Hindustan Oil Exploration Co., Ltd. (IN:HINDOILEXP)
:HINDOILEXP
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Hindustan Oil Exploration Co., Ltd.
(HINDOILEXP)
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Rating:69Neutral
Price Target:
₹170.00
▲(8.56% Upside)
Action:ReiteratedDate:04/11/26
The score is supported by solid underlying financial performance and generally positive price momentum (trading above key moving averages with RSI ~62). Offsetting this, valuation is a meaningful headwind due to the very high P/E, which lowers the overall attractiveness.
Positive Factors
Profitability
The income statement summary cites solid net profit and EBIT margins, indicating durable cost control and operational efficiency. Persistent margin strength supports reinvestment in exploration and development, buffers commodity price swings, and underpins long-term free cash generation potential.
Negative Factors
Revenue Decline
A ~23% recent revenue decline signals reduced scale or adverse realization effects. Persistently lower revenue diminishes operating leverage, can erode margins if fixed costs remain, and limits internally generated funds for exploration and development unless volumes or prices recover sustainably.
Read all positive and negative factors
Positive Factors
Negative Factors
Profitability
The income statement summary cites solid net profit and EBIT margins, indicating durable cost control and operational efficiency. Persistent margin strength supports reinvestment in exploration and development, buffers commodity price swings, and underpins long-term free cash generation potential.
Read all positive factors
Hindustan Oil Exploration Co., Ltd. (HINDOILEXP) vs. iShares MSCI India ETF (INDA)
Market Cap
₹20.50B
Dividend YieldN/A
Average Volume (3M)25.66K
Price to Earnings (P/E)62.3
Beta (1Y)1.21
Revenue Growth-16.59%
EPS Growth-16.91%
CountryIN
Employees112
SectorEnergy
Sector Strength52
IndustryOil & Gas Exploration & Production
Share Statistics
EPS (TTM)0.63
Shares Outstanding132,243,290
10 Day Avg. Volume29,634
30 Day Avg. Volume25,665
Financial Highlights & Ratios
PEG Ratio-0.45
Price to Book (P/B)1.76
Price to Sales (P/S)5.52
P/FCF Ratio18.11
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Hindustan Oil Exploration Co., Ltd. Business Overview & Revenue Model
Company Description
Hindustan Oil Exploration Company Limited 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. As of March 31, 2021, the company's es...
How the Company Makes Money
Hindustan Oil Exploration Company Ltd. primarily makes money by producing and selling hydrocarbons (natural gas and crude oil) from the oil and gas fields in which it has participating interests. Revenue is generated from its share of production (...
Hindustan Oil Exploration Co., Ltd. Financial Statement Overview
Summary
Income Statement
75
Positive
Balance Sheet
70
Positive
Cash Flow
68
Positive
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 5.84B | 4.21B | 7.49B | 5.59B | 1.56B | 1.14B |
| Gross Profit | 841.28M | 1.22B | 2.50B | 2.74B | 345.86M | 631.67M |
| EBITDA | 1.52B | 2.38B | 3.60B | 3.09B | 795.05M | 796.75M |
| Net Income | 1.41B | 1.47B | 2.26B | 1.94B | 199.94M | 534.19M |
Balance Sheet | ||||||
| Total Assets | 20.87B | 19.62B | 19.51B | 18.50B | 15.27B | 11.85B |
| Cash, Cash Equivalents and Short-Term Investments | 913.48M | 2.69B | 141.47M | 1.45B | 294.64M | 922.67M |
| Total Debt | 768.97M | 1.21B | 1.74B | 3.64B | 3.57B | 2.54B |
| Total Liabilities | 7.19B | 6.41B | 7.77B | 9.03B | 7.74B | 4.52B |
| Stockholders Equity | 13.68B | 13.21B | 11.74B | 9.47B | 7.53B | 7.33B |
Cash Flow | ||||||
| Free Cash Flow | -481.43M | 1.28B | 1.04B | 1.48B | -1.58B | -2.83B |
| Operating Cash Flow | -171.95M | 1.61B | 1.23B | 2.19B | 1.08B | -766.10M |
| Investing Cash Flow | 531.18M | -825.87M | -392.05M | -769.89M | -2.80B | -2.08B |
| Financing Cash Flow | -89.39M | -776.85M | -2.15B | -272.29M | 1.06B | 2.06B |
Hindustan Oil Exploration Co., Ltd. Technical Analysis
Positive
156.60
Price Trends
140.13
Positive
145.07
Positive
155.68
Negative
Market Momentum
<0.01
Negative
62.18
Neutral
71.39
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:HINDOILEXP, the sentiment is Positive. The current price of 156.6 is above the 20-day moving average (MA) of 131.83, above the 50-day MA of 140.13, and above the 200-day MA of 155.68, indicating a neutral trend. The MACD of <0.01 indicates Negative momentum. The RSI at 62.18 is Neutral, neither overbought nor oversold. The STOCH value of 71.39 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:HINDOILEXP.
Hindustan Oil Exploration Co., Ltd. Peers Comparison
UnderperformOutperform
Sector (65)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
74 Outperform | ₹766.05B | 14.43 | ― | 2.94% | -1.94% | -28.79% | |
69 Neutral | ₹20.50B | 62.34 | ― | ― | -16.59% | -16.91% | |
68 Neutral | ₹15.45B | -12.45 | ― | 0.18% | 34.80% | 252.88% | |
68 Neutral | ₹38.73B | 7.02 | ― | ― | -12.66% | -44.61% | |
65 Neutral | $15.17B | 7.61 | 4.09% | 5.20% | 3.87% | -62.32% | |
52 Neutral | ₹29.21B | 10.83 | ― | 0.67% | 55.21% | -128.34% |
* Energy Sector Average
IN:HINDOILEXP
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Hindustan Oil Exploration Co., Ltd. Corporate Events
Hindustan Oil Exploration Files SEBI Dematerialisation Compliance Certificate for Q4 FY26
Apr 10, 2026
Hindustan Oil Exploration Company Limited has submitted to the National Stock Exchange of India and BSE a compliance certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended March 31, 2...
Hindustan Oil Exploration Says Unaware of Reasons Behind Surge in Share Trading Volume
Apr 8, 2026
Hindustan Oil Exploration Company Limited has addressed a recent significant increase in trading volume of its shares after queries from the National Stock Exchange of India and BSE. The company stated that it regularly discloses all events and in...
HOEC Publishes Postal Ballot, E-Voting Notice in Newspapers
Feb 28, 2026
Hindustan Oil Exploration Company Limited has notified the stock exchanges that it has published newspaper advertisements announcing the dispatch of its Postal Ballot Notice dated February 25, 2026, along with details of remote e-voting. The notic...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.