Pipan Oils Ltd
Pipan Oils Ltd is transitioning from discontinued trading activities towards upstream oil-and-gas operations. Commercial operations had not commenced as of Q1FY27.
- Market Cap ₹ 321 Cr.
- Current Price ₹ 183
- High / Low ₹ 183 / 90.2
- Stock P/E
- Book Value ₹ 0.11
- Dividend Yield 0.00 %
- ROCE -38.7 %
- ROE %
- Face Value ₹ 2.00
Pros
- Company has reduced debt.
Cons
- Stock is trading at 1,607 times its book value
- Company has low interest coverage ratio.
- Company might be capitalizing the interest cost
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Services Services Commercial Services & Supplies Trading & Distributors
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2.09 | 2.14 | 1.74 | 2.03 | 1.92 | 0.00 | 2.14 | 3.60 | 0.59 | 0.01 | 0.00 | 0.00 | 0.00 | |
| 2.16 | 2.25 | 1.69 | 2.02 | 1.92 | 0.01 | 5.18 | 3.90 | 0.83 | 0.32 | 0.19 | 0.86 | 1.53 | |
| Operating Profit | -0.07 | -0.11 | 0.05 | 0.01 | 0.00 | -0.01 | -3.04 | -0.30 | -0.24 | -0.31 | -0.19 | -0.86 | -1.53 |
| OPM % | -3.35% | -5.14% | 2.87% | 0.49% | 0.00% | -142.06% | -8.33% | -40.68% | -3,100.00% | ||||
| 0.14 | 0.17 | 0.00 | 0.01 | 0.01 | 0.00 | 3.10 | 0.06 | -4.08 | 0.00 | 0.12 | -1.21 | -1.21 | |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.08 | 0.00 | 0.08 | 0.02 | 0.12 | 0.00 | 0.00 |
| Depreciation | 0.04 | 0.02 | 0.02 | 0.00 | 0.00 | 0.00 | 0.00 | 0.03 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 0.03 | 0.04 | 0.03 | 0.02 | 0.01 | -0.01 | -0.02 | -0.27 | -4.41 | -0.33 | -0.19 | -2.07 | -2.74 |
| Tax % | 33.33% | 100.00% | 33.33% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | |
| 0.02 | 0.00 | 0.02 | 0.01 | 0.01 | -0.01 | -0.02 | -0.28 | -4.41 | -0.33 | -0.19 | -2.07 | -2.74 | |
| EPS in Rs | 0.01 | 0.00 | 0.01 | 0.01 | 0.01 | -0.01 | -0.01 | -0.16 | -2.48 | -0.19 | -0.38 | -1.18 | -1.55 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | % |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | -705% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 169% |
| 3 Years: | 570% |
| 1 Year: | 104% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | % |
Balance Sheet
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 3.55 | 3.55 | 3.55 | 3.55 | 3.55 | 3.55 | 3.55 | 3.55 | 3.55 | 0.11 | 1.01 | 3.51 |
| Reserves | 0.07 | 0.07 | 0.09 | 0.10 | 0.12 | 0.11 | 0.09 | -0.19 | -4.60 | -1.10 | -1.29 | -3.31 |
| 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.26 | 6.29 | 2.90 | 4.27 | 3.64 | 0.89 | |
| 2.33 | 2.42 | 2.67 | 2.14 | 2.18 | 2.18 | 6.35 | 11.11 | 0.28 | 0.06 | 0.14 | 0.05 | |
| Total Liabilities | 5.95 | 6.04 | 6.31 | 5.79 | 5.85 | 5.84 | 10.25 | 20.76 | 2.13 | 3.34 | 3.50 | 1.14 |
| 0.01 | 0.00 | 0.00 | 0.01 | 0.00 | 0.00 | 0.03 | 0.22 | 0.01 | 0.00 | 0.00 | 0.00 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.80 | 0.80 | 0.80 | 0.80 | 0.80 | 0.80 | 1.00 | 4.91 | 0.80 | 0.80 | 0.80 | 0.17 |
| 5.14 | 5.24 | 5.51 | 4.98 | 5.05 | 5.04 | 9.22 | 15.63 | 1.32 | 2.54 | 2.70 | 0.97 | |
| Total Assets | 5.95 | 6.04 | 6.31 | 5.79 | 5.85 | 5.84 | 10.25 | 20.76 | 2.13 | 3.34 | 3.50 | 1.14 |
Cash Flows
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0.19 | -0.28 | 0.24 | 0.24 | 0.12 | -0.16 | 4.13 | 3.31 | -10.39 | -2.44 | -0.37 | -0.72 | |
| 0.00 | 0.00 | 0.00 | 0.00 | -0.19 | 0.02 | -0.22 | -4.15 | 13.85 | 0.01 | 0.00 | 0.00 | |
| 0.00 | 0.00 | 0.00 | 0.00 | -0.09 | 0.00 | -3.87 | 0.71 | -3.47 | 2.48 | 0.32 | 0.87 | |
| Net Cash Flow | 0.19 | -0.28 | 0.24 | 0.24 | -0.17 | -0.14 | 0.04 | -0.13 | 0.00 | 0.05 | -0.05 | 0.16 |
