Jindal Drilling & Industries Ltd
Jindal Drilling & Industries, part of the Dharam Pal Jindal Group, is a leading Indian company in offshore drilling and allied services, including directional drilling and mud logging. [1]
- Market Cap ₹ 1,929 Cr.
- Current Price ₹ 666
- High / Low ₹ 694 / 440
- Stock P/E 11.2
- Book Value ₹ 507
- Dividend Yield 0.15 %
- ROCE 14.0 %
- ROE 9.73 %
- Face Value ₹ 5.00
Pros
- Company has reduced debt.
- Company is almost debt free.
Cons
- Company has a low return on equity of 10.2% over last 3 years.
- Dividend payout has been low at 1.67% of profits over last 3 years
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Energy Oil, Gas & Consumable Fuels Oil Offshore Support Solution Drilling
Part of BSE Energy
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 445 | 320 | 372 | 149 | 207 | 216 | 398 | 420 | 512 | 617 | 828 | 997 | 1,018 | |
| 401 | 284 | 355 | 209 | 198 | 176 | 341 | 310 | 334 | 415 | 587 | 644 | 672 | |
| Operating Profit | 44 | 36 | 17 | -60 | 10 | 40 | 57 | 110 | 178 | 202 | 241 | 352 | 346 |
| OPM % | 10% | 11% | 4.6% | -40% | 4.7% | 18% | 14% | 26% | 35% | 33% | 29% | 35% | 34% |
| 30 | 30 | 26 | 45 | 53 | 34 | 8 | 32 | 47 | 29 | 56 | 41 | 41 | |
| Interest | 1 | 2 | 10 | 4 | 14 | 14 | 16 | 12 | 11 | 15 | 19 | 11 | 7 |
| Depreciation | 14 | 15 | 9 | 9 | 9 | 26 | 32 | 43 | 63 | 64 | 89 | 151 | 152 |
| Profit before tax | 59 | 49 | 24 | -28 | 40 | 33 | 17 | 87 | 151 | 152 | 188 | 232 | 227 |
| Tax % | 31% | 35% | 28% | -44% | 15% | 22% | 46% | 25% | 26% | 25% | 25% | 26% | |
| 41 | 32 | 17 | -15 | 34 | 26 | 9 | 65 | 112 | 114 | 141 | 173 | 169 | |
| EPS in Rs | 14.05 | 10.98 | 5.86 | -5.34 | 11.77 | 9.04 | 3.17 | 22.32 | 38.58 | 39.37 | 48.60 | 59.56 | 58.17 |
| Dividend Payout % | 4% | 5% | 9% | -9% | 4% | 6% | 16% | 2% | 1% | 1% | 2% | 2% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 12% |
| 5 Years: | 20% |
| 3 Years: | 25% |
| TTM: | 12% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 18% |
| 5 Years: | 71% |
| 3 Years: | 7% |
| TTM: | -2% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 14% |
| 5 Years: | 38% |
| 3 Years: | 4% |
| 1 Year: | 5% |
| Return on Equity | |
|---|---|
| 10 Years: | 6% |
| 5 Years: | 10% |
| 3 Years: | 10% |
| Last Year: | 10% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 |
| Reserves | 795 | 827 | 841 | 824 | 853 | 874 | 883 | 945 | 1,050 | 1,163 | 1,296 | 1,454 |
| 0 | 87 | 77 | 63 | 163 | 399 | 330 | 220 | 207 | 294 | 164 | 93 | |
| 168 | 169 | 74 | 61 | 569 | 69 | 269 | 270 | 323 | 368 | 1,006 | 560 | |
| Total Liabilities | 978 | 1,098 | 1,007 | 963 | 1,599 | 1,356 | 1,496 | 1,450 | 1,594 | 1,840 | 2,481 | 2,122 |
| 67 | 55 | 68 | 64 | 53 | 531 | 502 | 651 | 602 | 551 | 1,294 | 1,185 | |
| CWIP | 0 | 1 | 0 | 0 | 519 | 0 | 0 | 0 | 0 | 0 | 0 | 7 |
| Investments | 457 | 293 | 248 | 190 | 188 | 187 | 187 | 206 | 235 | 243 | 306 | 407 |
| 454 | 749 | 691 | 709 | 839 | 639 | 807 | 593 | 757 | 1,045 | 880 | 524 | |
| Total Assets | 978 | 1,098 | 1,007 | 963 | 1,599 | 1,356 | 1,496 | 1,450 | 1,594 | 1,840 | 2,481 | 2,122 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 142 | -46 | -61 | -67 | 8 | 52 | 106 | 196 | 64 | -44 | 864 | 178 | |
| -125 | -40 | 84 | 86 | -92 | -272 | 60 | -66 | -38 | -20 | -726 | -108 | |
| -15 | 84 | -21 | -19 | 86 | 222 | -85 | -119 | -23 | 73 | -148 | -82 | |
| Net Cash Flow | 2 | -2 | 2 | 0 | 2 | 2 | 80 | 11 | 3 | 8 | -10 | -13 |
| Free Cash Flow | 125 | -56 | -68 | -72 | 5 | -451 | 102 | 4 | 50 | -57 | 33 | 129 |
| CFO/OP | 363% | -78% | -263% | 99% | 133% | 142% | 189% | 173% | 29% | -20% | 370% | 62% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 104 | 134 | 85 | 250 | 176 | 214 | 152 | 134 | 110 | 112 | 90 | 82 |
| Inventory Days | ||||||||||||
| Days Payable | ||||||||||||
| Cash Conversion Cycle | 104 | 134 | 85 | 250 | 176 | 214 | 152 | 134 | 110 | 112 | 90 | 82 |
| Working Capital Days | 28 | 58 | 117 | 378 | 153 | 121 | -27 | -17 | 16 | 64 | -101 | -13 |
| ROCE % | 4% | 5% | 3% | -4% | 5% | 4% | 3% | 8% | 13% | 12% | 14% | 14% |
Insights
In beta| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Directional Drilling sets operated count |
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| Mud Logging units operated count |
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| Number of rigs in fleet count |
