Oil Country

Why is Oil Country Tubular Ltd falling/rising?

As of 01-Sep, Oil Country Tubular Ltd's stock price is rising to Rs 67.45, up 5.0%, driven by strong recent performance and increased investor interest, including a 3.94% rise in promoter stake. Despite challenges in long-term fundamentals, the stock shows a strong upward trend, outperforming its sector.

As of 01-Sep, Oil Country Tubular Ltd's stock price is rising, currently at Rs 67.45, reflecting a change of 3.21 (5.0%) upward. This increase can be attributed to several factors. The stock has outperformed its sector by 4.7% today and has shown a consecutive gain over the last three days, with a total return of 14.59% during this period. Additionally, it opened with a significant gain of 3.83% today and reached an intraday high of Rs 67.45.<BR><BR>The stock is also trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend. Furthermore, there has been a notable increase in investor participation, with delivery volume rising by 596.45% compared to the 5-day average. This heightened activity suggests growing interest and confidence among investors.<BR><BR>Another positive factor is the rising promoter confidence, as promoters have increased their stake in the company by 3.94% over the previous quarter, now holding 51.17% of the company. This increase in ownership is often interpreted as a sign of confidence in the company's future prospects.<BR><BR>Despite these positive indicators, it is important to note that the company has faced challenges, including weak long-term fundamental strength and negative financial results over the past few quarters. However, the current momentum in stock price is primarily driven by recent performance metrics and increased investor engagement.

Which are the latest news on Oil Country?

Who are in the management team of Oil Country?

The management team of Oil Country includes K Suryanarayana (Executive Chairman), Sridhar Kamineni (Managing Director), and several independent directors: Sunil Tandon, Uma T, and Vijayarama Raju, along with Sudhir Kumar Palo (Company Secretary & Compliance Officer) and Dinakar Vemulapalli (Director).

The management team of Oil Country includes the following individuals:<BR><BR>1. K Suryanarayana - Executive Chairman<BR>2. Sridhar Kamineni - Managing Director<BR>3. Sunil Tandon - Independent Director<BR>4. Uma T - Independent Director<BR>5. Sudhir Kumar Palo - Company Secretary & Compliance Officer<BR>6. Vijayarama Raju - Independent Director<BR>7. Dinakar Vemulapalli - Director<BR><BR>If you have any more questions about the company or its operations, feel free to ask!

What does Oil Country do?

Oil Country Tubular Ltd produces casing, tubing, and drill pipe for the oil and gas sector and operates in the micro-cap market. As of June 2026, it reported net sales of 17 Cr and a net profit of -15 Cr, with a market cap of INR 333 Cr.

Overview:<BR>Oil Country Tubular Ltd is engaged in the production of casing, tubing, and drill pipe for the oil and gas sector, operating within the micro-cap market.<BR><BR>History:<BR>Incorporated in February 1985, Oil Country Tubular Ltd has established itself as a leading company in its field since its integrated facility was set up in 1989. The latest quarterly results reported net sales and net profit for June 2026.<BR><BR>Financial Snapshot:<BR>Net Sales: 17 Cr (Quarterly Results - Jun 2026) <BR>Net Profit: -15 Cr (Quarterly Results - Jun 2026) <BR>Market Cap: INR 333 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: N/A <BR>Industry P/E: 25 <BR>Dividend Yield: 0.00% <BR>Debt Equity: 0.05 <BR>Return on Equity: -34.34% <BR>Price to Book: 1.63 <BR><BR>Contact Details:<BR>Address: 9 Kanchanjunga, King Kothi Road Hyderabad Telangana : 500001 <BR>Tel: 91-40-24785555 <BR>Email: demat@octlindia.com <BR>Website: http://www.octlindia.com

Who are the peers of the Oil Country?

Peers of Oil Country include Jindal Drilling, Guj. Nat. Resour., Ganesh Benzopl., Rajasthan Securi, GP Petroleums, Alphageo (India), DHP India, Resgen, and Aban Offshore. Oil Country has below average management and growth risks, with a 1-year return of -20.34%, better than Aban Offshore but worse than Guj. Nat. Resour. at 49.98%.

