Ddev Plastiks Industries Limited · NSE:DDEVPLSTIK
Ddev Plastiks Industries — FY2025 Earnings Presentation
42 slides from Ddev Plastiks Industries's earnings presentation, Jul 25, 2025
Slide 1: Stock exchange intimation letter on investor meetings
Date: 25" July 2025 To To The Manager, The Manager Listing Department, Listing Department BSE Limited, National Stock Exchange of India Ltd, P.J. Towers, Dalal Street, Exchange Plaza, Mumbai - 400 001 Bandra Kurla Complex, Bandra (East), Mumbai- 400051 Scrip Code: 543547 Symbol: DDEVPLSTIK Dear Sir
Slide 2: Ddev Plastiks Industries Ltd. Earning Presentation 4QFY25
Ddev Plastiks Industries Ltd. Leading Manufacturer of Compounds Earning Presentation 4QFY25 Visit Our Website - www.ddevgroup.in
Slide 3: Disclaimer
Disclaimer This presentation contains statements that contain “forward looking statements” including, but without limitation, statements relating to the implementation of strategic initiatives, and other statements relating to Ddev Plastiks Industries Ltd.'s (“Ddev Plastiks” or the Company) future b
Slide 4: Ddev Plastiks: Now listed on NSE
Ddev Plastiks : Now listed on NSE Listing date: 15th January 2025 || NSE Scrip Symbol: DDEVPLSTIK 3
Slide 5: About Us
About Us 5-11
Slide 6: India's Largest Manufacturer of Polymer Compounds
Ddev Plastiks : India’s Largest Manufacturer of Polymer Compounds o 4 Decade of Operations – current capacity 2,33,400 MTPA (as of March, 2025). FY25 Financial Performance o 5 manufacturing units with state-of-the art machinery, infrastructure, equipment, and R&D facilities. Rs.2,603 cr 18% o Divers
Slide 7: Key Highlights of 4Q & FY25
Key Highlights of 4Q & FY25 Listing on NSE Listing Incurred Rs 55 Cr capex in FY25, with a Capex planned outlay of INR 110 Cr for FY26 Ddev Plastiks Key Highlights Capacity FY25 installed capacity stood at 2,33,400 MTPA with capacity utilization & at 81%. India’s largest manufacturer of Utilization
Slide 8: FY25 Management Commentary
FY25 Management Commentary “Ddev Plastiks has delivered a strong performance in FY25, reinforcing its position as a key player in the industry. With revenue reaching ₹2,603 crore and an EBITDA of ₹287 crore at an 11% margin, the company has demonstrated its resilience and growth momentum. This quart
Slide 9: Our Business Value Chain
Our Business Value Chain Ability to scale quickly on back of manufacturing capability and capacity to deliver high quality products. Input Process Output PVC Resin / Polymer Sourcing Raw Material Serving Customers across • PVC Resin Heating sectors • Polymer Sourcing of raw materials • Wire and Cabl
Slide 10: Key USP's
Key USP’s 01 02 03 Operating in five high growth Diversified Revenue Structure; Multi-location setup; categories. Leading supplier of cable compounds in Minimizing transportation costs. India 04 05 06 Strong R&D Infrastructure. Customisation of products with Highly competitive globally. 200+SKU’s. 9
Slide 11: Operating in 5 High Growth Categories with 200+SKU's
Operating in 5 High Growth Categories with 200+SKU’s ❑ Niche Product with high margin ❑ Widely used in Wire & Cable Industry, Construction Industry ❑ Mostly used in White Goods ❑ Global polymer compounding & FMEG Industry market is expected to reach ❑ High growth potential with USD 115bn by FY30 ver
Slide 12: Largest Supplier of Cable Compounds in India
Largest Supplier of Cable Compounds in India Revenue for FY25 is INR 2,603 Cr Revenue Contribution by Geography Revenue Contribution by Product Top 3 Revenue contributing sectors(%) (%) Category (%) 12% 13% 21% 3% 3% 79% 83% 86% India Overseas Poly Vinyl Chloride (PVC) Polythylene(PE) Others Wires a
Slide 13: Investment Thesis
Investment Thesis 13-27
Slide 14: Renewables has emerged as the new unprecedented catalyst
Renewables has emerged as the new unprecedented catalyst Polymer compounding is a preferred material to electrical industry due to properties such as electrical insulation, corrosion inhibition, excellent heat resistance, high tensile and durability and low density. 50% Indian Cable and Wire 817 GW
Slide 15: Sectoral Tailwinds to support growth
Sectoral Tailwinds to support growth Demand Global Polymer Compounding Market Growth (in USD bn) Government Polices • National Infrastructure Pipeline • Urbanization • Har Ghar Bijlee • Changing consumer behavior 115 • Capex cycle uptick • Increasing per capita income • Electrification • Premiumizat