| Free Cash Flow | 0.19 | -0.28 | 0.24 | 0.24 | 0.12 | -0.16 | 4.10 | 3.08 | -10.18 | -2.43 | -0.37 | -0.72 |
| CFO/OP | -343% | 245% | 500% | 2,500% | 1,600% | -136% | -1,103% | 4,329% | 787% | 195% | 84% |
Ratios
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 689.83 | 670.30 | 904.11 | 704.83 | 745.21 | 535.56 | 137.89 | 74.24 | 44,895.00 | |||
| Inventory Days | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 39.79 | 31.21 | 0.00 | 0.00 | |||
| Days Payable | 1,053.48 | 683.87 | ||||||||||
| Cash Conversion Cycle | 689.83 | 670.30 | 904.11 | 704.83 | 745.21 | -478.14 | -514.77 | 74.24 | 44,895.00 | |||
| Working Capital Days | 293.40 | 266.07 | 350.32 | 321.85 | 330.78 | -412.76 | -604.28 | -74.24 | 44,165.00 | |||
| ROCE % | 0.83% | 1.10% | 0.83% | 0.55% | 0.27% | -0.27% | 1.59% | -4.58% | -4.35% | -12.09% | -2.11% | -38.74% |
Insights
In beta| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2024 | |
|---|---|---|---|---|---|---|---|---|
| Number of Board Meetings meetings |
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| Total Equity Shares Outstanding (Paid-up) shares |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
- We herewith submit the newspaper clippings showcasing the extracts of unaudited financial results of the Company for the Quarter ended June 30, 2026.
- Financial Results For The Quarter Ended June 30, 2026
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Board Meeting Outcome for Outcome Of The Board Meeting Held Today On Friday, 14Th August 2026 For Transacting The Agendas As Annexed Herewith.
- Board approved Q1 FY2027 unaudited standalone results on 14 August 2026.
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Board Meeting Intimation for Under Regulation 29 Of SEBI (LODR) Regulations, 2015
- Board meeting on 14 Aug 2026 to approve Q1 FY2027 unaudited results; trading window reopens 48 hours after publication.
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Intimation Regarding Receipt Of No- Objection From Exchange For Reclassification Application
- BSE approved reclassification of Raconteur Granite Limited from promoter to public, holding 5,00,000 shares.
Annual reports
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Annual Report 2025
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Annual Report 2024
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Annual Report 2022
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Annual Report 2021
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Annual Report 2020
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Annual Report 2019
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Annual Report 2018
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Annual Report 2017
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Annual Report 2016
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Annual Report 2015
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Annual Report 2014
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Annual Report 2013
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Annual Report 2012
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Annual Report 2011
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Business transition:[1]
The company historically traded cloth, clothing, fabrics, ceramic utensils and pottery products.
CIRP commenced in January 2023, and NCLT approved Raconteur Granite Ltd.’s resolution plan on February 29, 2024.
The plan contemplated acquiring the company as a going concern and infusing ~₹5.43 crore towards creditor payments, working capital and business development.[2] [3]