Slide 1: Cover letter to BSE and NSE
October 29, 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 Q2 & H1FY25
CREATING VALUE FOR OIL & GAS INDUSTRY Investor Presentation – Q2 & H1FY25
Slide 3: Management Commentary
Management Commentary We are pleased to share our strong performance for the second quarter in a row, solidifying our order book and maintaining healthy margins, with this quarter delivering our highest quarterly PAT in the history of the Company. This success also marks an important step forward as
Slide 4: Agenda
Agenda 1. Financial Highlights 2. Company Overview 3. Way Forward 4. Annexure 3
Slide 5: Financial Highlights
yj; | Deep i. Industries EN Limited Financial Highlights
Slide 6: Consolidated Highlights
Consolidated Highlights Q2 FY25 ₹ 130.6 Cr. ₹ 64.6 Cr. ₹ 51.3 Cr. ₹ 41.5 Cr. 46.9% 30.2% Op. Revenue EBITDA* PBT PAT EBITDA PAT 28.9% YoY 33.9% YoY 35.2% YoY 40.7% YoY Margin Margin H1 FY25 ₹ 126 Cr. ₹ 100.4 Cr. ₹ 80.3 Cr. 46.3% 29.5% ₹ 254.1 Cr. Op. Revenue EBITDA* PBT PAT EBITDA PAT 25.4% YoY 30.2
Slide 7: Consolidated Quarterly P&L
Consolidated Quarterly P&L Particulars (₹ Cr) Q2 FY25 Q2 FY24 YoY Q1 FY25 QoQ Revenues 130.6 101.3 28.9% 123.5 5.8% Other Income 7.1 9.7 10.8 Total Income 137.7 111.0 24.1% 134.3 2.6% Operating Expenses 73.1 62.8 72.9 EBITDA 64.6 48.2 33.9% 61.4 5.1% EBITDA Margin (%) 46.9% 43.5% 345 bps 45.7% 115 b
Slide 8: Consolidated Half-Yearly P&L
Consolidated Half-Yearly P&L Particulars (₹ Cr) H1 FY25 H1 FY24 YoY Revenues 254.1 202.6 25.4% Other Income 18.0 15.3 Total Income 272.0 217.9 24.8% Operating Expenses 146.0 121.1 EBITDA 126.0 96.8 30.2% EBITDA Margin (%) 46.3% 44.4% 190 bps Depreciation 20.1 18.3 Finance Cost 5.6 2.6 Profit Before
Slide 9: Consolidated Balance Sheet
Consolidated Balance Sheet Particulars (₹ Cr) H1 FY25 31-Mar-24 31-Mar-23 Assets: Non-Current Assets 1,300 1,239 1,075 Current Assets 687 672 512 Total Assets 1,987 1,911 1,587 EQUITY AND LIABILITIES: Equity 1,504 1,443 1,370 Non Controlling Interest 89 84 9 Non-Current Liabilities 149 163 99 Curren
Slide 10: Company Overview
=“ Deep Industries is a\ Limited Company Overview
Slide 11: 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 12: Deep Industries covers 70% of post exploration value chain
…Deep Industries 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, Dee
Slide 13: 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 14: 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 15: Generating shareholder wealth since listing
…generating shareholder wealth since listing… Investment worth ₹ 36,000 has generated CAGR of 21.4% in 18 years Shareholder Wealth Creation 1400000 1200000 1000000 800000 600000 400000 200000 0 01-09-2006 01-09-2010 01-09-2014 01-09-2018 01-09-2022 *Investment value for 1,000 shares; Adjusted for de
Slide 16: Through robust financial growth
…through robust financial growth… Revenue EBITDA PAT 130.6 123.5 64.6 41.5 61.4 38.7 29.5 101.3 38.6 Q2FY24 Q1FY25 Q2FY25 Q2FY24 Q1FY25 Q2FY25 Q2FY24 Q1FY25 Q2FY25 28.9% YoY; 5.8% QoQ 33.9% YoY; 5.1% QoQ 40.7% YoY; 7.2% QoQ Revenue EBITDA PAT 427.0 195.0 125.3 125.1* 341.3 141.8 80.3 254.1 126.0 60.
Slide 17: And healthy balance sheet
…and healthy balance sheet… ROE (%) ROCE (%) 14.4 15.6 11.8 12.4 8.6 10.7 FY23 FY24 H1 FY25 FY23 FY24 H1 FY25 Debt to Equity (x) 0.16 0.11 0.05 FY23 FY24 H1 FY25 16 In ₹ Cr *Capital Employed for Operational ROCE excludes Intangibles & Goodwill
Slide 18: And consistent order flow
…and consistent order flow… Order Book (Rs. Cr.) 2,622 1,160 1,195 1,200 1,210 1,246 976 1,078 815 Q2FY23 Q3FY23 Q4FY23 Q1FY24 Q2FY24 Q3FY24 Q4FY24 Q1FY25 Q2FY25 Q2 FY25 Major Order Wins • Order from ONGC for Production Enhancement worth ₹ 1,402 crore for 15 years duration This contract aims to boos
Slide 19: 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 20: To long-standing loyal customer-base
…to long-standing loyal customer-base …a testimony of our capabilities 19
Slide 21: 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 22: Way-Forward
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Slide 23: 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 24: 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 23
Slide 25: 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 26: 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 27: 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 26
Slide 28: Annexure
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Slide 29: 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 30: 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 31: 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 32: 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 33: 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 34: 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 35: 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