Jindal Drilling & Industries Ltd. (JDIL), established in 1989 and part of the D.P. Jindal Group, is a prominent leader in India’s offshore drilling and allied services sector. With over 30 years of operational experience, JDIL specializes in offshore drilling, horizontal and directional drilling, and mud logging services, making it a vital player in the oil and gas industry. The company is renowned for its unwavering commitment to safety and operational excellence, earning accolades such as the prestigious “No Lost Time Accident” award from the International Association of Drilling Contractors, Houston (USA), and setting a national record for logging two years without a lost-time accident. JDIL operates across multiple principal segments, focusing on offshore drilling, directional drilling, and mud logging, while emphasizing continuous investment in its workforce and equipment to ensure safe, efficient, and cost-effective operations. As part of the Dharam Pal Jindal Group, JDIL exemplifies a dedication to innovation, safety, and excellence in the energy sector.
Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | |
Promoters + | 63.40% | 64.26% | 64.26% | 64.26% | 64.26% |
FIIs + | 0.27% | 0.42% | 0.29% | 0.45% | 0.64% |
DIIs + | 0.84% | 0.84% | 1.05% | 1.05% | 1.05% |
Public + | 35.49% | 34.48% | 34.40% | 34.23% | 34.05% |
No. of Shareholders | 18,380 | 18,449 | 20,784 | 21,682 | 21,522 |
The shareholding pattern of Jindal Drilling & Industries showcases a stable and structured ownership distribution over the period from December 2023 to December 2024. The promoters’ stake remained dominant and consistent, starting at 63.40% in December 2023 and increasing slightly to 64.26% by March 2024, maintaining this level throughout the subsequent quarters. The Foreign Institutional Investors (FIIs) showed a gradual rise, starting from 0.27% in December 2023 and growing to 0.64% by December 2024, reflecting increased international interest. The Domestic Institutional Investors (DIIs) also displayed stability, with their stake increasing marginally from 0.84% in December 2023 to 1.05% by June 2024 and staying steady thereafter.
The public shareholding showed a gradual decline over the year, reducing from 35.49% in December 2023 to 34.05% by December 2024, indicating a shift towards institutional ownership. Additionally, the number of shareholders increased notably from 18,380 in December 2023 to a peak of 21,682 in September 2024, before settling at 21,522 by December 2024. This reflects growing investor confidence and interest in Jindal Drilling & Industries over the period.
Below are the trading platforms that you can use to purchase Jindal Drilling & Industries shares:
➤ Zerodha
➤ Upstox
➤ Groww
➤ AngelOne
➤ ICICIDirect
When | Maximum Price | Minimum Price |
March 2025 | 846.77 | 651.36 |
April 2025 | 838.39 | 644.91 |
May 2025 | 813.97 | 626.13 |
June 2025 | 850.59 | 654.30 |
July 2025 | 833.92 | 641.47 |
August 2025 | 859.71 | 661.31 |
September 2025 | 870.02 | 669.25 |
October 2025 | 892.64 | 686.65 |
November 2025 | 914.96 | 703.82 |
December 2025 | 956.13 | 735.49 |
As we move through 2025, Jindal Drilling & Industries share prices are projected to exhibit a dynamic trend. Starting in March 2025, the maximum share price is expected to reach ₹846.77, while the minimum share price could be ₹651.36. By December 2025, Jindal Drilling & Industries share prices are anticipated to peak at a maximum of ₹956.13, with a minimum of ₹735.49.
When | Maximum Price | Minimum Price |
January 2026 | 984.82 | 757.55 |
February 2026 | 960.20 | 738.61 |
March 2026 | 979.40 | 753.39 |
April 2026 | 999.39 | 768.76 |
May 2026 | 989.49 | 761.15 |
June 2026 | 1,014.23 | 780.18 |
July 2026 | 994.34 | 764.88 |
August 2026 | 1,025.10 | 788.54 |
September 2026 | 1,045.60 | 804.31 |
October 2026 | 1,072.79 | 825.22 |
November 2026 | 1,099.60 | 845.85 |
December 2026 | 1,127.10 | 867.00 |
As we step into 2026, Jindal Drilling & Industries share prices are anticipated to show remarkable growth. In January 2026, the maximum share price is projected to reach ₹984.82, while the minimum could be ₹757.55. By December 2026, Jindal Drilling & Industries share prices are expected to climb further, with a maximum of ₹1,127.10 and a minimum of ₹867.00, reflecting a steady upward trajectory throughout the year.
