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DEE Development Engineers Closes Order Book of ₹1,940.07 Cr in March 2026

April 10, 2026
DEE Development Engineers Closes Order Book of ₹1,940.07 Cr in March 2026

DEE Development Engineers Limited, a leading engineering company providing customized process piping solutions, today disclosed its order book update for March 2026, reflecting sustained momentum across its piping, heavy fabrication, and power segments as the company closes out FY 2025-26.

The company’s total order book stood at ₹1,940.07 crore as of March 31, 2026, with fresh order inflows of ₹155.70 crore during the month. Cumulative order inflow for FY 2025-26 reached ₹1,869.67 crore, with cumulative execution of ₹1,158.22 crore over the same period.

The piping segment continues to anchor the order book, with DEE India’s power and oil & gas verticals together accounting for the bulk of the book. DEE Thailand, the company’s international arm, added ₹70.24 crore in fresh power orders during March alone, reflecting growing traction in the Southeast Asian market.

Additionally, the company has been identified as the lowest bidder (L1) for orders aggregating ₹209 crore from reputed clients, with formal purchase orders expected shortly.

Commenting on the development, Mr. K. L. Bansal, Chairman and Managing Director, DEE Development Engineers Limited, said, “Closing FY26 with a strong order book reinforces the resilience of our core business and the trust of our customers across sectors. The steady inflows, expanding international footprint, and visibility from L1 positions give us confidence in our growth trajectory. We remain focused on execution-led delivery and strengthening our position in high-opportunity segments.”

On the power business front, the Punjab State Electricity Regulatory Commission (PSERC) has issued its final tariff order for Malwa Power Private Limited, fixing the rate for FY 2025-26 at ₹5.224 per kWh. The company’s power division for DEE India continues to supply electricity to PSPCL at ₹7.47 per unit, pursuant to a stay granted by the Hon’ble High Court of Punjab & Haryana. The company has guided projected power segment revenue of approximately ₹47.71 crore for FY 2026-27, including ₹23.4 crore from a pallet plant slated for commissioning shortly.

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