Oil & Natural Gas vs Coal India: share price, P/E, ROE and financials compared
Oil & Natural Gas Corporation
Coal India
Oil & Natural Gas and Coal India at a glance
Oil & Natural Gas and Coal India are both listed in Oil Gas & Consumable Fuels. Oil & Natural Gas is the larger by market cap, at ₹2.9L Cr against ₹2.5L Cr for Coal India. On valuation, Oil & Natural Gas has the lower P/E (5.9× against 7.4×) and the lower price-to-book (0.78× against 1.93×). On returns and margins, Coal India has the higher ROCE (19.6% against 12.6%), the higher ROE (28.3% against 11.6%) and the higher operating margin (19.5% against 17.7%). Over three years, Oil & Natural Gas has faster 3-year profit growth (+4.1% against −0.7% a year), while Coal India has faster 3-year sales growth (+9.3% against −1.3% a year). Coal India carries less debt for its equity, with a debt-to-equity of 0.12× against 0.43×.
Key metrics, side by side
| Metric | Oil & Natural GasONGC | Coal IndiaCOALINDIA |
|---|---|---|
| Price (₹) | 231.76 | 400.00 |
| Market cap (₹ Cr) | 2,91,561 | 2,46,509 |
| P/E | 5.9× (the lower figure, shaded) | 7.4× |
| P/B | 0.78× (the lower figure, shaded) | 1.93× |
| Dividend yield, trailing | 5.72% | 6.63% (the higher figure, shaded) |
| ROE | 11.6% | 28.3% (the higher figure, shaded) |
| ROCE | 12.6% | 19.6% (the higher figure, shaded) |
| Operating margin (OPM) | 17.7% | 19.5% (the higher figure, shaded) |
| Net margin (NPM) | 6.2% | 18.6% (the higher figure, shaded) |
| Sales CAGR 3Y | −1.3% | +9.3% (the higher figure, shaded) |
| Profit CAGR 3Y | +4.1% (the higher figure, shaded) | −0.7% |
| Debt to equity | 0.43× | 0.12× (the lower figure, shaded) |
| Interest cover | 7.3× | 49.9× (the higher figure, shaded) |
| Net profit TTM (₹ Cr) | 43,519 | 33,365 |
| 1Y return | −8.9% | +4.4% (the higher figure, shaded) |
| Promoter holding | 58.89% | 61.13% |
Oil & Natural Gas vs Coal India: common questions
Which is bigger, Oil & Natural Gas or Coal India?
By market cap, Oil & Natural Gas is bigger at ₹2.9L Cr, against ₹2.5L Cr for Coal India (prices as of 6 Nov 2026). Net profit over the last twelve months was ₹43,519 Cr for Oil & Natural Gas and ₹33,365 Cr for Coal India.
Which has a lower P/E ratio, Oil & Natural Gas or Coal India?
Oil & Natural Gas trades at a P/E of 5.9× and Coal India at 7.4×. Oil & Natural Gas has the lower P/E. P/E is the share price divided by earnings per share; it varies a lot between industries and with growth, so it says little on its own.
Which has a higher ROE, Oil & Natural Gas or Coal India?
Oil & Natural Gas reports a return on equity of 11.6% and Coal India 28.3%. Coal India has the higher ROE. ROE is net profit as a share of shareholders’ equity.
Which is growing faster, Oil & Natural Gas or Coal India?
Over the last three years: Sales grew −1.3% a year at Oil & Natural Gas and +9.3% at Coal India, so Coal India grew sales faster; profit grew +4.1% a year at Oil & Natural Gas and −0.7% at Coal India, so Oil & Natural Gas grew profit faster. Past growth doesn’t predict future growth.