Hindustan Oil Exploration
Market Cap
₹11.4b
Last Updated
2021/01/19 12:01 UTC
Data Sources
Company Financials
Executive Summary
Hindustan Oil Exploration Company Limited engages in the exploration, development, and production of onshore and offshore crude oil and natural gas in India. More Details
Rewards
Risk Analysis
Snowflake Analysis
Excellent balance sheet and good value.
Share Price & News
How has Hindustan Oil Exploration's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: HINDOILEXP is not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: HINDOILEXP's weekly volatility (8%) has been stable over the past year.
Market Performance
7 Day Return
-6.4%
HINDOILEXP
2.6%
IN Oil and Gas
-2.2%
IN Market
1 Year Return
-14.3%
HINDOILEXP
10.3%
IN Oil and Gas
15.2%
IN Market
Return vs Industry: HINDOILEXP underperformed the Indian Oil and Gas industry which returned 10.3% over the past year.
Return vs Market: HINDOILEXP underperformed the Indian Market which returned 15.2% over the past year.
Shareholder returns
| HINDOILEXP | Industry | Market | |
|---|---|---|---|
| 7 Day | -6.4% | 2.6% | -2.2% |
| 30 Day | -7.0% | -0.1% | 3.4% |
| 90 Day | 26.5% | 0.2% | 21.5% |
| 1 Year | -14.3%-14.3% | 14.5%10.3% | 17.3%15.2% |
| 3 Year | -38.4%-38.4% | 28.5%15.2% | 7.2%2.0% |
| 5 Year | 179.7%179.7% | 121.8%83.2% | 78.6%65.0% |
Long-Term Price Volatility Vs. Market
How volatile is Hindustan Oil Exploration's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Hindustan Oil Exploration (NSE:HINDOILEXP) Shareholders Have Enjoyed An Impressive 214% Share Price Gain3 weeks ago | Simply Wall St
Hindustan Oil Exploration Company Limited's (NSE:HINDOILEXP) Stock Is Going Strong: Is the Market Following Fundamentals?1 month ago | Simply Wall St
We're Not Counting On Hindustan Oil Exploration (NSE:HINDOILEXP) To Sustain Its Statutory ProfitabilityValuation
Is Hindustan Oil Exploration undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: HINDOILEXP (₹87) is trading below our estimate of fair value (₹253.89)
Significantly Below Fair Value: HINDOILEXP is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: HINDOILEXP is good value based on its PE Ratio (12.8x) compared to the IN Oil and Gas industry average (19.1x).
PE vs Market: HINDOILEXP is good value based on its PE Ratio (12.8x) compared to the Indian market (19.1x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate HINDOILEXP's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: HINDOILEXP is overvalued based on its PB Ratio (1.6x) compared to the IN Oil and Gas industry average (1x).
Next Steps
Future Growth
How is Hindustan Oil Exploration forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
21.9%
Forecasted Energy industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Hindustan Oil Exploration has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Next Steps
- Examine whether Hindustan Oil Exploration is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Hindustan Oil Exploration competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Energy industry.
Past Performance
How has Hindustan Oil Exploration performed over the past 5 years?
29.5%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: HINDOILEXP has a high level of non-cash earnings.
Growing Profit Margin: HINDOILEXP's current net profit margins (63.3%) are higher than last year (59%).
Past Earnings Growth Analysis
Earnings Trend: HINDOILEXP has become profitable over the past 5 years, growing earnings by 29.5% per year.
Accelerating Growth: HINDOILEXP's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: HINDOILEXP had negative earnings growth (-44.3%) over the past year, making it difficult to compare to the Oil and Gas industry average (-26.2%).
Return on Equity
High ROE: HINDOILEXP's Return on Equity (12.6%) is considered low.
Next Steps
Financial Health
How is Hindustan Oil Exploration's financial position?
Financial Position Analysis
Short Term Liabilities: HINDOILEXP's short term assets (₹2.3B) exceed its short term liabilities (₹1.5B).
Long Term Liabilities: HINDOILEXP's short term assets (₹2.3B) exceed its long term liabilities (₹1.5B).
