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Last Updated on: 21 December, 2024
Author: Getaka|Social: Getaka Financial Technology X (Earlier Twitter) Profile Getaka Financial Technology LinkedIn Logo

Jindal Drilling & Industries Ltd: Fundamental Analysis, Share Price Insights & Intrinsic Value (2024)

Share Price and Basic Stock Data

Last Updated: December 21, 2024, 2:20 am

Market Cap 2,221 Cr.
Current Price 766
High / Low 860/497
Stock P/E21.8
Book Value 418
Dividend Yield0.07 %
ROCE12.1 %
ROE10.1 %
Face Value 5.00
PEG Ratio0.71

Stock P/E, Current Price, and Intrinsic Value Over Time

View Share Price Target for

Competitors of

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Gujarat Natural Resources Ltd 253 Cr. 19.7 24.3/9.92 8.530.00 %1.12 %3.49 % 10.0
Dolphin Offshore Enterprises (India) Ltd 2,200 Cr. 550 949/118101 60.60.00 %0.97 %3.22 % 1.00
Deep Energy Resources Ltd 999 Cr. 312 348/150694 1210.00 %0.39 %0.35 % 10.0
Selan Explorations Technology Ltd 1,279 Cr. 841 1,100/40422.1 2860.00 %12.3 %8.70 % 10.0
Oil India Ltd 68,610 Cr. 422 768/2428.18 3242.49 %17.7 %18.0 % 10.0
Industry Average30,032.69 Cr548.3887.77544.760.83%10.49%9.47%6.85

All Competitor Stocks of

Quarterly Result

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Sales1141129910011610513313813810394142183
Expenses1049181838763899093655289128
Operating Profit10221917294144484538425355
OPM %9%19%19%17%25%40%33%34%32%37%44%37%30%
Other Income2358118171875586
Interest4322221123344
Depreciation8888121616161616161616
Profit before tax-0141316273144483524274141
Tax %28%50%24%51%10%26%26%26%26%26%25%25%25%
Net Profit-07108242333362618203131
EPS in Rs-0.122.353.432.608.228.0611.2612.348.816.187.0110.6410.74

Last Updated: Unknown

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: Unknown

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales877813749445320372149207216398420512522
Expenses800725693401284355209198176341310334334
Operating Profit778857443617-60104057110178188
OPM %9%11%8%10%11%5%-40%5%18%14%26%35%36%
Other Income1316233030264553348324723
Interest11112104141416121114
Depreciation11111114159992632436363
Profit before tax789367594924-2840331787151134
Tax %34%29%27%31%35%28%44%15%22%46%25%26%
Net Profit516649413217-153426965112100
EPS in Rs22.3425.6316.9814.0510.985.86-5.3411.779.043.1722.3238.5834.57
Dividend Payout %2%2%3%4%5%9%-9%4%6%16%2%1%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2012-20132013-20142014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-2023
YoY Net Profit Growth (%)29.41%-25.76%-16.33%-21.95%-46.88%-188.24%326.67%-23.53%-65.38%622.22%72.31%
Change in YoY Net Profit Growth (%)0.00%-55.17%9.43%-5.62%-24.92%-141.36%514.90%-350.20%-41.86%687.61%-549.91%

has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2012-2013 to 2022-2023.

Growth

Compounded Sales Growth
10 Years:-2%
5 Years:24%
3 Years:16%
TTM:52%
Compounded Profit Growth
10 Years:12%
5 Years:29%
3 Years:132%
TTM:8%
Stock Price CAGR
10 Years:16%
5 Years:59%
3 Years:82%
1 Year:-1%
Return on Equity
10 Years:4%
5 Years:7%
3 Years:9%
Last Year:10%

Last Updated: Unknown

Balance Sheet

Last Updated: November 14, 2024, 10:31 pm

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Sep 2024
Equity Capital13141414141414141414141414
Reserves6237407958278418248538748839451,0501,1631,196
Borrowings14130877763163399330220207294202
Other Liabilities141111168169746156969269270323368373
Total Liabilities7918799781,0981,0079631,5991,3561,4961,4501,5941,8401,786
Fixed Assets55586755686453531502651602551520
CWIP660100519000000
Investments277433457293248190188187187206235243214
Other Assets4533814547496917098396398075937571,0451,052
Total Assets7918799781,0981,0079631,5991,3561,4961,4501,5941,8401,786

