DEE Development starts Q1FY27 with a 16.89% operating margin
Operating profit reached Rs 49.75 cr, while interest and depreciation limited profit before tax to Rs 20.05 cr.
Filed 04 Aug 2026, 11:26 IST · DEE Development Engineers Ltd (DEEDEV)
Key takeaways
- DEE Development Engineers reported consolidated revenue of Rs 294.46 cr and an operating margin of 16.89% in Q1FY27.
- Interest of Rs 17.16 cr and depreciation of Rs 15.01 cr materially reduced the benefit of the Rs 49.75 cr operating profit.
- The company’s 16.89% operating margin was 2.25 percentage points above the 14.64% median for 43 reported Industrials peers.
Price around the results
Q1FY27 operating margin stood above the sector median
DEE Development Engineers reported consolidated revenue of Rs 294.46 cr and operating profit of Rs 49.75 cr for Q1FY27, translating into a 16.89% operating margin. That margin was 2.25 percentage points above the 14.64% median among 43 Industrials peers that had reported the quarter.
Interest and depreciation narrowed the profit conversion
Interest expense of Rs 17.16 cr and depreciation of Rs 15.01 cr were significant deductions from operating profit, leaving profit before tax at Rs 20.05 cr. Other income contributed Rs 2.48 cr, while the reported tax rate was 19.8%, resulting in net profit of Rs 16.08 cr.
No sequential or year-on-year read-through yet
The quarter has no reported sequential or year-on-year comparison in the available results, so the direction of revenue, costs and margins cannot be established from this release. There is also no post-results stock reaction history attached to the quarter.
Q1FY27 at a glance
Consolidated figures as filed with NSE — filed ahead of third-party databases, not yet independently cross-checked.
| Line item | Q1FY27 |
|---|---|
| Revenue | ₹294 cr |
| Other income | ₹2 cr |
| Expenses | ₹245 cr |
| Operating profit | ₹50 cr |
| Operating margin (%) | 16.89% |
| Interest | ₹17 cr |
| Depreciation | ₹15 cr |
| Profit before tax | ₹20 cr |
| Tax | ₹4 cr |
| Net profit | ₹16 cr |
| EPS (₹) | ₹2.33 |
Operating margin of 16.89% compares with a Industrials sector median of 14.64% across 43 peers that have reported Q1FY27.
What to watch
- Whether consolidated operating margin holds above 16.89% in the next reported quarter.
- Whether interest expense remains below the Rs 49.75 cr operating profit.
- Whether other income stays near Rs 2.48 cr without becoming a larger contributor to profit before tax.