Hindustan Oil Exploration Company Ltd: Intrinsic Value & Share Price Analysis

Share Price and Basic Stock Data

Last Updated: May 31, 2025, 9:14 pm

Market Cap	2,294 Cr.
Current Price	174
High / Low	294/145
Stock P/E	15.6
Book Value	99.9
Dividend Yield	0.00 %
ROCE	12.3 %
ROE	11.8 %
Face Value	10.0
PEG Ratio	0.61

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for Hindustan Oil Exploration Company Ltd

Competitors of Hindustan Oil Exploration Company Ltd

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Gujarat Natural Resources Ltd	639 Cr.	49.8	51.7/9.92		11.9	0.00 %	0.57 %	2.93 %	10.0
Dolphin Offshore Enterprises (India) Ltd	1,724 Cr.	431	857/200	37.1	68.1	0.00 %	14.8 %	18.8 %	1.00
Deep Energy Resources Ltd	999 Cr.	312	348/153	694	121	0.00 %	0.39 %	0.35 %	10.0
Selan Explorations Technology Ltd	835 Cr.	549	1,100/475	11.3	309	0.00 %	22.7 %	17.1 %	10.0
Oil India Ltd	69,424 Cr.	427	768/322	10.6	306	2.46 %	13.0 %	13.4 %	10.0
Industry Average	32,527.08 Cr	451.86		88.32	566.99	0.95%	10.53%	9.43%	6.85

All Competitor Stocks of Hindustan Oil Exploration Company Ltd

Quarterly Result

Metric	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025
Sales	42	89	125	170	175	168	113	179	290	136	95	147	43
Expenses	21	39	80	90	40	77	45	108	215	74	63	72	39
Operating Profit	21	51	45	80	135	90	68	71	75	62	32	74	5
OPM %	50%	57%	36%	47%	77%	54%	60%	39%	26%	46%	33%	51%	11%
Other Income	-33	2	1	-10	4	7	3	10	37	11	5	4	57
Interest	4	7	12	12	7	9	8	7	6	6	5	5	5
Depreciation	11	14	16	22	23	20	18	21	20	18	18	20	22
Profit before tax	-27	33	19	36	110	68	44	51	85	48	13	52	36
Tax %	2%	1%	4%	-4%	3%	2%	2%	9%	17%	14%	19%	17%	-44%
Net Profit	-27	32	18	37	107	66	43	47	71	42	11	43	51
EPS in Rs	-2.06	2.45	1.34	2.82	8.06	5.00	3.27	3.52	5.34	3.17	0.82	3.28	3.87

Last Updated: May 31, 2025, 8:59 am

Below is a detailed analysis of the quarterly data for Hindustan Oil Exploration Company Ltd based on the most recent figures (Mar 2025) and their trends compared to the previous period:

