Deep Industries Limited has informed the Exchange about Transcript
DEEPINDS · price
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Deep Industries reported strong FY25 results with consolidated revenue up 35% YoY to INR576.13 crores and EBITDA up 35.3% to INR263.8 crores at a 43% margin. Q4 revenue grew 39.7% YoY to INR167.2 crores. The company booked a one-time non-cash exceptional loss of INR251 crores related to write-downs of inventory and receivables from recently acquired Kandla Energy & Chemicals and Dolphin Offshore Shipping, both acquired for about INR9 crores each from liquidation/CIRP. Order book stands at INR2,960 crores with INR1,400 crores executable in FY26. The board recommended a final dividend of INR3.05 per share (61% on face value). Management guided for minimum 25-30% revenue growth and 20-30% profit growth in FY26, with 2%+ operating margin improvement expected from Kandla's backward integration. FY26 capex plan is INR500 crores, with a possible QIP being evaluated.
Short-term stock may see pressure from the INR251 crore exceptional loss, but the underlying business shows strong 35% revenue and EBITDA growth with robust order book visibility. The acquisitions of Kandla and Dolphin at minimal cost (INR9 crores each) offer margin expansion and offshore capability, supporting the bullish FY26 guidance. Dividend of 61% on face value signals management confidence in cash generation.