Deep Industries Limited
- Company typePublic
- Founded1991
- HeadquartersAhmedabad, India
- Headcount1–10
- GTM typeB2B
- OfferingServices
Deep Industries Limited firmographics
Firmographics- Name
- Deep Industries Limited
- Legal name
- Deep Industries Limited
- Website
- https://deepindustries.com
- Company type
- Public
- Founded year
- 1991
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Ownership category
- akta.pro rank
Deep Industries Limited industry classification
Industry- Product category
- Oil and Gas Field Services
- NAICS
- Oil and Gas Extraction (211), Pump and Compressor Manufacturing (33391), Natural Gas Extraction (211130)
- SIC
- Oil & Gas Field Services, Nec (1389), Oil & Gas Field Machinery & Equipment (3533)
- akta.pro primary industry
- Natural Gas Compression Services (EUALACAG)
- akta.pro secondary industries
- Drilling & Workover Rigs (Land & Offshore) (EUALABAA), Production Operations & Artificial Lift (Surface Facilities, Compression, Flow Assurance) (EUAAAAAK), Industrial Power & Energy Equipment Rental/Leasing (Generators, Light Towers, Compressors) (TLABAFAG)
Keywords
Where Deep Industries Limited is headquartered
LocationHeadquarters
- HQ city
- Ahmedabad
- HQ country
- India
- HQ region
- Asia
Offices1 record
Markets served
Deep Industries Limited business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Supply Chain, Infrastructure, Marketing or Sales
Revenue model
- Charter Hiring Services: Provides equipment and services on charter hire basis (Build Own Operate, Build Own Operate Transfer, Build Own Operate Maintenance) to oil and gas companies. Revenue is generated through long-term contracts typically spanning 3-4 years.
- Contract Services: Secures contracts for specialized services including gas compression, drilling, workover, and integrated project management. Revenue recognized over contract duration.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels1 record
Deep Industries Limited product offering
Product offeringCore offering
Deep Industries Limited provides oil and gas field services on a charter hire basis, including drilling and workover services, high-pressure natural gas compression, gas dehydration, conditioning and processing, and integrated project management. The company operates a fleet of over 100 natural gas compressors and 11 gas dehydration plants, serving upstream and midstream oil and gas companies in India through long-term contracts.
Product overview
Deep Industries Limited operates as an oil and gas field services company offering four integrated service lines: Drilling and Workover Services, Integrated Project Management Services, Air and Gas Compression Services, and Gas Dehydration, Conditioning & Processing. The company is structured as a single-service platform with multiple specialized divisions, serving various oil and gas companies in India. It is the first Indian company to provide natural gas compressors on charter hire basis and commands over 95% market share in the compression services segment. Services are provided through BOO, BOOT, BOOM, dry lease, wet lease, and O&M models.
Differentiator
Problem solved
Functional benefit
Companies that use Deep Industries Limited
Customer profileNamed customers8 records
Segments1 record
Ideal customer profiles2 records
Deep Industries Limited technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Deep Industries Limited partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Advait Greenergy Private Limitedstrategic expansionDeep Industries signed an MoU with Advait Greenergy Pvt Ltd to collaborate on green hydrogen projects in India and abroad. The partnership involves joint bidding for projects from government organizations, PSUs, and private companies, with focus on India and international markets. The agreement is valid for two years and represents Deep Industries' strategic expansion into the green hydrogen sector.
Scale indicators9 records
Recent moves6 records
Expansion highlights4 records
Deep Industries Limited competitors and assessment
Company assessmentBroad incumbents
- SLB (formerly Schlumberger): Global oilfield services leader with broad capabilities across drilling, production, and midstream gas services. Represents the broad incumbent competitive threat in the Indian market, with deeper balance sheet and technology portfolio.
- Halliburton: Global oilfield services major with comprehensive upstream and midstream service portfolio. Relevant broad incumbent peer given potential competition for Indian compression and integrated project management contracts.
- Weatherford International: Global oilfield services provider offering production, drilling, and evaluation services. Comparable as a broad incumbent with overlapping capabilities in wellhead, production, and gas handling services.
Direct peers
- Archrock, Inc. US-listed natural gas compression and gas handling services provider operating one of the largest contract compression fleets in North America. Directly comparable on rental compression business model and contract structure.
- Kodiak Gas Services: US-based natural gas compression services company operating large-scale contract compression fleet. Closest international business model analog to Deep Industries' compression-on-charter business with multi-year contracts.
- Asian Oilfield Services Limited: Indian oilfield services company providing drilling, workover, and production services to ONGC and other operators. Most direct domestic comparable given overlapping service lines (drilling rigs, integrated project management) and similar customer base.
- Jindal Drilling & Co Limited: Indian drilling and workover services provider with rigs operated on charter/contract basis for ONGC and other PSUs. Closely comparable on drilling rig fleet, charter hire model, and PSU customer mix.
- USA Compression Partners: US master limited partnership providing natural gas compression services on a contract rental basis. Closely aligned with Deep Industries' BOO/BOOT charter hire model for high-pressure gas compression.
Regional players
- Aban Offshore Limited: Indian offshore drilling and oilfield services company. Comparable on the Indian upstream services addressable market and PSU customer relationships, though offshore-focused rather than onshore compression/dehydration.
Emerging players
- Cactus, Inc. US-listed manufacturer and service provider of wellhead and compression equipment, including rental compression. Adjacent competitor in compression equipment with rental/service overlay relevant to Deep Industries' fleet operations.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks5 records
Key highlights7 records
Customer concentration
Deep Industries Limited social profiles
Digital presenceDeep Industries Limited financial estimates
Financial estimateRevenue estimate
Valuation estimate
Deep Industries Limited leadership team
Management profileNumber of profiles
Profiles3 records
Deep Industries Limited funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Deep Industries Limited M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Deep Industries Limited
What does Deep Industries Limited do?
Deep Industries Limited provides oil and gas field services on a charter hire basis, including drilling and workover services, high-pressure natural gas compression, gas dehydration, conditioning and processing, and integrated project management. The company operates a fleet of over 100 natural gas compressors and 11 gas dehydration plants, serving upstream and midstream oil and gas companies in India through long-term contracts.
Is Deep Industries Limited a public or private company?
Deep Industries Limited is a public company. It is classified as public and is currently operating.
When was Deep Industries Limited founded?
Deep Industries Limited was founded in 1991. It employs 1 to 10 people.
Where is Deep Industries Limited based?
Deep Industries Limited is headquartered in Ahmedabad, India, in the Asia region.
How does Deep Industries Limited make money?
Two revenue lines are on record. Charter Hiring Services are the primary driver. The others are contract Services.
Who are Deep Industries Limited's main competitors?
Broad incumbents on record are SLB (formerly Schlumberger), Halliburton and Weatherford International. Direct peers are Archrock, Inc., Kodiak Gas Services, Asian Oilfield Services Limited, Jindal Drilling & Co Limited and USA Compression Partners. Aban Offshore Limited is listed as a regional player. Cactus, Inc. is listed as an emerging player.
Does Deep Industries Limited have an API?
No public API is recorded for Deep Industries Limited.
What industry is Deep Industries Limited in?
Deep Industries Limited's product category is Oil and Gas Field Services. Its primary akta.pro industry code is EUALACAG, Natural Gas Compression Services, with a secondary code of EUALABAA, Drilling & Workover Rigs (Land & Offshore). Its NAICS code is 211 and its SIC code is 1389.