Hindustan Oil Exploration Company Ltd.
•₹ 156.2-1.26%
2026-08-21
PROS
- Company is almost debt free
- Company comfortably covers its interest (9.6x coverage)
- Company generates healthy free cash flow
- Attractively priced for its growth - PEG of 0.3
CONS
- Recent results are weak - TTM profit is down 73.4% versus prior year
- A large part of profit comes from other income (53.1% of PBT)
- Working capital days have increased from 176 to 439 days
- Operating margins have contracted to 38.3% from 71.1%
- Effective tax rate is unusually low at 0.7% - earnings may be flattered
- Company has delivered a poor profit growth of 0.9% 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 | 238.10 | 6.88 | 299536.45 | 5.56 | 6554.44 | -43.27 | 204987.35 | 25.68 | 15.96 | 7.85 |
| 2. | OIL | 480.35 | 9.35 | 78134.11 | 2.39 | 4026.83 | -80.32 | 12886.27 | 47.27 | 13.86 | 46.35 |
| 3. | DEEPINDS | 659.80 | 20.45 | 4222.72 | 0.38 | 891.45 | 1344.79 | 2789.15 | 1298.08 | 7.44 | 38.77 |
| 4. | ANTELOPUS | 796.00 | 0.00 | 2798.92 | 0.00 | 543.20 | 4741.35 | 1310.40 | 2488.19 | 22.91 | 70.18 |
| 5. | DOLPHIN | 619.60 | 34.42 | 2478.68 | 0.00 | 14.81 | 30.72 | 42.85 | 160.62 | 14.92 | 59.07 |
| 6. | ASIANENE | 485.55 | 41.03 | 2362.06 | 0.26 | 12.76 | 126.51 | 271.19 | 135.06 | 16.63 | 8.09 |
| 7. | HINDOILEXP | 158.10 | 83.27 | 2090.77 | 0.00 | 6.24 | -85.79 | 114.18 | 45.17 | 12.33 | 4.82 |
| 8. | JINDRILL | 630.40 | 9.53 | 1826.97 | 0.16 | 47.14 | -28.69 | 275.39 | 8.38 | 16.57 | 35.72 |
| 9. | GNRL | 104.00 | 82.61 | 1595.39 | 0.00 | 11.35 | 488.84 | 5.72 | 70.36 | -0.56 | 202.01 |
| 10. | AAKASH | 8.54 | 17.06 | 86.47 | 0.00 | 0.26 | -36.86 | 23.35 | 7.11 | 5.39 | 9.38 |
Detailed Comparison with:
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 90 | 66 | 95 | 220 | 71 | 52 | 68 | 125 | 77 | 311 | 72 | -210 | 108 | |
| 63 | 22 | 90 | 196 | 61 | 48 | 59 | 31 | 55 | 289 | 54 | -245 | 114 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 10 | 5 | 12 | 8 | 12 | 7 | 7 | 54 | 5 | 7 | 6 | 6 | 19 |
| Interest | 8 | 6 | 5 | 4 | 4 | 4 | 4 | 5 | 4 | 4 | 4 | 3 | 3 |
| Depreciation | 9 | 5 | 7 | 7 | 7 | 6 | 8 | 12 | 8 | 6 | 8 | 8 | 6 |
| 21 | 39 | 5 | 20 | 13 | 2 | 5 | 131 | 48 | 19 | 12 | 30 | 13 | |
| Tax % | 0.00% | 0.00% | 0.00% | 0.00% | 3.48% | -26.19% | 0.00% | 0.76% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Net Profit | 21 | 39 | 5 | 20 | 12 | 2 | 5 | 130 | 48 | 19 | 12 | 30 | 13 |
| 2 | 3 | 0 | 1 | 1 | 0 | 0 | 10 | 4 | 1 | 1 | 2 | 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
- 90
- 63
- Operating Profit
- —
- OPM %
- —
- Other Income
- 10
- Interest
- 8
- Depreciation
- 9
- 21
- Tax %
- 0.00%
- Net Profit
- 21
- 2
- Equity Capital
- 132
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 132
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2023
- 66
- 22
- Operating Profit
- —
- OPM %
- —
- Other Income
- 5
- Interest
- 6
- Depreciation
- 5
- 39
- Tax %
- 0.00%
- Net Profit
- 39
- 3
- Equity Capital
- 132
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 132
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2023
- 95
- 90
- Operating Profit
- —
- OPM %
- —
- Other Income
- 12
- Interest
- 5
- Depreciation
- 7
- 5
- Tax %
- 0.00%
- Net Profit
- 5
- 0
