Jindal Drilling

how big is Jindal Drilling?

As of Jun 06, Jindal Drilling & Industries Ltd has a market capitalization of 1,811.32 Cr, with net sales of 827.95 Cr and a net profit of 215.89 Cr for the latest four quarters. Shareholder's funds are valued at 1,362.21 Cr, and total assets amount to 2,040.51 Cr as of the latest annual period ending in Mar 24.

Market Cap: As of Jun 06, Jindal Drilling & Industries Ltd has a market capitalization of 1,811.32 Cr, categorizing it as a Small Cap company.<BR><BR>Recent Quarterly Performance: For the latest four quarters, Jindal Drilling reported net sales of 827.95 Cr and a net profit of 215.89 Cr. This data is consolidated.<BR><BR>Balance Sheet Snapshot: This is consolidated data for the latest annual period ending in Mar 24. The shareholder's funds are valued at 1,362.21 Cr, and total assets amount to 2,040.51 Cr.

What does Jindal Drilling do?

Jindal Drilling & Industries Ltd manufactures seamless casing pipes and provides offshore oil well drilling services. As of March 2025, it reported net sales of ₹245 Cr and a net profit of ₹72 Cr, with a market cap of ₹1,809 Cr.

Overview: <BR>Jindal Drilling & Industries Ltd is a manufacturer of seamless casing pipes and provides offshore oil well drilling services, operating within the small-cap oil industry.<BR><BR>History: <BR>Incorporated on 17th October 1983, Jindal Drilling has been engaged in oil and gas exploration services. The latest reported quarterly results indicate net sales and net profit for the period ending March 2025.<BR><BR>Financial Snapshot: <BR>Net Sales: 245 Cr (Quarterly Results - Mar 2025) <BR>Net Profit: 72 Cr (Quarterly Results - Mar 2025) <BR>Market Cap: Rs 1,809 Cr (Small Cap)<BR><BR>Key Metrics: <BR>P/E: 8.00 <BR>Industry P/E: 19 <BR>Dividend Yield: 0.08% <BR>Debt Equity: -0.03 <BR>Return on Equity: 13.59% <BR>Price to Book: 1.15 <BR><BR>Contact Details: <BR>Address: Pipe Nagar Village Sukeli, NH 17 BKG Road Taluka Roha Raigad Maharashtra : 402126 <BR>Tel: 91-02194-238511 <BR>Email: secretarial@jindaldrilling.in <BR>Website: http://www.jindal.com

Has Jindal Drilling declared dividend?

Yes, Jindal Drilling & Industries Ltd has declared a 10% dividend, amounting to ₹0.5 per share, with an ex-date of August 14, 2024. While recent total returns have been volatile, long-term price returns show significant growth.

Jindal Drilling & Industries Ltd has declared a 10% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 10%<BR>- Amount per share: 0.5<BR>- Ex-date: 14 Aug 24<BR><BR>Dividend Yield: 0.08%.<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was -22.88%, with a dividend return of 0%, resulting in a total return of -22.88%.<BR><BR>Over the past year, the price return was 1.5%, the dividend return was 0.08%, leading to a total return of 1.58%.<BR><BR>In the 2-year period, the price return was 100.0%, with a dividend return of 0.28%, resulting in a total return of 100.28%.<BR><BR>For the 3-year period, the price return was 210.99%, the dividend return was 0.87%, culminating in a total return of 211.86%.<BR><BR>In the last 4 years, the price return was 444.27%, with a dividend return of 1.53%, resulting in a total return of 445.8%.<BR><BR>Over the past 5 years, the price return was 729.79%, with a dividend return of 3.39%, leading to a total return of 733.18%.<BR><BR>Overall, Jindal Drilling has declared a dividend, and while the recent total returns have shown some volatility, the longer-term returns reflect significant growth, particularly in price returns over the years.

Who are the peers of the Jindal Drilling?

Jindal Drilling's peers include Reliance Industries, ONGC, IOC, BPCL, HPCL, and others. Management risk varies from excellent at ONGC and IOC to below average at Dolphin Offshore, with Jindal Drilling showing average growth and a 1-year return of 4.58%.

