Company Name

Last Historical Year

Currency
Oil & Natural Gas Corporation Limited(ONGC)

31-Mar-20

(₹ in Crore)
Oil & Natural Gas Corporation Limited(ONGC)
(₹ in Crore)
2010-11 2011-12 2012-13 2013-14 2014-15 2015-16
FY 11 FY12 FY 13 FY 14 FY15 FY16
2016-17 2017-18 2018-19 2019-20 2020-21 2021-22
FY17 FY 18 FY19 FY20 FY21 FY22
2022-23
FY23
Oil & Natural Gas Corporation Limited(ONGC)
(REVENUE DRIVERS)
(₹ in Crore)

Revenue Segment

In India

E&P
Offshore
External Sales
Inter Segment Sales
% of total sale
yoy growth rate
Onshore
External Sales
Inter Segment Sales
% of total sale
yoy growth rate
Refining & Marketing
External Sales
Inter Segment Sales
% of total sale
yoy growth rate

Outside India

E&P
External Sales
Inter Segment Sales
% of total sale
yoy growth rate
Unallocated
External Sales
Inter Segment Sales
% of total sale
yoy growth rate
Elimination of Inter Segment Sales
Grand Total
yoy growth rate

Geographical Segments
India
% of total sale
yoy growth rate
Other Countries
% of total sale
yoy growth rate
Total
yoy growth rate
 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21
FY16 FY17 FY 18 FY19 FY20 FY21

537807.43 391547.94 412037.53 524313.04

22774.28 152266.49 169754.21 205841.62
39.64% 12.02% 11.37% 11.56%
-27.20% 5.23% 27.25%

212472.87 221130.82 245944.98 343262.78

3138.78 12402.95 20286.56 21274.5
15.66% 6.79% 6.79% 7.57%
4.07% 11.22% 39.57%

507691.53 2542501.59 2859695.02 3537697.53

3155.93 202014.77 221826.72 171147.08
37.42% 78.07% 78.94% 78.02%
400.80% 12.48% 23.71%

98670.31 100799.77 104175.74 128595.22

- - - 17740.96
7.27% 3.10% 2.88% 2.84%
2.16% 3.35% 23.44%

- 682.1 611.05 737.09

- 601.18 697.85 847.31
0.02% 0.02% 0.02%
-10.42% 20.63%
-29068.99 -367285.4 -412565.33 -416851.46
1356642.14 3256662.21 3622464.32 4534605.67
140.05% 11.23% 25.18%
1099110.14 2951720.71 3273729.83 4023737.99
81.53% 91.31% 90.37% 88.73%
168.56% 10.91% 22.91%
249052.05 281037.92 348734.44 510867.68
18.47% 8.69% 9.63% 11.27%
12.84% 24.09% 46.49%
1348162.19 3232758.63 3622464.27 4534605.67
139.79% 12.05% 25.18%
2021-22 2022-23
FY22 FY23
Oil & Natural Gas Corporation Limited(ONGC)
(INCOME STATEMENT)
(₹ in Crore)

Revenue from operations

Other income
Total income (I+II)
Expenses
Purchase of Stock-in-Trade
Changes in inventories of finished goods, stock-in-trade and work-in progress
Production, transportation, selling and distribution expenditure
Exploration costs written off
(a) Survey costs
(b) Exploration well costs
Finance costs
Depreciation, depletion, amortisation and impairment
Other impairment and write offs
Adjustments relating to Prior Period (Net)
Total expenses
Profit before exceptional items and tax
Exceptional items
Share of profit of Associates
Share of profit of Joint Ventures
Profit before tax
Tax expense
(a) Current tax
(b)MAT Credit Entitlement
(c) Earlier Years
(d) Deferred tax
Total tax expense
Profit for the year
Other comprehensive income
A (i) Items that will not be reclassified to profit or loss
(a) Remeasurement of the defined benefit plans
- Deferred tax
(b) Equity instruments through other comprehensive income
-Deferred tax
(c) Share of other comprehensive income in associates and joint ventures, to the extent not to be reclassified to profi
-Deferred tax
(d) Effective portion of gains (losses) on hedging instruments in cash flow hedges
B (i) Items that will be reclassified to profit or loss
(a) Exchange differences in translating the financial statement of foreign operation
 -Deferred tax
(b) Share of other comprehensive income in associates and joint ventures, to the extent that may be reclassified to p
Total other comprehensive income
Total Comprehensive Income for the year
Profit for the year attributable to:
-Owners of the Company
-Non-controlling interests
Total
Other comprehensive income for the year
-Owners of the Company
- Non-controlling interests
Total
Total comprehensive income for the year
-Owners of the Company
-Non-controlling interests
Total
Earnings per equity share:
(a) Basic (₹)
(b) Diluted (₹)
 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17
FY12 FY 13 FY 14 FY15 FY16 FY17

