India's Richest People 2026 edition · 1 director · Source: Hurun India
- #872 Krishan Lalit Bansal & family ₹3,400 Cr
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
ROE
9.1%
ROCE 10.6%
Debt / Equity
0.76
Interest cover 43.3x
About Dee Development Engineers Limited
Data last updated:
Dee Development Engineers Limited is a public limited company based in Palwal, Haryana, India. It operates in the electric power generation segment of the energy sector. It was incorporated on 21 March 1988 and has been in existence for over 38 years.
Its director Krishan Lalit Bansal and family are #872 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Haryana, under CIN L74140HR1988PLC030225. Its GSTIN is 06AACCD0207H1ZA (Haryana). The company holds 8 GST registrations, of which 7 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 544198 and NSE: DEEDEV.
The company has an authorised share capital of ₹85 Cr and a paid-up capital of ₹69.26 Cr. It was formerly known as Dee Development Engineers Private Limited and De Development Engineers Private Limited. It is led by directors including Krishan Lalit Bansal (Managing Director) and Shikha Bansal (Whole-Time Director).
Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Palwal, Haryana.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹1,142 Cr, a growth of 38% compared to the previous year. For the same year it recorded a net profit of ₹78.74 Cr (net margin 6.9%) and EBITDA of ₹193.84 Cr (EBITDA margin 17%). The net worth stands at ₹890.38 Cr (up 11.2% YoY). Total assets are valued at ₹1,662.8 Cr (up 26.7% YoY).
The company has about 2,369 employees on its provident fund (EPFO) records. Its group structure includes 3 subsidiaries.
The company is associated with 1 brand: Dee Piping Systems. As per MCA filings, the company has open charges of ₹2,383.08 Cr and satisfied charges of ₹960.6 Cr on record. Court records list 21 cases involving the company, including 9 filed by the company and 12 filed against it; 6 cases are pending. The company has 32 deals on record (20 market trades, 9 secondary share transfers, 2 funding rounds), with disclosed funding of ₹208.56 Cr; the latest was in March 2026.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website deepiping.com.
Company details
CIN L74140HR1988PLC030225
Registration Number 030225
Incorporation Date 21 March 1988
ROC Haryana
Listing Status Listed - Listed on NSE (DEEDEV); Listed on BSE (544198)
Company Status Active
Date of Last AGM 26 September 2025
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant
Name history
Dee Development Engineers has undergone 2 name changes throughout its history. The company was previously known as Dee Development Engineers Private Limited, and De Development Engineers Private Limited. The current legal name is Dee Development Engineers Limited.
| Company Name | Status |
|---|---|
| Dee Development Engineers Limited | Current |
| Dee Development Engineers Private Limited | Previous |
| De Development Engineers Private Limited | Previous |
CIN history
Dee Development Engineers has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L74140HR1988PLC030225, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L74140HR1988PLC030225 | Current |
| U74140HR1988PLC030225 | Previous |
| U74140HR1988PTC030225 | Previous |
Key People
Krishan Lalit Bansal Managing Director Shikha Bansal Whole-Time Director Shruti Aggarwal Whole-Time Director Recognitions & Rankings of Dee Development Engineers
Contact details
Dee Development Engineers Limited's registered office is in Palwal, Haryana. Its website is deepiping.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressUnit 1, Prithla – Tatarpur Road Village Tatarpur, Palwal, Haryana, India – 121102
- IndustryEnergy, Electric Power Generation, Transmission And Distribution
To see the full contact details of Dee Development Engineers Limited, buy the company report.
Comprehensive company report
Dee Development Engineers Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Dee Development Engineers operates one associated brand: Dee Piping Systems. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| High-pressure piping systems, fittings, and induction bends are manufactured. | deepiping.com |
Business activity
The main business activities of Dee Development Engineers are manufacturing and electricity, gas, steam and air condition supply. In detail, this covers metal and metal products and electric power generation, transmission and distribution. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | |
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution |
To see the full business activity and turnover split of Dee Development Engineers Limited, buy the company report.
