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ONGC (Oil and Natural Gas Corporation) is a producer of crude oil and natural gas. It operates through Exploration and Production, and Refining segments. The Сompany is also involved in refining and processing of crude oil and natural gas, provision of oilfield services, transportation of oil and natural gas, and production of value-added products, such as liquefied petroleum gas, naphtha, superior kerosene oil, aviation turbine fuel, ethane, propane, butane, high-speed diesel, motor spirit, and petrochemicals.  

TypePublic
Founded1956
HQNew Delhi, IN
Websiteongcindia.com
Employee Ratings4.3

Latest Updates

Employees (est.) (Feb 2019)33,009(+3%)
Revenue (FY, 2018)₹3.7 T(+11%)

Key People/Management at ONGC

Sanjay Kumar Moitra

Sanjay Kumar Moitra

Director (Onshore)
Rajesh Kakkar

Rajesh Kakkar

Director (Offshore)
Subhash Kumar

Subhash Kumar

Director (Finance)
Ajay Kumar Dwivedi

Ajay Kumar Dwivedi

Director (Exploration)
Shashi Shanker

Shashi Shanker

Chairman & Managing Director
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ONGC Office Locations

ONGC has offices in New Delhi, Nazira, Vadodara, Silchar and in 16 other locations
New Delhi, IN (HQ)
Jeevan Bharti Connaught Ln
Ahmedabad, IN
Avani Bhawan, Gujarat State Highway 41, Mahavirnagar, Nigam Nagar, Chandkheda
Bhubaneswar, IN
Plot no 1 and 2, 2nd floor, Block B, Bhawani Complex, Saheed Nagar
Bokaro, IN
1st Floor, HSCL Building Bokaro Steel City Bokaro: 827001
Canaguinim, IN
Quitol Rd
Chennai, IN
Thalamuthu Natrajan Building, Cmda Tower 1, Gandhi Irwin Road, Egmore
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ONGC Financials and Metrics

ONGC Revenue

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ONGC's revenue was reported to be ₹3.70 t in FY, 2018 which is a 10.4% increase from the previous period.
INR

Revenue (FY, 2018)

3.7t

Revenue growth (FY, 2017 - FY, 2018), %

10.4%

Gross profit (FY, 2018)

2.5t

Gross profit margin (FY, 2018), %

67.1%

Net income (FY, 2018)

260.7b

Cash (31-Mar-2018)

25.1b
INRFY, 2017FY, 2018

Revenue

3.3t3.7t

Revenue growth, %

133%10%

Cost of goods sold

994.1b1.2t

Gross profit

2.4t2.5t
INRFY, 2016FY, 2017FY, 2018

Cash

18.3b18.2b25.1b

Accounts Receivable

83.3b125.5b139.0b

Inventories

99.2b298.8b305.6b

Current Assets

584.6b792.2b730.4b
INRFY, 2016FY, 2017FY, 2018

Net Income

131.0b291.7b260.7b

Depreciation and Amortization

163.8b202.2b230.9b

Inventories

4.9b(65.9b)(7.4b)

Accounts Payable

5.8b(62.1b)59.5b
INRY, 2018

Revenue/Employee

114.6m

Debt/Equity

0.5 x

Debt/Assets

0.2 x

Financial Leverage

2.1 x
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ONGC Revenue Breakdown

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ONGC revenue breakdown by business segment: 78.9% from Refining and Marketing (India), 6.8% from Exploration and Production (Onshore in India), 11.4% from Exploration and Production (Offshore in India) and 2.9% from Other

ONGC revenue breakdown by geographic segment: 97.1% from India and 2.9% from Other

Human Capital Metrics

ONGC's employees are reported to be approximately 7% female and 93% male.
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ONGC Online and Social Media Presence

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ONGC News and Updates

IOC pays 2nd interim dividend; ONGC to consider on 23 March

The government owns 53.88% stake in IOC and stands to get about ₹761 crore.Sources said the government is struggling to meet the revised fiscal deficit target of 3.4 % in view of the shortfall in GST collections

ONGC FY19 Profit Expected To Rise The Most In 14 Years

Brent crude has averaged 23 percent higher, while gas prices have risen 20 percent so far this year.

Facing revenue shortfall, Govt pushes IOC, ONGC to pay 2nd interim dividend

Sources said the government is struggling to meet the revised fiscal deficit target of 3.4 % .ONGC has told the government that it will need a SEBI approval if it has to pay a second interim dividend within a month

Norway fund's green shift may unsettle Reliance, ONGC, Indian Oil, Oil India

Norway GPFG has invested $658 million in RIL ($485.19 million), ONGC ($108.74 million), Indian Oil ($61.6 million) and Oil India ($2.03 million).Norway GPFG's decision to stop investing in oil and gas comes in the backdrop of uncertainty in oil markets and focus on renewable energy and climate chang…

ONGC plans to invest more than $500 million in Mumbai High Field

ONGC will employ enhanced oil recovery (EOR) methods to improve oil recovery from Mumbai High and has completed a pilot run.Almost 20% of new production at Mumbai High will come from incremental projects between 2017 and 2025.Mumbai High is ONGC’s vintage asset and the company is focused on maximizi…

L&T wins 'significant' order from ONGC

The contract is for the development of Cluster 8 marginal field located 210km to the west of Mumbai.L&T says the ONGC contract was awarded after international bidding on a lump sum turn key basis
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ONGC Frequently Asked Questions

  • When was ONGC founded?

    ONGC was founded in 1956.

  • Who are ONGC key executives?

    ONGC's key executives are Sanjay Kumar Moitra, Rajesh Kakkar and Subhash Kumar.

  • How many employees does ONGC have?

    ONGC has 33,009 employees.

  • What is ONGC revenue?

    Latest ONGC annual revenue is ₹3.7 t.

  • What is ONGC revenue per employee?

    Latest ONGC revenue per employee is ₹112 m.

  • Who are ONGC competitors?

    Competitors of ONGC include Reliance Industries, Indian Oil and PennTex Midstream Partners.

  • Where is ONGC headquarters?

    ONGC headquarters is located at Jeevan Bharti Connaught Ln, New Delhi.

  • Where are ONGC offices?

    ONGC has offices in New Delhi, Nazira, Vadodara, Silchar and in 16 other locations.

  • How many offices does ONGC have?

    ONGC has 21 offices.