ONGC vs RELIANCE: Stock Comparison

OIL AND NATURAL GAS CORP. vs RELIANCE INDUSTRIESUpdated 27 Aug 26, 4:08 PM ISTNSE & company filings

RELIANCE INDUSTRIES is the larger company by market capitalisation. OIL AND NATURAL GAS CORP. shows a lower P/E, a higher ROE and a higher dividend yield, while RELIANCE INDUSTRIES shows faster revenue growth 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 9; RELIANCE leads 4 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
₹2.92 L Cr
₹17.45 L Cr
P/E RatioONGC has the lower reading
6.71x
23.29x
P/B RatioONGC has the lower reading
0.79x
1.93x
EPSRELIANCE has the higher reading
₹9.46
₹15.48
Book ValueContext only
₹295.5
₹668.05
Dividend YieldONGC has the higher reading
6.2%
0.46%

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

Key Differences

Market Cap
RELIANCE is the larger company
₹17.45 L Cr vs ₹2.92 L Cr
P/E Ratio
ONGC has a lower P/E
6.71x vs 23.29x
P/B Ratio
ONGC has a lower P/B
0.79x vs 1.93x
EPS
RELIANCE has higher earnings per share
₹15.48 vs ₹9.46
Dividend Yield
ONGC has a higher dividend yield
6.2% vs 0.46%
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
ONGC has stronger quarterly sales growth
341.21% vs 87.85%

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₹232₹1,282.2
Day Change-0.09%-1.22%
Volume1.12 Cr1.13 Cr
52-Week High₹307.5₹1,611.8
52-Week Low₹227.65₹1,249.8
Distance from 52W High-24.55%-20.45%

Valuation

MetricONGCRELIANCE
Market Cap₹2.92 L Cr₹17.45 L Cr
P/E Ratio6.71x23.29x
P/B Ratio0.79x1.93x
EPS₹9.46₹15.48
Book Value₹295.5₹668.05
Dividend Yield6.2%0.46%

Growth

MetricONGCRELIANCE
Revenue Growth (TTM YoY)1.9%12.5%
EPS Growth (TTM YoY)47.8%-12.6%
Qtr Sales Growth341.21%87.85%
Qtr Profit Growth-61.52%74.77%

Profitability & Leverage

MetricONGCRELIANCE
ROE9.91%8.82%
ROCE10.79%8.87%
Net Margin6.26%7.64%
Operating Margin35.43%13.97%
Debt to Equity0.02x0.34x

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 AND NATURAL GAS CORP. and RELIANCE INDUSTRIES.

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.