- Equity Capital
- 132
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 132
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 220
- 196
- Operating Profit
- —
- OPM %
- —
- Other Income
- 8
- Interest
- 4
- Depreciation
- 7
- 20
- Tax %
- 0.00%
- Net Profit
- 20
- 1
- Equity Capital
- 132
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 132
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2024
- 71
- 61
- Operating Profit
- —
- OPM %
- —
- Other Income
- 12
- Interest
- 4
- Depreciation
- 7
- 13
- Tax %
- 3.48%
- Net Profit
- 12
- 1
- Equity Capital
- 132
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 132
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 52
- 48
- Operating Profit
- —
- OPM %
- —
- Other Income
- 7
- Interest
- 4
- Depreciation
- 6
- 2
- Tax %
- -26.19%
- Net Profit
- 2
- 0
- Equity Capital
- 132
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 132
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 68
- 59
- Operating Profit
- —
- OPM %
- —
- Other Income
- 7
- Interest
- 4
- Depreciation
- 8
- 5
- Tax %
- 0.00%
- Net Profit
- 5
- 0
- Equity Capital
- 132
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 132
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 125
- 31
- Operating Profit
- —
- OPM %
- —
- Other Income
- 54
- Interest
- 5
- Depreciation
- 12
- 131
- Tax %
- 0.76%
- Net Profit
- 130
- 10
- Equity Capital
- 132
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 132
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 77
- 55
- Operating Profit
- —
- OPM %
- —
- Other Income
- 5
- Interest
- 4
- Depreciation
- 8
- 48
- Tax %
- 0.00%
- Net Profit
- 48
- 4
- Equity Capital
- 132
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 132
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 311
- 289
- Operating Profit
- —
- OPM %
- —
- Other Income
- 7
- Interest
- 4
- Depreciation
- 6
- 19
- Tax %
- 0.00%
- Net Profit
- 19
- 1
- Equity Capital
- 132
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 132
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 72
- 54
- Operating Profit
- —
- OPM %
- —
- Other Income
- 6
- Interest
- 4
- Depreciation
- 8
- 12
- Tax %
- 0.00%
- Net Profit
- 12
- 1
- Equity Capital
- 132
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 132
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- -210
- -245
- Operating Profit
- —
- OPM %
- —
- Other Income
- 6
- Interest
- 3
- Depreciation
- 8
- 30
- Tax %
- 0.00%
- Net Profit
- 30
- 2
- Equity Capital
- 132
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 132
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 108
- 114
- Operating Profit
- —
- OPM %
- —
- Other Income
- 19
- Interest
- 3
- Depreciation
- 6
- 13
- Tax %
- 0.00%
- Net Profit
- 13
- 0
- Equity Capital
- 132
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 132
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 28 | 25 | 49 | 237 | 180 | 99 | 131 | 381 | 488 | 306 | 281 | |
| 22 | 21 | 17 | 62 | 58 | 49 | 55 | 186 | 383 | 189 | 212 | |
| Operating Profit | 15 | 21 | 43 | 185 | 144 | 62 | 93 | 223 | 138 | 196 | — |
| OPM % | 53 | 83 | 88 | 78 | 80 | 62 | 71 | 59 | 28 | 64 | — |
| Other Income | 9 | 17 | 11 | 10 | 22 | 12 | 17 | 28 | 33 | 79 | 39 |
