Oil & Natural Gas Corporation vs Indian Oil Corporation: share price & financials comparison
NSE: ONGC vs IOC · Oil Gas & Consumable Fuels · as of 06 Nov 2026
Both prices rebased to 100 at the start of the selected period.
Oil & Natural Gas Corporation vs Indian Oil Corporation at a glance
Oil & Natural Gas Corporation (ONGC) has a market capitalisation of ₹2,91,561 Cr, against ₹2,06,523 Cr for Indian Oil Corporation (IOC). Over the past year Oil & Natural Gas Corporation has returned -9.3%, compared with -10.3% for Indian Oil Corporation. On valuation, Indian Oil Corporation trades at a lower P/E of 4.4 versus 5.9. Indian Oil Corporation earns a higher return on equity (20.3% vs 12.4%). Oil & Natural Gas Corporation comes out ahead on profitability and financial health. Indian Oil Corporation comes out ahead on size, valuation, growth, momentum and technicals. Across the scored metrics below, Oil & Natural Gas Corporation leads on 5 and Indian Oil Corporation on 13. On StoxGud's 10-point checklist, Oil & Natural Gas Corporation scores 5/10 and Indian Oil Corporation scores 6/10.
| Metric | Oil & Natural Gas Corporation | Indian Oil Corporation |
|---|---|---|
| Size | ||
| Market cap | ₹2,91,561 Cr | ₹2,06,523 Cr |
| Revenue (latest FY) | ₹6,62,247 Cr | ₹9,01,453 Cr |
| Net profit (latest FY) | ₹41,424 Cr | ₹42,096 Cr |
| Valuation | ||
| P/E | 5.9 | 4.4 |
| P/B | 0.73 | 0.89 |
| Dividend yield | 5.82% | 6.63% |
| Profitability | ||
| Return on equity | 12.4% | 20.3% |
| Net profit margin | 6.6% | 4.6% |
| Operating margin | 13.9% | 8.3% |
| Growth | ||
| Revenue growth (YoY) | +25.6% | +29.8% |
| Net profit growth (YoY) | +55.3% | +173.8% |
| Revenue CAGR (multi-year) | +7.7% | +11.6% |
| Financial health | ||
| Debt to equity | 0.38 | 0.60 |
| Momentum | ||
| 1-month return | +4.5% | +12.5% |
| 1-year return | -9.3% | -10.3% |
| 3-year CAGR | +6.2% | +13.9% |
| 5-year CAGR | +8.4% | +9.3% |
| 10-year CAGR | +2.7% | +3.3% |
| Distance from 52W high | -23.1% | -22.0% |
| Technicals | ||
| RSI (14) | 63 | 82 |
| Price vs 200-day avg | -9.2% | +0.9% |
Highlighted cells lead on that metric. Market cap, revenue and RSI are shown for context and not scored.
10-point checklist side by side
| Check | Oil & Natural Gas Corporation | Indian Oil Corporation |
|---|---|---|
| Price above 50-day average | ✓ | ✓ |
| Price above 200-day average | ✗ | ✓ |
| 50-day average above 200-day (uptrend) | ✗ | ✗ |
| RSI in healthy 40–70 zone | ✓ | ✗ |
| Positive 1-year return | ✗ | ✗ |
| Return on equity above 15% | ✗ | ✓ |
| Debt to equity below 1 | ✓ | ✓ |
| Revenue growing year on year | ✓ | ✓ |
| Net profit margin above 10% | ✗ | ✗ |
| P/E below industry median | ✓ | ✓ |
| Score | 5/10 | 6/10 |
A rules-based screen for education only — not a buy or sell recommendation.
FAQs
Which is bigger, Oil & Natural Gas Corporation or Indian Oil Corporation?
Oil & Natural Gas Corporation has a market cap of ₹2,91,561 Cr and Indian Oil Corporation has a market cap of ₹2,06,523 Cr as of 06 Nov 2026.
Which has a lower P/E, Oil & Natural Gas Corporation or Indian Oil Corporation?
Indian Oil Corporation has the lower P/E: Oil & Natural Gas Corporation trades at 5.9 and Indian Oil Corporation at 4.4.
Which gave better returns in the last year, Oil & Natural Gas Corporation or Indian Oil Corporation?
Oil & Natural Gas Corporation did better: Oil & Natural Gas Corporation returned -9.3% and Indian Oil Corporation returned -10.3% over one year.
Is Oil & Natural Gas Corporation or Indian Oil Corporation a better buy?
StoxGud does not give buy or sell recommendations. On our rules-based checklist Oil & Natural Gas Corporation scores 5/10 and Indian Oil Corporation scores 6/10; compare valuation, profitability, growth and momentum above and consult a SEBI-registered adviser.