Get Unlimited Plan at 75% OFF!

Advertisement
logo

Jindal Drilling & Industries

JINDRILL
Small Cap
(%) 1D
no_data

No Data Available

1D1W1M3M6M1YMAX

Investor Sentiment

50%50%
Bullish
Bearish
Advertisement

Jindal Drilling & Industries Share price and Fundamental Analysis

View All Details
View All Details
Jindal Drilling & Industries Limited promoted by D P Jindal Group was incorporated on 17th October, 1983. The Company is a manufacturer of seamless casing pipes and off-shore oil well drilling activities. The Company is engaged in providing services to entities involved in exploration of Oil & Gas. It undertakes drilling operations for ONGC on leased jack-up drilling rigs, as also mud-logging operations. It re-threads casing pipe on a job-work basis for ONGC and OIL and trades in steel pipes; it also heat-treats, cold processes, threads and finishes seamless pipes.
Company Incorporation1983
ChairmanD P Jindal
Head QuartersGurgaon
Previous NameNA

Key Metrics

Market Cap (Cr)
1,853.85
PE Ratio
14.34
Industry P/E
26.8
PEG Ratio
0.21
ROE
7.87%
ROCE
10.14%
ROA
7.24%
Total Debt (Cr)
202.24
Debt to Equity
0.17
Dividend Yield
0.08%
EPS
44.61
Book Value & P/B
417.55 x 1.53
Face Value
5
Outstanding Shares(Cr)
2.9
Current Ratio
2.3
EV to Sales
2.51

Included In

+More

Stock Returns

1 Week-8.13%
1 Month-25.25%
6 Months-7.66%
1 Year-12.68%
3 Years+218.26%
5 Years+1225.18%

CAGR

1 Year CAGR

Revenue Growth

+20.47%

Net Profit Growth

-47.21%

Operating Profit Growth

+2.83%

Dividend Growth

0%

Stock Returns CAGR

-17.33%
no_data

No Stocks

Smart Score

2.2
icn

Unlock Smart Score

See Detailed Analysis & Insights

icn

Unlock Insights

See Detailed Analysis & Insights

Technicals

Returns Calculator

If you would have invested
In 5 years the current value would be
NaNCRNaNCR( %)

Research Report

No Research Report

View Other Reports >

Corporate Action

Board-Meetings
Board-Meetings
Dividends
Bonus
Splits
Right-issues
AGM-EGM
Bulk-Deal
Block-Deal

Financials

Half Yearly Statement

/ View Standalone

Profit and Loss Statement

/ View Standalone
Credit Rating
Director Report
Chairman Report
Auditor Report

Balance sheet

/ View Standalone

Cashflow Statement

/ View Standalone
Mar 25

Promoters : 64.25%

FIIs : 2.05%

DIIs : 0.95%

Public : 32.75%

Promoter
FII/FPI
DII
Public
Promoter Pledge stands at 0.0% of holding in March 2025 Qtr
FII Shareholding Increased by 1.41% to 2.05% in March 2025 Qtr
DII Shareholding Decreased by 0.11% to 0.95% in March 2025 Qtr

Top Shareholders

View all Share Holders

Key Ratios

Profitability
Valuation
Liquidity

ROE

Avg ROE (3 Yrs) : NaN%

ROCE

Avg ROCE (3 Yrs) : NaN%

ROA

Avg ROA (3 Yrs) : NaN%

NPM

Avg NPM (3 Yrs) : NaN%

Dividend History

Jindal Drilling & Industries Competitors

Sector
Industry

Company Name

MCap(TTM)

PE(TTM)

P/B(TTM)

ROE(TTM)

D/E

Current Ratio(TTM)

5 Year FactSheet

Profitability
Profitability
Growth Ratios
Valuation Ratios
Cashflow Ratios
Debt and Liquidity
Efficiency Ratios

Documents

Annual Reports
Con-Call

News

Jindal Drilling & Industries Management and History

Company Management

icn

Unlock Management Data

See Detailed Analysis & Insights

Company History

Jindal Drilling & Industries Limited promoted by D P Jindal Group was incorporated on 17th October, 1983. The Company is a manufacturer of seamless casing pipes and off-shore oil well drilling activities. The Company is engaged in providing services to entities involved in exploration of Oil & Gas. It undertakes drilling operations for ONGC on leased jack-up drilling rigs, as also mud-logging operations. It re-threads casing pipe on a job-work basis for ONGC and OIL and trades in steel pipes; it also heat-treats, cold processes, threads and finishes seamless pipes.