| Interest | 5 | 0 | 1 | 2 | 5 | 6 | 8 | 32 | 23 | 17 | 14 |
| Depreciation | 12 | 9 | 8 | 35 | 24 | 19 | 15 | 28 | 30 | 30 | 29 |
| 3 | 40 | 38 | 150 | 141 | 65 | 36 | 164 | 85 | 148 | 74 | |
| Tax % | -2 | 10 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | 0 |
| Net Profit | 3 | 36 | 38 | 149 | 141 | 65 | 36 | 164 | 85 | 147 | 74 |
| EPS | 0 | 3 | 3 | 11 | 11 | 5 | 3 | 12 | 6 | 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 | 11 | 11 | 5 | 3 | 12 | 6 | 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 | 11 | 11 | 5 | 3 | 12 | 6 | 11 | — |
Mar 2016
- 28
- 22
- Operating Profit
- 15
- OPM %
- 53
- Other Income
- 9
- Interest
- 5
- Depreciation
- 12
- 3
- Tax %
- -2
- Net Profit
- 3
- 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
- 21
- Operating Profit
- 21
- OPM %
- 83
- Other Income
- 17
- Interest
- 0
- Depreciation
- 9
- 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
- 17
- Operating Profit
- 43
- OPM %
- 88
- Other Income
- 11
- 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
- 237
- 62
- Operating Profit
- 185
- OPM %
- 78
- Other Income
- 10
- Interest
- 2
- Depreciation
- 35
- 150
- Tax %
- 1
- Net Profit
- 149
- 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
Mar 2020
- 180
- 58
- Operating Profit
- 144
- OPM %
- 80
- Other Income
- 22
- Interest
- 5
- Depreciation
- 24
- 141
- Tax %
- 0
- Net Profit
- 141
- 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
Mar 2021
- 99
- 49
- Operating Profit
- 62
- OPM %
- 62
- Other Income
- 12
- Interest
- 6
- Depreciation
- 19
- 65
- Tax %
- 0
- Net Profit
- 65
- EPS
- 5
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 5
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 5
Mar 2022
- 131
- 55
- Operating Profit
- 93
- OPM %
- 71
- Other Income
- 17
- Interest
- 8
- Depreciation
- 15
- 36
- Tax %
- 0
- 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 2023
- 381
- 186
- Operating Profit
- 223
- OPM %
- 59
- Other Income
- 28
- Interest
- 32
- Depreciation
- 28
- 164
- Tax %
- 0
- Net Profit
- 164
- 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 2024
- 488
- 383
- Operating Profit
- 138
- OPM %
- 28
- Other Income
- 33
- Interest
- 23
- Depreciation
- 30
- 85
- Tax %
- 0
- Net Profit
- 85
- EPS
- 6
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 6
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 6
Mar 2025
- 306
- 189
- Operating Profit
- 196
- OPM %
- 64
- Other Income
- 79
- Interest
- 17
- Depreciation
- 30
- 148
- Tax %
- 1
- 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
- 281
- 212
- Operating Profit
- —
- OPM %
- —
- Other Income
- 39
- Interest
- 14
- Depreciation
- 29
- 74
- Tax %
- 0
- Net Profit
- 74
- 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:
- 11%
- 3 Years:
- 33%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- —
- 5 Years:
- 1%
- 3 Years:
- 60%
STOCK PRICE CAGR
- 10 Years:
- 12%
- 5 Years:
- -1%
- 3 Years:
- -2%
- 1 Year:
- -9%
RETURN ON EQUITY
- 10 Years:
- 14%
- 5 Years:
- 11%
- 3 Years:
- 14%
- Last Year:
- 14%
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| 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 |
| 165 | 201 | 243 | 392 | 533 | 598 | 634 | 797 | 880 | 1,027 | |
| 0 | 0 | 0 | 0 | 0 | 62 | 95 | 210 | 0 | 0 | |
