Oil Country Tubular Limited manufactures and sells drill pipes and allied products, and oil country tubular goods and related services for the oil drilling and exploration industry in India and internationally. More Details
Slightly overvalued with imperfect balance sheet.
Share Price & News
How has Oil Country Tubular's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: OILCOUNTUB has not had significant price volatility in the past 3 months.
7 Day Return
IN Energy Services
1 Year Return
IN Energy Services
Return vs Industry: OILCOUNTUB underperformed the Indian Energy Services industry which returned 14% over the past year.
Return vs Market: OILCOUNTUB underperformed the Indian Market which returned 2.8% over the past year.
Price Volatility Vs. Market
How volatile is Oil Country Tubular's share price compared to the market and industry in the last 5 years?
Simply Wall St News
4 months ago | Simply Wall StImagine Owning Oil Country Tubular (NSE:OILCOUNTUB) And Trying To Stomach The 89% Share Price Drop
5 months ago | Simply Wall StHow Much Of Oil Country Tubular Limited (NSE:OILCOUNTUB) Do Insiders Own?
6 months ago | Simply Wall StDoes Oil Country Tubular Limited's (NSE:OILCOUNTUB) CEO Pay Compare Well With Peers?
Is Oil Country Tubular undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: OILCOUNTUB (₹3.9) is trading below our estimate of fair value (₹15.77)
Significantly Below Fair Value: OILCOUNTUB is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: OILCOUNTUB is unprofitable, so we can't compare its PE Ratio to the IN Energy Services industry average.
PE vs Market: OILCOUNTUB is unprofitable, so we can't compare its PE Ratio to the Indian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate OILCOUNTUB's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: OILCOUNTUB has negative assets, so we can't compare its PB Ratio to the IN Energy Services industry average.
How is Oil Country Tubular forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Energy industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Oil Country Tubular has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
- Take a look at our analysis of OILCOUNTUB’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- Oil Country Tubular competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Energy industry.
How has Oil Country Tubular performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: OILCOUNTUB is currently unprofitable.
Growing Profit Margin: OILCOUNTUB is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: OILCOUNTUB is unprofitable, and losses have increased over the past 5 years at a rate of 28% per year.
Accelerating Growth: Unable to compare OILCOUNTUB's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: OILCOUNTUB is unprofitable, making it difficult to compare its past year earnings growth to the Energy Services industry (7%).
Return on Equity
High ROE: OILCOUNTUB's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.
How is Oil Country Tubular's financial position?
Financial Position Analysis
Short Term Liabilities: OILCOUNTUB has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: OILCOUNTUB has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: OILCOUNTUB has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: OILCOUNTUB's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable OILCOUNTUB has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: OILCOUNTUB is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 23.8% per year.
What is Oil Country Tubular current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate OILCOUNTUB's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate OILCOUNTUB's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if OILCOUNTUB's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if OILCOUNTUB's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: OILCOUNTUB is not paying a notable dividend for the Indian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of OILCOUNTUB's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Sridhar Kamineni (54 yo)
Mr. Sridhar Kamineni has been the Managing Director of Oil Country Tubular Limited since October 01, 2009. Mr. Kamineni served as Joint Managing Director of Oil Country Tubular Ltd. Kamineni serves as a Di ...
CEO Compensation Analysis
Compensation vs Market: Sridhar's total compensation ($USD40.25K) is about average for companies of similar size in the Indian market ($USD54.90K).
Compensation vs Earnings: Sridhar's compensation has been consistent with company performance over the past year.
|Executive Chairman of the Board||12.75yrs||₹2.97m||0.0081% |
|MD & Director||11yrs||₹2.97m||0.011% |
|Chief Financial Officer||1.67yrs||₹840.00k||no data|
|Company Secretary & Compliance Officer||0.083yr||no data||no data|
Experienced Management: OILCOUNTUB's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Oil Country Tubular Limited's company bio, employee growth, exchange listings and data sources
- Name: Oil Country Tubular Limited
- Ticker: OILCOUNTUB
- Exchange: NSEI
- Founded: 1985
- Industry: Oil and Gas Equipment and Services
- Sector: Energy
- Market Cap: ₹173.172m
- Shares outstanding: 44.29m
- Website: https://www.octlindia.com
- Oil Country Tubular Limited
- 9, Kanchanjunga
- King Koti Road
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|500313||BSE (Mumbai Stock Exchange)||Yes||Equity Shares||IN||INR||Aug 1995|
|OILCOUNTUB||NSEI (National Stock Exchange of India)||Yes||Equity Shares||IN||INR||Aug 1995|
Oil Country Tubular Limited manufactures and sells drill pipes and allied products, and oil country tubular goods and related services for the oil drilling and exploration industry in India and internation ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/10/25 12:36|
|End of Day Share Price||2020/10/23 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.