Deep Industries Limited · NSE:DEEPINDS
Deep Industries — Q1 FY25 Earnings Presentation
32 slides from Deep Industries's earnings presentation, Aug 5, 2024
Slide 1: Intimation to BSE and NSE of Investor Presentation
August 05, 2024 To, To, Corporate Relations Department Corporate Relations Department BSE Limited National Stock Exchange of India Ltd 2nd Floor, P.J. Towers, Exchange Plaza,Plot No. C/1, G-Block, Dalal Street, Bandra Kurla Complex, Bandra (E), Mumbai – 400 001 Mumbai – 400 051. SCRIP CODE : 543288
Slide 2: Creating Value for Oil & Gas Industry – Investor Presentation Q1FY25
CREATING VALUE FOR OIL & GAS INDUSTRY Investor Presentation – Q1FY25
Slide 3: Management Commentary
Management Commentary Building on last year’s momentum, the first quarter has shown robust growth with strong order flow and bidding pipeline. With positive sentiments prevailing and with operational excellence, we are hopeful of beating last year’s growth trajectory in onshore services and also eme
Slide 4: Agenda
Agenda 1. Financial Highlights 2. Company Overview 3. Way Forward 4. Annexure 3
Slide 5: Financial Highlights
A Deep fi. Industries EN Limited Financial Highlights
Slide 6: Consolidated Quarterly Highlights
Consolidated Quarterly Highlights Consolidated Performance for Q1 FY25 ₹ 123.45 Cr. ₹ 61.5 Cr. ₹ 49.1 Cr. ₹ 38.7 Cr. 45.7% 28.8% Op. Revenue EBITDA* PBT PAT EBITDA PAT 21.9% YoY 26.4% YoY 26% YoY 24.9% YoY Margin Margin Operational Highlights Robust Order book We continue to build a strong order boo
Slide 7: Consolidated Quarterly P&L
Consolidated Quarterly P&L Particulars (₹ Cr) Q1 FY25 Q1 FY24 YoY Q4 FY24 QoQ Revenues 123.45 101.31 21.9% 119.66 3.2% Other Income 10.84 5.61 11.22 Total Income 134.30 106.92 25.6% 130.88 2.6% Operating Expenses 72.87 58.33 81.83 EBITDA 61.43 48.59 26.4% 49.62 23.8% EBITDA Margin (%) 45.7% 46.4% 37
Slide 8: Company Overview
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Slide 9: A pioneer in Oil & Gas support services
A pioneer in Oil & Gas support services… One-stop solutions Experience of provider for Oil & more than 30 Gas field years in Oil & Gas operations & support services services Recently forayed Comprehensive into EPC of entire service portfolio Gas Processing with skilled facilities on manpower charter
Slide 10: Deep Inds covers 70% of post exploration value chain
…Deep Inds covers 70% of post exploration value chain… Natural Gas Natural Gas Natural Gas Workover & Integrated Project Compression Dehydration Services Processing on Drilling Rigs Management Services charter hires Services Services basis With its diversified oil & gas services portfolio, Deep Indu
Slide 11: With domain expertise, skilled manpower
…with domain expertise, skilled manpower… Unique Services Proposition Value added services with focus on client expectations. Projects are not only capital Strong Assets Portfolio Operational Excellence oriented but also technically complex. Our Fully mobile and customized equipment meeting Faster e
Slide 12: And global presence
…and global presence… Deep International DMCC has supplied various compression station for some clients in the MENA region to counter well head pressure reduction and maintain well head gas production. The projects are executed on a Build/ Own/ Operate basis with the regional partners. Fast Track Co
Slide 13: Generating shareholder wealth since listing
…generating shareholder wealth since listing… Investment worth ₹ 36,000 has generated CAGR of 18% in 19 years 9,00,000 8,26,900 De-merger of Oil & Gas E&P business into Deep Energy Resources Ltd. 6,00,000 3,00,000 36,000 0 9-25-2006 9-25-2011 9-25-2016 9-25-2021 *Investment value for 1,000 shares; A
Slide 14: Through robust financial growth
…through robust financial growth… Revenue EBITDA PAT 123.5 119.7 38.7 61.4 36.7 101.3 31.0 48.6 49.6 Q1FY24 Q4FY24 Q1FY25 Q1FY24 Q4FY24 Q1FY25 Q1FY24 Q4FY24 Q1FY25 21.9% YoY; 3.2% QoQ 26.4% YoY; 23.8% QoQ 24.9% YoY; 5.6% QoQ Revenue EBITDA PAT CAGR – 30.1% 427.0 CAGR – 30.9% CAGR – 24.5% 195.0 125.1
Slide 15: And consistent order flow
…and consistent order flow… Order Book (Rs. Cr.) 1200 1210 1246 1160 1195 1078 976 765 815 632 Q4FY22 Q1FY23 Q2FY23 Q3FY23 Q4FY23 Q1FY24 Q2FY24 Q3FY24 Q4FY24 Q1FY25 Q1 FY25 Major Order Wins Bidding Pipeline • Order from ONGC for hiring of DPDU (GDU) for processing gas • Conversion from robust worth
Slide 16: Offering distinctive value proposition
…offering distinctive value proposition… Diversified Service Portfolio: Offering wide range of services for various end use applications, catering to the major oil & gas producers and ensuring stability through varying market conditions and demand environment. Continuously Growing Order Book: Sustai
