Please find attached the Outcome of Board Meeting held on 25.05.2026
DDEVPLSTIK · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Ddev Plastiks Industries Ltd reported FY2026 results with revenue from operations at Rs 204,787 Lacs, a decline from Rs 260,332 Lacs in FY2025. Despite the revenue drop, profit after tax grew 8.8% to Rs 20,182 Lacs from Rs 18,550 Lacs. EBITDA rose to Rs 27,363 Lacs from Rs 25,064 Lacs. The Board declared an unmodified audit opinion and approved a final dividend of 125% (Rs 1.25 per share), bringing total dividend outflow to Rs 1,810.84 Lacs, same as the prior year. The company is expanding into Battery Energy Storage Systems (BESS) under renewable energy by amending its Memorandum of Association. Statutory auditor B. Mukherjee & Co. was reappointed for a further 5-year term.
Revenue declined sharply year-on-year but profitability improved, indicating better cost efficiency. The expansion into BESS signals a strategic pivot to diversify beyond polymer compounds. The dividend payout remains flat despite lower revenue.