Jindal Drilling & Industries Ltd.
Snapshot View

142.55 +0.90 ▲0.6%

03 August 2021, 04:00:00 P.M.
Volume: 45,700

Overview View Details

Sector Crude Oil Compare with Sector peers
Industry Oil Exploration Compare with Industry peers
Website http://www.jindal.com
Financial Indicators
Market Cap 413.13 Cr.
Earnings per share (EPS) -2.03 Trailing Twelve Months Ending 2021-03
Price-Earning Ratio (PE) - Trailing Twelve Months Ending 2021-03
Industry PE 9.55 Trailing Twelve Months Ending 2021-03
Book Value / Share 387.01 Trailing Twelve Months Ending 2021-03
Price to Book Value 0.37 Calculated using Price: 142.55
Dividend Yield 0.35 Period Ending 2020-03
No. of Shares Subscribed 2.90 Cr. 28,981,104 Shares
FaceValue 5
Company Profile

Jindal Drilling & Industries, an ISO 9001:2000 company, is a part of D P Jindal Group, one of India's most respected, diversified and leading industrial house with revenues exceeding $750 million, employing more than 3000 people. Incorporated in the year 1983 with a focus on providing quality offshore drilling and allied services, Jindal is among the pioneers in India that ventured into the high technology area of offshore drilling and over the last two decades has emerged as one of the major players in Indian oil & gas industry providing highest quality services and performance to the entire satisfaction of clients. Currently the company is operating five jackup rigs all on long term contract with ONGC. 

The Jindal Group is providing a wide spectrum services to the oil & gas industry in India, such as Offshore Drilling services, Directional and Horizontal Drilling services, Mud Logging services, manufacturing of API grade ERW Pipes up to 21' OD and API grade Seamless Pipes and Tubes up to 13.3/8' OD, etc.

JDIL is one of the leading drilling contractor in India providing service to national and international E&P companies. It has distinguished itself from other service providers for quality of service, operational and safety performance, equipment suitability and availability, reputation, reliability and technical expertise.

The company's business is organized into following principal operating segments:

• Offshore Drilling for Oil & Gas

• Horizontal & Directional Drilling

• Mud logging Services

Jindal Drilling entered the high technology area of offshore drilling in the year 1988 with two offshore Jack up rigs for ONGC -- the largest exploration & production company in India. In about two decades (operating experience of more than 38 rig years), Jindal Drilling has emerged as one of the major players in the oil & gas Industry. Currently JDIL is operating five jackup rigs on long term contract with ONGC.

JDIL's Rig Discovery I is one of the first high specification state-of-art rig in India which joined ONGC Rig Fleet on 15th Oct, 2008. Another owned state-of-art 350 feet premium jack-up rig “KFELS B-CLASS” design (VIRTUE-I) joined ONGC rig fleet in Jan, 2009 for five year firm period. Jindal Drilling are also working along with alliance partners who are market leaders in their own services.

Jindal Drilling provides Horizontal and Directional Drilling services, using Positive Pulse telemetry based MWD systems and Steerable Downhole Mud Motors.

The company forayed into the business of providing Mud logging services in 1991 and continuously providing since then to various exploration and production companies mainly ONGC, OIL & CANORO RESOURCES.

It manufactures and operates the Mud logging units as per the client requirements. Their advanced software and mud logging equipments have integrated facilities for complete acquisition, monitoring and recording of the Geological and drilling Data during drilling oil and gas wells on continuous basis.

Well trained Data Engineers/ Mud loggers / Service/Maintenance Engineers under the guidance of specialist supervisors analyze geological data for detection and analysis of hydrocarbon gases, fluoroscopic studies for the presence of oil shows and overpressure studies for formation evaluation etc.

Awards and achievements:

1. Jindal Drilling & Industries an ISO 9001:2000 company is Member of leading Industry associations:

• International Association of Drilling Contractors (IADC), Houston, USA

• South Central Asia Chapter of IADC, Mumbai-India

• Confederation of Indian Industries (CII)

• Federation of Engineering Industries of India (FEII), and is founder Member of Petrotech Society, Petrofed etc. 

2. Best Trade Name 1996 Award- for overall policy of the management in recognition of which an international Award was presented in Madrid, Spain.    

