DEEDEV
DEE Development Engineers Limited
NSELast Traded Price
₹610.95
-24.85 (-3.91%)
Open
₹643.95
High
₹645
Low
₹604.05
Prev Close
₹635.8
Industry
Industrial Products
Market Cap
4596.75 Cr
Filing History
Recent corporate announcements and filings for DEEDEV
Business Update
Neutral
2026-08-27 19:08
- Submission of the Business Responsibility and Sustainability Report (BRSR) for the Financial Year 2025-26. This report provides disclosures on environmental, social, and governance (ESG) practices, outlining material business conduct issues, risks, and opportunities on a consolidated basis.
Governance
Neutral
2026-08-27 18:26
- DEE Development Engineers Limited filed compliance for SEBI Regulation 36(1)(b).
- The Annual Report for FY 2025-26 and Notice of 37th AGM are available on the company's website and stock exchanges.
- Shareholders are reminded to update KYC details and dematerialize physical shares per SEBI guidelines.
Governance
Neutral
2026-08-21 11:27
- The company announced the book closure date for its Annual General Meeting.
- The Register of Members and Share Transfer Book will be closed from September 17, 2026, to September 23, 2026 (both days inclusive).
Financials
Positive
2026-08-21 11:00
- Final Dividend of ₹1.00 per equity share for FY 2025-26. - Record date for dividend eligibility is September 16, 2026. - Dividend will be declared at the AGM on September 23, 2026.
Governance
Positive
2026-08-21 10:42
- The Board of Directors met on August 21, 2026.
- Recommended a final dividend of Re. 1 per equity share for FY 2025-26.
- The 37th Annual General Meeting (AGM) will be held on September 23, 2026, at 2:00 P.M. via VC/OAVM.
- The record date for the final dividend is September 16, 2026.
- Book closure period for AGM is September 17-23, 2026.
Business Update
Positive
2026-08-20 14:34
- Order Win: DEE Development Engineers Limited won order from Reliance Industries Ltd.
- Order Value: ₹36 Cr (Inclusive of GST)
- Completition Timeline: 9 months
Business Update
Neutral
2026-08-18 11:00
- Investor Meet Schedule
- Investor Meet Date: Tuesday, August 25th, 2026
- Meeting Type: Physical (One-on-One and Group Meetings)
- Organized By: Systematix Group
- Venue: The Capital - BKC, Mumbai
- Discussions will be based on publicly available information; no presentation or unpublished price sensitive information will be shared.
Business Update
Neutral
2026-08-12 09:58
- Investor Meet Schedule
- Meet Date: August 14th, 2026
Business Update
Positive
2026-08-11 23:38
- Q1 FY27 Consolidated Revenue from operations stood at ₹294.5 Cr, marking a 31.6% YoY growth.
- Q1 FY27 Consolidated Operating EBITDA was ₹49.7 Cr (▲38.7% YoY) with a margin of 16.9% (vs 16% in Q1FY26).
- Q1 FY27 Consolidated PAT was ₹16.1 Cr (▲22.4% YoY).
- Order book as of June 30, 2026, is robust at ₹2,428 Cr, and the company received a significant domestic purchase order of ₹386.82 Cr from Bharat Petroleum Corporation Limited.
- Management guided for FY27 revenue of more than ₹1,500 Cr and EBITDA margins of over 19%, expressing confidence in exceeding these targets.
- FY27 order inflow is expected to exceed ₹2,000 Cr.
- Net debt is projected to reduce significantly to ₹400-425 Cr by FY27 end, from ₹718 Cr in Q1 FY27, following a ₹300 Cr preferential issue.
- Operational leverage and backward integration (seamless pipe plant) are expected to drive further margin improvement, with the seamless pipe manufacturing targeted for ~20% EBITDA margin.
- The company is expanding into new sectors like data centers and targets entry into the nuclear sector within two years.
Ownership
Neutral
2026-08-11 23:14
- DEE Development Engineers Limited issued 59,76,096 Equity Shares through Preferential Allotment, causing the shareholding of Chairman & MD Mr. Krishan Lalit Bansal to decrease from 50.82% to 47.31% (a reduction of 3.51%).
