| Revenue guidance | 14.9% → 30.6% Raised by 15.7 percentage points |
|---|---|
| Management target | Revenue 29.3% FY27 |
| Revenue growth | 44% YoY growth driven by robust wires and cables demand. |
|---|---|
| Margins | EBITDA margin at 9%; temporary compression from higher raw material/freight costs. |
| Demand visibility | Strong domestic visibility supported by infrastructure and private data center capex. |
| Management confidence | Balanced; optimistic on domestic demand but cautious on Middle East logistics. |
Growth
Revenue grew 44% YoY to ₹970 Cr, driven by the wires and cables segment and a 29% export contribution.
Outlook
Maintains target of ₹5,000 Cr revenue by FY30 with a new battery segment project starting Q1 FY28.
Risks
Geopolitical tensions in the Middle East are causing high freight rates and transit delays, impacting international margins.
Last quarter's promises, checked
Delivered
- Rev +13-14% FY27 guided → qtr rev +44% (= BEAT; qtr vs FY basis)
Partly delivered
- FY27 capex ₹150-175 Cr → H1 ₹79 Cr (= PARTIAL)
- Bhiwadi 50% utilisation by FY-end → 20-25% in Q1 (= PARTIAL)
Missed
- EBITDA margin 10-12% → 9% (= MISS)
- WB policy due end-Aug-26 → still awaited (= MISS)
- FY27 volume +15% → qtr volume +2% (= MISS, H2-weighted)
Earnings Call Transcript filed with NSE, NSE: DDEVPLSTIK. Summary written with AI assistance from the document.
Ddev Plastiks Industries Ltd: key numbers
- Share price
- ₹243.75
- Market cap
- ₹2,522 Cr
- Revenue (annual)
- ₹2,948 Cr
- Net profit (annual)
- ₹201.8 Cr
- P/E (TTM)
- 11.6×Sector 51.6×
- Promoter holding
- 75.00%+0.00% QoQ
- FII holding
- 1.56%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Ddev Plastiks Industries Ltd
All →Ddev Plastiks Industries Investor Presentation: Key Takeaways
Q2FY27 revenue ₹978cr, EBITDA ₹86cr (9% margin), PAT ₹52cr (5%). H1 revenue ₹1,968cr, up 36% YoY; FY27E guide ~₹3,800cr; net debt-free.
Ddev Plastiks Industries Q2 FY27 Results: Net Profit ₹52 Cr, Up 10.4% YoY
Ddev Plastiks Industries Ltd reported revenue from operations of ₹978.4 Cr (+43.8% YoY) and net profit of ₹52 Cr (+10.4% YoY) for Q2 FY27.
- Key figure
- Net profit ₹52 Cr · +10.4% YoY
Ddev Plastiks Industries Board Meeting Date
Ddev Plastiks Industries intimated that its 3rd board meeting of 2026-27 is scheduled for 12 November 2026. The agenda, inter alia, includes approval of the Q2 and half-year unaudited financial results.
Ddev Plastiks Industries Annual General Meeting
Ddev Plastiks Industries has filed the minutes of its 6th Annual General Meeting held on 26 September 2026 through video conferencing. The filing is the minutes of an AGM with no monetary decision.
Ddev Plastiks Industries Other Announcement
The Company has submitted its shareholding pattern for the quarter ended September 30, 2026, as required under Regulation 31(1)(b) of the SEBI Listing Regulations.
Ddev Plastiks Industries Dividend
Ddev Plastiks Industries approved a final dividend of ₹1.25 per equity share for the financial year ended March 31, 2026, payable by October 25, 2026.