AnnouncementSep 2026
Sep 2026 · Announcement under Regulation 30 (LODR)-Amendments to Memorandum & Articles of Association 24 Sep - Shareholders approved authorised capital increase from Rs 85 crore to Rs 95 crore on 23 Sept 2026.
Source: Bse
DEE Development Engineers Limited (DEEDEV)
Small CapIndustrials stocks · Small cap · NSE
DEE Development Engineers Limited operates in Process Plant Equipment, within the Industrials sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers.
Data qualityFresh enough for analysisQuote updated 19 Oct, 05:56 pm ISTDetails
Quote19 Oct, 05:56 pm IST
Base fundamentals06 Oct 2026 · screener
Latest result04 Aug, 05:02 pm IST
Score21 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags03 May 2026
Coverage13/14 · 93%
Valuation2026-07-20 · Rf 6.8% · Industrials P/E 26.2 (n=537)
Technical timing lens
Trend score and candlestick chart
51NeutralSMA20 -1.2% / mo · RSI oversold · MACD −
Stock trend: 52
Sector RS: 50
Sector 3M: -6.3% vs Nifty 500 -5.6%
Industrials FPI tailwindNot confirmed
Latest mapped FPI equity flow was not positive. View sector evidence
Technical chart
DEEDEVD candles · FIT view+21.7%Latest close ₹526.10 on 2026-10-19
Bar
-7.6%
RSI
29
MACD hist
-11.34
52W pos
59%
2026-10-19O ₹569.20H ₹569.20L ₹516.10C ₹526.10Vol 5.8L sh
Up bar
Down bar
EMA 20
EMA 50
Volume + 20D avg
Result date
RSI(14)
MACD / signal
Market context
Relative performance and chart statistics
Adjusted completed-session prices, rebased to 100
DEEDEVNifty India ManufacturingNifty 500
- DEEDEV
- -24.3%
- Nifty 500
- -5.6%
- Nifty India Manufacturing
- -5.8%
- Vs Nifty 500
- -18.8 pp
Chart stats
19 Oct 2026- From 52W high
- -30.8%
- 52W range position
- 59%
- ATR (14)
- 6.8%
- Volume vs 20D
- 2.92x
- Avg traded value
- ₹13.1 Cr
- 20D price channel
- ₹516.1 - ₹721.9
₹760
₹183 - ₹760
₹35.8
Latest completed session
20-session average
50.7% annualized volatility
Research snapshot
What the evidence says now
Weak fundamentals, management evidence is still limited to a financial-only Trust Lite signal, price trend is neutral, and recent execution is mixed.
Suggested next step
Research, do not rush
The evidence is not strongly aligned. Compare peers and wait for a cleaner setup.
U-Score
Legacy · WATCHLIST38
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
Latest result
Excellent75
Revenue +31.3% · PAT +23.1% YoY
Technical
Neutral51
Price trend and sector-relative-strength timing.
Valuation
Legacy model-15.5%
Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.
Trust
Limited evidence64
Financial-only signal; management claim evidence is not sufficient yet.
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Latest result
Quarter ended 30 Jun 2026
Excellent · 75/100Rev +31% YoY · PAT +23% YoY · margin expansion
Filed 04 Aug 2026
Open results browser →| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹294 Cr | +31.3% | -18.8% |
| EBITDA | ₹50 Cr | +38.9% | -21.9% |
| Operating margin | 17.0% | +100 bps | -100 bps |
| PAT | ₹16 Cr | +23.1% | -42.9% |
| PAT margin | 5.4% | -36 bps | -229 bps |
NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.
Fundamentals
Valuation
- P/E
- 58.40
- P/B
- 4.94
- EV/EBITDA
- 21.31
- Market Cap
- 4792.00Cr
Profitability
- ROE
- 9.31%
- ROCE
- 10.70%
- ROA
- 5.02%
- Dividend Y
- 0.16%
Growth (CAGR)
- Revenue 5Y
- 18.00%
- EPS 5Y
- 41.00%
- Revenue 3Y
- 24.00%
- EPS 3Y
- 88.00%
Balance Sheet
- Debt/Equity
- 0.87
- Interest Coverage
- 3.31×
- Altman Z
- 6.19
- Book Value
- 129.00
Cash Flow
- FCF Yield
- —
- FCF Positive Y
- 3/5
- OCF
- 20.00 Cr
- EPS TTM
- 11.59
Shareholding
- Promoter Hold
- 65.13%
- Promoter Pledge
- 0.00%
- Momentum 52W
- 79%
Financial History
Updated 19/10/2026
Revenue
₹ CrLatest: 294-18.8% vs prev
Net Profit
₹ CrLatest: 16.0-42.9% vs prev
ROE is shown only in the Annual view — quarterly equity data isn't published.
