Ddev Plastiks Industries Ltd — earnings calls
2 quarters summarised from transcripts filed with the exchange, every statement cited. Newest first.
Ddev Plastiks reported Q1 FY27 revenue growth of 29% year-on-year, driven by strong export demand in the cables and wire segment, with EBITDA growing 27% and crossing INR100 crores for the first time, at a 10% margin. Profit after tax rose 22% year-on-year to about INR64 crores. Management attributed the export strength to elevated pricing amid Middle East geopolitical disruptions and freight uncertainty, while volume growth remained modest, and it commissioned a new 48,000 metric ton XLPE facility in Bhiwadi, Rajasthan during the quarter.
Ddev Plastiks reported FY26 revenue growth of 13% and EBITDA growth of 12% with margins at 11%, alongside PAT of INR202 crores, up 9% year-on-year. Management attributed the performance to resilience amid the Israel-Iran conflict, which disrupted exports and raw material availability starting late February, while exports grew 30% for the year. The company also outlined its foray into battery energy storage systems (BESS) and gave FY27 guidance on volumes, revenue growth and margins for the core polymer compounding business.