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

ONGC's revenues are expected to fall below last year's, and this forecast tends to raise concerns among investors. A revenue drop can negatively impact the company's profitability, making investors more cautious about their positions due to the risks of declining financial performance.

Financial Ratios:

currentRatio 0.840000
forwardPE 6.426034
debtToEquity 42.548000
earningsGrowth 0.478000
revenueGrowth 0.019000
grossMargins 0.392470
operatingMargins 0.092120
trailingEps 32.920000
forwardEps 42.646830

Oil and Natural Gas Corporation Limited's forward EPS exceeding its trailing EPS means that the company is expected to increase profitability in the current financial year. This reflects improved earnings potential, signaling that Oil and Natural Gas Corporation Limited is likely to outperform its previous year's financial performance.

Price projections:

Price projections for ONGC
Price projections for ONGC

ONGC's price has frequently been situated near the lower end of analysts' projections. This trend indicates that the stock is struggling to meet expectations, which could signal a need for improvements in performance or investor confidence.

Recommendation changes over time:

Recommendations trend for ONGC
Recommendations trend for ONGC


Analysts have shown a buy bias for ONGC, marking it as a favorable investment option. This could inspire investors to see ONGC as a strong place to park their money, given the positive outlook and growth potential associated with the stock in recent evaluations.