DDEVPLSTIKBSEDdev Plastiks Industries LtdMediumNeutral
Announced Thu, 28 Aug · 12:29 IST

Please find attached the Annual Report of the Company for the Financial Year 2024-25.

Board & Shareholder Meetings View source PDF

DDEVPLSTIK · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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AI summary

Ddev Plastiks Industries has submitted its Annual Report for FY 2024-25 along with the notice for its 5th Annual General Meeting scheduled for 22nd September 2025 via video conferencing. The company reported consolidated revenue of ₹2,603 crore, EBITDA of ₹287 crore, and Profit After Tax of ₹185 crore, with EPS at ₹17.93. PAT has grown at a 46% CAGR over 5 years from ₹27 crore in FY19-20. The board has declared a dividend of ₹1.75 per share (175% on face value of ₹1). Key milestones include recent listing on NSE, CRISIL credit rating upgrade to A+/Stable (long-term) and A1+ (short-term), and a ₹300 crore capex plan over three years starting FY25. The company targets ₹5,000 crore revenue by FY2030 and aims to expand HFFR and PE capacity to 20,000 and 25,000 MTPA respectively by FY27.

Likely market impact

Shareholders will receive a healthy 175% dividend (₹1.75/share) and benefit from improved share liquidity following the NSE listing. The strong financial performance, credit rating upgrade, and ambitious growth targets (₹5,000 crore revenue by FY30) signal positive momentum, though execution of the ₹300 crore capex plan remains key to watch.