1472849.48 1624025.21 1744770.56 1608897.49 1356642.14 3256662.21

47933.77 54906.91 68899 59644.43 81447.99 93231.74
1520783.25 1678932.12 1813669.56 1668541.92 1438090.13 3349893.95

- 0.42 0.32 - - 1041982.65

-4641.19 -11205.01 -5285.36 17229.16 7560.23 -47846.87
876086.06 1067545.05 1159747.17 1045130.6 889271.21 1678941.51

14946.82 18077.72 17471.47 20834.87 17389.1 19019.31

90189.41 92378.82 67409.85 88679.32 43396.46 33176.24
4349.1 4837.97 6243.34 28623.76 37655.83 35911.08
131865.36 117633.04 166057.47 180329.65 163840.59 202192.01
11598.86 22243.59 10314.61 10875.98 7678.86 3352.64
-240.76 -1.14 -2423.37 3134.93
1124153.66 1311510.46 1419535.5 1394838.27 1166792.28 2966728.57
396629.59 367421.65 394134.06 273703.65 271297.85 383165.38
31405.47 - - - -79432.68 5910.13
367421.65 394134.06 273703.65 690.24 20452.92
- - - 7967.08 7646.98
428035.06 367421.65 394134.06 273703.65 200522.49 417175.41
-
140038.84 112139.08 90449.09 100649.26 65,428.53 88083.23
-9.45 19.34 -2872.04 -422.78
-5967.19 -4849.02 2449.89 -5895.19 -1719.07 -5986.42
9737.89 20209.62 37576.92 2642.81 5797.5 43387.41
-54.09 127519.02 127603.86 96974.1 69506.96 125484.22
284289.06 239902.63 266530.2 176729.55 131015.53 291691.19

-457.71 -4903.83
158.38 1697.27
6417.54 137914.82
0.02 -
xtent not to be reclassified to profit or loss 0.42 -5.93
-0.01 -0.46
- -

25073.52 3359.49
 -8726.85 -991.37
xtent that may be reclassified to profit or loss
22465.31 137069.99
153480.84 428761.18

128752.12 244192.5
-10.74 37.94 118.15 303.1 2263.4 47498.69
266648.35 177032.65 131015.52 291691.19

265065.33 183335.2 22467.16 136282.51

2842.16 -2255.87 1583.02 -6302.55 -1.85 787.48
281436.16 242196.44 266648.35 177032.65 22465.31 137069.99

151219.28 380475.01
2261.56 48286.17
281436.16 242196.44 265065.33 183335.2 153480.84 428761.18

32.9 28.31 30.98 21.43 10.03 19.03

32.9 28.31 30.98 21.43 10.03 19.03
 2017-18 2018-19 2019-20 2020-21 2021-22 2022-23
FY 18 FY19 FY20 FY21 FY22 FY23

3622464.32 4534605.67
74681.34 81487.64
3697145.66 4616093.31

1216893.99 1653422.35
-81.65 -30947.3
1746282.94 2057184.99

15968.02 19607.03
58652.4 72599.48
49990.43 58367.25
231119.05 240262.17
15858.02 16298.39

