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DEE Development Engineers Reports Strong Q2 Growth, Expands Capacity Amid Robust Order Book 1 hour ago Today

DEE Development Engineers Limited (DDEL) reported impressive Q2 FY26 results with revenue from operations increasing 39.20% YoY to ₹2,700.00 crore. Operating EBITDA grew 47.90% to ₹441.00 crore, with EBITDA margin expanding by 96 bps to 16.30%. The company maintains a healthy order book of ₹1,308.00 crore and recently commissioned 15,000 metric tons of process piping solutions capacity at its Anjar facility. DDEL expects 40-45% revenue growth for the full fiscal year with EBITDA margins of 16-18%. The company is progressing with a 7,000 metric ton seamless pipe line installation, set to commence production by January 2026.

DEE Development Engineers Reports Strong Order Book and Power Sector Developments 5 days ago

DEE Development Engineers Reports Robust Q2 FY26 Performance with 39% Revenue Growth 7 days ago

Dee Development Reports Mixed Q2 Results: Lower Net Profit, Higher EBITDA 8 days ago

DEE Development Engineers Secures ₹63.17 Crore New Orders in September 2025 Oct 07, 2025

More news about DEE Development Engineers

24Sept 25

DEE Development Engineers Secures High Court Stay on Electricity Tariff Revision Order

DEE Development Engineers Limited has obtained a stay order from the Punjab & Haryana High Court, halting the implementation of a tariff revision order by the Punjab State Electricity Regulatory Commission. The stay order, issued on September 23, 2025, allows DEE to continue supplying electricity at ₹7.47 per unit to Punjab State Power Corporation Limited (PSPCL). The order also suspends PSPCL's claims for recovering tariff differentials pending final court adjudication. This development stems from PSERC's August 20, 2025 order, which had revised the tariff for DEE's 8 MW Abohar Plant from ₹7.47 to ₹5.67 per unit, potentially leading to a retrospective recovery of ₹13.62 crores from DEE.

20Sept 25

DEE Development Engineers' Subsidiary Secures 10-Year Power Purchase Agreement Extension

DEE Development Engineers Limited's subsidiary, Malwa Power Private Limited (MPPL), has received a favorable ruling from the Punjab State Electricity Regulatory Commission (PSERC). The ruling confirms a 10-year extension of MPPL's Power Purchase Agreement (PPA) with Punjab State Power Corporation Limited (PSPCL) beyond April 27, 2025. PSERC affirmed its jurisdiction to determine the tariff for the extended period, with a hearing scheduled for November 6, 2025. MPPL currently supplies biomass-generated power at ₹3.50 per unit under an interim order. DDEL management is optimistic about future tariff determinations, expecting PSERC to consider both variable and fixed costs.

19Sept 25

DEE Development Engineers Challenges Tariff Reduction in High Court, Plans Fund Raising

DEE Development Engineers has filed a legal petition against PSERC's tariff reduction for its biomass power project from ₹5.89 to ₹3.90 per kWh. Simultaneously, the company's Board has approved plans to raise up to ₹300 crore through various means and reclassify its Authorized Share Capital to 8,50,00,000 equity shares of ₹10 each, totaling ₹85 crore.

19Sept 25

DEE Development Engineers Approves Rs. 300 Crore Fundraising and Share Capital Restructuring

DEE Development Engineers Limited's board has approved raising up to Rs. 300 crores through various equity and securities issuances. The company plans to use methods like public issue, rights issue, and QIP. Additionally, the board decided to reclassify the authorized share capital, eliminating preference shares while maintaining the total at Rs. 85 crores. The new structure will have 8.50 crore equity shares. Both decisions require shareholder approval via an EGM or Postal Ballot.

