Deep Industries Limited has informed the Exchange about Investor Presentation
DEEPINDS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Deep Industries Limited reported strong FY2026 results with consolidated revenue growing 55% year-on-year to Rs. 890.71 Cr. EBITDA rose 61% to Rs. 424.82 Cr with margins expanding by 89 basis points to 44.24%. Cash profit doubled (102%) to Rs. 442.12 Cr. The company wrote off legacy trade receivables inherited from the Kandla acquisition (non-cash, non-recurring) and experienced a 5–6 month production delay at ONGC's Well Mori #5 due to a gas leak in January 2026, with no injuries. Total debt stood at Rs. 202.98 Cr with a healthy debt-to-equity of 0.13. The order book stands at Rs. 3,007 Cr. Deep Industries is India's only integrated onshore and offshore oil & gas service provider, benefiting from India's push to reduce import dependence and a structural upstream capex cycle.
The company delivered exceptional growth driven by overseas expansion and diversification, reducing single-client dependency below 40%. Margin improvement and a large revolving order book signal sustained earnings strength, though the gas leak incident and legacy write-off create some near-term noise. The stock benefits from India's energy security policy tailwinds.