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Hindustan Oil Exploration Company

HINDOILEXP NSE
₹155.64 No trade today
P/E
81.92
View as Markdown
MCP
Close 4 Nov 2026 ₹155.64 +4.42 +2.92% 1Y
Start ₹151.22

Key Fundamentals

MicrocapOil & GasEnergy

Price-based figures as of · EPS basis: Consolidated · TTM

ROCE
3.49%
Debt to Equity
0.04
EPS (TTM)
₹1.90
Book Value
₹104.71
Market Cap
—
P/E (TTM)
81.92
P/B
1.49
ROE
2.13%
Dividend Yield
0.00%
EBITDA
₹125 Cr
52W High
₹201.44
52W Low
₹117.50
Volume
0

Peer Comparison

Energy › Oil & Gas › Oil Exploration & Production

Hindustan Oil Exploration peer comparison
ONGC
₹235.006.79₹2,93,284 Cr0.805.71%11.60%14.20%₹7,04,123 Cr₹44,793 Cr
Oil India
₹458.008.92₹73,921 Cr1.282.52%12.20%11.50%₹38,521 Cr₹9,531 Cr
Vedanta Oil and Gas
₹30.910.79₹11,974 Cr—0.00%——₹11,766 Cr₹1,394 Cr
Antelopus Selan Energy
₹963.7025.53₹3,421 Cr4.440.51%15.00%19.90%₹359 Cr₹132 Cr
Prabha Energy
₹195.22—₹2,751 Cr6.980.00%−0.15%−0.09%₹7 Cr₹1 Cr
Hindustan Oil Exploration (this company)
₹155.6481.92₹2,023 Cr1.490.00%2.13%3.49%₹299 Cr₹25 Cr
Median 6 companies₹215.118.92₹7,697 Cr1.490.26%11.60%11.50%₹6,063 Cr₹763 Cr

Comparable companies in the same industry. Market cap, P/E and P/B use the latest price; other metrics are as reported in filings. A dash means the figure is not published for that company. 1 company is not shown because they are not listed on an exchange we cover.

Tapetide Score

Data-driven rating, 0–100, as of . How it works →

Overall score

41 Weak

Data confidence 100/100

Category scores

Quality
56
Good
Returns, margins, earnings quality 22% weight
Valuation
25
Poor
Cheap vs sector & own history 24% weight
Growth
7
Poor
Sales & profit trajectory 9% weight
Financial Health
41
Weak
Solvency, leverage, coverage 9% weight
Momentum
38
Weak
Trend strength, vol-adjusted 12% weight
Ownership
55
Average
FII/DII/promoter flows 24% weight

The Tapetide Score is data analysis, not investment advice. Tapetide is not a SEBI-registered research analyst or investment adviser.

Key Insights

Strengths

3
  • Company has reduced debt.
  • Company is almost debt free.
  • Debtor days have improved from 99.9 to 41.8 days.

Weaknesses

5
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Tax rate seems low
  • Company has a low return on equity of 10.1% over last 3 years.
  • Earnings include an other income of Rs.33.0 Cr.
  • Company's cost of borrowing seems high

Technical Indicators

Technical signals: verdict and indicator counts
GroupSignalBearishNeutralBullish
OverallStrong Bearish1270
OscillatorsBearish270
Moving AveragesStrong Bearish1000

Key readings

RSI (14)
38.30
Neutral
MACD (12,26,9)
−4.92
Bearish
SMA (50)
169.61
Bearish
SMA (200)
157.47
Bearish

As of

Growth Rate

From the financial statements below. 10Y, 5Y, 3Y: compound annual growth to Mar 2026; 1Y: fiscal year to Mar 2026 against Mar 2025; TTM: four quarters to Jun 2026 against Jun 2025.

Revenue

Revenue growth by window
10Y+18.54%
5Y+18.20%
3Y−22.18%
1Y−37.53%
TTM−17.80%

Net profit

Net profit growth by window
10Y+28.84%
5Y+3.52%
3Y−31.26%
1Y−57.14%
TTM−83.16%

Operating cash flow

Operating cash flow growth by window
10Y+6.59%
5YTurned positive
3Y−6.68%
1Y+10.56%
TTM—

TTM: Reported once a year, so there is no trailing-twelve-month figure.

