DEEPINDS
Deep Industries Limited
NSELast Traded Price
₹672
4.65 (0.7%)
Open
₹666
High
₹685.25
Low
₹666
Prev Close
₹667.35
Industry
Oil Equipment & Services
Market Cap
4300.80 Cr
Filing History
Recent corporate announcements and filings for DEEPINDS
Business Update
Neutral
2026-08-22 11:48
- Investor Meeting Schedule
- Date: Wednesday, August 26, 2026
- Event: Market Marvel event organised by Phillip Capital India Private Limited
- Type: One on One/Group
- Mode: Physical in Ahmedabad
Business Update
Neutral
2026-08-10 16:48
- Investor Conferences Schedule
- Conference 1: EMKAY Confluence 2026 on August 13, 2026 (Physical in Mumbai, One on One/Group)
- Conference 2: Equirus Annual India Conference on August 14, 2026 (Physical in Mumbai, One on One/Group)
- No unpublished price sensitive information will be shared during these meetings.
Business Update
Neutral
2026-08-10 16:48
- Schedule of Analysts/Investors Meetings:
- EMKAY Confluence 2026: Thursday, August 13, 2026 (Physical in Mumbai)
- Equirus Annual India Conference: Friday, August 14, 2026 (Physical in Mumbai)
Governance
Neutral
2026-08-07 13:11
- Intimation of the 20th Annual General Meeting (AGM) to be held on September 01, 2026, at 11:00 a.m. IST via Video Conferencing (VC)/OAVM.
- The Register of Members and Share Transfer Books will be closed from August 26, 2026, to September 01, 2026.
- The cut-off date for determining e-voting entitlement is August 25, 2026.
- E-voting will commence on August 28, 2026, and conclude on August 31, 2026.
Business Update
Neutral
2026-08-04 21:03
- Deep Industries Limited to host a physical one-on-one site visit for an Analyst/Investor on Friday, August 07, 2026.
- No unpublished price sensitive information is intended to be shared during the visit.
Business Update
Positive
2026-08-03 17:14
- Deep Industries reported strong Q1 FY27 financial results: Revenue up 40% YoY to ₹278.92 crores, EBITDA up 38.7% YoY to ₹131.8 crores with a 43.6% margin, and PAT up 44.5% YoY to ₹89.14 crores.
- Management is highly bullish, increasing FY28 PAT guidance to approximately ₹500 crores, up from previous guidance of ₹400 crores for FY28.
- The company holds an outstanding order book of ₹3,047 crores as of June 30, with approximately ₹800 crores expected to be executed in FY27.
- Strategic priorities include expansion in offshore business (Dolphin, with Prabha Barge contract expected to contribute over ₹150 crores annually), Production Enhancement Contracts (PEC) (expected to contribute over ₹150 crores revenue in FY28), and higher capacity drilling rigs.
- The Kandla merger is expected to improve EBITDA margins by 1.5% through in-house manufacturing.
- Capital expenditure of ₹150 crores is planned by March 2027 for production enhancement and ₹250-300 crores in FY27 for new drilling rigs, to be funded by debt and internal accruals, as the company is net debt-free.
- Deep Industries is also exploring new ventures in green hydrogen and geothermal energy.
- An incident at Mori-5 well delayed incremental production by 5-6 months, now expected to contribute by October 2026.
Business Update
Neutral
2026-07-29 15:26
- Audio recording of the earnings call to discuss the financial performance for the quarter ended 30th June, 2026, is now available.
- The earnings call was held on Wednesday, 29th July, 2026.
- The recording can be accessed at https://www.deepindustries.com/call-recording.html
Financials
Positive
2026-07-28 14:21
- Consolidated Operating Revenue ₹278.92 Cr vs ₹199.50 Cr (▲39.81% YoY)
- EBITDA ₹131.83 Cr vs ₹95.02 Cr (▲38.73% YoY)
- PAT ₹89.14 Cr vs ₹61.70 Cr (▲44.48% YoY)
- EBITDA Margin 43.56% vs 44.63% (▼107bps)
Financials
Negative
2026-07-28 13:59
CRITICAL RED FLAG DETECTED
- Standalone Total Income ₹185.61Cr vs ₹186.64Cr (▼0.6% YoY)
- EBITDA ₹74.62Cr vs ₹63.14Cr (▲18.2% YoY)
- PAT ₹55.18Cr vs ₹46.64Cr (▲18.3% YoY)
- EBITDA Margin 40.2% vs 33.8% (▲637bps)
- The company fixed August 21, 2026, as the Record Date for the Final Dividend for FY2025-26.
- Approved Deep Employee Stock Option Scheme 2026 for 15,00,000 equity shares.
