HINDOILEXPEnergy

Hindustan Oil Exploration Company Limited

Oil Exploration & Production · ISIN INE345A01011 · BSE 500186 · NSE EQ · FV ₹10
Last price
₹181
+0.28%today
What this company does

Hindustan Oil Exploration Company Limited operates in Oil Exploration & Production, part of the Energy sector. It booked ₹114 cr of revenue in its latest quarter (Q1 FY27) and kept 5.5% of sales as profit. It is the 6th largest of 6 Oil Exploration & Production companies we track, by market value.

47out of 100
Equitytale Health Score
Mixed

Healthier than 47% of companies in Energy, on all six measures of filed financials. Each measure is ranked against the 6–26 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
57

At close. Not part of the score.

Profitability & returns18

How much profit it earns on the money it employs

Balance sheet65

How much it owes, and whether earnings cover the interest

Cash quality86

Whether reported profit actually arrives as cash

Growth & consistency20

Whether sales and profit have grown, and how steadily

Valuation20

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Is this company doing well?
not investment advice
Strengths
Makes a profit
Sales up 45% vs last year
No promoter shares pledged
Virtually debt-free
Watch-outs
! Thin 5.5% net margin
! Profit down 86% vs last year
! Low 1.8% return on equity
! Operating cash flow is negative

What if I invest in HINDOILEXP?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 0% a year, it would become
₹12.00 lakh

The slider starts at 0%, taken from this company's own free-cash-flow trend. That is history, not a forecast — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹181 +0.28%
latest close · 2026-09-17
1-year return
+10.3%
52-wk low ₹14652-wk high ₹246
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio96.3High
LowAverageHigh
P/B ratio1.73Moderate
Below bookModerateHigh
EV / EBITDA26.0High
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity1.8%Weak
WeakFairStrong ▸15%
Return on capital1.8%Weak
WeakFairStrong
Net margin5.5%Decent
ThinDecentStrong
EBITDA margin20.4%Healthy
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.04Comfortable
LowModerateHigh ▸1
Interest cover8.0×Strong
RiskyOkayStrong ▸5×
Current ratio1.10Healthy
Tight ◂1HealthyAmple
More figures
Market cap
₹2,393 cr
Book value
₹105
EPS
₹0.47
latest quarter
Net debt
₹30 cr
owes more than its cash
Enterprise value
₹2,423 cr
EBITDA
₹93 cr
annualised
EBIT
₹30 cr
annualised
Operating margin
6.6%
Return on assets
1.1%
Earnings yield
1.04%
P/S
5.24
Sales / share
₹34.5
Tax rate
4.8%
Face value
₹10
Shares
13.2 cr
Working capital
₹50 cr
Current assets
₹533 cr
Current liabilities
₹483 cr
Delivery %
37.4%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the exchange filings
not investment advice
Looks overpricedMedium confidence
Median of 2 models ₹106 vs market price ₹181 — price is 71% above it
Safety cushion-71.0%(target ≥ +20%)
Models span ₹80₹132, midpoint ₹106
Model ₹106
Price ₹181
Cheap sideExpensive side

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹114 cr
Other Income₹20 cr
Total Income₹134 cr
Cost of Materials₹0 cr
Purchases of Stock-in-Trade₹0 cr
Inventory Change (±)₹42 cr
Employee Benefit Expense₹1 cr
Finance Costs₹94.2 L
Depreciation & Amortisation₹16 cr
Other Expenses₹68 cr
Total Expenses₹128 cr
Profit before Tax₹7 cr
Tax Expense₹31.6 L
Net Profit₹6 cr
Net margin on total income4.6%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹42 cr31.3%
Employee benefit expense₹1 cr0.8%
Finance costs₹94.2 L0.7%
Depreciation & amortisation₹16 cr11.8%
Other expenses₹68 cr50.6%
Tax expense₹31.6 L0.2%
Profit for the period₹6 cr4.6%
Total income ₹134 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue75 cr-206 cr114 cr
Total income79 cr-199 cr134 cr
Expenses72 cr-208 cr128 cr
Profit before tax7 cr9 cr7 cr
Tax-1 cr1 cr31.6 L
Net profit (owners' share)8 cr8 cr6 cr
Net margin (owners' share, on revenue)11.0%5.5%
EPS (₹)0.630.590.47
YoY (latest quarter): total income +64.8% · net profit -85.8%
Balance sheet & cash flow · as of Mar 2026
Debt-free
Total assets
₹2,171 cr
Shareholder equity
₹1,385 cr
parent shareholders
Total debt
₹50 cr
Cash
₹20 cr
Cash flow · H1 FY26
Operating
₹-17 cr
Investing
₹53 cr
Financing
₹-9 cr
Peer comparison
Oil Exploration & Production · by market value
CompanyPriceMarket capP/E
Oil & Natural Gas Corporation Limited₹232₹2.92 L cr6.1
Vedanta Oil and Gas Limited₹35₹84,396 cr
Oil India Limited₹477₹77,654 cr5.3
Antelopus Selan Energy Limited₹1,131₹3,976 cr18.3
Prabha Energy Limited₹221₹3,160 cr2,759.6
Hindustan Oil Exploration Company Limitedthis company₹181₹2,393 cr96.3
Same industry · latest reported numbers · not a recommendation.
Who owns it · 2026-06-30
No pledge
Promoter
FII / Foreign
1.9%
DII / Domestic
0.1%
Retail / others
98.0%
Smart-money activity
Insider trades
SoldR JEEVANANDAM · Director8.00 L · ₹18.4 cr30 Sep 24
SoldP RAMAKRISHNA · Employees/Designated Employees5,000 · ₹10.3 L27 Jun 23
SoldP RAMAKRISHNA · Employees/Designated Employees4,250 · ₹9.0 L19 Jun 23
Bulk / block deals
short · NSE508 Sep 26
short · NSE57 Sep 26
BoughtNK SECURITIES RESEARCH PRIVATE LIMITED · NSE13.56 L @ ₹185.573 Sep 26
Stake changes
SoldHDFC Bank Limited→ 4.34% · 29.38 L21 Sep 23
BoughtHDFC Bank Limited→ 6.39% · 84.44 L1 Jul 23
DisposalHindustan Oil Exploration Company limited→ 6.56%24 Mar 22
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Postal ballot · 29 Mar 2026
See the official result
1
Appointment of Dr. Jagadip Narayan Singh (DIN: 00955107) as a Non-Executive Independent Director & Chairman of the Company
Backed by 100% of shareholders other than promotersneeded 75%
4.99 cr votes for, 5,217 against · 0% of mutual funds and other big investors said no
2
To consider and approve the change in designation of Mr. Baroruchi Mishra (DIN: 09223144) from his position as Non-Executive Independent Director to Non-Executive Non-Independent Director of the Company
Backed by 100% of shareholders other than promotersneeded 50%
4.99 cr votes for, 5,427 against · 0% of mutual funds and other big investors said no
3
To consider and approve the appointment of Mr. Baroruchi Mishra (DIN: 09223144) as a Managing Director & CEO of the Company
Backed by 98% of shareholders other than promotersneeded 50%
4.91 cr votes for, 8.14 L against · 96% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.