United Drilling Tools Limited (UNIDT) fair value: what the stock is really worth
As of Oct 1, 2026: fair value of United Drilling Tools Limited ₹266, price ₹240, upside +11.0%, quality 70 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 27, 2026.
How to read this chart
60‑month range ₹146.77 – ₹566.78 · fair‑value band ₹186.12 – ₹345.64 · the ₹239.65 price screens below the ₹265.88 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Sep 27, 2026.
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United Drilling Tools Limited, together with its subsidiary, manufactures and sells OD connectors and casing pipes, wireline winches, gas lift equipments, and downhole tools under the UDT brand in India and internationally.
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United Drilling Tools Limited, together with its subsidiary, manufactures and sells OD connectors and casing pipes, wireline winches, gas lift equipments, and downhole tools under the UDT brand in India and internationally. The company offers, such as leopard, swift, lynx, and puma; turnkey installation services, including provision of service tools, service personnel to supervise the make-ups of the connectors and running the pipe string, thread inspection, and field repair and maintenance of all connectors; and casing pipe with connector joints, loose connectors, and connectors fabrication, as well as welding services. It also provides wireline winch units, including slim split, flyline, truckline, landline, scraping winch, and survey line; and gas lift equipment comprising injection pressure operated gas lift valves (GLV), wireline retrievable orifice and dummy valves, tubing pressure operated GLV, conventional and side pocket mandrels, latches, running and pulling tools, kick over tools, and tubing check valves. In addition, the company offers replaceable/interchangeable sleeve stabilizers and integral blade stabilizers. It serves oil and gas, drilling, and allied industries; government organizations; and private sector companies. The company also exports its products. United Drilling Tools Limited was incorporated in 1985 and is headquartered in Noida, India.
Stock analysis
United Drilling Tools Limited (UNIDT) currently trades at ₹239.65, while our model-based Fair Value estimate is ₹265.88, implying the stock looks roughly 9.9% undervalued today.
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Valuation
Bull case: the DCF Models group reads highest at a median of ₹239.59 per share, and 6 of the 26 models we run sit above the ₹239.65 price.
Bear case: the Dividend Discount group reads lowest at ₹27.22, and 20 of the 26 models stay below the price. Evidence for this calculation is high.
Scenario range: ₹186.12 (bear) to ₹345.64 (bull), the price of ₹239.65 sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 70/100 (solid quality), in the Energy sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
United Drilling Tools Limited reported revenue of ₹1.8B in FY2026 versus ₹1.7B in FY2022, a compound +0.9%/yr. Reported net income was ₹190M in FY2026, compounding −21.5%/yr from FY2022.
Key figures
Market cap ₹4.8B (≈ $50.2M) · P/E ratio 25.5 · P/S ratio 2.67 · EPS (TTM) ₹9.40 · Dividend yield 0.8% · Net margin 10.5% · Return on equity 7.0% · Return on assets (EBIT) 11.2%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 50 out of 100 (low confidence).
What moves the price
The share trades about 8% below its 52-week high and 63% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Energy peers we cover trades at −34% fair-value upside, at 11%, UNIDT screens cheaper than that median.
Fair Value models
Bear ₹186.12Fair Value ₹265.88Bull ₹345.64
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model. Based on fiscal year 2026 figures (about 6 months old). Earnings retained since then (₹3.85 per share) are deliberately not added.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Evidence ⓘEvidence = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.74/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 1 year
+7.6%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+14.8%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+4.9%
Start year 2021 (pandemic). Over 10 years: +17.8% a year
Revenue growth 17 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+13.9%
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What shareholders gained per year (last 5 years), in INR ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Basis: EBIT basis. Measured in INR: this currency has depreciated against the euro and dollar over the long run, so part of the nominal rate is currency erosion that never reaches a EUR/USD investor.
≈ −10.7%
Earnings growth per share plus dividend.
Earnings per share, growth per year−11.5%
Dividend (yield on the price)0.8%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.−15.8% vs −0.8%, slowing
Profit margin 2021 to 2026 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.27% → 15%
Start year 2021 (pandemic)
⚠ Rate on operating basis: 2026 sits 86% above its own trend.
Growth Forecast
A lot of optimism in the price
The price assumes more growth than the company has delivered so far.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+8.1%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect
n/a
No analyst forecast available.
