What we do DEE Development Engineers Ltd specializes in engineering and manufacturing process piping solutions for oil & gas, power, and chemical industries with extensive global presence. |
Founded in 1,988 |
Market share India's largest process piping capacity with significant market leadership and growing international footprint. |
Problem solved Addresses complex industrial piping needs through integrated design, fabrication, and turnkey solutions to optimize project execution and efficiency. |
Top clients or who we serve Serves prominent clients in power, oil & gas, nuclear, fertilizers, chemicals sectors globally; B2B focused. |
Key management Krishan Lalit Bansal, Founder & Managing Director; Shruti Aggarwal, Whole-time Director; Shikha Bansal, Whole-time Director; Independent Directors include Ashwani Kumar Prabhakar, Bhisham Kumar Gupta, Shilpi Barar. |
Our journey and innovations Founded in 1988, expanded manufacturing in India & Thailand, pioneered automated welding and induction bending, launched pilot plants and seamless pipe production. |
Where we operate Operations across India (Haryana, Gujarat, Assam, Rajasthan) and Thailand with exports to 27+ countries including USA, Canada, Italy, Japan. |
Top products or what we offer High-pressure piping, pipe spools, induction pipe bends, industrial fittings, pressure vessels, modular skids, wind turbine towers, pilot plants. |
Top brands DEE piping systems - market leader in India with Pan-India presence, recognized for quality and engineering excellence. |
Raw materials needed Carbon steel, stainless steel, super duplex stainless steel, alloy steel, Inconel, Hastelloy, steel plates, flanges, mechanical and electrical internals. |
Raw materials supplier Global steel suppliers and specialized alloy manufacturers; procurement tailored per project requirements. |
Recurring vs cyclical contribution Revenue largely project-based with a balance of recurring client relationships and cyclical infrastructure demand. |
Our industry position Top 5 globally by installed piping capacity; leading process piping solutions provider in India with expanding international reach. |
Financial highlights FY25 consolidated revenue Rs 827 crore; net profit Rs 44 crore; 5% revenue growth over previous year; order book Rs 1302 crore. |
Geographical revenue split Approximately 60% revenue from India and 40% from international markets. |
Order book Strong order book worth Rs 1302 crore providing multi-year revenue visibility. |
Whats driving growth Capex cycle in energy and infrastructure sectors, backend integration, capacity expansions, new manufacturing facilities, and product diversification. |
Our future plans Ramp-up Anjar facility with seamless pipe production, expanding pilot plants business, and enhancing export capabilities. |
Our green promise Operates biomass power plants reducing CO₂ emissions by over 191,000 tons; ISO 14001 certified facilities emphasizing sustainability. |
Our people and values 727 employees with strong training programs, ethical management, and focus on safety and inclusion. |
Key challenges ahead Managing cyclical project demand, labor cost changes, tariff revisions in power division, and global supply chain fluctuations. |
Interesting facts Delivered IPO oversubscribed 100 times, listed in 2024 with 67% premium; one of India’s largest fully automated process piping manufacturers. |
Risks and strategy Mitigates financial and operational risks via strong internal controls, diversified client base, and continuous technological upgrade. |
