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DEE Development Engineers Limited (DEEDEV) AI Stock Analysis
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DEE Development Engineers Limited
(NSE:DEEDEV)
DEE Development Engineers scores low primarily because of weak cash generation — persistently negative free cash flow and negative operating cash flow in the most recent periods — combined with thin net margins and low returns on equity despite impressive revenue scale-up. Technicals compound the caution, with the price trading below its 20-, 50- and 100-day moving averages and a negative MACD signalling a sustained downtrend, though oversold RSI/Stochastic readings suggest scope for a short-term bounce. Valuation at ~45.6x earnings with a negligible dividend yield offers little downside protection given the fundamental profile. Healthy gross margins (~47%) and improved leverage (D/E ~0.54x) are the main offsetting positives.
DEE Development Engineers Limited (DEEDEV) vs. iShares MSCI India ETF (INDA)
- Market Cap
- INR 38.18B
- Dividend Yield
- 0.20%
- Average Volume (3M)
- 20.14K
- Price to Earnings (P/E)
- 44.0
- Beta (1Y)
- 0.68
- Revenue Growth
- 40.01%
- EPS Growth
- 49.33%
- Country
- India
- Employees
- 1,111
- Sector
- General
- Sector Strength
- 55
- Industry
- Manufacturing - Metal Fabrication
DEE Development Engineers Limited Business Overview & Revenue Model
Company Description
Established in 1988 and headquartered in Faridabad, India, DEE Development Engineers Ltd. operates as an international manufacturer specializing in prefabricated engineering solutions, pipe fittings, and intricate piping systems. The company's busine...
DEE Development Engineers Limited Financial Statement Overview
Summary
Financials are mixed-to-weak. Revenue has scaled dramatically in recent years and gross margins are healthy at ~47%, but net margins remain thin (3-5%) and return on equity is persistently low (2-6%). The balance sheet shows improved leverage (D/E down to ~0.54x) yet a very large asset base relative to earnings. The dominant concern is cash flow: free cash flow has been negative in four of five periods, including deeply negative FY2025 operating and free cash flow, implying ongoing reliance on external funding. The apparent sharp revenue contraction in the latest period adds further uncertainty.
Income Statement
52NeutralBalance Sheet
45NeutralCash Flow
25Negative| Breakdown | TTM | Mar 2025 | Jun 2024 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 102.29B | 11.42B | 81.77B | 77.86B | 5.87B | 4.53B |
| Gross Profit | 52.29B | 3.39B | 38.48B | 35.24B | 2.75B | 2.00B |
| EBITDA | 12.29B | 2.06B | 14.16B | 11.84B | 860.34M | 725.87M |
| Net Income | 5.65B | 773.57M | 4.36B | 2.62B | 129.72M | 81.97M |
Balance Sheet | ||||||
| Total Assets | 0 | 19.24B | 159.35B | 120.92B | 9.66B | 8.45B |
| Cash, Cash Equivalents and Short-Term Investments | 475.56M | 843.66M | 562.57M | 252.92M | 18.18M | 3.39M |
| Total Debt | 0 | 7.05B | 43.07B | 46.05B | 3.64B | 2.90B |
| Total Liabilities | -8.01B | 10.33B | 79.29B | 75.80B | 5.43B | 4.33B |
| Stockholders Equity | 8.01B | 8.90B | 80.06B | 45.11B | 4.24B | 4.12B |
Cash Flow | ||||||
| Free Cash Flow | -644.09M | -2.14B | -22.41B | -3.16B | -447.06M | 408.30M |
| Operating Cash Flow | 236.03M | -307.00M | -6.02B | 10.29B | 139.39M | 671.47M |
| Investing Cash Flow | -737.95M | -1.91B | -16.36B | -14.54B | -519.73M | -221.46M |
| Financing Cash Flow | 320.83M | 2.55B | 22.72B | 4.32B | 395.13M | -497.15M |
DEE Development Engineers Limited Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:DEEDEV, the sentiment is Negative. The current price of 507.40 is below the 20-day moving average (MA) of 579.07, below the 50-day MA of 622.12, and above the 200-day MA of 493.37, indicating a neutral trend. The MACD of -31.85 indicates Positive momentum. The RSI at 29.81 is Positive, neither overbought nor oversold. The STOCH value of 22.07 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:DEEDEV.
