What we do Jindal Drilling & Industries Ltd provides offshore oil well drilling, seamless casing pipes manufacturing, mud-logging, and directional drilling services primarily for India's oil and gas sector. |
Founded in 1,983 |
Market share Leading offshore drilling services contractor in India's oil & gas exploration with a strong operational fleet and long-term contracts. |
Problem solved Offers critical offshore drilling and related services enabling oil and gas exploration and production efficiently and safely. |
Top clients or who we serve Oil and Natural Gas Corporation (ONGC), Oil India Limited (OIL), Indian oil & gas exploration companies; B2B clients in energy sector. |
Key management - |
Our journey and innovations Founded in 1983, evolved through mergers and joint ventures, acquired multiple jack-up rigs, enhanced directional drilling capabilities, and expanded offshore operations. |
Where we operate Primarily India with operational rigs under charter in UAE and joint ventures in Singapore. |
Top products or what we offer Offshore jack-up rig operations, directional drilling tools, mud logging services, seamless casing pipe processing and heat treatment. |
Top brands - |
Raw materials needed Steel pipes for manufacturing and casing. |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue largely recurring from long-term rig contracts; some cyclical exposure due to oil sector capital expenditure. |
Our industry position Among top offshore rig operators in India, with diversified services and strong government clients. |
Financial highlights Revenue Rs. 828 crore and Net Profit Rs. 141 crore in FY 2024-25; consistent growth in revenue and profitability over recent years. |
Geographical revenue split - |
Order book Order book valued at approx. Rs. 1183 crore from contracts spanning 2025 to 2029. |
Whats driving growth Growing oil and gas exploration demand, acquisition of rigs, operational efficiency, and increased directional drilling service. |
Our future plans Expanding rig fleet, refurbishing rigs, and increasing offshore operational capacity to capture greater market share. |
Our green promise - |
Our people and values Experienced management and operational teams with focus on safety and customer satisfaction. |
Key challenges ahead Market volatility in oil prices, regulatory risks, maintaining rig utilization, and operational safety compliance. |
Interesting facts Operates one of India's largest offshore jack-up rig fleets with over three decades of experience. |
Risks and strategy Mitigates operational and financial risks through long-term contracts, diversified services, and strategic joint ventures. |