TickerKhojComparison · NSE · data 2026-11-02
Oil India Limited vs Oil & Natural Gas Corp. Ltd.
In plain words
Size: Oil & Natural Gas Corp. Ltd. is about 3.9 times the market value of Oil India Limited.
Valuation (P/E): Oil India Limited 8.9 vs Oil & Natural Gas Corp. Ltd. 6.6.
Profit growth over 3 years: Oil & Natural Gas Corp. Ltd. 4.1% a year vs Oil India Limited -8.8% a year.
Debt to equity: Oil India Limited 0.65 vs Oil & Natural Gas Corp. Ltd. 0.47.
Differences in the numbers, not a recommendation of either stock.
Side by side
| OIL | ONGC | |
|---|---|---|
| Price | ₹456.1 | ₹228.62 |
| Market cap | ₹73,767 cr | ₹2,84,314 cr |
| P/E | 8.9 | 6.6 |
| P/B | — | — |
| ROE | 12.3% | 11.6% |
| ROCE | 10.9% | 13.2% |
| Debt / equity | 0.65 | 0.47 |
| Operating margin | 28.5% | 9.2% |
| Dividend yield | 2.54% | 5.86% |
| Sales growth, 3 years (yearly) | -2.9% | -1.3% |
| Profit growth, 3 years (yearly) | -8.8% | 4.1% |
| 1-year return | 4.9% | -10.2% |
| Revenue, last 12 months | ₹38,904 cr | ₹7,04,127 cr |
| Net profit, last 12 months | ₹8,353 cr | ₹43,519 cr |
| Latest quarter | Mar 2026 | Jun 2026 |
| Quarter net profit | ₹2,100 cr | ₹11,899 cr |
| Quarter profit vs a year earlier | — | +21.4% |
| Promoter holding | 56.66% | 58.89% |
| Health check | Average (6.3/10) | Average (6/10) |
Common questions
Which has a higher P/E, Oil India Limited or Oil & Natural Gas Corp. Ltd.?
Oil India Limited trades at the higher P/E (8.9 against 6.6). 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?
Oil India Limited (12.3% against 11.6%).
Which carries more debt?
Oil India Limited has the higher debt-to-equity ratio (0.65 against 0.47).