Presentation overview
- Standalone performance
- Consolidated performance
3 | Growth pursuits |
4 Responsible Corporate
5 | Subsidiaries & JVs |
3 |
ONGC: Wealth Creation
GOI promoted ONGC with equity of ₹ 342.85 crore contributed over 22 years (1959 to 1981)
ONGC contribution: ₹ 12,67,511 Crore to Govt. (till 31st March 2024)
Disinvestment
Dividend Payment
Contribution to Exchequer
- 7,30,831 Crore
~ ₹ 48,000 Crore
- 1,23,701 Crore: Govt. of India
- 5,72,939 Crore: Central Exchequer
- 2,12,755 Crore: State Governments
Subsidy to OMCs
- 3,10,116 Crore
Contribution during 2023-24
Central Govt.: ₹ 48,651 Crore State Govt.: ₹ 13,805 Crore Total: ₹ 62,456 Crore
4 |
ONGCsetting new standards
~₹ 4,00,000 | ₹ 40,526 | ₹ 3,05,976 | 1st oil from | Leader in |
Crores | Crores: PAT | Crores | deep water | CSR |
Amongst Top CPSEs | No 1 CPSE in terms of | 25% of Total Net | Crude oil production | Average spend |
in terms of | PBT & PAT | worth of all | commenced from | ~₹ 540 Cr/year in last |
Market Cap | Maharatna CPSEs | KG-98/2 | 5 years |
5 |
ONGC: FY'24 Highlights
Exploration
- 11 new discoveries, 2 in Mahanadi basin- Utkal & Konark, monetized 7 discoveries
- Accelerated exploration: Bagged 84% of blocks in OALP Round VIII: 30,342 sq. km
Drilling | • Highest ever 544 wells drilled (103 Exploratory & 441 Development) | |
• NPT in drilling rigs reduced to 18.7% as compared to 22.7% in FY'23. | ||
- O+OEG production: 41.787 MMToE, VAP production: 2.519 MMT
Production | • Oil production commence from KG-DWN-98/2 | ||
• Increased focus on well services in western offshore - 107 jobs vs 85 jobs (in FY'23) | |||
Projects | • | 3 major projects completed: ₹ 3,899 Cr capex with envisaged gain of 9.41 MMToE | |
• | 2 infrastructure projects awarded worth ₹ 3,549 Cr | ||
Beyond E&P | • ONGC Green Limited (OGL), a wholly owned subsidiary of ONGC incorporated | |
• Exploring low carbon and Green Ammonia plant opportunities | ||
6 |
Physical Performance
Standalone Oil & Gas Production (MMToE) | Standalone + JV Oil & Gas Production (MMToE) | Drilling (No. of Wells) |
40.45 | 40.21 | 39.45 |
20.91 | 20.63 | 19.97 |
19.55 | 19.58 | 19.47 |
FY'22 | FY'23 | FY'24 |
Oil | Gas |
Value Added Products (MMT)
3.09 | 2.60 | |
2.52 | ||
FY'22 | FY'23 | FY'24 |
43.39 | 42.84 | 41.79 |
21.68 | 21.35 | 20.65 |
21.71 | 21.48 | 21.14 |
FY'22 | FY'23 | FY'24 |
Oil | Gas |
461 | 544 | |
434 | 103 | |
85 | ||
78 | ||
356 | 376 | 441 |
FY'22 | FY'23 | FY'24 |
Development | Exploratory |
2P reserves (MMToE)
710 | 716 | 704 |
383 | 385 | 383 |
327 | 331 | 321 |
FY'22 | FY'23 | FY'24 |
Oil | Gas |
7 |
FY'24 standalone financial performance
Gross Revenue (₹ Crore) | PAT (₹ Crore) |
155,517 | 138,402 | |
110,345 | ||
FY'22 | FY'23 | FY'24 |
EPS (₹) | ||
32.04 | 31.87 | 32.21 |
FY'22 | FY'23 | FY'24 |
40,306 | 40,097 * | 40,526 |
FY'22 | FY'23 | FY'24 |
Dividend Per Share (₹)
10.50 | 11.25 | 12.25 |
FY'22 | FY'23 | FY'24 |
*Restated | 8 |
Capex Utilization
(₹ Crore) | 37,494 | |||||||||
30,208 | ||||||||||
29,538 | ||||||||||
27,741 | ||||||||||
26,859 | ||||||||||
FY'20 | FY'21 | FY'22 | FY'23 | FY'24 |
Capex in last 5 years to the tune of ~ ₹ 1,51,000 Crore
9 |
Presentation overview
- Standalone performance
- Consolidated performance
3 | Growth pursuits |
4 Responsible Corporate
5 | Subsidiaries & JVs |
10 |
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