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DEE Development Engineers Ltd

DEEDEV

DEE Development Engineers Ltd

DEEDEV
MaterialsIron & Steel
SmallcapWith a market cap of ₹1,970 cr, stock is ranked 1,120
High RiskStock is 3.07x as volatile as Nifty
285.301.30% (-3.75)
285.301.30% (-3.75)

Price Chart

High
Low
Returns
1D
1W
1M
1Y
5Y
Max
SIP
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1D
1W
1M
1Y
5Y
Max
SIP
MaterialsIron & Steel
SmallcapWith a market cap of ₹1,970 cr, stock is ranked 1,120
High RiskStock is 3.07x as volatile as Nifty
Scorecard

Performance

Low

Hasn't fared well - amongst the low performers

Valuation

High

Seems to be overvalued vs the market average

Growth

Low

Lagging behind the market in financials growth

Profitability

High

Showing good signs of profitability & efficiency

Entry point

Good

The stock is underpriced and is not in the overbought zone

Red flags

Low

No red flag found

How to use scorecard? Learn more

MaterialsIron & Steel
SmallcapWith a market cap of ₹1,970 cr, stock is ranked 1,120
High RiskStock is 3.07x as volatile as Nifty

Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
42.514.37
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
28.413.241.44%

Forecast & Ratings

Detailed Forecast 
100%
Analysts have suggested that investors can buy this stock

from 1 analyst

Price

Price Upside

Earnings

Earnings Growth

Revenue

Rev. Growth

See Detailed Forecast

Company Profile

DEE Development Engineers is an India-based engineering company that provides specialized process piping solutions for industries such as oil and gas, power, chemicals, and other process industries.

Investor Presentation

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Nov 12, 2024

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Forecasts

Price

Revenue

Earnings

Income

Balance Sheet

Cash Flow

Income Statement

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Financial YearFY 2020FY 2021FY 2022FY 2023FY 2024TTM
Total Revenue738.64513.03470.84614.32806.85859.40
Raw Materialssubtract405.59199.43196.03228.99332.27712.73
Power & Fuel Costsubtract11.699.4211.6615.7320.44
Employee Costsubtract88.5873.9679.30110.95138.07
Selling & Administrative Expensessubtract37.5016.5932.2955.3761.31
Operating & Other expensessubtract92.73139.4774.27110.83127.49
Depreciation/Amortizationsubtract32.8335.5435.9037.7345.0748.72
Interest & Other Itemssubtract42.5829.7828.1034.3546.6940.18
Taxes & Other Itemssubtract13.79-5.385.107.409.3011.42
EPS1.701.811.252.454.948.74
DPS0.100.000.000.000.000.00
Payout ratio0.060.000.000.000.000.00

Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange
FY 2025

Annual Report Pending

Investor Presentation

Nov 12PDF
 

Peers & Comparison

Comparing 3 stocks from 
MaterialsIron & Steel

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StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
DEE Development Engineers Ltd75.174.37
JSW Steel Ltd25.822.850.98%
Tata Steel Ltd-36.501.752.77%
Jindal Steel And Power Ltd15.042.000.22%

Price Comparison

Compare DEEDEV with any stock or ETF
Compare DEEDEV with any stock or ETF
DEEDEV
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Shareholdings

Promoter Holdings Trend

Total Promoter Holding

Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has almost stayed constant

Low Pledged Promoter Holding

Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

Institutional Holdings Trend

Total Retail Holding

Increasing retail holding can be considered bad as it can reflect that institutions and promoters are selling their stake which is being absorbed by retail investors.

In last 3 months, retail holding in the company has almost stayed constant

Decreased Foreign Institutional Holding

Foreign Institutional Holding is quantum of stock held by foreign large-quantities-trading entities. Increasing value indicates growing support and comfort for the stock

In last 3 months, foreign institutional holding of the company has decreased by 1.40%

Tickertape Separator

Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding70.17%16.46%0.07%0.83%12.47%

Sep 2023

Jun 2024

Sep 2024

Dec 2024

Shareholding History

SepJunSepDec '240.00%5.85%2.23%0.83%

Mutual Funds Holding Trend

Mutual Fund Holding

Increasing Mutual Fund holdings are generally considered good, as it reflects that fund managers are becoming more bullish about the stock

In last 3 months, mutual fund holding of the company has almost stayed constant

Top 5 Mutual Funds holding DEE Development Engineers Ltd




Funds (Top 5)Market-cap heldWeight3M holding changePortfolio rank
(3M change)
Kotak ELSS Tax Saver Fund - Growth - Direct Plan

Growth
2.8985%0.92%0.11%43/60 (+5)
Kotak Manufacture in India Fund - Growth - Direct Plan

Growth
2.2479%1.78%0.22%42/66 (+2)
Aditya Birla Sun Life Small Cap Fund - Growth - Direct Plan

Growth
2.1828%0.84%0.11%81/110 (+9)

Compare 3-month MF holding change on Screener

Insider Trades & Bulk Deals

Hmm, looks like there hasn't been any net deal activity in the last 6 months

smallcases

Looks like this stock is not in any smallcase yet.

