SUMMARY OUTPUT Entreprise Value

Regression Statistics
Multiple R 0.692426566
R Square 0.4794545494
Adjusted R Square 0.3926969743
Standard Error 30933.116846
Observations 15

ANOVA
df SS MS F Significance F
Regression 2 1.06E+10 5.29E+09 5.526371 0.019895
Residual 12 1.15E+10 9.57E+08
Total 14 2.21E+10

CoefficientsStandard Error t Stat P-value Lower 95%Upper 95%

Intercept 184876.92004 62471.33 2.959388 0.011934 48763.58 320990.3
Dividend / Share(Rs.) -2064.44187 621.0985 -3.323856 0.006067 -3417.699 -711.1844
Dividend Payout Ratio (NP) (%) 1677.681529 1599.58 1.048826 0.314923 -1807.504 5162.867
Lower 95.0%
Upper 95.0%
48763.58 320990.3
-3417.699 -711.1844
-1807.504 5162.867
SUMMARY OUTPUT MPS

Regression Statistics
Multiple R 0.688845
R Square 0.474507
Adjusted R Square 0.386925
Standard Error 24.92111
Observations 15

ANOVA
df SS MS F Significance F
Regression 2 6729.649 3364.825 5.417857 0.021057
Residual 12 7452.743 621.0619
Total 14 14182.39

Coefficients
Standard Error t Stat
Intercept 149.2492 50.32972 2.96543
Dividend / Share(Rs.) -1.64561 0.500385 -3.288687
Dividend Payout Ratio (NP) (%) 1.247101 1.288694 0.967725
P-value Lower 95%Upper 95%Lower 95.0%
0.011801 39.5902 258.9083 39.5902
0.006475 -2.735855 -0.555364 -2.735855
0.352282 -1.560722 4.054924 -1.560722
Upper 95.0%
258.9083
-0.555364
4.054924
SUMMARY OUTPUT Cash EPS

Regression Statistics
Multiple R 0.984353
R Square 0.96895
Adjusted R Square 0.963775
Standard Error 6.538227
Observations 15

ANOVA
df SS MS F Significance F
Regression 2 16008.36 8004.178 187.2392 8.96058E-10
Residual 12 512.9809 42.74841
Total 14 16521.34

Coefficients
Standard Error t Stat P-value Lower 95% Upper 95%
Intercept 34.06542 13.20435 2.579863 0.024104 5.29561101199 62.83523
Dividend / Share(Rs.) 2.443601 0.131279 18.61373 3.221E-10 2.15756751015 2.729634
Dividend Payout Ratio (NP) (%) -0.422564 0.338098 -1.249828 0.235189 -1.1592157192 0.314088
Lower 95.0%
Upper 95.0%
5.295611 62.83523
2.157568 2.729634
-1.159216 0.314088
SUMMARY OUTPUT Return on Capital Employed

Regression Statistics
Multiple R 0.116187
R Square 0.013499
Adjusted R Square -0.062385
Standard Error 3.667524
Observations 15

ANOVA
df SS MS F Significance F
Regression 1 2.392811 2.392811 0.177895 0.68008
Residual 13 174.8595 13.45073
Total 14 177.2523

Coefficients
Standard Error t Stat P-value Lower 95%Upper 95%Lower 95.0%
Intercept 19.0764 10.65697 1.79004 0.096754 -3.946584 42.09939 -3.946584
Earnings Retention Ratio (%) -0.075367 0.178691 -0.421775 0.68008 -0.461405 0.31067 -0.461405
Upper 95.0%
42.09939
0.31067
KEY FINANCIAL RATIOS OF OIL AND NATURAL GAS CORPORATION (in Rs. Cr.)
Mar-19
Dividend / Share(Rs.) 7
Dividend as percent of EPS (DPS/EPS) 21%
Dividend Payout Ratio (NP) (%) 35.91
Earnings Retention Ratio (%) 64.09
Enterprise Value (Cr.) 221,808.33
MPS 159.55
Cash EPS (Rs.) 33.78
Return on Capital Employed (%) 16.61

