Oil & Natural Gas Corporation Limited vs Oil India Limited
An objective side-by-side of ONGC and OIL, both in Oil Drilling / Allied Services: valuation, profitability, growth, balance sheet, ownership and share-price performance. Where one number is clearly better on its own terms (lower P/E, higher ROE), it is shaded. That is a description, not a recommendation.
Prices as of 2026-09-21 close
Latest results: ONGC Jun 2026 · OIL Mar 2026
At a glance
- Oil & Natural Gas Corporation Limited is the larger company by market value, about 3.8 times the size of Oil India Limited.
- On trailing earnings, Oil & Natural Gas Corporation Limited trades at the lower P/E (6.6 against 10.3).
- Oil India Limited earns the higher return on equity (13.0% against 12.0%).
- Over three years Oil & Natural Gas Corporation Limited has grown profits faster (1% a year against -9%).
- Over the past year the share prices returned +1.5% (ONGC) and +21.1% (OIL).
| Metric | Oil & Natural ONGC |
Oil India OIL |
|---|---|---|
| Size and price | ||
| Market cap | ₹296,429 Cr | ₹77,809 Cr |
| Share price | ₹235.63 | ₹478.35 |
| Valuation | ||
| P/E | 6.62 | 10.30 |
| P/B | 0.80 | 1.34 |
| EV/EBITDA | 5.08 | 11.04 |
| PEG | 6.62 | — |
| Dividend yield | 5.3% | 2.4% |
| Profitability | ||
| ROE | 12.0% | 13.0% |
| ROCE | 14.0% | 12.0% |
| Operating margin | 13.2% | 29.4% |
| Sales (TTM) | ₹704,126 Cr | ₹35,509 Cr |
| Net profit (TTM) | ₹44,793 Cr | ₹7,551 Cr |
| Growth | ||
| Latest quarter sales YoY | +25.7% | -3.1% |
| Latest quarter profit YoY | -43.3% | +61.9% |
| Sales CAGR 3Y | +2.0% | -2.0% |
| Profit CAGR 3Y | +1.0% | -9.0% |
| Sales CAGR 5Y | +17.0% | +14.0% |
| Profit CAGR 5Y | +21.0% | +12.0% |
| Financial strength | ||
| Debt/Equity | 0.47 | 0.65 |
| Interest cover | 5.04 | 6.42 |
| Ownership | ||
| Promoter holding | 58.9% | 56.7% |
| Promoter change (4 qtrs) | +0.00 pp | +0.00 pp |
| Price performance | ||
| Return 1M | -1.20% | -0.53% |
| Return 3M | -4.00% | +13.21% |
| Return 1Y | +1.45% | +21.12% |
| Return YTD | -1.98% | +12.73% |
| Technical condition | ||
| Technical score | 36 | 52 |
| RS rating (1-99) | 46.00 | 70.00 |
| % vs 200-DMA | -8.25% | +4.48% |
| RSI (14) | 49.08 | 49.17 |
| % from 52-week high | -23.37% | -9.92% |
