Want to see IN:DEEPINDS full AI Analyst Report?
Top Page
Deep Industries Limited
(DEEPINDS)
Select Model
Select Model
Rating:69Neutral
Price Target:
₹815.00
▲(69.93% Upside)
Action:Downgraded
Date:08/04/26
The score is driven primarily by solid financial health—strong growth and a conservative balance sheet—offset by uneven free-cash-flow conversion. Technicals are supportive but overbought, and valuation is reasonable with a low dividend yield.
Positive Factors
Strong revenue growth
Material revenue expansion indicates improving demand for the company’s oilfield services and broader customer activity. If sustained, this growth can increase operating scale, support reinvestment in service capacity, and strengthen Deep Industries’ position with upstream operators over coming quarters.
Negative Factors
Uneven free-cash-flow conversion
Weak and volatile conversion from operating cash flow into free cash flow can limit the funds available for expansion, debt reduction, or shareholder returns. Repeated negative periods also make the company more dependent on disciplined capital spending and working-capital management.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong revenue growth
Material revenue expansion indicates improving demand for the company’s oilfield services and broader customer activity. If sustained, this growth can increase operating scale, support reinvestment in service capacity, and strengthen Deep Industries’ position with upstream operators over coming quarters.
Read all positive factors
Deep Industries Limited (DEEPINDS) vs. iShares MSCI India ETF (INDA)
Market Cap
₹47.66B
Dividend Yield0.34%
Average Volume (3M)29.43K
Price to Earnings (P/E)23.0
Beta (1Y)1.20
Revenue Growth48.75%
EPS GrowthN/A
CountryIN
Employees838
SectorGeneral
Sector StrengthN/A
IndustryOil & Gas Equipment & Services
Share Statistics
EPS (TTM)32.26
Shares Outstanding64,000,000
10 Day Avg. Volume34,505
30 Day Avg. Volume29,435
Financial Highlights & Ratios
PEG Ratio-0.05
Price to Book (P/B)1.38
Price to Sales (P/S)3.09
P/FCF Ratio116.99
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)52
Revenue Forecast (FY)₹11.27B
Deep Industries Limited Business Overview & Revenue Model
Company Description
Deep Industries Limited operates within the oil and gas sector, providing a range of specialized services. Their offerings encompass air and gas compression, drilling and workover operations, and the dehydration, conditioning, and processing of na...
How the Company Makes Money
Deep Industries Limited primarily makes money by providing oilfield services to exploration and production (E&P) customers under service contracts. A key revenue stream is natural gas compression, where the company supplies, installs, operates, an...
Deep Industries Limited Financial Statement Overview
Summary
Income Statement
72
Positive
Balance Sheet
86
Very Positive
Cash Flow
58
Neutral
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 9.70B | 8.91B | 5.76B | 4.27B | 3.41B | 3.22B |
| Gross Profit | 4.04B | 3.53B | 3.39B | 1.63B | 1.67B | 1.48B |
| EBITDA | 2.13B | 1.47B | 127.39M | 1.97B | 1.86B | 1.19B |
| Net Income | 2.06B | 1.80B | -901.03M | 1.24B | 1.23B | 721.28M |
Balance Sheet | ||||||
| Total Assets | 0.00 | 25.95B | 23.93B | 19.11B | 15.87B | 12.60B |
| Cash, Cash Equivalents and Short-Term Investments | 1.56B | 1.94B | 2.02B | 1.68B | 900.14M | 684.57M |
| Total Debt | 0.00 | 2.03B | 2.05B | 1.60B | 698.74M | 317.92M |
| Total Liabilities | -21.12B | 4.83B | 4.78B | 3.84B | 2.08B | 1.30B |
| Stockholders Equity | 21.12B | 19.99B | 18.20B | 14.43B | 13.79B | 11.30B |
Cash Flow | ||||||
| Free Cash Flow | -113.37M | 235.52M | -676.00K | -359.00M | -252.85M | 239.96M |
| Operating Cash Flow | 1.14B | 2.60B | 2.10B | 1.80B | 881.07M | 546.41M |
| Investing Cash Flow | -947.57M | -2.40B | -2.48B | -3.17B | -1.08B | -760.23M |
| Financing Cash Flow | -303.37M | -221.09M | 279.40M | 686.42M | 285.44M | 139.68M |
Deep Industries Limited Technical Analysis
Positive
479.60
Price Trends
631.80
Positive
554.22
Positive
481.75
Positive
Market Momentum
33.44
Positive
57.56
Neutral
35.97
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:DEEPINDS, the sentiment is Positive. The current price of 479.6 is below the 20-day moving average (MA) of 725.24, below the 50-day MA of 631.80, and below the 200-day MA of 481.75, indicating a bullish trend. The MACD of 33.44 indicates Positive momentum. The RSI at 57.56 is Neutral, neither overbought nor oversold. The STOCH value of 35.97 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:DEEPINDS.
Deep Industries Limited Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
77 Outperform | ₹800.62B | 9.26 | ― | 2.34% | 20.37% | 27.31% | |
73 Outperform | ₹30.55B | 22.70 | ― | 0.11% | 72.45% | 45.85% | |
73 Outperform | ₹43.95B | 17.09 | ― | 0.12% | 60.32% | 122.30% | |
72 Outperform | ₹27.05B | 8.97 | ― | 1.00% | 32.78% | 299.59% | |
69 Neutral | ₹47.66B | 23.04 | ― | 0.34% | 48.75% | ― | |
65 Neutral | ₹23.80B | 94.89 | ― | 0.19% | -17.80% | -83.17% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
* General Sector Average
IN:DEEPINDS
Deep Industries Limited
744.65
210.48
39.40%
IN:CONFIPET
Confidence Petroleum India Limited
91.96
45.00
95.83%
IN:GANDHAR
Gandhar Oil Refinery (India) Limited
276.40
132.37
91.90%
IN:HINDOILEXP
Hindustan Oil Exploration Co., Ltd.
180.00
2.50
1.41%
IN:OIL
Oil India Limited
492.20
92.83
23.24%
IN:SEAMECLTD
SEAMEC Limited
1,728.80
772.03
80.69%
Deep Industries Limited Corporate Events
Deep Industries Wins ₹83.81-Crore ONGC Gas Compression Contract
Jun 20, 2026
Deep Industries Limited has secured a three-year Letter of Award from Oil and Natural Gas Corporation Limited to provide charter hiring services for gas compression at the Lakhmani GGS-5 facility in ONGC’s Assam Asset. The contract, valued a...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.