Oil Country Tubular Ltd Stock Price Today (NSE: OIL)

Oil Country Tubular Ltd

484.10+1.35 (+0.28%)
Market Closed

Fundamental Score

...

Oil Country Tubular Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis

Oil Country Tubular Ltd share price today is 484.10, up +0.28% on NSE/BSE as of 18 June 2026. Oil Country Tubular Ltd (OIL) is a Large-cap company in the Oil Exploration & Production sector with a market capitalisation of 67.46K (Cr). The 52-week high for OIL share price is 531.00 and the 52-week low is 383.17. At a P/E ratio of 11.29x, OIL is currently trading below its industry average P/E of 18.47x. The company has a Return on Equity (ROE) of 13.26% and a debt-to-equity ratio of 0.64.

Oil Country Tubular Ltd Share Price Chart — NSE/BSE Historical Performance

No data
High
531.00
Low
448.15
Volume
59.5L
Change
+2.48%

Oil Country Tubular Ltd share price chart: 2.48% return over the past month. 52-week high ₹531.00, 52-week low ₹383.17.

Oil Country Tubular Ltd — Last 10 Trading Days

DateOpenHighLowCloseVolume
482.00489.50476.90484.1035.19L (Cr)
479.75484.95476.25482.7520.81L (Cr)
487.55487.65472.30476.1598.69L (Cr)
488.00488.00488.00488.000.00 (Cr)
491.30491.30484.50488.0011.78L (Cr)
484.90496.45483.20492.1030.01L (Cr)
492.50493.90481.00482.5538.87L (Cr)
503.00507.00498.40499.7519.51L (Cr)
502.00507.00499.30503.5027.50L (Cr)
502.60511.95498.75504.4023.50L (Cr)

Oil Country Tubular Ltd — Last 12 Months Price History

MonthOpenHighLowCloseChange
479.75489.50476.25484.10+0.91%
490.80531.00448.15476.15-2.98%
480.00504.30456.40490.80+2.25%
503.00506.25454.40475.45-5.48%
490.00524.00445.34483.90-1.24%
424.25520.00406.35510.05+20.22%
413.20429.40395.60424.35+2.70%
433.35449.50411.15413.20-4.65%
416.00437.30405.00433.35+4.17%
388.85423.00387.35413.80+6.42%
437.50440.00383.17388.85-11.12%
438.00456.00425.00440.00+0.46%

AI Research Briefing

Powered by Gemini · 2026-04-10

Highly leveraged bet on Indian oil production with deteriorating financials and promoter selling.

Research Confidence
6.0/10Moderate
DEBT TRAP TURNAROUNDPrice has declined by 47.2% over the past six months and has declined by 43.14% over the last year.P/E of 11.29x vs Industry P/E of 18.47x suggests it could be cheap, but financials are deteriorating.

WHAT'S HAPPENING NOW (last 2-4 weeks)

Oil Country Tubular Ltd (OIL) approved a term loan agreement with Cosmos Co-Operative Bank on April 9, 2026, to purchase machinery and equipment. The loan is secured by hypothecation of the new machinery and a mortgage on the company's industrial shed in Andhra Pradesh.

CORE STORY (THE REAL GAME)

Why Now
  • Government is pushing domestic exploration
  • Global OCTG market is growing
  • Rajasthan production increased 70%
Potential Catalysts
  • Significant order wins
  • Successful debt restructuring
  • Sharp increase in domestic oil production
Key Risks
  • High debt-to-equity ratio of 14.48x
  • Promoter stake reduction
  • Plummeting net sales
Institutional Activity

FII decreased holdings by 0.6%, DII increased holdings by 0.8% (mixed signals).

Macro Context

India's reliance on crude imports makes domestic production a key priority, but tax policies and regulations pose headwinds.

Order Book / Expansion

Oil Country Tubular Limited Approves Rs 6.82 Crore Term Loan Agreement for Machinery Purchase

Cash Flow Quality

Free Cash Flow 5Y: ₹5569.02 Cr, but recent losses raise concerns.

3–6 Month Outlook

If India successfully increases domestic oil production, OIL could benefit. However, high debt and poor recent performance make it a risky bet.

Primary Thesis Risk

Inability to service debt will lead to collapse.

For educational purposes only. Not investment advice. Consult a SEBI-registered advisor before investing.

Returns & Performance

Poor

Return on Equity (ROE)

13.26%

Profit generated per ₹1 of shareholder equity

Poor

Return on Capital (ROCE)

12.89%

Returns generated on total capital deployed

Excellent

Oper. Profit Margin (5Y Avg)

38.52%

Average operating profit margin over 5 years

Good

Dividend Yield

2.78%

Annual dividend as % of current share price

Oil Country Tubular Ltd Valuation Check

Excellent

Price to Earnings (P/E)

11.29x

Share price ÷ earnings per share. Lower = cheaper

Poor

Industry Avg P/E

18.47x

Average P/E of all peers in this sector

Market-cap Classification
Large-cap
Established & liquid; typically steadier returns.

