DEEPINDS
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- 5D
- 1M
- 6M
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- MAX
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Recent events
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News
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Corporate Actions
India's Deep Industries falls after reporting gas leak incident
** Shares of Deep Industries DEEI.BO fall 3% to 421 rupees, lowest in a month
** Co reports a gas leak incident during workover operations at Well Mori #5 in the southern Indian state of Andhra Pradesh
** No injury or loss of life has been reported, co says
** Facility was operated by co under ONGC’s ONGC.NS production enhancement activities, co adds
** The area around the well has been secured, and cooling operations have commenced, co says
** DEEI has logged lossed in each session so far in 2026, fell ~16% last year
(Reporting by Komal Salecha)
(([email protected];))
** Shares of Deep Industries DEEI.BO fall 3% to 421 rupees, lowest in a month
** Co reports a gas leak incident during workover operations at Well Mori #5 in the southern Indian state of Andhra Pradesh
** No injury or loss of life has been reported, co says
** Facility was operated by co under ONGC’s ONGC.NS production enhancement activities, co adds
** The area around the well has been secured, and cooling operations have commenced, co says
** DEEI has logged lossed in each session so far in 2026, fell ~16% last year
(Reporting by Komal Salecha)
(([email protected];))
India's Deep Industries rises on signing tripartite deed
** Deep Industries DEEI.BO rises as much as 3.9% to 459 rupees; on track to snap four sessions of losses
** Co enters tripartite deed of assignment with ONGC ONGC.NS, its unit Deep Exploration Services
** Adds deed will transfer ONGC contract to unit
** More than 110,000 shares traded vs 30-day moving avg of 152,354
** DEEI last up 1%, taking YTD losses to 19.3%
(Reporting by Meenakshi Maidas in Bengaluru)
(([email protected];))
** Deep Industries DEEI.BO rises as much as 3.9% to 459 rupees; on track to snap four sessions of losses
** Co enters tripartite deed of assignment with ONGC ONGC.NS, its unit Deep Exploration Services
** Adds deed will transfer ONGC contract to unit
** More than 110,000 shares traded vs 30-day moving avg of 152,354
** DEEI last up 1%, taking YTD losses to 19.3%
(Reporting by Meenakshi Maidas in Bengaluru)
(([email protected];))
Deep Industries Says NCLT Ahmedabad Grants Reliefs For Acquisition Of Kandla Energy
Feb 4 (Reuters) - Deep Industries Ltd DEEI.BO:
NCLT AHMEDABAD GRANTS RELIEFS FOR ACQUISITION OF KANDLA ENERGY
Source text: ID:nBSE7RGtQg
Further company coverage: DEEI.BO
(([email protected];;))
Feb 4 (Reuters) - Deep Industries Ltd DEEI.BO:
NCLT AHMEDABAD GRANTS RELIEFS FOR ACQUISITION OF KANDLA ENERGY
Source text: ID:nBSE7RGtQg
Further company coverage: DEEI.BO
(([email protected];;))
Deep Industries Says Unit Acquires 100% Of Dolphin Offshore Shipping
Jan 21 (Reuters) - Deep Industries Ltd DEEI.BO:
UNIT ACQUIRES 100% OF DOLPHIN OFFSHORE SHIPPING
Source text: ID:nBSE7J4Lmp
Further company coverage: DEEI.BO
(([email protected];;))
Jan 21 (Reuters) - Deep Industries Ltd DEEI.BO:
UNIT ACQUIRES 100% OF DOLPHIN OFFSHORE SHIPPING
Source text: ID:nBSE7J4Lmp