For Sales, as of Mar 2025, the value is 43.00 Cr.. The value appears to be declining and may need further review. It has decreased from 147.00 Cr. (Dec 2024) to 43.00 Cr., marking a decrease of 104.00 Cr..
For Expenses, as of Mar 2025, the value is 39.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 72.00 Cr. (Dec 2024) to 39.00 Cr., marking a decrease of 33.00 Cr..
For Operating Profit, as of Mar 2025, the value is 5.00 Cr.. The value appears to be declining and may need further review. It has decreased from 74.00 Cr. (Dec 2024) to 5.00 Cr., marking a decrease of 69.00 Cr..
For OPM %, as of Mar 2025, the value is 11.00%. The value appears to be declining and may need further review. It has decreased from 51.00% (Dec 2024) to 11.00%, marking a decrease of 40.00%.
For Other Income, as of Mar 2025, the value is 57.00 Cr.. The value appears strong and on an upward trend. It has increased from 4.00 Cr. (Dec 2024) to 57.00 Cr., marking an increase of 53.00 Cr..
For Interest, as of Mar 2025, the value is 5.00 Cr.. The value remains steady. There is no change compared to the previous period (Dec 2024) which recorded 5.00 Cr..
For Depreciation, as of Mar 2025, the value is 22.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 20.00 Cr. (Dec 2024) to 22.00 Cr., marking an increase of 2.00 Cr..
For Profit before tax, as of Mar 2025, the value is 36.00 Cr.. The value appears to be declining and may need further review. It has decreased from 52.00 Cr. (Dec 2024) to 36.00 Cr., marking a decrease of 16.00 Cr..
For Tax %, as of Mar 2025, the value is -44.00%. The value appears to be improving (decreasing) as expected. It has decreased from 17.00% (Dec 2024) to -44.00%, marking a decrease of 61.00%.
For Net Profit, as of Mar 2025, the value is 51.00 Cr.. The value appears strong and on an upward trend. It has increased from 43.00 Cr. (Dec 2024) to 51.00 Cr., marking an increase of 8.00 Cr..
For EPS in Rs, as of Mar 2025, the value is 3.87. The value appears strong and on an upward trend. It has increased from 3.28 (Dec 2024) to 3.87, marking an increase of 0.59.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: March 7, 2025, 8:06 pm

Metric	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	TTM
Sales	128	78	59	48	26	49	265	202	114	156	558	749	667
Expenses	61	103	68	45	24	18	77	77	59	77	245	440	424
Operating Profit	67	-25	-9	3	1	31	188	125	55	78	312	309	243
OPM %	52%	-32%	-16%	6%	5%	63%	71%	62%	48%	50%	56%	41%	36%
Other Income	-564	6	-1,156	20	48	16	15	48	27	-23	-3	52	56
Interest	11	14	15	5	0	1	2	6	6	9	38	32	23
Depreciation	88	103	39	12	10	8	44	29	23	26	74	80	76
Profit before tax	-595	-136	-1,219	6	40	38	157	137	52	20	197	248	200
Tax %	-7%	-9%	0%	11%	10%	0%	0%	-0%	-3%	-2%	2%	9%
Net Profit	-553	-124	-1,220	5	36	38	157	138	53	20	194	226	167
EPS in Rs	-42.35	-9.48	-93.46	0.38	2.76	2.88	12.01	10.40	4.04	1.51	14.67	17.12	12.61
Dividend Payout %	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2013-2014	2014-2015	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024
YoY Net Profit Growth (%)	77.58%	-883.87%	100.41%	620.00%	5.56%	313.16%	-12.10%	-61.59%	-62.26%	870.00%	16.49%
Change in YoY Net Profit Growth (%)	0.00%	-961.45%	984.28%	519.59%	-614.44%	307.60%	-325.26%	-49.49%	-0.67%	932.26%	-853.51%

Hindustan Oil Exploration Company Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2013-2014 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:	22%
5 Years:	16%
3 Years:	39%
TTM:	-44%

Compounded Profit Growth
10 Years:	16%
5 Years:	7%
3 Years:	39%
TTM:	-24%

Stock Price CAGR
10 Years:	18%
5 Years:	26%
3 Years:	0%
1 Year:	-9%

Return on Equity
10 Years:	14%
5 Years:	14%
3 Years:	17%
Last Year:	12%

Last Updated: Unknown

Balance Sheet

Last Updated: February 12, 2025, 3:37 pm

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Sep 2024
Equity Capital	131	131	131	131	131	131	131	132	132	132	132	132	132
Reserves	532	405	150	175	211	253	410	547	601	621	815	1,042	1,095
Borrowings	886	947	0	0	0	0	12	45	254	357	364	174	145
Other Liabilities	210	179	154	186	183	160	182	311	198	417	539	603	543
Total Liabilities	1,758	1,662	435	491	525	544	734	1,036	1,185	1,527	1,850	1,951	1,916
Fixed Assets	1,079	1,058	80	68	232	281	384	357	335	510	1,246	1,247	1,222
CWIP	339	337	118	130	6	6	26	327	535	782	32	38	49
Investments	30	31	28	74	160	51	137	118	65	19	133	0	10
Other Assets	310	236	210	219	127	207	187	233	251	216	439	666	634
Total Assets	1,758	1,662	435	491	525	544	734	1,036	1,185	1,527	1,850	1,951	1,916

