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United Drilling Tools Limited (UNIDT)

₹199.90 +0.70% last close, 16 Oct

📊 NSE: UNIDT 🏢 Engineering 📢 Latest filing: 13 Oct 2026 📝 Analysis written: 14 Dec 2025

Latest quarterly results (Q1 FY27)

In its latest reported quarter, Q1 FY27, United Drilling's revenue was ₹34.5 Cr (+8.9% year on year, -20.4% on the previous quarter), and net profit ₹4.3 Cr (+45.6% year on year); the operating margin was 21.3%.

Q1 FY27 (₹ Cr)	Value	YoY vs Q1 FY26	QoQ
Revenue	₹34.5	+8.9%	-20.4%
Operating profit	₹7.3	+20.8%	-1.6%
Net profit	₹4.3	+45.6%	-10.1%
EPS (₹)	2.14	+47.6%	-9.3%
Operating margin	21.3%	—	—

Full quarterly financials → Results calendar →

UNIDT delivery percentage and bulk deals

NSE end-of-day data for Fri, 16 Oct 2026

On Fri, 16 Oct 2026, 61.0% of the UNIDT shares traded on NSE were taken to delivery, against the stock's own 20-session average of 60.2%. That is close to its usual level. Turnover was only ₹17 lakh, so a handful of trades can move this figure. Volume was 0.1 times its average, well below normal. It closed at a price band (circuit) on 1 session in about the last 20. 2 bulk or block deals were reported in UNIDT in the last 60 days: ₹6 Cr sold, none bought.

61.0%Delivery, 16 Oct

60.2%Own 20-session average

0.1×Volume vs its average

₹199.90NSE close · +0.70%

Delivery in the last 5 sessions: 62.6% · 48.9% · 60.4% · 63.9% · 61.0%

Date	Side	Counterparty	Value	Price	Quantity	Type
24 Sep	Sell	Cairn Oil Solutions Private Limited	₹3.78 Cr	₹251.73	150,039	Bulk
23 Sep	Sell	Cairn Oil Solutions Private Limited	₹2.41 Cr	₹235.44	102,550	Bulk

Delivery across the market →Circuit stocks →All bulk and block deals →

A description of what the exchange published, not a recommendation. Names such as "accumulation" or "long buildup" label a pattern in the numbers. How delivery is analysed

📢 Recent Corporate Announcements

United Drilling Tools Submits Reg 74(5) Demat Compliance Certificate for Q2 FY27

🟡 NEUTRAL ⭐ 1/10

ROUTINE 📅 13 Oct 2026, 06:35 PM

United Drilling Tools Limited has submitted its quarterly compliance certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended September 30, 2026. The certificate was issued by Beetal Financial and Computer Services Private Limited, the Registrar and Share Transfer Agent (RTA). The filing confirms that securities received for dematerialization during the quarter were processed and listed on stock exchanges as required. This is a standard quarterly administrative submission with no operational or financial impact.

Compliance certificate submitted for the quarter ended September 30, 2026
Issued by RTA Beetal Financial and Computer Services Private Limited dated October 5, 2026
Submitted under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018

💡 No action is required as this is a procedural filing. Investors should monitor upcoming Q2 FY27 financial results for operational performance.

United Drilling Tools Closes Trading Window From Oct 1, 2026 Ahead of Q2 Results

🟡 NEUTRAL ⭐ 1/10

ROUTINE 📅 29 Sep 2026, 12:37 PM

United Drilling Tools has announced the closure of its trading window for designated persons starting October 01, 2026. The window will remain shut until 48 hours after the declaration of financial results for the second quarter ended September 30, 2026 (FY 2026-27). This closure follows SEBI Prohibition of Insider Trading regulations. The company noted that the board meeting date to approve the Q2 results will be declared separately.

Trading window closure takes effect from October 01, 2026
Trading window re-opens 48 hours after Q2 FY26-27 results announcement
Applicable for financial results for the quarter ending September 30, 2026
Date for the board meeting to consider financial results to be intimated in due course

💡 Track the upcoming board meeting date announcement to see when Q2 FY26-27 financial results will be reported.

