Hindustan Oil Exploration Co., Ltd. · NSE:HINDOILEXP
Hindustan Oil Exploration — Q1 FY2026 Earnings Presentation
18 slides from Hindustan Oil Exploration's earnings presentation, Aug 17, 2025
Slide 1: Hindustan Oil Exploration Company Limited – Earnings presentation cover letter
Hindustan Oil Exploration Company Limited ‘Lakshmi Chambers’, 192, St. Mary’s Road, Alwarpet, Chennai - 600 018. INDIA. : 91 (044) 66229000 ● Fax: 91 (044) 66229011 / 66229012 E-mail: contact@hoec.com ● Website: www.hoec.com CIN: L11100GJ1996PLC029880 August 17, 2025 By Online The Listing Department
Slide 2: Earnings Presentation Q1FY26
EARNINGS PRESENTATION Q1FY26 | Aug 2025 Page 1
Slide 3: Disclaimer
Disclaimer No representation or warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or opinions contained in this presentation. Such information and opinions are in all events not current after the d
Slide 4: Strategy-aligned asset portfolio across key resource-rich locations
Strategy-aligned asset portfolio across key resource-rich locations • An India-focused asset portfolio tailored to deliver on our strategy of rapid Asjol development of discovered resources North Balol • Strong offshore presence with anchor Cambay Palej assets on both east and west coasts Dirok Khar
Slide 5: Focused Strategy for Value Generation
Focused Strategy for Value Generation Uniquely positioned with the right organization and asset portfolio to deliver superior value Focus on Discovered Resources ▪ Focus on discovered Oil & Gas resources to reduce risk ▪ Fast-track execution for early monetization of resources ▪ Exploration in proli
Slide 6: Operational Highlights
OPERATIONAL 1 HIGHLIGHTS Q1FY26 Page 5
Slide 7: Q1 FY 2025-26 Operational Highlights
Q1 FY 2025-26 Operational Highlights Gross Production (BOEPD) Net Production (BOEPD) Q1FY26: 6,369 Q1FY26: 2,777 FY25: 6,109 FY25: 2,933 Q4FY25: 5,458 Q4FY25: 2,665 Dirok - Average production per day • Q1FY26: Gas 20.22 mmscfd & Condensate: ~ 364 bpd Average price - $ 7.56/mmbtu • Q4FY25: Gas 15.57
Slide 8: Mumbai Offshore – Operational Update (B-80)
Mumbai Offshore – Operational Update B-80 • Participating Interest stands at 100% (increased from 60%) • Production was disrupted in mid-June ’25 due to monsoon fury; FSO was de-moored from the SPM for safety purposes • Re-moored the vessel in Aug ’25 and commenced production from both the wells • P
Slide 9: Mumbai Offshore – Operational Update (B-15)
Mumbai Offshore – Operational Update B-15 • Signed a Revenue Sharing Contract on April 15, 2025 • 100% Participating Interest – Acreage - 332.4 sq. km. • Two discoveries (B-15A-1 & B-15-2) and four additional wells • The area has 331.75 sq. km. of 3D seismic data and 644.24 line km of 2D seismic dat
Slide 10: Dirok: Production & Phase-II development
Dirok: Production & Phase-II development • Field has potential to produce up to 55 mmscfd • North-East Gas Grid expected by FY25-26 • On completion of NE Gas Grid, no demand constraint is expected • Revised FDP submitted for extension of PSC • Planning is in progress for drilling of well ND-1 in Nor
Slide 11: PY-1: Redevelopment
PY-1: Redevelopment Offshore Platform Onshore terminal Processing Sub-sea Pipeline 8 slots Capacity: 55 mmscfd 56 km • Production Sharing Contract stands extended till October 5, 2030 • Only Offshore Production platform in Cauvery Offshore • Eight slots in platform and four wells drilled • Unique, g
Slide 12: Kharsang: Production & Development
Kharsang: Production & Development • GeoEnpro, subsidiary of HOEC, is the operator • Kharsang oilfield is in Arunachal Pradesh, about 60 kms away from Dirok. • Environmental Clearance for 40 development wells and 5 exploration wells obtained • Four well drilling has been completed as on date and fif
Slide 13: Cambay: Production & Development
Cambay: Production & Development • Environmental clearance received for drilling 2 wells each in North Balol and Asjol • Completed workover of two wells. NB-1 shut-in for over 15 years has been put on production, produces ~0.1 mmscfd of gas. • Commenced drilling of the first development well in Nort
Slide 14: Other North-Eastern Blocks - Update
Other North-Eastern Blocks - Update Block AA-ONHP-2017/19 • Reprocessed the 3D Seismic data and PSDM data interpreted, and final well locations released • This block is in between Dirok and Kharsang ; analogue to Dirok • EC clearance obtained; awaiting extension for exploration for an additional yea
Slide 15: Financial Highlights
FINANCIAL 2 HIGHLIGHTS Q1FY26 Page 14
Slide 16: Consolidated Statement of Profit & Loss
Consolidated Statement of Profit & Loss PARTICULARS (INR Cr) Q1FY26 Q4FY25 Q1FY25 FY25 INCOME Revenue from operations 78.65 76.46 136.15 420.87 Adj. - 40% PI acquisition in B-80, day rate reduction of MOPU & FSO * - (33.07) - - Other income 2.85 57.08 10.60 76.12 Total revenue 81.50 100.47 146.75 49
Slide 17: Standalone Statement of Profit & Loss
Standalone Statement of Profit & Loss PARTICULARS (INR Cr) Q1FY26 Q4FY25 Q1FY25 FY25 INCOME Revenue from operations 76.60 74.21 65.16 306.07 Adj. - 40% PI acquisition in B-80, 25% PI assigned to HOEC in Kharsang* - 51.11 - - Other income 5.37 53.70 12.32 78.91 Total revenue 81.97 179.02 77.48 384.98
Slide 18: Thank You
THANK YOU hoec.com Investor Relations: Ernst & Young (EY LLP) Cyril Paul / Nachiket Kale P: +91 99206 76610 / 99209 40808 Page 17 E: cyril.paul@in.ey.com/ nachiket.kale@in.ey.com
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