ALFA Finder| Management target | Revenue FY27 |
|---|
| Revenue growth | H1 +36% YoY; Q2 flat-to-down QoQ |
|---|---|
| Margins | Q2 EBITDA 9% vs ~10% Q1; PAT margin 5% vs ~6% |
| Demand visibility | Wires/cables demand robust; infra, power, renewables tailwinds |
| Management confidence | Upbeat: demand 'robust', wires and cables led |
Growth
H1 revenue +36% YoY to ₹1,968cr; H1 PAT ₹116cr. Q2 PAT ~₹52cr vs ~₹64cr implied Q1; revenue roughly flat QoQ.
Outlook
FY27E revenue ~₹3,800cr (implies H2 ~₹1,832cr, below H1), capex ~₹175cr, FY30 revenue target ₹5,000cr.
Risks
Capacity utilisation fell to 63% (Q2FY26: 81%). Q2 EBITDA margin ~9% vs ~10% in Q1. Global volatility cited by management.
Last quarter's promises, checked
Delivered
- FY27 revenue +13% guided → H1 +36% YoY (= BEAT)
- FY27 capex ₹150-175cr guided → FY27E ~₹175cr (= BEAT, top of range)
Partly delivered
- FY27 2,31,000t (+15% volume) guided → Q1 52,163t, ~60,000t/qtr needed; Q2 volume undisclosed (= PARTIAL)
- Bhiwadi 50% avg utilisation FY27 guided (Q1 ~20-25%) → Bhiwadi-specific Q2 not disclosed (= PARTIAL)
Missed
- EBITDA margin 10-12% guided → Q2 ~9% (= MISS)
- Utilisation to rise as Bhiwadi ramps (Q1 66%) → Q2 63%, vs 81% prior year (= MISS)
Investor Presentation filed with BSE, NSE: DDEVPLSTIK. Summary written with AI assistance from the document.
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.
More from Ddev Plastiks Industries Ltd
All →Ddev Plastiks Industries Earnings Call Transcript: Key Takeaways
Management reported strong revenue growth but faced EBITDA margin pressure due to volatile raw material prices and increased export logistics costs.
- Call
- Guides 29% growth
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
Ddev Plastiks Industries Board Meeting Date
Ddev Plastiks Industries intimated that its 3rd board meeting of 2026-27 is scheduled for 12 November 2026. The agenda, inter alia, includes approval of the Q2 and half-year unaudited financial results.
Ddev Plastiks Industries Annual General Meeting
Ddev Plastiks Industries has filed the minutes of its 6th Annual General Meeting held on 26 September 2026 through video conferencing. The filing is the minutes of an AGM with no monetary decision.
Ddev Plastiks Industries Other Announcement
The Company has submitted its shareholding pattern for the quarter ended September 30, 2026, as required under Regulation 31(1)(b) of the SEBI Listing Regulations.
Ddev Plastiks Industries Dividend
Ddev Plastiks Industries approved a final dividend of ₹1.25 per equity share for the financial year ended March 31, 2026, payable by October 25, 2026.