Deep Industries Limited Releases Q1 FY27 Financial Results Announces Key Appointments and ESOP Scheme

Deep Industries Limited Releases Q1 FY27 Financial Results Announces Key Appointments and ESOP Scheme​

Deep Industries Limited (DIL) has released its unaudited financial results for the quarter ended June 30, 2026, alongside updates regarding executive appointments, a new employee stock option scheme, and leadership changes within the company. The Board of Directors approved these matters during a meeting held on July 28, 2026.

The company also set August 21, 2026, as the Record Date for determining eligibility for the Final Dividend pertaining to the Financial Year 2025-26.

Quarterly Financial Performance Review​

DIL provided both standalone and consolidated unaudited financial results for the quarter ending June 30, 2026. The company's performance was reviewed by the Audit Committee.

For the quarter ended June 30, 2026, the un-audited standalone financial results are as follows (figures in Lakhs):


The consolidated unaudited financial results for the quarter ended June 30, 2026 are as follows (figures in Lakhs):

Corporate Governance and Workforce Initiatives​

ESOP Scheme Approval​

The Board of Directors approved the Deep Employee Stock Option Scheme 2026 (DIL ESOP 2026). This scheme was introduced after an alteration to the Articles of Association, empowering the company to issue equity shares under employee stock option schemes.

Key details of the DIL ESOP 2026 include:

• Options Granted: 15,00,000 (Fifteen Lakhs) employee stock options are to be granted to eligible employees.
• Share Coverage: The options exercisable into not more than 15,00,000 equity shares of face value ₹ 5/- each fully paid-up.
• Vesting Period: Vested options must be exercised between a minimum period of one year and a maximum period of five years from the date of vesting.

Key Personnel Appointments and Resignation​

The company announced several movements in its senior leadership.

Mr. Rajeev Kumar Sinha was appointed as Chief Operating Officer (COO) and Senior Management Personnel, effective August 01, 2026. Mr. Sinha holds a B.Tech in Petroleum Engineering from Indian Institute of Technology (ISM), Dhanbad, and brings over 30 years of experience in the Oil and Gas Industry, with expertise spanning Project Management, Operations & Maintenance, Production Management, Asset Management, and Business Strategy.

Conversely, Mrs. Shilpa Sharma, Associate Member of the Institute of Company Secretaries of India, resigned from her positions as Company Secretary, Compliance Officer, and Key Managerial Personnel. Her resignation is effective from closing business hours on July 31, 2026, and she cited a desire to explore new professional avenues.

Strategic Overview​

DIL operates primarily in the Oil & Gas Field Services sector. The company reported that its operations constitute a single operating segment according to Ind AS 108. Management noted that during the previous year, Kandla Energy and Chemicals Limited merged with Deep Industries Limited, necessitating the restatement of comparative financial figures for the quarter ended June 30, 2025.

DEEPINDS Stock Price Movement​

Deep Industries Limited shares are rallying, trading up to ₹538.6 as of 1:40 PM, after gaining ₹22.15 or 4.29% in live market activity. The equity is actively moving, with over 661,909 shares traded so far today.