Deep Industries Limited has informed the Exchange about Transcript

Deep Industries Limited reported strong FY26 results with operating revenue up 55% YoY to INR 891 crores and EBITDA up 44% to INR 424.82 crores. Cash profit reached INR 442 crores (margin 46%) with adjusted ROE at 21.8% and ROCE at 19.2%. The company took a non-recurring, non-cash write-off of INR 208 crores for Kandla legacy trade receivables, which did not impact cash flows (operating cash flow increased to INR 270 crores). Order book remains robust at over INR 3,000 crores, providing multi-year visibility. Management guided for 25-30% YoY growth for FY27 with EBITDA margins expected to sustain at 44-45%. Planned capex of INR 300 crores for FY27 includes INR 150 crores for PEC equipment and INR 100-120 crores for higher capacity drilling rigs (2,000 HP). Single client dependency reduced to below 40%. New opportunities include offshore expansion, green hydrogen (MOU with Advait Green Energy), and online compressors (RAAS). A gas leak incident at Mori-5 well in January 2026 caused a 5-6 month delay but operations are normalizing. QIP has been cancelled.