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Deep Industries

₹309.2 17.3 | 5.9%

Market Cap ₹1979 Cr.

Stock P/E 16.0

P/B 1.4

Current Price ₹309.2

Book Value ₹ 227.5

Face Value 5

52W High ₹331.2

Dividend Yield 0.6%

52W Low ₹ 152.2

Deep Industries Research see more...

Overview Inc. Year: 2006Industry: Oil Exploration

Deep Industries Ltd engages within the oil and gasoline offerings business. The enterprise gives air and gas compression; drilling and workover; gas dehydration, conditioning, and processing; and included venture management services, as well as apartment and chartered-hire of equipment and offerings. The enterprise was previously referred to as Deep CH4 Ltd and changed its name to Deep Industries Ltd in September 2020. Deep Industries Ltd was founded in 1991 and is based in Ahmedabad, India.

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Deep Industries Share Price

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Deep Industries Quarterly Results

#(Fig in Cr.) Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
Net Sales 91 75 84 73 67 98 103 101 101 105
Other Income 1 0 2 2 2 2 5 6 10 9
Total Income 93 76 86 75 68 100 109 107 111 114
Total Expenditure 64 46 55 44 47 58 61 58 63 65
Operating Profit 28 29 31 32 21 42 47 49 48 49
Interest 1 1 1 1 0 1 3 2 1 3
Depreciation 6 6 6 6 6 8 9 9 9 9
Exceptional Income / Expenses 0 0 0 0 0 0 45 1 0 0
Profit Before Tax 21 23 23 25 14 33 80 39 38 37
Provision for Tax -0 5 6 5 6 8 8 8 8 9
Profit After Tax 21 17 17 20 9 25 72 31 30 28
Adjustments -0 -0 0 -0 -0 -0 0 0 -0 -1
Profit After Adjustments 21 17 17 19 9 25 72 31 29 27
Adjusted Earnings Per Share 3.3 2.7 2.7 3 1.3 3.8 5.6 4.9 4.6 4.2

Deep Industries Profit & Loss

#(Fig in Cr.) Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
Net Sales 313 318 262 194 322 341 410
Other Income 5 2 3 7 5 11 30
Total Income 317 320 265 200 326 353 441
Total Expenditure 150 165 136 113 207 211 247
Operating Profit 167 154 129 87 119 142 193
Interest 12 12 11 9 5 5 9
Depreciation 103 98 90 88 24 30 36
Exceptional Income / Expenses 0 0 0 0 0 45 46
Profit Before Tax 52 44 28 -10 91 152 194
Provision for Tax 50 31 -3 -75 18 26 33
Profit After Tax 2 14 31 65 72 125 161
Adjustments 0 0 -0 -0 -0 0 -1
Profit After Adjustments 2 14 31 65 72 125 159
Adjusted Earnings Per Share 0 0 0 10.1 11.3 9.8 19.3

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 6% 9% 2% 0%
Operating Profit CAGR 19% 3% -3% 0%
PAT CAGR 74% 59% 129% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR 91% 120% NA% NA%
ROE Average 10% 9% 76% 80%
ROCE Average 12% 7% 6% 6%

Deep Industries Balance Sheet

#(Fig in Cr.) Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Shareholder's Funds 962 970 997 1062 1130 1370
Minority's Interest 0 0 0 0 0 9
Borrowings 144 39 56 8 11 38
Other Non-Current Liabilities 89 111 108 31 49 61
Total Current Liabilities 125 97 74 72 70 109
Total Liabilities 1319 1218 1236 1173 1260 1587
Fixed Assets 1085 980 948 868 868 1007
Other Non-Current Assets 3 6 6 55 75 68
Total Current Assets 231 232 282 250 317 512
Total Assets 1319 1218 1236 1173 1260 1587

Deep Industries Cash Flow

#(Fig in Cr.) Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Opening Cash & Cash Equivalents 16 34 12 4 19 12
Cash Flow from Operating Activities 200 92 47 81 55 88
Cash Flow from Investing Activities -64 78 -59 -11 -76 -108
Cash Flow from Financing Activities -118 -192 4 -54 14 29
Net Cash Inflow / Outflow 19 -23 -8 16 -7 8
Closing Cash & Cash Equivalent 34 12 4 19 12 20

Deep Industries Ratios

# Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Earnings Per Share (Rs) 0 0 0 10.12 11.27 9.79
CEPS(Rs) 0 0 0 23.81 15.05 12.1
DPS(Rs) 0 0 0 0 1.63 1.85
Book NAV/Share(Rs) 0 0 0 165.9 176.57 106.68
Core EBITDA Margin(%) 51.9 47.95 47.89 41.48 35.68 38.25
EBIT Margin(%) 20.46 17.76 14.82 -0.36 29.68 45.96
Pre Tax Margin(%) 16.76 13.97 10.75 -5.19 28.2 44.43
PAT Margin (%) 0.64 4.28 11.88 33.45 22.51 36.71
Cash Profit Margin (%) 33.54 35.15 46.13 78.67 29.95 45.38
ROA(%) 0.15 1.07 2.54 5.38 5.95 8.8
ROE(%) 97.74 220.4 130.46 11.79 6.61 10.04
ROCE(%) 5.36 4.98 3.61 -0.06 8.43 12.08
Receivable days 99.01 121.83 197.12 266.94 149.28 207.31
Inventory Days 16.95 16.21 27.97 61.63 44.66 45.68
Payable days 0 7657.76 -858.66 -2417.82 0 796.23
PER(x) 0 0 0 0 10.12 13.66
Price/Book(x) 0 0 0 0 0.65 1.25
Dividend Yield(%) 0 0 0 0 1.42 0.69
EV/Net Sales(x) 0.59 0.2 0 0.14 2.27 5.09
EV/Core EBITDA(x) 1.1 0.41 0 0.31 6.11 12.26
Net Sales Growth(%) 0 1.54 -17.53 -26.02 66.04 6.13
EBIT Growth(%) 0 -11.83 -31.18 -101.79 0 64.33
PAT Growth(%) 0 580.82 129 108.36 11.72 73.07
EPS Growth(%) 0 0 0 0 11.36 -13.14
Debt/Equity(x) 113.25 9.89 2.23 0.04 0.03 0.05
Current Ratio(x) 1.85 2.4 3.79 3.5 4.56 4.69
Quick Ratio(x) 1.74 2.26 3.44 2.95 3.98 4.27
Interest Cover(x) 5.53 4.69 3.64 -0.07 20.02 30
Total Debt/Mcap(x) 0 0 0 0 0.04 0.08

Deep Industries Shareholding Pattern

# Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
Promoter 63.99 63.99 63.99 63.49 63.49 63.49 63.49 63.49 63.49 63.49
FII 5.99 3.71 2 1.93 1.58 1.45 1.19 2.18 2.03 1.82
DII 0.02 0.02 0.02 0.02 0.02 0.02 0 0 0 0
Public 30 32.27 33.99 34.55 34.9 35.04 35.32 34.33 34.48 34.69
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Pros

  • Company has delivered good profit growth of 128% CAGR over last 5 years
  • Company is almost debt free.

Cons

  • Company has a low return on equity of 9% over the last 3 years.
  • Debtor days have increased from 0 to 796.23days.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

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