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Deep Industries share price today

Deep Industries Ltd · NSE: DEEPINDS · Oil Drilling & Exploration · price as of the 4 November 2026 close, updated every trading day · results updated weekly · research updated 30 September 2026

Deep Industries share price today: ₹651.75 at the NSE close on 4 November 2026, up 27.2% in a year. Deep Industries (NSE: DEEPINDS) is worth ₹4,168 crore, trades at a P/E of 10.1 and has closed between ₹331.55 and ₹786.45 over the past 52 weeks. Latest change: revenue up on a year earlier for 11 quarters in a row (every quarter we can compare).

MixedBusiness trend from fewer quarters than usual
₹651.75Price +27.2% in a year
10.1×P/E lower than 81% of the last 5.3 years
₹279 CrRevenue (Jun 2026) +39.5% on a year ago
₹89.0 CrProfit (Jun 2026) +43.5% on a year ago
39.0%Operating margin −2.0 points on a year ago
16%ROCE FY26
137%Profit that came in as cash last 3 years

Deep Industries Ltd's multiple is near its low because earnings grew even faster than a 9× rise in the share price over five years. The multiple is low because of growth, not neglect. Results are still improving, and its P/E is higher than only 19% of its own 5-year history.

Biggest thing to watch: the price has already been rising for 24 weeks, so timing is the risk more than the business.

The price has been rising for 24 weeks, and the P/E is lower than 81% of its own last 5.3 years. Over the last four quarters, results have been improving, with profit +43.5% on a year earlier, and 137% of the last 3 years' profit came in as cash. What will decide it: the next one or two quarters of results.

Left out of this page: Its two data sources disagree by up to 98% on reported income across 15 comparable periods, so nothing from the second source is shown here. That is why the quarterly PEG curve, the quarterly return curves, the yearly return-on-capital-used (ROIC) line, the total-debt and debt-to-equity series and the F-score and the return-on-capital-used (ROIC) reading are missing. When two sources disagree on a figure, we leave it out on purpose. The gap is a choice, not missing data. The quarterly history also starts where the main source starts: 6 earlier quarters from the second source are not added in front of it. Adding to a profit history needs a source that has been checked.

What is the Deep Industries share price today?

Deep Industries Ltd's share price was ₹651.75 at the close on 4 November 2026. It has been rising for 24 weeks. That is 12.4% above its average price over the last 200 trading days. In the last 52 weeks it traded between ₹332 and ₹786, and at that close it sat 70% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Deep Industries Ltd is in stage 2. The phase helps read everything below.

Over the past 13 weeks it has done better than the NIFTY 500, and it has stayed ahead for 16 weeks in a row.

1Y

Nov 2026: ₹652, 12.4% above its 200-day average. The price has been rising for 24 weeks.

  • Price ₹652
  • 50-day avg ₹704
  • 200-day avg ₹580
Nov 2026: ₹652, 12.4% above its 200-day average. The price has been rising for 24 weeks.
WeekPrice50-day avg200-day avg
31 Oct 2025₹483₹497₹480
7 Nov 2025₹513₹498₹480
14 Nov 2025₹476₹495₹480
21 Nov 2025₹480₹493₹481
28 Nov 2025₹459₹487₹480
5 Dec 2025₹432₹479₹478
12 Dec 2025₹441₹470₹476
19 Dec 2025₹444₹466₹474
26 Dec 2025₹440₹463₹473
2 Jan 2026₹455₹462₹472
9 Jan 2026₹402₹453₹469
16 Jan 2026₹376₹443₹466
23 Jan 2026₹345₹427₹461
1 Feb 2026₹363₹415₹456
6 Feb 2026₹403₹412₹453
13 Feb 2026₹383₹409₹450
20 Feb 2026₹373₹404₹447
27 Feb 2026₹347₹395₹442
6 Mar 2026₹338₹389₹439
13 Mar 2026₹332₹380₹434
20 Mar 2026₹410₹379₹431
27 Mar 2026₹433₹384₹430
2 Apr 2026₹439₹390₹431
10 Apr 2026₹457₹402₹432
17 Apr 2026₹477₹413₹434
24 Apr 2026₹496₹426₹436
30 Apr 2026₹486₹435₹438
8 May 2026₹457₹441₹439
15 May 2026₹446₹444₹440
22 May 2026₹469₹448₹442
29 May 2026₹477₹452₹443
4 Jun 2026₹525₹461₹446
5 Jun 2026₹532₹464₹447
9 Jun 2026₹519₹468₹448
10 Jun 2026₹498₹469₹448
12 Jun 2026₹495₹471₹449
17 Jun 2026₹493₹474₹451
19 Jun 2026₹487₹475₹452
24 Jun 2026₹485₹477₹453
25 Jun 2026₹475₹477₹453
1 Jul 2026₹455₹474₹453
3 Jul 2026₹463₹473₹453
10 Jul 2026₹465₹470₹453
17 Jul 2026₹476₹469₹454
24 Jul 2026₹480₹470₹455
31 Jul 2026₹597₹483₹459
7 Aug 2026₹639₹512₹468
14 Aug 2026₹669₹541₹478
21 Aug 2026₹688₹566₹488
28 Aug 2026₹674₹585₹496
4 Sep 2026₹786₹609₹507
11 Sep 2026₹774₹642₹521
18 Sep 2026₹743₹656₹529
25 Sep 2026₹781₹675₹541
28 Sep 2026₹766₹679₹543
1 Oct 2026₹749₹688₹550
9 Oct 2026₹746₹702₹560
16 Oct 2026₹753₹713₹570
23 Oct 2026₹674₹710₹575
30 Oct 2026₹668₹704₹580
4 Nov 2026₹652₹704₹580
Weekly closing price (₹) with its 50-day and 200-day averages. The strip under the chart shows the phase: tan sideways, green rising, yellow stalling near a high, orange falling. 1-year window.

3Y

Nov 2026: ₹652, 12.4% above its 200-day average. The price has been rising for 24 weeks.

  • Price ₹652
  • 50-day avg ₹704
  • 200-day avg ₹580
Nov 2026: ₹652, 12.4% above its 200-day average. The price has been rising for 24 weeks.
WeekPrice50-day avg200-day avg
3 Nov 2023₹256₹260₹208
12 Nov 2023₹247₹258₹210
17 Nov 2023₹254₹257₹212
24 Nov 2023₹264₹258₹214
1 Dec 2023₹269₹260₹217
8 Dec 2023₹268₹262₹219
15 Dec 2023₹256₹261₹221
22 Dec 2023₹252₹259₹222
29 Dec 2023₹256₹258₹224
5 Jan 2024₹256₹257₹225
12 Jan 2024₹256₹257₹227
20 Jan 2024₹255₹258₹229
25 Jan 2024₹247₹257₹229
2 Feb 2024₹250₹257₹230
9 Feb 2024₹255₹256₹232
16 Feb 2024₹247₹253₹232
23 Feb 2024₹248₹252₹233
2 Mar 2024₹252₹252₹234
7 Mar 2024₹262₹253₹235
15 Mar 2024₹263₹254₹236
22 Mar 2024₹290₹256₹237
28 Mar 2024₹309₹261₹239
5 Apr 2024₹320₹271₹243
12 Apr 2024₹303₹276₹245
19 Apr 2024₹297₹279₹248
26 Apr 2024₹291₹282₹250
3 May 2024₹277₹282₹251
10 May 2024₹309₹285₹253
18 May 2024₹294₹288₹256
24 May 2024₹288₹289₹258
31 May 2024₹277₹287₹259
7 Jun 2024₹287₹286₹260
14 Jun 2024₹296₹288₹261
21 Jun 2024₹297₹289₹263
28 Jun 2024₹290₹290₹264
5 Jul 2024₹290₹289₹265
12 Jul 2024₹318₹293₹268
19 Jul 2024₹296₹296₹269
26 Jul 2024₹308₹297₹271
2 Aug 2024₹327₹301₹273
9 Aug 2024₹331₹305₹276
16 Aug 2024₹313₹306₹277
23 Aug 2024₹367₹315₹281
30 Aug 2024₹377₹326₹286
6 Sep 2024₹397₹339₹291
13 Sep 2024₹443₹359₹299
20 Sep 2024₹422₹371₹305
27 Sep 2024₹440₹385₹312
4 Oct 2024₹428₹392₹317
11 Oct 2024₹492₹404₹323
18 Oct 2024₹479₹420₹332
25 Oct 2024₹432₹424₹337
1 Nov 2024₹492₹432₹343
8 Nov 2024₹496₹444₹351
14 Nov 2024₹479₹450₹356
22 Nov 2024₹504₹457₹362
29 Nov 2024₹563₹471₹370
6 Dec 2024₹561₹488₹380
13 Dec 2024₹571₹503₹389
20 Dec 2024₹581₹520₹399
27 Dec 2024₹551₹526₹405
3 Jan 2025₹590₹533₹413
10 Jan 2025₹573₹543₹422
17 Jan 2025₹586₹545₹428
24 Jan 2025₹526₹547₹434
1 Feb 2025₹560₹543₹440
7 Feb 2025₹575₹545₹445
14 Feb 2025₹471₹539₹449
21 Feb 2025₹486₹529₹450
28 Feb 2025₹434₹521₹451
7 Mar 2025₹474₹507₹451
13 Mar 2025₹451₹500₹451
21 Mar 2025₹500₹497₹453
28 Mar 2025₹501₹497₹455
4 Apr 2025₹468₹496₹456
11 Apr 2025₹469₹490₹456
17 Apr 2025₹485₹490₹457
25 Apr 2025₹460₹488₹458
2 May 2025₹424₹481₹458
9 May 2025₹393₹468₹455
16 May 2025₹445₹461₹454
23 May 2025₹426₹455₹453
30 May 2025₹431₹449₹451
6 Jun 2025₹421₹444₹450
13 Jun 2025₹443₹442₹449
20 Jun 2025₹429₹439₹448
27 Jun 2025₹446₹440₹448
4 Jul 2025₹454₹442₹448
11 Jul 2025₹451₹442₹448
18 Jul 2025₹477₹447₹449
25 Jul 2025₹451₹451₹450
1 Aug 2025₹482₹453₹450
8 Aug 2025₹533₹466₹454
14 Aug 2025₹525₹477₹457
22 Aug 2025₹551₹491₹462
29 Aug 2025₹537₹498₹465
5 Sep 2025₹549₹509₹469
12 Sep 2025₹533₹514₹473
19 Sep 2025₹536₹519₹476
26 Sep 2025₹501₹520₹479
3 Oct 2025₹508₹516₹479
10 Oct 2025₹487₹512₹480
17 Oct 2025₹483₹506₹480
24 Oct 2025₹473₹502₹480
31 Oct 2025₹483₹497₹480
7 Nov 2025₹513₹498₹480
14 Nov 2025₹476₹495₹480
21 Nov 2025₹480₹493₹481
28 Nov 2025₹459₹487₹480
5 Dec 2025₹432₹479₹478
12 Dec 2025₹441₹470₹476
19 Dec 2025₹444₹466₹474
26 Dec 2025₹440₹463₹473
2 Jan 2026₹455₹462₹472
9 Jan 2026₹402₹453₹469
16 Jan 2026₹376₹443₹466
23 Jan 2026₹345₹427₹461
1 Feb 2026₹363₹415₹456
6 Feb 2026₹403₹412₹453
13 Feb 2026₹383₹409₹450
20 Feb 2026₹373₹404₹447
27 Feb 2026₹347₹395₹442
6 Mar 2026₹338₹389₹439
13 Mar 2026₹332₹380₹434
20 Mar 2026₹410₹379₹431
27 Mar 2026₹433₹384₹430
2 Apr 2026₹439₹390₹431
10 Apr 2026₹457₹402₹432
17 Apr 2026₹477₹413₹434
24 Apr 2026₹496₹426₹436
30 Apr 2026₹486₹435₹438
8 May 2026₹457₹441₹439
15 May 2026₹446₹444₹440
22 May 2026₹469₹448₹442
29 May 2026₹477₹452₹443
4 Jun 2026₹525₹461₹446
5 Jun 2026₹532₹464₹447
9 Jun 2026₹519₹468₹448
10 Jun 2026₹498₹469₹448
12 Jun 2026₹495₹471₹449
17 Jun 2026₹493₹474₹451
19 Jun 2026₹487₹475₹452
24 Jun 2026₹485₹477₹453
25 Jun 2026₹475₹477₹453
1 Jul 2026₹455₹474₹453
3 Jul 2026₹463₹473₹453
10 Jul 2026₹465₹470₹453
17 Jul 2026₹476₹469₹454
24 Jul 2026₹480₹470₹455
31 Jul 2026₹597₹483₹459
7 Aug 2026₹639₹512₹468
14 Aug 2026₹669₹541₹478
21 Aug 2026₹688₹566₹488
28 Aug 2026₹674₹585₹496
4 Sep 2026₹786₹609₹507
11 Sep 2026₹774₹642₹521
18 Sep 2026₹743₹656₹529
25 Sep 2026₹781₹675₹541
28 Sep 2026₹766₹679₹543
1 Oct 2026₹749₹688₹550
9 Oct 2026₹746₹702₹560
16 Oct 2026₹753₹713₹570
23 Oct 2026₹674₹710₹575
30 Oct 2026₹668₹704₹580
4 Nov 2026₹652₹704₹580
Weekly closing price (₹) with its 50-day and 200-day averages. The strip under the chart shows the phase: tan sideways, green rising, yellow stalling near a high, orange falling. 3-year window.