Peers: The peers of Jindal Drilling are Reliance Industr, ONGC, I O C L, B P C L, HPCL, Gandhar Oil Ref., Dolphin Offshore, Asian Energy, Selan Expl. Tech, and Ganesh Benzopl.<BR><BR>Quality Snapshot: Excellent management risk is observed at ONGC, I O C L, B P C L, HPCL, and Gandhar Oil Ref., while Average management risk is found at Jindal Drilling, Reliance Industr, Asian Energy, Selan Expl. Tech, and Ganesh Benzopl. Below Average management risk is noted at Dolphin Offshore. Growth is Excellent for ONGC, I O C L, B P C L, HPCL, and Dolphin Offshore, while Good growth is seen at Reliance Industr and Gandhar Oil Ref. Average growth is present at Jindal Drilling, Selan Expl. Tech, and Ganesh Benzopl., with Below Average growth at Asian Energy. Capital Structure is Excellent for Jindal Drilling, Asian Energy, and Selan Expl. Tech, while Good capital structure is found at Reliance Industr, ONGC, I O C L, B P C L, HPCL, and Gandhar Oil Ref., and Below Average at HPCL.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Asian Energy at 16.80%, while Dolphin Offshore has the lowest at -46.01%. Jindal Drilling's 1-year return is 4.58%, which is better than Dolphin Offshore but lower than Asian Energy. Additionally, the six-month return is negative for Dolphin Offshore, Gandhar Oil Ref., and HPCL.

Who are in the management team of Jindal Drilling?

As of March 2022, the management team of Jindal Drilling includes D P Jindal (Chairman), Raghav Jindal (Managing Director), and several independent directors, along with a Company Secretary. This diverse team oversees the company's governance and strategic direction.

As of March 2022, the management team of Jindal Drilling includes the following members:<BR><BR>1. D P Jindal - Chairman & Non Executive Director<BR>2. Raghav Jindal - Executive Director / Managing Director / Promoter<BR>3. Vijay Kaushik - Independent Non Executive Director<BR>4. Saroj Bhartia - Independent Non Executive Director<BR>5. R K Agarwal - Independent Non Executive Director<BR>6. Sunil Arora - Independent Non Executive Director<BR>7. Shiv Kumar Singhal - Non-Executive & Non-Independent Director<BR>8. Pawan Kumar Rustagi - Company Secretary & Compliance Officer<BR><BR>This team comprises a mix of executive and independent directors, contributing to the governance and strategic direction of the company.

Who are the top shareholders of the Jindal Drilling?

The top shareholders of Jindal Drilling include Jindal Global Finance And Investment Ltd. with 17.4%, individual investors at 20.46%, and Babul Holdings Pvt. Ltd. with 3.45%. Additionally, 29 foreign institutional investors hold 2.05%, and a mutual fund holds 0.14%, with no pledged promoter holdings reported.

The top shareholders of Jindal Drilling include the promoters, who hold the majority of the shares. The promoter with the highest holding is Jindal Global Finance And Investment Ltd, which owns 17.4% of the company. Additionally, individual investors collectively hold 20.46% of the shares. Among public shareholders, Babul Holdings Pvt. Ltd. is the largest, with a stake of 3.45%. The company also has 29 foreign institutional investors (FIIs) holding 2.05% of the shares, along with a mutual fund that holds 0.14%. There are no pledged promoter holdings reported.

How has been the historical performance of Jindal Drilling?

Jindal Drilling has shown significant growth in net sales and profitability, with net sales increasing from 207.39 crore in March 2019 to 827.95 crore in March 2025, and profit after tax rising from 40.01 crore to 140.84 crore in the same period, reflecting strong operational performance. Total assets also grew substantially, indicating a robust expansion of the company's operations.

Answer:<BR>The historical performance of Jindal Drilling shows significant growth in net sales and profitability over the years, culminating in the fiscal year ending March 2025.<BR><BR>Breakdown:<BR>Jindal Drilling's net sales have steadily increased from 207.39 crore in March 2019 to 827.95 crore in March 2025, reflecting a strong upward trend. Total operating income followed a similar trajectory, rising from 216.20 crore in March 2020 to 827.95 crore in March 2025. The company's operating profit (PBDIT) also saw substantial growth, reaching 293.80 crore in March 2025, up from just 61.82 crore in March 2019. Profit before tax improved significantly, reaching 188.41 crore in March 2025 compared to 40.33 crore in March 2019. Consequently, profit after tax surged to 140.84 crore in March 2025, a notable increase from 40.01 crore in March 2019. The earnings per share (EPS) reflected this growth, rising to 74.5 in March 2025 from 23.53 in March 2019. On the balance sheet, total assets increased from 2,780.29 crore in March 2025, up from 1,796.40 crore in March 2020, while total liabilities also grew, indicating a significant expansion of the company's operations. Cash flow from operating activities improved dramatically, reaching 864 crore in March 2025, compared to a negative cash flow in previous years. Overall, Jindal Drilling has demonstrated a robust financial performance with consistent growth in sales, profits, and operational efficiency over the years.

Is Jindal Drilling overvalued or undervalued?

As of November 6, 2025, Jindal Drilling is considered very attractive due to its undervalued status with a PE ratio of 4.91, an EV to EBITDA of 4.35, and a PEG ratio of 0.02, despite recent stock performance lagging behind the Sensex, indicating strong long-term growth potential compared to peers like Reliance Industries and ONGC.

