Deep Industries Limited Earnings Summary — Q1 FY2027
Deep Industries Reports Strong Q1 FY2027 Performance with 23% EBITDA Growth and ESOP Launch
Quarterly Business Intelligence
AI Quarterly Scorecard™
Computed deterministically from the last 10 reported quarters.
Quarterly Business Momentum
- Revenue has increased for 10 consecutive quarters.
- Revenue of ₹279 Cr is 39.8% higher year-on-year.
- Revenue has compounded at 45.7% annualised over the last 10 quarters.
- Revenue is at its highest level in 10 quarters.
- Net profit has reached its highest level in 10 quarters.
- Net profit of ₹85 Cr is 45.1% above the same quarter last year.
- Profit growth is outpacing revenue growth, pointing to positive operating leverage.
- Net profit has compounded at 63.5% annualised across the period.
- Operating margin stands at 38.8% in Q1 FY2027.
- Operating margin compressed by 213 bps year-on-year.
- Over the last two years operating margin has contracted by 221 bps.
- PBT margin is 40.0%.
- Expenses grew 44.9% against revenue growth of 39.8%.
- Operating profit of ₹108 Cr is 32.5% higher year-on-year.
- Operating leverage continues to improve.
- 6 of the last 6 measured quarters delivered year-on-year revenue growth.
- Overall quarterly business momentum scores 78/100 (Strong) on the latest 10 quarters.
- Business momentum remains positive heading into the next quarter.
Quarterly Financials
Last 10 Reported Quarters • All figures in ₹ Crore • Margins in %
| Metric | Trend | Latest Q1 FY2027 | Q4 FY2026 | Q3 FY2026 | Q2 FY2026 | Q1 FY2026 | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 | Q4 FY2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | Improving | 279 | 249 | 222 | 221 | 200 | 167 | 155 | 131 | 123 | 120 |
| Expenses | Improving | 171 | 167 | 121 | 129 | 118 | 111 | 88 | 73 | 73 | 82 |
| Operating Profit | Strong Uptrend | 108 | 82 | 100 | 92 | 82 | 57 | 67 | 57 | 51 | 38 |
| Operating Margin | Improving | 38.8% | 32.9% | 45.2% | 41.5% | 40.9% | 33.9% | 43.1% | 44.0% | 41.0% | 31.6% |
| Other Income | Volatile | 24 | -183 | 10 | 21 | 13 | -245 | 9 | 7 | 11 | 12 |
| Interest | Improving | 4 | 3 | 4 | 7 | 4 | 3 | 3 | 3 | 3 | 3 |
| Depreciation | Improving | 16 | 16 | 16 | 15 | 13 | 11 | 10 | 10 | 10 | 7 |
| Profit Before Tax | Volatile | 112 | -120 | 90 | 91 | 78 | -202 | 62 | 51 | 49 | 40 |
| Tax | Volatile | 23 | -113 | 19 | 20 | 16 | 4 | 14 | 10 | 10 | 3 |
| Net Profit | Volatile | 85 | -14 | 68 | 67 | 59 | -209 | 44 | 38 | 37 | 36 |
| Net Margin | Volatile | 30.6% | -5.8% | 30.7% | 30.5% | 29.5% | -125.1% | 28.2% | 29.4% | 30.0% | 30.2% |
Key Takeaways
- Consolidated revenue grew 23.39% YoY to ₹21,296 Lakhs, driven by expanded Oil & Gas Field Services.
- Board approved the 'Deep Employee Stock Option Scheme 2026' (DIL ESOP 2026) for 15,00,000 equity shares.
- Standalone Net Profit saw a significant turnaround from a restated loss in the prior quarter to a profit of ₹5,517 Lakhs.
- Management strengthening with the appointment of Mr. Rajeev Kumar Sinha (ex-IIT ISM) as Chief Operating Officer.
- Company continues to maintain a dominant 70%+ market share in Indian post-exploration services.
- Restated prior-year figures reflect the successful merger of Kandla Energy and Chemicals Limited.
Management Guidance
Management remains focused on high-margin gas compression and dehydration services, aligning with India's macro shift toward a gas-based economy. The expansion into offshore support services via subsidiaries like Dolphin Offshore is performing well, contributing over ₹4,000 Lakhs in revenue this quarter.
Sentiment Shift
Improving
The transition from a restated loss in the prior sequential quarter to strong profitability, combined with a new ESOP scheme, indicates high confidence in future growth.
Outlook
The company is well-positioned to capitalize on increasing capital expenditure in the domestic Oil & Gas sector. Strong operating leverage and margins near 40% provide a buffer against cyclical volatility, while recent organizational restructuring streamlines execution.
From the Annual Report (Key Quotes)
“The Company operates in a single business segment namely 'Oil and Gas Field Services' comprising onshore and offshore support.”
“The Board of Directors has approved the adoption of the Deep Employee Stock Option Scheme 2026.”
“Restated financial results for the comparative quarter ended June 30, 2025 reflect the impact of the Kandla Energy merger.”
Official Quarterly Documents
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This summary is AI-generated from Deep Industries Limited's latest quarterly filing and earnings call. For informational purposes only — not investment advice.