Ticker > Company >

Oil Country Tubular share price

Oil Country Tubular Ltd.

NSE: OILCOUNTUB BSE: 500313 SECTOR: Steel & Iron Products  19k   18   2

72.95
+2.32 (3.28%)
BSE: 13 Mar 04:01 PM

Price Summary

Today's High

₹ 74.16

Today's Low

₹ 71.11

52 Week High

₹ 99.99

52 Week Low

₹ 26.70

FinStar

Ownership Below Par
Stock price may face volatility due to ownership structure.
ValuationAttractive
The stock is considerably attractive based on intrinsic value.
EfficiencyPoor
The company seems highly inefficient in case of asset management.
FinancialsWeak
Watch out! The company might not be able to sustain any adverse condition.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

348.99 Cr.

Enterprise Value

436.08 Cr.

No. of Shares

4.78 Cr.

P/E

0

P/B

0

Face Value

₹ 10

Div. Yield

0 %

Book Value (TTM)

₹  -8.16

CASH

3.15 Cr.

DEBT

90.24 Cr.

Promoter Holding

49.22 %

EPS (TTM)

₹  -7.52

Sales Growth

6,534.92%

ROE

0 %

ROCE

-119.83%

Profit Growth

-167.30 %

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

Your Added Ratios

Please login to Add & View your own added ratios.

Login

Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

CAGR Return : 148.7%

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.
* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

COMPANYPRICERs.MCAPCr.P/BP/EEPSRs.ROE%ROCE%P/SEV/EBITDA
Mahamaya Steel Inds241396.072.94133.531.803.686.890.5127.47
Mangalam Worldwide151.85394.822.1614.0110.8413.8214.580.489.47
Supershakti Metaliks327376.881.5128.1111.635.507.860.5215.40
Azad India Mobility107364.987.300-0.09-6.74-5.630-1,279.54
Visa Steel36.67350.2600-3.220-7.610.5251.36
Oil Country Tubular72.95348.5600-7.520-119.8319.1111.46
D.P. Wires218338.191.3812.0818.0617.3924.600.347.74
Rudra Global Infra31.30314.082.5318.341.7120.1016.590.5610.58
Krishca Strapping S217.95309.273.4923.369.3352.9245.832.9416.18
Manaksia Steels47.85308.930.9724.471.9310.2311.250.4914.93

View Full Peer Comparison
* The Peers list includes companies operating in the same industry and having comparable market cap.

Ratios

Sales Growth

1 Year6534.92%
3 Year101.62%
5 Year-6.4%

Profit Growth

1 Year-114.63%
3 Year-3.1%
5 Year5.98%

ROE%

1 Year0%
3 Year0%
5 Year-213.64%

ROCE %

1 Year-119.83%
3 Year-5.9%
5 Year-16.31%

Debt/Equity

-3.28

Price to Cash Flow

-18.38

Interest Cover Ratio

-11.78

CFO/PAT (5 Yr. Avg.)

0

Shareholding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Dec 2024 49.22 66.47
Sep 2024 49.22 66.47
Jun 2024 49.22 66.47
Mar 2024 49.22 66.47
Dec 2023 49.22 66.47
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has shown a good revenue growth of 101.62% for the Past 3 years.
  • Company has a healthy liquidity position with current ratio of 2.15.

 Limitations

  • The company has shown a poor profit growth of -14.95% for the Past 3 years.
  • Company has a poor ROE of 0% over the past 3 years.
  • Company has a poor ROCE of -5.90% over the past 3 years
  • Company has negative cash flow from operations of -18.99.
  • Tax rate is low at 7.88.
  • The company has a low EBITDA margin of -1,173.56% over the past 5 years.
  • Promoter pledging is high as 66.47%.

Quarterly Result (All Figures in Cr.)

