Ddev Plastiks Industries Limited · NSE:DDEVPLSTIK
Ddev Plastiks Industries — Q4 FY26 Earnings Presentation
47 slides from Ddev Plastiks Industries's earnings presentation, May 25, 2026
Slide 1: Outcome of Board Meeting cover letter to exchanges
DDEV PLASTIKS Date: 25" May, 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 Symbol: DDEVPL
Slide 2: Ddev Plastiks Industries Ltd. Earnings Presentation Q4FY26 & FY26
Ddev Plastiks Industries Ltd. Leading Manufacturer of Compounds Earnings Presentation Q4FY26 & FY26 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 4-16
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 07 Strong Financial Headroom 02 Supplier 03 Value Creation through Innovation 07 Conservative Financial Strategy 04 A Proud Legacy Spa
Slide 6: India's Largest Listed Manufacturer of Polymer Compounds
Ddev Plastiks : India’s Largest Listed Manufacturer of Polymer Compounds FY26 Financial Performance 4 Decades of Operations – current capacity 2,68,400 MTPA (as of March 2026). 6 manufacturing units with state-of-the art machinery, infrastructure, equipment, and R&D facilities. Rs 2,948 cr 18% Reven
Slide 7: Management's Commentary on 4Q & FY26 results
Management's Commentary on 4Q & FY26 results FY26 has been a landmark year of execution for Ddev Plastiks. We delivered a strong financial performance — growing revenue by 13% YoY, EBITDA by 12%, and closing the year with a PAT growth of 9% to INR 202 Cr — all achieved despite global macroeconomic t
Slide 8: Business update: Greenfield expansion
Business update: Greenfield expansion Capacity Expansion Previous Capacity New Capacity HFFR 5,000 MTPA 5,000 10,000 MTPA PVC 44,000 MTPA 25,000 69,000 MTPA Existing Capacity XLPE 1,66,500 MTPA 48,000 2,14,500 MTPA HFFR is expected to replace PVC house wiring cables and the government has mandated i
Slide 9: What lies ahead for Ddev Plastiks
What lies ahead for Ddev Plastiks…. FY25 FY26 FY27E Topline 2,603 Cr 2,948 Cr Growth supported by higher volumes and improving product mix; 14% 13% ~3340 Cr ongoing capex and capacity additions to drive stronger utilization and wider market reach Installed Capacity 2,33,400 2,68,400 ~3,34,400 15% 25
Slide 10: 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 11: 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 12: Strategic Roadmap
Backed by scalable capacity, disciplined capital deployment, and attractive ROCE metrics, BESS is positioned to power the company’s next phase of growth Aim to achieve a target of Strategic Planned capex of 1GWh = 1000 MWh Rs 150 - 200 Crore entirely 5GWh Capacity by Roadmap 1GWh = 900 Cr FY2030 fun
Slide 13: BESS Revenue Potential
In Rs Crores Revenue Potential ROCE : 25–30% ~Rs4,000 - 4,500cr Revenue Potential Rs800 – 900cr Revenue Potential Rs300 – 500cr H2FY27 FY28 FY30 Initial Ramp up Phase Commercial Scale Expansion Phase Execution of early orders, Higher capacity utilization Move toward full stabilization Target 1 GWH 5
Slide 14: 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 15: Key USPs
Key USPs Diversified Highly competitive Multi - location setup; Revenue globally. Minimizing Structure; transportation costs. Strong Leading supplier R&D of cable Infrastructure. compounds in India. Operating in five high growth categories. Strong Balance Sheet & Consistent profitability Customisati
Slide 16: 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 of • Extensively used in • Product with high • Mostly used
Slide 17: Largest Supplier of Cable Compounds in India
Largest Supplier of Cable Compounds in India Revenue for FY26 is INR 2,948Cr 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 18: Investment Thesis
Investment Thesis 18-32
Slide 19: 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 20: Sectoral Tailwinds to support growth
Sectoral Tailwinds to support growth Global Polymer Compounding Market Growth Demand (in USD bn) Government Policies • Urbanization • National Infrastructure Pipeline • Changing consumer behaviour • Har Ghar Bijlee 115 • Increasing per capita income • Capex cycle uptick CAGR • Premiumization 6.5% •
Slide 21: 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 22: 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 March ‘26 • Anti fibrillation Compound 6,000 Dhulagarh – • Sioplas & Semicon 20,000 Five moder
