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Jindal Drilling & Industries Ltd dividend

Jindal Drilling & Industries Ltd dividend

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₹ 0.2 Cr

Volume transacted

stocks purchased

2.5 K

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Jindal Drilling & Industries Ltd

NSE: JINDRILL

DPS

0.5

Last updated : FY 2023

Key Highlights

    The Dividend per Share of Jindal Drilling & Industries Ltd is ₹ 0.5 as of 2023 .a1#The Dividend Payout of Jindal Drilling & Industries Ltd changed from 4.25 % on March 2019 to 1.3 % on March 2023 . This represents a CAGR of -21.09% over 5 years. a1#The Latest Trading Price of Jindal Drilling & Industries Ltd is ₹ 712.1 as of 24 May 15:30 .a1#The Market Cap of Jindal Drilling & Industries Ltd changed from ₹ 285.31 crore on March 2019 to ₹ 696.24 crore on March 2023 . This represents a CAGR of 19.53% over 5 years. a1#The Revenue of Jindal Drilling & Industries Ltd changed from ₹ 149.92 crore to ₹ 208.52 crore over 8 quarters. This represents a CAGR of 17.94% a1#The EBITDA of Jindal Drilling & Industries Ltd changed from ₹ 58.87 crore to ₹ 13.19 crore over 8 quarters. This represents a CAGR of -52.67% a1#The Net Profit of Jindal Drilling & Industries Ltd changed from ₹ 30.12 crore to ₹ -15 crore over 8 quarters. This represents a CAGR of NaN% a1#

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Share Price Vs Dividend Yield

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Fundamental Metrics

Market Cap

2,172 Cr

EPS

26.3

P/E Ratio (TTM) *

28.5

P/B Ratio (TTM) *

1.6

DTE *

0.2

ROE *

5.1

ROCE *

7.3

Dividend Yield *

0.21

DPS *

0.5

Dividend Payout *

1.3

Ann.Dividend % *

10

* All values are consolidated

* All values are consolidated

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Dividend Payout Over Time

Dividend payout refers to the total dividends paid to shareholders relative to the company's earnings. It is a financial measure that determines the percentage of earnings paid out to existing shareholders as dividends. How to calculate Dividend Payout Ratio? The dividend payout ratio formula is as follows: DPR = Dividends paid / Net earnings With the dividend payout ratio, you can understand the company's priorities. It is an important metric that allows you to easily check DPR online.

Dividend Payout Over Time

Period
Mar '194
Mar '206
Mar '2116
Mar '222
Mar '231

* All values are a in %

Dividend per Share (DPS) Over Time

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DIVIDENDYIELD

Dividend Yield is a financial ratio that shows the annual dividend income relative to the market price of a share. It is calculated by dividing the dividend per share by the current market price per share, expressed as a percentage.

Dividend Yield Comparison With Top Peers

1M

1Y

3Y

5Y

* All values are in %

Net Profit Vs Dividend Per Share

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Jindal Drilling & Industries Ltd

NSE: JINDRILL

PRICE

712.1

-14.90(-2.05%)

stock direction

Last updated : 24 May 15:30

SWOT Analysis Of Jindal Drilling & Industries Ltd

Strength

2

S

Weakness

2

W

Opportunity

0

O

Threats

1

T

Dividend Overview for Jindal Drilling & Industries Ltd

  • Jindal Drilling & Industries Ltd, boasts of a market capitalization of Rs 2172 Cr., with a share price of Rs 712.10 as of 24 May 15:30. While all stocks don't consistently pay dividends, Jindal Drilling & Industries Ltd rewarded its shareholders, distributing 1.3 % for the full year.
  • In the year ending 2022, Jindal Drilling & Industries Ltd declared a dividend of Rs 1, resulting in a dividend yield of 0.2% Assessing its dividend-paying capacity and valuation is crucial to determine its suitability as a dividend stock.
  • During the year ending 2023, Jindal Drilling & Industries Ltd recorded revenues of Rs 522 Cr, with a trailing EBITDA Margin of 35.8% and net-profit of Rs 76 Cr

Overview of Dividend

Types of Dividend


Special Dividend

A dividend is paid on common stock when a company has accumulated substantial profits over years, often seen as excess cash that doesn't need immediate use.


Preferred Dividend

A quarterly dividend is paid to preferred stock owners, typically accumulating a fixed amount, and is earned on shares that function more like bonds.


Interim Dividend

Companies declare interim dividends before final full-year accounts are prepared, specifically in India, during the financial year from April to March of the following year.