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Daily technical trend read
Mixed signalsSignals are conflicting — long-term uptrend intact. RSI 29. Wait for confirmation.
- Price above SMA200 (long-term uptrend) but mid-term MAs not aligned.
- SMA20 falling (~1.2% over last month) — short-term momentum negative.
- RSI(14) at 29 — oversold zone; bounce conditions.
- MACD below signal, histogram expanding negatively — bearish momentum building.
- 31% off 52W high · 187% above 52W low.
Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.
Nifty 500 leadership
Relative Strength & Trend Stage
92
RS percentile
Stage 1 Base / Transition
1M return
-21.3%
3M return
-24.3%
6M return
+27.8%
1Y return
+108.1%
RS 1D
-1
RS 20D
-4
Sector rank
#2
Industry rank
#19
Stage evidence
- Price is within 7.9% of the 30-week proxy.
- The 30-week proxy changed +8.9% over 20 sessions.
- The moving-average structure does not confirm Stage 2 or Stage 4.
50-DMA
price below
200-DMA
price above
Sector
leading
Industry
leading
Relative-strength line vs Nifty 500 (base 100)
261 observations
19 Oct 2026Value 203.31-6.84%
RS vs Nifty 500203
Valuation & peers
U-Score 38 · legacy U-Score band WATCHLIST · valuation evidence and comparable companies
Valuation & peers
U-Score 38 · legacy U-Score band WATCHLIST · valuation evidence and comparable companies
WATCHLIST
Fundamental score breakdown
U band · WATCHLISTValuation0/30
Growth23/25
Quality2/20
Balance Sheet5/15
Cash Flow3/10
Piotroski
8/9 (+5)
Penalties
0
Raw sum
38
Why this score?
Top U-Score contributors and drags from the latest stored fundamentals.
38/100 · legacy band WATCHLIST
Positive drivers
- Piotroski is strong at 8/9.
- Growth contributes 23/25 to the score.
- Balance sheet contributes 5/15 to the score.
Main drags
- Fair-value margin of safety is negative at -15.5%.
- Valuation is weaker at 0/30; verify the latest quarterly trend.
- Quality is weaker at 2/20; verify the latest quarterly trend.
Sector valuation model
Blended valuation: PE, EV/EBITDA, FCF yield, and balance-sheet checks
For this sector, IndiaPulse uses a blended lens rather than relying on a single valuation ratio.
Primary lens
PE, EV/EBITDA, margin of safety, and FCF yield together.
Secondary checks
ROE/ROCE, growth, cash conversion, leverage, promoter risk.
Main risk check
One cheap metric is not enough if quality or cash flow is weak.
PE
58.4
PB
4.9
EV/EBITDA
21.3
ROE
9.3%
ROCE
10.7%
FCF Yield
—
Debt/Equity
0.9
MoS
-15.5%
Score movement
Stored run vs live recompute
This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.
Stored run: 21 Oct 2026
v4.3-runtime-valuation
Final score
38
Previous: 38
Legacy U-Score band
WATCHLIST
Previous: WATCHLIST
Margin of safety
-15.5%
Previous: -15.5%
Score history
12 stored score snapshots. Latest stored move: +0 points.
21 Oct 2026
v4.3-runtime-valuation
38
38
38
38
38
38
38
38
38
38
38
38
Factor attribution
No pillar movement versus the latest stored run. Historical score trend will appear after snapshot storage is enabled.
Modelled fair value
Graham Number
₹183.41
-186.8% MoS
Growth-justified P/E
39.3
Growth-justified Value
₹455.49
-15.5% MoS
PEG
0.98
Comparable companies
Peers
Business-comparable peers in Industrials — ranked by industry, sub-sector, theme-tag overlap, market cap, and U-Score similarity. Green cells mark the best available peer metric in this table.
