Hindustan Oil Exploration Company Ltd.
•₹ 156.2-1.26%
2026-08-21
PROS
- Company is almost debt free
- Company has consistently been profitable over the last 5 years
- Company has delivered good sales growth of 15.8% CAGR over last 5 years
- Company generates healthy free cash flow
- Company comfortably covers its interest (7.8x coverage)
- Attractively priced for its growth - PEG of 0.9
CONS
- Recent results are weak - TTM profit is down 86.8% versus prior year
- A large part of profit comes from other income (50.8% of PBT)
- Working capital days have increased from 67 to 242 days
- Operating margins have contracted to 41.2% from 58.2%
- Effective tax rate is unusually low at 1.8% - earnings may be flattered
- Company has delivered a poor profit growth of 1.4% over past five years
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
EDIT COLUMNS| S.No. | Name | CMP Rs. | P/E | Mar Cap Rs.Cr. | Div Yld % | NP Qtr Rs.Cr. | Qtr Profit Var % | Sales Qtr Rs.Cr. | Qtr Sales Var % | ROCE % | OPM % |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | ONGC | 238.00 | 6.88 | 299410.65 | 5.57 | 6554.44 | -43.27 | 204987.35 | 25.68 | 15.96 | 7.85 |
| 2. | OIL | 475.00 | 9.25 | 77263.87 | 2.42 | 4026.83 | -80.32 | 12886.27 | 47.27 | 13.86 | 46.35 |
| 3. | DEEPINDS | 665.90 | 20.64 | 4261.76 | 0.38 | 891.45 | 1344.79 | 2789.15 | 1298.08 | 7.44 | 38.77 |
| 4. | ANTELOPUS | 798.60 | 0.00 | 2808.07 | 0.00 | 543.20 | 4741.35 | 1310.40 | 2488.19 | 22.91 | 70.18 |
| 5. | DOLPHIN | 619.25 | 34.40 | 2477.28 | 0.00 | 14.81 | 30.72 | 42.85 | 160.62 | 14.92 | 59.07 |
| 6. | ASIANENE | 476.70 | 40.29 | 2319.01 | 0.26 | 12.76 | 126.51 | 271.19 | 135.06 | 16.63 | 8.09 |
| 7. | HINDOILEXP | 153.90 | 81.06 | 2035.22 | 0.00 | 6.24 | -85.79 | 114.18 | 45.17 | 12.33 | 4.82 |
| 8. | JINDRILL | 636.90 | 9.63 | 1845.81 | 0.16 | 47.14 | -28.69 | 275.39 | 8.38 | 16.57 | 35.72 |
| 9. | GNRL | 105.11 | 83.49 | 1612.42 | 0.00 | 11.35 | 488.84 | 5.72 | 70.36 | -0.56 | 202.01 |
| 10. | AAKASH | 8.45 | 16.89 | 85.56 | 0.00 | 0.26 | -36.86 | 23.35 | 7.11 | 5.39 | 9.38 |
Detailed Comparison with:
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 168 | 113 | 179 | 290 | 136 | 95 | 147 | 43 | 79 | 315 | 75 | -206 | 114 | |
| 77 | 43 | 108 | 215 | 74 | 63 | 72 | 39 | 46 | 292 | 48 | -233 | 128 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 6 | 3 | 10 | 3 | 11 | 5 | 4 | 57 | 3 | 2 | 4 | 7 | 20 |
| Interest | 9 | 8 | 7 | 6 | 6 | 5 | 5 | 5 | 4 | 4 | 4 | 4 | 3 |
| Depreciation | 20 | 18 | 21 | 20 | 18 | 18 | 20 | 22 | 18 | 17 | 20 | 20 | 16 |
| 67 | 46 | 51 | 84 | 48 | 13 | 52 | 36 | 45 | 4 | 7 | 9 | 7 | |
| Tax % | 2.28% | 2.00% | 9.38% | 17.38% | 13.59% | 19.31% | 17.44% | -43.79% | 1.94% | 28.72% | -20.70% | 13.76% | 4.82% |
| Net Profit | 0 | 0 | 0 | 0 | 42 | 11 | 43 | 51 | 44 | 3 | 8 | 8 | 6 |
| 5 | 3 | 4 | 5 | 3 | 1 | 3 | 4 | 3 | 0 | 1 | 1 | 0 | |
| Equity Capital | 132 | 132 | 132 | 132 | 132 | 132 | 132 | 132 | 132 | 132 | 132 | 132 | 132 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Equity Capital | 132 | 132 | 132 | 132 | 132 | 132 | 132 | 132 | 132 | 132 | 132 | 132 | 132 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Jun 2023
- 168
- 77
- Operating Profit
- —
- OPM %
- —
- Other Income
- 6
- Interest
- 9
- Depreciation
- 20
- 67
- Tax %
- 2.28%
- Net Profit
- 0
- 5
- Equity Capital
- 132
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 132
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2023
- 113
- 43
- Operating Profit
- —
- OPM %
- —
- Other Income
- 3
- Interest
- 8
- Depreciation
- 18
- 46
- Tax %
- 2.00%
- Net Profit
- 0
- 3
- Equity Capital
- 132
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 132
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2023
- 179
- 108
- Operating Profit
- —
- OPM %
- —
- Other Income
- 10
- Interest
- 7
- Depreciation
- 21
- 51
- Tax %
- 9.38%
- Net Profit
- 0
- 4
- Equity Capital
- 132
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 132
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 290
- 215
- Operating Profit
- —
- OPM %
- —
- Other Income
- 3
- Interest
- 6
- Depreciation
- 20
- 84
- Tax %
- 17.38%
- Net Profit
- 0
- 5
- Equity Capital
- 132
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 132
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2024
- 136
- 74
- Operating Profit
- —
- OPM %
- —
- Other Income
- 11
- Interest
- 6
- Depreciation
- 18
- 48
- Tax %
- 13.59%
- Net Profit
- 42
- 3
- Equity Capital
- 132
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 132
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 95
- 63
- Operating Profit
- —
- OPM %
- —
- Other Income
- 5
- Interest
- 5
- Depreciation
- 18
- 13
- Tax %
- 19.31%
- Net Profit
- 11
- 1
- Equity Capital
- 132
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 132
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 147
- 72
- Operating Profit
- —
- OPM %
- —
- Other Income
- 4
- Interest
- 5
- Depreciation
- 20
- 52
- Tax %
- 17.44%
- Net Profit
- 43
- 3
- Equity Capital
- 132
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 132
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 43
- 39
- Operating Profit
- —
- OPM %
- —
- Other Income
- 57
- Interest
- 5
- Depreciation
- 22
- 36
- Tax %
- -43.79%
- Net Profit
- 51
- 4
- Equity Capital
- 132
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 132
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 79
- 46
- Operating Profit
- —
- OPM %
- —
- Other Income
- 3
- Interest
- 4
- Depreciation
- 18
- 45
- Tax %
- 1.94%
- Net Profit
- 44
- 3
- Equity Capital
- 132
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 132
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 315
- 292
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 4
- Depreciation
- 17
- 4
- Tax %
- 28.72%
- Net Profit
- 3
- 0
- Equity Capital
- 132
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 132
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 75
- 48
- Operating Profit
- —
- OPM %
- —
- Other Income
- 4
- Interest
- 4
- Depreciation
- 20
- 7
- Tax %
- -20.70%
- Net Profit
- 8
- 1
- Equity Capital
- 132
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 132
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- -206
- -233
- Operating Profit
- —
- OPM %
- —
- Other Income
- 7
- Interest
- 4
- Depreciation
- 20
- 9
- Tax %
- 13.76%
- Net Profit
- 8
- 1
- Equity Capital
- 132
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 132
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 114
- 128
- Operating Profit
- —
- OPM %
- —
- Other Income
- 20
- Interest
- 3
- Depreciation
- 16
- 7
- Tax %
- 4.82%
- Net Profit
- 6
- 0
- Equity Capital
- 132
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 132
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 49 | 25 | 49 | 265 | 202 | 114 | 156 | 559 | 749 | 421 | 299 | |
| 40 | 24 | 18 | 77 | 77 | 59 | 77 | 247 | 440 | 247 | 236 | |
