HINDUSTAN OIL EXPLORATION·OIL REFINING 54.00·Oil Companies

Price

160.08

-0.28%
O:161.99
H:161.99
L:157.72
C:160.08

52W Range

117.5188.65
+36%/-15%

Market Cap

₹2,117.77 Cr

Traded: ₹6.84 Cr (0.32%) 0.0x

Free Float: ₹1,208.19 Cr (0.57% of FF traded)

Volume · 60D trend

4.29 L 0.0x

Delivery: % 0.0x

View Delivery Data

Returns

1W:+0% 1M:-4% 3M:+4% 6M:+19% 12M:-1%

Valuation

P/E19.9
P/B1.5
P/S4.1
EV/EBIT12.9

Business Strength

ROE11.8%
ROCE12.3%
OPM41.3%
NPM34.9%

Growth (3Y CAGR)

EPS-35.0%
Sales+39.0%
Profit+39.0%
3Y Return-4.0%

Balance Sheet

Debt/Equity0.1
Debt76.9 Cr
Pledge0.0%
CWIP/Fixed Asset4.1%

Cash Position

CFO/NP109.5%
FCF128 Cr
FCF 3Y Avg380 Cr
Cash/MCap4.0%

Others

Div Yield0.0%
Div Payout0.0%
Cash Conv. Cycle105 days
Tradeable Free Float57.0%

MTF Exposure Trend

60 sessions · funded amount, % of FF, daily delta

Current
₹ 83.17 Cr
6.88% FF
60d high
₹ 92.68 Cr
60d low
₹ 67.19 Cr
60d mean
₹ 75.66 Cr
vs mean
▲ 9.92%

Growth Trends

Metric10Y5Y3Y1YTTMTrend
ROE
+14.0%
+14.0%
+17.0%
--
--
Stable
Sales
+22.0%
+16.0%
+39.0%
--
-23.0%
Stable
Profit
+16.0%
+7.0%
+39.0%
--
-47.0%
Stable
Return
+17.0%
+10.0%
-4.0%
+3.0%
--
Stable

Quarterly Results

Dec 2025

13 Feb
Rev
75 Cr
-49% YoY-76% QoQ
OPM36.2%
NPM11.0%
PAT
-81% YoY8 Cr
EPS
-81% YoY0.6

Sep 2025

PDF
Rev
315 Cr
+232% YoY+301% QoQ
OPM7.2%
NPM0.9%
PAT
-74% YoY3 Cr
EPS
-74% YoY0.2

Jun 2025

PDF
Rev
79 Cr
-42% YoY+81% QoQ
OPM40.9%
NPM55.8%
PAT
-71% YoY44 Cr
EPS
+5% YoY3.3

Mar 2025

PDF
Rev
43 Cr
-85% YoY-70% QoQ
OPM11.0%
NPM117.9%
PAT
+18% YoY51 Cr
EPS
-28% YoY3.9

Dec 2024

PDF
Rev
147 Cr
-18% YoY+55% QoQ
OPM50.5%
NPM29.6%
PAT
-7% YoY43 Cr
EPS
-7% YoY3.3

Sep 2024

PDF
Rev
95 Cr
-16% YoY-30% QoQ
OPM33.4%
NPM11.4%
PAT
-75% YoY11 Cr
EPS
-75% YoY0.8

Jun 2024

PDF
Rev
136 Cr
-19% YoY-53% QoQ
OPM45.8%
NPM30.8%
PAT
-37% YoY42 Cr
EPS
-37% YoY3.2

Mar 2024

PDF
Rev
290 Cr
+65% YoY+62% QoQ
OPM25.8%
NPM24.4%
PAT
-59% YoY71 Cr
EPS
-34% YoY5.3

Dec 2023

PDF
Rev
179 Cr
+5% YoY+59% QoQ
OPM39.5%
NPM26.0%
PAT
-6% YoY47 Cr
EPS
+25% YoY3.5

Sep 2023

PDF
Rev
113 Cr
-9% YoY-33% QoQ
OPM60.3%
NPM38.3%
PAT
+144% YoY43 Cr
EPS
+144% YoY3.3

