DEEDEVIndustrials

DEE Development Engineers Limited

Industrial Products · ISIN INE841L01016 · BSE 544198 · NSE EQ · FV ₹10
Last price
₹637
+0.36%today
What this company does

DEE Development Engineers Limited operates in Industrial Products, part of the Industrials sector. It booked ₹294 cr of revenue in its latest quarter (Q1 FY27) and kept 5.5% of sales as profit.

The Company is a leading engineering solutions provider Key Services: with a rich history of excellence, innovation, and growth. 1.
The Company is primarily engaged in the manufacturing of process piping solutions for critical applications across various industries.
Their stated mission

is to be the partner of choice for global treatment or next stage reaction.

In the report:
38out of 100
Equitytale Health Score
Strained

Healthier than 38% of companies in Industrials, on the 5 of 6 measures we could read for it. Each measure is ranked against the 234–290 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
48

At close. Not part of the score.

Profitability & returns48

How much profit it earns on the money it employs

Balance sheet22

How much it owes, and whether earnings cover the interest

Cash quality21

Whether reported profit actually arrives as cash

Valuation18

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Not measurable for this company: growth & consistency. Those pillars are left out of the score rather than counted as zero.

Is this company doing well?
not investment advice
Strengths
Makes a profit
Sales up 32% vs last year
Profit up 22% vs last year
Promoters hold 70%
No promoter shares pledged
Turns profit into real cash
Watch-outs
! Thin 5.5% net margin
! Low 7.2% return on equity

What if I invest in DEEDEV?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹637 +0.36%
latest close · 2026-09-17
52-wk low ₹57842 sessions so far52-wk high ₹710
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio68.3High
LowAverageHigh
P/B ratio4.95High
Below bookModerateHigh
EV / EBITDA24.2High
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity7.2%Weak
WeakFairStrong ▸15%
Return on capital14.1%Fair
WeakFairStrong
Net margin5.5%Decent
ThinDecentStrong
EBITDA margin17.7%Decent
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.77Moderate
LowModerateHigh ▸1
Interest cover2.2×Okay
RiskyOkayStrong ▸5×
Current ratio1.33Healthy
Tight ◂1HealthyAmple
More figures
Market cap
₹4,412 cr
Book value
₹129
EPS
₹2.33
latest quarter
Net debt
₹648 cr
owes more than its cash
Enterprise value
₹5,059 cr
EBITDA
₹209 cr
annualised
EBIT
₹149 cr
annualised
Operating margin
12.6%
Return on assets
3.3%
Earnings yield
1.46%
P/S
3.75
Sales / share
₹170.1
Tax rate
19.8%
Face value
₹10
Shares
6.9 cr
Working capital
₹291 cr
Current assets
₹1,160 cr
Current liabilities
₹869 cr
Delivery %
56.1%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2024 report & filings
not investment advice
Hard to value confidentlyLow confidence
The market price is far above what these earnings- and book-based models support — a fast-growing or asset-light business can trade well above them for years, so we won't put a confident number on how overpriced it is.
Models span ₹45₹135, midpoint ₹90