Financials of Dee Development Engineers Limited
FY 2025-26 filings availableDee Development Engineers Limited reported revenue of ₹1,142 Cr (up 38% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue
₹1,142 Cr
+38.0% YoY
EBITDA
₹194 Cr
+50.4% YoY
Profit After Tax
₹78.74 Cr
+79.6% YoY
Net Worth
₹890 Cr
+11.2% YoY
Total Assets
₹1,663 Cr
+26.7% YoY
Total Debt
₹771 Cr
+50.7% YoY
Revenue 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 (₹) | 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 (₹) | 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 (₹) | 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
Figures in ₹ Cr; negatives in brackets. Updated 24 Oct 2026
| 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 (₹) | 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 (₹) | 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 (₹) | 11.14 | 6.32 | 4.94 | 12.23 | 7.73 | 9.05 | 8.52 |
| Dividend per share (₹) | 1.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.50 |
| Book value per share (₹) | 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 (₹) | 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 (₹) | 8.12 | 3.38 | 3.74 | 17.52 | 11.60 | 14.09 | 17.57 |
| Dividend per share (₹) | 1.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.50 |
| Book value per share (₹) | 128.07 | 119.33 | 93.46 | 447.08 | 430.18 | 314.95 | 300.72 |
To see the full year-wise statements and ratios of Dee Development Engineers Limited, buy the company report.
Board of directors of Dee Development Engineers Limited
Dee Development Engineers has 6 current directors and 16 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shikha Bansal | Whole-Time Director | 01 Dec 2020 | 5 Years 10 Months | Current |
| Krishan Lalit Bansal | Managing Director | 21 Mar 1988 | 38 Years 7 Months | Current |
| Shruti Aggarwal Also directs: Dee Fabricom India Private Limited, Malwa Power Private Limited, Uprise Trade Solutions LLP and 1 more | Whole-Time Director | 14 Apr 2025 | 1 Years 6 Months | Current |
| Ashwani Kumar Prabhakar | Director | 12 Jul 2023 | 3 Years 3 Months | Current |
| Shilpi Barar | Director | 12 Jul 2023 | 3 Years 3 Months | Current |
| Bhisham Kumar Gupta Also directs: Nam Securities Limited | Director | 12 Jul 2023 | 3 Years 3 Months | Current |
Auditor
Dee Development Engineers Limited is audited by S. R. Batliboi & Co. LLP for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S. R. Batliboi & Co. LLP | FY 2022 | 301003E/E300005 |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 70.20%, foreign institutional investors hold 2.20%, domestic institutional investors hold 10.80% and retail and other public shareholders hold 16.90%.
Sep 2026
QUARTER
70.20% Promoters
10.80% DII (Domestic Institutional)
2.20% FII (Foreign Institutional)
16.90% Retail & Others
Promoter holding - history
Now 70.20% · Sep 2026High 70.20% · Dec 2025Low 70.20% · Dec 2025
Shareholding trend - last 6 quarters
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 70.20% | 70.20% | 70.20% | 70.20% |
| Public | 29.80% | 29.80% | 29.80% | 29.80% |
Charges & borrowings
Open charges
₹2,383.08 Cr
Satisfied charges
₹960.6 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Mar 2026 | 101267856 | Others | ₹1,257.1 Cr | Open | |
| 29 Sep 2025 | 101171116 | Others | ₹18 Cr | Open | |
| 16 Sep 2025 | 101165703 | Hdfc Bank Limited | ₹60 Cr | Open | |
| 11 Aug 2025 | 101146513 | Others | ₹50 Cr | Open | |
| 08 Aug 2025 | 101145874 | Others | ₹65 Cr | Open |
To see the full charge records of Dee Development Engineers Limited, buy the company report.
