Jindal Drilling & Industries Ltd

Jindal Drilling & Industries Ltd

₹ 631 0.02%
05 Jun - 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 1,829 Cr.
  • Current Price 631
  • High / Low 694 / 440
  • Stock P/E 8.56
  • Book Value 628
  • Dividend Yield 0.16 %
  • ROCE 15.4 %
  • ROE 12.5 %
  • Face Value 5.00

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Stock is trading at 1.00 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.

Loading peers table ...

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
103 94 142 183 198 171 172 239 245 254 238 242 263
73 61 98 128 195 132 141 159 158 147 145 170 185
Operating Profit 31 33 44 55 3 39 31 81 87 107 93 72 78
OPM % 30% 35% 31% 30% 1% 23% 18% 34% 36% 42% 39% 30% 30%
5 5 8 7 11 34 29 32 37 18 121 -77 18
Interest 3 3 4 4 2 5 4 4 3 3 2 2 2
Depreciation 16 16 16 16 16 16 16 26 31 37 38 38 38
Profit before tax 17 19 32 42 -5 51 40 82 90 85 173 -45 57
Tax % 38% 36% 32% 24% 215% 15% 13% 20% 20% 22% 24% -27% 20%
10 12 22 32 -15 44 34 66 72 66 133 -33 45
EPS in Rs 3.51 4.16 7.63 11.02 -5.18 15.13 11.89 22.76 24.71 22.81 45.73 -11.52 15.66
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 Mar 2026
540 320 372 149 207 216 398 420 512 617 828 997
335 284 355 209 198 793 356 310 349 478 587 647
Operating Profit 205 36 17 -60 10 -577 42 110 163 139 241 349
OPM % 38% 11% 5% -40% 5% -267% 11% 26% 32% 23% 29% 35%
42 127 89 56 81 34 8 32 47 29 131 80
Interest 12 2 10 4 14 14 16 12 11 15 19 8
Depreciation 84 15 9 9 9 26 32 43 63 64 89 151
Profit before tax 152 146 86 -17 69 -583 2 87 136 89 263 270
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
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
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: 20%
Compounded Profit Growth
10 Years: 6%
5 Years: 110%
3 Years: 31%
TTM: 0%
Stock Price CAGR
10 Years: 13%
5 Years: 38%
3 Years: 22%
1 Year: 1%
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 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Number of Rigs Operated
Number

Log in to view insights

Please log in to see hidden values.

Login
Average Number of Sets - Directional Drilling
Number ・Standalone data
Average Number of Sets - Mud Logging
Number ・Standalone data
Number of Owned Rigs
Number ・Standalone data
Operational Efficiency (Efficiency/Uptime)
% ・Standalone data
Revenue Concentration from ONGC
%
Order Book (Approximate)
INR Crore ・Standalone data

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

180 Recently
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
63.40% 63.40% 63.40% 64.26% 64.26% 64.26% 64.26% 64.26% 64.24% 64.39% 66.44% 66.78%
0.33% 0.29% 0.27% 0.42% 0.29% 0.45% 0.64% 2.05% 2.13% 2.04% 0.85% 0.62%
0.00% 0.00% 0.84% 0.84% 1.05% 1.05% 1.05% 0.94% 0.49% 0.20% 0.00% 0.00%
36.28% 36.30% 35.49% 34.48% 34.40% 34.23% 34.05% 32.75% 33.14% 33.36% 32.72% 32.58%
No. of Shareholders 18,18617,15718,38018,44920,78421,68221,52229,02032,99633,79234,87241,627

* 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

Concalls