DEE Development Engineers Reports Order Book of ₹2,428.20 Crore for June 2026
DEE Development Engineers reported a total order book of ₹2,428.20 crore as of June 30, 2026, with monthly order inflow of ₹99.02 crore and execution of ₹104.72 crore. The Pipings segment dominated with ₹2,219.05 crore, while cumulative FY 2026-27 inflow reached ₹780.87 crore. Key disclosures include a PSERC-set tariff of ₹5.437 per kWh for Malwa Power for FY 2026-27 and an ongoing High Court stay on a revised tariff order.

*this image is generated using AI for illustrative purposes only.
DEE Development Engineers reported a total order book of ₹2,428.20 crore as of June 30, 2026. The company recorded an order inflow of ₹99.02 crore and executed orders worth ₹104.72 crore during the month. The cumulative order inflow for FY 2026-27 reached ₹780.87 crore, while cumulative execution stood at ₹294.37 crore.
Order Book Position
The order book data covers the period from June 1, 2026, to June 30, 2026. The Pipings segment accounted for the majority of the order book, with a closing balance of ₹2,219.05 crore. The Heavy Fabrication segment reported a closing balance of ₹167.15 crore. The segment-wise breakdown of the order book is presented below:
| Nature of Activity | Name of Company | Customer's Industry | Closing as on 30th June, 2026 (₹ in Crores) |
|---|---|---|---|
| Pipings | DEE India | Power | 1,219.03 |
| Pipings | DEE India | Oil & Gas | 854.76 |
| Pipings | DEE India | Others* | 7.30 |
| Pipings | DEE Thailand | Power | 176.79 |
| Pipings | DEE Thailand | Oil & Gas | 0.17 |
| Heavy Fabrication | DEE Fabricom India | Power | 167.15 |
| Gas Plants | Molsieve Designs Ltd | Others* | 3.00 |
| Power | DEE India | - | - |
| Power | Malwa Power | Power generation unit | - |
| Power | Malwa Power | Pellet unit | - |
| Total | 2,428.20 |
Key Disclosures
The company stated it is L1 for orders worth ₹12 crore from reputed clients, which are not included in the table figures. For the Others category in Pipings, the order inflow and execution amounts were considered the same for the period.
The Punjab State Electricity Regulatory Commission (PSERC) fixed the tariff for Malwa Power Private Limited at ₹5.224 per kWh for FY 2025-26, with an annual escalation of 5% on variable cost. Consequently, the tariff for FY 2026-27 is set at ₹5.437 per kWh. The projected revenue for FY 27 is approximately ₹47.71 crore, which includes ₹23.4 crore from the pellet plant. The company may file an appeal before the APTEL, New Delhi.
Regarding the Power Division, the PSERC revised the tariff to ₹5.877 per unit in August 2025. However, the Hon'ble High Court of Punjab & Haryana stayed this order in October 2025. As a result, the company continues to supply electricity to PSPCL at the prevailing tariff of ₹7.47 per unit. Any recovery claimed by PSPCL on account of tariff differential remains withheld until the final disposal of the matter.
The total value of orders executed represents the aggregate amount of invoices raised. Revenue recognized under Indian GAAP (Ind AS 115) may differ from the invoiced amount due to Incoterms and performance obligations. Exchange rates for DEE Thailand export orders were considered at 1 THB = 2.84472 INR.
Historical Stock Returns for DEE Development Engineers
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +3.73% | +10.86% | +4.05% | +243.75% | +143.72% | +113.94% |
How will the potential appeal before APTEL regarding the Malwa Power tariff impact the projected revenue of ₹47.71 crore for FY 27?
What is the timeline for the final disposal of the Power Division tariff matter, and how might a ruling affect the current ₹7.47 per unit supply rate?
With the Pipings segment dominating the order book, does DEE Development Engineers have strategies to diversify or grow the Heavy Fabrication and Gas Plants segments?































