Overall Fundamental outlook

Business Operations:

Sector: Energy
Industry: Oil & Gas Integrated

Oil and Natural Gas Corporation Limited, together with its subsidiaries, engages in the exploration, development, and production of crude oil and natural gas in India and internationally. It operates through Exploration and Production, and Refining & Marketing segments. The company also engages in the refining and marketing of petroleum products; transportation of oil and natural gas; and production of liquefied petroleum gas, naphtha, ethane/propane, butane, kerosene oil, low sulphur heavy stock, aviation turbine fuel, mineral turpentine oil, carbon credits, and diesel. In addition, it generates wind power through a total installed capacity of 153.9 MW; and solar power through a total installed capacity of 39.52 MW, as well as generates geothermal power. The company was incorporated in 1993 and is based in New Delhi, India.

Revenue projections:

Revenue projections for ONGC
Revenue projections for ONGC

The projected decline in Oil and Natural Gas Corporation Limited's revenues compared to last year is expected to make investors cautious. A drop in revenue often has a direct negative effect on the company's bottom line, signaling potential challenges that could undermine investor confidence and reduce overall profitability.

Financial Ratios:

currentRatio 0.874000
forwardPE 6.572041
debtToEquity 43.805000
earningsGrowth 0.050000
revenueGrowth -0.003000
grossMargins 0.192080
operatingMargins 0.109220
trailingEps 29.110000
forwardEps 37.350650

ONGC's low earnings and revenue growth suggest shrinking profits. This negative trend could indicate that the company is struggling to maintain its financial performance and may face challenges ahead.
ONGC's negative gross and operating margins suggest that the company is experiencing losses at both the production and operational levels. This could point to inefficiencies or declining demand for its products.
ONGC's forward EPS exceeding its trailing EPS implies that the company is projected to be more profitable this year. This suggests an improvement in financial performance, with analysts expecting ONGC to generate stronger earnings compared to the previous financial year.

Price projections:

Price projections for ONGC
Price projections for ONGC

Over time, analysts have gradually revised ONGC's price projections downward. This suggests growing concerns about the company's ability to meet previous expectations, pointing to a more conservative outlook.

Recommendation changes over time:

Recommendations trend for ONGC
Recommendations trend for ONGC


Oil and Natural Gas Corporation Limited has been receiving a buy bias from analysts, indicating confidence in its investment potential. This could drive more investors to view Oil and Natural Gas Corporation Limited as a reliable choice for their money, offering a promising avenue for future growth and financial gains.