Ddev Plastiks Industries Limited has informed the Exchange about Transcript
DDEVPLSTIK · price
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Ddev Plastiks posted record FY25 consolidated revenue of INR 2,603 crores with volumes up 14% YoY at 1,89,374 MT and capacity utilization of 81%. FY25 EBITDA was INR 287 crores (~11% margin) and PAT was INR 185 crores (~7% margin), reflecting a 46% PAT CAGR over five years. Q4 FY25 revenue grew 23% YoY to INR 737 crores with quarterly volumes of 50,752 MT. The company is net debt-free and received a CRISIL rating upgrade to A+ stable (long-term) and A1+ (short-term). Management guided FY26 volume growth of 13-15% and revenue growth of 12-15%, with a long-term revenue target of INR 4,500-5,000 crores by FY30 and EBITDA margins of 10-12%. A CAPEX of INR 110 crores is planned for FY26 to add ~35,000 tons of XLPE, PVC, and HFFR capacity, while export share is expected to recover to ~25% of revenue with US direct-export approvals expected within weeks.
Multi-year revenue targets of INR 4,500-5,000 crores by FY30 and net-debt-free status with CRISIL upgrade strengthen the growth and balance-sheet story for shareholders. Capacity expansion and export recovery support earnings visibility, though raw-material volatility and delays in 132 kV commercial revenue (now expected only in FY27-28) remain things to watch.