Deep Industries Limited has published its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The Deep Industries Board of Directors approved the financial statements during a meeting held on July 27, 2026. The results were subsequently published in the newspapers Business Standard (English) and Jai Hind (Gujarati) on July 29, 2026, in compliance with regulatory disclosure norms.

The publication adheres to Regulation 47 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company also uploaded the intimation and the QR code linking to the full format of the financial results on its official website, www.deepindustries.com .

Regulatory Compliance

The disclosure was made to the Corporate Relations Departments of both the Bombay Stock Exchange (BSE) and the National Stock Exchange of India (NSE). Shilpa Sharma, Company Secretary & Compliance Officer, signed the intimation letter addressed to the exchanges. The company requested the exchanges to take the information on record.

Accessing Financial Data

While the press release confirms the approval and publication of the results, it does not contain specific financial metrics such as revenue or net profit figures. Investors and stakeholders are directed to scan the QR code provided in the newspaper advertisement or visit the company’s website to access the detailed standalone and consolidated financial statements for Q1FY26.

Deep Industries reported a 44.48% year-on-year increase in consolidated net profit to ₹89.14 Cr for Q1FY27, driven by a 39.81% surge in operating revenue to ₹278.92 Cr. The company’s closing running order book stood at ₹3,047 Cr as of June 30, 2026, reflecting consistent demand across its onshore and offshore oil and gas support services. In a significant development for shareholders, the Board of Directors fixed Friday, August 21, 2026, as the record date for the declaration of the Final Dividend for FY26, pending shareholder approval at the ensuing Annual General Meeting.

Financial Performance

Consolidated operating revenue rose to ₹278.92 Cr in Q1FY27 from ₹199.50 Cr in the prior year quarter. Total income increased by 42.11% to ₹302.60 Cr. Consolidated EBITDA grew by 38.73% to ₹131.83 Cr, though the margin contracted slightly to 43.56% from 44.63%. Cash PAT grew by 45.23% to ₹113.40 Cr from ₹78.08 Cr. In the standalone segment, revenue from operations remained relatively flat at ₹171.78 Cr compared to the restated ₹172.60 Cr in Q1FY26, due to merger-related adjustments with Kandla Energy and Chemicals Limited. However, standalone net profit improved significantly to ₹55.18 Cr from ₹46.64 Cr.

The divergence between standalone and consolidated performance highlights the significant contribution of overseas subsidiaries. Foreign entities such as Deep International DMCC and SAAR International FZ-LLC contributed substantially to the consolidated growth. Statutory auditors M/s Mahendra N. Shah & Co. noted an Expected Credit Loss provision of ₹111.05 million in their review report.

Order Book and Business Outlook

The company reported a revolving order book of ₹3,007 Cr as of April 1, 2026. During Q1FY27, new orders added ₹319 Cr, while executed orders amounted to ₹279 Cr, resulting in a closing running order book of ₹3,047 Cr as of June 30, 2026. Deep Industries has expanded into offshore oil and gas support services through its acquisition of a 75% stake in Dolphin Offshore (Enterprises) India Limited. The dynamically positioned DP2 barge, Prabha-DP2, owned by Beluga International DMCC (a subsidiary of Dolphin Offshore), has commenced revenue generation. The industry outlook remains positive, with the government targeting US$100 bn in E&P investment by 2030 and offering new acreage blocks.

Corporate Developments

The Board approved the DIL ESOP 2026, empowering the company to grant up to 1.5 million equity options to eligible employees under the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021. Options will vest between one and five years from the grant date, with an exercise price determined by the Nomination and Remuneration Committee, not less than the face value of ₹5 per share. Additionally, the Board altered the Articles of Association to enable share issuance under employee benefit schemes. Mr. Rajeev Kumar Sinha was appointed as Senior Management Personnel effective August 1, 2026, while Shilpa Sharma resigned as Company Secretary effective July 31, 2026.

What the Numbers Show

While standalone revenue remained flat due to merger-related restatements, consolidated revenue surged 39.81%, indicating robust performance from international operations and new offshore ventures. The improvement in standalone net profit despite flat revenue suggests operational efficiency gains or favorable cost structures post-merger integration. The stable order book, despite significant execution, underscores sustained demand for Deep Industries’ specialized services in natural gas compression, dehydration, and integrated project management.