Oil & Natural Gas Corporation Balance Sheet
- Market cap
- ₹2.79 lakh crore
- P/E
- 6.4
- P/B
- 0.75
- ROE
- 11.6%
- Dividend yield
- 0.45%
As of Mar 2022, Oil & Natural Gas Corporation had total assets of ₹13,700 crore and borrowings of ₹1,200 crore, against shareholders' equity of ₹9,000 crore — a debt-to-equity ratio of 0.13. Borrowings fell 99.32% from Mar 2023.
Oil & Natural Gas Corporation balance sheet
As at each financial year end, newest first. H1 = half-year.
| Item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Equity capital | 500 | 6,290 | 6,290 | 6,290 | 6,290 |
| Reserves | 8,500 | 29,341 | 38,069 | 29,880 | 42,004 |
| Borrowings | 1,200 | 1,76,744 | 1,91,195 | 2,18,881 | 1,74,299 |
| Other liabilities | 3,500 | 1,66,436 | 1,91,178 | 1,65,607 | 2,07,913 |
| Total liabilities | 13,700 | 6,42,774 | 7,41,998 | 7,58,723 | 7,91,905 |
| Fixed assets | 6,500 | 3,75,904 | 4,22,642 | 4,39,944 | 4,48,501 |
| Capital work in progress | 400 | 100 | 100 | 100 | 100 |
| Investments | 2,500 | 20,033 | 41,445 | 1,51,745 | 1,58,381 |
| Other assets | 4,300 | 1,92,832 | 2,22,599 | 2,27,617 | 2,37,572 |
| Total assets | 13,700 | 6,42,774 | 7,41,998 | 7,58,723 | 7,91,905 |
Balance sheet ratios
- Debt to equity
- 0.13
Source: Company filings (consolidated), in ₹ crore. Data as of 7 October 2026. How this data is compiled.
Oil & Natural Gas Corporation balance sheet — frequently asked questions
What is the total debt of Oil & Natural Gas Corporation?
Oil & Natural Gas Corporation reported borrowings of ₹1,200 crore as of Mar 2022, compared with ₹1.77 lakh crore as of Mar 2023.
What is Oil & Natural Gas Corporation's debt-to-equity ratio?
Based on the Mar 2022 balance sheet, Oil & Natural Gas Corporation's debt-to-equity ratio is 0.13 — borrowings of ₹1,200 crore against equity capital and reserves of ₹9,000 crore.
What are Oil & Natural Gas Corporation's total assets?
Oil & Natural Gas Corporation's total assets were ₹13,700 crore as of Mar 2022, including fixed assets of ₹6,500 crore and investments of ₹2,500 crore.
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Figures are for information only and are not investment advice or a recommendation to buy, sell or hold any security. Investments in securities are subject to market risks; read all related documents carefully before investing.