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 ₹ 1,758 Cr.
- Current Price ₹ 606
- High / Low ₹ 915 / 376
- Stock P/E 34.4
- Book Value ₹ 470
- Dividend Yield 0.08 %
- ROCE 6.40 %
- ROE 3.83 %
- Face Value ₹ 5.00
Pros
- Company is expected to give good quarter
Cons
- Company has a low return on equity of 5.65% over last 3 years.
- Promoter holding has decreased over last 3 years: -3.17%
- Working capital days have increased from 115 days to 193 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
Sector: Oil Drill/Allied Industry: Oil Drilling / Allied Services
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 | |
---|---|---|---|---|---|---|---|---|---|---|
540 | 320 | 372 | 149 | 207 | 216 | 398 | 420 | 512 | 617 | |
335 | 284 | 355 | 209 | 198 | 793 | 356 | 310 | 349 | 481 | |
Operating Profit | 205 | 36 | 17 | -60 | 10 | -577 | 42 | 110 | 163 | 136 |
OPM % | 38% | 11% | 5% | -40% | 5% | -267% | 11% | 26% | 32% | 22% |
42 | 127 | 89 | 56 | 81 | 34 | 8 | 32 | 47 | 29 | |
Interest | 12 | 2 | 10 | 4 | 14 | 14 | 16 | 12 | 11 | 13 |
Depreciation | 84 | 15 | 9 | 9 | 9 | 26 | 32 | 43 | 63 | 64 |
Profit before tax | 152 | 146 | 86 | -17 | 69 | -583 | 2 | 87 | 136 | 89 |
Tax % | 17% | 12% | 8% | -51% | 0% | 1% | 416% | 26% | 29% | 42% |
125 | 129 | 80 | -8 | 68 | -591 | -6 | 64 | 97 | 51 | |
EPS in Rs | 43.19 | 44.52 | 27.52 | -2.87 | 23.54 | -203.82 | -2.03 | 22.25 | 33.43 | 17.65 |
Dividend Payout % | 1% | 1% | 2% | -17% | 2% | -0% | -25% | 2% | 2% | 3% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 24% |
3 Years: | 16% |
TTM: | 20% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | -5% |
3 Years: | 124% |
TTM: | -47% |
Stock Price CAGR | |
---|---|
10 Years: | 9% |
5 Years: | 48% |
3 Years: | 66% |
1 Year: | 48% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | -6% |
3 Years: | 6% |
Last Year: | 4% |
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 | |
---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 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 |
356 | 87 | 77 | 63 | 163 | 399 | 330 | 220 | 207 | 294 | |
165 | 189 | 86 | 78 | 610 | 121 | 272 | 276 | 338 | 431 | |
Total Liabilities | 1,982 | 1,905 | 1,853 | 1,824 | 2,592 | 1,796 | 1,723 | 1,691 | 1,854 | 2,088 |
745 | 55 | 68 | 64 | 53 | 531 | 502 | 651 | 602 | 551 | |
CWIP | 0 | 1 | 0 | 0 | 519 | 0 | 0 | 0 | 0 | 0 |
Investments | 767 | 1,100 | 1,094 | 1,052 | 1,181 | 627 | 414 | 447 | 495 | 444 |
470 | 749 | 691 | 709 | 839 | 639 | 807 | 593 | 757 | 1,092 | |
Total Assets | 1,982 | 1,905 | 1,853 | 1,824 | 2,592 | 1,796 | 1,723 | 1,691 | 1,854 | 2,088 |
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 | |
---|---|---|---|---|---|---|---|---|---|---|
-46 | -61 | -67 | 8 | 52 | 106 | 196 | 64 | -44 | ||
-40 | 84 | 86 | -92 | -272 | 60 | -66 | -38 | -20 | ||
84 | -21 | -19 | 86 | 222 | -85 | -119 | -23 | 73 | ||
Net Cash Flow | -2 | 2 | 0 | 2 | 2 | 80 | 11 | 3 | 8 |
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 | |
---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 92 | 134 | 85 | 250 | 176 | 214 | 152 | 134 | 110 | 112 |
Inventory Days | ||||||||||
Days Payable | ||||||||||
Cash Conversion Cycle | 92 | 134 | 85 | 250 | 176 | 214 | 152 | 134 | 110 | 112 |
Working Capital Days | 39 | 158 | 193 | 532 | 440 | 429 | 111 | 46 | 107 | 193 |
ROCE % | 8% | 5% | -1% | 4% | -31% | 1% | 7% | 10% | 6% |
Documents
Announcements
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 23 Jul
- Board Meeting Intimation for Intimation Regarding Meeting Of The Board, Inter Alia, To Consider And Approve Un- Audited Financial Results Of The Company For The Quarter Ended On 30Th June, 2024 19 Jul
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 10 Jul
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Announcement under Regulation 30 (LODR)-Credit Rating
2 Jul - Disclosure under Regulation 30 of SEBI (LODR), 2015 - Credit Rating
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Announcement under Regulation 30 (LODR)-Credit Rating
2 Jul - Disclosure under Reg 30 of SEBI (LODR), 2015 - Credit Rating
Annual reports
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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
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Financial Year 2012
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Financial Year 2011
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Financial Year 2011
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Concalls
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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]