United Drilling Tools Wins ₹4.78 Cr Domestic Order from ONGC

🟡 NEUTRAL ⭐ 5/10

ROUTINE 📅 19 Sep 2026, 03:58 PM

United Drilling Tools Limited has secured a domestic purchase order from Oil and Natural Gas Corporation Limited (ONGC) valued at approximately ₹4.78 crore. The contract involves the supply of drilling stabilizers and is scheduled to be executed within a period of 6 months. This contract represents about 2.6% of the company's TTM revenue of ₹184 crore. The transaction falls within the ordinary course of business with no related-party involvement.

Received domestic supply order worth ₹4,78,27,782 (~₹4.78 crore)
Client awarding the contract is Oil and Natural Gas Corporation Limited (ONGC)
Contract scope covers the supply of Stabilizer equipment
Execution timeline specified as 6 months from receipt
Represents ~2.6% of TTM revenue (₹184 Cr)

💡 Track execution and revenue recognition over the next two quarters (within the 6-month window) alongside overall order inflows from ONGC.

United Drilling Tools Bags ₹73.35 Lakh Export Order from Brazil's Argentera

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 10 Sep 2026, 04:54 PM

United Drilling Tools Ltd has received an international supply order valued at ₹73.35 lakh (Rs. 73,35,250) from Argentera Engenharia e Serviços de Petróleo e Gas Ltda. The contract entails supplying casing pipes with UDT connectors to the Brazilian entity. Execution is scheduled within a 3-month timeline. While financially very small compared to the company's TTM revenue of ₹184 crore (under 0.5%), it aligns with the company's stated strategic goal to expand into South American markets like Brazil.

Order value is ₹73,35,250 (estimated contract value)
Contract awarded by international client Argentera Engenharia e Serviços de Petróleo e Gas Ltda
Execution period set for 3 months
Order covers the supply of Casing Pipe With UDT Connectors

💡 Track execution within the 3-month timeline and watch whether this pilot-sized order leads to larger repeat contracts from South American clients in upcoming quarterly results.

UNIDT Dispatches FY26 Annual Report Web-Link; 44th AGM Scheduled for September 23, 2026

🟡 NEUTRAL ⭐ 1/10

ROUTINE 📅 01 Sep 2026, 03:59 PM

United Drilling Tools Limited has informed the stock exchanges that it dispatched letters containing the web-link and access path for its FY26 Annual Report and Notice of the 44th Annual General Meeting (AGM) to shareholders whose email IDs are not registered. The 44th AGM is scheduled to be held on Wednesday, September 23, 2026, at 11:30 a.m. IST via Video Conferencing / Other Audio-Visual Means. This is a standard procedural compliance filing under Regulation 36(1)(b) of the SEBI LODR Regulations.

44th Annual General Meeting (AGM) scheduled for September 23, 2026, at 11:30 a.m. IST via Video Conferencing
Filing covers dispatch of Annual Report 2025-26 web-link to shareholders without registered email IDs
Compliance executed pursuant to Regulation 36(1)(b) of SEBI LODR Regulations

💡 Shareholders can review the FY26 Annual Report via the company website and track proceedings/voting outcomes of the AGM on September 23, 2026.

United Drilling Tools Issues 44th AGM Notice for Sep 23, 2026; Proposes ₹0.60 Final Dividend

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 01 Sep 2026, 01:33 PM

United Drilling Tools Limited has scheduled its 44th Annual General Meeting for September 23, 2026, via video conferencing. The agenda includes approving a final dividend of ₹0.60 per share (taking total FY26 dividend to ₹1.80 per share) and adopting the FY26 financial statements. Shareholders will also vote on reappointing statutory auditors M/s A P U & Company for a 4-year term and approving a related-party technical consultancy agreement worth ₹74.40 lakh annually with a promoter-owned firm.

