Small Oil Refining

Deep Industries Ltd.

DEEPINDS

₹442.85

2.49% (10.75)

Market Cap

₹2,828 Cr.

P/E

0.00

Deep Industries Ltd.
Overview
Financials
Benchmarking
Shareholding

Deep Industries Ltd.

Deep Industries Ltd.
Overview
Financials
Benchmarking
Shareholding

Price
Growth Table
Balance Sheet
Profit & Loss
Cash Flow
Cash Flow Analysis
Ratios
Quarterly Results
Reverse DCF

FAQs on Deep Industries Ltd. Shareprice

Has the share price of Deep Industries grown faster than its competition?

Deep Industries has given better returns compared to its competitors.
Deep Industries has grown at ~80.47% over the last 4yrs while peers have grown at a median rate of 35.54%

Is Deep Industries stock expensive?

Deep Industries is not expensive.
Latest PE of Deep Industries is 0.0, while 3 year average PE is 14.66.
Also latest EV/EBITDA of Deep Industries is 12.88 while 3yr average is 13.09.

View FAQ's On Business

Growth Table

Deep Industries Ltd.
Hind Oil Exploration
Loading...
Jindal Drilling&Inds
Loading...

In %	1yr	2yr	3yr	4yr	5yr	6yr	7yr	8yr	9yr	10yr
Share Price CAGR	47.30	57.44	62.92	80.47	—	—	—	—	—	—
TTM EPS CAGR	—	—	—	—	—	—	—	—	—	—
Sales CAGR	34.93	29.92	21.45	31.32	45.87	—	—	—	—	—
PAT Margin (Abs Growth)	-7.40	6.80	-4.14	17.43	25.03	28.67	—	—	—	—
PE CAGR	-100.00	-100.00	—	—	—	—	—	—	—	—
CFO CAGR	120	81.70	30.66	40.00	14.45	-1.71	—	—	—	—

* Share price and PE growth are updated everyday. All other fields are as of latest financial year end. EPS adjusted for bonus and splits.

Balance Sheet

Deep Industries Ltd.
Hind Oil Exploration
Loading...
Jindal Drilling&Inds
Loading...

In Rs. Cr.	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Assets	1,319	1,218	1,236	1,173	1,260	1,587	1,906	2,393
Non Current Assets	1,001	874	848	891	894	1,014	1,173	1,483
Net Block	1,085	980	948	868	868	1,007	979	1,081
Capital Work in Progress	1.34	4.39	3.46	0.66	4.60	19.83	220	258
Intangible Assets Under Development	—	—	—	—	—	—	—	—
Long Term Investments	0.06	0.05	0.04	15.86	16.95	1.13	1.07	1.21
Current Assets	231	232	282	250	317	512	673	909
Inventory	14.52	13.68	26.46	38.96	39.74	45.70	49.40	59.67
Accounts Receivable	84.82	127	156	128	135	252	277	589
Short Term Investments	63.55	10.39	8.57	12.81	56.44	47.22	141	151
Cash & Bank Balances	48.20	38.46	37.28	45.55	32.01	42.80	55.46	51.27
Liabilities	1,319	1,218	1,236	1,173	1,260	1,587	1,906	2,393
Shareholders Funds	962	970	997	1,062	1,130	1,370	1,443	1,820
Share Capital	—	—	—	32.00	32.00	32.00	32.00	32.00
Reserves	2.04	10.28	37.40	1,030	1,098	1,338	1,411	1,788
Non Current Liabilities	232	151	164	39.47	60.45	98.41	158	175
Secured Loans	144	39.39	56.08	8.48	11.32	37.63	80.98	—
Unsecured Loans	—	—	—	—	—	—	15.72	104
Current Liabilities	125	96.68	74.41	71.63	69.61	109	221	302
Accounts Payable	23.73	22.51	35.76	32.39	38.27	55.47	41.03	71.77
Short Term Loans	13.59	23.40	5.47	0.64	12.14	16.66	13.90	101

Balance Sheet Snapshot

No data available.

Fund Flow Analysis

Increase
Decrease
Total

No data available.

*Data is as of latest FY end

Profit & Loss

Deep Industries Ltd.
Hind Oil Exploration
Loading...
Jindal Drilling&Inds
Loading...

