ONGC vs RELIANCE: Stock Comparison

Oil & Natural Gas Corpn Ltd vs Reliance Industries LtdUpdated 12 August 2026, 4:08 PM ISTNSE & company filings

Reliance Industries Ltd is the larger company by market capitalisation. Oil & Natural Gas Corpn Ltd shows a lower P/E, a higher ROE and a higher dividend yield, while Reliance Industries Ltd shows faster revenue growth, lower leverage and a higher net margin. These are relative readings on individual metrics — weigh valuation against growth, margins, leverage and capital efficiency rather than treating any single number as decisive.

Metric snapshot

ONGC leads 7; RELIANCE leads 6 of 13

Not a rating

Interactive comparison

Compare the numbers that shape the decision

Every row uses its own scale. Switch lenses to compare like with like.

ONGCRELIANCE

Valuation lens

What price are you paying?

Market CapContext only
ONGC
₹3.02 L Cr
RELIANCE
₹17.89 L Cr
P/E RatioONGC has the lower reading
ONGC
6.92x
RELIANCE
24.03x
P/B RatioONGC has the lower reading
ONGC
0.81x
RELIANCE
1.99x
EPSRELIANCE has the higher reading
ONGC
₹34.61
RELIANCE
₹55.22
Book ValueContext only
ONGC
₹295.5
RELIANCE
₹668.05
Dividend YieldONGC has the higher reading
ONGC
6.05%
RELIANCE
0.45%

✓ marks the usual favourable reading; it is not a recommendation.

Key Differences

Market Cap
RELIANCE is the larger company
₹17.89 L Cr vs ₹3.02 L Cr
P/E Ratio
ONGC has a lower P/E
6.92x vs 24.03x
P/B Ratio
ONGC has a lower P/B
0.81x vs 1.99x
EPS
RELIANCE has higher earnings per share
₹55.22 vs ₹34.61
Dividend Yield
ONGC has a higher dividend yield
6.05% vs 0.45%
Revenue Growth (TTM YoY)
RELIANCE has faster revenue growth
12.5% vs 1.9%
EPS Growth (TTM YoY)
ONGC has faster EPS growth
47.8% vs -12.6%
Qtr Sales Growth
RELIANCE has stronger quarterly sales growth
12.5% vs 3.61%

Each difference is a single, relative reading — StockeZee does not name an overall winner.

Profile

MetricONGCRELIANCE
SectorOil Gas & Consumable FuelsOil Gas & Consumable Fuels
IndustryOil Exploration & ProductionRefineries & Marketing

Price

MetricONGCRELIANCE
Live Price₹239.05₹1,329
Day Change-0.17%0.39%
Volume1.07 Cr79.01 L
52-Week High₹307.5₹1,611.8
52-Week Low₹227.65₹1,249.8
Distance from 52W High-22.26%-17.55%

Valuation

MetricONGCRELIANCE
Market Cap₹3.02 L Cr₹17.89 L Cr
P/E Ratio6.92x24.03x
P/B Ratio0.81x1.99x
EPS₹34.61₹55.22
Book Value₹295.5₹668.05
Dividend Yield6.05%0.45%

Growth

MetricONGCRELIANCE
Revenue Growth (TTM YoY)1.9%12.5%
EPS Growth (TTM YoY)47.8%-12.6%
Qtr Sales Growth3.61%12.5%
Qtr Profit Growth47.8%-12.6%

Profitability & Leverage

MetricONGCRELIANCE
ROE11.7%8.91%
ROCE14.2%10.3%
Net Margin6.26%7.64%
Operating Margin15.6%17%
Debt to Equity0.47x0.45x

Shareholding

As of Jun 2026 • change vs previous quarter
MetricONGCRELIANCE
Promoter Holding58.89%50.48% 0.48 pp
FII Holding8.01% 0.04 pp17.2% 1.47 pp
DII Holding19.31%21.19% 0.64 pp
Public Holding3.49% 0.04 pp11.04% 0.35 pp

How to Read This Comparison

Valuation ratios (P/E, P/B) use the latest consolidated figures where available; growth numbers compare against the same period last year; shareholding percentages come from the most recent quarterly filings, with the change shown against the prior quarter. A "more favourable" highlight is relative between these two companies only — it is not a rating, a recommendation, or a comparison against the wider sector. Rows with no reported data for either company are hidden rather than shown empty.

Deep-dive each company on its stock page for quarterly results, technicals, filings and the full peer set: Oil & Natural Gas Corpn Ltd and Reliance Industries Ltd.

Data source: NSE and company filings via StockeZee. This comparison is informational — it is not investment advice, and StockeZee is not a SEBI-registered investment adviser.