Slide 1: Cover letter to BSE and NSE
November 08, 2025 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 : 5432
Slide 2: Creating Value for Oil & Gas Industry - Investor Presentation Q2 & H1 FY26
CREATING VALUE FOR OIL & GAS INDUSTRY Investor Presentation – Q2 & H1 FY26
Slide 3: Consistent progress
Consistent progress We are delighted to share that Deep Industries Ltd has sustained its impressive momentum through the first half of FY26, leveraging our strategic initiatives and unwavering operational excellence to deliver strong results. In the first half, we successfully took over the Rajahmun
Slide 4: Agenda
Agenda 1. Quarterly Highlights 2. Industry Overview/Update 3. Company Overview 4. Stakeholders’ Value Creation 5. Way Forward 6. Annexure 3
Slide 5: Quarterly Highlights
yj; Deep fi. Industries EN Limited Quarterly Highlights
Slide 6: Consolidated Highlights
Consolidated Highlights ₹ 221.0 Cr. ₹ 112.9 Cr. ₹ 91.5 Cr. ₹ 71.2 Cr. 46.6% 29.4 % Q2 FY26 Op. Revenue EBITDA* PBT PAT EBITDA PAT 69.2% YoY 74.7% YoY 78.3% YoY 71.4% YoY Margin* Margin ₹ 420.5 Cr. ₹ 207.9 Cr. ₹ 169.3 Cr. ₹ 132.9 Cr. 45.7% 29.2% H1 FY26 Op. Revenue EBITDA* PBT PAT EBITDA PAT 65.5% Yo
Slide 7: Consolidated P&L: Q2 FY26
Consolidated P&L: Q2 FY26 Particulars (₹ Cr) Q2 FY26 Q2 FY25 % YoY Q1 FY26 % QoQ Revenues 221.0 130.6 69.2% 199.5 10.8% Other Income 21.3 7.1 13.4 Total Income 242.3 137.7 75.9% 212.9 13.8% Operating Expenses 129.4 73.1 117.9 EBITDA* 112.9 64.6 74.7% 95.0 18.8% EBITDA Margin (%) 46.6% 46.9% 44.6% 19
Slide 8: Consolidated P&L: H1 FY26
Consolidated P&L: H1 FY26 Particulars (₹ Cr) H1 FY26 H1 FY25 % YoY Revenues 420.5 254.1 65.5% Other Income 34.7 18.0 - Total Income 455.2 272.0 67.3% Operating Expenses 247.3 146.0 EBITDA* 207.9 126.0 64.9% EBITDA Margin (%) 45.7% 46.3 Depreciation 27.9 20.1 Finance Cost 10.64 5.6 Profit Before Exce
Slide 9: Consolidated Balance Sheet
Consolidated Balance Sheet Particulars (₹ Cr) H1 FY26 31-Mar-25 31-Mar-24 Assets: Non-Current Assets 1,592 1,483 1,239 Current Assets 950 910 672 Total Assets 2,542 2,393 1,911 EQUITY AND LIABILITIES: Equity 1,931 1,820 1,443 Non-Controlling Interest 102 95 84 Non-Current Liabilities 171 175 163 Cur
Slide 10: Industry Overview
Industry Overview
Slide 11: Domestic Oilfield Services Sector Poised for Resurgence
Domestic Oilfield Services Sector Poised for Resurgence Drivers of Oil & Gas Equipment Energy Security Strategy India's Energy Sector Projections Service Market Growth Enhanced Oil Recovery Crude Oil Natural Gas Techniques Energy Security Advanced methods to Reduce 85% import dependence increase oil
Slide 12: Company Overview
“ Deep Industries is a\ Limited Company Overview
Slide 13: A pioneer in Oil & Gas support services
A pioneer in Oil & Gas support services… One-stop Pioneer in Experience of solutions Comprehensive converting EPC more than provider for service portfolio of entire Gas 30 years in Oil & Oil & Gas field with skilled Processing Gas support operations & manpower facilities into services services chart
Slide 14: Deep Industries covers 70% of post exploration value chain
…Deep Industries covers 70% of post exploration value chain… Production Integrated Project Natural Gas Enhancement Offshore services Management Contracts • Charter hire of entire • Drilling services • Comprehensive • Prabha – DP2 Natural Gas processing • Work-over services services to enhance Accomm
Slide 15: 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 oriented but also technically complex. Our Strong Assets Portfolio Operational Excellence capabilities to handle complex projects Fully mobile a
Slide 16: And global presence
…and global presence… Deep Industries Ltd. Dolphin Offshore Enterprises (India) - Subsidiaries Ltd. - Subsidiaries Deep International Beluga International DMCC DMCC Clients in MENA Prabha-DP2 Barge in Region Mexican Waters SAAR International FZE LLC Dolphin Offshore Enterprises Ras Al Khaimah (Mauri
Slide 17: Stakeholder's Value Creation
Stakeholder’s Value Creation
Slide 18: Stakeholder value generation in last one decade
0 4,00,000 6,00,000 8,00,000 10,00,000 12,00,000 14,00,000 2,00,000 16,00,000 Dec-15 Feb-16 Apr-16 Jun-16 Aug-16 Oct-16 Dec-16 2,81,350 Feb-17 Apr-17 Jun-17 Aug-17 Oct-17 Dec-17 2,05,500 Feb-18 Apr-18 Jun-18 Aug-18 Oct-18 Dec-18 1,26,500 Feb-19 Apr-19 Jun-19 Aug-19 Oct-19 Dec-19 Feb-20 Apr-20 Jun-20
Slide 19: Through robust financial growth
…through robust financial growth… Revenue EBITDA PAT 221.0 112.9 199.5 95.0 71.2 61.7 64.6 130.6 41.5 Q2FY25 Q1FY26 Q2FY26 Q2FY25 Q1FY26 Q2FY26 Q2FY25 Q1FY26 Q2FY26 69.2% YoY; 10.8% QoQ 74.7% YoY; 18.8% QoQ 71.4% YoY; 15.4% QoQ Revenue EBITDA PAT 576.1 65.5% YoY 64.9% YoY 65.6% YoY 263.8 161.0 427.0
Slide 20: Healthy balance sheet
…healthy balance sheet… ROCE (%) ROE (%) 18.0 14.9 11.8 12.0 12.4 13.0 10.7 8.6 FY23 FY24 FY25 H1 FY26 FY23 FY24 FY25 H1 FY26 Debt to Equity (x) 0.14 0.11 0.10 0.05 FY23 FY24 FY25 H1 FY26 19 In ₹ Cr ROE and ROCE are excluding Goodwill and for H1 they are annualized