44th AGM scheduled for September 23, 2026, at 11:30 AM IST through VC/OAVM
Approval sought for final dividend of ₹0.60 per share, bringing total FY26 payout to ₹1.80 per share of face value ₹10
Proposed reappointment of Statutory Auditors M/s A P U & Company for a 4-year term up to the 2030 AGM
Related-party technical consultancy contract proposed with promoter entity at ₹74.40 lakh for FY27 and ₹74.40 lakh for FY28

💡 Eligible shareholders may participate in remote e-voting and monitor the voting results post the AGM on September 23, 2026.

United Drilling Tools Issues FY26 Annual Report; 44th AGM on Sept 23, 2026

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 01 Sep 2026, 01:14 PM

United Drilling Tools Limited has submitted its Annual Report for FY 2025-26 and scheduled its 44th Annual General Meeting for September 23, 2026. For FY26, the company recorded revenue from operations of ₹181.96 crore (up 5.7% YoY) and a PAT of ₹18.76 crore (up 25.74% YoY). EBITDA stood at ₹33.64 crore (18.04% margin), driven by an improved product mix. The company has declared an 18% dividend per share for the year.

44th AGM scheduled on September 23, 2026, at 11:30 AM IST via Video Conferencing
FY26 revenue from operations reached ₹181.96 crore, an increase of 5.7% YoY
FY26 PAT grew 25.74% YoY to ₹18.76 crore with EBITDA margin expanding to 18.04%
Dividend declared at 18% per share for FY26
UDTL operates 4 manufacturing facilities and holds 14 patents across 16 countries

💡 Track the proceedings and resolutions of the AGM on September 23, 2026, and look for disclosures regarding clearances for new R&D products in upcoming quarterly updates.

United Drilling Tools Corrects Final Dividend Record Date to September 16, 2026

🟡 NEUTRAL ⭐ 3/10

DIVIDEND 📅 14 Aug 2026, 04:55 PM

United Drilling Tools Limited (UNIDT) has issued a correction regarding the record date for its final dividend. The previously announced date of September 11, 2026, was cited as a clerical error and has been officially revised to September 16, 2026. This update follows the board meeting held on August 10, 2026, and the company has confirmed that XBRL submissions have been updated accordingly. This is a routine administrative adjustment to ensure proper dividend distribution to eligible shareholders.

Corrected Record Date for Final Dividend is September 16, 2026
Previous incorrect date was mentioned as September 11, 2026
The correction follows the Board Meeting held on August 10, 2026
Company maintains a Market Cap of Rs 462 Cr with TTM PAT of Rs 20 Cr

💡 Investors should update their calendars to reflect the new record date of September 16, 2026, to ensure they hold shares by the ex-dividend date to be eligible for the payout.

42.9% PBT Growth in Q1 FY27; UNIDT Enters High-Value Premium OCTG Market

🟢 POSITIVE ⭐ 7/10

EARNINGS 📅 11 Aug 2026, 02:16 PM

United Drilling Tools (UNIDT) reported a 7.68% YoY revenue growth to ₹34.10 Cr for Q1 FY27, while Profit Before Tax (PBT) surged 42.91% to ₹5.90 Cr. The company achieved a significant milestone by successfully deploying its first 7-inch Premium Production Casing for Oil India Limited, marking its entry into the high-margin Oil Country Tubular Goods (OCTG) market. EBITDA margins expanded to 20.35% from 18.94% YoY, driven by a better product mix and operational efficiencies. Management remains optimistic citing new export orders from Brazil and Russia, and the potential impact of the ₹84,084 Cr 'Samudra Manthan' offshore exploration scheme.

Profit Before Tax (PBT) grew 42.91% YoY to ₹5.90 Cr in Q1 FY27.
EBITDA margins improved to 20.35% compared to 18.94% in the previous year's corresponding quarter.
Successfully supplied and commissioned 7-inch Premium Production Casing for Oil India Limited in a gas well in Assam.
Secured international orders from Brazil (Argentera Oil and Gas) and a trial order from Russia (Trident East Limited).
Government approved 'Samudra Manthan' scheme with an outlay of ₹84,084 Cr up to FY 2030-31 for offshore exploration.

