Hindustan Oil Exploration Company share price today

Hindustan Oil Exploration Company Ltd's share price was ₹153.60 at the close on 30 October 2026. It has been rising for 9 weeks. That is 5.6% below its average price over the last 200 trading days. Over the past 13 weeks it has done better than the NIFTY 500, and it has stayed ahead for 11 weeks in a row.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Hindustan Oil Exploration Company Ltd is in stage 2. The phase helps read everything below.

In the last 52 weeks it traded between ₹121 and ₹185, and at that close it sat 51% of the way up from that low.

Over the last 11 years the share price moved +402% while the NIFTY 500 moved +251%, so it is ahead of the index over that whole period. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

Three changes stood out: lowest operating margin in 14 quarters, revenue grew again in the June 2026 quarter and foreign funds (FIIs) raised their stake for 3 quarters in a row.

1. Lowest operating margin in 14 quarters

   Operating margin was 4.8% in the June 2026 quarter, against 40.9% a year earlier.

2. Revenue grew again in the June 2026 quarter

   Revenue was ₹114 crore, +45.2% on a year earlier (₹79 crore), after 2 quarters of decline.

   Why: Revenue rose because Kharsang produced more crude, Brent oil prices helped, and the company sold some B-80 crude it had stored.

   Next results: check whether the rest of the B-80 crude is sold by early November, as management targets.

   From the earnings call on 13 Aug 2026.

3. Foreign funds (FIIs) raised their stake for 3 quarters in a row

   From 1.4% to 2% of the company by the September 2026 quarter.

For April to June 2026 (the quarter ended 30 June 2026), Hindustan Oil Exploration Company reported revenue of ₹114 crore, up 45.2% from ₹78.7 crore a year earlier, and a profit of ₹6.24 crore, down 85.8% from ₹43.9 crore.

Hindustan Oil Exploration Company results: April to June 2026 against a year earlier

The next results, for July to September 2026, are due by 14 November 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter).

Hindustan Oil Exploration Company's management discussed these results on a call held on 13 August 2026; what it said is further down this page.

From the company's reported quarterly results (quarter ended 30 June 2026). Revenue and profit in ₹ crore.

Hindustan Oil Exploration Company closed at ₹153.60 on 30 October 2026, up 0.4% from ₹153.04 a year earlier (31 October 2025) and down 8.9% over five years. Its highest weekly close since March 2016 was ₹285.80 on 2 August 2024.

Hindustan Oil Exploration Company share price: then and now

Weekly closing prices. Each change is the move from that price to the 30 Oct 2026 close. A day's intraday high or low can go beyond these weekly closes.

563 weekly closes from 11 March 2016 to 30 October 2026.

30 Oct 2026: Hindustan Oil Exploration Company closed at ₹153.60, down 4.1% on the week and down 8.2% on the month. 13 Aug 2026: Hindustan Oil Exploration Company held its results call for April to June 2026. Management guided: B-80 campaign: October rig mobilisation; D1/D2 workovers planned into year-end production at 500-800 barrels per well and 3-5 MMSCFD; three new wells by June 2027 at 1,000-1,500 barrels each.

Earlier

• Results for April to June 2026: Revenue up 45.2% and profit down 85.8% on a year earlier.

Hindustan Oil Exploration Company has paid no dividend on the NSE since 1 April 2021, the start of the period we checked.

No. Hindustan Oil Exploration Company Ltd paid out 0% of its profit as dividends in each of its last 13 reported years, so there is no payout history to show. That comes from the filed annual statements, not an estimate.

From the NSE corporate-actions record, read 5 November 2026.

On the call for April to June 2026, held on 13 August 2026, Hindustan Oil Exploration Company's management guided: B-80 campaign: October rig mobilisation; D1/D2 workovers planned into year-end production at 500-800 barrels per well and 3-5 MMSCFD; three new wells by June 2027 at 1,000-1,500 barrels each.

“To deliver the B-80 program, we will have to rely on debt, and we are in the process of raising debt.”Baroruchi Mishra, on the call for April to June 2026

What management guided

• HPCL B-80 crude inventory: 120,000-150,000 barrels planned for sale in October, with full removal by end-October or early November.
• Dirok DNPL hot taps and IGGL interconnection planned by December; restored capacity of 2.5 million standard cubic meters per day and exchange monetisation potentially within 3 days.
• Kharsang gas pipeline expected to require 14-18 months across route survey, rights-of-way and construction; ideal completion by end of December next year.
• PY-1 two new wells to be spudded only after a firm GSA or take-or-pay agreement with IOCL or GAIL.

Management’s own plans and goals, from our notes of the call. A plan is not a result.

Source: the call transcript.

From the call for April to June 2026, 13 August 2026.

When Hindustan Oil Exploration Company reports July to September 2026, these are the 4 checks that show whether the story is still on course. First: B-80 financing, rig award and workover mobilisation - check campaign commencement and whether water-cut control improves production.

Hindustan Oil Exploration Company is on one of our India lists: Oil & gas stocks.

Hindustan Oil Exploration Company Ltd earned ₹6.2 Cr of net profit in the Jun 2026 quarter, −85.8% on the same quarter a year earlier. Full-year FY26 profit was ₹63.0 Cr. Over 10 years profit has grown 28.8% a year on average. That is 5.5% of the quarter's revenue. The same quarter a year earlier earned ₹43.9 Cr.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

For the full year, FY26 profit was ₹63.0 Cr (−57.1% on the year before).

Why profit moved: revenue changed +45.2% on a year earlier and the margin moved −36.1 percentage points. Sales did the work while the margin got thinner.

On average over the last four quarters, profit changed −81.3% and revenue −86.4%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra rupee of revenue adds more to profit.

Hindustan Oil Exploration Company Ltd reported ₹114 Cr of revenue in the Jun 2026 quarter, +45.2% on the same quarter a year earlier. Over 10 years it has grown 18.5% a year on average. The last full year, FY26, came in at ₹263 Cr. The last four reported quarters add to ₹299 Cr.

Revenue is everything the company billed its customers in the period.

FY26 revenue was ₹263 Cr, −37.5% on the year before.

Recent pace: the last four quarters grew −86.4% on average, against 18.5% a year over the longer run, so this year is growing slower than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew −17.8%, against −35.5% a year over the last 8 quarters (accelerating); profit over the last 12 months grew −83.2%, against −64.8% a year (rolling over).

Hindustan Oil Exploration Company Ltd's operating margin was 4.8% in the Jun 2026 quarter, 36.1 percentage points lower than the same quarter a year ago. Across 13 years it has been between −32.0% and 71.0%. The latest quarter is within that range.

Operating margin is what is left from every ₹100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Why the margin moved: operating margin changed −6.2 percentage points on the year while gross margin changed −209.9 points. So the drop came mostly from the gross margin, which means input costs and prices charged.

Over the last 3 years, 106% of Hindustan Oil Exploration Company Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹178 Cr of operating cash against ₹63.0 Cr of profit.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

After ₹374 Cr of spending on assets, free cash was −₹196 Cr: it spent more than its operations brought in.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

Why: the cash figure is clear, but the day counts behind it are not in our data, so we show it without guessing the reason.

What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building.

Hindustan Oil Exploration Company Ltd's customer, stock and supplier day counts come out in the thousands of days on sales this small (₹263 Cr in FY26), so no cash-cycle chart is drawn and this section looks at its spending on assets instead. It spent ₹493 Cr on assets over the last 3 years.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

Averaged over those years that is 62.5% of FY26 revenue a year.

Spending on assets: ₹493 Cr over the last 3 years, against ₹233 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹87.0 Cr (FY26): assets paid for that are not earning yet.

In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns.

Hindustan Oil Exploration Company Ltd's P/E is 80.6×, near the high end of its own history: higher than 87% of past readings. Its usual P/E (the middle reading) is 23.3×, over 9.2 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many rupees the market pays for each rupee of yearly profit.