Integrated Filing — IndAS



General information about company
Scrip Code 522014
NSE Symbol UNIDT
MSEI Symbol NOTLISTED
ISIN INE961D01019
Name of company United Drilling Tools Limited
Type of company Main Board
Class of security Equity
Date of start of financial year 01-Apr-2024
Date of end of financial year 31-Mar-2025
Date of board meeting when results were approved 29-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 22-May-2025
Description of presentation currency INR (in Actuals)
Reporting Type Quarterly
Reporting Quarter Fourth quarter
Nature of report standalone or consolidated Consolidated
Whether results are audited or unaudited for the quarter ended Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Audited
Segment Reporting Single segment
Description of single segment Engineering
Start date and time of board meeting 29-May-2025   15:00:00
End date and time of board meeting 29-May-2025   16:25:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion



Financial Results Ind-AS
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Jan-2025 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Consolidated Consolidated
Part I Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1 Income
Revenue from operations 311170000 1682743000
Other income 12687000 17401000
Total income 323857000 1700144000
2 Expenses
(a) Cost of materials consumed 302107000 978662000
(b) Purchases of stock-in-trade 0 0
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade -120645000 83377000
(d) Employee benefit expense 40186000 144777000
(e) Finance costs 12101000 27441000
(f) Depreciation, depletion and amortisation expense 12644000 49837000
(f) Other Expenses
1 Other Expenses 38898000 217229000
Total other expenses 38898000 217229000
Total expenses 285291000 1501323000
3 Total profit before exceptional items and tax 38566000 198821000
4 Exceptional items 0 0
5 Total profit before tax 38566000 198821000
6 Tax expense
7 Current tax 12867000 61285000
8 Deferred tax -13199000 -12716000
9 Total tax expenses -332000 48569000
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0 0
11 Net Profit Loss for the period from continuing operations 38898000 150252000
12 Profit (loss) from discontinued operations before tax 0 0
13 Tax expense of discontinued operations 0 0
14 Net profit (loss) from discontinued operation after tax 0 0
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0 0
16 Total profit (loss) for period 38898000 150252000
17 Other comprehensive income net of taxes -336000 -329000
18 Total Comprehensive Income for the period 38562000 149923000
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent
Total profit or loss, attributable to non-controlling interests
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent
Total comprehensive income for the period attributable to owners of parent non-controlling interests
21 Details of equity share capital
Paid-up equity share capital 203031000 203031000
Face value of equity share capital 10 10
27 Details of debt securities
22 Reserves excluding revaluation reserve 2439014000
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 1.9 7.38
Diluted earnings (loss) per share from continuing operations 1.9 7.38
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 1.9 7.38
Diluted earnings (loss) per share from continuing and discontinued operations 1.9 7.38
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results
Textual Information(1) n1. The Company's and its subsidiary's Business activities falls within a single business segment (Engineering) in terms of Accounting Standard - 17 of ICAI. n n2. The statement includes the results of the following entities: (a) United Drilling Tools Ltd. (Parent) (b) P Mittal Manufacturing Pvt. Ltd. (wholly owned subsidiary). n n3. Given the nature of business of the Company and product mix in the respective quarter, the results of any quarter may not be a true and/or proportionate reflection of the annual performance of the Company. Further quarter to quarter results are also affected by the type of the products manufactured/sold during that quarter. n n4. The figures for the quarter ended 31st March 2025 being the balancing figure between audited figures in respect of the full financial year and published year to date figures up to the end of the third quarter of the relevent financial year. n n5. The above consolidated financial results have been reviewed by the Audit Committee & approved by the Board of Directors at their meeting held on 29th May, 2025. The statutory auditor’s report on review of consolidated financial results for the quarter and audit of consoledated financial results for the financial year ended March 31, 2025 . These are being filed with the BSE Ltd. and National Stock Exchange of India Ltd. For more details on audited results, visit our website www.udtltd.com ,www.bseindia.com and www.nseindia .com. n n6. The Company has regrouped / reclassified previous year figures such as (a) other Non Current Assets into other financial assets, Income Tax Assets (net) and current tax liabilities (Net) (b) bank balance in unclaimed dividend account from cash and cash equivalent to other bank balances and Loans to other financial assets and other current assets (c) other current liabilities to borrwoings and other current liabilities to other financial laibilities for better presentation and such reclassification does not have any impact on net profits. The reclassification of other non current asset has been given effect from year ended March 2025 and accordingly figures for the year ended March 31,2024 presented in standalone financial results have also been regrouped / rearranged. n n7. The Audited Financial results of the company have been prepared in accordancewith Indian Accounting Standards (Ind-AS) notified under section 133 of companies (Indian Accounting Standards) rules, 2015 , as ammended by the Companies (Indian Accounting Standards) (Ammendment) Rules 2016 and the other accounting principles generally accepted in India.



