Hindustan Oil Exploration Co Ltd (NSE:HINDOILEXP)
₹ 161.13 -0.16 (-0.1%) Market Cap: 21.26 Bil Enterprise Value: 20.81 Bil PE Ratio: 33.50 PB Ratio: 1.52 GF Score: 76/100

Q4 2025 Hindustan Oil Exploration Company Ltd Earnings Call Transcript

May 29, 2025 / 06:00 AM GMT
Release Date Price: ₹171.61 (-4.62%)

Key Points

Positve
  • Hindustan Oil Exploration Co Ltd (BOM:500186) has obtained environmental clearance for drilling 40 development wells and 3 exploration wells in the Karang block, with the first well already producing 200 barrels of oil per day.
  • The company has a revised development plan for the Dro field, with plans to drill a well in North Dro, potentially increasing production capacity.
  • Revenue for the quarter increased significantly to INR 142.61 crore, mainly due to acquiring 100% participating interest in the VAT field.
  • The company is debt-free, with a net debt of zero, allowing it to continue its drilling program without financial strain.
  • Hindustan Oil Exploration Co Ltd (BOM:500186) is actively preparing for future demand increases by planning to connect the northeastern gas grid to the national grid, which could alleviate current demand constraints.
Negative
  • Sales volume and production have decreased compared to the previous quarter, with a notable decline in gas sales from 0.44 BCF to 0.37 BCF.
  • The company faces demand constraints, particularly in the northeastern region, which restricts production despite having the capacity to produce more.
  • There are ongoing legal disputes regarding the PY3 field, where Hindustan Oil Exploration Co Ltd (BOM:500186) holds a 21% interest, potentially affecting future revenue from this asset.
  • The company has not sold its oil inventory due to low market prices, resulting in a significant stockpile of 390,000 barrels of oil.
  • There is uncertainty regarding the timeline for connecting the DNPL pipeline, which is crucial for increasing sales from the Dro field.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

HOEX.NS - Hindustan Oil Exploration Company Ltd
Q4 2025 Hindustan Oil Exploration Company Ltd Earnings Call
May 29, 2025 / 06:00AM GMT

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Presentation
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Unidentified_1 [1]
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Ladies and gentlemen, good day and welcome to Hindustan Oil Exploration Company Limited, Q4 FI 25 earnings conference call.

As a reminder, all participant lines will be in the listen-only mode, and there will be an opportunity for you to ask questions after the presentation concludes.

Should you need assistance during this conference call, please signal an operator by pressing, then 0 or near touch tone phone.

Please note that this conference is being recorded.

I now have the conference over to Mr. Nashik Kale from EYIR.

Thank you and over to you, Mr. Kale.

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