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Earnings Call

DEE Development Engineers Earnings Call: Key Takeaways

DEE shows strong core execution with PAT up 77% YoY, masked by non-core power segment losses.

Why this was an Alfa AlertNot a filter event. Performance was in line with prior guidance without material beats exceeding 10%.
Highlights
Revenue growthFY26 revenue up 38% YoY driven by healthy piping segment execution.
MarginsEBITDA margins improved to 16.7% from 15% YoY.
Order bookOrder book stands at ₹1940cr, ensuring strong revenue visibility.
Demand visibilityStrong multi-year visibility across thermal power and global oil and gas.
Management confidenceBalanced confidence focusing on core business and transitioning non-core to biomass.

Growth

Core business EBITDA grew 64.2% YoY; Revenue up 38% driven by piping and oil & gas demand.

Outlook

Order book of ₹1940cr provides multi-year visibility; targeting ₹2500cr revenue by FY30.

Risks

Continued cash burn in non-core power segment and high working capital cycle of 200+ days.

Source

Earnings Call filed with NSE, NSE: DEEDEV. Summary written with AI assistance from the document.

Read the document ↗

DEE Development Engineers Ltd: key numbers

Share price
₹666.20
Market cap
₹5,012 Cr
Revenue (annual)
₹1,142 Cr
Net profit (annual)
₹77.17 Cr
P/E (TTM)
62.4×Sector 33.0×
Promoter holding
65.13%-5.05% QoQ
FII holding
4.67%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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18:32 IST NSE
Capital Structure Change

DEE Development Engineers Capital Structure Change

DEE Development Engineers Limited shareholders approved an increase in the authorized share capital from ₹85 Crore to ₹95 Crore via an ordinary resolution.

15:29 IST BSE
Annual General Meeting

DEE Development Engineers Annual General Meeting

DEE Development Engineers' 37th AGM approved FY26 results, re-appointed directors, declared a ₹1/share dividend, and authorised capital increase to ₹95 crore. Voting results to follow.

12:26 IST BSE
Business Update

DEE Development Engineers Business Update

DEE Development Engineers reports its August 2026 order book update with a closing position of ₹2,454 Crore. The filing details execution, inflow, and balance across order categories.

Order book
₹2,454 Cr