DDev Plastiks Industries Ltd

DDev Plastiks Industries Ltd

₹ 246 3.65%
26 May - close price
About

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

Key Points

Business Profile[1]
Ddev Plastiks Industries Ltd is India’s largest listed manufacturer of polymer compounds, with over 4 decades of operating history. The company supplies customized polymer compounds primarily to the wires & cables industry, along with applications in packaging, white goods, engineering plastics, footwear, infrastructure, renewables, and industrial sectors.

  • Market Cap 2,543 Cr.
  • Current Price 246
  • High / Low 360 / 185
  • Stock P/E 12.6
  • Book Value 97.9
  • Dividend Yield 0.71 %
  • ROCE 31.0 %
  • ROE 21.8 %
  • Face Value 1.00

Pros

  • Company is almost debt free.
  • Company has a good return on equity (ROE) track record: 3 Years ROE 25.3%

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.

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Quarterly Results

Figures in Rs. Crores

Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
667 638 642 554 597 625 580 661 737 769 680 733 766
601 584 582 493 513 567 517 590 660 696 616 657 691
Operating Profit 67 54 60 60 84 58 64 70 76 73 64 76 74
OPM % 10% 8% 9% 11% 14% 9% 11% 11% 10% 9% 9% 10% 10%
9 7 5 3 8 6 5 4 3 6 11 4 12
Interest 8 7 6 5 5 4 5 7 6 6 7 8 8
Depreciation 3 3 3 3 4 3 4 4 4 4 4 5 5
Profit before tax 64 51 57 55 82 57 60 64 69 70 64 67 73
Tax % 25% 26% 25% 27% 25% 25% 26% 28% 25% 25% 26% 28% 26%
48 38 42 40 62 42 45 47 52 52 47 48 55
EPS in Rs 4.67 3.65 4.08 3.87 5.95 4.10 4.32 4.50 5.00 5.04 4.55 4.64 5.27
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
0 2,227 2,504 2,431 2,603 2,948
0 2,121 2,344 2,173 2,334 2,661
Operating Profit 0 106 160 258 270 287
OPM % 5% 6% 11% 10% 10%
0 22 26 24 17 34
Interest 0 41 33 23 21 29
Depreciation 0 12 12 14 15 18
Profit before tax 0 76 140 245 251 274
Tax % 28% 26% 26% 26% 26%
0 55 104 182 186 202
EPS in Rs 10.06 17.56 17.93 19.50
Dividend Payout % 4% 9% 9% 10% 9%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: 6%
TTM: 13%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: 25%
TTM: 9%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: 25%
1 Year: -8%
Return on Equity
10 Years: %
5 Years: 25%
3 Years: 25%
Last Year: 22%

Balance Sheet

Figures in Rs. Crores

Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Equity Capital 0.01 9 9 10 10 10
Reserves 0 382 485 650 824 1,003
0 130 56 66 46 57
0 408 362 269 274 374
Total Liabilities 0 929 912 995 1,155 1,444
0 207 225 231 275 304
CWIP 0 2 1 3 1 50
Investments 0 0 0 0 61 21
0 720 686 761 817 1,069
Total Assets 0 929 912 995 1,155 1,444

Cash Flows

Figures in Rs. Crores

Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
0 26 145 116 137 85
0 -11 -35 -18 -114 -41
0 -10 -109 -28 -57 -44
Net Cash Flow 0 6 1 70 -34 0
Free Cash Flow 0 8 117 94 80 -11
CFO/OP 37% 113% 67% 79% 51%

Ratios

Figures in Rs. Crores

Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Debtor Days 57 53 60 65 69
Inventory Days 52 37 38 42 59
Days Payable 66 49 34 35 43
Cash Conversion Cycle 43 41 64 72 85
Working Capital Days 32 40 54 66 78
ROCE % 45% 32% 42% 34% 31%

Insights

In beta
Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Capacity Utilization (Total)
%

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EBITDA Per Ton
INR
Production Volumes
MT
Revenue Per Ton
INR
Total Installed Capacity
MTPA

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
74.84% 74.84% 74.85% 74.97% 74.97% 74.99% 74.99% 74.99% 74.99% 74.99% 74.99% 74.99%
0.14% 0.17% 0.12% 0.01% 0.02% 0.03% 0.03% 0.36% 0.36% 1.13% 0.90% 0.90%
0.00% 0.00% 0.25% 0.24% 0.31% 0.26% 0.49% 0.52% 1.15% 0.80% 0.96% 0.64%
25.01% 24.98% 24.78% 24.77% 24.69% 24.71% 24.48% 24.11% 23.49% 23.07% 23.14% 23.48%
No. of Shareholders 18,39824,07125,98127,15128,42237,38337,92438,53937,98535,40635,01133,725

* 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

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