Jindal Drilling & IndustriesNSE:JINDRILL -0.65%72 Interest Coverage is 26.74 as of Mar. 2026, which is 206% above its 10-year median of 8.73. GuruFocus rates NSE:JINDRILL with a GF Score™ of 72/100 and a GF Value™ of ₹983.89 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 729 Oil & Gas companies, Jindal Drilling & Industries ranks better than 76.68% on this metric.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's
Operating Income
by its Interest Expense. Jindal Drilling & Industries's
Operating Income
for the
three
months ended in Mar. 2026 was ₹404 Mil. Jindal Drilling & Industries's Interest Expense for the
three
months ended in Mar. 2026 was ₹-15 Mil.
Jindal Drilling & Industries's interest coverage for the quarter that ended in Mar. 2026 was 26.74.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Jindal Drilling & Industries's Interest Coverage or its related term are showing as below:
NSE:JINDRILL'
s Interest Coverage Range Over the Past 10 Years
Min: 1.25 Med: 8.73 Max: 27.54
Current: 27.54
NSE:JINDRILL's Interest Coverage is ranked better than 76.68% of 729
companies
in the Oil & Gas industry
Industry Median: 5.88
vs NSE:JINDRILL: 27.54
Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.
Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .
Jindal Drilling & Industries Interest Coverage Related Terms
Jindal Drilling & Industries Interest Coverage Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
NSE:JINDRILL vs SLB, BKR, HAL: Interest Coverage Comparison
For the Oil & Gas Equipment & Services subindustry, Jindal Drilling & Industries's Interest Coverage, along with its competitors' market caps and Interest Coverage data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Jindal Drilling & Industries Interest Coverage vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Jindal Drilling & Industries's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Jindal Drilling & Industries's Interest Coverage falls into.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Jindal Drilling & Industries (NSE:JINDRILL) has a Interest Coverage of 26.74 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Jindal Drilling & Industries and its competitors. This is 206% above median its historical median of 8.73. Over the past decade, Jindal Drilling & Industries' Interest Coverage has ranged from 1.25 to 27.54. According to the industry distribution chart, Jindal Drilling & Industries ranks #170 out of 729 companies in the Oil & Gas industry, placing it in the top 23.3%.
Is Jindal Drilling & Industries' Interest Coverage too high?
Jindal Drilling & Industries' current Interest Coverage of 26.74 is 206% above median its 10-year median of 8.73. Over the past 10 years, this metric has ranged from a low of 1.25 to a high of 27.54. The Oil & Gas industry median Interest Coverage is 5.88. Jindal Drilling & Industries' value of 26.74 is 354.8% above this industry median. Based on the distribution chart, Jindal Drilling & Industries ranks #170 out of 729 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Jindal Drilling & Industries has a GF Score™ of 72/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Jindal Drilling & Industries' Interest Coverage compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Jindal Drilling & Industries ranks #170 out of 729 companies for Interest Coverage. This places Jindal Drilling & Industries in the top 23% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 5.88. Jindal Drilling & Industries' value of 26.74 is 354.8% above this benchmark. Historically, Jindal Drilling & Industries' own Interest Coverage has ranged from 1.25 to 27.54 over the past decade. While the company's 10-year median is 8.73 vs. the industry median of 5.88, Jindal Drilling & Industries has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for an Oil & Gas company?
The median Interest Coverage among Oil & Gas companies is 5.88, based on 729 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Jindal Drilling & Industries's current Interest Coverage of 26.74 is 354.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Jindal Drilling & Industries and its competitors. For the Oil & Gas industry, the median Interest Coverage is 5.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jindal Drilling & Industries's current Interest Coverage is 26.74, which is 206% above median its own 10-year median of 8.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jindal Drilling & Industries stock overvalued right now?
Based on GuruFocus' analysis, Jindal Drilling & Industries (NSE:JINDRILL) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹983.89, compared to a current price of ₹544.70 — trading 44.6% below its estimated fair value. The current Interest Coverage is 26.74, which is 206% above median its 10-year median of 8.73 and 354.8% above the Oil & Gas industry median of 5.88. Jindal Drilling & Industries' overall GF Score™ is 72/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Jindal Drilling & Industries (NSE:JINDRILL), the current Interest Coverage is 26.74 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Jindal Drilling & Industries (NSE:JINDRILL) Overvalued in 2026?
Based on GuruFocus' analysis, Jindal Drilling & Industries stock appears to be undervalued.
The current stock price of ₹544.70 is trading 44.6% below its estimated GF Value™ of ₹983.89.
GuruFocus considers Jindal Drilling & Industries to be Significantly Undervalued.
Key valuation signals for NSE:JINDRILL:
Interest Coverage: 26.74 (206% above median its 10-year median of 8.73)
GF Value™: ₹983.89 vs. price of ₹544.70 (44.6% below fair value)
Industry Position: 354.8% above the Oil & Gas median (#170 of 729)
No single metric tells the full story. See the NSE:JINDRILL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Jindal Drilling & Industries Ltd is engaged in providing drilling and related services to entities involved in oil and gas exploration. It provides offshore drilling, directional drilling, measurement while drilling (MWD), and mud logging services. Geographically, the company operates only in India.
72GF Score
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