O N G C Q4 FY26 Share Price & Earnings Call Analysis

Financials of O N G C

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

Financials of O N G C

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 O N G C

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 O N G C

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 O N G C

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 O N G C

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%