DDev Plastiks

Why is DDev Plastiks Industries Ltd falling/rising?

As of 11-Jun, DDev Plastiks Industries Ltd's stock price is declining, currently at 247.65, with a year-to-date drop of -17.85%, underperforming the Sensex. The stock faces challenges due to poor recent performance, low institutional interest, and concerning financial metrics, indicating a lack of confidence in its valuation and business prospects.

As of 11-Jun, DDev Plastiks Industries Ltd is experiencing a decline in its stock price, currently at 247.65, reflecting a change of -2.85 (-1.14%). This downward movement is part of a broader trend, as the stock has been losing value for the last two days, with a total decline of -3.09% during this period. Additionally, the stock's performance over the past week shows a decrease of -2.08%, which is worse than the benchmark Sensex, which fell only -0.71%.<BR><BR>The stock's year-to-date performance is also concerning, with a significant drop of -17.85%, compared to the Sensex's decline of -13.36%. Over the past year, DDev Plastiks has generated a return of -15.20%, again underperforming the Sensex, which fell by -10.52%. These figures indicate a consistent trend of underperformance relative to the market.<BR><BR>Despite some positive indicators, such as a healthy long-term growth rate in operating profit of 30.05% and a reasonable debt-to-equity ratio of 0.02, the stock's valuation appears to be a concern for investors. The company has seen flat results recently, with the lowest return on capital employed (ROCE) at 28.27% and a low debtors turnover ratio of 5.32 times, which may signal operational inefficiencies.<BR><BR>Moreover, the lack of investment from domestic mutual funds, which hold 0% of the company, suggests a lack of confidence in the stock's current valuation or business prospects. This combination of factors—poor recent performance, underwhelming financial metrics, and low institutional interest—contributes to the stock's current decline.

Which are the latest news on DDev Plastiks?

What does DDev Plastiks do?

DDev Plastiks Industries Ltd is a small-cap manufacturer of polymer compounds in the specialty chemicals sector, with net sales of 766 Cr and a net profit of 55 Cr as of March 2026. The company has a market cap of INR 2,651 Cr and key metrics include a P/E ratio of 13.00 and a dividend yield of 0.89%.

Overview:<BR>DDev Plastiks Industries Ltd is a leading manufacturer of polymer compounds in the specialty chemicals industry, categorized as a small-cap company.<BR><BR>History:<BR>The company was incorporated on 7th December 2020 and is currently engaged in manufacturing plastic compounds. The latest quarterly results reported are for March 2026, showing net sales and profit figures.<BR><BR>Financial Snapshot:<BR>Net Sales: 766 Cr (Quarterly Results - Mar 2026) <BR>Net Profit: 55 Cr (Quarterly Results - Mar 2026) <BR>Market Cap: INR 2,651 Cr (Small Cap)<BR><BR>Key Metrics:<BR>P/E: 13.00 <BR>Industry P/E: 42 <BR>Dividend Yield: 0.89% <BR>Debt-Equity: 0.00 <BR>Return on Equity: 19.92% <BR>Price to Book: 2.58 <BR><BR>Contact Details:<BR>Details: No Company Details Available <BR>Registrar Address: Not available.

How big is DDev Plastiks?

As of 10th June, DDev Plastiks Industries Ltd has a market capitalization of 2,651.00 Cr, with recent Net Sales of 2,947.87 Cr and a Net Profit of 201.82 Cr.

As of 10th June, DDev Plastiks Industries Ltd has a market capitalization of 2,651.00 Cr, categorizing it as a Small Cap company.<BR><BR>In the latest four quarters, DDev Plastiks reported Net Sales of 2,947.87 Cr and a Net Profit of 201.82 Cr.<BR><BR>The latest annual period for the balance sheet is March 2025, with Shareholder's Funds amounting to 834.71 Cr and Total Assets of 1,154.60 Cr.

Who are in the management team of DDev Plastiks?

The management team of DDev Plastiks includes Chairman & Managing Director Narrindra Suranna, Whole-time Directors R K Kothari and Dev Krishna Surana, Non-Executive Independent Directors Mamta Binani, Ramya Hariharan, and Samir Kumar Dutta, along with Company Secretary Tanvi Goenka. This diverse team guides the company's strategic direction and governance.

The management team of DDev Plastiks includes the following individuals:<BR><BR>1. **Narrindra Suranna** - Chairman & Managing Director<BR>2. **R K Kothari** - Whole-time Director<BR>3. **Dev Krishna Surana** - Whole-time Director<BR>4. **Mamta Binani** - Non-Executive & Independent Director<BR>5. **Ramya Hariharan** - Non-Executive & Independent Director<BR>6. **Samir Kumar Dutta** - Non-Executive & Independent Director<BR>7. **Tanvi Goenka** - Company Secretary & Compliance Officer<BR><BR>This team brings a diverse range of expertise to the company, contributing to its strategic direction and governance.

Who are the peers of the DDev Plastiks?