Shareholding Pattern

Excellent

Promoter Holding

56.66%

% shares held by company founders/management

Average

FII Holding

7.56%

% shares held by foreign institutional investors

Good

DII Holding

19.21%

% held by domestic mutual funds, LIC, banks

Excellent

Promoter Pledged %

0.00%

% of promoter shares pledged as collateral — lower is safer

Growth Engine

Poor

Profit Growth (Quarterly YoY)

-29.13%

Net profit growth vs same quarter last year

Average

Revenue Growth (Quarterly YoY)

15.83%

Revenue growth vs same quarter last year

Good

Revenue Growth (5-Year CAGR)

11.24%

Compounded annual revenue growth over 5 years

Poor

EPS Growth (5-Year CAGR)

5.96%

Earnings per share growth over 5 years

Poor

Net Profit Growth (5-Year CAGR)

5.96%

Compounded annual net profit growth over 5 years

Balance Sheet Health

Poor

Debt to Equity Ratio

0.64x

Total debt ÷ equity. Below 0.5 = financially healthy

Excellent

Interest Coverage Ratio

9.23x

EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably

Free Cash Flow (5-Year Total)

5.57K (Cr)

Cash left after capex over 5 years. Positive = self-funded growth

Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice

Oil Country Tubular Ltd Fundamental Analysis & Valuation Benchmarking

Educational evaluation of OIL across key market metrics for learning purposes.

Positive Indicators

8 factors identified

Strong Operating Margins (38.52%)

Observation: Healthy 5-year operating margins indicate pricing power and cost control.

Analysis: OPM >15% suggests operational efficiency and competitive advantages.

Attractive Valuation (P/E: 11.29 vs Industry: 18.47)

Observation: Trading at discount to industry peers.

Analysis: P/E below industry average may present value opportunity.

Strong Revenue Growth (15.83%)

Observation: Healthy sales growth indicates market demand and execution capability.

Analysis: Revenue growth >15% suggests strong market position and growth potential.

Strong Interest Coverage (9.23x)

Observation: Earnings comfortably cover interest obligations.

Analysis: Interest coverage >5x indicates low financial distress risk.

Strong Cash Generation (₹5569.02 Cr over 5Y)

Observation: Healthy free cash flow generation supports growth and returns.

Analysis: Strong FCF provides flexibility for dividends, debt reduction, and growth investments.

Balanced Promoter Holding (56.66%)

Observation: Optimal balance between promoter control and public float.

Analysis: Promoter holding in 50-75% range provides management alignment.

Strong Institutional Confidence (FII+DII: 26.77%)

Observation: Significant professional investor participation.

Analysis: High institutional holding often signals thorough due diligence.

Zero Share Pledging Risk

Observation: No promoter shares pledged as collateral.

Analysis: Absence of share pledging eliminates potential forced-selling pressure.

Risk Factors

1 factors identified

Profit Decline Concern (-29.13%)

Observation: Significant year-over-year profit contraction observed.

Analysis: Declining profitability requires investigation into underlying causes.

Oil Country Tubular Ltd vs Oil Exploration & Production Peers

Peer Comparison - Oil Exploration & Production

Compare Oil Country Tubular Ltd with 5 other companies in the same sector

6 companies
Company Info
Fundamental
Valuation
Profitability
Financial Health
Growth
Dividend
Company
Company name
Score
Bull Run comprehensive fundamental score based on 20+ metrics
Price
Current trading price of the stock
Market Cap
Total value of all shares in the market
P/E
Price per share divided by earnings per share
ROE
Net income divided by shareholder equity
ROCE
Earnings before interest and tax divided by capital employed
Debt/Eq
Total debt divided by total equity
Profit 5Y
Average annual profit growth over 5 years
Sales 5Y
Average annual sales growth over 5 years
Dividend
Annual dividend per share divided by price per share
48/100
484
₹67455.72
11.3
Average
13.26%
Average
12.89%
Average
0.6
Good
5.96%
Good
11.24%
Good
2.78%
54/100
297
₹308002.97
8.4
Average
10.63%
Average
12.04%
Average
0.5
Excellent
19.35%
Excellent
9.06%
Good
5.00%
18/100
169
₹2618.19
-0.33%
Poor
-0.35%
Poor
0.3
Excellent
0.00%
35.9/100
167
₹2018.93
18.5
Average
11.80%
Average
12.33%
Average
0.1
Excellent
6.66%
Good
15.81%
Excellent
0.00%
58/100
522
₹1423.13
25.3
Average
17.18%
Good
22.78%
Excellent
0.0
Excellent
26.33%
Excellent
23.56%
Excellent
0.00%
25.3/100
96
₹1151.51
724.2
Average
-2.87%
Poor
-0.56%
Poor
0.1
Excellent
-20.31%
Poor
13.36%
Good
0.00%

Oil Country Tubular Ltd PE Ratio History

Historical price-to-earnings ratio for OIL — last 5 years

YearEPS (₹)Price (₹)P/E Ratio
FY 202540.27₹424.3510.5x
FY 202438.95₹430.7511.1x
FY 202353.66₹248.104.6x
FY 202234.56₹138.804x

P/E = year-end price ÷ diluted EPS from annual filings. Source: NSE/BSE via Bull Run.

