Deep Industries Ltd
Incorporated in 1991, Deep Industries Ltd is in the business of Oil and Gas field services. The company specializes in providing Air & Gas Compression Services, Drilling and Workover Services, Gas Dehydration Services, etc.. The company also provides integrated project management services.[1]
- Market Cap ₹ 3,073 Cr.
- Current Price ₹ 480
- High / Low ₹ 624 / 381
- Stock P/E 18.4
- Book Value ₹ 226
- Dividend Yield 0.64 %
- ROCE 12.4 %
- ROE 9.67 %
- Face Value ₹ 5.00
Pros
- Company is expected to give good quarter
- Company has delivered good profit growth of 42.8% CAGR over last 5 years
- Company's working capital requirements have reduced from 168 days to 83.7 days
Cons
- Company has a low return on equity of 8.36% over last 3 years.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Energy Oil, Gas & Consumable Fuels Oil Oil Equipment & Services
Part of BSE SmallCap BSE Allcap BSE Energy
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|
| 300 | 259 | 251 | 178 | 272 | 301 | 382 | 477 | 608 | |
| 138 | 117 | 135 | 100 | 166 | 185 | 232 | 287 | 377 | |
| Operating Profit | 162 | 142 | 117 | 78 | 106 | 116 | 150 | 191 | 231 |
| OPM % | 54% | 55% | 46% | 44% | 39% | 39% | 39% | 40% | 38% |
| 3 | -5 | -2 | 6 | 9 | 20 | 26 | 38 | 51 | |
| Interest | 12 | 12 | 11 | 9 | 4 | 4 | 7 | 15 | 16 |
| Depreciation | 103 | 98 | 90 | 87 | 23 | 27 | 32 | 40 | 42 |
| Profit before tax | 51 | 27 | 14 | -12 | 87 | 105 | 137 | 174 | 224 |
| Tax % | 99% | 113% | -20% | -638% | 21% | 25% | 24% | 25% | |
| 1 | -4 | 17 | 63 | 69 | 78 | 104 | 130 | 167 | |
| EPS in Rs | 68.00 | -360.00 | 1,737.00 | 9.87 | 10.83 | 12.24 | 16.29 | 20.37 | 26.12 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 15% | 15% | 15% | 15% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 14% |
| 3 Years: | 21% |
| TTM: | 44% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 43% |
| 3 Years: | 26% |
| TTM: | 43% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 52% |
| 1 Year: | 0% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 8% |
| 3 Years: | 8% |
| Last Year: | 10% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.00 | 960 | 0.00 | 32 | 32 | 32 | 32 | 32 | 32 |
| Reserves | 1 | 920 | 3 | 995 | 1,059 | 1,132 | 1,224 | 1,339 | 1,417 |
| 231 | 102 | 83 | 41 | 26 | 63 | 140 | 201 | 205 | |
| 1,078 | -783 | 1,114 | 64 | 95 | 130 | 220 | 248 | 282 | |
| Total Liabilities | 1,310 | 1,199 | 1,200 | 1,132 | 1,212 | 1,358 | 1,617 | 1,820 | 1,936 |
| 1,085 | 980 | 927 | 846 | 842 | 929 | 960 | 1,057 | 1,123 | |
| CWIP | 1 | 4 | 3 | 1 | 4 | 19 | 86 | 40 | 22 |
| Investments | 64 | 11 | 9 | 30 | 75 | 44 | 91 | 78 | 58 |
| 159 | 204 | 261 | 255 | 291 | 366 | 480 | 644 | 732 | |
| Total Assets | 1,310 | 1,199 | 1,200 | 1,132 | 1,212 | 1,358 | 1,617 | 1,820 | 1,936 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|
| 116 | 35 | 76 | 70 | 78 | 233 | 178 | ||
| -1,267 | -43 | -11 | -53 | -100 | -276 | -227 | ||
| 1,180 | 4 | -54 | -24 | 24 | 58 | 30 | ||
| Net Cash Flow | 28 | -4 | 12 | -7 | 2 | 15 | -18 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|
| Debtor Days | 103 | 165 | 204 | 220 | 171 | 121 | 126 | 123 |
| Inventory Days | 64 | |||||||
| Days Payable | 145 | |||||||
| Cash Conversion Cycle | 103 | 84 | 204 | 220 | 171 | 121 | 126 | 123 |
| Working Capital Days | -1 | 103 | 216 | 225 | 198 | 249 | 171 | 84 |
| ROCE % | 3% | 3% | -1% | 8% | 9% | 11% | 12% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
10 Nov - Audio recording of Q2/H1 (ended 30 Sep 2025) earnings call available on company website, dated 10 Nov 2025.
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
10 Nov - Audio Recording of earnings call pertaining to Un-audited Financial Results (Standalone & Consolidated) for the quarter and half year ended on 30th September, 2025
- Announcement under Regulation 30 (LODR)-Investor Presentation 8 Nov
- Announcement under Regulation 30 (LODR)-Newspaper Publication 8 Nov
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
7 Nov - Q2 FY26 PAT ₹71.2 Cr (+71.4%), revenue ₹221 Cr; order book ₹3,050 Cr.
Annual reports
Concalls
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Nov 2025TranscriptNotesPPT REC
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Aug 2025TranscriptPPT
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Nov 2023Transcript PPT
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Nov 2023TranscriptNotesPPT
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Feb 2022TranscriptNotesPPT
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Nov 2021TranscriptNotesPPT
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Aug 2021TranscriptNotesPPT
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Aug 0225TranscriptNotesPPTREC
Market Position
The company covers 70%+ of Post Exploration Services in the Oil & Gas Services Industry. [1]