Deep Industries Ltd

Deep Industries Ltd

₹ 255 2.27%
02 Mar 10:00 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

Business Segments

  • Market Cap 1,632 Cr.
  • Current Price 255
  • High / Low 299 / 125
  • Stock P/E 13.8
  • Book Value 224
  • Dividend Yield 0.73 %
  • ROCE 8.39 %
  • ROE 6.89 %
  • Face Value 5.00

Pros

  • Company is almost debt free.
  • Stock is trading at 1.11 times its book value
  • Company has delivered good profit growth of 112% CAGR over last 5 years

Cons

  • The company has delivered a poor sales growth of 1.77% over past five years.
  • Company has a low return on equity of 7.57% over last 3 years.
  • Earnings include an other income of Rs.75.3 Cr.
  • Company has high debtors of 270 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.

Peer comparison

Sector: Gas Distribution Industry: Miscellaneous

Loading peers table ...

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
43 61 71 91 75 84 73 67 98 103 101 101 105
28 35 41 64 46 55 44 47 58 61 58 63 65
Operating Profit 15 26 30 27 29 29 30 19 40 42 43 39 40
OPM % 36% 42% 43% 29% 39% 34% 40% 29% 41% 41% 42% 38% 38%
0 2 1 1 0 2 2 10 2 50 7 10 9
Interest 2 2 1 2 1 1 1 0 1 3 2 1 3
Depreciation 22 22 6 6 6 6 6 6 8 9 9 9 9
Profit before tax -8 4 24 21 23 23 25 22 33 80 39 38 37
Tax % 1,038% 134% 30% -2% 24% 26% 21% 25% 24% 10% 20% 22% 25%
76 -1 17 21 17 17 20 17 25 72 31 30 28
EPS in Rs 11.82 -0.22 2.61 3.31 2.66 2.66 3.04 2.59 3.85 11.29 4.88 4.59 4.25
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
313 318 262 194 322 341 411
149 165 136 113 205 211 247
Operating Profit 164 153 126 81 116 131 164
OPM % 52% 48% 48% 42% 36% 38% 40%
3 2 3 6 3 56 75
Interest 12 12 11 9 5 5 8
Depreciation 103 98 90 88 24 30 36
Profit before tax 52 44 28 -10 91 152 194
Tax % 96% 69% -10% 744% 20% 17%
2 14 31 65 72 125 161
EPS in Rs 199.00 1,358.00 3,110.00 10.12 11.27 19.58 25.01
Dividend Payout % 0% 0% 0% 0% 14% 9%
Compounded Sales Growth
10 Years: %
5 Years: 2%
3 Years: 9%
TTM: 28%
Compounded Profit Growth
10 Years: %
5 Years: 112%
3 Years: 40%
TTM: 53%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: 84%
Return on Equity
10 Years: %
5 Years: 9%
3 Years: 8%
Last Year: 7%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 0 0 0 32 32 32 32
Reserves 2 10 37 1,030 1,098 1,338 1,401
231 102 83 41 32 70 91
1,086 1,106 1,115 70 99 147 249
Total Liabilities 1,319 1,218 1,236 1,173 1,260 1,587 1,773
1,085 980 948 868 868 1,007 950
CWIP 1 4 3 1 5 20 66
Investments 64 10 9 29 73 48 84
169 223 276 276 314 512 673
Total Assets 1,319 1,218 1,236 1,173 1,260 1,587 1,773

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
200 92 47 81 55 88
-124 32 -59 -11 -76 -108
-58 -147 4 -54 14 29
Net Cash Flow 19 -23 -8 16 -7 8

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 99 146 217 240 154 270
Inventory Days 776
Days Payable 942
Cash Conversion Cycle 99 146 217 240 154 104
Working Capital Days 10 127 233 288 204 369
ROCE % 33% 34% -1% 8% 8%

Shareholding Pattern

Numbers in percentages

2 Recently
Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
63.99% 63.99% 63.99% 63.99% 63.99% 63.99% 63.49% 63.49% 63.49% 63.49% 63.49% 63.49%
0.00% 5.85% 5.91% 5.99% 3.71% 2.00% 1.93% 1.58% 1.45% 1.19% 2.18% 2.03%
5.86% 0.01% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.00% 0.00% 0.00%
30.13% 30.13% 30.08% 30.00% 32.27% 33.99% 34.55% 34.90% 35.04% 35.32% 34.34% 34.47%
No. of Shareholders 17,72317,90717,60517,30217,42419,04319,66619,57419,38721,64425,94026,355

* 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.

Click on the line-items to see the names of individual entities.

Documents