How does Q1 revenue compare to the company's recent growth trajectory?

Q1 consolidated revenue of ₹279 crore is up 40% YoY, extending three consecutive years of >30% growth. In FY26, full-year revenue grew 55%.

What is the DIL ESOP 2026 scheme?

It is a new employee stock option plan covering up to 1.5 million shares, representing roughly 2.3% of current equity. Such dilution is modest for a mid-cap company.

What is the significance of the ₹3,000 crore order book?

The order book provides multi-year revenue visibility across Deep Industries' oil and gas field services business. It underpins future revenue growth.

When is the record date for the final dividend for FY26?

The record date has been set as August 21, 2026.

Why is standalone revenue flat while consolidated grew 40%?

The consolidated growth likely comes from subsidiaries or joint ventures. The filing does not break down the sources, but standalone flat revenue suggests the growth is outside the standalone entity.

Is this filing material for the stock price?

The results were widely anticipated given the company's strong trajectory. The analyst note describes it as routine with limited incremental informational value. The key numbers are the continuation of growth and the order book.

Earnings · Oil Exploration · Small cap

Deep Industries kicks off FY27 with 40% revenue growth, ₹3,000 cr order book

Consolidated Q1 revenue hits ₹279 crore; board approves ESOP covering 1.5 million shares, record date for FY26 final dividend set at August 21.

— 5 earlier stories on Deep Industries Ltd. →

DEEPINDS By Tipsheet Editorial 28 Jul 2026 · 1:38 PM IST Verify on BSE · NSE

Mkt cap₹3,039 cr

P/E16.89×

ROE0.00%

Debt / eq.0.11

Div yld0.52%

40% YoY, ₹279 cr Q1FY27 consolidated revenue growth and absolute revenue

What's new

Q1 consolidated revenue ₹279 cr, up 40% YoY; standalone flat at ₹172 cr.
Order book stands at ₹3,000 cr as of March 2026, providing multi-year visibility.
Board approves DIL ESOP 2026 for up to 1.5 million shares (~2.3% dilution).
Record date for FY26 final dividend set as August 21.

Why this matters

Deep Industries has now delivered three consecutive years of >30% revenue growth, and FY27 is off to a strong start. The order book of ₹3,000 crore underpins visibility in its oilfield services business. The ESOP is a minor dilution that doesn't alter the investment case.

What we're watching

Whether standalone revenue picks up to match consolidated momentum.
Utilisation of the order book and execution of recent ONGC deals (₹49 cr and ₹84 cr).
Q1 margin details -- not disclosed in this filing.

The full read

Deep Industries has started FY27 where it left off: consolidated Q1 revenue of ₹279 crore, up 40% year-on-year. A strong start. This follows 55% growth in FY26 and three consecutive years of >30% expansion, though standalone revenue remained flat at ₹172 crore, pointing to growth via subsidiaries. The order book of roughly ₹3,000 crore provides multi-year visibility. The board approved a new ESOP covering 1.5 million shares (about 2.3% dilution) and set August 21 as record date for the FY26 final dividend. Routine filing, but the numbers confirm the oilfield services engine keeps humming.

Questions answered

How does Q1 revenue compare to the company's recent growth trajectory?: Q1 consolidated revenue of ₹279 crore is up 40% YoY, extending three consecutive years of >30% growth. In FY26, full-year revenue grew 55%.
What is the DIL ESOP 2026 scheme?: It is a new employee stock option plan covering up to 1.5 million shares, representing roughly 2.3% of current equity. Such dilution is modest for a mid-cap company.
What is the significance of the ₹3,000 crore order book?: The order book provides multi-year revenue visibility across Deep Industries' oil and gas field services business. It underpins future revenue growth.
When is the record date for the final dividend for FY26?: The record date has been set as August 21, 2026.
Why is standalone revenue flat while consolidated grew 40%?: The consolidated growth likely comes from subsidiaries or joint ventures. The filing does not break down the sources, but standalone flat revenue suggests the growth is outside the standalone entity.
Is this filing material for the stock price?: The results were widely anticipated given the company's strong trajectory. The analyst note describes it as routine with limited incremental informational value. The key numbers are the continuation of growth and the order book.

Mentioned: Deep Industries · ONGC

Primary source BSE · NSE · Tijori

An independent reading of the company's own disclosure — the primary filing above is the final word.

Company snapshot

Deep Industries Ltd.

Oil Refining

₹2,962 cr

P/E 16.46×

Latest quarter · Mar 2026

Sales₹249 cr

Net profit−₹7 cr

Op. margin+32.9%

EPS−₹2.24

Strength & growth

Debt / equity0.11×

Current ratio3.01×

Story so far

All notes on DEEPINDS →

28 Jul 2026 · 1:38 PM IST Deep Industries kicks off FY27 with 40% revenue growth, ₹3,000 cr order book
today Deep Industries Q1 profit ₹89 cr; revenue jumps 40% to ₹279 cr
today Deep Industries posts 40% revenue growth in Q1; board approves dividend, ESOP
21d ago Deep Industries lands ₹49 cr ONGC gas compression deal
38d ago Deep Industries locks in ₹84 cr ONGC gas compression contract