DDEVPLSTIKCommodities

Ddev Plastiks Industries Limited

Specialty Chemicals · ISIN INE0HR601026 · BSE 543547 · NSE EQ · FV ₹1
Last price
₹255
+1.17%today
What this company does

Ddev Plastiks Industries Limited operates in Specialty Chemicals, part of the Commodities sector. It booked ₹989 cr of revenue in its latest quarter (Q1 FY27) and kept 6.4% of sales as profit.

Ddev Plastiks is one of India’s foremost manufacturers of polymer compounds, with a NSE listing in 2025 legacy spanning over four decades.
Their stated mission

to deliver Shareholders benefit from largest and most trusted polymer products and services better liquidity, thanks to more efficient and transparent compounder worldwide, through of unparalleled quality, trading of our shares.

In the report:
63out of 100
Equitytale Health Score
Mixed

Healthier than 63% of companies in Commodities, on the 5 of 6 measures we could read for it. Each measure is ranked against the 43–173 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
35

At close. Not part of the score.

Profitability & returns79

How much profit it earns on the money it employs

Balance sheet70

How much it owes, and whether earnings cover the interest

Cash quality23

Whether reported profit actually arrives as cash

Valuation40

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Not measurable for this company: growth & consistency. Those pillars are left out of the score rather than counted as zero.

Is this company doing well?
not investment advice
Strengths
Makes a profit
Sales up 29% vs last year
Profit up 22% vs last year
Promoters hold 75%
No promoter shares pledged
Strong 25% return on equity
Virtually debt-free
Turns profit into real cash
Watch-outs
! Thin 6.4% net margin

What if I invest in DDEVPLSTIK?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 5% a year, it would become
₹15.50 lakh

The slider starts at 5%, taken from a generic assumption, not this company's history. That is history, not a forecast — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹255 +1.17%
latest close · 2026-09-17
52-wk low ₹24642 sessions so far52-wk high ₹315
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio10.4Low
LowAverageHigh
P/B ratio2.61Moderate
Below bookModerateHigh
EV / EBITDA6.6Low
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity25.2%Strong
WeakFairStrong ▸15%
Return on capital36.7%Strong
WeakFairStrong
Net margin6.4%Decent
ThinDecentStrong
EBITDA margin10.2%Decent
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.05Comfortable
LowModerateHigh ▸1
Interest cover8.7×Strong
RiskyOkayStrong ▸5×
Current ratio2.70Ample
Tight ◂1HealthyAmple
More figures
Market cap
₹2,640 cr
Book value
₹98
EPS
₹6.16
latest quarter
Net debt
₹9 cr
owes more than its cash
Enterprise value
₹2,649 cr
EBITDA
₹404 cr
annualised
EBIT
₹384 cr
annualised
Operating margin
9.7%
Return on assets
17.7%
Earnings yield
9.66%
P/S
0.67
Sales / share
₹382.5
Tax rate
25.0%
Face value
₹1
Shares
10.3 cr
Working capital
₹673 cr
Current assets
₹1,071 cr
Current liabilities
₹397 cr
Delivery %
60.4%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2025 report & filings
not investment advice
Looks overpricedMedium confidence
Median of 3 models ₹167 vs market price ₹255 — price is 53% above it
Safety cushion-52.6%(target ≥ +20%)
Models span ₹128₹199, midpoint ₹167
Model ₹167
Price ₹255
Cheap sideExpensive side

