Comparison · NSE · data 2026-11-01
Bharat Petroleum Corporation Limited vs Oil & Natural Gas Corp. Ltd.
In plain words
Size: Oil & Natural Gas Corp. Ltd. is about 2.3 times the market value of Bharat Petroleum Corporation Limited.
Valuation (P/E): Bharat Petroleum Corporation Limited 7.7 vs Oil & Natural Gas Corp. Ltd. 6.5.
Return on equity: Bharat Petroleum Corporation Limited 28.5% vs Oil & Natural Gas Corp. Ltd. 11.6%.
Profit growth over 3 years: Bharat Petroleum Corporation Limited 129.7% a year vs Oil & Natural Gas Corp. Ltd. 4.1% a year.
Debt to equity: Bharat Petroleum Corporation Limited 0.54 vs Oil & Natural Gas Corp. Ltd. 0.47.
Differences in the numbers, not a recommendation of either stock.
Side by side
| BPCL | ONGC | |
|---|---|---|
| Price | ₹284.9 | ₹225.39 |
| Market cap | ₹1,23,343 cr | ₹2,84,314 cr |
| P/E | 7.7 | 6.5 |
| P/B | 1.2 | — |
| ROE | 28.5% | 11.6% |
| ROCE | 25.3% | 13.2% |
| Debt / equity | 0.54 | 0.47 |
| Operating margin | 3.4% | 9.2% |
| Dividend yield | 7.91% | 5.86% |
| Sales growth, 3 years (yearly) | -1.1% | -1.3% |
| Profit growth, 3 years (yearly) | 129.7% | 4.1% |
| 1-year return | -18.6% | -12.1% |
| Revenue, last 12 months | ₹5,38,088 cr | ₹7,04,127 cr |
| Net profit, last 12 months | ₹15,803 cr | ₹43,519 cr |
| Latest quarter | Sept 2026 | Jun 2026 |
| Quarter net profit | ₹4,863 cr | ₹11,899 cr |
| Quarter profit vs a year earlier | -21.5% | +21.4% |
| Promoter holding | 52.98% | 58.89% |
| Health check | Strong (6.6/10) | Average (6/10) |
Common questions
Which has a higher P/E, Bharat Petroleum Corporation Limited or Oil & Natural Gas Corp. Ltd.?
Bharat Petroleum Corporation Limited trades at the higher P/E (7.7 against 6.5). A higher P/E means the market pays more for each rupee of past earnings; on its own it does not say which is better.
Which earns a higher return on equity?
Bharat Petroleum Corporation Limited (28.5% against 11.6%).
Which carries more debt?
Bharat Petroleum Corporation Limited has the higher debt-to-equity ratio (0.54 against 0.47).