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 ₹ 2,218 Cr.
- Current Price ₹ 765
- High / Low ₹ 915 / 268
- Stock P/E 22.1
- Book Value ₹ 385
- Dividend Yield 0.08 %
- ROCE 13.1 %
- ROE 11.0 %
- Face Value ₹ 5.00
Pros
- Company has delivered good profit growth of 42.8% CAGR over last 5 years
Cons
- Company has a low return on equity of 6.52% over last 3 years.
- Promoter holding has decreased over last 3 years: -4.02%
* 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
Sector: Oil Drill/Allied Industry: Oil Drilling / Allied Services
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
877 | 813 | 749 | 445 | 320 | 372 | 149 | 207 | 216 | 398 | 420 | 512 | 522 | |
800 | 725 | 693 | 401 | 284 | 355 | 209 | 198 | 176 | 341 | 310 | 334 | 334 | |
Operating Profit | 77 | 88 | 57 | 44 | 36 | 17 | -60 | 10 | 40 | 57 | 110 | 178 | 188 |
OPM % | 9% | 11% | 8% | 10% | 11% | 5% | -40% | 5% | 18% | 14% | 26% | 35% | 36% |
13 | 16 | 23 | 30 | 30 | 26 | 45 | 53 | 34 | 8 | 32 | 47 | 23 | |
Interest | 1 | 1 | 1 | 1 | 2 | 10 | 4 | 14 | 14 | 16 | 12 | 11 | 14 |
Depreciation | 11 | 11 | 11 | 14 | 15 | 9 | 9 | 9 | 26 | 32 | 43 | 63 | 63 |
Profit before tax | 78 | 93 | 67 | 59 | 49 | 24 | -28 | 40 | 33 | 17 | 87 | 151 | 134 |
Tax % | 34% | 29% | 27% | 31% | 35% | 28% | 44% | 15% | 22% | 46% | 25% | 26% | |
51 | 66 | 49 | 41 | 32 | 17 | -15 | 34 | 26 | 9 | 65 | 112 | 100 | |
EPS in Rs | 22.34 | 25.63 | 16.98 | 14.05 | 10.98 | 5.86 | -5.34 | 11.77 | 9.04 | 3.17 | 22.32 | 38.58 | 34.57 |
Dividend Payout % | 2% | 2% | 3% | 4% | 5% | 9% | -9% | 4% | 6% | 16% | 2% | 1% |
Compounded Sales Growth | |
---|---|
10 Years: | -5% |
5 Years: | 28% |
3 Years: | 33% |
TTM: | 2% |
Compounded Profit Growth | |
---|---|
10 Years: | 7% |
5 Years: | 43% |
3 Years: | 63% |
TTM: | -15% |
Stock Price CAGR | |
---|---|
10 Years: | 13% |
5 Years: | 49% |
3 Years: | 103% |
1 Year: | 151% |
Return on Equity | |
---|---|
10 Years: | 4% |
5 Years: | 5% |
3 Years: | 7% |
Last Year: | 11% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 11 | 13 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 |
Reserves | 477 | 623 | 740 | 795 | 827 | 841 | 824 | 853 | 874 | 883 | 945 | 1,050 | 1,101 |
1 | 14 | 13 | 0 | 87 | 77 | 63 | 163 | 399 | 330 | 220 | 207 | 215 | |
112 | 141 | 111 | 168 | 169 | 74 | 61 | 569 | 69 | 269 | 270 | 323 | 373 | |
Total Liabilities | 601 | 791 | 879 | 978 | 1,098 | 1,007 | 963 | 1,599 | 1,356 | 1,496 | 1,450 | 1,594 | 1,704 |
60 | 55 | 58 | 67 | 55 | 68 | 64 | 53 | 531 | 502 | 651 | 602 | 572 | |
CWIP | 5 | 6 | 6 | 0 | 1 | 0 | 0 | 519 | 0 | 0 | 0 | 0 | 2 |
Investments | 222 | 277 | 433 | 457 | 293 | 248 | 190 | 188 | 187 | 187 | 206 | 235 | 192 |
315 | 453 | 381 | 454 | 749 | 691 | 709 | 839 | 639 | 807 | 593 | 757 | 938 | |
Total Assets | 601 | 791 | 879 | 978 | 1,098 | 1,007 | 963 | 1,599 | 1,356 | 1,496 | 1,450 | 1,594 | 1,704 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
51 | 68 | 26 | 142 | -46 | -61 | -67 | 8 | 52 | 106 | 196 | 64 | |
-35 | -169 | -86 | -125 | -40 | 84 | 86 | -92 | -272 | 60 | -66 | -38 | |
-4 | 89 | 59 | -15 | 84 | -21 | -19 | 86 | 222 | -85 | -119 | -23 | |
Net Cash Flow | 12 | -12 | 0 | 2 | -2 | 2 | 0 | 2 | 2 | 80 | 11 | 3 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 62 | 80 | 87 | 104 | 134 | 85 | 250 | 176 | 214 | 152 | 134 | 110 |
Inventory Days | ||||||||||||
Days Payable | ||||||||||||
Cash Conversion Cycle | 62 | 80 | 87 | 104 | 134 | 85 | 250 | 176 | 214 | 152 | 134 | 110 |
Working Capital Days | 52 | 51 | 65 | 28 | 158 | 193 | 532 | 440 | 429 | 111 | 46 | 107 |
ROCE % | 15% | 14% | 7% | 4% | 5% | 3% | -4% | 5% | 4% | 3% | 8% | 13% |
Documents
Announcements
- Compliance Certificate Under Regulation 7(3) Of SEBI (LODR) Regulations, 2015 For The Year Ended 31St March, 2024 11 Apr
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
9 Apr - Compliance Certificate under Regulation 74(5) of SEBI (D&P) Regulations, 2018 for quarter ended on 31 March, 2024
- Closure of Trading Window 26 Mar
- Disclosure Under Regulation 7(1)(B) Of SEBI (Prohibition Of Insider Trading) Regulations, 2015. 22 Mar
-
Disclosures under Reg. 29(1) & 29(2) of SEBI (SAST) Regulations, 2011
22 Mar - Disclosure under Regulation 29(1) & 29(2) of SEBI (SAST) Regulations, 2011 for Power Buildwell Pvt Ltd & Others
Annual reports
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from bse
-
Financial Year 2013
from nse
-
Financial Year 2012
from bse
-
Financial Year 2011
from bse
-
Financial Year 2011
from nse
Concalls
-
Feb 2024Transcript PPT
-
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]