In Rs. Cr.	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
Sales	313	318	262	194	322	341	427	576
Operating Expenses	150	165	136	113	207	211	268	345
Raw Material	—	—	—	—	—	—	—	237
Material Cost (%)	-0.13	0.35	-4.73	-2.66	-1.46	6.29	0.00	41.17
Employee Cost	22.44	23.69	24.22	26.60	27.67	34.42	48.14	62.39
Power & Fuel Cost	0.98	0.63	0.21	1.03	0.32	0.32	0.41	—
Operating Profit	162	152	125	80.34	115	131	159	231
Other Income	4.55	2.15	3.11	6.55	4.64	11.25	35.63	32.33
OPM (%)	51.90	47.95	47.89	41.48	35.68	38.25	37.33	40.18
Depreciation and Amortisation	103	98.01	89.70	87.59	23.92	29.60	34.37	41.17
Interest	11.58	12.04	10.67	9.36	4.77	5.23	8.46	11.85
Profit Before Tax	52.39	44.36	28.15	-10.06	90.70	152	154	-40.28
Tax	50.40	30.78	-2.95	-74.86	18.30	26.36	28.63	38.48
Net Profit	1.99	13.58	31.10	64.77	72.13	130	124	-78.76
Number of shares(Crs)	—	—	—	3.20	3.20	3.20	6.40	—
Dividend Payout Ratio(%)	—	—	—	0.00	14.42	9.07	12.61	—

TTM Values as of Mar 2025

Cash Flow

Deep Industries Ltd.
Hind Oil Exploration
Loading...
Jindal Drilling&Inds
Loading...

In Rs. Cr.	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Cash from Operating Activity	200	91.88	46.95	80.88	54.64	81.91	180	210
Profit Before Tax	117	44.36	28.15	-10.06	90.70	152	154	-40.28
Adjustments	111	108	97.36	90.74	25.38	-17.32	15.24	288
OCF Before Working Capital	228	153	126	80.68	116	134	169	248
Working Capital Changes	-11.57	-51.39	-70.46	4.31	-55.77	-57.75	31.13	-42.39
Taxes Paid	-16.70	-9.46	-8.10	-4.12	-5.67	5.33	-19.76	4.21
Cash from Investing Activity	-63.62	77.70	-58.97	-11.23	-76.02	-102	-281	-248
Net Fixed Assets Purchased	1.38	6.80	-56.91	-4.55	-28.58	-107	-211	-208
Fixed Assets Purchased	-0.04	-3.81	-71.83	-4.56	-30.64	-107	-216	-210
Fixed Assets Sold	1.42	10.61	14.93	0.01	2.06	—	5.74	1.56
Investment Purchased	-110	-63.22	-73.68	-94.33	-187	-26.32	-89.76	-9.76
Investment Sold	44.55	130	68.81	84.78	137	1.61	—	—
Interest Recieved	0.73	0.65	2.81	2.86	2.16	3.31	19.21	8.12
Dividends Recieved	—	—	—	0.01	0.02	8.08	0.19	0.26
Subsidiary Investments	—	—	—	—	—	—	—	—
Cash from Financing Activity	-118	-192	4.05	-53.78	13.97	28.54	107	27.94
Proceeds From Shares	—	—	—	—	—	—	—	—
Net Long Term Borrowings	0.00	0.00	0.00	0.00	0.00	0.00	0.00	78.82
Proceeds From Borrowings	—	—	—	—	—	—	—	78.82
Repayment From Borrowings	—	—	—	—	—	—	—	—
Interest Paid	-11.58	-11.57	-10.67	-9.36	-4.23	-6.07	-8.12	-11.97
Dividend Paid	-6.93	-5.81	-5.79	—	-4.48	-5.92	-11.84	-15.62
Net Cash Flow	18.54	-22.81	-7.97	15.87	-7.41	8.29	6.69	-9.72
Opening Cash & Cash Equivalents	15.80	34.34	11.53	3.56	19.43	12.02	20.30	26.99
Effect of FX	—	—	—	—	—	—	—	—
Closing Cash & Cash Equivalents	34.34	11.53	3.56	19.43	12.02	20.30	26.99	17.26
Net Capex (est)	-1.38	-6.80	56.91	4.55	28.58	107	211	208
Free Cash Flow (est)	201	98.67	-9.95	76.33	26.06	-25.29	-30.16	1.49

Cash Flow Analysis

Increase
Decrease
Total

No data available.

Ratios

= Dominant Factor

Deep Industries Ltd.
Hind Oil Exploration
Loading...
Jindal Drilling&Inds
Loading...

