Press Release

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 11/08/2026 UDT/SEC/2026-27/BSE-44-NSE-44 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: Earning Release on Q1-FY27 Dear Sir/Madam, Pursuant to regulation 30 of SEBI (Listing (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are submitting herewith copy of the earning release / update on financial results for the 1st quarter ended June 30, 2026 along with operation highlights. The Earning 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 United Drilling Tools Limited CIN: L29199DL1985PLC015796 Registered Office: 139A, First Floor, Antriksh Bhawan, 22 Kasturba Gandhi Marg, New Delhi – 110001, Central Delhi, India Corporate Office: 26th Floor, Astralis Tower, Supernova Complex, Sector-94, Noida, Distt- Gautam Budh Nagar, Uttar Pradesh -201301, India Management Outlook Noida, Tuesday, August 11, 2026 – United Drilling Tools Ltd. (UDTL) (BSE – 522014, NSE – UNIDT) announced its earnings release on financial results. The Board of Directors of UDTL met on Monday, August 10, 2026 to consider the unaudited financial results of the Company for the first quarter ended June 30, 2026. The operating environment remained challenging, marked by elevated crude prices, inflationary pressures and disruptions stemming from the West Asia conflict, which led to higher input costs across the sector. Despite these external headwinds, the Company delivered a better Performance in Q1-FY27 compare to corresponding quarter Q1-FY26. Revenue Performance (Year-on-Year Comparison) UDTL reported Revenue from Operations of Rs. 3409.90 lakhs for the quarter ended June 30, 2026 (Q1 FY27), compared to Rs. 3166.74 lakhs in the corresponding quarter ended June 30, 2025 (Q1 FY26), registering a year-on-year growth of 7.68%. Profitability and EBITDA Performance (Year-on-Year Comparison) Profit Before Tax (PBT) for the 1st Quarter ended FY27 stood at Rs. 589.53 lakhs, compared to Rs. 412.52 lakhs in the corresponding period of FY26, reflecting a growth of 42.91%. EBITDA for the 1st Quarter ended FY27 was Rs. 704.10 lakhs, as against Rs. 610.92 lakhs in the corresponding quarter ended June 30, 2025 with EBITDA margins of 20.35% and 18.94%, respectively. The improvement in EBITDA was primarily driven by a better product mix and enhanced operational efficiencies. The Company continues to strengthen its market position through product innovation, expansion in export markets, and investments in manufacturing and R&D capabilities. Supported by a healthy order book and improving demand environment, United Drilling Tools Limited remains optimistic about sustained growth in revenue and profitability in the coming quarters. -----------------------------------------------------------------------------------------------------------UDTL------- Q1 FY27 Earning Release Management Comment Mr. Kanal Gupta, Managing Director said “we are encouraged by the strong year-on- year improvement in our financial performance during Q1-FY27, driven by higher execution of orders and enhanced operational efficiency. Our continued focus on technology-driven products, export market expansion, and cost optimisation initiatives is strengthening our profitability profile. With a healthy order book and improving demand environment, we are confident of sustaining growth momentum and delivering enhanced value to our shareholders in the coming quarters.” We have successfully completed development order of Premium Tubing Casing Pipes of Oil India and expected to receive orders from oil companies. The Company has registered with Oil and Gas Companies Globally and expected to receive orders. Outlook India's offshore basins hold vast untapped hydrocarbon potential. A basin is a large natural depression in the earth where hydrocarbons collect. Unlocking these resources requires modern exploration, reliable geological data, advanced drilling capabilities, and a strong domestic supply chain. To accelerate this effort, Samudra Manthan – the National Offshore Exploration Scheme has been approved on 31 July 2026. With a Phase-I outlay of Rs. 84,084 crores up to FY 2030-31, it aims to boost the hydrocarbon exploration and production sector. This will also increase the demand of our products substantially because our products are directly used in drilling and exploration of the oil wells and enhance the production activity in off shore area. Operational Highlights Premium Connection Technology – Enhancing UDTL’s Competitive Position During the quarter, United Drilling Tools Limited (UDTL) achieved a significant technological milestone with the successful supply and deployment of its Premium Connection Casing Pipes for Oil India Limited (OIL). Under a development order, the Company successfully supplied 7-inch Premium Production Casing, which has been installed and commissioned in a gas well in Assam. This achievement marks UDTL's entry into the premium Oil Country Tubular Goods (OCTG) market, one of the fastest-growing and high-value segments of the oil and gas industry. The successful field performance establishes UDTL as one of the few Indian manufacturers capable of producing advanced premium connection technology and significantly strengthens the Company's competitive position in the premium OCTG -----------------------------------------------------------------------------------------------------------UDTL------- Q1 FY27 Earning Release market. It opens new opportunities to participate in requirements of national oil companies, private exploration companies, and international oilfield service providers, while expanding the Company's addressable market and enhancing its long-term growth prospects. This milestone also supports the Government of India's 'Make in India' initiative by promoting indigenous manufacturing of advanced oilfield equipment and reducing dependence on imports. These orders are expected to contribute positively to the Company's order book and future revenues. Operational Performance – Domestic & International Markets The operating environment remained challenging, marked by elevated crude prices, inflationary pressures and disruptions stemming from the West Asia conflict, which led to higher input costs across the sector. Despite these external headwinds, the Company delivered a better Performance in Q1 - FY 27 compare to corresponding quarter ended June 30, 2025 (Q1 FY26). Domestic Performance: The Company maintained its strong position in the domestic market by securing significant orders from Oil and Natural Gas Corporation Limited (ONGC), Vedanta Limited, Shivganga Drillers Limited, and Aadyashree Drilling International Private Limited. These orders include the supply of Large OD Casing Pipes with Multi-Start Connectors, Integral Blade Stabilizers, Tubing, Pup Joints & Crossovers, and Stabilizers. The continued trust placed in the Company by leading customers reflects its engineering expertise, manufacturing capabilities, and proven track record of delivering reliable products that meet the demanding requirements of the oil and gas sector. Internati [Showing first 8,000 characters — download PDF for full document]