
About Dee Piping Systems
Dee Piping Systems is a publicly listed company based in Faridabad (India) founded in 1983 by K L Bansal. High-pressure piping systems, fittings, and induction bends are manufactured. Dee Piping Systems has raised $47 million across 2 funding rounds from investors including The Carlyle Group. The company has 4,330 employees. Its chief executive, as recorded, is Atul Bansal. Its Indian entity Dee Development Engineers Limited reported revenue of βΉ1,159 Cr. Dee Piping Systems offers products and services including Process Piping Solutions and Modular Skids. Its focus areas include Industrial Goods and Manufacturing and Manufacturing Services.
Company details
Dee Piping Systems was established in 1983 in Faridabad, India, within the industrial manufacturing sector focused on piping solutions. High-pressure piping systems, pipe fittings, and induction bends are produced, alongside shop-fabricated pipe spools. Services such as induction bending technology, engineering support, modular piping assemblies, and hanger and support systems are offered to clients in various industries. Operations are centered in India, serving domestic and international markets.
- Headquarters Faridabad, India
- Employees 4,330
- Founders K L Bansal
- Stage Public
- SectorsIndustrial Goods & Manufacturing
- Website deepiping.com
- Social LinkedIn X
- Legal Name Dee Development Engineers Limited
- Market Cap₹4,029 Cr
DEEDEV · NSE
- Share Price₹534.95
-0.09% today
- Revenue₹1,142 Cr
FY 2025-26 · +38.0% YoY
- EBITDA₹194 Cr
Margin 17.0%
- Net Profit₹78.74 Cr
FY 2025-26 · +79.6% YoY
- P/E (TTM)48.6x
P/B 3.4x
- ROE9.1%
ROCE 10.6%
- Debt / Equity0.76
Interest cover 43.3x
- Total Equity Funding$47M (USD)
in 2 rounds
- Latest Funding Round$47M (USD), Private Equity Round
Aug 2015
- Investors
- Employee Count4,330
Associated legal entities of Dee Piping Systems
Dee Piping Systems operates through Dee Development Engineers Limited, a listed company (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2026) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Dee Development Engineers Limited Listed CIN L74140HR1988PLC030225 | Active | 21 Mar 1988 | Palwal, Haryana | ₹1,159 Cr | 2,369 | 8 | View details |
Products & Services of Dee Piping Systems
Dee Piping Systems offers a comprehensive portfolio of products and services, including Process Piping Solutions and Modular Skids.
Specialized process piping solutions are provided for industries including oil and gas and power.
Modular skids are manufactured for applications in petrochemicals and natural gas processing.
Funding Insights of Dee Piping Systems
Dee Piping Systems has successfully raised a total of $47M across 2 strategic funding rounds. The most recent funding activity was a Private Equity Round of $47 million completed in August 2015. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $47M
- Total Rounds 2
- Last Round Private Equity Round β $47M
- Investors Count 1
All 2 funding rounds of Dee Piping Systems with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug 2015 | $47M | Private Equity Round | β | The Carlyle Group | β |
| Feb 2011 | Private Equity Round | β | β | β |
1 investors in total: 1 institutional.
