Is Hindustan Oil Exploration Company Ltd (HINDOILEXP) a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Hindustan Oil Exploration Company Ltd is a average quality company .

Is Hindustan Oil Exploration Company Ltd (HINDOILEXP) undervalued or overvalued?

The key valuation ratios of Hindustan Oil Exploration Company Ltd's currently when compared to its past seem to suggest it is in the Undervalued zone .

What is Hindustan Oil Exploration Company Ltd (HINDOILEXP) share price return in the past 10 years?

Hindustan Oil Exploration Company Ltd share price has appreciated 16.9% annually (CAGR) over the past ten years.

Is Hindustan Oil Exploration Company Ltd (HINDOILEXP) a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Strong which suggest that the price of Hindustan Oil Exploration Company Ltd is likely to Rise in the short term. However, please check the rating on Quality and Valuation before investing

What is the share price of Hindustan Oil Exploration Company Ltd (HINDOILEXP)?

Company share prices are keep on changing according to the market conditions. The current trading price of Hindustan Oil Exploration Company Ltd (HINDOILEXP) on 17-Apr-2026 16:59:59 at 16:59 is 158.75.

What is the market cap of Hindustan Oil Exploration Company Ltd (HINDOILEXP)?

Market capitalization is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 17-Apr-2026 at 16:59, the market cap of Hindustan Oil Exploration Company stood at Rs. 2099.36 Cr.

What is the P/E ratio of Hindustan Oil Exploration Company?

The latest standalone P/E ratio of Hindustan Oil Exploration Company as of 17-Apr-2026 is 10.03.

What is the P/B ratio of Hindustan Oil Exploration Company Ltd (HINDOILEXP)?

The latest standalone P/B ratio of Hindustan Oil Exploration Company Ltd (HINDOILEXP) as of 17-Apr-2026 is 1.70.

What is the 52-week high and low of Hindustan Oil Exploration Company Ltd (HINDOILEXP)?

The 52-week high of Hindustan Oil Exploration Company Ltd (HINDOILEXP) is Rs. 197.80 and the 52-week low is Rs. 117.80.

What is the TTM revenue of Hindustan Oil Exploration Company Ltd (HINDOILEXP)?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Hindustan Oil Exploration Company is Rs. 584.79 (Cr.).

Hindustan Oil Exploration Company Ltd (HINDOILEXP) Share Analysis – Quality, Valuation Zone & Price Trend & DeciZen Rating

Name: Hindustan Oil Exploration Company Ltd (HINDOILEXP)
Brand: Hindustan Oil Exploration Company

10 Year X-Ray :

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
ROCE % ⓘ	2.9%	12.9%	11.1%	33.9%	24.6%	9.2%	4.6%	17.5%	9.4%	14.4%	-
Value Creation Index ⓘ	-0.8	-0.1	-0.2	1.4	0.8	-0.3	-0.7	0.3	-0.3	0.0	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	28.3	25	48.7	237	180	99.4	131	381	464	306	585
Sales YoY Gr.	-	-11.7%	94.7%	386.3%	-24.1%	-44.7%	31.2%	192%	21.8%	-34%	-
Adj EPS ⓘ	-0	1.2	2.9	11.3	10	3.3	4.4	12.8	6.2	11.1	15.8
YoY Gr.	-	NA	135.8%	289.7%	-11.8%	-66.8%	31.7%	193.6%	-51.7%	80.3%	-
BVPS (₹) ⓘ	22.6	25.4	28.6	40	50.3	55.2	57.9	70.3	76.6	87.7	93.6
Adj Net Profit ⓘ	-0.1	16.1	37.8	148	132	43.8	57.7	169	81.7	147	209
Cash Flow from Ops. ⓘ	90.9	98.4	-6.8	159	196	-65.4	110	184	-19.7	101	-
Debt/CF from Ops. ⓘ	0	0	0	0	0	-2.3	2.3	1.6	-3.8	0.5	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	30.3%	11.2%	32.9%	-34%
Adj EPS ⓘ	NA	2.2%	36.7%	80.3%
BVPSⓘ	16.3%	11.8%	14.8%	14.4%
Share Price	16.9%	11%	5.7%	-10.7%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
Return on Equity % ⓘ	-0	5.1	10.7	32.9	22.2	6.3	7.7	20	8.4	13.6	17.5
Op. Profit Mgn % ⓘ	21.8	14.9	64.4	73.8	68	52.9	58.2	53.6	21.8	38.3	26.7
Net Profit Mgn % ⓘ	-0.4	64.2	77.7	62.3	73.3	44.1	44.2	44.4	17.6	48.1	35.8
Debt to Equity ⓘ	0	0	0	0	0	0.2	0.3	0.3	0.1	0	-
Working Cap Days ⓘ	2,730	1,837	771	199	374	1,001	961	422	446	757	156
Cash Conv. Cycle ⓘ	200	194	38	22	65	140	21	-12	23	141	77

