Comparison · NSE · data 2026-11-02
Hindustan Oil Exploration Co., Ltd. vs Indian Oil Corp. Ltd.
In plain words
Size: Indian Oil Corp. Ltd. is about 90.4 times the market value of Hindustan Oil Exploration Co., Ltd..
Valuation (P/E): Hindustan Oil Exploration Co., Ltd. 80.7 vs Indian Oil Corp. Ltd. 3.9.
Return on equity: Indian Oil Corp. Ltd. 20.7% vs Hindustan Oil Exploration Co., Ltd. 4.6%.
Profit growth over 3 years: Indian Oil Corp. Ltd. 62.6% a year vs Hindustan Oil Exploration Co., Ltd. -31.4% a year.
Debt to equity: Indian Oil Corp. Ltd. 0.6 vs Hindustan Oil Exploration Co., Ltd. 0.04.
Differences in the numbers, not a recommendation of either stock.
Side by side
| HINDOILEXP | IOC | |
|---|---|---|
| Price | ₹153.25 | ₹134.31 |
| Market cap | ₹2,031 cr | ₹1,83,576 cr |
| P/E | 80.7 | 3.9 |
| P/B | — | 0.8 |
| ROE | 4.6% | 20.7% |
| ROCE | 2.3% | 20.8% |
| Debt / equity | 0.04 | 0.6 |
| Operating margin | -0.6% | 7.3% |
| Dividend yield | 0.00% | 6.35% |
| Sales growth, 3 years (yearly) | -22.2% | -2.2% |
| Profit growth, 3 years (yearly) | -31.4% | 62.6% |
| 1-year return | -1.8% | -17.9% |
| Revenue, last 12 months | ₹299 cr | ₹9,33,821 cr |
| Net profit, last 12 months | ₹25 cr | ₹47,242 cr |
| Latest quarter | Jun 2026 | Sept 2026 |
| Quarter net profit | ₹6 cr | ₹21,408 cr |
| Quarter profit vs a year earlier | -85.8% | +173.8% |
| Promoter holding | — | 51.50% |
| Health check | Weak (2.2/10) | Strong (7.1/10) |
Common questions
Which has a higher P/E, Hindustan Oil Exploration Co., Ltd. or Indian Oil Corp. Ltd.?
Hindustan Oil Exploration Co., Ltd. trades at the higher P/E (80.7 against 3.9). A higher P/E means the market pays more for each rupee of past earnings; on its own it does not say which is better.
Which earns a higher return on equity?
Indian Oil Corp. Ltd. (20.7% against 4.6%).
Which carries more debt?
Indian Oil Corp. Ltd. has the higher debt-to-equity ratio (0.6 against 0.04).