Further company coverage: DEEI.BO
(([email protected];;))
Deep Industries To Consider Fund Raising On Dec 28
Dec 24 (Reuters) - Deep Industries Ltd DEEI.BO:
DEEP INDUSTRIES LTD - BOARD TO CONSIDER FUND RAISING ON DEC 28
Source text: ID:nBSE1S8BcV
Further company coverage: DEEI.BO
(([email protected];;))
Dec 24 (Reuters) - Deep Industries Ltd DEEI.BO:
DEEP INDUSTRIES LTD - BOARD TO CONSIDER FUND RAISING ON DEC 28
Source text: ID:nBSE1S8BcV
Further company coverage: DEEI.BO
(([email protected];;))
Deep Industries Gets LoA From Selan Exploration For Drilling Services
Dec 19 (Reuters) - Deep Industries Ltd DEEI.BO:
DEEP INDUSTRIES LTD - RECEIVES LETTER OF AWARD FROM SELAN EXPLORATION FOR DRILLING SERVICES
DEEP INDUSTRIES LTD - AWARD VALUED AT USD 7.30 MILLION
Source text: ID:nNSE9hBrlF
Further company coverage: DEEI.BO
(([email protected];))
Dec 19 (Reuters) - Deep Industries Ltd DEEI.BO:
DEEP INDUSTRIES LTD - RECEIVES LETTER OF AWARD FROM SELAN EXPLORATION FOR DRILLING SERVICES
DEEP INDUSTRIES LTD - AWARD VALUED AT USD 7.30 MILLION
Source text: ID:nNSE9hBrlF
Further company coverage: DEEI.BO
(([email protected];))
Deep Industries Says NCLT Approves Resolution Plan By Unit To Acquire Dolphin Shipping Under Cirp
Oct 31 (Reuters) - Deep Industries Ltd DEEI.BO:
DEEP INDUSTRIES - NCLT APPROVES RESOLUTION PLAN BY UNIT TO ACQUIRE DOLPHIN SHIPPING UNDER CIRP
Source text: [ID:]
Further company coverage: DEEI.BO
(([email protected];))
Oct 31 (Reuters) - Deep Industries Ltd DEEI.BO:
DEEP INDUSTRIES - NCLT APPROVES RESOLUTION PLAN BY UNIT TO ACQUIRE DOLPHIN SHIPPING UNDER CIRP
Source text: [ID:]
Further company coverage: DEEI.BO
(([email protected];))
Deep Industries Gets LoA Worth 630 Million Rupees
Aug 23 (Reuters) - Deep Industries Ltd DEEI.BO:
GETS LOA WORTH 630 MILLION RUPEES
Source text for Eikon: [ID:]
Further company coverage: DEEI.BO
(([email protected];))
Aug 23 (Reuters) - Deep Industries Ltd DEEI.BO:
GETS LOA WORTH 630 MILLION RUPEES
Source text for Eikon: [ID:]
Further company coverage: DEEI.BO
(([email protected];))
Deep Industries March-Quarter Consol Net Profit Falls
May 15 (Reuters) - Deep Industries Ltd DEEI.BO:
DEEP INDUSTRIES MARCH-QUARTER CONSOL NET PROFIT 361.2 MILLION RUPEES VERSUS PROFIT 722.6 MILLION RUPEES
DEEP INDUSTRIES LTD MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 1.2 BILLION RUPEES VERSUS 1.03 BILLION RUPEES
Source text for Eikon: ID:nBSEc4ctvl
Further company coverage: DEEI.BO
(([email protected];))
May 15 (Reuters) - Deep Industries Ltd DEEI.BO:
DEEP INDUSTRIES MARCH-QUARTER CONSOL NET PROFIT 361.2 MILLION RUPEES VERSUS PROFIT 722.6 MILLION RUPEES
DEEP INDUSTRIES LTD MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 1.2 BILLION RUPEES VERSUS 1.03 BILLION RUPEES
Source text for Eikon: ID:nBSEc4ctvl
Further company coverage: DEEI.BO
(([email protected];))
Deep Industries Announces Termination Of JV Between Co, Focus Energy
April 15 (Reuters) - Deep Industries Ltd DEEI.BO:
TERMINATION OF JV BETWEEN CO, FOCUS ENERGY
JV NOT BENEFICIAL TO EITHER PARTY IN VIEW OF CHANGED CIRCUMSTANCES
BOTH PARTIES HAVE AGREED TO TERMINATE THE JOINT VENTURE
Source text for Eikon: ID:nBSE3ntDK3
Further company coverage: DEEI.BO
(([email protected];))
April 15 (Reuters) - Deep Industries Ltd DEEI.BO:
TERMINATION OF JV BETWEEN CO, FOCUS ENERGY
