Jindal Drilling And Industries Limited — Investor Meet, 13-11-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Jindal Drilling's Q2 FY26 saw revenue up 32% QoQ, driven by a one-time INR 100 Cr litigation gain. PAT jumped 116% to INR 121 Cr, but EBITDA fell 13% to INR 93 Cr due to rig de-hires and forex. Net cash rose to INR 295 Cr. Management guides for 35% operating margins. Jindal Explorer is redeploying, while Jindal Pioneer's refurbishment continues, targeting higher day rates in upcoming ONGC bids. The company is exploring international markets and new drilling segments, using strong cash for dividends and future rig maintenance.