# Deep Industries share price today (Deep Industries Ltd, NSE: DEEPINDS)

> Deep Industries share price today: ₹605.00 at the NSE close on 3 November 2026, up 25.2% in a year. Deep Industries (NSE: DEEPINDS) is worth ₹3,869 crore, trades at a P/E of 9.3 and has closed between ₹331.55 and ₹786.45 over the past 52 weeks. > Deep Industries Ltd's multiple is near its low because earnings grew even faster than a 8× 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 18% of its own 5-year history. DEEPINDS · Oil Drilling & Exploration · data as of 3 November 2026. Page: https://www.sectoralpha.in/stocks/deep-industries-ltd

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## Key numbers

- Business trend: Mixed, from fewer quarters than usual
- Price: ₹605.00 (+25.2% in a year)
- P/E: 9.3× (lower than 82% of the last 5.3 years)
- Revenue (Jun 2026): ₹279 Cr (+39.5% on a year ago)
- Profit (Jun 2026): ₹89.0 Cr (+43.5% on a year ago)
- Operating margin: 39.0% (−2.0 points on a year ago)
- ROCE: 16%, FY26
- Profit that came in as cash: 137%, last 3 years

Biggest thing to watch: the price has already been rising for 24 weeks, so timing is the risk more than the business. ## What is the Deep Industries share price today? Deep Industries Ltd's share price was ₹605.00 at the close on 3 November 2026. It has been rising for 24 weeks. That is 4.4% 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 60% of the way up from that low. Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 1 week running. Over the last 5.5 years the share price moved +2,840% while the NIFTY 500 moved +76%, so it is ahead of the index over that whole period. It was last ahead over 13 weeks in the week of 30 October 2026. 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

| Measure | April to June 2026 | April to June 2025 | Change |
| --- | --- | --- | --- |
| 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 margin | 39.0% | 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 ₹605.00 on 3 November 2026, up 25.2% from ₹483.30 a year earlier (31 October 2025) and up 732.2% over five years. Its highest weekly close since April 2021 was ₹786.45 on 4 September 2026. ### Deep Industries share price: then and now

| When | Close | Change to 3 Nov 2026 |
| --- | --- | --- |
| 1 week ago · 23 Oct 2026 | ₹674.00 | −10.2% |
| 1 month ago · 1 Oct 2026 | ₹749.00 | −19.2% |
| 6 months ago · 30 Apr 2026 | ₹485.55 | +24.6% |
| 1 year ago · 31 Oct 2025 | ₹483.30 | +25.2% |
| 3 years ago · 3 Nov 2023 | ₹256.25 | +136.1% |
| 5 years ago · 4 Nov 2021 | ₹72.70 | +732.2% |
| Earliest and lowest weekly close in our records · 30 Apr 2021 | ₹20.58 | +2,839.7% |
| Highest weekly close since April 2021, also the 52-week high · 4 Sep 2026 | ₹786.45 | −23.1% |
| 52-week low (weekly close) · 13 Mar 2026 | ₹331.55 | +82.5% |

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 3 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes. (296 weekly closes from 30 April 2021 to 3 November 2026.)

## What is the latest news on Deep Industries? 3 Nov 2026: Deep Industries closed at ₹605.00, down 10.2% on the week and down 19.2% 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 4 November 2026 (1 payment), a yield of 0.41% at the ₹605.00 close on 3 November 2026. The last was a dividend of ₹2.50 a share, ex-date 21 August 2026. ### Deep Industries dividends since 1 April 2021

| Ex-date | Dividend per share | Type | Record date |
| --- | --- | --- | --- |
| 21 Aug 2026 | ₹2.50 | Dividend | same day |
| 22 Aug 2025 | ₹3.05 | Dividend | same day |
| 9 Jul 2024 | ₹2.44 | Dividend | same day |
| 18 Sep 2023 | ₹1.85 | Dividend | same day |
| 8 Sep 2022 | ₹1.85 | Dividend | 9 Sep 2022 |
| 10 Nov 2021 | ₹1.40 | Interim | 11 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 5 Of 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 4 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](https://files.tijoristack.ai/concall/transcript/43795-30-Sep-2026.pdf). (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. - 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. - [Momentum stocks Market cap cr: 4328.955733652911](https://www.sectoralpha.in/momentum-stocks-india)
- [Oil & gas stocks Group on the list: Oilfield services and drilling](https://www.sectoralpha.in/sectors/oil-and-gas-stocks-india)

