Annual Report for the Financial Year 2025-26

E-Communication JDIL/SECT/2026-27 24th August, 2026 BSE Ltd National Stock Exchange of India Limited 25th Floor, P.J. Towers, Exchange Plaza, C-1, Block-G Dalal Street, Mumbai-400 001 Bandra-Kurla Complex, Bandra (E), Security Code: 511034 Mumbai – 400 051 Security Code: JINDRILL Sub: Notice of the 42nd Annual General Meeting and Annual Report for the Financial Year 2025-26 Dear Sir/Madam, Pursuant to the provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, (the 'Listing Regulations'), we wish to inform the following: 1. The 42nd Annual General Meeting ('AGM') of the Members of Jindal Drilling And Industries Limited will be held on Tuesday, 15th September, 2026 at 3.00 P.M. through Video Conferencing ('VC) / Other Audio Visual Means ('OAVM') in accordance with Circulars issued by the Ministry of Corporate Affairs and Securities And Exchange Board of India, from time to time. 2. Pursuant to the said Circulars, AGM Notice and Annual Report for the Financial Year 2025-26 is being sent to all the members of the Company, whose email addresses are registered with the Company/Depository Participant(s). 3. The Company has provided the facility to vote by electronic means (remote e-voting as well as e-voting at the AGM) on all the resolutions set out in the AGM notice to the members, who are holding shares as on Cut-off date i.e. Tuesday, 08th September, 2026. The remote e-voting will commence at 9:00 a.m. (IST) on Friday 11th September, 2026 and end at 5:00 p.m. (IST) on Monday, 14th September, 2026. Detailed instructions for registering email addresses(s) and voting/attendance at the AGM are given in the AGM Notice. 4. We also enclose the Annual Report of the Company for the Financial Year 2025-26 including Notice convening the 42nd AGM of the Company for your record which can also be accessed at the Company’s website at www.jindal.com. You are requested to kindly take the same on record. Thanking you, Yours faithfully, For Jindal Drilling And Industries Limited Binaya Kumar Dash Company Secretary Encl.: As stated above ANNUAL REPORT: 2025-26 JINDAL DRILLING AND INDUSTRIES LIMITED RRiigghhtt mmaannooeeuuvvrree ttoo bbeeaatt tthhee cchhaalllleennggeess JDIL is one of the most competetive drilling service provider companies to make breakthrough in challenging market environment by adopting strategic operational programme. Our committment to excellence is reflected in our endeavour to uphold world-class standards in our key strategic areas ; safety, efficiency and effective deliverance of our services to fuel our continued growth. Safety Maintainaing a safety and secured environment is our gold standard throughout all our operational procedure. We are fully committed to keep our people safe from harm, maintain integrity of our assets and protect the environment for a sustainable future. Efficiency To create long term value for our stakeholders, we focus on technology and enhanced performance by our people. We aim to have an efficient and motivated workforce that delivers quality services by maintaining profitable, safe and smooth operation environment enabling create value for our stakeholders. Moving upwards During the year, JDIL accelerated strategic progress by maintaining its offshore rig fleets in highest operational condition and pursuing operational excellence by adhearing to zero tolerance safety protocols. Operational Highlights Zero-Loss Time Incident Zero Compromise HSE 98.55 culture across every operation Rig operating efficiency Financial Highlights 23 20 Growth in GROWTH IN NET PROFIT REVENUE Our Operations are organized into three strategic segments Offshore Drilling Directional / Mud Logging Jack-up Rigs built Horizontal Drilling Services for efficiency, reliability / MWD Services & safety. 6 Jack-up Rigs Precision Well Real-time formation - Discovery 1 placement to evaluation and - Virtue 1 maximise reservoir drilling data for - Jindal Star performance and informed and - Jindal Explorer enhance recovery. confident decision. - Jindal Pioneer - Jindal Supreme Chairman’s Statement D. P. Jindal Chairman Dear Shareholders, Your Company delivered a steady performance in the year under review, marked by good profitability, sound financial footing and disciplined execution. This performance reflects our technical and operational capabilities and our ability to stay focused on what matters most - serving our customers reliably and building long-term value. As detailed in this Annual Report, our operational strength was on full display through the year. We mobilized and redeployed a rig within record time under a new charter-hire contract, a reflection of our strong technical capabilities and seamless coordination across our teams. We remain, at our core, a people-driven organisation. We continue to invest in training, incentives and leadership development, building a strong pipeline of future leaders. Our well-maintained fleet, purpose-built for Indian offshore conditions, give us a clear operational edge as we deepen our focus on domestic projects. Our focus on health, safety, and sustainability continues to grow stronger. We have scaled up initiatives to reduce emissions and strengthen our performance across Environmental, Social and Governance (ESG) priorities- not as a compliance exercise but as a core part of how we build long-term value. I am pleased to report that these combined efforts have enabled your Company to deliver good profitability. I congratulate the senior leadership team for this achievement, which reflects our financial discipline and the strength of our operating model. This performance has further strengthened our balance sheet. Your Company holds a healthy cash surplus, giving us a strong financial foundation for future growth and strategic investments. I take this opportunity to thank all our employees for their contribution to this success. Thank you for your continued trust and support. I also extend our appreciation to our customers for their collaboration as we continue to align our operations with their evolving needs. In closing, I firmly believe your Company is well-positioned to be a meaningful part of India's growth story. With our financial strength and technical and operational capabilities as our foundation, I am confident the years ahead will reflect our ambitions. D.P. JINDAL Managing Director’s Statement strengthening dollar raises concerns of imported inflation, while rising fertilizer costs and the risk of a deficient monsoon pose additional challenges for the agricultural economy. Drilling industry continued to have after-effects of Saudi Aramco's decision to unwind a substantial part of the fleet expansion it had undertaken in prior years, releasing a large number of jack-up rigs back into the global market and keeping international demand subdued. Raghav Jindal Despite this challenging backdrop, I am Managing Director pleased to report that your Company delivered strongly on all fronts. Revenue from operations grew 20.36% to ` 996.57 crore, and EBITDA rose Dear Shareholders, 45.41% to ` 345.24 crore, with EBITDA margin It is with great pride that I present to you the improving by 5.96 percentage points to 34.64% annual performance review of your Company - a testament to the discipline of our operating for the financial year 2025-26. The year under team even as input and compliance costs rose. review has been marked by extraordinary Our operational discipline remained a defining turbulence in the global economy, with the world confronting overlapping crises for the strength. Fleet-wide operating efficiency stood third time in just six years. Following the at 98.55% for the year, and we sustained our disruption caused by the COVID-19 pandemic uncompromising commitment to safety, and the prolonged Russia-Ukraine war, the recording Zero Lost Time Incidents (LTI) across escalation of conflict in the Middle East towards all rigs. This achievement reflects our string [Showing first 8,000 characters — download PDF for full document]