- Appointed Mr. Rajeev Kumar Sinha as Chief Operating Officer, effective August 01, 2026.
- Mrs. Shilpa Sharma resigned as Company Secretary and Compliance Officer, effective July 31, 2026.
Financials
Neutral
2026-07-28 13:57
CRITICAL RED FLAG DETECTED
- Board approved Un-audited Financial Results for Q1 FY27 and Final Dividend record date (Aug 21, 2026).
- Deep ESOP Scheme 2026 approved.
- Mr. Rajeev Kumar Sinha appointed COO from Aug 1, 2026.
- Mrs. Shilpa Sharma resigned as CS & KMP, effective July 31, 2026.
Financials
Negative
2026-07-28 13:57
CRITICAL RED FLAG DETECTED
- Standalone Revenue ₹17,177.55 Lakhs vs ₹17,259.68 Lakhs (▼0.48% YoY) for the quarter ended June 30, 2026.
- Standalone EBITDA ₹7,462.43 Lakhs vs ₹6,313.69 Lakhs (▲18.20% YoY).
- Standalone PAT ₹5,517.82 Lakhs vs ₹4,664.45 Lakhs (▲18.30% YoY).
- Standalone EBITDA Margin 43.44% vs 36.58% (▲686bps).
- Board approved the declaration of Final Dividend for FY 2025-26; Record Date fixed as August 21, 2026.
- Approved alteration of Article of Association and Deep Employee Stock Option Scheme 2026, granting 15,00,000 employee stock options.
- Appointed Mr. Rajeev Kumar Sinha as Chief Operating Officer, effective August 01, 2026.
- Mrs. Shilpa Sharma resigned as Company Secretary & Compliance Officer (KMP), effective July 31, 2026.
Financials
Positive
2026-07-28 13:54
CRITICAL RED FLAG DETECTED
- Board approved Un-audited Financial Results (Standalone & Consolidated) for Q1 FY27 (June 30, 2026). *Note: Summary based on Standalone results as Consolidated results table not provided.*
- Standalone Operating Revenue ₹171.78 Cr vs ₹172.60 Cr (▼0.48% YoY)
- Standalone EBITDA ₹88.46 Cr vs ₹77.18 Cr (▲14.61% YoY)
- Standalone PAT ₹55.18 Cr vs ₹46.64 Cr (▲18.29% YoY)
- Standalone EBITDA Margin 51.5% vs 44.7% (▲680bps)
- Board fixed August 21, 2026, as Record Date for the Final Dividend for FY2025-26.
- Approved Deep Employee Stock Option Scheme 2026 to grant 15,00,000 options.
- Appointed Mr. Rajeev Kumar Sinha as Chief Operating Officer (COO) from August 01, 2026.
- Mrs. Shilpa Sharma resigned as Company Secretary and Compliance Officer, effective July 31, 2026.
Financials
Positive
2026-07-28 13:53
CRITICAL RED FLAG DETECTED
- Standalone Revenue ₹171.78 Cr vs ₹172.60 Cr (▼0.48% YoY)
- EBITDA ₹74.62 Cr vs ₹63.14 Cr (▲18.2% YoY)
- PAT ₹55.18 Cr vs ₹46.64 Cr (▲18.3% YoY)
- EBITDA Margin 43.44% vs 36.58% (▲686bps)
- Final Dividend for FY2025-26 declared, record date August 21, 2026.
- Approved Deep Employee Stock Option Scheme 2026 for 15,00,000 options.
- Mr. Rajeev Kumar Sinha appointed as Chief Operating Officer effective August 01, 2026.
- Mrs. Shilpa Sharma resigned as Company Secretary & Compliance Officer, effective July 31, 2026.
Financials
Neutral
2026-07-28 13:53
CRITICAL RED FLAG DETECTED
- Standalone Revenue ₹171.78 Cr vs ₹172.60 Cr (▼0.5% YoY)
- EBITDA ₹74.62 Cr vs ₹63.14 Cr (▲18.2% YoY)
- PAT ₹55.18 Cr vs ₹46.64 Cr (▲18.3% YoY)
- EBITDA Margin 43.44% vs 36.58% (▲686 bps)
- Fixed August 21, 2026, as the Record Date for Final Dividend for FY 2025-26.
- Approved Deep Employee Stock Option Scheme 2026, granting 15,00,000 equity options.
- Appointed Mr. Rajeev Kumar Sinha as Chief Operating Officer (Senior Management Personnel) effective August 01, 2026.
- Mrs. Shilpa Sharma resigned as Company Secretary & Compliance Officer (KMP) effective July 31, 2026.
Governance
Negative
2026-07-28 13:53
CRITICAL RED FLAG DETECTED
- Board approved Q1 FY27 un-audited financial results and fixed August 21, 2026, as Record Date for Final Dividend.