| Trade Payables | 7 | 18 | 18 | 11 | 13 | 12 | 17 | 95 | 146 | 134 |
| 177 | 166 | 143 | 151 | 224 | 231 | 397 | 336 | 399 | 328 | |
| Total Liabilities | 478 | 515 | 534 | 684 | 901 | 1,035 | 1,275 | 1,571 | 1,557 | 1,622 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 68 | 231 | 279 | 339 | 318 | 301 | 289 | 795 | 793 | 784 | |
| Capital Work in Progress | 130 | 6 | 6 | 2 | 139 | 274 | 511 | 27 | 35 | 40 |
| 67 | 152 | 42 | 171 | 151 | 90 | 60 | 174 | 60 | 60 | |
| 22 | 25 | 28 | 23 | 22 | 30 | 6 | 78 | 40 | 207 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 207 | 26 | |
| Cash & Bank | 53 | 34 | 92 | 25 | 64 | 46 | 45 | 57 | 36 | 97 |
| 138 | 68 | 87 | 125 | 207 | 294 | 364 | 440 | 387 | 408 | |
| Total Assets | 478 | 515 | 534 | 684 | 901 | 1,035 | 1,275 | 1,571 | 1,557 | 1,622 |
| Total Debt | 0 | 0 | 0 | 0 | 0 | 150 | 256 | 284 | 74 | 50 |
| Net Working Capital | 170 | 158 | 151 | 180 | 184 | 223 | 60 | 189 | 236 | 368 |
| Contingent Liabilities | 36 | 40 | 43 | 56 | 260 | 260 | 287 | 287 | 272 | 272 |
| Book Value per Share | 22.61 | 25.39 | 28.62 | 40.03 | 50.29 | 55.21 | 57.92 | 70.30 | 76.55 | 87.67 |
| 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 | 0 | 0 | 150 | 256 | 284 | 74 | 50 |
| Net Working Capital | 170 | 158 | 151 | 180 | 184 | 223 | 60 | 189 | 236 | 368 |
| Contingent Liabilities | 36 | 40 | 43 | 56 | 260 | 260 | 287 | 287 | 272 | 272 |
| Book Value per Share | 22.61 | 25.39 | 28.62 | 40.03 | 50.29 | 55.21 | 57.92 | 70.30 | 76.55 | 87.67 |
| 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
- 165
- 0
- Trade Payables
- 7
- 177
- Total Liabilities
- 478
- 68
- Capital Work in Progress
- 130
- 67
- 22
- 0
- Cash & Bank
- 53
- 138
- Total Assets
- 478
- Total Debt
- 0
- Net Working Capital
- 170
- Contingent Liabilities
- 36
- Book Value per Share
- 22.61
- Face Value
- 10.00
- Total Debt
- 0
- Net Working Capital
- 170
- Contingent Liabilities
- 36
- Book Value per Share
- 22.61
- Face Value
- 10.00
Mar 2017
- Equity Capital
- 130
- 201
- 0
- Trade Payables
- 18
- 166
- Total Liabilities
- 515
- 231
- Capital Work in Progress
- 6
- 152
- 25
- 0
- Cash & Bank
- 34
- 68
- Total Assets
- 515
- Total Debt
- 0
- Net Working Capital
- 158
- Contingent Liabilities
- 40
- Book Value per Share
- 25.39
- Face Value
- 10.00
- Total Debt
- 0
- Net Working Capital
- 158
- Contingent Liabilities
- 40
- Book Value per Share
- 25.39
- Face Value
- 10.00
Mar 2018
- Equity Capital
- 130
- 243
- 0
- Trade Payables
- 18
- 143
- Total Liabilities
- 534
- 279
- Capital Work in Progress
- 6
- 42
- 28
- 0
- Cash & Bank
- 92
- 87
- Total Assets
- 534
- Total Debt
- 0
- Net Working Capital
- 151
- Contingent Liabilities
- 43
- Book Value per Share
- 28.62
- Face Value
- 10.00
- Total Debt
- 0
- Net Working Capital
- 151
- Contingent Liabilities
- 43
- Book Value per Share
- 28.62
- Face Value
- 10.00
Mar 2019
- Equity Capital
- 130
- 392
- 0
- Trade Payables
- 11
- 151
- Total Liabilities
- 684
- 339
- Capital Work in Progress
- 2
- 171
- 23
- 0
- Cash & Bank
- 25
- 125
- Total Assets
- 684
- Total Debt
- 0
- Net Working Capital
- 180
- Contingent Liabilities
- 56
- Book Value per Share
- 40.03
- Face Value
- 10.00
- Total Debt
- 0