Investors in Dee Piping Systems
Dee Piping Systems has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include The Carlyle Group.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity investments are directed toward multiple sectors. | 1986 | carlyle.com |
Investor details for Dee Piping Systems
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Dee Development Engineers Limited (Dee Piping Systems)
Dee Development Engineers Limited is the primary company behind Dee Piping Systems. The board of Dee Development Engineers Limited currently have 6 directors; the longest-serving is Krishan Lalit Bansal, appointed in 1988. 16 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Krishan Lalit Bansal DIN 01125121 | Managing Director | 21 Mar 1988 | 38 yrs 7 mo | Dee Development Engineers Limited |
| Shikha Bansal DIN 02712175 | Whole-time director | 01 Dec 2020 | 5 yrs 10 mo | Dee Development Engineers Limited |
| Ashwani Kumar Prabhakar DIN 10198026 | Director | 12 Jul 2023 | 3 yrs 3 mo | Dee Development Engineers Limited |
| Shilpi Barar DIN 09030808 | Director | 12 Jul 2023 | 3 yrs 3 mo | Dee Development Engineers Limited |
| Bhisham Kumar Gupta DIN 09493608 | Director | 12 Jul 2023 | 3 yrs 3 mo | Dee Development Engineers Limited |
| Shruti Aggarwal DIN 08598962 | Whole-time director | 14 Apr 2025 | 1 yr 6 mo | Dee Development Engineers Limited |
People of Dee Piping Systems
2 people are tracked at Dee Piping Systems (2 in leadership); the tracked headcount is 4,330.
| Name | Role | Group |
|---|---|---|
K L Bansal | Co-Founder | Leadership |
Atul Bansal | CEO | Leadership |
Complete people profiles for Dee Piping Systems
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
IPO & Listings of Dee Piping Systems
Dee Piping Systems is a publicly listed company on the NSE with ticker symbol DEEDEV in India, operating in the Producer manufacturing sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date26 Jun 2024
- Listed onBSE: 544198 · NSE: DEEDEV
- Listed entityDEE Development Engineers Limited
- Exchange sectorProducer manufacturing
- ISININE841L01016
- Share price₹613.30 (+1.1% on the day) · 2026-10-14
- Market capitalisation₹4,565 Cr
- Price to earnings53.2
- EPS (diluted, trailing year)₹11.53
- Dividend yield0.16%
- Volume (last session)174,817
Financials of Dee Piping Systems
Exchange-reported figures of Dee Development Engineers Limited, the listed company behind Dee Piping Systems (NSE: DEEDEV).
Financial Highlights
FY 2025-26 Β· ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 1,142 | 827 | 789 | 596 | 461 | 495 | 723 |
| Revenue growth | +38.0% | +4.9% | +32.5% | +29.2% | -6.9% | -31.5% | - |
| EBITDA | 194 | 129 | 109 | 73.62 | 67.37 | 56.35 | 86.42 |
| EBITDA margin | +17.0% | +15.6% | +13.8% | +12.4% | +14.6% | +11.4% | +12.0% |
| Profit before tax | 96.26 | 55.35 | 35.51 | 20.36 | 13.29 | 8.84 | 27.14 |
