Jindal Drilling & Industries Ltd
NSE: JINDRILL BSE: 511034
Jindal Drilling & Industries, part of the Dharam Pal Jindal Group, is a leading Indian company in offshore drilling and allied services, including directional drilling and mud logging. [1]
₹644
52W: ₹440 — ₹763
PE 9.59 · Book ₹511 · +26% vs bookMarket Cap₹1,867 Cr
Stock P/E9.59Price to Earnings
ROCE13.8%Return on Capital
ROE11.1%Return on Equity
Div. Yield0.17%Face Value ₹5
Strengths
- +Company has reduced debt.
- +Company is almost debt free.
- +Company has delivered good profit growth of 40.2% CAGR over last 5 years
Weaknesses
- −Company has a low return on equity of 10.7% over last 3 years.
Shareholding Pattern
Promoters66.78%
FIIs0.62%
DIIs0%
Public32.58%
| Category | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 64.26% | 64.26% | 64.26% | 64.26% | 64.24%▼0.0 | 64.39%▲0.2 | 66.44%▲2.0 | 66.78%▲0.3 |
| FIIs | 0.29% | 0.45%▲0.2 | 0.64%▲0.2 | 2.05%▲1.4 | 2.13%▲0.1 | 2.04%▼0.1 | 0.85%▼1.2 | 0.62%▼0.2 |
| DIIs | 1.05% | 1.05% | 1.05% | 0.94%▼0.1 | 0.49%▼0.4 | 0.2%▼0.3 | 0%▼0.2 | 0% |
| Public | 34.4% | 34.23%▼0.2 | 34.05%▼0.2 | 32.75%▼1.3 | 33.14%▲0.4 | 33.36%▲0.2 | 32.72%▼0.6 | 32.58%▼0.1 |
Financial Statements
| Metric | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 142 | 183 | 198 | 171 | 172 | 239 | 245 | 254 | 238 | 242 |
| Expenses | 89 | 128 | 149 | 132 | 141 | 159 | 158 | 147 | 145 | 170 |
| Operating Profit | 53 | 55 | 49 | 39 | 31 | 81 | 87 | 107 | 93 | 72 |
| OPM % | 37% | 30% | 25% | 23% | 18% | 34% | 36% | 42% | 39% | 30% |
| Net Profit | 31 | 31 | 32 | 23 | 16 | 49 | 53 | 56 | 121 | -37 |
| EPS ₹ | 10.64 | 10.74 | 10.97 | 7.92 | 5.47 | 16.82 | 18.38 | 19.48 | 41.66 | -12.7 |
AI Insights
Revenue Trend
TTM revenue at ₹979Cr, up 18.2% YoY. OPM at 37%.
Debt Position
Borrowings at ₹117Cr. Debt-to-equity ratio: 0.08x. Healthy balance sheet.
Institutional Flow
DIIs: 0% (+0.00pp change). FIIs: 0.62% (+0.29pp change). Promoters hold 66.78%.
Margin & Efficiency
ROCE improving from 7% (Mar 2014) to 14% (Mar 2025). Working capital days: -101.
Valuation
PE 9.59x with 13.8% ROCE. Price is 26% above book value of ₹511. Dividend yield: 0.17%.
Recent Announcements
- Board Meeting Intimation for Inter Alia, To Consider And Approve Audited Financial Results (Standalone & Consolidated) Of The Company For The Quarter And Financial Year Ended On 31St March, 2026 & Recommendation Of Dividend If Any. 11 May - Board to meet on 22 May 2026 for audited FY26 results and possible dividend recommendation.
- Announcement under Regulation 30 (LODR)-Newspaper Publication 11 May
- Intimation Regarding Notice Given To Shareholders 6 May - Notices sent to shareholders with seven-year unclaimed dividends; shares may transfer to IEPF in 2026-27.
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 7 Apr - Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations 2018 for the quarter ended 31st March 2026.
- Closure of Trading Window 24 Mar
- Financial Year 2025 from bse
- Financial Year 2024 from bse
- Financial Year 2023 from bse