Synopsis: United Drilling Tools Ltd (UDTL) gained investor attention after the company announced a new domestic order worth approximately Rs. 10.35 crore from Oil and Natural Gas Corporation (ONGC). The order involves the supply of large OD casing pipes equipped with multi-start connectors for the oil and gas sector.
United Drilling Tools Ltd is engaged in the manufacturing and supply of specialized equipment for the upstream oil and gas industry. The company provides critical products and solutions used in drilling, exploration, and production activities. United Drilling Tools Ltd is engaged in the manufacturing and supply of specialized equipment for the upstream oil and gas industry. The company provides critical products and solutions used in drilling, exploration, and production activities.
United Drilling Tools Ltd currently has a market capitalization of approximately Rs. 444 crore, with the stock trading near Rs. 219 per share up by 8.06% compared to its previous close of Rs. 202.82
The stock touched a 52-week high of Rs. 257 and a 52-week low of Rs. 143. The company has a book value of Rs. 133 per share. The stock is currently trading at a P/E ratio of 24.7, while the company reported ROCE of 7.71% and ROE of 5.79%.
Order Details
United Drilling Tools Ltd announced that it has secured a domestic commercial order from Oil and Natural Gas Corporation Limited (ONGC). Under the contract, the company will supply large OD casing pipes fitted with multi-start connectors for ONGC’s operational requirements in the oil and gas sector.
The total estimated contract value stands at approximately Rs. 10.35 crore. According to the company, the contract is scheduled to be executed within six months. The company also clarified that neither the promoter group nor related parties have any interest in the awarding entity, and the transaction does not fall under related-party transactions.
United Drilling Tools is yet to announce its Q4 FY26 financial results. However, the company’s recent quarterly performance reflected stable operational growth. For the quarter ended December 2025, the company reported revenue from operations of Rs. 50.4 crore compared to Rs. 55.6 crore in September 2025.
Operating profit stood at Rs. 8.5 crore during the quarter, while operating profit margin improved to 16.89%. Profit before tax came in at Rs. 7.6 crore, while net profit stood at Rs. 5.5 crore during the quarter ended December 2025.
United Drilling Tools Ltd’s latest Rs. 10.35 crore ONGC order highlights the company’s continued presence in India’s oil and gas equipment sector. The order win also reflects growing opportunities in domestic energy exploration and drilling activities. Although Q4 FY26 financial results are yet to be announced, the company’s stable operational performance and fresh order inflows continue to support investor confidence.
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