DEE Development Engineers Limited has filed its monthly order book updates with BSE and NSE for December 2025, providing detailed insights into the company's business performance across its various operational segments. The comprehensive disclosure covers order inflows, executions, and closing positions for the month ending December 31, 2025.

December 2025 Order Book Performance

The company's order book activity for December 2025 demonstrates robust business momentum across multiple segments. The following table summarizes the key financial metrics:

Segment-wise Business Activity

The company's diverse business portfolio spans across piping, heavy fabrication, gas plants, and power generation. The piping segment, operated through DEE India, dominated the order book with significant activity in both power and oil & gas industries.

Piping Operations

DEE India's piping division showed strong performance in the power sector, with order inflow of ₹45.37 crores and execution of ₹30.26 crores during December. The oil & gas segment recorded order inflow of ₹4.78 crores while executing ₹66.48 crores worth of orders.

International Operations and Other Segments

DEE Thailand operations contributed significantly with order inflows of ₹38.68 crores across power and oil & gas sectors. The heavy fabrication division through DEE Fabricom India and gas plants operations through Molsieve Designs Limited also maintained steady activity levels during the reporting period.

Cumulative FY 2025-26 Performance

For the financial year 2025-26 up to December 31, 2025, the company achieved cumulative order inflow of ₹867.04 crores and executed orders worth ₹792.92 crores. The power segment led the cumulative inflow with ₹601.03 crores, while oil & gas contributed ₹270.22 crores.

Power Business Developments

The company provided detailed updates on its power purchase agreements with Punjab State Power Corporation Limited. Following regulatory developments, DEE Development Engineers Limited continues to supply electricity at ₹7.47 per unit after the Punjab & Haryana High Court stayed a tariff revision order. The company also noted that it is L1 for orders worth ₹46.50 crores from reputed clients, with formal purchase orders expected shortly.

Revenue Recognition and Exchange Rate Considerations

The company clarified that revenue recognition under Indian GAAP may differ from invoiced amounts due to various Incoterms and performance obligations. For DEE Thailand's export orders, the exchange rate of ₹3.117 per Thai Baht as of December 31, 2025, was considered for calculations.

Engineering solutions provider DEE Development Engineers Ltd announced a significant leadership change on Wednesday, January 7, with its board of directors approving the resignation of Chief Financial Officer Sameer Agarwal and the appointment of Brham Prakash Yadav as the new CFO.

Leadership Transition Details

According to a regulatory filing, the board formally accepted Agarwal's resignation from his CFO position, effective from the close of business hours on January 5, 2026. The appointment of Brham Prakash Yadav as his successor took effect from January 7, 2026.

Management Commentary

KL Bansal, Chairman and Managing Director of DEE Development Engineers Limited, highlighted Yadav's qualifications for the role. "Brham brings a comprehensive blend of financial discipline, operational insight, and leadership acumen across large manufacturing enterprises," Bansal stated. He emphasized Yadav's extensive experience with capital-market transactions, including IPOs, private equity, mergers and acquisitions, and complex capital-raising activities, combined with his demonstrated ability to enforce cost and cash discipline.

Bansal noted that these capabilities will be instrumental as DEE scales operations and explores new growth opportunities both domestically and internationally.

New CFO's Vision

Brham Prakash Yadav expressed his commitment to the new role, stating: "I look forward to collaborating with the leadership team to further strengthen financial governance, enhance capital efficiency, and support disciplined, sustainable growth aligned with the company's strategic priorities and stakeholder interests."

Recent Financial Performance

The leadership change comes amid mixed financial results for the company in Q2FY26. DEE Development Engineers reported contrasting performance metrics during the quarter:

While the company achieved significant revenue growth of 39.1% year-on-year, reaching ₹270.00 crore, consolidated net profit declined by 20.1% to ₹17.80 crore. However, profit before tax showed strong improvement, increasing 85.4% year-on-year to ₹22.34 crore from ₹12.13 crore in the previous year.

Market Response

Shares of DEE Development Engineers Ltd closed at ₹207.15 on January 7, declining ₹2.78 or 1.32% for the trading session. The appointment was made following proper governance procedures, with recommendations from both the Nomination and Remuneration Committee and the Audit Committee.