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹294 cr
Other Income₹2 cr
Total Income₹297 cr
Cost of Materials₹109 cr
Purchases of Stock-in-Trade₹2 cr
Inventory Change (±)₹23 cr
Employee Benefit Expense₹44 cr
Finance Costs₹17 cr
Depreciation & Amortisation₹15 cr
Other Expenses₹65 cr
Total Expenses₹277 cr
Profit before Tax₹20 cr
Tax Expense₹4 cr
Net Profit₹16 cr
Net margin on total income5.4%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹135 cr45.5%
Employee benefit expense₹44 cr15.0%
Finance costs₹17 cr5.8%
Depreciation & amortisation₹15 cr5.1%
Other expenses₹65 cr22.0%
Tax expense₹4 cr1.3%
Profit for the period₹16 cr5.4%
Total income ₹297 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue287 cr362 cr294 cr
Total income292 cr363 cr297 cr
Expenses268 cr328 cr277 cr
Profit before tax20 cr38 cr20 cr
Tax2 cr10 cr4 cr
Net profit (owners' share)18 cr28 cr16 cr
Net margin (owners' share, on revenue)6.4%7.7%5.5%
EPS (₹)2.684.002.33
YoY (latest quarter): total income +30.3% · net profit +21.8%
Balance sheet & cash flow · as of Mar 2026
Moderate debt
Total assets
₹1,924 cr
Shareholder equity
₹890 cr
parent shareholders
Total debt
₹687 cr
Cash
₹39 cr
Cash flow · H1 FY26
Operating
₹3 cr
Investing
₹-85 cr
Financing
₹124 cr
Peer comparison
Industrial Products · by market value
CompanyPriceMarket capP/E
INDO-MIM Limited₹993₹48,086 cr50.1
Aditya Infotech Limited₹3,378₹39,814 cr70.0
Syrma SGS Technology Limited₹1,618₹31,158 cr77.9
Honeywell Automation India Limited₹33,915₹29,845 cr49.7
Kaynes Technology India Limited₹3,520₹23,596 cr104.5
Jyoti CNC Automation Limited₹981₹22,305 cr97.7
LMW Limited₹18,170₹19,406 cr87.4
Tega Industries Limited₹1,920₹14,425 cr
LLOYDS ENGINEERING WORKS LIMITED₹80₹11,801 cr42.7
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
0.16%
trailing 12 months
Dividend / share (TTM)
₹1
Last dividend
₹1
ex 16 Sep 2026
ActionDetailEx-date
Dividend₹1 / share16 Sep 2026
Who owns it · 2026-07-08
No pledge
Promoter
70.2%
FII / Foreign
2.2%
DII / Domestic
10.8%
Retail / others
16.9%
Smart-money activity
Insider trades
BoughtKrishan Lalit Bansal · Promoter and Director3.98 L · ₹429 Jul 26
BoughtKrishan Lalit Bansal · Promoter and Director3.98 L · ₹429 Jul 26
BoughtKrishan Lalit Bansal · Promoters10,000 · ₹21.6 L18 Dec 25
Bulk / block deals
BoughtHRTI PRIVATE LIMITED · NSE4.06 L @ ₹298.6216 Mar 26
SoldHRTI PRIVATE LIMITED · NSE3.82 L @ ₹298.8816 Mar 26
SoldJUNOMONETA FINSOL PRIVATE LIMITED · NSE3.95 L @ ₹314.0911 Mar 26
Stake changes
BoughtShikha Bansal · promoter→ 2.13% · 4,8004 Mar 25
BoughtKrishan Lalit Bansal · promoter→ 50.88% · 18,27128 Feb 25
BoughtKrishan Lalit Bansal · promoter→ 50.88% · 18,27128 Feb 25
What shareholders were asked to approve
1 proposal passed only on promoter votes

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 26 Sep 2025
See the official result
1
To receive, consider and adopt the Audited Standalone and Consolidated Financial Statements of the Company for the Financial Year ended March 31st, 2025 and the Reports of the Board of Directors and Statutory Auditors thereon.
Backed by 95% of shareholders other than promotersneeded 50%
1.11 cr votes for, 5.45 L against · 5% of mutual funds and other big investors said no
2
To appoint a Director in place of Mrs. Shikha Bansal (DIN: 02712175), who retires by rotation, and being eligible, offers herself for re-appointment.
Promoters had a personal stake in this
Backed by 54% of shareholders other than promotersneeded 50%
63.48 L votes for, 53.36 L against · 46% of mutual funds and other big investors said no
3
To appoint a Director in place of Mrs. Shruti Aggarwal (DIN: 08598962), who retires by rotation, and being eligible, offers herself for re-appointment.
Promoters had a personal stake in this
Backed by 100% of shareholders other than promotersneeded 50%
1.17 cr votes for, 742 against · 0% of mutual funds and other big investors said no
4
Ratification of remuneration of Cost Auditors of the Company for the Financial Year 2025-26.
Backed by 100% of shareholders other than promotersneeded 50%
1.17 cr votes for, 643 against · 0% of mutual funds and other big investors said no
6
Re-Appointment of Mrs. Shikha Bansal (DIN: 02712175) as the Whole-Time Director for a term of five (5) years.
⚑ Passed only because promoters voted yesPromoters had a personal stake in this
Backed by 54% of shareholders other than promotersneeded 75%
63.48 L votes for, 53.36 L against · 46% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 27 named members
owning 70.2% between them · as of 2026-07-08
Krishan Lalit Bansal50.82%
DDE Piping Components Private Limited10.87%
Ashima Bansal6.35%
Shikha Bansal2.13%
Anita Ranino shares
Ashima Bansal Family Trustno shares
Atul Krishan Bansal Foundationno shares
Atul Krishan Lalit Bansal HUFno shares

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

Money it raised, and what it did with it

When a company raises money from investors, it has to say up front what the money is for. The rules then make it report, every three months until the money is gone, how much of each of those things it has actually paid for — so a promise made while asking for the money can be checked afterwards.

₹325 cr raised in Jun 2024 by selling shares to the public

The company has not broken this money down into purposes in its filing for Mar 2025, so there is nothing to measure it against yet. CRISIL Ratings Limited watches the spending on the exchange’s behalf.

Every figure above is taken from the statement the company files with the stock exchange each quarter, for as long as money it has raised remains unspent. The only thing we work out is how much of each stated purpose has been paid for — one number divided by another from the same filing. Whether a plan that changed was a good change is not something a filing can tell you. See the filing

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.