Jun 2023

PDF
Rev
168 Cr
+87% YoY-4% QoQ
OPM53.8%
NPM39.4%
PAT
+104% YoY66 Cr
EPS
--5.0

Mar 2023

PDF
Rev
175 Cr
+315% YoY+3% QoQ
OPM77.4%
NPM60.9%
PAT
+1501% YoY107 Cr
EPS
--8.1

Dec 2022

PDF
Rev
170 Cr
+287% YoY+36% QoQ
OPM46.9%
NPM22.0%
PAT
+159% YoY37 Cr
EPS
--2.8

Sep 2022

Rev
125 Cr
----
OPM36.1%
NPM14.2%
PAT
+4% YoY18 Cr
EPS
--1.3

Revenue & Margin Trends

Annual

Quarterly

Balance Sheet Health

Leverage

Debt / Equity0.06
Interest Coverage6.2x
Promoter Pledge0.0%
Borrowings77 Cr

Efficiency

Receivable Days105 days
Inventory Days days
Payable Days days
Cash Conversion cycle105 days

Cash Position

Operating Cash Flow161 Cr
Investing Cash Flow-83 Cr
Financing Cash Flow-78 Cr
Free Cash Flow128 Cr

Detailed Financials

Dec 2025PDF ↗
Sep 2025PDF ↗
Jun 2025PDF ↗
Mar 2025PDF ↗
Dec 2024PDF ↗
Sep 2024PDF ↗
Jun 2024PDF ↗
Mar 2024PDF ↗
Dec 2023PDF ↗
Sep 2023PDF ↗
Jun 2023PDF ↗
Mar 2023PDF ↗
Dec 2022PDF ↗
Sep 2022
Sales75315794314795136290179113168175170125
Expenses4829246397363742151084577409080
Operating Profit2723325743262757168901358045
OPM %36.2%7.2%40.9%11.0%50.5%33.4%45.8%25.8%39.5%60.3%53.8%77.4%46.9%36.1%
Other Income42355745113710374-101
Interest4445556678971212
Depreciation2017182220181820211820232216
Profit Before Tax744536521349855144681103619
Tax %-20.7%28.7%1.9%-43.8%17.4%19.3%13.6%17.1%9.4%2.1%2.3%3.1%-3.9%4.5%
Net Profit834451431142714743661073718
Exceptional Items00330000330000-120
EPS (Rs)0.60.23.33.93.30.83.25.33.53.35.08.12.81.3
Sales Growth (YoY)-48.5%232.3%-42.2%-85.0%-18.2%-16.0%-18.8%65.4%5.5%-9.4%87.4%314.8%286.6%--
Sales Growth (QoQ)-76.1%300.5%81.3%-70.4%54.5%-30.4%-53.0%61.7%58.7%-32.7%-4.3%3.1%36.3%--
OP Growth (YoY)-63.2%-28.2%-48.4%-93.6%4.8%-53.4%-30.8%-44.9%-11.3%51.2%--------
OP Growth (QoQ)19.8%-29.3%573.2%-93.5%133.5%-49.2%-16.5%5.7%3.9%-24.6%-33.4%70.2%77.1%--
Profit Growth (YoY)-81.0%-74.0%-71.0%18.0%-7.0%-75.0%-37.0%-59.0%-6.0%144.0%104.0%1501.0%159.0%4.0%
EPS Growth (YoY)-80.8%-74.4%4.7%-27.5%-6.8%-74.9%-36.6%-33.8%24.8%144.0%--------
EPS Growth (QoQ)200.0%-93.7%-14.2%18.0%300.0%-74.1%-40.6%51.7%7.7%-34.6%-38.0%185.8%110.5%--
OP Margin36.2%7.2%40.9%11.0%50.5%33.4%45.8%25.8%39.5%60.3%53.8%77.4%46.9%36.1%
Net Margin11.0%0.9%55.8%117.9%29.6%11.4%30.8%24.4%26.0%38.3%39.4%60.9%22.0%14.2%
Material Cost %-29.3%72.2%-19.7%-173.1%-20.0%-14.3%-18.1%36.4%-2.1%-37.8%-16.0%-21.2%-9.5%1.0%
Employee Cost %1.1%0.1%0.6%0.6%0.5%0.6%0.5%0.2%0.3%0.4%0.1%0.1%0.2%0.0%
P/S4.132.97------------------------
P/E19.9412.25------------------------
P/B1.531.27------------------------

