UNITED DRILLING TOOLS LTD.

United Drilling Tools Ltd. (UDTL) has secured a new order worth INR 16.61 lakh from Shivganga Drillers Limited for the supply of various types of Stabilizers. This marks the first order from Shivganga Drillers and is intended for performance evaluation. UDTL is confident in its product quality, having previously supplied similar stabilizers to other private and public sector clients with positive results. The order is expected to be executed within 1-2 months, reinforcing UDTL's focus on engineering innovation and reliable execution in the oil and gas sector.

United Drilling Tools Ltd has received a domestic order from M/s ShivGanga Drillers Limited for the supply of Stabilizer(s) used in the Oil and Gas Industry. The estimated contract value is ₹16,61,582 and the order is to be executed within 01 month. The company has confirmed that this order does not involve related party transactions and that no promoter/promoter group companies have any interest in the entity that awarded the order.

United Drilling Tools Limited (UDTL) announced its FY26 results, with revenue from operations reported at ₹18,195.73 Lac and a net profit of ₹1,875.91 Lac. The company's Q4 FY26 revenue stood at ₹4,424.87 Lac, with a net profit of ₹467.35 Lac. The company reported a 5.69% increase in total income from operations for FY26 and a 25.74% increase in net profit compared to FY25. The company's EPS increased by 26.87% from ₹7.33 to ₹9.30.

United Drilling Tools Ltd. announced the reconstitution of several board committees following the completion of Mr. Pandian Kalyanasundaram's term as an Independent and Non-Executive Director on May 20, 2026. The Board of Directors approved these changes on May 21, 2026. Key changes include the reconstitution of the Audit Committee, Stakeholders Relationship Committee, Nomination and Remuneration Committee, Corporate Social Responsibility Committee, and Risk Management Committee with revised compositions and designations.

United Drilling Tools Ltd has declared that their statutory auditors, M/s A P U & Co., Chartered Accountants, have issued an audit report with an unmodified opinion on the audited financial results (standalone & consolidated) for the financial year ended March 31, 2026. This declaration is pursuant to regulation 33(3)(d) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The Board of Directors of United Drilling Tools Ltd, in its meeting held on May 21, 2025, recommended a final dividend of ₹0.60 per equity share with a face value of ₹10 each for the financial year 2025-26. The dividend is subject to the approval of shareholders at the upcoming Annual General Meeting (AGM). If approved, the dividend will be paid/dispatched within the timelines prescribed under the Companies Act, 2013 and SEBI LODR Regulations.

United Drilling Tools Ltd has appointed M/s Grover Lalla & Mehta, Chartered Accountants, as the Internal Auditor for the financial year 2026-27. The appointment was approved by the Board of Directors at its meeting held on May 21, 2026. M/s Grover Lalla & Mehta, represented by Mr. Pankaj Bansal, has over 29 years of experience in corporate laws, secretarial audits, internal audits, due diligence, and corporate legal matters consultancy. There is no relationship between the appointed auditor and any Director/KMP/Senior Management of the Company.

United Drilling Tools Ltd approved its audited financial results for the quarter and year ended March 31, 2026. The board recommended a final dividend of ₹0.60 per equity share (6%) for FY 2025-26, subject to shareholder approval. Additionally, M/s Grover Lalla & Mehta were appointed as Internal Auditors for FY 2026-27, and various board committees were reconstituted.

United Drilling Tools Ltd's board meeting on May 21, 2025, approved audited financial results for the year ended March 31, 2026, and recommended a final dividend of ₹0.60 per equity share (6%) subject to shareholder approval. M/s Grover Lalla & Mehta were appointed as Internal Auditor for FY 2026-27. The board also reconstituted various committees including Stakeholders Relationship, Risk Management, Audit, Nomination and Remuneration, and Corporate Social Responsibility.

United Drilling Tools Ltd has scheduled a Board of Directors meeting on May 21, 2026, to approve the audited financial results (standalone & consolidated) for the fourth quarter and financial year ended March 31, 2026. The board will also consider recommending a final dividend for FY 2025-26. The trading window remains closed from April 1, 2026, and will open 48 hours after the declaration of the financial results.