Hindustan Oil Exploration Company share news, announcements and annual reports
NSE: HINDOILEXPBSE: 500186OilSmall Cap
Share price at the NSE close on 30 Oct 2026. Previous close ₹153.34.
30 Oct: open ₹153.95, high ₹155.90, low ₹144.35
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies. Market capitalisation: how it is worked out
- ₹2,026 Cr1,155th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. Price to earnings, trailing: how it is worked out
- 80.69
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. Price to book: how it is worked out
- 1.46
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- Nonein the last 12 months
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it.
- 1.9%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet.
- −0.1%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026.
- 0.04
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day. Volume in the glossary
- 11,23,18043.3% delivered
Hindustan Oil Exploration Company share news and announcements
659 announcements, routine notices left out, newest first. Page 12 of 14.
Jan 2010
27 Jan · Company's Comments on Audit Qualifications
Hindustan Oil Exploration Co. Ltd has informed the Exchange vide notes to Accounts in the Unaudited Financial Results (Provisional) for the quarter ended December 31, 2009 (taken on record by the Board of the Directors of the Company at its Meeting held on January 27, 2010) that "With reference to the observations made in the Auditors' Report for Financial year 2008-09 regarding one unaudited Unincorporated Joint Ventures' Accounts, we have to state that the Company has not received the Audited Accounts of Block GN-ON-90/3 (Pranhita Godavari) being under arbitration. As the above Joint Venture has not entered the production phase, there is no effect on the profit for the quarter/ nine months ended December 31, 2009".27 Jan · Results
Hindustan Oil Exploration Co. Ltd has informed the Exchange regarding the standalone Results for the quarter ended on 31-DEC-2009 as follows: Net Sales of Rs. 3264.31 lacs for quarter ending on 31-DEC-2009 against Rs. 1237.26 lacs for the quarter ending on 30-SEP-2009. Net Profit / (Loss) of Rs. 1035.46 lacs for the quarter ending on 31-DEC-2009 against Rs. (175.68) lacs for the quarter ending on 30-SEP-2009.25 Jan · Updates
Hindustan Oil Exploration Co. Ltd has informed the Exchange that "Hardy Exploration and Production (India) Inc. ("Hardy") the Operator of PY-3 Field, has informed the Company that the offshore facilities repair activities have been completed and the production from PY-3 Field has re-commenced from January 24, 2010.The Company has 21 % participating interest in the same field."19 Jan · Board meeting
Inter-alia to consider and approve the Unaudited Financial Results (Provisional) for the quarter / nine months ended December 31, 2009.5 Jan · Updates
Hindustan Oil Exploration Co. Ltd has informed the Exchange that "Out of 15,069 stock options exercised till date 14,725 stock options were already transferred to the respective option grantees. Further 118 equity shares have been now transferred to the eligible option grantee. 226 equity shares are to be transferred to the respective option grantees pending completion of certain formalities by them. Further, it is informed that since the options granted under the HOEC ESOS Scheme is administered through HOEC ESOS Trust (Trust) whereby shares are purchased by the Trust from the open market based on the options granted by the Compensation and Remuneration Committee of the Board of Directors, there is no change in the issued, subscribed or paid-up capital of the Company on, account of exercise of the said options".
Dec 2009
31 Dec · Management
Hindustan Oil Exploration Co. Ltd has informed the Exchange that: "Mr. Vikash Jain, Company Secretary / Compliance Officer has resigned from the Company due to personal reasons. He is proposed to be relieved from the services of the Company w.e.f. January 15, 2010 (close of business). Mr. Minesh Bhatt, Assistant Company Secretary shall discharge the functions of the Company Secretary / Compliance Officer".9 Dec · Updates
Hindustan Oil Exploration Co. Ltd has informed the Exchange that the Consortium Partners of Block CB-ON-7 have inter-alia agreed with Indian Oil Corporation Limited (IOC), the Buyer of Crude oil from the said Block, for a final price of crude oil being sold to IOC. The said price revision would be applicable with retrospective effect from the commencement of the first sale to IOC from the said Block. The Company, which holds 35% participating interest in the said Block shall receive about USD 3.018 million (gross subject to profit petroleum share of the Government of India) as arrears upto October 31, 2009 on account of the above.
