Integrated Filing — IndAS

General information about company
Scrip Code	543288
NSE Symbol	DEEPINDS
MSEI Symbol	NOTLISTED
ISIN	INE0FHS01024
Name of company	DEEP INDUSTRIES LIMITED
Type of company	Main Board
Class of security	Equity
Date of start of financial year	01-Apr-2024
Date of end of financial year	31-Mar-2025
Date of board meeting when results were approved	02-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange	25-Apr-2025
Description of presentation currency	INR (in Actuals)
Reporting Type	Quarterly
Reporting Quarter	Fourth quarter
Nature of report standalone or consolidated	Standalone
Whether results are audited or unaudited for the quarter ended	Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended	Audited
Segment Reporting	Single segment
Description of single segment	Oil and Gas Field Services
Start date and time of board meeting	02-May-2025   11:30:00
End date and time of board meeting	02-May-2025   15:20:00
Whether cash flow statement is applicable on company	Yes
Type of cash flow statement	Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification	Declaration of unmodified opinion
Whether the company has any related party?	Yes
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure?	Yes
(I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/public	NA
(II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of banks staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure.	NA
Whether the company is a high value debt listed entity according to regulation 15 (1A)?	No
(a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication?
(b) If answer to above question is No, please explain the reason for not complying.
Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company?	Yes
Latest Date on which RPT policy is updated	2025-05-02
Indicate Company website link for updated RPT policy of the Company	https://www.deepindustries.com/policies.html
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter?	No
No. of times funds raised during the quarter
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity?	No
The Company has not defaulted on loans and debt securities.