DDev Plastiks' peers include Foseco India, Yasho Industries, Rossari Biotech, Jubilant Agri, NOCIL, Tatva Chintan, Camlin Fine, Bhansali Engg., and Titan Biotech. In terms of performance, Titan Biotech leads with a 412.73% return, while DDev Plastiks has a -15.08% return.

Peers: The peers of DDev Plastiks are Foseco India, Yasho Industries, Rossari Biotech, Jubilant Agri, NOCIL, Tatva Chintan, Camlin Fine, Bhansali Engg., and Titan Biotech.<BR><BR>Quality Snapshot: Excellent management risk is observed at Rossari Biotech and Jubilant Agri, while Average management risk is found at Foseco India, Yasho Industries, NOCIL, Tatva Chintan, DDev Plastiks, Bhansali Engg., and Titan Biotech, and the rest. Good growth is noted at DDev Plastiks and Jubilant Agri, while Average growth is seen at Rossari Biotech, and Below Average growth is present at Yasho Industries, NOCIL, Tatva Chintan, Camlin Fine, Bhansali Engg., and Titan Biotech, and the rest. Excellent capital structure is exhibited by Foseco India, Rossari Biotech, Jubilant Agri, NOCIL, Tatva Chintan, Bhansali Engg., and Titan Biotech, while Average capital structure is noted at S H Kelkar & Co., and Below Average capital structure is found at Yasho Industries and Camlin Fine.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Titan Biotech at 412.73%, while the peer with the lowest is Camlin Fine at -57.48%. DDev Plastiks has a 1-year return of -15.08%, which is significantly better than Camlin Fine but much lower than Titan Biotech. Additionally, the six-month return is negative for Rossari Biotech, Jubilant Agri, NOCIL, Tatva Chintan, Camlin Fine, and S H Kelkar & Co.

Should I buy, sell or hold DDev Plastiks Industries Ltd?

Are DDev Plastiks Industries Ltd latest results good or bad?

DDev Plastiks Industries Ltd's latest results show a net profit increase and revenue growth, indicating strong demand; however, declining operating margins raise concerns about sustainability and investor confidence. Overall, while growth is evident, caution is advised due to underlying profitability challenges.

DDev Plastiks Industries Ltd's latest results present a mixed picture. On the positive side, the company reported a net profit of ₹54.52 crore for Q4 FY26, which is a 13.49% increase quarter-on-quarter and a 5.39% increase year-on-year. Additionally, revenue for the same quarter was ₹765.66 crore, reflecting a 4.48% growth from the previous quarter and a 3.92% increase compared to the same quarter last year. This marks the highest quarterly profit since the company's listing, indicating strong demand for its products.<BR><BR>However, there are significant concerns regarding margin compression. The operating margin, excluding other income, fell to 9.70%, down 62 basis points from the previous quarter and 68 basis points year-on-year. This decline in margins suggests challenges in maintaining pricing power and managing costs in a competitive market. The reliance on a substantial increase in other income to boost net profit raises questions about the sustainability of these earnings.<BR><BR>Overall, while the headline figures show growth, the underlying issues with margins and profitability metrics indicate caution for investors. The stock's performance has also been underwhelming, with a notable decline over the past year, reflecting investor skepticism about the company's ability to sustain its earnings growth amidst these challenges.

Has DDev Plastiks Industries Ltd declared dividend?

DDev Plastiks Industries Ltd has declared a 50% dividend, amounting to 1.75 per share, with an ex-date of September 15, 2025. The company has shown strong total returns over longer periods, particularly a 238.52% return over three years, despite some negative returns in shorter terms.

DDev Plastiks Industries Ltd has declared a 50% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 50%<BR>- Amount per share: 1.75<BR>- Ex-date: Sep-15-2025<BR><BR>Dividend Yield: 0.59%<BR><BR>Total Returns by Period:<BR>In the 3-month period, the price return was -1.38%, the dividend return was 0.18%, resulting in a total return of -1.2%.<BR><BR>For the 6-month period, the price return was -9.25%, the dividend return was 0.68%, leading to a total return of -8.57%.<BR><BR>Over the 1-year period, the price return was 12.89%, the dividend return was 1.00%, culminating in a total return of 13.89%.<BR><BR>In the 2-year period, the price return was 48.32%, the dividend return was 1.62%, resulting in a total return of 49.94%.<BR><BR>During the 3-year period, the price return was 232.35%, the dividend return was 6.17%, leading to a total return of 238.52%.<BR><BR>For the 4-year period, there was no change in price or dividend return, resulting in a total return of 0.0%.<BR><BR>In the 5-year period, there was also no change in price or dividend return, resulting in a total return of 0.0%.<BR><BR>Overall, DDev Plastiks Industries Ltd has declared a significant dividend, and the total returns show a strong performance over the longer periods, particularly in the 3-year span, despite some negative returns in the shorter terms.

Is DDev Plastiks technically bullish or bearish?