Nov 2009
13 Nov · Meeting
Hindustan Oil Exploration Co. Ltd has submitted to the Exchange a copy of minutes of the Annual General Meeting of the members of the Company held on September 29, 2009. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
Oct 2009
31 Oct · Results
Hindustan Oil Exploration Co. Ltd has informed the Exchange regarding the standalone Results for the half year ended on 30-SEP-2009 as follows: Net Sales of Rs. 2739.53 lacs for half year ending on 30-SEP-2009. Net Profit / (Loss) of Rs. 1073.22 lacs for the half year ending on 30-SEP-2009.31 Oct · Results
Hindustan Oil Exploration Co. Ltd has informed the Exchange regarding the standalone Results for the quarter ended on 30-SEP-2009 as follows: Net Sales of Rs. 1237.26 lacs for quarter ending on 30-SEP-2009 against Rs. 1502.27 lacs for the quarter ending on 30-JUN-2009. Net Profit / (Loss) of Rs. (176.68) lacs for the quarter ending on 30-SEP-2009 against Rs. 1248.9 lacs for the quarter ending on 30-JUN-2009.29 Oct · Grant of Options
Hindustan Oil Exploration Co. Ltd has informed the Exchange that "15,069 options granted by the Company in the past in relation to the financial year 2005-2006 has been exercised by the option grantees. The total number of options granted under the HOEC ESOS Scheme till date is 32,682 options equivalent of 32,682 equity shares of Re. 10/- each. The total number of options vested and exercised under the HOEC ESOS Scheme till date is 15,069 options equivalent of 15,069 equity shares of Re. 10/- each. Further, it is informed that since the options granted under the HOEC ESOS Scheme is administered through HOEC ESOS Trust (Trust) whereby shares are purchased by the Trust from the open market based on the options granted by the Compensation and Remuneration Committee of the Board of Directors, there is no change in the issued, subscribed or paid-up capital of the Company on account of exercise of the said options. Further, it is informed that 14,725 shares pursuant to the exercise of the options aforesaid have been transferred to the respective option grantees. 344 shares are to be transferred to the respective option grantees pending completion of certain formalities by them."20 Oct · Board meeting
Inter alia to consider and approve the Unaudited Financial Results (Provisional) for the 2nd quarter / half year ended September 30, 2009.16 Oct · Updates
Hindustan Oil Exploration Co. Ltd has informed the Exchange that: "The Company has commenced the production of natural gas from PY-1 Field. As notified earlier, the natural gas from this Field shall be supplied to GAIL (India) Limited. Pursuant to the Production Sharing Contract for PY-1 Field, Chennai Petroleum Corporation Ltd. (CPCL), is designated as the Government nominee for purchasing the condensate. The Company has 100% operated participating interest in the said field".
Sep 2009
29 Sep · Updates
Hindustan Oil Exploration Co. Ltd has informed the Exchange that the Annual General Meeting of the Company was held on September 29, 2009. Further a copy of the statement made by the Chairman of the Company shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.29 Sep · Meeting
Hindustan Oil Exploration Co. Ltd has informed the Exchange that the members at the Annual General Meeting held on September 29, 2009 approved all the matters / resolutions proposed there-at viz. E1) Adoption of annual accounts for the financial year 2008-2009. (2) Reappointment of Mr. R. Vasudevan as Director. (3) Re-appointment of M/s. Deloitte Haskins & Sells, Chartered Accountants as the Statutory Auditors of the Company; and (4) Appointment of Mr. S. B. Mathur, Mr. Mukesh Butani and Mr. Sergio Adriano Laura as directors of the Company.22 Sep · Updates
Hindustan Oil Exploration Co. Ltd has informed the Exchange that: "The Company has, as the Operator of PY-1 Field, executed the following agreements: (1) A Tripartite Settlement Agreement with GAIL India Limited ("GAIL") and PPN Power Generating Company Private Limited ("PPN") inter-alia terminating the Natural Gas Sale and Purchase Agreement with PPN and settling the ongoing dispute with GAIL in relation to sale of natural gas from PY-1 Field Including; (a) the withdrawal of the petition filed by the Company before the Hon'ble High Court of Delhi for setting aside the arbitral award dated February 15, 2008; (b) the withdrawal of the petition filed by GAIL before the Hon'ble High Court of Delhi for interim injunction; and (2) A Gas Sale Contract with GAIL for sale of natural gas produced from PY-1 Field. We expect PY-1 Field to generate annual revenue in excess of USD 65 million upon reaching first plateau production. The Company has 100% operated participating interest in PY-1 Field".9 Sep · Meeting
Hindustan Oil Exploration Co. Ltd has informed the Exchange that the Annual General Meeting of the Company shall be held on September 29, 2009. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.4 Sep · Limited Review Report
Hindustan Oil Exploration Co. Ltd has informed the Exchange that the auditors have conducted the limited review for the un-audited financial results for the quarter ended June 30,2009. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
Aug 2009
19 Aug · Updates
Hindustan Oil Exploration Co. Ltd has informed the Exchange that "Hardy Exploration & Production (India) Inc. ("Hardy") the Operator of PY-3 Field, has inter-alia made the following announcement as part of their 'Interim results for the six months ended 30 June 2009': "Production from the PY-3 field was shutdown, on 5 July 2009, due to unscheduled repairs and maintenance of the offshore mooring facility. Adverse marine conditions have frustrated efforts of the contractor to assess and undertake necessary repairs to commence production. PY-3 production is expected to recommence in September 2009". Further, the Company has informed that "The aforesaid announcement is based on the announcements made by Hardy, the Operator of PY-3 Field. The Company has 21% non-operating participating interest in the said field".