Slide 16: Powering the Future: Key Drivers of Cable & Wire Growth
Powering the Future: Key Drivers of Cable & Wire Growth Factors driving growth in the cables segment Segments ▪ Investments in power transmission and distribution ▪ Capacity addition in solar and wind energy Power Cables ▪ Smart cities mission ▪ Increasing investments in Railways for electrification
Slide 17: Strategically located manufacturing capabilities
Strategically located manufacturing capabilities Installed India's Largest Polymer Compound Manufacturer with Installed Name of the Plant Products manufactured Capacity (MTPA) capacity of 2,33,400 MT as of March ‘25 • Anti fibrillation Compound 12,000 Dhulagarh – West Bengal • Sioplas & Semicon 15,0
Slide 18: Profit more than 6x in 5 years: Focus on High Margin Products
Profit more than 6x in 5 years: Focus on High Margin Products Net Revenue (INR Cr) EBITDA (Rs Cr) & EBITDA Margin % CAGR ~4,500-5,000 CAGR 9% 28% 2,504 2,431 2,603 2,227 282 287 1,711 1,534 12% 186 128 11% 7% 6% 82 5% 74 5% FY20 FY21 FY22 FY23 FY24 FY25 FY30 FY20 FY21 FY22 FY23 FY24 FY25 EBITDA EBIT
Slide 19: Focus on shareholder value creation
Focus on shareholder value creation Margins (%) PAT (INR cr) and EPS (INR per share) 182 185 20% 18% 14% 13% 13% 13% 12% 11% 104 7% 6% 7% 5% 5% 7% 55 4% 2% 27 2% 1% 21 17.93 FY20 FY21 FY22 FY23 FY24 FY25 17.56 11.07 2.93 2.25 5.82 Gross Margin EBITDA Margin PAT Margin FY20 FY21 FY22 FY23 FY24 FY25 P
Slide 20: Strong Balance Sheet to support future growth
Strong Balance Sheet to support future growth Net-worth (INR cr) Leverage Ratios Net Asset Turnover Ratio 835 660 1.3 1.2 10.79 11.15 494 10.54 9.62 392 8.18 0.7 7.64 337 316 0.3 0.3 0.2 0.2 0.1 0.0 0.0 0.0 FY20 FY21 FY22 FY23 FY24 FY25 FY20 FY21 FY22 FY23 FY24 FY25 FY 20 FY 21 FY 22 FY 23 FY 240.0
Slide 21: Pioneering Product Launches Powered by Extensive R&D
Pioneering Product Launches Powered by Extensive R&D • Started manufacturing of Anti • Received Third Party Track (Track Resistant) approval for India’s first • Started Compound suitable for 36 KV. It locally produced Water • R&D on producing • Next focus going manufacturing PE will find big demand
Slide 22: Enhancing Profitability Through Better Realizations
Enhancing Profitability Through Better Realizations Significant Growth: EBITDA Per Ton Increased by 2.5x in the Last 6 Years Revenue Per Ton EBITDA Per Ton *In Rs *In Rs 16,909 15,153 1,73,887 1,59,044 12,897 1,45,830 1,37,453 1,22,947 1,23,628 9,134 5,910 5,995 FY 20 FY 21 FY 22 FY 23 FY 24 FY25 FY
Slide 23: Annual Operational Performance
Annual Operational Performance Particulars FY21 FY22 FY23 FY24 FY25 Antifab Installed Capacity 50,000 36,000 36,000 20,500 20,500 % Utilization 55% 96% 76% 111% 89% PVC Compounds 44,000 44,000 44,000 44,000 44,000 % Utilization 54% 42% 48% 57% 66% Sioplas/XLPE/Semicons 1,28,500 1,42,500 1,42,500 1,5
Slide 24: Quarterly Operational Performance Trend
Quarterly Operational Performance Trend FYE March, 4QFY24 1QFY25 2QFY25 3QFY25 4QFY25 Antifab Installed Capacity 36,000 20,500 20,500 20,500 20,500 % Utilization 56% 85% 95% 89% 89% PVC Compounds Installed Capacity 44,000 44,000 44,000 44,000 44,000 % Utilization 63% 63% 57% 67% 77% Sioplas/XLPE/Sem
Slide 25: Expanding XLPE Capacity: A Strategic Choice
Expanding XLPE Capacity: A Strategic Choice Enhanced Safety and Temperature Mechanical Strength Chemical Resistance Accuracy Resistance ❑ XLPE cables offer superior ❑ They are highly resistant to ❑ XLPE cables possess strong ❑ They exhibit excellent electrical insulation, improving temperature fluct
Slide 26: Penetrating in India and overseas markets
Penetrating in India and overseas markets Geographical revenue structure (INR cr) Leading supplier across sectors 2052 1823 1187 968 905 1063 Power Oil & Gas Construction Non-Metal 787 671 608 551 349 267 FY20 FY21 FY22 FY23 FY24 FY25 Revenue from International Business Revenue from Domestic Busines
Slide 27: HFFR Cables
HFFR Cables 1. HFFR used in Solar Panels Halogen Free In FY24 : By 2030: India’s HFFR market value India’s HFFR market expected to Flame stands at USD 613.25 increase to USD 778.87 million • Usage : used in the insulation and outer sheath of photovoltaic Retardant million, growing at a CAGR Estimate