5Y

Nov 2026: ₹652, 12.4% above its 200-day average. The price has been rising for 24 weeks.

  • Price ₹652
  • 50-day avg ₹704
  • 200-day avg ₹580
Nov 2026: ₹652, 12.4% above its 200-day average. The price has been rising for 24 weeks.
WeekPrice50-day avg200-day avg
29 Oct 2021₹67₹69₹48
12 Nov 2021₹77₹71₹50
26 Nov 2021₹72₹73₹52
10 Dec 2021₹75₹73₹54
24 Dec 2021₹72₹72₹56
7 Jan 2022₹87₹75₹58
21 Jan 2022₹94₹81₹61
4 Feb 2022₹92₹85₹64
18 Feb 2022₹98₹89₹67
4 Mar 2022₹90₹90₹70
17 Mar 2022₹95₹90₹71
1 Apr 2022₹117₹95₹74
13 Apr 2022₹135₹103₹78
29 Apr 2022₹131₹113₹83
13 May 2022₹111₹113₹86
27 May 2022₹100₹112₹88
10 Jun 2022₹113₹112₹91
24 Jun 2022₹101₹109₹92
8 Jul 2022₹97₹105₹92
22 Jul 2022₹103₹103₹93
5 Aug 2022₹97₹101₹93
19 Aug 2022₹97₹100₹94
2 Sep 2022₹113₹102₹95
16 Sep 2022₹124₹106₹97
30 Sep 2022₹127₹114₹100
14 Oct 2022₹150₹124₹104
28 Oct 2022₹154₹132₹108
11 Nov 2022₹130₹135₹111
25 Nov 2022₹132₹133₹112
9 Dec 2022₹120₹131₹114
23 Dec 2022₹122₹131₹116
6 Jan 2023₹141₹134₹118
20 Jan 2023₹154₹138₹121
3 Feb 2023₹146₹141₹123
17 Feb 2023₹143₹142₹125
3 Mar 2023₹136₹140₹126
17 Mar 2023₹132₹138₹127
31 Mar 2023₹134₹136₹127
13 Apr 2023₹144₹138₹128
28 Apr 2023₹170₹146₹131
12 May 2023₹164₹152₹134
26 May 2023₹184₹157₹137
9 Jun 2023₹178₹163₹141
23 Jun 2023₹173₹168₹144
7 Jul 2023₹197₹171₹147
21 Jul 2023₹219₹184₹153
4 Aug 2023₹242₹197₹160
18 Aug 2023₹269₹215₹168
1 Sep 2023₹244₹229₹177
15 Sep 2023₹260₹238₹184
29 Sep 2023₹267₹245₹191
13 Oct 2023₹285₹258₹199
27 Oct 2023₹263₹260₹205
12 Nov 2023₹247₹258₹210
24 Nov 2023₹264₹258₹214
8 Dec 2023₹268₹262₹219
22 Dec 2023₹252₹259₹222
5 Jan 2024₹256₹257₹225
20 Jan 2024₹255₹258₹229
2 Feb 2024₹250₹257₹230
16 Feb 2024₹247₹253₹232
2 Mar 2024₹252₹252₹234
15 Mar 2024₹263₹254₹236
28 Mar 2024₹309₹261₹239
12 Apr 2024₹303₹276₹245
26 Apr 2024₹291₹282₹250
10 May 2024₹309₹285₹253
24 May 2024₹288₹289₹258
7 Jun 2024₹287₹286₹260
21 Jun 2024₹297₹289₹263
5 Jul 2024₹290₹289₹265
19 Jul 2024₹296₹296₹269
2 Aug 2024₹327₹301₹273
16 Aug 2024₹313₹306₹277
30 Aug 2024₹377₹326₹286
13 Sep 2024₹443₹359₹299
27 Sep 2024₹440₹385₹312
11 Oct 2024₹492₹404₹323
25 Oct 2024₹432₹424₹337
8 Nov 2024₹496₹444₹351
22 Nov 2024₹504₹457₹362
6 Dec 2024₹561₹488₹380
20 Dec 2024₹581₹520₹399
3 Jan 2025₹590₹533₹413
17 Jan 2025₹586₹545₹428
1 Feb 2025₹560₹543₹440
14 Feb 2025₹471₹539₹449
28 Feb 2025₹434₹521₹451
13 Mar 2025₹451₹500₹451
28 Mar 2025₹501₹497₹455
11 Apr 2025₹469₹490₹456
25 Apr 2025₹460₹488₹458
9 May 2025₹393₹468₹455
23 May 2025₹426₹455₹453
6 Jun 2025₹421₹444₹450
20 Jun 2025₹429₹439₹448
4 Jul 2025₹454₹442₹448
18 Jul 2025₹477₹447₹449
1 Aug 2025₹482₹453₹450
14 Aug 2025₹525₹477₹457
29 Aug 2025₹537₹498₹465
12 Sep 2025₹533₹514₹473
26 Sep 2025₹501₹520₹479
10 Oct 2025₹487₹512₹480
24 Oct 2025₹473₹502₹480
7 Nov 2025₹513₹498₹480
21 Nov 2025₹480₹493₹481
5 Dec 2025₹432₹479₹478
19 Dec 2025₹444₹466₹474
2 Jan 2026₹455₹462₹472
16 Jan 2026₹376₹443₹466
1 Feb 2026₹363₹415₹456
13 Feb 2026₹383₹409₹450
27 Feb 2026₹347₹395₹442
13 Mar 2026₹332₹380₹434
27 Mar 2026₹433₹384₹430
10 Apr 2026₹457₹402₹432
24 Apr 2026₹496₹426₹436
8 May 2026₹457₹441₹439
22 May 2026₹469₹448₹442
4 Jun 2026₹525₹461₹446
9 Jun 2026₹519₹468₹448
12 Jun 2026₹495₹471₹449
19 Jun 2026₹487₹475₹452
25 Jun 2026₹475₹477₹453
3 Jul 2026₹463₹473₹453
17 Jul 2026₹476₹469₹454
31 Jul 2026₹597₹483₹459
14 Aug 2026₹669₹541₹478
28 Aug 2026₹674₹585₹496
11 Sep 2026₹774₹642₹521
25 Sep 2026₹781₹675₹541
1 Oct 2026₹749₹688₹550
16 Oct 2026₹753₹713₹570
30 Oct 2026₹668₹704₹580
4 Nov 2026₹652₹704₹580
Weekly closing price (₹) with its 50-day and 200-day averages. The strip under the chart shows the phase: tan sideways, green rising, yellow stalling near a high, orange falling. 5-year window.

Price stage: Rising from Oct 2025 to Dec 2025; Falling from Dec 2025 to May 2026; Rising from Jun 2026 to Oct 2026.

Price stage: Rising from Nov 2023 to May 2025; Falling from Jun 2025 to Aug 2025; Rising from Aug 2025 to Dec 2025; Falling from Dec 2025 to May 2026; Rising from Jun 2026 to Oct 2026.

Price stage: Rising from Oct 2021 to May 2025; Falling from Jun 2025 to Aug 2025; Rising from Aug 2025 to Dec 2025; Falling from Dec 2025 to May 2026; Rising from Jun 2026 to Oct 2026.

Week by week since 2021: did it beat the NIFTY 500 over the past 13 weeks?

