Hindustan Oil Exploration Company Ltd
HINDOILEXP NSE
Hindustan Oil Exploration Company Ltd
Oil & GasNSE: HINDOILEXP BSE: 500186 Oil Exploration & Production
Key Fundamentals
MicrocapOil Exploration & ProductionOil & GasMarket Cap
₹2,070 Cr
Volatility
Moderate
P/E Ratio
81.18
EBITDA
₹109 Cr
Return on Equity
11.14%
Debt to Equity
0.04
Book Value
₹104.71
EPS
₹13.24
52W High
₹188.65
52W Low
₹117.5
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
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50 extracted metrics + investor summaries across FY14–FY26.
Tapetide Score
Data-driven rating, 0–100. How it works →
Technical Indicators
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 10.2% over last 3 years.
- Earnings include an other income of Rs.33.0 Cr.
- Company's cost of borrowing seems high
Growth Rate
Revenue Growth
-47.05% ↘
Net Income Growth
-58.00% ↘
Cash Flow Change
30.86% ↗
ROE
-42.22% ↘
ROCE
-42.57% ↘
EBITDA Margin (Avg.)
-30.26% ↘
Quarterly Results
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 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 in Rs | 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
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 154 | 217 |
| Operating Profit | -9 | 3 | 1 | 31 | 188 | 125 | 55 | 78 | 312 | 309 | 174 | 109 | 82 |
| OPM % | -16% | 6% | 5% | 63% | 71% | 62% | 48% | 50% | 56% | 41% | 41% | 41% | 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 | 17 | 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 in Rs | -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
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 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 | 2,171 |
| 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 | 2,171 |
Cash Flow
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 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 | 158 |
Ratios
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 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% |
Documents
1
Disclosure Under Regulation 30 Of The SEBI (LODR) Regulations, 2015 - Administrative Warning Letter Received From The SEBI ('The SEBI')
5 May - SEBI issued an administrative warning letter for delayed Regulation 30 compliance on May 4, 2026. 5 May - SEBI issued an administrative warning letter for delayed Regulation 30 compliance on May 4, 2026.
2
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
10 Apr - Certificate under Reg. 74(5) of SEBI (DP) Regulations, 2018 for the quarter ended March 31, 2026 is attached herewith. 10 Apr - Certificate under Reg. 74(5) of SEBI (DP) Regulations, 2018 for the quarter ended March 31, 2026 is attached herewith.
3
Clarification Regarding An Increase In Volume Of Security Of The Company
8 Apr - HOEC clarifies it is unaware of reasons for increased trading volume. 8 Apr - HOEC clarifies it is unaware of reasons for increased trading volume.
4
Closure of Trading Window
31 Mar - Trading window closed from April 1, 2026 until 48 hours after audited FY2026 results declaration. 31 Mar - Trading window closed from April 1, 2026 until 48 hours after audited FY2026 results declaration.
5
Announcement under Regulation 30 (LODR)-Change in Management
30 Mar - CFO N Sivalai Senthilnathan resigned effective March 28, 2026 for personal reasons. 30 Mar - CFO N Sivalai Senthilnathan resigned effective March 28, 2026 for personal reasons.
Frequently Asked Questions about Hindustan Oil Exploration Company Ltd
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. The company is India's first private E&P company and its assets are geographically spread across Tamil...
Where is Hindustan Oil Exploration Company Ltd (HINDOILEXP) listed?
Hindustan Oil Exploration Company Ltd is listed on the Indian stock exchanges. It is listed on NSE: HINDOILEXP and BSE: 500186. You can view its live share price, financials, and ratios on Tapetide.
Which sector does Hindustan Oil Exploration Company Ltd belong to?
Hindustan Oil Exploration Company Ltd operates in the Oil & Gas sector within the Oil Exploration & Production industry. Sector classification helps investors compare companies affected by similar economic conditions and regulatory changes.
What is the market capitalisation of Hindustan Oil Exploration Company Ltd?
Hindustan Oil Exploration Company Ltd has a market capitalisation of approximately ₹2070.27 Cr. Based on this, it is classified as a Small Cap stock.
What is the PE ratio of Hindustan Oil Exploration Company Ltd?
The Price-to-Earnings (PE) ratio of Hindustan Oil Exploration Company Ltd is 81.18. The PE ratio compares a company's share price to its earnings per share and is commonly used to assess whether a stock is overvalued or undervalued relative to its peers.
What is the 52-week high and low of Hindustan Oil Exploration Company Ltd?
Over the past 52 weeks, Hindustan Oil Exploration Company Ltd has traded between a low of ₹117.5 and a high of ₹188.65. This range helps investors understand the stock's price volatility and recent trading levels.
What is the Return on Equity (ROE) of Hindustan Oil Exploration Company Ltd?
Hindustan Oil Exploration Company Ltd has a Return on Equity (ROE) of 11.14%. ROE measures how effectively a company uses shareholders' equity to generate profits. A higher ROE generally indicates better capital efficiency.
How can I research Hindustan Oil Exploration Company Ltd on Tapetide?
On Tapetide, you can view Hindustan Oil Exploration Company Ltd's live share price, quarterly results, profit & loss statements, balance sheet, cash flow, key ratios, shareholding pattern, technical indicators, analyst ratings, and forecasts — all on a single page without needing to sign up.
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). [1][2][3]
Website hoec.com
CEO Mr. Ramasamy Jeevanandam
Employees 119
Listed 2003-09-23
Face Value ₹ 10
Issued Size 13,22,94,300