Key Financials Snapshot

TTM · Standalone · ₹ in Cr
Market Cap
₹2399 Cr.
Stock P/E
11.9
P/B
2.4
Current Price
₹254.8
Book Value
₹ 104.1
Face Value
1
52W High
₹319
52W Low
₹ 187.5
Dividend Yield
—

Ddev Plastiks Inds. Overview

Business

Ddev Plastiks Industries Ltd. is engaged in the manufacturing and sale of various plastic products. While specific product details are not provided, companies in this sector typically produce a range of items including plastic films, sheets, pipes, molded articles, and other industrial or consumer-grade plastic components. The company's core business model involves sourcing raw materials (primarily plastic polymers derived from crude oil), processing them into finished plastic goods using various manufacturing techniques (e.g., extrusion, injection molding, blow molding), and then selling these products to a diverse customer base. It makes money by adding value through manufacturing and distribution, selling its products to industrial clients, consumer goods companies, infrastructure projects, and potentially directly to consumers or through a distributor network.

Revenue Mix

Specific revenue breakdown by product segment is not publicly available without access to detailed financial reports. However, based on the general "Plastic Products" industry, Ddev Plastiks Industries Ltd. likely operates across several potential segments, which could include:

Packaging Films: Used for food, FMCG, industrial packaging.

Pipes & Fittings: For agriculture, plumbing, industrial applications.

Molded Products: Such as containers, components for automotive or electronics, household items.

Industrial Plastics: Custom components for various manufacturing industries.

Specialty Plastics: Niche applications requiring specific properties.

The contribution from each of these or other potential segments would determine the company's revenue mix.

Industry

The Indian plastic products industry is large, diverse, and growing, driven by increasing domestic consumption, infrastructure development, and growth in end-user industries like packaging, automotive, construction, and agriculture. The industry is generally fragmented with numerous small and medium-sized players, alongside a few large integrated manufacturers. It is highly dependent on crude oil prices for raw materials (polymers). Ddev Plastiks Industries Ltd. likely positions itself as a manufacturer catering to specific segments or geographic regions within this competitive landscape. Its positioning could be based on cost-efficiency, product quality, customization capabilities, or established distribution networks.

MOAT

Ddev Plastiks Industries Ltd. operates in an industry that can be quite commoditized, making sustainable competitive advantages challenging. Potential moats could include:

Scale and Operational Efficiency: Large production volumes can lead to economies of scale, lower per-unit costs, and better bargaining power with raw material suppliers. Efficient manufacturing processes and technology can further reduce costs.

Product Diversification/Specialization: A broad product portfolio or specialization in high-value, niche plastic products can reduce reliance on any single market segment and offer better margins.

Strong Distribution Network & Customer Relationships: An extensive and efficient distribution network can ensure market penetration. Long-standing relationships with key industrial clients or strong brand recognition (if applicable for its specific products) can create switching costs.

Backward/Forward Integration: If the company has integrated backward into raw material production or forward into specific end-user applications, it could gain a cost or market advantage.

Without specific information, the company's moat is likely derived from operational excellence, customer stickiness within its specific niches, and potentially its scale within its chosen product categories.

Growth Drivers

Key factors that can drive Ddev Plastiks Industries Ltd.'s growth over the next 3-5 years include:

Rising Domestic Consumption: India's growing population, increasing disposable incomes, and urbanization will drive demand for packaged goods, consumer durables, and infrastructure, all of which require plastic products.

Infrastructure Development: Government initiatives in housing, water management, sanitation, and transportation will fuel demand for plastic pipes, fittings, and construction materials.

E-commerce and FMCG Growth: Expansion of e-commerce and the fast-moving consumer goods (FMCG) sector will significantly boost demand for flexible and rigid plastic packaging.

Product Diversification and Value-Added Products: Investing in R&D to develop new, innovative, or specialized plastic products with higher margins.

Capacity Expansion: Increasing manufacturing capacity to meet growing demand and expand market share.

Export Opportunities: Tapping into international markets for specific plastic products.

Risks

Raw Material Price Volatility: Plastic polymers are derivatives of crude oil. Significant fluctuations in crude oil prices can directly impact input costs and profitability.

Environmental Regulations: Increasing global and domestic pressure against plastic pollution could lead to stricter regulations, bans on certain plastic types, or mandates for recycling, requiring significant operational changes and capital expenditure.

Intense Competition: The Indian plastic industry is competitive, leading to pricing pressures and potential margin erosion.

Economic Downturn: A slowdown in the broader economy or specific end-user industries (e.g., automotive, construction) could reduce demand for plastic products.

Technological Obsolescence: Rapid changes in materials science or manufacturing technologies could require continuous investment to remain competitive.

Foreign Exchange Fluctuations: If the company imports raw materials or exports finished goods, adverse movements in currency exchange rates could impact profitability.

Management & Ownership

Ddev Plastiks Industries Ltd. is likely a promoter-led company, which is common in India. Promoter holdings typically represent a significant portion of the ownership, reflecting their long-term commitment to the business. The quality of management would be assessed based on their strategic vision, execution capabilities, financial discipline, corporate governance practices, and ability to navigate industry challenges. A stable and experienced management team with a proven track record is crucial for sustained growth. Ownership typically includes promoter families, institutional investors (domestic and foreign), and public shareholders.

Outlook

Ddev Plastiks Industries Ltd. operates in a structurally growing industry in India, benefiting from strong demographic trends, increasing consumption, and significant government-led infrastructure spending. The fundamental demand for plastic products across various sectors provides a robust backdrop for the company's expansion. However, the business is exposed to considerable external risks, particularly the volatility of raw material prices and the evolving landscape of environmental regulations concerning plastics. The ability of Ddev Plastiks to mitigate these risks through efficient operations, strategic raw material procurement, product innovation (potentially focusing on recyclable or sustainable solutions), and diversification of its customer base will be critical for its long-term profitability and market position. While the growth trajectory for plastic products in India remains positive, companies in this sector must continuously adapt to maintain competitiveness and address environmental concerns.

Ddev Plastiks Inds. Share Price

Live · BSE / NSE · Inception: 2020
₹ | |
Volume
Price

Key Financials — Profit & Loss

₹ in Cr · Standalone · annual

Ddev Plastiks Inds. Quarterly Results

#(Fig in Cr.) Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026 Jun 2026
Net Sales 597 625 580 661 737 769 680 733 766 989
Other Income 8 6 5 4 3 6 11 4 12 10
Total Income 605 632 585 665 740 776 691 737 778 999
Total Expenditure 513 567 517 590 660 696 616 657 691 898
Operating Profit 92 65 68 75 79 79 75 80 86 101
Interest 5 4 5 7 6 6 7 8 8 11
Depreciation 4 3 4 4 4 4 4 5 5 5
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 82 57 60 64 69 70 64 67 73 85
Provision for Tax 21 14 16 18 17 18 16 19 19 21
Profit After Tax 62 42 45 47 52 52 47 48 55 64
Adjustments 0 0 -0 0 0 0 -0 0 0 -0
Profit After Adjustments 62 42 45 47 52 52 47 48 55 64
Adjusted Earnings Per Share 5.9 4.1 4.3 4.5 5 5 4.6 4.6 5.3 6.2

Ddev Plastiks Inds. Profit & Loss

#(Fig in Cr.) Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026 TTM
Net Sales 0 2227 2504 2431 2603 2948 3168
Other Income 0 22 26 24 18 34 37
Total Income 0 2249 2530 2455 2621 2981 3205
Total Expenditure 0 2121 2344 2173 2334 2661 2862
Operating Profit -0 128 186 282 287 320 342
Interest 0 41 33 23 21 29 34
Depreciation 0 12 12 14 15 18 19
Exceptional Income / Expenses 0 0 0 0 0 0 0
Profit Before Tax -0 76 140 245 251 274 289
Provision for Tax 0 21 36 63 65 72 75
Profit After Tax -0 55 104 182 185 202 214
Adjustments 0 0 0 0 0 0 0
Profit After Adjustments -0 55 104 182 185 202 214
Adjusted Earnings Per Share -3.2 0 10.1 17.6 17.9 19.5 20.7

Ddev Plastiks Inds. Balance Sheet

#(Fig in Cr.) Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Shareholder's Funds 0 392 494 660 835 1013
Minority's Interest 0 0 0 0 0 0
Borrowings 0 0 0 0 0 0
Other Non-Current Liabilities 0 27 28 26 34 33
Total Current Liabilities 0 510 390 357 346 455
Total Liabilities 0 929 912 1044 1214 1501
Fixed Assets 0 207 225 231 275 304
Other Non-Current Assets 0 11 16 16 19 69
Total Current Assets 0 711 671 797 921 1128
Total Assets 0 929 912 1044 1214 1501

Ddev Plastiks Inds. Cash Flow

#(Fig in Cr.) Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Opening Cash & Cash Equivalents 0 8 6 7 77 43
Cash Flow from Operating Activities -0 26 145 116 137 85
Cash Flow from Investing Activities 0 -18 -35 -18 -114 -41
Cash Flow from Financing Activities 0 -10 -109 -28 -57 -44
Net Cash Inflow / Outflow 0 -2 1 70 -34 0
Closing Cash & Cash Equivalent 0 6 7 77 43 43

Ddev Plastiks Inds. Ratios

# Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Earnings Per Share (Rs) -3.18 0 10.06 17.56 17.93 19.5
CEPS(Rs) -3.18 0 11.23 18.93 19.38 21.22
DPS(Rs) 0 0.24 0.91 1.5 1.75 1.75
Book NAV/Share(Rs) 5.91 0 47.76 63.77 80.67 97.93
Core EBITDA Margin(%) 0 4.74 6.39 10.62 10.33 9.73
EBIT Margin(%) 0 5.23 6.93 11.01 10.45 10.26
Pre Tax Margin(%) 0 3.39 5.61 10.06 9.63 9.28
PAT Margin (%) 0 2.46 4.16 7.47 7.13 6.85
Cash Profit Margin (%) 0 2.98 4.64 8.06 7.7 7.45
ROA(%) -4.01 11.79 11.31 18.58 16.43 14.86
ROE(%) -53.85 28.64 23.75 31.48 24.82 21.84
ROCE(%) -4.05 44.67 32.42 41.96 33.94 31.15
Receivable days 0 57.15 51.88 57.15 60.61 63.16
Inventory Days 0 45.19 35.97 31.75 31.38 39.27
Payable days 0 6.64 18.45 23.67 15.96 14.43
PER(x) 0 0 7.14 9.76 14.24 9.7
Price/Book(x) 0 0 1.5 2.69 3.16 1.93
Dividend Yield(%) 0 0 1.27 0.88 0.69 0.93
EV/Net Sales(x) 0 0.06 0.32 0.72 1.01 0.67
EV/Core EBITDA(x) -0.77 0.96 4.26 6.25 9.2 6.14
Net Sales Growth(%) 0 0 12.43 -2.9 7.08 13.24
EBIT Growth(%) 0 0 49.19 54.21 1.58 11.23
PAT Growth(%) 0 0 90.02 74.52 2.11 8.8
EPS Growth(%) 0 100 0 74.53 2.11 8.8
Debt/Equity(x) 12.31 0.34 0.11 0.1 0.05 0.05
Current Ratio(x) 1.08 1.39 1.72 2.23 2.66 2.48
Quick Ratio(x) 1.08 0.85 1.16 1.66 1.96 1.62
Interest Cover(x) 0 2.85 5.22 11.61 12.77 10.49
Total Debt/Mcap(x) 0 0 0.08 0.04 0.02 0.03

Growth Rates

Compounded annual
# 1 Year 3 Year 5 Year 10 Year
Sales CAGR +13% +6% — —
Operating Profit CAGR +11% +20% — —
PAT CAGR +9% +25% — —
Share Price CAGR -19% +9% — —
ROE Average +22% +26% +26% +13%
ROCE Average +31% +36% +37% +30%

Ddev Plastiks Inds. Shareholding Pattern

Latest · Sep 2026
100% held
Promoters 75 %
FII 1.56 %
DII (MF + Insurance) 0.06 %
Public (retail) 23.38 %
# Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026 Jun 2026 Sep 2026
Promoter 74.98757575757575757575
FII 0.020.030.030.360.361.130.90.91.461.56
DII 0.310.260.490.521.150.80.960.640.090.06
Public 24.6924.7124.4924.1223.523.0723.1523.4723.4623.38
Others 0000000000
Total 100100100100100100100100100100

Ddev Plastiks Inds. Peer Comparison

Plastic Products Edit Columns

Ddev Plastiks Inds. Quarterly Price

10-year quarterly close · BSE
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News & Updates

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Ddev Plastiks Inds. Pros & Cons

Pros

  • Company has a good return on equity (ROE) track record: 3 Years ROE 26%
  • Debtor days have improved from 15.96 to 14.43days.
  • Company is almost debt free.

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend.
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