Deep Industries Ltd

Meeting Details

• Date: Wednesday, September 30, 2026; Time not specified.
• Type: Group; Mode: Virtual.
• Event: Bharat Connect Conference organized by Arihant Capital Market Limited.

Participants

• Key company participants: Whole-time Director & Chief Financial Officer.

Purpose

• Purpose: participation in Bharat Connect Conference for investor interaction.

Deep Industries Ltd trading window closed from October 01, 2026 till completion of 48 hrs after the declaration of Un-audited Financial Results of the Company for the quarter and six months ending on September 30, 2026.

AGM details

• AGM held on 01 Sep 2026 at 11:00 AM via VC/OAVM.
• Remote e-voting window: 28-08-2026 to 31-08-2026; cut-off: 25-08-2026.
• Meeting duration: 11:00 to 11:24 AM.

Key resolutions and outcomes

• Resolution 1: Adoption of standalone and consolidated financial statements approved.
• Resolution 2: Final dividend of Rs 2.50 per share approved.
• Resolution 3: Re-appointment approved; minor opposition.
• Resolution 4: Approval of material related party transactions approved; minimal opposition.
• Resolution 5: Approval of related party transactions with subsidiaries approved; minimal opposition.
• Resolution 6: Approval of office of profit for Mr. Savla approved; minor opposition.
• Resolution 7: Alteration of Articles approved; minimal opposition.
• Resolution 8: ESOP Scheme 2026 approved; minimal opposition.

AGM Details

• Date: 01 September 2026.
• Time: 11:00 AM.
• Mode: VC/OAVM.

Resolutions

• Adopt audited standalone and consolidated financial statements for FY 2025-26.
• Declare final dividend of ₹2.50 per equity share for FY 2025-26.
• Re-appoint director retiring by rotation: Rohan Vasantkumar Shah.
• Approve material related party transactions proposed by the company.
• Approve material related party transactions involving the subsidiaries.
• Approve related party transaction for holding office or place of profit for Mr. Shail Manoj Savla as president.
• Alter the articles of association of the company.
• Approve Deep Industries ESOP Scheme 2026.

Voting status

• Voting results to be submitted separately to stock exchanges.

Business overview

• Deep Industries provides integrated onshore and offshore O&G field services.
• Acquired 75% Dolphin Offshore in 2023, expanding offshore presence.
• ONGC Production Enhancement Contract and government schemes underpin growth.

Operational highlights

• Opening order book ₹3,007 Cr as of Apr 1, 2026.
• Closing order book ₹3,047 Cr as of 30 Jun 2026.
• Q1 FY27 additions ₹319 Cr to order book.
• Q1 FY27 executions ₹279 Cr.
• ₹1,402 Cr ONGC Production Enhancement contract for 15 years.
• Dolphin Offshore DP2 barge commenced revenue generation.

Financial performance

• FY26 revenue ₹890.71 Cr; EBITDA ₹424.82 Cr; PAT ₹197.06 Cr.
• FY26 cash profit ₹442.12 Cr; EPS ₹28.12.
• FY26 revenue rose 54.60% YoY to ₹890.71 Cr.

Capital structure & liquidity

• Equity ₹1,999 Cr; total assets ₹2,595 Cr as of 31-Mar-26.
• Debt position not disclosed; current liabilities ₹313 Cr; non-current ₹170 Cr.

Strategic priorities & outlook

• Pursue higher-capacity drilling rigs under IPMS.
• Expand offshore footprint via Dolphin Offshore; pursue long-term charter orders.
• Leverage government schemes Samudra Manthan & GOBARdhan to expand addressable markets.

Risks & governance

• Risks include contract execution delays, policy/regulatory shifts, and market volatility.
• Governance: promoter-led with independent board; key executives remain in place.

Meeting Details

• Date: Wednesday, August 26, 2026.
• Type and mode: One-on-One/Group, physical in Ahmedabad.
• Event/Organizer: Market Marvel investor conference by Phillip Capital India Private Limited.
• Company participants: Whole-time Director & CFO.
• Purpose: Investor conference participation.

Meeting Details

• Date: August 26, 2026; Time: not disclosed.
• Type: One-on-One/Group; Mode: Physical in Ahmedabad.
• Event: Market Marvel conference organized by Phillip Capital India Private Limited – Private Client Group.
• Company participants: Whole-time Director & Chief Financial Officer.
• Purpose: Investor conference participation.

Meeting Details

• EMKAY Confluence 2026 on Aug 13, 2026; One-on-One/Group; Physical in Mumbai.
• Equirus Annual India Conference on Aug 14, 2026; One-on-One/Group; Physical in Mumbai.
• Times not disclosed.

Participants

• Company management participation not detailed in the filing.

Purpose

• Purpose: investor conference interactions and updates.

Additional Notes

• Intimation will be uploaded on the company website.