| Net profit | 78.74 | 43.84 | 26.25 | 11.81 | 8.26 | 14.26 | 13.64 |
| Net profit margin | +6.9% | +5.3% | +3.3% | +2.0% | +1.8% | +2.9% | +1.9% |
| EPS (βΉ) | 11.14 | 6.32 | 4.94 | 12.23 | 7.73 | 9.05 | 8.52 |
| Balance sheet | |||||||
| Total assets | 1,663 | 1,313 | 914 | 790 | 703 | 718 | 756 |
| Net worth | 890 | 801 | 451 | 424 | 412 | 454 | 438 |
| Total debt | 771 | 512 | 460 | 364 | 290 | 257 | 313 |
| Cash & bank | 84.37 | 47.56 | 35.18 | 32.79 | 25.27 | 5.05 | 3.87 |
| Net working capital | 916 | 711 | 432 | 405 | 348 | 357 | 389 |
| Cash flow | |||||||
| Cash from operations | 19.55 | (118) | 103 | 13.94 | 67.15 | 95.54 | 71.30 |
| Cash from investing | (187) | (164) | (145) | (51.97) | (22.15) | (6.77) | (19.46) |
| Cash from financing | 201 | 285 | 43.20 | 39.51 | (49.72) | (87.59) | (64.94) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 294 | 362 | 287 | 270 | 224 | 286 | 162 | 194 |
| Revenue growth (YoY) | +31.6% | +26.3% | +77.0% | +39.2% | +21.0% | - | - | - |
| Other income | 2.48 | 4.02 | 5.63 | 5.17 | 4.09 | 2.60 | (0.89) | 15.98 |
| EBITDA | 49.74 | 63.64 | 43.42 | 44.06 | 35.88 | 63.51 | 5.66 | 29.80 |
| EBITDA margin | +16.9% | +17.6% | +15.1% | +16.3% | +16.0% | +22.2% | +3.5% | +15.4% |
| Depreciation | 15.01 | 13.88 | 13.72 | 13.16 | 12.73 | 11.99 | 12.35 | 12.52 |
| Interest | 17.16 | 15.90 | 15.08 | 13.73 | 11.45 | 11.83 | 9.90 | 7.12 |
| Profit before tax | 20.05 | 37.88 | 20.25 | 22.34 | 15.79 | 42.29 | (17.48) | 26.14 |
| Tax | 3.97 | 10.21 | 1.70 | 4.54 | 2.64 | 10.79 | (4.16) | 3.87 |
| Net profit | 16.08 | 27.67 | 18.55 | 17.80 | 13.15 | 31.50 | (13.32) | 22.27 |
| EPS (βΉ) | 2.32 | 3.99 | 2.67 | 2.56 | 1.90 | 4.54 | (2.08) | 3.60 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 919 | 639 | 644 | 503 | 370 | 411 | 620 |
| Revenue growth | +43.8% | -0.9% | +28.2% | +35.7% | -10.0% | -33.6% | - |
| EBITDA | 154 | 90.23 | 76.35 | 55.66 | 41.66 | 48.78 | 76.42 |
| EBITDA margin | +16.7% | +14.1% | +11.9% | +11.1% | +11.3% | +11.9% | +12.3% |
| Profit before tax | 72.36 | 32.00 | 26.08 | 25.55 | 15.52 | 21.03 | 39.65 |
| Net profit | 57.16 | 23.30 | 19.77 | 17.40 | 12.36 | 22.17 | 27.85 |
| Net profit margin | +6.2% | +3.7% | +3.1% | +3.5% | +3.3% | +5.4% | +4.5% |
| EPS (βΉ) | 8.12 | 3.38 | 3.74 | 17.52 | 11.60 | 14.09 | 17.57 |
| Balance sheet | |||||||
| Total assets | 1,607 | 1,273 | 879 | 754 | 671 | 667 | 680 |
| Net worth | 887 | 824 | 496 | 474 | 456 | 494 | 472 |
| Total debt | 719 | 449 | 381 | 277 | 211 | 169 | 204 |
| Cash & bank | 60.17 | 46.39 | 32.31 | 31.23 | 25.02 | 3.73 | 0.43 |
| Net working capital | 804 | 611 | 352 | 339 | 310 | 333 | 353 |
| Cash flow | |||||||
| Cash from operations | (44.50) | (154) | 84.03 | 20.55 | 55.60 | 68.75 | 71.57 |
| Cash from investing | (162) | (149) | (140) | (52.27) | (31.72) | (10.06) | (26.32) |
