Hindustan Oil Exploration Company Ltd.
NSE: HINDOILEXP · Oil & Gas
Sector
Oil & Gas
Size band
Small cap
Market cap
1,908cr
P/E
9.1
ROE
13.6%
No price is shown on this page, live or delayed. It records what management said on the earnings call, and the company’s filings.
Measured against
Peer set
Oil Exploration and Production · largest 12 of 12 measured at Q1 FY27 · financials via Screener| Company | Operating margin | Revenue growth |
|---|---|---|
| Reliance Industries Ltd. | 15.0% | 27.0% |
| Oil & Natural Gas Corporation Ltd. | 8.0% | 25.7% |
| Oil India Ltd. | 46.0% | 57.7% |
| Petronet LNG Ltd. | 28.0% | −53.2% |
| Prabha Energy Ltd | 18.9% | 49.6% |
| Deep Industries Ltd. | 39.0% | 39.5% |
| Veedol Corporation Ltd. | 16.0% | 18.5% |
| Confidence Petroleum India Ltd. | 6.0% | 116.6% |
| Hindustan Oil Exploration Company Ltd. | 4.8% | 45.2% |
| Jindal Drilling & Industries Ltd. | 36.0% | 8.3% |
| Asian Energy Services Ltd. | 8.0% | 135.7% |
| Meghmani Organics Ltd. | 18.0% | −11.6% |
What management said
21 statements on recordEarnings call · Q1 FY2026-27 · 20 Aug 2026
- Dirok / Northeast grid connectivity timeline→by December· December 2026
“So our take is that by December, this should be completed.”
- B-80 workover timing→rig final award this month; mobilized by October· FY27 / October 2026
“We are in discussion with the rig for the final award this month, and then they would be mobilized by October, at which time we will work over on the two wells, which are currently producing, shut off the water zones, open up new oil and gas zones and ensure that we have an increased production from these two wells.”
- B-80 worked-over wells production start→two wells on production by November and December 2026· November-December 2026
“By November and December of this year, which is 2026, we will have two wells that we have worked over on production.”
- B-80 new wells production start→three wells on production by June next year· June 2027
“So we are -- but the plan remains that by June of next year, we'll bring three wells on production.”
- B-80 workover well output→500 to 800 barrels per well, and 3 to 5 million scuffs per day· after B-80 workover
“We are looking at 500 to 800 barrels per well, and 3 to 5 million scuffs per day from these wells.”
- B-80 target production range→11,000; could be 8,900 or 13,000
“In the offshore, in the reservoir, there are always uncertainties. So, when I say 11,000, it could be 8,900 or it could be 13,000.”
- B-80 new development well output→1,000 to 1,500 barrels per well
“Right now, through the reservoir simulation works, we find that all of these three are very feasible to drill with production in the range of 1,000 to 1,500 barrels per well.”
- B-15 drilling→drilling in FY28· FY28
“So, all of that is being worked now, and we'll do the drilling in FY28.”
- Dirok / DNPL pipeline capacity restoration→2.5 million standard cubic meters per day· after degraded sections are isolated and newly laid sections connected back
“But as soon as the degraded sections are isolated and new newly laid sections are connected back, then the entire asset integrity of the pipeline would be restored and they should be able to then operate the facility at 90 bar, the pipeline at 90 bar which will take the capacity to INR2.5 million standard cubic meters per day.”
- Cambay assets production increase→20% to 30% increase in production· going forward
“So overall, 20% to 30% increase in production we will see going forward, although we have already seen a 5% to 6% increase in the last quarter.”
- Kharsang pipeline right-of-way and completion timeline→six to eight months for right of way; another six to eight months to lay; 14 to 18 months total· by end of next year / 14 to 18 months
“All going well, we believe in six to eight months, we should be able to get the right of way. If we get the right of use for the way -- for the pipeline route, then it is another six to eight months, it's just a 24 kilometer pipeline to lay.”
- Kharsang pipeline completion→by the end of next year, December next year· December 2027
“If it were to be an ideal situation, we would believe that by the end of next year, December next year, the pipeline could be completed.”
- Kharsang pipeline execution timeline→14 to 18 months
“So that given the difficult terrain and the forest areas to digital pass along the highway and below river, etcetera, we believe 14 to 18 months is the time it will take to lay that.”
- B-80 crude inventory sale from HPCL refinery→by end of October, early November, the entire crude inventory will be gone· end October / early November 2026
“The speed at which is there's being picked up by the third parties is slower than expected, but we hope that by end of October, early November, the entire crude inventory will be gone from the HPCL refinery in Chembur in Mumbai.”
- B-80 FSO crude sale volume→120,000 to 130,000 barrel of crude in October· October 2026
“So in October, we'll sell. In October, we'll have sufficient volumes for a small tanker to be able to take it and we'll be able to sell, but that would be around 120,000 to 130,000 barrel of crude we'll be able to sell in October.”