Financial Results Ind-AS
Particulars		3 months/ 6 months ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
A	Date of start of reporting period	01-Jan-2025	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
C	Whether results are audited or unaudited	Audited	Audited
D	Nature of report standalone or consolidated	Standalone	Standalone
Part I	Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1	Income
	Revenue from operations	1364347000	4774786000
	Other income	105645000	379050000
	Total income	1469992000	5153836000
2	Expenses
(a)	Cost of materials consumed	622943000	2037706000
(b)	Purchases of stock-in-trade	0	0
(c)	Changes in inventories of finished goods, work-in-progress and stock-in-trade	0	0
(d)	Employee benefit expense	148107000	549277000
(e)	Finance costs	36913000	148637000
(f)	Depreciation, depletion and amortisation expense	101251000	398276000
(f)	Other Expenses
1	Other Expenses	88712000	281120000
	Total other expenses	88712000	281120000
	Total expenses	997926000	3415016000
3	Total profit before exceptional items and tax	472066000	1738820000
4	Exceptional items	0	0
5	Total profit before tax	472066000	1738820000
6	Tax expense
7	Current tax	83108000	369839000
8	Deferred tax	14569000	65611000
9	Total tax expenses	97677000	435450000
10	Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement	0	0
11	Net Profit Loss for the period from continuing operations	374389000	1303370000
12	Profit (loss) from discontinued operations before tax	0	0
13	Tax expense of discontinued operations	0	0
14	Net profit (loss) from discontinued operation after tax	0	0
15	Share of profit (loss) of associates and joint ventures accounted for using equity method	0	0
16	Total profit (loss) for period	374389000	1303370000
17	Other comprehensive income net of taxes	79000	79000
18	Total Comprehensive Income for the period	374468000	1303449000
19	Total profit or loss, attributable to
	Profit or loss, attributable to owners of parent
	Total profit or loss, attributable to non-controlling interests
20	Total Comprehensive income for the period attributable to
	Comprehensive income for the period attributable to owners of parent
	Total comprehensive income for the period attributable to owners of parent non-controlling interests
21	Details of equity share capital
	Paid-up equity share capital	320000000	320000000
	Face value of equity share capital	5	5
27	Details of debt securities
22	Reserves excluding revaluation reserve		13390874000
23	Earnings per share
i	Earnings per equity share for continuing operations
	Basic earnings (loss) per share from continuing operations	5.85	20.37
	Diluted earnings (loss) per share from continuing operations	5.85	20.37
ii	Earnings per equity share for discontinued operations
	Basic earnings (loss) per share from discontinued operations	0	0
	Diluted earnings (loss) per share from discontinued operations	0	0
ii	Earnings per equity share
	Basic earnings (loss) per share from continuing and discontinued operations	5.85	20.37
	Diluted earnings (loss) per share from continuing and discontinued operations	5.85	20.37
24	Debt equity ratio
25	Debt service coverage ratio
26	Interest service coverage ratio
27	Disclosure of notes on financial results		Notes n n1. The above audited standalone financial results for the quarter and year ended 31st March 2025 of Deep Industries Limited (the Company) were reviewed by the Audit Committee and subsequently approved by the Board of Directors at their respective meetings held on 2nd May 2025. n n2. The above standalone financial results for the quarter ended 31st March 2025 and Year to Date from 01st April 2024 to 31st March 2025 have been prepared in accordance with Indian Accounting Standards as prescribed under Section 133 of the Companies Act 2013 read with the Companies Indian Accounting standards Rules as amended from time to time and other relevant provisions of the Act. n n3. The statutory auditors of the company have carried out Audit of aforesaid results as per Regulation 33 of the SEBI Listing Obligation and Disclosure Requirements Regulations 2015. n n4. The Company is not required to give segment wise revenue details and capital employed as per Ind AS 108 Operating Segments as the Company operates in single business segment namely Oil and Gas Field Services. n n5. During the current period, the newly constituted Board of Directors of Kandla Energy and Chemicals Limited a liquidated company appointed by the liquidator for which Deep Onshore Services Private Limited wholly owned subsidiary received sale of certificate on 01st Aug 2024 has issued fresh equity shares to Deep Industries Limited pursuant to the terms of reliefs and concessions granted by the Honble National Company Law Tribunal vide its order dated 04th February 2025. Consequently Deep Industries Limited has acquired 100 percent equity stake in Kandla Energy and Chemicals Limited as on 31st March 2025. The Company is complying with technical requirements and is in the process of filing necessary forms in the MCA portal. n n6. The standalone annual financial result includes the result for the quarter ended 31st March 2025 being the balancing figure between the audited figures in respect of the full financial year ended 31st March 2025 and the published unaudited year to date up to the third quarter of the current financialyear which were subject to limited review. n n7. The figures of previous quarters year are reclassified regrouped and rearranged wherever necessary so as to make them comparable with current periods figures.

Remarks
Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio

Statement of Asset and Liabilities
Particulars		Year ended (dd-mm-yyyy)
Date of start of reporting period		01-Apr-2024
Date of end of reporting period		31-Mar-2025
Whether results are audited or unaudited		Audited
Nature of report standalone or consolidated		Standalone
	Assets
1	Non-current assets
	Property, plant and equipment	6726037000
	Capital work-in-progress	401755000
	Investment property	0
	Goodwill	0
	Other intangible assets	3848848000
	Intangible assets under development	0
	Biological assets other than bearer plants	0
	Investments accounted for using equity method	0
	Non-current financial assets
	Non-current investments	58082000
	Trade receivables, non-current	0
	Loans, non-current	1823318000
	Other non-current financial assets	2210000
	Total non-current financial assets	1883610000
	Deferred tax assets (net)	0
	Other non-current assets	380130000
	Total non-current assets	13240380000
2	Current assets
	Inventories	507093000
	Current financial asset
	Current investments	722627000
	Trade receivables, current	1607370000
	Cash and cash equivalents	69336000
	Bank balance other than cash and cash equivalents	339235000
	Loans, current	1047849000
	Other current financial assets	183378000
	Total current financial assets	3969795000
	Current tax assets (net)	0
	Other current assets	482954000
	Total current assets	4959842000
3	Non-current assets classified as held for sale	0
4	Regulatory deferral account debit balances and related deferred tax Assets	0
	Total assets	18200222000
	Equity and liabilities
1	Equity
	Equity attributable to owners of parent
	Equity share capital	320000000
	Other equity	13390874000
	Total equity attributable to owners of parent	13710874000
	Non controlling interest
	Total equity	13710874000
2	Liabilities
	Non-current liabilities
	Non-current financial liabilities
	Borrowings, non-current	1036883000
	Trade payables, non-current
	(A) Total outstanding dues of micro enterprises and small enterprises	0
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	0
	Total Trade payable	0
	Other non-current financial liabilities	0
	Total non-current financial liabilities	1036883000
	Provisions, non-current	0
	Deferred tax liabilities (net)	718574000
	Deferred government grants, Non-current	0
	Other non-current liabilities	0
	Total non-current liabilities	1755457000
	Current liabilities
	Current financial liabilities
	Borrowings, current	970631000
	Trade payables, current
	(A) Total outstanding dues of micro enterprises and small enterprises	61142000
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	469922000
	Total Trade payable	531064000
	Other current financial liabilities	103861000
	Total current financial liabilities	1605556000
	Other current liabilities	962380000
	Provisions, current	0
	Current tax liabilities (Net)	165955000
	Deferred government grants, Current	0
	Total current liabilities	2733891000
3	Liabilities directly associated with assets in disposal group classified as held for sale	0
4	Regulatory deferral account credit balances and related deferred tax liability	0
	Total liabilities	4489348000
	Total equity and liabilites	18200222000
	Disclosure of notes on assets and liabilities

Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
Particulars		3 months/ 6 month ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period		01-Jan-2025	01-Apr-2024
Date of end of reporting period		31-Mar-2025	31-Mar-2025
Whether accounts are audited or unaudited		Audited	Audited
Nature of report standalone or consolidated		Standalone	Standalone
1	Segment Revenue (Income)
	(net sale/income from each segment should be disclosed)
	Total Segment Revenue
	Less: Inter segment revenue
	Revenue from operations
2	Segment Result
	Profit (+) / Loss (-) before tax and interest from each segment
	Total Profit before tax
	i. Finance cost
	ii. Other Unallocable Expenditure net off Unallocable income
	Profit before tax
3	(Segment Asset - Segment Liabilities)
	Segment Asset
	Total Segment Asset
	Un-allocable Assets	null	null
	Net Segment Asset	null	null
4	Segment Liabilities
	Segment Liabilities
	Total Segment Liabilities
	Un-allocable Liabilities	null	null
	Net Segment Liabilities	null	null
	Disclosure of notes on segments

Other Comprehensive Income
Particulars		3 months/ 6 months ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
A	Date of start of reporting period	01-Jan-2025	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
C	Whether results are audited or unaudited	Audited	Audited
D	Nature of report standalone or consolidated	Standalone	Standalone
	Other comprehensive income [Abstract]
1	Amount of items that will not be reclassified to profit and loss
1	Item that will not be reclassified to profit or loss	79000	79000
	Total Amount of items that will not be reclassified to profit and loss	79000	79000
2	Income tax relating to items that will not be reclassified to profit or loss	0	0
3	Amount of items that will be reclassified to profit and loss
	Total Amount of items that will be reclassified to profit and loss
4	Income tax relating to items that will be reclassified to profit or loss
5	Total Other comprehensive income	79000	79000

