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NSE:DDEVPLSTIK

DDEV PLASTIKS IND LTD

Chemicals › Chemicals & Petrochemicals
₹245.80
at close · 28 Oct 2026
▲ 5.75 (+2.40%)

Latest filings

  1. 6th AGM minutes note Rs. 1.25 final dividend and governance changes · Compliance
  2. Compliance certificate under SEBI Depositories Regulation 74(5) for Q2 FY27 · Compliance
  3. Final Dividend of Rs 1.25 per share approved at AGM · Corporate Actions
All filings ↓
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Snapshot

What the business is, and whether it's a good one at a fair price.

AI · written from filings

Manufactures polymer compounds, primarily cross-linked polyethylene (XLPE) and other compounds, used by wire and cable makers serving renewables, transmission and distribution, and data centre build-outs. Total installed capacity reached >315,000 MTPA after a 48,000 MTPA XLPE line at Bhiwadi commenced in April 2026. FY26 revenue of Rs 2,947.87 crore came in 13% higher year-on-year, with exports up 30% despite logistics disruptions from the Israel-Iran conflict; volumes were 201,370 MT. A new battery energy storage systems (BESS) business is being added, targeting 5 GW of phased installed capacity by 2030 with each gigawatt projected at INR800-900 crore of revenue. Raw materials — polymers and chemicals — account for 82.7% of revenue, the dominant cost line. CRISIL has reaffirmed an A+/Stable long-term rating on Rs 759 crore of bank facilities.

Operating scale
FY27 volume target
231,000 MT at 73% capacity utilisationFY27
FY27 revenue growth guidance
13% YoYFY27
FY27 EBITDA margin guidance
~11%FY27
FY27 capex
Rs 175 crore (over Rs 70 crore for BESS)FY27
BESS revenue per GW
INR800-900 croreFY28 onwards
XLPE voltage roadmap
220 kV compounds targeted by 2030by 2030
Who pays it
Wire and cable manufacturers serving renewables, transmission and distribution, and data centre build-outs
Biggest cost
Raw materials (polymers and chemicals) at 82.7% of revenue
Kind of business
Specialty polymer compounding; raw-material-driven, asset-light on labour
Where it sits
India's largest listed polymer compound manufacturer (per FY26 investor presentation)
Market Cap
₹2,543 Cr
P / E (TTM)
11.9×
EV / EBITDA
7.5×
Div Yield
0.92%
Growth
—·
Revenue 5y CAGR
PAT — · EBITDA —
Quality
28.9%▲
ROCE (FY26)
ROE 19.9% · margin 10.9%
Leverage
0.05·
Debt / Equity · low
Net debt ₹8.89 Cr
Revenue FY23→FY26
1.2×▲
Margin +2.7 pts
₹2,504 Cr → ₹2,948 Cr
Cash conversion
0.72×·
Operating cash ÷ profit · 4 yrs
₹483 Cr on ₹673 Cr
Moves on a normal day
1.31%·
Median daily move
Last 267 sessions · the yardstick for filing-day moves
Where it sits among 107 Specialty Chemicals peersBar = share of peers beaten · tick = industry median · latest reported figures
P/E (TTM)#16/99
P/B#44/99
ROCE#10/106
ROE#12/99
Debt / Equity#34/99
EBITDA margin#73/99
Revenue growth#35/94
Profit growth#59/92

Scorecard

Measured from the filed financials, judged against its Specialty Chemicals peers · as of FY26 — not investment advice

Strengths
Returns on capital 28.9%
#10 of 106 in Specialty Chemicals on the latest reported figures · down from 33.3% in FY23
Debt at 0.05× equity
lower than 66% of its 99 Specialty Chemicals peers
Concerns
Nothing flagged in the filed numbers.

Charts

How has the market priced it — with filings on the timeline?

DDEVPLSTIK · price

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

Peers

How does it stack up on valuation, returns and growth?

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Financials

Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.

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Ownership

Who owns it — and is the promoter stake clean?

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Common questions

Answered from DDEV PLASTIKS IND LTD's filed financials and exchange disclosures

What does DDEV PLASTIKS IND LTD do?

DDEV PLASTIKS IND LTD is a Chemicals & Petrochemicals company listed on NSE and BSE, trading under the symbol DDEVPLSTIK.

Is DDEV PLASTIKS IND LTD profitable?

Yes. Over the trailing twelve months DDEV PLASTIKS IND LTD reported a net profit of ₹213 Cr on revenue of ₹3,168 Cr.

Does DDEV PLASTIKS IND LTD pay a dividend?

Yes. The dividend yield is 0.92% at the current price. It paid out 12% of its profit as dividend in FY26.

Is DDEV PLASTIKS IND LTD debt-free?

No. It reported borrowings of ₹52 Cr on its 31 Mar 2026 balance sheet, or net debt of ₹8.89 Cr after cash. Debt stands at 0.05× equity. That is lower than 66% of its 99 Specialty Chemicals peers.

Is DDEV PLASTIKS IND LTD expensive compared with its peers?

On trailing P/E, DDEV PLASTIKS IND LTD ranks 16 of 99 in Specialty Chemicals — cheaper than 85% of them, against an industry median of 23.1×. This is a position, not a valuation judgement.

How much does the DDEV PLASTIKS IND LTD share price move in a day?

On a typical session DDEV PLASTIKS IND LTD moves 1.31% — that is the median absolute close-to-close move across its last 267 trading days. MarketPing measures each filing's price reaction against it.

Where can I track DDEV PLASTIKS IND LTD's announcements?

Every NSE and BSE filing by DDEV PLASTIKS IND LTD appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.

Figures are as last reported and may lag the latest filing. Not investment advice.