Below is a detailed analysis of the balance sheet data for Hindustan Oil Exploration Company Ltd based on the most recent figures (Sep 2024) and their trends compared to the previous period:

For Equity Capital, as of Sep 2024, the value is 132.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 132.00 Cr..
For Reserves, as of Sep 2024, the value is 1,095.00 Cr.. The value appears strong and on an upward trend. It has increased from 1,042.00 Cr. (Mar 2024) to 1,095.00 Cr., marking an increase of 53.00 Cr..
For Borrowings, as of Sep 2024, the value is 145.00 Cr.. The value appears to be improving (decreasing). Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has decreased from 174.00 Cr. (Mar 2024) to 145.00 Cr., marking a decrease of 29.00 Cr..
For Other Liabilities, as of Sep 2024, the value is 543.00 Cr.. The value appears to be improving (decreasing). It has decreased from 603.00 Cr. (Mar 2024) to 543.00 Cr., marking a decrease of 60.00 Cr..
For Total Liabilities, as of Sep 2024, the value is 1,916.00 Cr.. The value appears to be improving (decreasing). It has decreased from 1,951.00 Cr. (Mar 2024) to 1,916.00 Cr., marking a decrease of 35.00 Cr..
For Fixed Assets, as of Sep 2024, the value is 1,222.00 Cr.. The value appears to be declining and may need further review. It has decreased from 1,247.00 Cr. (Mar 2024) to 1,222.00 Cr., marking a decrease of 25.00 Cr..
For CWIP, as of Sep 2024, the value is 49.00 Cr.. The value appears strong and on an upward trend. It has increased from 38.00 Cr. (Mar 2024) to 49.00 Cr., marking an increase of 11.00 Cr..
For Investments, as of Sep 2024, the value is 10.00 Cr.. The value appears strong and on an upward trend. It has increased from 0.00 Cr. (Mar 2024) to 10.00 Cr., marking an increase of 10.00 Cr..
For Other Assets, as of Sep 2024, the value is 634.00 Cr.. The value appears to be declining and may need further review. It has decreased from 666.00 Cr. (Mar 2024) to 634.00 Cr., marking a decrease of 32.00 Cr..
For Total Assets, as of Sep 2024, the value is 1,916.00 Cr.. The value appears to be declining and may need further review. It has decreased from 1,951.00 Cr. (Mar 2024) to 1,916.00 Cr., marking a decrease of 35.00 Cr..

Notably, the Reserves (1,095.00 Cr.) exceed the Borrowings (145.00 Cr.), indicating a solid financial buffer.

Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Cash from Operating Activity +	20	12	94	98	-7	167	287	-77	111	219	123
Cash from Investing Activity +	-40	2	-1	-32	-60	-148	-297	-208	-280	-77	-39
Cash from Financing Activity +	-53	-24	0	0	0	0	34	206	106	-27	-215
Net Cash Flow	-73	-10	93	67	-67	20	24	-79	-63	115	-132