PARTICULARS Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024
Net Sales 5.98 11.29 25 22.36 41.21
Total Expenditure 4.07 7.91 17.68 15.66 24.41
Operating Profit 1.91 3.38 7.32 6.70 16.80
Other Income 0.09 0.91 0.36 0.70 0.75
Interest 1.62 1.75 1.71 1.65 1.80
Depreciation 22.64 18.08 14.85 15.68 14.08
Exceptional Items 0 -0.48 0 0 0
Profit Before Tax -22.26 -16.01 -8.88 -9.94 1.67
Tax -6.11 -1.37 0.93 3.22 0.03
Profit After Tax -16.15 -14.64 -9.81 -13.16 1.65
Adjusted EPS (Rs) -3.65 -3.31 -2.21 -2.97 0.37

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Net Sales 11.05 2.23 0 0.27 18.24
Total Expenditure 35.41 13.76 7.38 14.38 18.13
Operating Profit -24.37 -11.53 -7.38 -14.10 0.11
Other Income 2.11 2.77 0.10 141.87 1.45
Interest 18.61 21.65 24.66 11.93 5.99
Depreciation 21.05 20.46 19.38 29.86 71.56
Exceptional Items 0 0 0 0 -0.48
Profit Before Tax -61.91 -50.88 -51.32 85.98 -76.47
Tax 0.22 0 0 -18.70 -6.02
Net Profit -62.13 -50.48 -51.01 376.13 -55.04
Adjusted EPS (Rs.) -14.03 -11.49 -11.59 23.63 -15.91

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity and Liabilities
Share Capital 44.29 44.29 44.29 44.29 44.29
Total Reserves -68.60 -119.08 -170.62 205.51 150.47
Borrowings 2.86 37.57 80.88 65.89 90.24
Other N/C liabilities 78.69 75.97 79.59 141.50 118.39
Current liabilities 164.73 188.67 210.59 39.45 23.51
Total Liabilities 221.97 227.42 244.73 496.63 426.90
Assets
Net Block 174.14 153.68 134.30 452.44 375.70
Capital WIP 0 0 0 0 0
Intangible WIP 0 0 0 0 0
Investments 0 0 0 0 0
Loans & Advances 3.17 2.36 1.71 0.56 0.56
Other N/C Assets 0 0 0 0.02 0.01
Current Assets 44.66 71.38 108.72 43.62 50.63
Total Assets 221.97 227.42 244.73 496.63 426.90
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Profit from operations -61.91 -50.88 -51.32 85.98 -75.99
Adjustment 39.79 42.28 43.80 42.40 77.54
Changes in Assets & Liabilities 30.41 -17.72 -19.21 40.74 -20.08
Tax Paid 3.77 0.04 0.02 0 -0.46
Operating Cash Flow 12.05 -26.28 -26.71 169.12 -18.99
Investing Cash Flow 0.11 0.22 0.03 0 2.09
Financing Cash Flow -15.43 26.05 26.79 -168.99 18.37
Net Cash Flow -3.27 0 0.11 0.12 1.47

Corporate Actions

 Looks like the company has not paid dividend in the recent past.

Report us
 Looks like the company has not issued bonus shares in the recent past.

Report us
 Looks like the company has not done rights issue in the recent past.

Report us
 Looks like the company has not done share splits in the recent past.

