Oil Country Tubular (BOM:500313) ROE %: -27.63% (As of Mar. 2026)


BOM:500313 Oil Country Tubular Ltd BOM:500313
52 GF Score
Price ₹57.68
GF Value ₹71.41
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Oil Country Tubular ROE %?

Oil Country Tubular BOM:500313 -2.68% 52 ROE % is -27.63% as of Mar. 2026. GuruFocus rates BOM:500313 with a GF Score™ of 52/100 and a GF Value™ of ₹71.41 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 957 Oil & Gas companies, Oil Country Tubular ranks worse than 86.31% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Oil Country Tubular's annualized net income for the quarter that ended in Mar. 2026 was ₹-545.5 Mil. Oil Country Tubular's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ₹1,974.2 Mil. Therefore, Oil Country Tubular's annualized ROE % for the quarter that ended in Mar. 2026 was -27.63%.

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

BOM:500313' s ROE % Range Over the Past 10 Years
Min: -937.86   Med: -30.18   Max: 169.55
Current: -28.47

During the past 13 years, Oil Country Tubular's highest ROE % was 169.55%. The lowest was -937.86%. And the median was -30.18%.

BOM:500313's ROE % is ranked worse than
86.31% of 957 companies
in the Oil & Gas industry
Industry Median: 5.74 vs BOM:500313: -28.47

Oil Country Tubular  (BOM:500313) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=-545.456/1974.205
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-545.456 / 1194.248)*(1194.248 / 3137.697)*(3137.697 / 1974.205)
=Net Margin %*Asset Turnover*Equity Multiplier
=-45.67 %*0.3806*1.5893
=ROA %*Equity Multiplier
=-17.38 %*1.5893
=-27.63 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=-545.456/1974.205
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-545.456 / -603.044) * (-603.044 / -618.82) * (-618.82 / 1194.248) * (1194.248 / 3137.697) * (3137.697 / 1974.205)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.9045 * 0.9745 * -51.82 % * 0.3806 * 1.5893
=-27.63 %

Note: The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Oil Country Tubular ROE % Related Terms


Oil Country Tubular ROE % Historical Data

* Premium members only.

The historical data trend for Oil Country Tubular's ROE % 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 ROE % Chart

Oil Country Tubular Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 169.55 -31.69 -14.95 -28.67

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
ROE % 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 -18.22 -15.22 -39.40 -31.92 -27.63

BOM:500313 vs SLB, BKR, HAL: ROE % Comparison

For the Oil & Gas Equipment & Services subindustry, Oil Country Tubular's ROE %, along with its competitors' market caps and ROE % 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 ROE % vs Oil & Gas Industry

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

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


BOM:500313
52GF Score
Oil Country Tubular Ltd BOM:500313
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Oil Country Tubular ROE % Calculation

Oil Country Tubular's annualized ROE % for the fiscal year that ended in Mar. 2026 is calculated as

ROE %=Net Income (A: Mar. 2026 )/( (Total Stockholders Equity (A: Mar. 2025 )+Total Stockholders Equity (A: Mar. 2026 ))/ count )
=-614.824/( (2314.205+1974.205)/ 2 )
=-614.824/2144.205
=-28.67 %

Oil Country Tubular's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=-545.456/( (0+1974.205)/ 1 )
=-545.456/1974.205
=-27.63 %

* 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.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Mar. 2026) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of -27.63% mean?
Oil Country Tubular (BOM:500313) has a ROE % of -27.63% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Oil Country Tubular and its competitors. According to the industry distribution chart, Oil Country Tubular ranks #826 out of 957 companies in the Oil & Gas industry, placing it in the top 86.3%.
Is Oil Country Tubular's ROE % too high?
Oil Country Tubular's current ROE % is -27.63%. Based on the distribution chart, Oil Country Tubular ranks #826 out of 957 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Oil Country Tubular has a GF Score™ of 52/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Oil Country Tubular's ROE % compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Oil Country Tubular ranks #826 out of 957 companies for ROE %. This places Oil Country Tubular in the lower half of its industry. The industry median ROE % is 5.74. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for an Oil & Gas company?
The median ROE % among Oil & Gas companies is 5.74, based on 957 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Oil Country Tubular and its competitors. For the Oil & Gas industry, the median ROE % is 5.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Oil Country Tubular's current ROE % is -27.63%. 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 ₹71.41, compared to a current price of ₹57.68 — trading 19.2% below its estimated fair value. The current ROE % is -27.63%. Oil Country Tubular's overall GF Score™ is 52/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Oil Country Tubular (BOM:500313), the current ROE % is -27.63% 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 ₹57.68 is trading 19.2% below its estimated GF Value™ of ₹71.41. GuruFocus considers Oil Country Tubular to be Modestly Undervalued.

Key valuation signals for BOM:500313:

  • ROE %: -27.63%
  • GF Value™: ₹71.41 vs. price of ₹57.68 (19.2% below fair value)
  • GF Score™: 52/100 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.
52GF Score

Get the complete analysis for BOM:500313

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

₹57.68
Price
₹71.41
GF Value