Shares of DEE Development Engineers Ltd rose 2% to touch a day’s high of Rs 289.80 on 8th September. This occurred after the company announced the expansion of its manufacturing capacity.

In an exchange filing, DEE Development Engineers Ltd said it has commissioned the remaining 15,000 metric tons of manufacturing capacity. This is for Process Piping Solutions at its new Anjar Facility in Kutch, Gujarat. It became operational on 8th September, 2025.

Capacity Expansion

With this addition, the total capacity at the Anjar Facility has risen to 30,000 metric tons per annum. The company’s order book now stands at about Rs 1,335 crore. The clients span across oil & gas, power, chemicals, and process industries.

The company said this expansion provides strong visibility for revenue growth. It also positions it well for improved performance. Chairman & Managing Director Krishan Lalit Bansal called the commissioning a significant milestone in DEE’s growth journey. He highlighted that the upcoming Seamless Pipe Plant will further strengthen its portfolio.

Recent Developments

Just last week, DEE Development Engineers bagged a Letter of Intent (LoI) worth Rs 170 crore from a public sector enterprise in the power sector. The contract is to supply around 1,900 MT of critical piping for two projects.

DEE Development Engineers Q1 Results

In Q1 (ended June 2025), the company’s revenue rose 21% year-over-year to Rs 223.8 crore. This compares to Rs 185 crore in the same quarter last year.

At 2:15 PM, the shares of DEE Development Engineers were trading 1.70% higher at Rs 278.70 on NSE.

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