- This disclosure is made under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
- Listing and trading approval for these shares was received on July 23 and 28, 2026.
Business Update
Positive
2026-08-10 10:20
- Total Order Inflow during July 2026 was ₹81.06 Cr.
- Total Order Executed during July 2026 was ₹80.46 Cr.
- Closing Order Book as of July 31, 2026, stands at ₹2,428.79 Cr.
- The company is L1 for additional orders worth ₹42 Cr, expected to be awarded shortly.
Business Update
Neutral
2026-08-07 12:37
- Audio recording of the Analyst Call/Investor presentation held on August 06, 2026, to discuss the financial results for the Quarter ended 30th June, 2026, is available on the company's website.
Financials
Positive
2026-08-04 14:41
- Revenue from Operations ₹294.5 Cr vs ₹223.8 Cr (▲31.6% YoY)
- Operating EBITDA ₹49.7 Cr vs ₹35.9 Cr (▲38.7% YoY)
- PAT ₹16.1 Cr vs ₹13.1 Cr (▲22.4% YoY)
- EBITDA Margin 16.9% vs 16.0% (▲86 bps)
- Closing Order Book ₹2,428 Cr as on June 30, 2026 (▲92.5% YoY)
- ~₹225 Cr debt reduction via preferential issue proceeds to lower finance costs
Governance
Neutral
2026-08-04 11:47
- Board approved increasing Authorized Share Capital to ₹950 Cr and a significant remuneration hike for WTD Ms. Shikha Bansal (from ₹38.49L to ₹1.38Cr).
- Also approved issuing Equity Shares for a ₹2,000 Cr loan conversion and a Related Party Transaction for office rent.
Financials
Negative
2026-08-04 11:29
CRITICAL RED FLAG DETECTED
- Consolidated Revenue ₹294.46Cr vs ₹223.76Cr (▲31.60% YoY)
- EBITDA ₹49.75Cr vs ₹35.87Cr (▲38.66% YoY)
- PAT ₹16.08Cr vs ₹13.14Cr (▲22.40% YoY)
- EBITDA Margin 16.90% vs 16.03% (▲87bps)
- The auditor noted a material uncertainty regarding the impairment assessment of Malwa Power Private Limited's assets (₹50.83 Cr) due to an ongoing tariff dispute impacting its operational viability.
- Board approved reclassification and increase in Authorised Share Capital from ₹850 Cr to ₹950 Cr for future fund-raising.
- Approved issuance of equity shares on conversion of an existing ₹2,000 Cr loan facility from Bank of India and Consortium Banks, convertible upon event of default.
Business Update
Neutral
2026-07-30 10:59
- Concall Schedule
- Concall Date: Thursday, 6th August, 2026
- Concall Time: 2:00 PM IST
- To discuss operational and financial performance for Q1 FY27.
Business Update
Neutral
2026-07-29 17:29
- Concall Schedule
- Concall Date: 6th August, 2026
- Concall Time: 2:00 PM IST
- Purpose: To discuss Q1 FY27 operational and financial performance.
Ownership
Positive
2026-07-29 10:31
- DEE Development Engineers Limited received trading approval from BSE and NSE for the listing of 59,76,096 equity shares.
- These shares were allotted on a preferential basis.
- The shares are admitted to dealings on the Exchange from July 29, 2026.
Ownership
Positive
2026-07-24 17:41
- DEE Development Engineers Limited received listing approvals from BSE and NSE for 59,76,096 equity shares.
- These shares, with a face value of ₹10/- and issued at ₹492/- premium, were allotted on a preferential basis on July 08, 2026.
Business Update
Neutral
2026-07-09 07:31
- Closing Order Book as of June 30, 2026, is ₹2,428.20 Cr.
- Order inflow during June 2026 was ₹99.02 Cr, with ₹104.72 Cr orders executed.
- Company is L1 for potential new orders worth ₹12 Cr.
- Power Division continues supply at ₹7.47/unit due to stay on tariff revision.
