Oil & Natural Gas Corp. Ltd. · NSE:ONGC
Oil & Natural Gas — Investor Presentation (August 2025)
36 slides from Oil & Natural Gas's investor presentation, Aug 29, 2025
Slide 1: Corporate Presentation: Big Find, Big Picture
BIG FIND, BIG PICTURE Corporate Presentation 29th Aug 2025
Slide 2: Disclaimer
Disclaimer • This presentation does not provide individually tailored advice but is an effort to express views that may be considered debatable, and may not conform to different views on the topic and does not contain any information of strategic nature emerging from the ONGC group of Companies. • T
Slide 3: ONGC: Wealth Creation
ONGC: Wealth Creation GOI promoted ONGC with equity of ₹ 342.85 crore contributed over 22 years (1959 to 1981) ONGC contribution: ₹ 13,35,847 Crore to Govt. (till 31st March 2025) Disinvestment ~ ₹ 48,000 Crore Dividend Payment ₹ 1,32,776 Crore: Govt. of India Contribution to Exchequer ₹ 6,18,535 Cr
Slide 4: Highlights
Standalone Crude Oil Production Trend reversal; increased by ~1% in FY’25, decline rate of gas production slowed down 9 Discoveries made during FY’25 (7 Prospects & 2 Pool discovery) (4 in OALP block) Highlights Highest 578 wells drilled in FY’25 International collaboration with M/s BP Exploration (
Slide 5: Exploration Performance
Standalone Consolidated Growth Pursuit Responsible Corporate Subsidiaries & JV Exploration Performance 1P reserves (MMToE) Accrete 38.19 MMToE of oil & gas 1P reserve in FY’25 531 515 515 Increased focus on PEL Drilling (33 in FY’25 vs 22 in FY’24) 257.80 250.95 251.21 Successfully drilled explorato
Slide 6: Production Performance
Standalone Consolidated Growth Pursuit Responsible Corporate Subsidiaries & JV Production Performance Standalone Oil & Gas Production (MMToE) Standalone +JV Oil & Gas Production (MMToE) VAP Production (MMT) The rise in crude oil production is attributed From non-operated JVs, Crude production Increa
Slide 7: Drilling Performance
Standalone Consolidated Growth Pursuit Responsible Corporate Subsidiaries & JV Drilling Performance Exploratory well Development well Sidetrack well Total well 6% 578 4% 544 387 403 6% 103 109 22% 66 54 FY’24 FY’25 FY’24 FY’25 FY’24 FY’25 7
Slide 8: Capex Utilization
Standalone Consolidated Growth Pursuit Responsible Corporate Subsidiaries & JV Capex Utilization 5-year Capex (₹ Crore) Planned Capex FY’26 (₹ 34,900 Crore) FY'25 15,178 10,659 7,959 22,973 62,057 726 , 2% 617 , 2% 790 , 2% 753 , 2% 2,201 , 6% FY'24 15,001 11,154 6,254 37,494 7,249 , 21% 11,770 , 34
Slide 9: Standalone Financial Performance
Standalone Consolidated Growth Pursuit Responsible Corporate Subsidiaries & JV Standalone Financial Performance Gross Revenue (₹ Crore) PAT (₹ Crore) 1,55,517 1,38,402 1,37,846 40,097 40,526 35,610 FY'23 FY'24 FY'25 FY'23 FY'24 FY'25 EPS (₹) Dividend Per Share (₹) 31.87 32.21 12.25 12.25 28.31 11.25
Slide 10: ONGC Group | Strong performance in FY'25
Standalone Consolidated Growth Pursuit Responsible Corporate Subsidiaries & JV ONGC Group | Strong performance in FY’25 775 MMToE Oil & 51.3 MMToE 1P Reserves Oil & gas production including ONGC : 515 MMToE Gas Production PSC-JVs and from overseas assets JV Share : 11 MMToE (ONGC- 39.25, JV – 1.83,
Slide 11: Consolidated financial performance
Standalone Consolidated Growth Pursuit Responsible Corporate Subsidiaries & JV Consolidated financial performance Parameter FY’24* (₹ Cr) FY’25 (₹ Cr) Total Income (Revenue + Other Income) 6,65,201 6,75,656 EBITDA 1,18,731 1,02,290 PAT 55,273 38,329 Total Debt 1,57,686 1,53,556 Total Equity (include
Slide 12: Robust capital structure
Standalone Consolidated Growth Pursuit Responsible Corporate Subsidiaries & JV Robust capital structure Consolidated Total Debt to Equity Ratio 0.8 0.7 0.6 0.49 0.5 0.43 0.44* 0.41 0.4 0.38 0.3 0.2 0.1 0 2020-21 2021-22 2022-23 2023-24 2024-25 12 *Restated on account of consolidation of OPAL as subs