Reserves and Borrowings Chart

Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Cash from Operating Activity +6826142-46-61-6785210619664-44
Cash from Investing Activity +-169-86-125-408486-92-27260-66-38-20
Cash from Financing Activity +8959-1584-21-1986222-85-119-2373
Net Cash Flow-1202-22022801138

Free Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Free Cash Flow77.0074.0044.0044.00-51.00-60.00-123.00-153.00-359.00-273.00-110.00-29.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Debtor Days808710413485250176214152134110112
Inventory Days
Days Payable
Cash Conversion Cycle808710413485250176214152134110112
Working Capital Days51652815819353244042911146107160
ROCE %14%7%4%5%3%-4%5%4%3%8%13%12%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthSep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
Promoters67.42%67.42%67.42%67.42%67.42%67.42%66.88%63.40%63.40%63.40%64.26%64.26%
FIIs0.10%0.30%1.04%0.70%0.52%0.76%0.81%0.33%0.29%0.27%0.42%0.29%
DIIs0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.84%0.84%1.05%
Public32.48%32.28%31.54%31.88%32.06%31.82%32.31%36.28%36.30%35.49%34.48%34.40%
No. of Shareholders17,22017,10620,73520,06918,33918,57118,68618,18617,15718,38018,44920,784

Shareholding Pattern Chart

No. of Shareholders

Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)Previous Number of SharesPrevious DatePercentage Change
Bandhan Core Equity Fund169,8260.4313.68169,8262024-12-020%

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 24Mar 23Mar 22Mar 21Mar 20
FaceValue5.005.005.005.005.00
Basic EPS (Rs.)17.6533.4322.24-2.03-187.56
Diluted EPS (Rs.)17.6533.4322.24-2.03-187.56
Cash EPS (Rs.)61.3260.2637.2914.3417.93
Book Value[Excl.RevalReserv]/Share (Rs.)470.03451.77412.04387.01440.29
Book Value[Incl.RevalReserv]/Share (Rs.)470.03451.77412.04387.01440.29
Revenue From Operations / Share (Rs.)212.90176.73144.87137.2874.60
PBDIT / Share (Rs.)78.7076.5447.6321.9324.74
PBIT / Share (Rs.)56.7454.8732.6510.7615.86
PBT / Share (Rs.)52.3352.1129.945.8411.53
Net Profit / Share (Rs.)39.3738.5922.323.179.04
NP After MI And SOA / Share (Rs.)17.6533.4322.24-2.03-203.82
PBDIT Margin (%)36.9643.3032.8715.9733.16
PBIT Margin (%)26.6531.0422.537.8321.25
PBT Margin (%)24.5729.4820.664.2515.45
Net Profit Margin (%)18.4921.8315.402.3012.11
NP After MI And SOA Margin (%)8.2818.9115.35-1.47-273.22
Return on Networth / Equity (%)3.757.395.39-0.52-46.29
Return on Capital Employeed (%)9.8610.196.342.172.86
Return On Assets (%)2.445.033.60-0.32-32.12
Long Term Debt / Equity (X)0.090.060.120.160.16
Total Debt / Equity (X)0.210.150.180.290.31
Asset Turnover Ratio (%)0.300.300.250.230.10
Current Ratio (X)1.651.471.331.151.33
Quick Ratio (X)1.561.371.191.041.19
Dividend Payout Ratio (NP) (%)2.831.492.24-24.74-0.29
Dividend Payout Ratio (CP) (%)1.260.901.345.48-0.30
Earning Retention Ratio (%)97.1798.5197.76124.74100.29
Cash Earning Retention Ratio (%)98.7499.1098.6694.52100.30
Interest Coverage Ratio (X)17.8127.7517.584.465.71
Interest Coverage Ratio (Post Tax) (X)9.9114.999.241.643.09
Enterprise Value (Cr.)2029.01803.02815.23504.04524.87
EV / Net Operating Revenue (X)3.291.571.941.272.43
EV / EBITDA (X)8.903.625.917.937.32
MarketCap / Net Operating Revenue (X)2.991.361.650.650.60
Retention Ratios (%)97.1698.5097.75124.74100.29
Price / BV (X)1.350.530.570.230.10
Price / Net Operating Revenue (X)2.991.361.650.650.60
EarningsYield0.020.130.09-0.02-4.49

