DEE Development Engineers Limited has informed the Exchange about Bagging of Order of INR 386.86 Crores (Including GST) from Bharat Petroleum Corporation Ltd.
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Dee Development Engineers Ltd has secured a purchase order worth INR 386.86 Crores (including GST) from Bharat Petroleum Corporation Ltd (BPCL). The order is for manufacturing and supply of piping components. The delivery is scheduled to be completed by 18 February 2028. This is a domestic order awarded to the company and its material subsidiary. The company has confirmed that there is no related party transaction involved and no promoter group interest in BPCL.
This order win represents a substantial contract for DEE Development Engineers, providing revenue visibility for nearly three years. The order from a PSU major like BPCL signals strong business momentum and could positively impact investor sentiment, given the size of the contract relative to the company's likely revenue base.