- Approved Deep ESOP Scheme 2026 for 1.5 million employee stock options.
- Appointed Mr. Rajeev Kumar Sinha as Chief Operating Officer (SMP) effective August 01, 2026.
- Mrs. Shilpa Sharma resigned as Company Secretary & Compliance Officer (KMP) effective July 31, 2026.
Governance
Neutral
2026-07-28 13:53
CRITICAL RED FLAG DETECTED
- Board approved Un-audited Standalone Financial Results for the quarter ended June 30, 2026.
- Fixed August 21, 2026, as the Record Date for the Final Dividend for FY 2025-26.
- Approved alteration of Articles of Association and Deep Employee Stock Option Scheme 2026, granting 15 lakh options.
- Appointed Mr. Rajeev Kumar Sinha as Chief Operating Officer, effective August 1, 2026.
- Mrs. Shilpa Sharma resigned as Company Secretary & Compliance Officer (KMP), effective July 31, 2026.
Financials
Positive
2026-07-28 13:53
CRITICAL RED FLAG DETECTED
- Standalone Revenue ₹17,177.55 Lakhs vs ₹17,259.68 Lakhs (▼0.48% YoY)
- EBITDA ₹8,845.57 Lakhs vs ₹7,717.99 Lakhs (▲14.6% YoY)
- PAT ₹5,517.82 Lakhs vs ₹4,664.45 Lakhs (▲18.3% YoY)
- EBITDA Margin 51.50% vs 44.72% (▲678bps)
- Board approved the Record Date for Final Dividend as Friday, August 21, 2026.
- Approved the alteration of the Articles of Association to enable employee stock option/share-based benefit schemes.
- Approved the Deep Employee Stock Option Scheme 2026 for 15,00,000 options.
- Appointed Mr. Rajeev Kumar Sinha as Chief Operating Officer (Senior Management Personnel) effective August 01, 2026.
- Noted the resignation of Mrs. Shilpa Sharma as Company Secretary & Compliance Officer (KMP) effective July 31, 2026.
Financials
Positive
2026-07-28 13:32
CRITICAL RED FLAG DETECTED
- Consolidated Revenue ₹278.92Cr vs ₹199.50Cr (▲39.81% YoY)
- EBITDA ₹108.15Cr vs ₹81.59Cr (▲32.55% YoY)
- PAT ₹85.36Cr vs ₹58.82Cr (▲45.10% YoY)
- EBITDA Margin 38.77% vs 40.89% (▼212bps)
- Board approved unaudited financial results (Standalone & Consolidated) for the quarter ended June 30, 2026.
- Record Date for Final Dividend for FY2025-26 fixed as Friday, August 21, 2026.
- Board approved the Deep Employee Stock Option Scheme 2026 for granting 15 lakh employee stock options.
- Mr. Rajeev Kumar Sinha appointed as Chief Operating Officer (Senior Management Personnel) with effect from August 01, 2026.
- Mrs. Shilpa Sharma resigned as Company Secretary & Compliance Officer (KMP) with effect from July 31, 2026.
Business Update
Neutral
2026-07-24 10:17
- Concall Schedule
- Concall Date: July 29, 2026
- Concall Time: 11:00 am (IST)
Business Update
Positive
2026-07-07 11:20
- Order Win: Deep Industries Limited won an order from Oil and Natural Gas Corporation Limited.
- Order Value: Approximately ₹49.10 crores.
- Completion Timeline: 5 years.
- Details: For charter hiring services for Natural Gas Compression at GGS Paliyad of Ahmedabad asset.
Business Update
Positive
2026-06-20 13:17
- Order Win: Deep Industries Limited won order from Oil and Natural Gas Corporation Limited (ONGC)
- Order Value: ₹83.81 crores
- Completition Timeline: Three years
Routine
Neutral
2026-06-18 12:39
- Trading window closed for Designated Persons and their immediate relatives of Deep Industries Limited.
- Effective from July 01, 2026, until 48 hours after the declaration of Un-audited Financial Results for the quarter ending June 30, 2026.
- The date of the Board Meeting for considering the results will be intimated in due course.
