| Metric | Value (₹ Cr) | Q2 FY26 | Q3 FY25 |
|---|---|---|---|
| Revenue | 286.67 | 6.2% | 77.0% |
| Total Income | 292.30 | 6.2% | 81.4% |
| Expenditure | 267.83 | 5.9% | 50.0% |
| PBT | 20.25 | 9.4% | 215.9% |
| Net Profit | 18.55 | 4.3% | 239.2% |
| OPM | 15.15% | 1.17pp | 39.12pp |
| NPM | 6.35% | 0.12pp | 14.62pp |
| EPS | 2.68 | 4.3% | 228.8% |
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
Q3FY26 Revenue grew by 77% YoY at X286.7 Cr
- 2
Operating EBITDA grew by 666.4% YoY
- 3
Core business received new order inflows of X251 crore in the quarter
- 4
Anjar Pipe Fabrication Unit was fully operational during the quarter
- 5
Anjar Seamless Pipe Plant remains on schedule for commercialisation in the current quarter
- 6
Tariff revision matters are currently under litigation in the power generation segment
Management Comments
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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