Deep Industries (DEEPINDS)₹650.00+0.91%Oil Equipment & Services
In the Jun 2026 quarter (consolidated), Deep Industries reported sales of ₹280 Cr, up 39.4% from Jun 2025, and net profit of ₹89.37 Cr, up 43.6% year on year. For the year to Mar 2026, sales were ₹893 Cr and net profit ₹198 Cr.
Company filings, consolidated accounts; latest reported quarter Jun 2026
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 101 | 105 | 120 | 123 | 131 | 155 | 167 | 200 | 222 | 222 | 249 | 280 |
| Expenses | 63.20 | 65.14 | 82.29 | 73.24 | 73.25 | 88.24 | 111 | 118 | 129 | 121 | 168 | 172 |
| Operating Profit | 38.91 | 39.86 | 37.89 | 50.85 | 56.88 | 66.78 | 56.80 | 81.81 | 91.73 | 99.68 | 81.73 | 108 |
| OPM % | 38.1% | 38.0% | 32.0% | 41.1% | 44.1% | 43.1% | 34.0% | 41.0% | 41.0% | 45.0% | 33.1% | 39.1% |
| Other Income | 9.98 | 8.99 | 11.98 | 10.97 | 6.99 | 8.98 | −244 | 12.98 | 20.96 | 9.98 | −183 | 23.95 |
| Interest | 1.01 | 3.01 | 3.01 | 3.01 | 3.01 | 3.01 | 3.01 | 4.01 | 7.02 | 4.01 | 3.01 | 4.01 |
| Depreciation | 9.02 | 9.01 | 7.01 | 10.02 | 10.01 | 10.02 | 11.02 | 13.03 | 15.03 | 16.02 | 16.04 | 16.02 |
| Profit before tax | 38.09 | 37.09 | 40.11 | 49.12 | 51.14 | 62.20 | −202 | 78.16 | 91.18 | 90.22 | −120 | 112 |
| Tax % | 22.1% | 25.1% | 7.0% | 21.0% | 19.1% | 23.0% | 2.0% | 21.0% | 22.1% | 21.0% | −94.0% | 20.0% |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | −247 | 0.00 | 0.00 | 0.00 | −209 | 0.00 |
| Net Profit | 30.10 | 28.09 | 37.14 | 39.15 | 42.13 | 48.18 | −208 | 62.23 | 71.29 | 71.25 | −7.03 | 89.37 |
| EPS (Rs) | 4.58 | 4.26 | 5.65 | 5.78 | 6.01 | 6.82 | −32.72 | 9.20 | 10.54 | 10.64 | −2.25 | 13.35 |
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 314 | 319 | 262 | 194 | 323 | 342 | 428 | 577 | 893 | 973 |
| Expenses | 149 | 166 | 136 | 113 | 206 | 212 | 261 | 336 | 537 | 590 |
| Operating Profit | 164 | 152 | 126 | 80.74 | 116 | 131 | 167 | 240 | 354 | 381 |
| OPM % | 52.1% | 48.1% | 48.1% | 42.1% | 36.0% | 38.1% | 39.0% | 42.0% | 40.1% | 39.1% |
| Other Income | 2.99 | 1.99 | 2.99 | 5.99 | 2.99 | 55.95 | 29.95 | −228 | −139 | −128 |
| Interest | 12.04 | 12.04 | 11.03 | 9.03 | 5.01 | 5.01 | 8.02 | 12.03 | 18.06 | 18.05 |
| Depreciation | 103 | 98.13 | 90.20 | 88.14 | 24.04 | 30.03 | 34.07 | 41.09 | 59.14 | 63.11 |
| Profit before tax | 52.18 | 44.12 | 28.06 | −10.02 | 91.25 | 152 | 154 | −40.09 | 140 | 173 |
| Tax % | 96.0% | 69.0% | −10.0% | −744.0% | 20.0% | 17.0% | 19.0% | 96.0% | −41.0% | — |
| Exceptional items | 0.00 | 0.00 | 0.00 | 3.01 | 1.01 | 39.08 | 1.01 | −302 | −209 | −209 |
| Net Profit | 2.01 | 14.05 | 31.13 | 65.25 | 72.30 | 125 | 125 | −79.36 | 198 | 225 |
| EPS (Rs) | 199.13 | 1,359.38 | 3,109.91 | 10.13 | 11.26 | 19.57 | 19.36 | −14.10 | 28.15 | 32.28 |
| Dividend payout % | 0.0% | 0.0% | 0.0% | 0.0% | 14.1% | 9.0% | 13.0% | −22.0% | 9.0% | — |