| Operating Profit | 17 | 21 | 43 | 199 | 146 | 66 | 91 | 321 | 328 | 250 | — |
| OPM % | 36 | 81 | 87 | 75 | 72 | 58 | 58 | 57 | 44 | 59 | — |
| Other Income | 9 | 19 | 12 | 11 | 22 | 11 | 11 | 9 | 19 | 76 | 33 |
| Interest | 5 | 0 | 1 | 2 | 6 | 6 | 9 | 38 | 32 | 22 | 16 |
| Depreciation | 12 | 10 | 8 | 44 | 29 | 23 | 26 | 74 | 80 | 78 | 73 |
| 6 | 40 | 38 | 157 | 137 | 52 | 20 | 197 | 248 | 150 | 26 | |
| Tax % | 11 | 10 | 0 | 0 | -0 | -3 | -2 | 2 | 9 | 2 | 5 |
| Net Profit | 5 | 36 | 38 | 157 | 138 | 53 | 20 | 194 | 226 | 147 | 25 |
| EPS | 0 | 3 | 3 | 12 | 10 | 4 | 2 | 15 | 17 | 11 | — |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 0 | 3 | 3 | 12 | 10 | 4 | 2 | 15 | 17 | 11 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 0 | 3 | 3 | 12 | 10 | 4 | 2 | 15 | 17 | 11 | — |
Mar 2016
- 49
- 40
- Operating Profit
- 17
- OPM %
- 36
- Other Income
- 9
- Interest
- 5
- Depreciation
- 12
- 6
- Tax %
- 11
- Net Profit
- 5
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
Mar 2017
- 25
- 24
- Operating Profit
- 21
- OPM %
- 81
- Other Income
- 19
- Interest
- 0
- Depreciation
- 10
- 40
- Tax %
- 10
- Net Profit
- 36
- EPS
- 3
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
Mar 2018
- 49
- 18
- Operating Profit
- 43
- OPM %
- 87
- Other Income
- 12
- Interest
- 1
- Depreciation
- 8
- 38
- Tax %
- 0
- Net Profit
- 38
- EPS
- 3
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
Mar 2019
- 265
- 77
- Operating Profit
- 199
- OPM %
- 75
- Other Income
- 11
- Interest
- 2
- Depreciation
- 44
- 157
- Tax %
- 0
- Net Profit
- 157
- EPS
- 12
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 12
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 12
Mar 2020
- 202
- 77
- Operating Profit
- 146
- OPM %
- 72
- Other Income
- 22
- Interest
- 6
- Depreciation
- 29
- 137
- Tax %
- -0
- Net Profit
- 138
- EPS
- 10
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 10
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 10
Mar 2021
- 114
- 59
- Operating Profit
- 66
- OPM %
- 58
- Other Income
- 11
- Interest
- 6
- Depreciation
- 23
- 52
- Tax %
- -3
- Net Profit
- 53
- EPS
- 4
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 4
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 4
Mar 2022
- 156
- 77
- Operating Profit
- 91
- OPM %
- 58
- Other Income
- 11
- Interest
- 9
- Depreciation
- 26
- 20
- Tax %
- -2
- Net Profit
- 20
- EPS
- 2
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
Mar 2023
- 559
- 247
- Operating Profit
- 321
- OPM %
- 57
- Other Income
- 9
- Interest
- 38
- Depreciation
- 74
- 197
- Tax %
- 2
- Net Profit
- 194
- EPS
- 15
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 15
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 15
Mar 2024
- 749
- 440
- Operating Profit
- 328
- OPM %
- 44
- Other Income
- 19
- Interest
- 32
- Depreciation
- 80
- 248
- Tax %
- 9
- Net Profit
- 226
- EPS
- 17
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 17
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 17
Mar 2025
- 421
- 247
- Operating Profit
- 250
- OPM %
- 59
- Other Income
- 76
- Interest
- 22
- Depreciation
- 78
- 150
- Tax %
- 2
- Net Profit
- 147
- EPS
- 11
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 11
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 11
TTM
- 299
- 236
- Operating Profit
- —
- OPM %
- —
- Other Income
- 33
- Interest
- 16
- Depreciation
- 73
- 26
- Tax %
- 5
- Net Profit
- 25
- EPS
- —
- Dividend Payout %
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