3334683.2 4086794.36
362462.46 529298.95
2481.22 -15910.1
27254.97 29542.7
-123.63 4739.85
392075.02 547671.4

104765.69 159120.56

-3984.69 -381.2
30614.16 50062.75
131395.16 208802.11
260679.86 338869.29

-426.01 -4372.15
175.96 1529.7
-17829.25 -17108.07
-13313.5 1265.25
2.42 -18.74
-0.51 -0.04
- 0.24

-687.26 14553.76
 350.23 -4815.26

-31727.92 -8965.31
228951.94 329903.98

221059.28 304949.61
39620.58 33919.68
260679.86 338869.29

-31913.61 -8531.02
185.69 -434.29
-31727.92 -8965.31

189145.67 296418.59
39806.27 33485.39
228951.94 329903.98

17.23 23.81
17.23 23.81
Oil & Natural Gas Corporation Limited(ONGC)
(BALANCE SHEET)
(₹ in Crore)

ASSETS
Non-current assets
(a) Property, plant and equipment
(i) Oil and gas assets
(ii) Other property, plant and equipment
(b) Capital work-in-progress
(i) Oil and gas assets
a) Development wells in progress
b) Oil and gas facilities in progress
(ii) Others
(c) Goodwill (including Goodwill on Consolidation)
(d) Investment Property
(e) Other intangible assets
(f) Intangible assets under development
(i) Exploratory wells in progress
(ii) Acquisition cost
(g) Financial assets
(i) Investments in:
(a) Joint Ventures and Associates
(b) Other Investments
(ii) Trade receivables
(iii) Loans
(iv) Deposit under site restoration fund
(v) Finance lease receivables
(vi) Others
(h) Deferred tax assets (net)
(i) Non-current tax assets (net)
(j) Other non-current assets
Total non-current assets
Current assets
(a) Inventories
(b) Financial assets
(i) Investments
(ii) Trade receivables
(iii) Cash and cash equivalents
(iv) Other bank balances
(v) Loans
(vi) Finance lease receivables
(vii) Others
(c) Current Tax Assets (net)
(d) Other current assets
Total
Assets classified as held for sale
Total current assets
Total assets
EQUITY AND LIABILITIES
Equity
(a) Equity share capital
(b) Other equity
Equity attributable to owners of the Company
Non-controlling interests
Total Equity
Liabilities
Non-current liabilities
(a) Financial liabilities
(i) Borrowings
(ii) Others
(b) Provisions
(c) Deferred Tax liabilities (net)
(d) Other non-current liabilities
Total non-current liabilities
Current Liabilities
(a) Financial liabilities
(i) Borrowings
(ii) Trade payables
to Micro and Small Enterprises
to Others
(iii) Others
(b) Other current liabilities
(c) Provisions
(d) Current Tax Liabilities (net)
Total current liabilities
Total liabilities
Total equity and liabilities

Check
2011-12 2012-13 2013-14 2014-15 2015-16 2016-17
FY12 FY 13 FY 14 FY15 FY16 FY17

608004.37 705395.44 657832.64 1187130.3 1198914.76 1296151.6

306079.86 406744.58 302291.89 289634.06 309497.6 667449.12
380428.64 397449.18 116450.34

116552.62 136400.94 139127.59 53484 43413.78 40286.78

75358.25 75889.89 114723.7
92818.22 99740.76 58722.37
77975.77 83254.88 162117.25 153300.56 141903.66
0.79
1041.25 500.61 892.74 1054.34 5749.11
1364.1
155098.53 207151.3 227254.71
152091.64 150489.11 149437.22

20411.78 20452.81 172043.06

274370.85 303836.12 304195.15
6891.76 11695.42 315830.86
23282.23 21187.74 13630.08
70455.43 89229.01 181783.61 125650.29 135985.52 21545.86
94752.87 106349.19 113101.59 - - 145942.72

7698.69 9660.7 9391.84

5412.05 6238.88 9867.76 16571.55 15458.12
74800.1 83614.73 98720.28
29421.3 29685.3 11319.96 21437.62 19218.2 35356.51
2712624.29 2841222.08 3661750.48

