DEE Development Engineers Ltd

Net profit of DEE Development Engineers declined 19.77% to Rs 17.86 crore in the quarter ended September 2025 as against Rs 22.26 crore during the previous quarter ended September 2024. Sales rose 39.16% to Rs 270.00 crore in the quarter ended September 2025 as against Rs 194.02 crore during the previous quarter ended September 2024. ParticularsQuarter EndedSep. 2025Sep. 2024% Var. Sales270.00194.02 39 OPM %16.3215.36 - PBDT35.5038.66 -8 PBT22.3426.14 -15 NP17.8622.26 -20 Powered by Capital Market - Live

Profit before tax (PBT) zoomed 85.4% YoY to Rs 22.34 crore in Q2 FY26 from Rs 12.13 crore in Q2 FY25. Total expenses rose 40.6% YoY to Rs 258.23 crore in Q2 FY26 compared with Rs 183.86 crore in Q2 FY25. The cost of material consumed stood at Rs 127.04 crore (up 101.1% YoY), employee benefit expenses were Rs 45.16 crore (up 16.1% YoY), and finance cost came in at Rs 13.73 crore (up 92.7% YoY) during the period under review. Krishan Lalit Bansal, chairman of DEE Development Engineers, said, 'We are pleased to announce a strong performance for Q2 and H1 FY26, driven by robust revenue growth and solid execution. Operating income for Q2 stood at Rs 270 crore, up 39.2% YoY, with EBITDA rising 47.9% to Rs 44.06 crore and margins expanding to 16.3%. PAT stood at Rs 17.86 crore, impacted by last year's exceptional other income; adjusted PBT grew 69% YoY. For H1 FY26, revenue grew 30.3% to Rs 493.76 crore, EBITDA rose 46.4% to Rs 79.93 crore, and PAT increased 22.1% to Rs 31.06 crore. The company received Rs 170 crore in new power sector orders and holds an order book of Rs 1,308 crore. It commissioned 30,000 MT capacity at Anjar and expects its 7,000 MT seamless pipe plant to start by January 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.Powered by Capital Market - Live

Dee Development Engineers will hold a meeting of the Board of Directors of the Company on 4 November 2025.Powered by Capital Market - Live

Dee Development Engineers will hold a meeting of the Board of Directors of the Company on 19 September 2025.Powered by Capital Market - Live

DEE Development Engineers has successfully commissioned the balance 15,000 metric tons of manufacturing capacity of Process Piping Solutions at its newly developed Anjar Facility located at Village Lakhapar, District Kutch, Gujarat, effective 08 September 2025. With this commissioning, the total installed capacity at the Anjar Facility now stands at 30,000 metric tons per annum, thereby doubling the plant's production capability within a short span of its establishment. This marks a critical step in strengthening DEE's ability to cater to growing demand across domestic and international markets. The commissioning of the additional capacity comes at a time when DEE is supported by a healthy order book of approximately Rs 1,335 crore from marquee clients across sectors such as oil & gas, power, chemicals, and Process Industries. Powered by Capital Market - Live

Dee Development Engineers announced that the Annual General Meeting(AGM) of the company will be held on 26 September 2025.Powered by Capital Market - Live

DEE Development Engineers has received a Letter of Intent from a Indian PSU in Power Sector for supply of approximately 1900 MT of critical piping for two important power projects. The value of the order is approximately Rs 170 crore. Powered by Capital Market - Live

The total value of the order stands at around Rs 170 crore. The piping supply is intended for two major power projects, with execution timelines spread across different units. The project 1, unit 1 is expected to be completed within 12 months, while unit 2 has a completion timeline of 15 months. Project 2, unit 1, along with the supply of pipes for FN Assembly, is scheduled to be completed within 9 months from the date of the LoI. As per the contract terms, 90% of the payment will be made within 90 days from the date of site acknowledgment or receipt and acceptance of materials, while the remaining 10% will be paid within 90 days of the completion of the purchase order. The company confirmed that the contract was awarded by a domestic entity and does not fall within the scope of related party transactions. Additionally, there is no interest from the promoter or promoter group in the awarding entity. 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 surged 313.79% to Rs 13.20 crore on 20.97% jump in revenue from operations to Rs 223.76 crore in Q1 FY26 over Q1 FY25. Powered by Capital Market - Live

Profit before tax (PBT) zoomed 259.43% YoY to Rs 15.78 crore in the quarter ended 30th June 2025. Total expenses rose 15.39% to Rs 212.07 crore in Q1 FY26, compared with Rs 183.78 crore in Q1 FY25. Cost of material consumed stood at Rs 98.33 crore (up 21.71% YoY), employee benefit expenses was at Rs 45.73 crore (up 41.18% YoY), finance cost was at Rs 21.25 crore (up 21.25% YoY) during the period under review. EBITDA for Q1 FY26 soared 42.76% to Rs 39.96 crore, compared to Rs 27.99 crore in Q1 FY25. The EBITDA margin for Q1 FY26 stood at 17.5%, compared to 14.9% in the same quarter year ago. The company's order book remains robust at Rs 1,226.66 crore as of 31 July 2025, providing healthy visibility for the coming quarters. Krishan Lalit Bansal, chairman, DEE Development Engineers said, On the operational front, the expansion at our Anjar facility is progressing ahead of schedule, with the additional 15,000 MTPA capacity set to be commissioned by end-August 2025, two months earlier than planned. This will increase the facility's total capacity (excluding heavy fabrication) to 30,000 MTPA. Our high-wall seamless thickness pipe plant is also on track to commence commercial production by January 2026, marking a significant step in our backward integration strategy to improve supply chain efficiency and cost competitiveness. We are also seeing strong traction in the power sector, with active participation in multiple tenders and L1 positions secured in several bids from leading thermal power players. Coupled with robust demand from the oil & gas segment, this positions us well for sustained growth. During the quarter, we also made a strategic entry into the green hydrogen sector through a partnership with International Clean-Tech Partner, a global leader in sustainable energy technologies. Under this MoU, we will jointly develop, bid for, and execute modular hydrogen production system projects in India and Thailand. This collaboration combines their proven hydrogen technologies'including electrolysers, separators, and purification systems'with our manufacturing and execution expertise, including ultra-pure hydrogen purification systems of up to 99.9999% purity. Our recent majority acquisition of M/s Molsieve Designs Limited further enhances our technical capabilities and capacity in this emerging sector. Looking ahead, we remain committed to delivering operational excellence, expanding capacities, and diversifying into highgrowth, sustainable energy solutions, thus ensuring continued medium to long term growth in top line as well as bottom lime. We thank our employees, customers, partners, and shareholders for their continued trust and support as we work together to create long-term value.' 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

Net profit of DEE Development Engineers rose 313.79% to Rs 13.20 crore in the quarter ended June 2025 as against Rs 3.19 crore during the previous quarter ended June 2024. Sales rose 20.97% to Rs 223.76 crore in the quarter ended June 2025 as against Rs 184.97 crore during the previous quarter ended June 2024. ParticularsQuarter EndedJun. 2025Jun. 2024% Var. Sales223.76184.97 21 OPM %16.0313.40 - PBDT28.5116.92 68 PBT15.784.39 259 NP13.203.19 314 Powered by Capital Market - Live