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Earnings Call

Ddev Plastiks Industries Earnings Call: Key Takeaways

Ddev Plastiks delivered strong FY26 results with 13% revenue growth and 9% PAT growth. Strategy focuses on high-margin polymer compounds and a major strategic entry into Battery Energy Storage Systems (BESS).

Highlights
Revenue growth13% YoY for FY26; ~13% guided for FY27.
MarginsEBITDA margin stable at 11%; targeting 11% for FY27.
Demand visibilityStrong, driven by renewables, infrastructure, and BESS sector growth.
Management confidenceHigh; targeting ₹5,000 Cr revenue by FY30.

Growth

FY26 Revenue reached ₹2,948 Cr (up 13% YoY); PAT at ₹2,02Cr (up 9% YoY). EBITDA grew 12% YoY.

Outlook

FY27 guidance: ~13% revenue growth, 15% volume growth, and 11% EBITDA margin. Planned ₹175Cr capex.

Risks

Geopolitical headwinds (Israel-Iran conflict) causing raw material volatility and export transit disruptions.

Last quarter's promises, checked

Delivered

  • Guided 10-12% CAGR → Delivered 13% Revenue Growth (= BEAT)
  • Guided 11% EBITDA Margin → Delivered 11% EBITDA Margin (= BEAT)
  • Guided 30k MTPA Capacity Addition → Delivered 30k MTPA (Total 2.68L MTPA) (= BEAT)

Partly delivered

  • Guided ₹300-500Cr BESS Revenue for FY27 → Plant scheduled for Q3 FY27 (= PARTIAL)
Source

Earnings Call filed with BSE, NSE: DDEVPLSTIK. Summary written with AI assistance from the document.

Read the document ↗

Ddev Plastiks Industries Ltd: key numbers

Share price
₹256.15
Market cap
₹2,651 Cr
Revenue (annual)
₹2,948 Cr
Net profit (annual)
₹201.8 Cr
P/E (TTM)
12.4×Sector 53.6×
Promoter holding
75.00%+0.00% QoQ
FII holding
1.47%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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