| Cash from financing | 216 | 309 | 56.46 | 31.97 | (27.44) | (55.39) | (59.62) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 238 | 307 | 226 | 216 | 170 | 242 | 104 | 149 |
| Revenue growth (YoY) | +40.4% | +27.2% | +116.8% | +44.6% | +17.9% | - | - | - |
| Other income | 2.84 | 5.02 | 3.81 | 5.19 | 2.00 | 0.60 | 4.83 | 6.71 |
| Total expenses | 200 | 259 | 188 | 181 | 143 | 184 | 109 | 131 |
| EBITDA | 38.62 | 47.97 | 37.71 | 34.55 | 26.86 | 57.40 | (5.13) | 17.72 |
| EBITDA margin | +16.2% | +15.6% | +16.7% | +16.0% | +15.8% | +23.8% | -4.9% | +11.9% |
| Depreciation | 11.03 | 10.17 | 9.85 | 9.23 | 8.84 | 7.99 | 8.50 | 8.91 |
| Interest | 16.28 | 15.50 | 14.04 | 12.68 | 10.44 | 10.44 | 8.88 | 6.01 |
| Profit before tax | 14.15 | 27.32 | 17.63 | 17.83 | 9.58 | 39.57 | (17.68) | 9.51 |
| Tax | 3.62 | 7.03 | 2.12 | 4.55 | 2.45 | 10.19 | (4.16) | 2.43 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 294 | 362 | 287 | 270 | 224 | 286 | 162 | 194 |
| Revenue growth (YoY) | +31.6% | +26.3% | +77.0% | +39.2% | +21.0% | - | - | - |
| Other income | 2.48 | 4.02 | 5.63 | 5.17 | 4.09 | 2.60 | (0.89) | 15.98 |
| EBITDA | 49.74 | 63.64 | 43.42 | 44.06 | 35.88 | 63.51 | 5.66 | 29.80 |
| EBITDA margin | +16.9% | +17.6% | +15.1% | +16.3% | +16.0% | +22.2% | +3.5% | +15.4% |
| Depreciation | 15.01 | 13.88 | 13.72 | 13.16 | 12.73 | 11.99 | 12.35 | 12.52 |
| Interest | 17.16 | 15.90 | 15.08 | 13.73 | 11.45 | 11.83 | 9.90 | 7.12 |
| Profit before tax | 20.05 | 37.88 | 20.25 | 22.34 | 15.79 | 42.29 | (17.48) | 26.14 |
| Tax | 3.97 | 10.21 | 1.70 | 4.54 | 2.64 | 10.79 | (4.16) | 3.87 |
| Net profit | 16.08 | 27.67 | 18.55 | 17.80 | 13.15 | 31.50 | (13.32) | 22.27 |
| EPS (βΉ) | 2.32 | 3.99 | 2.67 | 2.56 | 1.90 | 4.54 | (2.08) | 3.60 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 1,142 | 827 | 789 | 596 | 461 | 495 | 723 |
| Revenue growth | +38.0% | +4.9% | +32.5% | +29.2% | -6.9% | -31.5% | - |
| Other income | 16.65 | 20.90 | 18.09 | 18.82 | 9.92 | 17.81 | 16.13 |
| Total expenses | 948 | 699 | 680 | 522 | 394 | 439 | 636 |
| Employee cost | 186 | 161 | 138 | 111 | 79.30 | 73.96 | 88.58 |
| EBITDA | 194 | 129 | 109 | 73.62 | 67.37 | 56.35 | 86.42 |
| EBITDA margin | +17.0% | +15.6% | +13.8% | +12.4% | +14.6% | +11.4% | +12.0% |
| Depreciation | 53.49 | 49.38 | 45.07 | 37.73 | 35.90 | 35.54 | 32.83 |
| Interest | 60.74 | 45.02 | 46.69 | 34.35 | 28.10 | 29.78 | 42.58 |
| Profit before tax | 96.26 | 55.35 | 35.51 | 20.36 | 13.29 | 8.84 | 27.14 |
| Tax | 19.08 | 11.72 | 9.30 | 7.40 | 5.10 | (5.26) | 14.52 |
| Net profit | 78.74 | 43.84 | 26.25 | 11.81 | 8.26 | 14.26 | 13.64 |
| Net profit margin | +6.9% | +5.3% | +3.3% | +2.0% | +1.8% | +2.9% | +1.9% |
| EPS (βΉ) | 11.14 | 6.32 | 4.94 | 12.23 | 7.73 | 9.05 | 8.52 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 69.26 | 69.05 | 53.04 | 10.61 | 10.61 | 15.69 | 15.69 |
