DEE Development Engineers Limited — Investor Meet, 27-05-2026: Analysts/Institutional Investor Meet/Con. Call Updates
DEE Development Engineers concluded FY26 with strong financial performance: Revenue increased 38% to Rs. 1,142 Cr, Profit After Tax (PAT) grew 76.9% to Rs. 77.2 Cr, and core business EBITDA rose 64.2% to Rs. 210.5 Cr. The company's significant CAPEX cycle is largely complete, with its Anjar facility and seamless pipe plant now fully operational.
For FY27, DEE holds a robust order book of Rs. 2,040 Cr and expects over Rs. 2,000 Cr in new orders, predominantly from the power sector, which is projected to contribute 65-70% of total revenue. Management targets consolidated EBITDA margins above 19%. Working capital efficiency is improving, with lower inventory days anticipated due to faster power sector project cycles. The non-core power segment is expected to stabilize profitability, supported by tariff revisions and a new biomass pellet plant. New growth avenues, including the nuclear sector, are also under exploration. The company expresses confidence in delivering profitable growth.
