United Drilling Tools Limited has informed the Exchange regarding a press release dated April 20, 2026, titled "Award of Order from domestic entity".
UNIDT · price
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United Drilling Tools Limited (UDTL) has secured an order from Oil and Natural Gas Corporation (ONGC) Limited for the supply of Integral Blade Stabilizers. The order is valued at INR 50.30 million (approximately Rs 5.03 crore). Integral Blade Stabilizers are critical components used in drilling operations to ensure directional control, minimize vibration, and reduce tool wear. UDTL is among the few manufacturers in India with the capability to produce such high-technology products. The company highlighted that ONGC's continued trust reflects confidence in UDTL's product quality, engineering excellence, and execution capabilities. The order is expected to be executed within 4-5 months.
This order win is positive for UDTL as it reinforces the company's established relationship with ONGC and demonstrates technical competence in high-precision oilfield equipment. While the order size of INR 50.30 million is modest, it adds to the company's order book and provides revenue visibility for the next 4-5 months.