- Net Working Capital
- 180
- Contingent Liabilities
- 56
- Book Value per Share
- 40.03
- Face Value
- 10.00
Mar 2020
- Equity Capital
- 132
- 533
- 0
- Trade Payables
- 13
- 224
- Total Liabilities
- 901
- 318
- Capital Work in Progress
- 139
- 151
- 22
- 0
- Cash & Bank
- 64
- 207
- Total Assets
- 901
- Total Debt
- 0
- Net Working Capital
- 184
- Contingent Liabilities
- 260
- Book Value per Share
- 50.29
- Face Value
- 10.00
- Total Debt
- 0
- Net Working Capital
- 184
- Contingent Liabilities
- 260
- Book Value per Share
- 50.29
- Face Value
- 10.00
Mar 2021
- Equity Capital
- 132
- 598
- 62
- Trade Payables
- 12
- 231
- Total Liabilities
- 1,035
- 301
- Capital Work in Progress
- 274
- 90
- 30
- 0
- Cash & Bank
- 46
- 294
- Total Assets
- 1,035
- Total Debt
- 150
- Net Working Capital
- 223
- Contingent Liabilities
- 260
- Book Value per Share
- 55.21
- Face Value
- 10.00
- Total Debt
- 150
- Net Working Capital
- 223
- Contingent Liabilities
- 260
- Book Value per Share
- 55.21
- Face Value
- 10.00
Mar 2022
- Equity Capital
- 132
- 634
- 95
- Trade Payables
- 17
- 397
- Total Liabilities
- 1,275
- 289
- Capital Work in Progress
- 511
- 60
- 6
- 0
- Cash & Bank
- 45
- 364
- Total Assets
- 1,275
- Total Debt
- 256
- Net Working Capital
- 60
- Contingent Liabilities
- 287
- Book Value per Share
- 57.92
- Face Value
- 10.00
- Total Debt
- 256
- Net Working Capital
- 60
- Contingent Liabilities
- 287
- Book Value per Share
- 57.92
- Face Value
- 10.00
Mar 2023
- Equity Capital
- 132
- 797
- 210
- Trade Payables
- 95
- 336
- Total Liabilities
- 1,571
- 795
- Capital Work in Progress
- 27
- 174
- 78
- 0
- Cash & Bank
- 57
- 440
- Total Assets
- 1,571
- Total Debt
- 284
- Net Working Capital
- 189
- Contingent Liabilities
- 287
- Book Value per Share
- 70.30
- Face Value
- 10.00
- Total Debt
- 284
- Net Working Capital
- 189
- Contingent Liabilities
- 287
- Book Value per Share
- 70.30
- Face Value
- 10.00
Mar 2024
- Equity Capital
- 132
- 880
- 0
- Trade Payables
- 146
- 399
- Total Liabilities
- 1,557
- 793
- Capital Work in Progress
- 35
- 60
- 40
- 207
- Cash & Bank
- 36
- 387
- Total Assets
- 1,557
- Total Debt
- 74
- Net Working Capital
- 236
- Contingent Liabilities
- 272
- Book Value per Share
- 76.55
- Face Value
- 10.00
- Total Debt
- 74
- Net Working Capital
- 236
- Contingent Liabilities
- 272
- Book Value per Share
- 76.55
- Face Value
- 10.00
Mar 2025
- Equity Capital
- 132
- 1,027
- 0
- Trade Payables
- 134
- 328
- Total Liabilities
- 1,622
- 784
- Capital Work in Progress
- 40
- 60
- 207
- 26
- Cash & Bank
- 97
- 408
- Total Assets
- 1,622
- Total Debt
- 50
- Net Working Capital
- 368
- Contingent Liabilities
- 272
- Book Value per Share
- 87.67
- Face Value
- 10.00
- Total Debt
- 50
- Net Working Capital
- 368
- Contingent Liabilities
- 272
- Book Value per Share
- 87.67
- Face Value
- 10.00
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 91 | 98 | -7 | 159 | 196 | -65 | 110 | 184 | -15 | 101 | |
| Cash from Investing | -1 | -32 | -60 | -149 | -186 | -165 | -262 | -60 | 110 | -72 |
| Cash from Financing | 0 | 0 | 0 | 0 | 2 | 150 | 105 | 2 | -226 | -30 |
| 90 | 66 | -67 | 11 | 12 | -80 | -47 | 125 | -130 | -1 | |
| Free Cash Flow | 91 | 52 | -63 | 71 | 56 | -202 | -132 | 135 | -192 | 75 |
