Dee Development Engineers Ltd — earnings calls
2 quarters summarised from transcripts filed with the exchange, every statement cited. Newest first.
DEE Development Engineers reported Q1 FY27 revenue of Rs 294.5 crore, up 31.6% year-on-year, with operating EBITDA of Rs 49.7 crore at a 16.9% margin and profit after tax of Rs 16.1 crore. Management said around Rs 25 crore of dispatches scheduled for the quarter were pushed to Q2 due to deferred take-offs by export customers amid the Middle East situation, and highlighted a Rs 386.82 crore order from Bharat Petroleum. The company also discussed completion of its Rs 300 crore preferential issue, commissioning of the biomass pellet plant, and updates on GE, Siemens and Nooter Eriksen piping business.
DEE Development Engineers reported FY26 revenue of Rs. 1,142 Cr, up 38% year-on-year, and PAT of Rs. 77.2 Cr, up 76.9% year-on-year, with EBITDA margin improving to 16.7% from 15.0% in FY25. Management said the Anjar pipe fabrication facility and seamless pipe plant were commissioned during the year, completing a major part of the capex cycle. The order book stood at Rs. 1,940 Cr to Rs. 2,040 Cr as cited at different points in the call, with power sector orders exceeding Rs. 1,000 Cr and management discussing tariff revisions at Malwa Power and a new biomass pallet facility in the non-core segment.