Ddev Plastiks Industries LimitedQ1 FY27 Results & Financial Update
Ddev Plastiks Industries Limited: Q1 FY27 standalone results and company financials – revenue ₹989.45 Cr, PAT ₹63.79 Cr. Explore reported YoY/QoQ movements, margins, business drivers and management commentary. This page does not provide a rating, target price or investment recommendation.
Find an answer
Ask this result
Chart · Market context
Ddev Plastiks Industries price & chart
Quarter overview
Quarterly earnings analysis
Ddev Plastiks Industries Limited reported a revenue from operations of INR 989.45 crore for the first quarter of fiscal year 2027, ended June 30, 2026. Total income for the quarter reached INR 999.12 crore, supported by other income of INR 9.67 crore.
Profit before tax (PBT) for the quarter stood at INR 85.04 crore, while net profit (PAT) for the period was recorded at INR 63.79 crore after factoring in tax expenses of INR 21.25 crore. Basic and diluted earnings per share (EPS) for the quarter were reported at INR 6.16 (not annualized).
Total expenses for Q1 FY27 amounted to INR 914.08 crore. The primary cost component, cost of materials consumed, stood at INR 847.31 crore, accompanied by changes in inventories of finished goods of an outward adjustment of INR 14.52 crore.
Employee benefit expenses for the quarter were INR 12.71 crore. Finance costs totalled INR 11.06 crore, while depreciation and amortisation expenses were recorded at INR 4.79 crore.
Other expenses for the period were reported at INR 52.73 crore. Current tax expenses accounted for INR 20.24 crore and deferred tax contributed INR 1.01 crore.
The company completed the construction of its new manufacturing project located at Bhiwadi, Rajasthan, and commenced commercial production on April 28, 2026. The facility adds an installed capacity of 48,000 Metric Tonnes Per Annum (MTPA).
Pursuant to Ind AS 16 requirements, the entire cost attributable to the Bhiwadi project was capitalized on the commercial production start date. This new capacity is expected to bolster the company's long-term manufacturing footprint and support its growth strategy.
01 · Business model
What does Ddev Plastiks Industries do?
Ddev Plastiks Industries Limited is an established Indian manufacturer specialising in the production of various grades of polymer compounds. These compounds serve as essential raw materials across diverse industrial applications, most notably in cable manufacturing, infrastructure, and electrical insulation sectors.
The company operates on a standalone basis and is classified under a single operating segment of polymer compounds in accordance with Indian Accounting Standards (Ind AS 108). Its business model focuses on continuous manufacturing efficiency, raw material sourcing, and expanding production capacity to meet growing domestic and industrial demand.
Ddev Plastiks sells its specialized polymer formulations to business-to-business customers who rely on consistent compounding quality for high-performance applications such as power and telecommunication cables.
02 · Financial snapshot
Current-quarter financial snapshot
| Metric | Q1 FY27 |
|---|---|
| Revenue from operations | ₹989.45 Cr |
| Total income | ₹999.12 Cr |
| Profit before tax | ₹85.04 Cr |
| Profit after tax | ₹63.79 Cr |
| EPS | ₹6.16 |
Financial interpretation
What the reported numbers mean
Profit after tax represented 6.4% of reported quarterly operating revenue. This is a calculated net-profit-to-sales ratio, not a company-reported operating margin. It measures the outcome after expenses and tax; it does not, by itself, establish how margins changed versus another period.
Profit before tax was equivalent to 8.6% of quarterly operating revenue. The distinction between pre-tax and post-tax profit matters when interpreting earnings; neither ratio identifies an underlying cost driver without a properly matched comparative period.
Total income exceeded operating revenue by ₹9.67 crore. This is the disclosed difference between the two lines, not incremental sales. The distinction matters when assessing how much of the quarter’s reported income came from the operating top line.
Ratios above are calculated from the reported quarterly figures. They are analytical descriptions, not company-reported margin guidance or an investment recommendation.