Operating margin· change in pp

Operating margin growth by window
10Y+35.58 pp
5Y−6.42 pp
3Y−14.08 pp
1Y+0.50 pp
TTM−11.77 pp

Revenue by year

Revenue by year, ₹ crore
Mar 2017₹26.00 Cr
Mar 2018₹49.00 Cr
Mar 2019₹265 Cr
Mar 2020₹202 Cr
Mar 2021₹114 Cr
Mar 2022₹156 Cr
Mar 2023₹558 Cr
Mar 2024₹749 Cr
Mar 2025₹421 Cr
Mar 2026₹263 Cr

Net profit by year

Net profit by year, ₹ crore
Mar 2017₹36.00 Cr
Mar 2018₹38.00 Cr
Mar 2019₹157 Cr
Mar 2020₹138 Cr
Mar 2021₹53.00 Cr
Mar 2022₹20.00 Cr
Mar 2023₹194 Cr
Mar 2024₹226 Cr
Mar 2025₹147 Cr
Mar 2026₹63.00 Cr

Quarterly Results

₹ Cr
HINDOILEXP quarterly results, ₹ crore
Particulars Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales
168
113
179
290
136
94.81
147
43.39
78.65
315
75.38
−206
114
Expenses
77.43
44.85
108
215
73.77
63.11
72.5
38.61
46.47
292
48.12
−233
109
Operating Profit
90.18
67.98
70.64
74.67
62.38
31.7
74.02
4.78
32.18
22.75
27.26
26.62
5.51
OPM %
53.8%
60.25%
39.45%
25.78%
45.82%
33.44%
50.52%
11.02%
40.92%
7.22%
36.16%
—
4.83%
Other Income
6.68
2.66
9.51
37.13
10.6
4.77
3.67
57.08
35.37
2.4
3.73
6.7
20.16
Interest
9.2
8.18
7.43
6.33
6.01
5.49
5.36
4.57
4.45
4.24
4.23
4.13
3.28
Depreciation
20.06
18.37
21.33
20.27
18.47
17.58
19.86
21.71
18.36
16.94
19.9
20.19
15.84
PBT
67.6
44.09
51.39
85.2
48.5
13.4
52.47
35.58
44.74
3.97
6.86
9
6.55
Tax %
2.28%
2.09%
9.38%
17.12%
13.59%
19.33%
17.44%
−43.82%
1.94%
28.72%
−20.7%
13.78%
4.89%
Net Profit
66.07
43.18
46.57
70.61
41.92
10.81
43.32
51.16
43.87
2.83
8.28
7.77
6.24
EPS (₹)
5
3.27
3.52
5.34
3.17
0.82
3.28
3.87
3.32
0.21
0.63
0.59
0.47

Profit & Loss

₹ Cr
HINDOILEXP profit and loss, annual, ₹ crore
Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales
59
48
26
49
265
202
114
156
558
749
421
263
299
Expenses
68
45
24
18
77
77
59
77
245
440
247
153
217
Operating Profit
−9
3
1
31
188
125
55
78
312
309
174
110
82
OPM %
−16%
6%
5%
63%
71%
62%
48%
50%
56%
41%
41%
42%
28%
Other Income
−1,156
20
48
16
15
48
27
−23
−3
52
76
48
33
Interest
15
5
0
1
2
6
6
9
38
32
22
18
16
Depreciation
39
12
10
8
44
29
23
26
74
80
78
75
73
PBT
−1,219
6
40
38
157
137
52
20
197
248
150
65
26
Tax %
0%
11%
10%
0%
0%
0%
−3%
−2%
2%
9%
2%
3%
—
Net Profit
−1,220
5
36
38
157
138
53
20
194
226
147
63
25
EPS (₹)
−93.46
0.38
2.76
2.88
12.01
10.4
4.04
1.51
14.67
17.12
11.13
4.75
1.9
Div. Payout %
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
—