16Sept 25

Dee Development Engineers to Explore Fundraising Options in Upcoming Board Meeting

DEE Development Engineers Limited has announced a board meeting on September 19, 2025, to evaluate potential fundraising strategies. The board will consider raising funds through equity shares, debt securities, and other eligible securities via methods like private placement, preferential allotment, and qualified institutions placement. The company will seek shareholder approval for the proposed fundraising. A trading window closure for designated persons will be in effect from September 16, 2025, until 48 hours after the board meeting concludes.

08Sept 25

DEE Development Engineers Doubles Capacity at Anjar Facility, Boasts ₹1,335 Crore Order Book

DEE Development Engineers Limited has expanded its manufacturing capacity at the Anjar facility in Gujarat, adding 15,000 metric tons for Process Piping Solutions. This doubles the plant's production to 30,000 metric tons annually. The company reports a robust order book of ₹1,335 crore, with significant orders in oil & gas and power sectors. The expansion, completed on September 8, 2025, is expected to strengthen DEE's market position and meet growing demand across various industries.

07Sept 25

DEE Development Engineers Reports Strong Order Book Growth, Faces Tariff Challenges in Power Sector

DEE Development Engineers Limited's order book reached ₹1,334.09 crore as of August 31, 2025, an 8.76% increase from the month's start. New order inflows totaled ₹216.44 crore, with ₹109.02 crore worth of orders executed. The company faces challenges in its power generation business due to tariff revisions by the Punjab State Electricity Regulatory Commission. Malwa Power's tariff was revised to ₹3.50 per unit, while the company's power division tariff was set at ₹5.88 per unit. Legal measures are being pursued to address these changes. The power generation business, which previously contributed an average of ₹80.00 crore annually, may see financial impacts from these revisions.

02Sept 25

Dee Development Engineers Secures ₹170 Crore Order from Power Sector PSU

DEE Development Engineers Limited (DDEL) has received a Letter of Intent for a ₹170 crore order from an Indian Public Sector Undertaking in the power sector. The contract involves supplying approximately 1,900 metric tonnes of critical piping for two power projects. The execution timeframe ranges from 9 to 15 months for different project units. Payment terms include 90% within 90 days of material acceptance and 10% within 90 days after purchase order completion. This order strengthens DDEL's position in the power sector supply chain and boosts its order book significantly.

22Aug 25

DEE Development Engineers Faces Revenue Setback as PSERC Slashes Tariffs for Abohar Biomass Plant

DEE Development Engineers Limited is facing financial challenges due to a tariff reduction by the Punjab State Electricity Regulatory Commission for its 8 MW biomass power plant in Abohar. The new tariff structure, effective from January 1, 2024, to February 4, 2029, is expected to reduce annual revenue by ₹8.20 crore. Additionally, the company may face a retrospective recovery demand of ₹13.02 crore. DEE considers the order legally untenable and plans to appeal. The company emphasizes the socio-economic and environmental benefits of its biomass plants, including rural employment and emission reduction.

11Aug 25

DEE Development Engineers Posts Strong Q1 Results with 21% Revenue Growth

DEE Development Engineers Limited reported robust Q1 financial results. Consolidated revenue increased 21% to Rs 2,237.58 crore, while net profit surged 312% to Rs 131.39 crore. EBITDA grew to Rs 359.00 crore with an improved margin of 16.03%. The piping division led growth with a 29.3% revenue increase, while the power division faced challenges. The company acquired a 70% stake in Molsieve Designs Limited for Rs 6.59 crore.

07Aug 25

DEE Development Engineers Reports Order Book Decline in July 2025

DEE Development Engineers Limited's order book value decreased from ₹1,261.64 crores to ₹1,226.66 crores in July 2025. New order inflows were ₹53.96 crores, while executions totaled ₹88.93 crores. The oil & gas segment dominates the order book at 76.8%. The company received revised power tariffs and filed a review petition with PSERC. DEE Thailand reported mixed results in its international operations.