💡 Investors should monitor the scale-up of the new Premium Connection product line and the conversion of international trial orders into larger contracts. Watch for specific order wins originating from the 'Samudra Manthan' scheme to gauge long-term revenue visibility.

United Drilling Tools Re-appoints M/s A P U & Company as Statutory Auditors for 4-Year Term

🟡 NEUTRAL ⭐ 3/10

MANAGEMENT 📅 10 Aug 2026, 09:50 PM

United Drilling Tools Limited (UNIDT) has announced the re-appointment of M/s A P U & Company as its Statutory Auditors for a second term of 4 consecutive years. The firm, which has 22 years of experience in auditing and risk assessment, will hold office from the conclusion of the 44th Annual General Meeting (AGM) until the 48th AGM. This follows the completion of their initial one-year term. The re-appointment was recommended by the Audit Committee and approved by the Board of Directors.

Re-appointment of M/s A P U & Company for a second term of 4 consecutive years.
Auditor firm possesses 22 years of experience in Statutory, Tax, and Internal Audits.
Tenure extends from the conclusion of the 44th AGM to the 48th AGM.
The decision follows the completion of a preliminary 1-year term as Statutory Auditor.

💡 Investors should note this as a routine administrative update; the re-appointment will be subject to shareholder approval at the upcoming 44th Annual General Meeting.

Aug 21, 2026 Fixed as Record Date for 1st Interim Dividend for FY 2026-27

🟡 NEUTRAL ⭐ 4/10

DIVIDEND 📅 10 Aug 2026, 07:19 PM

United Drilling Tools Limited (UNIDT) has scheduled August 21, 2026, as the record date to determine shareholder eligibility for its first interim dividend of FY 2026-27. This follows a solid FY26 performance where the company reported a net profit of ‑18.97 cr on revenue of ‑181.12 cr. While the specific dividend amount per share was not disclosed in this filing, the company maintains a very strong balance sheet with a debt-to-equity ratio of 0.01. Investors must hold the stock prior to the ex-dividend date to qualify for the payout.

Record date for 1st Interim Dividend fixed for August 21, 2026
Dividend pertains to the financial year 2026-27
Company reported TTM PAT of ‑19 cr as of the latest available context
Promoter holding remains high and stable at 74.65%
Debt remains negligible at ‑3 cr against a net worth of ‑278 cr

💡 Watch for a separate announcement regarding the specific dividend amount (Rs per share) and the final payment date.

Aug 21 set as Record Date for 1st Interim Dividend of FY 2026-27

🟡 NEUTRAL ⭐ 4/10

DIVIDEND 📅 10 Aug 2026, 07:07 PM

United Drilling Tools Limited (UNIDT) has fixed August 21, 2026, as the record date for its first interim dividend for the fiscal year 2026-27. The company maintains a strong financial position with a TTM PAT of Rs 19 Cr and a very low debt-to-equity ratio of 0.01. While the specific dividend amount per share was not disclosed in this filing, the company's consistent profitability (FY26 revenue of Rs 181 Cr) supports its capital return policy. Shareholders must be on the register by the record date to be eligible for the payout.

Record date for 1st Interim Dividend fixed as August 21, 2026
Company reported TTM revenue of Rs 181 Cr and PAT of Rs 19 Cr
Promoter holding remains high and stable at 74.65%
Debt remains negligible at Rs 3 Cr against a net worth of Rs 278 Cr

💡 Investors should watch for the subsequent announcement regarding the specific dividend amount (Rs per share) and the actual payment date.

UNIDT Q1 PAT Up 45% YoY to ₹4.3 Cr; Declares ₹0.60 Interim Dividend

🟢 POSITIVE ⭐ 7/10

EARNINGS 📅 10 Aug 2026, 06:48 PM

United Drilling Tools (UNIDT) reported a strong 45.3% YoY growth in consolidated net profit to ₹4.30 crore for Q1 FY27, up from ₹2.96 crore in Q1 FY26. Consolidated revenue grew by a modest 8.9% YoY to ₹34.49 crore, indicating improved operational efficiency or a higher-margin product mix. The board declared a 6% interim dividend of ₹0.60 per share with a record date of August 21, 2026. Additionally, the record date for the FY26 final dividend was fixed for September 11, 2026.

