United Drilling Tools Ltd Share Price – NSE /  BSE

Capital Goods-Non Electrical Equipment, Small Cap

According to an exchange filing, this strategic order strengthens UDTL?s presence in the global oil and gas market. The contract involves the supply of injection pressure operation gas lift valves and side pocket mandrels?key components critical for artificial lift systems in oil wells. The delivery of these components is scheduled over the next three months.

The company stated that this order underscores United Drilling Tools commitment to providing advanced technology and top-tier equipment for the oil and gas sector, meeting the diverse and evolving needs of both Indian and international customers. With a focus on innovation, UDTL continues to lead with its cutting-edge solutions, supporting operations across various geographical markets, including Asia, the Middle East, Africa, and beyond.

Further, the company added that as part of its vision to continually enhance customer relationships, UDTL is committed to delivering world-class products and services that precisely align with the evolving needs of the oil and gas sector. The company consistently strives to exceed customer expectations, supporting the growth and success of its clients in the ever-changing energy landscape.

Manoj Kumar Arora, chief financial officer of the company, stated, ?Selection of our products by Cactus for Oil Services underscores the industry's strong confidence in UDTL?s high-quality equipment. We are optimistic about the opportunities ahead and look forward to significantly expanding our business in overseas markets.

United Drilling Tools is a leading manufacturer of oil drilling-related equipment in the country. The company has obtained global quality standards for its major products.

The company?s consolidated net profit rose 9.1% to Rs 2.65 crore in Q3 FY25 as against Rs 2.43 crore posted in Q3 FY24. However, revenue from operations shed marginally to Rs 33.89 crore in Q3 FY25 as compared to Rs 33.95 crore recorded in Q3 FY24.

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Shares of Oil India added 2.10% to Rs 386.10 on the BSE.

The order involves the supply of a heavy-duty, truck-mounted dual-drum hydraulic wireline unit with a PTO (power take-off).

The procurement of these winches, equipped with zone 2 power packs and specialized electrical systems, marks a significant step forward. These winches are specifically designed to operate safely in hazardous environments, such as oil wells with potential explosive gas leaks.

These specialized units will be used for executing complex down-hole operations in oil and gas wells for Oil India and will be delivered over a period of 4-6 months.

This order marks another milestone in the long-standing relationship between United Drilling Tools and Oil India, reaffirming UDTL's position as a trusted provider of advanced technology and equipment for the oil and gas sector.

Over the years, UDTL has built a strong and enduring relationship with both Indian and international customers, consistently delivering top-tier equipment, products, and services to support their operations.

Commenting on the order book position, Manoj Kumar Arora, chief financial officer of the company, stated, ?This order further reinforces Oil India Limited?s trust in our quality, technical expertise, and commitment to providing cutting-edge solutions for the oil and gas industry.

We look forward to continuing our long-standing partnership and contributing to the customer?s success with our reliable, high-performance equipment.?

United Drilling Tools is a leading manufacturer of oil drilling-related equipment in the country. The company has obtained global quality standards for its major products.

Oil India is a state-owned Maharatna under the administrative control of India's Ministry of Petroleum and Natural Gas. As of 31 December 2024, the Government of India held a 56.66% stake in the company.

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Net profit of United Drilling Tools rose 9.05% to Rs 2.65 crore in the quarter ended December 2024 as against Rs 2.43 crore during the previous quarter ended December 2023. Sales declined 0.18% to Rs 33.89 crore in the quarter ended December 2024 as against Rs 33.95 crore during the previous quarter ended December 2023.

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Shares of Oil India added 2.10% to Rs 386.10 on the BSE.

The order involves the supply of a heavy-duty, truck-mounted dual-drum hydraulic wireline unit with a PTO (power take-off).

The procurement of these winches, equipped with zone 2 power packs and specialized electrical systems, marks a significant step forward. These winches are specifically designed to operate safely in hazardous environments, such as oil wells with potential explosive gas leaks.

These specialized units will be used for executing complex down-hole operations in oil and gas wells for Oil India and will be delivered over a period of 4-6 months.

This order marks another milestone in the long-standing relationship between United Drilling Tools and Oil India, reaffirming UDTL's position as a trusted provider of advanced technology and equipment for the oil and gas sector.

Over the years, UDTL has built a strong and enduring relationship with both Indian and international customers, consistently delivering top-tier equipment, products, and services to support their operations.

Commenting on the order book position, Manoj Kumar Arora, chief financial officer of the company, stated, ?This order further reinforces Oil India Limited?s trust in our quality, technical expertise, and commitment to providing cutting-edge solutions for the oil and gas industry.

We look forward to continuing our long-standing partnership and contributing to the customer?s success with our reliable, high-performance equipment.?

United Drilling Tools is a leading manufacturer of oil drilling-related equipment in the country. The company has obtained global quality standards for its major products.

Oil India is a state-owned Maharatna under the administrative control of India's Ministry of Petroleum and Natural Gas. As of 31 December 2024, the Government of India held a 56.66% stake in the company.

Powered by Capital Market - Live News

Net profit of United Drilling Tools rose 9.05% to Rs 2.65 crore in the quarter ended December 2024 as against Rs 2.43 crore during the previous quarter ended December 2023. Sales declined 0.18% to Rs 33.89 crore in the quarter ended December 2024 as against Rs 33.95 crore during the previous quarter ended December 2023.

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United Drilling Tools announced that the Board of Directors of the Company at its meeting held on 7 February 2025, inter alia, have recommended the Second Interim dividend of Rs 0.6 per equity Share (i.e. 6%) , subject to the approval of the shareholders.

