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    Oil Country

    Hyderabad-based OCTG manufacturer making drill pipes, heavy-weight drill pipes, drill collars, casing and tubing for oilfield drilling, now diversifying into precision machining under a new Engineering Division.

    Oil, Gas & Consumable Fuels
    Energy

    Overview

    Price

    Market Cap

    ₹305 Cr

    Sector

    Oil, Gas & Consumable Fuels

    Energy

    Rank

    Performance

    Financials

    Income Statement

    Financial Trajectories

    11
    Quarterly

    Balance Sheet

    Balance Sheet

    ₹ Cr · Annual
    Line itemFY20FY21FY22FY23FY24FY25FY26FY26
    LiabilitiesEquity Capital4444444444485252
    Reserves-69-119-171206150184167145
    Borrowings1241712236690452525
    Other Liabilities130143160183144113101101
    Total Liabilities229239257499429389345323
    AssetsFixed Assets174154134452376307276242
    CWIP00000001
    Investments00000000
    Other Assets55861224754826980
    Total Assets229239257499429389345323

    Cash Flow

    Cash Flow

    ₹ Cr · Annual
    Line itemFY19FY20FY21FY22FY23FY24FY25FY26
    ActivitiesCash from Operating2012-26-27169-1930-4
    Cash from Investing0000020-5
    Cash from Financing-17-152627-16918-194
    SummaryCapital Expenditure
    Free Cash Flow2012-26-27169-1730-10
    FCF Margin

    Valuation

    Too capital-hungry for an earnings DCF

    For capital-heavy businesses (telecom, power, heavy manufacturing) reported profit ignores the cash needed just to stand still. We'd systematically overvalue it, so we don't show a number.

    OILCOUNTUB · CAPITAL_INTENSIVE

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