Deep Industries Ltd

Deep Industries Ltd

₹ 485 1.66%
01 Jun 9:22 a.m.
About

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]

Key Points

Market Position
The company covers 70%+ of Post Exploration Services in the Oil & Gas Services Industry. [1]

  • Market Cap 3,101 Cr.
  • Current Price 485
  • High / Low 578 / 327
  • Stock P/E 8.38
  • Book Value 312
  • Dividend Yield 0.62 %
  • ROCE 16.5 %
  • ROE 19.4 %
  • Face Value 5.00

Pros

  • Company is expected to give good quarter
  • Company has delivered good profit growth of 43.0% CAGR over last 5 years

Cons

  • Tax rate seems low
  • Company has high debtors of 197 days.

* 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.

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
103.46 101.32 101.32 104.69 119.66 123.46 130.62 154.83 167.23 199.50 221.01 221.50 248.71
61.49 58.33 62.76 64.68 81.83 72.87 73.14 88.10 110.57 117.90 129.41 121.33 166.81
Operating Profit 41.97 42.99 38.56 40.01 37.83 50.59 57.48 66.73 56.66 81.60 91.60 100.17 81.90
OPM % 40.57% 42.43% 38.06% 38.22% 31.61% 40.98% 44.01% 43.10% 33.88% 40.90% 41.45% 45.22% 32.93%
49.85 6.62 9.66 9.14 11.79 10.85 7.12 8.53 -245.22 13.43 21.26 9.91 -183.34
Interest 2.85 1.63 0.98 2.92 2.92 2.52 3.07 3.22 3.04 4.13 6.51 4.32 2.67
Depreciation 8.95 9.03 9.31 8.98 7.06 9.82 10.24 10.45 10.66 13.04 14.90 15.65 15.64
Profit before tax 80.02 38.95 37.93 37.25 39.64 49.10 51.29 61.59 -202.26 77.86 91.45 90.11 -119.75
Tax % 9.70% 20.39% 22.20% 24.97% 7.49% 21.10% 19.01% 22.70% 2.18% 20.74% 22.12% 20.82% -93.97%
72.26 31.01 29.52 27.94 36.68 38.75 41.55 47.62 -206.66 61.70 71.22 71.35 -7.22
EPS in Rs 11.29 4.88 4.59 4.25 5.64 5.79 6.00 6.81 -32.68 9.19 10.53 10.63 -2.24
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
313 318 262 194 322 341 427 576 891
149 165 136 113 205 210 260 335 535
Operating Profit 164 153 126 81 116 132 167 241 355
OPM % 52% 48% 48% 42% 36% 39% 39% 42% 40%
3 2 3 6 3 55 30 -228 -139
Interest 12 12 11 9 5 5 8 12 18
Depreciation 103 98 90 88 24 30 34 41 59
Profit before tax 52 44 28 -10 91 152 154 -40 140
Tax % 96% 69% -10% -744% 20% 17% 19% 96% -41%
2 14 31 65 72 125 125 -79 197
EPS in Rs 199.00 1,358.00 3,110.00 10.12 11.27 19.28 19.35 -14.08 28.12
Dividend Payout % 0% 0% 0% 0% 14% 10% 13% -22% 0%
Compounded Sales Growth
10 Years: %
5 Years: 36%
3 Years: 38%
TTM: 55%
Compounded Profit Growth
10 Years: %
5 Years: 43%
3 Years: 63%
TTM: 75%
Stock Price CAGR
10 Years: %
5 Years: 73%
3 Years: 39%
1 Year: 11%
Return on Equity
10 Years: %
5 Years: 12%
3 Years: 14%
Last Year: 19%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Equity Capital 0.00 0.00 0.00 32 32 32 32 32 32
Reserves 2 10 37 1,030 1,098 1,338 1,411 1,788 1,967
231 102 83 41 32 70 160 205 203
1,086 1,106 1,115 70 99 147 303 361 393
Total Liabilities 1,319 1,218 1,236 1,173 1,260 1,587 1,906 2,386 2,595
1,085 980 948 868 868 1,007 979 1,081 1,472
CWIP 1 4 3 1 5 20 220 258 56
Investments 64 10 9 29 73 48 142 152 142
169 223 276 276 314 512 566 895 925
Total Assets 1,319 1,218 1,236 1,173 1,260 1,587 1,906 2,386 2,595

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
200 92 47 81 55 82 255 210 270
-124 32 -59 -11 -76 -102 -317 -248 -233
-58 -147 4 -54 14 29 69 28 -39
Net Cash Flow 19 -23 -8 16 -7 8 7 -10 -2
Free Cash Flow 201 102 -10 76 26 -25 44 1 53
CFO/OP 132% 66% 44% 105% 52% 58% 165% 85% 81%

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Debtor Days 99 146 217 240 154 270 237 373 197
Inventory Days 776 86
Days Payable 942 85
Cash Conversion Cycle 99 146 217 240 154 104 237 373 198
Working Capital Days -6 100 226 227 180 334 219 256 195
ROCE % 33% 34% -1% 8% 8% 10% 12% 16%

Insights

In beta
Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Jun 2025
Number of Workover Rigs
Units

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Number of Drilling Rigs
Units
Order Book
INR Crore
Asset Deployment Rate - Gas Compression
Percentage
Asset Deployment Rate - Rigs
Percentage
Operational Uptime
Percentage

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

4 Recently
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
63.49% 63.49% 63.49% 63.49% 63.49% 63.49% 63.49% 63.49% 63.49% 63.49% 63.49% 63.49%
1.19% 2.18% 2.03% 1.82% 2.11% 2.08% 1.99% 2.17% 1.50% 2.08% 1.71% 1.81%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 1.03% 1.17% 1.15% 1.15% 1.10% 1.13%
35.32% 34.34% 34.47% 34.67% 34.40% 34.43% 33.48% 33.17% 33.85% 33.26% 33.71% 33.57%
No. of Shareholders 21,64425,94026,35529,24128,92231,98135,84938,45939,01937,60637,20137,304

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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