United Drilling Tools reported a significant 20% increase in Q4 profits for FY26 compared to the previous year, reaching INR 4.67 crore. The company also saw a 42% rise in revenue during this period. In addition, they have proposed a final dividend of INR 0.60 per share for FY26.
United Drilling Tools Limited
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United Drilling Tools reported a significant 21% increase in Q4 profit, reaching ₹47 million compared to last year. This surge in earnings was accompanied by a robust 42% jump in revenue to ₹442 million for the same period.
United Drilling Tools Ltd announces a net profit of INR 18.75 crore in their FY26 financial results. Shareholders can expect a final dividend of INR 0.60 per share, bringing the total annual dividend to INR 1.80 per share.
United Drilling secures a ₹10.4 crore deal with ONGC, agreeing to supply large diameter casing pipes with multi-start connectors over the next six months.
United Drilling Tools Ltd (UDTL) has secured a contract worth approximately 3.16 crore INR from Vedanta Cairn for drilling accessories. Despite this win, UDTL shares have seen a 1.3% dip to ₹213.00, following a significant 35.5% rally in the previous month. However, overall sentiment towards the company remains positive.
United Drilling Tools has secured a domestic contract with Vedanta Ltd, worth supplying tubing, pup joints, and related accessories in the upcoming four months. This new business development indicates a positive outlook for both companies in the domestic market.
United Drilling Tools Ltd has won a domestic contract worth ₹5.03 crore from ONGC for Integral Blade Stabilizer supply. The project is expected to be completed within the next 4-5 months, with no conflicts of interest or related party deals involved.
United Drilling Tools has secured a significant order for blade stabilizers from Adil Group, with deliveries scheduled for the next two months.
United Drilling Tools has secured a significant order for Integral Blade Stabilizers from ADiL, demonstrating their technical prowess and competitive edge over Chinese rivals. The order is set to be delivered within the next two months.
United Drilling Tools Ltd secures a Rs. 57.1L domestic contract from Aadyashree Drilling Int'l for downhole tools. The deal involves stabilizers and related accessories, with delivery scheduled within 1.5-2 months under standard business conditions.