Oil & Natural Gas Corporation enterprise value

Share price at each year-end

Tap a line for its trend	Currentlast 12M	FY26Mar 2026	FY25Mar 2025	FY24Mar 2024	FY23Mar 2023	FY22 and earlierAlpha Plus


2,83,937	—	—	—	—	FY22 and earlierEvery year the company has filed comes with Alpha Plus.
4,661	4,661	7,807	9,513	7,809
37,925	37,925	30,795	28,020	20,608
1,42,055	1,42,055	1,53,556	1,19,755	1,29,186
4,59,256	—	—	—	—
1,37,394	1,37,394	1,45,749	1,10,242	1,21,377
₹365.06	—	—	—	—

5,51,748	5,51,748	5,27,791	4,84,846	4,30,441
25.7%	25.7%	29.1%	24.7%	30.0%
0.31×	—	—	—	—

0.65×	—	—	—	—
4.95×	—	—	—	—
8.32×	—	—	—	—
6.43×	—	—	—	—
7,04,127	6,62,247	6,63,262	6,43,037	6,84,829
92,698	1,03,120	88,861	1,02,835	75,527
55,214	65,729	53,655	74,073	50,970
—	1,12,719	90,868	99,263	84,211
71,438	71,438	49,837	61,347	47,419
—	69,080	46,813	58,862	45,954
—	41,282	41,031	37,916	36,792

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From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.

alphave

ONGC₹225.70

Oil & Natural Gas Corporation Ltd.

· Energy & Power

₹ CrorePeersOIL RELIANCE HINDPETRO COALINDIA BPCL GAIL IOC ATGLMcap ₹2.84L Cr

HighlightsEnterprise Value Multiples Per ShareAnnuals · FY-end closes

In ₹ Crore except Per Share 12 Months Ending	FY23 31/03/2023	FY24 31/03/2024	FY25 31/03/2025	FY26 31/03/2026	Current/LTM TTM · last close
Market Capitalization	—	—	—	—	2,83,936.9
- Cash, Equiv & ST Investments	7,808.9	9,513.0	7,806.9	4,661.2	4,661.2
+ Minority Interest	20,607.7	28,020.3	30,794.6	37,925.5	37,925.5
+ Total Debt	1,29,185.6	1,19,755.4	1,53,555.9	1,42,055.1	1,42,055.1
Enterprise Value	—	—	—	—	4,59,256.3
Net Debt (memo)	1,21,376.7	1,10,242.4	1,45,749.1	1,37,393.9	1,37,393.9
EV per Share	—	—	—	—	365.06

Total Capital	4,30,440.6	4,84,846.0	5,27,791.0	5,51,748.4	5,51,748.4
Total Debt/Total Capital	30.01	24.70	29.09	25.75	25.75
Total Debt/EV	—	—	—	—	0.31

EV/Sales	—	—	—	—	0.65
EV/EBITDA	—	—	—	—	4.95
EV/EBIT	—	—	—	—	8.32
EV/Free Cash Flow	—	—	—	—	6.43
Reference Items — Trailing FY Values
Sales	6,84,829.2	6,43,037.0	6,63,262.3	6,62,247.3	7,04,126.6
EBITDA	75,527.0	1,02,835.5	88,860.7	1,03,119.8	92,697.9
EBIT	50,969.9	74,072.7	53,654.7	65,729.1	55,213.9
Operating Cash Flow	84,211.3	99,262.7	90,868.2	1,12,719.3	—
Free Cash Flow	47,418.9	61,347.1	49,837.4	71,437.8	71,437.8
FCFF (free cash flow to the firm)	45,953.9	58,862.4	46,813.4	69,080.1	—
Capital Expenditure	36,792.5	37,915.6	41,030.8	41,281.6	—

Market Cap/EV/multiples pair each (split/bonus-adjusted) FY-end close with the latest filed share count; Current column uses the last close. Market Capitalization is a market-level figure — identical across Consolidated/Standalone (the accounting rows below differ). No consensus estimates → no Est columns. Click any row to chart it.

« ‹ › »Latest: FY26 · ConsolidatedFA Financial Analysis · alphave

Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 193%.