When | Maximum Price | Minimum Price |
January 2027 | 1,138.37 | 875.67 |
February 2027 | 1,167.55 | 898.12 |
March 2027 | 1,213.09 | 933.15 |
April 2027 | 1,189.30 | 914.85 |
May 2027 | 1,154.66 | 888.20 |
June 2027 | 1,206.62 | 928.17 |
July 2027 | 1,182.96 | 909.97 |
August 2027 | 1,219.55 | 938.12 |
September 2027 | 1,262.23 | 970.95 |
October 2027 | 1,295.05 | 996.19 |
November 2027 | 1,327.43 | 1,021.10 |
December 2027 | 1,360.62 | 1,046.63 |
When | Maximum Price | Minimum Price |
January 2028 | 1,387.83 | 1,067.56 |
February 2028 | 1,423.41 | 1,094.93 |
March 2028 | 1,478.93 | 1,137.64 |
April 2028 | 1,449.93 | 1,115.33 |
May 2028 | 1,407.70 | 1,082.84 |
June 2028 | 1,471.04 | 1,131.57 |
July 2028 | 1,442.20 | 1,109.38 |
August 2028 | 1,486.80 | 1,143.69 |
September 2028 | 1,538.84 | 1,183.72 |
October 2028 | 1,578.85 | 1,214.50 |
November 2028 | 1,618.32 | 1,244.86 |
December 2028 | 1,658.78 | 1,275.98 |
When | Maximum Price | Minimum Price |
January 2029 | 1,691.96 | 1,301.50 |
February 2029 | 1,735.34 | 1,334.88 |
March 2029 | 1,803.02 | 1,386.94 |
April 2029 | 1,767.66 | 1,359.74 |
May 2029 | 1,716.18 | 1,320.14 |
June 2029 | 1,793.41 | 1,379.54 |
July 2029 | 1,758.24 | 1,352.49 |
August 2029 | 1,812.62 | 1,394.32 |
September 2029 | 1,876.06 | 1,443.12 |
October 2029 | 1,924.84 | 1,480.65 |
November 2029 | 1,972.96 | 1,517.66 |
December 2029 | 2,022.28 | 1,555.60 |
When | Maximum Price | Minimum Price |
January 2030 | 2,062.73 | 1,586.72 |
February 2030 | 2,115.62 | 1,627.40 |
March 2030 | 2,198.13 | 1,690.87 |
April 2030 | 2,155.03 | 1,657.72 |
May 2030 | 2,092.26 | 1,609.43 |
June 2030 | 2,186.41 | 1,681.86 |
July 2030 | 2,143.54 | 1,648.88 |
August 2030 | 2,209.84 | 1,699.88 |
September 2030 | 2,287.18 | 1,759.37 |
October 2030 | 2,346.65 | 1,805.11 |
November 2030 | 2,405.32 | 1,850.24 |
December 2030 | 2,465.45 | 1,896.50 |
As we progress through 2030, Jindal Drilling & Industries share prices are anticipated to demonstrate significant growth. In January 2030, the maximum share price is expected to reach ₹2,062.73, while the minimum could be ₹1,586.72. By December 2030, the share prices are projected to rise further, with a maximum of ₹2,465.45 and a minimum of ₹1,896.50.