Routine
Neutral
2026-07-08 20:33
New Filing detected. See link for details.
Ownership
Positive
2026-07-01 23:56
- DEE Development Engineers Limited received in-principle approval from BSE and NSE on July 1, 2026, for issuing 59,76,096 equity shares.
- The shares will be issued at ₹502 each on a preferential basis to Promoter and Non-Promoters (Public).
Ownership
Neutral
2026-06-29 11:45
- Clarification regarding the proposed preferential issue of 59,76,096 equity shares on a private placement basis.
- Confirmed no change in the category/status of proposed allottees.
- The share price was determined as per a valuation report dated 03.06.2026.
- A correction was made to the Explanatory Statement for the Extra-Ordinary General Meeting.
Routine
Neutral
2026-06-27 21:48
- Trading window for dealing in company securities closed from July 1, 2026.
- Closure applies to Designated Persons and will remain till 48 hours after declaration of Q1 FY27 un-audited financial results (quarter ending June 30, 2026).
- Board meeting date for results will be informed later.
Governance
Neutral
2026-06-27 21:33
- DEE Development Engineers Limited held an EGM on June 27, 2026.
- Shareholders approved a Special Resolution for the Preferential Issue of Securities on a Private Placement basis.
- The resolution passed with a requisite majority, receiving 99.56% of total votes cast in favor.
Governance
Positive
2026-06-27 20:59
- The Extraordinary General Meeting (EGM) was held on June 27, 2026.
- Shareholders approved the resolution for a Preferential Issue of Equity Shares on a Private Placement basis to the Promoter/Promoter Group and Non-Promoters for consideration in cash.
- The resolution passed with requisite majority, with 99.56% of votes cast in favor.
Governance
Positive
2026-06-27 13:50
- Extraordinary General Meeting (EGM) of DEE Development Engineers Limited was held on June 27, 2026, through video conferencing/OAVM.
- The EGM commenced at 01:00 p.m. and concluded at 01:20 p.m.
- The primary business transacted was regarding the Preferential Issue of Securities on Private Placement basis, requiring a Special Resolution.
- Details of voting results will be disseminated to the Stock Exchanges and placed on the Company's website in due course.
Business Update
Positive
2026-06-23 07:02
- Order Win: DEE Development Engineers Limited's Wholly Owned Subsidiary, DEE Fabricom India Private Limited, won an order from Ganeko Solar Private Limited.
- Order Value: ₹64 Crores (Inclusive of GST).
- Nature of Order: Supply of fifteen EN156 Envision make 353 MT Windmill Towers for 3.3MW Windmill.
- Completion Timeline: January 2027.
Ownership
Neutral
2026-06-19 11:07
- Corrigendum issued for EGM on June 27, 2026, at 1 PM IST. Amends Item No. 1 of EGM Notice concerning proposed Preferential Issue of Equity Shares following Stock Exchange observations. Promoter shareholding will decrease from 70.18% to 65.13% post-issue.
Governance
Neutral
2026-06-18 16:02
- Corrigendum issued for the Extra Ordinary General Meeting (EGM) scheduled for June 27, 2026, to be held via Video Conferencing/OAVM.
- The corrigendum modifies Item No. 1 of the EGM Notice, specifically concerning a proposed Preferential Issue of Equity Shares.
- Revisions were made following observations from BSE and NSE.
- The filing includes updated pre and post-issue shareholding structures and clarifies valuation report applicability as per SEBI ICDR Regulations.
Business Update
Positive
2026-06-18 15:52
- Corrigendum issued for EGM on June 27, 2026, regarding a preferential issue.
- Up to 59,76,096 Equity Shares to be issued at ₹502 per share.
- Total amount raised up to ₹300,00,00,192.
- Preferential issue to 24 proposed allottees.
Business Update
Neutral
2026-06-08 12:53
- DEE Development Engineers Limited to host an Investors/Analysts Plant Visit.
- The visit is scheduled for June 17, 2026, at its Palwal Plant, Haryana.
- No Unpublished Price Sensitive Information (UPSI) will be shared.