JV NOT BENEFICIAL TO EITHER PARTY IN VIEW OF CHANGED CIRCUMSTANCES
BOTH PARTIES HAVE AGREED TO TERMINATE THE JOINT VENTURE
Source text for Eikon: ID:nBSE3ntDK3
Further company coverage: DEEI.BO
(([email protected];))
Deep Industries Dec-Qtr Consol Net Profit Rises
Feb 6 (Reuters) - Deep Industries Ltd DEEI.BO:
DEEP INDUSTRIES DEC-QUARTER CONSOL NET PROFIT 271.7 MILLION RUPEES VERSUS PROFIT 246.1 MILLION RUPEES
DEEP INDUSTRIES DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 1.05 BILLION RUPEES VERSUS 980.6 MILLION RUPEES
Source text for Eikon: ID:nBSE9SgKLm
Further company coverage: DEEI.BO
(([email protected];;))
Feb 6 (Reuters) - Deep Industries Ltd DEEI.BO:
DEEP INDUSTRIES DEC-QUARTER CONSOL NET PROFIT 271.7 MILLION RUPEES VERSUS PROFIT 246.1 MILLION RUPEES
DEEP INDUSTRIES DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 1.05 BILLION RUPEES VERSUS 980.6 MILLION RUPEES
Source text for Eikon: ID:nBSE9SgKLm
Further company coverage: DEEI.BO
(([email protected];;))
Higher spot LNG prices to impact India's city gas distributors - JM Financial
** Sustained rise in Asian spot LNG prices during winter will pose concerns for India's city gas distributors (CGD), JM Financial says
** Gujarat Gas GGAS.NS could be most impacted given 20%-30% dependency on spot LNG - brokerage
** Even though spot LNG prices have normalised in CY23 from record high levels, they are still relatively high at $16.4/mmbtu, analysts say
** Brokerage says CGD sector total gas demand rising gradually, driven by increasing domestic gas consumption and higher allocation of gas
** Says LNG demand still strong despite recent rise in spot LNG prices
** Gujarat Gas down 0.1%, Adani Total Gas ADAG.NS down 2.9%, Mahanagar Gas MGAS.NS up 0.3%, Indraprastha GasIGAS.NS down 0.6% on Thursday
(Reporting by Sethuraman NR in Bengaluru)
(([email protected]; (+91 9945291420); Reuters Messaging: [email protected]))
** Sustained rise in Asian spot LNG prices during winter will pose concerns for India's city gas distributors (CGD), JM Financial says
** Gujarat Gas GGAS.NS could be most impacted given 20%-30% dependency on spot LNG - brokerage
** Even though spot LNG prices have normalised in CY23 from record high levels, they are still relatively high at $16.4/mmbtu, analysts say
** Brokerage says CGD sector total gas demand rising gradually, driven by increasing domestic gas consumption and higher allocation of gas
** Says LNG demand still strong despite recent rise in spot LNG prices
** Gujarat Gas down 0.1%, Adani Total Gas ADAG.NS down 2.9%, Mahanagar Gas MGAS.NS up 0.3%, Indraprastha GasIGAS.NS down 0.6% on Thursday
(Reporting by Sethuraman NR in Bengaluru)
(([email protected]; (+91 9945291420); Reuters Messaging: [email protected]))
India's Deep Industries rises on Q2 profit climb
** Shares of Deep Industries DEEI.NS up as much as 6.7% to 274.50 rupees
** Co posts 79% YoY rise in Sept-qtr consol net profit on higher sales; rev from ops up ~54% YoY
** Over 299,000 shares change hands as of 03:24 p.m. IST, 1.2x the 30-day moving average
** Stock last up 5%, extending YTD gains to ~92%
(Reporting by Kashish Tandon in Bengaluru)
