United Drilling Tools Profile
Key Indicators
- Authorised Capital ₹ 47.00 Cr
- Paid Up Capital ₹ 20.30 Cr
- Company Age 39 Year, 8 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 eight 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
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Location
New Delhi, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
Industry
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)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Pramod Kumar
|
Managing Director | 21-Aug-1985 | Current |
| Manoj Arora | CFO | 11-Feb-2023 | Current |
| Anand Mishra | Company Secretary | 14-Aug-2023 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Kanal Gupta
|
Whole-Time Director | 28-Feb-2015 | Current |
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Pandian Kalyanasundaram
|
Director | 21-May-2016 | Current |
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Ved Mahawar
|
Director | 25-Jun-2021 | Current |
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Inderpal Sharma
|
Whole-Time Director | 10-Nov-2016 | Current |
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Preet Verma
|
Director | 25-Jun-2021 | Current |
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%.
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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.
Related Corporates (Common Directorship)
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Gradwell Oilfield Private LimitedVed Mahawar is a mutual person
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Dynamic Drilling & Services Private LimitedVed Mahawar is a mutual person
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P Mittal Manufacturing Private LimitedKanal Gupta is a mutual person
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Techrahi Engineering Projects Private Limited
Ved Mahawar is a mutual person
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My Tree India Habitat Council
Ved Mahawar is a mutual person
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Manovriti Welfare Foundation
Ved Mahawar is a mutual person
Charges (Loans)
₹66.96 Cr
₹39.15 Cr
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 36.78 Cr
- Indian Bank : 30.18 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Dec 2023 | Axis Bank Limited | ₹9.55 M | Open |
| 04 Dec 2023 | Axis Bank Limited | ₹5.20 M | Open |
| 31 Jan 2020 | Axis Bank Limited | ₹35.00 Cr | Open |
| 30 Jan 2020 | Axis Bank Limited | ₹3.00 M | Open |
| 04 Mar 2009 | Indian Bank | ₹30.18 Cr | Open |
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.
Deals i
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
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
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.