After inflation (India: IMF forecast 4.1% a year to 2030, 4.7% from 2016 to 2025) that is about +3.8% a year for the price.
Compare United Drilling Tools Limited with another stock
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Oil & Gas Equipment & Services · 180 stocks
Beats the industry median on 7/14 measures
A mixed picture versus its industry peers.
Valuation
Quality Score70 · Top 25%
Fair Value upside+10.9% · Above median
Profitability
Return on equity (TTM)7.0% · Below median
Return on assets5.3% · Above median
Net margin (TTM)10.5% · Above median
Operating margin (TTM)14.5% · Above median
Growth and dividend
Revenue growth39.2% · Top 25%
Dividend yield (TTM)0.8% · Below median
Balance sheet
Debt / equity0.00× · Lowest 25%
Valuation Multiplesvs Oil & Gas Equipment & Services median · lower = cheaper
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Is United Drilling Tools Limited (UNIDT) overvalued or undervalued?
As of Sep 27, 2026, our model estimates a fair value of ₹265.88 versus a price of ₹239.65, about +11% upside (undervalued).
What is the fair value of UNIDT?
Our model-based fair value for United Drilling Tools Limited is ₹265.88 (as of Sep 27, 2026), built from audited fundamentals. The current price: ₹239.65.
What is the quality score of UNIDT?
United Drilling Tools Limited has a Quality Score of 70/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for United Drilling Tools Limited (UNIDT)?
Our model-based price target is the fair value of ₹265.88 (as of Sep 27, 2026) from 26 valuation models. Cautious scenario ₹186.12, optimistic scenario ₹345.64. It is a calculation from audited fundamentals, not an analyst target.
What is the United Drilling Tools Limited stock forecast for 2026?
Our models put fair value at ₹265.88, about +11% upside versus a price of ₹239.65 (undervalued). Cautious scenario ₹186.12, optimistic scenario ₹345.64. The calculation is refreshed regularly with new filings.
What is the revenue of United Drilling Tools Limited (UNIDT)?
United Drilling Tools Limited reported trailing-twelve-month revenue of about ₹1.8B (latest available figure, as of Sep 27, 2026).
Does United Drilling Tools Limited pay a dividend?
United Drilling Tools Limited currently shows a dividend yield of about 0.75% relative to its recent price (as of Sep 27, 2026).
What growth is priced into United Drilling Tools Limited (UNIDT)?
For today's price to be fair in a discounted-cash-flow model, United Drilling Tools Limited would have to grow free cash flow by +8.1 % per year for five years (discount rate 11.4 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +4.9 % per year. As of Sep 27, 2026.
What discount rate (WACC) does the fair value of UNIDT use?
Our models discount United Drilling Tools Limited at 11.4 %: a base by market capitalisation (nano), damped by beta 0.71, country premium for India. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For United Drilling Tools Limited that is +8.1 % per year a year over ten years, using the same discount rate (11.4 %) and the same formula as our fair value.
How much growth has United Drilling Tools Limited (UNIDT) delivered so far?
Over the past 5 years revenue at United Drilling Tools Limited grew +4.9 % a year. The price currently implies +8.1 % per year free-cash-flow growth a year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of United Drilling Tools Limited (UNIDT) growing?
The median revenue growth in the sector is +8.6 % a year. That is the yardstick for the growth priced into United Drilling Tools Limited (+8.1 % per year a year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of United Drilling Tools Limited (UNIDT)?
The free-cash-flow yield on the price is 6.73 %: that much free cash flow United Drilling Tools Limited produces per unit of market value. When it exceeds the discount rate of our models (11.4 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of United Drilling Tools Limited (UNIDT)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For United Drilling Tools Limited it is ₹265.88 per share (as of Sep 27, 2026), against a price of ₹239.65. It is the blended result of 26 valuation models (cash flow, earnings, asset, dividend).
Is United Drilling Tools Limited stock overvalued or undervalued in 2026?
As of Sep 27, 2026, UNIDT trades below its calculated fair value: price ₹239.65, fair value ₹265.88, a gap of about +11% (undervalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of UNIDT?
No. The price is what the market pays today (₹239.65); the fair value is what the company's own numbers justify (₹265.88). For United Drilling Tools Limited the two are ₹26.23 per share apart. That gap is exactly why we show both numbers side by side.
