RELIANCE INDUSTRIES vs OIL AND NATURAL GAS CORPORATIO

RELIANCE and ONGC, both in Oil Refining/Marketing. Monthly data through 2026-10-09. Change the comparison →

Price, rebased to 100

Share price change since Jan '19, the first month all 2 have a price: RELIANCE +100%, ONGC +73%.

46120194269Jan '19Aug '20Mar '22Oct '23May '25Oct '2646120194269Jan '19Aug '21Mar '24Oct '26

Rebased at 2019-01. Monthly closes from each company's history.

ROCE

6.0%12.0%18.0%24.0%Jan '19Aug '20Mar '22Oct '23May '25Oct '266.0%12.0%18.0%24.0%Jan '19Aug '21Mar '24Oct '26
RELIANCE INDUSTRIES (RELIANCE)OIL AND NATURAL GAS CORPORATIO (ONGC)

Months with a missing value are left as gaps.

Where the return came from

The share price return over 3 years, split into net profit growth, share count change and the change in P/E.

RELIANCE Net profit growth: -12 pts-12 ptsP/E change: +14 pts+14 pts +2% ONGC Net profit growth: +9 pts+9 ptsP/E change: +23 pts+23 pts +32%
Net profit growthShare count changeP/E changeUnexplained

RELIANCE: share price rose 2% over 3 years: −12 pts from net profit growth, +14 pts from the P/E change.

ONGC: share price rose 32% over 3 years: +9 pts from net profit growth, +23 pts from the P/E change.

Segments are percentage points of the price return: price = P/E × net profit ÷ share count. These are the same numbers each company's own page shows.

Rank within sector, month by month

Each cell is the company's percentile rank among its own sector peers that month. Darker is higher-ranked. Rows marked ↓ are inverted (lower debt, shorter cash cycle and a lower P/E rank higher).

RELIANCE INDUSTRIES (RELIANCE) · Energy Minerals

ROCE
Op. margin
Revenue growth
EPS growth
Debt/equity ↓
Cash cycle ↓
P/E ↓
12M momentum
Nov '212023202420252026Oct '26
Lower rank Higher rank

OIL AND NATURAL GAS CORPORATIO (ONGC) · Energy Minerals

ROCE
Op. margin
Revenue growth
EPS growth
Debt/equity ↓
Cash cycle ↓
P/E ↓
12M momentum
Nov '212023202420252026Oct '26
Lower rank Higher rank

Percentiles use today's listed companies in the sector and need at least 5 peers with a value.

Latest snapshot

MetricRELIANCEONGC
Share Price₹1170.30₹221.27
Market Cap₹15.84L cr₹2.78L cr
P/E40.4x6.6x
P/B2.8x0.8x
P/S2.9x1.9x
ROCE8.0%13.0%
ROE6.9%12.6%
Operating margin12.0%61.0%
Revenue (TTM), indexed to 100₹5.53L cr₹1.47L cr
Net Profit (TTM)₹39219 cr₹41904 cr
Debt / Equity0.4x0.1x
Cash Conversion Cycle-29d36d
Promoter holding50.5%58.9%
FII Holding17.2%8.0%
DII Holding21.1%19.3%
12M momentum-21.3%-9.1%
Drawdown from Peak-25.5%-28.9%
Cash conversion (3Y)1.9x1.9x
Interest cover8.8x13.1x
Share Count Change (1Y)0.0%0.0%
Volatility (1Y)21.7%23.7%

Latest month in the data: 2026-10. Highlight marks the higher value, or the lower value for P/E, P/B, P/S, debt, working-capital days, share count change and volatility. It marks a number, not a better investment.

Comparison is descriptive and historical. Highlights mark the higher or lower value on a metric, not a better investment. Not investment advice; ApnaFunda is not a SEBI-registered research analyst.