Oil Country Tubular

₹41.5 1.5 | 3.8%

WEBSITE BSE:500313 NSE : OIL COUNTRY 18 May, 12:50

Market Cap ₹184 Cr.

Stock P/E -2.9

P/B -2.8

Current Price ₹41.5

Book Value ₹ -14.9

Face Value 10

52W High ₹59.2

Dividend Yield 0%

52W Low ₹ 14.1

Edit Ratio

Oil Country Tubular Research see more...

Overview Inc. Year: 1985Industry: Steel & Iron Products

Oil Country Tubular Limited (OCTL) is a Hyderabad-based company that processes and supplies various types of oil country tubular goods and drilling products for the oil drilling and exploration industry. OCTL was incorporated in 1985 and is listed on the Bombay Stock Exchange and the National Stock Exchange of India. OCTL has a state-of-the-art manufacturing facility with an annual capacity of 120,000 metric tons and a quality management system. OCTL also provides various oil field services and accessories, such as tool joint hardfacing, reconditioning of drill pipe, and API and premium connections.Some of the major clients of OCTL are Oil and Natural Gas Corporation (ONGC), Oil India Limited (OIL), Indian Oil Corporation Limited (IOCL), Bharat Petroleum Corporation Limited (BPCL), Hindustan Petroleum Corporation Limited (HPCL), Reliance Industries Limited (RIL), Essar Oil Limited, Cairn India Limited, and GAIL (India) Limited.

Oil Country Tubular Share Price

New

Volume

Price

Price: NSE50 DMA200 DMAVolume

Quarterly Price

Quarterly Monthly

Show Value Show %

Peer Comparison

Oil Country Tubular Quarterly Results

#(Fig in Cr.)	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Net Sales	0	0	0	0	0	0	0	1	6	11
Other Income	0	0	0	139	2	1	0	0	0	1
Total Income	0	0	0	139	2	1	1	1	6	12
Total Expenditure	1	3	3	4	5	3	3	3	4	8
Operating Profit	-1	-3	-3	135	-3	-1	-2	-3	2	4
Interest	6	6	6	3	0	2	1	1	2	2
Depreciation	5	5	5	5	5	16	18	13	23	18
Exceptional Income / Expenses	0	0	0	0	0	0	0	0	0	-0
Profit Before Tax	-13	-14	-14	128	-8	-19	-21	-17	-22	-16
Provision for Tax	0	0	0	-13	0	-6	-3	-2	-6	-1
Profit After Tax	-13	-14	-14	141	-8	-14	-19	-15	-16	-15
Adjustments	0	0	0	0	0	0	0	-0	0	-0
Profit After Adjustments	-13	-14	-14	141	-8	-14	-19	-15	-16	-15
Adjusted Earnings Per Share	-2.9	-3.1	-3.2	31.8	-1.8	-3.1	-4.2	-3.3	-3.6	-3.3

Oil Country Tubular Profit & Loss

#(Fig in Cr.)	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	TTM
Net Sales	503	359	260	152	7	11	25	11	2	0	0	18
Other Income	2	1	4	12	5	1	3	2	3	0	142	1
Total Income	505	360	264	164	13	11	28	13	5	0	142	20
Total Expenditure	408	305	229	136	25	25	76	35	14	7	14	18
Operating Profit	97	55	34	28	-12	-14	-48	-22	-9	-7	128	1
Interest	17	16	16	17	18	20	15	19	22	25	12	6
Depreciation	17	20	22	23	22	22	21	21	20	19	30	72
Exceptional Income / Expenses	0	0	0	0	-52	0	0	0	0	0	0	0
Profit Before Tax	62	19	-4	-12	-105	-55	-85	-62	-51	-51	86	-76
Provision for Tax	26	8	-2	-6	-15	-18	-2	0	0	0	-19	-12
Profit After Tax	36	10	-2	-7	-89	-37	-83	-62	-51	-51	105	-65
Adjustments	0	0	0	0	0	0	0	0	0	0	271	0
Profit After Adjustments	36	10	-2	-7	-89	-37	-83	-62	-50	-51	376	-65
Adjusted Earnings Per Share	8.1	2.4	-0.5	-1.5	-20.2	-8.4	-18.7	-14	-11.5	-11.6	23.6	-14.4

Growth Rates

#	1 Year	3 Year	5 Year	10 Year
Sales CAGR	0%	-100%	-100%	-100%
Operating Profit CAGR	0%	0%	0%	3%
PAT CAGR	0%	0%	0%	11%

#	1 Year	3 Year	5 Year	10 Year
Share Price CAGR	174%	76%	28%	-1%
ROE Average	0%	0%	-235%	-112%
ROCE Average	130%	24%	1%	-1%

Oil Country Tubular Balance Sheet

#(Fig in Cr.)	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Shareholder's Funds	252	252	248	241	157	120	38	-24	-75	-126	250
Minority's Interest	0	0	0	0	0	0	0	0	0	0	0
Borrowings	54	29	0	0	0	0	3	3	38	81	66
Other Non-Current Liabilities	42	46	44	38	21	23	72	79	76	80	141
Total Current Liabilities	226	245	194	158	178	193	149	165	189	211	39
Total Liabilities	574	571	486	437	356	337	262	222	227	245	497
Fixed Assets	278	283	280	259	237	216	195	174	154	134	452
Other Non-Current Assets	75	72	59	58	6	10	3	3	2	2	1
Total Current Assets	222	217	147	120	113	111	64	45	71	109	44
Total Assets	574	571	486	437	356	337	262	222	227	245	497

Oil Country Tubular Cash Flow

#(Fig in Cr.)	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Opening Cash & Cash Equivalents	11	23	10	9	1	1	0	3	0	0	0
Cash Flow from Operating Activities	97	62	52	1	8	38	20	12	-26	-27	169
Cash Flow from Investing Activities	-41	-23	-8	-2	0	-0	0	0	0	0	0
Cash Flow from Financing Activities	-37	-36	-39	0	-8	-38	-17	-15	26	27	-169
Net Cash Inflow / Outflow	19	3	5	-1	-1	-0	3	-3	-0	0	0
Closing Cash & Cash Equivalent	23	10	9	5	1	0	3	0	0	0	0

Oil Country Tubular Ratios

#	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Earnings Per Share (Rs)	8.11	2.35	-0.47	-1.49	-20.19	-8.35	-18.74	-14.03	-11.49	-11.59	23.63
CEPS(Rs)	12	6.88	4.46	3.76	-15.21	-3.47	-13.92	-9.28	-6.87	-7.21	30.38
DPS(Rs)	2	2	0	0	0	0	0	0	0	0	0
Book NAV/Share(Rs)	56.62	56.63	55.8	54.31	35.32	26.96	8.3	-5.67	-17.07	-28.71	-2.48
Core EBITDA Margin(%)	18.84	15.02	11.77	10.47	-237.86	-136.8	-199.91	-220.54	-518.29	0	-5129.54
EBIT Margin(%)	15.78	9.69	4.82	3.15	-1171.26	-334.02	-273.36	-391.98	-1313.5	0	0
Pre Tax Margin(%)	12.32	5.15	-1.43	-8.18	-1419.11	-517.7	-333.58	-560.42	-2286.24	0	0
PAT Margin (%)	7.14	2.9	-0.8	-4.32	-1211.72	-346.58	-326.98	-562.37	-2286.24	0	0
Cash Profit Margin (%)	10.55	8.48	7.59	10.89	-912.57	-143.87	-242.81	-371.88	-1366.76	0	0
ROA(%)	6.08	1.82	-0.4	-1.43	-22.55	-10.67	-27.69	-25.65	-22.64	-21.74	28.24
ROE(%)	15.1	4.15	-0.84	-2.71	-45.06	-26.82	-106.31	-1068.19	0	0	0
ROCE(%)	16.73	7.42	2.92	1.25	-25.86	-13.23	-34.79	-33.83	-30.05	-27.81	129.94
Receivable days	46.56	57.57	53.83	23.37	68.47	39.53	14.23	17.34	176.96	0	0
Inventory Days	113.03	134.33	171.29	253.46	4988.82	3361.2	1056	1429.66	5575.64	0	0
Payable days	62.71	82.01	123.57	132.78	1810.87	1190.2	92.06	199.63	686.14	0	7413.18
PER(x)	5.19	17.3	0	0	0	0	0	0	0	0	0.59
Price/Book(x)	0.74	0.72	0.54	0.45	1.3	1.19	1.78	-0.55	-0.34	-0.32	-5.64
Dividend Yield(%)	4.75	4.91	0	0	0	0	0	0	0	0	0
EV/Net Sales(x)	0.77	1.07	1.06	1.53	45.64	24.68	7.11	12.31	88.08	0	464.27
EV/Core EBITDA(x)	4.03	6.97	7.99	8.31	-27.7	-18.61	-3.76	-6.11	-22.35	-36.24	1
Net Sales Growth(%)	4.87	-28.68	-27.54	-41.49	-95.15	43.14	140.29	-56.48	-79.86	-100	0
EBIT Growth(%)	16.84	-56.17	-63.95	-61.66	-1896.08	58.77	-94.69	37.59	32.5	8.79	467.25
PAT Growth(%)	-6.11	-71.01	-120.06	-215.79	-1255.48	58.65	-124.43	25.15	18.11	-0.88	303.95
EPS Growth(%)	-6.11	-71.01	-120.05	-215.81	-1255.48	58.65	-124.44	25.15	18.11	-0.88	303.95
Debt/Equity(x)	0.9	0.85	0.61	0.54	0.9	1.02	3.28	-4.93	-2.27	-1.75	-5.99
Current Ratio(x)	0.98	0.88	0.76	0.76	0.63	0.57	0.43	0.27	0.38	0.52	1.11
Quick Ratio(x)	0.41	0.33	0.2	0.1	0.08	0.06	0.11	0.04	0.22	0.38	0.12
Interest Cover(x)	4.56	2.14	0.77	0.28	-4.73	-1.82	-4.54	-2.33	-1.35	-1.08	8.21
Total Debt/Mcap(x)	1.21	1.18	1.11	1.22	0.69	0.86	1.84	8.93	6.73	5.41	1.06