** Shares of Deep Industries DEEI.NS up as much as 6.7% to 274.50 rupees
** Co posts 79% YoY rise in Sept-qtr consol net profit on higher sales; rev from ops up ~54% YoY
** Over 299,000 shares change hands as of 03:24 p.m. IST, 1.2x the 30-day moving average
** Stock last up 5%, extending YTD gains to ~92%
(Reporting by Kashish Tandon in Bengaluru)
Deep Industries Enters Into Joint Venture Arrangement With Focus Energy Ltd
July 21 (Reuters) - Deep Industries Ltd DEEI.BO:
ENTERED INTO JOINT VENTURE ARRANGEMENT WITH FOCUS ENERGY LIMITED
JV TO CARRY OUT BUSINESS FOR PROVIDING FIELD SERVICES IN OIL AND GAS INDUSTRY
Source text for Eikon: ID:nBSE6Nmy0s
Further company coverage: DEEI.BO
(([email protected];;))
July 21 (Reuters) - Deep Industries Ltd DEEI.BO:
ENTERED INTO JOINT VENTURE ARRANGEMENT WITH FOCUS ENERGY LIMITED
JV TO CARRY OUT BUSINESS FOR PROVIDING FIELD SERVICES IN OIL AND GAS INDUSTRY
Source text for Eikon: ID:nBSE6Nmy0s
Further company coverage: DEEI.BO
(([email protected];;))
India's Deep Industries rises on JV agreement with Euro Gas Systems
** Shares of Deep Industries DEEI.NS up as much as 5.3% to 213.7 rupees
** Stock on track for a third consecutive session of gains, if trend holds
** The energy solutions provider said on Thursday it entered into a joint venture agreement with Euro Gas Systems S.R.L for supplying oilfield equipment
** Euro Gas Systems has acquired a 26% equity stake in co's unit Deep Onshore Drilling Services
** More than 380,000 Deep Industries' shares change hands, 1.5x the 30-day moving avg
(Reporting by Navamya Ganesh Acharya in Bengaluru)
(([email protected]; +91 8805175330 ;))
** Shares of Deep Industries DEEI.NS up as much as 5.3% to 213.7 rupees
** Stock on track for a third consecutive session of gains, if trend holds
** The energy solutions provider said on Thursday it entered into a joint venture agreement with Euro Gas Systems S.R.L for supplying oilfield equipment
** Euro Gas Systems has acquired a 26% equity stake in co's unit Deep Onshore Drilling Services
** More than 380,000 Deep Industries' shares change hands, 1.5x the 30-day moving avg
(Reporting by Navamya Ganesh Acharya in Bengaluru)
(([email protected]; +91 8805175330 ;))
Deep Industries Enters Into Joint Venture With Euro Gas Systems S.R.L
July 13 (Reuters) - Deep Industries Ltd DEEI.BO:
DEEP INDUSTRIES LTD - ENTERED INTO JOINT VENTURE WITH EURO GAS SYSTEMS S.R.L
DEEP INDUSTRIES LTD - JV FOR SUPPLYING OIL FILED EQUIPMENTS TO THE OIL & GAS INDUSTRY
Source text for Eikon: ID:nBSE24gxkQ
Further company coverage: DEEI.BO
(([email protected];))
July 13 (Reuters) - Deep Industries Ltd DEEI.BO:
DEEP INDUSTRIES LTD - ENTERED INTO JOINT VENTURE WITH EURO GAS SYSTEMS S.R.L
DEEP INDUSTRIES LTD - JV FOR SUPPLYING OIL FILED EQUIPMENTS TO THE OIL & GAS INDUSTRY
Source text for Eikon: ID:nBSE24gxkQ
Further company coverage: DEEI.BO
(([email protected];))
India's Deep Industries up on Breitling Drilling deal
** Shares of Deep Industries Ltd DEEI.BO up as much as 5.2% to 200.80 rupees
** Energy solutions provider says it acquired 74% stake in Breitling Drilling Pvt. Ltd. by making an aggregate investment of 7,400 rupees in BDPL via subscription of its shares
** BDPL, which is engaged oil and gas support services activities, will subsequently become a subsidiary of co
** Over 45,000 shares change hands by 03:08 p.m. IST, 2.1x the 30-day moving avg
** As of last close, stock up ~36% so far this year
(Reporting by Kashish Tandon in Bengaluru)