DEE Development Engineers Limited Peers Comparison
Overall Rating
IN:ROLEXRINGS85Outperform
IN:HAPPYFORGE75Outperform
IN:BALUFORGE66Neutral
IN:MMFL62Neutral
IN:RKFORGE54Neutral- IN:DEEDEV42Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| IN:ROLEXRINGS | 85Outperform | INR 42.71B | 3.94 | ― | ― | 1.82% | -12.22% |
| IN:HAPPYFORGE | 75Outperform | INR 164.81B | 50.35 | ― | 0.23% | 15.53% | 21.46% |
| IN:BALUFORGE | 66Neutral | INR 52.02B | 18.22 | ― | 0.03% | 30.79% | 22.38% |
| IN:MMFL | 62Neutral | INR 23.18B | 20.62 | ― | 0.83% | 9.58% | 2.00% |
| Sector * | 55Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
| IN:RKFORGE | 54Neutral | INR 117.71B | 109.83 | ― | 0.15% | 25.19% | -38.28% |
| IN:DEEDEV | 42Neutral | INR 38.18B | 43.98 | ― | 0.20% | 40.01% | 49.33% |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| IN:DEEDEV | DEE Development Engineers Limited | 507.40 | 249.23 | 96.53% | |
| IN:BALUFORGE | Balu Forge Industries Ltd | 442.30 | -194.61 | -30.56% | |
| IN:HAPPYFORGE | Happy Forging Limited | 1745.80 | 739.09 | 73.42% | |
| IN:MMFL | MM Forgings Limited | 480.10 | 169.66 | 54.65% | |
| IN:RKFORGE | Ramkrishna Forgings Ltd | 646.15 | 104.87 | 19.37% | |
| IN:ROLEXRINGS | Rolex Rings Limited | 162.80 | 40.05 | 32.63% |
DEE Development Engineers Limited Corporate Events
DEE Development Engineers Inks Nuclear Piping Framework Deal with EPC Partner
DEE Development Engineers Limited has signed a framework agreement with a domestic EPC contractor to jointly pursue nuclear power projects in India, covering both public and private sector developments. Under this partnership, the company will focus...
DEE Development Engineers to Host Investor Plant Visit at Anjar Facility
DEE Development Engineers Limited has scheduled an investors and analysts plant visit at its Anjar facility in Gujarat on September 30, 2026, as part of its engagement and transparency efforts with the capital markets. The company has clarified that...
DEE Development Engineers Discloses Promoter Stake Dilution After Preferential Issue
DEE Development Engineers Limited has disclosed a change in promoter shareholding following a recent capital raise, highlighting its compliance with Indian takeover regulations. The Haryana-based engineering company, listed on BSE and NSE, continues...
DEE Development Engineers Promoter Stake Dips After Preferential Allotment
DEE Development Engineers Limited has disclosed a change in promoter shareholding following a recent preferential allotment of 5,976,096 equity shares, which led to a reduction of more than 2% in the post-issue paid-up share capital held by Chairman...
DEE Development Engineers Files Q1 FY27 Earnings Call Transcript
DEE Development Engineers Limited has released the transcript of its Q1 FY27 earnings conference call, held on August 6, 2026, to discuss unaudited financial results for the quarter ended June 30, 2026. The transcript, featuring comments from the pro...
DEE Development Engineers Plans Q1 FY27 Earnings Call for Investors
DEE Development Engineers Limited has scheduled an earnings conference call on August 6, 2026 at 2:00 PM IST to discuss its operational and financial performance for the first quarter of FY27 with investors, analysts and the general public. The call,...
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.
Date of analysis: Oct 20, 2026