Hindustan Oil Exploration Company Ltd (HINDOILEXP) — shareholding pattern, promoter holding, financials and share price
About Hindustan Oil Exploration Company Ltd (HINDOILEXP)
Hindustan Oil Exploration Company Ltd operates in the Oil Exploration & Production industry, within the Oil, Gas & Consumable Fuels sector. It trades on the NSE as HINDOILEXP and on the BSE under scrip code 500186. Its ISIN is INE345A01011.
Hindustan Oil Exploration Company Limited was incorporated in 1983, It is engaged in the exploration, development and production of crude oil and natural gas in India, both onshore and offshore. The company is India's first private E&P company and its assets are geographically spread across Tamil Nadu, Maharashtra, Gujarat, Assam and Arunachal Pradesh (both offshore and onshore). [1] [2] [3]
Hindustan Oil Exploration Company Limited (HOEC) is an India‑focused upstream oil and gas exploration and production company operating discovered and producing assets across Cambay, Mumbai Offshore, Cauvery and Assam Arakan basins through Production Sharing Contracts and joint ventures, with both onshore and offshore operations, field development capability and ancillary geological/geophysical services.
A key near‑term operational catalyst is the Northeast Gas Grid hook‑up for the Dirok field; management expects Dirok to ramp from ~13 mmscfd to 40–45 mmscfd on connectivity, which would materially increase gas sales, revenues and the company’s ability to self‑fund onshore development without incremental borrowing, subject to partner approvals and final pipeline commissioning.
Listed peers in Oil Exploration & Production: Oil & Natural Gas Corpn Ltd, Oil India Ltd, Vedanta Oil and Gas Ltd, Antelopus Selan Energy Ltd, Prabha Energy Ltd, Gujarat Natural Resources Ltd.
Valuation & Returns
10 Jul 2026At ₹153.45 a share on 10 Jul 2026, Hindustan Oil Exploration Company Ltd (HINDOILEXP) was valued at a price-to-earnings ratio of 32.34x against an industry P/E of 8.54x and a price-to-book of 1.54x on a book value of ₹99.91 per share as of Mar 2025. Solomo computes return on equity of 4.75% and return on capital employed of 5.66% from filed results. Earnings ratios use consolidated results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 32.34x
- Industry P/E
- 8.54x
- P/B
- 1.54x
- EPS (TTM)
- ₹4.75
- Book value / share
- ₹99.91
- ROE
- 4.75%
- ROCE
- 5.66%
- ROA
- 3.2%
- Debt / equity
- 0.09x
- Dividend yield
- 0%
- EBITDA margin
- 59.66%
- 52-week range
- ₹117.8 – ₹188.5
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, Hindustan Oil Exploration Company Ltd (HINDOILEXP) reported revenue of ₹263 crore, net profit of ₹63 crore and earnings per share of ₹4.75. That compares with revenue of ₹421 crore and net profit of ₹147 crore in Mar 2025. Figures are consolidated, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹-205.89 crore and net profit ₹7.77 crore (consolidated).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 156 | 558 | 749 | 421 | 263 |
| Net profit (₹ cr) | 20 | 194 | 226 | 147 | 63 |
| EPS (₹) | 1.51 | 14.67 | 17.12 | 11.13 | 4.75 |
| Measure | 10Y | 5Y | 3Y | 1Y |
|---|---|---|---|---|
| Sales growth | 30.26% | 11.22% | 32.86% | -43.82% |
| Profit growth | 51.56% | 0.93% | 60.27% | -34.99% |
| Stock price CAGR | 15% | 6% | -10% | -9% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 0% of Hindustan Oil Exploration Company Ltd (HINDOILEXP) (unchanged from the previous quarter), foreign institutional investors (FII) hold 1.87% and domestic institutional investors (DII) hold 0.13%. Market capitalisation was ₹2,029 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Mar 2001.
Largest disclosed public shareholders in Jun 2026: Ashok Kumar Goel (In capacity of Trustee - Ashok Goel Trust) 13.96%, LLP 6.81%, Lci Estates LLP 6.13%, Dhoot Industrial Finance Ltd 4.69%, Poddar Pigments Limited 3.78%, Vijai Shree Private Limited 3.49%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 0% | - | 1.87% | 0.13% | 100% |
| Mar 2026 | 0% | - | 1.49% | 0.12% | 100% |
| Dec 2025 | 0% | - | 1.38% | 0.12% | 100% |
| Sep 2025 | 0% | - | 1.71% | 0.5% | 100% |
| Jun 2025 | 0% | - | 1.45% | 0.48% | 100% |
| Mar 2025 | 0% | - | 1.76% | 0.32% | 100% |
| Dec 2024 | 0% | - | 1.4% | 0.35% | 100% |
| Sep 2024 | 0% | - | 1.64% | 0.3% | 100% |