United Drilling Tools (UNIDT) had a P/E of 18.0× on 6 Nov 2026, below the industry P/E of 28.7×, and the shares are 33% below their 52-week high. It earns ROCE of 10% and ROE of 7.0%, and sales and net profit grew 15% and 23% a year over 3 years. It has almost no debt, and its dividend yield is 1.3%. It is a small-cap company with a market cap of ₹370 Cr, ranked 10th of 12 Oil & Gas Equipment & Services companies by market cap; the shares fell 9.3% over the past year.
- ₹182.30
- ₹188.39
- ₹180.45
- ₹185.20
- 5.1K
Health check
- ReturnsBehind
−9.3% over a year, better than 2 of 7 peers.
- Price tagCheaper
P/E 18.0 vs industry 28.7.
- GrowthSlow
Sales +15.3%, profit +22.7% a year over 3 years.
- ProfitabilityAverage
ROCE 10.4% vs peer median 13.3%.
- Balance sheetSolid
Practically debt-free, Piotroski 8 of 9.
- Red flags2 to check
Return on equity is low at 7.0%.
Small cap
Moves with the market
Key metrics
- Market cap
- ₹370 Cr
- Small cap
- P/E
- 18.0
- Industry 28.7
- Price to book
- 1.28
- Peers 3.14
- Dividend yield
- 1.32%
- ROE
- 7.0%
- Peers 15.0%
- ROCE
- 10.4%
- Peers 13.3%
- Debt to equity
- 0.01
- Debt ₹3.23 Cr
- EPS (TTM)
- ₹10.09
- Face value ₹10
- OPM (TTM)
- 17.9%
- Net margin 11.0%
- Sales growth
- +8.9%
- Latest quarter vs a year ago
- Profit growth
- +45.6%
- Latest quarter vs a year ago
- Price to sales
- 2.01
- EV/EBITDA 11.2
Strengths and risks
Strengths
- Practically debt-free.
- Quarterly profit up 45.6% on a year ago.
- P/E of 18.0 against an industry P/E of 28.7.
Risks to check
- Return on equity is low at 7.0%.
- 33% below its 52-week high.
About United Drilling Tools
United Drilling Tools Limited, together with its subsidiary, manufactures and sells OD connectors and casing pipes, wireline winches, gas lift equipment, and downhole tools under the UDT brand in India and internationally. The company offers high-performance connectors, including leopard, swift, lynx, and puma; casing pipes with connectors; wireline winch units comprising slim split, flyline, truckline, landline, scrapping, surveyline, and wireline…
- Headquarters
- Noida
- Employees
- 171
- Sector
- Energy
- ISIN
- INE961D01019
- Website
- udtltd.com
Price range
- Avg volume (3M)
- 37K
- 1-year return
- minus 9.3%
- From 52-week high
- minus 33.1%
Peers · Oil & Gas Equipment & Services
| Company | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| AEGISVOPAKAegis Vopak Terminals | 246.50 | plus 4.17% | 27,312 | 96.3 | 44.7 | 7.9% | 52.6% | 0.90 | 37.7% | minus 13.7% |
| DOLPHINDolphin Offshore Enterprises (India) | 636.85 | minus 2.60% | 2,548 | 33.9 | 37.4 | 13.3% | 44.7% | 0.42 | – | plus 58.6% |
| ASIANENEAsian Energy Services | 401.65 | plus 0.34% | 1,955 | 31.8 | 21.7 | 13.3% | 9.1% | 0.26 | 93.4% | plus 16.5% |
