NSEI:HINDOILEXP

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Hindustan Oil Exploration

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


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

HINDOILEXPIndustryMarket
7 Day-6.4%2.6%-2.2%
30 Day-7.0%-0.1%3.4%
90 Day26.5%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 Year179.7%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

Valuation

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

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

NamePositionTenureCompensationOwnership
Pandarinathan Elango
MD & Executive Director5.92yrs₹34.70m3.82%
₹ 434.2m
Ramasamy Jeevanandam
CFO & Executive Director5.92yrs₹33.71m3.78%
₹ 430.4m
G. Daisy
Company Secretary & Compliance Officer4.25yrs₹1.05mno data
Debabrata Panda
Group Head of Technical & Operationsno datano datano data
Sachin Bayond
Head of C&P and Head of Administrationno datano datano data
Sagar Mehta
Head of Cambay Assetsno datano datano data
Bhuwan Gariya
Group Head Exploration & Developmentno datano datano data
R. Rao
Principal Logistics & Materials Coordinatorno data₹3.43mno data
P. Krishna
Head of C & P and Asset Manager of Assam no datano datano data
G. Janakiraman
Head of HSE & CSRno datano datano data
Satyanarayan Zanwar
Senior Manager of Production & Head of Maintenanceno datano datano data
Rahul Mehta
Head of JV Financeno datano datano 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

NamePositionTenureCompensationOwnership
Pandarinathan Elango
MD & Executive Director5.92yrs₹34.70m3.82%
₹ 434.2m
Ramasamy Jeevanandam
CFO & Executive Director5.92yrs₹33.71m3.78%
₹ 430.4m
Ashok Goel
Non-Executive Non-Independent Director2.83yrsno data13.96%
₹ 1.6b
Rohit Kumar Dhoot
Non-Executive Non-Independent Director2.83yrsno data2.29%
₹ 261.1m
Vivek Rae
Independent Non-Executive Chairman1.75yrs₹925.00kno data
Pronip Borthakur
Non-Executive Independent Director4.58yrs₹1.18mno data
Sharmila Amin
Non-Executive Independent Woman Director6.08yrs₹1.08mno 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

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
500186BSE (Mumbai Stock Exchange)YesEquity SharesININRSep 1999
HINDOILEXPNSEI (National Stock Exchange of India)YesEquity SharesININRSep 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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/01/19 12:01
End of Day Share Price2021/01/19 00:00
Earnings2020/09/30
Annual Earnings2020/03/31


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.