Jindal Drilling FY26 net profit falls, dividend ₹1

2 min read     Updated on 26 May 2026, 01:45 AM
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Jindal Drilling and Industries Limited announced its audited standalone and consolidated financial results for FY26, reporting a consolidated net profit of ₹21,060 lakh, a decrease from the previous year. Total consolidated income increased to ₹1,04,234 lakh. The board recommended a dividend of ₹1 per share, subject to shareholder approval.

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Jindal Drilling and Industries Limited reported a consolidated net profit of ₹21,060 lakh for the financial year ended March 31, 2026, a decrease from ₹21,590 lakh in the previous year. Total consolidated income for the year rose to ₹1,04,234 lakh from ₹88,433 lakh in FY25. The board has recommended a dividend of ₹1 per equity share, subject to shareholder approval at the Annual General Meeting.

Q4 Standalone Performance

For the quarter ended March 31, 2026, the standalone net profit declined to ₹3,223 lakh compared to ₹5,328 lakh in the corresponding quarter of the previous year. Revenue from operations for Q4 FY26 stood at ₹27,167 lakh, up from ₹26,361 lakh in Q4 FY25. The company reported an exceptional expense of ₹395 lakh during the quarter related to the implementation of new Labor Codes.

Q4 Standalone Key Metrics

Metric Q4 FY26 Q4 FY25
Net Profit ₹3,223 Lakh ₹5,328 Lakh
Revenue ₹27,167 Lakh ₹26,361 Lakh
EBITDA ₹7,810 Lakh ₹8,700 Lakh
EBITDA Margin 29.71% 35.50%

Full-Year Consolidated Financial Performance

On a consolidated basis, total income for FY26 increased to ₹1,04,234 lakh from ₹88,433 lakh in the prior year. Total expenses for the year were recorded at ₹80,642 lakh compared to ₹69,592 lakh in FY25. Profit before tax for the year stood at ₹26,996 lakh, marginally higher than the ₹26,347 lakh reported in the previous financial year. Net profit on a consolidated basis edged lower to ₹21,060 lakh from ₹21,590 lakh.

Key Consolidated Financial Metrics

Metric FY26 (₹ in Lakhs) FY25 (₹ in Lakhs)
Total Income 1,04,234 88,433
Total Expenses 80,642 69,592
Profit Before Tax 26,996 26,347
Net Profit 21,060 21,590
Basic EPS (₹) 72.67 74.50

Dividend Declaration

The board of directors has recommended a dividend of 20% on equity shares, amounting to ₹1.00 per equity share of face value ₹5 each for the financial year 2025-26. This dividend is subject to the approval of members at the forthcoming Annual General Meeting. In the previous year, the company had also declared a dividend of ₹1.00 per share.

Auditor and Governance Updates

M/s Kanodia Sanyal & Associates, Statutory Auditors, issued an audit report with an unmodified opinion on the standalone and consolidated audited financial results. Additionally, the board re-appointed M/s P L Gupta & Co. Chartered Accountants as the Internal Auditors of the company for the financial year 2026-27.

Historical Stock Returns for Jindal Drilling & Industries

1 Day5 Days1 Month6 Months1 Year5 Years
+0.41%-4.62%+5.29%+19.05%-7.79%+379.53%

What specific factors are driving the increase in total expenses despite the rise in total income?

How will the implementation of the new Labor Codes impact operational costs and margins in FY27?

Will the company maintain the current dividend payout ratio given the slight decline in net profit?

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Jindal Drilling & Industries Board Meeting Scheduled on May 22, 2026 to Approve FY26 Audited Results and Consider Dividend

1 min read     Updated on 11 May 2026, 06:31 PM
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Jindal Drilling & Industries has informed stock exchanges of a board meeting scheduled for May 22, 2026, to approve audited financial results (Standalone and Consolidated) for the quarter and financial year ended March 31, 2026. The board will also consider recommending a dividend, if any, on equity shares for FY2025-26, subject to shareholder approval at the Annual General Meeting. Additionally, the company confirmed that the Trading Window for its securities will remain closed until May 24, 2026, in line with regulatory requirements.

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Jindal Drilling & Industries has notified the stock exchanges of an upcoming board meeting pursuant to Regulation 29 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The meeting is scheduled to be held on Friday, 22nd May, 2026, with the agenda covering key financial and corporate matters for the concluded fiscal year.

Board Meeting Agenda

The board meeting has been convened to address the following key items, as communicated by Company Secretary Binaya Kumar Dash on 11th May, 2026:

Agenda Item: Details
Meeting Date: Friday, 22nd May, 2026
Financial Results: Audited Results (Standalone & Consolidated) for Q4 and FY ended March 31, 2026
Dividend Consideration: Recommendation of dividend, if any, on equity shares for FY2025-26
Dividend Approval: Subject to shareholder approval at the ensuing Annual General Meeting
Regulatory Reference: Regulation 29, SEBI (LODR) Regulations, 2015

Trading Window Closure

In continuation of its earlier communication dated 24th March, 2026 regarding the closure of the Trading Window, Jindal Drilling & Industries has confirmed that the Trading Window for trading in the company's securities will remain closed until 24th May, 2026. This closure is in compliance with applicable regulatory requirements governing insider trading restrictions during periods preceding the announcement of financial results.

Key Details at a Glance

  • Regulatory Filing: Intimation filed under Regulation 29 of SEBI (LODR) Regulations, 2015
  • Results Period: Quarter and financial year ended March 31, 2026
  • Result Type: Audited Financial Results — both Standalone and Consolidated
  • Dividend: To be recommended by the board, if any, subject to shareholder approval
  • Trading Window Closed Until: 24th May, 2026

The intimation was signed by Binaya Kumar Dash, Company Secretary of Jindal Drilling & Industries, and submitted to both BSE Ltd and the National Stock Exchange of India Limited on 11th May, 2026.

Historical Stock Returns for Jindal Drilling & Industries

1 Day5 Days1 Month6 Months1 Year5 Years
+0.41%-4.62%+5.29%+19.05%-7.79%+379.53%

How might Jindal Drilling & Industries' FY2026 financial results compare to industry peers amid fluctuating global oil and gas exploration activity?

What factors could influence the board's decision on dividend payout for FY2025-26, and how might it signal the company's future capital allocation strategy?

How could any significant changes in Jindal Drilling's consolidated versus standalone results indicate the performance of its subsidiaries or joint ventures?

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