Company Overview & Disclosure Details

Company Business Profile

Deep Industries Limited commenced business in 1991 and is listed on Indian stock exchanges. It operates as India's only integrated onshore and offshore oil & gas service provider. Its business segments span a significant portion of the post-exploration value chain. The exploration and production business was previously demerged into a separate entity.

Business Verticals:

  • Natural Gas Services: Charter hire of entire gas processing facilities, compression, and dehydration.
  • Integrated Project Management (IPM): Includes drilling services, workover services, cementing, geophysical logging, hydrofracking, and coiled tubing. This is a turnkey solution.
  • Production Enhancement: Comprehensive services to enhance production from matured fields.
  • Offshore Services: Operated through a 75% stake acquired in Dolphin Offshore (Enterprises) India Ltd. in January 2023 via the IBC route. Services include the Prabha DP2 accommodation barge, Platform Support Vessels (PSV), and Anchor Handling Tugs Supply Vessels (AHTS).

Shareholding Pattern: Promoter holding is 63.49%; public shareholding is 36.51%.

Key Management Personnel

  • Mr. Paras Savla: Chairman and Managing Director, founder of the company in 1991.
  • Mr. Rupesh Savla: Managing Director, with over 30 years of experience in the energy sector.
  • Mr. Rohan Shah: Whole-time Director (Finance) & CFO, a Chartered Accountant with over 20 years of expertise, associated with Deep for over 16 years.

Financial Highlights - Q1 FY27

All figures are in Indian Rupees Crores. The company achieved all-time high quarterly revenue and profitability.

Order Book Status:

  • Opening Order Book (as of April 1, 2026): ₹3,007 Cr (revolving)
  • Additions during Q1: ₹319 Cr
  • Executed during Q1: ₹279 Cr
  • Closing Running Order Book (as of June 30, 2026): ₹3,047 Cr

Profit & Loss (YoY Growth):

  • Revenue: Increased 39.81% from ₹199.50 Cr (Q1 FY26) to ₹278.92 Cr (Q1 FY27).
  • EBITDA: Increased 38.73% from ₹95.02 Cr (Q1 FY26) to ₹131.83 Cr (Q1 FY27).
  • PAT: Increased 44.48% from ₹61.70 Cr (Q1 FY26) to ₹89.14 Cr (Q1 FY27).
  • Cash PAT: Increased 45.23% from ₹78.08 Cr (Q1 FY26) to ₹113.40 Cr (Q1 FY27).

Profit & Loss (QoQ Comparison to Q4 FY26):

  • Revenue in Q1 FY27 was ₹278.92 Cr, compared to ₹273.31 Cr in Q4 FY26, a growth of 2.1%.
  • EBITDA in Q1 FY27 was ₹131.83 Cr, compared to ₹106.90 Cr in Q4 FY26, a growth of 23.4%.
  • EBITDA Margin was 43.6% in Q1 FY27 vs. 39.1% in Q4 FY26, an improvement of 450 basis points.
  • PAT in Q1 FY27 was ₹89.14 Cr, a significant recovery from a loss of ₹(7.2) Cr in Q4 FY26, which was impacted by an exceptional expense of ₹208.3 Cr.
  • Basic & Diluted EPS stood at ₹13.34 for Q1 FY27.

Operational & Strategic Highlights

Asset Base:

  • Owns and operates more than 80 gas compressors.
  • Owns and operates 14 Workover Rigs (capacity: 30T to 150T) and 6 Drilling Rigs (1000Hp capacity).

Key Contracts & Projects:

  • Production Enhancement Contract: Secured a ₹1,402 crore contract from ONGC for a 15-year term. The contract involves providing comprehensive services to boost production from one of ONGC's matured fields by deploying advanced techniques and equipment.
  • Project Jaya: Delivered an entire surface facility and fluid processing network on a charter hire basis for ONGC. Two similar facilities have been provided for ONGC's Bokaro and Kakinada assets.
  • Offshore Business: The dynamically positioned DP2 barge 'Prabha', owned by subsidiary Beluga International DMCC (Dubai), has commenced revenue generation. Offshore services cater to the oil & gas, renewable energy, communication, and transmission industries, both domestically and internationally.

Industry Outlook & Rationale

The presentation outlines a supportive business landscape driven by Indian government policy initiatives aimed at reducing import dependence and ensuring energy security. Key policy shifts highlighted include a single license for conventional exploration, full pricing and marketing freedom, and revenue-sharing contracts. The company believes the majority of activity from recent bidding rounds (DSF, CBM) will be onshore, leading to a multi-year exploration-led growth cycle (FY26-FY30 outlook) with strong demand for onshore drilling rigs, workover, production, and integrated field services. Deep Industries is positioned to capitalize on this trend due to its 30+ years of experience and integrated service offering.

Corporate Social Responsibility (CSR)

The company's CSR initiative, Blended Interactive Learning, focuses on enhancing primary education in Gujarat. The flagship product is Smart Class, which integrates tools like sLate (schoolsLENS Advanced Technology for Education). The initiative also includes K-Class with K-Yan (integrated community projector), interactive multimedia content, virtual science experiments, and teacher capacity building.

Disclaimer

The presentation contains standard forward-looking statements subject to risks and uncertainties. It is for informational purposes only and does not constitute an offer to sell securities.