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United Drilling Tools Wins INR 37.28 Million Order from ONGC for Specialized Casing Pipes
United Drilling Tools Limited (UDTL) has secured a significant order valued at INR 37.28 million from ONGC for Large Outer Diameter (OD) casing pipes. The contract is expected to be executed over the next 5-6 months, enhancing short-term revenue visibility. UDTL holds a unique position as the only domestic manufacturer of these specialized products, which are critical for offshore drilling operations. The company anticipates a surge in demand for its oilfield equipment driven by rising global crude oil prices and increased drilling activities.
Key Highlights
Order valued at INR 37.28 million for Large OD casing pipes from ONGC.
Project execution period estimated at 5 to 6 months.
UDTL is the sole Indian supplier for these high-tech specialized drilling products.
Products utilize advanced multi-start thread technology to improve offshore installation efficiency.
Order supports 'Make in India' by reducing import dependence for critical oilfield equipment.
💼 Action for Investors
Investors should view this as a positive development for UDTL, reinforcing its niche market position as a sole domestic supplier. Monitor the company's ability to scale these orders as global drilling activity picks up.
United Drilling Tools Sets Feb 20, 2026, as Record Date for 2nd Interim Dividend
United Drilling Tools Limited (UNIDT) has officially fixed February 20, 2026, as the record date for its second interim dividend for the financial year 2025-26. Shareholders whose names appear in the records of NSDL and CDSL as of this date will be eligible for the payout. This announcement follows the board's decision to distribute profits to shareholders for the current fiscal year. The specific dividend amount and the actual payment date will be disclosed by the company in a subsequent communication.
Key Highlights
Record date for the 2nd interim dividend is fixed as Friday, February 20, 2026.
The dividend distribution pertains to the financial year 2025-26.
Eligibility is determined by the beneficial ownership data from NSDL and CDSL on the record date.
The exact payment date for the dividend will be announced in due course.
💼 Action for Investors
Investors seeking to receive the dividend should ensure they purchase or hold the company's shares before the ex-dividend date. Monitor future filings for the specific dividend amount per share to calculate potential yield.
UNIDT Q3 Net Profit Jumps 108% YoY to ₹5.45 Cr; Declares ₹0.60 Interim Dividend
United Drilling Tools (UNIDT) reported a robust year-on-year performance for the quarter ended December 31, 2025, with net profit surging 108% to ₹5.45 crore. Revenue from operations grew 45% YoY to ₹50.44 crore, though it witnessed a slight sequential decline of 9% compared to Q2 FY26. The company declared a second interim dividend of ₹0.60 per share (6% of face value) with a record date of February 20, 2026. Additionally, the board approved the re-appointment of two independent directors for a second five-year term, ensuring management continuity.
Key Highlights
Net Profit for Q3 FY26 rose 108% YoY to ₹544.69 Lacs from ₹261.54 Lacs in Q3 FY25.
Revenue from operations increased 45% YoY to ₹5,043.94 Lacs compared to ₹3,477.60 Lacs.
Declared 2nd interim dividend of ₹0.60 per equity share (6% on face value of ₹10).
Nine-month net profit for FY26 stands at ₹1,408.56 Lacs, up 27.7% from ₹1,102.42 Lacs YoY.
Board approved re-appointment of Independent Directors Ved Prakash Mahawar and Preet Verma for 5-year terms.
💼 Action for Investors
The significant YoY profit growth and consistent dividend payouts indicate strong operational health; investors may view this as a positive signal for long-term holding. Monitor the upcoming record date of Feb 20 for dividend eligibility.
UNIDT Secures INR 19.71 Million Export Order for Specialized Leopard Dual Seal Connectors
United Drilling Tools (UNIDT) has bagged an export order worth INR 19.71 million from Singapore-based AH&M Energy Services for its specialized Leopard Dual Seal Connectors. This order is significant as it represents the first time this specific technology is being supplied from India for the intended application in Vietnam. The company expects to complete the delivery within a 4-month window. This development underscores UNIDT's technical capability in a niche market with high entry barriers and limited global competition.
Key Highlights
Export order valued at approximately INR 19.71 million for Leopard Dual Seal Connectors
First instance of this specific connector type being supplied from India for the designated application
Delivery timeline set for completion within 4 months for end-user APDS Vietnam Ltd
Product operates in a high-barrier segment with limited global manufacturers
Strengthens the company's international footprint in the safety-critical oil and gas sector
💼 Action for Investors
Investors should view this as a validation of the company's R&D and technical capabilities in high-margin specialized equipment. Monitor if this first-of-its-kind export leads to larger recurring orders from international oil and gas service providers.
United Drilling Tools Secures ₹4.06 Crore Order from ONGC
United Drilling Tools Limited (UNIDT) has received a domestic commercial order from Oil and Natural Gas Corporation Limited (ONGC). The contract involves the supply of specialized equipment including Gas Lift Valves and Side Pocket Mandrels. Valued at approximately ₹4.06 Crores, the order is expected to be executed within a short timeframe of 3 to 4 months. This win demonstrates the company's continued operational engagement with a major state-owned enterprise in the oil and gas sector.
Key Highlights
Order awarded by domestic entity Oil and Natural Gas Corporation Limited (ONGC)
Total estimated contract value is ₹4,05,71,223 (approx. ₹4.06 Crores)
Scope includes supply of Gas Lift Valves, Side Pocket Mandrels, and Orifice Valves
Execution timeline is specified as 3-4 months
💼 Action for Investors
This order reflects steady business momentum and a strong relationship with a key client like ONGC. Investors should monitor the company's quarterly execution performance and any potential for larger scale contract wins in the future.
UNIDT Receives Export Order from Weafri Well Services, Nigeria
United Drilling Tools Limited (UNIDT) has secured an export order from M/s Weafri Well Services Company in Nigeria. The order is for the supply of Wireline Winch, including Power Pack. The estimated contract value is ₹3,26,88,550. The order is expected to be executed within 3 months. This new international order indicates potential revenue growth for the company.
Key Highlights
Export order received from Weafri Well Services Company, Nigeria
Contract value estimated at ₹3,26,88,550
Order to be executed within 3 months
Order is for supply of Wireline Winch including Power Pack
💼 Action for Investors
Investors should monitor UNIDT's progress in fulfilling this export order and its impact on the company's revenue in the coming quarters. Keep an eye on future announcements regarding further international expansions.