DEE Development Engineers Limited has released its latest order book updates and announced significant developments in its power business, showcasing the company's diverse operations and growth potential.

Order Book Performance

The company has reported order inflows for November 2025:

These figures demonstrate DEE Development Engineers' continued market activity and order book across its business segments.

Power Business Developments

DEE Development Engineers has also announced updates in its power business:

1. Malwa Power PPA Extension: The Punjab State Electricity Regulatory Commission (PSERC) has extended the Power Purchase Agreement (PPA) for DEE Development Engineers' subsidiary, Malwa Power, for an additional 10 years.

2. Tariff Stay Order: The Punjab High Court has stayed the Punjab State Electricity Regulatory Commission's order that had revised the company's power division tariff. This stay order allows DEE Development Engineers to continue supplying electricity at the prevailing tariff of ₹7.47 per unit.

These developments in the power sector, particularly the court rulings on power tariff matters, may have implications for DEE Development Engineers' operations and financial performance in this segment.

The combination of order book updates and developments in the power sector may influence DEE Development Engineers' operations in the coming periods. Investors and market watchers may want to monitor how these developments translate into the company's financial performance and market position.

DEE Development Engineers Limited has reported a strong financial performance for the second quarter of fiscal year 2026, with significant growth in revenue and operational efficiency.

Financial Highlights

DEE Development Engineers Limited reported a robust performance in Q2 FY26, with revenue from operations surging by 39.2% year-on-year to ₹270.00 crore. The company's operating EBITDA showed an impressive growth of 47.9%, reaching ₹44.10 crore, with margins expanding by 96 basis points to 16.3%.

Operational Highlights

The company's growth was driven by strong demand across its key sectors:

1. Power Sector Traction: DEE received new orders worth ₹170 crore from leading thermal power players.
2. Order Book Strength: As of September 30, 2025, the company maintains a robust order book of ₹1,308 crore.
3. Capacity Expansion: DEE commissioned its production capacity of 30,000 MT at its Anjar facility in September 2025.

Management Commentary

Shri Krishan Lalit Bansal, Chairman & Managing Director, stated, "We are pleased to announce a very strong performance for the quarter and half year ended September 30, 2025, underscored by robust revenue growth and consistent operational execution."

He added, "The company continues to witness traction in the power sector, with new orders received of ₹170 Crores from leading thermal power players. Supported by healthy demand from the oil and gas segment and an order book of ₹1,308 Crores as on 30th September 2025, the Company remains well positioned for sustained growth."

Segment-wise Performance

The Piping Division continued to be the primary revenue driver, contributing 90.4% of the total revenue and showing a significant year-on-year growth of 53.7%.

Future Outlook

With the commissioning of the 30,000 MT production capacity at its Anjar facility and the upcoming 7,000 MT Seamless Pipe Plant expected to be operational by Q3 FY26, DEE Development Engineers is well-positioned for future growth. The company's focus on execution excellence, capacity expansion, and capitalizing on emerging opportunities in the power and oil & gas sectors is expected to drive sustainable growth and long-term value for stakeholders.

DEE Development Engineers Limited's strong performance in Q2 FY26 reflects its resilience and strategic positioning in the process piping solutions market. As the company continues to expand its capabilities and order book, it remains well-equipped to capitalize on the growing demand in its key sectors.