Synopsis:
United Drilling Tools Ltd has secured its first international export order from Argentera Oil and Gas, Brazil, to supply Casing Pipes with multi-start connectors to Petrobras, marking a significant step in its global expansion.
This company is an Indian company specializing in the manufacture and supply of oil drilling equipment and related services is now in the spotlight after securing its first export order from Brazil’s Argentera Oil & Gas.
With market capitalization of Rs. 400cr, the shares of United Drilling Tools Ltd (UDT) are closed at Rs. 196.69 per share, increasing 7% in today’s session making a high of Rs. 204.90, from its previous close of Rs. 196.69 per share.
Fresh order
United Drilling Tools Ltd (UDT) is a leading manufacturer of oil drilling equipment and related services, has received its first international export order from Argentera Oil and Gas, Brazil, for supplying Casing Pipes with multi-start connectors to Petrobras, Brazil. The order is valued at approximately Rs. 1.14 crore, and is to be executed within three months.
This milestone marks the company’s expansion into the international market, with no involvement of promoters or related parties in the contract. The order reflects UDT’s growing global footprint and operational capabilities in delivering specialized oil drilling products, reinforcing its position in both domestic and international markets.
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About the company
United Drilling Tools Ltd (UDT) is an Indian company specializing in the manufacture and supply of oil drilling equipment and related services. With a focus on high-quality drilling tools such as casing pipes and connectors, UDT serves both domestic and international clients, demonstrating strong operational capabilities and a growing footprint in the oilfield services sector.
The company’s sales saw a modest rise, increasing from Rs. 31.11 crore in Q4 FY25 to Rs. 31.67 crore in Q1 FY26. Operating profit grew to Rs. 5.53 crore from Rs. 4.45 crore, while net profit declined from Rs. 3.90 crore to Rs. 2.91 crore over the same period.
Written by Manideep Appana
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