Jindal Drilling & Industries Limited (JINDRILL.NS) Valuation

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value

-608.6%

-₹2,609.22

vs ₹513.00 price

Levered DCF

₹649.18

After debt service

Piotroski score

6 / 9

Average

Altman Z-score

—

Rating

Overall 3 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
P/E	6.35×	11.44×	35.94×	7.18×	10.74×	-44.24×	-0.22×	4.27×
P/B	0.74×	1.55×	1.35×	0.53×	0.58×	0.23×	0.1×	0.16×
P/S	1.34×	2.98×	2.98×	1.36×	1.65×	0.65×	0.61×	1.41×
EV / EBITDA	3.55×	8.63×	12.82×	4.02×	6.44×	9.07×	-0.98×	7.27×
Gross margin	25.2%	20.1%	25.2%	39.2%	34.7%	31.6%	33.5%	27.2%
Operating margin	23.0%	17.9%	22.5%	22.6%	16.0%	10.2%	7.8%	7.5%
Net margin	21.1%	26.1%	8.3%	18.9%	15.4%	-1.5%	-273.2%	32.9%
Current ratio	1.58×	0.99×	1.65×	1.47×	1.33×	1.15×	1.33×	1.34×
Debt / equity	0.05×	0.1×	0.22×	0.16×	0.18×	0.29×	0.31×	0.09×
Interest coverage	27.14×	9.11×	9.05×	11.04×	5.81×	2.58×	1.18×	1.18×
Dividend yield	0.2%	0.1%	0.1%	0.2%	0.2%	0.6%	1.1%	0.5%
Payout ratio	1.4%	0.7%	2.8%	1.5%	2.2%	-24.7%	-0.2%	2.1%

Key metrics by fiscal year

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	11.6%	13.6%	3.8%	7.4%	5.4%	-0.5%	-46.3%	3.7%
Return on invested capital	8.2%	6.2%	4.4%	4.9%	3.2%	-8.1%	0.9%	0.6%
Return on assets	8.2%	7.6%	2.4%	5.0%	3.6%	-0.3%	-32.1%	2.6%
Free cash flow yield	9.4%	1.5%	-3.2%	7.0%	0.4%	71.3%	-341.0%	-177.8%
Earnings yield	15.7%	8.7%	2.8%	13.9%	9.3%	-2.3%	-445.0%	23.4%
Enterprise value	₹13.5B	₹25.3B	₹21.2B	₹9B	₹9.1B	₹5.9B	₹5.3B	₹4.5B
Net debt / EBITDA	0.02×	0.22×	1.69×	0.92×	1.55×	5.07×	-0.73×	2.61×
Cash conversion cycle (days)	92	166	108	228	187	248	453	418