PO

Pipan Oils

538537 BSE
₹184.25 0.00 (0.00%)
Market Cap
₹323 Cr

Key Fundamentals

MicrocapTrading & DistributorsCommercial Services
Market Cap
₹323 Cr
EBITDA
−₹90.00 L
Return on Equity
-1,070.19%
Debt to Equity
4.45
Book Value
₹0.11
EPS (TTM)
−₹1.55
52W High
₹185.15
52W Low
₹118.68

Price-based figures as of 12 Oct 2026, 12:45 IST · EPS basis: Standalone · TTM

Tapetide Score

Data-driven rating, 0–100. How it works →

No Tapetide Score has been computed for this stock yet.

Key Insights

Strengths

1
  • Company has reduced debt.

Weaknesses

3
  • Stock is trading at 1,615 times its book value
  • Company has low interest coverage ratio.
  • Company might be capitalizing the interest cost

Technical Indicators

Oscillators

BearishNeutralBullish

Bearish

Bearish
4
Neutral
2
Bullish
3

Overall

BearishNeutralBullish

Bullish

Bearish
4
Neutral
2
Bullish
13

Moving Averages

BearishNeutralBullish

Bullish

Bearish
0
Neutral
0
Bullish
10

Growth Rate

Revenue Growth
-100%

change over 1 year

Net Income Growth
950% higher than 3Y

change over 1 year

Cash Flow Change
-190%

change over 1 year

EBITDA Margin Change
-100%

change over 1 year

Quarterly Results

Particulars Mar 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales
0
0
0
0.01
0
0
0
0
0
0
0
0
0
Expenses
0.18
0.05
0.01
0.22
0.01
0.1
0.04
0.05
0
0.11
0.06
0.69
0.67
Operating Profit
-0.18
-0.05
-0.01
-0.21
-0.01
-0.1
-0.04
-0.05
0
-0.11
-0.06
-0.69
-0.67
OPM %
—
—
—
-2100%
—
—
—
—
—
—
—
—
—
Other Income
-4.08
0
0
0
0
0
0
0.12
0
0
0
-1.21
0
Interest
0
0
0
0
0
0
0
0.12
0
0
0
0
0
Depreciation
0
0
0
0
0
0
0
0
0
0
0
0
0
PBT
-4.26
-0.05
-0.01
-0.21
-0.01
-0.1
-0.04
-0.05
0
-0.11
-0.06
-1.9
-0.67
Tax %
0%
0%
0%
0%
0%
0%
0%
0%
—
0%
0%
0%
0%
Net Profit
-4.26
-0.05
-0.01
-0.21
-0.01
-0.1
-0.04
-0.05
0
-0.11
-0.06
-1.9
-0.67
EPS (₹)
-2.4
-0.03
-0.01
-0.12
-0.02
-0.2
-0.08
-0.1
0
-0.06
-0.03
-1.08
-0.38
Figures in ₹ Crores

Profit & Loss

Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales
2.09
2.14
1.74
2.03
1.92
0
2.14
3.6
0.59
0.01
0
0
0
Expenses
2.16
2.25
1.69
2.02
1.92
0.01
5.18
3.9
0.83
0.32
0.19
0.86
1.53
Operating Profit
-0.07
-0.11
0.05
0.01
0
-0.01
-3.04
-0.3
-0.24
-0.31
-0.19
-0.86
-1.53
OPM %
-3.35%
-5.14%
2.87%
0.49%
0%
—
-142.06%
-8.33%
-40.68%
-3100%
—
—
—
Other Income
0.14
0.17
0
0.01
0.01
0
3.1
0.06
-4.08
0
0.12
-1.21
-1.21
Interest
0
0
0
0
0
0
0.08
0
0.08
0.02
0.12
0
0
Depreciation
0.04
0.02
0.02
0
0
0
0
0.03
0.01
0
0
0
0
PBT
0.03
0.04
0.03
0.02
0.01
-0.01
-0.02
-0.27
-4.41
-0.33
-0.19
-2.07
-2.74
Tax %
33.33%
100%
33.33%
0%
0%
0%
0%
0%
0%
0%
0%
0%
—
Net Profit
0.02
0
0.02
0.01
0.01
-0.01
-0.02
-0.28
-4.41
-0.33
-0.19
-2.07
-2.74
EPS (₹)
0.01
0
0.01
0.01
0.01
-0.01
-0.01
-0.16
-2.48
-0.19
-0.38
-1.18
-1.55
Div. Payout %
0%
—
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
—
Figures in ₹ Crores