3. Safety Award Without A Lost Time Accident - Their HSE Policy have won them Safety Award for 'Without A Lost Time Accident', from International Association of Drilling Contractors, Houston, USA (Consecutively from 1994 to 1999 & 2004-2007)       

4. Bharat Gaurav Award- presented during the seminar on New Prospects of socio-economic development to Naresh Kumar, Managing Director, for his excellent outstanding achievements in his chosen fields of activities at New Delhi.  5. Industrial Award- presented by Hon'ble Professor Sidheswar Prasad, Governor of Tripura on July, 09 1996 for outstanding services and achievements.

In 2010 - Jindal Drilling & Industries Ltd. made it to Asia's 'Best Under A Billion' 2010 list of companies compiled by the Forbes magazine.

In 2012 - Jindal Drilling & Industries Ltd. won the award 'Drilling Services Company of the Year–2011' from Petroleum federation of India (Petrofed).

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
+0.64%
1 Week
+4.78%
1 Month
+14.59%
3 Month
+50.21%
6 Month
+66.82%
1 Year
+113.56%
2 Year
+83.11%
5 Year
-16.56%
6 years 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03
Return on Equity (%) 8.56 2.06 1.02 -1.14 2.29 1.69
Return on Capital Employed (%) 10.05 3.05 1.95 -1.37 2.89 2.61
Return on Assets (%) 6.31 1.64 0.90 -1.05 1.81 1.19

Balance Sheet View Details

Particulars 6 years 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Shh. Funds 1,462 1,629 1,690 1,683 1,819 1,276
Non Curr. Liab. 201 39 29 23 569 285
Curr. Liab. 320 237 134 118 212 235
Minority Int.
Equity & Liab. 1,982 1,905 1,853 1,824 2,600 1,796
Non Curr. Assets 1,461 1,524 1,536 1,546 2,295 1,483
Curr. Assets 521 381 317 278 304 313
Misc. Exp. not W/O
Total Assets 1,982 1,905 1,853 1,824 2,600 1,796

Profit Loss View Details

Particulars 6 years 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Net Sales 540 320 372 149 207 216
Other Income 42 30 26 57 54 34
Total Income 583 350 398 206 261 250
Total Expenditure -335 -285 -355 -221 -199 -176
PBIDT 248 66 43 -15 63 74
Interest -12 -2 -10 -4 -14 -14
Depreciation -84 -15 -9 -9 -9 -26
Taxation -26 -17 -7 9 0 -7
Exceptional Items
PAT 125 32 17 -19 40 26

Cash Flow View Details

Particulars 6 years 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Cash Fr. Operatn. -46 -61 -67 8 52
Cash Fr. Inv. -40 84 86 -92 -272
Cash Fr. Finan. 84 -21 -19 86 222
Net Change -2 2 0 2 2
Cash & Cash Eqvt 0 2 2 4 6

Shareholding Pattern View Details

9 Qtrs 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%)
Promoter 66.37 67.19 67.19 67.19 67.19 67.19 67.42 67.42 67.42
Public 33.63 32.81 32.81 32.81 32.81 32.81 32.58 32.58 32.58
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Announcements View Details

Tue, 03 Aug 2021
Board Meeting Intimation for Considering And Approving The Unaudited Standalone And Consolidated Financial Results For The Quarter Ended June 30 2021
JINDAL DRILLING & INDUSTRIES LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 13/08/2021 inter alia to consider and approve Un-audited Financial Results for the quarter ended June 30 2021
Fri, 30 Jul 2021
Announcement under Regulation 30 (LODR)-Credit Rating
Credit Ratings
Wed, 21 Jul 2021
Compliances Under Regulation 23(9) Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015
Pursuant to Regulation 23(9) of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 please find enclosed herewith the disclosure of Related Party Transactions for the year ended March 31 2021 in the format specified in the relevant accounting standards.

Technical Scans View Details

Tue, 03 Aug 2021
Higher Delivery Quantity Higher Delivery Quantity
Higher Trade Quantity Higher Trade Quantity
Higher Trade and Delivery Quantity Higher Trade and Delivery Quantity
Making Higher Highs for 3 days Making Higher Highs for 3 days
Close Within 52 Week High Zone Close Within 52 Week High Zone

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