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DEE Development Engineers Order Book Crosses ₹2,500 Crore
DEE Development Engineers makes equipment and piping for industrial projects.
By September 30, 2026, it had orders worth ₹2,531 crore waiting to be completed.
The company won ₹225 crore of orders during the September quarter.
It also completed some work, with execution totaling ₹591.52 crore since the start of FY27.
Its businesses serve power, oil and gas, and other industrial sectors in India and Thailand.
The company says it wants to improve how efficiently it makes and delivers products.
For FY27, it has set targets for new orders, revenue, and profit margins.
Its shares had risen 188% during 2026, according to the article.
DEE Development Engineers reported an order book of ₹2,531 crore as of September 30, 2026.
It secured ₹225 crore in orders during the September quarter, while order execution stood at ₹129.74 crore during September.
Cumulative FY2026–27 order inflows reached ₹1,178.65 crore, and cumulative execution was ₹591.52 crore by September 30.
The company said its activity spans power, oil and gas, process piping, gas plants, and heavy fabrication in India and Thailand.
DEE is targeting FY27 order inflows above ₹2,000 crore, core revenue of ₹1,400–1,500 crore, and core EBITDA margins of 18–20%; its stock had risen 188% in 2026.
- Who
- DEE Development Engineers Limited, including its Thailand subsidiary and DEE Fabricom India.
- What
- The company reported an order book of ₹2,531 crore and outlined FY27 business targets.
- Where
- The company reported activity across India and Thailand, as well as domestic and international operations.
- When
- The order-book figures are as of September 30, 2026; the targets are for FY27.
- Why
- The company attributed its activity to business across its power, oil and gas, process piping, gas plant, and heavy fabrication operations.
Growth opportunities
Execution priorities
Expanding business
Growth opportunities
DEE said its broad manufacturing platform and activity across established markets and newer applications offer opportunities for growth.
Execution priorities
The company said meeting its FY27 targets requires sharper focus on execution, cost per tonne, and working-capital discipline.
Manufacturing capacity
Growth opportunities
The company has invested in capabilities across piping, fabrication, and seamless pipes, supported by facilities in India and Thailand.
Execution priorities
DEE said it must improve utilization and throughput so additional production supports productivity and customer delivery.
Key facts
- Order book
- ₹2,531 crore as of September 30, 2026
- September-quarter orders
- ₹225 crore, including amendments and currency fluctuations
- September execution
- ₹129.74 crore during the month
- FY27 cumulative order inflows
- ₹1,178.65 crore as of September 30, including amendments and currency fluctuations
- FY27 cumulative execution
- ₹591.52 crore as of September 30, 2026
- FY27 targets
- Order inflows above ₹2,000 crore; core revenue of ₹1,400–1,500 crore; core EBITDA margins of 18–20%
- Share performance
- The stock rose 188% in 2026 to ₹604 per share, after falling 31% in 2025
- FY26 financial results
- Revenue exceeded ₹1,000 crore for the first time; profit reached ₹77 crore
Sources
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