MoneyWorks4Me

Jindal Drilling expects 40% growth in consolidated income to Rs 600 crore in FY17

08 Jun 2016 Evaluate

Jindal Drilling & Industries expects to clock a 40% growth in consolidated income to Rs 600 crore in FY17 from its drilling and rigs businesses. The company had a consolidated income of Rs 430 crore in FY16. The company expects margins to increase from 52% in FY16 and margins in rigs business may vary by 10% on account of repairs.

Jindal Drilling & Industries is engaged in drilling and related services. The company provides a range of services to companies involved in the exploration of oil and gas.


Jindal Drilling&Inds Share Price

635.90 21.00 (3.42%)
07-Aug-2026 16:59 View Price Chart
Peers
Company Name CMP
ONGC 237.65
Oil India 441.00
Jindal Drilling&Inds 635.90
Deep Industries 638.30
Asian Energy Service 409.40
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through: