About
Deep Industries Limited provides oil and gas field services in India. The company offers gas compression; drilling and workover rigs; natural gas dehydration; integrated project management services, including surface hole drilling, air drilling, cementing, geophysical logging and wire line service, hydro fracturing, and coiled tubing; and charter hiring of gas processing services. It serves to oil and gas producers, public sector undertakings, private sector companies and multinational companies. The company was formerly known as Deep CH4 Limited and changed its name to Deep Industries Limited in September 2020. Deep Industries Limited was founded in 1991 and is based in Ahmedabad, India.
Key Metrics
as of Sep 2026Market Cap5,033 Cr
P/E12.10
Div Yield0.32 %
Book Value₹312.00
52w High₹794.00
52w Low₹327.00
Face Value₹5.00
Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 172.00 | 172.00 | 179.00 | 179.00 | 173.00 | 136.00 | 120.00 | 109.00 | 112.00 | 105.00 | 96.00 | 91.00 | 90.00 |
| Expenses | 97.00 | 107.00 | 110.00 | 113.00 | 109.00 | 86.00 | 69.00 | 65.00 | 67.00 | 66.00 | 59.00 | 54.00 | 53.00 |
| Operating Profit | 75.00 | 64.00 | 70.00 | 67.00 | 63.00 | 50.00 | 51.00 | 44.00 | 45.00 | 40.00 | 37.00 | 37.00 | 37.00 |
| OPM % | 43.00 | 37.00 | 39.00 | 37.00 | 37.00 | 37.00 | 43.00 | 40.00 | 40.00 | 38.00 | 39.00 | 41.00 | 41.00 |
| Other Income | 14.00 | -198.00 | 12.00 | 16.00 | 14.00 | -239.00 | 10.00 | 10.00 | 8.00 | 10.00 | 6.00 | 5.00 | 5.00 |
| Depreciation | 11.00 | 10.00 | 11.00 | 11.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 7.00 | 8.00 | 9.00 | 8.00 |
| Interest | 4.00 | 4.00 | 4.00 | 5.00 | 4.00 | 4.00 | 4.00 | 4.00 | 3.00 | 2.00 | 2.00 | 1.00 | 1.00 |
| Profit before tax | 74.00 | -148.00 | 67.00 | 67.00 | 62.00 | -202.00 | 47.00 | 40.00 | 40.00 | 41.00 | 32.00 | 32.00 | 32.00 |
| Tax % | 25.00 | -66.00 | 24.00 | 25.00 | 25.00 | 3.00 | 30.00 | 25.00 | 24.00 | 21.00 | 25.00 | 25.00 | 25.00 |
| Net Profit | 55.00 | -50.00 | 51.00 | 50.00 | 47.00 | -208.00 | 33.00 | 30.00 | 30.00 | 32.00 | 24.00 | 24.00 | 24.00 |
| EPS in Rs | 8.62 | -7.80 | 7.91 | 7.85 | 7.29 | -32.55 | 5.11 | 4.65 | 4.75 | 5.06 | 3.79 | 3.75 | 3.69 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Sales | 703.00 | 477.00 | 382.00 | 301.00 | 272.00 | 178.00 | 251.00 | 259.00 | 300.00 |
| Expenses | 436.00 | 287.00 | 232.00 | 185.00 | 166.00 | 100.00 | 135.00 | 117.00 | 138.00 |
| Operating Profit | 267.00 | 191.00 | 150.00 | 116.00 | 106.00 | 78.00 | 117.00 | 142.00 | 162.00 |
| OPM % | 38.00 | 40.00 | 39.00 | 39.00 | 39.00 | 44.00 | 46.00 | 55.00 | 54.00 |
| Other Income | -158.00 | -212.00 | 26.00 | 20.00 | 9.00 | 6.00 | -2.00 | -5.00 | 3.00 |
| Interest | 17.00 | 15.00 | 7.00 | 4.00 | 4.00 | 9.00 | 11.00 | 12.00 | 12.00 |
| Depreciation | 43.00 | 40.00 | 32.00 | 27.00 | 23.00 | 87.00 | 90.00 | 98.00 | 103.00 |
| Profit before tax | 48.00 | -76.00 | 137.00 | 105.00 | 87.00 | -12.00 | 14.00 | 27.00 | 51.00 |
| Tax % | -102.00 | 53.00 | 24.00 | 25.00 | 21.00 | -638.00 | -20.00 | 113.00 | 99.00 |
| Net Profit | 97.00 | -115.00 | 104.00 | 78.00 | 69.00 | 63.00 | 17.00 | -4.00 | 1.00 |
| EPS in Rs | 15.23 | -18.04 | 16.29 | 12.24 | 10.83 | 9.87 | 1,737.00 | -360.00 | 68.00 |