Report us

Investors Details

PARTICULARS Dec 2023% Mar 2024% Jun 2024% Sep 2024% Dec 2024%
promoters 49.22 49.22 49.22 49.22 49.22
b sri aditya 1.13 1.13 1.13 1.13 1.13
b sri pavani 1.13 1.13 1.13 1.13 1.13
b.ushashree 1.41 1.41 1.41 1.41 1.41
dr.k.vasundhara 0.63 0.63 0.63 0.63 0.63
k barghavi 1.52 1.52 1.52 1.52 1.52
k gayatri devi 1.52 1.52 1.52 1.52 1.52
k indira devi 1.13 1.13 1.13 1.13 1.13
k sai surya kiran 1.13 1.13 1.13 1.13 1.13
k sashidhar 0.01 0.01 0.01 0.01 0.01
k siva surya teja 1.13 1.13 1.13 1.13 1.13
k.indira 0.47 0.47 0.47 0.47 0.47
k.seemanthini 1.41 1.41 1.41 1.41 1.41
k.sridhar 0.01 0.01 0.01 0.01 0.01
k.suryanarayana 0.01 0.01 0.01 0.01 0.01
kamineni health services ... 0.23 0.23 0.23 0.23 0.23
satya sree kamineni 1.41 1.41 1.41 1.41 1.41
sri puja kamineni 1.13 1.13 1.13 1.13 1.13
sri vaishnavi makkena 1.13 1.13 1.13 1.13 1.13
united steel allied indus... 32.71 32.71 32.71 32.71 32.71
PARTICULARS Dec 2023% Mar 2024% Jun 2024% Sep 2024% Dec 2024%
investors 50.78 50.78 50.78 50.78 50.78
dhruv kakani - - 1.15 1.15 1.15
ghansham das gilada 2.04 2.04 2.04 2.04 2.04
guttikonda rajasekhar - 1.14 1.14 1.14 1.14
guttikonda vara lakshmi 1.21 2.07 2.07 2.07 2.77
investor education and pr... - - - 5.11 5.11
rajagiridhar kumar nimmag... 3.93 3.93 3.93 3.93 3.93
ranjana agrawal 1.30 1.30 1.30 1.30 1.30
srinivasulu gonuguntla 1.06 1.06 1.06 1.06 1.06
ram mohanreddy rajamreddy... 1.25 1.25 1.25 1.25 -
investor education and pr... 5.11 5.11 5.11 - -

Ratings & Research Reports

Company Presentations

Currently we do not have any Presentation and Concall related to this company.Report us

Company News

Oil Country Tubular - Quaterly Results 29 Jan, 3:14 PM Oil Country Tubular - Quaterly Results 29 Jan, 3:14 PM Oil Country Tubular - Quaterly Results 29 Jan, 3:14 PM Oil Country Tubular informs about certificate 1 Jan, 5:25 PM Oil Country Tubular informs about closure of trading window 19 Dec, 4:33 PM Oil Country Tubular informs about press release 12 Nov, 3:48 PM Oil Country Tubular - Quaterly Results 11 Nov, 4:54 PM Oil Country Tubular - Quaterly Results 11 Nov, 4:54 PM Oil Country Tubular - Quaterly Results 11 Nov, 4:54 PM Oil Country Tubular informs about board meeting 22 Oct, 2:45 PM Oil Country Tubular informs about closure of trading window 24 Sep, 11:18 AM Oil Country Tubular informs about book closure 31 Aug, 2:33 PM Oil Country Tubular informs about outcome of board meeting 31 Aug, 1:43 PM Oil Country Tubular - Quaterly Results 12 Aug, 4:41 PM Oil Country Tubular - Quaterly Results 12 Aug, 4:41 PM Oil Country Tubular - Quaterly Results 12 Aug, 4:41 PM Oil Country Tubular informs about certificate 2 Jul, 12:58 PM Oil Country Tubular - Quaterly Results 9 May, 1:22 PM Oil Country Tubular - Quaterly Results 9 May, 1:22 PM Oil Country Tubular - Quaterly Results 9 May, 1:22 PM Oil Country Tubular informs about board meeting 25 Apr, 3:14 PM Oil Country Tubular informs about certificate 5 Apr, 4:14 PM Oil Country Tubular informs about disclosure 3 Apr, 3:16 PM Oil Country Tubular informs about closure of trading window 23 Mar, 11:18 AM Oil Country Tubular - Quaterly Results 12 Feb, 12:07 PM Oil Country Tubular - Quaterly Results 12 Feb, 12:07 PM Oil Country Tubular - Quaterly Results 12 Feb, 12:07 PM Oil Country Tubular informs about trading window closure 26 Dec, 4:38 PM Oil Country Tubular informs about outcome of board meeting 9 Nov, 3:17 PM Oil Country Tubular informs about outcome of board meeting 9 Nov, 12:36 PM Oil Country Tubular informs about certificate 4 Oct, 5:17 PM Oil Country Tubular informs about press release 11 Aug, 12:22 PM Oil Country Tubular informs about outcome of board meeting 10 Aug, 4:32 PM Oil Country Tubular - Quaterly Results 10 Aug, 11:39 AM Oil Country Tubular - Quaterly Results 10 Aug, 11:39 AM Oil Country Tubular - Quaterly Results 10 Aug, 11:39 AM Oil Country Tubular informs about certificate 5 Jul, 5:05 PM Oil Country Tubular - Quaterly Results 24 May, 4:06 PM Oil Country Tubular - Quaterly Results 24 May, 4:06 PM Oil Country Tubular - Quaterly Results 24 May, 4:06 PM Oil Country Tubular informs about disclosure 18 Apr, 2:50 PM Oil Country Tubular - Quaterly Results 27 Jan, 12:00 PM Oil Country Tubular - Quaterly Results 27 Jan, 12:00 PM Oil Country Tubular - Quaterly Results 27 Oct, 3:52 PM Oil Country Tubular - Quaterly Results 27 Oct, 3:52 PM Oil Country Tubular - Quaterly Results 27 Oct, 3:52 PM Oil Country Tubular informs about annual report 29 Sep, 11:40 AM Oil Country Tubular informs about committee meeting 19 Sep, 12:13 PM Oil Country Tubular informs about board meeting 16 Sep, 4:37 PM Oil Country Tubular informs about outcome of committee meeting 23 Aug, 12:41 PM

