Oil Country Tubular Limited
Oil Country Tubular Limited manufactures and sells casing, tubing, and drill pipes used in the oil and gas drilling and exploration sector in India and internationally. It offers API connections, and double shoulder and high torque connections; heavy weight drill pipes; and drill collars, as well as tubing, casing, and high collapse casing products. The company also provides accessories, such as … Read more
Oil Country Tubular Limited (OILCOUNTUB) - Net Assets
Latest net assets as of September 2025: ₹2.19 Billion INR
Based on the latest financial reports, Oil Country Tubular Limited (OILCOUNTUB) has net assets worth ₹2.19 Billion INR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₹3.45 Billion) and total liabilities (₹1.26 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₹2.19 Billion |
| % of Total Assets | 63.45% |
| Annual Growth Rate | 7.35% |
| 5-Year Change | N/A |
| 10-Year Change | -4.11% |
| Growth Volatility | 49.89 |
Oil Country Tubular Limited - Net Assets Trend (2006–2025)
This chart illustrates how Oil Country Tubular Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Oil Country Tubular Limited (2006–2025)
The table below shows the annual net assets of Oil Country Tubular Limited from 2006 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | ₹2.31 Billion | +18.82% |
| 2024-03-31 | ₹1.95 Billion | -22.03% |
| 2023-03-31 | ₹2.50 Billion | +297.74% |
| 2022-03-31 | ₹-1.26 Billion | -68.90% |
| 2021-03-31 | ₹-747.94 Million | -207.64% |
| 2020-03-31 | ₹-243.12 Million | -164.73% |
| 2019-03-31 | ₹375.62 Million | -68.75% |
| 2018-03-31 | ₹1.20 Billion | -23.62% |
| 2017-03-31 | ₹1.57 Billion | -34.79% |
| 2016-03-31 | ₹2.41 Billion | -2.66% |
| 2015-03-31 | ₹2.48 Billion | -1.47% |
| 2014-03-31 | ₹2.52 Billion | +0.02% |
| 2013-03-31 | ₹2.52 Billion | +11.35% |
| 2012-03-31 | ₹2.26 Billion | +14.13% |
| 2011-03-31 | ₹1.98 Billion | +11.35% |
| 2010-03-31 | ₹1.78 Billion | +34.37% |
| 2009-03-31 | ₹1.32 Billion | +60.46% |
| 2008-03-31 | ₹824.55 Million | +33.58% |
| 2007-03-31 | ₹617.26 Million | +2.73% |
| 2006-03-31 | ₹600.85 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Oil Country Tubular Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 54883870000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | ₹478.39 Million | 20.67% |
| Other Comprehensive Income | ₹2.19 Billion | 94.61% |
| Other Components | ₹195.25 Million | 8.44% |
| Total Equity | ₹2.31 Billion | 100.00% |
Oil Country Tubular Limited Competitors by Market Cap
The table below lists competitors of Oil Country Tubular Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Caturkarda Depo Bangunan PT Tbk
JK:DEPO
|
$6.65 Million |
|
Greatview Aseptic Packaging Company Limited
PINK:GRVWF
|
$6.65 Million |
|
EFUN Technology Co.,Ltd
TWO:3523
|
$6.65 Million |
|
VinFast Auto Ltd. Warrant
NASDAQ:VFSWW
|
$6.66 Million |
|
Hanwha Techwin Co. Ltd.
KQ:012450
|
$6.65 Million |
|
Talon Metals Corp
PINK:TLOFF
|
$6.64 Million |
|
hGears AG
XETRA:HGEA
|
$6.64 Million |
|
PT Bank CIMB Niaga Tbk
MU:NKX
|
$6.64 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Oil Country Tubular Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,947,643,000 to 2,314,205,000, a change of 366,562,000 (18.8%).
- Net loss of 318,612,000 reduced equity.
