Oil Country Tubular quarterly results and financials

Oil Country Tubular (OILCOUNTUB)₹67.43−2.39%(9 Nov 2026 close)Oil Equipment & Services

Key facts

In the Jun 2026 quarter (standalone), Oil Country Tubular reported sales of ₹17.07 Cr, down 31.9% from Jun 2025, and net profit of −₹14.97 Cr. For the year to Mar 2026, sales were ₹70.30 Cr and net profit −₹60.81 Cr.

Sales (Jun 2026): ₹17.07 Cr
Net profit (Jun 2026): −₹14.97 Cr
Sales (FY Mar 2026): ₹70.30 Cr
Net profit (FY Mar 2026): −₹60.81 Cr
EPS (Jun 2026): ₹−2.92
Borrowings (Mar 2026): ₹24.91 Cr

Company filings, standalone accounts; latest reported quarter Jun 2026

Oil Country Tubular quarterly results

₹ crore unless stated; each column is a quarter.

Oil Country Tubular Quarterly results
	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales	1.01	6.02	11.03	25.09	22.09	41.16	34.13	25.08	10.05	6.02	30.13	17.07
Expenses	2.99	3.99	7.99	17.97	15.96	23.96	21.95	15.96	11.98	9.97	27.96	15.97
Operating Profit	−3.01	2.01	3.01	7.02	7.02	17.05	12.03	9.03	−2.01	−4.01	2.01	1.01
OPM %	−357.0%	32.0%	30.0%	29.0%	30.0%	41.0%	36.0%	36.0%	−23.0%	−70.0%	7.0%	6.0%
Other Income	0.00	0.00	0.00	0.00	1.01	1.01	1.01	0.00	0.00	0.00	1.01	0.00
Interest	1.01	2.01	2.01	2.01	2.01	2.01	0.00	0.00	0.00	0.00	0.00	0.00
Depreciation	13.03	23.08	18.04	15.03	16.05	14.03	25.08	17.04	17.06	17.05	18.06	17.04
Profit before tax	−16.96	−21.94	−15.96	−8.97	−9.97	1.99	−11.96	−7.97	−19.93	−20.93	−14.96	−14.96
Tax %	−12.0%	−27.0%	−9.0%	10.0%	32.0%	2.0%	−12.0%	5.0%	10.0%	−18.0%	−10.0%	−1.0%
Exceptional items	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Profit	−14.97	−15.95	−14.95	−9.97	−12.95	1.99	−10.98	−8.98	−21.94	−16.96	−13.96	−14.97
EPS (Rs)	−3.34	−3.66	−3.30	−2.20	−2.96	0.36	−2.19	−1.68	−4.16	−3.35	−2.61	−2.92

Oil Country Tubular profit and loss

₹ crore unless stated; years end in March. TTM is the last four quarters.

Oil Country Tubular Profit and loss
	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Sales	153	7.03	11.03	25.08	11.05	2.01	0.00	0.00	18.06	123	70.30	63.27
Expenses	136	24.94	24.95	75.83	34.93	13.98	6.99	13.96	20.96	79.83	65.91	65.88
Operating Profit	16.06	−18.05	−15.04	−51.16	−24.08	−12.04	−7.02	−14.03	−2.01	43.12	5.02	−3.00
OPM %	11.0%	−241.0%	−138.0%	−200.0%	−221.0%	−517.0%	—	−5,226.0%	−14.0%	35.0%	7.0%	−4.7%
Other Income	12.01	−47.08	1.01	3.01	2.01	3.01	0.00	142	4.01	3.01	2.01	1.01
Interest	17.07	18.07	20.07	15.04	19.08	22.09	25.08	12.05	6.02	6.03	1.01	0.00
Depreciation	23.07	22.08	22.07	21.06	21.07	20.07	19.04	30.09	72.18	70.21	70.24	69.21
Profit before tax	−11.96	−105	−54.87	−84.69	−61.80	−50.88	−50.88	85.69	−75.82	−28.90	−63.84	−70.78
Tax %	−47.0%	−15.0%	−33.0%	−2.0%	0.0%	0.0%	0.0%	−22.0%	−8.0%	9.0%	−4.0%	—
Exceptional items	0.00	−51.98	0.00	1.01	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Profit	−6.98	−88.78	−36.89	−82.73	−61.86	−50.85	−50.85	105	−69.79	−31.93	−60.81	−67.83
EPS (Rs)	−1.48	−20.18	−8.34	−18.73	−14.02	−11.50	−11.60	23.62	−15.90	−6.65	−11.82	−13.04
Dividend payout %	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	—

Oil Country Tubular balance sheet

₹ crore, at each year end.

