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Last Updated on: 25 June, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of Oil Country Tubular Ltd

About the Company - Oil Country Tubular Ltd

Oil Country Tubular Ltd. is a Public Limited Listed company incorporated on 22/02/1985 and has its registered office in the State of Telangana, India. Company’s Corporate Identification Number(CIN) is L26932TG1985PLC005329 and registration number is 005329. Currently company belongs to the Industry of Steel - Tubes/Pipes. Company’s Total Operating Revenue is Rs. 0.00 Cr. and Equity Capital is Rs. 44.29 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Oil Equipment & ServicesKamineni, 3rd Floor, Hyderabad Telangana 500001demat@octlindia.com
http://www.octlindia.com
Management
NamePosition Held
Mr. K SuryanarayanaChairman
Mr. Sridhar KamineniManaging Director
Mr. Sunil TandonDirector
Mrs. Uma TiruveedulaDirector
Mr. K Vijayarama RajuDirector
Mr. Dinakar VemulapalliDirector

Basic Stock Data of Oil Country Tubular Ltd

Last Updated: June 17, 2024, 8:20 pm

Market Cap 177 Cr.
Current Price 39.9
High / Low59.2/16.8
Stock P/E
Book Value 44.0
Dividend Yield0.00 %
ROCE23.3 %
ROE31.5 %
Face Value 10.0
PEG Ratio0.00

Competitors of Oil Country Tubular Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Asian Energy Services Ltd 1,182 Cr. 289344/11743.6 67.90.00 %12.5 %11.4 % 10.0
Industry Average1,182.00 Cr289.0043.6067.900.00%12.50%11.40%10.00

Oil Country Tubular Ltd Quarterly Results

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Sales0200000000016
Expenses1821133453334
Operating Profit-1-6-2-1-1-3-3-4-5-2-2-32
OPM %-415%-3,900%-1,607%-1,181%-357%32%
Other Income010000013921000
Interest6666666302112
Depreciation55555555516181323
Profit before tax-11-16-13-12-13-14-14128-8-20-21-17-22
Tax %0%0%0%0%0%0%0%-10%0%29%12%12%27%
Net Profit-11-16-13-12-13-14-14141-8-14-19-15-16
EPS in Rs-2.57-3.64-2.97-2.66-2.85-3.10-3.2431.78-1.78-3.13-4.22-3.35-3.65

Last Updated: April 10, 2024, 4:21 am

Oil Country Tubular Ltd Quarterly Chart

Oil Country Tubular Ltd Profit & Loss

Last Updated: May 27, 2024, 5:51 am

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales47950335926015271125112007
Expenses402408305229136252576351471413
Operating Profit7895543116-18-15-51-24-12-7-14-6
OPM %16%19%15%12%11%-241%-138%-200%-221%-517%-5,226%-80%
Other Income121312-47132301422
Interest1117161617182015192225127
Depreciation10172022232222212120193069
Profit before tax576219-4-12-105-55-85-62-51-5186-80
Tax %32%42%44%44%47%15%33%2%-0%0%0%-22%
Net Profit383610-2-7-89-37-83-62-51-51105-64
EPS in Rs8.648.112.35-0.47-1.49-20.19-8.35-18.74-14.03-11.49-11.5923.64-14.35
Dividend Payout %23%25%85%0%0%0%0%0%0%0%0%0%

Oil Country Tubular Ltd Profit & Loss Yearly Chart

Oil Country Tubular Ltd Growth

Compounded Sales Growth
10 Years:-26%
5 Years:-6%
3 Years:101%
TTM:6656%
Compounded Profit Growth
10 Years:%
5 Years:3%
3 Years:-15%
TTM:-167%
Stock Price CAGR
10 Years:-5%
5 Years:42%
3 Years:73%
1 Year:52%
Return on Equity
10 Years:%
5 Years:%
3 Years:%
Last Year:-31%