Balance Sheet

Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital
3.55
3.55
3.55
3.55
3.55
3.55
3.55
3.55
3.55
0.11
1.01
3.51
Reserves
0.07
0.07
0.09
0.1
0.12
0.11
0.09
-0.19
-4.6
-1.1
-1.29
-3.31
Borrowings
0
0
0
0
0
0
0.26
6.29
2.9
4.27
3.64
0.89
Other Liabilities
2.33
2.42
2.67
2.14
2.18
2.18
6.35
11.11
0.28
0.06
0.17
0.05
Total Liabilities
5.95
6.04
6.31
5.79
5.85
5.84
10.25
20.76
2.13
3.34
3.53
1.14
Fixed Assets
0.01
0
0
0.01
0
0
0.03
0.22
0.01
0
0
0
CWIP
0
0
0
0
0
0
0
0
0
0
0
0
Investments
0.8
0.8
0.8
0.8
0.8
0.8
1
4.91
0.8
0.8
0.8
0.17
Other Assets
5.14
5.24
5.51
4.98
5.05
5.04
9.22
15.63
1.32
2.54
2.73
0.97
Total Assets
5.95
6.04
6.31
5.79
5.85
5.84
10.25
20.76
2.13
3.34
3.53
1.14
Figures in ₹ Crores

Cash Flow

Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating
0.19
-0.28
0.24
0.24
0.12
-0.16
4.13
3.31
-10.39
-2.44
0.8
-0.72
Investing
0
0
0
0
-0.19
0.02
-0.22
-4.15
13.85
0.01
0
0
Financing
0
0
0
0
-0.09
0
-3.87
0.71
-3.47
2.48
-0.85
0.87
Net Cash Flow
0.19
-0.28
0.24
0.24
-0.17
-0.14
0.04
-0.13
0
0.05
-0.05
0.16
Free Cash Flow
0.19
-0.28
0.24
0.24
0.12
-0.16
4.1
3.08
-10.18
-2.43
0.8
-0.72
CFO/OP
-343
245
500
2,500
—
1,600
-136
-1,103
4,329
787
-421
84
Figures in ₹ Crores

Ratios

Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days
690
670
904
705
745
—
536
138
74.24
44,895
—
—
Inventory Days
0
0
0
0
0
—
39.79
31.21
0
0
—
—
Days Payable
—
—
—
—
—
—
1,053
684
—
—
—
—
Cash Conversion Cycle
690
670
904
705
745
—
-478
-515
74.24
44,895
—
—
Working Capital Days
293
266
350
322
331
—
-413
-604
-74.24
44,165
—
—
ROCE %
0.83%
1.1%
0.83%
0.55%
0.27%
-0.27%
1.59%
-4.58%
-4.35%
-12.09%
-2.11%
-38.65%

Insights

Beta

AI-extracted from concalls & annual reports · figures as reported, with sources

Log in to view Pipan Oils insights

61 extracted metrics + investor summaries across FY10–FY27.

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Shareholding Pattern

Promot.74.88%Others0.02%Public25.10%As ofJun 2026

Documents

Frequently Asked Questions about Pipan Oils

What does Pipan Oils Ltd do?
Pipan Oils Ltd is transitioning from discontinued trading activities towards upstream oil-and-gas operations. Commercial operations had not commenced as of Q1FY27.
Where is Pipan Oils Ltd (538537) listed?
Pipan Oils Ltd trades under code 538537 on the BSE.
Which sector does Pipan Oils Ltd belong to?
Pipan Oils Ltd is classified under the Commercial Services sector, in the Trading & Distributors industry.
What is the market capitalisation of Pipan Oils Ltd?
Pipan Oils Ltd has a market capitalisation of ₹323 Cr as of 12 Oct 2026, which places it in the Small Cap band.
What is the 52-week high and low of Pipan Oils Ltd?
Over the last 52 weeks Pipan Oils Ltd has traded between ₹118.68 and ₹185.15 as of 12 Oct 2026.
What is the Return on Equity (ROE) of Pipan Oils Ltd?
Pipan Oils Ltd reported a return on equity of -1070.19%. Its debt-to-equity ratio is 4.45.

Company Information

Pipan Oils Ltd is transitioning from discontinued trading activities towards upstream oil-and-gas operations. Commercial operations had not commenced as of Q1FY27.

Website omanshenterprises.in
Listed 2014-07-11
Face Value ₹ 2
Shares Outstanding 1,75,30,529

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