Deep Industries has filed its Business Responsibility and Sustainability Report (BRSR) for the financial year ended March 31, 2026, with the Bombay Stock Exchange (BSE) and the National Stock Exchange of India (NSE). The submission, dated August 7, 2026, complies with Regulation 34(2) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The report provides stakeholders with a comprehensive overview of the company’s environmental, social, and governance (ESG) performance on a standalone basis.

The filing was authorized by Rohan Vasantkumar Shah, Whole-time Director and Chief Financial Officer. Deep Industries disclosed a total turnover of ₹7,02,96,17,038 and a net worth of ₹16,63,23,38,009 for FY26. The company operates primarily in the oil and gas field services sector, with natural gas compression/processing services contributing 58% of turnover and workover and drilling rig services accounting for 42%. Exports constituted 3.12% of the total turnover.

Workforce and Human Capital

As of March 31, 2026, Deep Industries employed a total workforce of 1,860 individuals, comprising 227 employees and 1,633 workers. The employee base included 29 permanent staff and 198 non-permanent staff, while the worker category consisted of 809 permanent and 824 non-permanent individuals. Women represented 21.59% of the total employee count but were not present in the worker category. The Board of Directors includes one female director (16.67%), and Key Managerial Personnel (KMP) include one female member (25%).

The company reported a turnover rate of 6.85% for permanent employees and 14.39% for permanent workers in FY26. Training coverage reached 100% for all employees regarding health and skill upgradation. For workers, 100% received health training, while 14.33% underwent skill upgradation programs.

Environmental Disclosures

Deep Industries reported total energy consumption of 165,059.02 GJ in FY26, an increase from 131,684.12 GJ in FY25. This comprised 876.02 GJ of electricity and 164,183 GJ of fuel. Water withdrawal totaled 2,43,157 kilolitres, primarily sourced from groundwater (2,20,443 kilolitres) and third-party sources (22,714 kilolitres).

Greenhouse gas emissions (Scope 1) stood at 11,579 metric tonnes of CO₂ equivalent, up from 9,235 metric tonnes in the previous year. Air emissions included 228.71 tonnes of NOx and 36.55 kg of particulate matter. The company stated it does not have any reportable waste generation as it operates in the service industry, though it adheres to applicable waste management regulations.

Governance and Related Party Transactions

The company highlighted its adherence to anti-corruption policies and reported no penalties, fines, or disciplinary actions against directors, KMPs, employees, or workers during FY26. No complaints were received regarding conflict of interest or sexual harassment.

Related party transactions showed increased engagement in FY26 compared to FY25. Purchases from related parties rose to 11.60% of total purchases, while sales to related parties increased to 6.45% of total sales. Loans and advances given to related parties accounted for 77.19% of total loans and advances, and investments in related parties represented 9.18% of total investments.

What the Numbers Show

A notable shift in operational focus is visible in the related party transaction metrics, where the share of loans and advances to related parties exceeded three-quarters of the total portfolio at 77.19%. This high concentration suggests significant internal capital deployment within the group structure, which investors should monitor alongside the company’s external liquidity position. Additionally, the rise in Scope 1 emissions aligns with the increased fuel consumption, reflecting the energy-intensive nature of its drilling and compression services.

Deep Industries will hold its 20th Annual General Meeting (AGM) on Tuesday, September 1, 2026, at 11:00 a.m. IST via Video Conferencing or Other Audio-Visual Means to seek shareholder approval for a final dividend of ₹2.50 per share, the introduction of the Deep Industries Limited Employee Stock Option Scheme 2026, and related party transactions (RPTs) estimated at up to ₹670 crore. The meeting is critical for finalizing the company’s FY26 dividend payout, implementing its new talent retention strategy through ESOPs, and securing long-term intra-group financial arrangements essential for operational expansion.

The notice for the AGM was issued pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Register of Members and Share Transfer Books will remain closed from Wednesday, August 26, 2026, to Tuesday, September 1, 2026, inclusive, as per Regulation 42 of the SEBI Listing Regulations. The cut-off date to determine voting entitlements has been fixed as Tuesday, August 25, 2026, under Regulation 44. Remote e-voting will be facilitated by MUFG Intime India Private Limited.

AGM Schedule and E-Voting Details

Shareholders can cast their votes electronically between August 28 and August 31, 2026. The results will be declared by the Chairman within two working days of the AGM's conclusion.

Key Resolutions and Financial Approvals

The Board of Directors, led by Whole-time Director & CFO Rohan Vasantkumar Shah, has recommended several key resolutions:

• Final Dividend: Approval of a ₹2.50 per equity share final dividend for FY26, representing a 50% payout on the ₹5 face value. This results in an estimated cash outflow of ₹1,600 Lakhs.
• ESOP Scheme: A special resolution to approve the DIL ESOP Scheme 2026, allowing grants of up to 15,00,000 options. Vesting occurs over four years, subject to performance criteria including revenue, EBITDA, and free cash flow.
• Related Party Transactions: Approval for RPTs with subsidiaries Dolphin Offshore Enterprises (India) Limited (DOEIL) and Beluga International (IFSC) Private Limited, valued at up to ₹120 crore and ₹350 crore respectively. Additional transactions with Deep Exploration Services Private Limited (DESPL), RAAS Equipment Private Limited, and Deep Methane Private Limited are estimated up to ₹100 crore and ₹180 crore respectively.
• Director Re-appointment: Re-appointment of Rohan Vasantkumar Shah, who retires by rotation.
• Executive Remuneration: Approval of remuneration for Shail Manoj Savla as President, effective October 1, 2026, including a salary of up to ₹6 lakh per month.

FY26 Financial Performance Context

The approvals come against a backdrop of strong financial recovery in FY26. Consolidated revenue from operations rose to ₹89,071.39 Lakhs from ₹57,613.01 Lakhs in FY25, while consolidated net profit turned positive at ₹19,705.99 Lakhs compared to a loss of ₹7,876.18 Lakhs previously. Standalone revenue increased to ₹70,296.17 Lakhs, with net profit improving to ₹9,748.19 Lakhs from a loss of ₹11,543.32 Lakhs.

Strategic Developments

During FY26, Deep Industries merged Kandla Energy & Chemicals Limited into the parent company effective March 30, 2026, following NCLT sanction. The company also acquired a 70% stake in Deep Natural Resources Limited on December 2, 2025, and incorporated Beluga International (IFSC) Private Limited in GIFT City for ship leasing business. Additionally, the company secured a ₹1,402 crore, 15-year Production Enhancement Contract from ONGC.