DEE Development Engineers Limited — Investor Meet, 10-02-2026: Analysts/Institutional Investor Meet/Con. Call Updates

DEE Development Engineers posted strong Q3 & 9M FY26 results. Q3 revenue surged 77% YoY to Rs. 286.7 crore, with 9M operating EBITDA up 104.8% to Rs. 123.4 crore. Core business EBITDA grew 175.5% to Rs. 129.8 crore. Management anticipates core margins of 18-20% for FY27. The power division's expected Rs. 36 crore annual loss is being tackled with a new pellet plant, aiming for EBITDA neutrality. The Anjar facility is fully operational, and a seamless pipe plant is nearing completion, set to boost future revenue and efficiency. The order book is Rs. 1303 crore, with Rs. 300-400 crore in the pipeline. Management expresses confidence in growth and capital efficiency, eyeing diversification into nuclear, semiconductors, and pharma.