Oil & Natural Gas Corp Ltd (NSE:ONGC)
₹ 238.85 +1.05 (+0.44%) Market Cap: 2.99 Tn Enterprise Value: 4.66 Tn PE Ratio: 6.87 PB Ratio: 0.80 GF Score: 89/100

Q3 2025 Oil and Natural Gas Corporation Ltd Earnings Call Transcript

Feb 3, 2025 / 10:00 AM GMT
Release Date Price: ₹249 (-3.32%)

Key Points

Positve
  • Oil & Natural Gas Corp Ltd (BOM:500312) has successfully reversed the declining trend in crude oil and natural gas production, showing a positive growth trajectory.
  • The company has announced a significant international collaboration with BP Exploration Alpha Limited to enhance production in the Mumbai High field.
  • Oil & Natural Gas Corp Ltd (BOM:500312) declared a second interim dividend of INR 5 per share, with a payout ratio of about 48%, reflecting strong shareholder returns.
  • The company has received recognition for excellence in financial reporting, including a silver plaque from the Institute of Chartered Accountants of India.
  • Oil & Natural Gas Corp Ltd (BOM:500312) is expanding its green energy portfolio, with plans to achieve 10 gigawatts of renewable energy capacity by 2030.
Negative
  • The financial performance in Q3 was muted compared to the previous year, with a decrease in revenue and profit after tax due to lower oil prices and increased depreciation.
  • There is a concern about the company's late entry into the renewable energy sector, which may have resulted in missed opportunities for shareholder value creation.
  • The company faces challenges with its Russian projects due to sanctions, resulting in funds being stuck in Russian banks.
  • Oil & Natural Gas Corp Ltd (BOM:500312) has a high level of debt, although it is being managed and reduced gradually.
  • The petrochemical segment, represented by Opal, is currently experiencing a down cycle, affecting profitability despite recent financial restructuring.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

ONGC.NS - Oil and Natural Gas Corporation Ltd
Q3 2025 Oil and Natural Gas Corporation Ltd Earnings Call
Feb 03, 2025 / 10:00AM GMT

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Presentation
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Unidentified_1 [1]
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Good afternoon. Ladies and gentlemen.

Before we begin, please play the film of Tas Lanzen for the safety briefing.

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Unidentified_2 [2]
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Namaste. Ladies and gentlemen, welcome to the Taj Lands and Mumbai allow me to brief you about the safety procedures and guidelines of a banquet venue.

We are at the ballroom which is located at banquet level. B please note that we have demarked via exits to ensure smooth evacuation.

Be kindly informed that the entire hotel is well equipped with fire safety
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