UNIDT

United Drilling Tools financials

Market cap
₹458 Cr
Sector
Capital Goods

What United Drilling Tools Limited does

United Drilling Tools Limited designs and manufactures precision-engineered downhole tools and well-service equipment for the oil and gas exploration and production industry, including casing pipe with connectors, gas lift valves and mandrels, stabilisers, and wireline winches. It sells to Indian state and private E&P/oil-service companies as well as global players such as Baker Hughes, Halliburton and Schlumberger, and exports to customers across more than 16 countries. Manufacturing is carried out at facilities in Noida (Uttar Pradesh) and Kutch/Mundra (Gujarat), supported by in-house R&D, design and quality-control teams and API/ISO product certifications.

Segments

  • Casing Pipe with Connectors
  • Gas Lift Equipment
  • Downhole Tools / Stabilisers
  • Wireline Winches
Market share in India's upstream drilling tools & equipment market
~50%
Manufacturing facilities
3, in Kutch (incl. Mundra) and Noida
Total manufacturing area
8,49,341 sq. ft.
Country presence (exports)
16+ countries incl. USA, Russia, UAE, Egypt, Mexico, Libya, Vietnam, Malaysia, Brazil, Uzbekistan, UK, Canada, Oman, Indonesia, Kazakhstan, Cameroon, Saudi Arabia
Product/quality certifications
API 5B, 5CT, 5L, 7-1, 19G1, 19G2; ISO 9001, 14001, 45001, 13679:2019
Market position
India's only manufacturer of long-OD multi-start casing pipe connectors; India's largest drilling tools & equipment manufacturer
Founded 1985Headquarters Noida, Uttar Pradesh, India Company website

Quarterly results

Q1 FY27: revenue up 7.7%, net profit up 42.6% against the same quarter last year.

₹ Cr · quarterly
Line itemQ2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26Q1 FY27
Revenue52 35 31 32 56 +7%50 +45%44 +42%34 +8%
EBITDA7 5 4 6 9 +28%9 +80%6 +45%7 +18%
Net profit4 3 4 3 6 +40%5 +108%5 +20%4 +43%
How to read this

₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.

Performance +15.1% 1Y

₹140₹160₹180₹200₹220₹240Sept 25Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26

1Y: ₹200.62 on 10 Sept 2025 → ₹230.95. High ₹250.22 (3 Jun 2026), low ₹146.77 (30 Mar 2026).

Financials, as filed

Revenue grew 15.1% a year over 3 years, FY23 to FY26. Operating margin widened to 16.0%.

Year endingFY23FY24FY25FY26
Revenue₹119 Cr₹132 Cr₹172 Cr₹182 Cr
Operating profit₹17 Cr₹15 Cr₹23 Cr₹29 Cr
Operating margin14.1%11.3%13.6%16.0%
Interest₹1 Cr₹3 Cr₹3 Cr₹4 Cr
Depreciation₹3 Cr₹4 Cr₹4 Cr₹4 Cr
Net profit₹10 Cr₹9 Cr₹15 Cr₹19 Cr
Net margin8.5%6.9%8.7%10.3%
Cash from operations₹25 Cr₹-16 Cr₹8 Cr₹38 Cr
Free cash flow₹15 Cr₹-22 Cr₹5 Cr₹34 Cr
ROCE6.0%6.0%8.0%10.0%
How to read this

From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.

Balance sheet

Year endingFY21FY22FY23FY24FY25FY26
Equity capital₹20 Cr₹20 Cr₹20 Cr₹20 Cr₹20 Cr₹20 Cr
Reserves₹173 Cr₹220 Cr₹226 Cr₹232 Cr₹249 Cr₹258 Cr
Borrowings₹18 Cr₹18 Cr₹5 Cr₹33 Cr₹30 Cr₹3 Cr
Other liabilities₹22 Cr₹23 Cr₹30 Cr₹71 Cr₹84 Cr₹21 Cr
Total liabilities₹234 Cr₹281 Cr₹281 Cr₹355 Cr₹384 Cr₹303 Cr
Fixed assets₹32 Cr₹31 Cr₹50 Cr₹50 Cr₹55 Cr₹48 Cr
Capital work in progress₹15 Cr₹19 Cr₹5 Cr₹8 Cr₹3 Cr₹10 Cr
Investments₹0 Cr₹1 Cr₹1 Cr₹1 Cr₹1 Cr₹1 Cr
Other assets₹187 Cr₹230 Cr₹224 Cr₹296 Cr₹324 Cr₹243 Cr
Total assets₹234 Cr₹281 Cr₹281 Cr₹355 Cr₹384 Cr₹303 Cr
How to read this

As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.

Who owns it

As disclosed at Jun 2026

The ownership split has held steady since Jun 2025. The shareholder count shrank 14% to 12,396.

Promoters
74.7%
FIIs
0.4%
DIIs
0.0%
Public
24.9%

Since Jun 2025

  • Promoters 0.00 pp
  • FIIs 0.00 pp
  • DIIs 0.00 pp

How it drifted, 12 quarters

Sep '23Dec '24Jun '26

Ownership split by quarter, oldest first. Sep '23: Promoters 74.7%, FIIs 0.3%, Public 25.0%.Dec '23: Promoters 74.7%, FIIs 0.3%, Public 25.0%.Mar '24: Promoters 74.7%, FIIs 0.5%, Public 24.8%.Jun '24: Promoters 74.7%, FIIs 0.6%, DIIs 0.0%, Public 24.8%.Sep '24: Promoters 74.7%, FIIs 0.7%, DIIs 0.0%, Public 24.7%.Dec '24: Promoters 74.7%, FIIs 0.6%, DIIs 0.0%, Public 24.8%.Mar '25: Promoters 74.7%, FIIs 0.4%, DIIs 0.0%, Public 24.9%.Jun '25: Promoters 74.7%, FIIs 0.4%, DIIs 0.0%, Public 24.9%.Sep '25: Promoters 74.7%, FIIs 0.4%, DIIs 0.0%, Public 24.9%.Dec '25: Promoters 74.7%, FIIs 0.4%, DIIs 0.0%, Public 24.9%.Mar '26: Promoters 74.7%, FIIs 0.4%, DIIs 0.0%, Public 24.9%.Jun '26: Promoters 74.7%, FIIs 0.4%, DIIs 0.0%, Public 24.9%.

Who was buying across the market this quarter →

Who bought this quarter

since Mar 2026

Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.

The same filing shows 0 holders trimming and 1 off the list — both are in the register beside this.

Who is on the register

Named in the Jun 2026 filing

Every holder of United Drilling Tools Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.

HolderStakeChange
Pramod Kumar Gupta 70.75%unchanged
Cairn Oil Solutions Private Limited 4.45%+0.58 pp
Prabha Gupta 3.88%unchanged
Iepf 2.62%newly disclosed
Shahshank Sharad Khade 1.18%unchanged
Kanal Gupta 0.01%unchanged
iepf mca —off the list

A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.

What the price assumes

Fair

To justify its price of ₹231, this stock must grow earnings at 18% every year for 7 years. Our analysis caps realistic growth at ~20%. At that growth it is worth ₹257 — upside of 11%.

Growth the price implies
17.7% a year
for 7 years, fading to 4%
It has actually compounded at
19.8% a year
net profit, FY23–FY26 · EPS 19.8%
The gap
-0.0 pp
11% downside if it only repeats history
Price today ₹230.95 Value at the reference growth ₹257.44

Change the assumptions yourself →

Learn to analyse United Drilling Tools Limited

Guides on how to read this kind of business and the numbers that matter.