DEE Development Engineers’ Order Book Reaches ₹2,435.61 Crore

manufacturing-news
K L Bansal, Chairman & Managing Director of DEE Development Engineers Limited

 DEE Development Engineers Limited (BSE: 544198 | NSE: DEEDEV), an engineering company providing customised process piping solutions, reported a closing order book of ₹2,435.61 crore as of August 31, 2026. The company recorded order inflows of ₹94.18 crore during August, including amendments and currency fluctuations, while order execution stood at ₹87.37 crore during the month.

With the August additions, cumulative order inflow for FY2026-27 reached ₹955.46 crore as of August 31, including amendments and currency fluctuations. Cumulative order execution during the same period stood at ₹461.55 crore. The company’s order book continues to be supported by demand from power, oil and gas, heavy fabrication and other industrial applications. Its core piping business accounts for the majority of the order book, with power and oil and gas remaining key customer industries.

During August, DEE India secured orders across the power, oil and gas and other segments, while DEE Thailand continued to add orders in the power segment. DEE Fabricom India, the company’s heavy fabrication business, also remained engaged in the execution of power-sector projects.

DEE’s manufacturing and operating presence across India and Thailand provides the company with capabilities to participate in domestic as well as international projects. Its integrated manufacturing operations span process piping, heavy fabrication and seamless pipes, supporting execution across a range of industrial applications.

Commenting on the order position, KL Bansal, Chairman and Managing Director, DEE Development Engineers Limited, said, “The outlook for specialised engineering remains constructive, supported by sustained investments in power, renewables, oil & gas and industrial infrastructure. CRISIL expects India’s capital-goods sector to grow by 12–14% in FY27, while power-sector investments are projected to increase by 15–20%. With an order book of nearly ₹2,436 crore and an expanded manufacturing footprint, DEE is well positioned to participate in this opportunity. As project execution typically gathers momentum in the second half, our focus remains on disciplined delivery, higher utilisation, cash generation and profitable growth.”

Alongside its core engineering operations, DEE is progressing its non-core power generation and biomass pellet businesses. Projected FY27 revenue from these businesses is approximately ₹47.71 crore, including ₹23.4 crore from the pellet plant. The company’s current order book provides execution visibility across its core operations as it continues to expand its participation in power, oil and gas and industrial infrastructure projects. DEE is also focused on improving manufacturing utilisation, maintaining execution discipline and strengthening cash generation as it moves through the second half of FY2026-27.

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.