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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
Oil and Natural Gas Corporation Limited is an India-based integrated oil and gas company. The Company is engaged in exploration, development and production of crude oil, natural gas and value-added products in India and acquisition of oil and gas acreages outside India for…
Weekly engine runs — movement reflects the numbers, not analyst opinion.
A decent, steadily growing business, reasonably priced — but flagged on governance.
ONGC is scored on the commodity / cyclical framework. It keeps a slim 7.4% of every rupee of sales as net profit. Those profits are backed by real cash — operating cash flow runs 2.26× reported profit. It throws off free cash worth 18.9% of its market value — a strong free-cash yield.
Over the last 3 years revenue compounded at -1%/yr and profit at 14%/yr. Book value has grown 11%/yr. Return on equity is a healthy 12.3%. In the latest quarter profit fell 52% versus the prior quarter.
At 7× earnings, the stock sits at the 38th percentile of its own 3.6-year range — the middle of where it has historically traded. Today's price asks for only ~-9%/yr growth over a decade — undemanding expectations. The forensic screen raises a red flag: Share count up 30% over 4 years — heavy equity dilution.
A plain-English restatement of the figures on this page — rules-based, for education and research context, not investment advice or a recommendation.
| Ratio | Company | Sector | Read |
|---|---|---|---|
| P/E | 5.76 | — | — |
| P/B | 0.73 | 3.64 | better |
| EV/EBITDA | 3.55 | — | — |
| ROE | 12.35 | 7.15 | better |
| ROCE | 13.91 | 8.32 | better |
| ROA | 6.08 | — | — |
| Quick Ratio | 0.46 | 1.83 | worse |
| Peer | P/E | P/B | ROE |
|---|---|---|---|
| Oil India | 7.5 | 1.2 | 11.4% |
| Vedanta OIL AND GAS | 8.6 | 0.7 | 5.8% |
| Deep Industries | 17.6 | 1.9 | 19.7% |
Negative CAGR — the top line has shrunk over this window.
Profit is growing faster than revenue (14% vs -1%) — margin expansion is at work.
Operating margin has expanded from 6% to 10% — the business is keeping more of each rupee earned.
ROE at 12% — a respectable return on shareholder capital. Low variance across years — a predictable business that earns steadily on its equity base.
Profit grew faster than EPS (14% vs 5%) — share dilution is eroding per-share value. 5% EPS CAGR — this is the rate at which each share's claim on earnings is compounding.
Operating cash flow has been positive every year — the business generates real cash, not just accounting profit. Cash conversion at 2.3× PAT — earnings are well-backed by cash; strong accrual quality. Heavy investing spend every year, but operations generate enough to cover it — the business self-funds its growth.
When operating cash keeps pace with reported profit, earnings are cash-backed; a persistent shortfall is a quality flag.
Revenue rose 17% sequentially — momentum is building. Run-rate stepping up — recent quarters average 16% above earlier ones.
Profit fell 52% QoQ — one-quarter drops can be noise, but a pattern matters. Quarterly margins are compressing (8% → 3%) — more revenue isn't translating to proportionally more profit.
How today's P/E compares to the stock's own historical range. Dashed line = the 3.6y median.
Promoter holding at 58.9% — majority control intact.
Produced by a rules-based engine over licensed exchange fundamentals — every sentence above is derived from the numbers shown, no analyst or AI opinion involved. Education and research context, not investment advice. We are not SEBI-registered as an Investment Adviser or Research Analyst.