Ddev Plastiks Industries Ltd
π Ddev Plastiks Expands Capacity & Enters Energy Storage β Key Financials & Growth Plans
Capacity Expansion: New facilities include 15,000 MT PVC (Oct 2025), 5,000 MT HFFR & 10,000 MT PVC (Dec 2025), and 48,000 MT XLPE (Apr 2026).
Installed Capacity: 2,68,400 MTPA as of March 2026 across 6 manufacturing units with 200+ polymer compounds.
BESS Entry: Targeting 5 GW phased capacityβPhase 1 (5 GWh) by Q3 FY27, expected to contribute INR 800-900 Cr per GW with 6-8% EBITDA margins.
FY26 Results: Revenue up 13% YoY to INR 2,948 Cr, EBITDA at INR 320 Cr (+12%), PAT at INR 202 Cr (+9%).
FY27 Guidance: 13% revenue growth, 15% volume growth to 2,31,000 MT, sustainable EBITDA margins of 11%.
Key Clients: Apar, Havells, KEC, KEI, Paramount, Polycab contributing ~22% of revenue.
Sustainability: 1.7 MW solar power capacity reduces 80 MT carbon emissions monthly.