COMPOUNDED SALES GROWTH
- 10 Years:
- 22%
- 5 Years:
- 16%
- 3 Years:
- 39%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- —
- 5 Years:
- 1%
- 3 Years:
- 95%
STOCK PRICE CAGR
- 10 Years:
- 12%
- 5 Years:
- -1%
- 3 Years:
- -2%
- 1 Year:
- -7%
RETURN ON EQUITY
- 10 Years:
- 15%
- 5 Years:
- 13%
- 3 Years:
- 19%
- Last Year:
- 12%
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| LIABILITIES | - | - | - | - | - | - | - | - | - | - |
| Equity Capital | 130 | 130 | 130 | 130 | 132 | 132 | 132 | 132 | 132 | 132 |
| 175 | 211 | 253 | 410 | 547 | 601 | 621 | 815 | 1,042 | 1,189 | |
| 0 | 0 | 0 | 12 | 0 | 95 | 153 | 271 | 37 | 38 | |
| Trade Payables | 9 | 18 | 18 | 16 | 66 | 32 | 38 | 117 | 157 | 143 |
| 177 | 165 | 142 | 166 | 290 | 326 | 583 | 516 | 583 | 460 | |
| Total Liabilities | 491 | 525 | 544 | 734 | 1,036 | 1,185 | 1,527 | 1,850 | 1,951 | 1,962 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 68 | 231 | 280 | 380 | 353 | 331 | 507 | 1,244 | 1,244 | 1,188 | |
| Capital Work in Progress | 130 | 6 | 6 | 26 | 327 | 535 | 782 | 32 | 38 | 48 |
| 74 | 160 | 51 | 137 | 118 | 65 | 19 | 133 | 0 | 0 | |
| 24 | 25 | 28 | 28 | 27 | 36 | 8 | 81 | 42 | 210 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 314 | 121 | |
| Cash & Bank | 53 | 34 | 92 | 35 | 86 | 72 | 65 | 78 | 69 | 136 |
| 141 | 68 | 88 | 128 | 125 | 147 | 146 | 283 | 244 | 260 | |
| Total Assets | 491 | 525 | 544 | 734 | 1,036 | 1,185 | 1,527 | 1,850 | 1,951 | 1,962 |
| Total Debt | 0 | 0 | 0 | 12 | 45 | 254 | 357 | 364 | 174 | 121 |
| Net Working Capital | 180 | 168 | 161 | 179 | 53 | 48 | -195 | -77 | 137 | 279 |
| Contingent Liabilities | 36 | 40 | 43 | 56 | 303 | 282 | 309 | 299 | 286 | 286 |
| Book Value per Share | 23.40 | 26.16 | 29.36 | 41.40 | 51.40 | 55.44 | 56.95 | 71.62 | 88.81 | 99.91 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Total Debt | 0 | 0 | 0 | 12 | 45 | 254 | 357 | 364 | 174 | 121 |
| Net Working Capital | 180 | 168 | 161 | 179 | 53 | 48 | -195 | -77 | 137 | 279 |
| Contingent Liabilities | 36 | 40 | 43 | 56 | 303 | 282 | 309 | 299 | 286 | 286 |
| Book Value per Share | 23.40 | 26.16 | 29.36 | 41.40 | 51.40 | 55.44 | 56.95 | 71.62 | 88.81 | 99.91 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
Mar 2016
- Equity Capital
- 130
- 175
- 0
- Trade Payables
- 9
- 177
- Total Liabilities
- 491
- 68
- Capital Work in Progress
- 130
- 74
- 24
- 0
- Cash & Bank
- 53
- 141
- Total Assets
- 491
- Total Debt
- 0
- Net Working Capital
- 180
- Contingent Liabilities
- 36
- Book Value per Share
- 23.40
- Face Value
- 10.00
- Total Debt
- 0
- Net Working Capital
- 180
- Contingent Liabilities
- 36
- Book Value per Share
- 23.40
- Face Value
- 10.00
Mar 2017
- Equity Capital
- 130
- 211
- 0
- Trade Payables
- 18
- 165
- Total Liabilities
- 525
- 231
- Capital Work in Progress
- 6
- 160
- 25
- 0
- Cash & Bank
- 34
- 68
- Total Assets
- 525
- Total Debt
- 0
- Net Working Capital
- 168
- Contingent Liabilities
- 40
- Book Value per Share
- 26.16
- Face Value
- 10.00
- Total Debt
- 0
- Net Working Capital
- 168
- Contingent Liabilities
- 40
- Book Value per Share
- 26.16
- Face Value
- 10.00
Mar 2018
- Equity Capital
- 130
- 253
- 0
- Trade Payables
- 18
- 142
- Total Liabilities
- 544
- 280
- Capital Work in Progress
- 6
- 51
- 28
- 0
- Cash & Bank
- 92
- 88
- Total Assets
- 544
- Total Debt
- 0
- Net Working Capital
- 161
- Contingent Liabilities
- 43
- Book Value per Share
- 29.36
- Face Value
