DEE Development Engineers Ltd

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.

The issue comprises up to 3.98 lakh shares worth Rs 20 crore to promoter Krishan Lalit Bansal and up to 55.78 lakh shares worth Rs 280 crore to 23 non-promoter investors, including domestic mutual funds, AIFs, foreign portfolio investors and corporate investors. The investor roster includes several well-known institutional names such as Kotak Mahindra Mutual Fund, WhiteOak Capital, Ashoka WhiteOak, Ashoka India Equity Investment Trust PLC, ValueQuest funds and 360 ONE PIPE Fund, indicating broad institutional participation in the transaction. Following the allotment, promoter shareholding is expected to moderate from 50.82% to 47.31%, while the overall ownership profile becomes more institutionally diversified. 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 scrip fell 1.58% to currently trade at Rs 650 on the BSE. Powered by Capital Market - Live

Dee Development Engineers announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 27 June 2026.

The company has received a Letter of Intent (LOI) for the manufacture and supply of critical piping assemblies, specifically for the main steam package and hot reheat systems. The project timeline stipulates the delivery of the first two units within 6 to 12 months of receiving the purchase order (PO), with the remaining two units to be delivered within 12 to 15 months post-PO. 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. Powered by Capital Market - Live

DEE Development Engineers has secured a letter of intent for manufacturing and supply of Critical Piping Assembly (Main Steam package and Hot Reheat system) from a Public Sector Maharatna EPC conglomerate of power sector. The order is valued at Rs 206.55 crore.

Dee Development Engineers will hold a meeting of the Board of Directors of the Company on 3 June 2026.

The contract is for manufacturing and supply of piping, which has to be executed by 18 February 2028. 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 scrip was locked in 5% upper circuit at Rs 594.90 on the BSE on Friday. Powered by Capital Market - Live

Revenue from operations rose 26.13% quarter-on-quarter (QoQ) to Rs 361.57 crore in the quarter ended 31 March 2026. On a year-on-year basis, the company 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. Profit before exceptional items and tax stood at Rs 35.60 crore in Q4 FY26, compared with Rs 42.30 crore in Q4 FY25. The company reported an exceptional loss of Rs 2.27 crore during the quarter, mainly due to changes in employee benefit obligations arising from the implementation of the new labor codes, resulting in a one-time expense. Total expenses rose 32.86% YoY to Rs 327.72 crore in Q4 FY26 compared with Rs 246.67 crore in Q4 FY25. The cost of material consumed stood at Rs 126.72 crore (up 50.02% YoY), employee benefit expenses were Rs 48.52 crore (up 0.95% YoY), and finance costs came in at Rs 15.90 crore (up 34.47% YoY) during the period under review. DEE Development Engineers is a publicly listed engineering company with interests spanning piping systems manufacturing.Powered by Capital Market - Live

Net profit of DEE Development Engineers declined 11.11% to Rs 28.01 crore in the quarter ended March 2026 as against Rs 31.51 crore during the previous quarter ended March 2025. Sales rose 26.26% to Rs 361.57 crore in the quarter ended March 2026 as against Rs 286.37 crore during the previous quarter ended March 2025. For the full year,net profit rose 77.31% to Rs 77.36 crore in the year ended March 2026 as against Rs 43.63 crore during the previous year ended March 2025. Sales rose 38.03% to Rs 1142.00 crore in the year ended March 2026 as against Rs 827.36 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales361.57286.37 26 1142.00827.36 38 OPM %17.6022.18 -16.7414.96 - PBDT49.4954.29 -9 151.68104.73 45 PBT35.6142.30 -16 98.1955.35 77 NP28.0131.51 -11 77.3643.63 77 Powered by Capital Market - Live