NSE:DEEDEV management interview: DEE Development Engineers In Talks For Nuclear Piping JV, Anjar Unit To Add ₹800 Cr: K.L. Bansal
CNBC-TV18, 2026-09-15. Video: https://www.youtube.com/watch?v=vgYxIF7t1p8
- Thailand plant performance: The Bangpakong facility currently generates ₹130 to ₹140 crore in revenue, with management targeting ₹160 to ₹170 crore by FY27 leveraging its strategic proximity to the port and airport.
- Nuclear piping expansion: DEE Development has secured a trial order from NPCIL and is in discussions to finalize a joint venture with a foreign collaborator by FY27 or FY28 to accelerate entry into nuclear piping.
- Debt reduction target: Net debt stands at around ₹450 crore following a preferential issue, with the company aiming to eliminate all term loans by 2029 without taking on additional debt.
- Long-term financial guidance: By FY30, the company is targeting ₹2,500 crore in revenue, an EBITDA margin of 22%, and an order book exceeding ₹3,500 crore, while aiming to scale ROCE from 10–12% to 18% over the next three years.