Events

Dividend Trend

No dividend trend available

Dividends

Corp. Actions

Announcements

Legal Orders

Dividends

Hmm, looks like data is unavailable here. Please come back after some time
News & Opinions
Live Market Update
Market trades near day's low; bank shares slide

The headline equity benchmarks traded with substantial cuts in mid-afternoon trade as investors considered the likely consequences of Donald Trump's second term, focusing on US-China trade tensions, US Fed rate cuts, and global economic growth. The Nifty traded below the 23,200 level after hitting the day's high of 23,426.30 in early trade. Bank shares declined after advancing in the past trading session. Trading was volatile due to the weekly F&O series expiry of the Sensex today. At 14:30 IST, the barometer index, the S&P BSE Sensex, dropped 762.44 points or 0.99% to 76,290.13. The Nifty 50 index lost 186 points or 0.80% to 23,158.75. The broader market underperformed the frontline indices. The S&P BSE Mid-Cap index fell 1.51% and the S&P BSE Small-Cap index declined 1.57%. The market breadth was weak. On the BSE, 1,279 shares rose and 2,613 shares fell. A total of 140 shares were unchanged. Buzzing Index: The Nifty Bank index slipped 1.21% to 48,752.50. The index gained 1.25% in the past trading session. ICICI Bank (down 2.29%), State Bank of India (down 1.57%), Axis Bank (down 1.07%), Kotak Mahindra Bank (down 0.96%), Canara Bank (down 0.84%), IDFC First Bank (down 0.69%), Federal Bank (down 0.67%), Bank of Baroda (down 0.59%), IndusInd Bank (down 0.52%) and HDFC Bank (down 0.25%) declined. Numbers to Track: The yield on India's 10-year benchmark federal paper shed 0.31% to 6.853 as compared with the previous close of 6.874. In the foreign exchange market, the rupee edged lower against the dollar. The partially convertible rupee was hovering at 85.5525, compared with its close of 85.4500 during the previous trading session. MCX Gold futures for the 5 February 2025 settlement rose 0.47% to Rs 78,917. The US Dollar index (DXY), which tracks the greenback's value against a basket of currencies, was up 0.47% to 108.58. The United States 10-year bond yield fell 1.47% to 4.543. In the commodities market, Brent crude for March 2025 settlement lost 99 cents, or 1.23% to $79.80 a barrel. Stocks in Spotlight: DEE Development Engineers advanced 2.88% after the firm commissioned 2nd phase of its manufacturing plant in Anjar, Gujarat, enhancing the capacity by 9,000 MT per annum. Indoco Remedies shed 0.04%. The pharmaceutical company reported standalone net loss of Rs 10.23 crore in Q3 FY25 as against net profit of Rs 20.01 crore posted in Q3 FY24. Revenue from operations stood at Rs 364.91 crore in the third quarter of FY25, down 18.61% as against Rs 448.38 crore posted in Q3 FY24. Raghav Productivity Enhancers rallied 3.12% after the company's consolidated net profit surged 64.3% to Rs 9.81 crore in Q3 FY25 as against Rs 5.97 crore posted in Q3 FY24. Revenue from operations climbed 73.6% YoY to Rs 55.04 crore in the quarter ended 31 December 2024. Powered by Capital Market - Live

4 days agoCapital Market - Live
Spotlight
DEE Development jumps on partly commissioning Rs 250-cr Gujarat unit