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.00 | 0.00 | 0.00 | 31.91 | 31.91 | 31.92 | 31.91 | 31.95 | 31.90 |
| Reserves | 1.99 | 9.96 | 36.87 | 1,027 | 1,095 | 1,334 | 1,407 | 1,784 | 1,961 |
| Borrowings | 232 | 102 | 83.24 | 41.11 | 32.09 | 70.17 | 160 | 206 | 204 |
| Other Liabilities | 1,082 | 1,103 | 1,113 | 70.34 | 99.48 | 148 | 304 | 363 | 395 |
| Total Liabilities | 1,315 | 1,215 | 1,234 | 1,171 | 1,257 | 1,584 | 1,904 | 2,384 | 2,591 |
| Fixed Assets | 1,081 | 976 | 945 | 865 | 865 | 1,003 | 976 | 1,078 | 1,466 |
| CWIP | 0.99 | 3.99 | 2.99 | 0.99 | 4.99 | 19.97 | 220 | 258 | 55.99 |
| Investments | 64.05 | 10.01 | 9.01 | 29.02 | 72.99 | 48.05 | 142 | 152 | 142 |
| Other Assets | 169 | 224 | 276 | 276 | 315 | 513 | 567 | 897 | 926 |
| Inventories | 14.99 | 14.01 | 25.98 | 38.98 | 39.97 | 45.99 | 48.97 | 59.92 | 93.95 |
| Trade receivables | 85.13 | 127 | 156 | 128 | 135 | 252 | 277 | 590 | 481 |
| Cash & equivalents | 47.88 | 37.90 | 36.94 | 45.92 | 31.95 | 42.91 | 54.91 | 50.88 | 52.89 |
| Total Assets | 1,315 | 1,215 | 1,234 | 1,171 | 1,257 | 1,584 | 1,904 | 2,384 | 2,591 |
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | 200 | 92.07 | 47.09 | 81.14 | 55.06 | 88.08 | 255 | 210 | 270 |
| Cash from investing activity | −124 | 31.98 | −58.89 | −10.99 | −75.96 | −108 | −317 | −248 | −233 |
| Cash from financing activity | −57.91 | −147 | 3.99 | −53.92 | 13.98 | 28.98 | 68.94 | 27.96 | −38.97 |
| Net cash flow | 18.99 | −23.01 | −7.99 | 16.01 | −7.01 | 8.01 | 7.01 | −9.99 | −1.99 |
| Capex | 0.00 | 4.01 | 72.18 | 5.01 | 31.08 | 113 | 217 | 210 | 236 |
| Free cash flow | 201 | 102 | −10.01 | 76.10 | 26.04 | −25.06 | 44.09 | 1.01 | 53.06 |
| CFO / OP % | 131.9% | 65.9% | 43.9% | 104.9% | 51.9% | 62.9% | 165.0% | 85.0% | 80.9% |
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Debtor days | 99 | 146 | 217 | 240 | 154 | 270 | 237 | 373 | 197 |
| Inventory days | — | — | — | — | — | 776 | — | — | 86 |
| Days payable | — | — | — | — | — | 942 | — | — | 85 |
| Cash conversion cycle | 100 | 147 | 218 | 241 | 155 | 105 | 238 | 374 | 199 |
| Working capital days | −5 | 101 | 227 | 228 | 181 | 335 | 220 | 257 | 196 |
| ROCE % | — | 33.0% | 34.0% | −1.0% | 8.0% | 8.0% | 10.0% | 12.1% | 16.1% |
For the Jun 2026 quarter, Deep Industries reported sales of ₹280 Cr, up 39.4% year on year and net profit of ₹89.37 Cr, up 43.6% year on year. The operating margin was 39.1%.
Deep Industries' sales for the year to Mar 2026 were ₹893 Cr; over the last twelve months they were ₹973 Cr.
Net profit for the year to Mar 2026 was ₹198 Cr, and ₹225 Cr over the last twelve months. Earnings per share over the same trailing period were ₹32.28.
Deep Industries reported borrowings of ₹204 Cr at Mar 2026, against cash and equivalents of ₹52.89 Cr.
Cash from operations was ₹270 Cr in the year to Mar 2026; after capital spending, free cash flow was ₹53.06 Cr.