- 10.00
- Total Debt
- 0
- Net Working Capital
- 161
- Contingent Liabilities
- 43
- Book Value per Share
- 29.36
- Face Value
- 10.00
Mar 2019
- Equity Capital
- 130
- 410
- 12
- Trade Payables
- 16
- 166
- Total Liabilities
- 734
- 380
- Capital Work in Progress
- 26
- 137
- 28
- 0
- Cash & Bank
- 35
- 128
- Total Assets
- 734
- Total Debt
- 12
- Net Working Capital
- 179
- Contingent Liabilities
- 56
- Book Value per Share
- 41.40
- Face Value
- 10.00
- Total Debt
- 12
- Net Working Capital
- 179
- Contingent Liabilities
- 56
- Book Value per Share
- 41.40
- Face Value
- 10.00
Mar 2020
- Equity Capital
- 132
- 547
- 0
- Trade Payables
- 66
- 290
- Total Liabilities
- 1,036
- 353
- Capital Work in Progress
- 327
- 118
- 27
- 0
- Cash & Bank
- 86
- 125
- Total Assets
- 1,036
- Total Debt
- 45
- Net Working Capital
- 53
- Contingent Liabilities
- 303
- Book Value per Share
- 51.40
- Face Value
- 10.00
- Total Debt
- 45
- Net Working Capital
- 53
- Contingent Liabilities
- 303
- Book Value per Share
- 51.40
- Face Value
- 10.00
Mar 2021
- Equity Capital
- 132
- 601
- 95
- Trade Payables
- 32
- 326
- Total Liabilities
- 1,185
- 331
- Capital Work in Progress
- 535
- 65
- 36
- 0
- Cash & Bank
- 72
- 147
- Total Assets
- 1,185
- Total Debt
- 254
- Net Working Capital
- 48
- Contingent Liabilities
- 282
- Book Value per Share
- 55.44
- Face Value
- 10.00
- Total Debt
- 254
- Net Working Capital
- 48
- Contingent Liabilities
- 282
- Book Value per Share
- 55.44
- Face Value
- 10.00
Mar 2022
- Equity Capital
- 132
- 621
- 153
- Trade Payables
- 38
- 583
- Total Liabilities
- 1,527
- 507
- Capital Work in Progress
- 782
- 19
- 8
- 0
- Cash & Bank
- 65
- 146
- Total Assets
- 1,527
- Total Debt
- 357
- Net Working Capital
- -195
- Contingent Liabilities
- 309
- Book Value per Share
- 56.95
- Face Value
- 10.00
- Total Debt
- 357
- Net Working Capital
- -195
- Contingent Liabilities
- 309
- Book Value per Share
- 56.95
- Face Value
- 10.00
Mar 2023
- Equity Capital
- 132
- 815
- 271
- Trade Payables
- 117
- 516
- Total Liabilities
- 1,850
- 1,244
- Capital Work in Progress
- 32
- 133
- 81
- 0
- Cash & Bank
- 78
- 283
- Total Assets
- 1,850
- Total Debt
- 364
- Net Working Capital
- -77
- Contingent Liabilities
- 299
- Book Value per Share
- 71.62
- Face Value
- 10.00
- Total Debt
- 364
- Net Working Capital
- -77
- Contingent Liabilities
- 299
- Book Value per Share
- 71.62
- Face Value
- 10.00
Mar 2024
- Equity Capital
- 132
- 1,042
- 37
- Trade Payables
- 157
- 583
- Total Liabilities
- 1,951
- 1,244
- Capital Work in Progress
- 38
- 0
- 42
- 314
- Cash & Bank
- 69
- 244
- Total Assets
- 1,951
- Total Debt
- 174
- Net Working Capital
- 137
- Contingent Liabilities
- 286
- Book Value per Share
- 88.81
- Face Value
- 10.00
- Total Debt
- 174
- Net Working Capital
- 137
- Contingent Liabilities
- 286
- Book Value per Share
- 88.81
- Face Value
- 10.00
Mar 2025
- Equity Capital
- 132
- 1,189
- 38
- Trade Payables
- 143
- 460
- Total Liabilities
- 1,962
- 1,188
- Capital Work in Progress
- 48
- 0
- 210
- 121
- Cash & Bank
- 136
- 260
- Total Assets
- 1,962
- Total Debt
- 121
- Net Working Capital
- 279
- Contingent Liabilities
- 286
- Book Value per Share
- 99.91
- Face Value
- 10.00
- Total Debt
- 121
- Net Working Capital
- 279
- Contingent Liabilities
- 286
- Book Value per Share
- 99.91
- Face Value
- 10.00
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 94 | 98 | -7 | 167 | 287 | -77 | 111 | 219 | 123 | 161 | |