Jul 2009
24 Jul · Management
Hindustan Oil Exploration Co. Ltd has informed the Exchange vide notes to Accounts in the Unaudited Financial Results (Provisional) for the quarter ended June 30, 2009 (taken on record by the Board of the Directors of the Company at its Meeting held on July 23, 2009) that "With reference to the observations made in the Auditors' Report for Financial year 2008-09 regarding one unaudited Unincorporated Joint Ventures' Accounts, we have to state that the Company has not received the Audited Accounts of Block GN-ON-90/3 (Pranhita Godavari) being under arbitration. As the above Joint Venture has not entered the production phase there is no effect on the profit for the quarter ended June 30, 2009".23 Jul · Results
Hindustan Oil Exploration Co. Ltd has informed the Exchange regarding the standalone Results for the quarter ended on 30-JUN-2009 as follows: Net Sales of Rs. 1502.27 lacs for quarter ending on 30-JUN-2009. Net Profit / (Loss) of Rs. 1248.9 lacs for the quarter ending on 30-JUN-2009.21 Jul · Corporate action
Hindustan Oil Exploration Co. Ltd has informed the Exchange that the Register of Members and Share Transfer Books will remain closed during the period from August 07, 2009 to August 11, 2009 (both days inclusive). The said Book Closure dates shall be for the purpose of determining the list of Members for the purpose of attending and voting at the Annual General Meeting.21 Jul · Updates
Hindustan Oil Exploration Co. Ltd has informed the Exchange regarding "Grant of Petroleum Exploration Licence". The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.17 Jul · Updates
Hindustan Oil Exploration Co. Ltd has informed the Exchange that "Hardy Exploration & Production (India) Inc., the Operator of the PY-3 field has informed the Company that due to export hose damage at normor buoy, the production at PY-3 field has been shut down. Efforts are currently ongoing to restart the production. The Company has 21% participating interest in the said Field".10 Jul · Board meeting
Meeting of the Audit Committee and the Board of Directors of the Company will be held on July 23, 2009, inter alia to consider and take on record the Unaudited Financial Results of the Company for the quarter ended on June 30, 2009
Jun 2009
12 Jun · Management
Hindustan Oil Exploration Co. Ltd has informed the Exchange that the Board of Directors of the Company have at their meeting held on June 11, 2009 appointed Mr. Sergio Adriano Laura as an Additional Director on the Board of the Company.12 Jun · Results
Hindustan Oil Exploration Co. Ltd has informed the Exchange regarding the consolidated Results for the year ended on 31-MAR-2009 as follows: Net Sales of Rs. 9869.08 lacs for year ending on 31-MAR-2009 against Rs. 9664.68 lacs for the year ending on 31-MAR-2008. Net Profit / (Loss) of Rs. 5448.22 lacs for the year ending on 31-MAR-2009 against Rs. 2578.32 lacs for the year ending on 31-MAR-2008.12 Jun · Results
Hindustan Oil Exploration Co. Ltd has informed the Exchange regarding the standalone Results for the year ended on 31-MAR-2009 as follows: Net Sales of Rs. 8517.84 lacs for year ending on 31-MAR-2009 against Rs. 8334.69 lacs for the year ending on 31-MAR-2008. Net Profit / (Loss) of Rs. 5356.64 lacs for the year ending on 31-MAR-2009 against Rs. 2410.04 lacs for the year ending on 31-MAR-2008.2 Jun · Board meeting
Inter alia to consider and take on record the Audited Financial Results of the Company for the quarter / Financial Year ended on March 31, 2009.
