HINDOILEXP
OVERVALUEDHindustan Oil Exploration Company Limited
Oil & Gas · NSE
↓ 21.8% vs fair value
52W Low
₹118
+8.1% from low
52W High
₹199
-36.2% from high
Valuation Gauge
Current Price
₹127
Fair Value
₹104
Fair Value Analysis
₹104
Based on free cash flow projections and balance sheet strength analysis and earnings multiple (EV/EBITDA) for Oil & Gas sector companies | Sector-cheap: P/E at 45th percentile vs sector peers. | CAUTION: ROCE declining (latest 12.1%) — returns on capital are falling; verify this isn't a value trap. | COVID-recovering: PAT dropped from ₹157Cr (FY2019) to ₹20Cr (FY2022); partially recovered. Growth rate uses pre-COVID base.
Cash Flow Analysis
40% weight
Balance Sheet Value
20% weight
EV/EBITDA Multiple
40% weight
Price vs Market
Shareholding Pattern
Stock Health Score
Financially Healthy
Profitability
ROE of 7.8% is acceptable for Oil & Gas sector (benchmark: 10%)
Debt & Leverage
D/E ratio of 0.1x is well within the Oil & Gas sector norm of 1.5x — strong balance sheet
Valuation vs Peers
P/E of 15.4x is 1.9x the Oil & Gas sector median of 8x — expensive
Cash Flow
FCF margin of 30.5% — exceptional cash generation (₹128 Cr)
Earnings Growth
5yr EPS CAGR of 94.5% is well above the Oil & Gas sector average of 14.6% — strong growth
Dividend
No dividend — typical for growth-stage companies
Sentiment Trend — Last 30 Days
Historical Returns
Key Ratios & Growth
FCF Yield
4.8%
Free cash flow / market cap
Revenue Growth (YoY)
-48.5%
Year-on-year revenue change
Profit Growth (YoY)
-80.9%
Year-on-year PAT change
Operating Cash Flow
₹161 Cr
TTM cash from operations
Key Financials
EPS (TTM)
₹8
P/E Ratio
15.4x
P/B Ratio
1.2x
ROE
7.8%
ROCE
10.6%
Debt / Equity
0.06x
Beta
0.24
Div Yield
—
FCF (Cr)
₹128 Cr
Revenue (Cr)
₹421 Cr
EPS Growth 5Y
94.5%
Mkt Cap (Cr)
₹1,639 Cr
52W High
₹199
52W Low
₹117.5
Book Value/Share
₹104.1
Financial History
| Period | Revenue | Op Profit | OPM% | PAT | EPS |
|---|---|---|---|---|---|
| TTM | ₹512 Cr | ₹87 Cr | 17.0% | ₹106 Cr | ₹8.03 |
| 2025-03-31 | ₹421 Cr | ₹174 Cr | 41.0% | ₹147 Cr | ₹11.13 |
| 2024-03-31 | ₹749 Cr | ₹309 Cr | 41.0% | ₹226 Cr | ₹17.12 |
| 2023-03-31 | ₹558 Cr | ₹312 Cr | 56.0% | ₹194 Cr | ₹14.67 |
| 2022-03-31 | ₹156 Cr | ₹78 Cr | 50.0% | ₹20 Cr | ₹1.51 |
| 2021-03-31 | ₹114 Cr | ₹55 Cr | 48.0% | ₹53 Cr | ₹4.04 |
| 2020-03-31 | ₹202 Cr | ₹125 Cr | 62.0% | ₹138 Cr | ₹10.40 |
| 2019-03-31 | ₹265 Cr | ₹188 Cr | 71.0% | ₹157 Cr | ₹12.01 |
| 2018-03-31 | ₹49 Cr | ₹31 Cr | 63.0% | ₹38 Cr | ₹2.88 |
| 2017-03-31 | ₹26 Cr | ₹1 Cr | 5.0% | ₹36 Cr | ₹2.76 |
| 2016-03-31 | ₹48 Cr | ₹3 Cr | 6.0% | ₹5 Cr | ₹0.38 |
| 2015-03-31 | ₹59 Cr | ₹-9 Cr | -16.0% | ₹-1.2K Cr | ₹-93.46 |
| 2014-03-31 | ₹78 Cr | ₹-25 Cr | -32.0% | ₹-124 Cr | ₹-9.48 |
Compounded Growth Rates
Sales Growth
Profit Growth
EPS Growth
Peer Comparison
Oil & Gas| Stock | Price | Fair Value | MoS% | P/E | ROE | Signal |
|---|---|---|---|---|---|---|
Gulf Oil Lubricants India Limited | ₹891 | ₹1,626.9 | +45.2% | 12.7 | 21.1% | UNDERVALUED |
GP Petroleums Limited | ₹28.7 | ₹44.1 | +35.0% | 5.4 | 7.4% | UNDERVALUED |
Magadh Sugar & Energy Limited | ₹493 | ₹640.5 | +23.0% | 8 | 13.9% | UNDERVALUED |
Oil and Natural Gas Corporation | ₹281.4 | ₹330.7 | +14.9% | 9.5 | 12.2% | FAIRLY_VALUED |
Avadh Sugar & Energy Limited | ₹499 | ₹534.5 | +6.6% | 12.8 | 8.0% | FAIRLY_VALUED |
GAIL India | ₹143.4 | ₹146.9 | +2.3% | 10.9 | 9.8% | FAIRLY_VALUED |
Hindustan Petroleum Corporation Limited | ₹328.9 | ₹333.1 | +1.3% | 4.5 | 12.3% | FAIRLY_VALUED |
Mahanagar Gas | ₹966.6 | ₹849.5 | -13.8% | 9.9 | 17.0% | FAIRLY_VALUED |
Institutional Activity
Bulk deals, block deals, short selling & delivery volume — NSE data
Insider Trading
Community Pulse
Company Documents
Annual reports, concall transcripts & regulatory filings
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