Earning Call Presentation Q1 FY27

E-Communication JDIL/SECT/SE/2026-27 10 August 2026 BSE Limited National Stock Exchange of India Limited 25th Floor, P.J. Towers, Exchange Plaza, C-1, Block-G, Dalal Street, Mumbai-400001 Bandra - Kurla Complex Bandra (E), Mumbai-400051 Security Code: 511034 Security Code: JINDRILL Sub: Earnings Presentation for Q1 FY27 Dear Sir/Madam, Pursuant to Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements) Regulations 2015, please find enclosed Earnings Presentation for the quarter ended 30 June 2026 issued by the Company. You are requested to kindly take the same on record. Thanking you, Yours faithfully, For Jindal Drilling & Industries Limited Binaya Kumar Dash Company Secretary & Compliance Officer Earnings Presentation Quarter ending 30 June 2026 10 August 2026 This document contains “forward-looking statements” about our business, financial performance, skills and prospects. Statements about our plans, intentions, expectation, beliefs, estimates, prediction or similar expression for the future are forward-looking statements. Forward looking statements are based on management’s current views and assumptions and involve known and unknown risks that could cause actual results, performance or events to differ materially from those expressed or implied by those statements. These risks include but are not limited to risks arising from uncertainties as to future oil and gas prices & their impact on investment programs by oil and gas companies, economic & political conditions etc. We cannot assure that outcome of these forward-looking statements will be realised. The Company disclaims any duty to update the information presented here. The material presented can not be used for any other purpose in any form without our express written consent. About us ➢ Leading offshore drilling services contractor in India’s oil & gas sector ➢ Over 35 years of offshore drilling experience ➢ Efficient and experienced operational & management team ➢ Delivering high level of customer satisfaction ➢ Excellence through stringent safety measures ➢ Offshore jack up rigs – 3 owned & 3 rented ➢ Currently operating 5 offshore jack-up rigs with ONGC in India ➢ 1 offshore jack-up rig is under refurbishment in UAE ➢ Provides mud logging & directional drilling services to oil & gas sector Rigs on long term contracts Rig name Built Design Status Discovery-I 2008 K’FELS B-Class Owned 1975 with life Jindal Supreme enhancements in Marathon Letourneau 84F Owned 2006 / 2016 / 2020 Jindal Pioneer 2015 Letourneau 116E Owned Virtue-I 2008 K’FELS B-Class Rented Jindal Star 2013 Letourneau 116E Rented Jindal Explorer 2014 K’FELS B-Class Rented Rigs – Order book (approx.) as on 30/06/2026 Order book (approx.) Operating Day Rig name Contract Duration Rate (USD) USD mn Rs. crore Discovery-I May 23 - October 26 48,324 5 46 Jindal Supreme October 24 - October 27 88,859 40 384 Jindal Pioneer October 26 - October 29 47,681 50 477 Virtue-I October 23 - October 26 80,633 9 91 Jindal Star July 23 - September 26 44,000 4 36 Jindal Explorer November 25 - November 28 35,606 28 276 Total 136 1310 ➢ Above figures are approximate calculations of contracts received and may vary based on actual operational performance. ➢ Rig Jindal Pioneer is under refurbishment in UAE and will be deployed in Q3 FY27. Rigs – Bifurcation of order book as on 30/06/2026 Rs. crore Rig name 9M FY27 FY28 FY29 FY30 Total Discovery-I 46 46 Jindal Supreme 222 162 384 Jindal Pioneer 79 159 159 80 477 Virtue-I 91 91 Jindal Star 36 36 Jindal Explorer 89 119 68 276 Total 563 440 227 80 1310 ➢ Above figures are approximate calculations of contracts received and may vary based on actual operational performance. ➢ Rig Jindal Pioneer is under refurbishment in UAE and will be deployed in Q3 FY27. Quarterly Highlights Total revenue EBIDTA & EBIDTA % 120 107 104 54% 283 80 36% 263 272 42% 39% 38% 30% 30% 125 e 161 40e 18% .s .s 0R 0R 0% Q1FY26 Q2FY26 Q3FY26 Q4FY26 Q1FY27 Q1FY26 Q2FY26 Q3FY26 Q4FY26 Q1FY27 PAT & PAT % EPS 150 51% 60% 100 121 40% 19 18 50 12% 20% 0 0% 0 Q1FY26 Q2FY26 Q3FY26 Q4FY26 Q1FY27 Q1FY26 Q2FY26 Q3FY26 Q4FY26 Q1FY27 • Impact of favourable order of Bombay High Court which was considered in Q2FY26 was subsequently appealed by ONGC in Supreme Court leading to reversal in Q3FY26. Profit & Loss - Comparison Rs. crore Particulars Q1 FY27 Q4 FY26 Q1 FY26 FY26 FY25 Revenue from operations 275 263 254 997 828 Add: Other income 7 9 8 46 56 Total revenue 283 272 263 1042 884 Less: Expenses Operational expenses (136) (139) (119) (502) (483) Employees benefit expenses (25) (27) (22) (94) (89) Finance cost (1) (1) (3) (8) (16) Depreciation & amortization (39) (38) (37) (151) (89) Other expenses (10) (19) (6) (52) (18) Total expenses (212) (224) (187) (806) (696) Profit before exceptional items & tax 71 48 76 236 188 Less: Exceptional items - (4) - (4) - Profit before tax 71 44 76 232 188 Less: Tax (18) (12) (19) (59) (47) Profit after tax 52 32 56 173 141 Annual Highlights Rs. crore Total revenue EBIDTA & EBIDTA % 1200 1042 360 349 45% 800 646 26% 559 240 30% 400 e 120e 175 15% o o 110 .s .s 0R 0R 0% FY22 FY23 FY24 FY25 FY26 FY22 FY23 FY24 FY25 FY26 PAT & PAT % EPS 210 42% 75 173 60 141 49 140 112 114 28% 50 39 39 65 22 70 14% 25 e 18% 17% 17% o 15% R 0% FY22 FY23 FY24 FY25 FY26 FY22 FY23 FY24 FY25 FY26 EBIDTA Mix Rs. crore Q1 FY27 Q4 FY26 11 8 Total - 104 Total - 78 93 70 Directional Drilling Q1 FY26 FY26 5 23 1 Mud Logging Total - 107 Total - 349 102 325 Borrowings – Gross & Net Debt Rs. crore Particulars June 26 March 26 Loan for rig refurbishment 52 69 ➢ Gross debt continues to Gross debt (A) 52 69 reduce Working capital borrowing (B) 17 24 Less: Loans receivable from JV - - ➢ Net cash position improves Liquid investments (248) (220) rapidly despite recent Cash (4) (1) acquisition of rig Jindal Liquidity available (C) (252) (221) Pioneer reflecting strong cashflows Net debt / (cash) (A) + (B) + (C) (183) (128) Shareholding Structure – 30 June 2026 28.43% 66.78% Marquee Investor ➢ Ashish Chugh 4.79% Promoters Public > 1% Public - Others Investor Contact Kaushal Bengani Deputy General Manager Investor Relations & Finance Tel. No.: +91-124-4624177 E-Mail: kaushal@jindaldrilling.in