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹989 cr
Other Income₹10 cr
Total Income₹999 cr
Cost of Materials₹847 cr
Purchases of Stock-in-Trade₹0 cr
Inventory Change (±)₹-15 cr
Employee Benefit Expense₹13 cr
Finance Costs₹11 cr
Depreciation & Amortisation₹5 cr
Other Expenses₹53 cr
Total Expenses₹914 cr
Profit before Tax₹85 cr
Tax Expense₹21 cr
Net Profit₹64 cr
Net margin on total income6.4%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹833 cr83.4%
Employee benefit expense₹13 cr1.3%
Finance costs₹11 cr1.1%
Depreciation & amortisation₹5 cr0.5%
Other expenses₹53 cr5.3%
Tax expense₹21 cr2.1%
Profit for the period₹64 cr6.4%
Total income ₹999 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue733 cr766 cr989 cr
Total income737 cr778 cr999 cr
Expenses670 cr704 cr914 cr
Profit before tax67 cr73 cr85 cr
Tax19 cr19 cr21 cr
Net profit (owners' share)48 cr55 cr64 cr
Net margin (owners' share, on revenue)6.6%7.1%6.4%
EPS (₹)4.645.276.16
YoY (latest quarter): total income +28.8% · net profit +22.3%
Balance sheet & cash flow · as of Mar 2026
Low debt
Total assets
₹1,444 cr
Shareholder equity
₹1,013 cr
parent shareholders
Total debt
₹52 cr
Cash
₹43 cr
Cash flow · H1 FY26
Operating
₹77 cr
Investing
₹-43 cr
Financing
₹-31 cr
Peer comparison
Specialty Chemicals · by market value
CompanyPriceMarket capP/E
Pidilite Industries Limited₹1,552₹1.58 L cr45.3
Gujarat Fluorochemicals Limited₹4,472₹49,190 cr55.4
Navin Fluorine International Limited₹8,220₹42,169 cr43.3
Deepak Nitrite Limited₹1,605₹21,889 cr15.9
Aether Industries Limited₹1,623₹21,543 cr85.1
Atul Limited₹6,134₹18,057 cr18.4
Aarti Industries Limited₹477₹17,287 cr27.9
Fine Organic Industries Limited₹5,202₹15,949 cr28.9
BASF India Limited₹3,602₹15,591 cr11.2
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
0.20%
trailing 12 months
Dividend / share (TTM)
₹0.5
Last dividend
₹0.5
ex 20 Feb 2026
ActionDetailEx-date
Dividend₹0.5 / share20 Feb 2026
Dividend₹1.75 / share15 Sep 2025
Dividend₹1 / share20 Sep 2024
Dividend₹0.5 / share24 Nov 2023
Dividend₹1 / share18 Sep 2023
Bonus issue10:130 Jun 2023
Who owns it · 2026-06-30
No pledge
Promoter
75.0%
FII / Foreign
1.5%
DII / Domestic
0.1%
Retail / others
23.4%
Smart-money activity
Insider trades
SoldDdev Surana · Promoters7.52 L · ₹28.6 cr5 Feb 26
SoldDdev Surana · Promoters7.52 L · ₹28.6 cr5 Feb 26
SoldTara Devi Surana · Promoters82,555 · ₹3.1 cr4 Feb 26
Stake changes
SoldTara Devi Surana · promoter→ 0.00% · 82,5554 Feb 26
SoldNarrindra Suranna · promoter→ 0.00% · 15,3124 Feb 26
BoughtBbigplas Poly Private Limited · promoter→ 74.99% · 8.50 L4 Feb 26
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 22 Sep 2025
See the official result
1
To receive, consider and adopt the Audited Balance Sheet as at 31st March, 2025 and the Statement of Profit & Loss Account and Cash Flow Statement for the year ended as on that date and the Reports of the Directors and Statutory Auditor thereon.
Backed by 100% of shareholders other than promotersneeded 50%
60.46 L votes for, 58 against · 0% of mutual funds and other big investors said no
2
To declare dividend of Rs 1.75/- per Equity Share of face value Re. 1/- each ( i.e @ 175%) for the Financial Year ended 31st March, 2025.
Backed by 100% of shareholders other than promotersneeded 50%
60.46 L votes for, 58 against · 0% of mutual funds and other big investors said no
3
To appoint a Director in place of Mr. Ddev Surana (DIN: 08357094), who retires by rotation and being eligible, offers himself for re-appointment.
Backed by 100% of shareholders other than promotersneeded 50%
60.46 L votes for, 140 against · 0% of mutual funds and other big investors said no
4
Approval of the Remuneration payable to the Cost Auditors of the Company for the Financial Year ended 31st March, 2026
Backed by 100% of shareholders other than promotersneeded 50%
60.46 L votes for, 98 against · 0% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 5 named members
owning 75.0% between them · as of 2026-06-30
BBIGPLAS POLY PRIVATE LIMITED74.99%
DDEV SURANAno shares
NARRINDRA SURANNAno shares
SARLA SURANAno shares
TARA DEVI SURANAno shares

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.