Business Update
Neutral
2026-06-08 08:04
CRITICAL RED FLAG DETECTED
- Total order inflow of ₹631.91 Crores for May 2026.
- Orders worth ₹107.83 Crores executed during May 2026.
- Closing order book stood at ₹2,433.90 Crores as on May 31, 2026.
- Ongoing regulatory appeals concerning power tariffs for Malwa Power and DEE Development Engineers (Power Division) units.
Ownership
Positive
2026-06-04 08:24
- Board approved a preferential issue of up to 59,76,096 equity shares at ₹502 per share, aggregating approximately ₹300.00 Cr.
- Shares to be issued to Promoter and 23 Non-Promoter investors, including various institutional funds.
- An Extraordinary General Meeting (EGM) is scheduled for June 27, 2026, to seek shareholder approval for the preferential issue.
Ownership
Neutral
2026-06-04 08:11
- Board approved a preferential issue of equity shares, pending shareholder approval.
- An EGM will be held on June 27, 2026, to determine members entitled to vote on the preferential issue.
- The relevant date (Record Date) for voting entitlement is May 27, 2026.
- The cut-off date for e-voting is June 20, 2026.
Governance
Positive
2026-06-03 15:48
- EGM to be held on June 27, 2026, at 01:00 P.M. via VC/OVAM.
- Purpose: To approve preferential issue of up to 59,76,096 equity shares at ₹502 each.
- Total issue value: Approximately ₹300 Crores.
- Allottees include Promoter/Promoter Group and Non-Promoters.
Governance
Positive
2026-06-03 09:59
- The Board approved a preferential issue of up to 59,76,096 equity shares at ₹502 each, aggregating to ₹300,00,00,192.
- An EGM is scheduled for June 27, 2026, at 1:00 PM to seek shareholder approval for this issuance.
- June 20, 2026, is fixed as the cut-off date for determining voting eligibility for the EGM.
Business Update
Positive
2026-06-02 08:23
- Order Win: DEE Development Engineers Limited secured contracts from a Public Sector Maharatna EPC conglomerate of the Power Sector.
- Order Value: ₹206.55 Crores (Excluding GST).
- Completion Timeline: 6-12 months for 2 units and 2-15 months for other 2 units from the date of purchase order, for manufacturing and supply of Critical Piping Assembly.
Ownership
Neutral
2026-05-30 20:36
DEE Development Engineers Limited announced the closure of its trading window for Designated Persons from May 30, 2026, until 48 hours after the declaration of results from the EGM to be held on June 27, 2026. This action is taken in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, to prevent insider trading.
Business Update
Positive
2026-05-30 16:09
Order Win: DEE Development Engineers Limited secured a domestic purchase order from Bharat Petroleum Corporation Ltd for the manufacturing and supply of Piping. The order is valued at INR 386.86 Crores (inclusive of GST), with delivery scheduled by 18 February 2028.
Business Update
Positive
2026-05-27 18:03
Management highlighted a strong business scenario with the major CAPEX cycle largely complete and new facilities at Anjar and the seamless pipe plant ramping up. For FY27, they guided for consolidated EBITDA margins above 19% and expected order inflows exceeding ₹2,000 Cr, primarily from the power (60%) and oil & gas sectors (40%), with 60-65% domestic and 35-40% export orders. The power sector is expected to contribute 65-70% of total revenues in FY27, with existing power sector orders in the book over ₹1,200 Cr. FY27 CAPEX is projected at ₹20-30 Cr, with potential expansion into the nuclear sector under consideration. The company aims for ₹2,500 Cr revenue by FY30, with a 20-30% CAGR. Working capital cycle is expected to improve to around 200 days in FY27 due to reduced inventory days and improved payable days. The Malwa Power impairment issue is expected to be resolved by Q3 FY27 due to tariff revision and biomass pallet commissioning, leading to a clean audit opinion.
Business Update
Neutral
2026-05-23 14:36
DEE Development Engineers Limited re-submitted the audio recording link for its Earnings Call on Financial Results for the quarter and year ended 31st March, 2026, on May 23, 2026. The re-submission was necessary due to a technical error that made the previously provided link inaccessible.
