DEE Development Engineers Q1 FY26 earnings call: Revenue & Margins
Q1 FY26 earnings call: what management said on revenue, margins and capex.
- Revenue
- ₹224Cr
- +21.1% YoY
- −21.7% QoQ
- Net profit
- ₹13Cr
- +333.3% YoY
- −59.4% QoQ
- Margin
- 16%
- +3 pp YoY
- −6 pp QoQ
Guidance rank: #26 of 54 in Industrial Manufacturing
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The short version
The company anticipates a threefold increase in revenue over the next 3 to 5 years (confirmed by management). DEE Development Engineers Limited expects a threefold increase in revenue over the next 3 to 5 years.
From DEE Development Engineers Ltd's Q1 FY26 earnings-call transcript · updated 23 Aug 2026.
Revenue & Sales Performance
- The company anticipates a threefold increase in revenue over the next 3 to 5 years (confirmed by management).
- For FY 2026, revenue guidance stands around INR 1,300 crores, with expectations for further phenomenal growth in FY 2027.
- Capacity expansions at Anjar and Palwal facilities enable overall revenue potential of INR 2,500 to 3,000 crores at full utilization.
- Order pipeline is robust, with expected order inflow of approximately INR 1,200 crores by March 2026.
- Strong traction expected in Oil & Gas (around 45% of new orders) and Power sectors.
2 more points from DEE Development Engineers Ltd's call on revenue
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Profitability & Margins
DEE Development Engineers Limited expects a threefold increase in revenue over the next 3 to 5 years.
Locked: what DEE Development Engineers Ltd said on margins
Also locked on this page: fundraising
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Capital Expenditure Plans
- Q1 FY26 Capex: INR 25-30 crores already incurred.
- FY26 Planned Capex: Around INR 100 crores aimed to enhance capacities in process piping solutions and high-wall thickness seamless piping.
- Hydrogen Business: Planned small-scale in-house hydrogen plant (INR 10-15 crores) to demonstrate ultra-pure hydrogen production; further major capex likely by venture partner in Build-Own-Operate models.
- Anjar Facility Expansion: 15,000 MTPA capacity addition commissioning by August 2025, earlier than planned; expected depreciation post full capitalization INR 60-65 crores annually.
2 more points from DEE Development Engineers Ltd's call on capex
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Top-ranked in Industrial Manufacturing
Ranked on what management guided this quarter
Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.
Fundraising & Capital Structure
Currently, the company plans to fulfill working capital needs through borrowings.
Locked: what DEE Development Engineers Ltd said on fundraising
Also locked on this page: margins
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Order Book & Pipeline
- Current order book as of July 31, 2025, stands robust at INR 1,226 crores.
- Anticipated order inflow of around INR 1,200 crores by March 2026, in addition to around INR 320 crores received in the first 4 months of FY26.
- Order pipeline for FY27 is strong with expectations of continued significant orders, especially from Oil & Gas and Power sectors.
- Presently, discussions and final negotiations are ongoing with multiple customers, underpinning confidence in order booking targets.
- Execution timelines for large Power sector orders range from 6 to 12 months.
- Opening order book for the next period is expected to be INR 1,500+ crores.
- A share of about 2% of the current order book is to be shipped to the USA.
2 more points from DEE Development Engineers Ltd's call on order book
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DEE Development Engineers Ltd — Quarterly revenue & net profit
DEE Development Engineers Ltd Q1 FY26 results — key figures
| ₹ Cr | Q1 FY26 | Q1 FY25 | YoY | Q4 FY25 | QoQ |
|---|---|---|---|---|---|
| Revenue | 224 | 185 | +21.1% | 286 | -21.7% |
| Operating profit (EBITDA) | 36 | 25 | +44% | 64 | -43.7% |
| Operating margin | 16% | 13% | +3 pp | 22% | -6 pp |
| Profit before tax | 16 | 4 | +300% | 42 | -61.9% |
| Net profit (PAT) | 13 | 3 | +333.3% | 32 | -59.4% |
| EPS (₹) | 1.91 | 0.46 | +315.2% | 4.56 | -58.1% |
Source: reported quarterly figures (Screener), ₹ crore.
Reported quarterly figures (₹ Cr). Latest (Q4 FY26): revenue ₹362 Cr, net profit ₹28 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.
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What DEE Development's management said in earlier quarters
- Q1 FY27 earnings call analysis →
- Q3 FY26 earnings call analysis →
- Q2 FY26 earnings call analysis →
- Q3 FY25 earnings call analysis →
Earlier calls (2)
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Potential multibaggers · Q2 FY27
Potential multibaggers in Industrial Manufacturing
on management's own guidance
- Strong growth2
- Strong growth1
- Strong growth3
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
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Frequently Asked Questions
What were DEE Development Engineers Ltd Q1 FY26 results?
The company anticipates a threefold increase in revenue over the next 3 to 5 years (confirmed by management). DEE Development Engineers Limited expects a threefold increase in revenue over the next 3 to 5 years.
What is DEE Development Engineers Ltd share price analysis?
DEE Development Engineers Ltd currently shows a neutral. The stock trades at a P/E of 61.1 with a market cap of ₹5,010 Cr. Investors should review the full earnings analysis for detailed insights.
Is DEE Development Engineers Ltd planning capital expenditure?
Q1 FY26 Capex: INR 25-30 crores already incurred.
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This analysis is AI-generated based on publicly available earnings data and the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.
