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ONGC

ONGC is engaged in exploration, development and production of crude oil, natural gas and value added products.

Progress in 2017-18
SHAREHOLDING PATTERN
Only one Promoter is holding 65.64% shares in the company out of total holdings of the company.

Income Statement
Sale has increased by 10%.
Slight increase in expenses but the Operating Profit has also increased.
Profit Margin has increased by 16%.
Earning Per Share has increased from 13.95 to 15.54 on annual basis.

Balance Sheet

Increase in reserves by 4%.


Increase in the amounts borrowed and liability of the bank
There is no change in the equity capital in this year.

Financial Ratios

Dividend Payout - Decreased from 54% to 42%


Debt-Equity - No change

Pros:
Company is virtually debt free.
Stock is trading at 0.90 times its book value
Stock is providing a good dividend yield of 4.60%.
Company is expected to give good quarter
Company has been maintaining a healthy dividend payout of 47.22%

Cons:
Promoter's stake has decreased
The company has delivered a poor growth of 0.48% over past five years.
Company has a low return on equity of 10.78% for last 3 years.
INCOME STATEMENT (Investing)

2015 2016 2017 2018


31-Mar 31-Mar 31-Mar 31-Mar

Total Revenue 1612117.27 1356642.14 3256662.21 3622461.83

Revenue 1612117.27 1356642.14 3256662.21 3622461.83


Other Revenue, Total - - - -
Cost of Revenue, Total 664073.54 469084.06 2287781.44 2555974.33
Gross Profit 948043.73 887558.08 968880.77 1066487.5
Total Operating Expenses 1369251.41 1177712.41 2901308.63 3275979.95
Selling/General/Admin. Expenses, To 243907.14 372205.08 372115.4 388414.09
Research & Development 114959.48 66182.93 58114.17 80482.67
Depreciation / Amortization 174675.8 166680.43 211876.67 234707.24
Interest Expense (Income) - Net Ope- - - -
Unusual Expense (Income) 5653.85 66209.55 -36602.47 -3634.23
Other Operating Expenses, Total 165981.6 37350.36 8023.42 20035.85
Operating Income 242865.86 178929.73 355353.58 346481.88
Interest Income (Expense), Net Non-Operating 12428.26 5629.35 42140.24 17287.36
Gain (Loss) on Sale of Assets -242.39 -1.84 1.32 -295.54
Other, Net 18651.92 15965.25 19680.27 28601.32
Net Income Before Taxes 273703.65 200522.49 417175.41 392075.02
Provision for Income Taxes 96974.1 69506.96 125484.22 131395.16
Net Income After Taxes 176729.55 131015.53 291691.19 260679.86
Minority Interest 6302.55 -2263.4 -47498.69 -39620.58
Equity In Affiliates 303.1 - - -
U.S GAAP Adjustment - - - -
Net Income Before Extraordinary Items 183335.2 128752.13 244192.5 221059.28
Total Extraordinary Items - - - -
Net Income 183335.2 128752.13 244192.5 221059.28
Total Adjustments to Net Income - -0.01 - -

Income Available to Common Excluding 183335.2 128752.12 244192.5 221059.28


Dilution Adjustment - - - -
Diluted Net Income 183335.2 128752.12 244192.5 221059.28
Diluted Weighted Average Shares 12833.17 12833.24 12833.24 12833.24
Diluted EPS Excluding Extraordinary I 14.29 10.03 19.03 17.23
DPS - Common Stock Primary Issue 6.33 5.67 6.05 6.6
Diluted Normalized EPS 14.93 13.4 17.03 17.05
10.09809
#VALUE!
10.49278
9.152168
11.43692
4.196215
27.79294
9.727254
#VALUE!
-907.1589
59.95468
-2.560509
-143.7633
100.4466
31.19104
-6.401936
4.498598
-11.89633
-19.88388
#VALUE!
#VALUE!
-10.46471
#VALUE!
-10.46471

#VALUE!
Balance Sheet(Money Control)

