MoneyWorks4Me

Deep Industries Ltd (DEEPINDS)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 543288 NSE: DEEPINDS Oil Exploration | Small Cap | Deep Industries Share Price

₹774.70 -8.35 (-1.07%)

As on 11-Sep'26 16:59

Deep Industries Ltd (DEEPINDS)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 543288 NSE: DEEPINDS Oil Exploration | Small Cap | Deep Industries Share Price

₹774.70 -8.35 (-1.07%)

As on 11-Sep'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹4,958 Cr.
Current Price
₹774.7
52-Week Low / High
₹327 / 827
TTM EPS
₹32.3
TTM Sales
₹970 Cr.
Book Value per Share
₹326.3
P/E Ratio
24.01
Higher than its 5-year historical median
Industry PE
8
Price to Book (P/B)
2.37
Higher than its 5-year historical median
Price to Sales (P/S)
5.11
Higher than its 5-year historical median
EV/EBITDA
11.07
Higher than its 5-year historical median
Dividend Yield
0.32%
Profitability Efficiency
Return on Equity (ROE)
10.32%
Outperforms industry median
Return on Capital Employed (ROCE)
7.44%
Underperforms industry median
Return on Assets (ROA)
7.94%
Operating Profit Margin
40.2%
Net Profit Margin
22.12%
Gross Profit Margin
45.7%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Improving versus 3-year growth rate
47.22%
Operating Profit Growth (1 Year)
Improving versus 3-year growth rate
53.49%
Net Profit Growth (1 Year)
-
-
Asset Quality
Promoter Holding
63.49%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹2,056 Cr.
Equity
₹32 Cr.
Face Value
₹5
All Time Low / High
₹17.50 / 826.95

Deep Industries stock performance

Key Ratios
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Check Before You Invest

Valuation

Overvalued

Price Trend

Strong
Q.1 Is Deep Industries Ltd a good quality company?
Deep Industries Ltd is a weak quality company, based on a inconsistent multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Deep Industries Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Deep Industries Ltd vs industry peers?
Deep Industries Ltd revenue CAGR is 35.68%, compared to the industry median CAGR of 5.62%, indicating faster growth and gaining its market share.
Q.1 Promoter shareholding and pledge status of Deep Industries Ltd?
Promoters hold 63.49% of the Deep Industries Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Deep Industries Ltd over the last decade?
Over the last 5 year(s), the stock has delivered a CAGR of 59.38% based on the current price.

10 Year X-Ray :

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Deep Industries Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
ROCE % 5.3%3.5%2.4%-0.2%8.4%9.3%11%-3.8%3.6%-
Value Creation
Index
-0.6-0.8-0.8-1.0-0.4-0.3-0.2-1.3-0.7-

Growth Parameters

Sales 300259251178272301382477703702
Sales YoY Gr.--13.8%-3.1%-28.9%52.2%10.9%26.8%25%47.2%-
Adj EPS 0009.610.25.816.18.63716.6
YoY Gr.-NANANA5.6%-42.9%177.3%-46.4%328.4%-
BVPS (₹) 000160.4170.690.9196.3247.7259.9268.5
Adj Net
Profit
1.4-3.820.961.765.274.410355.3237106
Cash Flow from Ops. 11678.235767078.4233178218-
Debt/CF from Ops. 21.32.40.50.40.80.61.10.9-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales NA31.6%32.7%47.2%
Adj EPS NA30.9%85.4%328.4%
BVPSNA10.1%41.9%4.9%
Share Price - 60.8% 44% 45.4%

Key Financial Parameters

Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
Return on
Equity %
0.2-0.42.26.26.26.68.53.914.66.3
Op. Profit
Mgn %
5452.246.44439.138.639.339.937.939.2
Net Profit
Mgn %
0.5-1.58.334.62424.72711.633.715.1
Debt to
Equity
318.1-12.424.8000.10.10.10.1-
Working Cap
Days
0203287448321362364473417129
Cash Conv.
Cycle
0120163243126917416613356

Valuation of Deep Industries - Consolidated

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Financials

PARTICULARSMar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Sales313318262194322341427576891
Operating Expenses + 150165136113207211268345535
Manufacturing Costs10911410978151128183240403
Material Costs-01-12-5021000
Employee Cost 222424272834486278
Other Costs 192616142827374354
Operating Profit 16215212580115131159231355
Operating Profit Margin (%) 51.9%48.0%47.9%41.5%35.7%38.2%37.3%40.2%39.9%
Other Income + 5237511363270
Exceptional Items 00000452-251-208
Interest 12121195581218
Depreciation 1039890882430344159
Profit Before Tax 524428-1091152154-40140
Tax 5031-3-7518262938-57
Profit After Tax 214316572125125-79197
PAT Margin (%) 0.6%4.3%11.9%33.5%22.5%36.7%29.3%-13.7%22.1%
Adjusted EPS (₹)0.00.00.010.111.310.219.4-14.128.1
Dividend Payout Ratio (%)0%0%0%0%14.40%9.10%12.60%-21.70%8.90%
PARTICULARSMar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26

Equity and Liabilities

Shareholders Fund + 210371,0621,1301,3701,4431,8201,999
Share Capital 000323232323232
Reserves 210371,0301,0981,3381,4111,7881,967
Debt +157636292354111129114
Long Term Debt14439568113897104109
Short Term Debt142351121714256
Minority Interest0000098495113
Trade Payables242336323855417293
Others Liabilities 1,1361,1221,101706898227270256
Total Liabilities 1,3191,2181,2361,1731,2601,5871,9062,3862,576