| Reserves & surplus | 821 | 732 | 398 | 413 | 401 | 439 | 422 |
| Shareholders' funds (net worth) | 890 | 801 | 451 | 424 | 412 | 454 | 438 |
| Minority interest | 0.05 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Secured loans | 677 | 394 | 418 | 340 | 264 | 247 | 261 |
| Unsecured loans | 94.65 | 117 | 42.09 | 23.61 | 26.00 | 10.22 | 51.96 |
| Total debt | 771 | 512 | 460 | 364 | 290 | 257 | 313 |
| Total liabilities | 1,663 | 1,313 | 914 | 790 | 703 | 718 | 756 |
| Assets | |||||||
| Gross block | 996 | 704 | 656 | 581 | 518 | 495 | 486 |
| Net block | 654 | 422 | 414 | 381 | 354 | 365 | 388 |
| Capital work in progress | 84.41 | 148 | 65.70 | 3.49 | 4.27 | 2.00 | 1.97 |
| Investments | 0.00 | 0.00 | 0.01 | 0.01 | 0.01 | 0.00 | 0.00 |
| Inventories | 576 | 585 | 400 | 289 | 242 | 184 | 248 |
| Sundry debtors | 383 | 248 | 194 | 173 | 153 | 198 | 195 |
| Cash & bank balances | 84.37 | 47.56 | 35.18 | 32.79 | 25.27 | 5.05 | 3.87 |
| Loans & advances | 117 | 93.24 | 78.25 | 67.24 | 48.90 | 66.53 | 67.91 |
| Total current assets | 1,160 | 974 | 708 | 562 | 470 | 454 | 515 |
| Total current liabilities | 245 | 263 | 276 | 157 | 122 | 97.12 | 126 |
| Net working capital | 916 | 711 | 432 | 405 | 348 | 357 | 389 |
| Total assets | 1,663 | 1,313 | 914 | 790 | 703 | 718 | 756 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 5.89 | 2.53 | 1.82 | 0.34 | 5.05 | 3.87 | 16.98 |
| Net cash from operating activities | 19.55 | (118) | 103 | 13.94 | 67.15 | 95.54 | 71.30 |
| Net cash from investing activities | (187) | (164) | (145) | (51.97) | (22.15) | (6.77) | (19.46) |
| Net cash from financing activities | 201 | 285 | 43.20 | 39.51 | (49.72) | (87.59) | (64.94) |
| Net change in cash | 33.38 | 3.36 | 0.71 | 1.48 | (4.71) | 1.18 | (13.11) |
| Closing cash | 84.37 | 47.56 | 35.18 | 32.79 | 25.27 | 5.05 | 3.87 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +38.0% | +4.9% | +32.5% | +29.2% | -6.9% | -31.5% | - |
| EBITDA growth | +50.4% | +18.0% | +48.3% | +9.3% | +19.6% | -34.8% | - |
| PBT growth | +73.9% | +55.9% | +74.4% | +53.2% | +50.3% | -67.4% | +9997.0% |
| Net income growth | +79.6% | +67.0% | +122.3% | +43.0% | -42.1% | +4.6% | - |
| Revenue CAGR (3Y) | +24.2% | +21.5% | +16.8% | -6.2% | - | - | - |
| EBITDA CAGR (3Y) | +38.1% | +24.1% | +24.7% | -5.2% | - | - | - |
| Profitability & leverage | |||||||
| Net income margin | +6.8% | +5.3% | +3.3% | +2.2% | +1.8% | +2.9% | +1.8% |
| Return on capital employed | +10.6% | +9.0% | +9.7% | +7.3% | +5.8% | +5.2% | +9.2% |
| Return on net worth | +9.1% | +7.0% | +6.0% | +3.1% | +1.9% | +3.2% | +2.9% |
| Debt / equity | 0.76 | 0.78 | 0.94 | 0.78 | 0.63 | 0.64 | 0.72 |
| Long-term debt / equity | 0.14 | 0.15 | 0.20 | 0.15 | 0.12 | 0.14 | 0.16 |
| Interest cover | 43.28 | 56.65 | 72.83 | 95.71 | 89.29 | 143.10 | 79.46 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 1.34 | 1.22 | 1.28 | 1.08 | 0.91 | 1.01 | 1.49 |
| Inventory turnover | 1.97 | 1.68 | 2.29 | 2.24 | 2.16 | 2.29 | 2.92 |
| Debtors turnover | 3.62 | 3.74 | 4.30 | 3.65 | 2.62 | 2.52 | 3.70 |
| EPS (βΉ) | 11.14 | 6.32 | 4.94 | 12.23 | 7.73 | 9.05 | 8.52 |
| Dividend per share (βΉ) | 1.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.50 |
| Book value per share (βΉ) | 128.55 | 115.93 | 85.05 | 399.37 | 388.37 | 289.51 | 279.04 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 238 | 307 | 226 | 216 | 170 | 242 | 104 | 149 |
| Revenue growth (YoY) | +40.4% | +27.2% | +116.8% | +44.6% | +17.9% | - | - | - |
| Other income | 2.84 | 5.02 | 3.81 | 5.19 | 2.00 | 0.60 | 4.83 | 6.71 |
| Total expenses | 200 | 259 | 188 | 181 | 143 | 184 | 109 | 131 |
| EBITDA | 38.62 | 47.97 | 37.71 | 34.55 | 26.86 | 57.40 | (5.13) | 17.72 |
| EBITDA margin | +16.2% | +15.6% | +16.7% | +16.0% | +15.8% | +23.8% | -4.9% | +11.9% |
| Depreciation | 11.03 | 10.17 | 9.85 | 9.23 | 8.84 | 7.99 | 8.50 | 8.91 |
| Interest | 16.28 | 15.50 | 14.04 | 12.68 | 10.44 | 10.44 | 8.88 | 6.01 |
| Profit before tax | 14.15 | 27.32 | 17.63 | 17.83 | 9.58 | 39.57 | (17.68) | 9.51 |
| Tax | 3.62 | 7.03 | 2.12 | 4.55 | 2.45 | 10.19 | (4.16) | 2.43 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 919 | 639 | 644 | 503 | 370 | 411 | 620 |
| Revenue growth | +43.8% | -0.9% | +28.2% | +35.7% | -10.0% | -33.6% | - |
| Other income | 13.75 | 16.03 | 21.01 | 22.80 | 17.68 | 16.28 | 18.39 |
| Total expenses | 765 | 549 | 568 | 447 | 329 | 363 | 543 |
| Employee cost | 136 | 116 | 100 | 81.66 | 57.55 | 49.91 | 59.45 |
| EBITDA | 154 | 90.23 | 76.35 | 55.66 | 41.66 | 48.78 | 76.42 |
| EBITDA margin | +16.7% | +14.1% | +11.9% | +11.1% | +11.3% | +11.9% | +12.3% |
| Depreciation | 38.09 | 34.42 | 31.06 | 24.22 | 22.15 | 22.13 | 20.92 |
| Interest | 56.93 | 39.84 | 40.22 | 28.69 | 21.67 | 21.90 | 34.24 |
| Profit before tax | 72.36 | 32.00 | 26.08 | 25.55 | 15.52 | 21.03 | 39.65 |
| Tax | 16.14 | 8.66 | 6.29 | 6.97 | 3.20 | (1.09) | 12.08 |
| Net profit | 57.16 | 23.30 | 19.77 | 17.40 | 12.36 | 22.17 | 27.85 |
| Net profit margin | +6.2% | +3.7% | +3.1% | +3.5% | +3.3% | +5.4% | +4.5% |
| EPS (βΉ) | 8.12 | 3.38 | 3.74 | 17.52 | 11.60 | 14.09 | 17.57 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 69.26 | 69.05 | 53.04 | 10.61 | 10.61 | 15.69 | 15.69 |
| Reserves & surplus | 818 | 755 | 443 | 464 | 446 | 479 | 456 |
| Shareholders' funds (net worth) | 887 | 824 | 496 | 474 | 456 | 494 | 472 |
| Secured loans | 636 | 342 | 356 | 268 | 193 | 148 | 180 |
| Unsecured loans | 83.66 | 107 | 25.18 | 9.07 | 18.31 | 20.84 | 24.20 |
| Total debt | 719 | 449 | 381 | 277 | 211 | 169 | 204 |
| Total liabilities | 1,607 | 1,273 | 879 | 754 | 671 | 667 | 680 |
| Assets | |||||||
| Gross block | 745 | 490 | 458 | 385 | 327 | 309 | 301 |
| Net block | 524 | 301 | 291 | 248 | 211 | 215 | 226 |
| Capital work in progress | 84.41 | 148 | 63.74 | 2.59 | 4.26 | 1.45 | 1.88 |
| Investments | 117 | 110 | 68.38 | 68.20 | 68.20 | 57.12 | 57.11 |
| Inventories | 513 | 512 | 341 | 249 | 211 | 166 | 225 |
| Sundry debtors | 343 | 203 | 153 | 137 | 128 | 181 | 178 |
| Cash & bank balances | 60.17 | 46.39 | 32.31 | 31.23 | 25.02 | 3.73 | 0.43 |
| Loans & advances | 104 | 85.07 | 77.04 | 57.68 | 46.39 | 62.24 | 60.50 |
| Total current assets | 1,021 | 846 | 603 | 475 | 410 | 413 | 464 |
| Total current liabilities | 217 | 235 | 251 | 136 | 100 | 79.69 | 110 |
| Net working capital | 804 | 611 | 352 | 339 | 310 | 333 | 353 |
| Total assets | 1,607 | 1,273 | 879 | 754 | 671 | 667 | 680 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 5.60 | 0.43 | 0.43 | 0.18 | 3.73 | 0.43 | 14.81 |
| Net cash from operating activities | (44.50) | (154) | 84.03 | 20.55 | 55.60 | 68.75 | 71.57 |
| Net cash from investing activities | (162) | (149) | (140) | (52.27) | (31.72) | (10.06) | (26.32) |
| Net cash from financing activities | 216 | 309 | 56.46 | 31.97 | (27.44) | (55.39) | (59.62) |
| Net change in cash | 10.29 | 5.16 | 0.01 | 0.25 | (3.55) | 3.30 | (14.37) |
| Closing cash | 60.17 | 46.39 | 32.31 | 31.23 | 25.02 | 3.73 | 0.43 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +43.8% | -0.9% | +28.2% | +35.7% | -10.0% | -33.6% | - |
| EBITDA growth | +70.3% | +18.2% | +37.2% | +33.6% | -14.6% | -36.2% | - |
| PBT growth | +126.1% | +22.7% | +2.1% | +64.6% | -26.2% | -47.0% | -15.7% |
| Net income growth | +145.3% | +17.9% | +13.6% | +40.8% | -44.3% | -20.4% | - |
| Revenue CAGR (3Y) | +22.3% | +19.9% | +16.1% | -6.7% | -10.7% | - | - |
| EBITDA CAGR (3Y) | +40.3% | +29.4% | +16.1% | -10.0% | -16.6% | - | - |
| Profitability & leverage | |||||||
| Net income margin | +6.1% | +3.7% | +3.1% | +3.7% | +3.3% | +5.4% | +4.5% |
| Return on capital employed | +9.0% | +6.7% | +8.1% | +7.6% | +5.6% | +6.4% | +10.8% |
| Return on net worth | +6.6% | +3.5% | +4.1% | +4.0% | +2.6% | +4.6% | +6.0% |
| Debt / equity | 0.68 | 0.63 | 0.68 | 0.52 | 0.40 | 0.39 | 0.48 |
| Long-term debt / equity | 0.12 | 0.11 | 0.10 | 0.05 | 0.03 | 0.02 | 0.02 |
| Interest cover | 49.27 | 71.39 | 88.81 | 91.25 | 111.07 | 82.18 | 61.69 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 1.49 | 1.35 | 1.53 | 1.41 | 1.16 | 1.35 | 2.16 |
| Inventory turnover | 1.79 | 1.50 | 2.19 | 2.19 | 1.96 | 2.10 | 2.57 |
| Debtors turnover | 3.36 | 3.59 | 4.45 | 3.80 | 2.40 | 2.30 | 3.05 |
| EPS (βΉ) | 8.12 | 3.38 | 3.74 | 17.52 | 11.60 | 14.09 | 17.57 |
| Dividend per share (βΉ) | 1.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.50 |
| Book value per share (βΉ) | 128.07 | 119.33 | 93.46 | 447.08 | 430.18 | 314.95 | 300.72 |
Timeline of Dee Piping Systems
4 dated milestones of Dee Piping Systems across 41 years, from founding to its latest funding, stage changes and deals.
