DEE Development Engineers Ltd Share Price – NSE /  BSE

Steel, Small Cap

According to an exchange filing, the order involves the prefabrication and supply of piping and supports for a Taiwan project. The scope of work includes the supply and fabrication of piping materials for a heat recovery steam generator (HRSG) system.

The total value of the contract is estimated at euro 1.9 million, equivalent to around Rs 20 crore. The order is scheduled to be executed by May 2027.

The company stated that it is unable to disclose the name of the customer due to commercial confidentiality.

DEE Development Engineers (DDEL) is an engineering company providing specialized process piping solutions for industries such as oil and gas, power (including nuclear), process industries, and chemicals through engineering, procurement, and manufacturing services.

The company reported a consolidated net profit of Rs 18.28 crore in Q3 FY26 compared with a net loss of Rs 13.33 crore in Q3 FY25. Net sales increased 77% YoY to Rs 298.67 crore in Q3 FY26.

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DEE Development Engineers announced that its material subsidiary, DEE Piping Systems (Thailand) Co. has received a Letter of Intent for supply of HRSG piping for an International customer. The value of the order is approximately Euro 1.9 million (equivalent to Rs 20 crore).

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The order has been awarded by a domestic entity, a joint venture between an Indian conglomerate and a foreign power sector major. The name of the customer has not been disclosed due to commercial considerations.

The contract, valued at Rs 58 crore, is scheduled to be executed by December 2026, the company said in a regulatory filing.

This is the maiden order for seamless pipes to be manufactured at the company?s new facility in Anjar, Gujarat, signalling the commencement of commercial operations at the plant.

The company clarified that neither the promoter nor the promoter group has any interest in the entity awarding the contract. It also stated that the order does not fall under related party transactions.

DEE Development Engineers (DDEL) is an engineering company providing specialized process piping solutions for industries such as oil and gas, power (including nuclear), process industries, and chemicals through engineering, procurement, and manufacturing services.

The company reported a consolidated net profit of Rs 18.28 crore in Q3 FY26 compared with a net loss of Rs 13.33 crore in Q3 FY25. Net sales increased 77% YoY to Rs 298.67 crore in Q3 FY26.

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DEE Development Engineers has secured first ever contracts for supply of seamless pipes which will be manufactured in its newly established forged seamless pipe plant situated at Anjar, Gujarat. The value of the contracts is Rs 58 crore.

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