Jindal Drilling

Which are the latest news on Jindal Drilling?

Why is Jindal Drilling & Industries Ltd falling/rising?

As of 05-Sep, Jindal Drilling & Industries Ltd's stock price is Rs 663.60, up 2.11%, driven by strong performance against the Sensex and increased investor interest. The stock is nearing its 52-week high and has shown consistent gains, outperforming its sector and moving averages.

As of 05-Sep, Jindal Drilling & Industries Ltd is experiencing a rise in its stock price, currently at Rs 663.60, reflecting an increase of Rs 13.7 or 2.11%. This upward movement can be attributed to several key factors. Over the past week, the stock has gained 5.58%, significantly outperforming the Sensex, which has declined by 0.97%. In the last month, the stock has risen by 8.03%, while the Sensex has fallen by 2.44%. Year-to-date, Jindal Drilling has shown a robust performance with a 15.65% increase compared to the Sensex's decline of 10.21%.<BR><BR>Additionally, the stock is close to its 52-week high, being only 4.35% away from Rs 693.95. Today's performance indicates that it has outperformed its sector by 1.4%, and it has been on a consecutive gain streak for the last three days, accumulating an 8.2% return during this period. The stock also reached an intraday high of Rs 671.95, marking a 3.39% increase.<BR><BR>Moreover, Jindal Drilling is trading above its moving averages across various time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, which is a positive technical indicator. There has also been a notable increase in investor participation, with delivery volume rising by 185.14% against the 5-day average, indicating heightened interest in the stock. The liquidity of the stock is sufficient for trading, further supporting its price rise. Overall, these factors collectively contribute to the rising stock price of Jindal Drilling & Industries Ltd.

Who are in the management team of Jindal Drilling?

The management team of Jindal Drilling includes D P Jindal (Chairman), Raghav Jindal (Managing Director), and several independent and non-executive directors, along with Pawan Kumar Rustagi as Company Secretary. They are responsible for the company's governance and strategic direction.

The management team of Jindal Drilling includes the following individuals:<BR><BR>1. **D P Jindal** - Chairman & Non-Executive Director<BR>2. **Raghav Jindal** - Executive Director, Managing Director, and 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 plays a crucial role in the governance and strategic direction of the company.

What does Jindal Drilling do?

Jindal Drilling & Industries Ltd manufactures seamless casing pipes and provides offshore oil well drilling services. As of June 2026, it reported net sales of 275 Cr and a net profit of 47 Cr, with a market cap of INR 1,802 Cr.

Overview: <BR>Jindal Drilling & Industries Ltd is a manufacturer of seamless casing pipes and provides offshore oil well drilling services, operating within the oil industry and categorized as a micro-cap company.<BR><BR>History: <BR>The company was incorporated on 17th October 1983. The latest quarterly results reported net sales and net profit for June 2026.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: 275 Cr (Quarterly Results - Jun 2026) <BR>Most recent Net Profit: 47 Cr (Quarterly Results - Jun 2026) <BR>Market-cap value: INR 1,802 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 9.00 <BR>Industry P/E: 14 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: -0.12 <BR>Return on Equity: 11.74% <BR>Price to Book: 1.00<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

Who are the peers of the Jindal Drilling?

Jindal Drilling's peers include Veedol Corporat, Gandhar Oil Ref., Asian Energy, and Dolphin Offshore, among others. In terms of management risk, growth, and capital structure, Jindal Drilling shows good performance, with a 1-year return of 2.41%, lower than Gandhar Oil Ref. (76.52%) but higher than Veedol Corporat (-10.48%).

Peers: The peers of Jindal Drilling are Veedol Corporat, Gandhar Oil Ref., Asian Energy, Dolphin Offshore, Hind.Oil Explor., Guj.Nat.Resour., Ganesh Benzopl., Rajasthan Securi, and GP Petroleums.<BR><BR>Quality Snapshot: Excellent management risk is observed at Veedol Corporat, Gandhar Oil Ref., Asian Energy, and Rajasthan Securi, while Average management risk is found at Dolphin Offshore, Hind.Oil Explor., Ganesh Benzopl., and GP Petroleums, and the rest. Below Average management risk is noted at Guj.Nat.Resour. and Oil Country. Growth is Excellent for Dolphin Offshore, Guj.Nat.Resour., and Rajasthan Securi, while Good growth is seen at Jindal Drilling, and Average growth is present at Gandhar Oil Ref., Asian Energy, and the rest. Below Average growth is noted at Veedol Corporat, Hind.Oil Explor., Ganesh Benzopl., and GP Petroleums. Capital Structure is Excellent for Veedol Corporat, Gandhar Oil Ref., Asian Energy, Jindal Drilling, Ganesh Benzopl., and GP Petroleums, while Good is observed at Dolphin Offshore and Hind.Oil Explor., and Below Average at Guj.Nat.Resour. and Oil Country.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Gandhar Oil Ref. at 76.52%, while the lowest is Veedol Corporat at -10.48%. Jindal Drilling's 1-year return is 2.41%, which is higher than Veedol Corporat but significantly lower than Gandhar Oil Ref. Additionally, Guj.Nat.Resour. and Oil Country have negative six-month returns.

How big is Jindal Drilling?

As of 31st August, Jindal Drilling & Industries Ltd has a market capitalization of 1,802.00 Cr, with recent net sales of 1,017.87 Cr and a net profit of 191.65 Cr.

As of 31st August, Jindal Drilling & Industries Ltd has a market capitalization of 1,802.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Jindal Drilling reported Net Sales of 1,017.87 Cr and a Net Profit of 191.65 Cr.<BR><BR>The latest annual period for the balance sheet is March 2026, with Shareholder's Funds amounting to 1,820.23 Cr and Total Assets valued at 2,507.39 Cr.

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

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

The next results date for Jindal Drilling & Industries Ltd is August 7, 2026.

The next results date for Jindal Drilling & Industries Ltd is scheduled for August 7, 2026.

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

Jindal Drilling & Industries Ltd's latest results show strong revenue growth of 8.81% to ₹262.87 crores, but profitability has declined, with operating margins dropping to 29.71% and a 36.63% year-on-year decrease in net profit to ₹45.38 crores, indicating potential concerns for investors.

Jindal Drilling & Industries Ltd's latest results present a mixed picture. On one hand, the company achieved robust revenue growth, with net sales increasing by 8.81% quarter-on-quarter to ₹262.87 crores, marking the highest quarterly figure on record. This growth was primarily driven by steady drilling operations and improved capacity utilization.<BR><BR>However, the profitability metrics tell a different story. The operating margin, excluding other income, has compressed to 29.71%, down from 42.04% in the previous quarter. This indicates rising operational costs and challenges in maintaining profitability despite revenue growth. Additionally, while the consolidated net profit for the quarter was ₹45.38 crores, this represents a significant decline of 36.63% year-on-year.<BR><BR>The volatility in other income, which swung dramatically from negative ₹80.52 crores in the previous quarter to positive ₹8.80 crores, raises concerns about the stability of the company's earnings. Overall, while the revenue growth is commendable, the deterioration in profitability and the volatility in earnings quality suggest caution moving forward. Investors should closely monitor upcoming quarters for signs of margin stabilization and consistent profitability.

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.

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.

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.

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.

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.