Slide 21: Consistent order flow
…and consistent order flow… Order Book (Rs in Cr.) CAGR 53.0% from FY22 to Nov 25 3,500 2,960 3,051 3,050 3,000 2,500 2,000 1,500 1,210 1,078 1,000 632 500 - FY22 FY23 FY24 As on May'25 As on Aug'25 As on Nov'25 Figures are on Consolidated basis and rounded off to nearest decimal place. 20
Slide 22: Offering distinctive value proposition
…offering distinctive value proposition… Operational Market Charter hiring of entire Efficiency Expansion gas processing facility Completes tasks faster than Poised for expansion in offshore Capitalizing on converting EPC competitors due to skilled workforce marine services market in to charter hire
Slide 23: Long-standing loyal customer-base
…to long-standing loyal customer-base …a testimony of our capabilities 22
Slide 24: Way-Forward
f\ Deep fi. Industries ER Limited
Slide 25: Key Growth Drivers
Key Growth Drivers Charter hire of entire Gas Processing facilities Production Enchantment Contract (PEC) Integrated Project Management Offshore Services 24
Slide 26: Production Enhancement Contract
Production Enhancement Contract The Company has secured a 1,402 crore contract from ONGC for 15 years. The said contract offers comprehensive services to boost production from one of the Matured Fields of ONGC. The Company is backed by 3 decades of experience. Ground-level operations has been st
Slide 27: Tapping offshore services market
Tapping offshore services market Target Industry Segments and Potential Clientele The Offshore Services business has following target market / industries Offshore oil & gas industry - Energy producers with shallow water and deep water platforms Offshore renewable energy industry – Offshore win
Slide 28: Provided by Dolphin Offshore
…provided by Dolphin Offshore… Prabha-DP2 The dynamically positioned DP2 barge, owned by Beluga International DMCC, Dubai a wholly owned subsidiary of Dolphin Offshore Enterprises (India) Limited has commenced revenue generation from May 2025. DP2 barge like Prabha are in heavy demand due to its
Slide 29: Other growth-supporting services
…that offers other growth-supporting services Platform Support Vessels (PSV) and Anchor Handling Tugs Supply Vessel (AHTSV) CURRENT OPPORTUNITIES Logistics & Crewing & FOCUS Support to Marine Operations Marine Operations & Management Services 28
Slide 30: Annexure
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Slide 31: Onshore & Offshore Oil and Gas Services
Onshore & Offshore Oil and Gas Services Under Onshore Oil and Gas services, the operations are performed onshore, i.e. on Land Onshore drilling rigs use surveys and drilling techniques to extract hydrocarbons It reduces transport and logistical costs compared to offshore drilling Proximity t
Slide 32: Natural Gas – Charter Hire of Gas Processing facility
Natural Gas – Charter Hire of Gas Processing facility Offers Design, Supply, Installation, Commissioning, and O&M of hydrocarbon production systems Facility reflects commitment to value-added services Enhances client offerings through end-to-end services Forays in to converting EPC into Char
Slide 33: Natural Gas - Compression
Natural Gas - Compression Artificial Gas Lift Enhanced . Oil Recovery Gas compression injects gas into wells to boost production Artificial gas lift enhances oil production in mature, depleted fields where natural reservoir energy is insufficient. Gas Transportation Distribution Pressure loss
Slide 34: Natural Gas - Dehydration
Natural Gas - Dehydration 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 through pip
Slide 35: Integrated Project Management Services (IPMS)
Integrated Project Management Services (IPMS) Services included under IPM are: Drilling Air Drilling Cementing Geophysical Logging, wire line service Hydro Fracturing & Coiled tubing Well Completion Services-Work over operations to Production IPM is a turnkey solution to drill and comple
Slide 36: IPMS - Workover and Drilling Rig Services
IPMS - 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 Provided complete solutions Successfully served long
Slide 37: Management Team
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 30 years of experience in A Chartered Accountant with over 20 graduated in Commerce from Gujarat the energy sector, he
Slide 38: Corporate Social Responsibility
Corporate Social Responsibility Deep Industries has launched Blended Interactive Learning, a technology-driven approach to enhance primary education in Gujarat, aligned with government curriculum. The flagship product, Smart Class, integrates tools like sLate (schoolsLENS Advanced Technology for Edu
Slide 39: Thank You
THANK YOU CIN: L14292GJ2006PLC049371 Mr. Rohan Shah, Director Finance & CFO rohan@deepindustries.com Ashith Salian / Rohit Rokade 93241 71767 / 96643 55458 ashith.salian@adfactorspr.com / rohit.rokade@adfactorspr.com