DEE Development Engineers Limited (DEEDEV) has informed the stock exchanges that its wholly owned subsidiary, M/s DEE Fabricom India Private Limited, has received a high-value order via email intent for the supply of windmill towers. This order, valued at approximately Rs. 90 Crores, represents the highest value order in the history of the subsidiary.
The contract involves the supply of windmill towers to a domestic entity, with execution scheduled between May 2026 and January 2027. This domestic order falls under the category of heavy fabrication and is significant for the company’s subsidiary, which reported an order book of Rs. 40.54 crore for heavy fabrication at the end of December 2025. The company has cited commercial confidentiality as the reason for not disclosing the specific customer name.
Founded in 1988, DEE Development Engineers is India’s largest integrated process piping solutions provider by installed capacity, serving sectors like oil and gas, power (including nuclear), and chemicals. In 2025, the company achieved significant milestones, including the commissioning of its 30,000 MT capacity Anjar facility in September 2025. Recent updates indicate a robust consolidated order book of Rs. 1,302.73 crore as of December 31, 2025, with fresh inflows of Rs. 98.11 crore during that month alone. The company also appointed Brham Prakash Yadav as Chief Financial Officer effective January 2026 to strengthen its leadership team.
In the third quarter of FY26 (ended December 2025), DEE Development reported a strong 77% year-on-year growth in revenue, reaching Rs. 286.7 crore. This performance was primarily driven by execution in the Piping & Fittings segment for the oil and gas sector. The company’s net profit for the quarter stood at Rs. 18.28 crore, reflecting a sequential growth of 2.4% from Rs. 17.86 crore in the previous quarter (Q2 FY26). Notable institutional investors include Kotak ELSS Tax Saver Fund (6.68%), LIC MF Multi Cap Fund (3.84%), and Tata Infrastructure Fund (2.45%) as of the December 2025 shareholding pattern.
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