DEE Development ENG Ltd

NSE: DEEDEV · Industrial Products · sector

₹541.00NSE close 2026-10-26

Key numbers

Market cap₹3,747 cr

Price₹541.00

52w high / low₹760 / ₹183

P/E46.7xSector median 24.2x

P/B4.2xSector median 2.8x

Book value₹128.6

Dividend yield–Sector median 0.50%

ROE9.5%Sector median 11.5%

ROCE10.3%Sector median 13.4%

OPM16.8%Sector median 10.3%

Debt / equity0.77xSector median 0.17x

EV/EBITDA21.4xSector median 16.7x

Interest cover2.6x

Current ratio1.33x

Sales growth 3y–Sector median +10.2%

Profit growth 3y–Sector median +12.8%

PEG0.94x

Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 152 companies in Industrial Products (P/E median leaves out loss-making companies). Tap ? for what a number means.

Things to know

Cash ₹84 cr vs borrowings ₹687 cr (FY26): borrowings are higher by ₹603 cr.
Operating profit covered interest 2.6x in the last 12 months.
Promoter holding fell by 5.08 percentage points in a year, to 65.13% (2026-09-30).
Operating cash flow was below net profit in 2 of the last 3 years (FY26, FY25).
Net loss in 1 of the last 8 quarters.
Revenue was higher than a year earlier in 4 of the last 4 quarters.
Other income was 19% of net profit in the last 12 months.
Debtor days went from 90 (FY24) to 123 (FY26).
No dividend in the last 3 financial years.
Price ₹541.00 on 2026-10-26: -28.8% from the 52-week high, +195.6% from the 52-week low.

Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.

Charts

Weekly close · high ₹723.95 · low ₹182.95

Quarterly results

₹ cr	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Revenue	194	162	286	224	270	287	362	294
EBITDA	30	6	64	36	44	43	66	50
OPM %	15.4%	3.5%	22.2%	16.0%	16.3%	15.1%	18.2%	16.9%
Other income	16	-1	3	4	5	6	2	2
Net profit	22	-13	32	13	18	18	28	16
EPS (₹)	3.62	-2.08	4.56	1.91	2.57	2.68	4.00	2.33
Revenue YoY					+39.2%	+77.0%	+26.3%	+31.6%
Profit YoY					-19.8%	–	-11.1%	+21.8%

Consolidated figures where filed. Latest quarter Jun 2026.

Profit & loss (yearly)

₹ cr	FY24	FY25	FY26	TTM
Revenue	789	827	1,142	1,213
EBITDA	103	124	189	203
Net profit	26	44	77	80
EPS (₹)	4.94	6.68	11.16	11.58
Revenue growth		+4.9%	+38.0%	+40.0%
Profit growth		+66.5%	+77.3%	+49.6%
Dividend / share (₹)	–	–	–

Compounded growth	3 years	5 years	Last 12 months
Sales	–	–	+40.0%
Net profit	–	–	+49.6%
EPS	–	–	–
Share price	–	+47.8% (2y)	+97.6%

Balance sheet

₹ cr	FY24	FY25	FY26
Shareholders' equity	451	801	890
Borrowings	438	409	687
Cash & equivalents	35	48	84
Total assets	1,209	1,594	1,924
Fixed assets	387	397	626
Capital work in progress	66	148	80
Investments	0	20	0
Receivables	194	248	383
Inventory	400	585	576
Payables	225	248	98

Year-end figures from the March annual filing.

Cash flow

₹ cr	FY24	FY25	FY26
Cash from operations	103	-60	20
Cash from investing	-145	-164	-187
Cash from financing	43	227	201
Capex	134	164	190
Free cash flow	-32	-224	-170

Free cash flow = cash from operations − capex.

Ratios by year

₹ cr	FY24	FY25	FY26
ROE %	5.8%	5.5%	8.7%
ROCE %	8.5%	7.9%	9.7%
Debtor days	90	109	123
Inventory days	533	738	439
Payable days	300	313	75
Cash conversion cycle (days)	323	534	487
Working capital days	34	126	93

Shareholding

Holder	% (2026-09-30)
Promoters	65.13%
FIIs	5.25%
DIIs	13.54%
of which Mutual funds	7.95%
Public (non-institutions)	16.08%

Quarter	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Jul 2026	Sep 2026
Promoters %	70.29%	70.21%	70.21%	70.18%	70.18%	70.18%	70.18%	65.13%

Promoter group	%
Krishan Lalit Bansal	47.31%
DDE Piping Components Private Limited	10.01%
Ashima Bansal	5.85%
Shikha Bansal	1.96%
Shruti Aggarwal	0.00%
Pradeep Kumar Gupta	0.00%
Saroj Gupta	0.00%
Madhu Bala	0.00%
Sunita Aggarwal	0.00%
Geeta Gupta	0.00%
Anita Rani	0.00%
Sudhir Kumar Gupta	0.00%
Pratima Garg	0.00%
Gupta Stores	0.00%
Vishavnain Medical Store	0.00%

Public holders above 1%	%
Kotak Elss Tax Saver Fund	6.25%
Tata Infrastructure Fund	1.70%

43,565 shareholders. Pledged: – of promoter shares.

Peers in Industrial Products

Company	Market cap	P/E	P/B	ROE	ROCE	OPM	Sales 3y	Div yield
INDOMIM	₹52,085 cr	–	–	–	–	–	–	–
CPPLUS	₹45,577 cr	94.7x	24.3x	25.5%	33.3%	14.5%	–	0.04%
SYRMA	₹28,803 cr	77.7x	10.1x	17.4%	17.6%	11.1%	+33.0%	0.10%
HONAUT	₹27,500 cr	50.1x	6.2x	13.0%	16.9%	13.3%	+10.7%	0.34%
KAYNES	₹22,167 cr	64.0x	4.7x	9.1%	11.1%	15.5%	+47.7%	–
JYOTICNC	₹20,523 cr	63.8x	10.3x	17.4%	18.5%	24.4%	–	–
LMW	₹17,267 cr	84.2x	5.7x	7.0%	9.3%	7.1%	-12.1%	0.19%
TEGA	₹12,752 cr	447.9x	3.7x	0.9%	4.5%	7.5%	+11.7%	0.11%
LLOYDSENGG	₹12,248 cr	48.1x	7.3x	14.1%	15.1%	14.2%	+60.9%	0.27%
DEEDEV	₹3,747 cr	46.7x	4.2x	9.5%	10.3%	16.8%	–	–

All 152 companies in Industrial Products →

Business segments (FY26)

Segment	Revenue	Share	EBIT	Margin
Piping division	₹1,009 cr	87.6%	₹153 cr	15.1%
Heavy Fabrication	₹80 cr	7.0%	₹19 cr	23.4%
Power Divison	₹59 cr	5.1%	₹-9 cr	-15.7%
Unallocated	₹4 cr	0.4%	₹-14 cr	-326.8%

Dividends & corporate actions

Ex-date	Action	Detail
2026-09-16	Dividend	Dividend - Re 1 Per Share
2024-09-20	Other	Annual General Meeting

Documents

Links go to the original files on the exchange website.

About the company

Manufacturing: Metal and metal products
Electricity, gas, steam and air conditioning suppy: Electric power generation, transmission and distribution


Sector	Industrials
Industry	Industrial Products
Sub-industry	Industrial Products
Symbol	DEEDEV
BSE code	544198
ISIN	INE841L01016
Face value	₹10.0
Incorporated	1988-03-21
Website	www.deepiping.com
Plants (India / abroad)	7 / 1

From the company's filings (BRSR FY26).

Data built 2026-10-22 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.