Ddev Plastiks Industries Limited has informed the Exchange about Transcript
DDEVPLSTIK · price
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Ddev Plastiks reported FY26 revenue growth of 13% YoY with exports up 30%, while PAT grew 9% to INR202 crores. EBITDA margins stood at 11%. The company achieved volume of 201,370 metric tons with 77% capacity utilization. For FY27, management guided for 231,000 metric tons volume (73% utilization), 13% revenue growth, and maintained EBITDA margins at approximately 11%. Total installed capacity will exceed 315,000 tons per annum after the XLPE expansion. The company also announced its strategic entry into Battery Energy Storage Systems (BESS), targeting 5 GW capacity in phases with INR800-900 crores revenue per GW, expecting INR200-250 crores revenue in FY27 (breakeven) and INR800-900 crores in FY28 at 10%+ margins. FY27 capex is planned at INR175 crores including INR70+ crores for BESS.
The company maintained margin guidance at 11% for FY27, signaling no near-term operating leverage despite volume growth. The BESS diversification represents a significant new growth vector but will be margin-dilutive initially. The geopolitical situation affecting raw material costs has stabilized from April, supporting margin sustainability.