Jindal Drilling

Which are the latest news on Jindal Drilling?

Why is Jindal Drilling & Industries Ltd falling/rising?

As of 09-Jun, Jindal Drilling & Industries Ltd's stock price is at 615.05, down slightly today but has shown strong performance over the past week and month, outperforming the Sensex. Rising investor participation and increasing promoter stake indicate a positive outlook despite recent challenges in profitability.

As of 09-Jun, Jindal Drilling & Industries Ltd's stock price is currently at 615.05, reflecting a decrease of 1.15 (-0.19%). Despite this slight decline today, the stock has shown positive performance over the past week, increasing by 1.52%, and has significantly outperformed the benchmark Sensex, which fell by 0.98% during the same period. Over the last month, the stock has risen by 14.78%, while the Sensex has decreased by 4.41%.<BR><BR>The stock's performance year-to-date shows a gain of 7.19%, contrasting with the Sensex's decline of 13.26%. However, over the past year, Jindal Drilling has experienced a return of -4.50%, which indicates a decline in profits by 1%. This suggests that while the stock has had strong short-term gains, it has faced challenges in maintaining profitability over a longer period.<BR><BR>Investor participation has been rising, with a delivery volume of 1.8 lacs on June 8, which is up by 28.81% compared to the 5-day average. This increase in trading activity may indicate growing interest in the stock, despite the current price drop. The stock is also trading above its 20-day, 50-day, 100-day, and 200-day moving averages, which typically suggests a positive trend, although it is below the 5-day moving average.<BR><BR>Additionally, the company has a low debt-to-equity ratio of 0.05, indicating financial stability, and has shown healthy long-term growth with an operating profit growth rate of 45.81%. The return on equity (ROE) stands at 11.7, and the stock is trading at a discount compared to its peers, which may attract investors looking for value.<BR><BR>Furthermore, promoter confidence is rising as they have increased their stake in the company by 2.04% over the previous quarter, now holding 66.44% of the company. This increase in ownership by promoters is often viewed as a positive signal regarding the company's future prospects.<BR><BR>In summary, while Jindal Drilling & Industries Ltd is experiencing a slight decline in stock price today, the overall performance metrics, rising investor participation, and increasing promoter confidence suggest a generally positive outlook for the stock in the near term.

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.

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.

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.