DEE Development Engineers Ltd

DEE Development Engineers Limited has informed the BSE Limited and the National Stock Exchange of India Ltd. that the register of members and share transfer book will remain closed from September 17, 2026, to September 23, 2026, for the purpose of the Annual General Meeting.

DEE Development Engineers Limited has set September 16, 2026, as the record date for determining shareholders eligible for a final dividend of Rs 1.00 per equity share for the financial year 2025-26, contingent upon declaration at the company’s Annual General Meeting scheduled for Wednesday, September 23, 2026.

DEE Development Engineers Limited announced that it has secured contracts totaling Rs 36 Crore (inclusive of GST) for job work on a purchase order basis from Reliance Industries Ltd. The contracts, awarded by a domestic entity, involve pipe shop fabrication work and are expected to be completed within 9 months. The company confirmed that neither the promoter group nor any group companies have any interest in Reliance Industries Ltd., and the contracts do not constitute related party transactions.

DEE Development Engineers Limited will hold a board meeting on Friday, August 21, 2026, at 10:00 A.M. to consider and recommend a final dividend on Equity Shares for the financial year ended March 31, 2026, and other matters, according to a regulatory filing with the BSE Limited and the National Stock Exchange of India Ltd.

DEE Development Engineers Limited announced Rs 294 crore in revenue for the quarter ended June 30, 2026, a 31.6% year-over-year increase, alongside an operating EBITDA of Rs 50 crore, up 38.7% year-over-year, and a profit after tax of Rs 16 crore, up 22.4% year-over-year. The company's order book stood at Rs 2,428 crore as of June 30, 2026, and it has reduced debt by approximately Rs 225 crore through a preferential issue, while revenue recognition of approximately Rs 25 crore was deferred due to temporary geopolitical disruptions in the Middle East.

DEE Development Engineers Ltd share price inched up 2.46% to Rs 692.85. The Company's net profit tumbled by 41.91% to Rs 16.08 crore, while revenue from operations reduced 18.56% to Rs 294.46 crore in Q2FY26 over Q1FY26. The market capitalization of Industrial Products industry group stocks on BSE stood at Rs 2.85 lakh crore, surging by 15.05%. It has significantly gained 16.74% over last one week and jumped by 29.81% in last one month while the market capitalization of DEE Development Engineers Ltd has increased 11.97% and 72.27% in the same period respectively. Profit before tax (PBT) of DEE Development Engineers Ltd stood at Rs 20.05 crore in Q2 FY26, expanding by 27.06% year-on-year, and plunging by 47.07% quarter-on-quarter. EBITDA came in at Rs 47 crore, jumping 48.74% YoY and tumbling by 23.62% sequentially. Total expenses contracted by 16.71% to Rs 259.72 crore in Q2FY26 over Q2FY25. During the quarter, cost of materials consumed stood at Rs 109.44 crore, falling by 13.64% YoY, while employee benefits expense was at Rs 44.42 crore, dropping 8.45% YoY. For the TTM ended FY26, revenue from operations inched higher 4.89% to Rs 827.36 crore, while net profit jumped 66.46% to Rs 43.63 crore, compared to previous TTM. EBITDA witnessed a strong improvement of 8773% to Rs 102.86 crore, and PBT soared 55.87% to Rs 55.35 crore compared to previous TTM. The company's consolidated net cash flow from operating activities stood at Rs 60.16 crore in FY26, as against Rs 102.92 crore in FY25. DEE Development Engineers Ltd surged by 155.38% in last one year, significantly outperforming the benchmark BSE Sensex which has eased by 2.94% during the same period.

DEE Development Engineers Limited will hold a board meeting on August 4, 2026, at 09:00 A.M. to consider and approve the unaudited standalone and consolidated financial results for the first quarter ended June 30, 2026, the company said in a filing with the BSE Limited and the National Stock Exchange of India Ltd.

DEE Development Engineers Limited received trading approvals from the BSE Limited and National Stock Exchange of India Limited for the listing of 59,76,096 equity shares allotted on a preferential basis on July 8, 2026. The shares will be listed and available for trading starting July 29, 2026, with lock-in periods varying from February 28, 2027, to February 28, 2028, for different ranges of distinctive numbers.

The contract involves the manufacturing of 15 EN156 Envision-make windmill towers, each weighing 353 metric tonnes, for 3.3 MW wind turbines. The project is scheduled for execution by January 2027. As per the contract terms, the payment structure includes a 25% advance against a reducing balance Advance Bank Guarantee (ABG), 55% upon material readiness, and the remaining 20% within 15 days from the invoice date. The order also carries a warranty period of 24 months from ex-works readiness. Time period by which the order(s)/contract(s) is to be executed January 2027. DEE Development Engineers (DDEL) is an engineering company providing specialized process piping solutions for industries such as oil and gas, power industries, process industries, and chemicals through engineering, procurement, and manufacturing services. The company had reported a 11.11% year-on-year drop in consolidated net profit to Rs 28.01 crore, despite a 26.26% rise in revenue from operations to Rs 361.57 crore in Q4 FY26 over Q4 FY25. The counter slipped 1.90% to Rs 650 on the BSE. Powered by Capital Market - Live

DEE Development Engineers announced that its wholly owned subsidiary, DEE Fabricom India has received an order for supply of windmill towers of Rs 64 crore. The order placed by Ganeko Solar is for fifteen EN156 Envision make 353 MT Windmill Tower for 3.3MW Windmill.