ALFA Finder| Revenue growth | Sharp YoY decline to ₹81cr due to lower volumes and prices. |
|---|---|
| Margins | EBITDA margins targeted at 60% post-infrastructure resolution. |
| Demand visibility | Constrained by pipeline infrastructure; hopes for FY27 grid connectivity. |
| Management confidence | Defensive tone regarding HPCL dispute and recurring project delays. |
Growth
Revenue fell to ₹81cr from ₹156cr YoY due to lower Dirok off-take and BIT field underperformance.
Outlook
Targeting 3x Dirok production (45 MMSCFD) post-grid connection in FY27 and 60% EBITDA margins.
Risks
Unresolved ₹259cr HPCL receivable blocks capex; consistent drilling and production delays across B80 and Dirok fields.
Last quarter's promises, checked
Delivered
- Mechanical completion of DNPL line → Completed (= BEAT)
- B-80 operational days → 89 days (= BEAT)
- Drill 8 wells in Kharsang → 8 wells drilled (= BEAT)
Partly delivered
- Workover B-80 well in Feb → Delayed to post-monsoon (= PARTIAL)
- Connect IGGL to Numaligarh → Mechanical done, hook-up pending (= PARTIAL)
- Kharsang 1,000+ bopd target → 800 bopd current (= PARTIAL)
Missed
- Resolve HPCL dispute last quarter → Still pending ₹259cr (= MISS)
- Revenue ₹156cr YoY → ₹81cr (= MISS)
- Dirok gas sales 14 mmscfd → 13 mmscfd (= MISS)
Earnings Call filed with BSE, NSE: HINDOILEXP. Summary written with AI assistance from the document.
Hindustan Oil Exploration Company Ltd: key numbers
- Share price
- ₹171.27
- Market cap
- ₹2,265 Cr
- Revenue (annual)
- ₹263.1 Cr
- Net profit (annual)
- ₹62.75 Cr
- P/E (TTM)
- 55.0×Sector 17.5×
- Promoter holding
- 0.00%+0.00% QoQ
- FII holding
- 1.95%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Hindustan Oil Exploration Company Ltd
All →Hindustan Oil Exploration Company Earnings Call Transcript: Key Takeaways
Q2 FY27 consolidated revenue ₹151.8 Cr, EBITDA ₹37.5 Cr (24.7% margin), PAT ₹19.0 Cr. Profit flattered by a one-time HPCL crude sale (~₹57.8 Cr) and a smaller inventory write-down.
Hindustan Oil Exploration Company Investor Presentation: Key Takeaways
H1 FY27 consolidated revenue ₹275.8 Cr (-33%), EBITDA ₹63.2 Cr (+5%), PAT ₹25.1 Cr (-46%). Q2 gross production 5,988 BOEPD; 2P reserves 104.4 MMBOE.
Hindustan Oil Exploration Company Q2 FY27 Results: Net Profit ₹18.9 Cr, Up 575.0% YoY
Hindustan Oil Exploration Company Ltd reported revenue from operations of ₹151.8 Cr (-53.3% YoY) and net profit of ₹18.9 Cr (+575.0% YoY) for Q2 FY27.
- Key figure
- Net profit ₹18.9 Cr · +575.0% YoY
Hindustan Oil Exploration Company Management Change
Hindustan Oil Exploration's Company Secretary and Compliance Officer Josephin Daisy resigned effective close of business on 2 November 2026. The board appreciated her contributions.
Hindustan Oil Exploration Company Board Meeting Date
Hindustan Oil Exploration will hold a board meeting on November 6, 2026 to consider unaudited results for the quarter and half year ended September 30, 2026. This is a future meeting notice; results are not yet published.
Hindustan Oil Exploration Company Capital Structure Change
Non-promoter group led by LCI Estates LLP bought 1,20,000 secondary-market shares of Hindustan Oil Exploration. Their holding rose to 8.14% of capital.