| Cash from Investing | -1 | -32 | -60 | -148 | -297 | -208 | -280 | -77 | -39 | -83 |
| Cash from Financing | 0 | 0 | 0 | 0 | 34 | 206 | 106 | -27 | -215 | -78 |
| 93 | 67 | -67 | 20 | 24 | -79 | -63 | 115 | -132 | 0 | |
| Free Cash Flow | 94 | 52 | -64 | -110 | -17 | -285 | -341 | 160 | -10 | 130 |
| OCF / Net Profit | 18.76 | 2.72 | -0.19 | 1.07 | 2.09 | -1.43 | 5.55 | 1.13 | 0.54 | 1.09 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | -45 | -424 | -817 | -593 | -493 | -346 |
| OCF / Net Profit | 18.76 | 2.72 | -0.19 | 1.07 | 2.09 | -1.43 | 5.55 | 1.13 | 0.54 | 1.09 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | -45 | -424 | -817 | -593 | -493 | -346 |
Mar 2016
- 94
- Cash from Investing
- -1
- Cash from Financing
- 0
- 93
- Free Cash Flow
- 94
- OCF / Net Profit
- 18.76
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 18.76
- Cumulative 5-Year FCF
- 0
Mar 2017
- 98
- Cash from Investing
- -32
- Cash from Financing
- 0
- 67
- Free Cash Flow
- 52
- OCF / Net Profit
- 2.72
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 2.72
- Cumulative 5-Year FCF
- 0
Mar 2018
- -7
- Cash from Investing
- -60
- Cash from Financing
- 0
- -67
- Free Cash Flow
- -64
- OCF / Net Profit
- -0.19
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -0.19
- Cumulative 5-Year FCF
- 0
Mar 2019
- 167
- Cash from Investing
- -148
- Cash from Financing
- 0
- 20
- Free Cash Flow
- -110
- OCF / Net Profit
- 1.07
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.07
- Cumulative 5-Year FCF
- 0
Mar 2020
- 287
- Cash from Investing
- -297
- Cash from Financing
- 34
- 24
- Free Cash Flow
- -17
- OCF / Net Profit
- 2.09
- Cumulative 5-Year FCF
- -45
- OCF / Net Profit
- 2.09
- Cumulative 5-Year FCF
- -45
Mar 2021
- -77
- Cash from Investing
- -208
- Cash from Financing
- 206
- -79
- Free Cash Flow
- -285
- OCF / Net Profit
- -1.43
- Cumulative 5-Year FCF
- -424
- OCF / Net Profit
- -1.43
- Cumulative 5-Year FCF
- -424
Mar 2022
- 111
- Cash from Investing
- -280
- Cash from Financing
- 106
- -63
- Free Cash Flow
- -341
- OCF / Net Profit
- 5.55
- Cumulative 5-Year FCF
- -817
- OCF / Net Profit
- 5.55
- Cumulative 5-Year FCF
- -817
Mar 2023
- 219
- Cash from Investing
- -77
- Cash from Financing
- -27
- 115
- Free Cash Flow
- 160
- OCF / Net Profit
- 1.13
- Cumulative 5-Year FCF
- -593
- OCF / Net Profit
- 1.13
- Cumulative 5-Year FCF
- -593
Mar 2024
- 123
- Cash from Investing
- -39
- Cash from Financing
- -215
- -132
- Free Cash Flow
- -10
- OCF / Net Profit
- 0.54
- Cumulative 5-Year FCF
- -493
- OCF / Net Profit
- 0.54
- Cumulative 5-Year FCF
- -493
Mar 2025
- 161
- Cash from Investing
- -83
- Cash from Financing
- -78
- 0
- Free Cash Flow
- 130
- OCF / Net Profit
- 1.09
- Cumulative 5-Year FCF
- -346
- OCF / Net Profit
- 1.09
- Cumulative 5-Year FCF
- -346
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - | - | - |
| EPS (₹) | 0.38 | 2.76 | 2.88 | 12.01 | 10.40 | 4.04 | 1.51 | 14.67 | 17.12 | 11.13 |
| Book Value (₹) | 23.40 | 26.16 | 29.36 | 41.40 | 51.40 | 55.44 | 56.95 | 71.62 | 88.81 | 99.91 |
| Dividend per Share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash EPS (₹) | 1.32 | 3.50 | 3.52 | 15.37 | 12.62 | 5.81 | 3.49 | 20.25 | 23.17 | 17.00 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 33.65% | 80.85% | 87.50% | 75.00% | 72.45% | 57.86% | 58.22% | 57.46% | 41.26% | 41.24% |
| Net Margin % | 9.72% | 141.06% | 77.03% | 59.12% | 68.08% | 46.91% | 12.84% | 34.72% | 30.23% | 34.98% |