Shareholding Pattern

Shareholders:94.7K (+22.7%)
Current MixMar 2026

Exchange Filings

50
Company Update24 Jun 2026

In continuation of our intimation dated June 23, 2026, we hereby submit copies of newspaper advertisement regarding dispatch of Postal Ballot Notice dated June 11, 2026 and Remote E-Voting ....

AGM/EGM23 Jun 2026

Notice of Postal Ballot notice intimation is attached herewith.

Company Update19 Jun 2026

Pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015 please find attached the Transcript of the Earnings Call for the Q4 FY 2025-26 held on June 12, 2026.

Company Update19 Jun 2026

Pursuant to Regulation 30 of SEBI (LODR) Regulations 2015, please find attached the Transcript of the Earnings Call for the Q4 FY 2025-26 held on June 12, 2026.

Company Update14 Jun 2026

Disclosure pursuant to Reg.30 of SEBI (LODR) Regulations, 2015 is attached herewith.

Company Update14 Jun 2026

Announcement regarding cessation of Mr. Pronip Kumar Borthakur on completion of his tenure as Non-Executive Independent Director.

Company Update13 Jun 2026

Pursuant to Reg.47 of SEBI (LODR) Regulations, 2015, the copy of Newspaper advertisements published in Business Line, Business Standard and Loksatta pertaining to the Financial Results ....

Company Update12 Jun 2026

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the audio recording of the Earnings Call held on June 12, 2026, with respect to ....

Company Update12 Jun 2026

In connection with the Earnings Call scheduled on June 12, 2026, please find attached the Earnings Presentation.

Result11 Jun 2026

Financial results for the quarter and financial year ended March 31, 2026 is attached.

Board Meeting11 Jun 2026

Outcome of the Board meeting held on June 11, 2026 and Financial results for the quarter and financial year ended March 31, 2026

Company Update10 Jun 2026

Update on Block B-80

Company Update08 Jun 2026

The Earnings Call Invite with respect to the Audited financial results of the Company for the quarter and financial year ended March 31, 2026 is enclosed.

Board Meeting08 Jun 2026

Hindustan Oil Exploration Company Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 11/06/2026 ,inter alia, to consider and approve the audited ....

Company Update29 May 2026

Annual Secretarial Compliance Report for the year ended March 31, 2026 is attached herewith.

Company Update28 May 2026

The Investors Earnings call of the Company with respect to audited financial statements for the financial year ended March 31, 2026 is scheduled on June 12, 2026.

Company Update27 May 2026

Delay in submission of audited financial statements for financial year 2025-26 under Regulation 33 of SEBI (LODR) Regulations, 2015

Company Update18 May 2026

Disclosure made under Regulation 30 of SEBI (LODR) Regulations, 2015

Company Update18 May 2026

Disclosure made under Regulation 30 of SEBI (LODR) Regulations, 2015

Company Update12 May 2026

Announcement regarding change in Directorate - Appointment of Ms. Preeti Grover as Additional Director (Non-Executive Independent) is attached.

Company Update05 May 2026

Disclosure under Regulation 30 - Administrative Warning letter received from SEBI

Company Update10 Apr 2026

Certificate under Reg. 74(5) of SEBI (DP) Regulations, 2018 for the quarter ended March 31, 2026 is attached herewith.

Company Update08 Apr 2026

Please find attached our clarification regarding Increase in Volume of security of the Company

Insider Trading / SAST31 Mar 2026

Pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015, as amended from time to time, read with the Company''s code of conduct for regulating, monitoring and reporting of trading ....

Company Update30 Mar 2026

In furtherance of our intimation dated March 24, 2026 regarding changes in Key Managerial Personnel, information as required under Regulation 30 - Part A of Para A of Schedule III of SEBI ....

