BSE:532760

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Deep Energy Resources

Executive Summary

Deep Energy Resources Limited, a diversified oil and gas company, provides air and gas compression, work over, drilling rig, and gas dehydration services in India. More Details


Snowflake Analysis

Adequate balance sheet with questionable track record.


Similar Companies

Share Price & News

How has Deep Energy Resources's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 532760 is more volatile than 90% of Indian stocks over the past 3 months, typically moving +/- 11% a week.

Volatility Over Time: 532760's weekly volatility (11%) has been stable over the past year, but is still higher than 75% of Indian stocks.


Market Performance


7 Day Return

-3.5%

532760

-4.1%

IN Energy Services

0.07%

IN Market


1 Year Return

-64.1%

532760

0.3%

IN Energy Services

19.1%

IN Market

Return vs Industry: 532760 underperformed the Indian Energy Services industry which returned 0.3% over the past year.

Return vs Market: 532760 underperformed the Indian Market which returned 19.1% over the past year.


Shareholder returns

532760IndustryMarket
7 Day-3.5%-4.1%0.07%
30 Day2.9%3.8%10.2%
90 Day-32.1%8.5%24.2%
1 Year-64.1%-64.1%1.1%0.3%21.3%19.1%
3 Year-79.9%-80.4%-28.5%-30.5%9.5%4.2%
5 Year-75.6%-76.7%43.9%38.2%83.1%69.2%

Long-Term Price Volatility Vs. Market

How volatile is Deep Energy Resources's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Deep Energy Resources undervalued compared to its fair value and its price relative to the market?

171.47x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 532760's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 532760's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 532760 is poor value based on its PE Ratio (171.5x) compared to the IN Energy Services industry average (16.1x).

PE vs Market: 532760 is poor value based on its PE Ratio (171.5x) compared to the Indian market (19.4x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 532760's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 532760 is good value based on its PB Ratio (0.3x) compared to the IN Energy Services industry average (1.2x).


Next Steps

Future Growth

How is Deep Energy Resources forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

21.7%

Forecasted Energy industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Deep Energy Resources has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Deep Energy Resources performed over the past 5 years?

-28.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 532760 has high quality earnings.

Growing Profit Margin: 532760's current net profit margins (54.8%) are higher than last year (26.1%).


Past Earnings Growth Analysis

Earnings Trend: 532760's earnings have declined by 28.8% per year over the past 5 years.

Accelerating Growth: 532760's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 532760 had negative earnings growth (-98.9%) over the past year, making it difficult to compare to the Energy Services industry average (-12%).


Return on Equity

High ROE: 532760's Return on Equity (0.2%) is considered low.


Next Steps

Financial Health

How is Deep Energy Resources's financial position?


Financial Position Analysis

Short Term Liabilities: 532760's short term assets (₹465.8M) do not cover its short term liabilities (₹674.1M).

Long Term Liabilities: 532760's short term assets (₹465.8M) exceed its long term liabilities (₹78.4M).


Debt to Equity History and Analysis

Debt Level: 532760's debt to equity ratio (0.7%) is considered satisfactory.

Reducing Debt: 532760's debt to equity ratio has reduced from 79.6% to 0.7% over the past 5 years.

Debt Coverage: 532760's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: 532760's interest payments on its debt are well covered by EBIT (3.8x coverage).


Balance Sheet


Next Steps

Dividend

What is Deep Energy Resources's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 532760's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 532760's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 532760's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 532760's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 532760 is not paying a notable dividend for the Indian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 532760's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

8.1yrs

Average management tenure


CEO

Parasbhai Savla (49 yo)

15.83yrs

Tenure

Mr. Parasbhai Shantilal Savla serves as Chairman and Managing Director of Prabha Energy Private Limited. Mr. Savla has been Chairman and Managing Director of Deep Energy Resources Limited (formerly known a...


Leadership Team

NamePositionTenureCompensationOwnership
Parasbhai Savla
Chairman & MD15.83yrsno data0.00031%
₹ 4.2k
Rupesh Savla
MD & Executive Director22.67yrsno data31.49%
₹ 430.3m
Shashvat Shah
Chief Financial Officer0.33yrno datano data
Dixita Soni
Company Secretary & Compliance Officer0.33yrno datano data

8.1yrs

Average Tenure

48yo

Average Age

Experienced Management: 532760's management team is seasoned and experienced (8.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Parasbhai Savla
Chairman & MD15.83yrsno data0.00031%
₹ 4.2k
Rupesh Savla
MD & Executive Director22.67yrsno data31.49%
₹ 430.3m
Kiritkumar Joshi
Non-Executive Independent Director8.58yrs₹20.00kno data
Shail Savla
Additional Non-Executive & Non-Independent Director0.33yrno datano data
Hemendrakumar Shah
Independent & Non-Executive Director2.58yrs₹60.00kno data
Shaily Dedhia
Non-Executive Independent Director0.33yrno datano data

5.6yrs

Average Tenure

48.5yo

Average Age

Experienced Board: 532760's board of directors are considered experienced (5.6 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Deep Energy Resources Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Deep Energy Resources Limited
  • Ticker: 532760
  • Exchange: BSE
  • Founded: 1991
  • Industry: Oil and Gas Equipment and Services
  • Sector: Energy
  • Market Cap: ₹1.366b
  • Shares outstanding: 32.00m
  • Website: https://www.deepindustries.com

Number of Employees


Location

  • Deep Energy Resources Limited
  • 12A & 14, Abhishree Corporate Park
  • Ambli Bopal Road
  • Ahmedabad
  • Gujarat
  • 380058
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
532760BSE (Mumbai Stock Exchange)YesEquity SharesININRSep 2006
DEEPENRNSEI (National Stock Exchange of India)YesEquity SharesININRSep 2006

Biography

Deep Energy Resources Limited, a diversified oil and gas company, provides air and gas compression, work over, drilling rig, and gas dehydration services in India. The company is also involved in the explo...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/01/21 12:18
End of Day Share Price2021/01/21 00:00
Earnings2020/09/30
Annual Earnings2020/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.