Peers: The peers of Oil Country are Jindal Drilling, Guj.Nat.Resour., Ganesh Benzopl., Rajasthan Securi, GP Petroleums, Alphageo (India), DHP India, Resgen, and Aban Offshore.<BR><BR>Quality Snapshot: Excellent management risk is observed at DHP India, while Average management risk is found at Jindal Drilling, Ganesh Benzopl., Rajasthan Securi, GP Petroleums, and the rest. Below Average management risk is noted for Guj.Nat.Resour., Oil Country, Alphageo (India). In terms of Growth, Excellent growth is seen at Guj.Nat.Resour. and Rajasthan Securi, while Good growth is observed at Jindal Drilling and the rest. Below Average growth is reported for Oil Country, Ganesh Benzopl., GP Petroleums, Alphageo (India), DHP India, and the rest. For Capital Structure, Excellent capital structure is noted at Jindal Drilling, Ganesh Benzopl., Rajasthan Securi, GP Petroleums, and DHP India, while Good capital structure is found at Alphageo (India). Below Average capital structure is seen at Oil Country, Guj.Nat.Resour., and the rest.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Guj.Nat.Resour. at 49.98%, while the peer with the lowest is Aban Offshore at -68.64%. Oil Country's 1-year return of -20.34% is better than Aban Offshore's but worse than Guj.Nat.Resour. Additionally, DHP India, Resgen, and Aban Offshore have negative six-month returns.

How big is Oil Country?

As of 31st August, Oil Country Tubular Ltd has a market capitalization of 333.00 Cr and reported net sales of 62.97 Cr with a net loss of 67.79 Cr over the last four quarters.

As of 31st August, <BR><BR>Market Cap: Oil Country Tubular Ltd has a market capitalization of 333.00 Cr, categorizing it as a Micro Cap company.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 62.97 Cr, while the sum of Net Profit for the same period reflects a loss of 67.79 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period for the balance sheet is March 2026. Shareholder's Funds are valued at 197.42 Cr, and Total Assets amount to 313.77 Cr.

Should I buy, sell or hold Oil Country Tubular Ltd?

Are Oil Country Tubular Ltd latest results good or bad?

Oil Country Tubular Ltd's latest results are concerning, showing a net profit decline of 71.50% year-on-year and a revenue drop of 29.02%. With four consecutive quarters of losses totaling over ₹66 crores, the company faces significant operational challenges and a negative outlook for its financial health.

The latest results for Oil Country Tubular Ltd are concerning and indicate a significant decline in financial performance. In Q1 FY27, the company reported a net profit of -₹15.11 crores, which is a 71.50% decrease year-on-year. Revenue also fell sharply to ₹17.44 crores, down 29.02% compared to the same quarter last year and a staggering 41.59% from the previous quarter.<BR><BR>The operating margin has collapsed to 6.42%, down from 35.78% a year ago, reflecting severe operational challenges and inefficiencies. Additionally, the company has experienced four consecutive quarters of losses totaling over ₹66 crores, raising serious concerns about its financial health and sustainability.<BR><BR>Overall, these results suggest that Oil Country Tubular is facing significant operational distress and challenges in maintaining profitability, which paints a negative picture for the company's future prospects.

When is the next results date for Oil Country Tubular Ltd?

The next results date for Oil Country Tubular Ltd is July 30, 2026.

The next results date for Oil Country Tubular Ltd is scheduled for July 30, 2026.

How has been the historical performance of Oil Country?

Oil Country's historical performance shows a significant recovery in net sales and operating income, reaching 122.90 Cr in March 2025, while operating profit improved to 43.15 Cr. However, the company still reported negative profit before tax at -29.10 Cr and profit after tax at -31.86 Cr, despite a positive cash flow from operations of 30.00 Cr.

Answer:<BR>The historical performance of Oil Country shows significant fluctuations in financial metrics over the years, with a notable increase in net sales in March 2025 reaching 122.90 Cr, up from just 18.24 Cr in March 2024 and 0.27 Cr in March 2023. Total operating income followed a similar trend, rising to 122.90 Cr in March 2025 from 18.24 Cr in the previous year. However, the company faced challenges with total expenditure, which increased to 79.75 Cr in March 2025 from 18.13 Cr in March 2024. Operating profit, excluding other income, improved to 43.15 Cr in March 2025, a significant recovery from a loss of 14.10 Cr in March 2023. Despite this, the profit before tax remained negative at -29.10 Cr in March 2025, although it was an improvement from -76.47 Cr in March 2024. The profit after tax also showed a loss of -31.86 Cr in March 2025, compared to -70.45 Cr in March 2024. The company's total liabilities decreased to 382.01 Cr in March 2025 from 426.90 Cr in March 2024, while total assets also declined to 382.01 Cr from 496.63 Cr in the previous year. Cash flow from operating activities turned positive at 30.00 Cr in March 2025, contrasting with a negative cash flow of -18.00 Cr in March 2024.<BR><BR>Breakdown:<BR>Oil Country's financial performance has shown a remarkable increase in net sales, which surged to 122.90 Cr in March 2025 from a mere 0.27 Cr in March 2023, indicating a strong recovery. Total operating income mirrored this growth, reaching 122.90 Cr in March 2025. However, the company faced rising total expenditures, which climbed to 79.75 Cr in March 2025. Operating profit also saw a significant improvement, moving to 43.15 Cr in March 2025 from a loss of 14.10 Cr in March 2023. Despite these gains, the profit before tax remained negative at -29.10 Cr, though it was an improvement from -76.47 Cr in the previous year. The profit after tax also reflected a loss of -31.86 Cr in March 2025. On the balance sheet, total liabilities decreased to 382.01 Cr, while total assets fell to the same figure, indicating a tightening of the company's financial position. Cash flow from operating activities turned positive at 30.00 Cr, contrasting with the previous year's negative cash flow, suggesting improved operational efficiency.

