Revenue (Tables)

12 Months Ended

Mar. 31, 2026

Revenue [abstract]

Summary of Disaggregated Revenue

i)Disaggregated revenue

	Successor		Successor		Successor		Predecessor
	For the year ended March 31, 2026		For the year ended March 31, 2025		For the period June 16, 2023 through March 31, 2024		For the period April 1 through June 15, 2023
	US$’000		US$’000		US$’000		US$’000
Revenue
Sale of oilfield equipment products
Specialty connectors and pipes		96,065		143,091		113,531		5,114
Surface wellhead and Christmas tree		10,869		8,675		6,750		3,017
		106,934		151,766		120,281		8,131
Rendering of premium threading and other ancillary    services
Premium threading services		33,443		36,832		31,088		7,625
Other ancillary services		15,533		15,009		11,898		2,426
		48,976		51,841		42,986		10,051
		155,910		203,607		163,267		18,182
Timing of revenue recognition
Products transferred at a point in time		106,934		151,766		120,281		8,131
Services transferred at a point in time		48,976		51,841		42,986		10,051
		155,910		203,607		163,267		18,182
Revenue by geographic location
Saudi Arabia		91,761		141,084		112,015		3,544
Singapore		19,267		19,407		19,011		4,577
Malaysia		12,781		15,265		11,102		3,402
Thailand		13,308		11,399		7,603		2,367
Indonesia		15,677		13,555		11,154		3,740
Others		3,116		2,897		2,382		552
		155,910		203,607		163,267		18,182

Summary of Contract Assets

ii)Contract assets

Contract assets primarily relate to the Predecessor and the Successor’s right for consideration for work completed.

	Successor			Successor			Successor			Predecessor
	For the year ended March 31, 2026			For the year ended March 31, 2025			For the period June 16, 2023 through March 31, 2024			For the period April 1 through June 15, 2023
	US$’000			US$’000			US$’000			US$’000
Balance at beginning of period		983			1,730			225			1,364
Transferred to trade receivables		(983	)		(1,730	)		(225	)		(1,364	)
Recognized as revenue		1,732			983			1,730			225
Balance at end of period		1,732			983			1,730			225