ALFA Finder
The call ran from 10:31 AM to 11:24 AM IST (53 min).
Key takeaways
Management reported strong revenue growth but faced EBITDA margin pressure due to volatile raw material prices and increased export logistics costs.
| Revenue guidance | 14.9% → 30.6% Raised by 15.7 percentage points |
|---|---|
| Management target | Revenue 29.3% FY27 |
| Revenue growth | 44% YoY growth driven by robust wires and cables demand. |
|---|---|
| Margins | EBITDA margin at 9%; temporary compression from higher raw material/freight costs. |
| Demand visibility | Strong domestic visibility supported by infrastructure and private data center capex. |
| Management confidence | Balanced; optimistic on domestic demand but cautious on Middle East logistics. |
Growth
Revenue grew 44% YoY to ₹970 Cr, driven by the wires and cables segment and a 29% export contribution.
Outlook
Maintains target of ₹5,000 Cr revenue by FY30 with a new battery segment project starting Q1 FY28.
Risks
Geopolitical tensions in the Middle East are causing high freight rates and transit delays, impacting international margins.
Last quarter's promises, checked
Delivered
- Rev +13-14% FY27 guided → qtr rev +44% (= BEAT; qtr vs FY basis)
Partly delivered
- FY27 capex ₹150-175 Cr → H1 ₹79 Cr (= PARTIAL)
- Bhiwadi 50% utilisation by FY-end → 20-25% in Q1 (= PARTIAL)
Missed
- EBITDA margin 10-12% → 9% (= MISS)
- WB policy due end-Aug-26 → still awaited (= MISS)
- FY27 volume +15% → qtr volume +2% (= MISS, H2-weighted)
Summary by ALFA Finder, written with AI assistance from our own recording of the call, published . Open it on ALFA Filings ›
The results behind this call
Ddev Plastiks Industries Q2 FY27 Results: Net Profit ₹52 Cr, Up 10.4% YoY
Ddev Plastiks Industries Ltd reported revenue from operations of ₹978.4 Cr (+43.8% YoY) and net profit of ₹52 Cr (+10.4% YoY) for Q2 FY27.
- Key figure
- Net profit ₹52 Cr · +10.4% YoY
What management said last time
Full summary →From the call summary published .
Outlook they gave
Guidance of 15% volume growth for FY27. Targeting INR 5,000 Cr revenue by FY30. Capex of INR 150-175 Cr planned.
Growth they described
Revenue up 29% YoY; PAT at INR 64 Cr (up 22% YoY). EBITDA margins held at 10% despite headwinds.
Call details
| Company | Ddev Plastiks Industries Ltd |
|---|---|
| NSE symbol | DDEVPLSTIK |
| ISIN | INE0HR601026 |
| Call | Q2 FY27 earnings call |
| Date | Friday, 13 November 2026 |
| Time | 10:30 AM IST |
| Length | 53 min |
| Audio | Our stream on YouTube ↗ |
Ddev Plastiks Industries Ltd: key numbers
- Share price
- ₹243.75
- Market cap
- ₹2,522 Cr
- Revenue (annual)
- ₹2,948 Cr
- Net profit (annual)
- ₹201.8 Cr
- P/E (TTM)
- 11.6×Sector 51.6×
- Promoter holding
- 75.00%+0.00% QoQ
- FII holding
- 1.56%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
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