Slide 1: Deep Industries Limited - Investor Presentation Cover Letter
I DEEP I Industries ~-~-~ Limited Oil & Gas Field Services May 7,2022 To, To, Corporate Relations Department Corporate Relations Department Bombay Stock Exchange Limited National Stock Exchange of India Ltd. 2nd Floor, P.].Towers, Exchange Plaza.Plot No. C/l, G-Block, Dalal Street, Bandra Kurla Comp
Slide 2: Q4 & FY22 Earnings
DEEP Q4 & FY22 Earnings Industries 9th May’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: Key Financial Highlights
Key Financial Highlights FINANCIAL HIGHLIGHTS o Achieved highest ever Revenue in FY22 on a consolidated Market Cap 1: Enterprise Value Rs 7,403 Mn (1)(2) : Rs 7,663 Mn basis. o Revenue up 66% on a YoY basis at Rs 322Cr. o EBITDA grew on an absolute basis by 37% to Rs.119crs. FY22 Operational Free Ca
Slide 5: Key Strategic Highlights FY22
Key Strategic Highlights FY22 STRATEGIC UPDATES o Board declared final dividend of Rs 1.85/share. Total dividend for FY22 is Rs. 3.25/Share; Inline with the dividend policy – 15% of Standalone PAT o Consolidated Order book stands at Rs 632 Crs , orders are expected to be executed in next 18 – 24 mon
Slide 6: Business Segments
Business Segments Natural Gas Processing Workover & Drilling Rigs Integrated Project Management REVENUE MIX 30-35% 35-40% 25-30% Contracts with Fix Rates on Contracts with Fix operating day Single contract for pool CONTRACT volume of Gas processed with STRUCTURE Rates with no production risk. of ser
Slide 7: Strong Order Book
Strong Order Book Rs Crs Current 632 Major Order Wins in Q4FY22 Q3FY22 556 o Rs 72 crores from ONGC – 4.5 LSCMD capacity at Linch for 3 years Q2FY22 434 o Rs 40.73 crores from ONGC – 3.0 LSCMD capacity at Sobhasan for 3 years Q1FY22 400 CURRENT UTILISATION o Gas Compression - ~85% o Gas Dehydration
Slide 8: Revenue from Operations - Consolidated
Revenue from Operations - Consolidated Rs Crs YoY Growth – 39% Rs Crs YoY Growth – 66% 322 91 84 75 194 71 61 Q4FY21 Q1FY22 Q2FY22 Q3FY22 Q4FY22 FY21 FY22 For Quarter Ending For Year Ending DEEP Industries PAGE 7 Limited
Slide 9: EBITDA & EBITDA Margin - Consolidated
EBITDA & EBITDA Margin - Consolidated Rs Crs YoY Growth – 10% Rs Crs YoY Growth – 48% 140 43% 37% 40% 33 44% 43% 45% 120 36% 35% 30 31% 39% 119 31 31 40% 100 30% 27 29 28 28 35% 24 80 25% 21 30% 87 18 25% 20% 60 15 20% 15% 12 40 15% 9 10% 10% 6 20 5% 5% 3 0 0% 0 0% Q4FY21 Q1FY22 Q2FY22 Q3FY22 Q4FY22
Slide 10: PAT & PAT Margin - Consolidated
PAT & PAT Margin - Consolidated Rs Crs Rs Crs YoY Growth – 11% 80 33% 35% 70 30% 24 26% 72 24% 23% 21 23% 24% 60 65 25% 21 20% 18 22% 50 22% 20% 15 17 17 17 20% 40 12 18% 15% 30 9 PAT (1.4) 16% 10% 20 6 Margin (-2%) 14% 10 5% 3 12% 0 0 10% 0 0% Q4FY21 Q1FY22 Q2FY22 Q3FY22 Q4FY22 FY21 FY22 For Quarte
Slide 11: Creating Shareholder Value
Creating Shareholder Value Long Term Debt Reduction – Rs Crores Return on Equity (Excluding Goodwill) 223 231 10% 10% 101 83 3% 41 17 FY17 FY18 FY19 FY20 FY21 FY22 FY20 FY21 FY22 Executing Balance Sheet Goals DEEP Industries PAGE 10 Limited
Slide 12: Consolidated Income Statement Q4 & FY22
Consolidated Income Statement Q4 & FY22 Consolidated Particulars (Rs. Cr) Q4 FY22 Q4 FY21 YoY% Q3 FY 22 QoQ% FY22 FY21 YoY% Revenue from Operations 83.9 60.6 39% 75.4 11% 321.6 193.7 66% Other Income 2.0 2.2 0.3 - 4.6 6.6 Total Income 85.9 62.8 37% 75.7 13% 326.3 200.3 63% Direct Expenses 41.3 23.3
Slide 13: Standalone Income Statement Q4 & FY22
Standalone Income Statement Q4 & FY22 Standalone Particulars (Rs. Cr) Q4 FY22 Q4 FY21 YoY% Q3 FY 22 QoQ% FY22 FY21 YoY% Revenue from Operations 76.4 51.7 48% 61.1 25% 271.6 178.5 52% Other Income 2.7 2.2 5.3 10.4 6.7 Total Income 79.1 53.9 46% 66.4 19% 281.9 185.1 52% Direct Expenses 36.6 18.2 26.5
Slide 14: 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 15: 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 16: Annexures
Annexures PAGE 15
Slide 17: 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 18: 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 19: 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 20: 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 21: Natural Gas Compression - Growth Drivers
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 22: 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 23: Natural Gas Dehydration - Growth Drivers
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 24: 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 25: Workover Rigs & Drilling Rigs - Growth Drivers
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 26: 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 27: Integrated Project Management - Growth Drivers
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 28: 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 29: 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? Installed Capacity RAAS has current installed capacity of 250 units per annum with an aim to double the installed capacity in next 3 years. Efficient supply chain & Operationa
Slide 30: Corporate Social Responsibility
Corporate Social Responsibility PAGE 29
Slide 31: 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 DEEP Industries PAGE 30 Limited
Slide 32: 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 33: 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.