DEE Development Engineers June Order Book Update

Order Book Position as of 30th June 2026:

Execution During June 2026:

Segment-wise Order Book Breakdown (₹ crore):

Pipings Division:

DEE India: ₹1,251.42 crore (Power: ₹881.18 crore, Oil & Gas: ₹2.29 crore, Others: ₹184.76 crore)
DEE Thailand: ₹0.84 crore (Power: ₹0.84 crore)

Heavy Fabrication Division (DEE Fabricom India):

Gas Plants Division (Molsieve Designs Ltd):

Power Generation Units:

Additional Order Status:

Company is L1 for orders worth ₹12 crore from reputed clients (not included in above figures)
Formal purchase orders for these expected shortly

Malwa Power Private Limited:

Punjab State Electricity Regulatory Commission (PSERC) passed final order dated 27 March 2026
Tariff rate for FY 2025-26 fixed at ₹5.224/kWh (₹0.97 fixed + ₹4.254 variable)
Annual escalation of 5% on variable cost
FY 2026-27 tariff rate: ₹5.437 per kWh
Company may file appeal before APTEL, New Delhi to challenge PSERC order
Projected revenue for FY27: ~₹47.71 crore (includes ₹23.4 crore from pellet plant)

DEE Development Engineers Limited (Power Division):

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

Total execution value represents aggregate invoices raised, but revenue recognition under Ind AS 115 may differ due to Incoterms and performance obligations
Revenue recognition aligned with transfer of control, not invoicing milestones
Revenue recognized may be lower than total invoiced value for the period
DEE Thailand exchange rates: 1 THB = 2.84472 INR