Deep Industries Ltd

Deep Industries bags Rs 49-cr ONGC contract for natural gas compression services

7 Jul 2026

Deep Industries announced that it has received a Letter of Award (LoA) from Oil and Natural Gas Corporation (ONGC) for charter hiring services for natural gas compression at GGS Paliyad under the Ahmedabad Asset.

The contract, valued at approximately Rs 49.10 crore, has been awarded for a period of five years. The order covers charter hiring services for natural gas compression at Paliyad in ONGC's Ahmedabad Asset. The company clarified that the contract is not a related-party transaction and that neither its promoters nor promoter group entities have any interest in the award. Deep Industries is a one stop solution provider in the business of various oil and gas support services. On a consolidated basis, Deep Industries reported net loss of Rs 14.36 crore in Q4 March 2026 as against net loss of Rs 209.17 crore in Q4 March 2025. Net sales rose 48.72% YoY to Rs 248.71 crore in Q4 March 2026. The counter slipped 2.62% to Rs 444 on the BSE. Powered by Capital Market - Live News

Deep Industries secures Rs 84 crore ONGC contract

20 Jun 2026

Deep Industries has received a Letter of Award (LoA) from Oil and Natural Gas Corporation (ONGC) for charter hiring services for gas compression at the Lakhmani GGS-5 facility under ONGC's Assam Asset.

The contract has an estimated value of approximately Rs 83.81 crore. It involves charter hiring services for gas compression and will be executed over a period of three years. Deep Industries is a one stop solution provider in the business of various oil and gas support services. On a consolidated basis, Deep Industries reported net loss of Rs 14.36 crore in Q4 March 2026 as against net loss of Rs 209.17 crore in Q4 March 2025. Net sales rose 48.72% YoY to Rs 248.71 crore in Q4 March 2026. On the NSE, Deep Industries shed 1.07% to settle at Rs 487 on Friday. Powered by Capital Market - Live News

Deep Industries secures Rs 59-cr order from ONGC

7 Apr 2026

Deep Industries announced that it has secured an order worth Rs 59 crore from Oil and Natural Gas (ONGC) Corporation for hiring services of Natural Gas Compressor, Gas Dehydration & HC Dew Point Depression at Malleswaram, ONGC Rajahmundry Asset.

The project is to be executed over a period of three years. Deep Industries is in the business of oil and gas field services. The company specializes in providing air & gas compression services, drilling and workover services, gas dehydration services, etc. The company also provides integrated project management services. The company has reported a 49.8% rise in consolidated net profit to Rs 71.34 crore on a 43.1% increase in revenue from operations to Rs 221.49 crore in Q3 FY26 as compared with Q3 FY25. Shares of Deep Industries rose 1.57% to close at Rs 445.90 on the BSE.

Deep Industries bags Rs 148-cr drilling rig contract from Oil India

14 Feb 2026

Deep Industries said that it has secured a domestic contract from Oil India for the hiring of a 1000 HP mobile drilling rig package in Assam and Arunachal Pradesh.

The order, valued at approximately Rs 148 crore, is slated for execution over four years. The contract is fully domestic, with no involvement from the company's promoters or group entities, and does not fall under related party transactions. This project reinforces Deep Industries' footprint in the upstream oil and gas sector, strengthening its drilling operations capabilities in India's northeast region. Deep Industries is in the business of oil and gas field services. The company specializes in providing air & gas compression services, drilling and workover services, gas dehydration services, etc. The company also provides integrated project management services. Oil India is engaged in exploration, development, and production of crude oil and natural gas, transportation of crude oil, and production of LPG. It also provides various E&P-related services for oil blocks. Shares of Deep Industries fell 6.52% to end at Rs 381.30, while shares of Oil India declined 4.20% to close at Rs 455.20 on the BSE. Powered by Capital Market - Live News

Deep Industries posts nearly 50% YoY jump in Q3 PAT

5 Feb 2026

Deep Industries has reported 49.8% rise in consolidated net profit to Rs 71.34 crore on 43.1% increase in revenue from operations to Rs 221.49 crore in Q3 FY26 as compared with Q3 FY25.

Total expenses for the period under review added up to Rs 141.30 crore, up 38.9% YoY. This was primarily on account of higher input costs (up 39.8% YoY), higher employee expenses (up 45.9% YoY) and higher depreciation charges (up 49.8% YoY). Profit before tax in Q3 FY26 stood at Rs 90.10 crore, up by 46.3% from Rs 61.59 crore recorded in Q3 FY25. Deep Industries is in the business of oil and gas field services. The company specializes in providing air & gas compression services, drilling and workover services, gas dehydration services, etc. The company also provides integrated project management services. The scrip declined 3.31% to currently trade at Rs 404.40 on the BSE. The exchange saw over 0.19 lakh shares change hands at the counter as compared to the average trading volume of 8,749 shares for the past two week. Powered by Capital Market - Live News

Deep Industries secures contract worth Rs 49.10 cr

7 Jul 2026

From Oil & Natural Gas Corpn

Deep Industries has received a Letter of Award for charter hiring services for Natural Gas Compression from Oil & Natural Gas Corpn at GGS Paliyad of Ahmedabad asset for a period of 5 years. The total estimated value of the said award is approximately Rs 49.10 crore.

