| Revenue growth | Broadly constant in Q1; decline expected in H2 FY27. |
|---|---|
| Margins | Guiding 35% blended EBITDA margin; margins may improve despite revenue dip. |
| Order book | INR 1,310 crores as of August 2026. |
| Demand visibility | Optimistic due to Samudra Manthan scheme and increased industry expenditure. |
| Management confidence | Confident in redeploying three dehired rigs via upcoming tenders. |
Growth
Q1 FY27 revenue broadly constant; management warns of H2 revenue decline due to three rigs going off-contract for refurbishment.
Outlook
Targeting 35% blended EBITDA margin; deploying refurbished Jindal Pioneer rig in October 2026; exploring domestic and international tenders.
Risks
H2 revenue hit as 3 of 6 rigs go off-hire; high refurbishment costs (INR90-110cr per rig).
Last quarter's promises, checked
Delivered
- Guided 3 rigs dehiring in 2026 → delivered 3 rigs off-hire for refurbishment (= BEAT)
- Guided INR 350cr EBITDA for current year → delivered INR 350cr+ (= BEAT)
Partly delivered
- Guided Jindal Pioneer deployment in few months → delivered Oct 2026 deployment (= PARTIAL)
Missed
- Guided gradual rate increases → delivered $47,800 vs $62,000 bid (= MISS)
Earnings Call Transcript filed with BSE, NSE: JINDRILL. Summary written with AI assistance from the document.
Jindal Drilling & Industries Ltd: key numbers
- Share price
- ₹592.20
- Market cap
- ₹1,716 Cr
- Revenue (annual)
- ₹996.6 Cr
- Net profit (annual)
- ₹210.6 Cr
- P/E (TTM)
- 9.0×Sector 18.7×
- Promoter holding
- 66.78%+0.00% QoQ
- FII holding
- 0.42%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Jindal Drilling & Industries Ltd
All →Jindal Drilling & Industries Annual General Meeting
Jindal Drilling & Industries held its 42nd Annual General Meeting on September 15, 2026, to transact business including dividend declaration and director re-appointment.
Jindal Drilling & Industries Investor Presentation: Key Takeaways
Jindal Drilling reported Q1 FY27 revenue of Rs. 283 Cr with a PAT of Rs. 52 Cr. The company operates 5 offshore jack-up rigs in India with an order book of Rs. 1,310 Cr.
Jindal Drilling & Industries Q1 FY27 Results: Net Profit ₹47.1 Cr, Down 28.7% YoY
Jindal Drilling & Industries Ltd reported revenue from operations of ₹275.4 Cr (+8.4% YoY) and net profit of ₹47.1 Cr (-28.7% YoY) for Q1 FY27.
- Key figure
- Net profit ₹47.1 Cr · -28.7% YoY
Jindal Drilling & Industries Q4 FY26 Results: Net Profit ₹45.4 Cr, Down 36.6% YoY
Jindal Drilling & Industries Ltd reported revenue from operations of ₹262.9 Cr (+7.3% YoY) and net profit of ₹45.4 Cr (-36.6% YoY) for Q4 FY26.
- Key figure
- Net profit ₹45.4 Cr · -36.6% YoY