As of 6 November 2025, Jindal Drilling's valuation grade has moved from attractive to very attractive, indicating a significant improvement in its perceived value. The company is currently undervalued, with a PE ratio of 4.91, an EV to EBITDA of 4.35, and a PEG ratio of just 0.02, suggesting strong growth potential relative to its price. <BR><BR>In comparison to its peers, Jindal Drilling stands out with a much lower PE ratio than Reliance Industries at 24.36 and ONGC at 8.75, while also exhibiting a more favorable EV to EBITDA ratio than both ONGC and IOC, which are at 4.72 and 19.63, respectively. Despite recent stock performance lagging behind the Sensex year-to-date, with a decline of 26.39% compared to the Sensex's 6.62% increase, the long-term outlook remains promising given its substantial gains over the past five years.

Is Jindal Drilling technically bullish or bearish?

As of November 21, 2025, Jindal Drilling's technical trend has shifted to a bearish stance, supported by daily moving averages and weekly indicators, despite a mildly bullish weekly MACD.

As of 21 November 2025, the technical trend for Jindal Drilling has changed from mildly bearish to bearish. The current stance is bearish with moderate strength. Key indicators driving this assessment include the daily moving averages indicating a bearish trend, and the weekly KST and Dow Theory both showing bearish signals. The MACD on a weekly basis is mildly bullish, but the monthly MACD and Bollinger Bands are both mildly bearish, reinforcing the overall bearish outlook. The stock's performance has also been underwhelming compared to the Sensex, particularly year-to-date and over the past year.

Are Jindal Drilling & Industries Ltd latest results good or bad?

Jindal Drilling & Industries Ltd reported a net loss of ₹33.39 crores in Q3 FY26, a significant decline from the previous quarter, despite a modest revenue increase of 1.49%. While long-term revenue growth is promising, the recent loss and reduced operating margins raise concerns about earnings sustainability, suggesting investors should proceed with caution.

Jindal Drilling & Industries Ltd's latest results for Q3 FY26 indicate a challenging quarter. The company reported a net loss of ₹33.39 crores, which is a significant decline of 125.20% compared to the previous quarter. This loss was primarily driven by an exceptional negative adjustment in other income, which swung dramatically from a positive contribution in the prior quarter.<BR><BR>On a more positive note, the company achieved a revenue of ₹241.58 crores, reflecting a modest increase of 1.49% quarter-on-quarter and a notable 25.86% growth over the nine-month period compared to the previous year. However, the operating margin saw a substantial contraction, dropping to 29.68% from 38.89% in the previous quarter, indicating rising costs and margin pressures.<BR><BR>Overall, while the long-term revenue growth trend appears strong, the recent quarterly loss raises concerns about earnings quality and sustainability. The market seems to be reflecting this uncertainty, as evidenced by the stock trading significantly below its 52-week high. Investors may want to approach with caution until there is clearer evidence of operational stability and margin recovery.

When is the next results date for Jindal Drilling & Industries Ltd?

The next results date for Jindal Drilling & Industries Ltd is 22 May 2026.

The next results date for Jindal Drilling & Industries Ltd is scheduled for 22 May 2026.

Should I buy, sell or hold Jindal Drilling & Industries Ltd?

Which are the latest news on Jindal Drilling?

Why is Jindal Drilling & Industries Ltd falling/rising?

As of 20-May, Jindal Drilling & Industries Ltd's stock price is rising, currently at 659.10, reflecting a 3.65 (0.56%) increase. The stock has shown strong performance with a 21.53% rise over the past month, driven by positive fundamentals and increased promoter confidence.

As of 20-May, Jindal Drilling & Industries Ltd's stock price is rising, currently at 659.10, with a change of 3.65 (0.56%) upward. The stock has shown strong performance over the past week, gaining 2.64%, and has significantly outperformed the benchmark Sensex, which declined by 4.08% over the same period. Notably, the stock has risen by 21.53% over the past month, while the Sensex has fallen.<BR><BR>The stock has been on a positive trend, gaining for three consecutive days and achieving a total return of 13.27% during this period. It reached an intraday high of Rs 679.5, reflecting a 3.67% increase. Additionally, Jindal Drilling is trading above its moving averages across various time frames, indicating a bullish trend.<BR><BR>Positive factors contributing to the stock's rise include a healthy long-term growth outlook, with operating profit increasing at an annual rate of 52.53%. The company's return on equity (ROE) stands at 18.7, and it is trading at a discount compared to its peers' historical valuations, further enhancing its attractiveness. The promoters have also shown increased confidence by raising their stake in the company by 2.04% in the previous quarter, now holding 66.44% of the company.<BR><BR>Despite some negative indicators, such as the stock underperforming its sector by 1.81% today and a slight decline in delivery volume, the overall sentiment remains positive, driven by strong fundamentals and promoter confidence.