Oil Country Tubular Stock Price Analysis and Quick Research Report. Is Oil Country Tubular an attractive stock to invest in?

Stock investing requires careful analysis of financial data to determine a company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement, which can be time-consuming and cumbersome.

Examining a company's financial ratios is an easier way to determine its performance, which can help to make sense of the overwhelming amount of information in its financial statements. 

Oil Country Tubular stock price today is Rs 72.86. Here are a few indispensable ratios that should be a part of every investor’s research process, or, in simpler words, how to analyse Oil Country Tubular . 

  • PE ratio: Price to Earnings ratio, which indicates how much an investor is willing to pay for a share for every rupee of earnings. A general rule of thumb is that shares trading at a low P/E are undervalued (it depends on other factors too). Oil Country Tubular has a PE ratio of -9.69 which is low and comparatively undervalued .

  • Share Price: - The current share price of Oil Country Tubular is Rs 72.86. One can use valuation calculators of ticker to know if Oil Country Tubular share price is undervalued or overvalued.

  • Return on Assets (ROA): - Return on Assets measures how effectively a company can earn a return on its investment in assets. In other words, ROA shows how efficiently a company can convert the money used to purchase assets into net income or profits. Oil Country Tubular has ROA of -15.26 % which is a bad sign for future performance. (higher values are always desirable)

  • Current ratio: - The current ratio measures a company's ability to pay its short-term liabilities with its short-term assets. A higher current ratio is desirable so that the company could be stable to unexpected bumps in business and economy. Oil Country Tubular has a Current ratio of 2.15 .

  • Return on equity: - ROE measures the ability of a firm to generate profits from its shareholders' investments in the company. In other words, the return on equity ratio shows how much profit each rupee of common stockholders’ equity generates. Oil Country Tubular has a ROE of 0 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. Oil Country Tubular has a Debt to Equity ratio of -3.28 which means that the company has low proportion of debt in its capital.

  • Sales growth: - Oil Country Tubular has reported revenue growth of 6,534.92 % which is fair in relation to its growth and performance. 

