DEE Development

  • Market Cap: Small Cap
  • Industry: Industrial Manufacturing
  • ISIN: INE841L01016
  • NSEID: DEEDEV
  • BSEID: 544198
INR
303.20
5.7 (1.92%)
BSENSE

Mar 16

BSE+NSE Vol: 9.49 lacs

  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

52 Week

Valuation
Technical
Day's Volume

CASH

9.49 lacs (24.11%) Volume

Shareholding (Dec 2025)

FII

0.78%

Held by 5 FIIs

DII

0.74%

Held by 15 DIIs

Promoter

70.18%

Who are the top shareholders of the DEE Development?

06-Jun-2025

The top shareholders of DEE Development include Krishan Lalit Bansal, who holds 50.88%, and mutual funds with a combined 16.74%, led by Kotak Elss Tax Saver Fund at 6.94%. Individual investors own 10.64%, while Foreign Institutional Investors hold 0.65%.

The top shareholders of DEE Development include the promoters, who hold a significant majority of the shares. The promoter with the highest holding is Krishan Lalit Bansal, owning 50.88% of the company. Additionally, mutual funds hold 16.74% of the shares through five different schemes, with the highest public shareholder being Kotak Elss Tax Saver Fund at 6.94%. Foreign Institutional Investors (FIIs) hold a smaller portion, accounting for 0.65%, while individual investors collectively hold 10.64% of the shares.

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how big is DEE Development?

06-Jun-2025

As of October 2023, DEE Development Engineers Ltd has a market capitalization of 1,902.00 Cr and reported net sales of 827.36 Cr and net profit of 43.63 Cr over the latest four quarters. Shareholder's funds are 451.12 Cr, with total assets of 1,207.54 Cr as of March 2024.

Market Cap: DEE Development Engineers Ltd has a market capitalization of 1,902.00 Cr and is classified as a Small Cap company.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters, which includes data from March 2025, December 2024, September 2024, and June 2024, is 827.36 Cr. The sum of Net Profit for the same period is 43.63 Cr. This data is Consolidated.<BR><BR>Balance Sheet Snapshot: This is Consolidated data for the latest annual period ending March 2024. Shareholder's Funds are reported at 451.12 Cr, and Total Assets amount to 1,207.54 Cr.

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Has DEE Development declared dividend?

06-Jun-2025

No Dividend History Available

Who are the peers of the DEE Development?

16-Jul-2025

DEE Development's peers include Indian Hume Pipe, HMT, Rajoo Engineers, Hind Rectifiers, Disa India, JNK, Everest Kanto, Aimtron, and Vinyas Innovativ. In terms of management risk, DEE Development has a good rating, while its 1-year return is -16.97%, better than HMT's -33.00% but lower than Hind Rectifiers' 78.82%.

Peers: The peers of DEE Development are Indian Hume Pipe, HMT, Rajoo Engineers, Hind Rectifiers, Disa India, JNK, Everest Kanto, Aimtron, and Vinyas Innovativ.<BR><BR>Quality Snapshot: Excellent management risk is observed at JNK and Disa India, while Good management risk is found at DEE Development. Average management risk is present in Rajoo Engineers, Hind Rectifiers, Everest Kanto, Aimtron, and Vinyas Innovativ, and Below Average management risk is noted at Indian Hume Pipe. HMT does not qualify for management risk assessment. For Growth, Excellent growth is seen at Rajoo Engineers and Aimtron, while Good growth is noted at DEE Development and JNK. Average growth is found at Everest Kanto, while Below Average growth is observed at Indian Hume Pipe, Hind Rectifiers, Disa India, and the rest. In terms of Capital Structure, Excellent capital structure is present at Rajoo Engineers, Disa India, and JNK, while Below Average capital structure is noted at DEE Development and Vinyas Innovativ, with Average capital structure at Hind Rectifiers and Everest Kanto.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Hind Rectifiers at 78.82%, while the lowest is HMT at -33.00%. DEE Development's 1-year return is -16.97%, which is higher than HMT's but lower than Hind Rectifiers'. Additionally, JNK and Rajoo Engineers have negative six-month returns.

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What does DEE Development do?

17-Jul-2025

DEE Development Engineers Ltd is a small-cap industrial manufacturing company, reporting net sales of 2,864 Cr and a net profit of 315 Cr for the quarter ending March 2025. Key financial metrics include a P/E ratio of 49.00 and a market cap of INR 2,104 Cr.