| JINDRILLJindal Drilling And Industries | 515.30 | minus 0.64% | 1,493 | 7.8 | 3.8 | 13.3% | 21.8% | 0.05 | 24.8% | minus 11.3% |
| LIKHITHALikhitha Infrastructure | 211.45 | minus 2.47% | 835 | 25.5 | 13.8 | – | 11.0% | 0.00 | 7.8% | minus 8.8% |
| SOUTHWESTSouth West Pinnacle Exploration | 176.40 | minus 8.42% | 576 | 13.5 | 10.8 | 22.7% | 20.8% | 0.39 | 25.0% | plus 7.2% |
| CRYOGENICCryogenic OGS | 374.45 | plus 4.99% | 535 | 46.1 | 45.0 | 21.5% | 23.6% | 0.14 | 22.8% | plus 64.4% |
| UNIDTUnited Drilling Tools | 182.01 | minus 1.72% | 370 | 18.0 | 11.7 | 10.4% | 17.9% | 0.01 | 15.3% | minus 9.3% |
| Median of 7 peers | – | −0.64% | 1,493 | 31.8 | 21.7 | 13.3% | 21.8% | 0.26 | 24.9% | 7.2% |
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| 31.7 | 55.6 | 50.5 | 43.3 | 34.5 | |
| 25.6 | 46.5 | 41.5 | 35.9 | 27.2 | |
| 6.1 | 9.1 | 9 | 7.5 | 7.3 | |
| 19.2% | 16.4% | 17.8% | 17.2% | 21.3% | |
| 0.3 | 1.2 | 0.6 | 1.2 | 0.3 | |
| 1.1 | 1 | 0.9 | 0.5 | 0.3 | |
| 1.1 | 1.1 | 1.2 | 1.2 | 1.2 | |
| 4.1 | 8.2 | 7.6 | 7 | 6.1 | |
| 28.7% | 29.6% | 27.8% | 31.1% | 29.4% | |
| 3 | 5.8 | 5.5 | 4.8 | 4.3 | |
| 1.45 | 2.83 | 2.69 | 2.43 | 2.14 |
Profit & loss
- Sales CAGR 3Y
- +15.3%
- Profit CAGR 3Y
- +22.7%
- EPS CAGR 3Y
- +23.2%
- ROE
- 7.0%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 118 | 130 | 168 | 181 | |
| – | +10.0% | +29.4% | +7.6% | |
| 99 | 109 | 142 | 149 | |
| 19.2 | 21.4 | 26 | 31.8 | |
| 16.2% | 16.4% | 15.5% | 17.6% | |
| 0.1 | −0.2 | 1.3 | 2.7 | |
| 0.4 | 2.2 | 2.3 | 3 | |
| 4.1 | 5.2 | 5 | 4.5 | |
| 0 | 0 | −0.1 | −0.1 | |
| 14.8 | 13.8 | 19.9 | 26.8 | |
| 30.6% | 32.0% | 24.4% | 29.3% | |
| 10.3 | 9.4 | 15 | 19 | |
| – | minus 8.7% | +60.2% | +26.3% | |
| 5.03 | 4.63 | 7.38 | 9.40 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 20.3 | 20.3 | 20.3 | 20.3 | |
| 227 | 233 | 244 | 259 | |
| 5 | 32.7 | 32.1 | 3.2 | |
| 29.6 | 71.6 | 41.3 | 25 | |
| 282 | 357 | 338 | 308 | |
| 37.6 | 40.2 | 38.6 | 37.3 | |
| – | 2.8 | 3.8 | – | |
| 3.8 | 7 | 8 | 12.2 | |
| 1.1 | 1.3 | 1.7 | 1.6 | |
| 239 | 306 | 285 | 257 | |
| 282 | 357 | 338 | 308 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 25.7 | −14.1 | 9 | 39.4 | |
| 9.3 | −8.6 | −2.8 | −3.8 | |
| −16.4 | 21.7 | −7.2 | −35.6 | |
| 18.6 | −0.9 | −1 | 0 | |
| −0.2 | −7.8 | −3.3 | −4.4 | |
| 25.6 | −21.9 | 5.8 | 35 | |
| −3.7 | −3.7 | −3.7 | −3.7 |
Shareholding pattern
- Promoters74.65%
- Public25.35%
| Quarter | Split | Promoters | Public | Promoter change |
|---|---|---|---|---|
| 30 Sep 2026 | 74.65% | 25.35% | 0.00 | |
| 30 Jun 2026 | 74.65% | 25.35% | 0.00 | |
| 31 Mar 2026 | 74.65% | 25.35% | 0.00 | |
| 31 Dec 2025 | 74.65% | 25.35% | 0.00 | |
| 30 Sep 2025 | 74.65% | 25.35% | – |
Major shareholders
Filings & events
News
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