Oil & Natural Gas Corporation Limited
Oil and Natural Gas Corporation Limited, together with its subsidiaries, engages in the exploration, development, production, and distribution of crude oil, natural gas, and value-added products in India and internationally. It operates through Exploration and Production, Refining & Marketing, and Petrochemicals segments. The company engages in the refining and marketing of petroleum products; li… Read more
Oil & Natural Gas Corporation Limited (ONGC) - Net Assets
Latest net assets as of September 2025: ₹4.02 Trillion INR
Based on the latest financial reports, Oil & Natural Gas Corporation Limited (ONGC) has net assets worth ₹4.02 Trillion INR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₹7.81 Trillion) and total liabilities (₹3.80 Trillion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₹4.02 Trillion |
| % of Total Assets | 51.42% |
| Annual Growth Rate | 11.62% |
| 5-Year Change | 54.26% |
| 10-Year Change | 86.68% |
| Growth Volatility | 7.23 |
Oil & Natural Gas Corporation Limited - Net Assets Trend (2002–2025)
This chart illustrates how Oil & Natural Gas Corporation Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Oil & Natural Gas Corporation Limited (2002–2025)
The table below shows the annual net assets of Oil & Natural Gas Corporation Limited from 2002 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | ₹3.74 Trillion | +2.50% |
| 2024-03-31 | ₹3.65 Trillion | +20.34% |
| 2023-03-31 | ₹3.03 Trillion | +7.08% |
| 2022-03-31 | ₹2.83 Trillion | +16.79% |
| 2021-03-31 | ₹2.43 Trillion | +7.93% |
| 2020-03-31 | ₹2.25 Trillion | -4.85% |
| 2019-03-31 | ₹2.36 Trillion | +7.57% |
| 2018-03-31 | ₹2.20 Trillion | -2.52% |
| 2017-03-31 | ₹2.25 Trillion | +12.40% |
| 2016-03-31 | ₹2.00 Trillion | +9.59% |
| 2015-03-31 | ₹1.83 Trillion | +4.49% |
| 2014-03-31 | ₹1.75 Trillion | +13.33% |
| 2013-03-31 | ₹1.54 Trillion | +11.40% |
| 2012-03-31 | ₹1.39 Trillion | +18.18% |
| 2011-03-31 | ₹1.17 Trillion | +13.86% |
| 2010-03-31 | ₹1.03 Trillion | +10.05% |
| 2009-03-31 | ₹936.35 Billion | +18.18% |
| 2008-03-31 | ₹792.31 Billion | +17.30% |
| 2007-03-31 | ₹675.46 Billion | +25.18% |
| 2006-03-31 | ₹539.60 Billion | +15.19% |
| 2005-03-31 | ₹468.45 Billion | +12.15% |
| 2004-03-31 | ₹417.69 Billion | +14.84% |
| 2003-03-31 | ₹363.72 Billion | +21.83% |
| 2002-03-31 | ₹298.55 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Oil & Natural Gas Corporation Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 515961.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₹298.80 Billion | 8.70% |
| Common Stock | ₹62.90 Billion | 1.83% |
| Other Comprehensive Income | ₹3.07 Trillion | 89.47% |
| Other Components | ₹30.00K | 0.00% |
| Total Equity | ₹3.43 Trillion | 100.00% |
Oil & Natural Gas Corporation Limited Competitors by Market Cap
The table below lists competitors of Oil & Natural Gas Corporation Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
STMicroelectronics N.V
PINK:STMEF
|
$11.87 Billion |
|
Zangge Holding Co Ltd
SHE:000408
|
$11.87 Billion |
|
New York Times Company
NYSE:NYT
|
$11.88 Billion |
|
Krung Thai Bank Public Co Ltd
PINK:KGTFY
|
$11.88 Billion |
|
Ryohin Keikaku Co Ltd
PINK:RYKKY
|
$11.80 Billion |
|
Elanco Animal Health
NYSE:ELAN
|
$11.77 Billion |
|
Zhejiang Huayou Cobalt Co Ltd
SHG:603799
|
$11.77 Billion |
|
Align Technology Inc
NASDAQ:ALGN
|
$11.75 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Oil & Natural Gas Corporation Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 3,370,702,270,000 to 3,434,404,800,000, a change of 63,702,530,000 (1.9%).
- Net income of 362,256,230,000 contributed positively to equity growth.
- Dividend payments of 169,847,400,000 reduced retained earnings.
- Other comprehensive income increased equity by 92,674,840,000.
