DDev Plastiks Industries Ltd
DDev Plastiks Industries Ltd Q1 FY26 Results & Concall Highlights: Revenue, Margins & Order Book
Q1 FY26 earnings call: what management guided on revenue, margins and order book.
The short version
Ddev Plastiks aims for a revenue target of INR4,500 to INR5,000 crores by FY '30. Ddev Plastiks targets a revenue of INR4,500 - 5,000 crores by FY '30 with EBITDA margins maintained between 10% to 12%.
From DDev Plastiks Industries Ltd's Q1 FY26 earnings-call transcript · updated 23 Aug 2026.
Revenue & Sales Performance
- Ddev Plastiks aims for a revenue target of INR4,500 to INR5,000 crores by FY '30.
- The company expects to maintain EBITDA margins between 10% to 12%.
- Volume growth is targeted at a CAGR of 13% to 14% up to FY '30.
- For FY '26, volume growth is expected around 12-13%, with utilization levels above 75-80%.
- Capacity addition of approximately 130,000 tons planned over the next 3 years, supporting volume ramp-up.
- XLPE products, especially distribution and transmission cables, seen as major growth drivers.
- Growth in volumes expected across product segments, including high-value and lower-end products, keeping blended margins stable.
- Initial higher volume growth expected post-capacity expansion, tapering in later years.
- New product certifications (132 kV) anticipated to contribute meaningful revenues from FY '27 onward, with gradual ramp-up.
Profitability & Margins
See what DDev Plastiks Industries Ltd said on profitability & margins — free account, 30 seconds.
Capital Expenditure Plans
- Planned capex of around INR 300 crores over the next 2-3 years for capacity expansion (Page 16).
- Capacity addition of approximately 130,000+ tons over the next 3 years, including:
- - 15,000+ tons of HFFR
- - 25,000 tons of PVC (with possible additional 5,000-10,000 tons)
- - 60,000 tons XLPE with potential for another 24,000 tons (Pages 12-13).
- Capital expenditure of INR110+ crores expected in the current financial year (Page 6).
- Brownfield expansion involves acquisition of new land parcels; some land identified, continuous search ongoing (Page 15).
- Capex includes acquisitions of land and expansion projects (Page 15).
- Equipment for 132 kV production is ready; no specific capex planned for this voltage range as existing equipment is versatile (Page 11).
- Current funding of capex is through internal accruals; alternatives may be considered if expediting is needed (Page 17).
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Fundraising & Capital Structure
See what DDev Plastiks Industries Ltd said on fundraising & capital structure — free account, 30 seconds.
Order Book & Pipeline
- The transcript does not provide specific details or figures regarding the current or expected order book or pending orders.
- However, it mentions ongoing developments such as waiting for approvals for 132 kV products and trials with customers, which indicate expected future orders once approvals are secured.
- The company has tied up with customers for trials but the 132 kV product trials have not yet occurred, implying pending orders contingent on successful trials and certification.
- There is a mention of steady and growing demand in various segments, including housing wires, power cables, and distribution & transmission cables, which implies a healthy pipeline.
- Capacity expansions totaling around 130,000 tons over the next 3 years are aligned with anticipated order growth and ramp-up.
- Customers prefer localized suppliers over imports, suggesting a sustained and growing order inflow.
- Overall, though exact order book numbers are not disclosed, outlook and capacity planning indicate a robust and growing pending order pipeline.
DDev Plastiks Industries Ltd — Quarterly revenue & net profit
Reported quarterly figures (₹ Cr). Latest: revenue ₹766 Cr, net profit ₹55 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.
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What DDev Plastiks Industries Ltd's management said in earlier quarters
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Frequently Asked Questions
What were DDev Plastiks Industries Ltd Q1 FY26 results?
Ddev Plastiks aims for a revenue target of INR4,500 to INR5,000 crores by FY '30. Ddev Plastiks targets a revenue of INR4,500 - 5,000 crores by FY '30 with EBITDA margins maintained between 10% to 12%.
What is DDev Plastiks Industries Ltd share price analysis?
DDev Plastiks Industries Ltd currently shows a neutral. The stock trades at a P/E of 13.4 with a market cap of ₹2,866 Cr. Investors should review the full earnings analysis for detailed insights.
Is DDev Plastiks Industries Ltd planning capital expenditure?
Planned capex of around INR 300 crores over the next 2-3 years for capacity expansion (Page 16).
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This analysis is AI-generated based on publicly available earnings data and concall transcripts. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.