United Drilling Tools Reports 75.6% Quarter-on-Quarter Revenue Surge in Q2 FY26

United Drilling Tools Ltd (UDTL), a leading manufacturer of oil drilling equipment, has announced impressive financial results for the second quarter of fiscal year 2026, showcasing significant growth across key metrics.

Strong Revenue Growth

UDTL reported a substantial increase in its revenue from operations for Q2 FY26. The company's revenue surged by 75.6% quarter-on-quarter, rising from Rs. 3,166.74 lakhs in Q1 to Rs. 5,560.18 lakhs in Q2. This remarkable growth was attributed to strong execution of orders and increased production activity.

Profitability Boost

The company's profitability saw a significant improvement in Q2 FY26:

Metric	Q2 FY26	Q1 FY26	QoQ Growth
Profit Before Tax (PBT)	813.47	412.52	95.78%
Profit After Tax (PAT)	572.38	291.49	96.30%

The substantial increase in profitability was credited to operational efficiencies, improved capacity utilization, and disciplined cost management.

Year-on-Year Performance

Compared to the same quarter in the previous fiscal year, UDTL demonstrated steady growth:

Revenue: Increased by 7.2% YoY (from Rs. 5,188.35 lakhs in Q2 FY25)
PAT: Grew by 39.7% YoY (from Rs. 409.73 lakhs in Q2 FY25)

Enhanced Shareholder Returns

The company's strong performance translated into improved returns for shareholders, with Earnings Per Share (EPS) rising to Rs. 2.81 in Q2 FY26, up from Rs. 1.43 in Q1 FY26 and Rs. 2.02 in Q2 FY25.

Management Commentary

Mr. Manoj Kumar Arora, Chief Financial Officer of UDTL, commented on the results, highlighting the company's financial flexibility and improved profitability. He emphasized the disciplined approach to cost management, resource allocation, and working-capital efficiency.

Future Outlook

UDTL has secured significant orders from key overseas markets, including Brazil and Venezuela, which is expected to boost the company's performance in upcoming quarters. The management remains focused on expanding margins, strengthening global market presence, and building on the positive momentum in exports.

About United Drilling Tools Ltd

Based in Noida, Uttar Pradesh, UDTL has been a prominent player in the oil drilling equipment manufacturing sector since 1985. The company specializes in producing large OD casing pipes with connectors, wireline & well service equipment, gas lift equipment, and downhole tools. UDTL holds 33 registered trademarks and 14 design patents, showcasing its commitment to innovation and quality in the industry.

As UDTL continues to demonstrate strong fundamentals and a forward-looking strategy, the company appears well-positioned to maintain its growth momentum and deliver consistent value to shareholders in the coming years.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-1.02%	+3.28%	+3.83%	+2.91%	-11.78%	-17.04%

United Drilling Tools Ltd (UDTL) has announced its financial results for the second quarter and half-year ended September 30, 2025, showcasing significant revenue growth and improved profitability.

Quarterly Performance Highlights

UDTL reported a substantial increase in revenue from operations for Q2 FY2026, reaching Rs. 5,560.18 crore, compared to Rs. 3,166.74 crore in the previous quarter and Rs. 5,188.35 crore in the same quarter last year. This represents a quarter-on-quarter growth of 75.6% and a year-on-year increase of 7.2%.

The company's net profit for the quarter stood at Rs. 315.45 crore, up from Rs. 291.49 crore in the previous quarter, marking an 8.2% increase.

Half-Yearly Performance

For the half-year period ended September 30, 2025, UDTL reported:

Revenue from operations: Rs. 8,726.92 crore
Net profit: Rs. 606.94 crore

Financial Metrics

Particulars (in Rs. crore)	Q2 FY2026	Q1 FY2026	Q2 FY2025	H1 FY2026
Revenue from Operations	5,560.18	3,166.74	5,188.35	8,726.92
Net Profit	315.45	291.49	409.73	606.94
Earnings Per Share (Rs.)	2.81	1.43	2.02	4.25

The company's earnings per share (EPS) for Q2 FY2026 stood at Rs. 2.81, compared to Rs. 1.43 in the previous quarter and Rs. 2.02 in the same quarter last year.

Board Approvals and Auditor's Review

The financial results were approved by the company's Board of Directors during a meeting held on November 12, 2025. The results have been reviewed by the Audit Committee and audited by statutory auditors APU Company.

Additionally, the Board approved related party transactions with Praveen Industries Pvt. Ltd., although specific details of these transactions were not disclosed in the financial report.

Balance Sheet Highlights

As of September 30, 2025, UDTL reported:

Total assets: Rs. 38,367.75 crore
Total equity: Rs. 26,929.54 crore
Current assets: Rs. 29,901.73 crore
Current liabilities: Rs. 10,801.97 crore

The company maintains a strong balance sheet with a healthy equity position.

Cash Flow and Liquidity

UDTL's cash flow statement indicates:

Net cash flow from operating activities: Rs. 867.58 crore
Net cash used in investing activities: Rs. 245.43 crore
Net cash flow from financing activities: Rs. 598.30 crore (outflow)

The company ended the period with a cash and cash equivalent balance of Rs. 44.71 crore, showing an improvement from Rs. 20.86 crore at the beginning of the financial year.

United Drilling Tools Ltd's Q2 FY2026 results demonstrate robust revenue growth and improved profitability, indicating a positive trajectory for the company in the engineering segment. The significant increase in revenue, coupled with a rise in net profit, suggests effective operational management and potentially favorable market conditions for the company's products and services.