- Founded Dee Piping Systems is founded.
- Funding First funding round.
- Funding Latest funding round, Private Equity Round, of $47.0M.
- IPO Lists on the stock exchange (IPO).
Web traffic of Dee Piping Systems
The website of Dee Piping Systems (deepiping.com) receives about 3.3K visits a month.
- Monthly visits3.3K
▼ 58.7% vs previous month
Websites whose visitors overlap most with Dee Piping Systems. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| spencerturbine.com | 100% | View details | |||
stressman.no | stressman.no | 51% | #2,600,336 | β |
Top companies in Contract & Outsourced Manufacturing
3 companies that operate in the same segment as Dee Piping Systems (Contract & Outsourced Manufacturing) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Industrial components, mould bases, and storage solutions are manufactured globally. | 1986 | Coimbatore, Tamil Nadu, India | USD 28 M | USD 853.09 M | 3,060 | |
Single- and three-phase transformers are manufactured in Mumbai. | 1993 | Mumbai, Maharashtra, India | USD 114.37 M | 618 | ||
Apparel and clothing are manufactured and exported on contract. | 1979 | Bengaluru, Karnataka, India | USD 400 M | 40,280 |
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Frequently Asked Questions about Dee Piping Systems
Dee Piping Systems was founded in 1983 and raised its 1st funding round 28 years after it was founded.
Dee Piping Systems is headquartered in Faridabad, India. It is registered at Faridabad, Haryana, India.
Atul Bansal is the CEO of Dee Piping Systems, as recorded in our data.
Dee Piping Systems is a funded company, having raised a total of $47M across 2 funding rounds to date.
Dee Piping Systems has 4,330 employees.
The primary company behind Dee Piping Systems, Dee Development Engineers Limited, reported revenue of βΉ1,159 Cr for FY 2026, up 38% year on year.
Dee Piping Systems was established in 1983 in Faridabad, India, within the industrial manufacturing sector focused on piping solutions. High-pressure piping systems, pipe fittings, and induction bends are produced, alongside shop-fabricated pipe spools. Services such as induction bending technology, engineering support, modular piping assemblies, and hanger and support systems are offered to clients in various industries. Operations are centered in India, serving domestic and international markets.
Dee Piping Systems offers Process Piping Solutions and Modular Skids.
Yes, Dee Piping Systems is publicly traded on NSE under the ticker symbol DEEDEV.
Dee Piping Systems has 1 investor. Key investors include The Carlyle Group.
Dee Piping Systems operates through Dee Development Engineers Limited.
The legal entities of Dee Piping Systems currently have 8 directors, including Shikha Bansal, Krishan Lalit Bansal, Shruti Aggarwal and others.