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According to an exchange filing, this strategic order strengthens UDTL?s presence in the global oil and gas market. The contract involves the supply of injection pressure operation gas lift valves and side pocket mandrels?key components critical for artificial lift systems in oil wells. The delivery of these components is scheduled over the next three months.

The company stated that this order underscores United Drilling Tools commitment to providing advanced technology and top-tier equipment for the oil and gas sector, meeting the diverse and evolving needs of both Indian and international customers. With a focus on innovation, UDTL continues to lead with its cutting-edge solutions, supporting operations across various geographical markets, including Asia, the Middle East, Africa, and beyond.

Further, the company added that as part of its vision to continually enhance customer relationships, UDTL is committed to delivering world-class products and services that precisely align with the evolving needs of the oil and gas sector. The company consistently strives to exceed customer expectations, supporting the growth and success of its clients in the ever-changing energy landscape.

Manoj Kumar Arora, chief financial officer of the company, stated, ?Selection of our products by Cactus for Oil Services underscores the industry's strong confidence in UDTL?s high-quality equipment. We are optimistic about the opportunities ahead and look forward to significantly expanding our business in overseas markets.

United Drilling Tools is a leading manufacturer of oil drilling-related equipment in the country. The company has obtained global quality standards for its major products.

The company?s consolidated net profit rose 9.1% to Rs 2.65 crore in Q3 FY25 as against Rs 2.43 crore posted in Q3 FY24. However, revenue from operations shed marginally to Rs 33.89 crore in Q3 FY25 as compared to Rs 33.95 crore recorded in Q3 FY24.

Powered by Capital Market - Live News

Shares of Oil India added 2.10% to Rs 386.10 on the BSE.

The order involves the supply of a heavy-duty, truck-mounted dual-drum hydraulic wireline unit with a PTO (power take-off).

The procurement of these winches, equipped with zone 2 power packs and specialized electrical systems, marks a significant step forward. These winches are specifically designed to operate safely in hazardous environments, such as oil wells with potential explosive gas leaks.

These specialized units will be used for executing complex down-hole operations in oil and gas wells for Oil India and will be delivered over a period of 4-6 months.

This order marks another milestone in the long-standing relationship between United Drilling Tools and Oil India, reaffirming UDTL's position as a trusted provider of advanced technology and equipment for the oil and gas sector.

Over the years, UDTL has built a strong and enduring relationship with both Indian and international customers, consistently delivering top-tier equipment, products, and services to support their operations.

Commenting on the order book position, Manoj Kumar Arora, chief financial officer of the company, stated, ?This order further reinforces Oil India Limited?s trust in our quality, technical expertise, and commitment to providing cutting-edge solutions for the oil and gas industry.

We look forward to continuing our long-standing partnership and contributing to the customer?s success with our reliable, high-performance equipment.?

United Drilling Tools is a leading manufacturer of oil drilling-related equipment in the country. The company has obtained global quality standards for its major products.

Oil India is a state-owned Maharatna under the administrative control of India's Ministry of Petroleum and Natural Gas. As of 31 December 2024, the Government of India held a 56.66% stake in the company.

Powered by Capital Market - Live News

Net profit of United Drilling Tools rose 9.05% to Rs 2.65 crore in the quarter ended December 2024 as against Rs 2.43 crore during the previous quarter ended December 2023. Sales declined 0.18% to Rs 33.89 crore in the quarter ended December 2024 as against Rs 33.95 crore during the previous quarter ended December 2023.

Powered by Capital Market - Live News

Shares of Oil India added 2.10% to Rs 386.10 on the BSE.

The order involves the supply of a heavy-duty, truck-mounted dual-drum hydraulic wireline unit with a PTO (power take-off).

The procurement of these winches, equipped with zone 2 power packs and specialized electrical systems, marks a significant step forward. These winches are specifically designed to operate safely in hazardous environments, such as oil wells with potential explosive gas leaks.

These specialized units will be used for executing complex down-hole operations in oil and gas wells for Oil India and will be delivered over a period of 4-6 months.

This order marks another milestone in the long-standing relationship between United Drilling Tools and Oil India, reaffirming UDTL's position as a trusted provider of advanced technology and equipment for the oil and gas sector.

Over the years, UDTL has built a strong and enduring relationship with both Indian and international customers, consistently delivering top-tier equipment, products, and services to support their operations.

Commenting on the order book position, Manoj Kumar Arora, chief financial officer of the company, stated, ?This order further reinforces Oil India Limited?s trust in our quality, technical expertise, and commitment to providing cutting-edge solutions for the oil and gas industry.

We look forward to continuing our long-standing partnership and contributing to the customer?s success with our reliable, high-performance equipment.?

United Drilling Tools is a leading manufacturer of oil drilling-related equipment in the country. The company has obtained global quality standards for its major products.

Oil India is a state-owned Maharatna under the administrative control of India's Ministry of Petroleum and Natural Gas. As of 31 December 2024, the Government of India held a 56.66% stake in the company.

Powered by Capital Market - Live News

Net profit of United Drilling Tools rose 9.05% to Rs 2.65 crore in the quarter ended December 2024 as against Rs 2.43 crore during the previous quarter ended December 2023. Sales declined 0.18% to Rs 33.89 crore in the quarter ended December 2024 as against Rs 33.95 crore during the previous quarter ended December 2023.

Powered by Capital Market - Live News

United Drilling Tools announced that the Board of Directors of the Company at its meeting held on 7 February 2025, inter alia, have recommended the Second Interim dividend of Rs 0.6 per equity Share (i.e. 6%) , subject to the approval of the shareholders.

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