| Dividend Payout % | 16.00 | -17.00 | 15.00 | 15.00 | 15.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 32.00 | 32.00 | 32.00 | 32.00 | 32.00 | 32.00 | 0.00 | 960.00 | 0.00 |
| Reserves | 1,631.00 | 1,553.00 | 1,224.00 | 1,132.00 | 1,059.00 | 995.00 | 3.00 | 920.00 | 1.00 |
| Borrowings | 196.00 | 201.00 | 140.00 | 63.00 | 26.00 | 41.00 | 83.00 | 102.00 | 231.00 |
| Other Liabilities | 231.00 | 247.00 | 220.00 | 130.00 | 95.00 | 64.00 | 1,114.00 | -783.00 | 1,078.00 |
| Total Liabilities | 2,091.00 | 2,033.00 | 1,617.00 | 1,358.00 | 1,212.00 | 1,132.00 | 1,200.00 | 1,199.00 | 1,310.00 |
| Fixed Assets | 1,148.00 | 1,064.00 | 960.00 | 929.00 | 842.00 | 846.00 | 927.00 | 980.00 | 1,085.00 |
| CWIP | 44.00 | 40.00 | 86.00 | 19.00 | 4.00 | 1.00 | 3.00 | 4.00 | 1.00 |
| Investments | 63.00 | 78.00 | 91.00 | 44.00 | 75.00 | 30.00 | 9.00 | 11.00 | 64.00 |
| Other Assets | 836.00 | 851.00 | 480.00 | 366.00 | 291.00 | 255.00 | 261.00 | 204.00 | 159.00 |
| Total Assets | 2,091.00 | 2,033.00 | 1,617.00 | 1,358.00 | 1,212.00 | 1,132.00 | 1,200.00 | 1,199.00 | 1,310.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2018 |
|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 218.00 | 178.00 | 233.00 | 78.00 | 70.00 | 76.00 | 35.00 | 116.00 |
| Cash from Investing Activity | -183.00 | -227.00 | -276.00 | -100.00 | -53.00 | -11.00 | -43.00 | -1,267.00 |
| Cash from Financing Activity | -41.00 | 30.00 | 58.00 | 24.00 | -24.00 | -54.00 | 4.00 | 1,180.00 |
| Net Cash Flow | -6.00 | -18.00 | 15.00 | 2.00 | -7.00 | 12.00 | -4.00 | 28.00 |
| Free Cash Flow | 83.00 | 57.00 | 104.00 | -35.00 | 51.00 | 73.00 | -6.00 | -1,075.00 |
| CFO/OP % | 88.00 | 94.00 | 167.00 | 63.00 | 71.00 | 102.00 | 37.00 | 71.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 115.00 | 282.00 | 126.00 | 121.00 | 171.00 | 220.00 | 204.00 | 165.00 | 103.00 |
| Inventory Days | — | — | — | — | — | — | — | 64.00 | — |
| Days Payable | — | — | — | — | — | — | — | 145.00 | — |
| Cash Conversion Cycle | 115.00 | 282.00 | 126.00 | 121.00 | 171.00 | 220.00 | 204.00 | 84.00 | 103.00 |
| Working Capital Days | 53.00 | 241.00 | 171.00 | 249.00 | 198.00 | 225.00 | 216.00 | 103.00 | -1.00 |
| ROCE % | 15.00 | 12.00 | 11.00 | 9.00 | 8.00 | -1.00 | 3.00 | 3.00 | — |
Corporate Actions
11 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Dividend | 21 Aug 2026 | 21 Aug 2026 | — | 2.50 | |
| Dividend | 22 Aug 2025 | 22 Aug 2025 | — | 3.05 | |
| Dividend | 09 Jul 2024 | 09 Jul 2024 | — | 2.44 | |
| Other | 09 Jul 2024 | — | — | — | Annual General Meeting |
| Dividend | 18 Sep 2023 | 18 Sep 2023 | — | 1.85 | |
| Other | 18 Sep 2023 | — | — | — | Annual General Meeting |
| Split | 10 Apr 2023 | 10 Apr 2023 | 10:5 | — | |
| Other | 19 Sep 2022 | — | — | — | Annual General Meeting |
| Dividend | 08 Sep 2022 | 09 Sep 2022 | — | 1.85 | |
| Dividend | 10 Nov 2021 | 11 Nov 2021 | — | 1.40 | |
| Other | 08 Sep 2021 | — | — | — | Annual General Meeting |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
-
Rating update9 Sep 2025 from care
-
Rating update4 Sep 2024 from care
-
Rating update6 Oct 2023 from care
-
Rating update27 Jan 2023 from care
-
Rating update5 Jan 2023 from care
-
Rating update1 Oct 2020 from care