Slide 13: Strong credit ratings
Standalone Consolidated Growth Pursuit Responsible Corporate Subsidiaries & JV Strong credit ratings DOMESTIC Long Term AAA AAA AAA Short Term A1+ A1+ A1+ INTERNATIONAL Baa3 BBB BBB- 13
Slide 14: Major Government Initiatives for E&P sector
Standalone Consolidated Growth Pursuit Responsible Corporate Subsidiaries & JV Major Government Initiatives for E&P sector Oilfields (Regulation & Development) National Deep-Water Exploration Amendment Act, 2025 Mission (“Samudra Manthan”) • In force 15 Apr 2025 (Presidential assent • Launched by PM
Slide 15: Looking forward
Standalone Consolidated Growth Pursuit Responsible Corporate Subsidiaries & JV Looking forward 1 2 3 4 5 Truly Integrated Improved Financials Enhanced Production Green Energy Energy Company Exploration Deepen Owing to crude Focus on Cat-II Reverse the trend Target to have 10 presence across linked s
Slide 16: Exploration Growth | Navigating new frontiers
Standalone Consolidated Growth Pursuit Responsible Corporate Subsidiaries & JV Exploration Growth | Navigating new frontiers for future Hydrocarbon 4 lakh SqKM FY’ 27 3 lakh SqKM FY’ 26 1.8 lakh SqKM FY’ 25 ONGC has bagged 0.83 lakh SqKM acreage area in OALP IX 16
Slide 17: Production Growth | Maximizing output, fueling the future
Standalone Consolidated Growth Pursuit Responsible Corporate Subsidiaries & JV Production Growth | Maximizing output, fueling the future 45.61 FY’ 27 44.51 FY’ 26 41.08 FY’ 25 21 Major Projects (9 Development & 12 infrastructure) in pipeline 17 Unit : MMToE, Projections for Standalone +JV (O+OEG)
Slide 18: Projects under implementation
Standalone Consolidated Growth Pursuit Responsible Corporate Subsidiaries & JV Projects under implementation Envisaged Projects Gain EDC 21 major projects (MMToE) (> ₹ 100 Crore) under Offshore implementation KG-DWN-98/2, Cluster –II 38.53 June’26 Daman Upside 13.89 Feb’26 Development of DSF II 12.2
Slide 19: Green Energy Road map | Strategic steps to Net-Zero by 2038
Standalone Consolidated Growth Pursuit Responsible Corporate Subsidiaries & JV Green Energy Road map | Strategic steps to Net-Zero by 2038 10 GW FY’ 30 2.5 GW FY’ 25 193 MW FY’ 24 Through inorganic & organic growth, with investment of ₹ 1,00,000 Crore 19
Slide 20: Environment
Standalone Consolidated Growth Pursuit Responsible Corporate Subsidiaries & JV ESG practices | Committed towards conserving climate Regular Greenhouse Gas (GHG) inventory accounting and disclosures on Scope-1 and Scope-2 emissions Reduced carbon emission intensity at 3% CADR over past decade Environ
Slide 21: Social
Standalone Consolidated Growth Pursuit Responsible Corporate Subsidiaries & JV Corporate social responsibility | Leader in CSR activities Social ONGC promotes healthcare, preventive healthcare, Avg. CSR Expenditure > ₹ 600 crore every year education & skill development, women Total spend in last 6 y
Slide 22: Governance
Standalone Consolidated Growth Pursuit Responsible Corporate Subsidiaries & JV ESG initiatives | Dedicated to social responsibility and ethical practices • One of the first companies to issue separate CSR Guidelines in 2009 Social: • CSR activities aligned with needs of Committed to community in res
Slide 23: Global footprint of ONGC Videsh
Standalone Consolidated Growth Pursuit Responsible Corporate Subsidiaries & JV Global footprint of ONGC Videsh Discovered/ 32 projects in 15 countries Producing: 14 Exploration: 11 Pipeline: 3 Developing: 4 Russia BU Russia 3 AP BU Colombia BU Vietnam 1 1 Colombia 1 3 Myanmar 2 2 2 Bangladesh 2 LAC
Slide 24: ONGC Videsh Limited ~ a Navratna CPSE ~
Standalone Consolidated Growth Pursuit Responsible Corporate Subsidiaries & JV • Cumulative Production ~ 215 MMTOE till 31st March 2025 • Reduced overall debt by USD 30 million through internal accruals • Master’s in risk Award – 10th India Risk Management Award by ICICI Lombard & CNBC TV-18 Acquisi
