Oil Equipment & Services company Deep Industries announced Q2FY26 results Revenue for the second quarter stood at Rs 221 crore, up 69.2% YoY. EBITDA for the second quarter stood at Rs 113 crore, up 74.7% YoY. PAT for quarter rose 71.4% to Rs 71.2 crore. Company’s order book stood at Rs 3,050 crore as on date. Paras S. Savla, Chairman and MD, Deep Industries, said: “We are delighted to share that Deep Industries Ltd has sustained its impressive momentum through the first half of FY26, leveraging our strategic initiatives and unwavering operational excellence to deliver strong results. In the first half, we successfully took over the Rajahmundry asset under a Production Enhancement Contract and secured a key workover rig deployment from Oil India in Rajasthan, as wellas in Assam and Arunachal Pradesh, further diversifying our footprint across key hydrocarbon basins. These achievements, reinforced by heightened bidding success in value-added segments like charter hire of entire gas processing facilities, reflect our agility in navigating a vibrant market landscape. With an order book now exceeding Rs 3,050 crore, seamless project executions, supportive government policies on domestic exploration, and escalating energy needs, we are primed to accelerate growth, innovate in sustainable solutions, and maximize long-term value for all stakeholders. Deep Industries Limited continues to fortify its position in the Oil and Gas services sector, as evidenced by our impressive Q2 and H1 results” Result PDF
Oil Equipment & Services company Deep Industries announced Q1FY26 results Operating Revenue: Rs 199.5 crore compared to Rs 123.5 crore during Q1FY25, change 61.6% EBITDA for the quarter was at Rs 95 crore, up 54.7% YoY. PAT for the quarter rose Rs 61.7 crore up 59.3% YoY. Company’s order book rose to Rs 3,051 crore as on date. Paras S. Savla, Chairman and MD, Deep Industries, said: "Deep Industries has begun FY26 with remarkable momentum, building on our strategic achievements and operational excellence. This quarter, we successfully took charge of the Rajahmundry field for production enhancement operations, initiating baseline production that promises significant output growth in the coming quarters. We have secured key contracts from Oil India for the deployment of mobile workover rigs in Rajasthan, along with a recent charter hire order in Assam and Arunachal Pradesh, strengthening our diversified portfolio. These milestones, combined with robust activity across our core segments, underscore our commitment to deliver innovative, value-driven solutions. With a strong order book, efficient execution, favorable policy environment and rising energy demand, we are well positioned to drive sustainable growth and create long-term value for our stakeholders. Thank you for your continued trust and support.” Result PDF
Oil Equipment & Services company Deep Industries announced Q4FY25 & FY25 results Q4FY25 Financial Highlights: Operating Revenue: Rs 167.2 crore compared to Rs 119.6 crore during Q4FY24, change 39.7%. Total Income: Rs 173.1 crore compared to Rs 130.9 crore during Q4FY24, change 32.2%. EBITDA: Rs 62.5 crore compared to Rs 49.1 crore during Q4FY24, change 27.4%. EBITDA margin: 36.1% for Q4FY25 PAT: Rs 44.4 crore compared to Rs 36.1 crore during Q4FY24, change 22.9%. PAT margin: 25.6% for Q4FY25 FY25 Financial Highlights: Operating Revenue: Rs 576.1 crore compared to Rs 427.0 crore during FY24, change 35.0%. Total Income: Rs 608.5 crore compared to Rs 462.6 crore during FY24, change 31.5%. EBITDA: Rs 263.8 crore compared to Rs 195.0 crore during FY24, change 35.3%. EBITDA margin: 43.5% for FY25 PAT: Rs 172.3 crore compared to Rs 123.6 crore during FY24, change 39.4%. PAT margin: 28.3% for FY25 Paras S. Savla, Chairman & MD, Deep Industries, said, "As we conclude another milestone year, we’ve strengthened our leadership and set the stage for continued growth. A key achievement was our vertical integration through production enhancement contracts (PECs), with a 15-year ONGC order marking the first step in this journey. Our ability to adapt to market dynamics and seize emerging opportunities has been a key driver of this success, reinforcing our reputation for operational excellence and innovation. Looking ahead to FY26, we’re excited to explore opportunities in offshore services, complementing our onshore capabilities. Our accommodation barge “Prabha”, has entered into 3 year lease agreement and will contribute to growth from Q1FY26 onward. Combined with robust inflows in gas processing business, these revenue verticals will fuel our growth momentum going forwrd. With a balanced approach to both horizontal and vertical expansion, we are well-positioned to capture new opportunities and deliver long-term value to our stakeholders.” Result PDF
Oil Equipment & Services company Deep Industries announced Q3FY25 results Operating Revenue: Rs 154.8 crore, change 47.9% YoY. EBITDA: Rs 75.3 crore, change 53.1% YoY. EBITDA margin: 46.1% for Q3FY25. PBT: Rs 61.6 crore, change 65.4% YoY. PAT: Rs 47.6 crore, change 70.4% YoY. PAT margin: 29.1% for Q3FY25. Paras Savla Chairman and Managing Director, Deep Industries, said: I am delighted to share that we have delivered another strong quarterly performance, underpinned by the growing demand for oilfield services. Our strategic focus on expanding our presence in the oilfield segment and offering more value-added solutions has enabled us to align with evolving customer needs and industry trends. This approach has not only allowed us to address critical gaps in the sector but also strengthened our position along the value chain. Looking ahead, we remain confident in our growth trajectory as we enter the next financial year. With a clear focus on innovation, operational excellence, and value creation, we are well-positioned to capitalize on emerging opportunities. Our unwavering commitment to delivering superior results and enhancing shareholder value continues to drive our strategic decisions and future aspirations. Result PDF
Oil Equipment & Services company Deep Industries announced Q2FY25 results Company’s Revenue for Q2FY25 rose 28.9% at Rs 130.6 crore. EBITDA for the quarter was at Rs 64.6 crore, up 33.9% YoY. Company’s order book rose to Rs 2,622 crore. PAT: 40.7% YoY jump in net profit to Rs 41.5 crore for Q2FY25. Paras S. Savla, Chairman and MD, Deep Industries said: “We are pleased to share our strong performance for the second quarter in a row, solidifying our order book and maintaining healthy margins, with this quarter delivering our highest quarterly PAT in the history of the Company. This success also marks an important step forward as we enter Production Enhancement Contract (PEC) within the essential oil and gas value chain. PEC offer us a promising way to boost profitability and strengthen our margin profile, reaffirming our commitment to consistent value creation and growth for our stakeholders. With the progress of the Open Acreage Licensing Policy (OALP) Round IX, we’re excited about the opportunities in this sector, which we expect will further drive our growth going forward.” Result PDF