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Ddev Plastiks Industries

DDEVPLSTIK NSE
₹258.26 −0.63 (−0.24%)
P/E
12.52
View as Markdown
MCP
Close 4 Nov 2026 ₹258.26 −34.79 −11.9% 1Y
Start ₹293.05

Key Fundamentals

MicrocapChemicals & PetrochemicalsChemicals

Price-based figures as of · EPS basis: Standalone · TTM

ROCE
31.00%
Debt to Equity
0.06
EPS (TTM)
₹20.62
Book Value
₹97.93
Market Cap
—
P/E (TTM)
12.52
P/B
2.64
ROE
21.80%
Dividend Yield
0.68%
EBITDA
₹320 Cr
52W High
₹317.30
52W Low
₹185.15
Day Range
₹254.41 – ₹260.63
Volume
36,584

Peer Comparison

Commodities › Chemicals › Specialty Chemicals

Ddev Plastiks Industries peer comparison
Pidilite Industries
₹1,510.2058.04₹1,54,107 Cr13.721.42%23.90%31.00%₹15,399 Cr₹2,677 Cr
Gujarat Fluorochemicals
₹4,613.3083.76₹49,073 Cr6.040.07%7.82%9.64%₹5,303 Cr₹600 Cr
Navin Fluorine International
₹8,785.0057.03₹44,060 Cr10.100.09%19.60%21.00%₹3,634 Cr₹789 Cr
Deepak Nitrite
₹1,578.4027.48₹20,919 Cr3.320.49%9.82%11.40%₹8,575 Cr₹784 Cr
Aether Industries
₹1,540.7086.90₹20,030 Cr7.880.00%9.66%11.90%₹1,231 Cr₹235 Cr
Aarti Industries
₹447.5530.57₹15,838 Cr2.590.23%7.13%6.86%₹9,010 Cr₹531 Cr
Atul
₹5,156.5019.67₹14,827 Cr2.310.59%11.50%14.90%₹6,969 Cr₹788 Cr
Ddev Plastiks Industries (this company)
₹258.2612.52₹2,652 Cr2.640.68%21.80%31.00%₹3,168 Cr₹214 Cr
Median 8 companies₹1,559.5543.80₹20,474 Cr4.680.36%10.66%13.40%₹6,136 Cr₹692 Cr

Comparable companies in the same industry. Market cap, P/E and P/B use the latest price; other metrics are as reported in filings. A dash means the figure is not published for that company.

Tapetide Score

Data-driven rating, 0–100, as of . How it works →

Overall score

56 Good

Data confidence 100/100

Category scores

Quality
59
Good
Returns, margins, earnings quality 22% weight
Valuation
57
Good
Cheap vs sector & own history 24% weight
Growth
62
Good
Sales & profit trajectory 9% weight
Financial Health
71
Strong
Solvency, leverage, coverage 9% weight
Momentum
41
Weak
Trend strength, vol-adjusted 12% weight
Ownership
51
Average
FII/DII/promoter flows 24% weight

The Tapetide Score is data analysis, not investment advice. Tapetide is not a SEBI-registered research analyst or investment adviser.

Key Insights

Strengths

2
  • Company is almost debt free.
  • Company has a good return on equity (ROE) track record: 3 Years ROE 25.3%

No weaknesses listed

Technical Indicators

Technical signals: verdict and indicator counts
GroupSignalBearishNeutralBullish
OverallBullish667
OscillatorsBearish261
Moving AveragesStrong Bullish406

Key readings

RSI (14)
55.19
Neutral
MACD (12,26,9)
−1.72
Bullish
SMA (50)
258.21
Bullish
SMA (200)
261.59
Bearish

As of

Analyst Rating

Based on 1 analysts
HOLD100%

0 of 1 analyst rates Buy, 1 Hold, 0 Sell.

As of

BUY
0
0%
HOLD
1
100%
SELL
0
0%

Growth Rate

From the financial statements below. 5Y, 3Y: compound annual growth to Mar 2026; 1Y: fiscal year to Mar 2026 against Mar 2025; TTM: four quarters to Jun 2026 against Jun 2025.

Revenue

Revenue growth by window
5YZero base
3Y+5.59%
1Y+13.25%
TTM+15.33%

Net profit

Net profit growth by window
5YZero base
3Y+24.77%
1Y+8.60%
TTM+9.18%

Operating cash flow

Operating cash flow growth by window
5YZero base
3Y−16.31%
1Y−37.96%
TTM—

TTM: Reported once a year, so there is no trailing-twelve-month figure.

