TickerKhojComparison · NSE · data 2026-11-02
Oil & Natural Gas Corp. Ltd. vs Reliance Industries Limited
In plain words
Size: Reliance Industries Limited is about 5.5 times the market value of Oil & Natural Gas Corp. Ltd..
Valuation (P/E): Reliance Industries Limited 20.4 vs Oil & Natural Gas Corp. Ltd. 6.6.
Return on equity: Oil & Natural Gas Corp. Ltd. 11.6% vs Reliance Industries Limited 9.2%.
Profit growth over 3 years: Reliance Industries Limited 6.6% a year vs Oil & Natural Gas Corp. Ltd. 4.1% a year.
Differences in the numbers, not a recommendation of either stock.
Side by side
| ONGC | RELIANCE | |
|---|---|---|
| Price | ₹228.62 | ₹1,237.5 |
| Market cap | ₹2,84,314 cr | ₹15,74,579 cr |
| P/E | 6.6 | 20.4 |
| P/B | — | 1.8 |
| ROE | 11.6% | 9.2% |
| ROCE | 13.2% | 7.9% |
| Debt / equity | 0.47 | 0.44 |
| Operating margin | 9.2% | 11.2% |
| Dividend yield | 5.86% | 0.52% |
| Sales growth, 3 years (yearly) | -1.3% | 6.4% |
| Profit growth, 3 years (yearly) | 4.1% | 6.6% |
| 1-year return | -10.2% | -17.0% |
| Revenue, last 12 months | ₹7,04,127 cr | ₹11,99,033 cr |
| Net profit, last 12 months | ₹43,519 cr | ₹82,110 cr |
| Latest quarter | Jun 2026 | Sept 2026 |
| Quarter net profit | ₹11,899 cr | ₹25,548 cr |
| Quarter profit vs a year earlier | +21.4% | +40.6% |
| Promoter holding | 58.89% | 50.44% |
| Health check | Average (6/10) | Average (5/10) |
Common questions
Which has a higher P/E, Oil & Natural Gas Corp. Ltd. or Reliance Industries Limited?
Reliance Industries Limited trades at the higher P/E (20.4 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 & Natural Gas Corp. Ltd. (11.6% against 9.2%).
Which carries more debt?
Oil & Natural Gas Corp. Ltd. has the higher debt-to-equity ratio (0.47 against 0.44).