United Drilling Tools Ltd

United Drilling Tools Ltd

₹ 234 -0.17%
22 Nov - close price
About

Incorporated in 1985, United Drilling Tools Ltd is in the production and sale of Oil Drilling tools and Equipment[1]

Key Points

Business Overview:[1][2]
UDT is a manufacturer of Large OD multi-start casing connectors and casing pipes, wireline winches, artificial gas lift equipment downhole tools, and high-performance connectors, used in the oil, gas, drilling, and allied industries.

  • Market Cap 476 Cr.
  • Current Price 234
  • High / Low 319 / 195
  • Stock P/E 33.9
  • Book Value 128
  • Dividend Yield 0.77 %
  • ROCE 6.23 %
  • ROE 3.75 %
  • Face Value 10.0

Pros

  • Company is almost debt free.
  • Company is expected to give good quarter
  • Company has been maintaining a healthy dividend payout of 27.7%

Cons

  • Company has high debtors of 153 days.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
50.43 52.14 40.60 37.12 34.26 26.51 22.42 17.59 31.39 33.95 42.76 54.42 48.85
27.54 32.57 28.65 31.45 30.52 21.96 16.64 13.90 26.55 31.71 36.43 46.54 41.29
Operating Profit 22.89 19.57 11.95 5.67 3.74 4.55 5.78 3.69 4.84 2.24 6.33 7.88 7.56
OPM % 45.39% 37.53% 29.43% 15.27% 10.92% 17.16% 25.78% 20.98% 15.42% 6.60% 14.80% 14.48% 15.48%
0.47 0.61 -0.57 0.10 0.13 0.16 -0.05 0.14 0.75 3.71 0.27 0.23 0.09
Interest 0.17 0.08 0.32 0.36 0.25 0.16 0.05 0.45 0.74 1.22 0.58 0.60 0.30
Depreciation 0.76 0.76 0.84 0.95 0.99 1.06 1.42 1.22 1.27 1.24 1.46 1.29 1.16
Profit before tax 22.43 19.34 10.22 4.46 2.63 3.49 4.26 2.16 3.58 3.49 4.56 6.22 6.19
Tax % 31.12% 32.26% 29.94% 29.37% 15.97% 40.11% 32.86% 29.63% 35.47% 30.37% 31.80% 30.06% 33.28%
15.45 13.10 7.17 3.15 2.21 2.08 2.85 1.53 2.31 2.43 3.12 4.34 4.14
EPS in Rs 7.61 6.45 3.53 1.55 1.09 1.02 1.40 0.75 1.14 1.20 1.54 2.14 2.04
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Mar 2023 Mar 2024 TTM
175 120 130 180
101 101 109 156
Operating Profit 74 19 21 24
OPM % 42% 16% 16% 13%
1 1 1 4
Interest 1 1 3 3
Depreciation 3 4 5 5
Profit before tax 71 15 14 20
Tax % 30% 31% 32%
50 10 9 14
EPS in Rs 24.64 5.06 4.62 6.92
Dividend Payout % 9% 36% 39%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 84%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 60%
Stock Price CAGR
10 Years: 24%
5 Years: 17%
3 Years: -19%
1 Year: -6%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: 4%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 20 20 20 20
Reserves 219 227 233 239
18 5 33 4
24 30 71 25
Total Liabilities 281 282 357 288
40 60 59 65
CWIP 19 5 9 3
Investments 0 0 0 0
222 216 289 220
Total Assets 281 282 357 288

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Mar 2023 Mar 2024
6 26 -16
-6 -9 -8
-4 -16 24
Net Cash Flow -3 0 0

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Mar 2023 Mar 2024
Debtor Days 88 104 153
Inventory Days 533 656 897
Days Payable 34 66 268
Cash Conversion Cycle 587 694 781
Working Capital Days 343 511 564
ROCE % 6% 6%

Shareholding Pattern

Numbers in percentages

Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
74.65% 74.65% 74.65% 74.65% 74.65% 74.65% 74.65% 74.65% 74.65% 74.65% 74.65% 74.65%
0.78% 0.33% 0.33% 0.35% 0.31% 0.31% 0.38% 0.35% 0.35% 0.54% 0.57% 0.68%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.01% 0.01%
24.58% 25.03% 25.02% 24.99% 25.04% 25.04% 24.98% 25.00% 25.00% 24.82% 24.77% 24.66%
No. of Shareholders 12,13813,84713,70614,36815,78715,48716,53915,79416,18015,64715,35615,293

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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