Reliance Industries vs Oil & Natural Gas Corporation: share price & financials comparison
NSE: RELIANCE vs ONGC · Oil Gas & Consumable Fuels · as of 06 Nov 2026
Both prices rebased to 100 at the start of the selected period.
Reliance Industries vs Oil & Natural Gas Corporation at a glance
Reliance Industries (RELIANCE) has a market capitalisation of ₹17,86,356 Cr, against ₹2,91,561 Cr for Oil & Natural Gas Corporation (ONGC). Over the past year Oil & Natural Gas Corporation has returned -9.3%, compared with -12.2% for Reliance Industries. On valuation, Oil & Natural Gas Corporation trades at a lower P/E of 5.9 versus 21.8. Oil & Natural Gas Corporation earns a higher return on equity (12.4% vs 8.7%). Reliance Industries comes out ahead on size, profitability, growth and technicals. Oil & Natural Gas Corporation comes out ahead on valuation and financial health. Across the scored metrics below, Reliance Industries leads on 9 and Oil & Natural Gas Corporation on 9. On StoxGud's 10-point checklist, Reliance Industries scores 3/10 and Oil & Natural Gas Corporation scores 5/10.
| Metric | Reliance Industries | Oil & Natural Gas Corporation |
|---|---|---|
| Size | ||
| Market cap | ₹17,86,356 Cr | ₹2,91,561 Cr |
| Revenue (latest FY) | ₹10,75,675 Cr | ₹6,62,247 Cr |
| Net profit (latest FY) | ₹80,775 Cr | ₹41,424 Cr |
| Valuation | ||
| P/E | 21.8 | 5.9 |
| P/B | 1.89 | 0.73 |
| Dividend yield | 0.44% | 5.82% |
| Profitability | ||
| Return on equity | 8.7% | 12.4% |
| Net profit margin | 6.8% | 6.6% |
| Operating margin | 16.0% | 13.9% |
| Growth | ||
| Revenue growth (YoY) | +28.6% | +25.6% |
| Net profit growth (YoY) | +40.6% | +55.3% |
| Revenue CAGR (multi-year) | +9.9% | +7.7% |
| Financial health | ||
| Debt to equity | 0.41 | 0.38 |
| Momentum | ||
| 1-month return | +9.3% | +4.5% |
| 1-year return | -12.2% | -9.3% |
| 3-year CAGR | +4.1% | +6.2% |
| 5-year CAGR | +2.7% | +8.4% |
| 10-year CAGR | +19.0% | +2.7% |
| Distance from 52W high | -17.1% | -23.1% |
| Technicals | ||
| RSI (14) | 70 | 63 |
| Price vs 200-day avg | -0.4% | -9.2% |
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 | Reliance Industries | Oil & Natural Gas 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 | 3/10 | 5/10 |
A rules-based screen for education only — not a buy or sell recommendation.
FAQs
Which is bigger, Reliance Industries or Oil & Natural Gas Corporation?
Reliance Industries has a market cap of ₹17,86,356 Cr and Oil & Natural Gas Corporation has a market cap of ₹2,91,561 Cr as of 06 Nov 2026.
Which has a lower P/E, Reliance Industries or Oil & Natural Gas Corporation?
Oil & Natural Gas Corporation has the lower P/E: Reliance Industries trades at 21.8 and Oil & Natural Gas Corporation at 5.9.
Which gave better returns in the last year, Reliance Industries or Oil & Natural Gas Corporation?
Oil & Natural Gas Corporation did better: Reliance Industries returned -12.2% and Oil & Natural Gas Corporation returned -9.3% over one year.
Is Reliance Industries or Oil & Natural Gas Corporation a better buy?
StoxGud does not give buy or sell recommendations. On our rules-based checklist Reliance Industries scores 3/10 and Oil & Natural Gas Corporation scores 5/10; compare valuation, profitability, growth and momentum above and consult a SEBI-registered adviser.