Ddev Plastiks Industries Limited · NSE:DDEVPLSTIK
Ddev Plastiks Industries — Q3 FY26 Earnings Presentation
44 slides from Ddev Plastiks Industries's earnings presentation, Feb 10, 2026
Slide 1: Outcome of Board Meeting cover letter to stock exchanges
DDEV PLASTIKS Date: 10" February, 2026 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 Scrip Cod
Slide 2: Earnings Presentation Q3FY26 & 9MFY26
Ddev Plastiks Industries Ltd. Leading Manufacturer of Compounds Earning Presentation Q3FY26 & 9MFY26 www.ddevgroup.in
Slide 3: 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 business d
Slide 4: About Us
About Us 4-10
Slide 5: Ddev Value Proposition
Financials A+ Stable Ddev Value Proposition 01 An experienced Management Team 05 Well diversified client base and product mix India’s Largest Listed Polymer Compound 08 Strong Financial Headroom 02 Supplier 03 Value Creation through Innovation 0 Conservative Financial Strategy 9 04 A Proud Legacy Sp
Slide 6: India's Largest Listed Manufacturer of Polymer Compounds
Ddev Plastiks : India’s Largest Listed Manufacturer of Polymer Compounds 9MFY26 Financial Performance 4 Decade of Operations – current capacity 2,68,400 MTPA (as of December, 2025). 5 manufacturing units with state-of-the art machinery, infrastructure, equipment, and R&D facilities. Rs 2,182 cr 17%
Slide 7: Management's Commentary on 3Q & 9MFY26 results
Management's Commentary on 3Q & 9MFY26 results “I am pleased to announce that Ddev Plastiks has delivered a robust performance for the nine months of FY26. Revenue reached ₹2,182 crore, marking a 17% year-on-year increase. EBITDA grew by 13% year-on-year to ₹234 crore, representing an 11% margin, wh
Slide 8: Business update: Greenfield expansion
Business update: Greenfield expansion Capacity Expansion Previous Capacity New Capacity HFFR 5,000 Mtpa 10,000 Mtpa 5,000 Existing Capacity PVC 44,000 Mtpa 69,000 Mtpa 25,000 HFFR is expected to replace PVC house wiring cables and the government has mandated its use in Malls, Metro Stations, Hospita
Slide 9: BESS Market Outlook
BESS (Battery Energy Storage Systems) Market Outlook 186.9 Global Market Growth The global BESS market is expected to grow rapidly, driven by increasing renewable integration, grid modernisation, and industrial demand. Estimates suggest the global market could expand from ~$56.3B in 2024 to ~$68
Slide 10: New Strategic Move into BESS
DDev Plastiks: New Strategic Move into BESS Execution Plan 1. Structural Growth Opportunity Early Entry with Scalable Platform • BESS is a critical enabler for • Entering the market at a renewable energy integration formative stage allows DDev to establish EPC relationships and Facility & Capacity a
Slide 11: 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 PVC Resin Sourcing of raw across sectors materials Polymer • Wire and Cable Compounds Hea
Slide 12: Key USPs
Key USP’s Diversified Highly competitive Revenue globally. Structure; Strong Leading supplier R&D of cable Infrastructure. compounds in India. Operating in five high growth categories. Multi - location setup; Minimizing transportation costs. Customisation of products with 200+SKU’s. 11
Slide 13: Operating in 5 High Growth Categories with 200+ SKUs
Operating in 5 High Growth Categories with 200+SKU’s Antifab / Filled Compounds / PVC Sioplas / XLPE Engineering Plastic Halogen Free Flame Master Batches Compounds Compounds / Semicons Compounds Retardant (HFFR) • Amongst the two producers • Extensively used in • Niche Product with • Mostly used in
Slide 14: Largest Supplier of Cable Compounds in India
Largest Supplier of Cable Compounds in India Revenue for Q3FY26 is INR 733Cr Revenue Contribution by Geography (%) Revenue Contribution by Product Category (%) Top 3 Revenue contributing sectors(%) India Overseas Poly Vinyl Chloride (PVC) Polythylene(PE) Others Wires and Cable Industry Packaging Ind
Slide 15: Investment Thesis
Investment Thesis 11-26