Operating margin· change in pp

Operating margin growth by window
5YNo sales
3Y+3.35 pp
1Y−0.63 pp
TTM−0.67 pp

Revenue by year

Revenue by year, ₹ crore
Mar 2021₹0.00 Cr
Mar 2022₹2,227 Cr
Mar 2023₹2,504 Cr
Mar 2024₹2,431 Cr
Mar 2025₹2,603 Cr
Mar 2026₹2,948 Cr

Net profit by year

Net profit by year, ₹ crore
Mar 2021₹0.00 Cr
Mar 2022₹55.00 Cr
Mar 2023₹104 Cr
Mar 2024₹182 Cr
Mar 2025₹186 Cr
Mar 2026₹202 Cr

Analyst Forecasts

Forecast For
Sep 26 consensus · EBITDA
₹94.40 Cr −6.4% vs Jun 26
Reported High Mean Low

AI Analysis — Bull vs Bear

Generated 6 Jul 2026
AI opinion · based on fundamentals
Risk medium

DDev Plastiks Industries Ltd is a small-cap commodities company (market cap ~₹2,924 Cr) operating in the plastics segment with near-zero debt (debt-to-equity ~0.05), a consistent ROE of ~22-25% over three years, and TTM sales growth of 13%. The stock trades at a PE of 14.5x, well below the industry average of ~41x, while revenue grew from ₹2,431 Cr in FY24 to ₹2,948 Cr in FY26.

Bull Case 8
  • Near debt-free balance sheet with debt-to-equity ratio of just 0.05, providing financial flexibility and low interest burden
  • Consistent ROE of 22-25% over the last 3 years, indicating efficient capital allocation and strong profitability
  • PE ratio of 14.5x is significantly below the industry average PE of ~41x, suggesting relative undervaluation
  • TTM sales growth of 13% (FY26 revenue at ₹2,948 Cr vs ₹2,603 Cr in FY25) shows accelerating top-line momentum
  • Compounded profit growth of 25% over 3 years demonstrates strong earnings compounding
  • Q3 FY26 net sales of ₹732.84 Cr grew 10.91% YoY from ₹660.75 Cr, showing consistent quarterly momentum
  • Reserves and surplus grew from ₹484.85 Cr in FY23 to ₹824.36 Cr in FY25, reflecting strong internal accrual
  • Secured loans declined from ₹129 Cr in FY22 to ₹42 Cr in FY25, showing active deleveraging
Bear Case 8
  • Small market cap of ₹2,924 Cr implies lower liquidity and higher volatility risk compared to large-caps
  • Operating profit margin of ~9.6-10.5% is thin for a commodities business, leaving limited buffer against input cost spikes
  • Dividend yield of just 0.18% offers negligible income return to shareholders
  • Stock CAGR of only 6% over 1 year indicates muted price appreciation despite decent fundamentals
  • Compounded sales growth of only 6% over 3 years (FY22-FY25) suggests historically inconsistent top-line expansion
  • Revenue declined from ₹2,504 Cr in FY23 to ₹2,431 Cr in FY24, showing vulnerability to demand/pricing cycles
  • Commodities sector exposure means earnings are tied to polymer/plastic resin price volatility which the company cannot control
  • Net profit margin of ~7.9% (TTM) is modest, and FY26 OPM dipped to 9.62% from 10.26% in FY25, indicating margin pressure

This is AI-generated analysis, not financial advice. Do your own due diligence.

AI News Digest

121d ago

TL;DR: DDev Plastiks is delivering solid growth with FY26 PAT up 9% and revenue up 13%, underpinned by a strong 30% surge in exports. No material headwinds are visible in recent news. The export-led growth trajectory and improving profitability suggest a positive trend, though investors should watch for margin sustainability as volumes scale.

Positives 1
  • FY26 PAT up 9% to ₹202Cr Jun 08

    Ddev Plastiks reported PAT of INR 202 Cr for FY26, a 9% YoY increase. Revenue grew 13% YoY with exports surging 30%.

Neutral 1
  • Trading window closed for Q1FY26 Jun 20

    Trading window closed from July 1, 2026 until 48 hours after Q1FY26 results declaration, per SEBI insider trading regulations.

Quarterly Results

₹ Cr
DDEVPLSTIK quarterly results, ₹ crore
Particulars Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales
638
642
554
597
625
580
661
737
769
680
733
766
989
Expenses
584
582
493
513
567
517
590
660
696
616
657
691
898
Operating Profit
54
60
60
84
58
64
70
76
73
64
76
74
91
OPM %
8%
9%
11%
14%
9%
11%
11%
10%
9%
9%
10%
10%
9%
Other Income
7
5
3
8
6
5
4
3
6
11
4
12
10
Interest
7
6
5
5
4
5
7
6
6
7
8
8
11
Depreciation
3
3
3
4
3
4
4
4
4
4
5
5
5
PBT
51
57
55
82
57
60
64
69
70
64
67
73
85
Tax %
26%
25%
27%
25%
25%
26%
28%
25%
25%
26%
28%
26%
25%
Net Profit
38
42
40
62
42
45
47
52
52
47
48
55
64
EPS (₹)
3.65
4.08
3.87
5.95
4.1
4.32
4.5
5
5.04
4.55
4.64
5.27
6.16

