DEE Development Engineers Limited

17.7%

of Financial Year 2025. In Q4 FY25, our operating income reached %2,864 Mn, reflecting a strong 17.7% YoY and 76.8% QoQ.growth. For the full year, operating income stood at 8,274 Mn, representing a 4

76.8%

Year 2025. In Q4 FY25, our operating income reached %2,864 Mn, reflecting a strong 17.7% YoY and 76.8% QoQ.growth. For the full year, operating income stood at 8,274 Mn, representing a 4.9% increase o

4.9%

% YoY and 76.8% QoQ.growth. For the full year, operating income stood at 8,274 Mn, representing a 4.9% increase over FY24. Our orderbook as on April 30, 2025 stood at 12,746 Mn. Our operational perf

83.7%

operational performance remained resilient, with Operating EBITDA rising to X635 Mn in Q4 FY25 — a 83.7% YoY and 1021.0% QoQ growth. The quarterly Operating EBITDA margin stood at 22.2%, up by 797 basis

1021.0%

formance remained resilient, with Operating EBITDA rising to X635 Mn in Q4 FY25 — a 83.7% YoY and 1021.0% QoQ growth. The quarterly Operating EBITDA margin stood at 22.2%, up by 797 basis points YoY. For t

22.2%

n in Q4 FY25 — a 83.7% YoY and 1021.0% QoQ growth. The quarterly Operating EBITDA margin stood at 22.2%, up by 797 basis points YoY. For the full fiscal year, Operating EBITDA came in at 31,238 Lacs, u

797 basis point

— a 83.7% YoY and 1021.0% QoQ growth. The quarterly Operating EBITDA margin stood at 22.2%, up by 797 basis points YoY. For the full fiscal year, Operating EBITDA came in at 31,238 Lacs, up 20.7% YoY, with the O

20.7%

up by 797 basis points YoY. For the full fiscal year, Operating EBITDA came in at 31,238 Lacs, up 20.7% YoY, with the Operating EBITDA margin improving by 196 basis points to 15.0%. Our profitability

196 basis point

perating EBITDA came in at 31,238 Lacs, up 20.7% YoY, with the Operating EBITDA margin improving by 196 basis points to 15.0%. Our profitability also witnessed strong growth, with Profit After Tax for Q4 FY25 stan

15.0%

n at 31,238 Lacs, up 20.7% YoY, with the Operating EBITDA margin improving by 196 basis points to 15.0%. Our profitability also witnessed strong growth, with Profit After Tax for Q4 FY25 standing at X3

165.5%

bility also witnessed strong growth, with Profit After Tax for Q4 FY25 standing at X315 Mn, marking 165.5% YoY growth. The PAT margin for the quarter was 10.9% registering a growth of 614 basis points. Fo

10.9%

ax for Q4 FY25 standing at X315 Mn, marking 165.5% YoY growth. The PAT margin for the quarter was 10.9% registering a growth of 614 basis points. For FY25, PAT stood at %436 Mn, marking a growth of 66.

“FY22 FY23 FY24 N~ o L L FY25 16.3% ° M @ L FY14 L FY15 1 | 1 d !”

“1 1 1 ' I 1 15.0% 6.5% 5 = I FY24 I FY25 .”

“©DEE ~*> Indian Process Piping Industry (in INR 000 crore) Indian Process Piping Industry — Segmentation by End- Use Industry (2023) CAGR 6.1% ———— 334 4% 25.4 28.1 2023E 2025F 2030F Key demand driver ?”

“India's Refining Capacity is projected to reach 450 MTPA by FY30, growing at a CAGR of 9% between FY23 and FY30' W Power Generation M Petroleum Refining = The bulk of the proposed capital investments target refining capability improvements.”

“project pipeline offers attractive opportunities for Process Plant solution providers.”

“FY25 Power Project Pipeline in India 2 State-wise Number of Units Installed Refinery Capacity in India 2 in MMTPA India Power Industry - Installed Capacity Trend 2 in GW 618 416 inistry of Power Powerful Industry Tailwinds ...and strong capital built up in the Indian Chemical and Pharmaceutical Sectors .”

“| Indian Chemical Industry 2 In USD $ billion Till FY26 1,58,906 2,36,554 Beyond FY26 49,994 2,23,902 273,89 W Pharmaceuticals m Chemical Manufacturing = To support the anticipated growth in demand & production, India will have to scale up its installed Chemical Production Capability to nearly 29 MTPA and Petrochemical Production Capability to 80 MTPA by FY30 107 .”

“- Fy23 1 Indian Chemical Industry by Sub-Segments 7.5% FY23 FY27p FY23 FY30P m Bulk chemicals ~ m Petrochemicals ~ m Specialty Chemicals Fertlizers 28% Fy25p FY27p CAGR FY23 - FY27P .”

Note

1

Note

1. Excludes unutilized IPO proceeds as of Dec’24; 2. Net Current Assets : Current Asset - Current Liabilities +Short Term Borrowings + Short Term Lease Liabilities ~ Cash & Cash Equivalents; 3. Capital Employed : Total Equity +Total Borrowings + Total Lease Liabilities + Deferred Tax Liabilties - Deferred Tax Assets; 4 Cash Conversion Cycle based on Revenue from Operations; 5. Net Worth : Total Net Worth ~ Capital Redemption Reserve — Foreign Currency Translation Reserve Financial Highlights — Segmental Revenue Breakup ©DEE piping systems In INR Millions Particulars Q4 FY25 Sales Contribution Q3 FY25 Sales Contribution Q4 FY24 Sales Contribution FY25 Sales Contribution FY24 Sales Contribution 11 ‘ Note : Revenue is net of inter-segmental sales Piping Division Power Division Heavy Fabrication 2,558 89.3% 1,291 79.7% 2,048 84.2% 6,929 83.7% 6,703 85.0% Summary of Profit and Loss Statement @D€E piping systems In INR Millions Particulars Q4 FY25 Q4 FY24 YoY Change Q3 FY25 QoQ FY25 FY24 YoY