| Metric | Value (₹ Cr) | Q3 FY26 | Q4 FY25 |
|---|---|---|---|
| Revenue | 248.71 | 12.3% | 48.7% |
| Total Income | 273.64 | 18.3% | 58.1% |
| Expenditure | 185.11 | 31.0% | 48.9% |
| PBT | -119.75 | 232.9% | 40.8% |
| Net Profit | -7.22 | 110.1% | 96.5% |
| OPM | -50.81% | 96.03pp | |
| NPM | -2.64% | 33.47pp | |
| EPS | 2.24 | 78.9% | 93.2% |
Deep Industries FY26 Revenue Up 55% YoY to ₹891 Cr
14 May 2026 · 14 May, 7:52 pm
Summary
Deep Industries Limited reported a strong financial performance for FY 2026, with revenue from operations growing by 55% year-on-year to ₹890.71 Cr. The company's EBITDA increased by 44% to ₹424.82 Cr, achieving a margin of 44%, while Profit Before Tax surged by 65% to ₹347.95 Cr. Chairman and Managing Director, Mr. Paras S. Savla, expressed satisfaction with the results, highlighting the strategic write-off of legacy receivables from the Kandla acquisition to strengthen the balance sheet. The company also announced its entry into the Green Hydrogen Business through an MOU, positioning itself for continued growth and capitalizing on opportunities within the evolving energy sector.
Key Highlights
- 1
Revenue from operations for FY 2026 stood at ₹890.71 Cr, marking a 55% year-on-year increase.
- 2
EBITDA for FY 2026 was ₹424.82 Cr, growing by 44% year-on-year, with an EBITDA margin of 44%.
- 3
Profit Before Tax (PBT) for FY 2026 reached ₹347.95 Cr, showing a robust 65% year-on-year growth, and a PBT margin of 36%.
- 4
Net cash flow from operating activities increased to Rs. 270 Cr in FY 2026, up from Rs. 210 Cr in FY 2025.
- 5
The Board of Directors recommended a Final Dividend of Rs. 2.50 per Equity Share, representing 50% on the face value of Rs. 5.
- 6
The company made a non-recurring write-off of Rs. 208.28 crores in legacy trade receivables related to the Kandla acquisition to ensure a transparent balance sheet.
- 7
Deep Industries entered into a Memorandum of Understanding (MOU) to venture into the Green Hydrogen Business, exploring new areas to add to its service portfolio.
Management Comments
Mr. Paras S. Savla
expressed his satisfaction on companies FY 2026 performance which was due to its ability to adapt to market dynamics and seize emerging opportunities. The write off of receivables of Kandla amounting to Rs. 208.28 crores was a conscious decision taken to clean off our books and ensure a higher returns to the shareholders in years to come. In FY 26 we entered into an MOU for venturing into Green Hydrogen Business to explore the new business areas to add in our service portfolio. This MOU aims to bid for and execute various Green Hydrogen project tenders and contracts. The oil and gas sector is transitioning from a period of "crisis management" to a "structural rebalancing.” Closure of Strait of Hormuz and crude oil price rise resulted in supply side disruptions and Indian Govt has now fast tracked its resolve to reduce dependence on imports. With the vision of our Honorable Prime Minister Shri Narendra Modiji for Aatmanirbhar Bharat, Country is actively perusing investments for its exploration and production (E&P) sector as a part of broader USD 500 billion opportunity in its Energy Infrastructure by 2030. We are strategically positioned to capitalize on this opportunity, reinforcing our commitment to national energy security and long-term value creation. With strengthened leadership team the Company is now set for continued growth for operational excellence and innovation. We are confident of sustainable growth in years to come by capturing new opportunities and deliver long-term value to our stakeholders. We will continue our efforts on adopting best corporate governance and focus on sustainable development of our society through our various CSR Initiatives.
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