Oil and Natural Gas Corporation ONGC
State-owned producer of most of India's crude oil and gas, also owning HPCL and a stake in IOC
Mapped in 1 theme: Nifty 50.
Index membership
Oil and Natural Gas Corporation is in the Nifty 50 (NSE industry: Oil Gas & Consumable Fuels).
Revenue and profit
| ₹ Cr | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | 6,01,581 | 6,12,064 | 6,08,663 |
| Net profit | 55,273 | 38,329 | 49,793 |
Latest-year revenue ₹6.09L Cr (FY26, company-wide). Wider screens show FY22 onwards.
Strengths
- Dominant domestic producer with large reserves
- Higher prices allowed for gas from new wells
Risks
- Output from ageing fields keeps declining
- Government can impose windfall taxes or subsidy sharing
Common questions
What does Oil and Natural Gas Corporation do?
State-owned producer of most of India's crude oil and gas, also owning HPCL and a stake in IOC.
Which industry is Oil and Natural Gas Corporation in?
Oil Gas & Consumable Fuels, in the Nifty 50.
Who are Oil and Natural Gas Corporation's peers?
In the Nifty 50's Oil Gas & Consumable Fuels industry: Reliance Industries and Coal India.
What is Oil and Natural Gas Corporation's market cap and valuation?
As of 30 Oct 2026: market cap ₹2.84L Cr, P/E 6.5x, ROCE 14.2%, ROE 11.6%, dividend yield 5.88%.