Slide 16: Renewables has emerged as the new 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. 817 GW India’s power 50% Cumulati
Slide 17: Sectoral Tailwinds to support growth
Sectoral Tailwinds to support growth Global Polymer Compounding Market Growth Demand (in USD bn) Government Polices • Urbanization • National Infrastructure Pipeline • Changing consumer behavior • Har Ghar Bijlee 115 • Increasing per capita income • Capex cycle uptick CAGR • Premiumization 6.5% • El
Slide 18: 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 • Smart cities mission Cables • Increasing investments in Railways for electrification
Slide 19: Strategically located manufacturing capabilities
Strategically located manufacturing capabilities Name of Products Installed India's Largest Polymer Compound Manufacturer with the Plant Manufactured Capacity (MTPA) Installed capacity of 2,68,400 MT as of December ‘25 • Anti fibrillation Compound 6,000 Dhulagarh – • Sioplas & Semicon 20,000 Five mo
Slide 20: 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 CAGR 9% 28% ~5,000 282 287 11% 12% 11% 234 186 7% 2,504 2,603 128 2,431 6% 2,227 2,182 82 1,711 74 5% 1,534 5% FY20 FY21 FY22 FY23 FY24 FY25 9MFY26 FY20 FY21 FY22 FY23 FY24 FY25 9
Slide 21: Focus on shareholder value creation
Focus on shareholder value creation Margins (%) PAT (INR cr) and EPS (INR per share) 182 185 20% 18% 147 17% 14% 13% 13% 13% 12% 11% 11% 104 7% 5% 5% 6% 7% 55 7% 7% 4% 27 21 2% 2% 1% 11.07 17.56 17.93 14.23 2.93 2.25 5.82 FY20 FY21 FY22 FY23 FY24 FY25 9MFY26 FY20 FY21 FY22 FY23 FY24 FY25 9MFY26 Gros
Slide 22: Strong Balance Sheet to support future growth
Strong Balance Sheet to support future growth Net-worth (INR cr) Leverage Ratios(x) Net Asset Turnover Ratio(x) 835 660 1.3 1.2 10.79 11.15 10.54 494 9.62 8.18 392 7.64 337 0.7 316 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 0.0
Slide 23: Pioneering Product Launches Powered by Extensive R&D
Pioneering Product Launches Powered by Extensive R&D Next focus Received Third going Party approval for upto 220KV. India’s first locally R&D on produced Water producing PE Started Tree Retardant manufacturing of compounds of (WTR XLPE 132 KV cables. Anti Track (Track Insulation) Resistant) Compound
Slide 24: 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 16,878 15,728 15,137 174,344 162,102 12,931 145,556 144,080 137,318 119,980 9,309 5,819 FY21 FY22 FY23 FY24 FY25 Q3FY26 FY21 FY22
Slide 25: Annual Operational Performance
Annual Operational Performance Particulars FY21 FY22 FY23 FY24 FY25 9MFY26 Antifab Installed Capacity 50,000 36,000 36,000 20,500 20,500 20,500 % Utilization 55% 96% 76% 111% 89% 82% PVC Compounds 44,000 44,000 44,000 44,000 44,000 69,000 % Utilization 54% 42% 48% 57% 66% 67% Sioplas/XLPE/Semicons 1
Slide 26: Quarterly Operational Performance Trend
Quarterly Operational Performance Trend FYE March Q3FY25 Q1FY26 Q2FY26 Q3FY26 Antifab Installed Capacity 20,500 20,500 20,500 20,500 % Utilization 89% 91% 75% 79% PVC Compounds Installed Capacity 44,000 44,000 44,000 69,000 % Utilization 67% 74% 82% 60% Sioplas/XLPE/Semicons Capacity 1,61,500 1,66,5
Slide 27: Expanding XLPE Capacity: A Strategic Choice
Expanding XLPE Capacity: A Strategic Choice Enhanced Safety Temperature Mechanical Chemical and Accuracy Resistance Strength Resistance XLPE cables offer superior They are highly resistant to XLPE cables possess strong They exhibit excellent electrical insulation, temperature fluctuations, mechanica
Slide 28: Leading Supplier Across Sectors
Penetrating in India and overseas markets Geographical revenue structure (INR cr) 2052 1823 1,659 Power Oil & Gas Construction Non-Metal Leading Supplier Across Sectors 1187 968 1063 905 787 671 608 551 523 267 349 FY20 FY21 FY22 FY23 FY24 FY25 9MFY26 Revenue from International Business Revenue from
Slide 29: HFFR Cables
