Oil Country Tubular Limited has informed the Exchange regarding Outcome of Board Meeting held on May 08, 2025.
OILCOUNTUB · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 1.0 pts less than Nifty Microcap 250, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Oil Country Tubular Limited reported its audited financial results for Q4 and FY ended March 31, 2025, with an unmodified auditor opinion from CKS Associates. Total income surged to Rs. 12,576.76 lakhs from Rs. 1,969.03 lakhs last year, a massive jump driven by operations in Drill Pipe and OCTG Services. Net loss narrowed sharply to Rs. 4,186.12 lakhs from Rs. 5,503.78 lakhs, with EBITDA of Rs. 4,601.40 lakhs and positive operating cash flow of Rs. 3,049.36 lakhs. The board allotted 41.5 lakh equity shares to promoter United Steel Allied Industries on conversion of OCPS at Rs. 65/share, raising promoter holding from 52.99% to 56.74%. The company also appointed Ms. Manjula Aleti as Secretarial Auditor for 5 years (FY26–FY30) and accepted the resignation of Company Secretary Mr. Sudhir Kumar Pola.
Sharp revenue recovery and narrowing losses are positive signals, but the company remains in the red with negative EPS of Rs. (7.10). The OCPS-to-equity conversion is mildly dilutive but strengthens the promoter stake, which may be seen as supportive. Shareholders should watch whether the revenue momentum and EBITDA margins are sustained in coming quarters.