Order Book Details (1st September 2026 to 30th September 2026)

Pipings Division - DEE India

  • Sectors: Power, Oil & Gas, Others*
  • Opening Order Book (1st September 2026): ₹1,205.07 crore
  • Additions (Amendments/Currency Fluctuations): ₹125.02 crore
  • Executed during September 2026: ₹42.19 crore
  • Closing Order Book (30th September 2026): ₹1,287.90 crore

Pipings Division - DEE Thailand

  • Sector: Oil & Gas
  • Opening Order Book: ₹0.17 crore
  • Additions: ₹0.00 crore
  • Executed: Not applicable (-)
  • Closing Order Book: ₹0.17 crore
  • Exchange Rate: 1 THB = 2.8562 INR

Heavy Fabrication Division - Fabricom India

  • Sector: Power
  • Opening Order Book: ₹173.32 crore
  • Additions: Not applicable (-)
  • Executed: ₹5.48 crore
  • Closing Order Book: ₹167.85 crore

Gas Plants Division - Molsieve Designs Ltd

  • Sector: Others*
  • Opening Order Book: ₹3.96 crore
  • Additions: ₹0.35 crore
  • Executed: ₹0.23 crore
  • Closing Order Book: ₹4.09 crore

Power Division - DEE India

  • Sector: Power
  • Opening Order Book: Not applicable (-)
  • Additions: ₹2.72 crore
  • Executed: ₹2.72 crore
  • Closing Order Book: Not applicable (-)

Power Division - Malwa Power

  • Power Generation Unit:
  • Opening Order Book: Not applicable (-)
  • Additions: ₹0.19 crore
  • Executed: ₹0.19 crore
  • Closing Order Book: Not applicable (-)
  • Pellet Unit:
  • Opening Order Book: Not applicable (-)
  • Additions: ₹1.42 crore
  • Executed: ₹1.42 crore
  • Closing Order Book: Not applicable (-)

Consolidated Summary

  • Total Opening Order Book: ₹2,435.61 crore
  • Total Additions: ₹225.17 crore
  • Total Executed: ₹129.74 crore
  • Total Closing Order Book: ₹2,531.04 crore

Regulatory and Legal Proceedings

Malwa Power Private Limited Tariff Dispute

  • Punjab State Electricity Regulatory Commission (PSERC) passed interim order revising tariff to ₹3.50 per unit after PPA expiration 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)
  • Annual escalation of 5% on variable cost mandated
  • FY 2026-27 tariff rate: ₹5.437 per kWh
  • Company filed appeal before APTEL, New Delhi challenging PSERC order
  • Appeal seeks increased tariff as per CERC Regulations
  • Projected FY27 revenue if successful: ~₹47.71 crore (includes ₹23.4 crore from pellet plant)

DEE Development Engineers Power Division Tariff Dispute

  • PSERC revised tariff to ₹5.877 per unit vide order dated 20 August 2025
  • Company filed appeal before Punjab & Haryana High Court
  • High Court order dated 23 October 2025 stayed PSERC's order
  • Current status: Company continues supplying electricity to PSPCL at prevailing tariff of ₹7.47 per unit
  • Any recovery claimed by PSPCL for tariff differential withheld until final disposal by High Court

Accounting Treatment Clarification

  • Total value of orders executed represents aggregate invoices raised on customers
  • Revenue recognition follows Indian GAAP (Ind AS 115 - Revenue from Contracts with Customers)
  • Revenue may differ from invoiced amount due to application of various 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

Additional Information

  • Information available on company website: www.deepiping.com
  • Filed by Ranjan Kumar Sarangi, Company Secretary and Compliance Officer
  • Membership No.: F8604
  • Company Registered Office: Unit 1, Prithla-Tatarpur Road, Village Tatarpur, Dist. Palwal, Haryana-121102, India
  • GST Registration No.: 06AACCD0207H1ZA