Deep Industries Limited

NSE DEEPINDS.NS

Deep Industries Limited Interest Coverage Ratio for the year ending March 31, 2024: 19.18

Deep Industries Limited Interest Coverage Ratio is 19.18 for the year ending March 31, 2024, a -36.05% change year over year. Interest coverage ratio assesses earnings' ability to cover interest expenses; higher ratios signal lower risk.

Deep Industries Limited Interest Coverage Ratio for the year ending March 31, 2023 was 30.00, a 49.83% change year over year.
Deep Industries Limited Interest Coverage Ratio for the year ending March 31, 2022 was 20.02, a 27,154.98% change year over year.
Deep Industries Limited Interest Coverage Ratio for the year ending March 31, 2021 was -0.07, a -101.69% change year over year.
Deep Industries Limited Interest Coverage Ratio for the year ending March 31, 2020 was 4.38, a -27.69% change year over year.

Key data

Date	Interest Coverage Ratio	Debt to Equity Ratio	Interest Expense To Sales	Inventory Turnover Ratio

NSE: DEEPINDS.NS

Deep Industries Limited

CEO	Mr. Parasbhai Shantilal Savla
IPO Date	April 27, 2021
Location	India
Headquarters	12A & 14, Abhishree Corporate Park
Employees	878
Sector	Utilities
Industries Utilities Drilling Fracking Gas Offshore Drilling Oil & Gas Petrochemicals Pipeline Transport

Description

Deep Industries Limited engages in the oil and gas services business. The company provides air and gas compression; drilling and workover; gas dehydration, conditioning, and processing; and integrated project management services, as well as rental and chartered-hire of equipment and services. The company was formerly known as Deep CH4 Limited and changed its name to Deep Industries Limited in September 2020. Deep Industries Limited was founded in 1991 and is based in Ahmedabad, India.

Key trends

Past 5 years