DEE Development Engineers Limited (BSE: 544198 | NSE: DEEDEV), an engineering and process piping solutions provider, maintained a strong order book of ₹2,428.79 crore as of July 31, 2026, supported by continued demand from the power, oil & gas, heavy fabrication and industrial sectors. The company recorded order inflows of ₹81.06 crore during July 2026, while order execution stood at ₹80.46 crore during the month. With the latest additions, cumulative order inflows for FY2026-27 reached ₹861.28 crore as of July 31, including amendments and currency fluctuations. Cumulative order execution during the financial year stood at ₹374.18 crore.
DEE’s core process piping business continues to account for a significant portion of its order book, with projects spanning power, oil & gas and industrial applications across domestic and international markets. During July, DEE India secured orders across power, oil & gas and other industrial segments.
DEE Fabricom India added ₹19.69 crore of power-sector orders through its heavy fabrication business during the month. The company’s Thailand subsidiary also continued project execution across international power and oil & gas assignments. The company is currently L1 for orders worth approximately ₹42 crore from reputed customers. These orders have not been included in the reported order book or July order inflow and are expected to be formally awarded through purchase orders.
KL Bansal, Chairman and Managing Director, DEE Development Engineers Limited, said the company’s order book provides strong revenue visibility for FY27. He added that the company is focusing on improving capacity utilisation, asset productivity and operating leverage following its major expansion cycle.
DEE remains confident of achieving its FY27 revenue target of more than ₹1,500 crore and an EBITDA margin of over 19%. The company also expects annual order inflows to exceed ₹2,000 crore, supported by opportunities in its core businesses and emerging segments such as nuclear energy and data centres.
The company’s power generation business continues to support the broader business portfolio. The 6 MW Malwa Power biomass plant has an applicable tariff of ₹5.437 per kWh for FY2026-27, following the approved tariff for FY2025-26 and the annual escalation in the variable component.
DEE has projected FY27 revenue of approximately ₹47.71 crore from its power generation and pellet businesses, including around ₹23.4 crore from the pellet plant. The company continues to focus on converting its project pipeline into profitable growth while improving cash generation, reducing debt and maintaining disciplined capital allocation. Its integrated capabilities across process piping, heavy fabrication, seamless pipes and engineered solutions position it to address growing infrastructure and energy-sector requirements in India and overseas.
DEE Development Engineers provides specialized process piping solutions for industries including oil & gas, power, chemicals, and infrastructure. The company manufactures a wide range of engineered products such as piping spools, pressure vessels, industrial fittings, modular skids, induction bends, and customized fabricated components across multiple grades of specialized metals.