## 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. 2 of the last 12 reported quarters were loss-making. 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. The last four reported quarters add to ₹971 Cr. FY26 revenue was ₹891 Cr, +54.7% on the year 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. 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. ## 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. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. 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. 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. 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. 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 9.3×, near the low end of its own history: it has been lower only 18% 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. Where the price move came from: over 5 years the price moved +52.8% a year; about +46.5% a year came from earnings growth and about +6.3 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. 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. ## 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). 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. 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. Part of the spending on assets is being paid for with borrowed money. 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. 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. ## 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. ## 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. [Antelopus Selan Energy Ltd](https://www.sectoralpha.in/stocks/antelopus-selan-energy-ltd) ANTELOPUS · breaking out · Most evidence points up · 82% evidence 75.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 27.4/35 · Revenue 82.3% · Profit 100% · Operating margin change 16 points · 95% evidence Capital efficiency 21.0/25 · ROCE 19.9% · Operating margin 69% · 76% evidence Valuation 7.6/20 · P/E 19× · PEG n/a · 50% evidence Relative 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 ahead Exact 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. Deep Industries Ltd this page DEEPINDS · leader · Most evidence points up · 78% evidence 69.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 25.0/35 · Revenue 48.7% · Profit 100% · Operating margin change -2 points · 83% evidence Capital efficiency 16.8/25 · ROCE 16.5% · Operating margin 39% · 76% evidence Valuation 12.1/20 · P/E 10.3× · PEG n/a · 50% evidence Relative 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 ahead Exact 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. [Dolphin Offshore Enterprises (India) Ltd](https://www.sectoralpha.in/stocks/dolphin-offshore-enterprises-indialtd) DOLPHIN · breaking out · Most evidence points up · 93% evidence 65.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 19.4/35 · Revenue 82% · Profit 41.5% · Operating margin change -26 points · 100% evidence Capital efficiency 15.7/25 · ROCE 14.9% · Operating margin 63% · 100% evidence Valuation 12.0/20 · P/E 32.4× · PEG 0.85 · 65% evidence Relative 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 ahead Exact 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. [United Drilling Tools Ltd](https://www.sectoralpha.in/stocks/united-drilling-tools-ltd) UNIDT · Evidence leans up · 76% evidence 56.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 24.5/43.75 · Revenue 7.6% · Profit 26.3% · Operating margin change -1.4 points · 88% evidence Capital efficiency 14.8/31.25 · ROCE 10.4% · Operating margin 17.8% · 100% evidence Valuation 16.8/25 · P/E 25.7× · PEG 0.99 · 100% evidence Relative strength: no reading this week · its 20 points are shared across the other three Exact 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. [Asian Energy Services Ltd](https://www.sectoralpha.in/stocks/asian-energy-services-ltd) ASIANENE · leader · Evidence leans up · 84% evidence 54.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 20.2/35 · Revenue 100% · Profit 100% · Operating margin change 3 points · 74% evidence Capital efficiency 11.9/25 · ROCE 16.3% · Operating margin 11% · 100% evidence Valuation 12.8/20 · P/E 25.2× · PEG 0.85 · 65% evidence Relative 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 ahead Exact 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. [Oil India Ltd](https://www.sectoralpha.in/stocks/oil-india-ltd) OIL · breaking out · Evidence leans up · 78% evidence 51.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 21.9/35 · Revenue 19.2% · Profit 34.8% · Operating margin change 16 points · 83% evidence Capital efficiency 13.1/25 · ROCE 11.5% · Operating margin 46% · 76% evidence Valuation 9.7/20 · P/E 8.8× · PEG n/a · 50% evidence Relative 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 ahead Exact 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. [Jindal Drilling & Industries Ltd](https://www.sectoralpha.in/stocks/jindal-drilling-industries-ltd) JINDRILL · quiet · Evidence leans down · 74% evidence 47.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 9.3/35 · Revenue 11.9% · Profit -19.3% · Operating margin change -6 points · 88% evidence Capital efficiency 13.8/25 · ROCE 13.7% · Operating margin 36% · 100% evidence Valuation 16.1/20 · P/E 7.4× · PEG 0.62 · 65% evidence Relative strength 8.0/20 · Lead over its industry n/a · Lead over NIFTY 500 -6.5% · 1 year -13.8% · 25% evidence · 3 of 12 weeks ahead Exact 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. [Oil & Natural Gas Corpn Ltd](https://www.sectoralpha.in/stocks/oil-natural-gas-corpn-ltd) ONGC · turning · Evidence leans down · 78% evidence 41.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 16.2/35 · Revenue 7.1% · Profit 11.7% · Operating margin change -8 points · 83% evidence Capital efficiency 13.1/25 · ROCE 14.2% · Operating margin 8% · 76% evidence Valuation 11.9/20 · P/E 6.5× · PEG n/a · 50% evidence Relative 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 ahead Exact 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. [Hindustan Oil Exploration Company Ltd](https://www.sectoralpha.in/stocks/hindustan-oil-exploration-company-ltd) HINDOILEXP · losing its lead · Most evidence points down · 89% evidence 22.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 4.4/35 · Revenue -17.8% · Profit -80% · Operating margin change -36.1 points · 88% evidence Capital efficiency 5.0/25 · ROCE 3.5% · Operating margin 4.8% · 100% evidence Valuation 8.0/20 · P/E 80.6× · PEG 1.2 · 65% evidence Relative 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 ahead Exact 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. [Deep Energy Resources Ltd(Merged)](https://www.sectoralpha.in/stocks/deep-energy-resources-ltd-merged) DEEPENR · Too little evidence to rank firmly · 24% evidence 41.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 21.8/43.75 · Revenue -80% · Profit -80% · Operating margin change 32.5 points · 27% evidence Capital efficiency 7.1/31.25 · ROCE -0.2% · Operating margin -10.6% · 57% evidence Valuation 12.5/25 · P/E n/a · PEG n/a · 0% evidence Relative strength: no reading this week · its 20 points are shared across the other three Exact 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](https://www.sectoralpha.in/sectors/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](https://www.sectoralpha.in/stocks/oil-natural-gas-corpn-ltd) ₹2,83,547 crore
2. [Oil India Ltd](https://www.sectoralpha.in/stocks/oil-india-ltd) ₹73,848 crore
3. Deep Industries Ltd ₹4,272 crore
4. [Antelopus Selan Energy Ltd](https://www.sectoralpha.in/stocks/antelopus-selan-energy-ltd) ₹3,525 crore
5. [Dolphin Offshore Enterprises (India) Ltd](https://www.sectoralpha.in/stocks/dolphin-offshore-enterprises-indialtd) ₹2,435 crore
6. [Hindustan Oil Exploration Company Ltd](https://www.sectoralpha.in/stocks/hindustan-oil-exploration-company-ltd) ₹2,026 crore
7. [Asian Energy Services Ltd](https://www.sectoralpha.in/stocks/asian-energy-services-ltd) ₹2,014 crore

[All 10 Oil Drilling & Exploration companies, largest first](https://www.sectoralpha.in/sectors/oil-drilling-exploration#all-companies)

### Companies close in size in other industries

1. [Goldiam International Ltd](https://www.sectoralpha.in/stocks/goldiam-international-ltd) ₹4,301 crore · Lab Grown Diamonds
2. [Pilani Investment & Industries Corporation Ltd](https://www.sectoralpha.in/stocks/pilani-investment-industries-corporation-ltd) ₹4,287 crore · Finance - Holding Company
3. Deep Industries Ltd ₹4,272 crore
4. [Inox Green Energy Services Ltd](https://www.sectoralpha.in/stocks/inox-green-energy-services-ltd) ₹4,272 crore · Miscellaneous
5. [Keystone Realtors Ltd](https://www.sectoralpha.in/stocks/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 ₹605.00, +25.2% over the past year. The whole company is worth ₹3,869 Cr on the market. In the last 52 weeks it traded between ₹332 to ₹786; today it is 60% of the way up from the low, 4.4% above its 200-day average (as of 3 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 3 November 2026). ### What is Deep Industries's market cap? Deep Industries Ltd's market capitalisation is ₹3,869 Cr at a share price of ₹605.00. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 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 worse than the NIFTY 500, for 1 week running (as of 3 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 ₹605.00, and it has been rising for 24 weeks. Its P/E of 9.3× is higher than 18% of its own last 5 years (as of 3 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 3 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 3 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 3 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 8× 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 18% 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 3 November 2026). ### Is there a Deep Industries share price forecast for 2026? What management itself guided: FY27 growth above 25-30%. ## Lists

- Momentum stocks: https://www.sectoralpha.in/momentum-stocks-india
- Oil & gas stocks: https://www.sectoralpha.in/sectors/oil-and-gas-stocks-india

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