NSEI:OILCOUNTUB

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Oil Country Tubular

Executive Summary

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


Snowflake Analysis

Slightly overvalued with imperfect balance sheet.


Similar Companies

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.


Market Performance


7 Day Return

2.6%

OILCOUNTUB

1.4%

IN Energy Services

1.4%

IN Market


1 Year Return

-41.8%

OILCOUNTUB

14.0%

IN Energy Services

2.8%

IN Market

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.


Shareholder returns

OILCOUNTUBIndustryMarket
7 Day2.6%1.4%1.4%
30 Day-1.3%3.8%8.0%
90 Day-13.3%13.6%7.8%
1 Year-41.8%-41.8%15.0%14.0%4.5%2.8%
3 Year-92.7%-92.7%-19.4%-21.6%-0.5%-5.3%
5 Year-86.1%-86.1%27.2%22.4%41.5%31.0%

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

Valuation

Is Oil Country Tubular undervalued compared to its fair value and its price relative to the market?

>50%

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.


Next Steps

Future Growth

How is Oil Country Tubular forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

21.8%

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.


Next Steps

Past Performance

How has Oil Country Tubular performed over the past 5 years?

-28.0%

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.


Next Steps

Financial Health

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.


Balance Sheet


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.


Next Steps

Dividend

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.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.7yrs

Average management tenure


CEO

Sridhar Kamineni (54 yo)

11yrs

Tenure

₹2,971,000

Compensation

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.


Leadership Team

NamePositionTenureCompensationOwnership
Kamineni Suryanarayana
Executive Chairman of the Board12.75yrs₹2.97m0.0081%
₹ 14.1k
Sridhar Kamineni
MD & Director11yrs₹2.97m0.011%
₹ 18.3k
Ramamuni Jampanapalle
Chief Financial Officer1.67yrs₹840.00kno data
Pudipeddi Swamy
Company Secretary & Compliance Officer0.083yrno datano data

1.7yrs

Average Tenure

Experienced Management: OILCOUNTUB's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.


Ownership

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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Oil Country Tubular Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • 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

Location

  • Oil Country Tubular Limited
  • 9, Kanchanjunga
  • King Koti Road
  • Hyderabad
  • 500001
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
500313BSE (Mumbai Stock Exchange)YesEquity SharesININRAug 1995
OILCOUNTUBNSEI (National Stock Exchange of India)YesEquity SharesININRAug 1995

Biography

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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/25 12:36
End of Day Share Price2020/10/23 00:00
Earnings2020/06/30
Annual Earnings2020/03/31


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.