JINDRILL · Jindal Drilling And Industries Ltd · Oil Well Services & Equipment
JINDRILL · Jindal Drilling And Industries Ltd · Oil Well Services & Equipment
As of 06 Nov close
52-week range
26.8% below 52-week high
52-week range: as of 06 Nov 2026 close.
Price chartDaily closes on the stock page.
Weighted combination of 8 measured readings. Not a probability, a rating or a forecast.
Full signal detail →Fundamentals as of 16 Oct 2026
Revenue (latest Q)
₹275 Cr
Revenue YoY
PAT YoY
-28.7%
Operating margin
Revenue, last 5 quarters
P/E (TTM)
P/B
0.9
P/S (TTM)
Not available from data source
Sector P/E
Not available from data source
Dividend yield
+0.2%
Source: Yahoo Finance, as of 29 Oct 2026
| Company | P/E | P/B | Net margin | ROE | D/E | Div. yield |
|---|---|---|---|---|---|---|
| JINDRILL (this stock) | 7.7 | 0.9 | +18.8% | +10.5% | 0.05 | +0.2% |
| Aegis Logistics * | 32.9 | 7.7 | +13.9% | +20.7% | 0.69 | +0.5% |
| Man Industries (India) | 37.1 | 3.1 | Not available from data source | Not available from data source | Not available from data source | Not available from data source |
| Deep Industries * | 14.1 | 2.9 | +21.3% | +10.3% | 0.1 | +0.3% |
* Net margin, ROE, D/E and dividend yield for these companies come from RedixFi fundamentals; the data vendor had no values for them.
Promoter
stable
FII
falling 3q
MF
0.20% (0.00pp)
stable
Insider trades
No insider trades in the last 12 months.
Bulk/block deals
| canonicalSymbol | date | buy quantity | buyer count | deal strength | deal types present |
|---|---|---|---|---|---|
| JINDRILL | 2026-09-28 | 1631012 | 7 | MEDIUM | BULK |
| JINDRILL | 2026-08-19 | 361362 | 2 | WEAK | BULK |
| JINDRILL | 2026-08-18 | 4535919 | 12 | WEAK | BULK |
| JINDRILL | 2026-07-09 | 3669856 | 10 | STRONG | BULK |
| JINDRILL | 2026-07-08 | 5897360 | 13 | WEAK | BULK |
| JINDRILL | 2026-05-22 | 1843403 | 6 | WEAK | BULK |
| JINDRILL | 2026-05-21 | 322353 | 2 | MEDIUM | BULK |
| JINDRILL | 2026-05-20 | 1898623 | 6 | WEAK | BULK |
| JINDRILL | 2026-05-19 | 5958722 | 13 | MEDIUM | BULK |
| JINDRILL | 2026-05-18 | 7624611 | 11 | STRONG | BULK |
| JINDRILL | 2026-05-15 | 296832 | 2 | WEAK | BULK |
| JINDRILL | 2026-05-14 | 853721 | 4 | WEAK | BULK |
| JINDRILL | 2026-05-13 | 12079772 | 18 | STRONG | BULK |
| JINDRILL | 2026-05-12 | 5120741 | 10 | WEAK | BULK |
News timeline
No related news.
Concalls & investor presentations
AI-generatedKey takeaway: During the earnings conference call held on January 30, 2026, management reported that the operational performance for Q3 FY26 was broadly in line with previous communications, with no major changes quarter-to-quarter. A significant development was the reversal of previously booked Other Income due to ongoing litigation with ONGC, which affected the bottom line. Management clarified that operational performance remained stable despite this financial adjustment. They discussed upcoming tenders from ONGC and the competitive landscape for rig contracts, indicating a potential increase in rig rates due to reduced international competition. Management also noted that they are cash-rich but are conserving funds for refurbishment of dehired rigs and vendor dues. They confirmed that they are exploring international contracts while prioritizing longer-term contracts in India. The call concluded with management thanking participants for their engagement.
Management provided a balanced overview of operational performance and financial adjustments without emphasizing significant growth or challenges.
Sourced from an exchange-filed transcript, dated 02 Feb 2026. Summary is RedixFi-generated and distinct from investment advice.
AI Summary of Annual Report
AI-generatedJindal Drilling And Industries Limited (JINDRILL) reported resilience in FY2024-25 despite operational and market challenges, successfully mobilizing rigs under new contracts. The company faces significant legal disputes, including a disputed income tax demand of Rs 512.21 Lakhs and a long-standing arbitration case with ONGC Ltd, which concluded in April 2025. The audit highlights contingent liabilities and provisions involving uncertain outcomes, with financial impacts expected in the next fiscal year. Internal controls were found adequate, and no material defaults or regulatory penalties were noted.
- The company navigated operational challenges and market volatility, redeploying rigs under new contracts.
- A disputed income tax demand of Rs 512.21 Lakhs and ongoing legal disputes are noted as contingent liabilities.
- A 15-year dispute with ONGC Ltd was resolved in April 2025, with financial adjustments expected in the next fiscal year.
- Internal financial controls were found adequate with no material weaknesses identified.
- No defaults, regulatory penalties, or willful defaulter status were reported.
Key takeaway: Despite operational resilience, JINDRILL faces significant legal and tax disputes that could impact future financial performance, though internal controls are adequate and no immediate defaults or penalties are reported.
The following annual report excerpts provide qualitative strategic context. Do not treat any specific financial figures in these excerpts as authoritative — they may be incorrectly labeled due to PDF table extraction limitations. For precise financial data, refer to the structured fundamentals data above.
Governance disclosures
AI-generatedNeeds attention
Auditor Qualification (2 items); Regulatory Action (1 item)
Items of these kinds are disclosed in the filings. This is a count of disclosed items. It is not a finding about the company and its cause has not been independently established.
Auditor Qualification
2 occurrencesRecent (last 12 months)
The auditor noted an outstanding amount of USD 14.77 million from ONGC Ltd, which has remained unrecovered for over 7 years and has not been restated after March 31, 2011, as mentioned in note no. 39 A (i) of the Standalone Financial Statement.
Earlier (1-3 years ago)
The auditor notes a dispute between JDIL and ONGC Ltd that has been under litigation for more than 15 years, drawing attention to Note no. 39 (i) (a) in the Standalone Financial Statement.
Regulatory Action
1 occurrenceRecent (last 12 months)
The company has non-compliance with corporate governance requirements under sub-paras (2) to (10) of Part C of Schedule V of SEBI Listing Regulations.
Routine disclosures
Contingent Liability
2 occurrencesRecent (last 12 months)
The company is involved in significant legal proceedings under arbitration with a government party, including a suit for specific performance of a contract related to the supply of drilling services pending before the Hon’ble Supreme Court.
Earlier (1-3 years ago)
The company has a disputed income tax demand of Rs 512.21 Lakhs, which is detailed in Note No. 33 of the Standalone Ind AS Financial Statements.
Related-Party Transaction
1 occurrenceEarlier (1-3 years ago)
The company has disclosed transactions with related parties including purchases, reimbursements, rent, dividends, and loans with entities like Jindal Drilling and Industries Limited, and balances outstanding with joint ventures and other related parties.
Management & Board Governance
1 occurrenceRecent (last 12 months)
Mr. Sunil Arora, an Independent Director, resigned from the Board on 31st July, 2025.
Promoter Share Pledge
1 occurrenceRecent (last 12 months)
6.12% of promoter holding pledged (quarter 2026-Q3 as of 2026-07-18).