Overview:<BR>DEE Development Engineers Ltd operates in the industrial manufacturing sector and is categorized as a small-cap company.<BR><BR>History:<BR>The company was originally incorporated as "DE Development Engineers Private Limited" in 1988 and later changed its name to "DEE Development Engineers Private Limited" in 1998. The latest quarterly results report net sales and profit for the period ending March 2025.<BR><BR>Financial Snapshot:<BR>- Most recent Net Sales: 2,864 Cr (Quarterly Results - Mar 2025)<BR>- Most recent Net Profit: 315 Cr (Quarterly Results - Mar 2025)<BR>- Market-cap value: INR 2,104 Cr (Small Cap)<BR><BR>Key Metrics:<BR>- P/E: 49.00<BR>- Industry P/E: 38<BR>- Dividend Yield: 0.00%<BR>- Debt Equity: 0.48<BR>- Return on Equity: 5.45%<BR>- Price to Book: 2.61<BR><BR>Contact Details:<BR>Registrar Address: Not available.

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Is DEE Development overvalued or undervalued?

10-Nov-2025

As of November 7, 2025, DEE Development is considered overvalued with a valuation grade of "attractive," a PE ratio of 32.71, and a year-to-date return of -23.93%, lagging behind the Sensex's 6.50%.

As of 7 November 2025, DEE Development's valuation grade has moved from very attractive to attractive, indicating a shift in market perception. The company is currently considered overvalued. Key ratios include a PE ratio of 32.71, an EV to EBITDA of 35.96, and a Price to Book Value of 0.19, which suggests that while the company has a low book value relative to its price, its earnings multiples are relatively high.<BR><BR>In comparison to peers, DEE Development's PE ratio is lower than Thermax's 56.7 and BEML Ltd's 56.53, both of which are categorized as expensive. However, it is higher than Action Construction Equipment's PE of 29.13, which is also considered expensive. The company's recent stock performance has lagged behind the Sensex, with a year-to-date return of -23.93% compared to the Sensex's 6.50%, further reinforcing the notion that DEE Development may be overvalued in the current market context.

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Is DEE Development technically bullish or bearish?

24-Nov-2025

As of November 21, 2025, the technical trend has shifted to a moderate bearish stance, supported by bearish MACD, Bollinger Bands, daily moving averages, and underperformance against the Sensex.

As of 21 November 2025, the technical trend has changed from mildly bearish to bearish. The current stance is bearish with a moderate strength. Key indicators driving this conclusion include the bearish MACD on the weekly chart, bearish signals from Bollinger Bands, and daily moving averages also indicating bearish momentum. Additionally, the KST is bearish on the weekly timeframe, while Dow Theory reflects a mildly bearish outlook on both weekly and monthly scales. The stock has underperformed significantly compared to the Sensex over multiple timeframes, further supporting the bearish sentiment.

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How has been the historical performance of DEE Development?

24-Nov-2025

DEE Development has shown strong growth over the past three years, with net sales increasing from 595.50 Cr in Mar'23 to 827.36 Cr in Mar'25, and profit after tax rising from 12.97 Cr to 43.63 Cr. The company's total assets also grew significantly, from 963.06 Cr to 1,593.50 Cr, indicating a robust financial position.