As of November 24, 2025, DDev Plastiks is in a sideways trend with mixed technical signals, showing mild bearishness on the weekly MACD and Bollinger Bands, while daily moving averages indicate mild bullishness, resulting in an overall neutral stance.

As of 24 November 2025, the technical trend for DDev Plastiks has changed from mildly bullish to sideways. The current technical stance is neutral, with mixed signals across various indicators. The weekly MACD is mildly bearish, and the Bollinger Bands indicate a bearish trend on both weekly and monthly time frames. The moving averages show a mildly bullish signal on the daily chart, while the KST is bearish on the weekly. The Dow Theory indicates no trend on the weekly and mildly bearish on the monthly. The OBV shows a bullish signal on the monthly but no trend on the weekly. Overall, the strength of the indicators suggests a lack of clear direction, reinforcing the sideways trend.

Is DDev Plastiks overvalued or undervalued?

As of November 17, 2025, DDev Plastiks is rated as fairly valued with a PE ratio of 15.34 and has shifted from very attractive to attractive, outperforming the Sensex recently, while maintaining a more reasonable valuation compared to peers like Solar Industries and Godrej Industries.

As of 17 November 2025, the valuation grade for DDev Plastiks has moved from very attractive to attractive, indicating a shift in its perceived value. The company is currently assessed as fairly valued. Key ratios include a PE ratio of 15.34, an EV to EBITDA of 10.48, and a ROE of 23.67%. <BR><BR>In comparison to its peers, DDev Plastiks stands out with a more reasonable valuation; for instance, Solar Industries has a PE ratio of 95.31, while Godrej Industries, which is also rated attractive, has a PE of 37.63. Despite the recent performance, where DDev Plastiks has outperformed the Sensex over the past week with a return of 4.12% compared to the Sensex's 1.69%, its overall valuation suggests it is fairly positioned within the specialty chemicals sector.

How has been the historical performance of DDev Plastiks?

DDev Plastiks has shown consistent growth in net sales and profitability over the past four years, with net sales increasing from 2,226.90 Cr in Mar'22 to 2,603.32 Cr in Mar'25, and profit after tax rising from 54.78 Cr to 185.50 Cr. The company's operational efficiency has improved, reflected in a significant rise in operating profit and earnings per share.

Answer:<BR>The historical performance of DDev Plastiks shows a consistent growth trajectory in net sales and profitability over the past four years.<BR><BR>Breakdown:<BR>DDev Plastiks has demonstrated a steady increase in net sales, rising from 2,226.90 Cr in Mar'22 to 2,603.32 Cr in Mar'25. This growth is reflected in the total operating income, which also increased from 2,226.90 Cr to 2,603.32 Cr during the same period. The company's total expenditure, excluding depreciation, has fluctuated but generally increased, reaching 2,334.32 Cr in Mar'25. Operating profit, excluding other income, has improved significantly from 105.55 Cr in Mar'22 to 269.00 Cr in Mar'25, indicating enhanced operational efficiency. Profit before tax has also seen a notable rise from 75.60 Cr in Mar'22 to 250.64 Cr in Mar'25, while profit after tax increased from 54.78 Cr to 185.50 Cr in the same timeframe. The earnings per share (EPS) have shown a remarkable increase from 4.81 in Mar'22 to 17.92 in Mar'25. On the balance sheet, total assets grew from 929.21 Cr in Mar'22 to 1,154.60 Cr in Mar'25, with total liabilities also increasing but at a slower rate, resulting in a stronger equity position. Cash flow from operating activities has remained positive, with a net cash inflow of 69.00 Cr in Mar'24, reflecting the company's solid financial health.

Who are the top shareholders of the DDev Plastiks?

The top shareholders of DDev Plastiks are Bbigplas Poly Private Limited with 74.17%, Jijivish Investec Private Limited at 4.87%, and individual investors holding 13.98%. Additionally, 9 Foreign Institutional Investors own a combined 0.36%, with no pledged promoter holdings or mutual fund investments.

The top shareholders of DDev Plastiks include Bbigplas Poly Private Limited, which holds a significant majority stake of 74.17%. Other notable shareholders are Jijivish Investec Private Limited, with a holding of 4.87%, and individual investors collectively holding 13.98%. Additionally, there are 9 Foreign Institutional Investors (FIIs) that hold a combined 0.36% of the company. There are no pledged promoter holdings, and no mutual funds are currently invested in DDev Plastiks.

When is the next results date for DDev Plastiks?

No Upcoming Board Meetings

What is the bonus history of the DDev Plastiks?

DDev Plastiks recently issued a 1:10 bonus on June 30, 2023, meaning shareholders received one additional share for every ten shares held. The record date for this bonus was also June 30, 2023.

DDev Plastiks has a recent bonus history that includes a 1:10 bonus issue, which was announced with an ex-date of June 30, 2023. This means that for every 10 shares held, shareholders received an additional share. The record date for this bonus was also June 30, 2023. If you have any more questions about the company or its financials, feel free to ask!