Deep Industries Limited — Investor Meet, 04-08-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Deep Industries started FY26 strong, with Q1 revenue jumping 61.6% YoY to ₹199.5 Cr and PAT rising 59.3% to ₹61.7 Cr. The company commenced production enhancement at Rajahmundry, aiming for 15-20% productivity growth. New wins include two Oil India workover rig contracts totaling over ₹142 Cr. The order book is robust at ₹3,051 Cr. Its offshore arm, Dolphin Offshore, began revenue from the Prabha-DP2 barge with a US$32.85 million Mexican contract. Management expresses high confidence, anticipating continued growth from strategic projects and market expansion.