Oil Country Tubular Shareholding Pattern

#	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Promoter	49.22	49.22	49.22	49.22	49.22	49.22	49.22	49.22	49.22	49.22
FII	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01
DII	0.12	0.12	0.12	0.12	0.12	0.12	0.12	0.12	0.12	0.12
Public	50.65	50.65	50.65	50.65	50.65	50.65	50.65	50.65	50.65	50.65
Others	0	0	0	0	0	0	0	0	0	0
Total	100	100	100	100	100	100	100	100	100	100

#	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Promoter	2.18	2.18	2.18	2.18	2.18	2.18	2.18	2.18	2.18	2.18
FII	0	0	0	0	0	0	0	0	0	0
DII	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01
Public	2.24	2.24	2.24	2.24	2.24	2.24	2.24	2.24	2.24	2.24
Others	0	0	0	0	0	0	0	0	0	0
Total	4.43	4.43	4.43	4.43	4.43	4.43	4.43	4.43	4.43	4.43

Pros

Stock is trading at -2.8 times its book value
Company has reduced debt.
Company is almost debt free.

Cons

Promoter holding is low: 49.22%.
Company has a low return on equity of 0% over the last 3 years.
Debtor days have increased from 0 to 7413.18days.
Earnings include an other income of Rs. 142 Cr.

* 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.

Oil Country Tubular News

Top Unlisted Companies & InstaBuy Companies

Sell or Purchase Share (Tentative Price)

Current Price: 49/-

Electrosteel Steel Ltd

IPO

Companies	Open Date	Close Date	Issue Price	Cost of 1 Lot	GMP	Expected Listing	Listing Gain(%)	Listing Price	Current Price	Type	Exchange

Companies	Open Date	Close Date	Issue Price	Cost of 1 Lot	GMP	Expected Listing	Listing Gain(%)	Listing Price	Current Price	Type	Exchange

Companies	Open Date	Close Date	Issue Price	Cost of 1 Lot	GMP	Expected Listing	Listing Gain(%)	Listing Price	Current Price	Type	Exchange

Companies	Open Date	Close Date	Issue Price	Cost of 1 Lot	GMP	Expected Listing	Listing Gain(%)	Listing Price	Current Price	Type	Exchange

Companies	Open Date	Close Date	Issue Price	Cost of 1 Lot	GMP	Expected Listing	Listing Gain(%)	Listing Price	Current Price	Type	Exchange

Oil Country Tubular

Add Watchlist

Oil Country Tubular Research see more...

Overview Inc. Year: 1985Industry: Steel & Iron Products

Oil Country Tubular Share Price

Alert Data

Quarterly Price

Peer Comparison

Oil Country Tubular Quarterly Results

Oil Country Tubular Profit & Loss

Growth Rates

Oil Country Tubular Balance Sheet

Oil Country Tubular Cash Flow

Oil Country Tubular Ratios

Oil Country Tubular Shareholding Pattern

Oil Country Tubular News

Top Unlisted Companies & InstaBuy Companies

Electrosteel Steel Ltd

IPO

Stocx: India's #1 Marketplace to Find Your Winning Stock

Please Login!

Error!