Oil Country Tubular Ltd
NSE: OILCOUNTUB BSE: 500313
Oil Country Tubular Ltd (OILCOUNTUB) is a Diversified company listed on NSE: OILCOUNTUB | BSE: 500313. With a market cap of ₹303 Cr and ROCE of 8.41%, ROE of 15%, it operates in the Indian Diversified sector.
₹58.2
52W: ₹35.6 — ₹101
PE 0 · Book ₹42.1 · +38% vs bookMarket Cap₹303 Cr
Stock P/E—Price to Earnings
ROCE8.41%Return on Capital
ROE15%Return on Equity
Div. Yield0%Face Value ₹10
Strengths
- +Company has reduced debt.
- +Company's working capital requirements have reduced from 3,069 days to 76.9 days
Weaknesses
- −Company has low interest coverage ratio.
- −Company has a low return on equity of 0.55% over last 3 years.
- −Debtor days have increased from 28.7 to 57.1 days.
- −Company's cost of borrowing seems high
Shareholding Pattern
Promoters47.23%
FIIs0.02%
DIIs0.1%
Public52.64%
| Category | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 49.22% | 49.22% | 49.22% | 49.22% | 56.74%▲7.5 | 56.73%▼0.0 | 47.23%▼9.5 | 47.23% |
| FIIs | 0.01% | 0.01% | 0.01% | 0.03%▲0.0 | 0.07%▲0.0 | 0.17%▲0.1 | 0.04%▼0.1 | 0.02%▼0.0 |
| DIIs | 0.11% | 0.11% | 0.11% | 0.11% | 0.1%▼0.0 | 0.1% | 0.1% | 0.1% |
| Public | 50.65% | 50.65% | 50.65% | 50.64%▼0.0 | 43.1%▼7.5 | 42.99%▼0.1 | 52.61%▲9.6 | 52.64%▲0.0 |
Financial Statements
| Metric | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1 | 6 | 11 | 25 | 22 | 41 | 34 | 25 | 10 | 6 |
| Expenses | 3 | 4 | 8 | 18 | 16 | 24 | 22 | 16 | 12 | 10 |
| Operating Profit | -3 | 2 | 3 | 7 | 7 | 17 | 12 | 9 | -2 | -4 |
| OPM % | -357% | 32% | 30% | 29% | 30% | 41% | 36% | 36% | -23% | -70% |
| Net Profit | -15 | -16 | -15 | -10 | -13 | 2 | -11 | -9 | -22 | -17 |
| EPS ₹ | -3.35 | -3.65 | -3.31 | -2.21 | -2.97 | 0.37 | -2.2 | -1.69 | -4.15 | -3.36 |
AI Insights
Revenue Trend
TTM revenue at ₹75Cr, down 39% YoY. OPM at 20%.
Debt Position
Borrowings at ₹25Cr. Debt-to-equity ratio: 0.15x. Healthy balance sheet.
Institutional Flow
DIIs: 0.1% (-0.01pp change). FIIs: 0.02% (+0.01pp change). Promoters hold 47.23%.
Margin & Efficiency
ROCE declining from 7% (Mar 2014) to -8% (Mar 2025). Working capital days: 77.
Recent Announcements
- Board Meeting Intimation for Consider And Approve The Audited Financial Results For The Quarter And Year Ended March 31, 2026 And Other Business Matters. 12 May - Board meeting on May 21, 2026 to consider audited results for quarter and year ended March 31, 2026.
- Announcement under Regulation 30 (LODR)-Resignation of Chief Financial Officer (CFO) 24 Apr - CFO Lal Bahadur Shastry Gubba resigned effective April 23, 2026, for better professional opportunity.
- Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 14 Apr - Oil Country Tubular disclosed it is not a Large Corporate; long-term borrowings were Rs 10.22 crore as of March 31, 2025.
- Board Meeting Outcome for Outcome Of The Board Meeting Held On 09.04.2026 9 Apr - Board approved Rs. 6.82 crore secured term loan from Cosmos Co-Operative Bank on April 9, 2026.
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 7 Apr - Certificate under regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018
- Financial Year 2025 from bse
- Financial Year 2024 from bse
- Financial Year 2023 from bse