DEE Development Q1 FY27 Results (NSE: DEEDEV)
Signal: Growth reaccelerated
| Metric | Value | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹2.94 Cr | 31.6% | -74.2% |
| EBIT | ₹0.37 Cr | 36.7% | |
| Net profit | ₹0 Cr | -100.0% | |
| EPS | ₹2.33 | 22.0% | |
| EBIT margin | 17.7% |
P&L walk
Group revenue grew 31.6% YoY, driven by piping division (+33.2% YoY), but PAT turned to zero as the subsidiary Malwa Power's impairment uncertainty was flagged by auditors — group PAT attributable to parent stood at ₹1,614.87 lakh, but total PAT after NCI is printed as zero, a likely XBRL misalignment. EBITDA grew 30.7% YoY, margin compressed 10bps YoY to 17.7%, while finance cost surged 49.8% YoY, eating into operating profits. Depreciation rose 17.9% YoY in line with asset base growth.
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