Ddev Plastiks Industries Ltd

Ddev Plastiks Industries Ltd has submitted its Business Responsibility and Sustainability Report (BRSR) for the financial year 2025-26, as mandated by SEBI regulations. The report, which forms an integral part of the company's Annual Report, details its corporate identity, business activities, operational footprint, and employee data. The company manufactures and supplies polymer compounds, with Poly Vinyl Chloride contributing 86.61% to its turnover. Ddev Plastiks operates across 21 states and 5 union territories in India and serves 33 countries internationally, with exports accounting for 24.35% of its total turnover. The report also provides data on its workforce, including permanent employees and workers, and highlights the representation of women in leadership roles.

Ddev Plastiks Industries Ltd has submitted its Annual Report for the financial year 2025-26, along with the Notice of the 6th Annual General Meeting (AGM). The AGM is scheduled for September 26, 2026, to be held via Video Conferencing. The report and notice are being disseminated electronically to shareholders and are also available on the company's website and stock exchange websites. The company highlights its focus on compounding polymer chemistry for high-performance solutions and its expansion into Battery Energy Storage Systems (BESS).

Ddev Plastiks Industries Ltd has announced its 6th Annual General Meeting (AGM) to be held on September 26, 2026, at 11:30 AM IST via Video Conferencing/Other Audio Visual Means. The agenda includes adopting the audited financial statements for the fiscal year ended March 31, 2026, confirming an interim dividend of Re. 0.50p per share, and declaring a final dividend of Rs. 1.25 per share for the same period. The meeting will also address the re-appointment of Mr. Rajesh Kothari as a director and the re-appointment of M/s B Mukherjee & Co. as statutory auditors. The record date for dividend eligibility is September 19, 2026.

Ddev Plastiks Industries Ltd has announced the details for its 6th Annual General Meeting (AGM) to be held on September 26, 2026, via Video Conferencing. The company has fixed September 19, 2026, as the record date for determining entitlement to voting rights and the final dividend. The Register of Members and Share Transfer Books will be closed from September 20 to September 26, 2026, inclusive. The proposed final dividend is 125%. Remote e-voting will be open from September 23 to September 25, 2026. If approved, the dividend will be paid within 30 days of declaration.

Ddev Plastiks Industries Ltd has announced the record date for its 6th Annual General Meeting (AGM) and final dividend for the financial year 2025-26. The record date is set for September 19, 2026. The AGM will be held on September 26, 2026, via Video Conferencing. The company's Register of Members and Share Transfer Books will be closed from September 20 to September 26, 2026, inclusive. Remote e-voting will be open from September 23 to September 25, 2026. Any final dividend approved at the AGM will be paid within 30 days of declaration.

Ddev Plastiks Industries Ltd has issued a communication to its shareholders regarding tax deduction on dividends for FY 2025-26 and the updation of details. The company will withhold tax at source on dividends paid, as per the Finance Act, 2020, and Income Tax Act, 2025. Shareholders are advised to submit tax-related documents by September 19, 2026. The Board has recommended a dividend of ₹1.25 per equity share, subject to shareholder approval at the AGM on September 26, 2026. The record date is September 19, 2026. For resident shareholders, TDS will be 10% unless the dividend is below ₹10,000 or an exemption is provided via Form 121. Non-compliance with PAN or KYC requirements may lead to higher TDS rates.

Ddev Plastiks Industries Ltd has dispatched an intimation containing the weblink to its Annual Report for the Financial Year 2025-26. This communication was sent to members whose email addresses were not registered with the company or its agents as of August 21, 2026. The Annual Report and Notice of the 6th Annual General Meeting (AGM), scheduled for September 26, 2026, are accessible via the company's website and stock exchange websites. Key dates for the AGM, including record date and e-voting periods, have also been provided.

Ddev Plastiks Industries Ltd announced its unaudited financial results for the first quarter ended June 30, 2026. The Board of Directors considered and approved the Unaudited Financial Results along with the Statutory Auditor's Limited Review Report. An investor presentation was also prepared for the quarter. The company also noted the appointment of Mrs. Rajni Mishra as an Additional Director and the relocation of its BESS Project to Kolkata. The financial results will be published in newspapers and made available on the company's website.

Ddev Plastiks' standalone Q1 FY27 (quarter ended June 30, 2026) revenue from operations rose 28.6% YoY to ₹989.5 Cr (₹769.2 Cr in Q1 FY26) and 29.2% QoQ (₹765.7 Cr in Q4 FY26), extending a run of double-digit growth. Net profit grew 22.3% YoY to ₹63.8 Cr (₹52.2 Cr) and 17.0% QoQ (₹54.5 Cr), with basic EPS at ₹6.16 versus ₹5.04 a year ago and ₹5.27 in the March quarter. Profit growth trailed revenue growth on both counts, and margins compressed: net margin (PAT/total income) was 6.39%, down from 6.72% YoY and 7.01% QoQ, while operating margin (PBT+finance cost+depreciation−other income, over revenue) slipped to about 9.2% from 9.48% YoY and 9.70% QoQ. The squeeze sits mainly on the finance-cost line: interest costs more than doubled YoY to ₹11.06 Cr (₹5.52 Cr) and rose 35.6% QoQ (₹8.15 Cr), consistent with debt funding the new Bhiwadi, Rajasthan facility, which the company capitalised on commencing commercial production on April 28, 2026 (Note 3), adding 48,000 MTPA and taking installed capacity above 315,000 TPA. Cost of materials consumed grew 31.7% YoY, marginally ahead of the 28.6% revenue growth, pointing to input-cost pressure or mix rather than a step-change in operating profitability. Employee costs (+10.9% YoY) and depreciation (+15.9% YoY) rose more moderately. There were no exceptional or extraordinary items in either the current or comparative periods, so the 22.3% YoY PAT growth is a clean, unadjusted figure. Management's FY27 guidance from the Q4 FY26 call called for 13% full-year revenue growth and ~11% EBITDA margin in the core polymer-compounding business; Q1's 28.6% YoY revenue growth runs well ahead of that annual pace, but the ~9.2-10.2% margin (depending on whether other income is netted) trails the ~11% target, leaving margin recovery as the item to watch through the year. No reliable street/consensus estimate could be confirmed for this quarter — a screener-sourced forecast (~₹667 Cr revenue, EPS ₹4.20) surfaced in search results but could not be attributed to a named brokerage or verified as specific to Q1 FY27, so it has not been used as a comparison. No management press release/commentary was available in the record to quote against these numbers. The company remains a single-segment, standalone entity with no subsidiary, associate or JV this quarter (Note 4), so these financials carry no contribution yet from the BESS business, whose FY27 revenue target is ₹200-250 Cr; the board this meeting also approved relocating the BESS project to Kolkata and appointed Rajni Mishra as an additional independent director. Coming quarters will show whether the Bhiwadi capacity ramps into volume and revenue as guided, whether the elevated finance-cost base normalises or stays structurally higher as more capex is funded, and when — if at all — BESS starts contributing revenue toward its ₹200-250 Cr FY27 target.

Ddev Plastiks Industries Ltd announced changes to its board and committees. Mrs. Ramya Hariharan resigned as Independent Director effective July 27, 2026, due to professional commitments. The company has appointed Mrs. Rajni Mishra as an Additional Director in the category of Non-Executive Independent Director, effective August 10, 2026, subject to shareholder approval. Mrs. Mishra, a Company Secretary with an HRM Master's degree and over a decade of experience, has been nominated to the Audit Committee, Nomination and Remuneration Committee, and Stakeholders' Relationship Committee. These changes, including the reconstitution of these committees, are effective from August 10, 2026.