Oil Country Tubular Balance sheet
	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	44.12	44.13	44.09	44.12	44.11	44.10	44.09	44.10	44.10	44.08	48.14	52.09
Reserves	203	196	113	75.68	−6.98	−68.80	−119	−170	205	150	183	144
Borrowings	150	131	141	122	121	124	171	222	65.85	89.78	44.90	24.91
Other Liabilities	88.43	65.13	58.00	96.99	107	129	143	160	182	143	113	101
Total Liabilities	485	436	355	338	264	228	239	257	498	428	388	322
Fixed Assets	279	258	236	215	194	173	154	134	450	375	306	241
CWIP	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.99
Investments	52.05	52.02	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Other Assets	153	126	119	123	70.13	55.09	86.09	122	47.10	54.08	82.18	80.05
Inventories	108	104	97.27	101	50.21	45.65	41.27	41.25	41.18	43.52	37.64	43.58
Trade receivables	17.91	1.62	1.13	1.16	0.79	0.24	1.90	0.22	0.00	0.00	19.21	12.37
Cash & equivalents	9.18	5.05	7.21	3.52	5.57	1.65	0.95	0.45	0.25	3.14	19.20	14.74
Total Assets	485	436	355	338	264	228	239	257	498	428	388	322

Oil Country Tubular cash flow

₹ crore, for each year.

Oil Country Tubular Cash flow
	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from operating activity	52.11	1.01	8.01	38.08	20.05	12.02	−26.04	−27.03	169	−19.04	30.03	−4.01
Cash from investing activity	−13.03	−7.02	0.00	0.00	0.00	0.00	0.00	0.00	0.00	2.01	0.00	−5.01
Cash from financing activity	−38.92	0.00	−7.98	−37.93	−16.96	−14.97	25.94	26.92	−169	17.96	−18.96	3.99
Net cash flow	0.00	−5.99	−0.99	0.00	2.99	−2.99	0.00	0.00	0.00	0.99	11.96	−4.99
Capex	7.10	3.56	0.00	0.73	0.17	0.02	0.00	0.00	0.25	0.02	0.55	5.90
Free cash flow	43.18	−1.01	8.04	38.16	20.06	12.04	−26.09	−27.09	170	−17.06	30.09	−10.03
CFO / OP %	176.0%	13.1%	−53.0%	−262.9%	−38.9%	−34.0%	228.1%	362.1%	−1,198.9%	744.0%	72.1%	−106.9%

Oil Country Tubular ratios

Working-capital days and returns, by year.

Oil Country Tubular Ratios
	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor days	25	4	57	40	12	8	313	—	0	0	57	65
Inventory days	361	499	6,904	4,921	338	1,879	9,271	—	88,824	—	856	755
Days payable	107	112	2,023	993	47	113	757	—	8,159	—	28	29
Cash conversion cycle	278	389	4,937	3,968	302	1,773	8,825	—	80,664	0	884	790
Working capital days	−77	−103	−3,647	−2,888	−1,263	−3,781	−17,388	—	8,599	532	78	232
ROCE %	3.0%	1.0%	−10.0%	−13.0%	−35.0%	−34.0%	−30.0%	−28.0%	47.1%	−23.0%	−8.0%	−24.9%

Oil Country Tubular: frequently asked questions

What are the latest quarterly results of Oil Country Tubular?

For the Jun 2026 quarter, Oil Country Tubular reported sales of ₹17.07 Cr, down 31.9% year on year and net profit of −₹14.97 Cr. The operating margin was 6.0%.

What is the annual revenue of Oil Country Tubular?

Oil Country Tubular's sales for the year to Mar 2026 were ₹70.30 Cr; over the last twelve months they were ₹63.27 Cr.

What is the net profit of Oil Country Tubular?

Net profit for the year to Mar 2026 was −₹60.81 Cr, and −₹67.83 Cr over the last twelve months. Earnings per share over the same trailing period were ₹−13.04.

How much debt does Oil Country Tubular have?

Oil Country Tubular reported borrowings of ₹24.91 Cr at Mar 2026, against cash and equivalents of ₹14.74 Cr.

What is the free cash flow of Oil Country Tubular?

Cash from operations was −₹4.01 Cr in the year to Mar 2026; after capital spending, free cash flow was −₹10.03 Cr.

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