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 2026-11-05 close
Latest results: ONGC Jun 2026 · OIL Jun 2026
At a glance
- Oil & Natural Gas Corporation Limited is the larger company by market value, about 4.0 times the size of Oil India Limited.
- On trailing earnings, Oil & Natural Gas Corporation Limited trades at the lower P/E (6.5 against 7.5).
- Oil India Limited earns the higher return on equity (16.4% 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 -9.6% (ONGC) and +1.1% (OIL).
| Metric | Oil & Natural ONGC |
Oil India OIL |
|---|---|---|
| Size and price | ||
| Market cap | ₹289,346 Cr | ₹71,530 Cr |
| Share price | ₹230.00 | ₹439.75 |
| Valuation | ||
| P/E | 6.46 | 7.51 |
| P/B | 0.78 | 1.23 |
| EV/EBITDA | 5.00 | 7.85 |
| PEG | 6.46 | — |
| Dividend yield | 5.4% | 2.6% |
| Profitability | ||
| ROE | 12.0% | 16.4% |
| ROCE | 14.0% | 12.0% |
| Operating margin | 13.2% | 34.6% |
| Sales (TTM) | ₹704,126 Cr | ₹40,083 Cr |
| Net profit (TTM) | ₹44,793 Cr | ₹9,531 Cr |
| Growth | ||
| Latest quarter sales YoY | +25.7% | +57.7% |
| Latest quarter profit YoY | -43.3% | +96.7% |
| 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 | +2.59% | -1.81% |
| Return 3M | -4.25% | -0.96% |
| Return 1Y | -9.64% | +1.15% |
| Return YTD | -4.32% | +3.63% |
| Technical condition | ||
| Technical score | 65 | 36 |
| RS rating (1-99) | 41.00 | 57.00 |
| % vs 200-DMA | -9.90% | -5.32% |
| RSI (14) | 51.88 | 40.04 |
| % from 52-week high | -25.20% | -17.18% |
