Ddev Plastiks Industries Ltd

Ddev Plastiks Expands Capacity & Enters BESS Sector 🚀 | FY27 Growth Outlook

- FY26 financials: Revenue up 13% YoY to ₹2,948 Cr, EBITDA up 12% to ₹320 Cr, PAT up 9% to ₹202 Cr.

- Capacity expansions in FY26: New PVC (15,000 MT), HFFR (5,000 MT), PVC (10,000 MT), and XLPE (48,000 MT).

- Entering BESS sector with 5 GW phased target; Phase 1 (5 GWh) by Q3 FY27. Expected contribution: ₹800-900 Cr/GW with 6-8% EBITDA margins.

- FY27 guidance: ~13% revenue growth, 15% volume growth to 2,31,000 MT, and sustainable 11% EBITDA margins.

- Strong cable/wire industry presence: Supplies to Apar, Havells, KEC, KEI, Paramount, Polycab (~22% of revenue).

- India’s largest listed polymer compound manufacturer: 2,68,400 MTPA capacity, 6 plants, 200+ products.

- FY21-FY26 CAGR: Revenue (14%), EBITDA (34%), PAT (58%).

- Committed FY27 capex: ₹175 Cr; total assets at ₹1,444 Cr (FY26).

- Sustainability: 1.7 MW solar panels, emission reduction, CSR initiatives.