Slide 1: DEEP Industries Limited
DEEP Industries ...___~= Limited Oil & Gas Exploration August 9,2022 Production & Services To, To, Corporate Relations Department Corporate Relations Department Bombay Stock Exchange Limited National Stock Exchange of India Ltd. 2nd Floor, P.J.Towers, Exchange Plaza,Plot No. C/1, G-Block, Dalal Stre
Slide 2: Q1FY23 Earnings
DEEP Q1FY23 Earnings Industries 9th August’2022 Limited 1
Slide 3: Disclaimer
Disclaimer This presentation and the accompanying slides (the “Presentation”), which have been prepared by Deep Industries Ltd. (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securitie
Slide 4: Management Commentary & Business Outlook
Management Commentary & Business Outlook Paras Savla (Chairman and Managing Director) “We have had a good start to FY23 and I am very happy to share that as on date, Deep has a strong consolidated order book of over Rs.760Cr. It has grown by about 90% compared to first quarter of last year. Deep is
Slide 5: Key Highlights of Q1FY23
Key Highlights of Q1FY23 HIGHLIGHTS of Q1FY23 o Revenue up 3% on a YoY basis at Rs.73Cr. o EBITDA grew by 3% to Rs.32crs. o PAT up 17% in Q1FY23 at Rs.19.5Cr compared to Rs.16.72 Cr in same quarter last year o Both EBITDA Margin and PAT Margin have improved on quarterly as well as yearly basis Stron
Slide 6: Key Strategic Highlights Q1FY23
Key Strategic Highlights Q1FY23 Particulars Current Status o Arbitration Tribunal has decided in favour of Deep Industries against the ONGC case and cited that termination of the dehydration contracts by ONGC was illegal ONGC Case Update and also contravened the provisions of the contract agreement.
Slide 7: Key Financial Highlights Q1FY23
Key Financial Highlights Q1FY23 Consolidated Financials Revenue EBITDA PAT Rs. 731 Mn Rs. 319 Mn Rs. 195 Mn 3% YoY 3% YoY 17% YoY Current Capacity Utilization Gas Compression Gas Dehydration Workover & Drilling Rigs ~85% ~50% 100% PAGE 6 DEEP Industries Limited
Slide 8: Strong Order Book
Strong Order Book Rs Crs 760+ 632 556 434 400 Q1FY22 Q2FY22 Q3FY22 Q4FY22 Current Major Order Wins in Q1FY23 o Rs 150 crore from ONGC - charter hiring of 2 - 1000 HP Mobile Drilling Rigs for Ahemdabad Asset for 3 years Major Order Wins in Q4FY22 o Rs 72 crores from ONGC – 4.5 LSCMD capacity at Linch
Slide 9: Revenue from Operations - Consolidated
Revenue from Operations - Consolidated Rs Crs YoY Growth – 3% Rs Crs YoY Growth – 66% 322 73 71 194 Q1FY22 Q1FY23 FY21 FY22 For Quarter Ending For Year Ending PAGE 8 DEEP Industries Limited
Slide 10: EBITDA & PAT - Consolidated
EBITDA & PAT - Consolidated EBITDA & EBITDA Margin PAT & PAT Margin YoY Growth – 17% YoY Growth – 3% Rs Crs Rs Crs 21 20 28% 17 26% 18 36 32 45% 24% 33 31 26% 15 30 45% 24% 22% 27 24 44% 12 20% 21 44% 18 44% 9 18% 15 43% 16% 12 43% 6 9 14% 6 43% 3 3 12% 0 42% 0 10% Q1FY22 Q1FY23 Q1FY22 Q1FY23 For Qu
Slide 11: Consolidated Income Statement Q1FY23
Consolidated Income Statement Q1FY23 Consolidated Particulars (Rs. Cr) Q1 FY23 Q1 FY22 YoY% FY22 Revenue from Operations 73.15 71.01 3% 321.6 Other Income 2.33 0.88 4.6 Total Income 75.48 71.89 5% 326.3 Direct Expenses 29.02 28.61 149.3 Employee Expenses 7.25 6.5 27.7 Other Expenses 7.28 5.7 29.9 EB
Slide 12: Focus on Debt Reduction
Focus on Debt Reduction Long Term Debt Reduction – Rs Crores 223 231 Credit Rating 101 83 41 17 FY17 FY18 FY19 FY20 FY21 FY22 Executing Balance Sheet Goals PAGE 11 DEEP Industries Limited
Slide 13: Annexures
Annexures PAGE 12
Slide 14: Three Decades of Expertise
Three Decades of Expertise Successful 30+ year company history with proven success over time 1991-1994 1995-2004 2005-2015 2015 - Current 1991 : Starts the 1997 : first contract in 2005 : commences Rigs 2016 : Successfully raised journey Natural Gas services segment & USD 10 million via QIP. Compres
Slide 15: Presence Across the Energy Value Chain
Presence Across the Energy Value Chain UPSTREAM MIDSTREAM DOWNSTREAM Drilling Completions Gathering Processing Pipeline Rrefining Distribution Transportation Characteristic Benefits across full spectrum The Result to Deep Production Focused Relatively stable compression demand Highly efficient opera
Slide 16: Experienced Management Team
Experienced Management Team Paras Savla, Chairman and Managing Director - Over 30 years of experience. He is a Commerce Graduate from Gujarat University and under his direction and stewardship the organisation has expanded multifold. Under his vision, the organisation has transformed itself over the
Slide 17: Natural Gas Compression
Natural Gas Compression What is compression? What sets us apart? o Natural Gas Compression is an essential technology Pioneers: We pioneered natural gas compression services on employed to boost the pressure of natural gas for its charter hire basis in India and are one of the largest Company in var
