DDEV Plastiks Industries Reports 17% Revenue Growth in Q2, Net Profit Rises 5.3%
Ddev Plastiks Industries, a leading polymer compounds manufacturer, announced Q2 FY2025-26 results with revenue up 17.2% to ₹680.15 crore and net profit increasing 5.3% to ₹47.11 crore year-over-year. EBITDA marginally grew to ₹63.90 crore, but EBITDA margin contracted to 9.40% from 10.98%. Half-year performance showed total income of ₹1,466.61 crore and net profit of ₹99.26 crore. The company's balance sheet reported total assets of ₹1,227.80 crore and total equity of ₹915.85 crore as of September 30, 2025. A final dividend of ₹1.75 per share for FY2024-25 was paid in September 2025.
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Ddev Plastiks Industries , a leading manufacturer of polymer compounds, has announced its financial results for the second quarter of the fiscal year 2025-26, showcasing robust growth in revenue and a modest increase in profitability.
Key Financial Highlights
| Particulars (in crore rupees) | Q2 FY2025-26 | Q2 FY2024-25 | YoY Change |
|---|---|---|---|
| Revenue from Operations | 680.15 | 580.35 | +17.2% |
| Net Profit | 47.11 | 44.72 | +5.3% |
| EBITDA | 63.90 | 63.70 | +0.3% |
| EBITDA Margin | 9.40% | 10.98% | -158 bps |
Ddev Plastiks Industries has reported a significant year-over-year revenue growth of 17.2% in the second quarter of FY2025-26, with revenue from operations reaching 680.15 crore rupees, up from 580.35 crore rupees in the same quarter of the previous fiscal year.
The company's net profit for Q2 FY2025-26 stood at 47.11 crore rupees, marking a 5.3% increase from 44.72 crore rupees reported in Q2 FY2024-25. This growth in profitability, while positive, was not as pronounced as the revenue growth, suggesting potential cost pressures or changes in the business environment.
Operational Performance
Ddev Plastiks Industries' EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) saw a marginal increase to 63.90 crore rupees in Q2 FY2025-26, compared to 63.70 crore rupees in the corresponding quarter of the previous year. However, the EBITDA margin contracted to 9.40% from 10.98% year-over-year, indicating some challenges in maintaining profitability margins amid rising revenues.
Half-Yearly Performance
For the half-year ended September 30, 2025, Ddev Plastiks Industries reported:
- Total income of 1,466.61 crore rupees
- Profit before tax of 133.29 crore rupees
- Net profit of 99.26 crore rupees
These figures demonstrate the company's consistent performance over the first half of the fiscal year.
Balance Sheet Highlights
As of September 30, 2025, Ddev Plastiks Industries reported:
- Total assets of 1,227.80 crore rupees
- Total equity of 915.85 crore rupees
- Current assets of 890.36 crore rupees, including inventories of 291.62 crore rupees and trade receivables of 429.73 crore rupees
The company's strong balance sheet position, with substantial equity, suggests a solid financial foundation to support future growth initiatives.
Dividend Information
The company declared a final dividend of 1.75 rupees per equity share (175%) for the year ended March 31, 2025, which was paid in September 2025, totaling 18.11 crore rupees.
Ddev Plastiks Industries continues to demonstrate its ability to grow in the polymer compounds market. While the company has shown impressive revenue growth, managing operational efficiency and profitability margins may be key focus areas for the management in the coming quarters. Investors and stakeholders will likely be watching how the company navigates the balance between growth and profitability in the evolving market landscape.