Free Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Free Cash Flow	-819.00	-972.00	-9.00	3.00	1.00	31.00	176.00	80.00	-199.00	-279.00	-52.00	135.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Debtor Days	51	40	34	31	74	124	56	66	100	38	77	153
Inventory Days	1,927	1,259	1,238	769
Days Payable	742	605	714	291
Cash Conversion Cycle	1,237	694	558	508	74	124	56	66	100	38	77	153
Working Capital Days	-299	-1,216	463	395	-384	137	49	-241	82	-254	0	78
ROCE %	-1%	-8%	-5%	2%	3%	9%	33%	18%	5%	6%	20%	18%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024
FIIs	0.93%	0.77%	0.78%	0.62%	0.62%	0.74%	0.97%	1.25%	1.31%	1.80%	1.64%	1.40%
DIIs	3.61%	3.13%	2.87%	2.73%	2.81%	1.45%	4.00%	0.61%	0.66%	0.52%	0.28%	0.34%
Government	0.01%	0.01%	0.02%	0.02%	0.02%	0.02%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Public	95.44%	96.08%	96.33%	96.64%	96.54%	97.77%	95.03%	98.14%	98.01%	97.67%	98.07%	98.25%
No. of Shareholders	71,971	74,048	78,532	78,378	77,190	72,657	84,120	87,978	98,329	95,202	94,186	96,669

Shareholding Pattern Chart

No. of Shareholders

Mutual Fund Holdings

Fund Name	No of Shares	AUM (%)	Amount Invested (Cr)	Previous Number of Shares	Previous Date	Percentage Change
Kotak Small Cap Fund - Regular Plan	736,768	0.1	12.1	736,768	2025-04-22 17:25:32	0%
Kotak Infrastructure & Economic Reform Fund - Regular Plan	570,000	0.82	9.36	570,000	2025-04-22 17:25:32	0%
Motilal Oswal Nifty Microcap 250 Index Fund	93,150	0.33	1.53	93,150	2025-04-22 15:56:57	0%
Groww Nifty Total Market Index Fund	214	0.01	0	214	2025-04-22 17:25:32	0%

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20
FaceValue	10.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	17.12	14.67	1.51	4.04	10.46
Diluted EPS (Rs.)	17.12	14.67	1.51	4.04	10.46
Cash EPS (Rs.)	23.19	20.23	3.56	5.69	12.58
Book Value[Excl.RevalReserv]/Share (Rs.)	88.80	71.62	56.94	55.43	51.39
Book Value[Incl.RevalReserv]/Share (Rs.)	88.80	71.62	56.94	55.43	51.39
Revenue From Operations / Share (Rs.)	56.64	42.26	11.77	8.61	15.28
PBDIT / Share (Rs.)	24.71	24.27	6.83	4.95	11.07
PBIT / Share (Rs.)	18.66	18.70	4.85	3.18	8.84
PBT / Share (Rs.)	18.79	14.91	1.56	3.80	10.34
Net Profit / Share (Rs.)	17.14	14.66	1.58	3.92	10.36
NP After MI And SOA / Share (Rs.)	17.12	14.67	1.51	4.04	10.40
PBDIT Margin (%)	43.62	57.42	58.03	57.48	72.43
PBIT Margin (%)	32.94	44.24	41.20	36.96	57.88
PBT Margin (%)	33.17	35.27	13.21	44.16	67.69
Net Profit Margin (%)	30.25	34.69	13.41	45.56	67.82
NP After MI And SOA Margin (%)	30.22	34.71	12.83	46.91	68.08
Return on Networth / Equity (%)	19.28	20.48	2.65	7.28	20.23
Return on Capital Employeed (%)	16.28	18.96	5.44	4.18	14.23
Return On Assets (%)	11.60	10.48	1.30	4.50	13.28
Long Term Debt / Equity (X)	0.06	0.09	0.27	0.21	0.04
Total Debt / Equity (X)	0.14	0.38	0.47	0.21	0.04
Asset Turnover Ratio (%)	0.39	0.24	0.10	0.09	0.21
Current Ratio (X)	1.31	0.85	0.47	1.27	1.25
Quick Ratio (X)	1.22	0.71	0.38	1.07	1.12
Interest Coverage Ratio (X)	10.50	8.47	9.81	11.30	22.89
Interest Coverage Ratio (Post Tax) (X)	7.22	6.44	7.00	7.54	18.33
Enterprise Value (Cr.)	2452.52	1874.56	3199.69	1367.92	399.11
EV / Net Operating Revenue (X)	3.27	3.35	20.55	12.01	1.98
EV / EBITDA (X)	7.50	5.84	35.40	20.90	2.73
MarketCap / Net Operating Revenue (X)	3.13	2.84	18.67	11.24	2.24
Price / BV (X)	2.00	1.68	3.86	1.75	0.66
Price / Net Operating Revenue (X)	3.13	2.84	18.67	11.24	2.24
EarningsYield	0.09	0.12	0.01	0.04	0.30

