Dee Development Engineers Q1 FY27 Revenue Up 31.6% to ₹294 Cr

Dee Development Engineers Ltd reported strong Q1 FY27 results with revenue increasing by 31.6% year-on-year to ₹294 Cr. Operating EBITDA grew 38.7% YoY to ₹50 Cr, and PAT rose 22.4% YoY to ₹16 Cr. The company's closing order book stands at ₹2,428 crore, up 92.5% YoY. A debt reduction of approximately ₹225 crore is planned via a preferential issue. Revenue recognition of ₹25 crore was deferred due to geopolitical disruptions but is expected to be recognized in the next quarter. The company highlighted strong execution in the Piping & Fittings segment, particularly in the Power sector, and progress in its backward integration strategy with the seamless pipe manufacturing facility.