Oil Country Tubular Limited (OILCOUNTUB) AI Stock Analysis

• Market Cap: ₹3.64B
• Dividend Yield: N/A
• Average Volume (3M): 7.32K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.24
• Revenue Growth: 184.61%
• EPS Growth: 46.92%
• Country: IN
• Employees: N/A
• Sector: Energy
• Sector Strength: 52
• Industry: Oil & Gas Equipment & Services
• EPS (TTM): -1.69
• Shares Outstanding: 51,989,530
• 10 Day Avg. Volume: 13,061
• 30 Day Avg. Volume: 7,321
• 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

• Rating: 45 Neutral
• Price Target: ₹76.00 ▲(8.57% Upside)

The overall stock score reflects a company in recovery, with improving financial performance but ongoing challenges in profitability and high leverage. Technical indicators suggest bearish momentum, and valuation metrics highlight potential overvaluation concerns.

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, casing, and high collapse casing products. It also provides accessories, such as rotary subs, lift plugs and subs, lifting bails, pup joints, sleeve stabilizers, tool joints, welded blade stabilizers, and couplings, as well as drill rods. In addition, the company offers services comprising tool joint hardfacing, tool joints make and break, internal plastic coating of drill pipe and tubing, drill pipe reconditioning, drill pipe re-threading, tubing and casing, and field inspection. Oil Country Tubular Limited was incorporated in 1985 and is headquartered in Hyderabad, India. Oil Country Tubular Limited is in Corporate Insolvency Resolution Process under the Insolvency and Bankruptcy Code 2016.

How the Company Makes Money

OILCOUNTUB makes money primarily through the manufacturing and sale of its oil country tubular goods (OCTG), including seamless and welded pipes. These products are crucial for the oil and gas industry's drilling and extraction processes. The company's revenue streams are largely derived from contracts and orders placed by exploration and production companies, drilling contractors, and other stakeholders in the oil and gas sector. Additionally, OILCOUNTUB may engage in strategic partnerships and collaborations that enhance its market reach and product offerings. The company's earnings are influenced by factors such as global oil demand, fluctuations in oil prices, and advancements in drilling technology, which can drive the need for their products.

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, though high leverage remains a concern. Positive cash flows support operational sustainability, but ongoing net losses and high debt levels need addressing.

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	216.22M	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: Neutral
• 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 below the 20-day moving average (MA) of 71.96, below the 50-day MA of 77.83, and below the 200-day MA of 77.50, indicating a bearish trend. The MACD of -2.34 indicates Negative momentum. The RSI at 36.78 is Neutral, neither overbought nor oversold. The STOCH value of 19.40 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	―	₹4.18B	23.32	―	0.54%	35.81%	71.41%
Sector *	―	$15.17B	7.61	4.09%	5.20%	3.87%	-62.32%
UNIDT	―	₹4.15B	30.43	―	0.59%	-10.46%	6.55%
AAKASH	―	―	―	―	―	-3.90%	-81.42%
DEEPINDS	―	₹30.64B	17.44	―	0.64%	45.21%	-152.68%
OILCOUNTUB	―	₹3.64B	―	―	―	184.61%	46.92%