Deep Energy Resources Limited

Oil and gas exploration and production services, listed in NSE.

1991 | Ahmedabad, Gujarat (India) | Active
Last Updated: June 27, 2024

Deep Energy Resources Profile

Key Indicators

  • Authorised Capital ₹ 32.00 Cr
  • Paid Up Capital ₹ 32.00 Cr
  • Company Age 34 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 11.37 Cr
  • Satisfied Charges ₹ 625.58 Cr
  • Revenue Growth 3709.47%
  • Profit Growth 8660.82%
  • Ebitda 1833.56%
  • Net Worth 0.73%
  • Total Assets 1.18%

About Deep Energy Resources

Deep Energy Resources Limited (DERL) is a leading Public Limited Indian Non-Government Company incorporated in India on 01 January 1991 and has a history of 34 years and one month. Its registered office is in Ahmedabad, Gujarat, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 532760 and on the National Stock Exchange(NSE) under DEEPENR.

The Corporate was formerly known as Deep Industries Limited. The Company is engaged in the Energy And Power Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 32.00 Cr and a paid-up capital of Rs 32.00 Cr.

The company currently has active open charges totaling ₹11.37 Cr. The company has closed loans amounting to ₹625.58 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Deep Energy Resources Limited India is Shashvat Shah as CFO. Premsingh Sawhney, Navin Pandey, Shail Savla, and Three other members serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L63090GJ1991PLC014833

  • Company No.

    014833

  • Stock Symbol

    BSE : 532760 NSE : DEEPENR

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    01 Jan 1991

  • Date of AGM

    28 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Ahmedabad

Industry

Energy and Power

What products or services does Deep Energy Resources Limited offer?

Deep Energy Resources Limited offers a wide range of products and services, including Industrial Casting, Machined Castings, Fuel Gas, Material Testing Labs & Services, Oil Testing Services, Cranes, Forklift & Lifting Machines, Pulleys, Die Casting & Investment Castings, Metal Castings, Plant Design & Installation Services.

Who are the key members and board of directors at Deep Energy Resources?

Executive Team (2)

Name Designation Appointment Date Status
Shail Savla Country flag representing In Managing Director 14-Sep-2020 Current
Shashvat Shah CFO 15-Sep-2020 Current

Board Members (5)

Name Designation Appointment Date Status
Premsingh Sawhney Country flag representing In Director 10-Jun-2021 Current
Navin Pandey Country flag representing In Director 14-Aug-2021 Current
Shaily Dedhia Country flag representing In Director 14-Sep-2020 Current
Priyanka Gola Country flag representing In Director Current
Vishal Palkhiwala Country flag representing In Director 13-Aug-2022 Current

Financial Performance of Deep Energy Resources.

Deep Energy Resources Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 3709.47% increase. The company also saw a substantial improvement in profitability, with a 8660.82% increase in profit. The company's net worth moved up by a moderate rise of 0.73%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
3709.47%
Revenue from Operations
3331.45%
Total Assets
1.18%
Profit or Loss
8660.82%
Net Worth
0.73%
EBITDA
1833.56%

What is the Ownership and Shareholding Structure of Deep Energy Resources?

In 2021, Deep Energy Resources had a promoter holding of 63.99% and a public holding of 36.00%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹11.37 Cr

Satisfied Charges

₹625.58 Cr

Charges Breakdown by Lending Institutions

  • Others : 11.37 Cr

Latest Charge Details

Date Lender Amount Status
22 Nov 2022 Others ₹10.10 Cr Open
09 Jun 2020 Others ₹1.88 M Open
16 Mar 2020 Others ₹2.04 M Open
17 Nov 2018 Others ₹1.80 M Open
11 Dec 2017 Others ₹7.00 M Open

How Many Employees Work at Deep Energy Resources?

Deep Energy Resources has a workforce of 214 employees as of Apr 07, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Deep Energy Resources, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Deep Energy Resources's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Deep Energy Resources

Recent activity within the organization

  • Annual General Meeting

    Deep Energy Resources Limited last Annual general meeting of members was held on 28 Sep 2023 as per latest MCA records.

    28 Sep 2023

  • Balance Sheet

    Deep Energy Resources Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Charges

    A charge registered on 16 May 2019 via Charge ID 100266393 with Others was fully satisfied on 27 Dec 2022.

    27 Dec 2022

  • Charges

    A charge with Others amounted to Rs. 10.10 Cr with Charge ID 100655876 was registered on 22 Nov 2022.

    22 Nov 2022

  • Charges

    A charge registered on 18 Feb 2019 via Charge ID 100243332 with Others was fully satisfied on 16 Mar 2022.

    16 Mar 2022

  • Charges

    A charge registered on 08 Jun 2020 via Charge ID 100346716 with Others was fully satisfied on 22 Nov 2021.

    22 Nov 2021

Frequently asked questions

  • Deep Energy Resources Limited was incorporated on 01 Jan 1991.

  • The authorized share capital of Deep Energy Resources Limited is ₹ 32.00 Cr and paid-up capital is ₹ 32.00 Cr.

  • Currently 7 directors are associated with Deep Energy Resources Limited.

    • Premsingh Mangatsingh Sawhney
    • Navin Chandra Pandey
    • Shail Manoj Savla
    • Shaily Jatin Dedhia
    • Priyanka K Gola
    • Vishal Gautambhai Palkhiwala
    • Shashvat Dhirajkumar Shah
  • As per Ministry of Corporate Affairs (Mca), the registered address of Deep Energy Resources Limited is 12A & 14 Abhishree Corporate Park, Ambli Bopal Road Ambli, Ahmedabad, Gujarat, India, 380058.

  • The corporate identification number (CIN) of Deep Energy Resources Limited is L63090GJ1991PLC014833 and the company number is 014833 as per Ministry of Corporate Affairs (MCA).

  • Yes, Deep Energy Resources Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): DEEPENR.

  • The Official website of Deep Energy Resources Limited is https://www.deepindustries.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Deep Energy Resources Limited has risen by 3709.47%.

  • As Per 2023 financial reports, 214 employees are currently employed by Deep Energy Resources Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Deep Energy Resources Limited has experienced an upsurge of 0.73%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Deep Energy Resources Limited amount to ₹ 11.37 Cr.

  • The most recent Balance Sheet for Deep Energy Resources Limited was filed with the ROC on 31 Mar 2023.

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