ALFA Finder| Revenue growth | Q2 revenue ₹151.8 Cr, up QoQ; HPCL one-time sale aided. |
|---|---|
| Margins | EBITDA margin 24.7%, with one-off HPCL sale included. |
| Demand visibility | Domestic gas demand uncertain; PY1 offtake needs firm take-or-pay contract. |
| Management confidence | Over-optimistic: volume targets firm despite repeated timeline slippage. |
Growth
QoQ revenue rose to ₹151.8 Cr; EBITDA more than doubled, aided by the one-time HPCL crude sale.
Outlook
Targets 11,000 boe/d by mid-2027, 22,000 by FY28, 30,000-32,000 by 2029. Gross debt ₹211.1 Cr, cash ₹166 Cr.
Risks
HPCL dispute in arbitration; D2 well ~93% water-cut; liquidity relies on ₹125 Cr loan and sought ₹600 Cr facility.
Last quarter's promises, checked
Partly delivered
- Guided debt raise to fund B-80 program (Aug: ₹20 Cr bank loan only) → ₹125 Cr loan raised; ₹600 Cr facility sought (= PARTIAL)
Missed
- Guided D1/D2 workovers by Oct-26 to lift output → D2 watered out at ~93% water-cut (= MISS)
- Guided HPCL crude cleared by early Nov-26 via amicable conciliation → dispute in arbitration (= MISS)
Earnings Call Transcript filed with NSE, NSE: HINDOILEXP. Summary written with AI assistance from the document.
Hindustan Oil Exploration Company Ltd: key numbers
- Share price
- ₹151.84
- Market cap
- ₹2,008 Cr
- Revenue (annual)
- ₹263.1 Cr
- Net profit (annual)
- ₹62.75 Cr
- P/E (TTM)
- 48.8×Sector 17.2×
- 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 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.
Hindustan Oil Exploration Company Other Announcement
Hindustan Oil Exploration Company Ltd submitted its quarterly shareholding pattern for the period ended September 30, 2026, as per SEBI Regulation 31.