DDev Plastiks Industries Ltd

DDev Plastiks Industries Ltd

₹ 261 -1.28%
21 May 11:24 a.m.
About

Incorporated in 2020, DDev Plastiks Industries Ltd manufactures Plastic Compounds[1]

Key Points

Leadership[1]
India’s Largest Manufacturer of Polymer Compounds with a capacity of 2,33,400 MTPA as of Q1FY25.

  • Market Cap 2,703 Cr.
  • Current Price 261
  • High / Low 458 / 213
  • Stock P/E 14.5
  • Book Value 80.7
  • Dividend Yield 0.57 %
  • ROCE 33.8 %
  • ROE 24.8 %
  • Face Value 1.00

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Company has a good return on equity (ROE) track record: 3 Years ROE 26.7%

Cons

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Chemicals Industry: Chemicals

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Quarterly Results

Figures in Rs. Crores

Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025
622 537 645 655 667 638 642 554 597 625 580 661 737
591 511 619 613 601 584 582 493 513 567 517 590 660
Operating Profit 31 26 25 42 67 54 60 60 84 58 64 70 76
OPM % 5% 5% 4% 6% 10% 8% 9% 11% 14% 9% 11% 11% 10%
7 5 11 0 9 7 5 3 8 6 5 4 3
Interest 9 9 9 7 8 7 6 5 5 4 5 7 6
Depreciation 3 3 3 3 3 3 3 3 4 3 4 4 4
Profit before tax 26 19 25 32 64 51 57 55 82 57 60 64 69
Tax % 32% 26% 25% 28% 25% 26% 25% 27% 25% 25% 26% 28% 25%
18 14 19 23 48 38 42 40 62 42 45 47 52
EPS in Rs 1.38 1.81 2.20 4.67 3.65 4.08 3.87 5.95 4.10 4.32 4.50 5.00
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
0 2,227 2,504 2,431 2,603
0 2,121 2,344 2,173 2,334
Operating Profit 0 106 160 258 269
OPM % 5% 6% 11% 10%
0 22 26 24 18
Interest 0 41 33 23 21
Depreciation 0 12 12 14 15
Profit before tax 0 76 140 245 251
Tax % 28% 26% 26% 26%
0 55 104 182 186
EPS in Rs 10.06 17.56 17.93
Dividend Payout % 4% 9% 9% 0%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: 5%
TTM: 7%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: 50%
TTM: 2%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: 2%
Return on Equity
10 Years: %
5 Years: %
3 Years: 27%
Last Year: 25%

Balance Sheet

Figures in Rs. Crores

Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity Capital 0.01 9 9 10 10
Reserves 0 382 485 650 824
0 130 56 66 46
0 408 362 269 274
Total Liabilities 0 929 912 995 1,155
0 207 225 231 275
CWIP 0 2 1 3 1
Investments 0 0 0 0 61
0 720 686 761 817
Total Assets 0 929 912 995 1,155

Cash Flows

Figures in Rs. Crores

Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
0 26 145 116 137
0 -11 -35 -18 -114
0 -10 -109 -28 -57
Net Cash Flow 0 6 1 70 -34

Ratios

Figures in Rs. Crores

Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 57 53 60 65
Inventory Days 52 37 38 42
Days Payable 66 49 34 35
Cash Conversion Cycle 43 41 64 72
Working Capital Days 53 48 64 81
ROCE % 45% 32% 42% 34%

Shareholding Pattern

Numbers in percentages

Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025
74.84% 74.84% 74.84% 74.84% 74.84% 74.85% 74.97% 74.97% 74.99% 74.99% 74.99%
0.00% 0.00% 0.00% 0.14% 0.17% 0.12% 0.01% 0.02% 0.03% 0.03% 0.36%
0.00% 0.00% 0.00% 0.00% 0.00% 0.25% 0.24% 0.31% 0.26% 0.49% 0.52%
25.16% 25.15% 25.15% 25.01% 24.98% 24.78% 24.77% 24.69% 24.71% 24.48% 24.11%
No. of Shareholders 10,49312,03513,20018,39824,07125,98127,15128,42237,38337,92438,539

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Concalls