Date: July 30, 2026

Financial Results (Standalone & Consolidated)

Income Statement Highlights (Rs. in Lakhs)

  • Total Income: Q1 FY27 (Jun 30, 2026): Rs. 1,783.33; Q4 FY26 (Mar 31, 2026): Rs. 3,041.09; Q1 FY26 (Jun 30, 2025): Rs. 2,505.87; FY26 (Mar 31, 2026): Rs. 7,181.12
  • Revenue from operations: Q1 FY27: Rs. 1,743.64 (operational income) + Rs. 39.69 (other income)
  • Profit/(Loss) before tax: Q1 FY27: (Rs. 1,524.36); Q4 FY26: (Rs. 1,507.61); Q1 FY26: (Rs. 830.98); FY26: (Rs. 6,435.55)
  • Tax Expenses: Q1 FY27: Rs. (13.72); Q4 FY26: Rs. (143.99); Q1 FY26: Rs. 40.55; FY26: Rs. (287.30)
  • Net Profit/(Loss) for period: Q1 FY27: (Rs. 1,510.64); Q4 FY26: (Rs. 1,363.64); Q1 FY26: (Rs. 880.53); FY26: (Rs. 6,148.24)
  • Total Comprehensive Income: Q1 FY27: (Rs. 1,140.46); Q4 FY26: (Rs. 679.81); Q1 FY26: (Rs. 606.12); FY26: (Rs. 4,640.86)
  • EBITDA for Q1 FY27: Rs. 150.76 lakhs

Balance Sheet Highlights (Rs. in Lakhs)

  • Paid-up Equity Share Capital (Face value Rs. 10 each): Q1 FY27: Rs. 5,618.45; Q4 FY26: Rs. 5,198.95; Q1 FY26: Rs. 5,198.95; FY26: Rs. 5,198.95
  • Reserves (excluding revaluation reserves): Q1 FY27: Rs. 7,473.00; Q4 FY26: Rs. 702.94; Q1 FY26: (Rs. 873.14); FY26: (Rs. 2,052.49)

Earnings Per Share (Rs.)

  • Basic: Q1 FY27: (2.90); Q4 FY26: (2.62); Q1 FY26: (1.85); FY26: (12.01)
  • Diluted: Q1 FY27: (2.60); Q4 FY26: (2.35); Q1 FY26: (1.61); FY26: (10.58)

Expense Breakdown (Rs. in Lakhs) for Q1 FY27

  • Cost of materials consumed: Rs. 928.36
  • Changes in inventories: Rs. (49.83)
  • Employee benefits expenses: Rs. 300.24
  • Finance Cost: Rs. 16.24
  • Depreciation and amortisation: Rs. 165.87
  • Stores, Spares and Tools consumed: Rs. 84.09
  • Power and Fuel: Rs. 62.91
  • Other expenses: Rs. 303.52
  • Total expenses: Rs. 3,307.69

Corrections to Previous Disclosure

  • Total segment Results: Originally reported as Rs. 2,824.19 lakhs, corrected to (Rs. 1,547.81 lakhs) for Q1 FY27
  • Unallocable Income/(Expenses) - Net: Originally reported as Rs. 2,847.64 lakhs, corrected to (Rs. 1,524.36 lakhs) for Q1 FY27
  • Corrections identified as inadvertent typographical errors in original July 30, 2026 submission

Capital Structure Update

  • Issued and allotted 41,95,000 equity shares of face value Rs. 10/- each fully paid up
  • Pursuant to conversion of OCPS to Equity Shares at a premium of Rs. 55/- each on June 18, 2026
  • Compliance with SEBI Listing Regulations and Companies Act, 2013

Governance & Compliance

  • Board Meeting: Results taken on record by Audit Committee and Board of Directors on July 30, 2026
  • Company Secretary: Suryawanshi Vaibhav Suryakant (ACS: 72171)
  • Chairman & Managing Director: K Suryanarayana
  • Segment Reporting: Done as per IND AS 108 for manufacture and sale of Drill Pipe and Allied Products, Oil Country Tubular Goods (OCTG) and associated services
  • Subsidiaries: Company does not have any subsidiary companies

Notes to Financial Results

  • Tax Expenses includes Deferred Tax
  • Previous period figures regrouped for comparison where necessary
  • EPS calculated based on Profit before other comprehensive income
  • Full financial results available on stock exchange websites (www.nseindia.com, www.bseindia.com) and company website (www.octlindia.com)

#Tags: #OilCountryTubular #FinancialResults #Q1FY27 #Loss #OCPSConversion #SEBICompliance

#SentimentTags: #NegativeOnEarnings #CapitalRestructuring