DEEDEV share price, P/E, ROE & financials

As of 6 Nov 2026, DEE Development Engineers trades at 47.0× trailing earnings, above the industry P/E of 25.1×, and the shares are 29% below their 52-week high. Sales and net profit grew 25% and 81% a year over 3 years, with ROCE of 14% and ROE of 9.1%. Debt is 0.87× equity, and its dividend yield is 0.2%. It is a small-cap company with a market cap of ₹4,084 Cr, ranked 14th of 71 Metal Fabrication companies by market cap; the shares rose 145% over the past year.

As of 6 Nov 2026Prices are delayed about 15 minutes; fundamentals are from the quarter ended Jun 2026.How we calculate this

past year

Open: ₹600.05
Day high: ₹614.20
Day low: ₹542.75
Prev. close: ₹603.05
Volume: 5.3 L

Health check

2 good · 2 fair · 2 to check

ReturnsAhead
+144.8% over a year, better than 7 of 7 peers.
Price tagPricier
P/E 47.0 vs industry 25.1.
GrowthStrong
Sales +24.5%, profit +81.2% a year over 3 years.
ProfitabilityAverage
ROCE 13.8% vs peer median 15.6%.
Balance sheetFair
Debt 0.87× equity, interest covered 3.0×, Piotroski 4 of 9.
Red flags2 to check
P/E of 47.0 against an industry P/E of 25.1.

Compared with 7 industry peers. Computed from reported figures. Educational, not a recommendation.

Metal Fabrication

70 listed peers. Screen the industry

Small cap

₹4,084 Cr, #14 of 71 in its industry by size.

High beta

Beta 1.81 vs the NIFTY 50: swings more than the market.

Key metrics

Last 12 months to Jun 2026: sales ₹1,213 Cr · profit ₹80 Cr

Market cap: ₹4,084 Cr; Small cap
P/E: 47.0; Industry 25.1
Price to book: 4.27; Peers 7.00
Dividend yield: 0.18%
ROE: 9.1%; Peers 8.6%
ROCE: 13.8%; Peers 15.6%
Debt to equity: 0.87; Debt ₹771 Cr
EPS (TTM): ₹11.54; Face value ₹10
OPM (TTM): 16.9%; Net margin 6.6%
Sales growth: +31.6%; Latest quarter vs a year ago
Profit growth: +22.3%; Latest quarter vs a year ago
Price to sales: 3.37; EV/EBITDA 21.9

Strengths

Quarterly profit up 22.3% on a year ago.
Quarterly sales up 31.6% on a year ago.

Risks to check

P/E of 47.0 against an industry P/E of 25.1.
Promoter stake down from 70.2% to 65.1%.

Derived automatically from reported figures. Not a recommendation.

About DEE Development Engineers

DEE Development Engineers Limited manufactures and sells prefabricated engineering products, pipe fittings, and piping systems in India and internationally. It operates in three segments: Piping, Power, and Heavy Fabrication. The company offers pressure piping systems, piping spools, induction pipe bends, longitudinally submerged arc welding pipes, industrial pipe fittings, pressure vessels, industrial stacks, and modular skids, as well as boiler…

Headquarters: Faridabad
Employees: 1,111
Sector: Industrials
ISIN: INE841L01016
Website: deepiping.com

