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DEE Development Engineers IPO is a Book Building listing on BSE,NSE exchange, with an ipo size of ₹ 418.01 Cr. The company is based in Faridabad and caters to Engineering - EPC sector. Equirus Capital , SBI Capital Markets are the merchant bankers of DEE Development Engineers IPO. It is a MainBoard IPO which filed its Draft Red Herring Prospectus (DRHP) on 28th September 2023.
DEE Development Engineers IPO posted revenues of ₹ 743.81 crores and PAT of ₹ 19.12 crores in FY24 on annualised basis.
Revenue:
₹ 727.40 Cr.
EBITDA Margin:
12.45
% 
Net Worth: ₹ 438.00 Cr.
Market Capitalisation:
₹ 1401.69 Cr.
P/E:
73.33 times
P/BV: 1.64 times
EV/EBITDA: 19.95 times
Financial results of DEE Development Engineers IPO based on restated financials as per prospectus and IPO review parameters can be referred to below.
| Financials | Dec-23 | FY23 | FY22 | FY21 | |
|---|---|---|---|---|---|
|
Balance Sheet
|
|||||
| Assets | 1171.00 | 966.20 | 845.30 | 835.80 | |
| Net Worth | 438.00 | 423.60 | 41.90 | 454.30 | |
| Total Debt | 407.10 | 352.60 | 285.30 | 257.10 | |
|
Profit & Loss
|
|||||
Revenue
Revenue on annualised basis |
545.55
727.40 |
595.50 | 460.92 | 495.22 | |
EBITDA
EBITDA on annualised basis |
67.94
90.59 |
69.18 | 64.61 | 53.68 | |
PAT
PAT on annualised basis |
14.34
19.12 |
12.97 | 8.20 | 14.21 | |
DEE Development Engineers IPO PAT Margin is 2.63 % , ROCE (Return on Capital Employed) is 3.91 % as per latest financial. The below table shows DEE Development Engineers IPO Key Performance Indicators (KPI) as mentioned in company’s prospectus.
| Particulars | Dec-23 | FY23 | FY22 | FY21 |
|---|---|---|---|---|
| EBITDA Margin (%) | 12.45 | 11.62 | 14.02 | 10.84 |
| PAT Margin (%) | 2.63 | 2.18 | 1.78 | 2.87 |
| EPS (₹) | 2.70 | 2.45 | 1.53 | 2.44 |
| ROE (%) | 3.27 | 3.06 | 19.57 | 3.13 |
| ROCE (%) | 3.91 | 3.91 | 3.99 | 2.47 |
| ROA (%) | 1.22 | 1.34 | 0.97 | 1.70 |
| Debt to Equity | 0.93 | 0.83 | 6.81 | 0.57 |
The market Capitalisation of DEE Development Engineers IPO is ₹ 1401.69 crores at the time of IPO and other IPO valuation metrics of this IPO is mentioned below.
The DEE Development Engineers IPO prospectus highlights an Return on Equity (ROE) of 3.27 % , Return on Assets (ROA) of 1.22 %, and an EBITDA Margin of 12.45 %, showcasing financial performance.
Profitability ratios like Return on Equity (ROE), Return on Assets (ROA), and Net Profit Margin shows DEE Development Engineers IPO financial report. Analysing these metrics can provide insights into the company’s efficiency, profitability, and long-term growth potential.
The post-IPO market capitalisation of DEE Development Engineers IPO is ₹ 1401.69 Cr., based on the issue price and share structure. It helps investors gauge the company’s valuation and compare it with industry peers before investing.
The DEE Development Engineers IPO has a Price-to-Earnings (PE) ratio of 73.33 X, indicating valuation compared to industry peers. It helps investors determine if the stock is overvalued or undervalued compared to its earnings and industry peers.
DEE Development Engineers IPO reported revenue of ₹ 743.81 Cr. in the latest fiscal year, showing business performance, on annualised basis. Revenue figures from DEE Development Engineers IPO provide insights into sales growth, market demand, and business scalability.
DEE Development Engineers recorded an EBITDA of ₹ 90.59 Cr., reflecting operational efficiency. EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortisation) measures operational profitability.
DEE Development Engineers Profit After Tax (PAT) is ₹ 19.12 Cr., reflecting earnings growth. Profit After Tax (PAT) reflects the company’s actual earnings after all expenses, taxes, and deductions
Revenue:
₹ 727.40 Cr.
EBITDA Margin:
12.45
%
Net Worth: ₹ 438.00 Cr.
Market Capitalisation:
₹ 1401.69 Cr.
P/E:
73.33 times
P/BV: 1.64 times
EV/EBITDA: 19.95 times
DEE Development Engineers operates in Engineering - EPC and Specialized Process Piping Solutions For Oil And Gas, Power (including Nuclear), Chemicals, And Other Process Industries Through Engineering, Procurement, And Manufacturing.?. The Issue is listed on BSE,NSE in Jun, 2024. DEE Development Engineers IPO size was 418.01 with Issue price of 203.00 .
Merchant Banker(s) of DEE Development Engineers IPO: Equirus Capital Private Limited , SBI Capital Markets Limited
DEE Development Engineers IPO subscription was 103.30 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
DEE Development Engineers IPO listed at a listing price of 335.00 against the offer price of 203.00.
The current market price of DEE Development Engineers is 318.00.
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