After reviewing the key financial ratios for Hindustan Oil Exploration Company Ltd, here is a detailed analysis based on the latest available data and recent trends:

For FaceValue, as of Mar 24, the value is 10.00. This value is within the healthy range. There is no change compared to the previous period (Mar 23) which recorded 10.00.
For Basic EPS (Rs.), as of Mar 24, the value is 17.12. This value is within the healthy range. It has increased from 14.67 (Mar 23) to 17.12, marking an increase of 2.45.
For Diluted EPS (Rs.), as of Mar 24, the value is 17.12. This value is within the healthy range. It has increased from 14.67 (Mar 23) to 17.12, marking an increase of 2.45.
For Cash EPS (Rs.), as of Mar 24, the value is 23.19. This value is within the healthy range. It has increased from 20.23 (Mar 23) to 23.19, marking an increase of 2.96.
For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 88.80. It has increased from 71.62 (Mar 23) to 88.80, marking an increase of 17.18.
For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 88.80. It has increased from 71.62 (Mar 23) to 88.80, marking an increase of 17.18.
For Revenue From Operations / Share (Rs.), as of Mar 24, the value is 56.64. It has increased from 42.26 (Mar 23) to 56.64, marking an increase of 14.38.
For PBDIT / Share (Rs.), as of Mar 24, the value is 24.71. This value is within the healthy range. It has increased from 24.27 (Mar 23) to 24.71, marking an increase of 0.44.
For PBIT / Share (Rs.), as of Mar 24, the value is 18.66. This value is within the healthy range. It has decreased from 18.70 (Mar 23) to 18.66, marking a decrease of 0.04.
For PBT / Share (Rs.), as of Mar 24, the value is 18.79. This value is within the healthy range. It has increased from 14.91 (Mar 23) to 18.79, marking an increase of 3.88.
For Net Profit / Share (Rs.), as of Mar 24, the value is 17.14. This value is within the healthy range. It has increased from 14.66 (Mar 23) to 17.14, marking an increase of 2.48.
For NP After MI And SOA / Share (Rs.), as of Mar 24, the value is 17.12. This value is within the healthy range. It has increased from 14.67 (Mar 23) to 17.12, marking an increase of 2.45.
For PBDIT Margin (%), as of Mar 24, the value is 43.62. This value is within the healthy range. It has decreased from 57.42 (Mar 23) to 43.62, marking a decrease of 13.80.
For PBIT Margin (%), as of Mar 24, the value is 32.94. This value exceeds the healthy maximum of 20. It has decreased from 44.24 (Mar 23) to 32.94, marking a decrease of 11.30.
For PBT Margin (%), as of Mar 24, the value is 33.17. This value is within the healthy range. It has decreased from 35.27 (Mar 23) to 33.17, marking a decrease of 2.10.
For Net Profit Margin (%), as of Mar 24, the value is 30.25. This value exceeds the healthy maximum of 10. It has decreased from 34.69 (Mar 23) to 30.25, marking a decrease of 4.44.
For NP After MI And SOA Margin (%), as of Mar 24, the value is 30.22. This value exceeds the healthy maximum of 20. It has decreased from 34.71 (Mar 23) to 30.22, marking a decrease of 4.49.
For Return on Networth / Equity (%), as of Mar 24, the value is 19.28. This value is within the healthy range. It has decreased from 20.48 (Mar 23) to 19.28, marking a decrease of 1.20.
For Return on Capital Employeed (%), as of Mar 24, the value is 16.28. This value is within the healthy range. It has decreased from 18.96 (Mar 23) to 16.28, marking a decrease of 2.68.
For Return On Assets (%), as of Mar 24, the value is 11.60. This value is within the healthy range. It has increased from 10.48 (Mar 23) to 11.60, marking an increase of 1.12.