AGM/EGM30 Mar 2026

Result of Postal Ballot (Remote E-voting) as per Reg. 44 of SEBI (LODR) Regulations, 2015 and Scrutinizer''s Report is attached herewith

AGM/EGM30 Mar 2026

Result of Postal Ballot (Remote E-Voting) as per Reg.44 of SEBI (LODR) Regulations, 2015 and Scrutinizer''s Report is attached herewith.

Others24 Mar 2026

The Outcome of the Board Meeting held on March 24, 2026 is attached herewith.

Company Update24 Mar 2026

The Outcome of the Board Meeting held on March 24, 2026 is attached herewith.

Company Update11 Mar 2026

Please find attached our clarification to your email bearing re. no. L/SURV/ONL/PV/APJ/2025-2026/3419 dated March 10, 2026.

Company Update10 Mar 2026

The Exchange has sought clarification from Hindustan Oil Exploration Company Ltd on March 10, 2026 with reference to significant movement in price, in order to ensure that investors have ....

BSE
Company Update28 Feb 2026

In continuation of our intimation dated February 27, 2026, we hereby submit copies of Newspaper advertisement regarding dispatch of Postal Ballot Notice dated February 25, 2026 and Remote ....

AGM/EGM27 Feb 2026

Notice of Postal Ballot is attached herewith.

Company Update25 Feb 2026

The outcome of the Board Meeting held on February 25, 2026 is attached herewith.

Others25 Feb 2026

Outcome of the Board meeting held on February 25, 2026 is attached

Company Update25 Feb 2026

The Transcript of Earnings call held on February 18, 2026 is attached herewith.

Company Update25 Feb 2026

The Transcript of Earnings call held on February 18, 2026 is attached herewith.

Company Update23 Feb 2026

Disclosure pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 is attached herewith.

Company Update19 Feb 2026

Pursuant to the provisions of Regulation 30 read with Schedule-III of SEBI (LODR) Regulations, 2015, the details as required under Clause 20 of Para-A of Part-A of Schedule III is attached.

Company Update18 Feb 2026

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the audio recording of the Earnings Call held on February 18, 2026, with respect ....

Company Update16 Feb 2026

In connection with the Earnings Call scheduled on February 18, 2026, please find attached the Earnings Presentation.

Company Update16 Feb 2026

The Earnings Call Invite with respect to the unaudited financial results of the Company for the quarter ended December 31, 2025 is enclosed.

Company Update14 Feb 2026

Copy of the newspaper advertisement towards publication of unaudited financial results for the quarter ended December 31, 2025 is attached

Result13 Feb 2026

Unaudited Standalone and Consolidated Financial results for the quarter ended December 31, 2025 is attached herewith.

Board Meeting13 Feb 2026

Outcome of Board Meeting held on February 13, 2026 regarding unaudited financial results for the quarter ended December 31, 2025 is attached herewith.

Board Meeting05 Feb 2026

Hindustan Oil Exploration Company Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 13/02/2026 ,inter alia, to consider and approve the unaudited ....

Others23 Jan 2026

Outcome of the Board meeting held on January 23, 2026 is attached

Company Update19 Jan 2026

In continuation of our previous intimations dated August 25, 2020, August 30, 2020, September 03, 2020, September 09, 2020, April 19, 2023 and September 21, 2023 regarding the enforcement ....

Company Update09 Jan 2026

Certificate under Reg.74(5) of SEBI (DP) Regulations, 2018 for the quarter ended December 31, 2025 is attached herewith.

Insider Trading / SAST30 Dec 2025

Pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015, as amended from time to time, read with the Company''s code of conduct for regulating, monitoring and reporting of trading ....

Annual Reports

14

2025

2024

2023

2022

2021

2020

2019

2018

2017

2016

2015

2014

2013

2012

Credit Ratings

2
icraRating update
21 Aug 2017Report
icraRating update
09 Aug 2016Report

Concalls

55

Feb 2026

28 Feb 2026

Feb 2026

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Nov 2025

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Apr 2016

30 Apr 2016