DEE Development Engineers posted strong Q4 & FY26 results, propelled by its core process piping and heavy fabrication segments.

For FY26, revenue surged 38% YoY to ₹1,142 Cr, Operating EBITDA jumped 53% to ₹189 Cr, and PAT soared 77% to ₹77 Cr.

Growth is driven by strategic capacity expansion, including the scaled Anjar facility (30,000 MTPA) and the newly commissioned seamless pipe plant, which promises enhanced capabilities and margins.

Recent developments include a green hydrogen partnership and entry into renewable energy via windmill tower fabrication.

The company secured notable orders, including a US$15.27 million annual value HRSG pipe spool fabrication reservation.

The closing order book stands robust at ₹1,940 Cr, up 58% YoY, providing multi-year revenue visibility.

Management anticipates sustained growth, leveraging India's capital expenditure cycle, operational efficiencies from new plants, and a strategic pivot in the non-core power segment towards biomass pellets to stabilize profitability and reduce debt.