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Earnings Call

Ddev Plastiks Industries Earnings Call: Key Takeaways

Ddev Plastiks reports strong FY26 performance with 13% revenue growth and a landmark entry into the Battery Energy Storage Systems (BESS) sector, targeting 5GWh capacity by FY30.

Why this was an Alfa AlertNot a filter event. FY27 revenue guidance of ~13% does not meet the >50% YoY growth threshold.
Highlights
Revenue growth13% YoY in FY26; ~13% guided for FY27.
MarginsSustainable EBITDA margins guided at 11%.
Demand visibilityStrong, driven by renewables and 50% cumulative green power target.
Management confidenceHigh, citing landmark execution year and structural foundation for growth.

Growth

FY26 Revenue grew 13% to ₹2,948 Cr; EBITDA up 12% to ₹320 Cr; PAT rose 9% to ₹202 Cr.

Outlook

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

Risks

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

Last quarter's promises, checked

Delivered

  • Guided 10-12% CAGR → delivered 13% FY26 revenue growth (= BEAT)
  • Guided Rs. 50 Cr capex for 30k MT addition → delivered 30k MT capacity (= BEAT)
  • Guided ~11% EBITDA margin → delivered 11% EBITDA margin (= BEAT)

Partly delivered

  • Guided FY26 exports 33% growth → delivered 30% FY26 export growth (= PARTIAL)
Source

Earnings Call filed with NSE, 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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