Price range

52 weeks

₹183.00₹760.00

Today

₹542.75₹614.20

Avg volume (3M): 2.5 L
1-year return: plus 144.8%
From 52-week high: minus 28.6%

Peers · Metal Fabrication

Compare with peers Screen the whole industry

Company
BHARATFORGBharat Forge	1,740.00	minus 0.74%	85,029	121.8	7.23	15.6%	6.7%	14.7%	9.7%	26.9%	0.49%	plus 32.3%
INDOMIMINDO-MIM	1,219.50	minus 3.93%	60,302	101.1	20.94	22.8%	21.3%	28.6%	15.8%	4.9%	0.00%	plus 64.4%
PTCILPTC Industries	24,335.00	plus 0.04%	38,564	290.6	23.73	7.9%	8.6%	24.6%	40.7%	57.8%	0.00%	plus 41.4%
ZETWERKZetwerk Manufacturing Businesses	164.89	minus 1.10%	27,937	–	−2.47	−13.0%	−36.0%	0.1%	56.9%	–	0.00%	plus 19.3%
HAPPYFORGEHappy Forgings	1,694.50	minus 10.00%	15,996	49.0	7.00	18.9%	15.2%	30.6%	9.8%	13.1%	0.24%	plus 85.8%
RKFORGERamkrishna Forgings	693.85	minus 4.25%	13,087	68.4	3.51	4.7%	5.6%	17.1%	10.5%	−33.9%	0.58%	plus 35.6%
GRAVITAGravita India	1,493.90	minus 0.07%	10,883	27.3	4.11	18.1%	16.2%	9.3%	14.9%	23.5%	0.52%	minus 15.4%
DEEDEVDEE Development Engineers	542.80	minus 9.99%	4,084	47.0	4.27	13.8%	9.1%	16.9%	24.5%	81.2%	0.18%	plus 144.8%
Median of 7 peers	–	−1.10%	27,937	84.7	7.00	15.6%	8.6%	17.1%	14.9%	18.3%	0.24%	35.6%

Quarterly results

Consolidated, ₹ crore

SalesSelect a row below to chart it

Jun 25	Sep 25	Dec 25	Mar 26	Jun 26
224	270	287	362	294
188	226	239	298	245
35.9	44.1	47.6	63.6	49.7
16.0%	16.3%	16.6%	17.6%	16.9%
4.1	5.2	5.6	1.7	2.5
11.5	13.7	15.1	15.9	17.2
12.7	13.2	13.7	13.9	15
–	–	−4.2	2.3	–
15.8	22.3	20.3	37.9	20.1
16.7%	20.3%	8.4%	26.9%	19.8%
13.2	17.9	18.3	28	16.1
1.90	2.56	2.67	3.99	2.32

Profit & loss

Yearly, ₹ crore

Sales CAGR 3Y: +24.5%
Profit CAGR 3Y: +81.2%
EPS CAGR 3Y: +81.0%
ROE: 9.1%

Net profitSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
587	779	818	1,133
–	+32.7%	+5.0%	+38.6%
512	663	688	937
75	116	129	196
12.8%	14.8%	15.8%	17.3%
10.4	2.4	12.7	5.1
27.9	37.8	36.9	49.3
37.7	45.1	49.4	53.5
0.6	0.5	−0.5	−2.5
20.4	35.5	55.4	96.2
36.3%	26.2%	21.2%	19.8%
13	26.2	43.6	77.2
–	+102.0%	+66.5%	+76.9%
1.88	3.80	6.65	11.14

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore

Total assetsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
10.6	53	69.1	69.3
413	398	732	821
364	460	431	705
179	298	362	328
966	1,209	1,593	1,924
387	487	606	738
12	78.8	189	95.6
–	–	5.7	7.2
1.8	2.5	5.9	39.3
565	641	787	1,044
966	1,209	1,593	1,924

Cash flow

Yearly, ₹ crore

Cash from operationsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
13.9	103	−118	19.5
−52	−145	−164	−187
39.5	43.2	285	201
1.5	0.7	3.4	33.4
−58.6	−134	−164	−190
−44.7	−31.6	−282	−170

Shareholding pattern

Source: NSE filings

65.1%

promoters

Promoters65.13%
Public34.87%
As of 30 Sep 2026

Quarter	Promoters	Public	Promoter change
30 Sep 2026	65.13%	34.87%	minus 5.05
8 Jul 2026	70.18%	29.82%	0.00
30 Jun 2026	70.18%	29.82%	0.00
31 Mar 2026	70.18%	29.82%	0.00
31 Dec 2025	70.18%	29.82%	–

Major shareholders

NSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you