DEE Development Engineers August Order Book Update

Date: 10 September 2026

Power Sector: Opening (1 Aug 2026): ₹1,219.86 crore, Order Inflow: ₹7.16 crore, Executed: ₹21.95 crore, Closing (31 Aug 2026): ₹1,205.07 crore
Oil & Gas Sector: Opening: ₹838.78 crore, Order Inflow: ₹54.26 crore, Executed: ₹51.71 crore, Closing: ₹841.32 crore
Others: Opening: ₹14.26 crore, Order Inflow: ₹0.30 crore, Executed: ₹0.56 crore, Closing: ₹14.00 crore

Power Sector: Opening: ₹170.10 crore, Order Inflow: ₹28.40 crore, Executed: ₹0.74 crore, Closing: ₹197.76 crore
Oil & Gas Sector: Opening: ₹0.17 crore, Order Inflow: ₹0.00 crore, Executed: ₹-, Closing: ₹0.17 crore

Power Sector: Opening: ₹181.06 crore, Order Inflow: ₹-1.18 crore, Executed: ₹6.56 crore, Closing: ₹173.32 crore

Others: Opening: ₹4.57 crore, Order Inflow: ₹0.45 crore, Executed: ₹1.05 crore, Closing: ₹3.96 crore

DEE India: Order Inflow: ₹3.34 crore, Executed: ₹3.34 crore
Malwa Power: Power generation unit - Order Inflow: ₹0.23 crore, Executed: ₹0.23 crore; Pellet unit - Order Inflow: ₹1.22 crore, Executed: ₹1.22 crore

Total Opening (1 Aug 2026): ₹2,428.20 crore
Total Order Inflow (Aug 2026): ₹94.18 crore
Total Executed (Aug 2026): ₹87.37 crore
Total Closing (31 Aug 2026): ₹2,435.61 crore
Cumulative Order Inflow FY 2026-27: ₹955.46 crore (including amendments/currency fluctuations), ₹972.62 crore (total)
Cumulative Order Executed FY 2026-27: ₹461.55 crore

Punjab State Electricity Regulatory Commission (PSERC) passed interim order revising tariff to ₹3.50 per unit after PPA expired on 26 April 2025
Company filed review petition for tariff revision
PSERC's final order dated 27 March 2026 fixed FY 2025-26 tariff at ₹5.224/kWh (₹0.97 fixed + ₹4.254 variable) with 5% annual escalation on variable cost
FY 2026-27 tariff shall be ₹5.437 per kWh
Company filed appeal before APTEL, New Delhi challenging PSERC order and praying for increased tariff as per CERC Regulations
Projected revenue for FY27: ~₹47.71 crores (includes ₹23.4 crores from pellet plant)

PSERC revised tariff to ₹5.877 per unit vide order dated 20 August 2025
Company filed appeal before Punjab & Haryana High Court against PSERC order
High Court stayed PSERC order vide order dated 23 October 2025
Company continues to supply electricity to PSPCL at prevailing tariff of ₹7.47 per unit
Any recovery claimed by PSPCL on account of tariff differential withheld until final disposal

Total value of orders executed represents aggregate invoices raised on customers
Revenue recognition under Indian GAAP (Ind AS 115) may differ from invoiced amount due to application of Incoterms and performance obligations
Revenue recognition aligned with transfer of control of goods/services, not merely invoicing milestones
Revenue recognized during reporting period may be lower than total invoiced value