May 2009
29 May · Management
Hindustan Oil Exploration Co. Ltd has informed the Exchange that Mr. Franco Conticini, Non-Executive Director has resigned from the Board of Directors of the Company.19 May · Updates
Hindustan Oil Exploration Co. Ltd has informed the Exchange that "The Company, designated as Operator of PY-1 Field, has mobilised drilling unit Deep Driller-8 to the PY-1 site and commenced tie-back of the development well "Earth" (drilled and tested earlier by the Company) to the PY-1 platform. Subsequently, the rig shall be utilised to drill two additional producer wells "Mercury" and "Jupiter" in PY-1 Field. The Company has 100% Participating Interest in the said Field".
Apr 2009
21 Apr · Disclosure
Hindustan Oil Exploration Co. Ltd has submitted to the Exchange a disclosure pursuant to Regulation 8A (4) of the SEBI (Substantial Acquisition of Shares and Takeovers) ,Regulations, 1997. The copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.2 Apr · Updates
Hindustan Oil Exploration Co. Ltd has informed the Exchange that "The Operator (ONGC) has informed the Company that the Directorate General of Hydrocarbons, Ministry of Petroleum and Natural Gas, Government of India has interalia approved the development plan of Gulf 'A' discovery in the Block CB-OS-1. The Company has 38.07% Non-operating participating interest in the said development area".1 Apr · Results
Hindustan Oil Exploration Co. Ltd has informed the Exchange that: "The Company will publish its Audited Accounts for the Financial Year ended March 31, 2009 on or before June 30, 2009. Hence the un-audited financial results for the quarter ended March 31, 2009 shall not be published".
Feb 2009
24 Feb · Updates
Hindustan Oil Exploration Co. Ltd has informed the Exchange that : In continuation of the announcement dated February 20, 2009 made by the Company, the Company has entered into a Loan Agreement with Eni Coordination Centre S.A., Brussels (ECC) for availing a US Dollar denominated Term Loan by way of External Commercial Borrowing amounting to USD 125 million to part finance the various development activities of the Company including PY-1 Field. The Eni Coordination Centre, based in Brusselsand, is an operational finance centre focused on meeting the financial requirements of foreign-based companies.20 Feb · Limited Review Report
Hindustan Oil Exploration Co. Ltd has informed the Exchange that the auditors have conducted the limited review for the un-audited financial results for the quarter ended December 31,2008.A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.20 Feb · Updates
Hindustan Oil Exploration Co. Ltd has informed the Exchange that: "The Company had in the past entered into a Dollar Facility Agreement (DFA) with a consortium of Banks for availing a US Dollar denominated Term Loan amounting to USD 100 million to part finance the development of PY-1 Field. Under the said DFA, the banks had made partial disbursement of USD 12.84 million. Due to market conditions, the banks are not willing to disburse the balance amount as per the terms of the DFA and accordingly the Company has decided to repay the outstanding amount and close the DFA. The company is in advanced stages of making alternate arrangements for the required funds."17 Feb · Updates
Hindustan Oil Exploration Co. Ltd has informed the Exchange that "Hardy Exploration & Production (India) Inc. the Operator of PY-3 Field has inter-alia notified that the drilling of a lateral well (PD4- RL) through re-entry of the PD4 well in the PY-3 field is now complete. Whilst the well tested at a rate of 700 stock tank barrel per day (stbd) of oil with 30% water cut under nitrogen lift, it was unable to be reactivated as a self flowing well. The well has been completed as a producer with a gas lift valve to allow for future production once gas lift compression facilities are installed on the Floating Production Unit (FPU). Further drilling in PY-3 field will be determined, after remapping of the field has been completed incorporating the results of PD4-RL well. The PY-3 field is currently producing at a rate of approximately 3,000 stbd. The Company has 21% Non-operating participating interest in the said field."5 Feb · Updates
Hindustan Oil Exploration Co. Ltd has informed the Exchange that "The Registrar & Share Transfer Agent of the Company have informed us that their name has changed from "Intime Spectrum Registry Limited" to "Link Intime India Private Limited"."
Jan 2009
15 Jan · Results
Hindustan Oil Exploration Co. Ltd has informed the Exchange regarding the standalone Results for the quarter ended on 31-DEC-2008 as follows: Net Sales of Rs. 1174.1 lacs for quarter ending on 31-DEC-2008 against Rs. 2876.58 lacs for the quarter ending on 30-SEP-2008. Net Profit / (Loss) of Rs. 1006.36 lacs for the quarter ending on 31-DEC-2008 against Rs. 1286.49 lacs for the quarter ending on 30-SEP-2008.5 Jan · Board meeting
Meetings of the Audit Committee and the Board of Directors of the Company will be held on January 15, 2009 inter alia to consider and approve the Unaudited Financial Results (Provisional) for the quarter ended December 31, 2008.
