Oil country tubular Limited has submitted its quarterly compliance certificate to the stock exchanges under SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended March 31, 2026. The Hyderabad-based company filed the mandatory certificate with both BSE Limited and National Stock Exchange of India Limited on April 07, 2026.

Regulatory Compliance Details

The certificate was issued pursuant to Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018. XL Softech Systems Limited, serving as the company's Registrar and Share Transfer Agent, provided the compliance confirmation dated April 02, 2026.

Certificate Confirmations

XL Softech Systems Limited confirmed several key compliance aspects in their certificate:

• Securities received from depository participants for dematerialization during the quarter were properly confirmed to the depositories
• All securities comprised in the certificates have been listed on the stock exchange where earlier issued securities are listed
• Security certificates received for dematerialization were mutilated and cancelled after due verification by the depository participant
• Names of the depositories were substituted in the register of members as registered owners within the stipulated 30-day period

Corporate Information

The submission was signed by Suryawanshi Vaibhav Suryakant, Company Secretary and Compliance Officer (ACS: 72171), confirming the company's commitment to regulatory compliance. Oil Country Tubular Limited operates from its registered office at Kamineni, 3rd Floor, King Koti, Hyderabad, with CIN: L26932TG1985PLC005329.

Stock Exchange Details

The company maintains its listing on both major Indian stock exchanges with the following trading symbols:

This quarterly filing represents part of the company's ongoing regulatory obligations to ensure transparency and compliance with SEBI guidelines for depositories and participant regulations.

Oil Country Tubular Limited has announced its unaudited financial results for the quarter ended December 31, 2025, revealing a challenging operational period with significant losses and declining revenues. The company's Board of Directors approved these results during their meeting held on February 12, 2026.

Financial Performance Overview

The company reported a substantial deterioration in financial performance during Q3FY26. Oil Country Tubular Limited posted a net loss of ₹1,747.35 lakhs compared to a net profit of ₹164.37 lakhs in the corresponding quarter of the previous year, representing a complete reversal of profitability.

Nine Months Performance

For the nine months ended December 31, 2025, the company's performance showed continued challenges. The net loss widened to ₹4,784.59 lakhs from ₹2,131.97 lakhs in the corresponding period of the previous year.

Segment-wise Analysis

The company operates primarily in two segments: Drill Pipe and Allied Products, and OCTG Services. Both segments reported losses during the quarter:

• Drill Pipe and Allied Products: Segment loss of ₹1,850.77 lakhs on revenue of ₹488.93 lakhs
• OCTG Services: Segment loss of ₹276.96 lakhs on revenue of ₹73.17 lakhs

Operational Highlights

During the nine months under review, the company issued and allotted 41,50,000 equity shares of face value ₹10 each, fully paid up, pursuant to conversion of OCPS to Equity Shares at a premium of ₹55 each on May 8, 2025. The EBITDA for the nine months ended December 31, 2025, was ₹370.91 lakhs.

Regulatory Compliance

The Board noted fines imposed by stock exchanges for non-compliance related to delay in submission of Related Party Transaction disclosures. Both BSE Limited and National Stock Exchange imposed fines of ₹5,000 each (plus GST) for an unintentional delay of one day in submission of RPT disclosures in XBRL mode for the period ended September 30, 2025. The company has since paid the applicable fines and strengthened internal controls to prevent recurrence.

Capital Structure

The paid-up equity share capital stood at ₹5,198.95 lakhs as of December 31, 2025, with a face value of ₹10 per share. The company does not have any subsidiary companies and operates as a standalone entity in the oil country tubular goods manufacturing and services sector.