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OIL AND NATURAL GAS CORPORATION LIMITED<br><br>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.
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COMPANY REVIEW ON OIL AND NATURAL GAS CORPORATION LIMITED REVIEWED BY KARTEEK B10 – 006 BIFAAS
COMPANY PROFILE 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
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
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 byAct of Parliament in 1959 for planning. Oil and Natural Gas Commission becomes Oil and Natural Gas Corporation
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. Afew months later, it was converted into an Oil and Natural Gas Directorate.
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 ofbusiness Ethicsand organizationValues. 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 productsand services. Integrated in Energy business Focus on domestic and international oil & Gas Explorationand production business opportunities. Provide value linkages in other sectors of energy business. Create growth opportunities andmaximize shareholder value. Dominant Indian leadership Retain dominant positionin Indian petroleumsector and enhance India’s EnergyAvailability.
INDEPENDENT DIRECTORS Shashi Shanker CHAIRMAN AND MANAGING DIRECTOR Ganga Murthy Independent Director Vivek Mallya Independent Director Functional Director Ajai Malhotra Independent Director Sanjay Kumar Moitra Director (Onshore) GOVT NOMINEE DERICTOR Ajay Kumar Dwivedi Director (Exploration) Sumit Bose Independent Director Dr. Sambit Patran Independent Director Deepak Sethi Independent Director Rajiv Bansal Additional Secretary & Financial Advisor Subhash Kumar DIRECTOR(FINANCE) K.M. Padmanabhan Independent Director Amar Nath Joint Secretary (Exploration) Ministry of Petroleum & Natural Gas Prof. Shireesh B. Kedare Independent Director Dr. Santrupt B. Misra Independent Director Rajesh Shyamsundar Kakkar Director (Offshore)
PRODUCTS OF ONGC: Crude oil Natural gas Ethane Superior Kerosene Oil HSD LPG Motor Spirit Aromatic Rich Naptha
GROUP OF COMPANIES ONGC Videsh Limited (OVL) Mangalore Refinery and Petrochemicals Limited (MRPL)' ONGC Nile Ganga BV (ONG BV) ONGC Mittal Energy Limted (OMEL) ONGC Mittal Energy Services Limited (OMESL) ONGC Tripura Power Company Pvt.Ltd. (OTPCL) Kakinada Refinery & Petrochemicals Limited (KRPL) Kakinada SEZ Limited Mangalore SEZ Limited Dahej SEZ Limited Rajasthan Refinery Limited (RRL)
SUBSIDARIES AND JOINT VENTURES: SUBSIDARIES OF ONGC ONGC Videsh Ltd. (OVL) Mangalore Refinery and Petrochemicals Ltd JOINT VENTURES OF ONGC ONGC Tripura Power Company Limited (OTPC) ONGC Petro-additions Limited (OPaL) Mangalore Special Economic Zone Limited (MSEZ) ONGC Mangalore Petrochemicals Limited (OMPL) Dahej SEZ Limited (DSL)
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 ONGC is positioned as the future of India's energy Positioning
PROFIT AND LOSS Particulars 2016 2015 2014 2013 2012 809680.71 884420.75 906034.7 882375.28 845602.4 Total Revenue 251229.22 209256.96 220948.07 177329.54 160036.46 Profit after Tax PBIT 366425.67 305443.33 324319.32 265552.35 233903.22
BALANCE SHEET.... 2011 – 2012 2012 – 2013 2013 -2014 2014 –2015 2015 -2016 Particular 42777.6 42777.6 42777.6 42777.6 42777.6 Share Capital 1086789.71 1201754.64 1324472.45 1403232.15 1475749.4 Reserves and Surplus Total Assets 1717276.05 1781266.67 1992884.29 2080798.81 2201057.72 Current Liabilities 256979.54 1956005.17 2183681.94 2272533.69 2412480
RATIO ANALYSIS 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
SWOT ANALYSIS WEAKNESS STRENGTHS ONGC is Indias largest crude oil and natural gas producer Being a government organization, slow bureaucratic decisions efficiency can reduce Strong brand name of ONGC company High profit making and high revenues and Has over 30,000 employees Intense market share growth for ONGC competition means limited 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
THREATS OPPORTUNITIES Increasing higher margins for ONGC fuel/oil prices means Government regulations affects business of ONGC High competition form Indian as well as global oil companies Increasing natural gas market ONGC can increase business by more oil well discoveries Hybrid and electric cars in the market can reduce fuel consumption Expand global export market and have international tie-ups Fluctuating crude oil prices can affect the business
Varisthajana Swasthya Sewa Abhiyan (Mobile Medicare) ONGC-GICEIT Computer Centre(computer training to underprivileged youth) Project Utkarsh - Livelihood Project in Sibasagar (livelihood opportunities) Harit Moksha (consumption of wood) ONGC-NSTFDC Hathkargha Prashikshan(empowering the women tribal handloom) ONGC-Eastern Swamp Deer Conservation Project in Kaziranga National Park ONGC Hospitals
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 the occupational safety and health category. in 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 SportsAward. ONGC wins the "Greentech Excellence Award" for the year 2013 in Platinum Category