- Other comprehensive income increased equity by 684,650,699.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹-318.61 Million | -13.77% |
| Other Comprehensive Income | ₹684.65 Million | +29.58% |
| Other Changes | ₹523.30K | +0.02% |
| Total Change | ₹- | 18.82% |
Book Value vs Market Value Analysis
This analysis compares Oil Country Tubular Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.86x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 3.27x to 0.86x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-03-31 | ₹13.57 | ₹44.36 | x |
| 2007-03-31 | ₹13.94 | ₹44.36 | x |
| 2008-03-31 | ₹18.62 | ₹44.36 | x |
| 2009-03-31 | ₹29.87 | ₹44.36 | x |
| 2010-03-31 | ₹40.14 | ₹44.36 | x |
| 2011-03-31 | ₹44.70 | ₹44.36 | x |
| 2012-03-31 | ₹51.02 | ₹44.36 | x |
| 2013-03-31 | ₹56.80 | ₹44.36 | x |
| 2014-03-31 | ₹56.82 | ₹44.36 | x |
| 2015-03-31 | ₹55.98 | ₹44.36 | x |
| 2016-03-31 | ₹54.49 | ₹44.36 | x |
| 2017-03-31 | ₹35.53 | ₹44.36 | x |
| 2018-03-31 | ₹27.14 | ₹44.36 | x |
| 2019-03-31 | ₹8.48 | ₹44.36 | x |
| 2020-03-31 | ₹-5.49 | ₹44.36 | x |
| 2021-03-31 | ₹-16.89 | ₹44.36 | x |
| 2022-03-31 | ₹-28.52 | ₹44.36 | x |
| 2023-03-31 | ₹56.40 | ₹44.36 | x |
| 2024-03-31 | ₹43.98 | ₹44.36 | x |
| 2025-03-31 | ₹51.57 | ₹44.36 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Oil Country Tubular Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -13.77%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -25.92%
- • Asset Turnover: 0.32x
- • Equity Multiplier: 1.65x
- Recent ROE (-13.77%) is below the historical average (-6.56%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 3.85% | 1.47% | 0.91x | 2.87x | ₹-36.95 Million |
| 2007 | 15.44% | 3.64% | 1.38x | 3.07x | ₹33.59 Million |
| 2008 | 35.06% | 8.52% | 2.14x | 1.92x | ₹206.67 Million |
| 2009 | 49.08% | 15.45% | 1.49x | 2.13x | ₹517.07 Million |
| 2010 | 31.41% | 16.81% | 0.94x | 1.98x | ₹380.57 Million |
| 2011 | 15.39% | 9.33% | 0.72x | 2.30x | ₹106.78 Million |
| 2012 | 16.94% | 7.98% | 0.75x | 2.84x | ₹156.81 Million |
| 2013 | 14.28% | 7.15% | 0.88x | 2.28x | ₹107.78 Million |
| 2014 | 4.14% | 2.90% | 0.63x | 2.27x | ₹-147.46 Million |
| 2015 | -0.84% | -0.80% | 0.54x | 1.96x | ₹-268.83 Million |
| 2016 | -2.73% | -4.34% | 0.35x | 1.81x | ₹-307.31 Million |
| 2017 | -53.35% | -1274.48% | 0.02x | 2.26x | ₹-996.97 Million |
| 2018 | -30.77% | -409.21% | 0.03x | 2.80x | ₹-490.04 Million |
| 2019 | -220.98% | -333.89% | 0.09x | 6.99x | ₹-867.59 Million |
| 2020 | 0.00% | -620.14% | 0.05x | 0.00x | ₹-596.99 Million |
| 2021 | 0.00% | -2369.18% | 0.01x | 0.00x | ₹-433.96 Million |
| 2022 | 0.00% | -18669.59% | 0.00x | 0.00x | ₹-386.90 Million |
| 2023 | 41.90% | 38077.48% | 0.00x | 1.99x | ₹796.95 Million |
| 2024 | -36.17% | -386.24% | 0.04x | 2.19x | ₹-899.24 Million |
| 2025 | -13.77% | -25.92% | 0.32x | 1.65x | ₹-550.03 Million |
Industry Comparison
This section compares Oil Country Tubular Limited's net assets metrics with peer companies in the Oil & Gas Equipment & Services industry.
Industry Context
- Industry: Oil & Gas Equipment & Services
- Average net assets among peers: $2,993,634,028
- Average return on equity (ROE) among peers: 9.22%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Oil Country Tubular Limited (OILCOUNTUB) | ₹2.19 Billion | 3.85% | 0.58x | $6.65 Million |
| Aakash Exploration Services Limited (AAKASH) | $52.70 Million | 2.73% | 1.00x | $3.38 Million |
| Aegis Vopak Terminals Ltd (AEGISVOPAK) | $9.53 Billion | -0.01% | 2.65x | $20.86K |
| Alphageo (India) Limited (ALPHAGEO) | $216.03 Million | 19.54% | 2.10x | $6.19 Million |
| Asian Energy Services Limited (ASIANENE) | $1.99 Billion | -22.24% | 0.49x | $52.38 Million |
| Dolphin Offshore Enterprises (India) Limited (DOLPHIN) | $499.72 Million | 33.69% | 4.13x | $24.07 Million |
| Jindal Drilling And Industries Limited (JINDRILL) | $11.94 Billion | 5.40% | 0.50x | $47.28 Million |
| Likhitha Infrastructure Limited (LIKHITHA) | $699.56 Million | 28.85% | 0.44x | $19.20 Million |
| South West Pinnacle Exploration Limited (SOUTHWEST) | $1.21 Billion | 6.81% | 0.93x | $15.63 Million |
| United Drilling Tools Limited (UNIDT) | $792.63 Million | 8.24% | 0.58x | $6.86 Million |