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 17.50%

Sales growth is growing at healthy rate in last 3 years 32.86%

Net Profit is growing at healthy rate in last 3 years 36.71%

Sales growth is good in last 4 quarters at 115.65%

No data to display

	Standalone	Consolidated
TTM EPS (₹)	15.8	8
TTM Sales (₹ Cr.)	585	512
BVPS (₹) ⓘ	93.6	104.1
Reserves (₹ Cr.) ⓘ	1,106	1,244
P/BV ⓘ	1.70	1.53
PE ⓘ	10.03	19.78

From the Market
52 Week Low / High (₹)	117.80 / 197.80
All Time Low / High (₹)	7.82 / 398.90
Market Cap (₹ Cr.)	2,099
Equity (₹ Cr.)	132.2
Face Value (₹)	10
Industry PE ⓘ	11.9

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Sales	28	25	49	237	180	99	131	381	488	306
Operating Expenses ⓘ +	22	21	17	62	58	49	55	186	383	189
Manufacturing Costs	11	11	13	47	46	41	44	226	335	318
Material Costs	2	-0	-5	4	-0	-2	2	-59	32	-142
Employee Cost	2	1	6	4	5	1	1	1	1	1
Other Costs ⓘ	6	10	4	7	7	9	8	18	15	13
Operating Profit ⓘ	6	4	31	175	122	50	76	195	105	117
Operating Profit Margin (%)	21.8%	14.8%	64.4%	73.7%	67.9%	50.5%	58.2%	51.3%	21.6%	38.3%
Other Income ⓘ +	9	17	11	10	22	12	17	28	33	79
Exceptional Items ⓘ	5	29	4	2	26	28	-34	0	0	0
Interest ⓘ	5	0	1	2	5	6	8	32	23	17
Depreciation ⓘ	12	9	8	35	24	19	15	28	30	30
Profit Before Tax ⓘ	3	40	38	150	141	65	36	164	85	148
Tax ⓘ	-0	4	0	1	0	0	0	0	0	1
Profit After Tax	3	36	38	149	141	65	36	164	85	147
PAT Margin (%)	12.3%	145.4%	77.7%	62.9%	78.3%	65.4%	27.5%	43.0%	17.4%	48.2%
Adjusted EPS (₹)	0.3	2.8	2.9	11.4	10.7	4.9	2.7	12.4	6.4	11.2
Dividend Payout Ratio (%)	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Equity and Liabilities
Shareholders Fund +	295	331	374	522	665	730	766	930	1,012	1,159
Share Capital ⓘ	131	131	131	131	132	132	132	132	132	132
Reserves ⓘ	165	201	243	392	533	598	634	797	880	1,027
Debt +	0	0	0	0	0	88	167	193	49	25
Long Term Debt	0	0	0	0	0	88	161	73	49	25
Short Term Debt	0	0	0	0	0	0	6	120	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0
Trade Payables	7	18	18	11	13	12	17	95	146	134
Others Liabilities ⓘ	177	166	143	151	224	205	325	353	350	304
Total Liabilities ⓘ	478	515	534	684	901	1,035	1,275	1,571	1,557	1,622
Fixed Assets
Net Fixed Assets ⓘ +	68	231	279	339	318	301	289	795	793	784
Gross Block	2,293	2,463	2,520	2,612	2,615	2,616	2,621	3,154	3,323	3,344
Accumulated Depreciation	2,225	2,232	2,241	2,273	2,297	2,315	2,332	2,360	2,531	2,560
CWIP ⓘ	130	6	6	2	139	274	511	27	35	40
Investments ⓘ	67	152	42	171	151	90	60	174	60	60
Inventories	22	25	28	23	22	30	6	78	40	207
Trade Receivables	2	5	16	39	35	28	14	43	207	26
Cash Equivalents	53	34	92	25	64	46	45	57	36	97
Others Assets ⓘ	136	63	71	86	172	266	351	397	387	408
Total Assets ⓘ	478	515	534	684	901	1,035	1,275	1,571	1,557	1,622

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Cash Flow From Operating Activity ⓘ +	91	98	-7	159	196	-65	110	184	-15	101
PBT ⓘ	3	40	38	150	141	65	36	164	85	148
Adjustment ⓘ	9	-6	3	27	-14	-12	45	38	22	-32
Changes in Working Capital ⓘ	44	-8	-48	-21	69	-118	26	-17	-121	-13
Tax Paid ⓘ	35	73	1	3	0	-0	4	-1	-1	-2
Cash Flow From Investing Activity ⓘ +	-1	-32	-60	-149	-186	-165	-262	-60	110	-72
Capex	-9	-49	-48	-93	-140	-136	-176	-66	-15	-25
Net Investments	0	0	-15	7	-5	1	-20	-2	16	-60
Others ⓘ	8	17	3	-63	-41	-30	-66	8	109	13
Cash Flow From Financing Activity ⓘ +	0	0	0	0	2	150	105	2	-226	-30
Net Proceeds from Shares ⓘ	0	0	0	0	2	0	0	0	0	0
Net Proceeds from Borrowing ⓘ	0	0	0	0	0	150	100	-95	-91	-25
Interest Paid ⓘ	0	0	0	0	0	0	-1	-22	-15	-5
Dividend Paid ⓘ	0	0	0	0	0	0	0	0	0	0
Others ⓘ	0	0	0	0	0	0	6	120	-120	0
Net Cash Flow ⓘ	90	66	-67	11	12	-80	-47	125	-130	-1