The facility's total operational capacity now stands to 12,000 MT per annum and it shall primarily cater to the jobs of oil and gas piping sector. Krishan Lalit Bansal, chairman said, 'The total investment in this facility amounts to Rs 250 crore. Of this, Rs 160 crore will be allocated to the process piping solutions plant, which has an annual capacity of 27,000 metric tons. Till now the capacity of 12,000 MT has been commissioned and company is contemplating to enhance the balance capacity of 15,000 MT shall be commissioned by October 2025. Additionally, Rs 90 crore will be invested in establishing a seamless pipe manufacturing facility specializing in high wall thickness pipes, with a planned annual production capacity of 7,000 metric tons. This seamless pipe facility is expected to be commissioned by January 2026.' 'The facility is a key element of DEE Development Engineers' long-term growth strategy, aimed at catering to the increasing demand for high-quality process piping solutions and high wall thickness pipes,' he added. Bansal added that over the next three to five years, the company is targeting a three-fold increase in revenue. The facility will drive operational efficiency and enhance the EBITDA margin. Market research projects a 7% annual growth rate for the sector over the next decade, driven by technological advancements and rising demand for oil, gas, and hydrogen solutions, stated the company. The new facility will enable it to effectively meet the rising demand for high-quality process piping solutions and thick seamless pipes, positioning to benefit from orders within this industry. The company anticipates reaching its full production capacity of 27,000 metric tons of process piping solutions by 1 October 2025, with seamless pipe production slated to begin effective from 1 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), chemicals and other process industries through engineering, procurement and manufacturing. The company's consolidated net profit surged 125.1% to Rs 22.26 crore in Q2 FY25 as against Rs 9.89 crore posted in Q2 FY24. Revenue from operations rose 8.6% YoY to Rs 194.02 crore in the quarter ended 30 September 2024. Powered by Capital Market - Live

4 days agoCapital Market - Live
Corporate
DEE Development Engineers wins export order of USD 16.5 million

DEE Development Engineers has bagged an export order valued at USD 16.5 million for supply of prefabricated pipe spools. Powered by Capital Market - Live

1 month agoCapital Market - Live
Spotlight
Dee Development Engineers rises on bagging $16.5-million order

Due to commercial issue, the company cannot disclose the name of the new customer. The said order involved the supply of prefabricated pipe spools. The order is valued at $16.5 million and it is scheduled to be completed by December 2026. 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's consolidated net profit surged 125.1% to Rs 22.26 crore in Q2 FY25 as against Rs 9.89 crore posted in Q2 FY24. Revenue from operations rose 8.6% YoY to Rs 194.02 crore in the quarter ended 30 September 2024. Powered by Capital Market - Live

1 month agoCapital Market - Live
Earnings
DEE Development Engineers consolidated net profit rises 125.08% in the September 2024 quarter

Net profit of DEE Development Engineers rose 125.08% to Rs 22.26 crore in the quarter ended September 2024 as against Rs 9.89 crore during the previous quarter ended September 2023. Sales rose 8.63% to Rs 194.02 crore in the quarter ended September 2024 as against Rs 178.60 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales194.02178.60 9 OPM %15.3613.40 - PBDT38.6621.46 80 PBT26.1410.84 141 NP22.269.89 125 Powered by Capital Market - Live

2 months agoCapital Market - Live
Corporate
Dee Development Engineers declare Quarterly Result

Dee Development Engineers will hold a meeting of the Board of Directors of the Company on 11 November 2024Powered by Capital Market - Live

2 months agoCapital Market - Live
Corporate
Dee Development Engineers to convene AGM

Dee Development Engineers announced that the Annual General Meeting (AGM) of the company will be held on 27 September 2024.Powered by Capital Market - Live

4 months agoCapital Market - Live
Corporate
Dee Development Engineers to conduct AGM

Dee Development Engineers announced that the Annual General Meeting (AGM) of the company will be held on 27 September 2024.Powered by Capital Market - Live

4 months agoCapital Market - Live
Corporate
DEE Development Engineers wins order of Rs 26.58 cr

DEE Development Engineers has bagged a purchase order of Rs 26.58 crore from the L&T Energy Hydrocarbon, MFFK-Module Fabrication Facility, Kattupalli, near Ennore port, Taluk Ponneri, Distt. Tiruvallur, Tamil Nadu. Powered by Capital Market - Live

4 months agoCapital Market - Live
Earnings
DEE Development Engineers reports consolidated net profit of Rs 3.19 crore in the June 2024 quarter

Net profit of DEE Development Engineers reported to Rs 3.19 crore in the quarter ended June 2024 as against net loss of Rs 4.58 crore during the previous quarter ended June 2023. Sales rose 17.56% to Rs 184.97 crore in the quarter ended June 2024 as against Rs 157.34 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales184.97157.34 18 OPM %13.408.94 - PBDT16.928.20 106 PBT4.39-2.57 LP NP3.19-4.58 LP Powered by Capital Market - Live

5 months agoCapital Market - Live