Deep Industries Limited
NSE: DEEPINDS · Oil Equipment & Services · sector
Key numbers
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 5 companies in Oil Equipment & Services (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹194 cr vs borrowings ₹203 cr (FY26): borrowings are higher by ₹9 cr.
- Operating profit covered interest 10.7x in the last 12 months.
- Operating cash flow was below net profit in 1 of the last 5 years (FY23).
- Net loss in 2 of the last 8 quarters.
- Revenue was higher than a year earlier in 4 of the last 4 quarters.
- Other income was 39% of net profit in the last 12 months.
- Debtor days went from 237 (FY24) to 197 (FY26).
- Dividend paid in 5 of the last 5 financial years.
- Price ₹669.25 on 2026-10-26: -18.9% from the 52-week high, +102.8% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 131 | 155 | 167 | 200 | 221 | 222 | 249 | 279 |
| EBITDA | 57 | 67 | -194 | 82 | 92 | 100 | -126 | 108 |
| OPM % | 44.0% | 43.1% | -116.2% | 40.9% | 41.4% | 45.2% | -50.8% | 38.8% |
| Other income | 7 | 9 | 6 | 13 | 21 | 10 | 25 | 24 |
| Net profit | 38 | 44 | -209 | 62 | 67 | 68 | -14 | 85 |
| EPS (₹) | 6.00 | 6.81 | -32.68 | 9.19 | 10.53 | 10.63 | -2.24 | 13.34 |
| Revenue YoY | +69.2% | +43.1% | +48.7% | +39.8% | ||||
| Profit YoY | +75.5% | +56.1% | – | +38.3% |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 322 | 341 | 427 | 576 | 891 | 970 |
| EBITDA | 115 | 175 | 161 | -20 | 147 | 174 |
| Net profit | 72 | 125 | 124 | -90 | 180 | 206 |
| EPS (₹) | 22.62 | 19.58 | 19.56 | -14.08 | 28.12 | 32.26 |
| Revenue growth | +6.1% | +25.1% | +34.9% | +54.6% | +48.8% | |
| Profit growth | +73.6% | -0.7% | -172.4% | – | – | |
| Dividend / share (₹) | 1.40 | 1.85 | 1.85 | 2.44 | 3.05 |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | +37.7% | +35.7% | +48.8% |
| Net profit | +12.8% | +22.7% | – |
| EPS | +12.8% | +6.8% | – |
| Share price | – | +23.7% (2y) | +46.1% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 1,379 | 1,443 | 1,820 | 1,999 |
| Borrowings | – | 70 | 159 | 205 | 203 |
| Cash & equivalents | – | 90 | 196 | 202 | 194 |
| Total assets | – | 1,587 | 1,911 | 2,393 | 2,595 |
| Fixed assets | – | 622 | 593 | 696 | 1,087 |
| Capital work in progress | – | 20 | 220 | 258 | 56 |
| Investments | – | 1 | 1 | 1 | 1 |
| Receivables | – | 252 | 277 | 589 | 480 |
| Inventory | – | 46 | 49 | 60 | 94 |
| Payables | – | 55 | 41 | 72 | 93 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | 75 | 88 | 180 | 210 | 270 |
| Cash from investing | -65 | -108 | -281 | -248 | -233 |
| Cash from financing | -18 | 29 | 107 | 28 | -39 |
| Capex | 30 | 113 | 216 | 210 | 236 |
| Free cash flow | 45 | -25 | -36 | -0 | 34 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | 9.1% | 8.6% | -5.0% | 9.0% |
| ROCE % | – | 10.8% | 10.1% | -1.4% | 7.1% |
| Debtor days | – | 270 | 237 | 373 | 197 |
| Inventory days | – | 115 | 100 | 92 | 86 |
| Payable days | – | 140 | 83 | 110 | 85 |
| Cash conversion cycle (days) | – | 245 | 254 | 355 | 198 |
| Working capital days | – | 431 | 386 | 384 | 216 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 63.49% |
| FIIs | 2.48% |
| DIIs | 2.05% |
| Public (non-institutions) | 31.98% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 63.49% | 63.49% | 63.49% | 63.49% | 63.49% | 63.49% | 63.49% | 63.49% |
| Promoter group | % |
|---|---|
| Rupesh Savla Family Trust | 31.49% |
| Shantilal Savla Family Trust | 12.70% |
| Dharen Shantilal Savla | 6.43% |
| Priti Paras Savla | 6.43% |
| Mita Manoj Savla | 4.16% |
| Shail M Savla | 2.27% |
| Rupesh Kantilal Savla | 0.00% |
| Avani Dharen Savla | 0.00% |
| Manoj Shantilal Savla | 0.00% |
| Parasbhai Shantilal Savla | 0.00% |
| Prabhaben Shantilal Savla | 0.00% |
| Shantilal Murjibhai Savla | 0.00% |
| Sheetal Rupesh Savla | 0.00% |
| Aarav Rupesh Savla | 0.00% |
| Public holders above 1% | % |
|---|---|
| Monit Exim Llp | 3.32% |
| Mavira Growth Opportunities Fund | 1.19% |
40,706 shareholders. Pledged: – of promoter shares.
Peers in Oil Equipment & Services
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| DEEPINDS | ₹4,283 cr | 20.8x | 2.1x | 10.8% | 8.7% | 17.9% | +37.7% | 0.46% |
| ASIANENE | ₹1,942 cr | 31.4x | 3.9x | 12.9% | 13.5% | 10.2% | +93.0% | 0.23% |
| OILCOUNTUB | ₹398 cr | – | 2.0x | -30.3% | -31.6% | -4.9% | +534.1% | – |
| DHPIND | ₹146 cr | 13.1x | 0.6x | 4.7% | 6.6% | 24.3% | -12.8% | 0.82% |
| DUKEOFS | ₹109 cr | 46.0x | 26.1x | -13.0% | -13.5% | – | – | – |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2026-08-21 | Dividend | Dividend - Rs 2.50 Per Share |
| 2025-08-22 | Dividend | Dividend - Rs 3.05 Per Share |
| 2024-07-09 | Dividend | Dividend - Rs 2.44 Per Share |
| 2024-07-09 | Other | Annual General Meeting |
| 2023-09-18 | Dividend | Dividend - Rs 1.85 Per Sh |
| 2023-09-18 | Other | Annual General Meeting |
| 2023-04-10 | Split | Face Value Split (Sub-Division) - From Rs 10/- Per Share To Rs 5/- Per Share |
| 2022-09-19 | Other | Annual General Meeting |
| 2022-09-08 | Dividend | Dividend - Rs 1.85 Per Share |
| 2021-11-10 | Dividend | Interim Dividend - Rs 1.40 Per Share |
| 2021-09-08 | Other | Annual General Meeting |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Annual report FY22
- Announcements NSE filings
- BRSR FY26
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
- Oil and Gas Field Services: Natural Gas Compression/Processing Services
- Oil and Gas Field Services: Workover and Drilling Rig Services
| Sector | Energy |
| Industry | Oil Equipment & Services |
| Sub-industry | Oil Equipment & Services |
| Symbol | DEEPINDS |
| BSE code | 543288 |
| ISIN | INE0FHS01024 |
| Face value | ₹5.0 |
| Incorporated | 2006-11-15 |
| Website | www.deepindustries.com |
| Plants (India / abroad) | 45 / 0 |
From the company's filings (BRSR FY26).
Data built 2026-10-22 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.