Oil Country Tubular Ltd Dividend History

Annual cash dividends paid by OIL — dividend yield 2.78%

Financial YearDividends Paid (₹ Cr)
FY 20252109.29 Cr
FY 20242103.53 Cr
FY 20232494.04 Cr
FY 20221380.93 Cr

Cash dividends from annual cash flow statements. Past dividends do not guarantee future payments. Not investment advice.

Oil Country Tubular Ltd Quarterly Performance

Latest quarterly metrics for OIL — revenue growth and profit growth vs same quarter last year

Revenue Growth (YoY)

15.83%

Latest quarter vs same quarter previous year

Net Profit Growth (YoY)

-29.13%

Latest quarter net profit vs same quarter previous year

5-Year Revenue CAGR

11.24%

Compounded annual revenue growth over 5 years

5-Year Profit CAGR

5.96%

Compounded annual net profit growth over 5 years

Oil Country Tubular Ltd Technical Indicators

SMA 50, SMA 200, RSI and volume signals for OIL — calculated from daily price history

65RSI 14
Neutral — RSI 65

Momentum is balanced — neither overbought nor oversold.

SMA 50
479
▲ Price above SMA 50 — Short-term bullish
SMA 200
442
▲ Price above SMA 200 — Long-term uptrend
30-Day Avg Volume
5542K shares/day
Average daily traded volume over last 30 trading sessions

Technical indicators are for educational purposes only. Not investment advice.

Oil Country Tubular Ltd Financial Statements

Annual income statement, balance sheet and cash flow for Oil Country Tubular Ltd (OIL) — sourced from NSE/BSE filings.

Loading Financial Statements...

Fetching financial data for Oil Country Tubular Ltd

About OIL (Oil Country Tubular Ltd)

Oil Country Tubular Ltd is a key player in the oil exploration and production sector, specializing in the manufacturing and supply of essential tubular products for well constructi...on and completion. The company provides a comprehensive range of oil country tubular goods (OCTG), including casing, tubing, drill pipe, and line pipe, all crucial for the safe and efficient extraction of oil and natural gas. With a focus on high-strength, corrosion-resistant materials, OIL ensures that its products can withstand the demanding conditions of drilling and production operations, both onshore and offshore. Their commitment to quality and reliability makes them a trusted partner for exploration and production companies worldwide, contributing to the integrity and longevity of energy infrastructure. OIL distinguishes itself through its advanced manufacturing processes and rigorous quality control measures. Employing state-of-the-art technology, the company produces tubular products that meet or exceed industry standards, ensuring optimal performance and minimizing the risk of costly failures in the field. Furthermore, OIL is dedicated to providing customized solutions, tailoring its products to meet the specific needs of its clients, whether for deepwater drilling, unconventional resource development, or mature field operations. Their experienced team of engineers and technical experts works closely with customers to understand their challenges and provide innovative solutions that enhance efficiency and reduce operational costs. Beyond manufacturing, Oil Country Tubular Ltd provides a wide array of services related to tubular management, including inspection, threading, and logistics. These services further support the seamless integration of their products into the well construction process, contributing to a streamlined and cost-effective operation for their customers. With a strong emphasis on environmental responsibility, OIL is committed to sustainable practices, ensuring that its operations minimize their environmental impact and comply with all relevant regulations. The company continues to invest in research and development to further improve the performance and environmental footprint of its tubular products, solidifying its position as a leader in the oil and gas industry.

Company Details

Symbol:OIL
Industry:Oil Exploration & Production
Sector:Oil Exploration & Production

Key Leadership

Dr. Ranjit Rath
Chairman & MD
Mr. Abhijit Majumder
CFO & Whole time Director
Mr. Trailukya Borgohain
Director of Operations & Whole time Director

OIL Share Price: Frequently Asked Questions

What is the current share price of Oil Country Tubular Ltd?

Oil Country Tubular Ltd (OIL) trades at ₹484.10 on NSE and BSE. Market cap ₹67.46K (Cr). Educational data only.

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

Oil Country Tubular Ltd has a P/E of 11.29x vs industry average 18.47x.

What is the Bull Run score for Oil Country Tubular Ltd?

Oil Country Tubular Ltd has a Bull Run score of 48/100 based on 25+ financial parameters.

Does Oil Country Tubular Ltd pay dividends?

Oil Country Tubular Ltd has a dividend yield of 2.78%. Past dividends don't guarantee future payments.

What is the ROE of Oil Country Tubular Ltd?

Oil Country Tubular Ltd has ROE of 13.26%. Higher ROE indicates better use of shareholder equity.

What is the debt-to-equity ratio of Oil Country Tubular Ltd?

Oil Country Tubular Ltd has debt-to-equity of 0.64.

Is Oil Country Tubular Ltd a good investment?

Bull Run gives Oil Country Tubular Ltd a score of 48/100. This is not investment advice — consult a SEBI-registered advisor.