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Hindustan Oil Exploration Company Limited

Hindustan Oil Exploration Company Limited

NSE: HINDOILEXP
Oil & Gas E&PEnergySMALL CAPMCap ₹2.20k Cr
₹166.43₹-3.69 (-2.17%)

Market Closed • NSE

Market cap₹2.20k Cr
Enterprise value₹2.25k Cr
P/E TTM87.59
P/B1.58
EPS TTM₹1.90
D/E3.59
Dividend yield0.00%
52W high₹201.44
52W low₹117.50
Price chart(1Y)
1Y Return:+0.54% (+₹0.90)
H: ₹201.44L: ₹149.92
1W-2.01%
1M-8.02%
3M+2.45%
6M+7.64%
1Y+3.58%
Today at a glance

Day range

₹165.61₹172.59

52 week range

₹117.50₹201.44
Volume250.0K0.64x 20D avg
Free float50.00%-35.70% volume

Hindustan Oil Exploration Company Limited closed at INR166.43 (-2.17%) on volume 0.64x its 20-day average, trading 17.38% below its 52-week high.

Technical analysis
RSI (14)42.8Neutral (30–70)
MACDBEARISHBearish (Below signal)
ATR (14)₹6.18High
SMA 20₹171.62BEARISH
SMA 50₹170.19BEARISH
SMA 100₹166.03BULLISH
SMA 200₹157.51BULLISH
CPR bottom₹171.76
Pivot₹171.22
CPR top₹170.67
What changed recently?

2026-Q1

Q1 FY2026 Financial Results

PAT moved -6.1% QoQ

2024-09-19

AGM Announced

Annual General Meeting

2023-09-20

AGM Announced

Annual General Meeting

Shariah audit
Methodology: AAOIFI Shariah Standard No. 21
PASS4/4 criteria
Shariah Compliant
CriteriaNumeratorDenominatorValueThresholdStatus
Interest-bearing debt ratio₹49.8 Cr₹2.20k Cr2.26%≤ 33%PASS
Non-halal income ratio–₹263.2 Cr0.00%≤ 5%PASS
Illiquid assets ratio₹2.15k Cr₹2.17k Cr99.09%≥ 20%PASS
Receivables ratio–₹2.17k Cr—≤ 49%PASS
Valuation & sector context
MetricCompanySector
P/E87.5915.50
Forward P/E——
P/B1.582.10
EV/EBITDA—18.00
PEG—0.80
Earnings yield1.106.50
Growth & profitability
RevenuePAT
FY19PAT margin 60.30%
FY20PAT margin 69.90%
FY23PAT margin 34.70%
FY24PAT margin 30.20%
FY25PAT margin 35.00%
FY26PAT margin 23.80%

Revenue and PAT bars use independent scales to make their year-on-year direction readable.

Revenue CAGR 3Y-22.20%
Revenue CAGR 5Y+1.30%
PAT CAGR 3Y-31.40%
PAT CAGR 5Y-15.90%
Operating margin-11.10%
Net margin8.41%
Financial health & cash flow
Net debt₹30.0 CrModerate
Interest coverage2.00xEBIT / interest
CFO / PAT1.06x3Y average
Net debt / EBITDA—Leverage
Operating cash flow₹177.8 Cr
Capital expenditure–
Free cash flow₹2.6 Cr
Financial statements

Complete reported financial history · Values use the company's reporting currency

Hover over the chart for exact reported values. Percentage lines use the right-hand axis.

Fundamental scorecard
Overall35/100
Valuation35/100
Profitability50/100
Financial health20/100

A 0–100 quantitative summary of reported fundamentals. Use the underlying financials and risks for context; the score is not a buy or sell recommendation.

Strengths, risks & investment thesis

Strengths

High Cash Flow Conversion: CFO/PAT averaged 1.06x over last 3 years

Risks

Elevated Leverage Burden: Debt-to-Equity stands at 3.59x

Stretched Valuation: Trading at a high P/E multiple of 87.6x

Bull case

Market Leadership: Established operational scale in Oil & Gas E&P.

Bear case

Macro Headwinds: Fluctuations in interest rates and sector-specific policy shifts could compress multiples.

Flip condition

Sustained quarterly EBITDA margin expansion above 20% would trigger an upgrade.

Corporate Action

Complete dividend, bonus, split, rights and other action history

Record dateCorporate actionInformationAnnouncement dateEx-date
—Annual General MeetingAnnual General Meeting—19 Sept 2024
—Annual General MeetingAnnual General Meeting—20 Sept 2023
—Annual General MeetingAnnual General Meeting—20 Sept 2022
—Annual General MeetingAnnual General Meeting—20 Sept 2021
—Annual General MeetingAnnual General Meeting—22 Sept 2020
—Annual General MeetingAnnual General Meeting—16 Aug 2019
—Annual General MeetingAnnual General Meeting—10 Aug 2018
—Annual General MeetingAnnual General Meeting—15 Sept 2017
—Annual General MeetingAnnual General Meeting—16 Sept 2016
—Annual General MeetingAnnual General Meeting—15 Sept 2015
Delivery participation

Traded volume and delivery percentage across the latest 20 sessions

Average delivery (20D)46.51%+12.37% latest vs average
Highest delivery58.88%on 16 Oct
Average volume (20D)388.6KTrading-session average
Conviction trendStrengthening+12.37% latest reading
Traded volumeDelivery %
Peer comparison

Compare valuation, latest quarterly performance and year-on-year growth

8 companies
Company nameMarket cap ₹ CrP/E ratioDividend yield %Quarterly sales ₹ CrProfit after tax ₹ CrSales growth %Profit growth %
Reliance Industries Limited
Reliance Industries LimitedRELIANCE
Open analysis
₹16.39L21.930.49%₹3.09L₹23,196.00+27.02%-24.65%
Adani Enterprises Limited
Adani Enterprises LimitedADANIENT
Open analysis
₹3.64L43.390.05%₹5,954.00-₹890.00+1.29%-280.16%
Oil and Natural Gas Corporation Limited
Oil and Natural Gas Corporation LimitedONGC
Open analysis
₹2.79L6.426.45%₹2.05L₹6,554.00+25.68%-43.28%
Coal India Limited
Coal India LimitedCOALINDIA
Open analysis
₹2.57L8.226.34%₹48,295.27₹8,852.11+51.49%+1.24%
Indian Oil Corporation Limited
Indian Oil Corporation LimitedIOC
Open analysis
₹1.84L5.292.52%₹2.66L-₹1,141.00+38.51%-116.76%
Bharat Petroleum Corporation Limited
Bharat Petroleum Corporation LimitedBPCL
Open analysis
₹1.27L7.326.81%₹1.51L-₹1,873.00+34.41%-127.39%
Hindustan Petroleum Corporation Limited
Hindustan Petroleum Corporation LimitedHINDPETRO
Open analysis
₹73,622.6644.086.96%₹1.41L-₹12,265.00+26.85%-398.35%
Oil India Limited
Oil India LimitedOIL
Open analysis
₹72,384.058.662.92%₹9,293.27₹2,099.61+5.51%+60.26%
About Hindustan Oil Exploration Company Limited
Hindustan Oil Exploration Company Limited

Hindustan Oil Exploration Company Limited, together with its subsidiaries, engages in the exploration, development, and production of onshore and offshore crude oil and natural gas in India. It also provides oil field equipment and services. The company was incorporated in 1983 and is based in Chennai, India.

IndiaEnergy

Questions investors ask
Is Hindustan Oil Exploration Company Limited Shariah compliant?

Hindustan Oil Exploration Company Limited is currently screened as Shariah Compliant under AAOIFI Shariah Standard No. 21. Business activities align with Shariah permissible sectors. Debt to Market Cap (2.26%) complies with AAOIFI threshold (≤ 33%).

What is Hindustan Oil Exploration Company Limited's current valuation relative to peers?

Hindustan Oil Exploration Company Limited trades at a P/E of 87.6x compared to the sector median of 15.5x, and a Price-to-Book of 1.6x.

Is the company financially healthy?

The company has a Debt-to-Equity ratio of 3.59x. Interest coverage is 2x.

What are the historical revenue and profit growth rates?

Over the past 5 years, revenue compounded at 1.3% while net profit growth averaged -15.9%.

Market data is informational and may be delayed. Shariah screening follows the displayed methodology. This is not investment advice.

Market data may be delayed. Quote date: 2026-10-16. Financial figures relate to their stated reporting periods. This information is for research and is not a recommendation to buy or sell.