Hindustan Oil Exploration Co (BOM:500186) ROCE %: 3.11% (As of Mar. 2026)

What is Hindustan Oil Exploration Co ROCE %?

Hindustan Oil Exploration Co BOM:500186 +0.66% 69 ROCE % is 3.11% as of Mar. 2026. GuruFocus rates BOM:500186 with a GF Score™ of 69/100 and a GF Value™ of ₹72.72 (Significantly Overvalued). The stock has 8 warning signs investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Hindustan Oil Exploration Co's annualized ROCE % for the quarter that ended in Mar. 2026 was 3.11%.

Hindustan Oil Exploration Co (BOM:500186) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Hindustan Oil Exploration Co ROCE % Related Terms

Hindustan Oil Exploration Co ROCE % Historical Data

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The historical data trend for Hindustan Oil Exploration Co's ROCE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Hindustan Oil Exploration Co ROCE % Chart

Hindustan Oil Exploration Co Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Mar25

Mar26

ROCE %

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2.62

18.70

19.64

10.93

4.94

Hindustan Oil Exploration Co Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
ROCE %	Get a 7-Day Free Trial															9.92	12.15	1.93	2.28	3.11

69GF Score

Hindustan Oil Exploration Co Ltd BOM:500186

ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.

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Hindustan Oil Exploration Co ROCE % Calculation

Hindustan Oil Exploration Co's annualized ROCE % for the fiscal year that ended in Mar. 2026 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2026 )		(A: Mar. 2025 )		(A: Mar. 2026 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2026 )		(A: Mar. 2025 )		(A: Mar. 2026 )
	=	816.252	/	( ( (19623.734 - 3432.888)	+	(21707.935 - 4829.821) )	/ 2 )
	=	816.252	/	( (16190.846	+	16878.114)	/ 2 )
	=	816.252	/	16534.48
	=	4.94 %

Hindustan Oil Exploration Co's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2026 )		(Q: Dec. 2025 )		(Q: Mar. 2026 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2026 )		(Q: Dec. 2025 )		(Q: Mar. 2026 )
	=	525.452	/	( ( (0 - 0)	+	(21707.935 - 4829.821) )	/ 1 )
	=	525.452	/	( ( 0	+	16878.114 )	/ 1 )
	=	525.452	/	16878.114
	=	3.11 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

Frequently Asked Questions Learn more about ROCE % →

What does a ROCE % of 3.11% mean?

Hindustan Oil Exploration Co (BOM:500186) has a ROCE % of 3.11% as of Mar. 2026.

Is Hindustan Oil Exploration Co's ROCE % too high?

Hindustan Oil Exploration Co's current ROCE % is 3.11%. The Oil & Gas industry median ROCE % is 6.86. Hindustan Oil Exploration Co's value of 3.11% is 54.6% below this industry median. Overall, Hindustan Oil Exploration Co has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.

How does Hindustan Oil Exploration Co's ROCE % compare to COP and EOG?

Hindustan Oil Exploration Co's ROCE % of 3.11% can be compared against companies in the Oil & Gas industry. The industry median ROCE % is 6.86. Hindustan Oil Exploration Co's value of 3.11% is 54.6% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good ROCE % for an Oil & Gas company?

The median ROCE % among Oil & Gas companies is 6.86, based on 978 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Hindustan Oil Exploration Co's current ROCE % of 3.11% is 54.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high ROCE % mean?

A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Oil & Gas industry, the median ROCE % is 6.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hindustan Oil Exploration Co's current ROCE % is 3.11%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Hindustan Oil Exploration Co stock overvalued right now?

Based on GuruFocus' analysis, Hindustan Oil Exploration Co (BOM:500186) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹72.72, compared to a current price of ₹160.30 — trading 120.4% above its estimated fair value. The current ROCE % is 3.11% and 54.6% below the Oil & Gas industry median of 6.86. Hindustan Oil Exploration Co's overall GF Score™ is 69/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is ROCE % calculated?

ROCE % is calculated from a company's financial statements. For Hindustan Oil Exploration Co (BOM:500186), the current ROCE % is 3.11% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Hindustan Oil Exploration Co (BOM:500186) Overvalued in 2026?

Based on GuruFocus' analysis, Hindustan Oil Exploration Co stock appears to be overvalued. The current stock price of ₹160.30 is trading 120.4% above its estimated GF Value™ of ₹72.72. GuruFocus considers Hindustan Oil Exploration Co to be Significantly Overvalued.

Key valuation signals for BOM:500186:

ROCE %: 3.11%
GF Value™: ₹72.72 vs. price of ₹160.30 (120.4% above fair value)
GF Score™: 69/100 with 8 warning signs
Industry Position: 54.6% below the Oil & Gas median

No single metric tells the full story. See the BOM:500186 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Hindustan Oil Exploration Co Business Description

Industry Energy Oil & Gas

Comparable Companies BOM:544379 BOM:513536 BOM:530075 BOM:543288 HKSE:00883 COP TSX:CNQ EOG FANG OXY DVN MIC:NVTK ASX:WDS EQT TPL TSE:1605 EXE OSL:AKRBP TSX:TOU ASX:STO

Other Exchanges HINDOILEXP:India

Address No.192, St. Mary’s Road, Lakshmi Chambers, Alwarpet, Chennai, TN, IND, 600 018

Website https://www.hoec.com

Hindustan Oil Exploration Co Ltd is engaged in the exploration, development, and production of crude oil and natural gas in India. Its business falls under the reportable segment of Oil and Gas. The group derives revenue from the sale of its products which includes Crude oil, Condensate and Natural gas. Key revenue is derived from the sale of natural gas. Geographically, the group's operations are principally carried in India.

69GF Score

Get the complete analysis for BOM:500186

ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹160.30

Price

₹72.72

GF Value

View BOM:500186 Analysis

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