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 ₹ 2,797 Cr.
- Current Price ₹ 437
- High / Low ₹ 624 / 243
- Stock P/E 21.5
- Book Value ₹ 214
- Dividend Yield 0.56 %
- ROCE 12.7 %
- ROE 9.92 %
- Face Value ₹ 5.00
Pros
- Company has delivered good profit growth of 43.5% CAGR over last 5 years
Cons
- Company has a low return on equity of 8.45% 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
Sector: Crude Oil & Natural Gas Industry: Oil Drilling / Allied 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 | |
---|---|---|---|---|---|---|---|---|
300 | 259 | 251 | 178 | 272 | 301 | 382 | 477 | |
138 | 118 | 135 | 100 | 166 | 185 | 232 | 287 | |
Operating Profit | 162 | 141 | 117 | 78 | 106 | 116 | 150 | 191 |
OPM % | 54% | 55% | 46% | 44% | 39% | 39% | 39% | 40% |
3 | -4 | -2 | 6 | 9 | 20 | 26 | 38 | |
Interest | 12 | 12 | 11 | 9 | 4 | 4 | 7 | 15 |
Depreciation | 103 | 98 | 90 | 87 | 23 | 27 | 32 | 40 |
Profit before tax | 51 | 27 | 14 | -12 | 87 | 105 | 137 | 174 |
Tax % | 99% | 113% | -20% | -638% | 21% | 25% | 24% | 25% |
1 | -4 | 17 | 63 | 69 | 78 | 104 | 130 | |
EPS in Rs | 68.00 | -360.00 | 1,737.00 | 9.87 | 10.83 | 12.24 | 16.29 | 20.37 |
Dividend Payout % | 0% | 0% | 0% | 0% | 15% | 15% | 15% | 15% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 14% |
3 Years: | 21% |
TTM: | 25% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 44% |
3 Years: | 27% |
TTM: | 28% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 54% |
1 Year: | 48% |
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 | |
---|---|---|---|---|---|---|---|---|
Equity Capital | 0.00 | 32 | 0.00 | 32 | 32 | 32 | 32 | 32 |
Reserves | 1 | 920 | 3 | 995 | 1,059 | 1,132 | 1,224 | 1,339 |
231 | 102 | 83 | 41 | 26 | 63 | 140 | 201 | |
1,078 | 145 | 1,114 | 64 | 95 | 130 | 220 | 248 | |
Total Liabilities | 1,310 | 1,199 | 1,200 | 1,132 | 1,212 | 1,358 | 1,617 | 1,820 |
1,085 | 980 | 927 | 846 | 842 | 929 | 960 | 1,057 | |
CWIP | 1 | 4 | 3 | 1 | 4 | 19 | 86 | 40 |
Investments | 64 | 11 | 9 | 30 | 75 | 44 | 91 | 78 |
159 | 204 | 261 | 255 | 291 | 366 | 480 | 644 | |
Total Assets | 1,310 | 1,199 | 1,200 | 1,132 | 1,212 | 1,358 | 1,617 | 1,820 |
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 | 113 | 178 | ||
-1,267 | -43 | -11 | -53 | -100 | -156 | -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 | 91 | ||||||
Days Payable | 145 | 95 | ||||||
Cash Conversion Cycle | 103 | 84 | 204 | 220 | 171 | 121 | 126 | 119 |
Working Capital Days | 16 | 136 | 224 | 291 | 221 | 264 | 229 | 213 |
ROCE % | 6% | 5% | -1% | 8% | 9% | 11% | 13% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Joint Venture
13 May - Subsidiary Breitling Drilling forms JV with Simplex Infrastructures; 74% equity held by subsidiary.
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 10 May
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
8 May - Q4 FY25 earnings: 35% revenue growth, INR251cr one-time loss, acquisitions for margin improvement, INR2960cr order book.
- Announcement under Regulation 30 (LODR)-Newspaper Publication 3 May
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
2 May - Audio recording of Q4 and FY 2025 earnings call made available on company website.
Annual reports
Concalls
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May 2025Transcript PPT REC
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Feb 2025Transcript PPT REC
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Nov 2024Transcript PPT REC
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Aug 2024Transcript PPT
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May 2024Transcript PPT
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Feb 2024Transcript PPT
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Nov 2023Transcript PPT
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Nov 2023TranscriptNotesPPT
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Aug 2023Transcript PPT
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Jun 2023Transcript PPT
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Feb 2023Transcript PPT
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Nov 2022Transcript PPT
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Aug 2022Transcript PPT
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Aug 2022TranscriptNotesPPT
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Aug 2022TranscriptNotesPPT
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May 2022Transcript PPT
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Feb 2022TranscriptNotesPPT
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Nov 2021TranscriptNotesPPT
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Aug 2021TranscriptNotesPPT
Market Position
The company covers 70%+ of Post Exploration Services in the Oil & Gas Services Industry. [1]