Oil & Natural Gas (NSE:ONGC) Interest Expense: ₹-130,289 Mil (TTM As of Mar. 2026)

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NSE:ONGC Oil & Natural Gas Corp Ltd NSE:ONGC
93 GF Score
Price ₹248.45
GF Value ₹271.92
Valuation Fairly Valued
! 2 Warning Signs
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What is Oil & Natural Gas Interest Expense?

Oil & Natural Gas NSE:ONGC +1.42% 93 Interest Expense is ₹-130,289 Mil as of Mar. 2026. GuruFocus rates NSE:ONGC with a GF Score™ of 93/100 and a GF Value™ of ₹271.92 (Fairly Valued). The stock has 2 warning signs investors should review.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Oil & Natural Gas's interest expense for the three months ended in Mar. 2026 was ₹ -30,696 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2026 was ₹-130,289 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Oil & Natural Gas's Operating Income for the three months ended in Mar. 2026 was ₹ 396,427 Mil. Oil & Natural Gas's Interest Expense for the three months ended in Mar. 2026 was ₹ -30,696 Mil. Oil & Natural Gas's Interest Coverage for the quarter that ended in Mar. 2026 was 12.91. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Oil & Natural Gas  (NSE:ONGC) Interest Expense Explanation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Oil & Natural Gas's Interest Expense for the three months ended in Mar. 2026 was ₹-30,696 Mil. Its Operating Income for the three months ended in Mar. 2026 was ₹396,427 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2026 was ₹1,164,042 Mil.

Oil & Natural Gas's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*396426.8/-30696.1
=12.91

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The higher the ratio, the stronger the company's financial strength is.


Oil & Natural Gas Interest Expense Historical Data

* Premium members only.

The historical data trend for Oil & Natural Gas's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Oil & Natural Gas Interest Expense Chart

Oil & Natural Gas Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -46,764.31 -70,351.52 -117,424.21 -145,349.50 -130,288.50

Oil & Natural Gas Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -32,642.80 -33,414.10 -34,109.80 -32,068.50 -30,696.10
NSE:ONGC
93GF Score
Oil & Natural Gas Corp Ltd NSE:ONGC
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Oil & Natural Gas Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-130,289 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of ₹-130,289 Mil mean?
Oil & Natural Gas (NSE:ONGC) has a Interest Expense of ₹-130,289 Mil as of Mar. 2026. Interest Expense is the amount a company pays on its long-term debt. View historical data on Oil & Natural Gas and its competitors.
Is Oil & Natural Gas' Interest Expense too high?
Oil & Natural Gas' current Interest Expense is ₹-130,289 Mil. Overall, Oil & Natural Gas has a GF Score™ of 93/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Oil & Natural Gas' Interest Expense compare to XOM and CVX?
Oil & Natural Gas' Interest Expense of ₹-130,289 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Expense for an Oil & Gas company?
A good Interest Expense depends on the Oil & Gas industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Oil & Natural Gas and its competitors. Oil & Natural Gas's current Interest Expense is ₹-130,289 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Oil & Natural Gas stock overvalued right now?
Based on GuruFocus' analysis, Oil & Natural Gas (NSE:ONGC) is currently considered Fairly Valued. The stock's GF Value™ is ₹271.92, compared to a current price of ₹248.45 — trading 8.6% below its estimated fair value. The current Interest Expense is ₹-130,289 Mil. Oil & Natural Gas' overall GF Score™ is 93/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For Oil & Natural Gas (NSE:ONGC), the current Interest Expense is ₹-130,289 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Oil & Natural Gas (NSE:ONGC) Overvalued in 2026?

Based on GuruFocus' analysis, Oil & Natural Gas stock appears to be undervalued. The current stock price of ₹248.45 is trading 8.6% below its estimated GF Value™ of ₹271.92. GuruFocus considers Oil & Natural Gas to be Fairly Valued.

Key valuation signals for NSE:ONGC:

  • Interest Expense: ₹-130,289 Mil
  • GF Value™: ₹271.92 vs. price of ₹248.45 (8.6% below fair value)
  • GF Score™: 93/100 with 2 warning signs

No single metric tells the full story. See the NSE:ONGC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Oil & Natural Gas Business Description

Industry EnergyOil & Gas
Other Exchanges 500312:India
Address Nelson Mandela Marg, Plot No. 5A-5B, Vasant Kunj, New Delhi, IND, 110070
Oil & Natural Gas Corp Ltd is an Indian-based company. It engaged in the exploration, development, and production of crude oil, natural gas, and value-added products. Along with its subsidiaries, the company operates in the following business segments: Refining and Marketing, which derives maximum revenue, Exploration and Production, and Petrochemicals. Geographically, the group derives maximum revenue from India, from its offshore and onshore activities, and is also involved in exploration and production activities outside India.
93GF Score

Get the complete analysis for NSE:ONGC

Interest Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹248.45
Price
₹271.92
GF Value