Hindustan Oil Exploration Company Ltd.
Fundamentals
- Market cap
- ₹2,117 cr
- P/E
- 33.74×
- ROE
- 11.14%
- Debt / equity
- 0.09
- 52-week range
- 117.50 — 188.65
Analysis — the numbers vs the call
- HOEC's audacious production target collides with a cancelled HPCL sale and a delayed pipeline
Management reversed its stance on a ₹260 crore crude sale while promising a 10x production jump; execution credibility is now the issue.
Hindustan Oil Exploration Company Ltd.
Latest quarter · Mar 2026
Strength & growth
The timeline — 5 notes on Hindustan Oil Exploration Company Ltd.
June 2026
- 19 Jun 26 · 3:26 PM IST Brief Brief · Small cap
HOEC transcript repeats known production targets
The Q4 earnings call transcript restates production targets of 10,000-33,000 boe/d and HPCL crude update; no fresh financial guidance.
- 12 Jun 26 · 1:06 PM IST Brief Brief · Concalls · Small cap
HOEC targets 10x production jump in three years
Management sees 10,000-11,000 boe/d by June 2027 and 32,000-33,000 by 2029, backed by a 20-well drilling program. HPCL crude sale being resold, cash in 2-3 months. No equity raise planned.
- 12 Jun 26 · 8:56 AM IST Brief Brief · Earnings · Small cap
HOEC's Q4 presentation confirms prior results, offers no surprises
The earnings call deck for Q4 FY26 repeats already-reported financials. The ongoing HPCL dispute is mentioned but no new developments.
- 11 Jun 26 · 7:59 PM IST Brief Brief · Earnings · Small cap
HOEC FY26 profit down 26% after ₹259-cr HPCL sale reversal
The cancellation of a crude oil sale to HPCL after a quality dispute erased ₹259 crore in revenue. An exceptional gain from a stake acquisition cushioned the blow, but the dispute remains unresolved.
- 11 Jun 26 · 7:33 PM IST Brief Brief · Earnings · Small cap
HOEC PBT falls 26% as ₹259-cr HPCL sale cancelled
Revenue reversal and inventory overhang weigh on FY26 results; exceptional gain from B-80 stake partially offsets. Auditor flags HPCL dispute.