Fixed Assets

Net Fixed Assets +1,0859809488688681,0079791,0811,472
Gross Block1,2981,2861,3411,3481,5701,5391,5411,6842,121
Accumulated Depreciation213306393480702532562603649
CWIP 143152022025856
Investments 64109297348142152142
Inventories151426394046496094
Trade Receivables85127156128135252277589480
Cash Equivalents 483837463243555153
Others Assets 22445664107171184195279
Total Assets 1,3191,2181,2361,1731,2601,5871,9062,3862,576
PARTICULARSMar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Cash Flow From Operating Activity + 2009247815582255210270
PBT 1174428-1091152154-40140
Adjustment 111108979125-1715288239
Changes in Working Capital -12-51-704-56-58105-42-91
Tax Paid -17-9-8-4-65-204-18
Cash Flow From Investing Activity + -6478-59-11-76-102-317-248-233
Capex 17-57-5-29-107-211-208-217
Net Investments -6667-5-10-502-51-1521
Others 143323-55-24-37
Cash Flow From Financing Activity + -118-1924-5414296928-39
Net Proceeds from Shares 000000000
Net Proceeds from Borrowing 000000000
Interest Paid -12-12-11-9-4-6-8-12-17
Dividend Paid -7-6-60-4-6-12-16-20
Others -99-17521-4423418956-3
Net Cash Flow 19-23-816-787-10-2
PARTICULARSMar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Ratios
ROE (%)97.74220.4130.4611.796.6110.048.91-4.8310.32
ROCE (%)5.364.983.61-0.068.4312.0810.68-1.577.44
Asset Turnover Ratio0.240.250.210.160.260.240.240.270.36
PAT to CFO Conversion(x)1006.571.521.250.760.662.04N/A1.37
Working Capital Days
Receivable Days99121.80197.10266.90149.30207.30226.10274.10219
Inventory Days1716.202861.6044.7045.7040.6034.6031.50
Payable Days07,657.80-858.70-2,417.800796.20000

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Deep Industries Ltd FAQs

The current trading price of Deep Industries on 11-Sep-2026 16:59 is ₹774.7.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 10-Sep-2026 the market cap of Deep Industries stood at ₹4,958.1 Cr

The latest P/E ratio of Deep Industries as of 10-Sep-2026 is 46.67.

The latest P/B ratio of Deep Industries as of 10-Sep-2026 is 2.89.

The 52-week high of Deep Industries is ₹827.0 and the 52-week low is ₹326.9.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Deep Industries is ₹702 ( Cr.) .

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Deep Industries Ltd is a below average quality company.

The key valuation ratios of Deep Industries Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Strong which suggest that the price of Deep Industries Ltd is likely to Rise in the short term. However, please check the rating on Quality and Valuation before investing

About Deep Industries Ltd

Deep Industries leading solution provider to the energy sector catering to growing global energy needs and by focusing on people, environment and innovative technology. The company has grown up to be a ‘One Stop Solution’ provider for every need in oil and gas field operations by providing various equipment and services under rental and chartered-hire basis. The company is certified according to Quality and Safety standard cods through Bureau Veritas & ISO Certifications i.e. ISO 9001:2015, ISO: 14001:2015 & ISO 45001:2018.

Business area of the company

The company is leading solution provider in energy sector. The company is specialized in providing Air & Gas Compression Services, Drilling and Workover Services, Gas Dehydration Services, and also having expertise in Integrated Project Management Services. Its comprehensive portfolio includes various Machines / equipment / tools to be used Oil and Gas Industry from Exploration & Production Services to the Mid-Stream Services.

Products and services
  • Drilling and Workover Services
  • Integrated Project Management Services
  • Air and Gas Compression Services
  • Gas Dehydration, Conditioning and Processing
Milestone:
  • 1991: Deep Industries Limited a total solution provider in oil and gas field
  • 1994: Awarded with the first air compression contract, and became first company in India to provide high pressure air compressor on charter hire basis.
  • 1997: Awarded with the first natural gas compression contract, and became first company in India to provide natural gas compressors on charter hire basis.
  • 2001: Built important alliances and the company joined hands with well-known and reputed company Valerus Compression Services and Hanover Asia Inc, to boost up and expand the compression business.
  • 2005: Achieved ISO 9001:2000 certification and registered with IADC to set up the benchmark for Indian companies in Oil & Gas Industry. Started the workover rig business and purchased 1 no of 100MT mobile rig.
  • 2006: Launched initial public offering and got listed on Indian stock exchanges.
  • 2007: Commissioned first ever rig contract under ONGC. Awarded service contract for the development of three Marginal Field Gas blocks by ONGC in the ‘Marginal Field Monetization Program’.
  • 2010: Achieved ISO 14001 & BS OHSAS 18001 and got equipped with well defined quality, health, safety and environmental policy as per International and Industrial safety norms. Started drilling rig business.
  • 2015: Became first company in India to get awarded with Gas Dehydration Plant on hiring basis in the ONGC Rajahmundry. Awarded with 2 Nos. of 1000 HP Drilling Rig Contract by ONGC for its Tripura & Ahmedabad Asset.
  • 2016: Commissioned 2 X1000HP Drilling Rig Contract. Initiated execution of integrated project management business.
  • 2018: Formation of subsidiary company namely Deep International DMCC, to carter the needs of oil and gas industry in foreign countries.
  • 2019: Started focusing and seeking the prospective to diversify the business with mud logging and mud engineering services.
  • 2020: The company has segregated the two business segments (i) Oil and Gas Filed Services and (ii) Oil and Gas Exploration and Production in two listed entities as per approved Scheme of Arrangement in the nature of demerger by NCLT, Ahmedabad.
  • 2020: Received approval of Kuwait Oil Company, Kuwait as ‘Approved Contractor’ of KOC.
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