Slide 18: Natural Gas Compression
Natural Gas Compression Growth Drivers/ Varied End User Applications During transportation of Gas through pipeline, there is pressure loss. Compression of Gas Natural Gas is required to boost the pressure to ensure that Natural Gas flows through Transportation pipeline Industrial application : refin
Slide 19: Natural Gas Dehydration
Natural Gas Dehydration What is Gas Dehydration? What sets us apart? o Dehydration of natural gas is a technology First Movers Advantage : We are one of the first companies in employed to separate the moisture content and India who qualifies to provide Gas Dehydration on charter hire other heavy con
Slide 20: Natural Gas Dehydration
Natural Gas Dehydration Growth Drivers Opportunity The immediate potential at present state to Dehydrate Gas is estimated to be additional ~10 MMSCMD. Size PNGRB has made it mandatory to have the Gas Dehydrated before transportation Compliance through National Gas Grid Received re-award for Contract
Slide 21: Workover & Drilling Rigs
Workover & Drilling Rigs What is Workover Rig Operation? What sets us apart? o Oil & Gas producing wells require servicing and Asset & Capacity : Owns & Operates 8 Workover Rigs with maintenance at regular intervals in order to capacity ranging from 30T to 100T, 3 Drilling Rigs with capacity smoothe
Slide 22: Workover Rigs & Drilling Rigs
Workover Rigs & Drilling Rigs Growth Drivers Governments India has a stated policy of increasing self reliance in energy production where the PSUs contribute significantly. Energy Push Onshore Onshore Drilling space has huge potential to grow as Investments required Drilling in Onshore drilling are
Slide 23: Integrated Projected Management (IPM)
Integrated Projected Management (IPM) What is IPM? What sets us apart? o Integrated Project Management (IPM) is a turnkey Niche Technical Capabilities: IPM services requiring solution to drill and complete a well or several wells capabilities to provide pool of niche services involving highly under
Slide 24: Integrated Project Management (IPM) Cost Effective Solutions
Integrated Project Management (IPM) Growth Drivers Cost Effective o Effective bespoke solutions o Competitive price advantage over MNCs Solutions Improved o Enhanced operational efficiency for clients o Improved synergies across the process due to seamless flow of Synergies services Strategic o Stro
Slide 25: Reaching New Horizons
Reaching New Horizons Deep Industries Limited forays into manufacturing of CNG Booster Compressors through its subsidiary RAAS Equipment Pvt Ltd. RAAS has the capability to manufacture Booster Compressor Packages of 22 kw / 37 kw which are highly efficient, low noise and optimally designed. The Boos
Slide 26: Catering to Strong Growth Segment
Catering to Strong Growth Segment Snapshot of City Gas Distribution Authorisations in India How will it be beneficial to us? % area of India _ % population of India - GA's covered cumulative Installed Capacity 100.0% 350 90.0% 300 RAAS has current installed capacity of 250 units 80.0% 70.0% 250 per
Slide 27: Corporate Social Responsibility
Corporate Social Responsibility PAGE 26
Slide 28: Smart Class Initiative
Smart Class Initiative Deep Industries Ltd. undertook an initiative to install Smart Classes in 100 schools with a view to enable holistic development of students through the use of modern technology. This facility has already been installed in 50 schools SUPPORTED BY DfF' IIICI."rItt OII,o..~ "...,
Slide 29: Medical Check-Up Centre
Medical Check-Up Centre Furthering the CSR initiatives, Deep Foundation – a philanthropic arm of Deep Industries Limited, established the state of art Medical Checkup Centre at Shri Kutchi Jain Sewa Samaj Ahmedabad. This facility aims to provide medical check-up services at nominal rates with a view
Slide 30: Consolidated Balance Sheet
Consolidated Balance Sheet Particulars (Rs Crs) Mar-22 Mar-21 Mar-20 Particulars (Rs Crs) Mar-22 Mar-21 Mar-20 Non-Current Assets 943.3 890.1 869.4 Equity 1,130.0 1,061.7 1,026.5 Share Capital 32.0 32.0 32.0 Property Plat & Equipment 483.4 482.7 460.5 Other Equity 1,098.0 1,029.7 994.52 Capital Work
Slide 31: Standalone Balance Sheet
Standalone Balance Sheet Particulars (Rs Crs) Mar-22 Mar-21 Mar-20 Particulars (Rs Crs) Mar-22 Mar-21 Mar-20 Non-Current Assets 917.7 902.4 933.0 Equity 1,091.4 1,026.5 963.3 Share Capital 32.0 32.0 960.0 Property Plat & Equipment 457.3 460.5 478.1 Other Equity 1,059.4 994.5 3.3 Capital Work In Prog
Slide 32: About Us & Investor Contact
ABOUTS US & INVESTOR CONTACT DEEP INDUSTRIES LIMITED (DIL), is a leading solutions provider in energy sector. DIL is specialized in providing Gas Compression Services, Drilling Rigs and Workover Rigs Services, Gas Dehydration Services, and having expertise in Integrated Project Management Services.