Business Update
Neutral
2026-06-18 12:37
- Concall Schedule
- Concall Date: Tuesday, June 23, 2026
- Meeting Type: One-on-One Meetings
- Mode/Location: Physical in Mumbai
Business Update
Positive
2026-05-21 16:12
CRITICAL RED FLAG DETECTED
Deep Industries Limited held its Q4 & FY26 Earnings Conference Call, reporting strong FY26 performance with operational revenue up 55% YoY to INR 891 crores and EBITDA up 44% YoY to INR 424.82 crores. Management guided for robust revenue growth of 25-30% year-on-year for FY27 and FY28, expecting to maintain EBITDA margins at 44-45%. The company plans a Capex of approximately INR 150 crores for Production Enhancement Contracts (PEC) and potentially up to INR 300 crores with new offshore orders. Strategic priorities include PEC, higher capacity drilling rigs, and expanding into the offshore segment. The order book consistently exceeds INR 3,000 crores, with over INR 800 crores anticipated for execution in FY27. The company addressed a gas leak incident at Mori-5 well in January 2026, which caused a 5-6 month delay in production enhancement and a stop production order for that specific well, though it was contained without injuries and other operations remain intact. A non-cash write-off of INR 208 crores of legacy trade receivables was undertaken to clean up the balance sheet, without impacting FY26 core cash profitability. Deep Industries has decided not to proceed with its QIP due to strong internal cash flows.
Business Update
Neutral
2026-05-15 15:04
Deep Industries Limited has made available the audio recording of its earnings call, held on Friday, May 15, 2026. The call discussed the financial performance for the quarter and year ended March 31, 2026. The recording can be accessed via the provided link.
Financials
Positive
2026-05-14 19:24
Consolidated Operating Revenue for Q4 FY26 was ₹248.71 Cr compared to ₹167.23 Cr in Q4 FY25 (▲49% YoY). EBITDA for Q4 FY26 was ₹106.85 Cr compared to ₹62.49 Cr in Q4 FY25 (▲71% YoY). PBT for Q4 FY26 was ₹88.53 Cr compared to ₹48.79 Cr in Q4 FY25 (▲81% YoY). EBITDA Margin for Q4 FY26 was 39% compared to 36% in Q4 FY25 (▲294bps). The Board also recommended a final dividend of Rs. 2.50 per equity share for FY26.
Financials
Positive
2026-05-14 19:05
Consolidated Revenue ₹47.65 Cr vs ₹41.59 Cr (▲14.55% YoY), EBITDA ₹14.69 Cr vs ₹13.07 Cr (▲12.44% YoY), PAT ₹6.21 Cr vs ₹5.10 Cr (▲21.87% YoY). EBITDA Margin 30.84% vs 31.42% (▼58bps).
Financials
Positive
2026-05-14 19:04
Standalone Revenue for Q4 FY26 was ₹17,162.19 Lakhs against ₹13,643.47 Lakhs in Q4 FY25 (▲25.79% YoY). The company significantly reduced its Standalone EBITDA loss from ₹20,811.24 Lakhs in Q4 FY25 to ₹9,870.08 Lakhs in Q4 FY26, with Standalone EBITDA Margin improving from -152.54% to -57.51% YoY. Standalone Net Loss for the quarter also substantially reduced to ₹4,974.71 Lakhs from ₹20,932.94 Lakhs YoY. The Board recommended a final dividend of INR 2.50 per equity share (50% on face value of Rs. 5/-).
Financials
Positive
2026-05-14 19:04
The Board of Directors of Deep Industries Limited approved the Audited Financial Results (Standalone and Consolidated) for the quarter and financial year ended March 31, 2026. The board also recommended a final dividend of INR 2.50/- per equity share (50% on the face value of Rs. 5/-) for the financial year ended March 31, 2026. M/s. Manubhai & Shah LLP was re-appointed as the Internal Auditor for the financial year 2026-27.
Financials
Neutral
2026-05-09 16:10
Deep Industries Limited announced an Earnings Call for investors/analysts to discuss the financial performance for the fourth quarter and full year ended March 31, 2026. The call is scheduled for Friday, May 15, 2026, at 11:00 am (IST). Mr. Paras Savla (CMD) and Mr. Rohan Shah (Director Finance & CFO) will represent the management.
Business Update
Positive
2026-05-07 16:03
Order Win: Deep Industries Limited received an extension of contract from Antelopus Selan Energy Limited (formerly Selan Exploration Technology Limited) for providing Integrated Drilling Services. The total estimated value of the contract extension is USD 8.28 Million, equivalent to approximately INR 78 crores. The services are to be executed over a period of 30 months, commencing from July 01, 2026.
Routine
Neutral
2026-04-30 18:05
Deep Industries Limited confirmed on April 30, 2026, that it does not fall under the category/framework of a "Large Corporate" (LC) as of March 31, 2026, as defined by the SEBI operational circular dated October 19, 2023, concerning fund raising through debt securities.
Governance
Positive
2026-04-28 16:02
Deep Industries Limited announced the successful passing of resolutions via postal ballot on April 27, 2026. These include the alteration of the company's memorandum of association (main object clause) and the appointment of Mr. Shalin Harshadbhai Patel as a non-executive independent director.