How much is United Drilling Tools Limited worth?
The market values United Drilling Tools Limited at about ₹4.8B (market capitalisation, as of Sep 27, 2026). Per share that is ₹239.65; our models calculate a fair value of ₹265.88 per share.
What do the bullish and bearish scenarios say about UNIDT?
Our models span a range for United Drilling Tools Limited: cautious scenario ₹186.12, base ₹265.88, optimistic ₹345.64 per share (as of Sep 27, 2026, price ₹239.65). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of UNIDT?
United Drilling Tools Limited trades at a price-to-earnings ratio of 25.5 (as of Sep 27, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of ₹265.88 is built from several models across several years. Other multiples: P/B 1.7, P/S 2.7, EV/EBITDA 15.3.
How solid is the balance sheet of United Drilling Tools Limited (UNIDT)?
Balance-sheet figures for United Drilling Tools Limited (as of Sep 27, 2026): return on equity 7.0%, debt of 0.00 per unit of equity. They feed the Quality Score of 70/100, which measures business quality independently of the share price.
How far is UNIDT from its 52-week high?
United Drilling Tools Limited trades at ₹239.65, about 8% below its 52-week high of ₹259.76 and 63% above the low of ₹146.77 (as of Oct 1, 2026). Distance from the high says nothing about value: that is what the fair value of ₹265.88 is for.
Which stocks are comparable to United Drilling Tools Limited?
From the same area (Energy) we also value SLB N.V, Baker Hughes Company, TechnipFMC plc, Halliburton Company, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is United Drilling Tools Limited stock attractive at the current price?
The data as of Sep 27, 2026: price ₹239.65, calculated fair value ₹265.88 (+11%), Quality Score 70/100, from 26 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of UNIDT calculated?
We run United Drilling Tools Limited through 26 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of ₹265.88, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 14.5 % above its aggregate fair value. United Drilling Tools Limited currently trades 10 % below its own fair value, and the market average says nothing about that. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of United Drilling Tools Limited (UNIDT)?
The closing price on Oct 1, 2026 was ₹239.65. Our model-based fair value is ₹265.88, about +11% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with United Drilling Tools Limited right now?
A fairly wide model range (₹186.12 to ₹345.64) leaves room in how you read the outcome. The price sits in the lower half of our model range, the side with the larger margin of safety. The data supports the verdict: every model runs on fully documented inputs.
Where does the earnings growth of United Drilling Tools Limited (UNIDT) come from?
Earnings per share at United Drilling Tools Limited grew −2.2 % a year from 2015 to 2026. Broken into its drivers: revenue per share +8.8 %, EBIT margin −3.8 %, tax rate −3.2 %, residual (interest, one-offs) −3.4 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.
Key figures of United Drilling Tools Limited
How large is the market capitalisation of United Drilling Tools Limited (UNIDT)?
The market capitalisation of United Drilling Tools Limited is ₹4.8B (≈ $50.2M). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of United Drilling Tools Limited (UNIDT)?
The price-to-sales ratio of United Drilling Tools Limited is 2.67 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of United Drilling Tools Limited (UNIDT)?
Earnings per share at United Drilling Tools Limited are ₹9.40 (price ÷ EPS = P/E 25.5). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of United Drilling Tools Limited (UNIDT)?
The dividend yield of United Drilling Tools Limited is 0.8% (payout 19.1%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of United Drilling Tools Limited (UNIDT)?
The net margin of United Drilling Tools Limited is 10.5% (fiscal year 2026). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of United Drilling Tools Limited (UNIDT)?
The return on equity (ROE) of United Drilling Tools Limited is 7.0% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of United Drilling Tools Limited (UNIDT)?
On an EBIT basis the return on assets of United Drilling Tools Limited is 11.2% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of United Drilling Tools Limited (UNIDT)?
The operating margin of United Drilling Tools Limited is 14.5% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at United Drilling Tools Limited (UNIDT)?
Revenue at United Drilling Tools Limited is growing +39.2% versus a year earlier (3y avg +14.8%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at United Drilling Tools Limited (UNIDT)?
Earnings per share at United Drilling Tools Limited are growing +27.9% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does United Drilling Tools Limited (UNIDT) carry?
The net debt of United Drilling Tools Limited is ₹16.2M (fiscal year 2026, ≈ 0.0 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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