| ROE % | 1.71% | 11.15% | 10.36% | 33.95% | 22.55% | 7.56% | 2.69% | 22.83% | 21.35% | 11.80% |
| ROCE % | 3.53% | 12.38% | 10.66% | 34.00% | 22.52% | 6.78% | 2.78% | 19.44% | 21.08% | 12.33% |
| 1.01% | 7.10% | 7.02% | 24.54% | 15.54% | 4.81% | 1.47% | 11.49% | 11.91% | 7.52% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 34 | 66 | 81 | 40 | 70 | 108 | 55 | 43 | 105 | 189 |
| Inventory Days | 180 | 350 | 198 | 39 | 49 | 100 | 51 | 29 | 30 | 109 |
| Payable Days | 387 | 0 | -1456 | 1499 | 0 | -5418 | 3363 | -474 | 1557 | -385 |
| -174 | 416 | 1736 | -1421 | 119 | 5626 | -3257 | 546 | -1422 | 683 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 0.00x | 0.00x | 0.00x | 0.02x | 0.07x | 0.35x | 0.47x | 0.38x | 0.15x | 0.09x |
| Interest Coverage (x) | 2.20x | 0.00x | 34.52x | 71.47x | 22.33x | 9.33x | 3.07x | 6.18x | 8.74x | 7.78x |
| 3.84x | 3.49x | 4.90x | 3.73x | 1.25x | 1.27x | 0.42x | 0.86x | 1.31x | 1.81x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | -18.16% | -47.67% | 91.09% | 444.30% | -23.79% | -43.65% | 36.76% | 258.91% | 34.03% | -43.82% |
| Operating Profit Growth % | 1019.80% | 18.95% | 106.20% | 366.55% | -26.38% | -54.99% | 37.59% | 254.26% | 2.05% | -23.82% |
| Net Profit Growth % | 100.41% | 618.55% | 4.04% | 317.75% | -12.24% | -61.17% | -62.57% | 870.55% | 16.69% | -34.99% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 16.69% | -34.99% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 10.36x | 15.37x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 2.00x | 1.71x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 7.48x | 9.00x |
Mar 2016
- EPS (₹)
- 0.38
- Book Value (₹)
- 23.40
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 1.32
- Operating Margin %
- 33.65%
- Net Margin %
- 9.72%
- ROE %
- 1.71%
- ROCE %
- 3.53%
- 1.01%
- Debtor Days
- 34
- Inventory Days
- 180
- Payable Days
- 387
- -174
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 2.20x
- 3.84x
- Revenue Growth %
- -18.16%
- Operating Profit Growth %
- 1019.80%
- Net Profit Growth %
- 100.41%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2017
- EPS (₹)
- 2.76
- Book Value (₹)
- 26.16
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 3.50
- Operating Margin %
- 80.85%
- Net Margin %
- 141.06%
- ROE %
- 11.15%
- ROCE %
- 12.38%
- 7.10%
- Debtor Days
- 66
- Inventory Days
- 350
- Payable Days
- 0
- 416
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 0.00x
- 3.49x
- Revenue Growth %
- -47.67%
- Operating Profit Growth %
- 18.95%
- Net Profit Growth %
- 618.55%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2018
- EPS (₹)
- 2.88
- Book Value (₹)
- 29.36
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 3.52
- Operating Margin %
- 87.50%
- Net Margin %
- 77.03%
- ROE %
- 10.36%
- ROCE %
- 10.66%
- 7.02%
- Debtor Days
- 81
- Inventory Days
- 198
- Payable Days
- -1456
- 1736
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 34.52x
- 4.90x
- Revenue Growth %
- 91.09%
- Operating Profit Growth %
- 106.20%
- Net Profit Growth %
- 4.04%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2019
- EPS (₹)
- 12.01
- Book Value (₹)
- 41.40
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 15.37
- Operating Margin %
- 75.00%
- Net Margin %
- 59.12%
- ROE %
- 33.95%
- ROCE %
- 34.00%
- 24.54%
- Debtor Days
- 40
- Inventory Days
- 39
- Payable Days
- 1499
- -1421
- Debt to Equity (x)
- 0.02x
- Interest Coverage (x)
- 71.47x
- 3.73x
- Revenue Growth %
- 444.30%
