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 ₹ 3,101 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.
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
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 |
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| Order Book INR Crore |
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| Asset Deployment Rate - Gas Compression Percentage |
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| Asset Deployment Rate - Rigs Percentage |
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| Operational Uptime Percentage |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
21 May - Transcript of earning call held to discuss annual financial result for quarter and financial year ended on 31st march, 2026.
- Announcement under Regulation 30 (LODR)-Newspaper Publication 18 May
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
15 May - Audio recording of earnings call for quarter and year ended 31 March 2026 shared.
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Revised Results For The Quarter And Year Ended March 31, 2026
14 May - Deep Industries issued revised audited standalone and consolidated FY26 results after correcting a typographical error in note 6.
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Announcement under Regulation 30 (LODR)-Investor Presentation
14 May - Investor Presentation for the quarter and year ended March 31, 2026
Annual reports
Concalls
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May 2026Transcript PPT REC
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Feb 2026Transcript PPT REC
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Nov 2025Transcript PPT REC
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Aug 2025TranscriptPPT
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Aug 2025Transcript PPT
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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 2023TranscriptAI SummaryPPT
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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 2022TranscriptAI SummaryPPT
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Aug 2022TranscriptAI SummaryPPT
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May 2022Transcript PPT
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Feb 2022TranscriptAI SummaryPPT
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Nov 2021TranscriptAI SummaryPPT
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Aug 2021TranscriptAI SummaryPPT
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Aug 0225TranscriptPPTREC
Market Position
The company covers 70%+ of Post Exploration Services in the Oil & Gas Services Industry. [1]