Hindustan Oil Exploration Company Limited

Exploring, developing, and producing oil and gas assets in India, with a subsidiary in oil field services.

1996 | Vadodara, Gujarat (India) | Active
Last Updated: December 25, 2024

Hindustan Oil Exploration Company Profile

Key Indicators

  • Authorised Capital ₹ 500.00 Cr
  • Paid Up Capital ₹ 132.24 Cr
  • Company Age 28 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 450.00 Cr
  • Satisfied Charges ₹ 594.00 Cr
  • Revenue Growth -44.76%
  • Profit Growth -53.80%
  • Ebitda -45.21%
  • Net Worth 9.79%
  • Total Assets 14.87%

About Hindustan Oil Exploration Company

Hindustan Oil Exploration Company Limited (HOECL) is a leading Public Limited Indian Non-Government Company incorporated in India on 11 June 1996 and has a history of 28 years and eight months. Its registered office is in Vadodara, Gujarat, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 500186 and on the National Stock Exchange(NSE) under HINDOILEXP.

The Company is engaged in the Energy And Power Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 500.00 Cr and a paid-up capital of Rs 132.24 Cr.

The company currently has active open charges totaling ₹450.00 Cr. The company has closed loans amounting to ₹594.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Hindustan Oil Exploration Company Limited India are Josephin Daisy as COMPANY SECRETARY and N Senthilnathan as Cfo. Rohit Dhoot, Ashok Goel, Vivek Rae, and Three other members serve as directors at the Company.

Company Details

  • Location

    Vadodara, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    hoec.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    L11100GJ1996PLC029880

  • Company No.

    029880

  • Stock Symbol

    BSE : 500186 NSE : HINDOILEXP

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    11 Jun 1996

  • Date of AGM

    26 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Ahmedabad

Industry

Energy and Power

What products or services does Hindustan Oil Exploration Company Limited offer?

Hindustan Oil Exploration Company Limited offers a wide range of products and services, including Corporate and Soft Skills Training, Corporate Training, ISO & Quality Management Consultants, Certification Services.

Who are the key members and board of directors at Hindustan Oil Exploration Company?

Executive Team (3)

NameDesignationAppointment DateStatus
Josephin Daisy Company Secretary07-Jun-2024Current
N Senthilnathan Country flag representing In CFOCurrent
Ramasamy Jeevanandam Country flag representing In Managing Director25-Sep-2015Current

Board Members (5)

NameDesignationAppointment DateStatus
Pronip Borthakur Country flag representing In Director 15-Jun-2016Current
Rohit Dhoot Country flag representing In Director 10-Mar-2018Current
Ashok Goel Country flag representing In Director 01-Mar-2018Current
Vivek Rae Country flag representing In Director 18-Apr-2019Current
Sharmila Amin Country flag representing In Director 17-Dec-2014Current

Financial Performance of Hindustan Oil Exploration Company.

Hindustan Oil Exploration Company Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 44.76% decrease. The company also saw a substantial fall in profitability, with a 53.8% decrease in profit. The company's net worth moved up by a moderate rise of 9.79%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-44.76%
Revenue from Operations
-44.71%
Total Assets
14.87%
Profit or Loss
-53.80%
Net Worth
9.79%
EBITDA
-45.21%

What is the Ownership and Shareholding Structure of Hindustan Oil Exploration Company?

In 2021, Hindustan Oil Exploration Company had a public holding of 99.99%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹450.00 Cr

Satisfied Charges

₹594.00 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 450.00 Cr

Latest Charge Details

DateLenderAmountStatus
11 Jul 2023Axis Bank Limited₹79.50 CrOpen
23 Nov 2022Axis Bank Limited₹6.00 CrOpen
16 Nov 2022Axis Bank Limited₹100.00 CrOpen
16 Nov 2022Axis Bank Limited₹19.50 CrOpen
06 Oct 2021Axis Bank Limited₹125.00 CrOpen

How Many Employees Work at Hindustan Oil Exploration Company?

Unlock and access historical data on people associated with Hindustan Oil Exploration Company, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Hindustan Oil Exploration Company, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Hindustan Oil Exploration Company's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Hindustan Oil Exploration Company

Recent activity within the organization

  • Annual General Meeting

    Hindustan Oil Exploration Company Limited last Annual general meeting of members was held on 26 Sep 2024 as per latest MCA records.

    26 Sep 2024

  • Director Appointment

    Josephin Daisy was appointed as a Company Secretary was appointed as a Company Secretary on 07 Jun 2024 & has been associated with this company since 8 months 16 days .

    07 Jun 2024

  • Balance Sheet

    Hindustan Oil Exploration Company Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 79.50 Cr with Charge ID 100752666 was registered on 11 Jul 2023.

    11 Jul 2023

  • Charges

    A charge with Axis Bank Limited of Rs. 6.00 Cr registered on 23 Nov 2022 with Charge ID 100648905 was modified on 08 Dec 2022.

    08 Dec 2022

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 6.00 Cr with Charge ID 100648905 was registered on 23 Nov 2022.

    23 Nov 2022

Recent News, Updates & Announcement

Frequently asked questions

  • Hindustan Oil Exploration Company Limited was incorporated on 11 Jun 1996.

  • The authorized share capital of Hindustan Oil Exploration Company Limited is ₹ 500.00 Cr and paid-up capital is ₹ 132.24 Cr.

  • Currently 8 directors are associated with Hindustan Oil Exploration Company Limited.

    • Rohit Rajgopal Dhoot
    • Ashok Kumar Nandkishore Goenka Goel
    • Vivek Rae
    • Pronip Kumar Borthakur
    • Sharmila Hiralal Amin
    • Josephin Daisy
    • N Sivalai Senthilnathan
    • Ramasamy Jeevanandam
  • As per Ministry of Corporate Affairs (Mca), the registered address of Hindustan Oil Exploration Company Limited is Tandalja Road Off Old Padraroad India, Baroda, Gujarat, 390020.

  • The corporate identification number (CIN) of Hindustan Oil Exploration Company Limited is L11100GJ1996PLC029880 and the company number is 029880 as per Ministry of Corporate Affairs (MCA).

  • Yes, Hindustan Oil Exploration Company Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): HINDOILEXP.

  • The Official website of Hindustan Oil Exploration Company Limited is https://www.hoec.com

  • According to the financial reports for the fiscal year 2021, the revenue trend for Hindustan Oil Exploration Company Limited has fallen by -44.76%.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Hindustan Oil Exploration Company Limited has experienced an upsurge of 9.79%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Hindustan Oil Exploration Company Limited amount to ₹ 450.00 Cr.

  • The most recent Balance Sheet for Hindustan Oil Exploration Company Limited was filed with the ROC on 31 Mar 2024.

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