Last Updated: June 17, 2024, 2:50 pm

Oil Country Tubular Ltd Balance Sheet

Last Updated: June 3, 2024, 3:53 pm

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital44444444444444444444444444
Reserves18220720720419711376-7-69-119-171206177
Borrowings2482262121501311411221211241712236668
Other Liabilities1359710888655897107130143160183178
Total Liabilities609574571486437356339265229239257499467
Fixed Assets160278283280259237216195174154134452421
CWIP10815120000000000
Investments525252525200000000
Other Assets2882292241531261191237055861224746
Total Assets609574571486437356339265229239257499467

Oil Country Tubular Ltd Reserves and Borrowings Chart

Oil Country Tubular Ltd Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity 15197625218382012-26-27169
Cash from Investing Activity -167-48-39-13-70-00000-0
Cash from Financing Activity -19-37-36-39-0-8-38-17-152627-169
Net Cash Flow-3512-13-0-6-1-03-3-000

Oil Country Tubular Ltd Financial Efficiency Indicators

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days56406025457401283130
Inventory Days2461822903614996,9044,9213381,8799,27188,824
Days Payable7250891071122,023993471137578,159
Cash Conversion Cycle2311712602793904,9383,9693031,7748,82680,665
Working Capital Days9880118912103,4021,3324242124,5328,584
ROCE %17%17%7%3%1%-10%-13%-35%-34%-30%-28%47%

Oil Country Tubular Ltd Financial Efficiency Indicators Chart

Oil Country Tubular Ltd Share Holding Pattern

MonthJun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
Promoters49.22%49.22%49.22%49.22%49.22%49.22%49.22%49.22%49.22%49.22%49.22%49.22%
FIIs0.01%0.01%0.01%0.01%0.01%0.01%0.01%0.01%0.01%0.01%0.01%0.01%
DIIs0.12%0.12%0.12%0.12%0.11%0.11%0.11%0.11%0.11%0.11%0.11%0.11%
Public50.65%50.65%50.65%50.65%50.65%50.65%50.65%50.65%50.65%50.65%50.64%50.65%
No. of Shareholders26,26426,65027,40729,73429,50928,73828,64828,64430,44729,54029,77030,284

Oil Country Tubular Ltd Shareholding Pattern Chart

No. of Oil Country Tubular Ltd Shareholders

This stock is not held by any mutual fund

Oil Country Tubular Ltd ROCE Trend

Oil Country Tubular Ltd EPS Trend

Oil Country Tubular Ltd Key Financial Ratios

MonthMar 24Mar 23Mar 22Mar 21Mar 20
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)-15.9123.63-11.52-11.40-13.97
Diluted EPS (Rs.)-15.9123.63-11.52-11.40-13.97
Cash EPS (Rs.)0.2530.38-7.21-6.87-9.28
Book Value[Excl.RevalReserv]/Share (Rs.)43.95-2.48-28.70-17.07-5.67
Book Value[Incl.RevalReserv]/Share (Rs.)43.9556.40-28.52-16.89-5.49
Revenue From Operations / Share (Rs.)4.120.060.000.502.49
PBDIT / Share (Rs.)0.3528.85-1.64-1.98-5.03
PBIT / Share (Rs.)-15.8122.11-6.02-6.60-9.78
PBT / Share (Rs.)-17.2719.41-11.59-11.49-13.98
Net Profit / Share (Rs.)-15.9123.63-11.59-11.49-14.03
PBDIT Margin (%)8.5346476.640.00-394.01-201.48
PBIT Margin (%)-383.8035616.110.00-1313.50-391.97
PBT Margin (%)-419.2531275.440.00-2286.24-560.42
Net Profit Margin (%)-386.2438077.480.00-2286.24-562.37
Return on Networth / Equity (%)-36.19-951.660.000.000.00
Return on Capital Employeed (%)-17.3521.41-87.04-75.24-75.65
Return On Assets (%)-16.5021.07-20.97-22.37-27.99
Long Term Debt / Equity (X)0.46-5.99-0.60-0.49-0.11
Total Debt / Equity (X)0.46-5.99-1.75-2.27-4.93
Asset Turnover Ratio (%)0.030.000.000.010.04
Current Ratio (X)2.151.110.500.370.27
Quick Ratio (X)0.400.110.370.220.03
Inventory Turnover Ratio (X)0.010.000.000.000.16
Interest Coverage Ratio (X)0.2610.71-0.29-0.40-1.20
Interest Coverage Ratio (Post Tax) (X)-10.699.77-1.08-1.35-2.34
Enterprise Value (Cr.)242.11127.63263.72196.00136.00
EV / Net Operating Revenue (X)13.27464.270.0088.0812.31
EV / EBITDA (X)155.490.99-36.24-22.35-6.11
MarketCap / Net Operating Revenue (X)8.50225.560.0011.441.25
Price / BV (X)0.79-5.64-0.32-0.33-0.55
Price / Net Operating Revenue (X)8.50225.810.0011.451.25
EarningsYield-0.451.69-1.24-2.00-4.48