Profit & Loss

₹ Cr
DDEVPLSTIK profit and loss, annual, ₹ crore
Particulars Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales
0
2,227
2,504
2,431
2,603
2,948
3,168
Expenses
0
2,121
2,344
2,173
2,334
2,661
2,863
Operating Profit
0
106
160
258
270
287
305
OPM %
—
4.7%
6%
11%
10%
10%
10%
Other Income
0
22
26
24
17.96
33
37
Interest
0
41
33
23
21
29
34
Depreciation
0
12
12
14
15
18
18
PBT
0
76
140
245
251
274
289
Tax %
—
28%
26%
26%
26%
26%
—
Net Profit
0
55
104
182
186
202
213
EPS (₹)
—
—
10.06
17.56
17.93
19.5
20.62
Div. Payout %
—
4%
9%
9%
10%
9%
—

Balance Sheet

₹ Cr
DDEVPLSTIK balance sheet, annual, ₹ crore
Particulars Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital
0.01
9
9
10
10
10
Reserves
0
382
485
650
824
1,003
Borrowings
0
130
56
66
46
57
Other Liabilities
0
408
362
269
274
374
Total Liabilities
0
929
912
995
1,155
1,444
Fixed Assets
0
207
225
231
275
304
CWIP
0
2
1
3
1
50
Investments
0
0
0
0
61
21
Other Assets
0
720
686
761
817
1,069
Total Assets
0
929
912
995
1,155
1,444

Cash Flow

₹ Cr
DDEVPLSTIK cash flow, annual, ₹ crore
Particulars Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating
0
26
145
116
137
85
Investing
0
−11
−35
−18
−114
−41
Financing
0
−10
−109
−28
−57
−44
Net Cash Flow
0
6
1
70
−34
0
Free Cash Flow
0
8
117
94
80
−11
CFO/EBITDA
—
37
113
67
79
51

Ratios

DDEVPLSTIK financial ratios, annual
Particulars Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days
—
57
53
60
65
69
Inventory Days
—
52
37
38
42
59
Days Payable
—
66
49
34
35
43
Cash Conversion Cycle
—
43
41
64
72
85
Working Capital Days
—
32
40
54
66
76
ROCE %
—
45%
32%
42%
34%
31%

Insights

Beta

AI-extracted from concalls & annual reports · figures as reported, with sources

Log in to view Ddev Plastiks Industries insights

61 extracted metrics across FY20–FY27.

Shareholding Pattern

As of Sep 2026

  • Promoters 75.00%
  • Public 13.95%
  • Others 9.43%
  • FIIs 1.56%
  • DIIs 0.06%

No promoter shares pledged as of 14 Oct 2026

Change vs previous quarter

Documents

Frequently Asked Questions about Ddev Plastiks Industries

What does DDev Plastiks Industries Ltd do?
Incorporated in 2020, DDev Plastiks Industries Ltd manufactures Plastic Compounds
Where is DDev Plastiks Industries Ltd (DDEVPLSTIK) listed?
DDev Plastiks Industries Ltd trades as DDEVPLSTIK on the NSE and under code 543547 on the BSE.
Which sector does DDev Plastiks Industries Ltd belong to?
DDev Plastiks Industries Ltd is classified under the Chemicals sector, in the Specialty Chemicals industry.
What is the PE ratio of DDev Plastiks Industries Ltd?
DDev Plastiks Industries Ltd trades at a PE ratio of 12.52 as of 4 Nov 2026, on earnings per share of ₹20.62, against a book value of ₹97.93 per share.
What is the 52-week high and low of DDev Plastiks Industries Ltd?
Over the last 52 weeks DDev Plastiks Industries Ltd has traded between ₹185.15 and ₹317.3 as of 4 Nov 2026.
Does DDev Plastiks Industries Ltd pay dividends?
DDev Plastiks Industries Ltd has a dividend yield of 0.68%.
What is the Return on Equity (ROE) of DDev Plastiks Industries Ltd?
DDev Plastiks Industries Ltd reported a return on equity of 21.80%. Its debt-to-equity ratio is 0.06.

Company Information

Incorporated in 2020, DDev Plastiks Industries Ltd manufactures Plastic Compounds

Website ddevgroup.in
CEO Mr. Narrindra K. Suranna
Employees 391
Listed 15 Jan 2025
Face Value ₹1

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