Ticker
Name
Why peer
Score
PE
ROE
MoS
Verdict
WPIL
Small
WPIL Limited
Industrial Machinery
match 61
41
25.7
10.7%
+44%
WATCHLIST
SHANTIGEAR
Small
Shanthi Gears Limited
Industrial Machinery
match 61
45
65.4
19.0%
-61%
WATCHLIST
HARSHA
Small
Harsha Engineers International Limited
Industrial Machinery
match 61
41
27.3
10.5%
+34%
WATCHLIST
RVTH
Small
Revathi Equipment India Limited
Industrial Machinery
match 60
40
14.3
8.6%
+64%
WATCHLIST
JASH
Small
Jash Engineering Limited
Industrial Machinery
match 59
43
40.0
16.0%
+0%
WATCHLIST
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business and thesis
Issuer presentation review pending
DEE Development Engineers Limited operates in Process Plant Equipment, within the Industrials sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers. The structured result feed currently covers the quarter ended 30 Jun 2026. Investor presentations and earnings-call PDFs will be added as issuer-backed evidence before management claims appear here.
Trust Score
64Limited evidence · low confidenceTrust Lite
Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.
Limited evidence: Claim history is still being built. It ranks around the 42nd percentile of the scored universe and 40th percentile within Industrials. Main check: cash conversion is weak at 55/100.
This is a financial-behaviour screen, not a claim-tested management reliability verdict.
Computed 05 Sept 2026
management-trust-v1
46 docs text-extracted · 16 concalls text-extracted
Score band
Limited evidence
Financial behaviour is scored, but management claims do not yet have enough outcome checks.
Relative rank
42nd percentile
overall median 67 · Industrials: 40th pctile, median 68 · Small: 47th pctile, median 66
Evidence depth
Financial-only
46 documents have extracted text, but claim history is not strong enough yet.
Claim delivery
Outcome history still building
0 claims extracted · No contradicted claim yet
How to read this Trust Score
Limited evidence · low confidenceWhat it measures
Reliability of management and financial delivery, using financial behaviour only.
Confidence
Treat this as an early read until more concalls and outcomes are matched.
Investor use
Acceptable, but check the weakest sub-score before increasing exposure.
Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.
Forensic breakdown
Read low sub-scores as due-diligence warnings, not automatic sell signals.
Promoter
68
acceptable · holding, pledge, alignment
Cash flow
55
watch · profit to cash conversion
Balance sheet
73
acceptable · leverage and solvency
Discipline
68
acceptable · capital discipline
Results
57
watch · quarterly consistency
Trust positives
- ▸Promoter holding is 65.1%.
- ▸Promoter pledge is zero.
- ▸4/4 latest quarters had positive YoY revenue growth.
Trust risks
- ▸Promoter holding fell 5.1%.
- ▸OPM spread across recent quarters is 18.5%.
Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.
Continue researching DEE Development Engineers Limited
Important announcements & filings
Latest exchange and company disclosures found within the past two years.
Open source ↗
Announcement
Announcement Under Regulation 30 (LODR) - Pursuant To AGM 24 Sep - Shareholders approved ₹1 final dividend, authorised capital rise to ₹95 crore, and debt-to-equity conversion option.
Source: Bse
Concall transcriptAug 2026
Aug 2026 · Transcript
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 28 Aug - Newspaper Publication of 37th Annual General Meeting
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order 20 Aug - DEE Development Engineers won ₹36 crore pipe shop fabrication order from Reliance Industries, executable in 9 months.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 18 Aug
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 12 Aug
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Allotment 8 Jul - Allotted 59,76,096 shares preferentially at Rs 502 each, raising Rs 300 crore.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Preferential Issue 1 Jul - BSE and NSE granted in-principle approval for 59,76,096 shares at Rs. 502 each on preferential basis.
Source: Bse
Announcement
Announcement Under Regulation 30 - Update On Preferential Issue Of Equity Shares 29 Jun - Clarification on proposed preferential issue of 59,76,096 equity shares; corrigendum made to EOGM notice.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 6 Jun - Newspaper Publication of Notice of 1st EGM of FY 2026-27
Source: Bse
Annual report
Annual Report 2026
Source: Bse
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.