For Long Term Debt / Equity (X), as of Mar 24, the value is 0.06. This value is below the healthy minimum of 0.2. It has decreased from 0.09 (Mar 23) to 0.06, marking a decrease of 0.03.
For Total Debt / Equity (X), as of Mar 24, the value is 0.14. This value is within the healthy range. It has decreased from 0.38 (Mar 23) to 0.14, marking a decrease of 0.24.
For Asset Turnover Ratio (%), as of Mar 24, the value is 0.39. It has increased from 0.24 (Mar 23) to 0.39, marking an increase of 0.15.
For Current Ratio (X), as of Mar 24, the value is 1.31. This value is below the healthy minimum of 1.5. It has increased from 0.85 (Mar 23) to 1.31, marking an increase of 0.46.
For Quick Ratio (X), as of Mar 24, the value is 1.22. This value is within the healthy range. It has increased from 0.71 (Mar 23) to 1.22, marking an increase of 0.51.
For Interest Coverage Ratio (X), as of Mar 24, the value is 10.50. This value is within the healthy range. It has increased from 8.47 (Mar 23) to 10.50, marking an increase of 2.03.
For Interest Coverage Ratio (Post Tax) (X), as of Mar 24, the value is 7.22. This value is within the healthy range. It has increased from 6.44 (Mar 23) to 7.22, marking an increase of 0.78.
For Enterprise Value (Cr.), as of Mar 24, the value is 2,452.52. It has increased from 1,874.56 (Mar 23) to 2,452.52, marking an increase of 577.96.
For EV / Net Operating Revenue (X), as of Mar 24, the value is 3.27. This value exceeds the healthy maximum of 3. It has decreased from 3.35 (Mar 23) to 3.27, marking a decrease of 0.08.
For EV / EBITDA (X), as of Mar 24, the value is 7.50. This value is within the healthy range. It has increased from 5.84 (Mar 23) to 7.50, marking an increase of 1.66.
For MarketCap / Net Operating Revenue (X), as of Mar 24, the value is 3.13. This value exceeds the healthy maximum of 3. It has increased from 2.84 (Mar 23) to 3.13, marking an increase of 0.29.
For Price / BV (X), as of Mar 24, the value is 2.00. This value is within the healthy range. It has increased from 1.68 (Mar 23) to 2.00, marking an increase of 0.32.
For Price / Net Operating Revenue (X), as of Mar 24, the value is 3.13. This value exceeds the healthy maximum of 3. It has increased from 2.84 (Mar 23) to 3.13, marking an increase of 0.29.
For EarningsYield, as of Mar 24, the value is 0.09. This value is below the healthy minimum of 5. It has decreased from 0.12 (Mar 23) to 0.09, marking a decrease of 0.03.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Hindustan Oil Exploration Company Ltd as of June 1, 2025 is: 150.06

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of June 1, 2025, Hindustan Oil Exploration Company Ltd is Overvalued by 13.76% compared to the current share price 174.00

Intrinsic Value of Hindustan Oil Exploration Company Ltd as of June 1, 2025 is: 188.42

Calculation basis:

Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of June 1, 2025, Hindustan Oil Exploration Company Ltd is Undervalued by 8.29% compared to the current share price 174.00

Last 5 Year EPS CAGR: 25.56%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The stock has a low average Working Capital Days of 2.08, which is a positive sign. The company has higher reserves (527.46 cr) compared to borrowings (244.92 cr), indicating strong financial stability. The company has shown consistent growth in sales (238.38 cr) and profit (27.92 cr) over the years.	The stock has a low average ROCE of 8.33%, which may not be favorable. The stock has a high average Cash Conversion Cycle of 204.08, which may not be favorable.

