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Last Updated on: 30 May, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of Deep Industries Ltd

About the Company - Deep Industries Ltd

Deep Industries Ltd. is a Public Limited Listed company incorporated on 15/11/2006 and has its registered office in the State of Gujarat, India. Company’s Corporate Identification Number(CIN) is L14292GJ2006PLC049371 and registration number is 049371. Currently company belongs to the Industry of Power - Generation/Distribution. Company’s Total Operating Revenue is Rs. 271.57 Cr. and Equity Capital is Rs. 32.00 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Oil Drilling And Exploration12A & 14, Abhishree Corporate Park, Ahmedabad Gujarat 380058info@deepindustries.com
http://www.deepindustries.com
Management
NamePosition Held
Mr. Paras SavlaChairman & Managing Director
Mr. Rupesh SavlaManaging Director
Mr. Rohan ShahWhole Time Director
Dr. Kirit ShelatIndependent Director
Mr. Hemendrakumar ShahIndependent Director
Mrs. Ashokkumar Ratilal PatelAdditional Director

Basic Stock Data of Deep Industries Ltd

Last Updated: May 15, 2024, 7:45 am

Market Cap 1,945 Cr.
Current Price 304
High / Low332/152
Stock P/E16.4
Book Value 224
Dividend Yield0.61 %
ROCE8.39 %
ROE6.89 %
Face Value 5.00
PEG Ratio-0.48

Deep Industries Ltd Quarterly Results

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Sales436171917584736798103101101105
Expenses28354164465544475861586365
Operating Profit15263027292930194042433940
OPM %36%42%43%29%39%34%40%29%41%41%42%38%38%
Other Income0211022102507109
Interest2212111013213
Depreciation222266666689999
Profit before tax-842421232325223380393837
Tax %1,038%134%30%-2%24%26%21%25%24%10%20%22%25%
Net Profit76-11721171720172572313028
EPS in Rs11.82-0.222.613.312.662.663.042.593.8511.294.884.594.25

Last Updated: May 15, 2024, 7:45 am

Deep Industries Ltd Quarterly Chart

Deep Industries Ltd Profit & Loss

MonthMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales313318262194322341404
Expenses149165136113205211241
Operating Profit16415312681116131163
OPM %52%48%48%42%36%38%40%
Other Income323635668
Interest1212119557
Depreciation103989088243035
Profit before tax524428-1091152190
Tax %96%69%-10%744%20%17%
Net Profit214316572125158
EPS in Rs199.001,358.003,110.0010.1211.2719.5824.61
Dividend Payout %0%0%0%0%14%9%

Deep Industries Ltd Profit & Loss Yearly Chart

Deep Industries Ltd Growth

Compounded Sales Growth
10 Years:%
5 Years:6%
3 Years:30%
TTM:25%
Compounded Profit Growth
10 Years:%
5 Years:55%
3 Years:26%
TTM:42%
Stock Price CAGR
10 Years:%
5 Years:%
3 Years:109%
1 Year:57%
Return on Equity
10 Years:%
5 Years:9%
3 Years:7%
Last Year:9%

Last Updated: May 15, 2024, 7:45 am

Deep Industries Ltd Balance Sheet

MonthMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital00032323232
Reserves210371,0301,0981,3381,401
Borrowings2311028341327091
Other Liabilities1,0861,1061,1157099147249
Total Liabilities1,3191,2181,2361,1731,2601,5871,773
Fixed Assets1,0859809488688681,007950
CWIP143152066
Investments6410929734884
Other Assets169223276276314512673
Total Assets1,3191,2181,2361,1731,2601,5871,773

Deep Industries Ltd Reserves and Borrowings Chart

Deep Industries Ltd Cash Flow

MonthMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity 2009247815588
Cash from Investing Activity -12432-59-11-76-108
Cash from Financing Activity -58-1474-541429
Net Cash Flow19-23-816-78

Deep Industries Ltd Financial Efficiency Indicators

MonthMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days99146217240154270
Inventory Days776
Days Payable942
Cash Conversion Cycle99146217240154104
Working Capital Days10127233288204369
ROCE %33%34%-1%8%8%

Deep Industries Ltd Financial Efficiency Indicators Chart

Deep Industries Ltd Share Holding Pattern

MonthJun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
Promoters63.99%63.99%63.99%63.99%63.99%63.49%63.49%63.49%63.49%63.49%63.49%63.49%
FIIs5.85%5.91%5.99%3.71%2.00%1.93%1.58%1.45%1.19%2.18%2.03%1.82%
DIIs0.01%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
Government0.02%0.02%0.02%0.02%0.02%0.02%0.02%0.02%0.00%0.00%0.00%0.00%
Public30.13%30.08%30.00%32.27%33.99%34.55%34.90%35.04%35.32%34.34%34.47%34.67%
No. of Shareholders17,90717,60517,30217,42419,04319,66619,57419,38721,64425,94026,35529,241