Cash flow statement, indirect
Particulars				Year ended (dd-mm-yyyy)
A	Date of start of reporting period			2024-04-01
B	Date of end of reporting period			2025-03-31
C	Whether results are audited or unaudited			Audited
D	Nature of report standalone or consolidated			Standalone
Part I	Blue color marked fields are non-mandatory.
	Statement of cash flows
	Cash flows from used in operating activities
	Profit before tax			1738820000
	Adjustments for reconcile profit (loss)
	Adjustments for finance costs			148637000
	Adjustments for decrease (increase) in inventories			-84113000
	Adjustments for decrease (increase) in trade receivables, current			-130796000
	Adjustments for decrease (increase) in trade receivables, non-current			0
	Adjustments for decrease (increase) in other current assets			0
	Adjustments for decrease (increase) in other non-current assets			0
	Adjustments for other financial assets, non-current			0
	Adjustments for other financial assets, current			0
	Adjustments for other bank balances			0
	Adjustments for increase (decrease) in trade payables, current			81590000
	Adjustments for increase (decrease) in trade payables, non-current			0
	Adjustments for increase (decrease) in other current liabilities			0
	Adjustments for increase (decrease) in other non-current liabilities			0
	Adjustments for depreciation and amortisation expense			398276000
	Adjustments for impairment loss reversal of impairment loss recognised in profit or loss			0
	Adjustments for provisions, current			2951000
	Adjustments for provisions, non-current			0
	Adjustments for other financial liabilities, current			0
	Adjustments for other financial liabilities, non-current			0
	Adjustments for unrealised foreign exchange losses gains			-36671000
	Adjustments for dividend income			17196000
	Adjustments for interest income			270878000
	Adjustments for share-based payments			0
	Adjustments for fair value losses (gains)			-8000
	Adjustments for undistributed profits of associates			0
	Other adjustments for which cash effects are investing or financing cash flow			-28459000
	Other adjustments to reconcile profit (loss)			0
	Other adjustments for non-cash items			-16316000
	Share of profit and loss from partnership firm or association of persons or limited liability partnerships			0
	Total adjustments for reconcile profit (loss)			47017000
	Net cash flows from (used in) operations			1785837000
	Dividends received			0
	Interest paid			0
	Interest received			0
	Income taxes paid (refund)			1266000
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) operating activities			1784571000
	Cash flows from used in investing activities
	Cash flows from losing control of subsidiaries or other businesses			0
	Cash flows used in obtaining control of subsidiaries or other businesses			694000
	Other cash receipts from sales of equity or debt instruments of other entities			174354000
	Other cash payments to acquire equity or debt instruments of other entities			73125000
	Other cash receipts from sales of interests in joint ventures			0
	Other cash payments to acquire interests in joint ventures			0
	Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships			0
	Cash payment for investment in partnership firm or association of persons or limited liability partnerships			0
	Proceeds from sales of property, plant and equipment			400000
	Purchase of property, plant and equipment			1213271000
	Proceeds from sales of investment property			0
	Purchase of investment property			0
	Proceeds from sales of intangible assets			0
	Purchase of intangible assets			0
	Proceeds from sales of intangible assets under development			0
	Purchase of intangible assets under development			0
	Proceeds from sales of goodwill			0
	Purchase of goodwill			0
	Proceeds from biological assets other than bearer plants			0
	Purchase of biological assets other than bearer plants			0
	Proceeds from government grants			0
	Proceeds from sales of other long-term assets			0
	Purchase of other long-term assets			0
	Cash advances and loans made to other parties			1275669000
	Cash receipts from repayment of advances and loans made to other parties			0
	Cash payments for future contracts, forward contracts, option contracts and swap contracts			0
	Cash receipts from future contracts, forward contracts, option contracts and swap contracts			0
	Dividends received			17196000
	Interest received			101390000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) investing activities	-2269419000
	Cash flows from used in financing activities
	Proceeds from changes in ownership interests in subsidiaries			0
	Payments from changes in ownership interests in subsidiaries			0
	Proceeds from issuing shares			0
	Proceeds from issuing other equity instruments			0
	Payments to acquire or redeem entity's shares			0
	Payments of other equity instruments			0
	Proceeds from exercise of stock options			0
	Proceeds from issuing debentures notes bonds etc			0
	Proceeds from borrowings			800468000
	Repayments of borrowings			191420000
	Payments of lease liabilities			0
	Dividends paid			156160000
	Interest paid			150249000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) financing activities			302639000
	Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes			-182209000
	Effect of exchange rate changes on cash and cash equivalents
	Effect of exchange rate changes on cash and cash equivalents			0
	Net increase (decrease) in cash and cash equivalents			-182209000
	Cash and cash equivalents cash flow statement at beginning of period			251545000
	Cash and cash equivalents cash flow statement at end of period			69336000