Mar-14 Mar-15 Mar-16 Mar-17 Mar-18

EQUITIES AND LIABILITIES


SHAREHOLDER'S FUNDS
Equity Share Capital 4,277.76 4,277.76 4,277.76 6,416.63 6,416.63
Total Share Capital 4,277.76 4,277.76 4,277.76 6,416.63 6,416.63
Reserves and Surplus 167,873.23 176,176.64 193,535.88 187,968.59 197,602.27
Total Reserves and Surplus 167,873.23 176,176.64 193,535.88 187,968.59 197,602.27
Total Shareholders Funds 172,150.99 180,454.40 197,813.64 194,385.22 204,018.90
Minority Interest 2,912.54 2,473.13 2,651.81 13,291.96 15,606.00
NON-CURRENT LIABILITIES
Long Term Borrowings 31,680.86 47,582.75 40,229.18 52,772.35 55,024.90
Deferred Tax Liabilities [Net] 18,552.11 18,761.31 28,102.83 36,762.98 41,505.94
Other Long Term Liabilities 1,852.53 1,829.44 177.07 1,041.05 1,911.81
Long Term Provisions 30,409.81 32,779.61 22,048.73 23,114.63 25,200.15
Total Non-Current Liabilities 82,495.31 100,953.12 90,557.81 113,691.00 123,642.80
CURRENT LIABILITIES
Short Term Borrowings 13,907.27 4,288.57 4,318.47 21,627.44 46,221.15
Trade Payables 30,678.31 30,387.31 29,778.03 24,013.79 26,550.69
Other Current Liabilities 21,819.39 16,866.93 16,234.98 73,436.87 39,851.40
Short Term Provisions 946.99 2,259.21 1,230.89 4,951.20 4,343.96
Total Current Liabilities 67,351.96 53,802.02 51,562.37 124,029.29 116,967.20
Total Capital And Liabilities 324,910.80 337,682.68 342,585.63 445,397.48 460,234.91
ASSETS
NON-CURRENT ASSETS
Tangible Assets 46,225.35 68,671.21 150,841.24 196,360.15 211,229.70
Intangible Assets 75.44 116.93 105.43 574.91 625.44
Capital Work-In-Progress 72,033.68 63,408.20 21,904.44 21,373.29 21,381.34
Intangible Assets Under Development 0 0 35,764.04 37,669.19 40,130.53
Other Assets 91,268.15 91,004.93 0 0 0
Fixed Assets 209,602.62 223,201.27 208,615.15 255,977.54 273,367.01
Non-Current Investments 4,720.46 4,746.99 30,383.61 62,002.60 62,335.20
Deferred Tax Assets [Net] 688.6 585.41 1,657.16 1,545.81 1,698.99
Long Term Loans And Advances 10,220.85 10,719.20 2,118.77 2,154.59 1,823.96
Other Non-Current Assets 18,168.87 21,367.23 26,017.46 30,304.14 33,770.36
Total Non-Current Assets 261,755.88 280,759.98 284,122.21 366,175.05 387,198.05
CURRENT ASSETS
Current Investments 25.44 2.15 3,003.24 8,743.07 4,999.38
Inventories 14,801.46 10,606.22 9,918.07 29,881.73 30,563.04
Trade Receivables 16,028.36 18,797.01 8,331.71 12,547.12 13,899.17
Cash And Cash Equivalents 24,480.13 16,096.92 24,689.04 13,212.64 5,078.37
Short Term Loans And Advances 6,819.94 10,033.04 340.56 992.71 991.14
OtherCurrentAssets 999.6 1,387.36 12,180.80 13,845.16 17,505.75
Total Current Assets 63,154.92 56,922.69 58,463.42 79,222.43 73,036.85
Total Assets 324,910.80 337,682.68 342,585.63 445,397.48 460,234.91
OTHER ADDITIONAL INFORMATION

CONTINGENT LIABILITIES, COMMITMENTS

Contingent Liabilities 80,190.13 65,487.05 72,742.35 40,773.63 55,810.31


BONUS DETAILS
Bonus Equity Share Capital 3,928.27 3,928.27 3,928.27 6,067.14 6,067.14
NON-CURRENT INVESTMENTS
Non-Current Investments Quoted Market Value 11,718.90 14,699.75 17,692.26 33,331.77 58,958.50
Non-Current Investments Unquoted Book Value 432.56 459.09 12,645.35 29,397.30 31,042.43
CURRENT INVESTMENTS
Current Investments Quoted Market Value 0 0 0 3,169.14 3,253.83
Current Investments Unquoted Book Value 25.44 2.15 3,003.24 4,436.21 4,719.32
Ratios (Investing)

Name CompanyIndustry
Valuation Ratios

P/E Ratio TTM - 55.03


Price to Sales TTM - 1.3
Price to Cash Flow MRQ 43.01 31.65
Price to Free Cash Flow TTM - -
Price to Book MRQ - 2.7
Price to Tangible Book MRQ - 3.06
Gross margin TTM - 29.60%
Gross Margin 5YA 38.78% 32.93%
Operating margin TTM - 3.46%
Operating margin 5YA 12.55% 11.10%
Pretax margin TTM - 5.83%
Pretax margin 5YA 14.47% 12.96%
Net Profit margin TTM - 2.85%
Net Profit margin 5YA 9.72% 9.33%
Per Share Data
Revenue/Share TTM - 911.07
Basic EPS 17.23 55.54
Diluted EPS 17.23 55.54
Book Value/Share MRQ - 592.69
Tangible Book Value/Share MRQ - 579.36
Cash/Share MRQ - 130.67
Cash Flow/Share TTM - 93.3
Return on Equity TTM - 8.83%
Return on Equity 5YA 11.19% 12.52%
Return on Assets TTM - 3.25%
Return on Assets 5YA 6.27% 6.46%
Return on Investment TTM - 4.98%
Return on Investment 5YA 8.09% 9.37%
Growth
EPS(MRQ) vs Qtr. 1 Yr. Ago - -75.33%
EPS(TTM) vs TTM 1 Yr. Ago - 19.41%
5 Year EPS Growth -1.81% 9.13%
Sales (MRQ) vs Qtr. 1 Yr. Ago - -10.10%
Sales (TTM) vs TTM 1 Yr. Ago - -20.34%
5 Year Sales Growth 17.40% 3.31%
5 Year Capital Spending Growth 1.20% -8.72%
Financial Strength
Quick Ratio MRQ - 0.88
Current Ratio MRQ - 1.12
LT Debt to Equity MRQ - 112.51%
Total Debt to Equity MRQ - 148.27%
Efficiency
Asset Turnover TTM - 0.75
Inventory Turnover TTM - 6.48
Revenue/Employee TTM - 362.94M
Net Income/Employee TTM - 3.23M
Receivable Turnover TTM - 44.72
Dividend
Dividend Yield 4.55% 1.98%
Dividend Yield 5 Year Avg. 3.36% 2.07%
Dividend Growth Rate 1.38% 2.97%
Payout Ratio - 2.24