DEE Development Engineers Limited (DDEL) (BSE: 544198; NSE: DEEDEV) has appointed Brham Prakash Yadav as Chief Financial Officer, effective January 2026. Mr Yadav brings more than three decades of experience in finance and operations across large, multi-location manufacturing companies.
A Chartered Accountant and Cost Accountant, Mr Yadav has worked extensively in listed company environments, with responsibilities spanning financial governance, capital planning, performance management, and operational controls. His appointment follows a strong financial performance by DDEL in the first half of FY26.
During the second quarter of FY26, the company reported operating income of ₹27,000 lakhs, reflecting a year-on-year increase of 39.2 percent. Operating EBITDA for the quarter rose 47.9 percent to ₹4,406 lakhs, with margins improving to 16.3 percent. For the first half of FY26, revenue from operations grew 30.3 percent year on year to ₹49,376 lakhs. As of November 30, 2025, the company’s order book stood at ₹1,332.53 crore, supported by continued demand from the power and oil and gas sectors.
In this environment, Mr Yadav will focus on strengthening financial strategy, capital allocation, and governance frameworks to support the company’s next phase of growth. Prior to joining DDEL, he served as Chief Financial Officer and a board member at Munjal Auto Industries Limited, a listed automotive components manufacturer with revenues exceeding ₹1,800 crore. In that role, he oversaw finance, treasury, taxation, internal controls, and investor relations across multiple plants.
Earlier in his career, Mr Yadav held senior finance leadership roles at engineering and auto-component companies, where he led initiatives in financial planning, working capital management, regulatory compliance, and internal control systems. His experience includes managing large funding programs, plant acquisitions, greenfield projects, and cost optimization initiatives.
Commenting on the appointment, KL Bansal, Chairman and Managing Director of DEE Development Engineers Limited, said that Mr Yadav’s experience in capital markets, mergers and acquisitions, and large-scale financial management would support the company’s expansion plans in India and overseas.
Mr Yadav said he looks forward to working with the leadership team to strengthen financial discipline, improve capital efficiency, and support sustainable growth aligned with the company’s long-term priorities.
DEE Development Engineers Limited is India’s largest supplier of process piping solutions, with state-of-the-art manufacturing facilities strategically located across the country. The company provides specialized piping solutions for industries such as oil & gas, power (including nuclear), process industries, and chemicals.
DEEÂ also manufactures and supplies a wide range of piping products, including high-pressure piping systems, piping spools, high-frequency induction pipe bends, LSAW pipes, industrial pipe fittings, pressure vessels, and modular skids, among others. The company is known for its expertise in handling complex metals such as carbon steel, stainless steel, super duplex stainless steel, alloy steel, and specialty materials like Inconel and Hastelloy.
