United Drilling Tools Ltd

United Drilling Tools announced that the Board of Directors of the Company at its meeting held on 29 May 2025, inter alia, have recommended the final dividend of Rs 0.6 per equity Share (i.e. 6%) , subject to the approval of the shareholders.Powered by Capital Market - Live

Net profit of United Drilling Tools rose 24.68% to Rs 3.89 crore in the quarter ended March 2025 as against Rs 3.12 crore during the previous quarter ended March 2024. Sales declined 27.22% to Rs 31.12 crore in the quarter ended March 2025 as against Rs 42.76 crore during the previous quarter ended March 2024. For the full year,net profit rose 60.23% to Rs 15.03 crore in the year ended March 2025 as against Rs 9.38 crore during the previous year ended March 2024. Sales rose 29.47% to Rs 168.27 crore in the year ended March 2025 as against Rs 129.97 crore during the previous year ended March 2024. ParticularsQuarter EndedYear EndedMar. 2025Mar. 2024% Var.Mar. 2025Mar. 2024% Var. Sales31.1242.76 -27 168.27129.97 29 OPM %16.2614.80 -15.3716.44 - PBDT5.126.02 -15 24.8718.98 31 PBT3.864.56 -15 19.8813.79 44 NP3.893.12 25 15.039.38 60 Powered by Capital Market - Live

United Drilling Tools will hold a meeting of the Board of Directors of the Company on 29 May 2025.Powered by Capital Market - Live

According to an exchange filing, this strategic order strengthens UDTL's presence in the global oil and gas market. The contract involves the supply of injection pressure operation gas lift valves and side pocket mandrels'key components critical for artificial lift systems in oil wells. The delivery of these components is scheduled over the next three months. The company stated that this order underscores United Drilling Tools commitment to providing advanced technology and top-tier equipment for the oil and gas sector, meeting the diverse and evolving needs of both Indian and international customers. With a focus on innovation, UDTL continues to lead with its cutting-edge solutions, supporting operations across various geographical markets, including Asia, the Middle East, Africa, and beyond. Further, the company added that as part of its vision to continually enhance customer relationships, UDTL is committed to delivering world-class products and services that precisely align with the evolving needs of the oil and gas sector. The company consistently strives to exceed customer expectations, supporting the growth and success of its clients in the ever-changing energy landscape. Manoj Kumar Arora, chief financial officer of the company, stated, 'Selection of our products by Cactus for Oil Services underscores the industry's strong confidence in UDTL's high-quality equipment. We are optimistic about the opportunities ahead and look forward to significantly expanding our business in overseas markets. United Drilling Tools is a leading manufacturer of oil drilling-related equipment in the country. The company has obtained global quality standards for its major products. The company's consolidated net profit rose 9.1% to Rs 2.65 crore in Q3 FY25 as against Rs 2.43 crore posted in Q3 FY24. However, revenue from operations shed marginally to Rs 33.89 crore in Q3 FY25 as compared to Rs 33.95 crore recorded in Q3 FY24. Powered by Capital Market - Live

Shares of Oil India added 2.10% to Rs 386.10 on the BSE. The order involves the supply of a heavy-duty, truck-mounted dual-drum hydraulic wireline unit with a PTO (power take-off). The procurement of these winches, equipped with zone 2 power packs and specialized electrical systems, marks a significant step forward. These winches are specifically designed to operate safely in hazardous environments, such as oil wells with potential explosive gas leaks. These specialized units will be used for executing complex down-hole operations in oil and gas wells for Oil India and will be delivered over a period of 4-6 months. This order marks another milestone in the long-standing relationship between United Drilling Tools and Oil India, reaffirming UDTL's position as a trusted provider of advanced technology and equipment for the oil and gas sector. Over the years, UDTL has built a strong and enduring relationship with both Indian and international customers, consistently delivering top-tier equipment, products, and services to support their operations. Commenting on the order book position, Manoj Kumar Arora, chief financial officer of the company, stated, 'This order further reinforces Oil India Limited's trust in our quality, technical expertise, and commitment to providing cutting-edge solutions for the oil and gas industry. We look forward to continuing our long-standing partnership and contributing to the customer's success with our reliable, high-performance equipment.' United Drilling Tools is a leading manufacturer of oil drilling-related equipment in the country. The company has obtained global quality standards for its major products. Oil India is a state-owned Maharatna under the administrative control of India's Ministry of Petroleum and Natural Gas. As of 31 December 2024, the Government of India held a 56.66% stake in the company.Powered by Capital Market - Live

Net profit of United Drilling Tools rose 9.05% to Rs 2.65 crore in the quarter ended December 2024 as against Rs 2.43 crore during the previous quarter ended December 2023. Sales declined 0.18% to Rs 33.89 crore in the quarter ended December 2024 as against Rs 33.95 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales33.8933.95 0 OPM %15.856.60 - PBDT4.884.73 3 PBT3.613.49 3 NP2.652.43 9 Powered by Capital Market - Live

United Drilling Tools announced that the Board of Directors of the Company at its meeting held on 7 February 2025, inter alia, have recommended the Second Interim dividend of Rs 0.6 per equity Share (i.e. 6%) , subject to the approval of the shareholders.Powered by Capital Market - Live

United Drilling Tools will hold a meeting of the Board of Directors of the Company on 7 February 2025.Powered by Capital Market - Live

The said overseas order comprises the supply of Survey Line Winch and Integral Blade Stabilizers, which are critical tools in advanced drilling operations. The delivery of these high-products is scheduled to be completed over a period of six months, aligning with UDTL's commitment to meeting client requirements with efficiency and excellence. This order highlights UDTL's expertise and firm focus on delivering superior products that cater to the evolving needs of the global drilling industry and also marks the beginning of a long-term strategy to expand further into the international market, it added. The company worked closely with local distributors and partners to ensure that their products aligned with Taiwan's regulatory standards and consumer preferences. Manoj Kumar Arora, chief financial officer (CFO), UDTL, 'This success is the result of our team's dedication, the thorough market analysis we conducted, and our ability to adapt our offerings to meet local demands. Taiwan is an important market for us, and we are eager to continue growing our footprint in Asia.' Magitech International is a renowned service provider specializing in vertical and horizontal drilling industries, catering to sectors such as oilfield, geothermal, deep water wells, HDD, pipe jacking, micro tunneling, tunneling, and underground pipeline projects across Taiwan, Thailand, and China. United Drilling Tools is a leading manufacturer of oil drilling-related equipment in the country. The company has obtained global quality standards for its major products. The company's consolidated net profit rallied 79.2% to Rs 4.14 crore on 55.6% increase in net sales to Rs 48.85 crore in Q2 FY25 over Q2 FY24.Powered by Capital Market - Live

Net profit of United Drilling Tools rose 79.22% to Rs 4.14 crore in the quarter ended September 2024 as against Rs 2.31 crore during the previous quarter ended September 2023. Sales rose 55.62% to Rs 48.85 crore in the quarter ended September 2024 as against Rs 31.39 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales48.8531.39 56 OPM %15.5015.42 - PBDT7.354.85 52 PBT6.203.58 73 NP4.142.31 79 Powered by Capital Market - Live