Remarks
Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Statement of Asset and Liabilities
Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-Apr-2024
Date of end of reporting period 31-Mar-2025
Whether results are audited or unaudited Audited
Nature of report standalone or consolidated Consolidated
Assets
1 Non-current assets
Property, plant and equipment 341802000
Capital work-in-progress 37863000
Investment property 0
Goodwill 0
Other intangible assets 208893000
Intangible assets under development 81376000
Biological assets other than bearer plants 0
Investments accounted for using equity method 0
Non-current financial assets
Non-current investments 0
Trade receivables, non-current 0
Loans, non-current 0
Other non-current financial assets 80425000
Total non-current financial assets 80425000
Deferred tax assets (net) 0
Other non-current assets 112583000
Total non-current assets 862942000
2 Current assets
Inventories 1545880000
Current financial asset
Current investments 0
Trade receivables, current 767635000
Cash and cash equivalents 3160000
Bank balance other than cash and cash equivalents 13512000
Loans, current 0
Other current financial assets 107000
Total current financial assets 784414000
Current tax assets (net) 0
Other current assets 182933000
Total current assets 2513227000
3 Non-current assets classified as held for sale 0
4 Regulatory deferral account debit balances and related deferred tax Assets 0
Total assets 3376169000
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 203031000
Other equity 2439014000
Total equity attributable to owners of parent 2642045000
Non controlling interest 0
Total equity 2642045000
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 11218000
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises 0
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 0
Total Trade payable 0
Other non-current financial liabilities
Total non-current financial liabilities 11218000
Provisions, non-current 13395000
Deferred tax liabilities (net) 33473000
Deferred government grants, Non-current 0
Other non-current liabilities 10358000
Total non-current liabilities 68444000
Current liabilities
Current financial liabilities
Borrowings, current 303653000
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 2485000
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 248487000
Total Trade payable 250972000
Other current financial liabilities 52945000
Total current financial liabilities 607570000
Other current liabilities 46753000
Provisions, current 2814000
Current tax liabilities (Net) 8543000
Deferred government grants, Current 0
Total current liabilities 665680000
3 Liabilities directly associated with assets in disposal group classified as held for sale 0
4 Regulatory deferral account credit balances and related deferred tax liability 0
Total liabilities 734124000
Total equity and liabilites 3376169000
Disclosure of notes on assets and liabilities Textual Information(1)



Text Block
Textual Information(1) 1. Other non current assets of Rs. 1125.83, includes Right of used assets of Rs. 68.12 and Income tax Assets (Net) Rs. 855.71. n n2. Other non current liabilities of Rs. 103.58, inculdes lease liabilities of Rs. 41.00. n n3. Current Tax Liabilities (Net) of Rs. 85.43, includes lease liabilities of Rs. 24.19.



Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-Jan-2025 01-Apr-2024
Date of end of reporting period 31-Mar-2025 31-Mar-2025
Whether accounts are audited or unaudited Audited Audited
Nature of report standalone or consolidated Consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets null null
Net Segment Asset null null
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities null null
Net Segment Liabilities null null
Disclosure of notes on segments



Other Comprehensive Income
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Jan-2025 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Consolidated Consolidated
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
Total Amount of items that will not be reclassified to profit and loss
2 Income tax relating to items that will not be reclassified to profit or loss 336000 329000
3 Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4 Income tax relating to items that will be reclassified to profit or loss
5 Total Other comprehensive income -336000 -329000



