Ddev Plastiks Industries Ltd

Ddev Plastiks Expands into Energy Storage with ₹150 Cr Investment ⚡📈

• Planned ₹150 crore investment in Phase-1 for battery energy storage systems (BESS) targeting initial capacity of 5 gigawatt hours

• Capacity expansion of additional 30,000 metric tons per annum (5,000 tons for HFFR and 25,000 tons for PVC)

• Total installed capacity increased to 268,400 metric tons per annum funded by internal accruals of ₹50 crores

• Expected BESS revenue of ₹300-500 crores in FY27

• Target of over 1 gigawatt hour BESS capacity by FY28

• Aims to achieve ₹5,000 crores in revenue by FY30 from existing businesses

• Exports expected to contribute 20-25% of total revenue

• Q3 FY26 revenue: ₹733 crores (11% YoY growth)

• 9-month FY26 revenue: ₹2,182 crores (17% YoY growth)

• Q3 exports: ₹196 crores (27% of total revenue)

• 9-month exports: ₹523 crores (33% YoY growth)

• Expected BESS revenue: ₹800-900 crores per gigawatt hour

• Q3 FY26 EBITDA: ₹80 crores (11% margin)

• Q3 FY26 PAT: ₹48 crores (7% margin)

• 9-month FY26 EBITDA: ₹234 crores (11% margin)

• 9-month FY26 PAT: ₹147 crores (7% margin)