Ddev Plastiks Industries has delivered impressive financial results for the nine months of FY26, demonstrating sustained growth momentum despite challenging geopolitical conditions. The company's strategic initiatives in capacity expansion and diversification into renewable energy sectors have contributed to its robust performance across key financial metrics.

Financial Performance Highlights

The company's financial performance for 9MFY26 showcased strong growth across all major parameters:

The export performance was particularly noteworthy, with exports reaching ₹523 crore, reflecting a substantial 33% year-on-year growth. This strong export performance demonstrates the company's expanding international presence and market acceptance of its products.

Earnings Call Recording Available

Following regulatory compliance requirements, Ddev Plastiks Industries has uploaded the audio recording of its earnings conference call conducted on February 10, 2026, for Q3FY26 results. The recording has been made available on the company's website at www.ddevgroup.in under the "Recording" section within the Earnings Call tab.

Strategic Diversification into BESS Manufacturing

Ddev Plastiks has made a decisive strategic move to enter the Battery Energy Storage Systems (BESS) manufacturing sector, capitalizing on India's renewable and power sector growth momentum. This diversification positions the company at the forefront of the energy transformation landscape, leveraging the global energy storage market's rapid evolution and expansion driven by worldwide decarbonization objectives and renewable energy integration.

Capacity Enhancement Initiatives

The company's capacity enhancement programs progressed according to schedule during the quarter:

All capex plans have been funded through internal accruals, reflecting the company's strong balance sheet and cash generation capabilities. The company is also planning further capacity expansions in XLPE compounds, where it already commands an impressive market share of approximately 33%.

Market Position and Growth Drivers

The company operates across multiple segments including Power Cables, Building Wires, and Control & Instrumentation Cables. Growth drivers across these segments include investments in power transmission and distribution, capacity additions in solar and wind energy, smart cities mission, affordable housing schemes, and increased industrial capex across sectors such as Auto, Steel, Oil and Gas, and Power.

Ddev Plastiks Industries Limited has announced an interim dividend of Rs 0.50 per equity share, as approved by the Board of Directors at their meeting held on February 10, 2026. The dividend represents a 50% payout on the face value of Re 1 per share.

Dividend Declaration Details

The company's Board of Directors convened on Tuesday, February 10, 2026, to approve the interim dividend payment for the financial year 2025-26. This decision was communicated to both BSE Limited and National Stock Exchange of India through official regulatory filings.

Regulatory Compliance

The dividend declaration was made in accordance with Regulation 30, 42, and 43 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The announcement was formally communicated to the stock exchanges through proper regulatory channels, with the filing digitally signed by Company Secretary Tanvi Goenka on February 10, 2026.

Shareholder Information

Shareholders holding equity shares as of the record date of February 20, 2026, will be eligible to receive the interim dividend. The company has committed to disbursing the dividend within the statutory timeline of 30 days from the date of declaration, ensuring compliance with regulatory requirements.

Company Operations

Ddev Plastiks Industries Limited operates from its registered office at 2B, Pretoria Street, Kolkata - 700 071, with additional operations from its Mumbai office located at 1501, 15th Floor, Lodha Supremus, Senapati Bapat Road, Lower Parel West, Mumbai – 400 013. The company is incorporated under CIN: L24290WB2020PLC241791, with Company Secretary Tanvi Goenka (ACS 31176) handling regulatory compliance matters.