United Drilling Tools Limited

Manufacturer and trader of oil drilling tools, equipment, and accessories, including wire-line winch units and artificial gas lift equipment.

1985 | New Delhi (India) | Active
Last Updated:

United Drilling Tools Profile

Key Indicators

  • Authorised Capital ₹ 47.00 Cr
  • Paid Up Capital ₹ 20.30 Cr
  • Company Age 39 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 66.96 Cr
  • Satisfied Charges ₹ 39.15 Cr
  • Revenue Growth -27.34%
  • Profit Growth -79.79%
  • Ebitda -76.94%
  • Net Worth 2.69%
  • Total Assets 0.21%

About United Drilling Tools

United Drilling Tools Limited (UDTL) is a leading Public Limited Indian Non-Government Company incorporated in India on 24 May 1985 and has a history of 39 years and nine months. Its registered office is in New Delhi, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 522014 and on the National Stock Exchange(NSE) under UNIDT.

The Corporate was formerly known as United Drilling Tools Private Limited. The Company is engaged in the Machinery And Equipment Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 47.00 Cr and a paid-up capital of Rs 20.30 Cr.

The company currently has active open charges totaling ₹66.96 Cr. The company has closed loans amounting to ₹39.15 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at United Drilling Tools Limited India are Manoj Arora as CFO and Anand Mishra as Company Secretary. Pramod Kumar, Kanal Gupta, Pandian Kalyanasundaram, and Three other members serve as directors at the Company.

Company Details

  • Location

    New Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L29199DL1985PLC015796

  • Company No.

    015796

  • Stock Symbol

    BSE : 522014 NSE : UNIDT

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    24 May 1985

  • Date of AGM

    26 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Delhi

Industry

Machinery and Equipment

What products or services does United Drilling Tools Limited offer?

United Drilling Tools Limited offers a wide range of products and services, including Hydraulic Jacks, Lifts & Winches, Winches, Commercial Vehicle Spare Parts, Truck Accessories, Drilling & Boring Equipment, Drilling Rig Tools, PVC, FRP, HDPE & Other Plastic Pipes, Borewell Pipes, Industrial Valves, Gas Valves.

Who are the key members and board of directors at United Drilling Tools?

Executive Team (3)

NameDesignationAppointment DateStatus
Pramod Kumar Country flag representing In Managing Director21-Aug-1985Current
Manoj Arora CFO11-Feb-2023Current
Anand Mishra Company Secretary14-Aug-2023Current

Board Members (5)

NameDesignationAppointment DateStatus
Kanal Gupta Country flag representing In Whole-Time Director 28-Feb-2015Current
Pandian Kalyanasundaram Country flag representing In Director 21-May-2016Current
Ved Mahawar Country flag representing In Director 25-Jun-2021Current
Inderpal Sharma Country flag representing In Whole-Time Director 10-Nov-2016Current
Preet Verma Country flag representing In Director 25-Jun-2021Current

Financial Performance of United Drilling Tools.

United Drilling Tools Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 27.34% decrease. The company also saw a substantial fall in profitability, with a 79.79% decrease in profit. The company's net worth moved up by a moderate rise of 2.69%.

United Drilling Tools revenue growth over time
United Drilling Tools profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-27.34%
Revenue from Operations
-27.42%
Total Assets
0.21%
Profit or Loss
-79.79%
Net Worth
2.69%
EBITDA
-76.94%

What is the Ownership and Shareholding Structure of United Drilling Tools?

In 2022, United Drilling Tools had a promoter holding of 74.65% and a public holding of 25.35%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹66.96 Cr

Satisfied Charges

₹39.15 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 36.78 Cr
  • Indian Bank : 30.18 Cr

Latest Charge Details

DateLenderAmountStatus
27 Dec 2023Axis Bank Limited₹9.55 MOpen
04 Dec 2023Axis Bank Limited₹5.20 MOpen
31 Jan 2020Axis Bank Limited₹35.00 CrOpen
30 Jan 2020Axis Bank Limited₹3.00 MOpen
04 Mar 2009Indian Bank₹30.18 CrOpen

How Many Employees Work at United Drilling Tools?

United Drilling Tools has a workforce of 145 employees as of Mar 31, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for United Drilling Tools Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of United Drilling Tools, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped United Drilling Tools's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on United Drilling Tools

Recent activity within the organization

  • Charges

    A charge registered on 16 Aug 2022 via Charge ID 100604693 with Indian Bank was fully satisfied on 30 Dec 2023.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 0.96 Cr with Charge ID 100844535 was registered on 27 Dec 2023.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 0.52 Cr with Charge ID 100852215 was registered on 04 Dec 2023.

  • Charges

    A charge with Indian Bank of Rs. 30.18 Cr registered on 04 Mar 2009 with Charge ID 10147780 was modified on 18 Oct 2023.

  • Annual General Meeting

    United Drilling Tools Limited last Annual general meeting of members was held on 26 Sep 2023 as per latest MCA records.

  • Charges

    A charge registered on 18 Oct 2017 via Charge ID 100133640 with Others was fully satisfied on 03 Apr 2023.

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of United Drilling Tools Limited?

    United Drilling Tools Limited was incorporated on 24 May 1985.

  • What is authorized share capital and paid-up capital of United Drilling Tools Limited?

    The authorized share capital of United Drilling Tools Limited is ₹ 47.00 Cr and paid-up capital is ₹ 20.30 Cr.

  • Who are the current board members & directors of United Drilling Tools Limited?

    Currently 8 directors are associated with United Drilling Tools Limited.

    • Pramod Gupta Kumar
    • Kanal Gupta
    • Pandian Kalyanasundaram
    • Ved Prakash Mahawar
    • Inderpal Sharma
    • Preet Verma
    • Manoj Kumar Arora
    • Anand Kumar Mishra

  • What is the registered address of United Drilling Tools Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of United Drilling Tools Limited is 139A First Floor Antriksh Bhawan, 22 Kasturba Gandhi Marg India, New Delhi, 110001.

  • What is the corporate identification number (CIN) and company number of United Drilling Tools Limited?

    The corporate identification number (CIN) of United Drilling Tools Limited is L29199DL1985PLC015796 and the company number is 015796 as per Ministry of Corporate Affairs (MCA).

  • Is United Drilling Tools Limited registered with any stock exchange in India?

    Yes, United Drilling Tools Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): UNIDT.

  • What is the official website of United Drilling Tools Limited?

    The Official website of United Drilling Tools Limited is https://www.udtltd.com

  • What has been the recent revenue trend for United Drilling Tools Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for United Drilling Tools Limited has fallen by -27.34%.

  • How many employees does United Drilling Tools Limited currently have?

    As Per 2023 financial reports, 145 employees are currently employed by United Drilling Tools Limited.

  • What change has been observed in the net worth of United Drilling Tools Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of United Drilling Tools Limited has experienced an upsurge of 2.69%.

  • What are the total open charges for United Drilling Tools Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for United Drilling Tools Limited amount to ₹ 66.96 Cr.

  • When was the last Balance Sheet of United Drilling Tools Limited filed with the ROC?

    The most recent Balance Sheet for United Drilling Tools Limited was filed with the ROC on 31 Mar 2023.

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