Deep Industries wins order of Rs 83.81 cr

22 Jun 2026

From Oil and Natural Gas Corporation

Deep Industries has received a Letter of Award for charter hiring services for gas Compression from Oil and Natural Gas Corporation at Lakhmani GGS-5, Assam Asset for a period of three years. The total estimated value of the said award is approximately Rs 83.81 crore.

Board of Deep Industries recommends final dividend

15 May 2026

Of Rs 2.5 per share

Deep Industries announced that the Board of Directors of the Company at its meeting held on 14 May 2026, inter alia, have recommended the final dividend of Rs 2.5 per equity Share (i.e. 50%) , subject to the approval of the shareholders.

Deep Industries to declare Quarterly Results

8 May 2026

On 14 May 2026

Deep Industries will hold a meeting of the Board of Directors of the Company on 14 May 2026.

Deep Industries secures contract worth Rs 59 cr from ONGC Corpn

6 Apr 2026

Deep Industries has received a letter of award from Oil & Natural Gas Corpn for hiring of services of natural gas compressor, gas dehydration & HC dew point depression for Malleswaram of ONGC, Rajamundry asset for a period of three years. The total estimated value of the said award is approximately Rs 59 crore.

Deep Industries to hold board meeting

29 Jan 2026

On 5 February 2026

Deep Industries will hold a meeting of the Board of Directors of the Company on 5 February 2026. Powered by Capital Market - Live News

Deep Industries reports consolidated net loss of Rs 14.36 crore in the March 2026 quarter

15 May 2026

Sales rise 48.72% to Rs 248.71 crore

Net Loss of Deep Industries reported to Rs 14.36 crore in the quarter ended March 2026 as against net loss of Rs 209.17 crore during the previous quarter ended March 2025. Sales rose 48.72% to Rs 248.71 crore in the quarter ended March 2026 as against Rs 167.23 crore during the previous quarter ended March 2025. For the full year,net profit reported to Rs 179.94 crore in the year ended March 2026 as against net loss of Rs 90.10 crore during the previous year ended March 2025. Sales rose 54.60% to Rs 890.71 crore in the year ended March 2026 as against Rs 576.13 crore during the previous year ended March 2025. Particulars Quarter Ended Year Ended Mar. 2026 Mar. 2025 % Var. Mar. 2026 Mar. 2025 % Var. Sales 248.71 167.23 49 890.71 576.13 55 OPM % 32.93 33.88 - 39.89 40.18 - PBDT 104.17 59.46 75 407.18 251.95 62 PBT 88.53 48.80 81 347.95 210.78 65 NP -14.36 -209.17 93 179.94 -90.10 LP Powered by Capital Market - Live News

Deep Industries reports standalone net loss of Rs 49.89 crore in the March 2026 quarter

15 May 2026

Sales rise 25.79% to Rs 171.62 crore

Net Loss of Deep Industries reported to Rs 49.89 crore in the quarter ended March 2026 as against net loss of Rs 208.33 crore during the previous quarter ended March 2025. Sales rose 25.79% to Rs 171.62 crore in the quarter ended March 2026 as against Rs 136.43 crore during the previous quarter ended March 2025. For the full year,net profit reported to Rs 97.48 crore in the year ended March 2026 as against net loss of Rs 115.43 crore during the previous year ended March 2025. Sales rose 47.22% to Rs 702.96 crore in the year ended March 2026 as against Rs 477.48 crore during the previous year ended March 2025. Particulars Quarter Ended Year Ended Mar. 2026 Mar. 2025 % Var. Mar. 2026 Mar. 2025 % Var. Sales 171.62 136.43 26 702.96 477.48 47 OPM % 37.38 36.99 - 37.50 39.93 - PBDT 70.20 57.73 22 299.42 214.10 40 PBT 59.86 47.60 26 256.58 174.27 47 NP -49.89 -208.33 76 97.48 -115.43 LP Powered by Capital Market - Live News

Deep Industries consolidated net profit rises 56.07% in the December 2025 quarter

5 Feb 2026

Sales rise 43.06% to Rs 221.50 crore

Net profit of Deep Industries rose 56.07% to Rs 68.06 crore in the quarter ended December 2025 as against Rs 43.61 crore during the previous quarter ended December 2024. Sales rose 43.06% to Rs 221.50 crore in the quarter ended December 2025 as against Rs 154.83 crore during the previous quarter ended December 2024. Particulars Quarter Ended Dec. 2025 Dec. 2024 % Var. Sales 221.50 154.83 43 OPM % 45.22 43.11 - PBDT 105.76 72.04 47 PBT 90.11 61.59 46 NP 68.06 43.61 56 Powered by Capital Market - Live News