	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Operational Ratios
Quick Ratio	1.74	2.26	3.44	2.95	3.98	4.27	2.82
Liquid Assets (Crs)	217	219	256	211	277	466	623
Current Liabilities (Crs)	125	96.68	74.41	71.63	69.61	109	221
Current Ratio	1.85	2.40	3.79	3.50	4.55	4.69	3.05
Current Assets (Crs)	231	232	282	250	317	512	673
Current Liabilities (Crs)	125	96.68	74.41	71.63	69.61	109	221
Interest Coverage Ratio	5.53	4.69	3.64	-0.07	20.02	30.00	19.18
EBIT (Crs)	63.97	56.40	38.82	-0.69	95.47	112	161
Interest Expenses (Crs)	11.58	12.04	10.67	9.36	4.77	5.23	8.46
Fixed Asset Turnover	0.24	0.25	0.20	0.14	0.20	0.22	0.28
Net Sales (Crs)	313	318	262	194	322	341	427
Fixed Assets (Crs)	1,298	1,286	1,341	1,348	1,570	1,539	1,541
Cash Conversion Cycle	116	-7,520	1,084	2,746	2,942	-543	267
Inventory Days	16.95	16.21	27.97	61.63	44.66	45.68	40.64
Days Receivable	99.01	122	197	267	149	207	226
Days Payable	0.00	7,658	-859	-2,418	-2,748	796	—
Debt to Equity Ratio	0.24	0.10	0.08	0.04	0.03	0.05	0.11
Total Debt (Crs)	231	102	83.29	40.89	31.79	69.87	159
Shareholders Equity (Crs)	962	970	997	1,062	1,130	1,370	1,443
Free Cash Flow/Sales (%)	64.42	31.08	-3.80	39.40	8.10	-7.41	-7.06
Free Cash Flow(est) (Crs)	201	98.67	-9.95	76.33	26.06	-25.29	-30.16
Net Sales (Crs)	313	318	262	194	322	341	427
Profitability Ratios
Gross Margin (%)	100	99.65	105	103	101	93.71	100.00
Op Profit Margin (%)	51.90	47.95	47.89	41.48	35.68	38.25	37.33
Operating Profit (Crs)	167	154	129	86.90	119	142	195
Net Sales (Crs)	313	318	262	194	322	341	427
Net Profit Margin (%)	0.64	4.28	11.88	33.44	22.43	38.23	29.01
Net Profit (Crs)	1.99	13.58	31.10	64.77	72.13	130	124
Net Sales (Crs)	313	318	262	194	322	341	427
ROCE (%)	5.36	5.03	3.34	-0.06	8.02	7.59	9.53
EBIT (Crs)	63.97	56.40	38.82	-0.69	95.47	112	161
Capital Employed (Crs)	1,194	1,121	1,161	1,101	1,191	1,478	1,685
Return on Assets (%)	0.15	1.12	2.52	5.52	5.72	8.22	6.50
Net Profit (Crs)	1.99	13.58	31.10	64.77	72.13	130	124
Total Assets (Crs)	1,319	1,218	1,236	1,173	1,260	1,587	1,906
ROIC (%)	0.20	1.54	3.52	4.66	6.64	6.01	6.38
Op Profit after Taxes (Crs)	2.26	16.61	39.45	46.68	72.50	83.40	102
Invested Capital (Crs)	1,145	1,081	1,122	1,002	1,092	1,387	1,595
ROE (%)	0.21	1.40	3.12	6.10	6.38	9.52	8.58
Net Profit Margin (%)	0.64	4.28	11.88	33.44	22.43	38.23	29.01
Asset Turnover ratio	0.24	0.26	0.21	0.17	0.26	0.22	0.22
Equity Multiplier	1.37	1.26	1.24	1.10	1.12	1.16	1.32
Adjusted EPS	0.00	0.00	0.00	10.12	11.27	10.19	19.35
Valuation Ratios
P/E	—	—	—	0.00	10.12	13.11	15.89
Price to Book	—	—	—	0.00	0.65	1.25	1.36
EV/EBITDA	1.10	0.41	0.36	0.31	6.11	12.26	10.62
Dividend Yield (%)	—	—	—	—	1.42	0.69	0.79

Quarterly Results

Deep Industries Ltd.
Hind Oil Exploration
Loading...
Jindal Drilling&Inds
Loading...

