DEE Development Engineers Limited has informed the Exchange about Commencement of commercial production/operations of its Seamless Pipe Manufacturing plant situated in Anjar, Gujarat
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DEE Development Engineers has started commercial production at its new Seamless Pipe Manufacturing Plant in Anjar, Gujarat on 19 March 2026. The plant has an installed capacity of 7,000 metric tonnes per annum and was built with a total capital expenditure of ₹89.74 crore, mostly on plant and machinery (₹63.37 crore) and building (₹24.82 crore). The company already has a ₹58 crore order in hand for this plant, announced on 27 February 2026. Incremental revenue from seamless pipes and tubes is expected to start flowing in from Q1 FY 2026-27, with progressive improvement in EBITDA margins as capacity utilisation ramps up over the next four quarters. The company has stated there is no immediate material impact on profit after tax expected, since the plant is in its initial ramp-up phase.
Positive medium-term signal — adds 7,000 MT of new capacity and ₹58 crore of confirmed orders provide initial revenue visibility, though near-term profit impact will be limited until the plant scales up. Watch quarterly results for utilisation and margin trends.