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DEE Development Engineers share price & results

DEE Development Engineers Limited· Capital Goods· Industrials

Results to
Jun 2026
Latest analysed call
Q1 FY27
Ownership as of
Sept 2026

India's largest installed process-piping capacity maker, serving oil & gas, power and chemical plants in 27+ countries.

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Reported

The figures, each with its period

Each figure keeps its basis and period; nothing is filled in.

MetricValueChangeBasisPeriodNote
Revenue294 ₹ crore+31.3% YoYQuarterly, as filedQuarter to Jun 2026Revenue from operations as filed.
Operating margin17.0 %+1.0 pts YoYOperating profit / revenueQuarter to Jun 2026For the quarter; a change is in percentage points.
Net profit16.0 ₹ crore+23.1% YoYQuarterly, as filedQuarter to Jun 2026Profit after tax as filed.
Return on equity9.80 %+2.3 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Jun 2026Adjusted profit attributable to owners ÷ average owners’ equity.
Free cash flow margin-14.45 %+19.7 ptsFY Mar 2026 vs FY Mar 2025Fiscal yearFY ending Mar 2026(Operating cash flow − fixed-asset purchases + disposals) ÷ revenue.
Revenue growth (YoY)40.07 %+33.3 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Jun 2026Revenue change against the same period one year earlier.

Source: Inve data from filed results; ratios from the Screener-verified panel · to Jun 2026

Guidance

What management said, and what became of it

4 of 7 judged targets kept · 11 open · verdicts reflect calls analysed to Q1 FY27.

DEE Development Engineers Limited management guidance track record on Inve: 18 targets tracked across analysed earnings calls (4 achieved, 3 missed, 11 open).

TargetOriginal wordingSaidLatest callVerdict
Hydrogen Pilot Plant CommissioningWithin 3 months
Call transcript, Q2 FY26 · 7 Nov 2025		Q2 FY26Q1 FY27:No update provided. Promise remains unaddressed.
Call transcript, Q1 FY27 · 6 Aug 2026		Ghosted
Power Segment ProfitabilityEBITDA neutral in FY27 (April 2026)
Call transcript, Q3 FY26 · 5 Feb 2026		Q3 FY26Q1 FY27:PPA division reported EBIT of -1 Cr as fuel was diverted to commission new pellet plant. Management expects improvement from Q2.
Call transcript, Q1 FY27 · 6 Aug 2026		At Risk
FY26 EBITDA Margin19% to 20%
Call transcript, Q3 FY25 · 17 Feb 2025		Q3 FY25Q4 FY26:Achieved 16.7% for FY26, within the revised guidance range.
Call transcript, Q4 FY26 · 22 May 2026		Achieved*

Source: Inve Guidance Tracker for DEE Development Engineers Limited · to Q1 FY27

A verdict describes what became of management’s own words in later analysed calls. “Delayed” is a change of date, “went quiet” a target the calls stopped mentioning. None of it is a judgement on the investment. The methodology sets out how verdicts are recorded.

3 of DEE Development Engineers Limited's 18 targets were missed. See which ones, and which are quietly gone. The 3 above are the free sample; 15 more targets are in the full ledger.

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Price

₹548.3 +1.35% · +₹7.3

Last close 27 Oct 2026 · NSE · INR · Source: Inve

Performance +107.3% 1Y

₹200₹400₹600Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26Oct 26Q2 FY26 — 7 Nov 2025Q3 FY26 — 5 Feb 2026Q4 FY26 — 22 May 2026Q1 FY27 — 6 Aug 2026

1Y: ₹264.55 on 24 Oct 2025 → ₹548.3. High ₹738.75 (17 Jun 2026), low ₹184.78 (27 Jan 2026).

Previous close
₹541
Market cap
₹4.1k Cr
52-week range
₹184.78 – ₹738.75
One year
+111.17%
Price to earnings (TTM to Jun 2026)
49.10×
Return on equity (TTM to Jun 2026)
9.80%

Overview

Symbol
NSE:DEEDEV
Industry
Industrials
Exchange
NSE
Currency
INR

What DEE Development Engineers Limited does

Based on the company's own presentations, annual report and earnings calls.

DEE Development Engineers designs and manufactures high-pressure process piping systems, piping spools, industrial pipe fittings and modular skids for oil & gas, power (including nuclear), petrochemical and chemical plant projects, and separately fabricates heavy steel structures such as wind turbine towers and industrial stacks. It earns revenue by winning technical-commercial bids from EPC contractors and plant owners, then in-house engineers design, its plants fabricate (via induction bending, robotic welding and CNC processes), and finished spools are inspected, exported and installed at client sites. A wholly-owned subsidiary, DEE Fabricom India, runs the heavy-fabrication line from a dedicated Anjar (Gujarat) facility, while a separate non-core segment operates two biomass-based power plants in Punjab. The company is backward-integrating into seamless pipe manufacturing at Anjar to cut import dependence on high-wall-thickness pipe.

Segments

  • Process Piping Solutions
  • Heavy Fabrication
  • Gas
  • Power Generation (non-core)
Installed process piping capacity
93,500 MTPA
Manufacturing facilities
7 across India and Thailand
Installed heavy fabrication capacity
32,400 MTPA
Countries served
27+ across 4+ continents
Seamless pipe plant capacity (backward integration, India's first)
7,000 MTPA
Anjar pipe fabrication unit capacity
30,000 MTPA
Founded 1988Headquarters Faridabad (Palwal), Haryana, India Company website

How the price took the results

close before → close after

Q1 FY27
−2.1%
6 Aug
Q4 FY26
+5.0%
22 May
Q3 FY26
−1.6%
5 Feb
Q2 FY26
−1.0%
7 Nov

The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.

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