Oil Country Tubular (BOM:500313) Gross Margin %: -9.53% (As of Mar. 2026)


BOM:500313 Oil Country Tubular Ltd BOM:500313
53 GF Score
Price ₹58.50
GF Value ₹71.60
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Oil Country Tubular Gross Margin %?

Oil Country Tubular BOM:500313 +0.36% 53 Gross Margin % is -9.53% as of Mar. 2026. GuruFocus rates BOM:500313 with a GF Score™ of 53/100 and a GF Value™ of ₹71.60 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 869 Oil & Gas companies, Oil Country Tubular ranks worse than 97.24% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Oil Country Tubular's Gross Profit for the three months ended in Mar. 2026 was ₹-28.4 Mil. Oil Country Tubular's Revenue for the three months ended in Mar. 2026 was ₹298.6 Mil. Therefore, Oil Country Tubular's Gross Margin % for the quarter that ended in Mar. 2026 was -9.53%.


The historical rank and industry rank for Oil Country Tubular's Gross Margin % or its related term are showing as below:

BOM:500313' s Gross Margin % Range Over the Past 10 Years
Min: -19112.05   Med: -263.13   Max: 15.21
Current: -42.67


During the past 13 years, the highest Gross Margin % of Oil Country Tubular was 15.21%. The lowest was -19112.05%. And the median was -263.13%.

BOM:500313's Gross Margin % is ranked worse than
97.24% of 869 companies
in the Oil & Gas industry
Industry Median: 25.7 vs BOM:500313: -42.67

Oil Country Tubular had a gross margin of -9.53% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Oil Country Tubular was 0.00% per year.


Oil Country Tubular  (BOM:500313) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Oil Country Tubular had a gross margin of -9.53% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Oil Country Tubular Gross Margin % Related Terms


Oil Country Tubular Gross Margin % Historical Data

* Premium members only.

The historical data trend for Oil Country Tubular's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Oil Country Tubular Gross Margin % Chart

Oil Country Tubular Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 -19,112.05 -358.39 15.21 -42.67

Oil Country Tubular Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -4.92 -4.60 -103.24 -276.79 -9.53

BOM:500313 vs SLB, BKR, HAL: Gross Margin % Comparison

For the Oil & Gas Equipment & Services subindustry, Oil Country Tubular's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Oil Country Tubular Gross Margin % vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Oil Country Tubular's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Oil Country Tubular's Gross Margin % falls into.


BOM:500313
53GF Score
Oil Country Tubular Ltd BOM:500313
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Oil Country Tubular Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Oil Country Tubular's Gross Margin for the fiscal year that ended in Mar. 2026 is calculated as

Gross Margin % (A: Mar. 2026 )=Gross Profit (A: Mar. 2026 ) / Revenue (A: Mar. 2026 )
=-299.1 / 700.941
=(Revenue - Cost of Goods Sold) / Revenue
=(700.941 - 1000.004) / 700.941
=-42.67 %

Oil Country Tubular's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=-28.4 / 298.562
=(Revenue - Cost of Goods Sold) / Revenue
=(298.562 - 327.011) / 298.562
=-9.53 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of -9.53% mean?
Oil Country Tubular (BOM:500313) has a Gross Margin % of -9.53% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Oil Country Tubular and its competitors. According to the industry distribution chart, Oil Country Tubular ranks #845 out of 869 companies in the Oil & Gas industry, placing it in the top 97.2%.
Is Oil Country Tubular's Gross Margin % too high?
Oil Country Tubular's current Gross Margin % is -9.53%. Based on the distribution chart, Oil Country Tubular ranks #845 out of 869 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Oil Country Tubular has a GF Score™ of 53/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Oil Country Tubular's Gross Margin % compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Oil Country Tubular ranks #845 out of 869 companies for Gross Margin %. This places Oil Country Tubular in the lower half of its industry. The industry median Gross Margin % is 25.70. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for an Oil & Gas company?
The median Gross Margin % among Oil & Gas companies is 25.70, based on 869 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Oil Country Tubular and its competitors. For the Oil & Gas industry, the median Gross Margin % is 25.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Oil Country Tubular's current Gross Margin % is -9.53%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Oil Country Tubular stock overvalued right now?
Based on GuruFocus' analysis, Oil Country Tubular (BOM:500313) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹71.60, compared to a current price of ₹58.50 — trading 18.3% below its estimated fair value. The current Gross Margin % is -9.53%. Oil Country Tubular's overall GF Score™ is 53/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Oil Country Tubular (BOM:500313), the current Gross Margin % is -9.53% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Oil Country Tubular (BOM:500313) Overvalued in 2026?

Based on GuruFocus' analysis, Oil Country Tubular stock appears to be undervalued. The current stock price of ₹58.50 is trading 18.3% below its estimated GF Value™ of ₹71.60. GuruFocus considers Oil Country Tubular to be Modestly Undervalued.

Key valuation signals for BOM:500313:

  • Gross Margin %: -9.53%
  • GF Value™: ₹71.60 vs. price of ₹58.50 (18.3% below fair value)
  • GF Score™: 53/100 with 2 warning signs

No single metric tells the full story. See the BOM:500313 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Oil Country Tubular Business Description

Industry EnergyOil & Gas
Other Exchanges OILCOUNTUB:India
Address King Kothi Road, KAMINENI, 3rd Floor, Hyderabad, TG, IND, 500001
Oil Country Tubular Ltd is an Indian firm. It is engaged in the business of manufacturing of Casing, Tubing, and Drill Pipe which are used in the Oil and Gas Sector for the drilling and exploration of Oil and Gas. Its product and service offerings are Drill Pipe, Heavy Weight Drill Pipe, Drill Collars, Kellys, Internal Plastic Coating of Drill Pipe and Tubing, and Field Inspection of Tubulars. It serves domestically and exports to Indonesia. It generates maximum revenue by providing OCTG services.
53GF Score

Get the complete analysis for BOM:500313

Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹58.50
Price
₹71.60
GF Value