Oil & Natural Gas Corpn Ltd Q1 FY27 Share Price & Earnings Call Analysis

Financials of Oil & Natural Gas Corpn Ltd

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Financials of Oil & Natural Gas Corpn Ltd

Quarterly Results

Quarter-by-quarter operating performance

Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Sales +164,067163,824147,614167,357172,137168,968159,331167,213167,749163,108157,911167,423173,805
Expenses +143,527133,029119,534146,996148,913147,183138,757142,858145,983137,429131,390142,088148,449
Operating Profit20,53930,79528,08020,36023,22421,78520,57424,35421,76625,67926,52125,33525,356
OPM %13%19%19%12%13%13%13%15%13%16%17%15%15%
Other Income +-4,7863,0693,6734,2993,3753,5354,1622,4153,5482,5553,4473,4505,699
Interest2,0682,3643,2433,2033,6083,6943,8273,7503,2643,3413,4113,2073,070
Depreciation6,7447,0787,0797,4948,4208,5018,2549,5398,9129,3849,2739,3889,345
Profit before tax6,94124,42221,43113,96214,57013,12512,65513,48013,13715,50917,28416,19018,640
Tax %7%27%25%25%24%26%22%28%32%26%27%26%27%
Net Profit +6,47817,89316,17110,51111,0969,7769,8419,7478,96511,55412,61511,94613,678
EPS in Rs3.5711.6410.898.517.977.938.146.825.917.798.577.968.60

Financials of Oil & Natural Gas Corpn Ltd

Profit & Loss

Annual income statement trend

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Sales +160,923124,036282,506322,706421,624396,728303,849491,246632,291601,581612,065662,247
Expenses +118,61084,901229,702265,817346,805344,623254,375411,373556,764499,198523,205559,128
Operating Profit42,31239,13552,80456,88974,81952,10549,47379,87475,527102,38388,861103,120
OPM %26%32%19%18%18%13%16%16%12%17%15%16%
Other Income +5,9551,06712,72410,4299,56798211,2716,797-3014,71213,27814,923
Interest2,8643,7663,5914,9995,8377,4895,0795,6967,88913,02614,53513,029
Depreciation18,03316,38420,21923,11223,70426,63525,53826,88324,55730,44035,20637,391
Profit before tax27,37020,05241,71839,20854,84618,96230,12654,09143,05173,62952,39867,623
Tax %35%35%30%34%38%40%29%9%24%25%27%26%
Net Profit +17,70313,10229,16926,06833,93811,45621,36049,29432,77855,27338,32949,793
EPS in Rs14.2910.0319.0317.2324.288.5912.9636.1928.1739.0628.8032.93
Dividend Payout %44%56%40%38%29%58%28%29%40%31%43%40%

Financials of Oil & Natural Gas Corpn Ltd

Balance Sheet

Capital structure and asset base

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital4,2784,2786,4176,4176,2906,2906,2906,2906,2906,2906,2906,290
Reserves176,177193,536187,969197,602210,644198,814214,691253,213274,357332,779337,150365,478
Borrowings +53,94445,50080,029106,550107,742129,473133,187121,986142,255191,195187,817174,316
Other Liabilities +103,44898,459170,111148,664167,667173,787187,580201,771190,212206,357221,398245,821
Total Liabilities337,847341,772444,525459,232492,343508,364541,748583,260613,115736,621752,656791,905
Fixed Assets +179,933166,277211,125226,058230,391243,892243,746254,402250,819317,183336,810369,684
CWIP63,39357,66859,04261,51269,05683,832100,309106,719113,945118,729115,72491,478
Investments4,74933,38770,74667,33566,90956,75560,32066,64278,873100,86295,617101,084
Other Assets +89,77184,440103,612104,328125,987123,884137,372155,496169,478199,847204,504229,659
Total Assets337,847341,772444,525459,232492,343508,364541,748583,260613,115736,621752,656791,905

Financials of Oil & Natural Gas Corpn Ltd

Cash Flows

Operating, investing and financing cash movement

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity +33,95046,29245,78056,79261,45870,59347,18578,24884,21198,84790,868112,719
Cash from Investing Activity +-30,058-38,256-43,815-66,798-37,132-53,159-39,141-41,197-72,799-57,423-42,901-57,676
Cash from Financing Activity +-10,641-8,972-1,8679,909-23,324-16,726-8,239-35,790-12,916-45,009-47,908-56,331
Net Cash Flow-6,749-93599-971,001708-1951,261-1,504-3,58659-1,287
Free Cash Flow17,05331,19925,44529,06135,69728,73515,14745,15847,75860,96550,15459,510
CFO/OP102%138%105%119%103%155%111%115%132%111%118%128%

Financials of Oil & Natural Gas Corpn Ltd

Ratios

Working capital efficiency and return ratios

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days43251616138191411121312
Inventory Days6510565564846859061879959
Days Payable17529051484131516646616443
Cash Conversion Cycle-67-16130242123543927384728
Working Capital Days-30-59-85-61-44-54-50-24-30-46-37-33
ROCE %13%13%17%14%19%10%9%16%14%18%12%14%