Ahead in 188 of 283 weeks

Week by week since 2021: did it beat the NIFTY 500 over the past 13 weeks?
Week13-week return vs NIFTY 500
30 Apr 2021no NIFTY 500 reading
7 May 2021no NIFTY 500 reading
14 May 2021no NIFTY 500 reading
21 May 2021no NIFTY 500 reading
28 May 2021no NIFTY 500 reading
4 Jun 2021no NIFTY 500 reading
11 Jun 2021no NIFTY 500 reading
18 Jun 2021no NIFTY 500 reading
25 Jun 2021no NIFTY 500 reading
2 Jul 2021no NIFTY 500 reading
9 Jul 2021no NIFTY 500 reading
16 Jul 2021no NIFTY 500 reading
23 Jul 2021no NIFTY 500 reading
30 Jul 2021+127.9%
6 Aug 2021+87.5%
13 Aug 2021+74.8%
20 Aug 2021+91.4%
27 Aug 2021+104.7%
3 Sep 2021+89.3%
9 Sep 2021+43.3%
17 Sep 2021+70.1%
24 Sep 2021+66.5%
1 Oct 2021+61.3%
8 Oct 2021+48.1%
14 Oct 2021+50.1%
22 Oct 2021+28.8%
29 Oct 2021+26.6%
4 Nov 2021+28.1%
12 Nov 2021+24.6%
18 Nov 2021+6.5%
26 Nov 2021+4.2%
3 Dec 2021+10.9%
10 Dec 2021+14.5%
17 Dec 2021−1.1%
24 Dec 2021−0.4%
31 Dec 2021+3.1%
7 Jan 2022+7.5%
14 Jan 2022+20.0%
21 Jan 2022+31.6%
28 Jan 2022+40.4%
4 Feb 2022+29.5%
11 Feb 2022+37.1%
18 Feb 2022+30.5%
25 Feb 2022+32.4%
4 Mar 2022+31.4%
11 Mar 2022+21.4%
17 Mar 2022+34.1%
25 Mar 2022+34.8%
1 Apr 2022+49.1%
8 Apr 2022+47.3%
13 Apr 2022+50.0%
22 Apr 2022+42.5%
29 Apr 2022+44.5%
6 May 2022+34.3%
13 May 2022+14.2%
20 May 2022+28.2%
27 May 2022+9.0%
3 Jun 2022+26.6%
10 Jun 2022+34.7%
17 Jun 2022+19.9%
24 Jun 2022+14.6%
1 Jul 2022−4.9%
8 Jul 2022−13.8%
15 Jul 2022−25.4%
22 Jul 2022−19.7%
29 Jul 2022−27.3%
5 Aug 2022−24.8%
12 Aug 2022−22.2%
19 Aug 2022−29.6%
26 Aug 2022−1.2%
2 Sep 2022−10.9%
9 Sep 2022−18.9%
16 Sep 2022+2.4%
23 Sep 2022+18.9%
30 Sep 2022+19.4%
7 Oct 2022+52.3%
14 Oct 2022+51.9%
21 Oct 2022+37.5%
28 Oct 2022+50.0%
4 Nov 2022+45.0%
11 Nov 2022+31.8%
18 Nov 2022+28.5%
25 Nov 2022+19.2%
2 Dec 2022+11.5%
9 Dec 2022+6.3%
16 Dec 2022+8.1%
23 Dec 2022−11.2%
30 Dec 2022+8.2%
6 Jan 2023−12.3%
13 Jan 2023−4.8%
20 Jan 2023+4.3%
27 Jan 2023−3.7%
3 Feb 2023+4.5%
10 Feb 2023+15.2%
17 Feb 2023+17.6%
24 Feb 2023+12.1%
3 Mar 2023+10.8%
10 Mar 2023+21.6%
17 Mar 2023+4.7%
24 Mar 2023+15.5%
31 Mar 2023+0.0%
6 Apr 2023+5.1%
13 Apr 2023+2.2%
21 Apr 2023+9.2%
28 Apr 2023+17.4%
5 May 2023+11.6%
12 May 2023+10.2%
19 May 2023+5.9%
26 May 2023+26.3%
2 Jun 2023+22.2%
9 Jun 2023+21.7%
16 Jun 2023+19.6%
23 Jun 2023+17.5%
30 Jun 2023+16.8%
7 Jul 2023+24.7%
14 Jul 2023+34.9%
21 Jul 2023+18.2%
28 Jul 2023+15.0%
4 Aug 2023+34.5%
11 Aug 2023+51.4%
18 Aug 2023+58.8%
25 Aug 2023+31.2%
1 Sep 2023+30.9%
8 Sep 2023+37.1%
15 Sep 2023+41.7%
22 Sep 2023+41.4%
29 Sep 2023+50.4%
6 Oct 2023+40.1%
13 Oct 2023+30.7%
20 Oct 2023+21.4%
27 Oct 2023+24.1%
3 Nov 2023+4.5%
12 Nov 2023−10.4%
17 Nov 2023−9.6%
24 Nov 2023−2.4%
1 Dec 2023+1.9%
8 Dec 2023−4.3%
15 Dec 2023−9.2%
22 Dec 2023−13.1%
29 Dec 2023−17.2%
5 Jan 2024−22.3%
12 Jan 2024−22.7%
20 Jan 2024−18.8%
25 Jan 2024−24.5%
2 Feb 2024−18.8%
9 Feb 2024−10.1%
16 Feb 2024−16.9%
23 Feb 2024−17.6%
2 Mar 2024−11.3%
7 Mar 2024−6.8%
15 Mar 2024−1.8%
22 Mar 2024+11.1%
28 Mar 2024+13.9%
5 Apr 2024+17.8%
12 Apr 2024+13.6%
19 Apr 2024+9.8%
26 Apr 2024+11.5%
3 May 2024+7.8%
10 May 2024+17.3%
18 May 2024+13.5%
24 May 2024+9.9%
31 May 2024+2.8%
7 Jun 2024−2.4%
14 Jun 2024−0.4%
21 Jun 2024−9.2%
28 Jun 2024−16.8%
5 Jul 2024−19.3%
12 Jul 2024−8.5%
19 Jul 2024−10.9%
26 Jul 2024−6.2%
2 Aug 2024+7.7%
9 Aug 2024−2.2%
16 Aug 2024−3.5%
23 Aug 2024+16.2%
30 Aug 2024+23.0%
6 Sep 2024+31.4%
13 Sep 2024+41.9%
20 Sep 2024+33.3%
27 Sep 2024+45.2%
4 Oct 2024+45.1%
11 Oct 2024+52.5%
18 Oct 2024+61.9%
25 Oct 2024+43.7%
1 Nov 2024+49.5%
8 Nov 2024+53.1%
14 Nov 2024+58.9%
22 Nov 2024+41.3%
29 Nov 2024+52.2%
6 Dec 2024+41.9%
13 Dec 2024+33.0%
20 Dec 2024+45.7%
27 Dec 2024+33.1%
3 Jan 2025+43.6%
10 Jan 2025+25.4%
17 Jan 2025+28.7%
24 Jan 2025+28.5%
1 Feb 2025+19.3%
7 Feb 2025+20.6%
14 Feb 2025+4.1%
21 Feb 2025+6.4%
28 Feb 2025−10.7%
7 Mar 2025−2.3%
13 Mar 2025−12.1%
21 Mar 2025−8.8%
28 Mar 2025−4.0%
4 Apr 2025−12.1%
11 Apr 2025−17.4%
17 Apr 2025−21.1%
25 Apr 2025−16.3%
2 May 2025−25.6%
9 May 2025−39.2%
16 May 2025−15.1%
23 May 2025−24.0%
30 May 2025−13.3%
6 Jun 2025−26.3%
13 Jun 2025−11.6%
20 Jun 2025−23.8%
27 Jun 2025−21.6%
4 Jul 2025−18.7%
11 Jul 2025−13.4%
18 Jul 2025−7.0%
25 Jul 2025−6.5%
1 Aug 2025+11.0%
8 Aug 2025+34.6%
14 Aug 2025+16.1%
22 Aug 2025+29.5%
29 Aug 2025+24.5%
5 Sep 2025+31.5%
12 Sep 2025+18.1%
19 Sep 2025+25.6%
26 Sep 2025+14.9%
3 Oct 2025+13.6%
10 Oct 2025+8.4%
17 Oct 2025−0.2%
24 Oct 2025+1.0%
31 Oct 2025−4.2%
7 Nov 2025−8.8%
14 Nov 2025−12.5%
21 Nov 2025−18.2%
28 Nov 2025−18.2%
5 Dec 2025−22.7%
12 Dec 2025−17.4%
19 Dec 2025−20.1%
26 Dec 2025−16.3%
2 Jan 2026−14.3%
9 Jan 2026−17.8%
16 Jan 2026−18.3%
23 Jan 2026−23.6%
1 Feb 2026−23.9%
6 Feb 2026−21.2%
13 Feb 2026−18.6%
20 Feb 2026−19.9%
27 Feb 2026−18.9%
6 Mar 2026−17.9%
13 Mar 2026−18.1%
20 Mar 2026+2.2%
27 Mar 2026+10.6%
2 Apr 2026+4.3%
10 Apr 2026+17.3%
17 Apr 2026+26.3%
24 Apr 2026+44.8%
30 Apr 2026+35.1%
8 May 2026+18.7%
15 May 2026+21.2%
22 May 2026+28.9%
29 May 2026+36.3%
4 Jun 2026+55.6%
5 Jun 2026+58.0%
9 Jun 2026+21.5%
10 Jun 2026+7.0%
12 Jun 2026+10.8%
17 Jun 2026+5.4%
19 Jun 2026+1.4%
24 Jun 2026−3.2%
25 Jun 2026−2.1%
1 Jul 2026−3.9%
3 Jul 2026+0.5%
10 Jul 2026−3.8%
17 Jul 2026−3.2%
24 Jul 2026−10.7%
31 Jul 2026+7.7%
7 Aug 2026+18.1%
14 Aug 2026+30.0%
21 Aug 2026+34.8%
28 Aug 2026+35.1%
4 Sep 2026+61.0%
11 Sep 2026+60.7%
18 Sep 2026+57.7%
25 Sep 2026+74.7%
28 Sep 2026+71.7%
1 Oct 2026+67.4%
9 Oct 2026+63.1%
16 Oct 2026+59.9%
23 Oct 2026+21.6%
30 Oct 2026+12.1%
4 Nov 2026+4.7%
Each bar is one week, from 2021 to now (283 weeks with a reading). Green means the stock's return over the previous 13 weeks beat the NIFTY 500; red means it trailed. The colour is strongest at a gap of 25 percentage points or more. A gap means there is no reading for that week.