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Ratios
ROE (%)	1.23	11.62	10.74	33.26	23.72	9.33	4.79	19.3	8.75	13.58
ROCE (%)	2.86	12.85	11.05	33.9	24.6	9.19	4.58	17.5	9.42	14.44
Asset Turnover Ratio	0.06	0.05	0.09	0.39	0.23	0.1	0.11	0.27	0.31	0.19
PAT to CFO Conversion(x)	30.33	2.72	-0.18	1.07	1.39	-1	3.06	1.12	-0.18	0.69
Working Capital Days
Receivable Days	34	50	78	43	75	116	58	27	93	139
Inventory Days	293	344	198	39	45	96	51	40	44	147
Payable Days	1,598	0	-1,433	1,333	0	-2,303	2,329	-350	1,379	-359

About Hindustan Oil Exploration Company Ltd

Hindustan Oil Exploration Company (HOEC) was incorporated in 1983 for taking up Exploration and Production (E&P) activities by Late H T Parekh. HOEC was the first private company in India to enter into field of oil and gas exploration. HOECâ€™s operational activities commenced in 1991 with the Government of India announcing the fourth round of exploration bidding for private sector participation.

HOEC is an Operator of 3 blocks in onshore Cambay basin, Gujarat currently under production of crude oil and gas since last several years. The three blocks are located at 1. Block CB-ON/7 - Palej Production Facilities [PPF] at village Makan, District Vadodara, Gujarat2. Block North Balol â€“ Gas Collection Station [GCS] at village Palaj, District Mehsana, Gujarat3. Block Asjol â€“ Early Production System [EPS] at village Katosan, District Mehsana, Gujarat

The company has participating interest in seven oil/gas fields in India (in Cambay basin, Cauvery basin and Assam Arakan basin), which are in varying stages of E & P life cycle i.e. exploration, development and production.

HOEC has been under professional management since inception consisting of eminent industrialists, professionals and technocrats like Late Shri B K Nehru, Late Dr I G Patel, Shri Deepak Parekh and the current Chairman Shri R. Vasudevan.

In 2005, Burren Shakti Ltd (BSL) and Burren Energy India Ltd (BEIL), wholly owned subsidiary of Burren Energy plc (Burren), acquired 26% controlling stake in the Company from Unocal. Burren is a London based exploration and production company, having core producing assets in the Caspian state of Turkmenistan, the Republic of Congo and Egypt. In February 2008, Burren was acquired by ENI UK Holdings plc which is a subsidiary of ENI spa, Italy.

The Company has a 100% subsidiary, HOEC Bardahl India Ltd, engaged in marketing of high performance fuel / engine additives.HOEC Bardahl India Limited (HBIL) is the subsidiary of the company - HOEC and Bardahl Manufacturing Corporation Inc., USA, (Bardahl) engaged in the formulation, manufacturing and marketing of Bardahl range of high performance engine additives, conducted a joint marketing study on the sale of such additives in India. The results were quite encouraging, suggesting that this could be a viable project.HOEC and Bardahl have agreed to undertake the new project through HOEC Bardahl India Limited (formerly Hindage Oilfield Services Limited) a wholly owned subsidiary of HOEC.

Recent developments

HOEC has 38.07% non-operating participating interest in the Gulf â€˜Aâ€™ discovery in the Block CB-OS-1development area has been informed by the Operator (ONGC), that the Directorate General of Hydrocarbons, Ministry of Petroleum and Natural Gas, Government of India has given its approval for the development plan.

July 17, 2009: Hardy Exploration & Production (India) Inc., the Operator of the PY-3 field has informed the company that due to export hose damage at normor buoy, the production at PY-3 field has been shut down. Efforts are currently ongoing to restart the production. The company has 21% participating interest in the said field.

July 21, 2009: The Block name RJ-ONN-2005/1 and RJ-ONN-2005/2 acquired under NELP VII has been granted Petroleum Exploration License by the Government of Rajasthan.

Oct 16, 2009: The company commenced the production of natural gas from PY-1 field.

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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
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Hindustan Oil Exploration Company Ltd (HINDOILEXP) Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating

Hind Oil Exploration Share Price