JINDRILL

Jindal Drilling And Industries Limited

Offshore and onshore drilling services and oilfield services

Energy›Oil, Gas & Consumable Fuels›Oil›Offshore Support Solution Drilling

jindal.com(opens the company website in a new tab)
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Key metrics

Price as of 2026-10-16

Stock price
₹570.00
Market cap
1,651 Cr
Stock P/E
8.6
P/B
0.91
Dividend yield
0.2%
ROE (FY26)
11.6%
ROCE (FY26)
14.5%
Operating margin (FY26)
19.9%
Debt / equity (FY26)
0.05
OCF / EBITDA (FY26)
51.0%
OCF / EBITDA (3Y)
127.0%

Full years shown; sign in free for the trailing twelve months. Learn about these metrics →

Price & valuation

Share price and valuation multiples (P/E, P/B and more) over time.

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Compare with peers

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What you need to know

Jindal Drilling (Jindal Drilling and Industries) hires out offshore jack-up drilling rigs on long-term contracts, mainly to ONGC (Oil and Natural Gas Corporation) in India.

Company snapshot

2ndBy market cap

Ranked among 5 companies in Offshore Support Solution Drilling.

What we see

Positives
  • ✓Net margin of 21.1% — the business keeps a healthy share of every rupee it earns.
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Statement tables · Consolidated

Switches quarterly, P&L, balance sheet, and cash flow. Key metrics and ratios stay on consolidated when available.

Amounts in ₹ Cr · tap + to expand rows

Quarterly results

Quarterly · ₹ Cr · tap + rows to expand

MetricSept 2023Dec 2023Mar 2024Jun 2024Sept 2024Dec 2024Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026Jun 2026
Sales142 Cr183 Cr198 Cr171 Cr173 Cr239 Cr245 Cr254 Cr238 Cr242 Cr263 Cr275 Cr
Operating expenses (approx.)89 Cr128 Cr149 Cr132 Cr141 Cr159 Cr158 Cr147 Cr145 Cr170 Cr185 Cr172 Cr
EBITDA53 Cr55 Cr49 Cr39 Cr31 Cr81 Cr87 Cr107 Cr93 Cr72 Cr78 Cr104 Cr
OPM %37.4%30.1%25.0%22.5%18.1%33.7%35.5%42.0%38.9%29.7%29.7%37.6%
Other income8 Cr6 Cr11 Cr13 Cr10 Cr15 Cr19 Cr8 Cr109 Cr-81 Cr9 Cr7 Cr
Interest4 Cr4 Cr2 Cr5 Cr4 Cr4 Cr3 Cr3 Cr2 Cr2 Cr2 Cr1 Cr
Depreciation16 Cr16 Cr16 Cr16 Cr16 Cr26 Cr31 Cr37 Cr38 Cr38 Cr38 Cr39 Cr
Profit before tax32 Cr42 Cr-5 Cr51 Cr40 Cr82 Cr90 Cr85 Cr173 Cr-45 Cr57 Cr65 Cr
Tax %31.6%24.4%-215.1%14.8%13.5%19.9%20.3%22.4%23.6%26.6%20.2%27.9%
Net profit22 Cr32 Cr-15 Cr44 Cr34 Cr66 Cr72 Cr66 Cr133 Cr-33 Cr45 Cr47 Cr
EPS (₹)₹7.63₹11.02₹-5.18₹15.14₹11.90₹22.76₹24.71₹22.81₹45.73₹-11.52₹15.66₹16.27

Profit & loss (annual)

Annual · last column is TTM · ₹ Cr · tap + to expand

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales372 Cr149 Cr207 Cr216 Cr398 Cr420 Cr512 Cr617 Cr828 Cr997 CrSign in free for the trailing twelve months
Operating expenses (approx.)355 Cr209 Cr199 Cr178 Cr342 Cr314 Cr337 Cr418 Cr591 Cr647 CrSign in free for the trailing twelve months
EBITDA16 Cr-61 Cr8 Cr38 Cr55 Cr106 Cr175 Cr199 Cr237 Cr349 CrSign in free for the trailing twelve months
OPM %4.4%-40.6%3.8%17.6%13.9%25.3%34.2%32.3%28.7%35.0%Sign in free for the trailing twelve months
Other income26 Cr45 Cr54 Cr34 Cr8 Cr32 Cr47 Cr29 Cr56 Cr46 CrSign in free for the trailing twelve months
Interest10 Cr3 Cr13 Cr13 Cr14 Cr8 Cr8 Cr13 Cr16 Cr8 CrSign in free for the trailing twelve months
Depreciation9 Cr9 Cr9 Cr26 Cr32 Cr43 Cr63 Cr64 Cr89 Cr151 CrSign in free for the trailing twelve months
Profit before tax86 Cr-17 Cr69 Cr-583 Cr2 Cr87 Cr136 Cr89 Cr263 Cr270 CrSign in free for the trailing twelve months
Tax %7.8%50.7%0.5%-1.2%415.6%25.5%28.8%42.3%18.1%22.0%Sign in free for the trailing twelve months
Net profit80 Cr-8 Cr68 Cr-591 Cr-6 Cr64 Cr97 Cr51 Cr216 Cr211 CrSign in free for the trailing twelve months
EPS (₹)₹21.69₹-1.59₹52.53₹-187.57₹-2.03₹22.25₹33.43₹17.65₹74.50₹72.67Sign in free for the trailing twelve months
Dividend payout %—————2.2%1.5%2.8%0.7%1.4%Sign in free for the trailing twelve months
Sign in free for the trailing twelve months

