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

Revenues for Oil and Natural Gas Corporation Limited are forecasted to decline from last year's levels, prompting caution among investors. When revenues fall, it can have a significant negative impact on the company's bottom line, reducing profitability and making the stock less attractive to risk-averse investors.

Financial Ratios:

currentRatio 0.808000
forwardPE 6.299511
debtToEquity 50.187000
earningsGrowth -0.334000
revenueGrowth 0.483000
grossMargins 0.356900
operatingMargins 0.076350
trailingEps 28.790000
forwardEps 35.730000

ONGC's forward EPS is higher than its trailing EPS, suggesting the company is expected to improve its profitability this financial year. This reflects growing confidence in ONGC's earnings potential, with forecasts indicating better financial performance than in the prior year.

Price projections:

Price projections for ONGC
Price projections for ONGC

ONGC's price has consistently remained near the lower edge of projections, suggesting that it is not fully meeting market expectations. This could indicate a need for improved performance or strategies to boost investor confidence.

Recommendation changes over time:

Recommendations trend for ONGC
Recommendations trend for ONGC


Recent analysis shows a strong buy bias for ONGC, encouraging investors to view it as a solid investment option. The positive sentiment surrounding ONGC suggests it could be an attractive place to allocate funds, motivating potential investors to consider the stock as a valuable part of their portfolio.