Oil & Natural Gas Corp. Ltd. · NSE:ONGC
Oil & Natural Gas — Investor Presentation (August 2026)
35 slides from Oil & Natural Gas's investor presentation, Aug 31, 2026
Slide 1: Corporate Presentation: Big Find, Big Picture
BIG FIND, BIG PICTURE Corporate Presentation 31st August 2026
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: ₹ 13,91,712 Crore to Govt. (till 31st March 2026) Disinvestment ~ ₹ 48,000 Crore Dividend Payment ₹ 1,42,593 Crore: Govt. of India Contribution to Exchequer ₹ 6,65,738 Cr
Slide 4: Highlights
Consolidate net Profit up by 30% in FY’26 || Highest ever total Dividend Declared (265%) Monetization of Gas production begins in record time from Mega Offshore Gas Project - Daman Upside Development (DUDP) in Western Offshore Highlights Gas revenue share increased to 27%, up from 25% || New-well ga
Slide 5: 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) 41.79 41.08 39.45 39.25 38.86 40.47 2.52 2.60 2.56 20.65 20.19 19.97 19.98 19.65 19.53 19.47
Slide 6: Capex Utilization
Standalone Consolidated Growth Pursuit Responsible Corporate Subsidiaries & JV Capex Utilization Last 5-year Capex (₹ Crore) Planned Capex FY’27 (₹ 30,000 Crore) FY'26 705 , 3% 879 , 3% 600 , 2% 16,191 9,496 7,069 35,878 1,791 , 6% FY'25 15,178 10,659 7,959 22,973 62,057 6,095 , 20% FY'24 15,001 11,
Slide 7: Standalone Financial Performance
Standalone Consolidated Growth Pursuit Responsible Corporate Subsidiaries & JV Standalone Financial Performance Gross Revenue (₹ Crore) PAT (₹ Crore) 1,38,402 1,37,846 1,32,508 40,526 35,610 32,894 FY'24 FY'25 FY'26 FY'24 FY'25 FY'26 EPS (₹) Dividend Per Share (₹) 32.21 13.25 28.31 12.25 12.25 26.15
Slide 8: ONGC Group | Strong performance in FY'26
Standalone Consolidated Growth Pursuit Responsible Corporate Subsidiaries & JV ONGC Group | Strong performance in FY’26 1,228 MMToE Oil & 50.1 MMToE 2P Reserves Oil & gas production including ONGC : 698 MMToE Gas Production PSC-JVs and from overseas assets JV Share : 11 MMToE (ONGC- 38.86, JV – 1.61
Slide 9: Consolidated financial performance
Standalone Consolidated Growth Pursuit Responsible Corporate Subsidiaries & JV Consolidated financial performance Parameter FY’25 (₹ Cr) FY’26 (₹ Cr) Total Income (Revenue + Other Income) 6,75,658 6,74,604 EBITDA 1,01,254 1,15,476 PAT 38,329 49,793 Total Debt 1,53,556 1,42,055 Total Equity (includes
Slide 10: 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 0.5 0.43 0.44* 0.41 0.4 0.35 0.3 0.2 0.1 0 2022-23 2023-24 2024-25 2025-26 *Restated on account of consolidation of OPAL as subsidiary 10
Slide 11: 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- 11
Slide 12: Scaling Future Growth Across Energy Value Chain
Standalone Consolidated Growth Pursuit Responsible Corporate Subsidiaries & JV Scaling Future Growth Across Energy Value Chain 02 01 Production Exploration expansion Optimization Unlocking India's next Maximizing recovery hydrocarbon frontier through technology & Growth innovation Pursuits 03 04 Int
Slide 13: Enhancing Production through technology and asset optimization
Standalone Consolidated Growth Pursuit Responsible Corporate Subsidiaries & JV Enhancing Production through technology and asset optimization Oil Production (MMT) Key Projects driving growth ❑ Incremental production from TSP - Western Offshore 20.34 18.87 19.15 ❑ Execution of ongoing schemes ❑ Liqui