Earnings call · Q1 FY2026-27 · 20 Aug 2026
- B-80 workover production→500 to 800 barrels per well, and 3 to 5 million scuffs per day· after B-80 workover
“We are looking at 500 to 800 barrels per well, and 3 to 5 million scuffs per day from these wells.”
- B-80 new wells on production→three wells on production· by June of next year
“So we are -- but the plan remains that by June of next year, we'll bring three wells on production.”
- DNPL pipeline capacity→2.5 MMSCM per day
“So at 90 bars it can produce 2.5 MMSCM per day. That is the capacity of the pipeline.”
- Cambay production increase→20% to 30% increase in production· going forward
“So overall, 20% to 30% increase in production we will see going forward, although we have already seen a 5% to 6% increase in the last quarter.”
- Production target range→11,000; could be 8,900 or it could be 13,000
“So, when I say 11,000, it could be 8,900 or it could be 13,000.”
- Kharsang gas pipeline→24 kilometers pipeline; 14 to 18 months· by the end of next year, December next year
“If it were to be an ideal situation, we would believe that by the end of next year, December next year, the pipeline could be completed.”
Taken from management commentary on the company’s earnings call and quoted verbatim. These are statements of intent made by the company, not forecasts by Bharatstox, and nothing here records whether they were met.
No broadcast calls recorded.
We log calls made about a company on business television — Zee Business, CNBC Awaaz and NDTV Profit — as they are stated on air. Nothing is on record for Hindustan Oil Exploration Company Ltd..
Shareholding
change across 4 filings| Category | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Change |
|---|---|---|---|---|---|
| Promoters | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Foreign institutions | 1.9 | 1.5 | 1.4 | 1.7 | +0.2 |
| Domestic institutions | 0.1 | 0.1 | 0.1 | 0.5 | −0.4 |
| Retail & others | 98.0 | 98.4 | 98.5 | 97.8 | +0.2 |
As filed with the exchange for the periods ending Sep 25 to Jun 26.
Filings
latest 25 of 223- General Updates14 Oct 2026
- Resignation of Director/KMP/SMP13 Oct 2026
- Change in Management13 Oct 2026
- Outcome of Board Meeting13 Oct 2026
- Certificate under SEBI (Depositories and Participants) Regulations, 20189 Oct 2026
- Trading Window30 Sept 2026
- Shareholders meeting25 Sept 2026
- Shareholders meeting25 Sept 2026
- Pursuant to the Regulation 34 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Company is issuing this Corrigendum to the Annual Report for FY 2025-26 incorporating ....18 Sept 2026
- Copy of Newspaper Publication3 Sept 2026
- Newspaper advertisement regarding Notice of 42nd AGM, Book Closure, Cut-Off date and E-Voting information is submitted herewith.3 Sept 2026
- Business Responsibility and Sustainability Reporting for the FY 2025-26 which forms part of the Annual Report FY 2025-26 is attached herewith.2 Sept 2026
- General Updates2 Sept 2026
- AGM and Book Closure Notice is submitted herewith2 Sept 2026
- Pursuant to Regulation 34(1) of Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('SEBI Listing Regulations'), we are submitting herewith ....2 Sept 2026
- The 42nd AGM of the Company is scheduled to be held on Friday, September 25, 2026 at 11.00 A.M. through VC/OAVM. Notice of the 42nd AGM is attached herewith.2 Sept 2026
- Shareholders meeting2 Sept 2026
- General Updates1 Sept 2026
- Pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015, please find attached the announcement on the Award of Contract Area MB/OSDSF/MUMBAI OFFSHORE/2025 under the Discovered Small ....1 Sept 2026
- Pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015 please find attached the Transcript of the Earnings call for the Q1 FY 2026-27 held on August 13, 2026.20 Aug 2026
- Analysts/Institutional Investor Meet/Con. Call Updates20 Aug 2026
- Pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015 please find attached the Transcript of the Earnings Call for the Q1 FY 2026-27 held on August 13, 2026.20 Aug 2026
- General Updates19 Aug 2026
- Analysts/Institutional Investor Meet/Con. Call Updates13 Aug 2026
- Copy of Newspaper Publication13 Aug 2026
The 25 most recent of 223 filings we hold for HINDOILEXP, back to January 2024. Every filing, by day.
Disclaimer
Guidance is quoted from management commentary on quarterly earnings calls; the words are the company's own and the targets are theirs, not ours. Peer comparisons use quarterly financials sourced from Screener, with every company measured at the same fiscal quarter; the peer set is companies sharing the same industry classification, and comparisons are descriptive, not a ranking or a view. Filings are reproduced as companies filed them to the NSE and BSE; Bharatstox does not verify, endorse or comment on their contents. This page is for informational and educational purposes only and does not constitute investment advice, research, or a recommendation to buy or sell any security. Investing in securities markets is subject to market risks. Read all related documents carefully before investing.