Parent · listed
Oil and Natural Gas Corporation · ONGC
India's largest upstream E&P. Maharatna. Owns MRPL and majority of HPCL. Major offshore and onshore producer.
NSE last
₹ 285.25
2026-04-27
Latest FY revenue
₹6,08,951 Cr
FY2025 · YoY +1.7%
Net margin
5.95%
EBITDA margin 16.25%
Net profit
₹36,226 Cr
EBITDA ₹98,931 Cr
Shareholding (Q3 FY26)
- Promoter
- 58.9%
- FII
- 7.2%
- DII
- 13.8%
- Other public
- 20.1%
Revenue – ₹ crore, five-year history
Net margin – percent of revenue
Annual line items
| FY end | Revenue | Op. income | EBITDA | Net income | Net margin | EBITDA margin |
|---|---|---|---|---|---|---|
| FY2025 | ₹6,08,951 Cr | ₹63,623 Cr | ₹98,931 Cr | ₹36,226 Cr | 5.95% | 16.25% |
| FY2024 | ₹5,98,644 Cr | ₹77,045 Cr | ₹1,16,887 Cr | ₹49,144 Cr | 8.21% | 19.53% |
| FY2023 | ₹6,29,510 Cr | ₹67,314 Cr | ₹77,669 Cr | ₹36,709 Cr | 5.83% | 12.34% |
| FY2022 | ₹4,89,301 Cr | ₹61,042 Cr | ₹84,787 Cr | ₹45,522 Cr | 9.30% | 17.33% |
Major assets
- Mumbai High complex — largest producing oilfield
- KG-D5 / KG-DWN-98/2 deepwater block — first deepwater oil in 2024
- Krishna-Godavari onshore gas fields
- Cauvery basin + Cambay basin onshore
- ONGC Videsh — global acreage (Venezuela, Russia Sakhalin-1 stake, Sudan, etc.)
- MRPL (15 MMTPA) + HPCL (54.9%) as refining downstream
Operations snapshot
- Crude production
- ~20 MMT/yr (incl. JV)
- Natural gas production
- ~21 BCM/yr
- Reserves (2P)
- ~940 MMT O+OEG
- Rigs operated
- 70+ (own + hired)
- Employees
- ~27,000
Major projects
Under construction
KG-DWN-98/2 Phase 2 — oil ramp-up
Phase 1 commissioned Jan 2024
Under construction
Mumbai High redevelopment
₹31,000 Cr
Under construction
CBM & shale gas development
Announced
OALP Round X blocks
28 blocks awarded/under offer
Announced
Green H2 plants + 5 GW renewables
target FY30
Subsidiaries
Mangalore Refinery & Petrochemicals
99.99%
Hindustan Petroleum
54.9%
ONGC Videsh Ltd (OVL)
100%
Overseas E&P arm
ONGC Petro additions (OPaL)
49.36%
Petrochem — GAIL + GSPC co-sponsors
Mangalore SEZ Ltd
45%
Joint ventures
ONGC Tripura Power Company
50%
Partner: GAIL/Tripura Govt
Petronet MHB
28.77%
Partner: HPCL/Others
Pawan Hans
49%
Partner: Govt of India
Annual reports
ongcindia.com/web/eng/investors/annual-reports ↗