Financial Highlights: H1 FY27 (₹ in Crores)

Comparative Performance H1 FY27 vs H1 FY26:

  • Operating Revenue: ₹574.34 (FY27) vs ₹420.51 (FY26) - 36.6% YoY growth
  • Total Income: ₹615.62 (FY27) vs ₹455.20 (FY26) - 35.2% YoY growth
  • EBITDA (Includes Other Income): ₹255.83 (FY27) vs ₹207.88 (FY26) - 23.1% YoY growth
  • PAT: ₹170.37 (FY27) vs ₹132.93 (FY26) - 28.2% YoY growth
  • Net Cash Flows from Operations: ₹154.72 - representing 35.4% YoY growth (highest ever H1)
  • EPS as on September 30, 2026: ₹25.29

Financial Highlights: Q2 FY27 (₹ in Crores)

Comparative Performance Q2 FY27 vs Q2 FY26:

  • Operating Revenue: ₹295.43 (FY27) vs ₹221.01 (FY26) - 33.7% YoY growth
  • Total Income: ₹313.03 (FY27) vs ₹242.27 (FY26) - 29.2% YoY growth
  • EBITDA (Includes Other Income): ₹124.00 (FY27) vs ₹112.86 (FY26) - 9.9% YoY growth
  • PAT: ₹81.22 (FY27) vs ₹71.23 (FY26) - 14.0% YoY growth

Management Commentary

Mr. Paras S. Savla, Chairman and Managing Director, commented on the company's performance:

  • The robust H1 FY27 performance resulted from disciplined execution and focus on strategic priorities
  • The company maintained steady growth across all core business segments
  • Projects were delivered on schedule with high operational efficiency and safety commitment
  • The global energy landscape is undergoing structural realignment with strong oil demand recovery expected through FY27 and beyond
  • The company benefits from its presence across more than 70% of the post-exploration service value chain
  • Strong bidding success was achieved in value-added segments including charter hire of complete gas processing facilities

Business Outlook and Strategic Position

  • Current order book: Approximately ₹3089 crore
  • Positioned to benefit from supportive government policies on domestic exploration
  • National focus on energy security serves as a lasting tailwind for core business
  • The company continues to convert traditional EPC contracts into long-term Charter Hire models
  • Successful commencement of production operations under Production Enhancement Contract with ONGC noted as significant milestone

Company Background

Deep Industries Limited is an integrated Onshore and Offshore Oil & Gas Service Provider with over 30 years of experience. The company has expanded from Natural Gas Compression in the 1990s to cover more than 70% of the post-exploration value chain, including natural gas dehydration, drilling and workover rigs, Integrated Project Management, and Charter Hiring of gas processing facilities.