Business Update
Neutral
2026-05-22 22:02
DEE Development Engineers Limited has scheduled an Investors/Analysts Plant Visit followed by a group meeting at its Palwal Plant, Haryana, on Thursday, May 28, 2026, at 11:00 am. The company clarified that no confidential or Unpublished Price Sensitive Information (UPSI) will be shared during the visit.
Business Update
Neutral
2026-05-22 21:16
DEE Development Engineers Limited announced an Investors/Analysts Plant Visit followed by a group meeting at its Palwal Plant, Haryana, on Thursday, March 28, 2026, from 11:00 am to 3:00 pm. No Unpublished Price Sensitive Information (UPSI) will be shared during the visit.
Business Update
Neutral
2026-05-22 21:08
DEE Development Engineers Limited announced on May 22, 2026, the availability of the audio recording for its Analyst Call/Investor Presentation. The call, held on the same date, discussed the Audited Financial Results for the Quarter and Year ended March 31, 2026, and is accessible on the Company's website.
Routine
Neutral
2026-05-22 10:16
DEE Development Engineers Limited has informed stock exchanges about the non-applicability of Large Corporate disclosure requirements. The company confirmed that it is not classified as a 'Large Corporate' as per SEBI circulars dated November 26, 2018, and October 19, 2023, concerning fund raising by issuance of debt securities and related compliance disclosures.
Financials
Positive
2026-05-21 14:50
Consolidated Revenue from Operations for Q4 FY26 was ₹361.6 Cr vs ₹286.4 Cr in Q4 FY25 (▲26.3% YoY), Operating EBITDA was ₹63.6 Cr vs ₹63.5 Cr (▲0.2% YoY), and PAT was ₹27.7 Cr vs ₹31.5 Cr (▼12.2% YoY). Operating EBITDA Margin was 17.6% vs 22.2% (▼460bps). For the full year FY26, Revenue grew 38% YoY, Operating EBITDA surged 54% YoY, and PAT grew 77% YoY. The company's closing order book stands at ₹1,940 Cr, up 57.9% YoY. A reservation agreement was signed for 60% of HRSG pipe spool fabrication capacity with a minimum annual job value of US$ 15.27 million.
Business Update
Positive
2026-05-21 13:37
DEE piping System (Thailand) Co. Limited, a material subsidiary of DEE Development Engineers Limited, secured a significant order/contract from an International EPC Company (name undisclosed). The order involves HRSG pipe spool fabrication and has a minimum annual value of US$ 15.27 million. The agreement is effective from June 1, 2027, through December 31, 2029.
Financials
Negative
2026-05-21 12:01
CRITICAL RED FLAG DETECTED
Consolidated Revenue ₹361.57 Cr vs ₹286.37 Cr (▲26.29% YoY), EBITDA ₹65.39 Cr vs ₹66.11 Cr (▼1.11% YoY), PAT ₹27.68 Cr vs ₹31.51 Cr (▼12.17% YoY). EBITDA Margin 18.08% vs 23.09% (▼501 bps). The auditor issued a qualified opinion on the consolidated financial results due to the lack of impairment assessment for subsidiary Malwa Power Private Limited (assets ₹47.62 Cr) and noted an emphasis of matter on the ongoing PSPCL tariff dispute, which remains sub-judice.
Business Update
Neutral
2026-05-18 17:49
DEE Development Engineers Limited announced an Earnings Conference Call for all investors and the general public on Friday, May 22nd, 2026, at 05:00 P.M. (IST). The call will discuss the operational and financial performance of the company for Q4 and Full Year 2026. Key management including the Chairman & MD, CFO, and COO will participate.
Business Update
Positive
2026-05-08 13:20
DEE Development Engineers Limited reported a total order inflow of INR 49.94 Crores during April 2026, with the closing order book standing at INR 1,909.82 Crores as of April 30, 2026. The company is also L1 for additional orders worth INR 211 Crores, which are expected to be awarded shortly and are not yet included in the current order book.