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ONGC.NS Oil and Natural Gas Corporation Limited

India INR·Price 246.25·Mkt cap 3.10T
83funnel
as of 2026-06-19
Key numbers
Market cap
₹3,09,789 Cr
Current price
₹246.25
52w high / low
Stock P/E
7.5
Book value
₹295.52
P/B
0.8
ROCE
21.5%
ROE
11.1%

Computed from the latest reported financials and the current market price.

Who's the real player?

Strong90

A genuine play on this theme — most of its business sits right here.

Oil & Gas Integrated~85% core revenue

Is the business healthy?

Strong90

Healthy business: it turns profit into real cash and earns solid returns on capital.

cashflow quality: 84.2capital efficiency: 85.1growth quality: 100balance sheet: 82.2valuation: 100
FCF conversion
141.8%
FCF margin
8.9%
Accrual ratio
-9.2%
ROCE
21.5%
ROIC
18.1%
Net debt / EBITDA
1.5
Interest coverage
10.3
Revenue CAGR
Piotroski F
7
Altman Z
2.6
P / FCF
5.3
EV / EBITDA
4.1
  • High cash flow quality
  • Strong FCF conversion
  • Negative accrual ratio indicating conservative accounting
  • Healthy operating cash flow

Are the smart people buying?

Weak49

No ownership-change data for this stock. Conviction is judged from capex and buyback signals alone.

Capex growth -3.0%Ownership-change data not available for this stock.
  • High promoter/insider stake
  • Institutional ownership present

What is management saying?

No earnings-call transcript or filings found for this stock.

Is the price right?

cheap100

Intrinsic value 1022.95 vs price 246.25 — screens cheap on a cash-flow DCF (315.4% to intrinsic). The base DCF growth assumption of 15% seems optimistic compared to the reverse-DCF implied growth of -0.25%, suggesting that the model's assumptions might not be fully aligned with market expectations.

Intrinsic / share1022.95
Price246.25
Upside to intrinsic315.4%
Reverse-DCF implied g-0.3%

Base FCF 468.79B · growth 15.0% · discount 12.0% · terminal 5.0%.

Sensitivity — intrinsic value / share

Each cell is the intrinsic value at that growth (across →) and discount rate (down ↓). Center ★ is the base case. Cells green = above price (cheap), red = below (expensive).

Growth rate →
Disc ↓ ╲ g11%13%15%17%19%
10%1111.131320.21562.981844.362169.85
11%887.441053.931246.891470.131727.95
12%728.51865.041022.951205.321415.59
13%610724.41856.471008.711183.95
14%518.4615.88728.2857.441005.96

Through the masters' eyes

Each investor's numeric rules, checked against this stock's metrics: exact math, no guesswork. Tap one to see which rules pass, fail, and what to judge yourself.

Scoring this stock against the masters' frameworks…

Financial statements (INR)

source

Cash-flow lines highlighted — we trust cash over reported profit.

Line20262025202420232022
Revenue6.62T6.63T5.99T6.30T
Operating income1.34T1.15T770.45B673.14B
EBITDA1.18T1.02T1.17T776.69B
Net income414.24B362.26B491.44B367.09B
Operating cash flow1.13T908.56B988.47B860.62B
Capex-539.90B-556.74B-521.19B-509.30B
Free cash flow587.29B351.81B467.28B351.32B
Total assets7.92T7.59T7.42T6.43T
Total equity3.72T3.43T3.39T2.85T
Total debt1.74T1.88T1.91T1.77T
Cash & equivalents15.54B16.68B26.86B26.44B

Technical entry