April 09: DEE Development Engineers Limited, a leading provider of customized process piping solutions, has announced its order book update for March 2026, reflecting strong business momentum across its core segments as it concludes FY 2025–26.
The company reported a total order book of ₹1,940.07 crore as of March 31, 2026, supported by fresh order inflows of ₹155.70 crore during the month. For the full financial year, cumulative order inflows reached ₹1,869.67 crore, with execution totaling ₹1,158.22 crore, demonstrating steady operational performance.
The piping segment continues to anchor the order book, with significant contributions from the power and oil & gas verticals in India. The company’s international arm, DEE Thailand, recorded INR 70.24 crore in fresh power orders in March, highlighting increasing traction in the Southeast Asian market.
Additionally, DEE has secured L1 (lowest bidder) status for projects worth ₹209 crore, with formal purchase orders expected in the near term, further strengthening future revenue visibility.
Commenting on the update, K. L. Bansal, Chairman and Managing Director of 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 has issued its final tariff order for Malwa Power Private Limited, fixing the tariff at ₹5.224 per kWh for FY 2025–26. Meanwhile, the company’s power division continues to supply electricity to Punjab State Power Corporation Limited at ₹7.47 per unit, following a stay granted by the Punjab and Haryana High Court.
Looking ahead, DEE has projected power segment revenues of approximately INR 47.71 crore for FY 2026–27, including contributions from a pallet plant expected to be commissioned shortly.
With a robust order pipeline, expanding international presence, and continued focus on execution excellence, DEE Development Engineers Limited remains well-positioned to capitalize on growth opportunities across infrastructure and energy sectors.
