Ddev Plastiks Industries Limited reported a 9% increase in net profit to ₹202 crore for the financial year ended March 31, 2026, driven by a 13% year-on-year growth in revenue from operations to ₹2,948 crore. The company's Board of Directors reviewed and approved the audited financial results for the fourth quarter and full year on May 25, 2026. Consequently, the Board has recommended a final dividend of 125%, or ₹1.25 per equity share, for FY26, in addition to an interim dividend of 50% (₹0.50 per share) declared earlier. The total dividend outflow for the year is estimated at ₹181.08 crore, subject to shareholder approval at the Annual General Meeting.

Earnings Call Recording

In compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company has uploaded the audio recording of the earnings conference call conducted on May 26, 2026. The recording covers the financial results for the fourth quarter and financial year ended March 31, 2026. The audio file is available under the "Recording" section within the Earnings Call tab on the company's official website.

Dividend Details

The Board has fixed Saturday, September 19, 2026, as the record date to determine shareholder eligibility for the final dividend. The book closure dates are scheduled from Sunday, September 20, 2026, to Saturday, September 26, 2026. The dividend is declared on equity shares of Re. 1 each. The total outflow for the final dividend is expected to be ₹129.35 crore.

Financial Performance

For the full year ended March 31, 2026, the company reported a net profit of ₹202 crore compared to ₹185 crore in the previous year. Revenue from operations increased to ₹2,948 crore from ₹2,627 crore in FY25. For the quarter ended March 31, 2026, net profit stood at ₹55 crore, while revenue from operations rose to ₹734 crore from ₹692 crore in the corresponding period of the previous year.

Corporate Governance

The Board approved the re-appointment of M/s B. Mukherjee & Co. as Statutory Auditors for a term of five years. Additionally, M/s D. Sabyasachi & Co. were appointed as Cost Auditors and M/s B. Chakrabarti & Associates as Internal Auditors for FY27. The Board also acknowledged fines levied by stock exchanges for non-compliance regarding prior intimation of the interim dividend declared in February 2026.

The board of directors of ddev plastiks industries has approved amendments to the company's Memorandum of Association (MoA) and Articles of Association (AoA) to include Battery Energy Storage System (BESS) and related renewable energy businesses. The proposed amendments are subject to shareholder approval before becoming effective.

Key Details of the Board Resolution

The board's decision marks a formal step toward broadening the company's stated business objectives. The amendments to both the MoA and AoA are designed to reflect the inclusion of BESS and associated renewable energy activities within the company's official scope of operations. The following table summarises the key parameters of this corporate development:

Shareholder Approval Required

As mandated by applicable corporate governance norms, the amendments to the MoA and AoA will require the consent of the company's shareholders before they can be formally enacted. Ddev Plastiks Industries is expected to seek this approval through the requisite shareholder meeting process. Until such approval is obtained, the amendments remain pending and are not yet in force.