DEE Development Engineers Limited has released its order book updates for February 2026, demonstrating robust business performance across multiple segments. The company filed the disclosure under Regulation 30 on March 9, 2026, providing detailed insights into its order book dynamics for the period from February 1-28, 2026.

Order Book Performance Overview

The company's total order book reached ₹1,913.16 crores as of February 28, 2026, representing substantial growth from the opening position of ₹1,319.91 crores at the beginning of February. This significant increase was driven by strong order inflows of ₹754.16 crores during the month, while the company executed orders worth ₹160.91 crores.

Segment-wise Order Book Analysis

Power Segment Performance

The power segment emerged as the dominant contributor to the company's order book across multiple subsidiaries. DEE India's power division showed exceptional performance with order inflows of ₹535.40 crores during February 2026, resulting in a closing order book of ₹983.36 crores. The cumulative order executed for FY 2025-26 in this segment reached ₹1,029.48 crores.

DEE Thailand's power operations also demonstrated strong momentum with order inflows of ₹86.21 crores, bringing the closing order book to ₹134.64 crores. The heavy fabrication segment under DEE Fabricom India contributed ₹4.26 crores in new orders during February.

Oil & Gas Operations

The oil & gas segment maintained a substantial order book position of ₹636.02 crores as of February 28, 2026. Despite modest new order inflows of ₹1.93 crores during the month, the segment executed ₹117.48 crores worth of orders. The cumulative order inflow for FY 2025-26 in this segment stood at ₹526.68 crores.

Power Generation Business Updates

The company provided detailed updates on its power generation operations, including regulatory developments affecting tariff structures. For DEE Development Engineers Limited's Power Division, the tariff was revised to ₹5.877 per unit by Punjab State Electricity Regulatory Commission on August 20, 2025. However, following the company's appeal, the Punjab & Haryana High Court stayed this order on October 23, 2025, allowing continued supply at the prevailing tariff of ₹7.47 per unit.

Similarly, Malwa Power Private Limited's tariff was set at ₹3.50 per unit following PSERC's interim order, with the Power Purchase Agreement extended for another 10 years as per the October 18, 2025 order.

Future Order Pipeline

Beyond the reported order book, DEE Development Engineers has secured L1 status for orders worth ₹211 crores from reputed clients. These orders are not included in the current order book figures, as formal purchase orders are expected to be awarded shortly, indicating strong future business prospects.

The company's comprehensive order book update reflects strong operational performance across diverse segments and geographies, positioning it well for continued growth in FY 2025-26.

DEE Development Engineers has disclosed that its material subsidiary, DEE Piping Systems (Thailand) Co., Ltd., has secured a Letter of Intent (LOI) for Heat Recovery Steam Generator (HRSG) piping supply from an international customer. The company made this disclosure under Regulation 30 of the SEBI Listing Regulations through a formal communication to stock exchanges.

Contract Overview

The secured order represents a significant milestone for the company's international operations:

Project Details

The contract involves the supply and fabrication of piping materials for what the company has identified as the "Taiwan Project." Due to commercial considerations, DEE Development Engineers has not disclosed the name of the customer awarding the contract. The project scope encompasses prefabrication and supply of piping and supports for HRSG applications.

Regulatory Compliance

The disclosure was made pursuant to Regulation 30 of the SEBI Listing Regulations and SEBI Master Circular dated November 11, 2024. Company Secretary and Compliance Officer Ranjan Kumar Sarangi signed the regulatory filing, confirming that the contract does not involve any related party transactions and that promoter groups have no interest in the entity awarding the order.

Strategic Significance

This international contract strengthens DEE Development Engineers' position in the specialized HRSG piping segment through its Thailand-based subsidiary. The multi-year timeline extending to May 2027 provides sustained revenue visibility for the subsidiary's operations in the industrial infrastructure sector.