United Drilling Tools Limited (IN:UNIDT)
:UNIDT
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United Drilling Tools Limited
(UNIDT)
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Rating:75Outperform
Price Target:
₹261.00
▲(29.85% Upside)
Action:Reiterated
Date:05/24/26
The score is driven primarily by strong financial positioning (very low leverage) and improved FY2026 growth/profitability, supported by bullish technical trend signals. The main constraints are valuation that is not clearly cheap (P/E ~18.85) and a low dividend yield, plus historical volatility in cash generation that reduces confidence in durability.
Positive Factors
Very low leverage / conservative balance sheet
Extremely low debt-to-equity (~0.01) gives the company durable financial flexibility to fund working capital, pursue selective capex or endure cyclical downturns without refinancing stress. This conservatism supports long-term resilience and strategic optionality.
Negative Factors
Historically volatile cash flows
Past swings to negative operating and free cash flows make future cash predictability uncertain; reliance on a single strong year is risky. This volatility complicates planning for capex, maintenance, and dividends, and raises sensitivity to industry downturns.
Read all positive and negative factors
Positive Factors
Negative Factors
Very low leverage / conservative balance sheet
Extremely low debt-to-equity (~0.01) gives the company durable financial flexibility to fund working capital, pursue selective capex or endure cyclical downturns without refinancing stress. This conservatism supports long-term resilience and strategic optionality.
Read all positive factors
United Drilling Tools Limited (UNIDT) vs. iShares MSCI India ETF (INDA)
Market Cap
₹4.72B
Dividend Yield0.89%
Average Volume (3M)971.00
Price to Earnings (P/E)15.6
Beta (1Y)1.10
Revenue Growth7.63%
EPS Growth27.22%
CountryIN
Employees186
SectorEnergy
Sector Strength52
IndustryOil & Gas Equipment & Services
Share Statistics
EPS (TTM)7.50
Shares Outstanding20,303,125
10 Day Avg. Volume1,249
30 Day Avg. Volume971
Financial Highlights & Ratios
PEG Ratio0.57
Price to Book (P/B)1.06
Price to Sales (P/S)1.64
P/FCF Ratio9.09
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
United Drilling Tools Limited Business Overview & Revenue Model
Company Description
United Drilling Tools Limited manufactures and sells wire line and well service equipment, gas lift equipment, downhole tools, and OD casing pipes and connectors worldwide. The company offers wireline winch units, including slimsplit, flyline, sur...
How the Company Makes Money
UNIDT makes money primarily by (1) manufacturing and selling drilling tools and related oilfield equipment and (2) providing associated services around these tools. Revenue is generated from customer purchase orders and supply contracts for its pr...
United Drilling Tools Limited Financial Statement Overview
Summary
Income Statement
71
Positive
Balance Sheet
90
Very Positive
Cash Flow
63
Positive
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 1.52B | 1.81B | 1.68B | 1.30B | 1.20B | 1.75B |
| Gross Profit | 574.26M | 474.90M | 620.70M | 302.88M | 222.43M | 922.66M |
| EBITDA | 285.32M | 316.41M | 276.10M | 212.23M | 193.13M | 747.89M |
| Net Income | 152.54M | 189.70M | 150.25M | 93.80M | 102.75M | 500.29M |
Balance Sheet | ||||||
| Total Assets | 3.86B | 3.08B | 3.38B | 3.57B | 2.82B | 2.81B |
| Cash, Cash Equivalents and Short-Term Investments | 33.94M | 16.05M | 16.78M | 24.94M | 22.09M | 22.05M |
| Total Debt | 302.94M | 32.26M | 321.39M | 327.36M | 50.08M | 180.79M |
| Total Liabilities | 1.15B | 282.38M | 734.12M | 1.04B | 345.83M | 416.39M |
| Stockholders Equity | 2.70B | 2.80B | 2.64B | 2.53B | 2.47B | 2.40B |
Cash Flow | ||||||
| Free Cash Flow | 76.89M | 325.70M | 57.61M | -237.43M | 162.49M | 2.48M |
| Operating Cash Flow | 98.22M | 369.44M | 90.42M | -159.56M | 257.05M | 64.09M |
| Investing Cash Flow | -29.92M | -42.84M | -28.23M | -77.42M | 93.03M | 61.61M |
| Financing Cash Flow | -64.48M | -326.32M | -72.03M | 239.82M | -163.98M | -37.21M |
United Drilling Tools Limited Technical Analysis
Positive
201.00
Price Trends
195.79
Positive
192.55
Positive
196.49
Positive
Market Momentum
9.61
Negative
67.20
Neutral
62.65
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:UNIDT, the sentiment is Positive. The current price of 201 is below the 20-day moving average (MA) of 215.30, above the 50-day MA of 195.79, and above the 200-day MA of 196.49, indicating a bullish trend. The MACD of 9.61 indicates Negative momentum. The RSI at 67.20 is Neutral, neither overbought nor oversold. The STOCH value of 62.65 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:UNIDT.
