DEE Development Engineers Reports 39% Growth in Q2 FY26 Operating Income
Filing Summary
DEE Development Engineers Limited reported a 39% year-on-year increase in operating income for Q2 FY26, reaching ₹27,000 Lacs. The company’s operating EBITDA rose by 48% to ₹4,406 Lacs, with a margin of 16.3%. Total income for the quarter was ₹27,517 Lacs, a 31% increase from the previous year. The company also reported a PAT of ₹1,786 Lacs, with a margin of 6.5%. DEE Development Engineers continues to expand its operations, commissioning a 30,000 MT production capacity at its Anjar facility in September 2025.
DEE Development Engineers Limited announced its unaudited financial results for the quarter and half-year ended 30th September 2025. The company reported a significant increase in its financial performance for Q2 FY26. The operating income for the quarter reached ₹27,000 Lacs, marking a 39.2% increase compared to the same period in the previous year. The total income for the quarter was ₹27,517 Lacs, reflecting a 31% year-on-year growth.
The company’s financial performance was further highlighted by a rise in Operating EBITDA, which increased by 47.9% to ₹4,406 Lacs. The operating EBITDA margin improved by 96 basis points to 16.3%. The PAT for Q2 FY26 was ₹1,786 Lacs, with a margin of 6.5%. The year-on-year decline in PAT was attributed to a high other income of ₹1,598 Lacs in Q2 FY25 from non-recurring items. Excluding this, the normalized operating PBT for Q2 FY25 was ₹1,016 Lacs, compared to ₹1,717 Lacs in Q2 FY26, indicating a 69% growth in underlying operational profitability.
For the half-year ended 30th September 2025, Revenue from Operations increased by 30.3% year-on-year to ₹49,376 Lacs. The operating EBITDA for H1 FY26 rose by 46.4% to ₹7,993 Lacs, with margins expanding by 179 basis points to 16.2%. The PAT for H1 FY26 stood at ₹3,106 Lacs, up 22.1% from the previous year. The company reported new orders worth ₹170 Crores from the thermal power sector, contributing to an order book of ₹1,308 Crores as of 30th September 2025.
In terms of operational developments, DEE Development Engineers commissioned a 30,000 MT production capacity at its Anjar facility on 8th September 2025. The company is also on track to commission a 7,000 MT Seamless Pipe Plant by the end of Q3 FY26, with commercial production expected to commence by January 2026. These expansions are aimed at enhancing backward integration and cost competitiveness.
DEE Development Engineers Limited is a leading provider of process piping solutions in India, offering engineering, procurement, and manufacturing services for industries such as oil and gas, power, and chemicals. The company specializes in manufacturing high-pressure piping systems, industrial pipe fittings, and other customized components, handling complex metals like carbon steel and stainless steel.