Ddev Plastiks Industries Ltd

📈 Ddev Plastiks Announces Expansion & Growth Plans - Capacity, Revenue, & New BESS Venture 🏭

- Total installed capacity now stands at 2,68,400 metric tons/year, with an additional 48,000 tons planned for XLPE expansion.

- Investing INR175 crores in FY27 to boost XLPE capacity and diversify into Battery Energy Storage Systems (BESS).

- BESS venture aims for 5GW capacity, projected to generate INR800-900 crores per GW by 2030.

- Consolidated revenue target of INR5,000 crores by FY2030 from polymer compounding.

- FY27 targets: 231,000 metric tons volume, 73% capacity utilization, and 13% revenue growth.

- EBITDA margins expected at ~11% for FY27.

- BESS could add INR2,000-2,500 crores in revenue by FY2030.

- FY26 financials: Revenue growth at 13%, export rise of 30%, PAT at INR202 crores (+9% YoY).

- New Bhiwadi facility operational since April 2026.

- Strong balance sheet with net worth of INR1,013 crores.

- Domestic sector growth driven by renewables & data centers.

- Zero rejections & deep market penetration reinforce operational strength.

- Management remains confident despite geopolitical & logistical challenges.