1. India Stocks

  2. •

    Industrial services

  3. •

    Contract drilling
Jindal Drilling & Industries Ltd.

Jindal Drilling & Industries Ltd.

511.65
INR
-17.90
(-3.38%)
66.13EPS
8.24P/E
15.79BMarket Cap
Jindal Drilling & Industries Ltd.
NSE:JINDRILL
(National Stock Exchange of India)

Recent

price

511.65

P/E

ratio

8.24

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
INR
459.03
382.62
337.86
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
Revenue per Share
43.97
22.3
27.34
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
Basic EPS, GAAP
35.72
15.61
6.01
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
- -
Free Cash Flow per Basic Share
1.46
0.5
0.48
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
- -
Dividend per Share
196.52
213.09
247.61
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
- -
Book Value per Share
196.23
212.73
247.33
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
- -
Tangible Book Value per Share
23
23
24
27
29
29
29
29
29
29
29
29
29
29
29
29
29
Basic Weighted Avg Shares
10,526
8,774
8,135
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
Sales/Revenue/Turnover
14.12
8.4
9.62
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
Operating Margin (%)
111
108
107
108
138
147
92
92
89
258
324
434
628
636
891
1,506
- -
Depreciation Expense
1,008
511
658
492
1,252
1,290
798
-83
682
-5,907
-59
645
969
511
2,159
2,106
1,917
Net Income, GAAP
32.86
34.31
29.26
27.07
17.42
11.79
7.77
- -
0.47
- -
415.87
25.54
28.8
42.34
18.05
21.99
23.4
Effective Tax Rate (%)
9.58
5.83
8.09
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
Profit Margin (%)
2,479
2,430
2,623
3,670
3,128
1,436
1,827
1,595
923
780
576
971
1,715
2,736
-96
2,696
- -
Working Capital
27
- -
- -
- -
- -
1,999
- -
- -
- -
2,165
1,801
1,484
799
1,323
693
- -
- -
LT Debt
4,507
4,886
6,359
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
- -
Total Equity
24.16
10.27
9.74
6.77
9.3
1.1
1.17
- -
- -
- -
-8.16
3.45
5.58
5.04
6.22
8.11
- -
Return on Invested Capital (%)
24.53
10.95
11.61
7.02
11.97
7.71
4.81
- -
4.33
- -
-3.26
4.91
7.01
3.69
11.42
9.94
- -
Return on Capital (%)
25.15
10.89
11.71
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
- -
Return on Common Equity (%)

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
16,626
13,382
15,786

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
- -
- -
- -
- -
- -
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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.