Thursday, October 9, 2025

DEE Development Engineers shares gain after commissioning balance part of Anjar facility

Date:

Shares of DEE Development Engineers Ltd. gained over 3% on Monday, September 8, after the company announced it has expanded its manufacturing capacity.In an exchange filing, the company added that it has successfully commissioned the balance of 15,000 metric tons of manufacturing capacity of Process Piping Solutions at its newly developed Anjar Facility.

The Anjar Facility is located at Village Lakhapar, District Kutch, Gujarat, and is operational from today, September 8, 2025.

Total Capacity Rises To 30,000 MTPAThis expansion has taken the total capacity of the Anjar Facility to 30,000 metric tons per annum.

According to the company, its order book now stands at around ₹1,335 crore. This order book is from marquee clients across sectors such as oil & gas, power, chemicals, and process industries.
The company underscored the ‘visibility’ for revenue growth and positions the company on a firm path to deliver enhanced performance.Speaking on the matter, Krishan Lalit Bansal, Chairman & Managing Director of DEE Development Engineers Limited, said, “The successful commissioning of our expanded capacity at Anjar marks a significant milestone in DEE’s growth journey.”

Bansal further added, “The upcoming Seamless Pipe Plant will be another defining step, further strengthening our capabilities and enhancing the value of our product portfolio.”

This comes a week after the company bagged a Letter of Intent (LoI) worth ₹170 crore from an public sector undertaking in the power sector. The order covers the supply of about 1,900 MT of critical piping for two power projects.

Read More: DEE Development shares rise on ₹170 cr LoI from PSU in power sector

When we look at the Q1 results, in the quarter that ended in June, the company’s revenue increased by 21% from last year to ₹223.8 crore. The company had revenue figures of ₹185 crore in the year-ago period.

Shares of DEE Development Engineers Ltd. are trading 3.1% higher at ₹282.6. The stock is down 10% so far in 2025.

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