Jindal Drilling

Which are the latest news on Jindal Drilling?

Why is Jindal Drilling & Industries Ltd falling/rising?

As of 23-Jun, Jindal Drilling & Industries Ltd's stock price has declined to 575.10, reflecting a drop of -1.46%. This decline is due to underperformance against the market, reduced investor participation, and a significant price drop over the past month, despite some positive indicators like low debt and increased promoter stake.

As of 23-Jun, Jindal Drilling & Industries Ltd is experiencing a decline in its stock price, currently at 575.10, which reflects a change of -8.55 (-1.46%). This decrease can be attributed to several factors highlighted in the provided data. <BR><BR>Over the past week, the stock has underperformed with a decline of -2.04%, while the benchmark Sensex has only fallen by -0.79%. Additionally, the stock has seen a significant drop of -14.14% over the past month, contrasting sharply with the Sensex's gain of +1.04% during the same period. This trend indicates a lack of investor confidence in the stock relative to the broader market.<BR><BR>Today's performance further illustrates this downward trend, as the stock underperformed its sector by -0.48%. It reached an intraday low of Rs 571, marking a decrease of -2.17%. Furthermore, there has been a notable decline in investor participation, with delivery volume falling by -47.76% compared to the 5-day average, suggesting reduced interest from investors.<BR><BR>While there are positive aspects such as a low debt-to-equity ratio and rising promoter confidence—evidenced by a 2.04% increase in promoter stake—these factors have not been sufficient to counteract the current negative sentiment surrounding the stock. The stock's performance over the past year shows a return of -10.98%, alongside a slight decline in profits of -1%. <BR><BR>In summary, the combination of recent underperformance against both the market and sector, declining investor participation, and a significant drop in price has contributed to the current fall in Jindal Drilling & Industries Ltd's stock price.

How big is Jindal Drilling?

As of 10th June, Jindal Drilling & Industries Ltd has a market capitalization of 1,761.00 Cr, with recent net sales of 996.57 Cr and net profit of 210.62 Cr over the last four quarters.

As of 10th June, <BR><BR>Market Cap: Jindal Drilling & Industries Ltd has a market capitalization of 1,761.00 Cr, categorizing it as a Small Cap company.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 996.57 Cr, while the sum of Net Profit for the same period is 210.62 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period for the latest annual data is March 2025. Shareholder's Funds stand at 1,588.20 Cr, and Total Assets are valued at 2,780.29 Cr.

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 oversee the company's operations 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 is responsible for overseeing the company's operations and strategic direction.

Who are the peers of the Jindal Drilling?

Jindal Drilling's peers include Veedol Corporat, Hind.Oil Explor., Panama Petrochem, and others, with varying management and growth risks. Jindal Drilling has a 1-year return of -6.72%, better than Prabha Energy's -36.00% but lower than Guj.Nat.Resour.'s 59.55%.

Peers: The peers of Jindal Drilling are Veedol Corporat, Hind.Oil Explor., Panama Petrochem, Prabha Energy, Asian Energy, Dolphin Offshore, Gandhar Oil Ref., Guj.Nat.Resour., Ganesh Benzopl., and Rajasthan Securi.<BR><BR>Quality Snapshot: Excellent management risk is observed at Veedol Corporat, Panama Petrochem, Asian Energy, and Ganesh Benzopl., while Average management risk is found at Hind.Oil Explor., Jindal Drilling, Dolphin Offshore, Gandhar Oil Ref., and Rajasthan Securi, and the rest. Below Average management risk is noted at Prabha Energy and Guj.Nat.Resour. In terms of Growth, Excellent growth is seen at Dolphin Offshore and Rajasthan Securi, Good growth is noted at Jindal Drilling and Guj.Nat.Resour., while Average growth is found at Prabha Energy, and Below Average growth is observed at Veedol Corporat, Hind.Oil Explor., Panama Petrochem, Asian Energy, Gandhar Oil Ref., and Ganesh Benzopl., and the rest. For Capital Structure, Excellent capital structure is noted at Veedol Corporat, Panama Petrochem, Asian Energy, Jindal Drilling, and Ganesh Benzopl., Good capital structure is found at Hind.Oil Explor., Dolphin Offshore, and Gandhar Oil Ref., while Below Average capital structure is observed at Prabha Energy and Guj.Nat.Resour.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Guj.Nat.Resour. at 59.55%, while Prabha Energy has the lowest at -36.00%. Jindal Drilling's 1-year return is -6.72%, which is higher than Prabha Energy's but lower than Guj.Nat.Resour. Additionally, the peers with negative six-month returns include Veedol Corporat, Prabha Energy, and Guj.Nat.Resour.

What does Jindal Drilling do?

Jindal Drilling & Industries Ltd manufactures seamless casing pipes and provides offshore oil well drilling services. As of March 2026, it reported net sales of 263 Cr and a net profit of 45 Cr, with a market cap of INR 1,761 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>The company was incorporated on 17th October 1983 and has been actively engaged in its operations since then. The latest quarterly results reported net sales and profit for the period ending March 2026.<BR><BR>Financial Snapshot: <BR>Net Sales: 263 Cr (Quarterly Results - Mar 2026) <BR>Net Profit: 45 Cr (Quarterly Results - Mar 2026) <BR>Market Cap: INR 1,761 Cr (Small Cap)<BR><BR>Key Metrics: <BR>P/E: 8.00 <BR>Industry P/E: 12 <BR>Dividend Yield: 0.16% <BR>Debt-Equity: -0.12 <BR>Return on Equity: 11.74% <BR>Price to Book: 0.98 <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

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

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.

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.

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.