DEE Development Engineers Reports Order Book and Execution Status as of June 2026
DEE Development Engineers Limited provided updates on its order book execution and inflow for the period spanning from June 1 to June 30, 2026. The company reported performance across various sectors, including Pipelining and Heavy Fabrication, with a focus maintained on key clients in the Power and Oil & Gas industries.The data summarizing the operational status of the company is presented below:
| Nature of Activity | Key Client Segment | Opening As on June 1, 2026 (INR in Crores) | Order Inflow during June 2026 (INR in Crores) | Executed during June 2026 (INR in Crores) | Closing as on June 30, 2026 (INR in Crores) | Cumulative Order Inflow for FY2026-27 (INR in Crores) | Cumulative Order Executed for FY2026-27 (INR in Crores) |
|---|---|---|---|---|---|---|---|
| Pipelings | Power / Oil & Gas | 1,251.42 | 2.24 | 34.63 | 1,219.03 | 285.62 | 86.90 |
| Pipelings | Others* | 2.29 | 16.85 | 11.84 | 7.30 | 17.85 | 27.62 |
| Pipelings | Power / Oil & Gas | 184.76 | 1.78 | 9.74 | 176.79 | 12.24 | 28.71 |
| Pipelings | Others* | 0.84 | 0.46 | 1.13 | 0.17 | -5.30 | 4.35 |
| Heavy Fabrication | Power | 110.20 | 62.60 | 5.65 | 167.15 | 65.86 | 15.21 |
| Gas Plants | Others* | 3.22 | 0.23 | 0.45 | 3.00 | 0.57 | 0.79 |
| Power | Total (Overall) | 2,433.90 | 99.02 | 104.72 | 2,428.20 | 780.87 | 294.37 |
In addition to the details provided in the operational report, the company confirmed it holds Letters of Intent (LO) for orders totaling INR 12 crores from reputed clients. These potential contracts are expected to be formalized into purchasing orders shortly and were not included in the comprehensive data presented above.
Power Division Updates
The company also shared specific updates related to its Power division contracts. PSERC's Final order dated March 27, 2026, fixed the tariff rate for FY 2025-26 at Rs 5.224/kWh (comprising Rs 0.97 fixed + Rs 4.254 variable) with an annual escalation of 5% on variable cost. Consequently, the tariff rate for FY 2026-27 is set at Rs 5.437 per kWh. The company noted that it may appeal this decision before the APTEL in New Delhi to seek a higher tariff aligned with CERC regulations. Furthermore, projected revenue for FY 27 is anticipated to be approximately Rs 47.71 crores, which includes Rs 23.4 crores from the pellet plant.
Regarding the tariff revision of DEE Development Engineers Limited's Power Division, which was previously set at Rs 5.877 per unit by PSERC vide its order dated August 20, 2025, the company had filed an appeal before the High Court of Punjab and Haryana. The High Court's order dated October 23, 2025, has maintained a stay on the Commission's order. As a result, the company will continue to supply electricity to PSPCL at the prevailing tariff rate of ₹7.47 per unit. Any recovery claimed by PSPCL regarding tariff differential will remain withheld until the matter is finally disposed of by the High Court.
Financial and Operational Notes
The report provided clarity on revenue recognition, noting that while the total value of executed orders represents invoiced amounts, revenue recognized under Indian GAAP (Ind AS 115) may differ from the invoiced amount due to Incoterms and performance obligations. Revenue recognition is aligned with the transfer of control of goods or services to the customer, which could result in lower revenue being recognized compared to the total invoiced value for the reporting period. The exchange rate used for existing export orders to Thailand was stated as 1 THB = 2.84472 INR.
DEEDEV Stock Price Movement
Shares of DEE Development Engineers Limited rallied on Wednesday, climbing 4.24% to close at ₹674.95. The gain was supported by a total traded volume of 160,835 shares during the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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