A company review on ONGC(Oil and Natural Gas Corporation Limited). In this presentation, We can find entire information about the ONGC, How it came into existence and board of directors, subsidiaries and Competitors. We can also find the Financial analysis of the company. We can know the SWOT analysis, Awards and recognition and CSR activities of the ONGC company.
1. COMPANY REVIEW ON
OIL AND NATURAL GAS CORPORATION
LIMITED
REVIEWED BY
KARTEEK
B10 – 006
BIFAAS
2. Name of the company: O.N.G.C (Oil and natural gas corporation ltd.)
Establish year : August 1956
Sector: Public Sector
Industry: Oil and Gas
Registered office:
Jeevan Bharti Building, Tower-2
124, Indira Chowk, New delhi-110001
Corporate office: Tel Bhavan Deharadun-248003
Uttarakhand
Web Site: www.ongcindia.com
COMPANY PROFILE
3. Products: Petroleum, Natural gas, and other petrochemicals
Revenue: 92,813 crore
Profit: 19,945 crore
Operating income: 30,400 crore
Owner: Government of India
Number of employees: 33,580
Traded as: NSE: ONGC
BSE: 500312
BSE SENSEX Constituent
CNX Nifty Constituent
4. ABOUT THE COMPANY
Oil and Natural Gas Corporation Limited is an Indian multinational oil and gas
company headquartered in Dehradun, Uttarakhand, India.
It is a Public Sector Undertaking of the Government of India, under the administrative
control of the Ministry of Petroleum and Natural Gas.
Oil & Natural Gas Directorate upgraded to Oil and Natural Gas Commission in 1956.
Commission converted into a statutory body by Act of Parliament in 1959 for planning.
Oil and Natural Gas Commission becomes Oil and Natural Gas Corporation
5. HISTORY OF THE COMPANY
ONGC was set up under the visionary leadership of Pandit Jawaharlal Nehru, going
against the wisdom of the multinational oil companies operating in the country, who
had almost written India off as a “Hydrocarbon Barren” country.
Pandit Nehru reposed faith in Shri Keshav Dev Malviya who laid the foundation of
ONGC in the form of Oil and Gas division, under Geological Survey of India, in 1955.
A few months later, it was converted into an Oil and Natural Gas Directorate.
7. VISSION AND MISSION
To be a World Class, Oil and Gas Company integrated in Energy business with dominant Indian leadership and global presence.
MISSION:
World Class
Dedicated to excellence by leveraging competitive advantages are Research and Development and technology with
involved people.
Imbibe high standards of business Ethics and organization Values.
Abiding Commitment to health, safety and environment to enrich quality of community life.
Foster a culture of trust, openness and Mutual content to make working a stimulating and challenging experience for
one people.
Strive for customer delight through quality products and services.
Integrated in Energy business
Focus on domestic and international oil & Gas Exploration and production business opportunities.
Provide value linkages in other sectors of energy business.
Create growth opportunities and maximize shareholder value.
Dominant Indian leadership
Retain dominant position in Indian petroleum sector and enhance India’s Energy Availability.
12. Shashi Shanker
CHAIRMAN AND MANAGING DIRECTOR
Rajiv Bansal
Additional Secretary &
Financial Advisor
Rajesh Shyamsundar Kakkar
Director (Offshore)
Functional Director
Ajay Kumar Dwivedi
Director (Exploration)
Sanjay Kumar Moitra
Director (Onshore)
Amar Nath
Joint Secretary
(Exploration) Ministry of Petroleum &
Natural Gas
GOVT NOMINEE DERICTOR
Deepak Sethi
Independent Director
Subhash Kumar
DIRECTOR(FINANCE)
Sumit Bose
Independent Director
INDEPENDENT DIRECTORS
Ajai Malhotra
Independent Director
K.M. Padmanabhan
Independent DirectorProf. Shireesh B. Kedare
Independent Director
Ganga Murthy
Independent Director
Dr. Sambit Patran
Independent Director
Vivek Mallya
Independent Director
Dr. Santrupt B. Misra
Independent Director
13.
14. PRODUCTS OF ONGC:
Crude oil
Natural gas
Ethane
Superior Kerosene Oil
HSD
LPG
Motor Spirit
Aromatic Rich Naptha
19. ONGC STP
Segment Corporate, countries, individuals looking to full
fill energy needs
Target Group Enterprises looking for energy for
production, people for petrol diesel for
vehicles and domestic uses
Positioning ONGC is positioned as the future of India's energy
24. Rs.(Crs.) / YEAR 31/3/16 31/3/15 31/3/14 31/3/13 31/3/12
CURRENT
RATIO
1.45 1.57 1.56 1.75 1.42
Quick ratio 1.19 1.26 1.26 1.42 1.22
Current asset
Turnover ratio
2.75 2.93 3.04 2.89 2.21
Fixed asset
ratio
0.9 0.87 0.88 0.86 0.71
RATIO ANALYSIS
25. Being a government organization, slow
bureaucratic decisions can reduce
efficiency
Intense competition means limited
market share growth for ONGC
ONGC is Indias largest crude oil and natural
gas producer
Strong brand name of ONGC company
High profit making and high revenues and
Has over 30,000 employees
Strong advertising and branding of the
company along with recognition from several
awards
Owned by the Govt of India, ONGC has got
a strong financial backing
STRENGTHS WEAKNESS
SWOT ANALYSIS
26. Increasing fuel/oil prices means
higher margins for ONGC
Increasing natural gas market
ONGC can increase business by
more oil well discoveries
Expand global export market and
have international tie-ups
Government regulations affects business
of ONGC
High competition form Indian as well as
global oil companies
Hybrid and electric cars in the market can
reduce fuel consumption
Fluctuating crude oil prices can affect the
business
OPPORTUNITIES THREATS
30. ONGC was ranked as the Most Attractive Employer in the Energy sector in India, in the
RandstadAwards 2013.
ONGC was one of 12 winners of the “Golden Peacock Award 2014” corporate social
responsibility practices, and one of 24 winners of the 'Golden Peacock Award 2013 in
the occupational safety and health category.
In April 2013, it was ranked at 155th place in the forbes global 2000 for 2012.
In 2011, ONGC was ranked 39th among the world's 105 largest listed companies in
'transparency in corporate reporting' by Transparency International making it the most
transparent company in India.
It was conferred with 'Maharatna' status by the Government of India in November 2010.
In February 2014, FICCI conferred it with Best Company Promoting Sports Award.
ONGC wins the "Greentech Excellence Award" for the year 2013 in Platinum Category