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Oil and Natural Gas stock: growth

ONGC.NS
$2.39Closing price of 12 Nov 2026MEQIRI Score 73 out of 100

Oil and Natural Gas reported $70.39B in revenue for fiscal 2026, down 0.1% on the prior year, up 16.9% a year on average over up to five years.

Daily figure as of 13 Nov 2026

Revenue (Annual rate)
11.6%
per year from 2007 to 2026, per share 11.7%
Earnings (Annual rate)
4.6%
per year from 2007 to 2026, per share 4.7%
Free cash flow (Annual rate)
8.9%
per year from 2007 to 2026, per share 9%

Growth per year by period

What reaches shareholders is growth per share: buybacks lift it, new shares dilute it.

since 2021since 2016since 2007
Revenue16.9%18.2%11.6%
Revenue per share16.9%18.5%11.7%
Earnings20.5%12.4%4.6%
Earnings per share20.5%12.6%4.7%
Free cash flow76.3%16.0%8.9%
Free cash flow per share76.3%16.3%9.0%

Fiscal years at a glance

How revenue and earnings grow

  • Revenue
  • Earnings
  • Free cash flow
Figures as a table
YearRevenueEarningsFree cash flow
2007$8.74B$1.89B$1.51B
2008$10.29B$2.11B$1.3B
2009$11.12B$2.1B$782.14M
2010$10.81B$2.1B$800.35M
2011$12.5B$2.43B$1.52B
2012$15.6B$2.99B$697.29M
2013$17.26B$2.57B−$255.73M
2014$17.13B$1.95B−$881.68M
2015$17.13B$1.95B−$151.48M
2016$13.19B$1.37B$1.72B
2017$30.03B$2.6B$1B
2018$34.3B$2.35B$1.26B
2019$44.81B$3.25B$1.98B
2020$42.17B$1.15B$1.66B
2021$32.3B$1.73B$446.5M
2022$52.22B$4.84B$3.58B
2023$67.21B$3.9B$3.73B
2024$63.94B$5.22B$5.03B
2025$70.48B$3.85B$3.74B
2026$70.39B$4.4B$7.61B

Data status and sources

Score
Daily value of 13 Nov 2026, recalculated nightly
Price
Closing price of 12 Nov 2026
Latest annual report
Fiscal year 2026, period end 31 Mar 2026
Currency
Amounts in US dollars, converted at the ECB reference rate of 12 Nov 2026 ($1 = ₹94.0836)
Source
Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.

Mandatory disclosures for this rating

  • ; time horizon around 12 months
  • Rated Strong, published since 7 Nov 2026 (in the score history since 31 Jul 2026)
  • Valuation signal Undervalued since 7 Nov 2026
  • End-of-day prices, metrics cached for up to 24 hours
  • Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
  • Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
  • Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.

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