The company came out with a rights issue in Jan.'94 to part-finance finishing facilities for seamless pipes, which are used by its sister concern Maharashtra Seamless -- and a small part by ONGC and OIL. Seamless pipes find applications in the oil sector, the automobile, fertiliser, chemical and process industries and in the manufacture of bearings.

The installed capacity of Threading,end finishing & upsetting of Seamless Pipes was 75000 MT till March 2002. The company is planning to change its Registered ofice from Delhi to Maharashtra and the same is subject to approval.

During the year 2006, the Company had filed 2 separate Schemes of Arrangement before the Hon'ble High Court for the States of Punjab and Haryana at Chandigarh for the approval of a) the demerger of Casinvest Division into Haryana Capfin Limited. b) the merger of Newsco Newtech Pvt. Ltd. & Discovery Hydrocarbons Pvt. Ltd. with the Company. By orders of Hon'ble High Court dated 27th July 2006, the said Schemes were approved and accordingly, Newsco Newtech Pvt. Ltd. & Discovery Hydrocarbons Pvt. Ltd. amalgamated with the Company and Casinvest Division demerged into Haryana Capfin Limited with effect from the Appointed Date i.e. 1st April, 2005. Further, Casing Pipe Division of the Company was also sold in 2006.

Discovery Hydrocarbons Pvt. Ltd. (DHPL) formed a wholly owned subsidiary, namely Discovery Drilling Pte Ltd. (DDPL) in Singapore in April, 2006. Consequent upon scheme of amalgamation as approved by Hon'ble High Court of Punjab & Haryana on 27th July, 2006, DHPL got merged with Company w.e.f. 1st April, 2005. On 2nd February, 2007 DDPL allotted new shares to financial parties and accordingly this wholly owned subsidiary of the Company became joint venture of the Company, wherein the Company holds 49.07% of its Equity Capital. Discovery Hydrocarbons Pvt. Ltd. (DHPL) entered into a Vessel construction agreement (VCA) with Keppel Fels Limited for construction of new premium jack-up Rig and consequent upon scheme of amalgamation as approved by Hon'ble High Court of Punjab & Haryana on 27th July, 2006, DHPL got merged with Company.

During the year 2007-08, Company acquired 49% stake in Virtue Drilling Pte Ltd. (VDPL), Singapore and with this acquisition, VDPL became the Joint Venture Company of the Company.

During year 2012, the Company commenced operations for 3 sets of directional drilling tools in ONGC Ankleshwar and 1 set of tools for ONGC Ahmedabad, completed 2 wells contract with M/s. Naftogaz India Pvt Ltd., Ahmedabad.

During the year 2015-16, the Company was operating one Jack up Rig, sixteen Directional Drilling units along with split units on call and eleven Mud logging units. It commenced operation of another Rig 'Rowan Louisiana' awarded by ONGC in May, 2016.

During the year 2018-19, Company operated 2 Jackup Rigs, 6 Directional Drilling sets and 22 Mud Logging units. It purchased a Jack-up Rig 'Discovery-I' at the cost of USD 75 Million from its Joint Venture Company Discovery Drilling Pte. Ltd.

During the year 2021-22, Company operated 5 Jackup Rigs, 6 Directional Drilling sets and 22 Mud Logging units.

Jindal Drilling & Industries Share Price

Jindal Drilling & Industries share price reflects investor sentiment toward the company and is impacted by various factors such as financial performance, market trends, and economic conditions. Share price is an indicator which shows the current value of the company's shares at which buyers or sellers can transact.

Jindal Drilling & Industries Market Cap

Market capitalization of Jindal Drilling & Industries indicates the total value of its outstanding shares. Marketcap is calculated by multiplying share price and outstanding shares of the company. It is a helpful metric for assessing the company's size and market Valuation. It also helps investors understand how Jindal Drilling & Industries is valued compared to its competitors.