- Other factors decreased equity by 221,381,140,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹362.26 Billion | +10.55% |
| Dividends Paid | ₹169.85 Billion | -4.95% |
| Other Comprehensive Income | ₹92.67 Billion | +2.7% |
| Other Changes | ₹-221.38 Billion | -6.45% |
| Total Change | ₹- | 1.89% |
Book Value vs Market Value Analysis
This analysis compares Oil & Natural Gas Corporation Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.97x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 8.20x to 0.97x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-03-31 | ₹32.21 | ₹264.10 | x |
| 2005-03-31 | ₹36.50 | ₹264.10 | x |
| 2006-03-31 | ₹42.05 | ₹264.10 | x |
| 2007-03-31 | ₹51.98 | ₹264.10 | x |
| 2008-03-31 | ₹60.85 | ₹264.10 | x |
| 2009-03-31 | ₹71.86 | ₹264.10 | x |
| 2010-03-31 | ₹79.02 | ₹264.10 | x |
| 2011-03-31 | ₹89.87 | ₹264.10 | x |
| 2012-03-31 | ₹106.32 | ₹264.10 | x |
| 2013-03-31 | ₹118.85 | ₹264.10 | x |
| 2014-03-31 | ₹134.15 | ₹264.10 | x |
| 2015-03-31 | ₹147.18 | ₹264.10 | x |
| 2016-03-31 | ₹154.14 | ₹264.10 | x |
| 2017-03-31 | ₹172.36 | ₹264.10 | x |
| 2018-03-31 | ₹158.98 | ₹264.10 | x |
| 2019-03-31 | ₹170.33 | ₹264.10 | x |
| 2020-03-31 | ₹164.52 | ₹264.10 | x |
| 2021-03-31 | ₹175.66 | ₹264.10 | x |
| 2022-03-31 | ₹206.28 | ₹264.10 | x |
| 2023-03-31 | ₹224.78 | ₹264.10 | x |
| 2024-03-31 | ₹267.94 | ₹264.10 | x |
| 2025-03-31 | ₹273.00 | ₹264.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Oil & Natural Gas Corporation Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 10.55%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.46%
- • Asset Turnover: 0.87x
- • Equity Multiplier: 2.21x
- Recent ROE (10.55%) is below the historical average (16.99%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 20.84% | 27.24% | 0.50x | 1.53x | ₹32.36 Billion |
| 2003 | 29.18% | 30.32% | 0.57x | 1.68x | ₹68.80 Billion |
| 2004 | 22.95% | 21.67% | 0.63x | 1.68x | ₹53.54 Billion |
| 2005 | 27.71% | 28.00% | 0.63x | 1.58x | ₹82.99 Billion |
| 2006 | 26.74% | 30.09% | 0.55x | 1.62x | ₹90.35 Billion |
| 2007 | 26.64% | 21.62% | 0.74x | 1.66x | ₹110.98 Billion |
| 2008 | 25.45% | 20.54% | 0.77x | 1.61x | ₹120.64 Billion |
| 2009 | 21.46% | 18.92% | 0.68x | 1.68x | ₹105.73 Billion |
| 2010 | 19.45% | 19.39% | 0.61x | 1.65x | ₹95.87 Billion |
| 2011 | 19.79% | 19.41% | 0.61x | 1.68x | ₹112.92 Billion |
| 2012 | 20.63% | 19.17% | 0.63x | 1.70x | ₹145.00 Billion |
| 2013 | 15.88% | 14.91% | 0.64x | 1.66x | ₹89.67 Billion |
| 2014 | 10.65% | 11.37% | 0.50x | 1.88x | ₹11.18 Billion |
| 2015 | 9.71% | 11.37% | 0.48x | 1.79x | ₹-5.54 Billion |
| 2016 | 6.51% | 10.38% | 0.36x | 1.73x | ₹-69.06 Billion |
| 2017 | 11.04% | 8.64% | 0.76x | 1.67x | ₹23.00 Billion |
| 2018 | 10.84% | 6.85% | 0.70x | 2.26x | ₹17.04 Billion |
| 2019 | 14.00% | 7.24% | 0.85x | 2.27x | ₹87.32 Billion |
| 2020 | 5.22% | 2.72% | 0.79x | 2.43x | ₹-98.93 Billion |
| 2021 | 7.38% | 5.37% | 0.56x | 2.46x | ₹-57.94 Billion |
| 2022 | 17.54% | 9.27% | 0.84x | 2.26x | ₹195.72 Billion |
| 2023 | 12.98% | 5.81% | 1.02x | 2.19x | ₹84.32 Billion |
| 2024 | 14.58% | 8.17% | 0.85x | 2.11x | ₹154.37 Billion |
| 2025 | 10.55% | 5.46% | 0.87x | 2.21x | ₹18.82 Billion |
Industry Comparison
This section compares Oil & Natural Gas Corporation Limited's net assets metrics with peer companies in the Oil & Gas Integrated industry.
Industry Context
- Industry: Oil & Gas Integrated
- Average net assets among peers: $288,486,900,000
- Average return on equity (ROE) among peers: 16.30%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Oil & Natural Gas Corporation Limited (ONGC) | ₹4.02 Trillion | 20.84% | 0.94x | $11.82 Billion |
| Oil India Limited (OIL) | $288.49 Billion | 16.30% | 0.78x | $2.95 Billion |