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of as of December 21, 2024 is: 921.00

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of December 21, 2024, is Undervalued by 20.23% compared to the current share price 766.00

Intrinsic Value of as of December 21, 2024 is: 1,204.39

Calculation basis:

  • Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
  • EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of December 21, 2024, is Undervalued by 57.23% compared to the current share price 766.00

Last 5 Year EPS CAGR: 30.77%

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
  1. The company has higher reserves (893.38 cr) compared to borrowings (159.15 cr), indicating strong financial stability.
  2. The company has shown consistent growth in sales (461.54 cr) and profit (61.85 cr) over the years.
  1. The stock has a low average ROCE of 6.17%, which may not be favorable.
  2. The stock has a high average Working Capital Days of 193.33, which may not be favorable.
  3. The stock has a high average Cash Conversion Cycle of 136.50, which may not be favorable.
  • Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in :
    1. Net Profit Margin: 18.49%
      • Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
    2. ROCE: 9.86% (Industry Average ROCE: 9.68%)
      • ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
    3. ROE%: 3.75% (Industry Average ROE: 8.74%)
      • ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
    4. Interest Coverage Ratio (Post Tax): 9.91
      • Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
    5. Quick Ratio: 1.56
      • Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
    6. Stock P/E: 21.8 (Industry average Stock P/E: 74.26)
      • Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
    7. Total Debt / Equity: 0.21
      • Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
    The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
    Stock Rating:

About the Company - Qualitative Analysis

Jindal Drilling & Industries Ltd. is a Public Limited Listed company incorporated on 17/10/1983 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L27200MH2004PLC147736 and registration number is 147736. Currently Company is involved in the business activities of Off shore extraction of crude petroleum. Company’s Total Operating Revenue is Rs. 419.86 Cr. and Equity Capital is Rs. 14.49 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Oil Drilling And ExplorationPipe Nagar, Village - Sukeli, Raigad District Maharashtra 402126secretarial@jindaldrilling.in
http://www.jindal.com
Management
NamePosition Held
Mr. D P JindalChairman
Mr. Raghav JindalManaging Director
Mr. Vijay Kumar KaushikDirector
Mrs. Saroj BhartiaDirector
Mr. Raj Kamal AggarwalDirector
Mr. S K SinghalDirector
Mr. Sunil AroraDirector

FAQ

What is the latest intrinsic value of ?

The latest intrinsic value of as on 21 December 2024 is ₹921.00, which is 20.23% higher than the current market price of ₹766.00. The stock has a market capitalization of 2,221 Cr. and recorded a high/low of 860/497 during the current fiscal year 2024-2025. As of Sep 2024, the company has reserves of ₹1,196 Cr and total liabilities of ₹1,786 Cr.

What is the Market Cap of ?

The Market Cap of is 2,221 Cr..

What is the current Stock Price of as on 21 December 2024?

The current stock price of as on 21 December 2024 is 766.

What is the High / Low of stocks in FY 2024-2025?

In FY 2024-2025, the High / Low of stocks is 860/497.

What is the Stock P/E of ?

The Stock P/E of is 21.8.

What is the Book Value of ?

The Book Value of is 418.

What is the Dividend Yield of ?

The Dividend Yield of is 0.07 %.

What is the ROCE of ?

The ROCE of is 12.1 %.

What is the ROE of ?

The ROE of is 10.1 %.

What is the Face Value of ?

The Face Value of is 5.00.

About the Author

Author Avatar
Getaka

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in . Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE