United Drilling Tools' Q2 FY 2025-26 Quarterly Results

Result Summary

• United Drilling Tools Ltd reported a 77.5% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 16.0%.
• Its expenses for the quarter were up by 74.6% QoQ and 13.8% YoY.
• The net profit increased 94.3% QoQ and increased 38.9% YoY.
• The earnings per share (EPS) of United Drilling Tools Ltd stood at 2.83 during Q2 FY 2025-26.

Financial Statments for Q2 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

United Drilling Tools Ltd is a prominent company in the drilling and oilfield equipment industry. The company specializes in the manufacture and supply of high-quality drilling products and tools, including wireline and well service equipment, gas lift equipment, and large OD casing connectors. These products are critical in the oil exploration and extraction processes. United Drilling Tools Ltd operates in a sector that is heavily influenced by global oil prices and exploration activities. While specific recent developments about the company are not available, the industry itself has been seeing a shift towards more sustainable practices and technological advancements to enhance efficiency and reduce environmental impacts.

Revenue

In the second quarter of the fiscal year 2026 (Q2FY26), United Drilling Tools Ltd reported a total income of ₹56.78 crores. This represents a significant increase of 77.5% compared to the first quarter of the same fiscal year (Q1FY26), where the total income was ₹31.99 crores. When compared to the same quarter in the previous fiscal year (Q2FY25), there is a year-over-year increase of 16.0%, with the total income then being ₹48.93 crores. These figures highlight a substantial growth in revenue both on a quarterly and yearly basis.

Profitability

The profitability metrics for United Drilling Tools Ltd in Q2FY26 indicate a notable improvement. The company reported a profit before tax of ₹8.17 crores, which is an increase of 96.9% compared to ₹4.15 crores in Q1FY26. Compared to Q2FY25, there is a year-over-year increase of 31.8%, with the previous year's profit before tax standing at ₹6.20 crores. The profit after tax for Q2FY26 was ₹5.75 crores, marking a 94.3% increase from the previous quarter's ₹2.96 crores and a 38.9% increase from the previous year's ₹4.14 crores. Earnings per share (EPS) also saw a growth, with Q2FY26 figures at ₹2.83, up 95.2% from the previous quarter and 38.7% from the previous year.

Operating Metrics

Operating expenses for United Drilling Tools Ltd in Q2FY26 amounted to ₹48.62 crores, which is an increase of 74.6% from the ₹27.84 crores recorded in Q1FY26. Year-over-year, there is a 13.8% increase compared to the ₹42.73 crores in Q2FY25. The tax expense in Q2FY26 was ₹2.42 crores, which is a 103.4% increase from the previous quarter's ₹1.19 crores and a 17.5% increase from the previous year's figure of ₹2.06 crores. These metrics indicate rising operational costs and tax expenses in line with the company's revenue growth.