Answer:<BR>The historical performance of DEE Development shows a consistent growth trend in net sales and profits over the past three years, with net sales increasing from 595.50 Cr in Mar'23 to 827.36 Cr in Mar'25. The total operating income followed a similar trajectory, rising from 595.50 Cr in Mar'23 to 827.36 Cr in Mar'25. Operating profit (PBDIT) also improved significantly, reaching 144.66 Cr in Mar'25, up from 88.00 Cr in Mar'23. Profit before tax increased from 20.37 Cr in Mar'23 to 55.35 Cr in Mar'25, while profit after tax rose from 12.97 Cr to 43.63 Cr during the same period. The company's earnings per share (EPS) increased from 12.22 in Mar'23 to 6.32 in Mar'25, reflecting strong profitability growth. <BR><BR>In terms of financial position, total assets grew from 963.06 Cr in Mar'23 to 1,593.50 Cr in Mar'25, driven by increases in inventories and shareholder's funds. Total liabilities also rose, from 963.06 Cr to 1,593.50 Cr, with total debt decreasing slightly from 438.35 Cr in Mar'24 to 409.00 Cr in Mar'25. The cash flow analysis indicates a net cash inflow of 3.00 Cr in Mar'25, a notable improvement from previous years, with cash flow from financing activities significantly contributing to this positive change. Overall, DEE Development has demonstrated robust growth in sales and profitability, alongside a strengthening balance sheet over the past three years.<BR><BR>Breakdown:<BR>DEE Development's financial performance has shown a strong upward trend, with net sales climbing from 595.50 Cr in Mar'23 to 827.36 Cr in Mar'25, indicating a healthy growth trajectory. The total operating income mirrored this growth, reaching 827.36 Cr in Mar'25. Operating profit (PBDIT) also saw substantial improvement, increasing from 88.00 Cr in Mar'23 to 144.66 Cr in Mar'25. Profit before tax rose significantly from 20.37 Cr to 55.35 Cr, while profit after tax surged from 12.97 Cr to 43.63 Cr, showcasing enhanced profitability. The earnings per share (EPS) reflected this growth, increasing from 12.22 to 6.32. On the balance sheet, total assets expanded from 963.06 Cr to 1,593.50 Cr, driven by increases in inventories and shareholder's funds, while total liabilities rose correspondingly. Despite a slight decrease in total debt, the company reported a net cash inflow of 3.00 Cr in Mar'25, marking a positive shift in cash flow dynamics. Overall, DEE Development has exhibited robust growth in revenue and profitability, alongside a strengthening financial position.

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When is the next results date for DEE Development Engineers Ltd?

28-Jan-2026

The next results date for DEE Development Engineers Ltd is 03 February 2026.

The next results date for DEE Development Engineers Ltd is scheduled for 03 February 2026.

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Are DEE Development Engineers Ltd latest results good or bad?

03-Feb-2026

DEE Development Engineers Ltd's latest results show strong revenue growth of 39.16% year-on-year, but a significant decline in net profit by 19.77% raises concerns about profitability and financial health, suggesting mixed signals for investors. Caution is advised due to ongoing operational challenges and low return on equity.

DEE Development Engineers Ltd's latest results present a mixed picture. On one hand, the company reported a significant revenue increase of 39.16% year-on-year, reaching ₹270.00 crores in Q2 FY26, and a 20.66% increase quarter-on-quarter. This indicates strong top-line growth. However, the net profit of ₹17.86 crores reflects a decline of 19.77% year-on-year, although it did show a 35.30% improvement compared to the previous quarter.<BR><BR>The operating margin has improved slightly to 16.32%, but this is still below the levels needed to ensure sustainable profitability. Additionally, the return on equity stands at a low 5.88%, which is below industry standards, raising concerns about the company's ability to generate adequate returns for shareholders.<BR><BR>Moreover, the company is facing challenges with rising interest costs and negative operating cash flows, which have deteriorated significantly over the past year. This financial strain, combined with the stock's performance—trading 37.44% below its 52-week high—suggests that investor confidence is waning.<BR><BR>Overall, while DEE Development Engineers has shown impressive revenue growth, the decline in net profit and ongoing operational challenges indicate that the results may not be viewed positively by investors. Caution is warranted given the mixed signals regarding profitability and financial health.

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Should I buy, sell or hold DEE Development Engineers Ltd?

03-Mar-2026

Why is DEE Development Engineers Ltd falling/rising?

14-Mar-2026

As of 13-Mar, DEE Development Engineers Ltd's stock price has declined to 296.45, down 4.28%, due to underperformance in its sector, decreased investor participation, and concerns over management efficiency and debt levels. Despite a strong annual return, current market sentiment is negative.

As of 13-Mar, DEE Development Engineers Ltd is experiencing a decline in its stock price, currently at 296.45, which reflects a change of -13.25 (-4.28%). This drop can be attributed to several factors. Firstly, the stock has underperformed its sector by -2.32% today and has been on a consecutive fall for the last two days, resulting in a total decline of -4.72% during this period. Additionally, the stock touched an intraday low of Rs 294.35, indicating significant selling pressure.<BR><BR>Investor participation has also decreased, with delivery volume on 12 March falling by -48.19% compared to the 5-day average, suggesting reduced interest from investors. Although the stock has shown strong performance over longer periods, such as a 29.45% return over the last year, the current market sentiment appears to be negative, compounded by poor management efficiency indicated by a low Return on Capital Employed (ROCE) of 7.46% and a high Debt to EBITDA ratio of 3.28 times. These financial metrics highlight concerns regarding the company's profitability and ability to service its debt, which may be contributing to the stock's decline.