  • Operating Margin: - This will tell you about the operational efficiency of the company. The operating margin of Oil Country Tubular for the current financial year is 0.58 %.

  • Dividend Yield: - It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Oil Country Tubular is Rs 0 and the yield is 0 %.

  • Earnings Per Share: - It tells us how much profit is allocated to to each outstanding share of a common stock. The latest EPS of Oil Country Tubular is Rs -7.52 . The higher the EPS, the better it is for investors. 

One can find all the Financial Ratios of Oil Country Tubular in Ticker for free. Also, one can get the intrinsic value of Oil Country Tubular by using Valuation Calculators, which are available with a Finology ONE subscription. 

Last Updated on:
Brief about Oil Country Tubular

Oil Country Tubular Limited (OCTL), incorporated in the year 1985, is one of the leading companies in the world processing a range of oil country tubular goods required for the oil drilling and exploration industry.

OCTL is located near Hyderabad city and has an unique facility in the world. OCTL has earned worldwide recognition for the quality of its products and services. Innovation and technical excellence are the driving spirit behind OCTL and the overriding focus at OCTL is on the quality of its products and services.

At OCTL, the complete processing activity is concentrated in a single unique integrated plant located at Narketpally and with corporate headquarters at Hyderabad. The facilities include Upsetting, Heat Treatment, Non-Destructive Testing, Metallurgical Laboratory, Gaging and Calibration Laboratory, Tool Joint and Coupling Threading, Casing and Tubing Threading, Friction Welding of Drill Pipe, Hydrostatic Testing and Internal Plastic Coating of Tubulars.

OCTL''s wide product range covers Drill Pipe, Heavy Weight Drill Pipe, Drill Collars, Production Tubing, Casing, Tool Joints, Couplings, Pup Joints, Nipples, Subs, and Cross Overs.

OCTL''s oil field accessories include Rotary Subs, Lift Plugs and Lift Subs, Cross Overs (Drill Pipe to Drill Collar or Drill Collar to Drill Collar), Stabilizer Sleeves, Welded Blade Stabilizers & Integral Stabilizers and Cast Steel Lifting Bails.

Services include Tool Joint Hardbanding, Make and Break of Tool Joints, Internal Plastic Coating of Drill Pipe and Tubing, Reconditioning of Drill Pipe, Re-threading of Drill Pipe, Tubing and Casing, and Field Inspection of Tubulars.

OCTL can also manufacture and supply in large numbers finished Tool Joints and API Couplings for Tubing and Casing of all grades.

OCTL believes in the principles of continuous improvement which are put into practice at every level in the organization. It is OCTL''s continuous endeavor to improve the quality of its products and services to the satisfaction of its customers, by adopting the latest manufacturing practices and technical improvements.

Its integrated facility gives it the ''competitive edge'', supported by its personnel who are highly motivated, dedicated and committed to produce quality products consistently.

Product range of the company includes:

OCTL’s wide product range covers Drill Pipe, Heavy Weight Drill Pipe, Drill Collars,Production Tubing, Casing, Tool Joints, Couplings, Pup Joints, Subs, and Cross Overs.