25Jun 25

Dee Development Engineers Secures ₹86.6 Crore Order

DEE Development Engineers, an Indian stock market-listed company, has announced securing a new order worth ₹86.60 crores. The company has not provided additional details about the nature of the order or the specific business segment it relates to. This substantial order could potentially have positive implications for the company's financial performance, though its relative impact remains unclear without further context.

09Jun 25

DEE Development Engineers Inks MoU for Green Hydrogen Projects in India and Thailand

DEE Development Engineers Ltd (DDEL) has signed an MoU with an International Clean-Tech Partner to develop and execute green hydrogen production projects in India and Thailand. DDEL will contribute manufacturing and execution expertise, while the partner provides hydrogen technologies. This collaboration aligns with India's National Green Hydrogen Mission and Thailand's Renewable Energy Roadmap, aiming to accelerate clean energy solutions in these markets.

09Jun 25

Dee Development Engineers Forges Global Partnership for Green Hydrogen Initiatives

Dee Development Engineers has formed a strategic partnership with a global clean-tech firm to accelerate green hydrogen initiatives in India and Thailand. The collaboration aims to promote eco-friendly energy alternatives, leveraging both companies' expertise to drive innovation in green hydrogen technologies. This move signifies Dee Development Engineers' strategic diversification into the sustainable energy market, potentially opening new revenue streams in the growing clean energy sector.

29May 25

DEE DEVELOPMENT Reports Impressive Q4 Financial Performance

DEE DEVELOPMENT announced impressive Q4 financial results, showing substantial year-over-year improvements. EBITDA increased by 83.53% to ₹635.00 crore, with EBITDA margin expanding to 22.18%. Revenue grew by 16.67% to ₹2,800.00 crore. Consolidated net profit surged by 164.71% to ₹315.00 crore, indicating enhanced operational efficiency and profitability.

17May 25

Dee Development Engineers Secures Major International Order from U.S. Oil and Gas Giant

Dee Development Engineers has secured a significant recurring international order for global process piping projects from a leading U.S.-based oil and gas company. This order marks a major milestone in the company's global expansion strategy and strengthens its position in the oil and gas industry. The recurring nature of the order suggests a long-term partnership and stable revenue stream. While financial details are undisclosed, this achievement demonstrates Dee Development Engineers' ability to compete globally and meet high industry standards.

04Apr 25

DEE Development Engineers Secures Rs 55 Crore International Order for Power Station Piping

DEE Development Engineers Ltd. has won a Rs 55 crore order from an overseas client to supply pre-fabricated Carbon, Alloy & Stainless-Steel Piping Items for a Thermal Power Station. The order will be executed within 7-12 months, marking a significant milestone in DEE's international expansion. This contract demonstrates the company's growing global presence and expertise in specialized piping solutions for critical infrastructure projects.

21Mar 25

DEE Development Engineers Injects $2.4 Million into Thai Subsidiary for Debt Repayment

DEE Development Engineers Limited has invested $2.4 million (₹20.78 crore) in its wholly owned subsidiary, DEE Piping Systems (Thailand) Co. Ltd. The investment involves acquiring 161,616,616 equity shares, increasing the subsidiary's paid-up equity share capital by 24.51%. This move aims to improve the Thai subsidiary's financial position by facilitating debt repayment. Despite revenue growth, the Thai subsidiary faced financial challenges in FY 2023-2024, reporting a turnover of ₹8,239.01 lacs but negative PAT and net worth. The investment demonstrates DEE's commitment to supporting its international operations and ensuring the subsidiary's financial stability.

21Feb 25

Dee Development Engineers Secures Rs. 27 Crore Order, Boosting Project Pipeline

Dee Development Engineers Limited (DDEL) has secured a new order worth Rs. 27 crore. This significant contract is expected to bolster the company's project portfolio and positively impact its revenue stream. While specific project details are undisclosed, the order's size suggests it could be a substantial contributor to DDEL's operations. The new contract is likely to strengthen the company's order book and potentially enhance its near-term revenue outlook.