Over the last 5.5 years the share price moved +3,067% while the NIFTY 500 moved +76%, so it is ahead of the index over that whole period. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

What changed at Deep Industries this quarter?

Three changes stood out: revenue up on a year earlier for 11 quarters in a row (every quarter we can compare), highest quarterly profit in 15 quarters and indian funds and insurers (DIIs) raised their stake for 3 quarters in a row.

  1. Revenue up on a year earlier for 11 quarters in a row (every quarter we can compare)

    In the June 2026 quarter revenue was ₹279 crore, +39.5% on a year earlier.

  2. Highest quarterly profit in 15 quarters

    Profit of ₹89 crore in the June 2026 quarter is the highest of the last 15 quarters.

  3. Indian funds and insurers (DIIs) raised their stake for 3 quarters in a row

    From 1.1% to 2.1% of the company by the September 2026 quarter.

What are Deep Industries' latest quarterly results?

For April to June 2026 (the quarter ended 30 June 2026), Deep Industries reported revenue of ₹279 crore, up 39.5% from ₹200 crore a year earlier, and a profit of ₹89.0 crore, up 43.5% from ₹62.0 crore.

Deep Industries results: April to June 2026 against a year earlier

Deep Industries results: April to June 2026 against a year earlier
MeasureApril to June 2026April to June 2025Change
Revenue₹279 crore₹200 crore+39.5%
Profit₹89.0 crore₹62.0 crore+43.5%
Earnings per share₹13.34₹9.19+45.2%
Operating margin39.0%41.0%−2.0 points

The next results, for July to September 2026, are due by 14 November 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter).

Deep Industries' management discussed these results on a call held on 30 September 2026; what it said is further down this page.

From the company's reported quarterly results (quarter ended 30 June 2026). Revenue and profit in ₹ crore.

What is the Deep Industries share price history?

Deep Industries closed at ₹651.75 on 4 November 2026, up 27.2% from ₹512.50 a year earlier (7 November 2025) and up 796.5% over five years. Its highest weekly close since April 2021 was ₹786.45 on 4 September 2026.

Deep Industries share price: then and now

Deep Industries share price: then and now
WhenCloseChange to 4 Nov 2026
1 week ago · 30 Oct 2026₹667.55−2.4%
1 month ago · 1 Oct 2026₹749.00−13.0%
6 months ago · 8 May 2026₹456.95+42.6%
1 year ago · 7 Nov 2025₹512.50+27.2%
3 years ago · 3 Nov 2023₹256.25+154.3%
5 years ago · 4 Nov 2021₹72.70+796.5%
Earliest and lowest weekly close in our records · 30 Apr 2021₹20.58+3,066.9%
Highest weekly close since April 2021, also the 52-week high · 4 Sep 2026₹786.45−17.1%
52-week low (weekly close) · 13 Mar 2026₹331.55+96.6%

Weekly closing prices, adjusted for splits and bonuses so every price is on today’s share count. Each change is the move from that price to the 4 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes.

296 weekly closes from 30 April 2021 to 4 November 2026.

What is the latest news on Deep Industries?

4 Nov 2026: Deep Industries closed at ₹651.75, down 2.4% on the week and down 13.0% on the month. 30 Sep 2026: Deep Industries held its results call for April to June 2026. Management guided: FY27 growth above 25-30%.

Earlier

  • 21 Aug 2026: ex-date for a dividend of ₹2.50 a share.
  • Results for April to June 2026: Revenue up 39.5% and profit up 43.5% on a year earlier.

What dividend does Deep Industries pay?

Deep Industries paid ₹2.50 a share in regular dividends in the 12 months to 5 November 2026 (1 payment), a yield of 0.38% at the ₹651.75 close on 4 November 2026. The last was a dividend of ₹2.50 a share, ex-date 21 August 2026.

Deep Industries dividends since 1 April 2021

Deep Industries dividends since 1 April 2021
Ex-dateDividend per shareTypeRecord date
21 Aug 2026Dividend₹2.50Dividendsame day
22 Aug 2025Dividend₹3.05Dividendsame day
9 Jul 2024Dividend₹2.44Dividendsame day
18 Sep 2023Dividend₹1.85Dividendsame day
8 Sep 2022Dividend₹1.85Dividend9 Sep 2022
10 Nov 2021Interim₹1.40Interim11 Nov 2021

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date.

5 of 5Of the last 5 financial years, years with an NSE dividend record

Yes. Deep Industries Ltd paid out 9% of its profit as dividends in FY26, and it paid a dividend in 4 of its last 9 reported years. One of those years shows a negative figure because profit itself was negative.

From the NSE corporate-actions record, read 5 November 2026.

What did Deep Industries management say on the latest results call?

On the call for April to June 2026, held on 30 September 2026, Deep Industries' management guided: FY27 growth above 25-30%.

“We believe that we should achieve PAT of 500 crore in FY28.”Rohan Shah, Director Finance & CFO, on the call for April to June 2026

What management guided

  • FY28 profit goal of ₹500 crore; no exceptional item expected in the current year; Prabha Energy loan balance expected nil by March after rights-issue recovery.
  • PEC incremental production to build during October; FY27 revenue around ₹70 crore and FY28 around ₹150 crore, with completion planned within the first 10 of 15 years.
  • More than ₹1,000 crore of the current order book viewed as executable in FY27; approximately ₹1,300 crore of PEC balance over 2-2.5 years.
  • FY27 capital spending of ₹300 crore: ₹150 crore for PEC and the balance for rigs and gas-processing equipment.

Management’s own plans and goals, from our notes of the call. A plan is not a result.

Source: the call transcript.

From the call for April to June 2026, 30 September 2026.

What to watch in Deep Industries' next results?

When Deep Industries reports July to September 2026, these are the 4 checks that show whether the story is still on course. First: PEC incremental output to build during October - check production above baseline and revenue conversion in the next print.

Deep Industries: what to watch next quarter
What to check (from the call)
PEC incremental output to build during October - check production above baseline and revenue conversion in the next print.
Second-round PEC tender process - check whether an Assam or Gujarat field converts into an award.
Dolphin offshore acquisition discussions - check for a signed transaction and deployment timing.
Margin recovery after PEC contribution - check whether the next print shows the promised improvement.

Which stock lists is Deep Industries on?

Deep Industries is on 2 of our India lists: Momentum stocks and Oil & gas stocks.

Is Deep Industries profitable?

Deep Industries Ltd earned ₹89.0 Cr of net profit in the Jun 2026 quarter, +43.5% on the same quarter a year earlier. Full-year FY26 profit was ₹197 Cr. Over 8 years profit has grown 77.5% a year on average. That is 31.9% of the quarter's revenue. The same quarter a year earlier earned ₹62.0 Cr.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

2 of the last 12 reported quarters were loss-making.

FY26 profit ₹197 Cr, 77.5% a year over 8 years

  • Net profit ₹197
FY26 profit ₹197 Cr, 77.5% a year over 8 years
QuarterNet profit
FY18₹2
FY19₹14
FY20₹31
FY21₹65
FY22₹72
FY23₹125
FY24₹125
FY25−₹79
FY26₹197

Growth on a year earlier

  • Growth on a year earlier −163.2%
Growth on a year earlier
QuarterGrowth on a year earlier
FY18–
FY19600%
FY20121.4%
FY21109.7%
FY2210.8%
FY2373.6%
FY240%
FY25−163.2%
FY26–
Top: net profit each year, ₹ Cr. Below: growth on the year before, %. 9-year window. A grey bar is lower than the year before.

Jun 2026: ₹89.0 Cr (+43.5% on a year earlier)

  • Net profit (quarterly) ₹89.0
Jun 2026: ₹89.0 Cr (+43.5% on a year earlier)
QuarterNet profit (quarterly)
Sep 2023₹30
Dec 2023₹28
Mar 2024₹37
Jun 2024₹39
Sep 2024₹42
Dec 2024₹48
Mar 2025−₹207
Jun 2025₹62
Sep 2025₹71
Dec 2025₹71
Mar 2026−₹7
Jun 2026₹89

Growth on a year earlier

  • Growth on a year earlier 43.5%
Growth on a year earlier
QuarterGrowth on a year earlier
Sep 2023–
Dec 202312%
Mar 2024−48.8%
Jun 202425.8%
Sep 202440%
Dec 202471.4%
Mar 2025−659.5%
Jun 202559%
Sep 202569%
Dec 202547.9%
Mar 2026–
Jun 202643.5%
Top: net profit each quarter, ₹ Cr. Below: growth on the same quarter a year earlier, %. Last 12 quarters. A grey bar is lower than the quarter before.

Why profit moved: revenue changed +39.5% on a year earlier and the margin moved −2.0 percentage points. Sales did the work while the margin got thinner.

On average over the last four quarters, profit changed +53.5% and revenue +50.1%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra rupee of revenue adds more to profit.

How much revenue does Deep Industries make, and is it growing?

Deep Industries Ltd reported ₹279 Cr of revenue in the Jun 2026 quarter, +39.5% on the same quarter a year earlier. That is the 11th quarter in a row with growth on the year before. Over 8 years it has grown 14.0% a year on average. The last full year, FY26, came in at ₹891 Cr.

Revenue is everything the company billed its customers in the period.

The last four reported quarters add to ₹971 Cr.

FY26 revenue was ₹891 Cr, +54.7% on the year before.

FY26 revenue ₹891 Cr (+54.7% on the year before), 14.0% a year over 8 years

  • Revenue ₹891
FY26 revenue ₹891 Cr (+54.7% on the year before), 14.0% a year over 8 years
QuarterRevenue
FY18₹313
FY19₹318
FY20₹262
FY21₹194
FY22₹322
FY23₹341
FY24₹427
FY25₹576
FY26₹891

Growth on a year earlier

  • Growth on a year earlier 54.7%
Growth on a year earlier
QuarterGrowth on a year earlier
FY18–
FY191.6%
FY20−17.6%
FY21−26%
FY2266%
FY235.9%
FY2425.2%
FY2534.9%
FY2654.7%
Top: revenue each year, ₹ Cr. Below: growth on the year before, %. 9-year window. A grey bar is lower than the year before.

