Oil Country Tubular Limited (IN:OILCOUNTUB)
:OILCOUNTUB
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Oil Country Tubular Limited
(OILCOUNTUB)
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Rating:47Neutral
Price Target:
₹36.00
▼(-40.05% Downside)
Action:ReiteratedDate:03/18/26
The score is held back primarily by weak technicals (price below all key moving averages with negative MACD) and a loss-making profile (negative P/E), despite improving fundamentals such as better gross margins and positive operating/free cash flow.
Positive Factors
Improving gross margin
A material improvement in gross margin indicates the company has started to control direct costs or improve pricing power. Sustainably higher gross margins support long-term operating leverage, enabling profitability as fixed costs are absorbed and reducing vulnerability to input cost swings.
Negative Factors
Ongoing net losses
Persistent net losses signal the company has not yet converted operational improvements into bottom-line profitability. Over months this limits retained earnings accumulation, constrains reinvestment capacity, and keeps pressure on cash conversion metrics despite positive operating cash flow.
Read all positive and negative factors
Positive Factors
Negative Factors
Improving gross margin
A material improvement in gross margin indicates the company has started to control direct costs or improve pricing power. Sustainably higher gross margins support long-term operating leverage, enabling profitability as fixed costs are absorbed and reducing vulnerability to input cost swings.
Read all positive factors
Oil Country Tubular Limited (OILCOUNTUB) vs. iShares MSCI India ETF (INDA)
Market Cap
₹2.27B
Dividend YieldN/A
Average Volume (3M)7.87K
Price to Earnings (P/E)―
Beta (1Y)1.39
Revenue Growth70.45%
EPS Growth35.56%
CountryIN
Employees166
SectorEnergy
Sector Strength52
IndustryOil & Gas Equipment & Services
Share Statistics
EPS (TTM)-3.36
Shares Outstanding51,989,530
10 Day Avg. Volume3,634
30 Day Avg. Volume7,873
Financial Highlights & Ratios
PEG Ratio0.19
Price to Book (P/B)1.47
Price to Sales (P/S)2.77
P/FCF Ratio11.37
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Oil Country Tubular Limited Business Overview & Revenue Model
Company Description
Oil Country Tubular Limited manufactures and sells casing, tubing, and drill pipes used in the oil drilling and exploration industry in India and internationally. The company offers heavy weight drill pipes and drill collars, as well as tubing, ca...
How the Company Makes Money
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Oil Country Tubular Limited Financial Statement Overview
Summary
Income Statement
45
Neutral
Balance Sheet
50
Neutral
Cash Flow
55
Neutral
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 1.10B | 1.23B | 182.39M | 2.75M | 0.00 | 21.47M |
| Gross Profit | 312.29M | 882.90M | -710.29M | -313.69M | -193.83M | -207.18M |
| EBITDA | 292.47M | 431.50M | 10.77M | 1.28B | -45.56M | -88.74M |
| Net Income | -392.70M | -318.61M | -704.48M | 1.05B | -513.23M | -508.76M |
Balance Sheet | ||||||
| Total Assets | 3.45B | 3.82B | 4.27B | 4.97B | 2.45B | 2.27B |
| Cash, Cash Equivalents and Short-Term Investments | 311.38M | 192.47M | 17.33M | 2.75M | 1.40M | 270.00K |
| Total Debt | 248.77M | 447.86M | 902.39M | 658.86M | 2.23B | 1.71B |
| Total Liabilities | 1.26B | 1.51B | 2.32B | 2.47B | 3.71B | 3.02B |
| Stockholders Equity | 2.19B | 2.31B | 1.95B | 2.50B | -1.26B | -747.94M |
Cash Flow | ||||||
| Free Cash Flow | 96.39M | 299.58M | -189.97M | 1.69B | -267.08M | -262.78M |
| Operating Cash Flow | 137.03M | 304.94M | -189.87M | 1.69B | -267.08M | -262.78M |
| Investing Cash Flow | -33.52M | -357.00K | 20.89M | 14.00K | 322.00K | 2.23M |
| Financing Cash Flow | 40.69M | -187.28M | 183.67M | -1.69B | 267.89M | 260.53M |
Oil Country Tubular Limited Technical Analysis
Negative
60.05
Price Trends
45.18
Negative
53.25
Negative
67.22
Negative
Market Momentum
-1.45
Negative
52.87
Neutral
81.87
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:OILCOUNTUB, the sentiment is Negative. The current price of 60.05 is above the 20-day moving average (MA) of 41.03, above the 50-day MA of 45.18, and below the 200-day MA of 67.22, indicating a neutral trend. The MACD of -1.45 indicates Negative momentum. The RSI at 52.87 is Neutral, neither overbought nor oversold. The STOCH value of 81.87 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:OILCOUNTUB.
Oil Country Tubular Limited Peers Comparison
UnderperformOutperform
Sector (65)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
71 Outperform | ₹6.85B | 15.59 | ― | 0.40% | 56.33% | 160.76% | |
70 Outperform | ₹4.30B | 18.85 | ― | 0.89% | -15.39% | 8.75% | |
65 Neutral | $15.17B | 7.61 | 4.09% | 5.20% | 3.87% | -62.32% | |
52 Neutral | ₹1.44B | -6.12 | ― | 3.53% | ― | ― | |
52 Neutral | ₹28.21B | 10.83 | ― | 0.67% | 55.21% | -128.34% | |
47 Neutral | ₹2.27B | -4.55 | ― | ― | 70.45% | 35.56% | |
45 Neutral | ₹364.50M | 27.49 | ― | ― | -3.89% | -74.11% |
* Energy Sector Average
IN:OILCOUNTUB
Oil Country Tubular Limited
43.73
-26.77
-37.97%
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Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.