United Drilling Tools Ltd

United Drilling Tools has received a repeat order worth Rs 3.88 crore from Vedanta for supply of tubings, pup joints and crossovers.

According to the company's exchange filing, the order is scheduled to be executed within 24 weeks and carries an estimated contract value of Rs 3.88 crore. The company said the contract is not a related-party transaction and that neither its promoters nor promoter group entities have any interest in the deal. Vedanta Iron and Steel (VISL) is an integrated iron and steel company with operations across India and Africa. It operates across the value chain, from iron ore mining to the production of steel, pig iron, wire rods, TMT bars, ductile iron pipes, ferro-silicon, cement and metallurgical coke. The company also operates a 1.5 MTPA integrated steel plant at Bokaro through its wholly owned subsidiary, ESL Steel. United Drilling Tools is a leading manufacturer of oil drilling-related equipment in India and has obtained global quality certifications for its major products. The company reported a 23.1% increase in consolidated net profit to Rs 4.79 crore in the fourth quarter of FY26, compared with Rs 3.89 crore posted in the corresponding quarter last year. Revenue from operations jumped 39.2% year-on-year to Rs 43.32 crore in the quarter ended 31 March 2026. Powered by Capital Market - Live

The order will be executed over a period of 4'5 months and will be carried out in the ordinary course of business through Argentera Oil and Gas. The company clarified that the contract does not fall under related-party transactions, and neither its promoters nor promoter group entities have any interest in the award. United Drilling Tools is a leading manufacturer of oil drilling-related equipment in India and has obtained global quality certifications for its major products. The company reported a 23.1% increase in consolidated net profit to Rs 4.79 crore in the fourth quarter of FY26, compared with Rs 3.89 crore posted in the corresponding quarter last year. Revenue from operations jumped 39.2% year-on-year to Rs 43.32 crore in the quarter ended 31 March 2026. The counter rose 0.61% to Rs 221.35 on the BSE. Powered by Capital Market - Live

United Drilling Tools has received export order from Trident East, Russia for supply of Puma connector used in oil and gas industry. The estimated contract value is Rs 9.53 lakh.

Revenue from operations jumped 39.2% year-on-year to Rs 43.32 crore in the quarter ended 31 March 2026. Profit before tax (PBT) stood at Rs 6.95 crore in Q4 FY26, up 80.1% from Rs 3.86 crore reported in Q4 FY25. For the full financial year FY26, the company posted a 26.2% increase in consolidated net profit to Rs 18.97 crore, while revenue from operations rose 7.6% year-on-year to Rs 181.12 crore over FY25. Meanwhile, the company's board has recommended a final dividend of Rs 0.60 per equity share of face value Rs 10 each for FY26. The dividend is subject to shareholders' approval at the ensuing Annual General Meeting (AGM). United Drilling Tools is a leading manufacturer of oil drilling-related equipment in India and has obtained global quality certifications for its major products. Powered by Capital Market - Live

United Drilling Tools announced that the Board of Directors of the Company at its meeting held on 21 May 2026, inter alia, have recommended the final dividend of Rs 0.6 per equity Share (i.e. 6%) , subject to the approval of the shareholders.

Net profit of United Drilling Tools rose 23.14% to Rs 4.79 crore in the quarter ended March 2026 as against Rs 3.89 crore during the previous quarter ended March 2025. Sales rose 39.20% to Rs 43.32 crore in the quarter ended March 2026 as against Rs 31.12 crore during the previous quarter ended March 2025. For the full year,net profit rose 26.21% to Rs 18.97 crore in the year ended March 2026 as against Rs 15.03 crore during the previous year ended March 2025. Sales rose 7.64% to Rs 181.12 crore in the year ended March 2026 as against Rs 168.27 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales43.3231.12 39 181.12168.27 8 OPM %17.2016.26 -17.4715.37 - PBDT8.115.12 58 31.3924.87 26 PBT6.953.86 80 26.8519.88 35 NP4.793.89 23 18.9715.03 26 Powered by Capital Market - Live

United Drilling Tools will hold a meeting of the Board of Directors of the Company on 21 May 2026.

The order is scheduled to be executed within four months. The company clarified that neither its promoters nor promoter group entities have any interest in the awarding entity, and the deal does not fall under related-party transactions. United Drilling Tools is a leading manufacturer of oil drilling-related equipment in India and has obtained global quality certifications for its major products. The company has reported a 106.4% surge in consolidated net profit to Rs 5.47 crore on a 49.1% increase in revenue from operations to Rs 50.53 crore in Q3 FY26 as compared with Q3 FY25. The counter shed 0.35% to Rs 215 on the BSE. Vedanta, a subsidiary of Vedanta Resources, is one of the world's leading oil & gas and metals company with significant operations in oil & gas, zinc, lead, silver, copper, iron ore, steel, and aluminium & power across India, South Africa and Namibia. On a consolidated basis, Vedanta's net profit surged 60.98% to Rs 5,710 crore while revenue from operations jumped 36.95% YoY to Rs 23,369 crore in Q3 December 2025. Shares of Vedanta slipped 0.92% to Rs 760 on the BSE.

United Drilling Tools has received a domestic order from Oil and Natural Gas Corporation (ONGC) for the supply of Integral Blade Stabilizer, including accessories, in the ordinary course of business. The estimated contract value is Rs 5.03 crore.