Final Dividend

A final dividend is issued after the year's accounts have been compiled. Aside from this, the following list highlights the most prevalent sorts of dividends:


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Market Cap Over Time

Market Cap or market capitalisation refers to metrics that are used to measure a company's size. It is defined as the total market value of a company's outstanding shares of stock. Formula of Market Cap: Market Capital = N * P Here, N for the outstanding shares P refers to the closing price of the company's shares. Types of Companies based on Market Cap: - Small-Cap stocks: Up to 500 Crore - Mid-Cap Stocks: From Rs.500 crore up to Rs.7,000 crore - Large-Cap Stocks: From Rs.7,000 crore up to Rs.20,000 crore

Market Cap Over Time

Period
Mar '19285
Mar '20131
Mar '21260
Mar '22692
Mar '23696

* All values are a in crore

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Revenue Over Time

Revenue term means the amount of money a company earns from its primary business activities such as the sales of its products & services. Types of Revenue: 1. Operating revenue: It refers to the income generated from the core business activities, which are sales of goods or services rendered. 2. Non-Operating revenue: It is the income generated from secondary sources unrelated to the primary business. Examples include rents, dividends, interest, and royalty fees. Formula for Revenue: The formula for calculating revenue is based on two goods & services: For goods: Revenue = Avg unit price x Number of Units sold For services: Revenue = Avg unit price x Number of Customers served.

Revenue Over Time

Period
Jun '22150
Sep '22156
Dec '22146
Mar '22108
Jun '2399
Sep '23150
Dec '23190
Mar '23209

* All values are a in crore

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EBITDA Over Time

PBIDT stands for Profit Before Interest, Depreciation, and Taxes. It is a financial metric that measures a company's profitability before accounting for interest expenses, depreciation of assets, and taxes. Formula to calculate PBIDT: PBIDT = Net Income + Interest + Depreciation + Taxes or PBIDT = Operating Income + Depreciation + Taxes PBIDT vs EBITDA vs EBIT vs EBT: Here is a brief explanation of the differences: - PBIDT (Profit Before Interest, Depreciation, and Taxes) includes taxes in its calculation, unlike EBITDA. - EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) excludes taxes and interest, focusing on operational performance. - EBIT (Earnings Before Interest and Taxes) excludes interest and taxes, providing a measure of core operational profitability. - EBT (Earnings Before Taxes) includes all operating income but does not account for interest expenses. Conclusion: PBIDT, similar to EBITDA, is a measure of operational profitability but includes taxes in its calculation.

EBITDA Over Time

Period
Jun '2259
Sep '2261
Dec '2252
Mar '2235
Jun '2338
Sep '2352
Dec '2362
Mar '2313

* All values are a in crore

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Net Profit Over Time

Net profit is the amount of money a company retains after accounting for all expenses, depreciation, interest, taxes, and other deductions. Net Profit formula is expressed as: Net Profit = Total Revenue - Total Expense Net Profit Margin Ratio: Net Profit Margin Ratio = Net Profit / Total Revenue

Net Profit Over Time

Period
Jun '2230
Sep '2232
Dec '2225
Mar '2210
Jun '2312
Sep '2322
Dec '2332
Mar '23-15