Dec 2008
3 Dec · Updates
Hindustan Oil Exploration Co. Ltd has informed the Exchange that the Ministry of Petroleum and Natural Gas, Government of India, has vide its letter dated December 01, 2008 received by the Company on December 03, 2008, informed that the Company has been awarded the followings blocks, as per details hereunder, by the Government of India under the New Exploration Licensing Policy Round VII (NEPL VII). 1)Block Name: RJ-ONN-2005/1; Operator / Non Operator : Operator; Participating Interest of the company in the Block : 25% ; Block Area (sq.km.) : 1424. 2)Block Name: RJ-ONN-2005/2; Operator / Non Operator : Non Operator; Participating Interest of the company in the Block : 20% ; Block Area (sq.km.) : 1517. The Production Sharing Contracts for the same shall be executed in due course.3 Dec · Commencement of commercial production
Hindustan Oil Exploration Co. Ltd has informed the Exchange that ONGC, the licensee of Block CB-ON-7 has received the mining lease in relation to SPD Development area in Block CB-ON-7 on December 03, 2008. Consequent to the same, the Company has Commenced commercial production from the SPD-1 well located in SPD Development area. The initial rate of production is 100 barrels of oil per day. The Company has 35% participating interest in the Block.2 Dec · Limited Review Report
Hindustan Oil Exploration Co. Ltd has informed the Exchange that the auditor's have conducted the limited review of the unaudited financial results for the quarter and six month ended September 30, 2008 and the details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/CorporateAnnouncements). For more details click here.
Nov 2008
28 Nov · Updates
Hindustan Oil Exploration Co. Ltd has informed the Exchange that: "The Company has settled its ongoing dispute with DIOG Limited, the assignee in interest of Mosbacher India LLC (Mosbacher), holding 20% participating interest in the erstwhile Block CY-OSN-97/1, which was a subject matter of arbitration initiated by DIOG Limited before London Court of International Arbitration (LCIA). The Company has received an amount of USD 871,103 from DIOG in full and final settlement of all claims of either party against the other. The said amount would be appropriated against the outstanding cash call payable by DIOG and consequentially an amount of about Rs 17.38 million shall be written off. Both the Parties have written to the arbitral tribunal withdrawing their respective claims. Further, the arbitral tribunal has allowed the parties to withdraw their respective claims."12 Nov · Rating
Hindustan Oil Exploration Co. Ltd has informed the Exchange that: "ICRA has vide its letter no. RTG/Chen/I39/08-09 dated November 7, 2008 received by the Company on November 12, 2008, assigned a rating of LA+ to the USD 100 million term loan facility availed / to be availed by the Company for PY-1 field development. LA+ is the adequate-credit quality rating assigned by ICRA and the rated instrument carries average credit risk".
Oct 2008
27 Oct · Meeting
Hindustan Oil Exploration Co. Ltd has submitted to the Exchange a copy of the minutes of the Annual General Meeting of the members of the Company held on September 30, 2008. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.23 Oct · Management
Hindustan Oil Exploration Co. Ltd has informed the Exchange that the Board of Directors of the Company have at their meeting held on October 23, 2008 appointed Mr. Mukesh Butani as an independent director on the Board in the casual vacancy caused by the resignation of Mr. Rahul Bhasin.23 Oct · Results
Hindustan Oil Exploration Co. Ltd has informed the Exchange regarding the standalone Results for the half year ended on 30-SEP-2008 as follows: Net Sales of Rs. 4825.51 lacs for half year ending on 30-SEP-2008. Net Profit / (Loss) of Rs. 2645.58 lacs for the half year ending on 30-SEP-2008.23 Oct · Results
Hindustan Oil Exploration Co. Ltd has informed the Exchange regarding the standalone Results for the quarter ended on 30-SEP-2008 as follows: Net Sales of Rs. 2876.58 lacs for quarter ending on 30-SEP-2008 against Rs. 1948.93 lacs for the quarter ending on 30-JUN-2008. Net Profit / (Loss) of Rs. 1286.49 lacs for the quarter ending on 30-SEP-2008 against Rs. 1359.09 lacs for the quarter ending on 30-JUN-2008.