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Earnings Call

DEE Development Engineers Earnings Call: Key Takeaways

DEE reports strong FY26 performance with Revenue up 38% and PAT up 77%. Strategy focuses on core piping and heavy fabrication while pivoting non-core power assets to biomass.

Why this was an Alfa AlertNot a filter event. Results are strong but aligned with management's conservative growth trajectory.
Highlights
Revenue growth38% YoY growth for FY26; Q4 FY26 grew 26.3% YoY.
MarginsEBITDA margin 16.7% for FY26; targeting 19%+ Consol EBITDA going forward.
Order book₹2,040 Cr with visibility across piping and heavy fabrication.
Demand visibilityStrong pipeline in power, oil & gas, and overseas HRSG markets.
Management confidenceHigh; described FY26 as a pivotal year after completing major CAPEX.

Growth

FY26 Revenue reached ₹1,142 Cr (+38% YoY); PAT grew 76.9% to ₹77.2 Cr; Operating EBITDA at ₹189.3 Cr (+52.9%).

Outlook

FY27 Revenue target of ₹1,500 Cr; FY30 target ₹2,500 Cr. Order book stands at ₹2,040 Cr.

Risks

Potential delays in BHEL order releases; working capital cycle around 200 days; commodity inflation impacting gross margins.

Source

Earnings Call filed with BSE, 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