Who are the top shareholders of the Oil Country?

The top shareholders of Oil Country include United Steel Allied Industries Private Limited, which holds 42.68%, and individual investors with 36.53%. The highest public shareholder is Rajagiridhar Kumar Nimmagadda at 3.14%, while institutional holdings are minimal.

The top shareholders of Oil Country include the promoters, who hold a significant majority of the shares. The promoter with the highest holding is United Steel Allied Industries Private Limited, which owns 42.68% of the company. Additionally, individual investors collectively hold 36.53% of the shares. <BR><BR>In terms of institutional holdings, there are five mutual fund schemes that hold a small percentage (0.05%), and two foreign institutional investors (FIIs) that hold 0.07%. The highest public shareholder is Rajagiridhar Kumar Nimmagadda, with a holding of 3.14%. <BR><BR>Overall, the promoter group has a strong presence in the company's shareholding structure.

Is Oil Country overvalued or undervalued?

As of April 25, 2023, Oil Country is rated as risky and overvalued with a PE ratio of -11.92, an EV to EBITDA of 9.39, and a ROE of -13.77%, despite its 112.70% one-year stock return outpacing the Sensex's 7.61%, indicating speculative interest amid financial challenges.

As of 25 April 2023, the valuation grade for Oil Country has moved from does not qualify to risky. The company is currently considered overvalued. Key ratios include a PE ratio of -11.92, an EV to EBITDA of 9.39, and a ROE of -13.77%. <BR><BR>In comparison with peers, JSW Steel has a PE of 64.98 and Tata Steel boasts a PE of 51.92, highlighting the significant disparity in valuation metrics. Additionally, Oil Country's recent stock performance has outpaced the Sensex, with a 1-year return of 112.70% compared to the Sensex's 7.61%, which may suggest a speculative interest despite its underlying financial challenges.

What is the technical trend for Oil Country?

As of March 26, 2025, the technical outlook for Oil Country is mildly bullish, supported by daily moving averages and Bollinger Bands, despite some mixed signals from indicators like the weekly MACD and KST.

As of 26 March 2025, the technical trend for Oil Country has changed from bullish to mildly bullish. The weekly MACD indicates a mildly bearish stance, while the monthly MACD remains bullish. The daily moving averages are bullish, supporting the mildly bullish outlook. Bollinger Bands are bullish on both weekly and monthly time frames. Dow Theory shows a mildly bullish trend on both weekly and monthly levels. However, the weekly KST and OBV are mildly bearish, which adds some caution to the overall assessment. The current price of 76.06 is below the previous close of 79.40, indicating some short-term weakness. Overall, the technical stance is mildly bullish, driven primarily by the daily moving averages and Bollinger Bands, despite some mixed signals from other indicators.

Has Oil Country declared dividend?

Yes, Oil Country Tubular Ltd has declared a 20% dividend, amounting to $2.00 per share, with an ex-date of May 29, 2014; however, the dividend yield is 0%. Despite this, the company has shown significant price appreciation, resulting in total returns of up to 1610.53% over five years.

Oil Country Tubular Ltd has declared a 20% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 20%<BR>- Amount per share: 2.0000<BR>- Ex-date: May-29-2014<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>In the 6-month period, the price return was 23.32%, the dividend return was 0%, resulting in a total return of 23.32%.<BR><BR>In the 1-year period, the price return was 119.72%, the dividend return was 0%, leading to a total return of 119.72%.<BR><BR>Over the 2-year period, the price return reached 362.36%, with a dividend return of 0%, culminating in a total return of 362.36%.<BR><BR>In the 3-year period, the price return was 831.9%, the dividend return remained at 0%, resulting in a total return of 831.9%.<BR><BR>For the 4-year period, the price return was 1040.35%, with a dividend return of 0%, giving a total return of 1040.35%.<BR><BR>In the 5-year period, the price return soared to 1610.53%, while the dividend return was 0%, resulting in a total return of 1610.53%.<BR><BR>Overall, Oil Country Tubular Ltd has declared a dividend, but the dividend yield remains at 0%. The total returns over various periods indicate significant price appreciation, suggesting strong performance despite the lack of ongoing dividend income.