Slide 23: 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 320 14% 34% 282 287 11% 12% 11% 186 7% ~5,000 1286% 2,948 74 5% 2,504 2,431 2,603 2,227 1,534 FY21 FY22 FY23 FY24 FY25 FY26 FY21 FY22 FY23 FY24 FY25 FY26 FY30 PAT (INR Cr) &
Slide 24: Focus on shareholder value creation
Focus on shareholder value creation Margins (%) PAT (INR cr) and EPS (INR per share) 20% 202 18% 18% 18% 182 185 14% 13% 13% 11% 12% 11% 11% 104 7% 5% 6% 7% 7% 7% 7% 55 4% 2% 21 1% 17.56 17.93 19.5 2.25 5.82 11.07 FY20 FY21 FY22 FY23 FY24 FY25 FY26 FY21 FY22 FY23 FY24 FY25 FY26 Gross Margin EBITDA M
Slide 25: 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) 1013 Net Debt / Equity Net Debt / EBITDA 1.3 835 1.2 10.79 11.15 10.54 10.56 660 9.62 7.64 494 392 337 0.3 0.3 0.2 0.1 0.0 0.0 0.0 0.0 FY21 FY22 FY23 FY24 FY25 FY26 FY21 FY22 FY23 FY24 FY2
Slide 26: 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 27: 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 15,768 15,137 174,344 162,102 12,931 145,556 1,45,136 137,318 119,980 9,309 5,819 FY21 FY22 FY23 FY24 FY25 FY26 FY21 FY22 F
Slide 28: Annual Operational Performance
Annual Operational Performance Particulars FY21 FY22 FY23 FY24 FY25 FY26 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% 49% Sioplas/XLPE/Semicons 1,2
Slide 29: Quarterly Operational Performance Trend
Quarterly Operational Performance Trend FYE March Q4FY25 Q1FY26 Q2FY26 Q3FY26 Q4FY26 Antifab Installed Capacity 20,500 20,500 20,500 20,500 20,500 % Utilization 89% 91% 75% 79% 83% PVC Compounds Installed Capacity 44,000 44,000 44,000 69,000 69,000 % Utilization 77% 74% 82% 60% 49% Sioplas/XLPE/Semi
Slide 30: 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 31: Leading Supplier Across Sectors
Penetrating in India and overseas markets Geographical revenue structure (INR cr) 2,230 2052 1823 Power Oil & Gas Construction Non-Metal Leading Supplier Across Sectors 1187 1063 905 787 718 671 608 551 349 FY21 FY22 FY23 FY24 FY25 FY26 Revenue from International Business Revenue from Domestic Busin
Slide 32: HFFR Cables
HFFR Cables Halogen Free Flame Retardant Cable (HFFR) HFFR used in Solar Panels • 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 33: Key Priorities: Our Focus Areas
Key Priorities: Our Focus Areas Moving up the Entering new value chain Capex BESS strategy Revenue geographies • Setting up a 5 GWh assembly plant, • Getting • Awaiting • Increasing the expected to be • INR 5,000 cr by certification for underwriters’ HFFR capacity to commissioned by Q3 FY30 (does no
Slide 34: Financials
Financials 34-37
Slide 35: FY26 Key Result Highlights
FY26 Key Result Highlights Ddev delivered a growth of 13% in Revenue whilst Exports grew by 30%. Volume has grown by 7% due 01 to impact of War. Had there been no such situation we would have grown by almost 10% this year. However, Export Volume has grown by 23% even in this situation. HFFR Capaciti
Slide 36: 4QFY26 Financial Performance
4QFY26 Financial Performance Particulars (INR in Cr) Q4FY26 Q4FY25 YoY(%) Q3FY26 QoQ(%) FY26 FY25 YoY(%) Revenue from Operations 766 737 4% 733 4% 2,948 2,603 13% EBITDA 86 79 9% 80 8% 320 287 12% EBITDA Margin % 11 11% 50bps 11% 34bps 11% 11% -16bps Depreciation 5 4 6% 5 -2% 18 15 18% Earnings Befo
Slide 37: Historical Income Statement
Historical Income Statement Particulars (INR in Cr) FY 21 FY 22 FY 23 FY24 FY25 FY26 Revenue from Operations 1,534 2,227 2,504 2,431 2,603 2,948 Gross Profit 199 291 355 475 476 526 EBITDA 74 128 186 282 287 320 EBITDA Margin % 5% 6% 7% 12% 11% 11% Depreciation 11 12 12 14 15 18 Earnings Before Inte
Slide 38: Historical Balance Sheet
Historical Balance Sheet Particulars (INR in Cr) FY 22 FY 23 FY24 FY25 FY26 Particulars (INR in Cr) FY 22 FY 23 FY24 FY25 FY26 (a) Equity Share Capital 9 9 10 10 10 Non - Current Assets (b) Other Equity 382 485 650 824 1,003 Tangible Assets 206 225 231 271 279 Total Equity 392 494 660 835 1,013 Othe
Slide 39: Annexures
Annexures 39-45
Slide 40: 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 41: 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 42: 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 43: 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 42
Slide 44: 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 45: 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 44
Slide 46: Diversified Customers - Exports
Diversified Customers - Exports 45
Slide 47: 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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