United Drilling Tools Limited
Incorporated in 1985, United Drilling Tools Ltd is in the production and sale of Oil Drilling tools and Equipment
What United files
- Others59
- Updates33
- New Orders24
- Important14
- Dividend/Bonus12
- Board Meeting7
United Drilling Tools has announced its 44th Annual General Meeting (AGM) will be held on September 23 via video conference. The Annual Report for FY26 is now available via web-link, with physical access details sent to unregistered shareholders.
UDTL delivered robust FY26 results with standalone revenue of `181.96 Cr and PAT up 25.74% to `18.76 Cr, driven by improved margins. Key wins include premium casing deployment for OIL and new orders from ONGC/Vedanta, alongside global expansion. Small fines were imposed by exchanges.
United Drilling Tools Ltd. corrected the Record Date for its Final Dividend. The eligibility date for the dividend payout has been revised to a later date than initially informed.
UDTL's Q1 FY27 revenue grew 7.68% to Rs 34.10 Cr; PBT jumped 42.91% to Rs 5.90 Cr, with EBITDA at 20.35%. New orders from ONGC/Vedanta and successful Premium Casing for Oil India highlight operational strength. Government's Rs 84,084 Cr 'Samudra Manthan' scheme creates significant offshore exploration opportunities.
United Drilling Tools (UDTL) won a new order from Baker Hughes Singapore for Winch Accessories. This initial trial marks a new product category for the client. Successful execution within 30 days is key, potentially leading to larger, recurring orders and strengthening the partnership.