Slide 14: ONGC has engaged BP as TSP for mature offshore fields
Standalone Consolidated Growth Pursuit Responsible Corporate Subsidiaries & JV ONGC has engaged BP as TSP to bring global expertise to its mature offshore fields, while retaining full ownership and operational control TSP – 1: Mumbai High Field TSP – 2: Western Offshore (ex. MH field) Live since Apr
Slide 15: Major Projects under implementation
Standalone Consolidated Growth Pursuit Responsible Corporate Subsidiaries & JV Major Projects under implementation Envisaged Projects Gain EDC (MMToE) 26 major projects (> ₹ 100 Crore) under Daman Upside 13.82 Dec’26 implementation Offshore Development of DSF II 12.29 Apr’27 ONGC-BP Redevelopment Ph
Slide 16: Scaling deepwater exploration to unlock India's next hydrocarbon frontier
Standalone Consolidated Growth Pursuit Responsible Corporate Subsidiaries & JV Scaling deepwater exploration to unlock India’s next hydrocarbon frontier OUR EXPLORATION STRATEGY DEEPWATER FOCUS Expanding presence in deep & ultra-deepwater for large resource potential 68% ACCELERATED EXPLORATION OF T
Slide 17: Samudra Manthan | India's boldest bet on energy sovereignty
Standalone Consolidated Growth Pursuit Responsible Corporate Subsidiaries & JV Samudra Manthan | India's boldest bet on energy sovereignty, with ONGC as the Nation's flag bearer Aug' Campaign launched by Hon'ble PM Target of 87 DW/UDW wells till FY’31 (5 yrs) 25 Largest deepwater campaign to be run
Slide 18: Advancing ONGC's Net Zero and Green Growth Agenda
Standalone Consolidated Growth Pursuit Responsible Corporate Subsidiaries & JV Advancing ONGC’s Net Zero and Green Growth Agenda Our transition roadmap Building foundations Scaling with impact Net Zero ONGC Early projects, Significant capacity Driving India's energy 2025 partnerships & capability 20
Slide 19: 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% annualized decline rate over
Slide 20: 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 > ₹ 650 crore every year education & skill development, women Total spend in last 5
Slide 21: 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 22: Global Footprint of ONGC Videsh
Standalone Consolidated Growth Pursuit Responsible Corporate Subsidiaries & JV Global Footprint of ONGC Videsh Discovered/ 29 projects in 14 countries Producing: 14 Exploration: 7 Pipeline: 3 Developing: 5 Russia BU Russia 3 AP BU Colombia BU Vietnam 1 1 Colombia 2 1 Myanmar 2 2 2 LAC BU MENA-CIS BU
Slide 23: ONGC Videsh Limited ~ a Navratna CPSE
Standalone Consolidated Growth Pursuit Responsible Corporate Subsidiaries & JV • Cumulative Production: ~224.32 MMTOE (till 31st March 2026) • Area-1 Mozambique: Force Majeure lifted in Nov’25, triggering full resumption of activities for first 2 LNG trains; first gas expected in 2028 Acquisitions/N
Slide 24: ONGC Videsh: Performance
Standalone Consolidated Growth Pursuit Responsible Corporate Subsidiaries & JV ONGC Videsh: Performance 1P Reserves (MMToE) Oil and Gas Production (MMToE) 254 250 265 10.52 10.28 09.67 3.34 3.01 2.76 144 149 163 7.18 7.27 6.91 101 101 102 FY’24 FY’25 FY’26 FY'24 FY'25 FY'26 Gas Oil Gas Oil Turnover
Slide 25: Hindustan Petroleum Corporation Ltd. (HPCL)
