Oil Country Tubular Ltd
₹ 68.0
-0.16%
22 May
9:32 a.m.
About
Incorporated in 1985, Oil Country Tubular
Ltd manufactures Casing, Tubing and Drill
Pipe[1]
Key Points
- Market Cap ₹ 325 Cr.
- Current Price ₹ 68.0
- High / Low ₹ 101 / 32.8
- Stock P/E
- Book Value ₹ 48.4
- Dividend Yield 0.00 %
- ROCE -8.41 %
- ROE -15.0 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company's working capital requirements have reduced from 3,088 days to 136 days
Cons
- Company has low interest coverage ratio.
- Company has a low return on equity of 0.55% over last 3 years.
- Promoters have pledged 66.5% of their holding.
- Debtor days have increased from 28.7 to 57.1 days.
* 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
Sector: Steel Industry: Steel - Medium / Small
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Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
359 | 260 | 152 | 7 | 11 | 25 | 11 | 2 | 0 | 0 | 18 | 123 | |
305 | 229 | 136 | 25 | 25 | 76 | 35 | 14 | 7 | 14 | 21 | 80 | |
Operating Profit | 54 | 31 | 16 | -18 | -15 | -51 | -24 | -12 | -7 | -14 | -2 | 43 |
OPM % | 15% | 12% | 11% | -241% | -138% | -200% | -221% | -517% | -5,226% | -14% | 35% | |
1 | 3 | 12 | -47 | 1 | 3 | 2 | 3 | 0 | 142 | 4 | 3 | |
Interest | 16 | 16 | 17 | 18 | 20 | 15 | 19 | 22 | 25 | 12 | 6 | 6 |
Depreciation | 20 | 22 | 23 | 22 | 22 | 21 | 21 | 20 | 19 | 30 | 72 | 70 |
Profit before tax | 19 | -4 | -12 | -105 | -55 | -85 | -62 | -51 | -51 | 86 | -76 | -29 |
Tax % | 44% | -44% | -47% | -15% | -33% | -2% | 0% | 0% | 0% | -22% | -8% | 9% |
10 | -2 | -7 | -89 | -37 | -83 | -62 | -51 | -51 | 105 | -70 | -32 | |
EPS in Rs | 2.35 | -0.47 | -1.49 | -20.19 | -8.35 | -18.74 | -14.03 | -11.49 | -11.59 | 23.64 | -15.91 | -6.66 |
Dividend Payout % | 85% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | -7% |
5 Years: | 62% |
3 Years: | % |
TTM: | 574% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 8% |
3 Years: | 11% |
TTM: | 54% |
Stock Price CAGR | |
---|---|
10 Years: | 7% |
5 Years: | 76% |
3 Years: | 103% |
1 Year: | 72% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 1% |
Last Year: | -15% |
Balance Sheet
Figures in Rs. Crores
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 44 | 44 | 44 | 44 | 44 | 44 | 44 | 44 | 44 | 44 | 44 | 48 |
Reserves | 207 | 204 | 197 | 113 | 76 | -7 | -69 | -119 | -171 | 206 | 150 | 184 |
212 | 150 | 131 | 141 | 122 | 121 | 124 | 171 | 223 | 66 | 90 | 45 | |
108 | 88 | 65 | 58 | 97 | 107 | 130 | 143 | 160 | 183 | 144 | 106 | |
Total Liabilities | 571 | 486 | 437 | 356 | 339 | 265 | 229 | 239 | 257 | 499 | 429 | 382 |
283 | 280 | 259 | 237 | 216 | 195 | 174 | 154 | 134 | 452 | 376 | 307 | |
CWIP | 12 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments | 52 | 52 | 52 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
224 | 153 | 126 | 119 | 123 | 70 | 55 | 86 | 122 | 47 | 54 | 75 | |
Total Assets | 571 | 486 | 437 | 356 | 339 | 265 | 229 | 239 | 257 | 499 | 429 | 382 |
Cash Flows
Figures in Rs. Crores
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
62 | 52 | 1 | 8 | 38 | 20 | 12 | -26 | -27 | 169 | -19 | 30 | |
-39 | -13 | -7 | 0 | -0 | 0 | 0 | 0 | 0 | 0 | 2 | -0 | |
-36 | -39 | 0 | -8 | -38 | -17 | -15 | 26 | 27 | -169 | 18 | -19 | |
Net Cash Flow | -13 | -0 | -6 | -1 | -0 | 3 | -3 | 0 | 0 | 0 | 1 | 12 |
Ratios
Figures in Rs. Crores
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 60 | 25 | 4 | 57 | 40 | 12 | 8 | 313 | 0 | 0 | 57 | |
Inventory Days | 290 | 361 | 499 | 6,904 | 4,921 | 338 | 1,879 | 9,271 | 88,824 | 695 | ||
Days Payable | 89 | 107 | 112 | 2,023 | 993 | 47 | 113 | 757 | 8,159 | 28 | ||
Cash Conversion Cycle | 260 | 279 | 390 | 4,938 | 3,969 | 303 | 1,774 | 8,826 | 80,665 | 0 | 725 | |
Working Capital Days | 118 | 91 | 210 | 3,402 | 1,332 | 424 | 212 | 4,532 | 8,598 | 531 | 136 | |
ROCE % | 7% | 3% | 1% | -10% | -13% | -35% | -34% | -30% | -28% | 47% | -23% | -8% |
Documents
Announcements
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 12 May
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
9 May - Publication of Financial Results for the quarter and year ended 31.03.25 in Financial Express and Nava Telangana Newspapers.
-
Compliances-Reg.24(A)-Annual Secretarial Compliance
8 May - Oil Country Tubular submits SEBI Secretarial Compliance Report FY 2024-25 with no non-compliances.
-
Announcement under Regulation 30 (LODR)-Resignation of Company Secretary / Compliance Officer
8 May - Q4 & FY25 audited loss reported; new secretarial auditor appointed; company secretary resigned; 41.5L shares allotted on OCPS conversion.
-
Integrated Filing (Financial)
8 May - Q4 & FY25 audited loss reported; new secretarial auditor appointed; company secretary resigned; 41.5L equity shares allotted on OCPS conversion.
Annual reports
-
Financial Year 2024
from bse
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Financial Year 2023
from bse
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Financial Year 2022
from bse
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Financial Year 2021
from bse
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Financial Year 2020
from bse
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Financial Year 2019
from bse
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Financial Year 2018
from bse
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Financial Year 2017
from bse
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Financial Year 2016
from bse
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Financial Year 2015
from bse
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Financial Year 2014
from bse
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Financial Year 2013
from bse
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Financial Year 2012
from bse
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Financial Year 2011
from bse
-
Financial Year 2010
from nse
Business Overview:[1][2]
OCTL is a part of Kamineni Group. It is an ISO 9001:2015 Quality System and American Petroleum Institute (API) Specifications certified processor of Oil Country Tubular Goods and Drilling Products required for the Oil & Gas Drilling, Exploration and Production Industry