ALPHA TRIBE

Ddev Plastiks Industries LimitedInvestor Meet, 13-08-2026: Analysts/Institutional Investor Meet/Con. Call Updates

13-08-2026 | 01:55 pm

Ddev Plastiks Q1 FY27 revenue jumped 29% YoY, with EBITDA up 27% to a record >INR100 Cr and 10% margins. PAT rose 22% to INR64 Cr. While Q1 volume growth was 1%, the new 48,000-ton Bhiwadi XLPE plant, now operational, will drive the FY27 15% volume growth target. Management expects Bhiwadi to reach 50% utilization this year. Strategic entry into Battery Energy Storage Systems (BESS) is planned for West Bengal, with INR200 Cr initial funding. The outlook remains confident, banking on India's infrastructure boom and Ddev's market leadership in specialized polymer compounds.

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