According to The Financial Express, the analysis focused on companies with market capitalisation exceeding ₹5,000 crore that trade below their book value while offering dividend yields above 3%. The final selection included companies with positive net profit in the latest quarter and strong dividend visibility. ONGC emerged as the largest crude oil and natural gas producer in India, contributing around 71% to domestic production with a current price of ₹244 against a book value of ₹296.
As reported by The Financial Express, ONGC delivered strong financial results for FY26 with revenue growth of 8.2% year-on-year to ₹6,62,247 crore and consolidated profit after tax rising 30% to ₹49,793 crore. The company declared its highest-ever total dividend payout of ₹16,669 crore for FY26, translating to a dividend yield of 5% as of June 16. The company's return on capital employed (RoCE) stood at 14.2% while return on equity (RoE) was 11.7%.
According to The Financial Express, IOCL reported exceptional performance in FY26 with net profit surging 183.9% to ₹36,802 crore despite revenue growth of only 4.8% to ₹8,86,224 crore. The company achieved record operational metrics including highest-ever crude throughput of 75.5 million metric tonnes and pipeline throughput of 105.6 million metric tonnes. IOCL's dividend yield stood at 4.8% with a dividend payout ratio of 31% of profit, supported by strong return metrics of 18.8% RoCE and 20.7% RoE.
As reported by The Financial Express, PTC India reported gross turnover growth of 6.6% to ₹36,672 crore in FY26, with comparable standalone PAT rising 17% to ₹717 crore on a consolidated basis. The company declared an interim dividend of ₹3 per share with a dividend yield of 6%. PTC India's business model is closely tied to India's evolving power market, with the company benefiting from increased trading volumes as peak demand reaches 260 GW and electricity demand grows at 5% annually.
