Deep Industries
Deep Industries Q1 FY27 Results & Concall Highlights: Revenue, Margins & Order Book
Q1 FY27 earnings call: what management guided on revenue, margins and order book.
What the Q1 FY27 call signalled
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The short version
Stand-alone business revenue expected to grow by 18% to 20% in the current financial year (FY27) starting Q2 onwards due to new contracts in gas compression and processing. Deep Industries expects strong growth in profits, targeting INR 450-500 crores profit in FY28 (Page 9).
From Deep Industries's Q1 FY27 earnings-call transcript · updated 25 Aug 2026.
Revenue & Sales Performance
- Stand-alone business revenue expected to grow by 18% to 20% in the current financial year (FY27) starting Q2 onwards due to new contracts in gas compression and processing.
- Consolidated growth anticipated to exceed 25% in FY27.
- Existing order book of INR3,047 crores, with about INR800 crores to be executed in FY27; the traditional onshore business order book (excluding PEC and Dolphin) of around INR1,450 crores supports growth.
- Order intake trend of adding contracts equivalent to execution rate expected to continue, possibly with larger contracts forthcoming.
- Offshore segment to grow significantly over next 2-3 years with expansion of fleet beyond current 2 fully utilized assets.
- Production enhancement contracts expected to contribute approximately INR150+ crores in revenue in FY28 from a single field.
- New wells and incremental production under production enhancement contracts to start contributing from late FY27 to FY28.
- Overall, momentum and market conditions support sustained top-line and volume growth in near future.
Profitability & Margins
See what Deep Industries said on profitability & margins — free account, 30 seconds.
Capital Expenditure Plans
- **Higher Capacity Drilling Rigs:** Planning to add higher capacity drilling rigs if awarded contracts; estimated capex for FY27 around INR 250-300 crores, funded by debt and internal accruals.
- **Production Enhancement Capex:** Capex of approximately INR 150 crores targeted by March 2027 to support incremental production under production enhancement contract.
- **Kandla Manufacturing Facility:** Minimal capex of INR 10-15 crores planned to revive Kandla plant for backward integration, improving operating margins; no debt planned for this.
- **Offshore Fleet Expansion:** Disciplined, contract-backed fleet expansion strategy; capex only upon securing firm contracts. Currently, two offshore assets deployed with plans to add more.
- **Green Hydrogen and New Initiatives:** Actively evaluating green hydrogen and geothermal energy projects; no specific capex mentioned yet as still exploring opportunities.
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Ranked on what management guided this quarter
Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.
Fundraising & Capital Structure
See what Deep Industries said on fundraising & capital structure — free account, 30 seconds.
Order Book & Pipeline
- As of June 30, 2026, the outstanding order book stands at INR 3,047 crores.
- About INR 800 crores of this order book is planned to be executed in the next 9 months (FY27).
- More than 60% of the order book value is expected to be executed over the next 2 to 2.5 years.
- The order intake over the past 4-5 quarters has been roughly at a similar rate as execution.
- The company expects this order addition and execution run rate to continue, with potential addition of larger contracts in the future.
- Traditional onshore business order book (excluding PEC and Dolphin orders) stands at around INR 1,450 crores with an execution timeline of approximately 2.5 years.
- The bidding pipeline currently hovers around INR 700 to 800 crores, with new tenders expected for production enhancement contracts and offshore service opportunities.
Deep Industries — Quarterly revenue & net profit
Reported quarterly figures (₹ Cr). Latest: revenue ₹249 Cr, net loss ₹7 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.
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What Deep Industries Ltd's management said in earlier quarters
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Frequently Asked Questions
What were Deep Industries Q1 FY27 results?
Stand-alone business revenue expected to grow by 18% to 20% in the current financial year (FY27) starting Q2 onwards due to new contracts in gas compression and processing. Deep Industries expects strong growth in profits, targeting INR 450-500 crores profit in FY28 (Page 9).
What is Deep Industries share price analysis?
Deep Industries currently shows a moderate growth signal based on ranking data. The stock trades at a P/E of 10.6 with a market cap of ₹4,404 Cr. Investors should review the full earnings analysis for detailed insights.
Is Deep Industries planning capital expenditure?
Higher Capacity Drilling Rigs:** Planning to add higher capacity drilling rigs if awarded contracts; estimated capex for FY27 around INR 250-300 crores, funded by debt and internal accruals.
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This analysis is AI-generated based on publicly available earnings data and concall transcripts. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.