DEE Development Engineers Ltd

DEE Development Engineers has secured a work order for piping fabrication work worth USD 10 million from an international client. Powered by Capital Market - Live

As per the contract terms, Dee Development Engineers will provide piping spool fabrication services. This includes non-destructive testing (NDT), post-weld heat treatment (PWHT), blasting and painting, packing, and transportation up to the FOB (free on board) port. The company is required to complete the contract by 28 February 2026. DEE Development Engineers (DDEL) is an engineering company providing specialized process piping solutions for industries such as oil and gas, power (including nuclear), process industries and chemicals through engineering, procurement and manufacturing services. The company's consolidated net profit soared 165.6% to Rs 31.50 crore on 17.75% jump in revenue from operations to Rs 286.36 crore in Q4 FY25 over Q4 FY24. Powered by Capital Market - Live

DEE Development Engineers announced a strategic partnership with International Clean-Tech Partner, a globally recognized innovator in sustainable energy technologies. This collaboration marks DDEL's strategic entry into the green hydrogen sector, with a focus on deploying modular hydrogen production systems across India and Thailand. Under a newly signed Memorandum of Understanding (MoU), the two companies will co develop, bid for, and execute Green Hydrogen Production System Projects. The partnership will combine International Clean-Tech Partner's global leadership in hydrogen technologies'including Electrolysers, Separators, and Hydrogen Purification Systems' with DDEL's strength of manufacturing ultra-pure hydrogen purification systems with up to 99.9999 % purity, its project execution, marketing, and long-standing marquee customer base. International Clean-Tech Partner brings a legacy of excellence in environmental and clean energy systems, with a global footprint spanning advanced hydrogen generation plants, flue gas cleaning systems, and ultra-low emission technologies. Its projects across multiple countries deliver high-efficiency, environmentally sustainable outcomes. DDEL, meanwhile, has significantly strengthened its Green Energy Portfolio through the recent acquisition of a majority stake in M/s Molsieve Designs Limited, a company with over 22 years of experience in manufacturing Hydrogen Purification Systems with up to 99.9999 % purity. This acquisition adds substantial technical know-how and production capacity to DDEL's integrated clean energy capabilities. Powered by Capital Market - Live

Net profit of DEE Development Engineers rose 165.46% to Rs 31.51 crore in the quarter ended March 2025 as against Rs 11.87 crore during the previous quarter ended March 2024. Sales rose 17.75% to Rs 286.37 crore in the quarter ended March 2025 as against Rs 243.21 crore during the previous quarter ended March 2024. For the full year,net profit rose 66.46% to Rs 43.63 crore in the year ended March 2025 as against Rs 26.21 crore during the previous year ended March 2024. Sales rose 4.89% to Rs 827.36 crore in the year ended March 2025 as against Rs 788.76 crore during the previous year ended March 2024. ParticularsQuarter EndedYear EndedMar. 2025Mar. 2024% Var.Mar. 2025Mar. 2024% Var. Sales286.37243.21 18 827.36788.76 5 OPM %22.1814.21 -14.9613.00 - PBDT54.2928.26 92 104.7380.58 30 PBT42.3016.48 157 55.3535.51 56 NP31.5111.87 165 43.6326.21 66 Powered by Capital Market - Live

Profit before tax (PBT) zoomed 156.61% YoY to Rs 42.29 crore in the quarter ended 31st March 2025. Total expenses rose 6.09% to Rs 246.67 crore in Q4 FY25, compared with Rs 232.50 crore in Q4 FY24. Cost of material consumed stood at Rs 84.46 crore (down 21.04% YoY), employee benefit expenses was at Rs 48.06 crore (up 37.98% YoY), finance cost was at Rs 11.82 crore (down 2.15% YoY) during the period under review. On full year basis, the company's consolidated net profit increased 66.53% to Rs 43.63 crore on 4.9% rise in revenue from operations to Rs 827.36 crore in FY25 over FY24. DEE Development Engineers (DDEL) is an engineering company providing specialized process piping solutions for industries such as oil and gas, power (including nuclear), process industries and chemicals through engineering, procurement and manufacturing services. Powered by Capital Market - Live

Dee Development Engineers has postponed the meeting of the Board of Directors which was scheduled to be held on 27 May 2025. The meeting will now be held on 29 May 2025.Powered by Capital Market - Live

Dee Development Engineers will hold a meeting of the Board of Directors of the Company on 27 May 2025.Powered by Capital Market - Live

Dee Development Engineers announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 20 May 2025.Powered by Capital Market - Live

The company cannot disclose the name of the customer due to commercial issue. As per exchange filing, the company has received a supply order from internationally entity. The said order is expected to be completed in within 7 to 12 months. Dee Development Engineers (DDEL) is an engineering company providing specialized process piping solutions for industries such as oil and gas, power (including nuclear), chemicals and other process industries through engineering, procurement and manufacturing. The company reported consolidated net loss of Rs 13.33 crore in Q3 FY25 as against net profit of Rs 9.03 crore posted in the similar quarter previous year. Revenue from operations fell 22.7% year on year (YoY) to Rs 162 crore in the quarter ended 31st December 2024 The counter jumped 3.92% to end at Rs 254.40 on the BSE. Powered by Capital Market - Live

Due to a commercial issue, the company has not disclosed the name of the customer. The order involves the manufacturing and supply of fittings for the Thermal Power Plant. The order is valued at Rs 27 crore and it is scheduled to be completed by November 2025. Dee Development Engineers (DDEL) is an engineering company providing specialized process piping solutions for industries such as oil and gas, power (including nuclear), chemicals and other process industries through engineering, procurement and manufacturing. The company reported consolidated net loss of Rs 13.33 crore in Q3 FY25 as against net profit of Rs 9.03 crore posted in the similar quarter previous year. Revenue from operations fell 22.7% year on year (YoY) to Rs 162 crore in the quarter ended 31 December 2024. Powered by Capital Market - Live