DEE Development Engineers Limited share price

NSE: DEEDEV · ISIN INE841L01016

Key numbers

Market cap
₹ 5,012 Cr
Current price
₹ 666.20
52-week high / low
₹ 760 / 183
Stock P/E
57.5
Book value
₹ 127.2
Dividend yield
0.15%
ROCE
10.3%
ROE
9.1%
Debt to equity
0.79
Sales growth (3 yrs)
24.5%
Profit growth (3 yrs)
81.2%
1-year return
138.6%

About DEE Development Engineers Limited

DEE Development Engineers Limited manufactures and sells prefabricated engineering products, pipe fittings, and piping systems in India and internationally. It operates in three segments: Piping, Power, and Heavy Fabrication. The company offers pressure piping systems, piping spools, induction pipe bends, longitudinally submerged arc welding pipes, industrial pipe fittings, pressure vessels, industrial stacks, and modular skids, as well as boiler superheater coils, de-super heaters, and other customized manufactured components. It also provides engineering services comprising support, pre-bid, basic, layout, material, detailed, and pipe support engineering, as well as power and process piping, shop fabricated piping, stress analysis, and Indian boiler regulations; and wind turbine towers. In addition, the company generates biomass-based power; and manufactures windmill tower. It serves thermal and nuclear power, oil and gas, petrochemical refinery, bio refineries, fertilizer and chemical, subsea, marine and offshore, process, desalination plant, cement, and other industries. DEE Development Engineers Limited was incorporated in 1988 and is headquartered in Faridabad, India.

Quarterly results

Consolidated figures in ₹ crores

Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales224270287362294
Operating profit3644486450
Net profit1318182816
EPS (₹)1.912.572.684.002.33

Concall summary (2026-08-11)

AI summary of the earnings call transcript · tone: Positive · source document

Guidance & outlook

  • 49.7 crores with a margin of 16.9% compared with 16% in Q1FY26 and it is up by 38.7% year-on-year.
  • 2,428 crores as of 30 June 2026, which gives us strong revenue visibility and a healthy project pipeline across key segments.

Growth & demand

  • Overall demand, visibility across our core end markets, particularly power, oil and gas, and process industries in India and overseas remains healthy and a strong order pipeline gives us confidence in delivering profitable growth and long-term value for all stakeholders.
  • 25 odd crores rupees revenue, and still we have grown by YOY 32% kind of revenue growth.

Margins & costs

  • 1.500 crores plus and EBIDTA margin of more than 19%.
  • Sir, the gross margin may be falling slightly because, the material cost for power sector jobs is higher compared to your oil and gas or, you know, when job work is there, then we are considering that there is absolutely no material cost.

Capex & expansion

  • FY26 was the year in which we completed our major growth CAPEX cycle with the full operationalization of the Anjar pipe fabrication facility and the commissioning of our seamless pipe plant.
  • With the seamless pipe plant now commissioned, we are also capturing a greater share of value in-house.

Balance sheet & cash

  • 225 crores is earmarked for repayment or prepayment of borrowings with a balance towards general corporate purposes.
  • Improving operating cash flows are expected to support a gradual reduction in debt levels through the year with a strong order book of Rs.

Peers in Metal Fabrication

Data for information only, not investment advice. Prices end of day.