Cash flow statement, indirect
Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-Apr-2024
B Date of end of reporting period 31-Mar-2025
C Whether results are audited or unaudited Audited
D Nature of report standalone or consolidated Consolidated
Part I Blue color marked fields are non-mandatory.
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 198821000
Adjustments for reconcile profit (loss)
Adjustments for finance costs 0
Adjustments for decrease (increase) in inventories 373953000
Adjustments for decrease (increase) in trade receivables, current -223448000
Adjustments for decrease (increase) in trade receivables, non-current 0
Adjustments for decrease (increase) in other current assets 0
Adjustments for decrease (increase) in other non-current assets 3477000
Adjustments for other financial assets, non-current 0
Adjustments for other financial assets, current 0
Adjustments for other bank balances 0
Adjustments for increase (decrease) in trade payables, current -323478000
Adjustments for increase (decrease) in trade payables, non-current 0
Adjustments for increase (decrease) in other current liabilities 28111000
Adjustments for increase (decrease) in other non-current liabilities 0
Adjustments for depreciation and amortisation expense 49837000
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0
Adjustments for provisions, current 0
Adjustments for provisions, non-current 0
Adjustments for other financial liabilities, current 0
Adjustments for other financial liabilities, non-current 0
Adjustments for unrealised foreign exchange losses gains 0
Adjustments for dividend income 0
Adjustments for interest income -22491000
Adjustments for share-based payments 0
Adjustments for fair value losses (gains) 0
Adjustments for undistributed profits of associates 0
Other adjustments for which cash effects are investing or financing cash flow 0
Other adjustments to reconcile profit (loss) -5904000
Other adjustments for non-cash items 0
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0
Total adjustments for reconcile profit (loss) -74961000
Net cash flows from (used in) operations 123860000
Dividends received 0
Interest paid 0
Interest received 0
Income taxes paid (refund) 33435000
Other inflows (outflows) of cash 0
Net cash flows from (used in) operating activities 90425000
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0
Cash flows used in obtaining control of subsidiaries or other businesses 0
Other cash receipts from sales of equity or debt instruments of other entities 0
Other cash payments to acquire equity or debt instruments of other entities 0
Other cash receipts from sales of interests in joint ventures 0
Other cash payments to acquire interests in joint ventures 0
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0
Proceeds from sales of property, plant and equipment 347000
Purchase of property, plant and equipment 32813000
Proceeds from sales of investment property 0
Purchase of investment property 0
Proceeds from sales of intangible assets 0
Purchase of intangible assets 0
Proceeds from sales of intangible assets under development 0
Purchase of intangible assets under development 0
Proceeds from sales of goodwill 0
Purchase of goodwill 0
Proceeds from biological assets other than bearer plants 0
Purchase of biological assets other than bearer plants 0
Proceeds from government grants 0
Proceeds from sales of other long-term assets 0
Purchase of other long-term assets 0
Cash advances and loans made to other parties 0
Cash receipts from repayment of advances and loans made to other parties 0
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0
Dividends received 0
Interest received 5799000
Income taxes paid (refund) 0
Other inflows (outflows) of cash -1567000
Net cash flows from (used in) investing activities -28234000
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0
Payments from changes in ownership interests in subsidiaries 0
Proceeds from issuing shares 0
Proceeds from issuing other equity instruments 0
Payments to acquire or redeem entity's shares 0
Payments of other equity instruments 0
Proceeds from exercise of stock options 0
Proceeds from issuing debentures notes bonds etc 0
Proceeds from borrowings 1350000
Repayments of borrowings 11883000
Payments of lease liabilities 2456000
Dividends paid 36546000
Interest paid 22491000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 0
Net cash flows from (used in) financing activities -72026000
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes -9835000
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 0
Net increase (decrease) in cash and cash equivalents -9835000
Cash and cash equivalents cash flow statement at beginning of period 12995000
Cash and cash equivalents cash flow statement at end of period 3160000





Details of Impact of Audit Qualification
Whether results are audited or unaudited Audited
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Auditor's opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results Yes
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 Sarupria Somani & Associates Yes 28-Feb-2025