Share of Deep Industries Limited is currently trading at around Rs.508/-. Investors are asking for the Deep Industries Share Price Target 2025, 2030, 2035 and 2040. In this article, we will discuss about the business prospects and financial performance of the Company and based on our discussion and analysis will tell you the Deep Industries Share Price Target 2025, 2030, 2035 and 2040.
Discussion & Analysis of Business & Financial performance with future business prospects of Deep Industries Ltd:
Deep Industries Limited (DIL), established in 1991, has evolved into a prominent integrated solutions provider in the energy sector, specializing in services such as air and gas compression, drilling and workover operations, gas dehydration, and integrated project management.
Current Business Performance:
In the quarter ending June 2024, DIL reported a net profit of ₹37.06 crore, marking an 18.78% increase from ₹31.20 crore in the same period the previous year. Sales for the quarter rose by 21.85%, reaching ₹123.46 crore compared to ₹101.32 crore in June 2023.
The company’s financial momentum continued into the subsequent quarter. For the quarter ending September 2024, DIL achieved net sales of ₹130.62 crore, with a profit before tax of ₹44.17 crore, reflecting a 44.2% increase from the average of the preceding four quarters. The operating profit margin also improved, reaching 44.01%.
Future Business Prospects:
A significant milestone for DIL is the recent contract awarded by the Oil and Natural Gas Corporation (ONGC) in September 2024. Valued at ₹1,402 crore, this 15-year contract focuses on production enhancement operations in ONGC’s mature fields at the Rajahmundry Asset. This project not only more than doubles DIL’s order book but also positions the company to play a crucial role in optimizing hydrocarbon production through advanced techniques.
With over three decades of industry experience, DIL is well-equipped to capitalize on opportunities in the oil and gas sector. The company’s strategic focus on production enhancement contracts and its established expertise in integrated project management services are expected to drive sustainable growth and profitability in the coming years.
In summary, Deep Industries Limited has demonstrated robust financial performance and is poised for significant growth, supported by substantial contracts and a strategic focus on enhancing production in mature oil and gas fields.
Share Price Targets:
Deep Industries Share Price Target 2025
Based on the above discussion and analysis, the share price of Deep Industries Ltd may touch the level of around Rs.575-600 in 2025.
Deep Industries Share Price Target 2030
Based on the above discussion and analysis, the share price of Deep Industries Ltd may touch the level of around Rs.1000-1100 in 2030.
Deep Industries Share Price Target 2035
Based on the above discussion and analysis, the share price of Deep Industries Ltd may touch the level of around Rs.1750-1800 in 2035.
Deep Industries Price Target 2040
Based on the above discussion and analysis, the share price of Deep Industries Ltd may touch the level of around Rs.2800-3000 in 2040.
Disclaimer: Investments in Capital Market/Share Prices are subject to market fluctuations and are dependent on several factors. These predictions are based on the current market conditions and the future market expectations. Investors are advised to take into consideration all these factors before making any investment in Capital Market. This article should not be treated as Investment advisory and is for general Guidance & Educational purpose only. We keep revising our share price targets based on the latest information available with us. Please keep visiting our website regularly to keep yourself updated. MoneyInsight does not offer investment advice and does not encourage any action based on its content.
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