DDev Plastiks Industries Ltd

- No plans for fresh borrowing; existing credit limits are currently underutilized. - For BESS (Battery Energy Storage Systems) business and other expansions, internal accruals will fund capex. - Priority remains expansion of compounding business; excess cash thereafter allocated to new business like BESS. - Working capital needs are expected to be significant but managed primarily through non-fund based limits. - No mention of equity fundraising in the call; capital allocation focused on internal resources and prudent use of limits.

- Ddev Plastiks is expanding capacities in XLPE and HFFR compounds to meet growing demand and gain market share. - New capacity additions are planned for PVC compounds driven by demand from Ultratech and Adani entering the power cable segment, focusing on higher-margin house wiring applications. - The company is investing about Rs. 150 crore in a Greenfield Battery Energy Storage System (BESS) plant (Phase-1) with 5 GW capacity, expected operational from mid-2026, fully funded through internal accruals. - The BESS business will be a distinct new reporting segment, targeting Rs. 800-Rs. 900 crore revenue from 1 GW capacity. - Further capacity expansions and consolidation of existing units in the Western region are planned, with detailed plans to be disclosed in coming quarters. - Capital allocation priority remains on the compounding business; excess cash will be directed towards BESS. - No fresh borrowing planned; existing credit limits will be utilized for expansions.

- Ddev Plastiks is optimistic about substantial growth in core businesses, particularly XLPE and HFR compounds, with planned capacity expansions in upcoming quarters. - Export markets are a key focus, with UL approvals already secured and more approvals expected, aiding demand growth. - New client addition and deepening wallet share with existing top wire and cable clients contribute to volume growth. - PVC segment growth is supported by the addition of major clients like UltraTech and Birla, enhancing capacity and market share. - Battery Energy Storage Systems (BESS) segment is a high-growth sunrise sector; the company targets 1 gigawatt hour revenue (~Rs. 800-Rs. 900 crores) starting FY '28, scaling to 5 gigawatt hours before 2030. - Overall revenue guidance targets Rs. 5,000 crores by FY '30, with exports contributing 20%-25%. - Positive demand momentum is expected to continue into future quarters and fiscal years.

- Ddev Plastiks is optimistic about substantial growth in existing core businesses (XLPE and HFR compounds), driven by both existing and new clients. - Expansion of capacities, including new products like 66 kV XLPE and HFFR, is underway to support demand growth. - Export markets are expected to expand, aided by UL approvals and trade deals (e.g., US tariff deal resolved), boosting revenues and market share. - The BESS (Battery Energy Storage Systems) segment is a high-growth sunrise sector, with government targets of 500 MW by 2030; expected revenue for 1 GWh sales is Rs. 800-900 crores, starting H2 FY '27, with volumes picking substantially in FY '28. - Anticipated high double-digit ROCE of 25-30% and 2-3 year payback period in BESS business. - Overall, management expects a positive demand momentum, aiming for Rs. 5,000 crore topline by FY '30 and sustained margin improvements, reflecting in growing profits and EPS.

The transcript from page 19 and preceding pages does not provide specific details on the current or expected order book or pending orders for Ddev Plastiks Industries Limited. However, some relevant points can be inferred: - The company is optimistic about expanding existing core businesses such as XLPE and HFR compounds, with new export markets and UL approvals. - Capacity expansions are underway for HFFR and 66 kV XLPE products to support increasing market share and new customer additions. - For the BESS (Battery Energy Storage System) segment, there is strong demand aligned with government targets (500 MW by 2030) and wide-ranging applications; several potential government and semi-government customers have been identified. - The company is targeting direct sales to approximately 15 government and semi-government customers like NTPC, PGCIL, and others for BESS. - No explicit quantitative order book or pending order values are disclosed in this segment. Thus, while the company signals robust demand and a pipeline of projects, specific order book numbers are not stated.