DEEP ENERGY RESOURCES LIMITED

rs,

15, 2019 To, Corporate Relations Department Bombay Stock Exchange Limited 2nd Floor, P.J. Towers, Dalal Street, Mumbai-400 001 Scrip Code : 532760 Dear Sir/Madam, , To, Corporate Relations

56.5%

ofit & Loss – As per IndAS Q3FY19 Q3Y18 9MFY19 9MY18 Consolidated Performance EBITDA Margin 56.5% 50.4% Rs. Cr Revenue Direct Expenses Employee Expenses Other Expenses EBITDA Other Income

50.4%

Loss – As per IndAS Q3FY19 Q3Y18 9MFY19 9MY18 Consolidated Performance EBITDA Margin 56.5% 50.4% Rs. Cr Revenue Direct Expenses Employee Expenses Other Expenses EBITDA Other Income Depreci

55.0%

74.7 24.6 6.2 6.2 37.6 0.7 8.8 26.1 2.9 9.8 30.8 189.0 221.4 49.1 16.1 19.8 104.0 55.0% 2.1 26.5 79.6 68.2 16.3 17.3 119.7 54.1% 5.2 28.9 96.0 43.2% 41.2% 42.1% 43.4% 3.1

54.1%

9.8 30.8 189.0 221.4 49.1 16.1 19.8 104.0 55.0% 2.1 26.5 79.6 68.2 16.3 17.3 119.7 54.1% 5.2 28.9 96.0 43.2% 41.2% 42.1% 43.4% 3.1 23.0 8.0 15.0 24.9% 23.8 2.8 28.0 9.6 18

43.2%

49.1 16.1 19.8 104.0 55.0% 2.1 26.5 79.6 68.2 16.3 17.3 119.7 54.1% 5.2 28.9 96.0 43.2% 41.2% 42.1% 43.4% 3.1 23.0 8.0 15.0 24.9% 23.8 2.8 28.0 9.6 18.4 24.6% 28.1 9.0 70

41.2%

16.1 19.8 104.0 55.0% 2.1 26.5 79.6 68.2 16.3 17.3 119.7 54.1% 5.2 28.9 96.0 43.2% 41.2% 42.1% 43.4% 3.1 23.0 8.0 15.0 24.9% 23.8 2.8 28.0 9.6 18.4 24.6% 28.1 9.0 70.6 24.

42.1%

19.8 104.0 55.0% 2.1 26.5 79.6 68.2 16.3 17.3 119.7 54.1% 5.2 28.9 96.0 43.2% 41.2% 42.1% 43.4% 3.1 23.0 8.0 15.0 24.9% 23.8 2.8 28.0 9.6 18.4 24.6% 28.1 9.0 70.6 24.5 46.1

43.4%

04.0 55.0% 2.1 26.5 79.6 68.2 16.3 17.3 119.7 54.1% 5.2 28.9 96.0 43.2% 41.2% 42.1% 43.4% 3.1 23.0 8.0 15.0 24.9% 23.8 2.8 28.0 9.6 18.4 24.6% 28.1 9.0 70.6 24.5 46.1 24.4%

24.9%

68.2 16.3 17.3 119.7 54.1% 5.2 28.9 96.0 43.2% 41.2% 42.1% 43.4% 3.1 23.0 8.0 15.0 24.9% 23.8 2.8 28.0 9.6 18.4 24.6% 28.1 9.0 70.6 24.5 46.1 24.4% 72.6 8.0 88.0 30.5 57.4

24.6%

2 28.9 96.0 43.2% 41.2% 42.1% 43.4% 3.1 23.0 8.0 15.0 24.9% 23.8 2.8 28.0 9.6 18.4 24.6% 28.1 9.0 70.6 24.5 46.1 24.4% 72.6 8.0 88.0 30.5 57.4 25.9% 86.4 ▪ Deep International

24.4%

43.4% 3.1 23.0 8.0 15.0 24.9% 23.8 2.8 28.0 9.6 18.4 24.6% 28.1 9.0 70.6 24.5 46.1 24.4% 72.6 8.0 88.0 30.5 57.4 25.9% 86.4 ▪ Deep International DMCC, a 100% subsidiary of Deep

“No offering of securities of the Company will be made except by means of a statutory offering document containing detailed information about the Company.”

