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DEE Development Engineers delivered strong Q3 FY26 results with **revenue up 77% YoY to ₹286.7 Cr** and **net profit at ₹18.6 Cr**. For 9M FY26, **revenue grew 44.3% YoY to ₹780.4 Cr**, with **net profit soaring 308.2% YoY to ₹49.5 Cr**. This robust performance was fueled by their **core business**, especially Process Piping (up 86.81% YoY) and Heavy Fabrications (up 161.16% YoY) in oil & gas and windmill sectors.
Strategically, DEE is capitalizing on India's capital expenditure boom. Their **Anjar Pipe Fabrication Unit is fully operational**, boosting margins, and a **Seamless Pipe Plant** for backward integration is due soon. They're also shifting their non-core segment to **high-margin biomass pellets**, with new capacity expected by Q1 FY27. Management sees **strong order visibility** for the core business, supported by a healthy **₹1,303 Cr order book**.