Oil Country Tubular Ltd Profitability Ratios (%)

Oil Country Tubular Ltd Liquidity Ratios

Oil Country Tubular Ltd Liquidity Ratios (%)

Oil Country Tubular Ltd Interest Coverage Ratios (%)

Oil Country Tubular Ltd Valuation Ratios

Fair Value

Fair Value: 212.06

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

Undervalued: 431.47% compared to the current price 39.9

Default values used*: Deafault value of 15 for Stock P/E is used

Intrinsic Value: 200.60

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
  • EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators along with EPS growth.

Undervalued: 402.77% compared to the current price ₹39.9

Default values used*: Deafault value of 15 for Stock P/E is used

Last 5 Year EPS CAGR: -5.40%

*Investments are subject to market risks

Strength and Weakness of Oil Country Tubular Ltd Stock

StrengthWeakness
  1. The stock is trading at a low valuation with an average P/B ratio of -3.22 and average Dividend Yield of 5,601.91%.
  1. The stock has a low average ROCE of -4.83%, which may not be favorable.
  2. The stock has a high average Working Capital Days of 104.08, which may not be favorable.
  3. The stock has a high average Cash Conversion Cycle of 144.17, which may not be favorable.
  4. The company has higher borrowings (154.08) compared to reserves (92.54), which may suggest financial risk.
  5. The company has not shown consistent growth in sales (139.69) and profit (-21.62).

FAQ

What is the latest fair value of Oil Country Tubular Ltd?

The latest fair value of Oil Country Tubular Ltd is ₹212.06.

What is the Market Cap of Oil Country Tubular Ltd?

The Market Cap of Oil Country Tubular Ltd is 177 Cr..

What is the current Stock Price of Oil Country Tubular Ltd as on 24 June 2024?

The current stock price of Oil Country Tubular Ltd as on 24 June 2024 is ₹39.9.

What is the High / Low of Oil Country Tubular Ltd stocks in FY 2024?

In FY 2024, the High / Low of Oil Country Tubular Ltd stocks is 59.2/16.8.

What is the Stock P/E of Oil Country Tubular Ltd?

The Stock P/E of Oil Country Tubular Ltd is .

What is the Book Value of Oil Country Tubular Ltd?

The Book Value of Oil Country Tubular Ltd is 44.0.

What is the Dividend Yield of Oil Country Tubular Ltd?

The Dividend Yield of Oil Country Tubular Ltd is 0.00 %.

What is the ROCE of Oil Country Tubular Ltd?

The ROCE of Oil Country Tubular Ltd is 23.3 %.

What is the ROE of Oil Country Tubular Ltd?

The ROE of Oil Country Tubular Ltd is 31.5 %.

What is the Face Value of Oil Country Tubular Ltd?

The Face Value of Oil Country Tubular Ltd is 10.0.

About the Author

Author Avatar
Getaka

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Oil Country Tubular Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE