Deep Industries Limited Announces Financial Results and Recommends Dividend for FY2026

Deep Industries Limited Announces Financial Results and Recommends Dividend for FY2026​

Deep Industries Limited today announced the audited financial results for the quarter and financial year ended March 31, 2026. The company's Board of Directors, meeting on May 14, 2026, approved the results and recommended a final dividend.

The Board also approved the re-appointment of M/s. Manubhai & Shah LLP as the Internal Auditors for the financial year 2026-27.

Key Financial Highlights​

The financial reports provide both standalone and consolidated results, along with a detailed cash flow statement for the period ended March 31, 2026.

Recommended Dividend
The Board recommended a final dividend of INR 2.50 per equity share. This represents 50% of the face value of Rs. 5 per equity share and is subject to the approval of the Shareholders at the ensuing Annual General Meeting for the financial year ended March 31, 2026.

Consolidated Financial Results (Year-to-Date)
The consolidated financial results for the quarter and year to date ending March 31, 2026, show the following revenue and profit figures:


The consolidated statement shows an exceptional item of (Rs. 20,828.49) for the quarter and (Rs. 25,105.51) for the year to date.

Standalone Profit and Loss Summary
The standalone profit before extraordinary items, and loss from ordinary activities, stood at Rs. 5,986.34 for the quarter ended March 31, 2026, and Rs. 25,658.12 for the full financial year.

Cash Flow Statement Highlights
The consolidated cash flow statement reported the following key metrics for the year ended March 31, 2026:

Corporate and Accounting Updates​

Amalgamation and Write-offs
The financial statements reflect significant corporate transactions, including the amalgamation of Kandla Energy & Chemicals Limited (KECI). The scheme of amalgamation for KECI, a wholly owned subsidiary, was sanctioned by the National Company Law Tribunal (NCLT) and is effective from March 31, 2025.

The audited statements also account for a write-off of legacy trade receivables. The company elected to write off old trade receivables due to a cleanup exercise post-merger following the acquisition of Kandla Energy and Chemicals Limited.

Internal Audit Re-appointment
The company confirmed the re-appointment of M/s. Manubhai & Shah LLP (Firm Registration No.106041W/W100136) as the Internal Auditors for the financial year 2026-27. M/s. Manubhai & Shah LLP was established by Manubhai Patel in Ahmedabad in 1945.

Audit Opinion​

M/s. Mahendra N. Shah & Co. Chartered Accountants issued an audit report with an unmodified opinion on both the standalone and consolidated financial results for the quarter and the full financial year ended March 31, 2026. The auditors stated that the financial results give a true and fair view, in conformity with applicable accounting standards.

DEEPINDS Stock Price Movement​

Shares of Deep Industries Limited today slipped by 3.28% to settle at ₹455.00. The stock saw a total traded volume of 304,507 shares, reflecting significant selling pressure through the session.