Total charge records: 137 View all charges
Deals & funding
Dee Development Engineers Limited has 32 deals on record (20 market trades, 9 secondary share transfers, 2 funding rounds), with disclosed funding of ₹208.56 Cr; the latest was in March 2026.
Total deals
32
Market trades
20
Secondary share transfers
9
Funding rounds
2
IPO
1
Disclosed funding
₹208.56 Cr
Deals on record (5 of 32)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2026 | Market trade | ₹12.12 Cr | Buyer: Hrti Private Limited Seller: Hrti Private Limited |
| Mar 2026 | Market trade | ₹23.94 Cr | Buyer: Junomoneta Finsol Private Limited , Hrti Private Limited Seller: Junomoneta Finsol Private Limited , Hrti Private Limited |
| Mar 2026 | Market trade | ₹13.79 Cr | Buyer: Junomoneta Finsol Private Limited Seller: Junomoneta Finsol Private Limited |
| Mar 2026 | Market trade | ₹24.85 Cr | Buyer: Junomoneta Finsol Private Limited , Hrti Private Limited Seller: Junomoneta Finsol Private Limited , Hrti Private Limited |
| Mar 2026 | Market trade | ₹11.01 Cr | Buyer: Junomoneta Finsol Private Limited Seller: Junomoneta Finsol Private Limited |
To see the full deal history of Dee Development Engineers Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Dee Development Engineers Limited has 21 court cases on record: 9 filed by Dee Development Engineers, 12 filed against it. 6 cases are pending and 15 are disposed.
Total cases
21
Filed by the company
9
Filed against the company
12
Pending
6
Disposed
15
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 17 | 10 | 5 |
| High courts | 3 | 2 | 1 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 21)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Punjab and Haryana | Writ petition | Filed by the company against Punjab State Power Corporation Ltd and 1 other | Pending |
| District court, Faridabad, Haryana | Court case (C S) | Filed by the company against M/S Hyundai Merchant Marine India Private Limited. and 2 others | Pending |
| NCLT, Amravati | Insolvency matter | Filed by the company against BGR Energy Systems Limited | Disposed |
| District court, Faridabad, Haryana | Cheque dishonour complaint | Filed by the company against South Eastern Roadways Ltd and 4 others | Disposed |
| District court, Faridabad, Haryana | Court case (C S) | Filed by the company against South Eastern Roadways Ltd | Disposed |
To see the full case history of Dee Development Engineers Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Dee Development Engineers Limited was last rated by Care on 30 Sep 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 30 Sep 2022 |
To see the full credit ratings and regulatory alerts of Dee Development Engineers Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Dee Development Engineers Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Dee Development Engineers has 3 subsidiary companies. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
3
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Dee Fabricom India Private Limited | U28990HR2018PTC076325 | |
| Malwa Power Private Limited | U40107HR2002PTC067195 | |
| Atul Krishan Bansal Foundation | U85300DL2021NPL376061 |
To see the full group structure of Dee Development Engineers Limited, buy the company report.
Employees & EPFO
Dee Development Engineers Limited has a workforce of 2,369 employees on its EPFO records as of Apr 13, 2025, across 8 active EPFO establishments.
Employee count
2,369
Active EPFO establishments
8
Employee growth
-1.5%
GST
Dee Development Engineers has 8 GST registrations: 7 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
8
Active
7
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AACCD0207H1ZA | Haryana | Active | 01 Jul 2017 |
| 03AACCD0207H1ZG | Punjab | Active | 01 Jul 2017 |
| 33AACCD0207H1ZD | Tamil Nadu | Active | 04 Jul 2017 |
| 08AACCD0207H1Z6 | Rajasthan | Active | 20 Feb 2021 |
To see the full GST registrations and return filing status of Dee Development Engineers Limited, buy the company report.
Recent activity
Dee Development Engineers Limited has 36 board changes on record since 1988: 22 appointments and 14 cessations. The latest: Ashima Bansal ceased to be Whole-Time Director on 14 Apr 2025.
