DEE Development Engineers Limited is an engineering company providing specialized process piping solutions for industries such as oil and gas, power (including nuclear), chemicals and other process industries through engineering, procurement and manufacturing. They have manufacturing experience of over three and a half decades and have been able to leverage their brand, strategically located manufacturing facilities and engineering capabilities to successfully expand the business. At present, we are the largest player in process piping solutions in India, in terms of installed capacity.
Strengths And Risks
+ Leading Player in High Entry Barrier Industry: Company holds leadership position in its segment attributed to factors such as long-standing relationship with their global customers, business experience, domain expertise and consistent quality of products.
The process piping solutions industry in India has high entry barriers due to requirement of skilled labour with complex manufacturing technology, high capital investment and the presence of robust design and
execution capability.
+ Largest Player in Process Piping Solutions : The company currently is ranked as one of the leading process pipe solution providers in the world, in terms of technical capability to address complex process piping requirement arising from multiple industrial segments.
+ Strong Order Book: They have a mix of domestic and overseas customers including Fortune 500 companies in India and various multinational corporations. Their customers include global companies such as JGC Corporation, Nooter Eriksen, MAN Energy Solutions SE, Mitsubishi Heavy Industries and John Cockerill S.A, and Indian companies such as Reliance Industries, Thermax Babcock & Wilcox Energy Solutions, HPCL–Mittal Energy Limited, Toshiba JSW Power Systems etc.
Private Limited, UOP India Private Limited, Doosan Power Systems India Private Limited
- Stringent Quality Requirements: Any failure by company to comply with stringent standards or performance requirements may lead to the cancellation of existing and future orders, recalls, liquidated damages, invocation of performance bank guarantees or, liability claims, which could adversely affect their reputation and business.
- Economic Downturn: Any downturn in the oil and gas, power (including nuclear), process industries, chemical sectors would create an adverse impact on their revenue from contracts with customers, cash flows and financial conditions.
- Competition: They face competition from companies such as ISGEC Heavy Engineering Limited in certain segments and from the pipe fabrication division of L&T Heavy Engineering in certain areas of operations, in India as well as other international companies.
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