Consolidated Net Profit increased 45.3% YoY to ₹4.30 crore compared to ₹2.96 crore in the previous year's quarter.
Consolidated Revenue from Operations rose 8.9% YoY to ₹34.49 crore from ₹31.67 crore.
Declared 1st Interim Dividend of ₹0.60 per equity share (6% of face value) for FY 2026-27.
Consolidated Basic EPS improved to ₹2.14 from ₹1.45 in the year-ago period.
Fixed August 21, 2026, as the record date for the interim dividend and September 11, 2026, for the FY26 final dividend.

💡 Investors should monitor the company's progress in international markets (Brazil and Venezuela) to see if revenue growth accelerates toward the management's 20-25% target in upcoming quarters.

Rs 48.29 Lakh International Order from Tri Lift Services Inc., USA

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 10 Aug 2026, 11:56 AM

United Drilling Tools Limited (UNIDT) has secured a commercial order from Tri Lift Services Inc., USA, for the supply of Gas Lift Mandrels. The order is valued at approximately Rs 48.29 Lakh and is scheduled for execution within a 4-5 month period. While the order is small, representing only ~0.27% of the company's TTM revenue of Rs 181 Cr, it supports the company's stated strategy of expanding its international footprint and reducing dependency on domestic PSUs like ONGC.

Order value of INR 48,29,175 (approx. Rs 0.48 Cr) from an international entity.
Execution timeline set for 4-5 months from the date of the award.
Contract involves the supply of Gas Lift Mandrels used in the Oil and Gas industry.
Order represents ~0.27% of the company's TTM revenue of Rs 181 Cr.

💡 Investors should monitor if this small international win leads to larger, more material contracts from the US market, which could improve margins compared to domestic PSU tenders.

UNIDT Secures Trial Order from Baker Hughes for New Winch Accessories Category

🟢 POSITIVE ⭐ 6/10

EXPANSION 📅 10 Jul 2026, 01:27 PM

United Drilling Tools Limited (UNIDT) has received a trial order from Baker Hughes Singapore Pte. for the supply of winch accessories. This marks the first time UNIDT will supply this specific product category to Baker Hughes, a global energy technology leader. The order is scheduled for execution within 30 days and serves as a qualification process for potential larger-volume commercial orders. This development aligns with the company's stated strategy to shift its product mix toward high-margin items and diversify its client base beyond domestic PSUs.

Secured a trial order for winch accessories from Baker Hughes Singapore Pte.
Execution timeline set for within 30 days of the order date.
First-time supply of this product category to this specific global client.
Company holds 32 registered trademarks and 14 design patents globally to support its R&D focus.
Successful testing may lead to regular commercial supplies and larger-volume orders.

💡 Investors should monitor future quarterly filings for mentions of repeat orders or 'commercial scale' contracts from Baker Hughes to validate the success of this trial. The execution within 30 days suggests a quick impact on the next quarter's revenue, though the specific value remains undisclosed.

View All UNIDT Announcements on Live Market Tracking →

💰 Financial Performance

Revenue Growth by Segment

The company operates in a single segment (Engineering). Standalone revenue from operations grew by 25.99% YoY, increasing from INR 136.64 Cr in FY24 to INR 172.16 Cr in FY25. Consolidated Total Operating Income (TOI) grew from INR 129.97 Cr in FY24 to INR 168.27 Cr in FY25, representing a CAGR of ~12% for the FY22-FY24 period.

Geographic Revenue Split

While specific regional percentages are not fully disclosed, the company is targeting 10% to 15% of total revenue from exports and private companies. Significant orders have been received from overseas regions including Brazil and Venezuela to boost global presence.

Profitability Margins

Standalone Net Profit Ratio improved significantly from 6.71% in FY24 to 8.65% in FY25 (a 28.92% increase) due to higher net profit after tax. Standalone PAT margins rose from 6.64% in FY24 to 8.52% in FY25, primarily driven by an 8.72% decline in interest costs.