HFFR Cables Halogen Free Flame Retardant Cable HFFR used in Solar Panels (HFFR) • Usage : used in the insulation and outer sheath of photovoltaic In FY24 : (PV) cables, which connect the solar panels to the inverter and India’s HFFR market value stands at USD 613.25 other electrical components. mill
Slide 30: Key Priorities: Our Focus Areas
Key Priorities: Our Focus Areas Moving up the Entering new Capex Revenue value chain geographies • Getting • Awaiting under • Increasing the • INR 5,000cr by certification for writers approval HFFR capacity to FY30. 132KV and for direct exports 20,000 MTPA by making it ready to Americas. FY27 for co
Slide 31: Financials
Financials 28-31
Slide 32: 9MFY26 Key Result Highlights
9MFY26 Key Result Highlights Despite the challenges posed by the heavy monsoon and geopolitical crisis, we achieved strong demand 01 in the fiscal. Looking ahead, we anticipate this positive demand momentum will continue in the upcoming periods. Our topline increased 17% yoy on the back of strong de
Slide 33: 3QFY26 Financial Performance
3QFY26 Financial Performance Particulars (INR in Cr) Q3FY26 Q3FY25 YoY(%) Q2FY26 QoQ(%) 9MFY26 9MFY25 YoY(%) Revenue from Operations 733 661 11% 680 8% 2,182 1,866 17% EBITDA 80 75 7% 75 7% 234 208 13% EBITDA Margin % 11% 11% (41 bps) 11% (5 bps) 11% 11% (40 bps) Depreciation 5 4 27% 4 13% 13 11 23%
Slide 34: Historical Income Statement
Historical Income Statement Particulars (INR in Cr) FY 21 FY 22 FY 23 FY24 FY25 9MFY26 Revenue from Operations 1,534 2,227 2,504 2,431 2,603 2,182 Gross Profit 199 291 355 475 476 376 EBITDA 74 128 186 282 287 234 EBITDA Margin % 5% 6% 7% 12% 11% 11% Depreciation 11 12 12 14 15 13 Earnings Before In
Slide 35: Historical Balance Sheet
Historical Balance Sheet 1HFY2 1HFY2 Particulars (INR in Cr) FY 22 FY 23 FY24 FY25 Particulars (INR in Cr) FY 22 FY 23 FY24 FY25 6 6 (a) Equity Share Capital 9 9 10 10 10 Non - Current Assets (b) Other Equity 382 485 650 824 906 Tangible Assets 206 225 231 271 272 Total Equity 392 494 660 835 916 Ot
Slide 36: Annexures
Annexures 33-40
Slide 37: Major Milestones Achieved
Major Milestones Achieved • Set up of Engineering Plastic Compounding • Setting up a new factory at Silvassa for unit at Daman. 2018 PE/PP Compounds. 2017 • Started manufacture of PE Compounds for 66-72 KV. 2021 • Listing at UL site for some of our grades. Diversification • Setting up of XLPE Compou
Slide 38: Experienced Board of Directors
Experienced Board of Directors Mr. Narrindra Suranna Mr. Rajesh Kothari Mr. Samir Kumar Datta Chairman & Managing Director Whole - Time - Director Independent Director Associated with Company since inception. Wide experience 25+ years of experience in the areas of marketing, after sale Served on mul
Slide 39: Leadership Team
Leadership Team Mr. Arihant Bothra Ms. Tanvi Goenka Chief Financial Officer Company Secretary He is an Associate member of Institute of Chartered Accountants of India and an She is a graduate in commerce and has received her membership of Institute of Company IIM Calcutta Alumni. Vast working experi
Slide 40: 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 (3.3kv insulations) PVC ROHS REACH TESTS ERDA NFC French Labs 39
Slide 41: Sustainability at the Core
Sustainability at the Core Distributed balanced nutrition food to Undertaken the CSR Initiative of providing Planted over 500 trees School Students at Surangi Nutrition Supplement to TB patients in at manufacturing Govt. High School Surangi Village units and schools Eye check ups of 600 persons Inst
Slide 42: 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 41
Slide 43: Diversified Customers - Exports
Diversified Customers - Exports 42
Slide 44: Thank You
Ddev Plastiks Industries Ltd. Leading Manufacturer of Compounds Tanvi Goenka, CS Arihant Bothra, CFO Ddev Plastiks Industries Ltd Ddev Plastiks Industries Ltd E: tanvi.goenka@ddevgroup.in E: abothra@ddevgroup.in Thank You For further information, please get in touch : www.goindiaadvisors.com Saloni
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