03 · Why it moved
Why the quarter looked the way it did
What drove revenue
Revenue from operations reached INR 989.45 crore during Q1 FY27, bolstered by the commencement of commercial production at the newly constructed Bhiwadi manufacturing facility in late April 2026.
The company recorded other income of INR 9.67 crore during the quarter, contributing to a total income of INR 999.12 crore.
What drove margins
Cost of materials consumed represented the largest expenditure item at INR 847.31 crore, reflecting primary raw material requirements for polymer compounding operations.
Finance costs stood at INR 11.06 crore for the quarter, while depreciation and amortisation expenses were INR 4.79 crore and other expenses aggregated to INR 52.73 crore.
04 · Segments, products & geography
Which parts of the business are doing the work
Segments and products
The company operates primarily in the business of different grades of polymer compounds, constituting a single reporting segment under Ind AS 108 Operating Segments.
05 · Capacity, projects & execution
What is being built, commissioned or delivered
Capacity, production and utilisation
The new manufacturing facility at Bhiwadi, Rajasthan, commenced commercial production on April 28, 2026, with an installed capacity of 48,000 MTPA.
Projects, capex and execution
The entire cost attributable to the Bhiwadi manufacturing project was capitalised on April 28, 2026, under Ind AS 16 following the start of commercial operations.
06 · Beyond the numbers
What changed beyond the numbers
Board Appointment
The Board approved an addendum to the AGM notice regarding the appointment of Mrs. Rajni Mishra as an Additional Director under the category of Non-Executive Independent Director effective August 10, 2026.
BESS Project Relocation
The company announced the relocation of the BESS Project to Kolkata, with all other details remaining unchanged from the initial intimation dated January 5, 2026.
07 · Key Q&A
The quarter, answered directly
What does Ddev Plastiks Industries do?
Ddev Plastiks Industries Limited is an established Indian manufacturer specialising in the production of various grades of polymer compounds. These compounds serve as essential raw materials across diverse industrial applications, most notably in cable manufacturing, infrastructure, and electrical insulation sectors.
What is the clearest takeaway from Q1 FY27?
Ddev Plastiks Industries Limited reported a revenue from operations of INR 989.45 crore for the first quarter of fiscal year 2027, ended June 30, 2026. Total income for the quarter reached INR 999.12 crore, supported by other income of INR 9.67 crore.
What drove revenue or demand?
Revenue from operations reached INR 989.45 crore during Q1 FY27, bolstered by the commencement of commercial production at the newly constructed Bhiwadi manufacturing facility in late April 2026.
What mattered most for margins or profitability?
Cost of materials consumed represented the largest expenditure item at INR 847.31 crore, reflecting primary raw material requirements for polymer compounding operations.
What changed operationally beyond the headline numbers?
The new manufacturing facility at Bhiwadi, Rajasthan, commenced commercial production on April 28, 2026, with an installed capacity of 48,000 MTPA.
What should the next disclosure help confirm?
Monitor the production ramp-up and capacity utilisation trajectory of the newly operational 48,000 MTPA Bhiwadi plant throughout subsequent quarters of FY27.
08 · Scenario calculator
Earnings sensitivity: what if growth and margins change?
Build your own next-quarter scenario
Reported values are prefilled where a comparable basis is available. Otherwise, the field starts at 0. You can overwrite every field.
Example: enter 10 for 10% revenue growth. Enter -100 for a 1 percentage-point margin decline.
The calculator holds the selected margin basis constant except for the basis-point adjustment you enter. It does not estimate tax, finance cost, dilution, working capital, valuation or share price.
09 · Next filing checkpoints
What the next disclosure can confirm or change
- 01
Capacity Ramp-up at Bhiwadi: Monitor the production ramp-up and capacity utilisation trajectory of the newly operational 48,000 MTPA Bhiwadi plant throughout subsequent quarters of FY27.
Learn the metrics
Need the concepts first?
Use Nivata’s plain-English guides to understand the accounting terms used in this brief before interpreting them.
