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Deep Industries Earnings Call: Key Takeaways

Deep Industries reported a strong Q4 FY26 with 49% revenue growth and 71% EBITDA growth. Management is pivoting towards an 'exploration first' strategy while merging Kandla Energy.

Highlights
Revenue growthFY26 revenue jumped 55% to ₹891cr.
MarginsEBITDA margin at 39% for Q4; FY26 cash profit margin 46%.
Order bookRobust at ₹3,000+ crores; bid pipeline at ₹500-600 crores.
Demand visibilityStrong macro demand; global oil demand set to grow in 2027.
Management confidenceHigh; optimistic on 25-30% growth trajectory for next 2 years.

Growth

FY26 revenue up 55% YoY to ₹891cr; FY26 EBITDA up 44% to ₹424.82cr. Q4 revenue rose 49% YoY to ₹248.7cr.

Outlook

Guided 25-30% YoY growth for FY27/FY28. Planned ₹300cr capex for PEC, rig, and gas segments; targeting 44-45% EBITDA margins.

Risks

Gas leak at Mori-5 well delayed production enhancement by 6 months; written off ₹208cr in legacy Kandla receivables.

Source

Earnings Call filed with NSE, NSE: DEEPINDS. Summary written with AI assistance from the document.

Read the document ↗

Deep Industries Ltd: key numbers

Share price
₹781.10
Market cap
₹4,999 Cr
Revenue (annual)
₹890.7 Cr
Net profit (annual)
₹179.9 Cr
P/E (TTM)
24.2×Sector 18.7×
Promoter holding
63.49%+0.00% QoQ
FII holding
1.47%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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13:40 IST NSE
New Order Win

Deep Industries Bags ₹88.15 Cr Order from Oil and Natural Gas Corporation Limited

Deep Industries received a ₹88.15 Crore gas compression contract from ONGC at Balol GGS-1, Mehsana. The 3-year award is in the ordinary course of business.

Value
₹88.15 Cr
From
Oil and Natural Gas Corporation Limited
Execution
3 years