Oil Country Tubular
- Market cap
- ₹ 380 Cr.
- P/E
- 0.8x
- P/B
- 1.96x
- 52-week range
- 35.65 – 87.97
- ROE
- −29%
- ROCE
- −25%
- Dividend yield
- 0%
- Debt / equity
- 0.13
- Sector
- Oil
- Industry
- Oil Equipment & Services
- Listed on
- NSE, BSE
About
Oil Country Tubular Limited is primarily engaged in the business of manufacturing of casing, tubing and drill pipe which are primarily used in the oil and gas sector for the drilling and exploration of oil and gas. Its segments include Drill Pipe and Allied Products, oil country tubular goods (OCTG) Sales, OCTG Services, and Other Sales and Services. Its product range covers drill pipe, heavyweight drill pipe, drill collars, production tubing, casing, tool joints, couplings, pup joints, subs, and cross-overs. Its drill pipe product range includes double shoulder tool joint connections and high torque connections. Its products under accessories include rotary subs, lift plugs and lift subs, lifting bails, pup joints, sleeve stabilizers, tool joints, couplings, and welded blade stabilizers. Its services include make and break of tool joints, internal plastic coating of drill pipe and tubing, reconditioning of drill pipe, re-threading of drill pipe and others.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Oil Equipment & Services: 6 companies →Oil Country Tubular against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)0.8 against a typical 16.5: cheaper than most peers (1st = cheapest).1st of 6
- Sales growth−32% against a typical +24.6% from a year earlier.4th of 4
- Share price, 3 months+26.1% against a typical +15.7%.3rd of 6
- Size₹ 379.5 Cr. market value against a typical ₹ 260 Cr. (1st = largest).3rd of 6
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 30 Jul 2026 | Financial Results/Other business matters | To consider and approve the financial results for the period ended Jun 30, 2026 and other business matters |
| 21 May 2026 | Financial Results/Other business matters | To consider and approve the financial results for the period ended March 31, 2026 and other business matters |
| 12 Feb 2026 | Financial Results | To consider and approve the financial results for the period ended December 31, 2025 |
| 30 Oct 2025 | Financial Results/Other business matters | To consider and approve the financial results for the period ended September 30, 2025 and other business matters |
| 7 Aug 2025 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2025 |
| 8 May 2025 | Financial Results/Other business matters | To consider and approve the financial results for the period ended March 31, 2025 and other business matters |
Financials
Standalone figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1 | 6 | 11 | 25 | 22 | 41 | 34 | 25 | 10 | 6 | 30 | 17 |
| Expenses | 3 | 4 | 8 | 18 | 16 | 24 | 22 | 16 | 12 | 10 | 28 | 16 |
| Operating Profit | −3 | 2 | 3 | 7 | 7 | 17 | 12 | 9 | −2 | −4 | 2 | 1 |
| OPM % | −357% | 32% | 30% | 29% | 30% | 41% | 36% | 36% | −23% | −70% | 7% | 6% |
| Other Income | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 0 | 0 | 0 | 1 | 0 |
| Interest | 1 | 2 | 2 | 2 | 2 | 2 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 13 | 23 | 18 | 15 | 16 | 14 | 25 | 17 | 17 | 17 | 18 | 17 |
| Profit before tax | −17 | −22 | −16 | −9 | −10 | 2 | −12 | −8 | −20 | −21 | −15 | −15 |
| Tax % | −12% | −27% | −9% | 10% | 32% | 2% | −12% | 5% | 10% | −18% | −10% | −1% |
| Net Profit | −15 | −16 | −15 | −10 | −13 | 2 | −11 | −9 | −22 | −17 | −14 | −15 |
| EPS in Rs | −3.35 | −3.65 | −3.31 | −2.21 | −2.97 | 0.37 | −2.2 | −1.69 | −4.15 | −3.36 | −2.62 | −2.91 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- −7%
- 5 Years
- 99%
- 3 Years
- 538%
- TTM
- −49%
- 10 Years
- —
- 5 Years
- −5%
- 3 Years
- —
- TTM
- −120%
- 10 Years
- 8%
- 5 Years
- 55%
- 3 Years
- 42%
- TTM
- —
- 10 Years
- —
- 5 Years
- —
- 3 Years
- −25%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Oil Country Tubular | ₹ 71.89 | ₹ 380 Cr. | 0.8x | 2x | −29% | — |
| Aegis Logistics | ₹ 1,254.50 | ₹ 44,033 Cr. | 52.7x | 7.8x | 16.8% | 13.3% |
| Man Industries (India) | ₹ 743.00 | ₹ 5,557 Cr. | 22.4x | 1.9x | 9.2% | 4.8% |
| Deep Industries | ₹ 674.10 | ₹ 4,314 Cr. | 9.7x | 1.5x | 9.4% | 22.1% |
| Asian Energy Services | ₹ 395.00 | ₹ 1,919 Cr. | 27.6x | 3.2x | 11.5% | 6.6% |
| Dolphin Offshore Enterprises (India) | ₹ 550.30 | ₹ 2,228 Cr. | 22x | 4.3x | 21.9% | 58.9% |
Management
- Kamineni Suryanarayana
- Executive Chairman of the Board and Managing Director
- Ramamuni Reddy Jampanapalle
- Chief Financial Officer
- Suryawanshi Vaibhav Suryakant
- Company Secretary and Compliance Officer
- Paruchuri Dheeraj Chowdary
- Whole Time Director
Prices are delayed and for information only. Nothing on this page is investment advice.