Jun 2026: ₹279 Cr (+39.5% on a year earlier), the 11th quarter in a row of growth

  • Revenue (quarterly) ₹279
Jun 2026: ₹279 Cr (+39.5% on a year earlier), the 11th quarter in a row of growth
QuarterRevenue (quarterly)
Sep 2023₹101
Dec 2023₹105
Mar 2024₹120
Jun 2024₹123
Sep 2024₹131
Dec 2024₹155
Mar 2025₹167
Jun 2025₹200
Sep 2025₹221
Dec 2025₹222
Mar 2026₹249
Jun 2026₹279

Growth on a year earlier

  • Growth on a year earlier 39.5%
Growth on a year earlier
QuarterGrowth on a year earlier
Sep 2023–
Dec 20237.1%
Mar 202416%
Jun 202421.8%
Sep 202429.7%
Dec 202447.6%
Mar 202539.2%
Jun 202562.6%
Sep 202568.7%
Dec 202543.2%
Mar 202649.1%
Jun 202639.5%
Top: revenue each quarter, ₹ Cr. Below: growth on the same quarter a year earlier, %. Last 12 quarters. A grey bar is lower than the quarter before.

Recent pace: the last four quarters grew +50.1% on average, against 14.0% a year over the longer run, so this year is growing faster than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew +48.7%, against +47.1% a year over the last 8 quarters (stabilising).

How much of every ₹100 of sales does Deep Industries keep?

Deep Industries Ltd's operating margin was 39.0% in the Jun 2026 quarter, 2.0 percentage points lower than the same quarter a year ago. Across 9 years it has been between 36.0% and 52.0%. The latest quarter is within that range.

Operating margin is what is left from every ₹100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Why the margin moved: operating margin changed −2.1 percentage points on the year while gross margin changed −2.5 points. So the drop came mostly from the gross margin, which means input costs and prices charged.

FY26: 40.0%, within a range of 36.0% to 52.0% over 9 years

  • Operating margin 40.0%
FY26: 40.0%, within a range of 36.0% to 52.0% over 9 years
QuarterOperating margin
FY1852%
FY1948%
FY2048%
FY2142%
FY2236%
FY2338%
FY2439%
FY2542%
FY2640%

Change on the year before (points)

  • Change on the year before (points) −2.0 pts
Change on the year before (points)
QuarterChange on the year before (points)
FY18–
FY19−4.0 pts
FY200.0 pts
FY21−6.0 pts
FY22−6.0 pts
FY23+2.0 pts
FY24+1.0 pts
FY25+3.0 pts
FY26−2.0 pts
Operating margin each year, % (top). Below: change on the year before, in percentage points. 9-year window.

Jun 2026: operating margin 39.0% (−2.0 points on a year earlier)

  • Operating margin 39.0%
Jun 2026: operating margin 39.0% (−2.0 points on a year earlier)
QuarterOperating margin
Sep 202338%
Dec 202338%
Mar 202432%
Jun 202441%
Sep 202444%
Dec 202443%
Mar 202534%
Jun 202541%
Sep 202541%
Dec 202545%
Mar 202633%
Jun 202639%

Change on a year earlier (points)

  • Change on a year earlier (points) −2.0 pts
Change on a year earlier (points)
QuarterChange on a year earlier (points)
Sep 2023–
Dec 2023−3.0 pts
Mar 2024−8.6 pts
Jun 2024−1.0 pts
Sep 2024+6.0 pts
Dec 2024+5.0 pts
Mar 2025+2.0 pts
Jun 20250.0 pts
Sep 2025−3.0 pts
Dec 2025+2.0 pts
Mar 2026−1.0 pts
Jun 2026−2.0 pts
Top: quarterly operating margin, %. Below: change on the same quarter a year earlier, in percentage points. Last 12 quarters. Operating profit as a share of revenue, each quarter.

Is Deep Industries' profit turning into cash?

Over the last 3 years, 137% of Deep Industries Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹270 Cr of operating cash against ₹197 Cr of profit. After ₹248 Cr of spending on assets, ₹22.0 Cr was left over as free cash.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

FY26: operating cash ₹270 Cr against profit ₹197 Cr; 137% of 3 years' profit came in as cash

  • Operating cash ₹270
  • Net profit ₹197
  • Free cash ₹22
FY26: operating cash ₹270 Cr against profit ₹197 Cr; 137% of 3 years' profit came in as cash
QuarterOperating cashNet profitFree cash
FY18₹200₹2–
FY19₹92₹14₹96
FY20₹47₹31−₹10
FY21₹81₹65₹75
FY22₹55₹72₹27
FY23₹88₹125−₹96
FY24₹255₹125₹49
FY25₹210−₹79₹29
FY26₹270₹197₹22
Operating cash flow and net profit each year, ₹ Cr. The line is free cash flow: operating cash minus spending on assets. 9-year window, yearly figures.

FY26: operating cash was 137% of profit (137% over three years)

  • Operating cash as % of profit 137%
  • Break-even line 100%
FY26: operating cash was 137% of profit (137% over three years)
QuarterOperating cash as % of profitBreak-even line
FY18300%100%
FY19300%100%
FY20152%100%
FY21125%100%
FY2276%100%
FY2370%100%
FY24204%100%
FY25–100%
FY26137%100%
Operating cash as a share of net profit, each year, % (line). The flat line marks 100%, meaning all of the profit came in as cash; unusual years are drawn at the edge.

Why 137% of profit came in as cash: the cash cycle got 43 days shorter between FY21 and FY26, so cash that used to wait in the business now arrives sooner.

What to look at next: the bigger use of cash is spending on new assets, at 4.7× depreciation over three years. The next section checks what that spending is building.

Where does Deep Industries' cash go?

Deep Industries Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 197 days in FY26, down from 240 days in FY21. It spent ₹635 Cr on assets over the last 3 years. Customers take 197 days to pay, and stock sits for 86 days on average.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

At FY26 sales of ₹891 Cr, each day of that cycle ties up about ₹2.4 Cr, so roughly ₹481 Cr is tied up in the business at any time.

FY26: customers took 197 days to pay and stock sat for 86 days, about 2.8 months of sales sitting as stock, for a full cycle of 197 days, shorter than FY21's 240.

The full loop: cash goes out to suppliers and production on day 0. Stock sits for 86 days. Customers pay about 197 days after that. Suppliers are paid at 85 days. Together that makes the 197-day cycle.

FY26: a 197-day cash cycle, −43 days compared with FY21

  • Cash cycle 197d
  • Inventory days 86d
  • Debtor days 197d
  • Payable days 85d
FY26: a 197-day cash cycle, −43 days compared with FY21
QuarterCash cycleInventory daysDebtor daysPayable days
FY1899d–99d–
FY19146d64d146d145d
FY20217d64d217d145d
FY21240d–240d–
FY22154d–154d–
FY23104d776d270d942d
FY24237d–237d–
FY25373d–373d–
FY26197d86d197d85d
Debtor days, inventory days, payable days and the full cash cycle, each year. 9-year window.

Spending on assets: ₹635 Cr over the last 3 years, against ₹134 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹56.0 Cr (FY26): assets paid for that are not earning yet.

FY26: capex ₹248 Cr, work in progress ₹56.0 Cr, a build-out

  • Capex ₹248
  • Work-in-progress ₹56.0
FY26: capex ₹248 Cr, work in progress ₹56.0 Cr, a build-out
QuarterCapexWork-in-progress
FY19−₹4₹4
FY20₹57₹3
FY21₹6₹1
FY22₹28₹5
FY23₹184₹20
FY24₹206₹220
FY25₹181₹258
FY26₹248₹56
Capital spending each year, ₹ Cr, with work in progress, ₹ Cr, as the line. Quarterly capital-spending figures are not available for India, so this is yearly.

In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns.

What is Deep Industries' P/E ratio, and how does it compare with its own history?

Deep Industries Ltd's P/E is 10.1×, near the low end of its own history: it has been lower only 19% of the time. Its usual P/E (the middle reading) is 14.5×, over 5.3 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many rupees the market pays for each rupee of yearly profit.

P/E 10.1× against a usual 14.5×: near the low end of its own history: it has been lower only 19% of the time

  • P/E 10.3×
  • Median 14.5×
P/E 10.1× against a usual 14.5×: near the low end of its own history: it has been lower only 19% of the time
WeekP/EMedian
25 Jun 20214.00×14.5×
9 Jul 20214.90×14.5×
23 Jul 20215.10×14.5×
6 Aug 20215.10×14.5×
20 Aug 20216.70×14.5×
3 Sep 20216.60×14.5×
17 Sep 20217.50×14.5×
1 Oct 20217.70×14.5×
14 Oct 20218.00×14.5×
29 Oct 20217.00×14.5×
12 Nov 20214.40×14.5×
26 Nov 20214.10×14.5×
10 Dec 20214.30×14.5×
24 Dec 20214.10×14.5×
7 Jan 20225.00×14.5×
21 Jan 20225.30×14.5×
4 Feb 202211.0×14.5×
18 Feb 202211.7×14.5×
4 Mar 202210.8×14.5×
17 Mar 202211.3×14.5×
1 Apr 202213.9×14.5×
13 Apr 202216.2×14.5×
29 Apr 202215.7×14.5×
13 May 20229.80×14.5×
27 May 20228.90×14.5×
10 Jun 202210.0×14.5×
24 Jun 20229.00×14.5×
8 Jul 20228.60×14.5×
22 Jul 20229.10×14.5×
5 Aug 20228.70×14.5×
19 Aug 20228.30×14.5×
2 Sep 20229.70×14.5×
16 Sep 202210.6×14.5×
30 Sep 202210.8×14.5×
14 Oct 202212.8×14.5×
28 Oct 202213.2×14.5×
11 Nov 202211.9×14.5×
25 Nov 202212.1×14.5×
9 Dec 202210.9×14.5×
23 Dec 202211.2×14.5×
6 Jan 202312.9×14.5×
20 Jan 202314.1×14.5×
3 Feb 202313.4×14.5×
17 Feb 202311.8×14.5×
3 Mar 202311.2×14.5×
17 Mar 202310.9×14.5×
31 Mar 202311.1×14.5×
13 Apr 202311.9×14.5×
28 Apr 202314.0×14.5×
12 May 202313.5×14.5×
26 May 202315.2×14.5×
9 Jun 202312.3×14.5×
23 Jun 202312.0×14.5×
7 Jul 202313.6×14.5×
21 Jul 202315.1×14.5×
4 Aug 202314.9×14.5×
18 Aug 202316.6×14.5×
1 Sep 202315.1×14.5×
15 Sep 202316.1×14.5×
29 Sep 202316.5×14.5×
13 Oct 202317.6×14.5×
27 Oct 202316.3×14.5×
12 Nov 202313.6×14.5×
24 Nov 202314.5×14.5×
8 Dec 202314.7×14.5×
22 Dec 202313.9×14.5×
5 Jan 202414.1×14.5×
20 Jan 202414.1×14.5×
2 Feb 202413.8×14.5×
16 Feb 202413.3×14.5×
2 Mar 202413.6×14.5×
15 Mar 202414.1×14.5×
28 Mar 202416.6×14.5×
12 Apr 202416.3×14.5×
26 Apr 202415.7×14.5×
10 May 202416.6×14.5×
24 May 202415.1×14.5×
7 Jun 202415.0×14.5×
21 Jun 202415.5×14.5×
5 Jul 202415.1×14.5×
19 Jul 202415.4×14.5×
2 Aug 202417.1×14.5×
16 Aug 202415.5×14.5×
30 Aug 202418.6×14.5×
13 Sep 202421.9×14.5×
27 Sep 202421.8×14.5×
11 Oct 202424.4×14.5×
25 Oct 202421.4×14.5×
8 Nov 202422.9×14.5×
22 Nov 202423.3×14.5×
6 Dec 202426.0×14.5×
20 Dec 202426.9×14.5×
3 Jan 202527.3×14.5×
17 Jan 202527.1×14.5×
1 Feb 202523.2×14.5×
14 Feb 202519.5×14.5×
28 Feb 202517.9×14.5×
13 Mar 202518.6×14.5×
28 Mar 202520.7×14.5×
11 Apr 202519.4×14.5×
25 Apr 202519.0×14.5×
9 May 202516.1×14.5×
23 May 202517.4×14.5×
6 Jun 202517.2×14.5×
20 Jun 202517.5×14.5×
4 Jul 202518.6×14.5×
18 Jul 202519.5×14.5×
1 Aug 202519.7×14.5×
14 Aug 202521.4×14.5×
29 Aug 202527.3×14.5×
12 Sep 202527.3×14.5×
26 Sep 202525.8×14.5×
10 Oct 202525.0×14.5×
24 Oct 202524.3×14.5×
7 Nov 202526.3×14.5×
21 Nov 202524.6×14.5×
5 Dec 202522.2×14.5×
19 Dec 202522.8×14.5×
2 Jan 202623.4×14.5×
16 Jan 202619.3×14.5×
1 Feb 202618.6×14.5×
9 Feb 202614.1×14.5×
13 Feb 202619.6×14.5×
20 Feb 202619.2×14.5×
6 Mar 202617.3×14.5×
20 Mar 202621.0×14.5×
2 Apr 202622.5×14.5×
17 Apr 202624.5×14.5×
29 Apr 202613.3×14.5×
8 May 202623.5×14.5×
22 May 202624.1×14.5×
4 Jun 20269.10×14.5×
9 Jun 20269.00×14.5×
12 Jun 202625.4×14.5×
19 Jun 202625.0×14.5×
25 Jun 202624.4×14.5×
3 Jul 202623.8×14.5×
17 Jul 202624.4×14.5×
31 Jul 20269.20×14.5×
14 Aug 202610.3×14.5×
28 Aug 202610.4×14.5×
11 Sep 202611.9×14.5×
25 Sep 202612.1×14.5×
1 Oct 202611.6×14.5×
16 Oct 202611.6×14.5×
30 Oct 202610.3×14.5×

Earnings per share, 12 months

  • Earnings per share, 12 months ₹65
Earnings per share, 12 months
WeekEarnings per share, 12 months
25 Jun 2021₹10
9 Jul 2021₹10
23 Jul 2021₹10
6 Aug 2021₹10
20 Aug 2021₹10
3 Sep 2021₹10
17 Sep 2021₹10
1 Oct 2021₹10
14 Oct 2021₹10
29 Oct 2021₹10
12 Nov 2021₹10
26 Nov 2021₹10
10 Dec 2021₹10
24 Dec 2021₹10
7 Jan 2022₹17
21 Jan 2022₹17
4 Feb 2022₹17
18 Feb 2022₹17
4 Mar 2022₹17
17 Mar 2022₹17
1 Apr 2022₹8
13 Apr 2022₹8
29 Apr 2022₹8
13 May 2022₹8
27 May 2022₹8
10 Jun 2022₹8
24 Jun 2022₹11
8 Jul 2022₹11
22 Jul 2022₹11
5 Aug 2022₹11
19 Aug 2022₹11
2 Sep 2022₹11
16 Sep 2022₹11
30 Sep 2022₹12
14 Oct 2022₹12
28 Oct 2022₹12
11 Nov 2022₹12
25 Nov 2022₹12
9 Dec 2022₹12
23 Dec 2022₹12
6 Jan 2023₹11
20 Jan 2023₹11
3 Feb 2023₹11
17 Feb 2023₹11
3 Mar 2023₹11
17 Mar 2023₹11
31 Mar 2023₹12
13 Apr 2023₹12
28 Apr 2023₹12
12 May 2023₹12
26 May 2023₹12
9 Jun 2023₹12
23 Jun 2023₹15
7 Jul 2023₹15
21 Jul 2023₹15
4 Aug 2023₹15
18 Aug 2023₹15
1 Sep 2023₹15
15 Sep 2023₹15
29 Sep 2023₹16
13 Oct 2023₹16
27 Oct 2023₹16
12 Nov 2023₹16
24 Nov 2023₹16
8 Dec 2023₹16
22 Dec 2023₹16
5 Jan 2024₹18
20 Jan 2024₹18
2 Feb 2024₹18
16 Feb 2024₹18
2 Mar 2024₹18
15 Mar 2024₹18
28 Mar 2024₹19
12 Apr 2024₹19
26 Apr 2024₹19
10 May 2024₹19
24 May 2024₹19
7 Jun 2024₹19
21 Jun 2024₹19
5 Jul 2024₹19
19 Jul 2024₹19
2 Aug 2024₹19
16 Aug 2024₹19
30 Aug 2024₹19
13 Sep 2024₹19
27 Sep 2024₹20
11 Oct 2024₹20
25 Oct 2024₹20
8 Nov 2024₹20
22 Nov 2024₹20
6 Dec 2024₹20
20 Dec 2024₹20
3 Jan 2025₹22
17 Jan 2025₹22
1 Feb 2025₹22
14 Feb 2025₹22
28 Feb 2025₹22
13 Mar 2025₹22
28 Mar 2025₹24
11 Apr 2025₹24
25 Apr 2025₹24
9 May 2025₹24
23 May 2025₹24
6 Jun 2025₹24
20 Jun 2025₹25
4 Jul 2025₹25
18 Jul 2025₹25
1 Aug 2025₹25
14 Aug 2025₹25
29 Aug 2025₹25
12 Sep 2025₹25
26 Sep 2025₹19
10 Oct 2025₹19
24 Oct 2025₹19
7 Nov 2025₹19
21 Nov 2025₹19
5 Dec 2025₹19
19 Dec 2025₹19
2 Jan 2026₹20
16 Jan 2026₹20
1 Feb 2026₹20
9 Feb 2026₹20
13 Feb 2026₹20
20 Feb 2026₹20
6 Mar 2026₹20
20 Mar 2026₹20
2 Apr 2026₹20
17 Apr 2026₹20
29 Apr 2026₹20
8 May 2026₹20
22 May 2026₹20
4 Jun 2026₹20
9 Jun 2026₹20
12 Jun 2026₹20
19 Jun 2026₹20
25 Jun 2026₹20
3 Jul 2026₹20
17 Jul 2026₹20
31 Jul 2026₹20
14 Aug 2026₹20
28 Aug 2026₹20
11 Sep 2026₹20
25 Sep 2026₹65
1 Oct 2026₹65
16 Oct 2026₹65
30 Oct 2026₹65
Top: P/E each week. Below: earnings per share, trailing twelve months, leaving out one-off items, a step line that moves once a quarter; 5.3 years of history; short peaks above 27× are drawn at the top edge.
10.1×P/E · lower than 81% of its last 5.3 years

Where the price move came from: over 5 years the price moved +55.1% a year; about +46.5% a year came from earnings growth and about +8.6 percentage points from the multiple (the market paying more). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple.

In short: the multiple is low against its own past, so the earnings trend underneath matters more than the multiple.

A quarterly PEG curve, which only the second data source has, is not shown on this page: its two data sources disagree by up to 98% on reported income across 15 comparable periods. When two sources disagree on a figure, we leave it out on purpose. The gap is a choice, not missing data.

Is the Deep Industries business getting better or worse?

Deep Industries Ltd's business is giving mixed signals. There is no clear direction across the growth lines, with ROCE rising at 16.0%; each line tells part of the story. This is based on 10 quarters of 3 measures, with some gaps.

Every business is somewhere on a path of getting better or worse, and this section names where. The last 12 quarters of growth in revenue, profit and earnings per share, plus the return the business earns on its capital, are read as lines. Getting worse: the lines are falling. Turning around: a low point has just formed and the last few quarters are rising from it. Getting better: the rise from the low has lasted. Growing steadily: steady growth with healthy returns. Slowing from a peak: still high, but slowing. When the lines disagree the result is mixed; too little history means no reading. CAGR (compound annual growth rate) is the steady yearly rate that would turn the starting value into the latest one. It is the fairest way to compare growth over different periods. If the 1-year figure is much bigger than the 10-year one, recent growth is running faster than the long-run trend. A dash means there is no figure for that period, or the starting year was a loss, where a growth rate means nothing.

Growth year by year: revenue +54.7% in FY26

  • Revenue growth 54.7%
Growth year by year: revenue +54.7% in FY26
QuarterRevenue growth
FY18–
FY191.6%
FY20−17.6%
FY21−26%
FY2266%
FY235.9%
FY2425.2%
FY2534.9%
FY2654.7%

Profit growth, EPS growth

  • Profit growth −163.2%
  • EPS growth −172.8%
Profit growth, EPS growth
QuarterProfit growthEPS growth
FY18––
FY19300%300%
FY20121.4%129%
FY21109.7%−99.7%
FY2210.8%11.4%
FY2373.6%73.7%
FY240%−1.2%
FY25−163.2%−172.8%
FY26––
Growth on the year before, each year, %. Top: revenue. Below: net profit and earnings per share, on their own scale because profit growth swings much more. Zero line drawn. Turnaround-year jumps are drawn at the edge (▲).

Three growth lines over twelve quarters: revenue stabilising

  • Revenue 48.7%
Three growth lines over twelve quarters: revenue stabilising
QuarterRevenue
Sep 2023–
Dec 2023–
Mar 2024–
Jun 2024–
Sep 202418.7%
Dec 202428.9%
Mar 202534.9%
Jun 202545.4%
Sep 202555.1%
Dec 202553.1%
Mar 202654.9%
Jun 202648.7%

Profit, EPS

  • Profit 43.5%
  • EPS −109.6%
Profit, EPS
QuarterProfitEPS
Sep 2023––
Dec 202312%–
Mar 2024−48.8%–
Jun 202425.8%–
Sep 202440%−11.9%
Dec 202471.4%−3.1%
Mar 2025−300%−172.7%
Jun 202559%−152.7%
Sep 202569%−128.4%
Dec 202547.9%−109.6%
Mar 2026––
Jun 202643.5%–
Growth on a year earlier, % at each quarter end. Top: revenue. Below: profit and earnings per share, on their own scale because they swing much more. Each is measured over the last 12 months. Where the 12-month history is short, the line uses single-quarter growth instead, which is noisier; extreme jumps from a tiny base are evened out before reading. Extreme jumps from a tiny base are drawn at the edge (▲). A gap means there is no reading for that quarter.

ROCE: the return line, yearly figures

  • ROCE 16%
ROCE: the return line, yearly figures
QuarterROCE
FY238%
FY2410%
FY2512%
FY2616%
Yearly figures: the quarterly balance-sheet figures this line needs are not available for this stock, so it changes once a year and counts for less in the reading.
Steady highRevenue growth · latest +48.7%, range +18.7% to +55.1%
Turning downProfit growth · latest +43.5%, range −71.4% to +71.4%
RisingROCE · latest 16.0%, range 8.0% to 16.0%

Why it matters: when the lines disagree, each line above matters more than any single label.

One or more growth lines have an extreme jump caused by comparing with a near-zero or loss-making quarter. Those jumps are capped before reading and drawn at the edge of the chart, so one odd quarter does not decide the result.

The return figures here are yearly, not quarterly. They show level and direction only; they can support the growth lines but never decide the reading alone.

This reading has some gaps: at least one line is short, or the return line is not the quarterly series, so treat it with a little more caution.

Compound annual growth rate (%)

Compound annual growth rate over each period, %. Revenue, profit and EPS come from yearly figures; the share price row is price growth over the same periods. A dash means no figure for that period, or the starting year was a loss.

Compound annual growth rate (%)
Measure1yr3yr5yr10yr
Revenue+54.7%+37.7%+35.6%—
Profit—+16.4%+24.8%—
EPS—+12.8%+22.7%—
Share price+27.2%+36.5%+55.1%—
+39.5%Revenue growth (Jun 2026) · latest quarter against a year ago
+43.5%Profit growth (Jun 2026) · latest quarter against a year ago
14.0%Revenue, 8 years · yearly growth over the long run

How much does Deep Industries earn on its capital?

Deep Industries Ltd earned a ROCE of 16% in FY26. That is up from a low of −1% in FY21. We cannot compare its return on capital used with its cost of capital from the data we have. It comes from a 22.1% net margin and 0.35× asset turnover (sales divided by assets).

Return on capital employed (ROCE) is the profit the whole business earns on all the money in it, from shareholders and lenders together. It is the best single test of whether growth adds value or just size.

Why the return is what it is (FY26): a 22.1% net margin × 0.35× asset turnover × 1.29× leverage (assets divided by equity) ≈ 10.0% on equity. The margin does most of the work; borrowing plays a small part, so this return is earned, not borrowed.

FY26: ROCE 16%, the climb back from FY21's −1%

  • ROCE 16%
  • Cost of capital 12%
FY26: ROCE 16%, the climb back from FY21's −1%
QuarterROCECost of capital
FY1933%12%
FY2034%12%
FY21−1%12%
FY228%12%
FY238%12%
FY2410%12%
FY2512%12%
FY2616%12%
Return on capital employed each year, % (line). 8-year window, low years included. The flat line is the 12.0% cost of capital used on this page.

The quarterly return lines and the return-on-capital-used (ROIC) line, which only the second data source has, are not shown on this page: its two data sources disagree by up to 98% on reported income across 15 comparable periods. When two sources disagree on a figure, we leave it out on purpose. The gap is a choice, not missing data.

Does Deep Industries have too much debt?

Deep Industries Ltd had ₹203 Cr of borrowings against ₹1,999 Cr of equity in FY26, so its debt is 0.10× its equity. Its operating profit is 20 times its interest bill. Over 5 years borrowings went from ₹41.0 Cr to ₹203 Cr. Over the last 3 of those years it spent ₹635 Cr on assets.

Debt-to-equity shows how much of the business is paid for with borrowed money. Interest cover shows how many times operating profit pays the interest bill. Low debt and high cover are the safe combination.

Part of the spending on assets is being paid for with borrowed money.

FY26: borrowings ₹203 Cr, 0.10× equity, how debt has moved

  • Borrowings ₹203
FY26: borrowings ₹203 Cr, 0.10× equity, how debt has moved
QuarterBorrowings
FY18₹231
FY19₹102
FY20₹83
FY21₹41
FY22₹32
FY23₹70
FY24₹160
FY25₹205
FY26₹203

Debt-to-equity

  • Debt-to-equity 0.10×
Debt-to-equity
QuarterDebt-to-equity
FY18115.5×
FY1910.2×
FY202.24×
FY210.04×
FY220.03×
FY230.05×
FY240.11×
FY250.11×
FY260.10×
Top: borrowings each year, ₹ Cr. Below: debt-to-equity, ×. 9-year window. Quarterly balance-sheet figures are not available for India, so this is yearly.

The total-debt and debt-to-equity series, which only the second data source has, are not shown on this page: its two data sources disagree by up to 98% on reported income across 15 comparable periods. When two sources disagree on a figure, we leave it out on purpose. The gap is a choice, not missing data.

What is the Deep Industries shareholding pattern?

Domestic institutions raised their stake in Deep Industries Ltd by 2.0 percentage points over 8 quarters, the biggest change among its owners. Domestic institutions now own 2.0% of the company. Foreign institutions moved +0.4 points over the same period, to 2.5%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings.

Who owns the company each quarter: promoters (the founders or controlling owners), foreign institutions, domestic institutions such as mutual funds, and the public. When people close to the business steadily raise their stake, that is worth noticing; a quiet list is also an answer.

Over the last two years: Domestic institutions: +2.0 points over 8 quarters, to 2.0%; Foreign institutions: +0.4 points over 8 quarters, to 2.5%; Promoters: +0.0 points over 8 quarters, to 63.5%.

Why the owners changed: domestic institutions drove it (+2.0 points). They raised their stake step by step.

Year ends: domestic institutions +1.1 points from Mar 2024 to Mar 2026

  • Promoters 63.49%
  • Foreign inst. 1.81%
  • Domestic inst. 1.13%
  • Public 33.57%
Year ends: domestic institutions +1.1 points from Mar 2024 to Mar 2026
QuarterPromotersForeign inst.Domestic inst.Public
Mar 202463.49%1.82%0%34.67%
Mar 202563.49%2.17%1.17%33.17%
Mar 202663.49%1.81%1.13%33.57%
Shareholding at each year end (March quarter), % of the company. 3 year ends on file.

Domestic institutions raised their stake by 2.0 points over 8 quarters

  • Promoters 63.49%
  • Foreign inst. 2.48%
  • Domestic inst. 2.05%
  • Public 31.97%
Domestic institutions raised their stake by 2.0 points over 8 quarters
QuarterPromotersForeign inst.Domestic inst.Public
Sep 202363.49%2.18%0%34.34%
Dec 202363.49%2.03%0%34.47%
Mar 202463.49%1.82%0%34.67%
Jun 202463.49%2.11%0%34.4%
Sep 202463.49%2.08%0%34.43%
Dec 202463.49%1.99%1.03%33.48%
Mar 202563.49%2.17%1.17%33.17%
Jun 202563.49%1.5%1.15%33.85%
Sep 202563.49%2.08%1.15%33.26%
Dec 202563.49%1.71%1.1%33.71%
Mar 202663.49%1.81%1.13%33.57%
Jun 202663.49%1.47%1.53%33.5%
Sep 202663.49%2.48%2.05%31.97%
Shareholding by owner group, % of the company, each quarter, last 13 quarters.

How far is Deep Industries from balance-sheet trouble?

For Deep Industries Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date.

The Z-score estimates how far a company is from balance-sheet trouble. Above about 3 is safe; below about 1.8 is the danger zone. It was built for manufacturers, so it is not used for banks and lenders.

How does Deep Industries rank in its industry?

69.3 out of 100, rank 2 of 10 in Oil Drilling & Exploration, with 78% of the evidence available.

Deep Industries Ltd scores 69.3 out of 100 against the 10 companies it is compared with in Oil Drilling & Exploration, ranking 2. Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks.

The four parts add up to the total exactly: 25 + 16.8 + 12.1 + 15.4 = 69.3. This is the same number shown on the industry page; it is worked out once for the whole group and read here.

What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector.

Which companies is Deep Industries compared with?

Deep Industries ranks 2 of 10 Oil Drilling & Exploration companies on the 4-Factor Sector Score, with 69.3 out of 100.

  1. 1Antelopus Selan Energy LtdANTELOPUS · breaking out · Most evidence points up · 82% evidence75.3out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 27.4/35 · Revenue 82.3% · Profit 100% · Operating margin change 16 points · 95% evidenceCapital efficiency 21.0/25 · ROCE 19.9% · Operating margin 69% · 76% evidenceValuation 7.6/20 · P/E 19× · PEG — · 50% evidenceRelative strength 19.3/20 · Lead over its industry 23.7% · Lead over NIFTY 500 47.3% · 1 year 74.3% · 100% evidence · 10 of 12 weeks aheadExact sum: 27.4 + 21 + 7.6 + 19.3 = 75.3 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks.
  2. 2Deep Industries Ltd this pageDEEPINDS · leader · Most evidence points up · 78% evidence69.3out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 25.0/35 · Revenue 48.7% · Profit 100% · Operating margin change -2 points · 83% evidenceCapital efficiency 16.8/25 · ROCE 16.5% · Operating margin 39% · 76% evidenceValuation 12.1/20 · P/E 10.3× · PEG — · 50% evidenceRelative strength 15.4/20 · Lead over its industry 12.8% · Lead over NIFTY 500 36.3% · 1 year 38.1% · 100% evidence · 12 of 12 weeks aheadExact sum: 25 + 16.8 + 12.1 + 15.4 = 69.3 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks.
  3. 3Dolphin Offshore Enterprises (India) LtdDOLPHIN · breaking out · Most evidence points up · 93% evidence65.7out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 19.4/35 · Revenue 82% · Profit 41.5% · Operating margin change -26 points · 100% evidenceCapital efficiency 15.7/25 · ROCE 14.9% · Operating margin 63% · 100% evidenceValuation 12.0/20 · P/E 32.4× · PEG 0.85 · 65% evidenceRelative strength 18.6/20 · Lead over its industry 15% · Lead over NIFTY 500 40.1% · 1 year 63.8% · 100% evidence · 12 of 12 weeks aheadExact sum: 19.4 + 15.7 + 12 + 18.6 = 65.7 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  4. 4United Drilling Tools LtdUNIDT · Evidence leans up · 76% evidence56.1out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 24.5/43.75 · Revenue 7.6% · Profit 26.3% · Operating margin change -1.4 points · 88% evidenceCapital efficiency 14.8/31.25 · ROCE 10.4% · Operating margin 17.8% · 100% evidenceValuation 16.8/25 · P/E 25.7× · PEG 0.99 · 100% evidenceRelative strength: no reading this week · its 20 points are shared across the other threeExact sum: 24.5 + 14.8 + 16.8 = 56.1 (no relative-strength reading this week; its 20 points are shared across the other three) · What this means: There is no relative-strength reading for this week, so the score is built from earnings, capital efficiency and valuation alone.
  5. 5Asian Energy Services LtdASIANENE · leader · Evidence leans up · 84% evidence54.4out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 20.2/35 · Revenue 100% · Profit 100% · Operating margin change 3 points · 74% evidenceCapital efficiency 11.9/25 · ROCE 16.3% · Operating margin 11% · 100% evidenceValuation 12.8/20 · P/E 25.2× · PEG 0.85 · 65% evidenceRelative strength 9.5/20 · Lead over its industry 2.1% · Lead over NIFTY 500 23.7% · 1 year 22.4% · 100% evidence · 12 of 12 weeks aheadExact sum: 20.2 + 11.9 + 12.8 + 9.5 = 54.4 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  6. 6Oil India LtdOIL · breaking out · Evidence leans up · 78% evidence51.8out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 21.9/35 · Revenue 19.2% · Profit 34.8% · Operating margin change 16 points · 83% evidenceCapital efficiency 13.1/25 · ROCE 11.5% · Operating margin 46% · 76% evidenceValuation 9.7/20 · P/E 8.8× · PEG — · 50% evidenceRelative strength 7.1/20 · Lead over its industry -16.2% · Lead over NIFTY 500 4.4% · 1 year 4.8% · 100% evidence · 8 of 12 weeks aheadExact sum: 21.9 + 13.1 + 9.7 + 7.1 = 51.8 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  7. 7Jindal Drilling & Industries LtdJINDRILL · quiet · Evidence leans down · 74% evidence47.2out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 9.3/35 · Revenue 11.9% · Profit -19.3% · Operating margin change -6 points · 88% evidenceCapital efficiency 13.8/25 · ROCE 13.7% · Operating margin 36% · 100% evidenceValuation 16.1/20 · P/E 7.4× · PEG 0.62 · 65% evidenceRelative strength 8.0/20 · Lead over its industry — · Lead over NIFTY 500 -6.5% · 1 year -13.8% · 25% evidence · 3 of 12 weeks aheadExact sum: 9.3 + 13.8 + 16.1 + 8 = 47.2 · What this means: The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far.
  8. 8Oil & Natural Gas Corpn LtdONGC · turning · Evidence leans down · 78% evidence41.2out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 16.2/35 · Revenue 7.1% · Profit 11.7% · Operating margin change -8 points · 83% evidenceCapital efficiency 13.1/25 · ROCE 14.2% · Operating margin 8% · 76% evidenceValuation 11.9/20 · P/E 6.5× · PEG — · 50% evidenceRelative strength 0.0/20 · Lead over its industry -25.5% · Lead over NIFTY 500 -6.5% · 1 year -11.7% · 100% evidence · 1 of 12 weeks aheadExact sum: 16.2 + 13.1 + 11.9 + 0 = 41.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  9. 9Hindustan Oil Exploration Company LtdHINDOILEXP · losing its lead · Most evidence points down · 89% evidence22.2out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 4.4/35 · Revenue -17.8% · Profit -80% · Operating margin change -36.1 points · 88% evidenceCapital efficiency 5.0/25 · ROCE 3.5% · Operating margin 4.8% · 100% evidenceValuation 8.0/20 · P/E 80.6× · PEG 1.2 · 65% evidenceRelative strength 4.8/20 · Lead over its industry -16.6% · Lead over NIFTY 500 3.4% · 1 year 0.4% · 100% evidence · 7 of 12 weeks aheadExact sum: 4.4 + 5 + 8 + 4.8 = 22.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  10. 10Deep Energy Resources Ltd(Merged)DEEPENR · Too little evidence to rank firmly · 24% evidence41.4out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 21.8/43.75 · Revenue -80% · Profit -80% · Operating margin change 32.5 points · 27% evidenceCapital efficiency 7.1/31.25 · ROCE -0.2% · Operating margin -10.6% · 57% evidenceValuation 12.5/25 · P/E — · PEG — · 0% evidenceRelative strength: no reading this week · its 20 points are shared across the other threeExact sum: 21.8 + 7.1 + 12.5 = 41.4 (no relative-strength reading this week; its 20 points are shared across the other three) · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose.

Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read.

The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section.

Related companies: Oil Drilling & Exploration, all 10 compared on one page.

Which companies are close to Deep Industries in size?

Deep Industries is the 3rd largest of 10 Oil Drilling & Exploration companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: Oil & Natural Gas Corpn and Oil India. Just below it: Antelopus Selan Energy, Dolphin Offshore Enterprises (India), Hindustan Oil Exploration Company and Asian Energy Services.

Oil Drilling & Exploration companies close in size

  1. Oil & Natural Gas Corpn Ltd ₹2,83,547 crore
  2. Oil India Ltd ₹73,848 crore
  3. Deep Industries Ltd ₹4,272 crore
  4. Antelopus Selan Energy Ltd ₹3,525 crore
  5. Dolphin Offshore Enterprises (India) Ltd ₹2,435 crore
  6. Hindustan Oil Exploration Company Ltd ₹2,026 crore
  7. Asian Energy Services Ltd ₹2,014 crore

All 10 Oil Drilling & Exploration companies, largest first

Companies close in size in other industries

  1. Goldiam International Ltd ₹4,301 crore · Lab Grown Diamonds
  2. Jeena Sikho Lifecare Ltd ₹4,294 crore · Ayurvedic
  3. Deep Industries Ltd ₹4,272 crore
  4. Harsha Engineers International Ltd ₹4,271 crore · Bearings
  5. Keystone Realtors Ltd ₹4,270 crore · Realty - Construction & Contracting

What else do people ask about Deep Industries?

What is Deep Industries's share price today?

Deep Industries Ltd's share price is ₹651.75, +27.2% over the past year. The whole company is worth ₹4,168 Cr on the market.

In the last 52 weeks it traded between ₹332 to ₹786; today it is 70% of the way up from the low, 12.4% above its 200-day average (as of 4 November 2026).

What were Deep Industries's latest quarterly results?

Deep Industries Ltd reported revenue of ₹279 Cr and net profit of ₹89.0 Cr for the Jun 2026 quarter. Revenue rose 39.5% and profit rose 43.5% compared with a year earlier. Earnings per share were ₹13.34.

The operating margin was 39.0%, 2.0 percentage points lower than a year earlier (as of 4 November 2026).

What is Deep Industries's market cap?

Deep Industries Ltd's market capitalisation is ₹4,168 Cr at a share price of ₹651.75. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 4 November 2026).

How is Deep Industries performing?

Deep Industries Ltd's share price has been rising for 24 weeks. In its latest quarter, revenue rose 39.5% and profit rose 43.5% compared with a year earlier. Over the past 13 weeks it has done better than the NIFTY 500, for 16 weeks running (as of 4 November 2026).

Will Deep Industries's share price go up?

This page does not forecast Deep Industries Ltd's share price. What it shows instead: the share price is ₹651.75, and it has been rising for 24 weeks. Its P/E of 10.1× is higher than 19% of its own last 5 years (as of 4 November 2026).

Who owns Deep Industries?

Promoters own 63.5% of Deep Industries Ltd, foreign institutions 2.5%, domestic institutions 2.0% and the public 32.0% (latest quarter). The biggest change over the last two years: Domestic institutions raised their stake by 2.0 percentage points over 8 quarters (as of 4 November 2026).

Where is Deep Industries in its business cycle?

Deep Industries Ltd's FY26 operating margin was 40.0%, against a 9-year range of 36.0% to 52.0%: the low end of its own range, which is often where recoveries start. The latest quarter was 39.0%.

Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 4 November 2026).

What could break the Deep Industries story?

Biggest thing to watch: the price has already been rising for 24 weeks, so timing is the risk more than the business.

On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 4 November 2026).

Is Deep Industries a stock worth studying right now?

What the numbers show: Deep Industries Ltd's multiple is near its low because earnings grew even faster than a 9× rise in the share price over five years. The multiple is low because of growth, not neglect.

Results are still improving, and its P/E is higher than only 19% of its own 5-year history. The main open question: the next one or two quarters of results. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 4 November 2026).

Is there a Deep Industries share price forecast for 2026?

What management itself guided: FY27 growth above 25-30%.

Where do these numbers come from?

Sector Alpha, written by code from the published numbers. Data as of 4 November 2026.

Every chart on this page is drawn by code from the published figures, with no forecasts and no price opinions.

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