United Drilling Tools Schedules Board Meeting on May 21, 2026 to Approve Q4 FY2025-26 Results

1 min read     Updated on 18 May 2026, 01:13 PM
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United Drilling Tools Limited has scheduled a Board of Directors meeting for May 21, 2026, at its Noida Corporate Office to approve audited standalone and consolidated financial results for Q4 and the full year ended March 31, 2026 (FY2025-26). The board will also consider recommending a final dividend on equity shares for FY2025-26. The trading window for designated persons remains closed from April 1, 2026, and will reopen 48 hours after the financial results are declared.

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United Drilling Tools Limited has notified BSE Limited and the National Stock Exchange of India Ltd. of an upcoming Board of Directors meeting, pursuant to Regulation 29 & 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The meeting is scheduled to be held on Thursday, May 21, 2026, at 01:00 PM at the company's Corporate Office located at 26th Floor, Astralis Tower, Supernova Complex, Sector-94, Noida - 201301.

Agenda of the Board Meeting

The board will convene to deliberate on several key agenda items pertaining to the company's financial performance and shareholder returns for FY2025-26. The following matters are scheduled for consideration:

Agenda Item: Details
Standalone & Consolidated Financial Results: Audited results for Q4 ended March 31, 2026 (FY2025-26)
Standalone & Consolidated Financial Statements: Audited statements for the year ended March 31, 2026 (FY2025-26)
Final Dividend: Recommendation of final dividend, if any, on equity shares for FY2025-26

Trading Window Closure

In continuation of the company's earlier communication dated March 27, 2026, the trading window for dealing in the securities of the company by its designated persons remains closed from April 1, 2026. The trading window will reopen 48 hours after the declaration of the financial results for the fourth quarter ended March 31, 2026. This measure is in compliance with applicable SEBI regulations governing insider trading restrictions.

The intimation was filed on May 18, 2026, and is digitally signed by Anand Kumar Mishra, Company Secretary (M. No. FCS-7207), on behalf of United Drilling Tools Limited.

Historical Stock Returns for United Drilling Tools

1 Day5 Days1 Month6 Months1 Year5 Years
+5.34%+16.90%+11.00%+18.76%+19.55%-18.23%

How does United Drilling Tools' expected FY2025-26 revenue and profit growth compare to its peers in the oil & gas drilling equipment sector?

What factors could influence the board's decision on the final dividend amount, and how does it reflect the company's cash flow position and future capital expenditure plans?

Given the expansion of drilling activity in India's energy sector, how might United Drilling Tools' order book and backlog for FY2026-27 shape its near-term growth trajectory?

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United Drilling Tools Secures ₹10.35 Cr ONGC Order for Large OD Casing Pipe Supply

1 min read     Updated on 12 May 2026, 04:01 AM
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AI Summary

United Drilling Tools Limited has received a domestic commercial order from ONGC valued at INR 10,35,50,000 for the supply of Large OD casing pipe with multi start connector. The order, disclosed on 11/05/2026 under Regulation 30 of SEBI LODR Regulations, is to be executed within 6 months and does not involve a related party transaction.

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United Drilling Tools Limited has secured a domestic commercial order from Oil and Natural Gas Corporation Limited (ONGC) for the supply of Large OD casing pipe with multi start connector. The order, disclosed on 11/05/2026 pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, carries an estimated contract value of INR 10,35,50,000 (Rupees Ten Crore Thirty Five Lakh Fifty Thousand only).

Order Details

The company disclosed the key parameters of the order in its regulatory filing. The contract is classified as commercial in nature and is to be executed within a period of 6 months. The order has been awarded by a domestic entity and does not constitute a related party transaction, nor does the promoter or promoter group hold any interest in the awarding entity.

The following table summarises the key details of the order as disclosed:

Parameter: Details
Awarding Entity: Oil and Natural Gas Corporation Limited
Nature of Order: Commercial
Scope of Supply: Large OD casing pipe with multi start connector
Domestic / International: Domestic
Execution Period: 6 Months
Estimated Contract Value: INR 10,35,50,000 (Rupees Ten Crore Thirty Five Lakh Fifty Thousand only)
Related Party Transaction: No
Promoter / Promoter Group Interest: No

Regulatory Disclosure

The disclosure was made in accordance with SEBI Master Circular No. SEBI/HO/CFD/CMD1/CIR/P/2024/111 dated November 2024, alongside Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. The filing was signed by Anand Kumar Mishra, Company Secretary (M. No. FCS-7207), on behalf of United Drilling Tools Limited. The order falls within the ordinary course of business for the company, which is engaged in oil drilling equipment manufacturing and services.

Historical Stock Returns for United Drilling Tools

1 Day5 Days1 Month6 Months1 Year5 Years
+5.34%+16.90%+11.00%+18.76%+19.55%-18.23%

Could this ONGC order serve as a springboard for United Drilling Tools to secure larger or repeat contracts with ONGC or other PSU oil companies in the near future?

How might successful execution of this 6-month contract impact United Drilling Tools' order book and revenue visibility for FY2027?

Is United Drilling Tools expanding its manufacturing capacity to handle potential scale-up in demand for Large OD casing pipes amid India's increasing domestic oil exploration activity?

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1 Year Returns:+19.55%