| OCF / Net Profit | 26.01 | 2.70 | -0.18 | 1.07 | 1.39 | -1.01 | 3.08 | 1.12 | -0.17 | 0.69 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 207 | -85 | -269 | -71 | -334 | -315 |
| OCF / Net Profit | 26.01 | 2.70 | -0.18 | 1.07 | 1.39 | -1.01 | 3.08 | 1.12 | -0.17 | 0.69 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 207 | -85 | -269 | -71 | -334 | -315 |
Mar 2016
- 91
- Cash from Investing
- -1
- Cash from Financing
- 0
- 90
- Free Cash Flow
- 91
- OCF / Net Profit
- 26.01
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 26.01
- Cumulative 5-Year FCF
- 0
Mar 2017
- 98
- Cash from Investing
- -32
- Cash from Financing
- 0
- 66
- Free Cash Flow
- 52
- OCF / Net Profit
- 2.70
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 2.70
- Cumulative 5-Year FCF
- 0
Mar 2018
- -7
- Cash from Investing
- -60
- Cash from Financing
- 0
- -67
- Free Cash Flow
- -63
- OCF / Net Profit
- -0.18
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -0.18
- Cumulative 5-Year FCF
- 0
Mar 2019
- 159
- Cash from Investing
- -149
- Cash from Financing
- 0
- 11
- Free Cash Flow
- 71
- OCF / Net Profit
- 1.07
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.07
- Cumulative 5-Year FCF
- 0
Mar 2020
- 196
- Cash from Investing
- -186
- Cash from Financing
- 2
- 12
- Free Cash Flow
- 56
- OCF / Net Profit
- 1.39
- Cumulative 5-Year FCF
- 207
- OCF / Net Profit
- 1.39
- Cumulative 5-Year FCF
- 207
Mar 2021
- -65
- Cash from Investing
- -165
- Cash from Financing
- 150
- -80
- Free Cash Flow
- -202
- OCF / Net Profit
- -1.01
- Cumulative 5-Year FCF
- -85
- OCF / Net Profit
- -1.01
- Cumulative 5-Year FCF
- -85
Mar 2022
- 110
- Cash from Investing
- -262
- Cash from Financing
- 105
- -47
- Free Cash Flow
- -132
- OCF / Net Profit
- 3.08
- Cumulative 5-Year FCF
- -269
- OCF / Net Profit
- 3.08
- Cumulative 5-Year FCF
- -269
Mar 2023
- 184
- Cash from Investing
- -60
- Cash from Financing
- 2
- 125
- Free Cash Flow
- 135
- OCF / Net Profit
- 1.12
- Cumulative 5-Year FCF
- -71
- OCF / Net Profit
- 1.12
- Cumulative 5-Year FCF
- -71
Mar 2024
- -15
- Cash from Investing
- 110
- Cash from Financing
- -226
- -130
- Free Cash Flow
- -192
- OCF / Net Profit
- -0.17
- Cumulative 5-Year FCF
- -334
- OCF / Net Profit
- -0.17
- Cumulative 5-Year FCF
- -334
Mar 2025
- 101
- Cash from Investing
- -72
- Cash from Financing
- -30
- -1
- Free Cash Flow
- 75
- OCF / Net Profit
- 0.69
- Cumulative 5-Year FCF
- -315
- OCF / Net Profit
- 0.69
- Cumulative 5-Year FCF
- -315
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - | - | - |
| EPS (₹) | 0.27 | 2.79 | 2.90 | 11.42 | 10.65 | 4.92 | 2.71 | 12.38 | 6.43 | 11.15 |
| Book Value (₹) | 22.61 | 25.39 | 28.62 | 40.03 | 50.29 | 55.21 | 57.92 | 70.30 | 76.55 | 87.67 |
| 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 (₹) | 1.19 | 3.52 | 3.54 | 14.10 | 12.46 | 6.32 | 3.83 | 14.47 | 8.69 | 13.45 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 53.02% | 83.13% | 87.84% | 77.93% | 79.94% | 62.38% | 71.07% | 58.59% | 21.56% | 38.30% |
| Net Margin % | 12.33% | 145.40% | 77.67% | 62.88% | 78.31% | 65.43% | 27.45% | 42.95% | 17.41% | 48.18% |
| ROE % | 1.23% | 11.62% | 10.74% | 33.26% | 23.72% | 9.33% | 4.79% | 19.30% | 8.75% | 13.58% |