KEY FINANCIAL RATIOS OF OIL AND NATURAL GAS CORPORATION (in Rs. Cr.)
Mar/19
Mar/18
Mar/17
Mar/16
Mar/15
Mar/14
Mar/13
Mar/12
Mar/11
Mar/10
Mar/09
Mar/08
Mar/07
Mar/06
Mar/05

Dividend /
Share(Rs.)
Dividend / Share(Rs.) 1
Dividend Payout Ratio (NP) (%) 0.33503078444
Earnings Retention Ratio (%) -0.33503078444
Enterprise Value (Cr.) -0.65706644043
MPS -0.65840520454
Cash EPS (Rs.) 0.98229761129
Return on Capital Employed (%) 0.67781863044
 Mar-18 Mar-17 Mar-16 Mar-15 Mar-14 Mar-13 Mar-12 Mar-11
6.6 7.55 8.5 9.5 9.5 9.5 9.75 8.75
25% 32% 27% 20% 20% 21% 20% 21%
38.92 53.17 30.47 45.83 36.78 38.84 33.2 39.55
61.08 46.83 69.53 54.17 63.22 61.16 66.8 60.45
252,754.94 227,968.77 173,773.15 261,116.29 261,865.55 253,328.64 213,064.48 233,714.55
178.65 185.05 143.17 204.54 212.48 203.08 178.21 193.41
26.82 23.45 31.84 46.42 47.75 45.98 49.04 40.73
12.56 11.59 7.91 9.38 12.26 13.02 17.2 14.68

140
Dividend Return on
Payout Earnings Capital
Dividend / Ratio (NP) Retention Enterprise Cash EPS Employed 120
Share(Rs.) (%) Ratio (%) Value (Cr.) MPS (Rs.) (%)
7 35.91 64.09 221808.33 159.55 33.78 16.61
100
6.6 38.92 61.08 252754.94 178.65 26.82 12.56
7.55 53.17 46.83 227968.77 185.05 23.45 11.59
8.5 30.47 69.53 173773.15 143.17 31.84 7.91 80
9.5 45.83 54.17 261116.29 204.54 46.42 9.38
9.5 36.78 63.22 261865.55 212.48 47.75 12.26 60
9.5 38.84 61.16 253328.64 203.08 45.98 13.02
9.75 33.2 66.8 213064.48 178.21 49.04 17.2 40
8.75 39.55 60.45 233714.55 193.41 40.73 14.68
33 42.09 57.91 233131.34 183.1 102.9 14.1
20
32 42.44 57.56 163708.51 129.96 95.76 14.84
32 40.98 59.02 199964.73 163.57 96.39 17.64
0
31 42.38 57.62 183654.63 145.58 88.53 17.82
Jan-05 Jan-06 Jan-
45 44.46 55.54 190635.32 144.05 128.22 18.82
40 43.93 56.07 126323.15 97.11 103.84 20.56

Dividend Return on
Payout Earnings Capital
Ratio (NP) Retention Enterprise Cash EPS Employed
(%) Ratio (%) Value (Cr.) MPS (Rs.) (%)

1
-1 1
-0.014317 0.01431698 1
-0.0297805 0.02978051 0.96263297 1
0.26919896 -0.269199 -0.5633018 -0.5521227 1
0.1161872 -0.1161872 -0.5261707 -0.5496629 0.668449683 1
 Mar-10 Mar-09 Mar-08 Mar-07 Mar-06 Mar-05
33 32 32 31 45 40
32% 33% 33% 35% 35% 39%
42.09 42.44 40.98 42.38 44.46 43.93
57.91 57.56 59.02 57.62 55.54 56.07
233,131.34 163,708.51 199,964.73 183,654.63 190,635.32 126,323.15
183.1 129.96 163.57 145.58 144.05 97.11
102.9 95.76 96.39 88.53 128.22 103.84
14.1 14.84 17.64 17.82 18.82 20.56

140

120

100

80
Dividend / Share(Rs.
60 Cash EPS (Rs.)

40

20

0
Jan-05 Jan-06 Jan-07 Jan-08 Jan-09 Jan-10 Jan-11 Jan-12 Jan-13 Jan-14 Jan-15 Jan-16 Jan-17 Jan-18 Jan-19
 Dividend / Share(Rs.)
Cash EPS (Rs.)