Slide 17: To long-standing loyal customer-base
…to long-standing loyal customer-base …a testimony of our capabilities 16
Slide 18: Led by able management team
…led by able management team PARAS SAVLA RUPESH SAVLA ROHAN SHAH Chairman and Managing Director Managing Director Director Finance & CFO With over three decades of expertise, he Possessing over 28 years of experience in A Chartered Accountant with over 18 graduated in Commerce from Gujarat the energ
Slide 19: Way-Forward
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Slide 20: Tapping offshore services market
Tapping offshore services market Target Industry Segments and Potential Clientele The Offshore Services business has following target market / industries o Offshore oil & gas industry - Energy producers with shallow water and deep water platforms o Offshore renewable energy industry – Offshore win
Slide 21: Recent acquisition – Dolphin Offshore capabilities
Recent acquisition – Dolphin Offshore has capabilities… Marines Operations and 1 Management Services Diving and 2 Underwater Services OFFSHORE Fabrication & SERVICES 3 Installation Services CAPABILITIES Rigs & Platform Repair and 4 Maintenance Services 5 Turnkey EPC Projects 20
Slide 22: Exploring opportunities in offshore segment
…and is exploring opportunities in this segment Vikrant Dolphin Platform Support (Now Prabha) – DP2 Vessels (PSV) and Accommodation Anchor Handling Barge CURRENT Tugs (AHT) OPPRTUNITIES & FOCUS Logistics & Crewing Marine Operations Support to Marine & Management Operations Services Investor Presenta
Slide 23: Dolphin Vikrant (now Prabha)
…provided by Dolphin Vikrant (now ‘Prabha’) The Dolphin Vikrant (now 'Prabha') is a DP2 dynamically positioned barge owned by a subsidiary of Dolphin Offshore Enterprises (India) Limited. Its advanced Dynamic Positioning System uses active thrusters to maintain precise positioning by counteracting e
Slide 24: Key Growth Drivers
Key Growth Drivers Charter Hire of entire Gas Acquisition of Dolphin Processing facilities Offshore Significant operational efficiencies leading to Strong liquidity position margin expansion Self-reliance in energy Optimum fleet utilization production leading to unprecedented demand 23
Slide 25: Annexure
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Slide 26: Strengths & Opportunities
Strengths & Opportunities Demonstrating remarkable operational efficiencies, the company consistently utilizes it’s executional abilities in 4-6 months that often take other organizations 10-12 Leveraging the flexibility of fully mobile units, the company months. This feat is attributed to our skill
Slide 27: Natural Gas Compression Services
Natural Gas Compression Services Artificial Gas Lift Enhanced Oil Recovery - Artificial gas lift is used so that Oil production from Well. can be enhanced. Can be used in mature, depleted fields, where the reservoir can no longer produce under its natural energy. Gas compression is used to inject ga
Slide 28: Natural Gas Dehydration Services
Natural Gas Dehydration Services Blast at the GAIL site increased scrutiny on the processes followed by the producers and transporters of Gas and resulted in regulations being made more stringent This necessitated Gas Producers to get a dehydration units installed at the site before selling Gas thro
Slide 29: Charter Hiring of Entire Gas Processing Facility
Charter Hiring of Entire Gas Processing Facility The Company has started providing Design, Supply, Installation, Commissioning and regular Operation and Maintenance of Production system to receive, process and deliver Hydrocarbons at custody transfer point which are produced from the wells. The deve
Slide 30: Workover and Drilling Rig Services
Workover and Drilling Rig Services Leading Solution provider for Coring, Air Drilling, Work over and Drilling Rig Services to Oil & Gas companies in India Assets & Capacities Expertise Clients Focus Assets & Capacities Owns & Operates 9 Provided complete solutions Successfully served long Fo
Slide 31: Integrated Project Management Services
Integrated Project Management Services Services included under IPM are: Surface Hole Drilling Air Drilling Cementing Geophysical Logging, wire line service Hydro Fracturing & Coiled tubing Well Completion Services-Work over operations to Production Integrated Project Management (IPM) is
Slide 32: Thank You
THANK YOU CIN: L14292GJ2006PLC049371 Mr. Rohan Shah, CFO rohan@deepindustries.com Darshan Mankad / Rohit Rokade 90999 47434 / 96643 55458 darshan.mankad@adfactorspr.com / rohit.rokade@adfactorspr.com