Jindal Drilling and Industries Ltd

Jindal Drilling & Industries Ltd share price declined by 1.10% to Rs 614.9. The Company's net profit saw a mild growth of 3.88% to Rs 47.14 crore, while revenue from operations improved marginally 4.76% to Rs 275.39 crore in Q2FY26 over Q1FY26. The market capitalization of Offshore Support Solution Drilling industry group stocks on BSE stood at Rs 3495.36 crore, rising 6.47%. It has inched up 2.12% over last one week and crept higher by 4.97% in last one month while the market capitalization of Jindal Drilling & Industries Ltd has eased by 0.12% and 14.75% in the same period respectively. Profit before tax (PBT) of Jindal Drilling & Industries Ltd stood at Rs 65.42 crore in Q2 FY26, tanking 23.22% year-on-year, and expanding by 15.05% quarter-on-quarter. EBITDA came in at Rs 96 crore, slipping 1.93% YoY and surging by 39.14% sequentially. Total expenses softened by 5.41% to Rs 210.47 crore in Q2FY26 over Q2FY25. During the quarter, employee benefits expense was at Rs 25.39 crore, slipping by 5.54% YoY. For the TTM ended FY26, revenue from operations soared by 34.19% to Rs 827.95 crore, while net profit jumped 322.09% to Rs 215.9 crore, compared to previous TTM. EBITDA witnessed a strong improvement of 19462% to Rs 181.04 crore, and PBT soared 197.03% to Rs 263.47 crore compared to previous TTM. The company's consolidated net cash flow from operating activities stood at Rs 864.12 crore in FY26, as against Rs 44.18 crore in FY25. Jindal Drilling & Industries Ltd ticked higher by 1.83% in last one year, outperforming the benchmark BSE Sensex which has eased by 1.97% during the same period.

Jindal Drilling & Industries Ltd. is currently up 3.62% to Rs 598.95, although the stock has declined recently, slipping 2.10% over the last one week. Jindal Drilling & Industries Limited announced that it has received a Notification of Award from Oil & Natural Gas Corporation Limited (ONGC) for the deployment of rig Jindal Pioneer for a period of 3 years, commencing in Q3 FY27. The contract’s Effective Day Rate (EDR) is set at Rs 45,83,215.16, equivalent to USD 47,893.99, and the rig is currently undergoing refurbishment. Trading volume reached 4.1 lakh shares today, a decrease of 21.78% from the one-week average volume. Jindal Drilling & Industries Ltd. edged lower by 5.87% year-over-year, underperforming the 2.3% loss seen in the NIFTY50 index.

Net profit of Jindal Drilling & Industries declined 36.63% to Rs 45.38 crore in the quarter ended March 2026 as against Rs 71.61 crore during the previous quarter ended March 2025. Sales rose 7.29% to Rs 262.87 crore in the quarter ended March 2026 as against Rs 245.01 crore during the previous quarter ended March 2025. For the full year,net profit declined 2.45% to Rs 210.60 crore in the year ended March 2026 as against Rs 215.90 crore during the previous year ended March 2025. Sales rose 20.37% to Rs 996.57 crore in the year ended March 2026 as against Rs 827.95 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales262.87245.01 7 996.57827.95 20 OPM %29.7135.50 -35.0428.68 - PBDT98.55120.42 -18 424.53352.59 20 PBT60.8189.80 -32 273.91263.47 4 NP45.3871.61 -37 210.60215.90 -2 Powered by Capital Market - Live

Jindal Drilling & Industries announced that the Board of Directors of the Company at its meeting held on 22 May 2026, inter alia, have recommended the final dividend of Rs 1 per equity Share (i.e. 20%) , subject to the approval of the shareholders.

Jindal Drilling & Industries will hold a meeting of the Board of Directors of the Company on 22 May 2026.

Net loss of Jindal Drilling & Industries reported to Rs 33.39 crore in the quarter ended December 2025 as against net profit of Rs 65.95 crore during the previous quarter ended December 2024. Sales rose 0.89% to Rs 241.58 crore in the quarter ended December 2025 as against Rs 239.46 crore during the previous quarter ended December 2024. ParticularsQuarter EndedDec. 2025Dec. 2024% Var. Sales241.58239.46 1 OPM %29.6833.69 - PBDT-7.67108.82 PL PBT-45.4782.37 PL NP-33.3965.95 PL Powered by Capital Market - Live

Jindal Drilling & Industries will hold a meeting of the Board of Directors of the Company on 28 January 2026.Powered by Capital Market - Live

Net profit of Jindal Drilling & Industries rose 284.45% to Rs 132.52 crore in the quarter ended September 2025 as against Rs 34.47 crore during the previous quarter ended September 2024. Sales rose 37.99% to Rs 238.03 crore in the quarter ended September 2025 as against Rs 172.50 crore during the previous quarter ended September 2024. ParticularsQuarter EndedSep. 2025Sep. 2024% Var. Sales238.03172.50 38 OPM %38.8918.11 - PBDT211.2655.85 278 PBT173.3839.83 335 NP132.5234.47 284 Powered by Capital Market - Live

Jindal Drilling & Industries will hold a meeting of the Board of Directors of the Company on 4 November 2025.Powered by Capital Market - Live

Net profit of Jindal Drilling & Industries rose 50.73% to Rs 66.11 crore in the quarter ended June 2025 as against Rs 43.86 crore during the previous quarter ended June 2024. Sales rose 48.61% to Rs 254.09 crore in the quarter ended June 2025 as against Rs 170.98 crore during the previous quarter ended June 2024. ParticularsQuarter EndedJun. 2025Jun. 2024% Var. Sales254.09170.98 49 OPM %42.0422.54 - PBDT122.3967.49 81 PBT85.2051.47 66 NP66.1143.86 51 Powered by Capital Market - Live