In Rs. Cr.	Dec'22	Mar'23	Jun'23	Sep'23	Dec'23	Mar'24	Jun'24	Sep'24	Dec'24	Mar'25
Net Sales	98.06	103	101	101	105	120	123	131	155	167
Operating Expenses	58.33	61.49	58.33	62.76	64.68	81.83	72.86	73.14	88.09	111
Increase/Decrease in Stock	-2.01	0.90	0.00	3.72	0.00	-3.72	0.00	0.00	0.00	0.00
Raw Material	47.72	35.29	39.76	39.87	46.09	53.74	49.19	49.79	63.10	75.11
Employee Cost	8.46	10.98	10.72	11.65	12.23	13.53	15.33	15.03	15.36	16.66
Selling and Distribution Expenses	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Electricity, Power & Fuel Cost	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Gen_AdminExpenses	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Miscellaneous Expenses	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Profit	39.73	41.97	42.99	38.56	40.01	37.83	50.59	57.48	66.74	56.66
Other Income	1.96	5.16	5.61	9.66	9.14	11.22	10.85	7.12	8.53	5.84
Interest	1.11	2.85	1.63	0.98	2.92	2.92	2.52	3.07	3.22	3.04
PBDT	40.58	88.97	47.98	47.24	46.23	46.70	58.92	61.53	72.04	-192
Depreciation and Amortization	7.91	8.95	9.03	9.31	8.98	7.06	9.82	10.24	10.45	10.66
Profit Before Tax	32.67	80.02	38.96	37.94	37.25	39.65	49.10	51.29	61.59	-202
Tax	7.74	7.76	7.94	8.41	9.30	2.97	10.36	9.74	13.98	4.40
Profit After Tax	24.93	72.26	31.02	29.52	27.94	36.67	38.74	41.55	47.62	-207
Exceptional Items	0.00	44.69	1.01	0.00	0.00	0.57	0.00	0.00	0.00	-251
Net Profit	24.61	72.26	31.20	29.36	27.17	36.12	37.06	38.41	43.61	-209
Quarterly Ratios
EPS	3.84	5.65	4.88	4.59	4.25	5.64	5.79	6.00	6.81	-32.68
Operating Profit Margin	40.52	40.57	42.43	38.06	38.22	31.62	40.98	44.01	43.11	33.88
Net Profit Margin	25.43	69.84	30.61	29.14	26.69	30.65	31.38	31.81	30.75	-124

Reverse DCF

Earnings

Discount Rate (%)

Terminal Multiple

5 YEAR

10 YEAR

20 YEAR

#N/A.0

Implied Growth Rate over a 5 year period*

#N/A.0

Implied Growth Rate over a 10 year period*

#N/A.0

Implied Growth Rate over a 20 year period*

*Implied Growth calculated using Newton-Raphson method.

Learn how to use Reverse DCF

FAQs on Deep Industries Ltd. Financials

How strong is Deep Industries balance sheet?

Balance sheet of Deep Industries is strong.
It shouldn't have solvency or liquidity issues.

Is the debt of Deep Industries increasing or decreasing?

Yes, The net debt of Deep Industries is increasing.
Latest net debt of Deep Industries is ₹154 Crs as of Mar-25.
This is greater than Mar-24 when it was ₹47.81 Crs.

Is the profitablity of Deep Industries improving?

No, profit is decreasing.
The profit of Deep Industries is -₹78.76 Crs for TTM, ₹124 Crs for Mar 2024 and ₹130 Crs for Mar 2023.

Does Deep Industries pay decent dividends?

The company seems to be paying a very low dividend.
Investors need to see where the company is allocating its profits.
Deep Industries latest dividend payout ratio is 12.61% and 3yr average dividend payout ratio is 12.03%

How has Deep Industries allocated its funds?

Companies resources are allocated to majorly unproductive assets like Cash & Short Term Investments, Capital Work in Progress

View FAQ's On Shareholding

Ideas Dashboard

Timeline

Watchlist

Portfolio

Alerts

Research

Stock Screener

Market

Raw Material

Deep Industries Ltd.

Deep Industries Ltd.

Has the share price of Deep Industries grown faster than its competition?

Is Deep Industries stock expensive?

How strong is Deep Industries balance sheet?

Is the debt of Deep Industries increasing or decreasing?

Is the profitablity of Deep Industries improving?

Does Deep Industries pay decent dividends?

How has Deep Industries allocated its funds?

SIGN UP FOR FREE