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

Investors are expected to be cautious with ONGC, as its revenues are projected to fall compared to last year. A decline in revenue often results in a negative impact on profitability, prompting concerns about the company's financial stability and making investors more conservative in their approach.

Financial Ratios:

currentRatio 0.000000
forwardPE 6.797723
debtToEquity 43.805000
earningsGrowth 0.162000
revenueGrowth 0.008000
grossMargins 0.195320
operatingMargins 0.095250
trailingEps 30.250000
forwardEps 41.896380

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 projections have gradually declined, indicating growing uncertainty about the company's ability to meet previous targets. The downward trend reflects a more conservative view of ONGC's future.

Recommendation changes over time:

Recommendations trend for ONGC
Recommendations trend for ONGC


Analysts have maintained a buy bias for ONGC, which could prompt investors to consider the stock as a viable investment. With this positive outlook, ONGC is positioned as an attractive option for those looking to park their money in a stable and potentially lucrative company.