| ROCE % | 2.86% | 12.85% | 11.05% | 33.90% | 24.60% | 9.19% | 4.58% | 17.50% | 9.42% | 14.44% |
| 0.72% | 7.33% | 7.21% | 24.45% | 17.76% | 6.72% | 3.10% | 11.50% | 5.43% | 9.28% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 34 | 50 | 78 | 42 | 75 | 116 | 58 | 27 | 93 | 139 |
| Inventory Days | 293 | 344 | 198 | 39 | 45 | 96 | 51 | 40 | 44 | 147 |
| Payable Days | 1598 | 0 | -1433 | 1333 | 0 | -2303 | 2329 | -350 | 1379 | -359 |
| -1272 | 394 | 1710 | -1251 | 121 | 2516 | -2220 | 417 | -1242 | 645 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.21x | 0.33x | 0.31x | 0.07x | 0.04x |
| Interest Coverage (x) | 1.74x | 0.00x | 35.57x | 77.72x | 27.94x | 11.89x | 5.65x | 6.12x | 4.65x | 9.60x |
| 3.80x | 3.32x | 4.62x | 5.34x | 2.39x | 3.07x | 1.27x | 1.45x | 1.68x | 2.34x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | -29.65% | -11.72% | 94.67% | 386.31% | -24.09% | -44.71% | 31.24% | 191.98% | 28.16% | -37.33% |
| Operating Profit Growth % | 465.32% | 38.42% | 105.70% | 331.42% | -22.12% | -56.86% | 49.53% | 140.73% | -38.12% | 41.97% |
| Net Profit Growth % | 100.29% | 941.02% | 3.99% | 293.71% | -5.46% | -53.80% | -44.93% | 356.85% | -48.06% | 73.49% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | -48.06% | 73.49% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 27.61x | 15.34x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 2.32x | 1.95x |
| 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 | 17.26x | 11.30x |
Mar 2016
- EPS (₹)
- 0.27
- Book Value (₹)
- 22.61
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 1.19
- Operating Margin %
- 53.02%
- Net Margin %
- 12.33%
- ROE %
- 1.23%
- ROCE %
- 2.86%
- 0.72%
- Debtor Days
- 34
- Inventory Days
- 293
- Payable Days
- 1598
- -1272
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 1.74x
- 3.80x
- Revenue Growth %
- -29.65%
- Operating Profit Growth %
- 465.32%
- Net Profit Growth %
- 100.29%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2017
- EPS (₹)
- 2.79
- Book Value (₹)
- 25.39
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 3.52
- Operating Margin %
- 83.13%
- Net Margin %
- 145.40%
- ROE %
- 11.62%
- ROCE %
- 12.85%
- 7.33%
- Debtor Days
- 50
- Inventory Days
- 344
- Payable Days
- 0
- 394
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 0.00x
- 3.32x
- Revenue Growth %
- -11.72%
- Operating Profit Growth %
- 38.42%
- Net Profit Growth %
- 941.02%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2018
- EPS (₹)
- 2.90
- Book Value (₹)
- 28.62
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 3.54
- Operating Margin %
- 87.84%
- Net Margin %
- 77.67%
- ROE %
- 10.74%
- ROCE %
- 11.05%
- 7.21%
- Debtor Days
- 78
- Inventory Days
- 198
- Payable Days
- -1433
- 1710
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 35.57x
- 4.62x
- Revenue Growth %
- 94.67%
- Operating Profit Growth %
- 105.70%
- Net Profit Growth %
- 3.99%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2019
- EPS (₹)
- 11.42
- Book Value (₹)
- 40.03
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 14.10
- Operating Margin %
- 77.93%
- Net Margin %
- 62.88%
- ROE %
- 33.26%
- ROCE %
- 33.90%
- 24.45%
- Debtor Days
- 42
- Inventory Days
- 39
- Payable Days
- 1333
