This Engineering Stock Jumps 7% on Monday as Company Order Book Reaches at Rs 1,913 Crore
Company reports Rs 160 crore order inflow in February, while FY26 cumulative orders reach Rs 1,913 crore
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Shares of Dee Development Engineers Ltd (DEEDEV) moved higher during the trading session, with the stock jumping around 7 per cent to Rs 299.80. The gains in the stock came even as broader market indices were trading lower, with the Nifty 50 down about 1.73 per cent, Bank Nifty declining around 3.05 per cent, and the Sensex falling nearly 1.71 per cent during the session.
DEE Development Engineers Ltd reported an order inflow of around Rs 160.91 crore in February 2026, taking the total order inflow for FY26 to about Rs 1,913.16 crore. During the same month, the company executed orders worth approximately Rs 754.16 crore.
Order Book Details for February 2026
DEE Development Engineers Ltd reported an order inflow of about Rs 160.91 crore during February 2026, while the order execution during the month stood at around Rs 754.16 crore. As a result, the company’s total order book stood at approximately Rs 1,913.16 crore as of February 28, 2026.
The order inflow was largely driven by projects in the piping and heavy fabrication segments, particularly from the power and oil & gas industries. The company also recorded order inflows through its international operations, including DEE Thailand, along with contributions from DEE Fabricom India and other group entities. These segments continue to form a significant part of the company’s project pipeline and order execution activities.
The company also has additional opportunities in the pipeline, with projects worth about Rs 211 crore currently at the L1 stage, which may convert into confirmed orders subject to final approvals.
Company Overview
DEE Development Engineers Ltd is an engineering company engaged in the manufacturing and supply of process piping systems, heavy fabrication equipment, and engineering solutions. The company provides products and services primarily for industries such as oil and gas, power, chemicals, and other industrial sectors.
DEE Development Engineers Ltd is an engineering company engaged in the manufacturing and supply of process piping systems, heavy fabrication equipment, and engineering solutions. The company provides products and services primarily for industries such as oil and gas, power, chemicals, and other industrial sectors.
DEE Development Engineers Ltd has a market capitalisation of around Rs 2,075 crore. The company reports a return on capital employed (ROCE) of about 9.39 per cent and a return on equity (ROE) of around 7 per cent. Over the past five years, the company has recorded profit growth at a CAGR of approximately 26.3 per cent.
Disclaimer: The article is for informational purposes only and not investment advice.