Jindal Drilling & Industries PE Ratio

Jindal Drilling & Industries PE ratio helps investors understand what is the market value of each stock compared to Jindal Drilling & Industries 's earnings. A PE ratio higher than the average industry PE could indicate an overvaluation of the stock, whereas a lower PE compared to the average industry PE could indicate an undervaluation.

Jindal Drilling & Industries PEG Ratio

The PEG ratio of Jindal Drilling & Industries evaluates its PE ratio in relation to its growth rate. A PEG ratio of 1 indicates a fair value, a PEG ratio of less than 1 indicates undervaluation, and a PEG ratio of more than 1 indicates overvaluation.

Jindal Drilling & Industries ROE (Return on Equity)

Return on Equity (ROE) measures how effectively Jindal Drilling & Industries generates profit from shareholders' equity. A higher ROE of more than 20% indicates better financial performance in terms of profitability.

Jindal Drilling & Industries ROCE (Return on Capital Employed)

Return on Capital Employed (ROCE) evaluates the profitability of Jindal Drilling & Industries in relation to its capital employed. In simple terms, ROCE provides insight to investors as to how well the company is utilizing the capital deployed. A high ROCE of more than 20% shows that the business is making profitable use of its capital.

Jindal Drilling & Industries Total Debt

Total debt of Jindal Drilling & Industries shows how much the company owes to either banks or individual creditors. In simple terms, this is the amount the company has to repay. Total debt can be a very useful metric to show the financial health of the company. Total debt more than equity is considered to be a bad sign.

Jindal Drilling & Industries Debt to Equity Ratio

The Debt-to-Equity (DE) ratio of Jindal Drilling & Industries compares its total debt to shareholders' equity. A higher Debt to Equity ratio could indicate higher financial risk, while a lower ratio suggests that the company is managing its debt efficiently.

Jindal Drilling & Industries CAGR (Compound Annual Growth Rate)

CAGR shows the consistent growth rate of Jindal Drilling & Industries over a specific period, whether it is over a month, a year, or 10 years. It is a key metric to evaluate the company’s long-term growth potential. Main metrics for which CAGR is calculated are net sales, net profit, operating profit, and stock returns.

Jindal Drilling & Industries Technical Analysis

Technical analysis of Jindal Drilling & Industries helps investors get an insight into when they can enter or exit the stock. Key components of Jindal Drilling & Industries Technical Analysis include:

Support Levels (S1, S2, S3)

There are usually multiple support levels, but the main support levels for a stock are S1, S2, S3. Support levels indicate price points where stock might get support from buyers, helping the stock stop falling and rise.

Resistance Levels (R1, R2, R3)

There are usually multiple resistance levels, but the main resistance levels for a stock are R1, R2, R3. Resistance levels represent price points where Jindal Drilling & Industries shares often struggle to rise above due to selling pressure.

Jindal Drilling & Industries Dividends

Dividends refer to the portion of the company’s profits distributed to its shareholders. Dividends are typically paid out in cash and reflect Jindal Drilling & Industries ’s financial health and profitability.

Jindal Drilling & Industries Bonus Shares

Bonus shares are usually given by companies to make the stock more affordable, increase liquidity, boost investor confidence, and more.

Jindal Drilling & Industries Stock Split

Stock split increases the number of its outstanding shares by dividing each existing share into multiple shares. When the company offers a stock split, the face value of the stock reduces in the same proportion as the split ratio.

Jindal Drilling & Industries Financials

The financials of Jindal Drilling & Industries provide a complete view to investors about its net sales, net profit, operating profits, expenses, and overall financial health. Investors can analyze financial data to assess the company’s stability and also understand how the company has been growing financially.

Jindal Drilling & Industries Profit and Loss Statements

The profit and loss statement of Jindal Drilling & Industries highlights its net sales, net profit, total expenditure, and operating profits in the current financial year. This Profit and Loss statement is crucial for evaluating the profitability and financial stability of Jindal Drilling & Industries .

Jindal Drilling & Industries Balance Sheet

The balance sheet presents a snapshot of Jindal Drilling & Industries ’s assets, liabilities, and equity of shareholders, providing insights into the financials of the company.

Jindal Drilling & Industries Cashflow Statements

Cashflow statements track the company's cash inflows and outflows over a period. It is an essential tool for understanding how well the company manages its liquidity and finances.

Download the App