Charges
A charge registered on 30 Mar 2024 via Charge ID 100915000 with Others was fully satisfied on 16 Jun 2026.
Charges
A charge with Others of Rs. 1,257.10 Cr registered on 11 Mar 2026 with Charge ID 101267856 was modified on 12 May 2026.
Filing
Dee Development Engineers Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Haryana.
Charges
A charge with Others amounted to Rs. 1,257.10 Cr with Charge ID 101267856 was registered on 11 Mar 2026.
Charges
A charge registered on 17 Feb 2023 via Charge ID 100684689 with Others was fully satisfied on 22 Jan 2026.
Charges
A charge registered on 23 Sep 2020 via Charge ID 100376298 with Others was fully satisfied on 22 Jan 2026.
Charges
A charge registered on 19 Jun 2023 via Charge ID 100743586 with Bank Of India was fully satisfied on 20 Jan 2026.
Charges
A charge registered on 03 Oct 2022 via Charge ID 100640743 with Bank Of India was fully satisfied on 20 Jan 2026.
Charges
A charge registered on 03 Oct 2022 via Charge ID 100640744 with Bank Of India was fully satisfied on 20 Jan 2026.
Charges
A charge registered on 03 Oct 2022 via Charge ID 100640746 with Bank Of India was fully satisfied on 20 Jan 2026.
Charges
A charge registered on 03 Oct 2022 via Charge ID 100640748 with Bank Of India was fully satisfied on 20 Jan 2026.
Charges
A charge registered on 06 Mar 2020 via Charge ID 100335578 with Others was fully satisfied on 20 Jan 2026.
283 earlier events are in the company report.
News
DeE Development Engineers: Signs Agreement With Local EPC Firm For Nuclear Power Sector Support.
DEE Development: Engineers Secures Order Valued At ₹46 Crore
DEE Development Engineers: Subsidiary Gets Contract Email For Supply Of Windmill Towers Worth About ₹55 Crores, Set To Be Completed By August 2027.
Frequently asked questions
Dee Development Engineers is an active public limited company based in Palwal, Haryana, India. The company works in electric power generation, within the energy industry. It was incorporated on 21 March 1988 (38+ years old) and is registered under CIN L74140HR1988PLC030225. Listed on BSE: 544198 and NSE: DEEDEV.
Dee Development Engineers reported revenue of ₹1,142 Cr for FY 2025-26 (up 38% YoY) based on consolidated financials.
Dee Development Engineers has 6 current directors:
- Krishan Lalit Bansal - Managing Director
- Shikha Bansal - Whole-Time Director
- Shruti Aggarwal - Whole-Time Director
- Ashwani Kumar Prabhakar - Director
- Shilpi Barar - Director
- Bhisham Kumar Gupta - Director
The latest financial statements of Dee Development Engineers on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 26 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Dee Development Engineers is 06AACCD0207H1ZA, registered in Haryana. The company has 8 GST registrations in all, of which 7 are active and 1 is cancelled or inactive. Other active GSTINs include 03AACCD0207H1ZG (Punjab), 33AACCD0207H1ZD (Tamil Nadu), 08AACCD0207H1Z6 (Rajasthan).
The CIN (Corporate Identification Number) of Dee Development Engineers is L74140HR1988PLC030225. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Dee Development Engineers is a listed company as per MCA records. Its shares are listed on both BSE (code: 544198) and NSE (symbol: DEEDEV).
Dee Development Engineers has 21 court cases on record: 9 filed by the company and 12 filed against it. 6 are pending. Most are in the district courts.
Dee Development Engineers was incorporated on 21 March 1988, making it 38+ years old. It is registered with the Registrar of Companies, Haryana.
Dee Development Engineers has 32 deals on record (20 market trades, 9 secondary share transfers, 2 funding rounds), with disclosed funding of ₹208.56 Cr; the latest was in March 2026.