1. India Stocks

  2. •

    Industrial services

  3. •

    Contract drilling
Jindal Drilling & Industries Ltd.

Jindal Drilling & Industries Ltd.

511.80
INR
-18.10
(-3.42%)
66.13EPS
8.23P/E
15.78BMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
274.22
186.42
110.33
128.22
51.39
71.56
74.6
137.28
144.87
176.73
212.9
285.69
343.87
351.25
Basic EPS, GAAP
18
43.19
44.52
27.52
-2.87
23.54
-203.82
-2.03
22.24
33.43
17.65
74.5
72.67
66.13
Free Cash Flow per Basic Share
4.19
40.76
-19.76
-24.72
-25.41
0.22
-156.17
34.55
1.07
22.06
-15.25
298.16
59.23
- -
Dividend per Share
0.55
0.58
0.5
0.5
0.5
0.5
0.5
0.5
0.5
0.5
0.5
0.5
1
- -
Book Value per Share
260.39
504.26
561.98
583.06
580.87
627.68
440.29
387.01
412.04
451.77
470.03
548.01
628.07
- -
Tangible Book Value per Share
260.23
504.14
561.87
582.93
580.77
627.41
440.09
386.86
411.94
451.73
469.99
547.99
628.05
- -
Basic Weighted Avg Shares
27
29
29
29
29
29
29
29
29
29
29
29
29
29
Sales/Revenue/Turnover
7,495
5,403
3,197
3,716
1,489
2,074
2,162
3,979
4,199
5,122
6,170
8,280
9,966
10,179
Operating Margin (%)
8.78
23.14
6.74
6.18
-27.47
7.54
7.5
12.45
16.33
22.84
23.32
18.3
23.28
21.78
Depreciation Expense
108
138
147
92
92
89
258
324
434
628
636
891
1,506
- -
Net Income, GAAP
492
1,252
1,290
798
-83
682
-5,907
-59
645
969
511
2,159
2,106
1,917
Effective Tax Rate (%)
27.07
17.42
11.79
7.77
- -
0.47
- -
415.87
25.54
28.8
42.34
18.05
21.99
23.4
Profit Margin (%)
6.56
23.17
40.35
21.46
-5.59
32.89
-273.22
-1.48
15.35
18.92
8.29
26.08
21.13
18.83
Working Capital
3,670
3,128
1,436
1,827
1,595
923
780
576
971
1,715
2,736
-96
2,696
- -
LT Debt
- -
- -
1,999
- -
- -
- -
2,165
1,801
1,484
799
1,323
693
- -
- -
Total Equity
7,546
14,614
16,287
16,898
16,834
18,191
12,760
11,216
11,941
13,093
13,622
15,882
18,202
- -
Return on Invested Capital (%)
6.77
9.3
1.1
1.17
- -
- -
- -
-8.16
3.45
5.58
5.04
6.22
8.11
- -
Return on Capital (%)
7.02
11.97
7.71
4.81
- -
4.33
- -
-3.26
4.91
7.01
3.69
11.42
9.94
- -
Return on Common Equity (%)
7.08
11.3
8.35
4.81
-0.49
3.89
-38.17
-0.49
5.57
7.74
3.83
14.64
12.36
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
1,880
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
29
29
29
Market Capitalization
16,629
13,362
15,783

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
7,352
- -
Cash, Cash Equivalents & STI
- -
2,212
- -
Accounts Receivable, Net
- -
2,238
- -
Inventories
- -
634
- -
Total Current Liabilities
- -
4,657
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
1,880
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
2.08%
10.27%
14.61%
Free Cash Flow
-7,246.29%
-88.56%
-80.14%
Net Income, GAAP
-300.76%
-174.96%
-2.45%
Sales/Revenue/Turnover
18.64%
20.51%
20.36%
Total Cash Common Dividend
- -
- -
100%

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
1,710
1,725
2,395
2,450
8,280
2026
2,541
2,380
2,416
2,629
9,966
2027
2,754
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
15.13
11.9
22.77
24.72
74.5
2026
22.81
45.73
-11.52
15.66
72.67
2027
16.27
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
0.5
2026
- -
- -
- -
- -
1
2027
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Narayan Ramaswamy
Full Time Employees
744
Sector
Industrial services
Industry
Contract drilling
Address
5 Pusa Road Gurgaon India 110005
IPO Date
Aug 28, 1995
Website
jindal.com
Similar Companies
SLB Limited (NYSE:SLB)
Transocean Ltd (Switzerland) (NYSE:RIG)
Baker Hughes Company (NASDAQ:BKR)
Borr Drilling Limited (NYSE:BORR)
Helmerich & Payne, Inc. (NYSE:HP)
Valaris Limited (NYSE:VAL)
Business
Jindal Drilling & Industries Limited (JDIL), part of the D.P. Jindal Group Drilling Division, provides offshore drilling and allied services to oil and gas exploration companies primarily in India. The company offers offshore jack-up rig drilling services for water depths up to 350 feet, including operations with rigs such as Jindal Explorer and Jindal Pioneer; directional and horizontal drilling utilizing mud motors, drilling jars, and measurement while drilling (MWD) systems for real-time trajectory data including direction, tool face, inclination, and temperature; mud logging services to detect oil and gas through borehole sample analysis; and related activities such as re-threading, heat treatment, cold processing, threading, and finishing of seamless casing pipes, alongside trading in steel pipes. JDIL primarily serves clients like Oil and Natural Gas Corporation (ONGC) in the Mumbai Offshore (Bombay High) region and onshore sites, with operations focused on India. Founded in 1983 and headquartered in Mumbai, Maharashtra, the company maintains its registered office in Pipe Nagar, Village-Sukeli, Roha, Maharashtra. Recent developments include the March 2024 acquisition of jack-up rig Jindal Pioneer for USD 75 million from joint venture Discovery Drilling Pte. Ltd., funded by internal accruals to enhance operational synergies and scale; commencement in November 2025 of a three-year charter for rig Jindal Explorer with ONGC at an effective day rate (EDR) of USD 35,138.71, succeeding the prior contract; a May 2025 notification of award from ONGC for the subsequent Jindal Explorer deployment starting Q3 FY26; and strong financial performance with consolidated net profit surging 106.5% to Rs 65.95 crore in Q3 FY25.