Stock Analysis

Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Hindustan Oil Exploration Company Ltd:
1. Net Profit Margin: 30.25%
  - Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
2. ROCE: 16.28% (Industry Average ROCE: 9.72%)
  - ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
3. ROE%: 19.28% (Industry Average ROE: 8.71%)
  - ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
4. Interest Coverage Ratio (Post Tax): 7.22
  - Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
5. Quick Ratio: 1.22
  - Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
6. Stock P/E: 15.6 (Industry average Stock P/E: 67.94)
  - Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
7. Total Debt / Equity: 0.14
  - Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
Stock Rating:

About the Company - Qualitative Analysis

Hindustan Oil Exploration Company Ltd. is a Public Limited Listed company incorporated on 11/06/1996 and has its registered office in the State of Gujarat, India. Company's Corporate Identification Number(CIN) is L11100GJ1996PLC029880 and registration number is 029880. Currently Company is involved in the business activities of On shore Extraction of natural gas. Company's Total Operating Revenue is Rs. 464.00 Cr. and Equity Capital is Rs. 132.26 Cr. for the Year ended 31/03/2024.

INDUSTRY	ADDRESS	CONTACT
Oil Drilling And Exploration	�HOEC House�, Tandalja Road, Vadodra Gujarat 390020	contact@hoec.com http://www.hoec.com

Management
Name	Position Held
Mr. Vivek Rae	Chairman(NonExe.&Ind.Director)
Mr. Ramasamy Jeevanandam	Managing Director
Mr. Ashok Kumar Goel	Non Exe.Non Ind.Director
Mr. Rohit Rajgopal Dhoot	Non Exe.Non Ind.Director
Ms. Sharmila H Amin	Ind. Non-Executive Director
Mr. Pronip Kumar Borthakur	Ind. Non-Executive Director

FAQ

What is the intrinsic value of Hindustan Oil Exploration Company Ltd?

Hindustan Oil Exploration Company Ltd's intrinsic value (as of 01 June 2025) is ₹150.06 — 13.76% lower the current market price of 174.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's 2,294 Cr. market cap, FY2025-2026 high/low of ₹294/145, reserves of 1,095 Cr, and liabilities of 1,916 Cr.

What is the Market Cap of Hindustan Oil Exploration Company Ltd?

The Market Cap of Hindustan Oil Exploration Company Ltd is 2,294 Cr..

What is the current Stock Price of Hindustan Oil Exploration Company Ltd as on 01 June 2025?

The current stock price of Hindustan Oil Exploration Company Ltd as on 01 June 2025 is 174.

What is the High / Low of Hindustan Oil Exploration Company Ltd stocks in FY 2025-2026?

In FY 2025-2026, the High / Low of Hindustan Oil Exploration Company Ltd stocks is ₹294/145.

What is the Stock P/E of Hindustan Oil Exploration Company Ltd?

The Stock P/E of Hindustan Oil Exploration Company Ltd is 15.6.

What is the Book Value of Hindustan Oil Exploration Company Ltd?

The Book Value of Hindustan Oil Exploration Company Ltd is 99.9.

What is the Dividend Yield of Hindustan Oil Exploration Company Ltd?

The Dividend Yield of Hindustan Oil Exploration Company Ltd is 0.00 %.

What is the ROCE of Hindustan Oil Exploration Company Ltd?

The ROCE of Hindustan Oil Exploration Company Ltd is 12.3 %.

What is the ROE of Hindustan Oil Exploration Company Ltd?

The ROE of Hindustan Oil Exploration Company Ltd is 11.8 %.

What is the Face Value of Hindustan Oil Exploration Company Ltd?

The Face Value of Hindustan Oil Exploration Company Ltd is 10.0.