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Oil Country Tubular (OILCOUNTUB) is loss-making over the last 12 months, losing ₹68 Cr, so a P/E ratio does not apply. Its share price on 6 Nov 2026 was ₹68.03, 23% below its 52-week high. Debt is 0.13× equity. It is a small-cap company with a market cap of ₹382 Cr, ranked 9th of 12 Oil & Gas Equipment & Services companies by market cap; the shares rose 8.2% over the past year.

As of 6 Nov 2026Prices are delayed about 15 minutes; fundamentals are from the quarter ended Jun 2026.How we calculate this

past year
Open
₹70.80
Day high
₹70.85
Day low
₹67.52
Prev. close
₹70.80
Volume
16.5K

Health check

1 fair · 5 to check
  • ReturnsIn line

    +8.2% over a year, better than 4 of 7 peers.

  • Price tagLoss-making

    Earnings were negative over the last 12 months.

  • GrowthUnder pressure

    Sales +637.8% a year over 3 years, but loss-making now.

  • ProfitabilityNegative

    ROCE -21.5% vs peer median 13.3%.

  • Balance sheetStretched

    Debt 0.13× equity, operating profit doesn’t cover interest, Piotroski 3 of 9.

  • Red flags3 to check

    Loss-making over the last twelve months.

Compared with 7 industry peers. Computed from reported figures. Educational, not a recommendation.

Oil & Gas Equipment & Services

11 listed peers. Screen the industry

Small cap

₹382 Cr, #9 of 12 in its industry by size.

Market sensitivity

Measuring against the NIFTY 50…

Key metrics

Last 12 months to Jun 2026: sales ₹63 Cr · profit ₹−68 Cr
Market cap
₹382 Cr
Small cap
P/E
n/a
Industry 28.7
Price to book
1.79
Peers 3.14
Dividend yield
0.00%
ROE
−28.7%
Peers 15.0%
ROCE
−21.5%
Peers 13.3%
Debt to equity
0.13
Debt ₹25 Cr
EPS (TTM)
−₹13.03
Face value ₹10
OPM (TTM)
−114.2%
Net margin −107.7%
Sales growth
−29.0%
Latest quarter vs a year ago
Profit growth
n/a
Year-ago quarter not reported
Price to sales
6.07
EV/EBITDA 62.4

Strengths and risks

Risks to check

  • Loss-making over the last twelve months.
  • Return on equity is low at −28.7%.
  • Quarterly sales down 29.0% on a year ago.

No standout strengths in the headline numbers.

Derived automatically from reported figures. Not a recommendation.

About Oil Country Tubular

Oil Country Tubular Limited manufactures and sells casing, tubing, and drill pipes used in the oil and gas drilling and exploration sector in India and internationally. It offers API connections, and double shoulder and high torque connections; heavy weight drill pipes; and drill collars, as well as tubing, casing, and high collapse casing products. The company also provides accessories, such as rotary subs, lift plugs and subs, lifting bails, pup joints,…

Headquarters
Hyderabad
Employees
187
Sector
Energy
ISIN
INE591A01010
Website
octlindia.com

Price range

52 weeks

₹35.65₹87.97

Today

₹67.52₹70.85
Avg volume (3M)
35.9K
1-year return
plus 8.2%
From 52-week high
minus 22.7%

Peers · Oil & Gas Equipment & Services

Capital-heavy industry columns

Compare with peersScreen the whole industry
Company
AEGISVOPAKAegis Vopak Terminals246.50plus 4.17%27,31296.344.77.9%52.6%0.9037.7%minus 13.7%
DOLPHINDolphin Offshore Enterprises (India)636.85minus 2.60%2,54833.937.413.3%44.7%0.42–plus 58.6%
ASIANENEAsian Energy Services401.65plus 0.34%1,95531.821.713.3%9.1%0.2693.4%plus 16.5%
JINDRILLJindal Drilling And Industries515.30minus 0.64%1,4937.83.813.3%21.8%0.0524.8%minus 11.3%
LIKHITHALikhitha Infrastructure211.45minus 2.47%83525.513.8–11.0%0.007.8%minus 8.8%
SOUTHWESTSouth West Pinnacle Exploration176.40minus 8.42%57613.510.822.7%20.8%0.3925.0%plus 7.2%
CRYOGENICCryogenic OGS374.45plus 4.99%53546.145.021.5%23.6%0.1422.8%plus 64.4%
OILCOUNTUBOil Country Tubular68.03minus 3.91%382–31.3−21.5%−114.2%0.13637.8%plus 8.2%
Median of 7 peers–−0.64%1,49331.821.713.3%21.8%0.2624.9%7.2%

Quarterly results

Consolidated, ₹ crore
SalesSelect a row below to chart it
₹ CrJun 25Sep 25Dec 25Mar 26Jun 26
24.6105.629.917.4
33.129.726.945.332.9
−8.5−19.7−21.3−15.5−15.5
−34.8%−196.1%−378.5%−51.8%−88.8%
0.50.50.20.60.4
0.30.40.20.20.2
−8.4−19.6−21.2−15.1−15.2
−4.8%−9.8%17.7%9.5%0.9%
−8.8−21.6−17.5−13.6−15.1
-1.85-4.15-3.36-2.62-2.90

Profit & loss

Yearly, ₹ crore
Sales CAGR 3Y
+637.8%
ROE
−28.7%
Net profitSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
0.218.212370.1
–+10364.4%+573.8%minus 43.0%
−3.818.57363.8
4−0.249.96.3
2290.4%−1.3%40.6%9.0%
1241.8−40
11.965.51.1
29.971.669.669.6
0.1−0.5–−0
86−76.5−29.1−64.4
−21.7%7.9%−9.5%4.5%
105−70.4−31.9−61.5
23.63-15.91-7.10-12.01

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore
Total assetsSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
44.344.347.852
206150184145
65.990.244.824.9
18114210691.5
497427382314
452376307244
–––1.6
0.30.31.80.6
0.33.113.58.1
43.847.960.259.8
497427382314

Cash flow

Yearly, ₹ crore
Cash from operationsSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
169−1930.5−4.2
02.1−0−4.9
−16918.4−18.73.7
0.11.511.7−5.4
−0.2−0−0.5−5.9
169−1930−10.1

Shareholding pattern

Source: NSE filings
47.2%
promoters
  • Promoters47.23%
  • Public52.77%
  • As of 30 Sep 2026
QuarterSplitPromotersPublicPromoter change
30 Sep 202647.23%52.77%0.00
30 Jun 202647.23%52.77%minus 3.94
18 Jun 202651.17%48.83%plus 3.94
31 Mar 202647.23%52.77%0.00
31 Dec 202547.23%52.77%–

Major shareholders

NSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you