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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
Hindustan Oil Exploration Company Limited is an India-based oil and gas company. The Company is engaged in the exploration, development and production of crude oil and natural gas in India, both onshore and offshore. Its asset portfolio consists of approximately 10 oil and…
Weekly engine runs — movement reflects the numbers, not analyst opinion.
A middling, stagnant business, priced for perfection.
Hindustan Oil Exploration is scored on the commodity / cyclical framework. It keeps a fat 22.5% of every rupee of sales as net profit. Those profits are backed by real cash — operating cash flow runs 2.83× reported profit. Free cash flow is worth about 4.2% of its market value.
Over the last 3 years revenue compounded at -21%/yr and profit at -31%/yr. Book value has grown 14%/yr. Return on equity is a weak 2.3%. In the latest quarter profit fell 20% versus the prior quarter.
At 32× earnings, the stock sits at the 85th percentile of its own 3.6-year range — the expensive end of where it has historically traded. Today's price already implies ~28%/yr earnings growth sustained for a decade — a demanding bar. The books come through clean — a forensic grade of A, and Altman puts distress risk in the safe zone.
A plain-English restatement of the figures on this page — rules-based, for education and research context, not investment advice or a recommendation.
| Ratio | Company | Sector | Read |
|---|---|---|---|
| P/E | 79.87 | — | — |
| P/B | 1.45 | 3.64 | better |
| EV/EBITDA | 17.74 | — | — |
| ROE | 2.28 | 7.15 | worse |
| ROCE | 3.21 | 8.32 | worse |
| ROA | 1.16 | — | — |
| Quick Ratio | 0.29 | — | — |
| Peer | P/E | P/B | ROE |
|---|---|---|---|
| ONGC | 5.8 | 0.7 | 12.3% |
| Oil India | 7.5 | 1.2 | 11.4% |
| Vedanta OIL AND GAS | 8.6 | 0.7 | 5.8% |
Revenue declined 44% in the latest year — a break from prior trajectory. Negative CAGR — the top line has shrunk over this window. Growth is decelerating — latest year grew slower than the year before.
Revenue is outpacing profit (-21% vs -31%) — costs are rising faster than the top line. The latest year saw a -57% swing — check if it's a one-off or structural.
Operating margin has compressed from 35% to 23% — costs or competition are eating into profitability. Margins have declined for 3 consecutive years — watch for a structural cost problem.
ROE at 5% — modest; the capital isn't working hard. Capital efficiency declining — ROE down 16pp.
EPS dropped in the latest year despite possible profit changes — dilution or a profit dip could be at play. -31% EPS CAGR — this is the rate at which each share's claim on earnings is compounding.
Operating cash flow has been positive every year — the business generates real cash, not just accounting profit. Cash conversion at 2.8× PAT — earnings are well-backed by cash; strong accrual quality. Heavy investing spend every year, but operations generate enough to cover it — the business self-funds its growth.
When operating cash keeps pace with reported profit, earnings are cash-backed; a persistent shortfall is a quality flag.
Revenue rose 167% sequentially — momentum is building. Wide quarterly swings (163% spread) — likely seasonality, lumpy orders, or project-based revenue. Run-rate fading — recent quarters 116% below earlier ones.
Profit fell 20% QoQ — one-quarter drops can be noise, but a pattern matters. Quarterly net margins are expanding (1% → 5%) — profitability per rupee of revenue is improving.
How today's P/E compares to the stock's own historical range. Dashed line = the 3.6y median.
FIIs have accumulated for 3 straight quarters — sustained foreign institutional conviction.
Produced by a rules-based engine over licensed exchange fundamentals — every sentence above is derived from the numbers shown, no analyst or AI opinion involved. Education and research context, not investment advice. We are not SEBI-registered as an Investment Adviser or Research Analyst.