EBITDA Margin

Standalone EBITDA margin stood at 13.56% in FY25, a marginal decrease from 13.95% in FY24 due to increased manufacturing expenses. However, absolute EBITDA grew 27.35% YoY from INR 20.62 Cr to INR 26.26 Cr, reflecting stronger core operational scale.

Capital Expenditure

As of September 30, 2025, Capital Work-in-Progress (CWIP) stood at INR 5.02 Cr (up from INR 3.79 Cr in March 2025). Intangible assets under development were recorded at INR 8.45 Cr, indicating ongoing investment in product development and R&D.

Credit Rating & Borrowing

Infomerics assigned a 'Stable' outlook based on healthy financial risk profiles. Interest costs decreased by 8.72% to INR 2.73 Cr in FY25. Debt protection is strong with an ISCR of 8.55x and DSCR of 5.67x as of March 31, 2025.

⚙️ Operational Drivers

Raw Materials

Steel is the primary raw material. Fluctuations in steel prices (e.g., a 30% increase) have historically impacted profit margins by approximately 15% when back-to-back procurement is not feasible.

Import Sources

Not specifically disclosed by country, though the company utilizes back-to-back arrangements with steel suppliers for PSU orders to mitigate price volatility.

Capacity Expansion

Current capacity in units is not disclosed; however, the company is expanding its product line with two new developed products awaiting clearances, which are expected to contribute to future top-line growth.

Raw Material Costs

Raw material costs are a significant driver; a 30% increase in raw material prices previously led to a 15% dent in profits. The company uses back-to-back arrangements for PSU orders (6-8 month lead times) but faces higher risk on private/export orders where such hedging is unavailable.

Manufacturing Efficiency

The company focuses on operational excellence and cost discipline; however, manufacturing expenses increased in FY25, causing a slight dip in the EBITDA margin from 13.95% to 13.56%.

📈 Strategic Growth

Expected Growth Rate

20-25%

Growth Strategy

Growth will be achieved by expanding into global markets (Brazil, Venezuela), securing approvals for new R&D products, and shifting the product mix toward high-margin items like winches and connectors. The company aims for a long-term revenue target of INR 500-660 Cr with 20-25% PAT margins.

Products & Services

Oil drilling equipment including winches, connectors, gas lift equipment, stabilizers, and casing pipes with connectors.

Brand Portfolio

United Drilling Tools (UDTL).

New Products/Services

Two new products have been developed and are awaiting clearances; these are expected to be added to the top-line in the coming fiscal years.

Market Expansion

Targeting expansion in international markets, specifically mentioning recent significant orders from Brazil and Venezuela to diversify away from PSU dependency.

🌍 External Factors

Industry Trends

The industry is highly regulated with a shift toward advanced drilling technologies. UDTL is positioning itself by developing new high-tech products and expanding its global footprint to capture international demand.

Competitive Landscape

Faces competition from larger international firms; UDTL's smaller scale is a weakness, but its agility and niche product focus provide a competitive edge in specific tender categories.

Competitive Moat

The moat is built on 42 years of promoter experience and established relationships with PSUs. This is sustainable due to the high entry barriers of technical certifications and the custom-built nature of the engineering products.

Macro Economic Sensitivity

Highly sensitive to global crude oil prices and capital expenditure cycles in the oil and gas industry.

Consumer Behavior

Demand is driven by PSU drilling schedules; recent delays were noted as PSUs utilized existing stock post-COVID before resuming new procurement.

Geopolitical Risks

Operations in regions like Venezuela and Brazil introduce geopolitical and regulatory risks associated with international trade and oil sector stability.

⚖️ Regulatory & Governance

Industry Regulations

Subject to stringent quality assurance and testing by end customers (PSUs) and must comply with environmental and safety standards inherent in oil and gas equipment manufacturing.

Environmental Compliance

The company operates in a highly regulated industry with significant exposure to environmental and safety-related hazard regulations.

⚠️ Risk Analysis

Key Uncertainties

Raw material price volatility (steel) and crude oil price fluctuations are key uncertainties that can impact margins by 15% or more and disrupt order visibility.