NSEPress Release8 Jul 2026 · 8 Jul 2026, 01:08 pm

Press Release

United Drilling Tools Limited · UNIDT

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United Drilling Tools Limited has announced the successful deployment of its 'premium connection' casing pipes for Oil India Limited, marking its entry into the premium casing and tubing segment.

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Earnings Impact8/10
Growth Catalyst9/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk4/10
Liquidity Impact9/10
Market Sentiment10/10

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Full Announcement

United Drilling Tools Limited has informed the Exchange regarding a press release dated July 08, 2026, titled "Premium Connection Technology".

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UNIDT_08072026130825_Intimation.pdf

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UNITED DRILLING TOOLS LTD. CIN : L29199DL1985PLC015796 OIL DRILLING EQUIPMENT MANUFACTURING AND SERVICES Phones : +91-120 – 4842400, Please Reply to Head Office - 4162715, 4729610 26th Floor, Astralis Tower, Supernova Fax No.: +91-120 – 2462675 Complex, Sector-94, Noida - 201301, USE PREFIX FOR CALLING Distt. G B Nagar,Uttar Pradesh, India From outside country – 91 – 120 E-mail : ENQUIRY@UDTLTD.COM From outside state – 0120 From New Delhi – 0120 Website : WWW.UDTLTD.COM 08/07/2026 UDT/SEC/2026-27/BSE-30-NSE-30 To, Listing Compliance Department Department of Corporate Service National Stock Exchange of India Ltd. BSE Limited Exchange Plaza, C-1 Block-G, Phiroze Jeejeebhoy Towers, Bandra Kurla Complex, Bandra (E), Dalal Street, Mumbai- 400001 Mumbai – 400051 Security ID - 522014 Security ID - UNIDT Sub: Press Release – Premium Connection Technology Dear Sir/Madam, Pursuant to regulation 30 of SEBI (Listing (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are submitting herewith copy of the press release on United Drilling Tools Ltd. enters India’s Premium Connection Oilfield Casing and Tubing segment with successful deployment at Oil India Ltd. The Press release is self-explanatory. This is for your information and record. Thanking You, Yours Faithfully, For United Drilling Tools Limited Anand Kumar Mishra Company Secretary M. No. FCS-7207 Regd. Office: 139A, First Floor, Antriksh Bhawan, 22 Kasturba Gandhi Marg, New Delhi - 110001 Press Release United Drilling Tools Enters India’s Premium Oilfield Casing and Tubing Segment with Successful Deployment at Oil India Ltd. Company’s advanced “premium connection” casing performs successfully in an Oil India gas well in Assam, a breakthrough that opens a large, high-value market with national and private oil companies New Delhi, Wednesday, July 08, 2026, United Drilling Tools Ltd. (UDTL) (BSE – 522014, NSE – UNIDT), a leading manufacturer and prominent supplier in India of specialized, high-technology equipment for the oil and gas sector, today announced that it has successfully supplied and deployed its “premium connection” casing pipes for Oil India Limited (OIL). The successful field performance marks UDTL’s entry into the premium casing and tubing segment, a high-value part of the oilfield equipment market that has, until now, been served largely by a few global and domestic suppliers. Under a Development order from Oil India Limited, UDTL has supplied 7-inch premium production casing totalling 5,000 metres which have been successfully installed and put to use in a gas well at Assam. Oil India is expected to issue a formal confirmation of the successful utilisation of the Company’s premium connection technology at its fields. A breakthrough into premium connections Most oil and gas wells use casing pipes joined by standard, industry-grade threads certified to American Petroleum Institute (API) standards, a segment in which UDTL has been an established supplier for decades. Premium connections are a more advanced type metal-to-metal seal to remain completely leak-proof and gas-tight even in the most demanding wells, those with very high pressure, high temperature or corrosive conditions, and in deep or highly deviated wells. This successful deployment establishes UDTL as a proven Indian manufacturer of premium connections, moving the company beyond its traditional API-graded product range. A large and growing market India’s premium casing and tubing market is currently valued at approximately ₹2,600 crore, with a regular annual requirement of around 1.2 lakh tonnes. About half of this demand comes from national oil companies and the balance from private explorers and oilfield service providers. Growing deepwater exploration and increasingly complex drilling conditions continue to push demand toward premium, gas-tight connections. As a domestic manufacturer, UDTL is well-placed to meet this need in line with the Government of India’s “Make in India” push for indigenous energy equipment and reduced import dependence. New doors open — with both national and private oil companies The successful use of UDTL’s premium connections pipe and tubing in Oil India wells will open this huge market of INR 2,600 crore to UDTL which will significantly enhance the Company’s revenue and profitability by enabling it to secure a meaningful share of this large market. Having proven its capability with one national oil company, UDTL intends to pursue approvals and tenders with Oil and Natural Gas Corporation (ONGC) as well. The milestone also paves the way for India’s private exploration majors, including Vedanta (Cairn Oil & Gas), Reliance Industries, Adani and Welspun Exploration as well as international oilfield service providers operating in the country. Management comment Mr. Jyoti Kumar Singh, General Manager – Sales and Marketing, United Drilling Tools Limited said “This is a defining milestone for United Drilling Tools. We are proud that our premium connections have performed successfully in the field at Oil India, establishing us as a credible Indian manufacturer in a segment long served by a handful of global suppliers. This achievement opens a substantial new growth avenue for the company, across both national and private oil companies and, over the coming years, we believe it has the potential to add a scale of business comparable to our existing operations, while supporting the nation’s goal of self-reliance in critical energy infrastructure.” About UDTL Striding successfully since 1985, based out of Noida, Uttar Pradesh, India, UDTL is a leading Manufacturer of large OD casing pipe with muti start high performance connector, Wireline & well service equipment, Gas lift equipment and Downhole Tools. All the equipments can be supplied with most reliable designs and quality and are very competitively priced as compared to other suppliers. UDTL is dedicated to manufacture high-quality products of field-proven test designs in conformity with international standards as per ISO & API standards and continues to improve and innovate. As of today UDTL has 32 registered Trademarks, out of which 24 are registered in India & rest 08 are registered in other Countries. Also, as regards Patents, there are 14 Design Patents registered, out of which 09 are registered in India, while rest 05 are registered in UK. We have applied Patents in India & other countries wherein 08 Patents received in India. @Contact US – Partners, Client, Investor, Stakeholders – compsect@udtltd.com Disclaimer: This release contains certain forward-looking statements regarding the company’s business prospects and opportunities. These statements are based on current expectations and are subject to risks and uncertainties, including market conditions, customer approvals, tendering outcomes and other factors, that could cause actual results to differ materially. The company undertakes no obligation to update these statements. Any references to market size, potential opportunity or future business scale are indicative and should not be construed as financial guidance or a projection of future revenues or profits.