Oil & Natural Gas (NSE:ONGC) Research & Development: ₹0 Mil (TTM As of Mar. 2026)


NSE:ONGC Oil & Natural Gas Corp Ltd NSE:ONGC
88 GF Score
Price ₹233.10
GF Value ₹268.77
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Oil & Natural Gas Research & Development?

Oil & Natural Gas NSE:ONGC -2.88% 88 Research & Development is ₹0 Mil as of Mar. 2026. GuruFocus rates NSE:ONGC with a GF Score™ of 88/100 and a GF Value™ of ₹268.77 (Modestly Undervalued). The stock has 2 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Oil & Natural Gas's Research & Development for the three months ended in Mar. 2026 was ₹0 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was ₹0 Mil.

Oil & Natural Gas  (NSE:ONGC) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

Oil & Natural Gas Research & Development Related Terms

Oil & Natural Gas Research & Development Historical Data

* Premium members only.

The historical data trend for Oil & Natural Gas's Research & Development 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 Research & Development Chart

Oil & Natural Gas Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Research & Development
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5,133.08 5,424.25 6,171.64 6,291.70 0.00

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
Research & Development 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 0.00 0.00 0.00 0.00 0.00
NSE:ONGC
88GF Score
Oil & Natural Gas Corp Ltd NSE:ONGC
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Oil & Natural Gas Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development 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 ₹0 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 Research & Development →
What does a Research & Development of ₹0 Mil mean?
Oil & Natural Gas (NSE:ONGC) has a Research & Development of ₹0 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Oil & Natural Gas and its competitors.
Is Oil & Natural Gas' Research & Development too high?
Oil & Natural Gas' current Research & Development is ₹0 Mil. Overall, Oil & Natural Gas has a GF Score™ of 88/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Oil & Natural Gas' Research & Development compare to XOM and CVX?
Oil & Natural Gas' Research & Development of ₹0 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 Research & Development for an Oil & Gas company?
A good Research & Development depends on the Oil & Gas industry context. However, Research & Development 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 Research & Development mean?
A high Research & Development can signal that a stock is expensive relative to its fundamentals. Research and development expense is the total cost for research and development activities. View historical data on Oil & Natural Gas and its competitors. Oil & Natural Gas's current Research & Development is ₹0 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 Modestly Undervalued. The stock's GF Value™ is ₹268.77, compared to a current price of ₹233.10 — trading 13.3% below its estimated fair value. The current Research & Development is ₹0 Mil. Oil & Natural Gas' overall GF Score™ is 88/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Research & Development calculated?
Research & Development is calculated from a company's financial statements. For Oil & Natural Gas (NSE:ONGC), the current Research & Development is ₹0 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 ₹233.10 is trading 13.3% below its estimated GF Value™ of ₹268.77. GuruFocus considers Oil & Natural Gas to be Modestly Undervalued.

Key valuation signals for NSE:ONGC:

  • Research & Development: ₹0 Mil
  • GF Value™: ₹268.77 vs. price of ₹233.10 (13.3% below fair value)
  • GF Score™: 88/100 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.
88GF Score

Get the complete analysis for NSE:ONGC

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

₹233.10
Price
₹268.77
GF Value