** Shares of Deep Industries Ltd DEEI.BO up as much as 5.2% to 200.80 rupees
** Energy solutions provider says it acquired 74% stake in Breitling Drilling Pvt. Ltd. by making an aggregate investment of 7,400 rupees in BDPL via subscription of its shares
** BDPL, which is engaged oil and gas support services activities, will subsequently become a subsidiary of co
** Over 45,000 shares change hands by 03:08 p.m. IST, 2.1x the 30-day moving avg
** As of last close, stock up ~36% so far this year
(Reporting by Kashish Tandon in Bengaluru)
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Popular questions
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What does Deep Industries do?
Deep Industries is a global leader in providing specialized services to the energy sector, offering air & gas compression, drilling, gas dehydration, and project management services with a focus on innovation, environmental sustainability, and quality standards.
Who are the competitors of Deep Industries?
Deep Industries major competitors are Hind Oil Exploration, Antelopus Selan Ener, Guj. Natural Resourc, Jindal Drilling&Inds, Asian Energy Service, South West Pinnacle, Aban Offshore. Market Cap of Deep Industries is ₹2,324 Crs. While the median market cap of its peers are ₹1,443 Crs.
Is Deep Industries financially stable compared to its competitors?
Deep Industries seems to be less financially stable compared to its competitors. Altman Z score of Deep Industries is 4.31 and is ranked 5 out of its 8 competitors.
Does Deep Industries pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Deep Industries latest dividend payout ratio is 12.61% and 3yr average dividend payout ratio is 10.84%
How has Deep Industries allocated its funds?
Companies resources are allocated to majorly unproductive assets like Accounts Receivable
How strong is Deep Industries balance sheet?
Balance sheet of Deep Industries is strong. It shouldn't have solvency or liquidity issues.
Is the profitablity of Deep Industries improving?
The profit is oscillating. The profit of Deep Industries is -₹26.12 Crs for TTM, -₹90.1 Crs for Mar 2025 and ₹124 Crs for Mar 2024.
Is the debt of Deep Industries increasing or decreasing?
Yes, The net debt of Deep Industries is increasing. Latest net debt of Deep Industries is ₹162 Crs as of Sep-25. This is greater than Mar-25 when it was ₹103 Crs.
Is Deep Industries stock expensive?
Deep Industries is expensive when considering the PE ratio, however latest EV/EBIDTA is < 3 yr avg EV/EBIDTA. Latest PE of Deep Industries is 14.08, while 3 year average PE is 12.03. Also latest EV/EBITDA of Deep Industries is 8.48 while 3yr average is 12.85.
Has the share price of Deep Industries grown faster than its competition?
Deep Industries has given better returns compared to its competitors. Deep Industries has grown at ~40.48% over the last 4yrs while peers have grown at a median rate of 14.07%
Is the promoter bullish about Deep Industries?
Promoters seem not to be bullish about the company and have been selling shares in the open market. Latest quarter promoter holding in Deep Industries is 63.49% and last quarter promoter holding is 63.51%
Are mutual funds buying/selling Deep Industries?
There is Insufficient data to gauge this.