Slide 28: Key Priorities: Our Focus Areas
Key Priorities: Our Focus Areas ⮚ R&D on producing XLPE compounds of 132kv. Moving up the value chain ⮚ Going upto 220kv in the future. Volume Growth ⮚ Awaiting under writers approval for direct exports to Americas. Margin Expansion Entering new geographies ⮚ Tapping newer geographies. ⮚ Increasing
Slide 29: Financials
Financials 29-32
Slide 30: FY25 Key Result Highlights
FY25 Key Result Highlights Revenue (INR Cr) EBITDA (INR Cr) 7% 2% YoY YoY • In the fiscal, we experienced strong 2,431 2,603 demand from the Cables segment, and 282 287 our ongoing efforts to shift the product mix towards niche and high-voltage products led to better growth in volumes led by demand
Slide 31: 4Q & FY25 Financial Performance
4Q & FY25 Financial Performance Particulars (INR in Cr) 4QFY25 4QFY24 YoY(%) 3QFY25 QoQ(%) FY25 FY24 YoY(%) Revenue from Operations 737 597 23 661 11% 2,603 2,431 7% EBITDA 79 92 -14% 75 6% 287 282 2% EBITDA Margin % 11% 15% -461bps 11% -57bps 11% 12% -57bps Depreciation 4 4 0% 4 17% 15 14 6% Earnin
Slide 32: Historical Income Statement
Historical Income Statement Particulars (INR in Cr) FY 21 FY 22 FY 23 FY 24 FY 25 Revenue from Operations 1,534 2,227 2,504 2,431 2,603 Gross Profit 199 291 355 475 476 EBITDA 74 128 186 282 287 EBITDA Margin % 5% 6% 7% 12% 11% Depreciation 11 12 12 14 15 Earnings Before Interest & Tax 64 116 174 26
Slide 33: Historical Balance Sheet
Historical Balance Sheet Particulars (INR in Cr) FY 22 FY 23 FY 24 FY 25 Particulars (INR in Cr) FY 22 FY 23 FY 24 FY 25 (a) Equity Share Capital 9 9 10 10 Non-Current Assets (b) Other Equity 382 485 650 824 Tangible Assets 206 225 231 271 Total Equity 392 494 660 835 Other Intangible Assets 0 0 0 0
Slide 34: Annexures
Annexures 34-41
Slide 35: Major Milestones Achieved
Major Milestones Achieved • Set up of Engineering Plastic Compounding 2017 unit at Daman 2014 • Setting up of XLPE Compounding facility at • Started manufacture of PE Compounds for Surangi, Dadra & Nagar Haveli 66-72 KV • We set up the XLPE capacity for additional Diversification quantity of 12,000
Slide 36: Experienced Board of Directors
Experienced Board of Directors Mr. Narrindra Suranna Mr. Ddev Surana Chairman & Managing Director Whole Time Director and CEO • Associated with Company since inception. Wide • Dynamic business leader and key driving force of Company. experience in Plastic Industry, Company has • B.Com (Hons.) from S
Slide 37: Leadership Team
Leadership Team Mr. Arihant Bothra Ms. Tanvi Goenka Chief Financial Officer Company Secretary • He is an Associate member of Institute of Chartered • She is a graduate in commerce and has received her Accountants of India and an IIM Calcutta Alumni. Vast membership of Institute of Company Secretarie
Slide 38: Accreditations and Industry Recognition
Accreditations and Industry Recognition ISO Certificates KEMA Approval CPRI Approval CACT Approval VDE Approval XLPE ROHS TESTS POWERGRID Approval UL Approval NTPC ERDA NFC French Labs PVC ROHS REACH TESTS (3.3kv insulations) 01 37
Slide 39: Sustainability at the Core
Sustainability at the Core Undertaken the CSR Initiative of providing Distributed balanced nutrition food to School Planted over 500 trees Nutrition Supplement to TB patients in Students at Surangi Govt. High School at manufacturing units and schools Surangi Village. Installed 1MW Solar Power Panels
Slide 40: Diversified Customers - Domestic
Diversified Customers - Domestic Top clientele constitutes of prominent domestic and global companies Well established relationships with renowned clientele provide stability to revenues and drive business going forward 01 39
Slide 41: Diversified Customers - Exports
Diversified Customers - Exports 40
Slide 42: For further information, please get in touch
For further information, please get in touch with Saloni Ajmera Tanvi Goenka, CS Go India Advisors Ddev Plastiks Industries Ltd Tel: +91-99305 77801 Email: tanvi.goenka@ddevgroup.in Email: saloni@goindiaadvisors.com Sheetal Khanduja Go India Advisors Arihant Bothra, CFO Tel: +91-97693 64166 Ddev Pla
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