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United Drilling Tools reconstituted its board committees following Mr. Pandian Kalyanasundaram's tenure completion. These administrative changes ensure continued governance compliance and oversight.
United Drilling Tools Ltd confirmed an unmodified audit opinion for fiscal year 2025-26. This certification validates the integrity of the company's standalone and consolidated financials.
United Drilling Tools recommended a final dividend of Rs. 0.60 per share for FY 2025-26. This distribution remains subject to shareholder approval at the AGM.
United Drilling Tools appointed M/s Grover Lalla & Mehta as Internal Auditor for FY 2026-27. The firm brings over 29 years of corporate law experience.
United Drilling Tools Ltd reported revenue from operations of ₹43.3 Cr (+39.2% YoY) and net profit of ₹4.8 Cr (+23.1% YoY) for Q4 FY26.
United Drilling Tools reported audited FY26 financial results and recommended a ₹0.60 final dividend. Total dividend for the year reached ₹1.80 per share.
Independent Director Mr. Pandian Kalyanasundaram ceased his tenure at United Drilling Tools on May 20, 2026. This follows the completion of his second consecutive term.
United Drilling Tools scheduled a board meeting for May 21, 2026. Directors will consider FY2025-26 audited financial results and recommend a final dividend.
United Drilling Tools secured a ₹10.36 Crore order from ONGC for large OD casing pipes. The domestic contract will be executed within six months.
United Drilling Tools Ltd has secured a domestic order worth ₹3.17 Crore from Vedanta Limited (Cairn Oil & Gas). The contract involves supplying Tubing, Pup Joints, and Crossovers over a 4-month period, strengthening its domestic order book.
United Drilling Tools Ltd secured a ₹5.03 Crore order from ONGC for the supply of high-performance Integral Blade Stabilizers. The contract is expected to be executed within four to five months. This win reinforces UDTL's position as a specialized manufacturer for India's public sector oil and gas giants.
United Drilling Tools Ltd has secured a domestic order valued at approximately ₹5.04 Crore from ONGC. The contract involves the supply of Integral Blade Stabilizers and accessories, with an execution timeline of 4-5 months.
United Drilling Tools Ltd reported net profit of ₹5.5 Cr (+103.7% YoY) for Q3 FY26.
United Drilling Tools Limited secured a domestic order from ADiL Group for Integral Blade Stabilizers, outperforming global competition. The contract is scheduled for completion within two months. This milestone marks the company's first win against established Chinese manufacturers, demonstrating its strong engineering capabilities in high-precision oil and gas drilling equipment.
United Drilling Tools Ltd has secured a domestic commercial order worth ₹0.57 Crore from Aadyashree Drilling International Private Limited. The contract involves the supply of Stabilizers and accessories, with an execution timeline of 1.5 to 2 months, supporting the company's short-term revenue visibility.