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Dee Development Engineers Ltd Q3 FY26 Results

DEEDEVQ3 FY26 Results
Filing
MetricValue ( Cr)Q2 FY26Q3 FY25
Revenue286.676.2%77.0%
Total Income292.306.2%81.4%
Expenditure267.835.9%50.0%
PBT20.259.4%215.9%
Net Profit18.554.3%239.2%
OPM15.15%1.17pp39.12pp
NPM6.35%0.12pp14.62pp
EPS2.684.3%228.8%
View full financials

Dee Development Engineers Delivers 77% YoY Revenue Growth in Q3FY26, Aided by Healthy Execution

06 Feb 2026 · 6 Feb, 3:17 pm

Summary

Dee Development Engineers Ltd, India’s largest integrated process piping solutions provider, announced its results for the quarter and nine months ended 31 December, 2026. The company reported a 77% YoY growth in revenue at X286.7 Cr, driven by healthy execution momentum in the Piping & Fittings segment, supported by strong supplies to the Oil & Gas sector. Operating EBITDA grew by 666.4% YoY, driven by operating leverage on the back of higher execution levels and improved capacity utilization.

Key Highlights

  1. 1

    Q3FY26 Revenue grew by 77% YoY at X286.7 Cr

  2. 2

    Operating EBITDA grew by 666.4% YoY

  3. 3

    Core business received new order inflows of X251 crore in the quarter

  4. 4

    Anjar Pipe Fabrication Unit was fully operational during the quarter

  5. 5

    Anjar Seamless Pipe Plant remains on schedule for commercialisation in the current quarter

  6. 6

    Tariff revision matters are currently under litigation in the power generation segment

Management Comments

M

Mr. Krishan Lalit Bansal

Chairman, DEE Development Engineers Limited

During Q3 FY26, we delivered a strong set of operating and financial results, with healthy growth in revenue, Operating EBITDA, and PAT, driven by robust execution in our pipe and fitting segment catering to the oil & gas sector... We also see encouraging visibility for order flows in the coming months from the power segment, particularly in the piping and fitting business, underpinning a healthy project funnel and sustained execution momentum... As a leading player in engineering and piping solutions, Dee Development Engineers leverages deep technical expertise, rich industry experience, and a proven track record of successfully executing complex projects across diverse geographies... With a strong footprint across energy, infrastructure, and industrial end markets, we remain confident in our ability to deliver sustainable growth and create long-term value for our stakeholders in the quarters ahead.

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