- -1251
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 77.72x
- 5.34x
- Revenue Growth %
- 386.31%
- Operating Profit Growth %
- 331.42%
- Net Profit Growth %
- 293.71%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2020
- EPS (₹)
- 10.65
- Book Value (₹)
- 50.29
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 12.46
- Operating Margin %
- 79.94%
- Net Margin %
- 78.31%
- ROE %
- 23.72%
- ROCE %
- 24.60%
- 17.76%
- Debtor Days
- 75
- Inventory Days
- 45
- Payable Days
- 0
- 121
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 27.94x
- 2.39x
- Revenue Growth %
- -24.09%
- Operating Profit Growth %
- -22.12%
- Net Profit Growth %
- -5.46%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- 4.92
- Book Value (₹)
- 55.21
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 6.32
- Operating Margin %
- 62.38%
- Net Margin %
- 65.43%
- ROE %
- 9.33%
- ROCE %
- 9.19%
- 6.72%
- Debtor Days
- 116
- Inventory Days
- 96
- Payable Days
- -2303
- 2516
- Debt to Equity (x)
- 0.21x
- Interest Coverage (x)
- 11.89x
- 3.07x
- Revenue Growth %
- -44.71%
- Operating Profit Growth %
- -56.86%
- Net Profit Growth %
- -53.80%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- 2.71
- Book Value (₹)
- 57.92
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 3.83
- Operating Margin %
- 71.07%
- Net Margin %
- 27.45%
- ROE %
- 4.79%
- ROCE %
- 4.58%
- 3.10%
- Debtor Days
- 58
- Inventory Days
- 51
- Payable Days
- 2329
- -2220
- Debt to Equity (x)
- 0.33x
- Interest Coverage (x)
- 5.65x
- 1.27x
- Revenue Growth %
- 31.24%
- Operating Profit Growth %
- 49.53%
- Net Profit Growth %
- -44.93%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 12.38
- Book Value (₹)
- 70.30
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 14.47
- Operating Margin %
- 58.59%
- Net Margin %
- 42.95%
- ROE %
- 19.30%
- ROCE %
- 17.50%
- 11.50%
- Debtor Days
- 27
- Inventory Days
- 40
- Payable Days
- -350
- 417
- Debt to Equity (x)
- 0.31x
- Interest Coverage (x)
- 6.12x
- 1.45x
- Revenue Growth %
- 191.98%
- Operating Profit Growth %
- 140.73%
- Net Profit Growth %
- 356.85%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 6.43
- Book Value (₹)
- 76.55
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 8.69
- Operating Margin %
- 21.56%
- Net Margin %
- 17.41%
- ROE %
- 8.75%
- ROCE %
- 9.42%
- 5.43%
- Debtor Days
- 93
- Inventory Days
- 44
- Payable Days
- 1379
- -1242
- Debt to Equity (x)
- 0.07x
- Interest Coverage (x)
- 4.65x
- 1.68x
- Revenue Growth %
- 28.16%
- Operating Profit Growth %
- -38.12%
- Net Profit Growth %
- -48.06%
- -48.06%
- P/E (x)
- 27.61x
- P/B (x)
- 2.32x
- Dividend Yield %
- 0.00%
- 17.26x
Mar 2025
- EPS (₹)
- 11.15
- Book Value (₹)
- 87.67
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 13.45
- Operating Margin %
- 38.30%
- Net Margin %
- 48.18%
- ROE %
- 13.58%
- ROCE %
- 14.44%
- 9.28%
- Debtor Days
- 139
- Inventory Days
- 147
- Payable Days
- -359
- 645
- Debt to Equity (x)
- 0.04x
- Interest Coverage (x)
- 9.60x
- 2.34x
- Revenue Growth %
- -37.33%
- Operating Profit Growth %
- 41.97%
- Net Profit Growth %
- 73.49%
- 73.49%
- P/E (x)
- 15.34x
- P/B (x)
- 1.95x
- Dividend Yield %
- 0.00%
- 11.30x
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