United Drilling Tools Limited confirmed that its promoters have not created any encumbrance over the 1,51,55,460 equity shares held by them directly or indirectly during the financial year ended March 31, 2026. The declaration was submitted to the stock exchanges to comply with regulatory requirements regarding the disclosure of encumbrance on promoter holdings.

The disclosure was made in accordance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The confirmation was provided on behalf of the promoters and persons acting in concert with them.

The declaration was submitted by Pramod Kumar Gupta, a Non-Executive Director, on behalf of all promoters. The document was addressed to the Listing Compliance Departments of BSE Limited and National Stock Exchange of India Ltd.

The following promoters and promoter groups were included in the disclosure:

A copy of the declaration was also marked to the Audit Committee of United Drilling Tools Limited for record-keeping purposes.

United Drilling Tools Ltd has reported its audited financial results for the financial year ended March 31, 2026. The company recorded a standalone net profit of ₹1,875.91 lakh for the year, representing an increase from ₹1,491.92 lakh in the previous year. Revenue from operations for FY26 stood at ₹18,195.73 lakh, compared to ₹17,215.66 lakh in FY25.

Financial Performance

For the quarter ended March 31, 2026, the company reported a standalone net profit of ₹467.35 lakh on revenue from operations of ₹4,424.87 lakh. On a consolidated basis, the net profit for the year was ₹1,897.01 lakh, up from ₹1,502.52 lakh in the previous year. Total consolidated revenue for FY26 reached ₹18,442.28 lakh. The board approved the audited financial results, both standalone and consolidated, during a meeting held on May 21, 2026.

The table below summarizes the key financial metrics for the year ended March 31, 2026:

Dividend Recommendation

The board of directors has recommended a final dividend of ₹0.60 per equity share for the financial year 2025-26. This dividend is applicable to equity shares with a face value of ₹10 each and is subject to the approval of shareholders at the ensuing Annual General Meeting. The total dividend for the year, including an interim dividend of ₹1.20 per share already paid, amounts to ₹1.80 per share.

Corporate Governance Updates

During the board meeting, the company also approved the appointment of M/s Grover Lalla & Mehta, Chartered Accountants, as the Internal Auditor for FY 2026-27. Additionally, the board reconstituted several committees, including the Stakeholders Relationship Committee, Risk Management Committee, Audit Committee, Nomination and Remuneration Committee, and Corporate Social Responsibility Committee. The disclosures have been submitted to the stock exchanges for dissemination.