Financial Condition of Jindal Drilling & Industries
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
Sales + | 216 | 398 | 420 | 512 | 617 | 781 |
Expenses + | 793 | 356 | 310 | 349 | 478 | 628 |
Operating Profit | -577 | 42 | 110 | 163 | 139 | 153 |
OPM % | -267% | 11% | 26% | 32% | 23% | 20% |
Other Income + | 34 | 8 | 32 | 47 | 29 | 105 |
Interest | 14 | 16 | 12 | 11 | 15 | 15 |
Depreciation | 26 | 32 | 43 | 63 | 64 | 75 |
Profit before tax | -583 | 2 | 87 | 136 | 89 | 169 |
Tax % | 1% | 416% | 26% | 29% | 42% | |
Net Profit + | -591 | -6 | 64 | 97 | 51 | 129 |
EPS in Rs | -203.82 | -2.03 | 22.25 | 33.43 | 17.65 | 44.6 |
Dividend Payout % | 0% | -25% | 2% | 2% | 3% |
The financial performance of Jindal Drilling & Industries showcases a strong turnaround and steady growth over the years, particularly from March 2020 to the trailing twelve months (TTM). Sales have witnessed consistent growth, rising from ₹216 crore in March 2020 to ₹617 crore in March 2024 and further to ₹781 crore in the TTM. Expenses, although significant at ₹793 crore in March 2020, have been better managed in recent years, standing at ₹628 crore in the TTM. Operating profit has seen a remarkable recovery, improving from a loss of ₹577 crore in March 2020 to ₹139 crore in March 2024, with the TTM reaching ₹153 crore. This recovery is reflected in the operating profit margin (OPM), which improved from a negative -267% in March 2020 to a healthier 23% in March 2024, stabilizing at 20% in the TTM.
Other income has also grown substantially, reaching ₹105 crore in the TTM compared to ₹34 crore in March 2020. Profit before tax turned positive, climbing from a loss of ₹583 crore in March 2020 to ₹89 crore in March 2024 and further to ₹169 crore in the TTM. Net profit followed a similar trajectory, transitioning from a loss of ₹591 crore in March 2020 to ₹51 crore in March 2024 and ₹129 crore in the TTM. The company’s EPS rose significantly, from a negative ₹203.82 in March 2020 to ₹44.6 in the TTM, reflecting its improved profitability. Despite these achievements, the dividend payout ratio has remained conservative, moving from 2% in March 2022 to 3% in March 2024. These financial trends highlight Jindal Drilling & Industries’ resilience, operational improvements, and commitment to long-term growth.
FAQS
By the end of 2025, it is expected that the per share price of Jindal Drilling & Industries will rise to ₹956.13.
The share price target of Jindal Drilling & Industries for 2030 might be around ₹2,465.45.
Also read:
- BASF India Share Price Target 2025, 2026 to 2030
- Ingersoll-Rand (India) Share Price Target 2025, 2026 to 2030
- Gabriel India Share Price Target 2025, 2026 to 2030
Conclusion: Should you buy Jindal Drilling & Industries in 2025?
Jindal Drilling & Industries Ltd. (JDIL) has established itself as a key player in India’s offshore drilling sector, showcasing resilience, operational excellence, and a strong commitment to safety. The shareholding patterns indicate growing institutional confidence, with increasing stakes held by promoters and foreign institutional investors. Financially, JDIL has shown a significant turnaround with consistent growth in sales, improved operational efficiency, and rising profitability. Looking ahead, the share price projections for 2025 to 2030 reflect a promising upward trend, supported by the company’s focus on innovation and operational efficiency, positioning it as a strong contender for sustainable growth in the energy sector.
What did we learn?
- 1 Shareholdings Patterns of Jindal Drilling & Industries
- 2 How to Purchase Jindal Drilling & Industries Shares in India?
- 3 Jindal Drilling & Industries Share Price Prediction: 2025 – 2030
- 3.1 Jindal Drilling & Industries Share Price Prediction 2025
- 3.2 Jindal Drilling & Industries Share Price Prediction 2026
- 3.3 Jindal Drilling & Industries Share Price Target 2027
- 3.4 Jindal Drilling & Industries Share Price Prediction 2028
- 3.5 Jindal Drilling & Industries Share Price Target 2029
- 3.6 Jindal Drilling & Industries Share Price Target 2030
- 4 Financial Condition of Jindal Drilling & Industries
- 5 FAQS
- 6 Conclusion: Should you buy Jindal Drilling & Industries in 2025?