Oil Country Tubular Ltd.

NSE: OILCOUNTUB · Oil Equipment & Services · sector

₹70.90NSE close 2026-10-26

Key numbers

Market cap₹398 cr

Price₹70.90

52w high / low₹88 / ₹36

P/E–Sector median 26.1x

P/B2.0xSector median 2.1x

Book value₹35.1

Dividend yield–Sector median 0.46%

ROE-30.3%Sector median 4.7%

ROCE-31.6%Sector median 6.6%

OPM-4.9%Sector median 14.0%

Debt / equity0.13xSector median 0.10x

EV/EBITDA–Sector median 20.2x

Interest cover-78.3x

Current ratio3.67x

Sales growth 3y+534.1%Sector median +65.4%

Profit growth 3y–Sector median -4.7%

PEG–

Last 12 months to Jun 2026, Standalone. "Sector median" = middle value of 5 companies in Oil Equipment & Services (P/E median leaves out loss-making companies). Tap ? for what a number means.

Things to know

Cash ₹15 cr vs borrowings ₹25 cr (FY26): borrowings are higher by ₹10 cr.
Operating profit covered interest -78.3x in the last 12 months.
No promoter shares are pledged.
Promoter holding fell by 9.50 percentage points in a year, to 47.23% (2026-09-30).
Operating cash flow was below net profit in 0 of the last 5 years.
Net loss in 7 of the last 8 quarters.
Revenue was higher than a year earlier in 0 of the last 4 quarters.
Debtor days went from 0 (FY24) to 65 (FY26).
No dividend in the last 5 financial years.
Price ₹70.90 on 2026-10-26: -19.4% from the 52-week high, +98.9% from the 52-week low.

Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.

Charts

Weekly close · high ₹93.16 · low ₹36.97

Quarterly results

₹ cr	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Revenue	22	41	34	25	10	6	30	17
EBITDA	7	17	12	9	-2	-4	2	1
OPM %	30.0%	40.8%	35.9%	35.8%	-23.0%	-69.8%	6.8%	6.4%
Other income	1	1	1	0	0	0	1	0
Net profit	-13	2	-11	-9	-22	-15	-14	-15
EPS (₹)	-2.97	0.37	-2.35	-1.85	-4.15	-3.36	-2.62	-2.90
Revenue YoY					-55.1%	-86.4%	-13.0%	-29.0%
Profit YoY					–	-998.2%	–	–

Standalone figures where filed. Latest quarter Jun 2026.

Profit & loss (yearly)

₹ cr	FY22	FY23	FY24	FY25	FY26	TTM
Revenue	0	0	18	123	70	63
EBITDA	-7	-14	-0	43	5	-3
Net profit	-51	105	-70	-32	-61	-65
EPS (₹)	-11.52	23.63	-15.91	-7.10	-12.01	-13.03
Revenue growth		–	+6,655.6%	+573.8%	-43.0%	-48.6%
Profit growth		–	-167.3%	–	–	–
Dividend / share (₹)	–	–	–	–	–

Compounded growth	3 years	5 years	Last 12 months
Sales	+534.1%	+99.4%	-48.6%
Net profit	–	–	–
EPS	–	–	–
Share price	–	+19.7% (2y)	+6.2%

Balance sheet

₹ cr	FY22	FY23	FY24	FY25	FY26
Shareholders' equity	–	250	195	231	197
Borrowings	–	66	90	45	25
Cash & equivalents	–	0	3	19	15
Total assets	–	497	427	382	314
Fixed assets	–	452	376	307	242
Capital work in progress	–	0	0	0	1
Investments	–	0	0	0	0
Receivables	–	0	0	19	12
Inventory	–	39	41	31	35
Payables	–	4	3	1	2

Year-end figures from the March annual filing.

Cash flow

₹ cr	FY22	FY23	FY24	FY25	FY26
Cash from operations	-27	169	-19	30	-4
Cash from investing	0	0	2	-0	-5
Cash from financing	27	-169	18	-19	4
Capex	0	0	0	1	6
Free cash flow	-27	169	-19	30	-10

Free cash flow = cash from operations − capex.

Ratios by year

₹ cr	FY22	FY23	FY24	FY25	FY26
ROE %	–	41.9%	-36.2%	-13.8%	-31.1%
ROCE %	–	31.0%	-24.7%	-8.5%	-28.5%
Debtor days	–	0	0	57	65
Inventory days	–	82,250	33,603	696	599
Payable days	–	8,036	2,729	28	29
Cash conversion cycle (days)	–	74,214	30,874	725	635
Working capital days	–	5,536	543	113	261

Shareholding

Holder	% (2026-09-30)
Promoters	47.23%
FIIs	0.01%
DIIs	0.10%
of which Mutual funds	0.05%
Government	0.00%
Public (non-institutions)	52.66%

Quarter	May 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Jun 2026	Sep 2026
Promoters %	56.74%	56.74%	56.73%	47.23%	47.23%	51.17%	47.23%	47.23%

Promoter group	%
United Steel Allied Industries PVT Ltd	23.13%
Kamineni Hospitals Private Ltd	10.05%
K Gayatri Devi	1.29%
K Barghavi	1.29%
Kamineni Seemanthini	1.20%
Satya Sree Kamineni	1.20%
B.ushashree	1.20%
SRI Vaishnavi Makkena	0.96%
Kamineni Siva Surya Teja	0.96%
K SAI Surya Kiran	0.96%
K Indira Devi	0.96%
B SRI Pavani	0.96%
B SRI Aditya	0.96%
SRI Puja Kamineni	0.96%
Dr.k.vasundhara	0.54%

Public holders above 1%	%
Vivek Mundra	8.60%
Investor Education and Protection Fund	4.33%
Guttikonda Vara Lakshmi	3.22%
Rajagiridhar Kumar Nimmag	2.45%
Guttikonda Rajasekhar	1.87%
Ghansham DAS Gilada	1.74%

29,302 shareholders. Pledged: 0.00% of promoter shares.

Peers in Oil Equipment & Services

Company	Market cap	P/E	P/B	ROE	ROCE	OPM	Sales 3y	Div yield
DEEPINDS	₹4,283 cr	20.8x	2.1x	10.8%	8.7%	17.9%	+37.7%	0.46%
ASIANENE	₹1,942 cr	31.4x	3.9x	12.9%	13.5%	10.2%	+93.0%	0.23%
OILCOUNTUB	₹398 cr	–	2.0x	-30.3%	-31.6%	-4.9%	+534.1%	–
DHPIND	₹146 cr	13.1x	0.6x	4.7%	6.6%	24.3%	-12.8%	0.82%
DUKEOFS	₹109 cr	46.0x	26.1x	-13.0%	-13.5%	–	–	–

All 5 companies in Oil Equipment & Services →

Business segments (FY26)

Segment	Revenue	Share	EBIT	Margin
DRILL PIPE AND ALLIED PRODCUTS	₹51 cr	72.3%	₹-47 cr	-92.7%
OCTG SERVICES	₹19 cr	27.7%	₹-18 cr	-92.7%
OCTG SALES	₹0 cr	–	₹0 cr	–
OTHER SALES AND SERVICES	₹0 cr	–	₹0 cr	–

Dividends & corporate actions

Ex-date	Action	Detail
2024-09-23	Other	Annual General Meeting
2023-07-06	Other	Annual General Meeting
2022-09-21	Other	Annual General Meeting
2020-09-21	Other	Annual General Meeting
2019-09-19	Other	Annual General Meeting
2018-08-06	Other	Annual General Meeting
2017-08-03	Other	Annual General Meeting
2016-08-25	Other	Annual General Meeting
2015-05-28	Other	Annual General Meeting
2014-05-29	Dividend	Annual General Meeting / Dividend - Rs 2/- Per Share
2013-05-23	Dividend	Annual General Meeting / Final Dividend Rs.2/- Per Equity Share
2012-05-24	Dividend	Annual General Meeting And Dividend Rs.2/- Per Share
2011-05-19	Dividend	Dividend-Rs.2/- Per Share
2010-05-20	Dividend	Dividend-Rs.2/- Per Share
2009-05-14	Other	Agm/Div-Rs.1.50 Per Share
2008-07-15	Other	Annual General Meeting
2007-08-17	Other	Agm
2006-07-03	Other	Agm
2005-08-12	Other	Agm

Documents

Links go to the original files on the exchange website.

About the company


Sector	Energy
Industry	Oil Equipment & Services
Sub-industry	Oil Equipment & Services
Symbol	OILCOUNTUB
BSE code	500313
ISIN	INE591A01010
Face value	₹10.0
Incorporated	–
Website	–
Plants (India / abroad)	–

Data built 2026-10-23 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.