The latest four quarters added up, next to each full year

Balance sheet

Annual · ₹ Cr · tap + rows to expand

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity capital14 Cr14 Cr14 Cr14 Cr14 Cr14 Cr14 Cr14 Cr14 Cr14 Cr
Reserves1,675 Cr1,669 Cr1,805 Cr1,262 Cr1,107 Cr1,180 Cr1,295 Cr1,348 Cr1,574 Cr1,806 Cr
Borrowings77 Cr63 Cr163 Cr399 Cr330 Cr220 Cr207 Cr294 Cr164 Cr93 Cr
Other liabilities93 Cr90 Cr617 Cr164 Cr374 Cr374 Cr409 Cr431 Cr1,075 Cr644 Cr
Total liabilities1,860 Cr1,837 Cr2,599 Cr1,839 Cr1,825 Cr1,788 Cr1,925 Cr2,088 Cr2,827 Cr2,557 Cr
Fixed assets (net)53 Cr50 Cr43 Cr520 Cr492 Cr641 Cr592 Cr542 Cr1,285 Cr1,175 Cr
CWIP——519 Cr0.01 Cr0.0026 Cr0 Cr0.16 Cr0 Cr0 Cr7 Cr
Investments1,094 Cr1,052 Cr11 Cr637 Cr424 Cr457 Cr504 Cr454 Cr615 Cr801 Cr
Loans & advances——118 Cr0 Cr0 Cr0 Cr0 Cr125 Cr151 Cr0 Cr
Inventories13 Cr10 Cr8 Cr33 Cr40 Cr40 Cr35 Cr38 Cr66 Cr63 Cr
Trade receivables86 Cr102 Cr100 Cr127 Cr166 Cr155 Cr155 Cr190 Cr204 Cr224 Cr
Cash & bank0.03 Cr0.06 Cr0.03 Cr0.10 Cr0.06 Cr0.04 Cr0.10 Cr0.05 Cr0.08 Cr0.06 Cr
Other assets613 Cr622 Cr1,801 Cr522 Cr702 Cr496 Cr639 Cr739 Cr507 Cr287 Cr
Total assets1,860 Cr1,837 Cr2,599 Cr1,839 Cr1,825 Cr1,788 Cr1,925 Cr2,088 Cr2,827 Cr2,557 Cr

Cash flows

Annual · ₹ Cr · tap + rows to expand · last column includes FCF

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from operating activity-61 Cr-67 Cr8 Cr52 Cr191 Cr196 Cr64 Cr-44 Cr864 Cr178 Cr
Cash from investing84 Cr86 Cr-92 Cr-272 Cr-26 Cr-66 Cr-38 Cr-20 Cr-726 Cr-108 Cr
Cash from financing-21 Cr-19 Cr86 Cr222 Cr-85 Cr-119 Cr-23 Cr73 Cr-147 Cr-82 Cr
Net cash flow2 Cr0.02 Cr2 Cr2 Cr80 Cr11 Cr3 Cr8 Cr-10 Cr-13 Cr
Free cash flow (OCF − Capex)-72 Cr-74 Cr0.63 Cr-452 Cr186 Cr3 Cr49 Cr-58 Cr30 Cr128 Cr

Ratios

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROCE %5.4%-0.8%4.1%-34.1%1.1%6.7%9.5%6.1%16.0%14.5%
ROE %4.7%-0.5%3.7%-46.3%-0.5%5.4%7.4%3.8%13.6%11.6%
Debtor days852501762141521341101129082
Inventory days13382055613525232923
Days payable40756461873135262116
Cash conversion cycle582131322081261381001099789
OCF / EBITDA %-375.3%—97.7%135.7%344.6%184.5%36.6%-22.2%364.0%51.0%
OCF / EBITDA % (3 years)————246.9%219.7%134.0%44.9%144.6%127.0%
Debt / equity0.050.040.090.310.290.180.160.220.100.05
Current ratio2.372.351.341.331.151.331.471.650.991.58
Net debt / EBITDA4.75—20.6510.485.942.081.181.480.690.27