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Why is DEE Development Engineers Ltd falling/rising?

15-Mar-2026

As of 14-Mar, DEE Development Engineers Ltd's stock price has declined to 296.45, down 4.28%, due to underperformance in its sector, significant selling pressure, and reduced investor participation. Concerns over management efficiency and high debt levels further contribute to the bearish sentiment among investors.

As of 14-Mar, DEE Development Engineers Ltd is experiencing a decline in its stock price, currently at 296.45, which reflects a change of -13.25 (-4.28%). This decrease can be attributed to several factors highlighted in the source data. <BR><BR>Firstly, the stock has underperformed its sector by -2.32% today and has been on a consecutive downward trend for the last two days, with a total drop of -4.72% during this period. Additionally, the stock reached an intraday low of Rs 294.35, indicating significant selling pressure. The weighted average price suggests that more volume was traded closer to this low price, further emphasizing the bearish sentiment among investors.<BR><BR>Moreover, there has been a notable decline in investor participation, with delivery volume dropping by -48.19% compared to the 5-day average. This reduction in trading activity may signal a lack of confidence among investors, contributing to the stock's fall.<BR><BR>Despite the company's healthy long-term growth, with an annual operating profit increase of 53.79% and positive results over the last four quarters, concerns regarding management efficiency and debt servicing capabilities are weighing on investor sentiment. The company has a low Return on Capital Employed (ROCE) of 7.46% and a high Debt to EBITDA ratio of 3.28 times, indicating challenges in profitability and debt management. Furthermore, institutional investors have reduced their stake by -1.76% in the previous quarter, reflecting a cautious outlook from more sophisticated market participants.<BR><BR>In summary, the combination of recent price declines, reduced trading volume, and concerns over financial metrics has led to the current downward movement in DEE Development Engineers Ltd's stock price.

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Why is DEE Development Engineers Ltd falling/rising?

16-Mar-2026

As of 15-Mar, DEE Development Engineers Ltd's stock price is declining, currently at 296.45, reflecting a 4.28% decrease. This trend is accompanied by reduced investor participation and concerns over management efficiency and debt servicing capabilities.

As of 15-Mar, DEE Development Engineers Ltd's stock price is falling, currently at 296.45, which reflects a decrease of 13.25 or 4.28%. This decline is part of a broader trend, as the stock has been losing for the last two days, resulting in a total drop of 4.72% during this period. Additionally, the stock underperformed its sector by 2.32% today.<BR><BR>Investor participation appears to be declining, with delivery volume on March 12 falling by 48.19% compared to the five-day average, indicating reduced interest from investors. Furthermore, the stock touched an intraday low of Rs 294.35, which represents a 4.96% decrease from its previous price.<BR><BR>Despite some positive long-term growth indicators, such as a healthy annual operating profit growth rate of 53.79% and positive results over the last four quarters, the stock faces significant challenges. The company's management efficiency is low, as evidenced by a Return on Capital Employed (ROCE) of only 7.46%, and a high Debt to EBITDA ratio of 3.28 times suggests a low ability to service its debt. Additionally, institutional investors have decreased their stake by 1.76% in the previous quarter, which may contribute to the stock's downward pressure.<BR><BR>Overall, the combination of recent price declines, falling investor participation, and concerns regarding management efficiency and debt servicing capabilities are contributing to the current fall in DEE Development Engineers Ltd's stock price.

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iScoreScore
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Strong Sell
Sell
Hold
Buy
Strong Buy

Dashboard

1

Poor Management Efficiency with a low ROCE of 7.46%

  • The company has been able to generate a Return on Capital Employed (avg) of 7.46% signifying low profitability per unit of total capital (equity and debt)
2

Low ability to service debt as the company has a high Debt to EBITDA ratio of 3.28 times

3

With ROCE of 7.5, it has a Expensive valuation with a 1.9 Enterprise value to Capital Employed

4

Falling Participation by Institutional Investors

stock-summaryMojo Parameters

Mojo Parameters

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Stock DNA

stock-summary
Industry

Industrial Manufacturing

stock-summary
Market cap

INR 2,100 Cr (Small Cap)

stock-summary
P/E

24.00

stock-summary
Industry P/E

31

stock-summary
Dividend Yield

0.00%

stock-summary
Debt Equity

0.58

stock-summary
Return on Equity

5.88%

stock-summary
Price to Book

2.45

Revenue and Profits:
Net Sales:
287 Cr
(Quarterly Results - Dec 2025)
Net Profit:
18 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (0%)
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
35.72%
0%
35.72%
6 Months
0.97%
0%
0.97%
1 Year
32.4%
0%
32.4%
2 Years
0%
0%
0.0%
3 Years
0%
0%
0.0%
4 Years
0%
0%
0.0%
5 Years
0%
0%
0.0%

DEE Development for the last several years.

