Ddev Plastiks Industries Limited — Investor Meet, 18-11-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Ddev Plastiks reported positive H1 FY26 financial results with revenue up 20% YoY to INR1,450 Cr and volumes rising 10% YoY. For Q2 FY26, revenue increased 17% YoY to INR680 Cr, with EBITDA at INR75 Cr (11% margin) and PAT at INR47 Cr (7% margin). The company anticipates strong demand recovery in Q3/Q4, overcoming Q2 impacts from monsoon and US tariffs.

Management projects FY26 volumes of 210,000-220,000 metric tons and revenue of INR2,850-2,950 Cr, maintaining 10-12% EBITDA margins. Ddev Plastiks is expanding PVC and HFFR capacities, targeting 132 kV product trials in Q1 CY26. The long-term vision aims for INR5,000 Cr revenue by FY30, driven by India's energy transition and robust cable & wire sector growth. The management tone reflects confidence in strategic execution and market leadership.