Oil Country Tubular Ltd

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NSEBSE

43.400.85 (2.00%)

12:00 AM,21st Feb 2024

43.200.65 (1.53%)

04:01 PM,22nd Feb 2024

BSE : 500313

NSE : OILCOUNTUB

Sector : Metals & Mining

ISIN Code : INE591A01010

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Last Updated: Feb 22 2024 | 04:01 PM IST

Market Cap (₹ Cr)

192

Turnover (₹ Cr)

0.10

Volume (Shares)

233144

Face Value

10

52-WK High

58.60

52-WK High Date

18 Jan 2024

52-WK Low

12.90

52-WK Low Date

28 Mar 2023

All Time High

144.70

All Time High Date

18 Jan 2010

All Time Low

2.85

All Time Low Date

19 Mar 2020

Oil Country Tubular Ltd

Incorporated in Feb.'85 Oil Country Tubular Limited (OCTL) was promoted by United Steel Allied Industries K Suryanarayana and their Associates. The Company is engaged in the business of producing Casing Tubing and Drill Pipe that are primarily used in the Oil and Gas Sector for the drilling and exploration of Oil and Gas.OCTL is an unique integrated facility established in 1989 and is one of the leading Companies in the world processing a wide range of Oil Country tubular Goods viz. Drill Pipes Heavy Weight Drill Pipes Tubing Casing Drill Collars and other Oil Field Accessories required for the Oil Drilling and Exploration. The facility was set up in the State of Andhra Pradesh India with a capital outlay of Rs. 50 Crores. At OCTL the complete processing activity is concentrated in a single unique integrated Plant located at Narketpally and with Corporate Headquarters in Hyderabad India. The facilities include Upsetting Heat Treatment Non-Destructive Testing Metallurgical Laboratory Gauging and Calibration Laboratory Tool Joint and Coupling Threading Casing and Tubing Threading Friction Welding of Drill Pipe Hydrostatic Testing Collapse Pressure Testing and Internal Plastic Coating of Tubulars. OCTL's Oil Field Accessories include Rotary Subs Lift Plugs and Lift Subs Cross Overs (Drill Pipe to Drill Collar or Drill Collar to Drill Collar) Stabilizer Sleeves Welded Blade Stabilizers & Integral Stabilizers and Cast Steel Lifting Bails.Services include Tool Joint Hardbanding Make and Break of Tool Joints Internal Plastic Coating of Drill Pipe and Tubing Reconditioning of Drill Pipe Re-threading of Drill Pipe Tubing and Casing and Field Inspection of Tubulars.OCTL has a plant to manufacture the complete range of drill pipes production tubing and casing pipes with a capacity of 25000 tones per annum (TPA). It came out with a rights issue in May '92 to part-finance the increase in the project cost to expand the capacity of casing pipes from 25000 tpa to 50000 tpa and to meet additional margin money requirements all at a project cost of Rs 88.67 cr. The company manufactures drill pipes production tubings casing pipes etc. OCTL has a tie-up with Baker Hughes Tubular Services US. The Company entered into a long term arrangement with Grant Prideco Switzerland for services and purchase of tubular goods manufactured by the company. During 2000-2001 the GOI has allotted 26 Blocks for Development and Exploration to various companies.By allotting these blocks company is expecting a good demand for its products in the domestic market.OCTL has bagged order worth Rs.120 crore from ONGC for supply of drill pipes. The said project is slated to be executed by April2004. It has also got some small orders worth $1 million from Iran and the company is currently executing a $4 million order from Syrian Petroleum Company.During the year 2015 the Company has taken up Second Heat Treatment Plant and End Finishing Facility to meet the demand of Customers with an estimated Project costing Rs 252 Crores. The Company thereafter commenced its operations from September 2016.

Oil Country Tubular Ltd - Key Fundamentals

PARAMETER VALUES
Market Cap (₹ Cr)

192

EPS - TTM (₹) [S]

0.00

P/E Ratio (X) [S]

-4.92

Face Value (₹) 10
Latest Dividend (%)20.00
Latest Dividend Date 29 May 2014
Dividend Yield (%) -
Book Value Share (₹) [S]-8.83
P/B Ratio (₹) [S]-4.92
[*C] Consolidated [*S] Standalone

Funds Owing this Stock

Scheme Name Amount Invested ( ₹ Cr ) No Of Shares Net Asset (%)

Research Reports

Date BrokerActionPrices(Rs)Report
Data Not Found

Stock Strength

Today's Low/High

41.70

43.40

Week Low/High

40.95

43.00

Month Low/High

40.95

59.00

Year Low/High

12.90

59.00

All time Low/High

2.87

145.00

Share Price Returns

Period BSENSE SENSEXNIFTY
1 Week2.07%-0.12%1.541.40%
1 Month-24.52%-25.88%2.432.99%
3 Month103.85%104.72%10.8112.14%
6 Month108.55%112.75%12.1714.54%
1 Year203.50%211.11%22.4526.56%
3 Year866.59%1042.11%47.0751.39%

Company Info

Company Information

Executive Chairman : K Suryanarayana

Managing Director : Sridhar Kamineni

Independent Director : Sunil Tandon

Independent Director : Uma T

Company Sec. & Compli. Officer : Sudhir Kumar Palo

Independent Director : Vijayarama Raju

Director : Dinakar Vemulapalli

Registered Office: 9 Kanchanjunga, King Kothi Road,Hyderabad,Telangana-500001 Ph: 91-40-24785555

Email:demat@octlindia.com

URL:http://www.octlindia.com