DEE Development Engineers Limited, a prominent engineering company known for delivering customized process piping solutions, has released its order book update for March 2026. The update reflects consistent growth across its core segments—piping, heavy fabrication, and power—as the company concludes the financial year 2025-26.
This performance demonstrates the company’s ability to maintain momentum even in a competitive market environment. As of March 31, 2026, the company’s total order book stood at ₹1,940.07 crore. During March alone, DEE secured fresh orders amounting to ₹155.70 crore, underscoring steady month-on-month order inflows.
For the full FY 2025-26, cumulative order inflow reached ₹1,869.67 crore, supported by cumulative execution worth ₹1,158.22 crore. These figures indicate strong order visibility and healthy execution capability across projects. The piping segment remains the core pillar of the company’s business, with significant contributions from DEE India’s power and oil & gas verticals.
These two verticals together account for a major share of the overall order book. Meanwhile, DEE Thailand, the company’s international subsidiary, recorded notable traction in the Southeast Asian market by booking fresh power orders valued at ₹70.24 crore in March. This growth reflects expanding global opportunities and increasing demand for the company’s engineering expertise beyond India.
In addition to confirmed orders, the company has also been identified as the lowest bidder (L1) for new contracts totaling ₹209 crore. These orders come from well-established clients, and official purchase orders are expected soon. The L1 status gives the company enhanced visibility for near-term revenue addition.
Sharing his perspective on the company’s performance, Mr. K. L. Bansal, Chairman and Managing Director of DEE Development Engineers Limited, noted that ending FY26 with a strong order position reinforces the stability of the company’s core business.
He highlighted that consistent order inflows, a growing international presence, and promising L1 opportunities strengthen confidence in the company’s growth outlook. He further emphasized that DEE remains committed to timely execution and aims to solidify its presence in high-potential sectors.
On the power business side, the Punjab State Electricity Regulatory Commission (PSERC) has released its final tariff order for Malwa Power Private Limited, setting the tariff at ₹5.224 per kWh for FY 2025-26. For DEE India, the company’s power division continues to supply electricity to PSPCL at ₹7.47 per unit, based on an interim stay granted by the Hon’ble High Court of Punjab & Haryana. This tariff situation provides operational stability for the division while regulatory matters continue to unfold.
Looking ahead, the company has projected power segment revenue of approximately ₹47.71 crore for FY 2026-27. This includes an estimated ₹23.4 crore contribution from a pallet plant expected to be commissioned soon. With additional operational capacities coming online and a diverse order portfolio, the outlook for the upcoming year appears promising.
DEE Development Engineers Limited’s latest update signals a well-balanced combination of domestic strength, expanding international opportunities, and strategic visibility from pending bids. Together, these factors reinforce the company’s confidence in sustaining growth and enhancing its positioning across critical engineering and power sectors.
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