Balance Sheet

₹ Cr
HINDOILEXP balance sheet, annual, ₹ crore
Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital
131
131
131
131
131
132
132
132
132
132
132
132
Reserves
150
175
211
253
410
547
601
621
815
1,042
1,189
1,252
Borrowings
0
0
0
0
12
45
254
357
364
174
121
50
Other Liabilities
154
186
183
160
182
311
198
417
539
603
521
736
Total Liabilities
435
491
525
544
734
1,036
1,185
1,527
1,850
1,951
1,962
2,170
Fixed Assets
80
68
232
281
384
357
335
510
1,246
1,247
1,191
1,451
CWIP
118
130
6
6
26
327
535
782
32
38
48
87
Investments
28
74
160
51
137
118
65
19
133
0
0
0
Other Assets
210
219
127
207
187
233
251
216
439
666
723
632
Total Assets
435
491
525
544
734
1,036
1,185
1,527
1,850
1,951
1,962
2,170

Cash Flow

₹ Cr
HINDOILEXP cash flow, annual, ₹ crore
Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating
12
94
98
−7
167
287
−77
111
219
123
161
178
Investing
2
−1
−32
−60
−148
−297
−208
−280
−77
−39
−83
−93
Financing
−24
0
0
0
0
34
206
106
−27
−215
−78
−80
Net Cash Flow
−10
93
67
−67
20
24
−79
−63
115
−132
0
6
Free Cash Flow
7
85
49
−56
50
−16
−283
−155
148
104
128
3
CFO/OP
−140
2,057
1,901
−26
89
231
−145
137
72
42
96
156

Ratios

HINDOILEXP financial ratios, annual
Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days
34
31
74
124
56
66
100
38
77
153
105
42
Inventory Days
1,238
769
—
—
—
—
—
—
—
—
—
—
Days Payable
714
291
—
—
—
—
—
—
—
—
—
—
Cash Conversion Cycle
558
508
74
124
56
66
100
38
77
153
105
42
Working Capital Days
463
395
−384
137
33
−241
−221
−612
−177
33
124
−6
ROCE %
−5%
2%
3%
9%
33%
18%
5%
6%
20%
18%
12%
3%

Insights

Beta

AI-extracted from concalls & annual reports · figures as reported, with sources

Log in to view Hindustan Oil Exploration insights

60 extracted metrics across FY12–FY27.

Shareholding Pattern

As of Sep 2026

  • Others 49.98%
  • Public 47.93%
  • FIIs 1.95%
  • DIIs 0.14%

No promoter shares pledged as of Sep 2026

Change vs previous quarter

Not shown for some quarters: Others. Not available separately for this quarter: the shareholding filing gives Public and Others as one figure, shown under Public, so Others is left blank rather than estimated.

Documents

Frequently Asked Questions about Hindustan Oil Exploration Company

What does Hindustan Oil Exploration Company Ltd do?
Hindustan Oil Exploration Company Limited was incorporated in 1983, It is engaged in the exploration, development and production of crude oil and natural gas in India, both onshore and offshore.
Where is Hindustan Oil Exploration Company Ltd (HINDOILEXP) listed?
Hindustan Oil Exploration Company Ltd trades as HINDOILEXP on the NSE and under code 500186 on the BSE.
Which sector does Hindustan Oil Exploration Company Ltd belong to?
Hindustan Oil Exploration Company Ltd is classified under the Oil & Gas sector, in the Oil Exploration & Production industry.
What is the PE ratio of Hindustan Oil Exploration Company Ltd?
Hindustan Oil Exploration Company Ltd trades at a PE ratio of 81.92 as of 4 Nov 2026, on earnings per share of ₹1.9, against a book value of ₹104.71 per share.
What is the 52-week high and low of Hindustan Oil Exploration Company Ltd?
Over the last 52 weeks Hindustan Oil Exploration Company Ltd has traded between ₹117.5 and ₹201.44 as of 4 Nov 2026.
What is the Return on Equity (ROE) of Hindustan Oil Exploration Company Ltd?
Hindustan Oil Exploration Company Ltd reported a return on equity of 2.13%. Its debt-to-equity ratio is 0.04.

Company Information

Hindustan Oil Exploration Company Limited was incorporated in 1983, It is engaged in the exploration, development and production of crude oil and natural gas in India, both onshore and offshore. The company is India's first private E&P company and its assets are geographically spread across Tamil Nadu, Maharashtra, Gujarat, Assam and Arunachal Pradesh (both offshore and onshore).

Website hoec.com
CEO Mr. Ramasamy Jeevanandam
Employees 119
Listed 23 Sep 2003
Face Value ₹10

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