Slide 25: ONGC Videsh: Performance
Standalone Consolidated Growth Pursuit Responsible Corporate Subsidiaries & JV ONGC Videsh: Performance 1P Reserves (MMToE) Oil and Gas Production (MMToE) 264 254 250 10.17 10.52 10.28 146 3.82 3.34 3.01 144 149 6.35 7.18 7.27 118 101 101 FY’23 FY’24 FY’25 FY'23 FY'24 FY'25 Gas Oil Gas Oil # Include
Slide 26: Hindustan Petroleum Corporation Ltd. (HPCL)
Standalone Consolidated Growth Pursuit Responsible Corporate Subsidiaries & JV Achieved highest ever refining thruput of 25.27 Million Metric Tonnes (MMT) Recorded Highest ever Market Sales of 49.82 MMT Achieved milestone of 23,000+ Retail Outlets Highest ever Pipeline throughput of 26.9 MMT Hindust
Slide 27: HPCL : Performance
Standalone Consolidated Growth Pursuit Responsible Corporate Subsidiaries & JV HPCL : Performance Throughput (MMT) GRM ($/BBL) 25.27 22.33 12.09 19.09 9.08 5.74 FY' 23 FY' 24 FY' 25 FY' 23 FY' 24 FY' 25 Revenue from Operations (₹ Cr.) PAT (₹ Cr.) 14,694 4,66,192 4,61,638 4,66,346 7,365 FY’ 23 FY' 24
Slide 28: MRPL (A Miniratna CPSE)
Standalone Consolidated Growth Pursuit Responsible Corporate Subsidiaries & JV Highest ever refinery throughput of 18.04 MMT in FY’25 Highest ever distillate yield of 81.93% in FY’25 Achieved revenue of Rs. 1,09,277 crore in FY’25 Registered GRM of US$ 4.45/bbl in FY’25 MRPL (A Miniratna CPSE) 28
Slide 29: MRPL : Performance
Standalone Consolidated Growth Pursuit Responsible Corporate Subsidiaries & JV MRPL : Performance Throughput (MMT) GRM ($/BBL) 9.88 10.36 17.14 16.59 18.04 4.45 FY’23 FY’24 FY’25 FY’23 FY’24 FY’25 XXXX Revenue from Operations(₹ Crore) PAT (₹ Crore) 1,24,736 1,05,223 1,09,277 3,596 2,638 51 FY’23 FY’
Slide 30: OPaL
Standalone Consolidated Growth Pursuit Responsible Corporate Subsidiaries & JV OPaL plant operated at avg. capacity utilization of 93% during FY’25 compared to 92% during FY’24 OPaL has sold 1785 KT of its products during FY’25 against 1769 KT during FY’24. Revenue from operations stood at Rs. 14,80
Slide 31: ONGC Green Limited (OGL)
Standalone Consolidated Growth Pursuit Responsible Corporate Subsidiaries & JV Completed acquisition of 288.8 MW wind assets of PTC Energy Limited on 04th March’ 2025, from PTC India Limited. Completed acquisition of Ayana Renewable Power Private Limited’s 4.1 GW Solar and Wind assets through ONGC N
Slide 32: Petronet MHB Limited (PMHBL)
Standalone Consolidated Growth Pursuit Responsible Corporate Subsidiaries & JV Achieved throughput of 3.971 MMT, with capacity utilization of 71 % in FY’25 Earned revenue from operations of Rs. 162 crore and PAT of Rs. 83 crore in FY ‘25 Petronet MHB Limited (PMHBL) Pipeline company, caters MRPL pro
Slide 33: OTPC
Standalone Consolidated Growth Pursuit Responsible Corporate Subsidiaries & JV Power generation of 3688 MU in FY’25 Average Plant Load Factor (PLF) was 60.07 % in FY25 Revenue from operations of Rs. 1,351 crore and PAT of Rs. 1.64 crore in FY’25 726.6 MW (363.3x2) Combined Cycle Gas Turbine (CCGT) T
Slide 34: Mangalore SEZ
Standalone Consolidated Growth Pursuit Responsible Corporate Subsidiaries & JV Revenue from Operation Rs. 203.61 Crore in FY’25 PAT for FY’25 is recorded at Rs. 42.34 Cr. Net worth at FY’25 amounting to Rs. 50.52 Crore as against Rs, 8.26. Crore in FY’24 Long Term Borrowing decreased to Rs. 236.22 C
Slide 35: Indradhanush Gas Grid Limited (IGGL)
Standalone Consolidated Growth Pursuit Responsible Corporate Subsidiaries & JV Actual Physical progress is 84.40 % compared to schedule 87.46% in FY’25 Actual Financial progress is 67.67% compared to scheduled progress 70.77% in FY’25 VGF of Rs 611.29 Crore (Cumulative Rs 4213.83 Crore) received by
Slide 36: Thank you
Thank you 36
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