Risk Adjusted Returns v/s stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryNews & Corporate Actions

News

DEE Development Engineers Ltd Gains 6.82%: 3 Key Factors Driving the Week

Announcements stock-summary

Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

12-Mar-2026 | Source : BSE

Intimation of schedule of Investors/ Analysts Plant Visit

Updates On Order Book Of The Company For The Month Of February 2026

09-Mar-2026 | Source : BSE

Update on Order Book of the Company for the month of February 2026

Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

05-Mar-2026 | Source : BSE

Intimation regarding Analyst/investor meet to be held on 10th March 2026.

Corporate Actions stock-summary

stock-summary
BOARD MEETING

No Upcoming Board Meetings

stock-summary
DIVIDEND

No Dividend history available

stock-summary
SPLITS

No Splits history available

stock-summary
BONUS

No Bonus history available

stock-summary
RIGHTS

No Rights history available

stock-summaryKey Factors

Quality key factors stock-summary

Factor
Value
Sales Growth (5y)
17.90%
EBIT Growth (5y)
53.79%
EBIT to Interest (avg)
1.71
Debt to EBITDA (avg)
4.08
Net Debt to Equity (avg)
0.58
Sales to Capital Employed (avg)
0.70
Tax Ratio
19.55%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
15.64%
ROCE (avg)
5.94%
ROE (avg)
5.88%

Valuation key factors

Factor
Value
P/E Ratio
24
Industry P/E
31
Price to Book Value
2.45
EV to EBIT
18.23
EV to EBITDA
13.31
EV to Capital Employed
1.92
EV to Sales
2.38
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
7.46%
ROE (Latest)
5.88%

Technicals key factors

Indicator
Weekly
Monthly
MACD
Bullish
RSI
Bearish
No Signal
Bollinger Bands
Bullish
Bullish
Moving Averages
Mildly Bearish (Daily)
KST
Mildly Bullish
Dow Theory
Mildly Bullish
Mildly Bullish
OBV
Mildly Bearish
No Trend
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Dec 2025stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Promoters

Pledged Promoter Holdings

None

Mutual Funds

Held by 4 Schemes (14.13%)

FIIs

Held by 5 FIIs (0.78%)

Promoter with highest holding

Krishan Lalit Bansal (50.82%)

Highest Public shareholder

Kotak Elss Tax Saver Fund (6.68%)

Individual Investors Holdings

12.85%

stock-summaryFinancial
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    "link": "half-yearly",
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    "alert": "No Nine Monthly Results declared by DEE Development"
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Quarterly Results Snapshot (Consolidated) - Dec'25 - QoQstock-summary

Dec'25
Sep'25
Change(%)
Net Sales
286.67
270.00
6.17%
Operating Profit (PBDIT) excl Other Income
47.64
44.06
8.13%
Interest
15.08
13.73
9.83%
Exceptional Items
-4.22
0.00
Consolidate Net Profit
18.28
17.86
2.35%
Operating Profit Margin (Excl OI)
16.62%
16.32%
0.30%
Values in Rs Cr.
Direction Arrows
Net Sales

QoQ Growth in quarter ended Dec 2025 is 6.17% vs 20.66% in Sep 2025

Direction Arrows
Consolidated Net Profit

QoQ Growth in quarter ended Dec 2025 is 2.35% vs 35.30% in Sep 2025

stock-summaryCompany CV
About DEE Development Engineers Ltd stock-summary
stock-summary
DEE Development Engineers Ltd
Small Cap
Industrial Manufacturing
Dee Development Engineers Ltd was originally incorporated as "DE Development Engineers Private Limited" a Private Limited Company through a Certificate of Incorporation dated March 21, 1988, issued by the RoC. Thereafter, the name of Company was changed to "DEE Development Engineers Private Limited" dated January 8, 1998 issued by the RoC to reflect the change in name.
Company Coordinates stock-summary
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No Company Details Available