ALFA Finder| Margins | Focus on reducing OPEX via gas-run generators instead of diesel. |
|---|---|
| Demand visibility | Constrained by infrastructure; Dirok producing at 1/3rd potential. |
| Management confidence | High regarding resolution of HPCL dispute and alternative sales. |
Growth
B80 production declined from 377 barrels (Q4FY26) to 270 barrels (Q1FY27). Dirok gas production increased from 13.43 Mmscf to 15.424 Mmscf.
Outlook
Estimated FY27 capex of USD 45 million for B80 drilling; target gas production revival in Cauvery by mid-October 2026.
Risks
Crude sales dispute with HPCL held up ~INR 260 crore; production constrained by lack of gas evacuation infrastructure.
Last quarter's promises, checked
Delivered
- Targeted Kharsang production doubling → delivered 2x ramp-up (= BEAT)
- Guided lifting cost ~$28.6/barrel → delivered $28.4/barrel (= BEAT)
Partly delivered
- Guided HPCL crude sale resolution in 2-3 months → Invoice reversed, alternate sales started but proceeds staggered (= PARTIAL)
Missed
- Guided B-80 production 4,000-5,000 barrels → delivered 270-377 barrels (= MISS)
- Targeted Dirok gas 45 Mmscf/d → delivered 15.42 Mmscf/d (= MISS)
Investor Presentation 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.