* All values are a in crore

About Jindal Drilling & Industries Ltd

About Jindal Drilling & Industries Ltd

    Jindal Drilling & Industries Limited promoted by D P Jindal Group was incorporated on 17th October, 1983. The Company is a manufacturer of seamless casing pipes and off-shore oil well drilling activities. The Company is engaged in providing services to entities involved in exploration of Oil & Gas. It undertakes drilling operations for ONGC on leased jack-up drilling rigs, as also mud-logging operations. It re-threads casing pipe on a job-work basis for ONGC and OIL and trades in steel pipes; it also heat-treats, cold processes, threads and finishes seamless pipes. The company came out with a rights issue in Jan.'94 to part-finance finishing facilities for seamless pipes, which are used by its sister concern Maharashtra Seamless -- and a small part by ONGC and OIL. Seamless pipes find applications in the oil sector, the automobile, fertiliser, chemical and process industries and in the manufacture of bearings. The installed capacity of Threading,end finishing & upsetting of Seamless Pipes was 75000 MT till March 2002. The company is planning to change its Registered ofice from Delhi to Maharashtra and the same is subject to approval. During the year 2006, the Company had filed 2 separate Schemes of Arrangement before the Hon'ble High Court for the States of Punjab and Haryana at Chandigarh for the approval of a) the demerger of Casinvest Division into Haryana Capfin Limited. b) the merger of Newsco Newtech Pvt. Ltd. & Discovery Hydrocarbons Pvt. Ltd. with the Company. By orders of Hon'ble High Court dated 27th July 2006, the said Schemes were approved and accordingly, Newsco Newtech Pvt. Ltd. & Discovery Hydrocarbons Pvt. Ltd. amalgamated with the Company and Casinvest Division demerged into Haryana Capfin Limited with effect from the Appointed Date i.e. 1st April, 2005. Further, Casing Pipe Division of the Company was also sold in 2006. Discovery Hydrocarbons Pvt. Ltd. (DHPL) formed a wholly owned subsidiary, namely Discovery Drilling Pte Ltd. (DDPL) in Singapore in April, 2006. Consequent upon scheme of amalgamation as approved by Hon'ble High Court of Punjab & Haryana on 27th July, 2006, DHPL got merged with Company w.e.f. 1st April, 2005. On 2nd February, 2007 DDPL allotted new shares to financial parties and accordingly this wholly owned subsidiary of the Company became joint venture of the Company, wherein the Company holds 49.07% of its Equity Capital. Discovery Hydrocarbons Pvt. Ltd. (DHPL) entered into a Vessel construction agreement (VCA) with Keppel Fels Limited for construction of new premium jack-up Rig and consequent upon scheme of amalgamation as approved by Hon'ble High Court of Punjab & Haryana on 27th July, 2006, DHPL got merged with Company. During the year 2007-08, Company acquired 49% stake in Virtue Drilling Pte Ltd. (VDPL), Singapore and with this acquisition, VDPL became the Joint Venture Company of the Company. During year 2012, the Company commenced operations for 3 sets of directional drilling tools in ONGC Ankleshwar and 1 set of tools for ONGC Ahmedabad, completed 2 wells contract with M/s. Naftogaz India Pvt Ltd., Ahmedabad. During the year 2015-16, the Company was operating one Jack up Rig, sixteen Directional Drilling units along with split units on call and eleven Mud logging units. It commenced operation of another Rig 'Rowan Louisiana' awarded by ONGC in May, 2016. During the year 2018-19, Company operated 2 Jackup Rigs, 6 Directional Drilling sets and 22 Mud Logging units. It purchased a Jack-up Rig 'Discovery-I' at the cost of USD 75 Million from its Joint Venture Company Discovery Drilling Pte. Ltd. During the year 2021-22, Company operated 5 Jackup Rigs, 6 Directional Drilling sets and 22 Mud Logging units.

Jindal Drilling & Industries Ltd News Hub

News

Board of Jindal Drilling & Industries recommends Final Dividend

Jindal Drilling & Industries announced that the Board of Directors of the Company at its m...

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21 May 2024 16:08

News

Jindal Drilling & Industries to convene board meeting

Jindal Drilling & Industries will hold a meeting of the Board of Directors of the Company ...

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14 May 2024 11:51

News

Jindal Drilling rises as board OKs to buy jack-up rig for $75 mln

Discovery Drilling Pte., Singapore is a joint venture of company of Jindal Drilling and In...

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18 Mar 2024 14:42

News

Jindal Drilling & Industries to declare Quarterly Result

Jindal Drilling & Industries will hold a meeting of the Board of Directors of the Company ...

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17 Jan 2024 17:22

News

Jindal Drilling & Industries schedules board meeting

Jindal Drilling & Industries will hold a meeting of the Board of Directors of the Company ...

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25 Oct 2023 12:59

News

CRISIL upgrades ratings of Jindal Drilling

The agency has also reaffirmed the company's short term rating at 'CRISIL A1'. The upgrade...

Read more

23 Aug 2023 13:58

FAQs for dividends of Jindal Drilling & Industries Ltd

What is the current market price of Jindal Drilling & Industries Ltd Ltd as of May 24, 2024?

The current market price of Jindal Drilling & Industries Ltd Ltd stands at 712.1 per share.

What dividend did Jindal Drilling & Industries Ltd declare in the last fiscal year?

In the last fiscal year, Jindal Drilling & Industries Ltd declared a dividend totaling ₹0.5.

What is the most recent dividend declared by Jindal Drilling & Industries Ltd?

Jindal Drilling & Industries Ltd recently declared a dividend of 0.0 in the latest quarter

How many times has Jindal Drilling & Industries Ltd declared dividends in the current fiscal year

Jindal Drilling & Industries Ltd has declared dividends 4 times totaling ₹0 in the current fiscal year (FY2023-2024).

How many times did Jindal Drilling & Industries Ltd declare dividends in the previous fiscal year?

In the previous fiscal year (FY2022-2023), Jindal Drilling & Industries Ltd declared dividends 4 times totaling ₹0.
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