Ddev Plastiks Industries Reports Robust Q1 Performance with 23% Growth in Net Profit and Revenue
Ddev Plastiks Industries Limited announced strong Q1 FY2025-26 results with net profit rising 23% to ₹521.51 crore. Revenue grew 23% to ₹7,692.16 crore, while EBITDA increased to ₹729.00 crore. The company's EBITDA margin improved slightly to 9.48%. Chairman Narendra Suranna attributed the performance to operational excellence and market expansion. The polymer compounds manufacturer saw increased demand across various industries, positioning it well for future growth.
23Jul 25
Ddev Plastiks Reports Strong Performance with 7% Revenue Growth
Ddev Plastiks Industries Limited reported a 7% year-on-year revenue growth to Rs 2,603.00 crore. EBITDA and PAT both grew by 2% YoY to Rs 287.00 crore and Rs 185.00 crore respectively. The company achieved its highest-ever quarterly volume of 51,000 MT in Q4, contributing to an annual volume of 190,000 MT, a 14% YoY growth. Ddev Plastiks successfully listed on NSE, received a credit rating upgrade from CRISIL, and plans further capacity expansion with a Rs 110.00 crore outlay. The company aims to reach Rs 5,000.00 crore in revenue by FY2030 while maintaining double-digit EBITDA margins.
22Jul 25
Ddev Plastiks Reports 7% Revenue Growth to Rs 2,603 Cr, Targets Rs 5,000 Cr by FY30
Ddev Plastiks Industries Limited, India's largest polymer compounds manufacturer, reported robust financial results. Revenue increased 7% to Rs 2,603.00 crore, with EBITDA at Rs 287.00 crore (11% margin) and net profit at Rs 185.00 crore (7% margin). Production volume grew 14% to 190,000 MT. The company maintained 81% capacity utilization across five manufacturing units. CRISIL upgraded its credit rating to A+/Stable for long-term and A1+ for short-term. Ddev Plastiks outlined a Rs 110.00 crore capex plan for next fiscal year and targets Rs 5,000.00 crore revenue by FY30.
15May 25
DDEV Plastiks Industries Reports Mixed Q4 Results with Revenue Growth and Profit Decline
DDEV Plastiks Industries' Q4 financial results show a 24% year-over-year revenue increase to ₹7.40 billion. However, profitability declined with EBITDA falling to ₹765.00 million from ₹838.30 million, EBITDA margin dropping to 10.38% from 14.04%, and net profit decreasing to ₹517.00 million from ₹615.30 million year-over-year. Despite this, net profit improved quarter-over-quarter from ₹466.00 million to ₹517.00 million.