Debt to Equity History and Analysis
Debt Level: HINDOILEXP's debt to equity ratio (10%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if HINDOILEXP's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: HINDOILEXP's debt is well covered by operating cash flow (236.1%).
Interest Coverage: HINDOILEXP earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
Next Steps
Dividend
What is Hindustan Oil Exploration current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate HINDOILEXP's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate HINDOILEXP's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if HINDOILEXP's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if HINDOILEXP's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: HINDOILEXP is not paying a notable dividend for the Indian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of HINDOILEXP's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
5.9yrs
Average management tenure
CEO
Pandarinathan Elango (59 yo)
5.92yrs
Tenure
₹34,698,052
Compensation
Mr. Pandarinathan Elango has been the Managing Director at Hindustan Oil Exploration Company Limited since February 2, 2015. Mr. Elango served as an Executive Director of Cairn Energy India Pty Limited. Mr...
CEO Compensation Analysis
Compensation vs Market: Pandarinathan's total compensation ($USD474.01K) is above average for companies of similar size in the Indian market ($USD276.54K).
Compensation vs Earnings: Pandarinathan's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD & Executive Director | 5.92yrs | ₹34.70m | 3.82% ₹ 434.2m | |
| CFO & Executive Director | 5.92yrs | ₹33.71m | 3.78% ₹ 430.4m | |
| Company Secretary & Compliance Officer | 4.25yrs | ₹1.05m | no data | |
| Group Head of Technical & Operations | no data | no data | no data | |
| Head of C&P and Head of Administration | no data | no data | no data | |
| Head of Cambay Assets | no data | no data | no data | |
| Group Head Exploration & Development | no data | no data | no data | |
| Principal Logistics & Materials Coordinator | no data | ₹3.43m | no data | |
| Head of C & P and Asset Manager of Assam | no data | no data | no data | |
| Head of HSE & CSR | no data | no data | no data | |
| Senior Manager of Production & Head of Maintenance | no data | no data | no data | |
| Head of JV Finance | no data | no data | no data |
5.9yrs
Average Tenure
51yo
Average Age
Experienced Management: HINDOILEXP's management team is seasoned and experienced (5.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD & Executive Director | 5.92yrs | ₹34.70m | 3.82% ₹ 434.2m | |
| CFO & Executive Director | 5.92yrs | ₹33.71m | 3.78% ₹ 430.4m | |
| Non-Executive Non-Independent Director | 2.83yrs | no data | 13.96% ₹ 1.6b | |
| Non-Executive Non-Independent Director | 2.83yrs | no data | 2.29% ₹ 261.1m | |
| Independent Non-Executive Chairman | 1.75yrs | ₹925.00k | no data | |
| Non-Executive Independent Director | 4.58yrs | ₹1.18m | no data | |
| Non-Executive Independent Woman Director | 6.08yrs | ₹1.08m | no data |
4.6yrs
Average Tenure
58yo
Average Age
Experienced Board: HINDOILEXP's board of directors are considered experienced (4.6 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Hindustan Oil Exploration Company Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Hindustan Oil Exploration Company Limited
- Ticker: HINDOILEXP
- Exchange: NSEI
- Founded: 1983
- Industry: Oil and Gas Exploration and Production
- Sector: Energy
- Market Cap: ₹11.380b
- Shares outstanding: 132.24m
- Website: https://www.hoec.com
Number of Employees
Location
- Hindustan Oil Exploration Company Limited
- Lakshmi Chambers
- 192, St. Mary's Road
- Chennai
- Tamil Nadu
- 600018
- India
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 500186 | BSE (Mumbai Stock Exchange) | Yes | Equity Shares | IN | INR | Sep 1999 |
| HINDOILEXP | NSEI (National Stock Exchange of India) | Yes | Equity Shares | IN | INR | Sep 1999 |
Biography
Hindustan Oil Exploration Company Limited engages in the exploration, development, and production of onshore and offshore crude oil and natural gas in India. It holds interests in various oil and gas block...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/19 12:01 |
| End of Day Share Price | 2021/01/19 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2020/03/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.