United Drilling Tools Limited Peers Comparison
UnderperformOutperform
Sector (65)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
75 Outperform | ₹4.72B | 15.61 | ― | 0.89% | 7.63% | 27.22% | |
68 Neutral | ₹19.41B | -12.45 | ― | 0.18% | 25.34% | 83.21% | |
65 Neutral | $15.17B | 7.61 | 4.09% | 5.20% | 3.87% | -62.32% | |
60 Neutral | ₹7.58B | 19.23 | ― | 0.40% | 35.64% | 88.77% | |
53 Neutral | ₹5.62B | 404.42 | ― | ― | -0.81% | -21.22% | |
45 Neutral | ₹2.93B | -3.08 | ― | ― | -42.97% | -65.04% | |
39 Underperform | ₹1.04B | 0.97 | ― | ― | -14.31% | 18.47% |
* Energy Sector Average
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United Drilling Tools Limited Corporate Events
United Drilling Tools Publishes FY 2025-26 Results Extract in Newspapers
May 22, 2026
United Drilling Tools Limited has notified the stock exchanges that it has published an extract of its financial results for the fourth quarter and full year ended March 31, 2026 in the newspapers Financial Express and Jansatta, in compliance with...
United Drilling Tools Reshuffles Board Committees After Director’s Term Ends
May 21, 2026
United Drilling Tools has reconstituted several key board committees following the completion of independent director Pandian Kalyanasundaram’s second consecutive term on 20 May 2026. The board, meeting on 21 May, reassigned leadership roles...
United Drilling Tools Clears FY26 Results, Dividend and Governance Changes
May 21, 2026
United Drilling Tools Limited’s board has approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, and plans to disseminate them via the stock exchanges and its website. The board has ...
United Drilling Tools Wins ₹50.3 Million ONGC Order for High-Tech Drilling Stabilizers
Apr 20, 2026
United Drilling Tools Limited has secured a domestic order worth INR 50.30 million from state-owned Oil and Natural Gas Corporation for the supply of high-performance Integral Blade Stabilizers used in drilling operations. The contract, to be exec...
United Drilling Tools Files SEBI Demat Compliance Certificate for March Quarter
Apr 14, 2026
United Drilling Tools Limited has submitted a compliance certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended March 31, 2026, as confirmed by its registrar and share transfer agent,...
United Drilling Tools Wins Rs 57 Lakh Domestic Order for Downhole Tools
Apr 6, 2026
United Drilling Tools Limited has received a domestic commercial order from Aadyashree Drilling International Private Limited for the supply of downhole tools, specifically stabilizers and related accessories. The order, valued at approximately Rs...
United Drilling Tools Wins Rs 3.73 Crore Casing Pipe Order from ONGC
Mar 7, 2026
United Drilling Tools Limited has received a domestic commercial order from Oil and Natural Gas Corporation Limited to supply large outer diameter casing pipes. The order, valued at about Rs 3.73 crore and to be executed within five to six months,...
United Drilling Tools Announces Newspaper Publication of Postal Ballot Notice
Mar 2, 2026
United Drilling Tools Limited has notified the stock exchanges that it has published a notice in the Financial Express and Jansatta regarding a postal ballot dated 14 February 2026, which was dispatched to shareholders on 27 February 2026. The dis...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.