DEE Piping Systems IPO Review & Recommendations

DEE Development Engineers IPO Peer Comparison

DEE Development Engineers Limited peer comparison with similar listed entities. (As on March 31, 2023)

Notes:

1. Financial Information for the Company has been derived from the Restated Consolidated Summary Statements.
2. All the financial information for listed industry peers mentioned above is on a consolidated basis (unless otherwise available only on a standalone basis) and is sourced from the annual reports/annual results as available of the respective company for the year ended March 31, 2023, submitted to stock exchanges.
3. Basic EPS (₹) = Restated profit for the period/year attributable to the equity shareholders of the Company/weighted average number of equity shares outstanding after considering bonus shares which has been issued subsequent to March 31, 2023 for all periods presented in accordance with Ind AS 33. Diluted EPS (₹) = Restated profit for the period/year attributable to equity shareholders of the Company/weighted average number of equity shares outstanding during the period/year considered for deriving basic earnings per share and the weighted average number of Equity Shares which could have been issued on the conversion of all dilutive potential Equity Shares after considering bonus shares which have been issued subsequent to March 31, 2023 for all periods presented in accordance with Ind AS 33.
4. Net asset value per Equity Share is the total equity divided by the weighted average numbers of Equity Shares outstanding during the period/year (as adjusted for the effect of bonus shares issued subsequent to March 31, 2023 and used in calculating basic earning per share in accordance with principles of Ind AS 33)
5. The company's "RONW" means return on net worth; return on net worth is the restated profit for the year divided by net worth.
6. Basic EPS is sourced from the audited consolidated financial results of the peer for the year ended March 31, 2023.
7. Diluted EPS is sourced from the audited consolidated financial results of the peer for the year ended March 31, 2023.
8. Net asset value per Equity Share is the total equity divided by the weighted average numbers of Equity Shares outstanding during the year (as adjusted for the effect of bonus shares issued subsequent to year-end and used in calculating basic earnings per share).
9. The P/E Ratio has been computed based on the closing market price of equity shares on BSE on June 10, 2024, divided by the Diluted EPS.
10. Return on net worth is the restated profit for the year divided by the net worth.