“Clients ▪ Successfully served long term contracts with PSUs since last decade Capabilities ▪ Build a diversified team which has required skill set to carry out planning and execution of large size project.”

“Expertise ▪ Provided complete solutions related to Exploration & Production of hydrocarbons ▪ Developed cost effective solutions which result in substantial savings to Clients Focus ▪ Focus will be to expand in Onshore Drilling Business as there is a significant opportunity in the Industry.”

Registered Office

1

ONGC Rajahmundry

1

Total Acreage holding

1

Investor Relations Advisors

1

Registered Office

12A & 14 Abhlshree Corporate Park, Ambll Bopal Road. Ambll, Ahmedabad-380058, Gujarat,lndia. Tel# 02717 298510, +91 98256 00533 I Fax# 02717 298520 Email: lnfO@deepindustries.com I Website: http~/www.deepindustries.com CIN : L63090GJ1991PLC014833 DEEP Industries Limited Investor Presentation – February 2019 1 Safe Harbor This presentation and the accompanying slides (the “Presentation”), which have been prepared by Deep Industries Ltd. (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securities, and shall not form the basis or be relied on in connection with any contract or binding commitment whatsoever. No offering of securities of the Company will be made except by means of a statutory offering document containing detailed information about the Company. This Presentation has been prepared by the Company based on information and data which the Company considers reliable, b

ONGC Rajahmundry

Phase I - 5 sites for 1.6 MMSCMD has been commissioned Phase II - 4 sites for 1.5 MMSCMD has been commissioned ONGC Agartala – 2 sites for 1 MMSCMD has been commissioned 27 Immense Opportunity due to Government Regulation Most of the Onshore Assets do not have dehydration plant in place giving us tremendous opportunity for growth in this space Mandatory Faster Implementation Outsourcing Benefits Industry Potential Government has made it mandatory to have the Gas Dehydrated before they can be inserted to the Gas pipelines Time taken from award to Implementation is faster due to our Technical Qualification, Expertise and Tie-ups Clients can outsource the activity to the Private sector, with the expertise, and focus on their Core Business The immediate potential at present state to Dehydrate Gas is estimated to be additional ~10 MMSCMD 28 Exploration & Production 29 Exploration & Production Portfolio Diversified into Oil & Gas exploration in 2006-07 seeing the opportunity in the space and

Total Acreage holding

Reservoir Type Total Oil & Gas 5,199 sq. km CBM 340 sq. km Maps not to scale. All data, information, and maps are provided "as is" without warranty or any representation of accuracy, timeliness or completeness 30 Business Potential Growing Market Potential 2005, Gas Compression In gas India compression services market was valued at USD 88.51 Mn and this is projected to reach USD 139.29 Mn by 2021 natural Workover & Drilling Rigs There lies a vacuum in onshore rigs business with few experienced players exiting the market The Company has been aggressively growing its Rigs business Gas Dehydration Government has made it mandatory to have the Gas dehydrated before they can be inserted to the gas pipelines We are one of the first companies to enter the gas dehydration services business Exploration and Production The North Karanpura CBM block which has been awarded to our subsidiay, the development phase and , as per our expectation gas production will start in the 2 years. PEPL, in is 32 Ce

Investor Relations Advisors

Deep Industries Ltd CIN: L63090GJ1991PLC014833 Mr. Rohan Shah, CFO rohan@deepindustries.com www.deepindustries.com Strategic Growth Advisors Pvt. Ltd. CIN: U74140MH2010PTC204285 Mr. Shogun Jain / Mr. Pratik R. Shah shogun.jain@sgapl.net / pratik.shah@sgapl.net +91 77383 77756 / +91 97692 60769 www.sgapl.net 38