United Drilling Tools wins ₹0.87 crore order from Argentera Oil and Gas
United Drilling Tools (BSE: UNIDT) said it has received an order from Argentera Oil and Gas, valued at ₹0.87 crore. The company is valued at about ₹359 crore.
What happened
United Drilling Tools (BSE: UNIDT) informed the stock exchanges on 28 October 2026 at 04:26 PM that it has received an order from Argentera Oil and Gas, valued at ₹0.87 crore. The scope of work: Supply of products to Petrobras through Argentera Oil and Gas. The company classified the order as international.
From the filing: "SEBI/HO/CFD/CMD1/CIR/P/2024/111 dated November 2024, we are pleased to inform that the Company has received export order from M/s Argentera Oil and Gas, Brazil for the supply of Casing Pipe with multi start Connector in the ordinary course of business."
How big is it?
At ₹0.87 crore, the order is equal to about 0.2% of the company's market value of ₹359 crore and 0.5% of its revenue over the last four reported quarters (₹184 crore).
Relative to the company's annual revenue, it is a modest addition.
Company snapshot
United Drilling Tools is a micro-cap company, with a market value of about ₹359 crore.
The stock last traded at ₹176.8, against a 52-week range of ₹146–₹272 (35.0% below the high).
Before this filing the shares had moved −24.8% over the month and −21.8% over three months. Average daily turnover over the last 20 sessions was about ₹0.85 crore.
Promoters held 74.65% at the end of Q1 FY27. Foreign institutions owned 0.42% and domestic institutions 0.01%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 32 | 3 | 1.45 |
| Q2 FY26 | 56 | 5.8 | 2.83 |
| Q3 FY26 | 51 | 5.5 | 2.69 |
| Q4 FY26 | 43 | 4.8 | 2.43 |
| Q1 FY27 | 34 | 4.3 | 2.14 |
What history shows
BCEIE's records show 12 or more previous order win filings from the company since May 2026.
After those filings, the stock fell 0.2% on average the next trading day and was up 1.0% on average after five days (8 filings with price data).
Market-wide, 2,056 order win filings with an impact score of 50 or more saw an average next-day move of +0.8%, with 53% rising.
Past reactions describe what happened before; they are not a forecast.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 19 Sept 2026 | Bagging/Receiving of orders/contracts | −5.2% | +2.1% |
| 10 Sept 2026 | Bagging/Receiving of orders/contracts | +0.2% | −2.8% |
| 10 Aug 2026 | Awarding of order(s)/contract(s) | −0.9% | −2.6% |
| 10 Jul 2026 | A press release dated July 10, 2026, titled "Award of Order". | −1.2% | −2.3% |
| 10 Jul 2026 | Order win | −1.2% | −2.3% |
What to watch
- Execution progress and revenue recognition from this order in the coming quarters.
In the news
Recent coverage elsewhere (links open the original publisher):
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.