Oil Country Tubular Limited (OILCOUNTUB) AI Stock Analysis

• Market Cap: ₹3.32B
• Dividend Yield: N/A
• Average Volume (3M): 7.87K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.20
• Revenue Growth: 70.45%
• EPS Growth: 35.56%
• Country: IN
• Employees: N/A
• Sector: Energy
• Sector Strength: 52
• Industry: Oil & Gas Equipment & Services
• EPS (TTM): -4.15
• Shares Outstanding: 51,989,530
• 10 Day Avg. Volume: 3,634
• 30 Day Avg. Volume: 7,873
• PEG Ratio: 0.19
• Price to Book (P/B): 1.47
• Price to Sales (P/S): 2.77
• P/FCF Ratio: 11.37
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 43 Neutral
• Price Target: ₹64.00 ▼(-8.57% Downside)

The overall stock score of 43 reflects significant challenges in financial performance and valuation. While there are improvements in revenue and cash flow, high leverage and ongoing net losses weigh heavily. Technical indicators suggest bearish momentum, and poor valuation metrics further impact the score. The absence of earnings call and corporate events data limits additional insights.

Positive Factors

Revenue Growth

Significant revenue growth indicates strong demand for products and successful market penetration, supporting long-term business expansion.

Cash Flow Improvement

Positive cash flow trends enhance the company's ability to fund operations and invest in growth opportunities, ensuring financial stability.

Gross Profit Margin

Improved gross margins reflect better cost management and operational efficiency, contributing to potential profitability and competitive advantage.

Negative Factors

High Leverage

Reliance on debt financing can strain resources and limit flexibility, posing risks to long-term financial health and operational resilience.

Net Losses

Ongoing net losses highlight challenges in achieving profitability, which can impact sustainability and investor confidence over time.

Equity Position

While improving, the equity position requires further strengthening to ensure financial stability and support long-term strategic initiatives.

Oil Country Tubular Limited Business Overview & Revenue Model

Company Description

Oil Country Tubular Limited (OILCOUNTUB) is a leading manufacturer and supplier of tubular products for the oil and gas industry, specializing in the production of seamless and welded pipe products. The company serves various sectors, including energy, construction, and industrial markets, providing high-quality products that meet stringent industry standards. OILCOUNTUB's core offerings include a wide range of oil country tubular goods (OCTG), line pipe, and other related products designed to support exploration, drilling, and production operations.

How the Company Makes Money

OILCOUNTUB generates revenue primarily through the sale of its tubular products to oil and gas companies, construction firms, and other industrial clients. The company's revenue model relies on bulk orders and long-term contracts with major industry players, ensuring a steady cash flow. Key revenue streams include the manufacture and distribution of OCTG, which are essential for drilling operations, as well as line pipes used for transporting oil and gas. Additionally, OILCOUNTUB may engage in strategic partnerships with oilfield service companies and other manufacturers to expand its market reach and enhance its product offerings, contributing to its overall earnings. The company also benefits from market demand fluctuations in the energy sector, which can influence pricing and sales volumes.

Oil Country Tubular Limited Financial Statement Overview

Summary

Oil Country Tubular Limited is showing signs of recovery with improvements in revenue and gross profit margins. The balance sheet is stabilizing with a better equity position, but high leverage remains a concern. Positive cash flows support operational sustainability, yet the company needs to focus on reducing losses and managing debt for long-term health.

Income Statement

Oil Country Tubular Limited shows a mixed income statement performance. The company experienced a significant revenue growth from 2024 to 2025, but it still operates at a net loss. The gross profit margin improved drastically, reaching a positive territory in 2025, which indicates better cost management. However, the negative net profit margin highlights ongoing challenges in achieving overall profitability.

Balance Sheet

The balance sheet shows a high debt-to-equity ratio, which poses a financial risk as the company relies heavily on debt financing. However, the equity position improved significantly from 2024 to 2025, suggesting a strengthening financial position. The equity ratio is improving but still needs further enhancement to ensure financial stability.

Cash Flow

The cash flow statement reflects a positive trend with improving operating cash flow and free cash flow turning positive in 2025. The company has managed to generate cash from operations, which is crucial for sustaining business operations, although free cash flow as a ratio of net income indicates inefficiency due to net losses.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	1.22B	1.23B	182.39M	2.75M	0.00	21.47M
Gross Profit	389.92M	882.90M	-710.29M	-313.69M	-193.83M	-207.18M
EBITDA	389.57M	431.50M	10.77M	1.28B	-45.56M	-88.74M
Net Income	-308.60M	-318.61M	-704.48M	1.05B	-513.23M	-508.76M
Balance Sheet
Total Assets	0.00	3.82B	4.27B	4.97B	2.45B	2.27B
Cash, Cash Equivalents and Short-Term Investments	192.47M	192.47M	17.33M	2.75M	1.40M	270.00K
Total Debt	0.00	447.86M	902.39M	658.86M	2.23B	1.71B
Total Liabilities	-2.31B	1.51B	2.32B	2.47B	3.71B	3.02B
Stockholders Equity	2.31B	2.31B	1.95B	2.50B	-1.26B	-747.94M
Cash Flow
Free Cash Flow	0.00	299.58M	-189.97M	1.69B	-267.08M	-262.78M
Operating Cash Flow	0.00	304.94M	-189.87M	1.69B	-267.08M	-262.78M
Investing Cash Flow	0.00	-357.00K	20.89M	14.00K	322.00K	2.23M
Financing Cash Flow	0.00	-187.28M	183.67M	-1.69B	267.89M	260.53M

Oil Country Tubular Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 70.00
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Positive
• STOCH: Positive

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 70 is above the 20-day moving average (MA) of 64.72, below the 50-day MA of 70.27, and below the 200-day MA of 76.79, indicating a bearish trend. The MACD of -2.41 indicates Negative momentum. The RSI at 29.19 is Positive, neither overbought nor oversold. The STOCH value of 16.04 is Positive, 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

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SOUTHWEST	71 Outperform	₹5.55B	21.49	―	0.39%	56.33%	160.76%
Sector *	65 Neutral	$15.17B	7.61	4.09%	5.20%	3.87%	-62.32%
UNIDT	65 Neutral	₹3.98B	26.11	―	0.90%	-15.39%	8.75%
AAKASH	55 Neutral	―	―	―	―	-3.89%	-74.11%
DEEPINDS	52 Neutral	₹31.77B	-46.49	―	0.65%	55.21%	-128.34%
OILCOUNTUB	43 Neutral	₹3.32B	―	―	―	70.45%	35.56%

Oil Country Tubular Limited Corporate Events

Oil Country Tubular Limited Corrects Financial Results for Q2 2025

Oil Country Tubular Limited announced corrections to its unaudited financial results for the quarter and half-year ended September 30, 2025. The corrections addressed typographical errors in reported figures for reserves and segment-wise revenue, which have been updated to reflect accurate financial data. These revisions are crucial for stakeholders to assess the company’s financial health accurately.