Standalone Consolidated Growth Pursuit Responsible Corporate Subsidiaries & JV Achieved highest ever refining thruput of 26.04 Million Metric Tonnes (MMT) Recorded Highest ever Market Sales of 51.45 MMT Achieved milestone of 25,000+ Retail Outlets Gross Refining Margin (GRM) at US$ 8.79 per barrel i
Slide 26: HPCL: Performance
Standalone Consolidated Growth Pursuit Responsible Corporate Subsidiaries & JV HPCL : Performance Throughput (MMT) GRM ($/BBL) 25.27 26.04 22.33 9.08 8.79 5.74 FY' 24 FY' 25 FY'26 FY' 24 FY' 25 FY'26 Revenue from Operations (₹ Cr.) PAT (₹ Cr.) 17,175 14,694 4,61,638 4,66,346 4,78,543 7,365 FY' 24 FY
Slide 27: MRPL (A Miniratna CPSE)
Standalone Consolidated Growth Pursuit Responsible Corporate Subsidiaries & JV Achieved refinery throughput of 17.0 MMT in FY’26 Highest ever xylol production of 34.3 TMT in FY’26 Devangonthi marketing terminal fully operational, enhancing inland market access Commissioned 85 new retail outlet durin
Slide 28: MRPL: Performance
Standalone Consolidated Growth Pursuit Responsible Corporate Subsidiaries & JV MRPL : Performance Net Throughput (MMT) GRM ($/BBL) 10.36 9.22 16.59 18.18 17.00 4.45 FY’24 FY’25 FY’26 FY’24 FY’25 FY’26 XXXX Revenue from Operations(₹ Crore) PAT (₹ Crore) 1,05,223 1,09,280 1,05,155 3,596 1,931 51 FY’25
Slide 29: OPaL
Standalone Consolidated Growth Pursuit Responsible Corporate Subsidiaries & JV OPaL plant operated at avg. capacity utilization of 84% during FY’26 compared to 93% during FY’25 OPaL has sold 1676 KT of its products during FY’26 against 1785 KT during FY’25. Revenue from operations stood at Rs. 14,21
Slide 30: ONGC Green Limited (OGL)
Standalone Consolidated Growth Pursuit Responsible Corporate Subsidiaries & JV Recorded ~4% improvement in efficiency in FY’26, translating into enhanced power generation of 556 MU. The PAT increased significantly in FY’26 to ₹55 crore (84% YoY increase). Ayana Renewables (subsidiary of ONGPL) commi
Slide 31: Petronet MHB Limited (PMHBL)
Standalone Consolidated Growth Pursuit Responsible Corporate Subsidiaries & JV Achieved throughput of 4.065 MMT, with capacity utilization of 72.59 % in FY’26 Earned revenue from operations of Rs. 199.45 crore and PAT of Rs. 116.17 crore in FY ‘26 Paid dividend Rs 52.95 crore to ONGC in FY’26 Petron
Slide 32: OTPC
Standalone Consolidated Growth Pursuit Responsible Corporate Subsidiaries & JV Power generation of 3880 MU in FY’26 Average Plant Load Factor (PLF) was 60.00 % in FY26 Revenue from operations of Rs. 1,503 crore and PAT of Rs. 137 crore in FY’26 726.6 MW (363.3x2) Combined Cycle Gas Turbine (CCGT) Th
Slide 33: Mangalore SEZ
Standalone Consolidated Growth Pursuit Responsible Corporate Subsidiaries & JV Revenue from Operation Rs. 256.16 Crore in FY’26 PAT for FY’26 is recorded at Rs. 68.1 Cr. Net worth at FY’26 amounting to Rs. 118.70 Crore as against Rs, 50.52 Crore in FY’25 Long Term Borrowing decreased to Rs. 96.59 Cr
Slide 34: Indradhanush Gas Grid Limited (IGGL)
Standalone Consolidated Growth Pursuit Responsible Corporate Subsidiaries & JV Actual Physical progress is 87.64 % compared to schedule 95.36 % in FY’26 Actual Financial progress is 74.23 % compared to scheduled progress 82.80 % in FY’26 VGF of Rs 229.85 Crore received by IGGL in FY 2026 and Cumulat
Slide 35: Thank you
Thank you 35
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