- Operating Profit Growth %
- 366.55%
- Net Profit Growth %
- 317.75%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2020
- EPS (₹)
- 10.40
- Book Value (₹)
- 51.40
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 12.62
- Operating Margin %
- 72.45%
- Net Margin %
- 68.08%
- ROE %
- 22.55%
- ROCE %
- 22.52%
- 15.54%
- Debtor Days
- 70
- Inventory Days
- 49
- Payable Days
- 0
- 119
- Debt to Equity (x)
- 0.07x
- Interest Coverage (x)
- 22.33x
- 1.25x
- Revenue Growth %
- -23.79%
- Operating Profit Growth %
- -26.38%
- Net Profit Growth %
- -12.24%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- 4.04
- Book Value (₹)
- 55.44
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 5.81
- Operating Margin %
- 57.86%
- Net Margin %
- 46.91%
- ROE %
- 7.56%
- ROCE %
- 6.78%
- 4.81%
- Debtor Days
- 108
- Inventory Days
- 100
- Payable Days
- -5418
- 5626
- Debt to Equity (x)
- 0.35x
- Interest Coverage (x)
- 9.33x
- 1.27x
- Revenue Growth %
- -43.65%
- Operating Profit Growth %
- -54.99%
- Net Profit Growth %
- -61.17%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- 1.51
- Book Value (₹)
- 56.95
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 3.49
- Operating Margin %
- 58.22%
- Net Margin %
- 12.84%
- ROE %
- 2.69%
- ROCE %
- 2.78%
- 1.47%
- Debtor Days
- 55
- Inventory Days
- 51
- Payable Days
- 3363
- -3257
- Debt to Equity (x)
- 0.47x
- Interest Coverage (x)
- 3.07x
- 0.42x
- Revenue Growth %
- 36.76%
- Operating Profit Growth %
- 37.59%
- Net Profit Growth %
- -62.57%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 14.67
- Book Value (₹)
- 71.62
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 20.25
- Operating Margin %
- 57.46%
- Net Margin %
- 34.72%
- ROE %
- 22.83%
- ROCE %
- 19.44%
- 11.49%
- Debtor Days
- 43
- Inventory Days
- 29
- Payable Days
- -474
- 546
- Debt to Equity (x)
- 0.38x
- Interest Coverage (x)
- 6.18x
- 0.86x
- Revenue Growth %
- 258.91%
- Operating Profit Growth %
- 254.26%
- Net Profit Growth %
- 870.55%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 17.12
- Book Value (₹)
- 88.81
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 23.17
- Operating Margin %
- 41.26%
- Net Margin %
- 30.23%
- ROE %
- 21.35%
- ROCE %
- 21.08%
- 11.91%
- Debtor Days
- 105
- Inventory Days
- 30
- Payable Days
- 1557
- -1422
- Debt to Equity (x)
- 0.15x
- Interest Coverage (x)
- 8.74x
- 1.31x
- Revenue Growth %
- 34.03%
- Operating Profit Growth %
- 2.05%
- Net Profit Growth %
- 16.69%
- 16.69%
- P/E (x)
- 10.36x
- P/B (x)
- 2.00x
- Dividend Yield %
- 0.00%
- 7.48x
Mar 2025
- EPS (₹)
- 11.13
- Book Value (₹)
- 99.91
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 17.00
- Operating Margin %
- 41.24%
- Net Margin %
- 34.98%
- ROE %
- 11.80%
- ROCE %
- 12.33%
- 7.52%
- Debtor Days
- 189
- Inventory Days
- 109
- Payable Days
- -385
- 683
- Debt to Equity (x)
- 0.09x
- Interest Coverage (x)
- 7.78x
- 1.81x
- Revenue Growth %
- -43.82%
- Operating Profit Growth %
- -23.82%
- Net Profit Growth %
- -34.99%
- -34.99%
- P/E (x)
- 15.37x
- P/B (x)
- 1.71x
- Dividend Yield %
- 0.00%
- 9.00x
Documents
Announcements
- Analysts/Institutional Investor Meet/Con. Call Updates
2026-08-20 - Hindustan Oil Exploration Company Limited has informed the Exchange about Transcript
- General Updates
2026-08-19 - Hindustan Oil Exploration Company Limited has informed the Exchange about General Updates
Annual Reports
Credit Ratings
Nothing filed yet.
Concalls
Aug 2026
Jun 2026
Feb 2026