Jindal Drilling & Industries Ltd

Jindal Drilling & Industries Ltd

₹ 584 -0.66%
04 Nov - close price
About

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]

Key Points

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]

  • Market Cap 1,693 Cr.
  • Current Price 584
  • High / Low 990 / 528
  • Stock P/E 5.04
  • Book Value 0.00
  • Dividend Yield 0.17 %
  • ROCE 16.3 %
  • ROE 14.4 %
  • Face Value 5.00

Pros

  • Company has reduced debt.
  • Company is expected to give good quarter
  • Company has delivered good profit growth of 18.7% CAGR over last 5 years

Cons

  • Company has a low return on equity of 8.85% over last 3 years.
  • Earnings include an other income of Rs.208 Cr.
  • Promoter holding has decreased over last 3 years: -3.02%

* 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.

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025
138 138 103 94 142 183 198 171 172 239 245 254 238
94 94 73 61 98 128 195 132 141 159 158 147 145
Operating Profit 44 44 31 33 44 55 3 39 31 81 87 107 93
OPM % 32% 32% 30% 35% 31% 30% 1% 23% 18% 34% 36% 42% 39%
18 7 5 5 8 7 11 34 29 32 37 18 121
Interest 1 2 3 3 4 4 2 5 4 4 3 3 2
Depreciation 16 16 16 16 16 16 16 16 16 26 31 37 38
Profit before tax 44 34 17 19 32 42 -5 51 40 82 90 85 173
Tax % 28% 27% 38% 36% 32% 24% 215% 15% 13% 20% 20% 22% 24%
32 25 10 12 22 32 -15 44 34 66 72 66 133
EPS in Rs 10.95 8.58 3.51 4.16 7.63 11.02 -5.18 15.13 11.89 22.76 24.71 22.81 45.73
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
540 320 372 149 207 216 398 420 512 617 828 977
335 284 355 209 198 793 356 310 349 478 587 610
Operating Profit 205 36 17 -60 10 -577 42 110 163 139 241 367
OPM % 38% 11% 5% -40% 5% -267% 11% 26% 32% 23% 29% 38%
42 127 89 56 81 34 8 32 47 29 131 208
Interest 12 2 10 4 14 14 16 12 11 15 19 12
Depreciation 84 15 9 9 9 26 32 43 63 64 89 132
Profit before tax 152 146 86 -17 69 -583 2 87 136 89 263 431
Tax % 17% 12% 8% -51% 0% 1% 416% 26% 29% 42% 18%
125 129 80 -8 68 -591 -6 64 97 51 216 336
EPS in Rs 43.19 44.52 27.52 -2.87 23.54 -203.82 -2.03 22.25 33.43 17.65 74.50 116.01
Dividend Payout % 1% 1% 2% -17% 2% -0% -25% 2% 2% 3% 1%
Compounded Sales Growth
10 Years: 4%
5 Years: 31%
3 Years: 25%
TTM: 35%
Compounded Profit Growth
10 Years: 7%
5 Years: 19%
3 Years: 49%
TTM: 253%
Stock Price CAGR
10 Years: 17%
5 Years: 52%
3 Years: 23%
1 Year: -20%
Return on Equity
10 Years: 0%
5 Years: 7%
3 Years: 9%
Last Year: 14%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Sep 2025
Equity Capital 14 14 14 14 14 14 14 14 14 14 14 0.00
Reserves 1,447 1,614 1,675 1,669 1,805 1,262 1,107 1,180 1,295 1,348 1,574 0
356 87 77 63 163 399 330 220 207 294 164 0
165 189 86 78 610 121 272 276 338 384 1,028 0
Total Liabilities 1,982 1,905 1,853 1,824 2,592 1,796 1,723 1,691 1,854 2,041 2,780 0
745 55 68 64 53 531 502 651 602 551 1,294 0
CWIP 0 1 0 0 519 0 0 0 0 0 0 0
Investments 767 1,100 1,094 1,052 1,181 627 414 447 495 444 606 0
470 749 691 709 839 639 807 593 757 1,045 880 0
Total Assets 1,982 1,905 1,853 1,824 2,592 1,796 1,723 1,691 1,854 2,041 2,780 0

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
-46 -61 -67 8 52 106 196 64 -44 864
-40 84 86 -92 -272 60 -66 -38 -20 -726
84 -21 -19 86 222 -85 -119 -23 73 -148
Net Cash Flow -2 2 0 2 2 80 11 3 8 -10

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 92 134 85 250 176 214 152 134 110 112 90
Inventory Days
Days Payable
Cash Conversion Cycle 92 134 85 250 176 214 152 134 110 112 90
Working Capital Days -71 58 117 378 153 121 -27 -17 16 64 -101
ROCE % 8% 5% -1% 4% -31% 1% 7% 10% 7% 16%

Shareholding Pattern

Numbers in percentages

Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025
67.42% 66.88% 63.40% 63.40% 63.40% 64.26% 64.26% 64.26% 64.26% 64.26% 64.24% 64.39%
0.76% 0.81% 0.33% 0.29% 0.27% 0.42% 0.29% 0.45% 0.64% 2.05% 2.13% 2.04%
0.00% 0.00% 0.00% 0.00% 0.84% 0.84% 1.05% 1.05% 1.05% 0.94% 0.49% 0.20%
31.82% 32.31% 36.28% 36.30% 35.49% 34.48% 34.40% 34.23% 34.05% 32.75% 33.14% 33.36%
No. of Shareholders 18,57118,68618,18617,15718,38018,44920,78421,68221,52229,02032,99633,792

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

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