Deep Energy Resources Ltd

About [ edit ]

Deep Industries Limited is a diversified oil and gas company, engages in air and gas compression, drilling, work over, and oil and gas exploration and production businesses.

  • Market Cap 139 Cr.
  • Current Price 43.3
  • High / Low 66.4 / 30.5
  • Stock P/E 322
  • Book Value 128
  • Dividend Yield 0.00 %
  • ROCE 0.27 %
  • ROE 0.11 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Stock is trading at 0.34 times its book value

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • The company has delivered a poor sales growth of -57.38% over past five years.
  • Company has a low return on equity of 0.07% for last 3 years.
  • Company's cost of borrowing seems high

Peer comparison

Sector: Gas Distribution Industry: Miscellaneous

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021
86.75 71.19 73.70 -0.00 -0.00 0.13 0.27 0.33 0.40 0.46 0.44 1.09
44.29 37.17 33.04 0.01 0.02 0.06 0.04 0.05 0.10 0.08 0.08 0.75
Operating Profit 42.46 34.02 40.66 -0.01 -0.02 0.07 0.23 0.28 0.30 0.38 0.36 0.34
OPM % 48.95% 47.79% 55.17% 53.85% 85.19% 84.85% 75.00% 82.61% 81.82% 31.19%
Other Income 0.99 0.39 0.73 0.08 -0.00 -0.00 -0.00 0.01 -0.00 0.01 -0.00 -0.00
Interest 3.95 2.04 3.15 -0.00 0.11 -0.00 0.03 0.07 0.07 0.07 0.06 0.13
Depreciation 8.87 8.85 8.76 0.02 0.02 0.04 0.06 0.05 0.08 0.08 0.08 0.08
Profit before tax 30.63 23.52 29.48 0.05 -0.15 0.03 0.14 0.17 0.15 0.24 0.22 0.13
Tax % 31.80% 28.61% 27.17% -0.00% 6.67% -33.33% 28.57% -258.82% 13.33% 16.67% 27.27% 38.46%
Net Profit 20.88 16.79 21.50 0.05 -0.11 0.05 0.05 0.55 0.09 0.15 0.12 0.06
EPS in Rs 6.52 5.25 6.72 0.02 -0.03 0.02 0.02 0.17 0.03 0.05 0.04 0.02

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
55.34 49.37 60.46 65.27 90.78 101.26 169.15 277.38 312.68 -0.00 0.73 2.38
24.46 23.68 31.76 29.31 38.51 46.31 71.59 121.60 149.63 0.01 0.17 1.01
Operating Profit 30.88 25.69 28.70 35.96 52.27 54.95 97.56 155.78 163.05 -0.01 0.56 1.37
OPM % 55.80% 52.04% 47.47% 55.09% 57.58% 54.27% 57.68% 56.16% 52.15% 76.71% 57.56%
Other Income 0.77 1.82 0.88 1.82 1.22 1.33 -0.46 9.29 6.00 0.33 0.01 0.02
Interest 4.65 3.75 4.52 6.44 8.71 10.77 15.03 22.28 11.58 0.01 0.23 0.33
Depreciation 5.83 6.23 7.06 10.07 12.05 12.15 20.42 33.52 38.78 0.07 0.17 0.31
Profit before tax 21.17 17.53 18.00 21.27 32.73 33.36 61.65 109.27 118.69 0.24 0.17 0.75
Tax % 32.17% 32.40% 33.50% 42.83% 38.92% 36.36% 33.56% 31.18% 34.75% 29.17% -182.35% 20.00%
Net Profit 14.36 11.85 11.97 12.16 19.99 21.23 40.95 70.45 77.41 0.17 0.46 0.43
EPS in Rs 6.74 5.04 4.81 4.62 7.60 7.27 14.02 22.02 24.19 0.05 0.14 0.13
Dividend Payout % 7.40% -0.00% 10.39% 12.95% 13.13% 13.75% 10.70% 8.18% 6.20% 2,823.53% -0.00% -0.00%
Compounded Sales Growth
10 Years:-26%
5 Years:-57%
3 Years:-80%
TTM:226%
Compounded Profit Growth
10 Years:-28%
5 Years:-60%
3 Years:-82%
TTM:-7%
Stock Price CAGR
10 Years:1%
5 Years:-19%
3 Years:-14%
1 Year:-21%
Return on Equity
10 Years:9%
5 Years:8%
3 Years:0%
Last Year:0%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
21.25 23.50 24.88 26.25 26.25 29.20 29.20 32.00 32.00 32.00 32.00 32.00
Reserves 80.92 102.27 123.97 145.71 158.23 190.32 228.45 354.32 424.88 361.96 364.03 379.04
Borrowings 44.92 39.72 101.40 87.49 111.77 114.12 264.56 273.97 243.98 34.91 3.34 1.72
31.32 30.31 62.39 40.82 62.31 50.37 112.35 90.19 141.33 27.98 87.94 77.66
Total Liabilities 178.41 195.80 312.64 300.27 358.56 384.01 634.56 750.48 842.19 456.85 487.31 490.42
102.15 107.07 140.55 197.36 237.81 270.87 373.34 518.63 509.34 320.13 323.39 323.46
CWIP 23.79 35.41 96.08 49.84 51.47 50.01 125.10 73.08 47.24 68.24 107.02 126.31
Investments 11.91 4.71 4.90 3.84 4.29 1.20 4.08 28.21 95.70 0.01 -0.00 -0.00
40.56 48.61 71.11 49.23 64.99 61.93 132.04 130.56 189.91 68.47 56.90 40.65
Total Assets 178.41 195.80 312.64 300.27 358.56 384.01 634.56 750.48 842.19 456.85 487.31 490.42

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
29.30 15.25 28.46 31.92 39.05 42.71 75.02 109.69 142.77 -18.25 40.60 -5.84
-18.54 -14.91 -98.37 -15.72 -57.66 -32.21 -203.51 -143.92 -73.72 10.13 -42.19 -19.66
-8.60 0.87 68.78 -13.88 23.18 -10.69 134.61 46.23 -46.58 34.90 -22.88 22.27
Net Cash Flow 2.16 1.21 -1.13 2.32 4.57 -0.19 6.13 12.00 22.47 26.78 -24.47 -3.23

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
ROCE % 18.09% 13.20% 10.76% 10.58% 14.75% 13.91% 18.23% 22.17% 19.29% -0.01% 0.10% 0.27%
Debtor Days 87.72 110.90 132.94 76.11 67.11 93.83 119.93 87.47 99.01 -0.00 64.41
Inventory Turnover 0.04 1.01 0.10 0.09 0.03 0.18 0.14 0.25 -0.49 -0.00 -0.00 0.05

Shareholding Pattern

Numbers in percentages

Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021
63.49 63.49 63.49 63.49 63.99 63.99 63.99 63.99 63.99 63.99 63.99 63.99
3.55 4.30 5.26 5.30 5.91 5.95 5.94 5.85 5.85 5.85 5.85 5.85
0.16 0.20 0.49 0.94 0.23 0.09 0.05 0.01 0.01 0.01 0.01 0.01
32.80 32.01 30.76 30.27 29.87 29.97 30.02 30.15 30.15 30.15 30.15 30.15

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