131680.1 127725.91 58825.41 104542.6 99180.68 298817.31

8795.36 829.02 - 30032.38 87430.68

117180.86 153956.09 81656.7 171436.95 83317.09 125471.21
278914.26 196190.51 107988.77 27677.09 18323.27 18150.17
122568.2 228567.17 113976.2
52209.53 59766.09 43669.6 3310.01 3405.58 9927.09
-
 76858.85 79004.43 110016.3
13.01 2.57 -
22249.77 13897.34 6292.52 52254.18 42699.33 28275.73
558660.89 584532.5 792064.69
101.7 101.7 159.61
558762.59 584634.2 792224.3
2321888.67 2534606.42 1992884.29 3271386.88 3425856.28 4453974.78

42777.6 42777.6 42777.6 42777.6 42777.6 64166.32

1321613.7 1482498.1 1324472.45 1845994.45 1935358.82 1879685.92
1888772.05 1978136.42 1943852.24
22240.07 19466.49 23780.27 26518.09 132919.64
1912552.32 2004654.51 2076771.88

52085.83 88427.47 395210.99 402291.8 527723.45

17163.11 1445.23 1538.05 2321.15
241739.57 252962.77 257270.72 221646.46 220487.28 231146.3
127258.48 148490.07 165786.78 255435.22 281028.29 367629.79
10758.24 11779.09 645.74 232.66 8089.3
434836.59 874383.64 905578.08 1136909.99

100538.21 115270.96 32760.92 43184.72 216274.39

176035.87 186147.8 63724.81 272466.9 297780.26 240137.87

119944.39 130660.35 661556.85

202916.89 170869.13 119257.45 38450.08 21243.71 63861.63
23924.21 10532.92 7815.39 9688.83 12308.92 49511.98
11139.8 10445.73 8950.19
484450.92 515623.69 1240292.91
1358834.56 1421201.77 2377202.9
2321888.67 2534606.42 1992884.29 3271386.88 3425856.28 4453974.78

1 1 1 1 1 1
 2017-18 2018-19 2019-20 2020-21 2021-22 2022-23
FY 18 FY19 FY20 FY21 FY22 FY23

1430877.68 1466001.65
681340.56 715008.53

26519.03 43837.48
118891.88 132308.54
68402.53 122814.97
142025.46 140883.53
78.74 78.73
6254.38 6768.44

242627.21 217905.35
158678.05 173698.05

322687.65 330513.33
300664.62 287760.68
16564.13 20572.16
20911.25 28498.92
160639.59 181884.3
-
11629.29 17510.4
16989.89 17310.58
108313.73 105213.16
43964 47693.44
3878059.67 4056262.24

305571.21 351806.57

49993.82 50837.67
138991.67 153960.97
25120.88 41058.73
25507.53 9975.45
12583 17020.94
- -
 142436.37 194779.07
283.88 1524.3
23724.43 78515.9
724212.79 899479.6
76.89 1278.66
724289.68 900758.26
4602349.35 4957020.5

64166.32 62901.54
1976023.04 2118506.08
2040189.36 2181407.62
156059.97 181062.1
2196249.33 2362469.72

550248.98 531440.58
7310.02 8352.68
252001.5 278498.63
415059.44 473667.98
11822.99 12275.15
1236442.93 1304235.02

462211.54 489623.02

2193.46 4366.33
262653.89 320408.66
322356.43 351489.99
66658.57 69182.09
44099.14 43192.33
9484.06 12053.34
1169657.09 1290315.76
2406100.03 2594550.78
4602349.35 4957020.5

1 1
Oil & Natural Gas Corporation Limited(ONGC)
(CASH FLOW STATEMENT)
(₹ in Crore)

CASH FLOW FROM OPERATING ACTIVITIES:

Profit for the year
Adjustments For:
Income Tax Expense
Share of profit of joint ventures and associates
Exceptional Items
Depreciation, Depletion, Amortisation & Impairment
Exploratory Well Costs Written off
Finance cost
Unrealized Foreign Exchange Loss/(Gain)
Other impairment and Write offs
Excess Provision written back
Provision for decommisioning
Other non cash expenditure written off
Interest Income
Fair value loss (net)
Amortization of Financial Guarantee
Amortization of Operating leasold land and others
Liabilities no longer required written back
Amortization of Government Grant
Loss/(Profit) on sale of investment
Loss/(Profit) on sale of property, plant & equipment
Dividend Income
Remeasurement of Defined benefit plans
Gain on foreign exchange, forward contract and mark to
Operating Profit before Working Capital Changes
Adjustments for:-
Receivables
Loans and Advances
Other Assets
Inventories
Trade Payable and Other Liabilities
Cash generated from Operations
Direct Taxes Paid (Net of tax refund)
Net Cash generated from Operating Activities ‘A’
CASH FLOW FROM INVESTING ACTIVITIES:
Payments for Property, plant and equipment
Proceeds from disposal of Property, plant and equipment
Exploratory and Development Drilling
Investments in Term deposits with maturity 3 to 12 months
Sale proceeds of current investments
Investment in Mutual funds
Investment in Joint Controlled Entities and Associates
Consideration paid towards acquisition of HPCL (Refer note 1)
Sale of Investment in Joint Controlled Entities and Associates
Investments- Others
Deposit in Site Restoration Fund
Dividend Received from Associates and Joint Ventures
Dividend Received from Other Investments
Interest Received
Changes in non current assets/liabilities and provisions
Net Cash (Used in)/ Generated by Investing Activities ‘B’
CASH FLOW FROM FINANCING ACTIVITIES:
Proceeds of Short Term Borrowings
Repayment of Short Term Borrowings
Change in Equity
Change in NIC
Proceeds from Long Term Borrowings
Repayments from Long Term Borrowings
Capital Grant
Dividend Paid on Equity Share
Tax paid on Dividend
Interest Paid
Payment of other non current financial liability
Net Cash used in Financing Activities 'C'
Net increase/(decrease) in Cash and Cash Equivalents (A+B+C)
Cash and Cash Equivalents as at the beginning of the year
Add: Effect of exchange rate changes on the balance of cash and cash equivalents held in fore
Cash and Cash Equivalents as at the end of year
2015-16 2016-17 2017-18 2018-19 2019-20 2020-21
FY16 FY17 FY 18 FY19 FY20 FY21

131015.53 291691.19 260679.86 338869.29

69506.96 125484.22 131395.16 208802.11

-8657.32 -28099.9 -27018.85 -34282.55
79432.68 -5910.13 -2740.12 15762.16
163840.59 202192.01 230886.86 240262.32
43396.46 33176.24 58559.51 72561.65
37655.83 35911.08 49638.02 56520.54
7582.17 -3659.68 3312.66 7932.58
7678.87 3617.85 16095.35 14404.92
-24163.36 -22299.62 -4333.13 -9167.05
-137.93
3032.62 -76.61 59.11 -203.45
-30255.88 -28974.98 -25812.36 -23629.39
819.21 -1146.52 951.34 109.29
- 318.72
10.15 24.83 21.34 23.18
-1226.18 -1794.48 -2149.44 -3808.73
-2.48 -46.55 -209.64 642.5
-1066.48 -2.94 602.4 -
-325.26 295.27 -88.51
-10252.28 -17822.14 -16099.95 -15283.71
-455.29 -4712.11 -780.02 -4364.15
-77.38 3543.8 - -
467676.49 580770.3 673353.36 865381.74

78352.03 -21284.03 -17436.97 -23269.07

1448.78 1229.49 -18656.2 -63726.52
-18633.82 121404.55 -12606.28 -59868.22
4910.54 -65937.85 -7510.35 -46698.49
5786.84 -62141.48 58752.35 93923.18
539540.86 554040.97 675895.91 765742.62
-76616 -96236.22 -107974.97 -153258.06
462924.86 457804.76 567920.95 612484.56

