United Drilling Tools Ltd
NSE: UNIDT BSE: 522014
Incorporated in 1985, United Drilling Tools Ltd is in the production and sale of Oil Drilling tools and Equipment[1]
₹225
52W: ₹143 — ₹257
PE 25.4 · Book ₹133 · +69% vs bookMarket Cap₹457 Cr
Stock P/E25.4Price to Earnings
ROCE7.71%Return on Capital
ROE5.79%Return on Equity
Div. Yield0.8%Face Value ₹10
Strengths
- +Company has been maintaining a healthy dividend payout of 33.4%
Weaknesses
- −The company has delivered a poor sales growth of 9.03% over past five years.
- −Company has a low return on equity of 4.57% over last 3 years.
- −Company has high debtors of 185 days.
Shareholding Pattern
Promoters74.65%
FIIs0.44%
DIIs0.01%
Public24.91%
| Category | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 74.65% | 74.65% | 74.65% | 74.65% | 74.65% | 74.65% | 74.65% | 74.65% |
| FIIs | 0.57% | 0.68%▲0.1 | 0.57%▼0.1 | 0.42%▼0.1 | 0.42% | 0.43%▲0.0 | 0.42%▼0.0 | 0.44%▲0.0 |
| DIIs | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% |
| Public | 24.77% | 24.66%▼0.1 | 24.77%▲0.1 | 24.92%▲0.2 | 24.93%▲0.0 | 24.92%▼0.0 | 24.92% | 24.91%▼0.0 |
Financial Statements
| Metric | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 34.62 | 34.04 | 42.82 | 54.38 | 51.88 | 34.78 | 31.11 | 31.67 | 55.6 | 50.44 |
| Expenses | 30.41 | 32.32 | 36.96 | 46.95 | 45.16 | 30.05 | 26.66 | 26.14 | 47.03 | 41.92 |
| Operating Profit | 4.21 | 1.72 | 5.86 | 7.43 | 6.72 | 4.73 | 4.45 | 5.53 | 8.57 | 8.52 |
| OPM % | 12.16% | 5.05% | 13.69% | 13.66% | 12.95% | 13.6% | 14.3% | 17.46% | 15.41% | 16.89% |
| Net Profit | 2.2 | 2.42 | 3.08 | 4.31 | 4.1 | 2.62 | 3.9 | 2.91 | 5.72 | 5.45 |
| EPS ₹ | 1.08 | 1.19 | 1.52 | 2.12 | 2.02 | 1.29 | 1.92 | 1.43 | 2.82 | 2.68 |
AI Insights
Revenue Trend
TTM revenue at ₹169Cr, down 1.7% YoY. OPM at 16%.
Debt Position
Borrowings at ₹30Cr. Debt-to-equity ratio: 0.12x. Healthy balance sheet.
Capex Cycle
CWIP at ₹3Cr (5% of fixed assets). Moderate ongoing capital expenditure.
Institutional Flow
DIIs: 0.01% (+0.01pp change). FIIs: 0.44% (+0.06pp change). Promoters hold 74.65%.
Margin & Efficiency
ROCE improving from 5% (Mar 2014) to 8% (Mar 2025). Working capital days: 383.
Valuation
PE 25.4x with 7.71% ROCE. Price is 69% above book value of ₹133. Dividend yield: 0.8%.
Recent Announcements
- Board Meeting Intimation for Financial Results And Final Dividend 2m - Board meets May 21, 2026 to approve FY26 audited results and consider final dividend.
- Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order 11 May - Received ONGC order for Large OD casing pipe supply worth ₹10.36 crore, executable in 6 months.
- Announcement under Regulation 30 (LODR)-Press Release / Media Release 23 Apr - UDTL secured INR 31.66 million order from Vedanta for critical oilfield equipment, executable in 3-4 months.
- Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order 22 Apr - Received ₹3.17 crore domestic order from Vedanta for tubing, pup joints and crossovers, executable in 4 months.
- Announcement under Regulation 30 (LODR)-Press Release / Media Release 20 Apr - UDTL secured ONGC order for Integral Blade Stabilizers worth ₹50.30 million, to execute in 4-5 months.
- Financial Year 2025 from bse
- Financial Year 2024 from bse
- Financial Year 2023 from bse