Obermatt

Oil and Natural Gas

NSI:ONGC · INE213A01029
Oil, Gas & Consumable FuelsXX-Large

360

74
EV / EBIT75
Price / Owner Earnings75
Owner Earnings Yield90
Dividend Yield83
Price/Sales67
EV / Gross Profit100
Price/Book61
Return on Capital49
Cash Return on Capital62
Return on Equity59
EBIT Margin29
Gross Profitability95
Cash Conversion68
Owner Earnings Margin48
Sales growth71
Profit Growth98
Long-Term EPS Growth8
Reinvestment82
Price momentum55
Debt load62
Refinancing33
Debt Payback60
Liquidity47
Analyst ratings29
Opinion Changes57
Price Target Upside82
Market mood42
Value Creation13/20creating some value
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

Oil and Natural Gas clears its cost of capital, but the record is mixed across the five tests. Real value creation, just not yet consistent.

Based on 3/5 components.

Profile

CountryIndia
IndustryOil, Gas & Consumable Fuels
SizeXX-Large
TypePublic Company
ExchangeNSEI
Founded1993
Employees10,616
ISININE213A01029
Last UpdateApr 2, 2026
Themes
Onshore and Offshore WindUtility Scale SolarClean EnergyEnergyManufacturingOil and GasRenewable Energy

Description

Analysis

Bargain bin

Oil and Natural Gas Corporation Limited falls in the bargain bin: the price is low relative to peers, but the business metrics give reason to pause.

The price is attractive. You pay 8.7× its owner earnings: the cash an owner could take out each year, which is in the historically attractive zone. At today's price, the market is assuming roughly -5% yearly growth; analysts expect -66%. The market is pricing in far more than analysts expect: heroic expectations.

The trajectory is moderate and the balance sheet is adequate. The company scores 13/20 on our value-creation score: creating some value.

Nothing is flagged here: no red or amber gates, no divergence between profits and cash. That is itself information: the numbers are straightforward. As always: this describes the company's numbers; it is not a recommendation.

360° rank · history

1007550250
79
2023202420252026

All-time high

95

Jan 2023

All-time low

27

Nov 2025

Average rank

68

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023
Price/Sales
67
64
71
77
Price/Earnings
78
82
87
84
Price/Book
61
78
82
92
Dividend Yield
83
70
69
86
Value (overall)
84
80
71
88

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

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Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →