Deep Energy Resources Ltd.
Snapshot View

47.80 +0.85 ▲1.8%

30 July 2021, 04:00:00 P.M.
Volume: 9,481

Overview View Details

Sector Crude Oil Compare with Sector peers
Industry Oil Exploration Compare with Industry peers
Website http://www.deepindustries.com
Financial Indicators
Market Cap 154.40 Cr.
Earnings per share (EPS) 0.13 Trailing Twelve Months Ending 2021-03
Price-Earning Ratio (PE) 363.29 Trailing Twelve Months Ending 2021-03
Industry PE 9.32 Trailing Twelve Months Ending 2021-03
Book Value / Share 128.45 Trailing Twelve Months Ending 2021-03
Price to Book Value 0.38 Calculated using Price: 48.25
Dividend Yield 0.00 Period Ending 2020-03
No. of Shares Subscribed 3.20 Cr. 32,000,000 Shares
FaceValue 10
Company Profile

Deep Industries Limited (DIL), established in the year 1991 with headquarters in Ahmedabad, Gujarat, primarily caters to ever increasing demand for Oil and Gas Field Services requirements. Deep Industries is the largest company in India in private sector, operating maximum no. of Compressors, having more than 20 Gas & Air Compressors in stock.

DIL is well diversified Oil & Gas Company with business interest in Air and Gas compression, Drilling, Work over and Oil & Gas Exploration and Production.Deep Industries Limited is a pioneer in the service sector of oil and gas fields, mainly in Gas compression services. They also provide work-over, Drilling Rig and allied services. The Company was formed primarily for providing valued, dedicated and professional services to the oil & Gas client in India.

After 16 years of featured services to the esteemed clients, namely Oil & Natural Gas Corporation Limited (ONGCL), Assam Gas, and the private operators like L&T, Niko-GSPCL, HOEC, Selan Explorations etc to their utmost satisfaction. Deep Industries Ltd is focusing towards expanding its operations to United States of America (USA), Asian countries and the southern part of India for providing services as an outsourcing service provider to Oil & Gas Industry.

DIL has been awarded two Coalbed Methane (CBM) blocks by Government of India in the CBM III round. DIL has also been awarded service contract for the development of three onshore marginal fields at Ghotaru, Bankia and Kharatar in Jaisalmer district of Rajasthan.

Deep Industries Limited (DIL) along with its consortium members has been awarded CBM blocks under the third round of Coalbed Methane Exploration policy. Subsequently DIL signed a production sharing contract with GOI for exploration of Coalbed Methane for a period of 34.5 years. The current project deals with exploration of Methane gas entrapped within the coal seams. In case of encouraging results of exploration, development of the block for the purpose of production of Methane gas is also envisaged.Deep Industries Limited (DIL) has been awarded service contract for the development of three onshore marginal fields by ONGC.Marginal Fields are located at Ghotaru, Bankia and Kharatar in Jaisalmer district of Rajasthan.

The company is executing contract compression on turnkey basis, which includes supply of Equipment, Commissioning, Operation & Maintenance of Gas Engine driven compressor package. It has joined hands with reputed and experienced companies like Valerus Compression Services, Houston Texas, Hanover Company USA for supply of gas compressor packages in India and have technical back up for varied services of Oil & Gas sector.

Deep Industries Limited acquires another milestone by Signing MOU for Technical Collaboration with Abu Dhabi General Maintenance and Petroleum Services Company ( ADMASCO ) for Drilling Rigs up to 2000HP on 10 January 2008.

The company is prepared to undertake significant growth and succeed to achieve through focusing on specialized activities and offering a broad spectrum of skills to serve a wide clientele base for Oil and Gas Exploration, Engineering, Servicing, Transportation, Natural Gas Compression, work over and drilling and other allied services furnishing entire range of activities from conceptualization to completion as required by Oil, Gas and Petrochemical Industries. The company endeavor to achieve a high-quality reputation and excel in all its undertakings by implementing the strategies.

The company has executed many jobs of contract compression. Its ongoing projects include:

  • ONGC Mehsana - Compressing 2.0 Lacs SCMD at Sobhsan CTF, Mehsana
  • GACL Dahej - Compressing 60000 SCMD at Dahej Works
  • Assam Gas Company - Compressing 20000 SCMD at Golaghat
  • ONGC Rajahmundry - Compressing 80000 SCMD at Kesanapalli (West)
  • ONGC Hazira - Compressing 100000-120000 SCMD at 03 nos. of Installation Geleky
  • GSPL Gandhinagar - Compression 150000 SCMD at Olpad Surat at 3 nos. of Installations.

Subsidiaries

Deep Energy, LLC, a subsidiary of Deep Industries Limited is an Oil and Gas Operator, Exploration and Production company in the state of Okhlahama, USA. It currently operates at Earlsboro Field .

Milestones

  • A total solution provider in oil and gas field since the year 1991
  • First company in India to provide high pressure air compressor on charter hire basis
  • First company in India to provide natural gas compressors on charter hire basis
  • Largest private sector natural gas Compression Company in India
  • First company to provide natural gas compression services globally
  • Compressor up time is 98% without standby and 100% with standby
  • Awarded two CBM blocks in CBM III rounds by Government of India
  • Awarded service contract for the development of three Marginal Field Gas blocks by ONGC

Awards/Achievements

Member of International Association of Drilling Contractors (IADC) in good standing and pursuing highly accredited ISO 9001-2000 Quality Management System.

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
+1.81%
1 Week
-7.90%
1 Month
+11.16%
3 Month
+29.36%
6 Month
+12.87%
1 Year
-32.25%
2 Year
-54.54%
5 Year
-75.64%
9 years 2012-03 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03
Return on Equity (%) 8.72 7.58 11.22 10.51 17.58 23.77 18.37 0.04 0.12
Return on Capital Employed (%) 10.76 10.82 14.74 13.81 17.92 22.25 19.14 0.04 0.10
Return on Assets (%) 4.71 3.97 6.07 5.72 8.04 10.86 9.73 0.03 0.10

Balance Sheet View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Shh. Funds 151 172 194 220 258 386 457 394 396
Non Curr. Liab. 108 91 109 104 225 233 220 6 5
Curr. Liab. 53 38 56 60 152 126 160 52 72
Minority Int. 0 0 0 0 0 5 5 5 14
Equity & Liab. 313 300 359 384 635 750 842 457 487
Non Curr. Assets 241 252 293 325 500 595 559 388 430
Curr. Assets 71 48 66 59 135 156 284 68 57
Misc. Exp. not W/O
Total Assets 313 300 359 384 635 750 842 457 487

Profit Loss View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Net Sales 60 65 91 101 169 277 313 1
Other Income 1 2 1 1 1 9 7 0 0
Total Income 61 67 92 103 170 287 320 0 1
Total Expenditure -32 -29 -38 -46 -73 -122 -151 0 0
PBIDT 30 38 54 56 97 165 169 0 1
Interest -5 -6 -9 -11 -15 -22 -12 0 0
Depreciation -7 -10 -12 -12 -20 -34 -39 0 0
Taxation -6 -9 -13 -12 -21 -34 -41 0 0
Exceptional Items
PAT 12 12 20 21 41 75 77 0 0

Cash Flow View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Cash Fr. Operatn. 28 32 39 43 75 110 143 -18 41
Cash Fr. Inv. -98 -16 -58 -32 -204 -144 -74 10 -42
Cash Fr. Finan. 69 -14 23 -11 135 46 -47 35 -23
Net Change -1 2 5 0 6 12 22 27 -24
Cash & Cash Eqvt 4 7 11 11 17 16 38 31 6

Shareholding Pattern View Details

9 Qtrs 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%)
Promoter 63.99 63.99 63.99 63.99 63.99 63.99 63.99 63.99 63.99
Public 36.01 36.01 36.01 36.01 36.01 36.01 36.01 36.01 36.01
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Announcements View Details

Wed, 21 Jul 2021
Shareholding for the Period Ended June 30 2021
Deep Energy Resources Ltd has submitted to BSE the Shareholding Pattern for the Period Ended June 30 2021. For more details kindly Click here
Thu, 08 Jul 2021
Disclosure On Related Party Transactions For Year Ended On March 31 2021
In compliance with Regulation 23 (9) of SEBI (Listing Obligation and Disclosure Requirement) (Amendment) Regulation 2018 we submit herewith the disclosure on Related Party Transactions for year ended on March 31 2021.
Thu, 08 Jul 2021
Announcement under Regulation 30 (LODR)-Resignation of Director
With reference to caption subject we would like to inform you that Mr. Kirit Joshi (DIN: 05316488) has tendered his resignation from the post of Independent Director of the Company with effect from July 08 2021.

Technical Scans View Details

Fri, 30 Jul 2021
Strongly Outperforming Benchmark Index Strongly Outperforming Benchmark Index
Strongly Outperforming Sectoral Index Strongly Outperforming Sectoral Index
Either SRS Or ARS Going Above Zero Either SRS Or ARS Going Above Zero
Close Crossing 50 EMA From Below Close Crossing 50 EMA From Below
+DI Crossing -DI From Above +DI Crossing -DI From Above

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