NSE:UNIDT

UNITED DRILLING TOOLS LTD

₹223.04
at close · 8 Oct 2026
▼ 3.54 (-1.56%)

Latest filings

  1. Trading Window Closure for Q2 FY27 Results · Compliance
  2. 44th AGM: All 6 resolutions passed, dividends confirmed · Board & Shareholder Meetings
  3. 44th AGM concludes; final dividend and 6 resolutions tabled · Board & Shareholder Meetings
All filings ↓
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Snapshot

What the business is, and whether it's a good one at a fair price.

AI · written from filings

Manufactures drilling tools and oilfield equipment for the oil and gas industry. Products include tubing, pup joints and crossovers; casing pipes fitted with premium connection technology such as PUMA Connectors and Multi Start High Performance Connectors; and winch accessories. Customers span domestic operators such as Vedanta's Cairn Oil and Gas business and Oil India, with ONGC and private explorers including Vedanta, Reliance, Adani and Welspun on the prospective list; on the export side, supplies reach Baker Hughes (Singapore), Trident East Limited (Russia) and Argentera Oil and Gas (Brazil) for onward use by Petrobras. Recent orders include a Rs 3.89 crore repeat domestic order from Vedanta for tubing, pup joints and crossovers (24-week execution), a Rs 1.61 crore repeat export order for casing pipe with multi start connectors to Petrobras via Argentera, and a Rs 93 lakh repeat export order from Trident East for PUMA Connectors. The business recently entered India's premium casing and tubing segment — earlier dominated by a handful of global suppliers — by deploying 5,000 metres of 7-inch premium production casing at an Oil India gas well in Assam. FY26 revenue from operations was Rs 181.12 crore with an EBITDA margin of 19.29%, and raw materials form the largest cost line at 55.2% of revenue.

Operating scale
India premium casing and tubing market
~Rs 2,600 crore; ~1.2 lakh tonnes annual demandJul 2026
Oil India deployment
5,000 metres of 7-inch premium production casingJul 2026
Vedanta (Cairn) repeat order
Rs 3.89 crore; 24-week executionJul 2026
Petrobras export order via Argentera
Rs 1.61 crore; 4-5 monthsJun 2026
Trident East Russia repeat order
Rs 93 lakh; PUMA Connectors; 5-6 monthsJul 2026
Who pays it
Oil and gas operators and oilfield service companies including Vedanta (Cairn Oil and Gas), Oil India, Baker Hughes (Singapore), Petrobras via Argentera (Brazil), and Trident East Limited (Russia).
Biggest cost
Raw materials at 55.2% of revenue, covering steel and inputs used in casing, tubing and connectors.
Kind of business
Niche, order-driven manufacturer of oilfield drilling tools and connectors serving domestic and export upstream clients.
Where it sits
Only Indian manufacturer of PUMA Connectors; new entrant into India's premium casing and tubing segment previously dominated by a few global suppliers.
Market Cap
₹453 Cr
P / E (TTM)
22.1×
EV / EBITDA
12.6×
Div Yield
0.81%
Growth
—·
Revenue 5y CAGR
PAT — · EBITDA —
Quality
8.3%·
ROCE (5y median)
ROE 5.7% (5y median) · margin 19.3%
Leverage
0.01·
Debt / Equity · low
Net debt ₹2.42 Cr
Revenue FY22→FY26
1.0×▲
Margin −18.1 pts
₹175 Cr → ₹181 Cr
Cash conversion
0.63×·
Operating cash ÷ profit · 5 yrs
₹65 Cr on ₹104 Cr
Moves on a normal day
1.09%·
Median daily move
Last 268 sessions · the yardstick for filing-day moves

Scorecard

Measured from the filed financials · as of FY26 — not investment advice

Strengths
Debt at 0.01× equity
Concerns
Heavy working capital — 402 days of cash tied up
Customers are taking longer to pay — 88 → 132 days of receivables
FY22 → FY26

Charts

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UNIDT · price

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Peers

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Financials

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Ownership

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Common questions

Answered from UNITED DRILLING TOOLS LTD's filed financials and exchange disclosures

What does UNITED DRILLING TOOLS LTD do?

UNITED DRILLING TOOLS LTD is listed on NSE and BSE, trading under the symbol UNIDT.

Is UNITED DRILLING TOOLS LTD profitable?

Yes. Over the trailing twelve months UNITED DRILLING TOOLS LTD reported a net profit of ₹20 Cr on revenue of ₹184 Cr.

Does UNITED DRILLING TOOLS LTD pay a dividend?

Yes. The dividend yield is 0.81% at the current price. It paid out 19% of its profit as dividend in FY26.

Is UNITED DRILLING TOOLS LTD debt-free?

No. It reported borrowings of ₹2.77 Cr on its 31 Mar 2026 balance sheet, or net debt of ₹2.42 Cr after cash. Debt stands at 0.01× equity.

How much does the UNITED DRILLING TOOLS LTD share price move in a day?

On a typical session UNITED DRILLING TOOLS LTD moves 1.09% — that is the median absolute close-to-close move across its last 268 trading days. MarketPing measures each filing's price reaction against it.

Where can I track UNITED DRILLING TOOLS LTD's announcements?

Every NSE and BSE filing by UNITED DRILLING TOOLS LTD appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.

Figures are as last reported and may lag the latest filing. Not investment advice.