-151197.91 -205240.29 -278146.78 -256671.79

260.04 1886.06 830.85 2028.18
-150046.64 -158047.92 -171279.87 -168254.48
-72902.9 4410.85 73414.09 8235.17
1368.4 13752.6 -
-30032.38 -6307.97 36343.39 -2246.15
-9871.69 -124821.06 -33677.03 -7368.98
- -369150 -
2788.54 33.16 3262.1 -1599.91
334.68 - -2399.05 -7434.4
-11331.57 15,119.35) -14695.08 -21198.58
3593.06 1410.3 30237.5 77441.63
6659.22 17226.46 15748.57 14965.58
28920.1 28072.24 24646.53 20429.31
4568.67 - -
-382827.45 -450560.45 -671112.18 -341674.42

24134.43 142109.77 269189.06 1018096.86

-13930 -11246.86 -1024454.7
-4856.33 24981.16 - -40354.07
232.22 1187.51
17244.54 17803.05 64575.74 41098.13
-29393.31 -81910.94 -66176.58
21.7
-49168.68 -153501.28 -94958.85 -132311.37
-10005.3 -19353.5 -16646.06 -17438.91
-23985.88 -21264.5 -29243.23 -39605.6
240.56 -9466.89 -897.47 -
-89719.97 -18670.49 99093.61 -259958.73
-9622.57 -11426.19 -4097.62 10851.41
27677.09 -475.59 513.15 -453.71
268.75 12414.91 3130.77 2000.92
18323.27 513.13 -453.71 12398.62
2021-22 2022-23
FY22 FY23
Oil & Natural Gas Corporation Limited(ONGC)
(FIXED ASSET MODULE)
(₹ in Crore)
2010-11 2011-12 2012-13 2013-14 2014-15 2015-16
FY 11 FY12 FY 13 FY 14 FY15 FY16
2016-17 2017-18 2018-19 2019-20 2020-21 2021-22
FY17 FY 18 FY19 FY20 FY21 FY22
2022-23
FY23
Oil & Natural Gas Corporation Limited(ONGC)
(DEBT REPAYMENT SCHEDULE)
(₹ in Crore)
2013-14 2014-15 2015-16 2016-17 2017-18 2018-19
FY 14 FY15 FY16 FY17 FY 18 FY19
2019-20 2020-21 2021-22 2022-23
FY20 FY21 FY22 FY23
Oil & Natural Gas Corporation Limited(ONGC)
(EQUITY SCHEDULE)
(₹ in Crore)

Capital Redemption Reserves

Other Capital Reserve- Common Control
Capital reserves
Securities Premium
Legal Reserve
Deferred Government Grant
Debenture Redemption Reserve
Self Insurance Reserves
Exchange difference on translating the financial statements of foreign operations
Foreign Currency Monetary itemTranslation difference Account
Hedging Reserve
Retained Earnings
General Reserve
Reserve for equity instruments through other comprehensive income
Total Other equity
 2013-14 2014-15 2015-16 2016-17 2017-18 2018-19
FY 14 FY15 FY16 FY17 FY 18 FY19

91.97 91.86 91.86 99.82 99.82 1364.6

-358987.28 -353907.9 -353907.9
1234.97 618.89 618.89 646.85 614.14 614.47
144.33 2435.48 - -
30934.67 39016.19 39597.32 49127.49 56017.84
41.73
24488.86 28675.17 58714.29 80530.26 80142.96 65841.53
-
70763.79 109196.25 125542.92 133623.8 133294.32 143125.96
-3925.56 -2.25 -3.31 -14.92
11.12
122099.57 100417.58 184723.93 190809.52 216719.39
1352771.69 1450259.6 1500421.31 1550154.27 1660032.68 1788382.79
233114.8 104118.44 110535.78 246863.72 215813.31 200362.32
1678737.7 1845994.45 1935358.82 1879685.92 1976023.04 2118506.08
2019-20 2020-21 2021-22 2022-23
FY20 FY21 FY22 FY23