DEE Development Engineers Ltd
DEEDEVDEE Development Engineers Ltd
DEEDEV
Price Chart
Scorecard
Performance
LowHasn't fared well - amongst the low performers
Valuation
HighSeems to be overvalued vs the market average
Growth
LowLagging behind the market in financials growth
Profitability
HighShowing good signs of profitability & efficiency
Entry point
GoodThe stock is underpriced and is not in the overbought zone
Red flags
LowNo red flag found
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Key Metrics
| No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
|---|---|---|
| 44.33 | 4.55 | — |
| Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
|---|---|---|
| 28.38 | 3.22 | 1.45% |
Forecast & Ratings
Detailed Forecast from 1 analyst
Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
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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Compare with peersJSW Steel Ltd
Tata Steel Ltd
Jindal Steel And Power Ltd
Bharat Forge Ltd
Jindal Stainless Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
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Revenue Forecast
All values in ₹ cr.
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Earnings Per Share Forecast
All values in ₹
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Income
Balance Sheet
Cash Flow
Income Statement
| Financial Year | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 738.64 | 513.03 | 470.84 | 614.32 | 806.85 | 859.40 | ||||||
Raw Materials | 405.59 | 199.43 | 196.03 | 228.99 | 332.27 | 712.73 | ||||||
| Power & Fuel Cost | 11.69 | 9.42 | 11.66 | 15.73 | 20.44 | |||||||
| Employee Cost | 88.58 | 73.96 | 79.30 | 110.95 | 138.07 | |||||||
| Selling & Administrative Expenses | 37.50 | 16.59 | 32.29 | 55.37 | 61.31 | |||||||
| Operating & Other expenses | 92.73 | 139.47 | 74.27 | 110.83 | 127.49 | |||||||
EBITDA | 102.55 | 74.16 | 77.29 | 92.45 | 127.27 | 146.67 | ||||||
| Depreciation/Amortization | 32.83 | 35.54 | 35.90 | 37.73 | 45.07 | 48.72 | ||||||
| PBIT | 69.72 | 38.62 | 41.39 | 54.72 | 82.20 | 97.95 | ||||||
| Interest & Other Items | 42.58 | 29.78 | 28.10 | 34.35 | 46.69 | 40.18 | ||||||
| PBT | 27.14 | 8.84 | 13.29 | 20.37 | 35.51 | 57.77 | ||||||
| Taxes & Other Items | 13.79 | -5.38 | 5.10 | 7.40 | 9.30 | 11.42 | ||||||
| Net Income | 13.35 | 14.22 | 8.19 | 12.97 | 26.21 | 46.35 | ||||||
| EPS | 1.70 | 1.81 | 1.25 | 2.45 | 4.94 | 8.74 | ||||||
| DPS | 0.10 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||||||
| Payout ratio | 0.06 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Company Updates
Peers & Comparison
MaterialsIron & Steel
Valuation
Technical
Forecast
Compare valuation on Screener| Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
|---|---|---|---|
| DEE Development Engineers Ltd | 78.39 | 4.55 | — |
| JSW Steel Ltd | 25.10 | 2.77 | 1.01% |
| Tata Steel Ltd | -35.96 | 1.73 | 2.81% |
| Jindal Steel And Power Ltd | 15.64 | 2.08 | 0.22% |
Price Comparison
Compare DEEDEV with any stock or ETFShareholdings
Promoter Holdings Trend
Institutional Holdings Trend
Total Retail Holding
In last 3 months, retail holding in the company has almost stayed constant
Decreased Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has decreased by 3.62%
Shareholding Pattern
Sep 2023
Jun 2024
Sep 2024
Shareholding History
Mutual Funds Holding Trend
Increased Mutual Fund Holding
In last 3 months, mutual fund holding of the company has increased by 4.48%
Top 5 Mutual Funds holding DEE Development Engineers Ltd
| Funds (Top 5) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
|---|---|---|---|---|
Kotak ELSS Tax Saver Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 2.9071% | Percentage of the fund’s portfolio invested in the stock 0.92% | Change in the portfolio weight of the stock over the last 3 months 0.11% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 44/60 (+4) |
Kotak Manufacture in India Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 2.2594% | Percentage of the fund’s portfolio invested in the stock 1.78% | Change in the portfolio weight of the stock over the last 3 months 0.22% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 41/66 (+1) |
Aditya Birla Sun Life Small Cap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 2.1940% | Percentage of the fund’s portfolio invested in the stock 0.84% | Change in the portfolio weight of the stock over the last 3 months 0.11% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 95/110 (-17) |
Compare 3-month MF holding change on Screener
Hmm, looks like there hasn't been any net deal activity in the last 6 monthssmallcases
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 timeDEE Development Engineers has bagged an export order valued at USD 16.5 million for supply of prefabricated pipe spools. Powered by Capital Market - Live
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
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
Dee Development Engineers will hold a meeting of the Board of Directors of the Company on 11 November 2024Powered by Capital Market - Live
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
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
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
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
Dee Development Engineers will hold a meeting of the Board of Directors of the Company on 14 August 2024.Powered by Capital Market - Live
The first order, valued at $5.92 million, is from John Zink Company LLC for the supply and fabrication of pipe support, with a completion deadline set for September-October 2024. Additionally, the company has secured a $4.97 million contract from John Cockerill S.A., Belgium, to deliver 682 metric tons of prefabricated piping for a heat recovery steam generator (HRSG) project in Uzbekistan. This project is slated for completion between March and August 2025. Dee Development Engineers specializes in delivering comprehensive process piping solutions. Their expertise encompasses engineering intricate piping systems for diverse industries, coupled with state-of-the-art manufacturing capabilities that handle a wide range of metals, from carbon steel to exotic alloys. This allows them to offer end-to-end services, from design to production, for complex piping projects. The firm reported a net profit of Rs 14.34 crore and net sales of Rs 545.55 crore for the nine months ended on 31 December 2023. The stock entered the stock exchanges on 26 June 2024. It was listed at Rs 325, a premium of 60.1% to the issue price of Rs 203. Its IPO was subscribed 99.56 times. The issue opened for bidding on 19 June 2024 and it closed on 21 June 2024. The price band of the IPO was fixed at Rs 193 to 203 per share. Powered by Capital Market - Live
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant