Deep Industries Limited
Incorporated in 1991, Deep Industries Ltd is in the business of Oil and Gas field services. The company specializes in providing Air & Gas Compression Services, Drilling and Workover Services, Gas Dehydration Services, etc.. The company also provides integrated project management services.
What Deep files
- Investor Meet70
- Others56
- Board Meeting19
- Important14
- New Orders12
- Updates11
Deep Industries achieved all-time high Q1 revenue & profit, with PAT up 44.48% to 89.14 Cr. Key contracts secured for HP and natural gas compression. Production commenced on ONGC contract. Strong order book and energy security focus position the company for sustainable growth.
Deep Industries reported strong FY26 results: Revenue up 55% YoY to ₹891 Cr, EBITDA up 64% to ₹425 Cr. Board proposed a ₹2.50/share final dividend. It merged Kandla, writing off ₹208.28 Cr legacy receivables for balance sheet cleanup. The company also entered the Green Hydrogen business.
Deep Industries' provisional business suspension is revoked for key services like Gas Compression, Dehydration, and various Rig Hiring services. This allows the company to continue operations in these critical areas.
Deep Industries posted strong Q3 FY26 results with PAT up 49.8% to ₹71.3 Cr and revenue rising 43.1% to ₹221.5 Cr. The company's order book remains robust at ₹2,967 Cr, supporting a positive operational outlook.
Deep Industries announced the gas leak at Well Mori #5 during ONGC operations has been fully contained and stopped. The situation is now in total control, with no injury or loss of life reported, mitigating operational risk.