  • Drill Pipe- OCTL offers a complete range of drill pipe with tool joints attached from 2 3/8'' OD to 5 1/2'' OD according to API Specification 7 and guidelines presented in API RP7G and Premium Specifications. Drill Pipes with 95% Remaining Body Wall and Extra Long Tool Joints and Special Grades are also offered upon Customer''s request. Plain End Pipes and Tool Joint Forgings are ordered to specific metallurgical chemistries and are matched for physical properties, welding compatibility, weld strength and product integrity.
  • OCTL DS Connection- OCTL DS (Double Shoulder) High Torque Connection substantially increases drilling safety and performance by providing higher torque capacity than standard API connections. The superior torsional strength makes OCTL DS connection ideal for use in aggressive drilling programs.
  • Heavy Weight Drill Pipe- OCTL Heavy Weight Drill Pipe consists of two extra long tool joints and one central heavy wall tube. The tool joints are friction welded to the central heavy wall tube. The tool joints are manufactured from AISI 4145 H modified material, fully heat treated to 285 _ 341 Brinell hardness and 40 ft-lbs. minimum Charpy V-notch Impact strength. All other physical properties conform to API Specification 7. The central heavy wall tube is manufactured from AISI 1340 steel or equivalent.
  • Drill Collars- OCTL Drill Collars (Slick and Spiral) are manufactured from AISI 4145 H Chromium Molybdenum Alloy Steel and are fully heat treated to a Brinell Hardness range of 285-341 BHN and have a minimum Charpy V-notch Impact strength of 40 ft-lbs. at 70° F and a minimum elongation of 13%. The mechanical properties meet or exceed API Specification 7 requirements. The physical properties are guaranteed one inch below the surface at ambient room temperature.
  • Tubing- OCTL offers the complete range of API Tubing including Integral and Threaded and Coupled, from 2 3/8'' OD to 4 ½'' OD according to API Specification 5CT and also Premium Connections.
  • Casing- OCTL offers the complete range of API Casing including Extreme Line and Threaded and Coupled, from 4 ½'' OD to 13 3/8'' OD according to API Specification 5CT and also Premium Connections.
  • Accessories- Lift Plugs, Lift Subs, Lifting Bails, Pup Joints, Rotary Subs, Sleeve Stabilizers, Tool Joints, Welded Blade Stabilizers, Couplings.
  • Services include Tool Joint Hardfacing (SmoothX®/ Super SmoothX®/ CASING PLUS®/ ARMACOR MTM/ or ARNCO 200XTTM), Make and Break of Tool Joints, Internal Plastic Coating of Drill Pipe and Tubing, Reconditioning of Drill Pipe, Re-threading of Drill Pipe, Tubing and Casing and Field Inspection.
  • Reconditioning of Drill Pipe- it involves full pipe body inspection as per the guidelines of API RP7G, inspection of Tool Joints and inspection of the critical area covering the weld zone and the internal fade out area from the Upset to the pipe body.
  • Rethreading of Drill Pipe involves machining of new connection on the damaged tool joint pin and box. Rethreading of Casing and Tubing involves inspection of the pin threads and the couplings for thread damages. The defective pins are cut off and new pin connections are machined and the damaged couplings are replaced with new couplings. The pipe is hydrostatically tested as per the API Specifications.
  • Field Inspection of Oil Country Tubular Goods as per the API Specifications and Customer requirements is part of OCTL activities.
  • Make and Break of Tool Joints- Break the joints in by making up three times to their recommended make-up torque. This option ensures proper initial make-up of tool joints which affects the life of the tool joint connections. Saves rig time.
  • Internal Plastic Coating of Drill Pipe improves the performance and life of the drill pipe.
  • Tool Joint Hardfacing- SmoothX/Super SmoothX/CASING PLUS/ARMACOR MTM/ or ARNCO 200XTTM/ TCS 8000™/ TCS Titanium™

Achievements/ Recognition

  • Oil Country Tubular Limited has been assessed and certified by the American Petroleum Institute Quality Registrar (APIQR) as being in compliance witt ISO/TS 29001 Quality System.
  • OCTL is licensed by American Petroleum Institute (API) as-Processor of Casing and Tubing: plain end, threaded and coupled, and threader as per API Specification 5CT -Processor of Drill Pipe as per API Specification 5D -Manufacturer of Rotary Drill Stem Elements as per API Specification 7

The products are manufactured to the relevant American Petroleum Institute (API) Specifications and carry API monogram:

  • API Specification 5D, certificate number 5D-0035
  • API Specification 5CT, certificate number 5CT-0243
  • API Specification 7, certificate number 7-0082
  • API Specification 7-1, certificate number 7-1-0082

X