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 ₹ 1,705 Cr.
- Current Price ₹ 588
- High / Low ₹ 694 / 440
- Stock P/E 8.75
- Book Value ₹ 628
- Dividend Yield 0.17 %
- ROCE 15.4 %
- ROE 12.5 %
- Face Value ₹ 5.00
Pros
- Company has reduced debt.
- Company is almost debt free.
- Stock is trading at 0.94 times its book value
- Company has delivered good profit growth of 110% CAGR over last 5 years
Cons
- Company has a low return on equity of 10.6% over last 3 years.
- Working capital days have increased from 10.3 days to 67.2 days
* 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
Consolidated Figures in Rs. Crores / View Standalone
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 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 540 | 320 | 372 | 149 | 207 | 216 | 398 | 420 | 512 | 617 | 828 | 997 | 1,018 | |
| 335 | 284 | 355 | 209 | 198 | 793 | 356 | 310 | 349 | 478 | 587 | 647 | 677 | |
| Operating Profit | 205 | 36 | 17 | -60 | 10 | -577 | 42 | 110 | 163 | 139 | 241 | 349 | 341 |
| OPM % | 38% | 11% | 4.6% | -40% | 4.7% | -267% | 11% | 26% | 32% | 23% | 29% | 35% | 33% |
| 42 | 127 | 89 | 56 | 81 | 34 | 8 | 32 | 47 | 29 | 131 | 80 | 69 | |
| Interest | 12 | 2 | 10 | 4 | 14 | 14 | 16 | 12 | 11 | 15 | 19 | 8 | 7 |
| Depreciation | 84 | 15 | 9 | 9 | 9 | 26 | 32 | 43 | 63 | 64 | 89 | 151 | 152 |
| Profit before tax | 152 | 146 | 86 | -17 | 69 | -583 | 2 | 87 | 136 | 89 | 263 | 270 | 250 |
| Tax % | 17% | 12% | 8% | -51% | 0% | 1% | 416% | 26% | 29% | 42% | 18% | 22% | |
| 125 | 129 | 80 | -8 | 68 | -591 | -6 | 64 | 97 | 51 | 216 | 211 | 192 | |
| 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 | 72.67 | 66.14 |
| Dividend Payout % | 1% | 1% | 2% | -17% | 2% | -0% | -25% | 2% | 2% | 3% | 1% | 1% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 12% |
| 5 Years: | 20% |
| 3 Years: | 25% |
| TTM: | 12% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 6% |
| 5 Years: | 110% |
| 3 Years: | 31% |
| TTM: | -18% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 13% |
| 5 Years: | 35% |
| 3 Years: | 11% |
| 1 Year: | -4% |
| Return on Equity | |
|---|---|
| 10 Years: | 1% |
| 5 Years: | 9% |
| 3 Years: | 11% |
| Last Year: | 13% |
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 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 |
| Reserves | 1,447 | 1,614 | 1,675 | 1,669 | 1,805 | 1,262 | 1,107 | 1,180 | 1,295 | 1,348 | 1,574 | 1,806 |
| 356 | 87 | 77 | 63 | 163 | 399 | 330 | 220 | 207 | 294 | 164 | 93 | |
| 165 | 189 | 86 | 78 | 610 | 121 | 272 | 276 | 338 | 384 | 1,028 | 644 | |
| Total Liabilities | 1,982 | 1,905 | 1,853 | 1,824 | 2,592 | 1,796 | 1,723 | 1,691 | 1,854 | 2,041 | 2,780 | 2,557 |
| 745 | 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 | 767 | 1,100 | 1,094 | 1,052 | 1,181 | 627 | 414 | 447 | 495 | 444 | 606 | 220 |
| 470 | 749 | 691 | 709 | 839 | 639 | 807 | 593 | 757 | 1,045 | 880 | 1,146 | |
| Total Assets | 1,982 | 1,905 | 1,853 | 1,824 | 2,592 | 1,796 | 1,723 | 1,691 | 1,854 | 2,041 | 2,780 | 2,557 |
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 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -46 | -61 | -67 | 8 | 52 | 106 | 196 | 64 | -44 | 864 | 178 | ||
| -40 | 84 | 86 | -92 | -272 | 60 | -66 | -38 | -20 | -726 | -108 | ||
| 84 | -21 | -19 | 86 | 222 | -85 | -119 | -23 | 73 | -148 | -82 | ||
| Net Cash Flow | -2 | 2 | 0 | 2 | 2 | 80 | 11 | 3 | 8 | -10 | -13 | |
| Free Cash Flow | -56 | -68 | -72 | 5 | -451 | 102 | 4 | 50 | -57 | 33 | 129 | |
| CFO/OP | -78% | -263% | 99% | 132% | -10% | 257% | 173% | 31% | -29% | 370% | 63% |
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 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 92 | 134 | 85 | 250 | 176 | 214 | 152 | 134 | 110 | 112 | 90 | 82 |
| Inventory Days | ||||||||||||
| Days Payable | ||||||||||||
| Cash Conversion Cycle | 92 | 134 | 85 | 250 | 176 | 214 | 152 | 134 | 110 | 112 | 90 | 82 |
| Working Capital Days | -71 | 58 | 117 | 378 | 153 | 121 | -27 | -17 | 16 | 64 | -101 | 67 |
| ROCE % | 8% | 5% | -1% | 4% | -31% | 1% | 7% | 10% | 7% | 16% | 15% |
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
- Announcement under Regulation 30 (LODR)-Earnings Call Transcript
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Audio Recording Of Earning Call Q1 FY27 Held On 10Th August 2026
- Audio recording of Q1 FY27 earnings conference call shared on 10 August 2026.
- Announcement under Regulation 30 (LODR)-Investor Presentation
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Announcement under Regulation 30 (LODR)-Newspaper Publication
- Newspaper Publication of Unaudited Financial Results for the quarter ended 30th June, 2026
- Corporate Action For Fixation Of Record Date For Payment Of Dividend
Annual reports
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Financial Year 2025
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2013
from nse
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Financial Year 2012
from bse
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]