ALFA Finder| Revenue growth | Negative due to HPCL sale reversal and lower production. |
|---|---|
| Margins | Lifting cost stable at $28.4/barrel vs $28.6/barrel YoY. |
| Demand visibility | Strong gas shortfall in India supports Dirok production ramp-up. |
| Management confidence | High on reserve base; first call for new MD & CEO. |
Growth
Financials were negative this year; standalone revenue was INR 288cr vs INR 344cr last year due to HPCL reversal.
Outlook
Targeting 11,000 boepd by June 2027 and 32,000 boepd by 2029 through 20+ planned wells and B-80/PY-1 revival.
Risks
Pipeline evacuation constraints in the East; operational delays in drilling; rig availability; volatility in global energy costs.
Last quarter's promises, checked
Delivered
- Guided 90 operational days for B-80 → delivered 89 days (= BEAT)
- Guided DNPL mechanical completion → delivered Completed (= BEAT)
- Guided Kharsang 5 oil wells → delivered 5 oil wells (= BEAT)
Partly delivered
- Guided Kharsang 9 wells → delivered 8 drilled, 9th in progress (= PARTIAL)
- Guided Dirok revenue growth → delivered Rs. 23.78cr vs Rs. 26.57cr Prev Qtr (= MISS)
Missed
- Guided B-80 workover by Feb 2026 → delivered Delayed to post-monsoon (= MISS)
- Guided PY-1 drilling start April → delivered Delayed to October (= MISS)
- Guided Dirok offtake 14 mmscfd → delivered 13 mmscfd (= MISS)
Earnings Call filed with NSE, 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.