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| Number of owned rigs count |
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| Day rate - Discovery-I (USD per operating day) USD/day |
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| Day rate - Jindal Supreme (USD per operating day) USD/day |
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| Rig order book Rs. crore |
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| Rigs operating overseas (not with ONGC in India) count |
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Extracted by Screener AI
Documents
Announcements
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Letter Sent To Shareholder, Providing Weblink And Path To Access AGM Notice And Annual Report For The Year 2025-26
- Annual Report 2025-26 link shared; 42nd AGM on 15 September 2026 via VC/OAVM.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
- Newspaper publication of dispatch of Notice of 42nd Annual General Meeting, Annual Report 2025-26 and and e-voting
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Business Responsibility and Sustainability Reporting (BRSR)
- JDIL filed its FY2025-26 Business Responsibility and Sustainability Report with ESG, operations and workforce disclosures.
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Reg. 34 (1) Annual Report.
- 42nd AGM on 15 Sep 2026; FY26 annual report shows revenue Rs996.57 crore and net profit Rs172.61 crore.
- Notice Of 42Nd Annual General Meeting
Annual reports
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Annual Report 2026
from bse
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Annual Report 2025
from bse
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Annual Report 2024
from bse
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Annual Report 2023
from bse
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Annual Report 2022
from bse
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Annual Report 2021
from bse
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Annual Report 2020
from bse
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Annual Report 2019
from bse
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Annual Report 2018
from bse
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Annual Report 2017
from bse
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Annual Report 2016
from bse
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Annual Report 2015
from bse
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Annual Report 2014
from bse
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Annual Report 2013
from bse
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Annual Report 2013
from nse
Concalls
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Aug 2026Transcript PPT REC
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Feb 2026Transcript PPT REC
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Nov 2025Transcript PPT
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Aug 2025Transcript PPT REC
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Jun 2025Transcript PPT REC
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Feb 2025Transcript PPT REC
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Nov 2024Transcript PPT
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Aug 2024Transcript PPT
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May 2024Transcript PPT
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Feb 2024Transcript PPT
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Nov 2023Transcript PPT
Service Offerings
Offshore Drilling: It is a mechanical process where a borehole is drilled on the seabed to extract crude oil and natural oil beneath the seabed.
Directional / Horizontal Drilling It is a technique of drilling a wellbore at multiple angles, it has become more accurate, precise, and efficient.
Measurement While Drilling Services: To get the real-time measurement of trajectory information such as direction, tool face, inclination, and temperature, an MWD system is installed in the drill string. It consists of three sections: Power supply, Sensor section, and Transmitter.
Mud Logging Services: To detect the presence of oil and gas, drilling engineers study the sample of ground or rock pieces taken from the borehole by drilling. The process is known as Mud Logging services. [1]