Deep Industries Ltd Shareholding Pattern Chart

No. of Deep Industries Ltd Shareholders

This stock is not held by any mutual fund

Deep Industries Ltd ROCE Trend

Deep Industries Ltd EPS Trend

Deep Industries Ltd Key Financial Ratios

MonthMar 23Mar 22Mar 21Mar 20
FaceValue10.0010.0010.0010.00
Basic EPS (Rs.)19.5822.6220.259.72
Diluted EPS (Rs.)19.5822.6220.259.72
Cash EPS (Rs.)48.4130.1047.621.26
Book Value[Excl.RevalReserv]/Share (Rs.)429.62353.24331.8110.39
Book Value[Incl.RevalReserv]/Share (Rs.)431.08353.24331.8110.39
Revenue From Operations / Share (Rs.)106.67100.5160.532.73
PBDIT / Share (Rs.)44.3137.3127.151.34
PBIT / Share (Rs.)35.0629.83-0.210.40
PBT / Share (Rs.)47.3928.34-3.140.29
Net Profit / Share (Rs.)39.1622.6220.250.32
NP After MI And SOA / Share (Rs.)39.1622.5420.240.32
PBDIT Margin (%)41.5437.1244.8549.07
PBIT Margin (%)32.8629.68-0.3514.82
PBT Margin (%)44.4228.20-5.1910.74
Net Profit Margin (%)36.7022.5033.4511.87
NP After MI And SOA Margin (%)36.7022.4233.4311.87
Return on Networth / Equity (%)9.176.386.103.11
Return on Capital Employeed (%)7.598.01-0.063.34
Return On Assets (%)7.895.725.522.51
Long Term Debt / Equity (X)0.020.010.010.05
Total Debt / Equity (X)0.050.020.010.06
Asset Turnover Ratio (%)0.230.220.150.00
Current Ratio (X)4.694.553.953.79
Quick Ratio (X)4.273.983.403.44
Dividend Payout Ratio (NP) (%)4.726.210.0018.60
Dividend Payout Ratio (CP) (%)3.824.660.004.79
Earning Retention Ratio (%)95.2893.790.0081.40
Cash Earning Retention Ratio (%)96.1895.340.0095.21
Interest Coverage Ratio (X)27.1125.049.2812.05
Interest Coverage Ratio (Post Tax) (X)16.4116.187.923.92
Enterprise Value (Cr.)892.05730.010.000.00
EV / Net Operating Revenue (X)2.612.270.000.00
EV / EBITDA (X)6.296.110.000.00
MarketCap / Net Operating Revenue (X)2.512.270.000.00
Retention Ratios (%)95.2793.780.0081.39
Price / BV (X)0.620.640.000.00
Price / Net Operating Revenue (X)2.512.270.000.00
EarningsYield0.140.090.000.00

Deep Industries Ltd Profitability Ratios (%)

Deep Industries Ltd Liquidity Ratios

Deep Industries Ltd Liquidity Ratios (%)

Deep Industries Ltd Interest Coverage Ratios (%)

Deep Industries Ltd Valuation Ratios

Fair Value

Fair Value: ₹254.66

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

Overvalued: 16.23% compared to the current price ₹304

Intrinsic Value: ₹387.93

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
  • EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators along with EPS growth.

Undervalued: 27.61% compared to the current price ₹304

Last 5 Year EPS CAGR: 52.33%

*Investments are subject to market risks

Strength and Weakness of Deep Industries Ltd Stock

StrengthWeakness
  1. The company has higher reserves (702.29 cr) compared to borrowings (92.86 cr), indicating strong financial stability.
  2. The company has shown consistent growth in sales (307.71 cr) and profit (78.14 cr) over the years.
  1. The stock has a low average ROCE of 13.67%, which may not be favorable.
  2. The stock has a high average Working Capital Days of 205.17, which may not be favorable.
  3. The stock has a high average Cash Conversion Cycle of 160.00, which may not be favorable.

FAQ

What is the latest fair value of Deep Industries Ltd?

The latest fair value of Deep Industries Ltd is ₹254.66.

What is the Market Cap of Deep Industries Ltd?

The Market Cap of Deep Industries Ltd is 1,945 Cr..

What is the current Stock Price of Deep Industries Ltd as on 18 May 2024?

The current stock price of Deep Industries Ltd as on 18 May 2024 is 304.

What is the High / Low of Deep Industries Ltd stocks in FY 2024?

In FY 2024, the High / Low of Deep Industries Ltd stocks is ₹332/152.

What is the Stock P/E of Deep Industries Ltd?

The Stock P/E of Deep Industries Ltd is 16.4.

What is the Book Value of Deep Industries Ltd?

The Book Value of Deep Industries Ltd is 224.

What is the Dividend Yield of Deep Industries Ltd?

The Dividend Yield of Deep Industries Ltd is 0.61 %.

What is the ROCE of Deep Industries Ltd?

The ROCE of Deep Industries Ltd is 8.39 %.

What is the ROE of Deep Industries Ltd?

The ROE of Deep Industries Ltd is 6.89 %.

What is the Face Value of Deep Industries Ltd?

The Face Value of Deep Industries Ltd is 5.00.

About the Author

Author Avatar
Getaka

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Deep Industries Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE