Jindal Drilling & Industries Ltd
- P/E
- 7.5x
- 52-week range
- 440.1 – 704.4
- ROE
- 13%
- ROCE
- 15%
- Sector
- Oil
- Industry
- Offshore Support Solution Drilling
- Listed on
- NSE, BSE
About
Jindal Drilling and Industries Limited is an India-based company. The Company is engaged in providing services to entities involved in the exploration of oil and gas. The Company operates through the drilling and related services segment. The Company offers various services, such as offshore drilling, directional/horizontal drilling, measurement while drilling (MWD) services and mud logging services. It offers various types of offshore rigs, such as drilling barges, jack-up rigs, submersible rigs, semi-submersible rigs and drill ships. It provides the retrievable MWD tool, which can be retrieved using a wireline, without having to pull out the complete string, thus saving considerable rig time. The MWD is a technology used to determine the position of a well by measuring real-time parameters, such as direction, inclination and tool face. It operates approximately six Jack-up Rigs, namely Jindal Explorer, Jindal Pioneer, Discovery I, Jindal Star, Virtue I, and Jindal Supreme.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Offshore Support Solution Drilling: 5 companies →Jindal Drilling & Industries Ltd against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)7.5 against a typical 15.8: cheaper than most peers (1st = cheapest).1st of 5
- Sales growth+8.3% against a typical +44.7% from a year earlier.5th of 5
- Profit growth−28.8% against a typical +16.3% from a year earlier.4th of 4
- Share price, 3 months−12.9% against a typical −8.9%.5th of 5
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
Adequate safety
Rated A+ by CRISIL- No warnings from the agency.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| CRISIL | Crisil A+ | Stable | 15 May 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 15 May 2026 | Reaffirmed | Crisil A+ | — | CRISIL | ₹ 655 Cr. | |
| 24 Sep 2025 | Reaffirmed | Crisil A+ | — | CRISIL | ₹ 655 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 7 Aug 2026 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2026 |
| 22 May 2026 | Financial Results/Dividend | To consider and approve the financial results for the period ended March 31, 2026 and dividend |
| 28 Jan 2026 | Financial Results | To consider and approve the financial results for the period ended December 31, 2025 |
| 4 Nov 2025 | Financial Results | To consider and approve the financial results for the period ended September 30, 2025 |
| 30 Jul 2025 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2025 |
| 26 May 2025 | Financial Results/Dividend | To consider and approve the financial results for the period ended March 31, 2025 and dividend |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 142 | 183 | 198 | 171 | 172 | 239 | 245 | 254 | 238 | 242 | 263 | 275 |
| Expenses | 98 | 128 | 195 | 132 | 141 | 159 | 158 | 147 | 145 | 170 | 185 | 177 |
| Operating Profit | 44 | 55 | 3 | 39 | 31 | 81 | 87 | 107 | 93 | 72 | 78 | 98 |
| OPM % | 31% | 30% | 1.3% | 23% | 18% | 34% | 36% | 42% | 39% | 30% | 30% | 36% |
| Other Income | 8 | 7 | 11 | 34 | 29 | 32 | 37 | 18 | 121 | −77 | 18 | 7 |
| Interest | 4 | 4 | 2 | 5 | 4 | 4 | 3 | 3 | 2 | 2 | 2 | 1 |
| Depreciation | 16 | 16 | 16 | 16 | 16 | 26 | 31 | 37 | 38 | 38 | 38 | 39 |
| Profit before tax | 32 | 42 | −5 | 51 | 40 | 82 | 90 | 85 | 173 | −45 | 57 | 65 |
| Tax % | 32% | 24% | 215% | 15% | 13% | 20% | 20% | 22% | 24% | −27% | 20% | 28% |
| Net Profit | 22 | 32 | −15 | 44 | 34 | 66 | 72 | 66 | 133 | −33 | 45 | 47 |
| EPS in Rs | 7.63 | 11.02 | −5.18 | 15.13 | 11.89 | 22.76 | 24.71 | 22.81 | 45.73 | −11.52 | 15.66 | 16.27 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 12%
- 5 Years
- 20%
- 3 Years
- 25%
- TTM
- 12%
- 10 Years
- 6%
- 5 Years
- 110%
- 3 Years
- 31%
- TTM
- −18%
- 10 Years
- 13%
- 5 Years
- 38%
- 3 Years
- 10%
- TTM
- —
- 10 Years
- 1%
- 5 Years
- 9%
- 3 Years
- 11%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Jindal Drilling & Industries Ltd | ₹ 503.40 | — | 7.5x | — | 13% | — |
| Aegis Logistics | ₹ 1,254.50 | ₹ 44,033 Cr. | 52.9x | 7.9x | 0% | 0% |
| Man Industries (India) | ₹ 743.00 | ₹ 5,557 Cr. | 37.2x | 3.1x | 0% | 0% |
| Deep Industries | ₹ 674.10 | ₹ 4,314 Cr. | 15.2x | 2.5x | 0% | 0% |
| Asian Energy Services | ₹ 395.00 | ₹ 1,919 Cr. | 41.4x | 4.9x | 0% | 0% |
| Dolphin Offshore Enterprises (India) | ₹ 550.30 | ₹ 2,228 Cr. | 37.9x | 7.4x | 0% | 0% |
Management
- Narayan Ramaswamy
- Chief Executive Officer
- Pawan Kumar Rustagi
- Chief Financial Officer
- Binaya Kumar Dash
- Compliance Officer, Company Secretary
- Raghav Jindal
- Managing Director, Executive Director
Prices are delayed and for information only. Nothing on this page is investment advice.