/images/ppid_59c68470-image-178089253346578331.webp)
/images/ppid_59c68470-image-178063510221554304.webp)
/images/ppid_59c68470-image-17806675350767862.webp)
What is the story about?
Shares of piping systems manufacturer DEE Development Engineers Ltd. opened higher on Monday, June 8, after the company reported a strong order inflow of ₹631.91 crore during May 2026.
The company's total order book stood at ₹2,433.90 crore as of May 31, compared with ₹1,909.82 crore at the beginning of the month, according to an exchange filing on Monday. DEE Development Engineers executed orders worth ₹107.83 crore during May.
For FY27 till May 31, the company recorded cumulative order inflows of ₹681.85 crore and executed orders worth ₹177.51 crore.
Piping segment drives growth
The piping segment remained the key growth driver during the month.
DEE India's power segment reported order inflows of ₹274.79 crore in May, taking its closing order book to ₹1,251.42 crore. The oil and gas segment emerged as the biggest contributor, securing fresh orders worth ₹358.49 crore and ending the month with an order book of ₹881.18 crore.
DEE Thailand, the company's overseas arm, secured power sector orders worth ₹3.22 crore during the month, with its closing order book standing at ₹184.76 crore.
In the heavy fabrication business, DEE Fabricom India recorded fresh orders worth ₹2.84 crore in the power segment, taking its closing order book to ₹110.20 crore.
Power tariff update
Separately, the company's power division continues to supply electricity to PSPCL at the prevailing tariff of ₹7.47 per unit following a stay granted by the Punjab and Haryana High Court in October 2025 on PSERC's revised tariff order of ₹5.877 per unit. The matter remains pending before the High Court.
For Malwa Power, the tariff for FY27 has been fixed at ₹5.437 per kWh under a final order issued by PSERC in March 2026.
The company has projected revenue of approximately ₹47.71 crore for FY27, including ₹23.4 crore from its pellet plant. It is also evaluating the possibility of filing an appeal before APTEL seeking a higher tariff in line with CERC regulations.
Shares of DEE Development Engineers ended Friday's session 5% higher at ₹671.15.
The company's total order book stood at ₹2,433.90 crore as of May 31, compared with ₹1,909.82 crore at the beginning of the month, according to an exchange filing on Monday. DEE Development Engineers executed orders worth ₹107.83 crore during May.
For FY27 till May 31, the company recorded cumulative order inflows of ₹681.85 crore and executed orders worth ₹177.51 crore.
Piping segment drives growth
The piping segment remained the key growth driver during the month.
DEE India's power segment reported order inflows of ₹274.79 crore in May, taking its closing order book to ₹1,251.42 crore. The oil and gas segment emerged as the biggest contributor, securing fresh orders worth ₹358.49 crore and ending the month with an order book of ₹881.18 crore.
DEE Thailand, the company's overseas arm, secured power sector orders worth ₹3.22 crore during the month, with its closing order book standing at ₹184.76 crore.
In the heavy fabrication business, DEE Fabricom India recorded fresh orders worth ₹2.84 crore in the power segment, taking its closing order book to ₹110.20 crore.
Power tariff update
Separately, the company's power division continues to supply electricity to PSPCL at the prevailing tariff of ₹7.47 per unit following a stay granted by the Punjab and Haryana High Court in October 2025 on PSERC's revised tariff order of ₹5.877 per unit. The matter remains pending before the High Court.
For Malwa Power, the tariff for FY27 has been fixed at ₹5.437 per kWh under a final order issued by PSERC in March 2026.
The company has projected revenue of approximately ₹47.71 crore for FY27, including ₹23.4 crore from its pellet plant. It is also evaluating the possibility of filing an appeal before APTEL seeking a higher tariff in line with CERC regulations.
Shares of DEE Development Engineers ended Friday's session 5% higher at ₹671.15.
/images/ppid_59c68470-image-17808850285391185.webp)
/images/ppid_59c68470-image-17808825348189875.webp)
/images/ppid_59c68470-image-178089007206387642.webp)
/images/ppid_59c68470-image-178062755324162969.webp)
/images/ppid_59c68470-image-178062511559596951.webp)
/images/ppid_59c68470-image-178063503809912617.webp)