As of 6 Nov 2026, Ddev Plastiks Industries trades at 12.2× trailing earnings, below the industry P/E of 22.1×, and the shares are 21% below their 52-week high. It earns ROCE of 28% and ROE of 22%, and sales and net profit grew 5.6% and 25% a year over 3 years. It has almost no debt, and its dividend yield is 0.7%. It is a small-cap company with a market cap of ₹2,598 Cr, ranked 51st of 204 Specialty Chemicals companies by market cap; the shares fell 13% over the past year.
- ₹258.00
- ₹258.72
- ₹248.13
- ₹259.59
- 75K
Health check
- ReturnsBehind
−12.6% over a year, better than 0 of 7 peers.
- Price tagCheaper
P/E 12.2 vs industry 22.1.
- GrowthSteady
Sales +5.6%, profit +24.7% a year over 3 years.
- ProfitabilityStrong
ROCE 27.7% vs peer median 24.4%.
- Balance sheetFair
Debt 0.06× equity, interest covered 17.9×, Piotroski 4 of 9.
- Red flagsNone found
No warning signs in the headline numbers.
Small cap
Market sensitivity
Key metrics
- Market cap
- ₹2,598 Cr
- Small cap
- P/E
- 12.2
- Industry 22.1
- Price to book
- 2.56
- Peers 13.33
- Dividend yield
- 0.70%
- ROE
- 21.8%
- Peers 23.0%
- ROCE
- 27.7%
- Peers 24.4%
- Debt to equity
- 0.06
- Debt ₹57 Cr
- EPS (TTM)
- ₹20.62
- Face value ₹1
- OPM (TTM)
- 9.6%
- Net margin 6.7%
- Sales growth
- +28.6%
- Latest quarter vs a year ago
- Profit growth
- +22.3%
- Latest quarter vs a year ago
- Price to sales
- 0.82
- EV/EBITDA 8.5
Strengths and risks
Strengths
- Return on equity of 21.8%.
- Return on capital employed of 27.7%.
- Practically debt-free.
- Quarterly profit up 22.3% on a year ago.
- Quarterly sales up 28.6% on a year ago.
About Ddev Plastiks Industries
Ddev Plastiks Industries Limited manufactures and sells customized compounds in India and internationally. It offers antifab, filled compounds, and master batches used in woven sacks, cement bags, and industrial packaging solutions; PVC compounds used in wire and cable, construction, and footwear industries; halogen free flame retardant (HFFR) compounds; and sioplas, XLPE compounds, semicons, and EHV compounds. The company also offers engineering plastic…
- Headquarters
- Kolkata
- Employees
- 413
- Sector
- Basic Materials
- ISIN
- INE0HR601026
- Website
- ddevgroup.in
Price range
- Avg volume (3M)
- 1 L
- 1-year return
- minus 12.6%
- From 52-week high
- minus 20.9%
Peers · Specialty Chemicals
| Company | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| ASIANPAINTAsian Paints | 2,546.00 | plus 0.88% | 2,44,025 | 50.5 | 35.0 | 24.4% | 18.9% | 0.21 | 1.1% | plus 1.5% |
| SOLARINDSSolar Industries India | 18,608.00 | plus 0.48% | 1,68,384 | 74.4 | 64.1 | 29.5% | 27.8% | 0.22 | 12.4% | plus 35.9% |
| PIDILITINDPidilite Industries | 1,579.00 | plus 1.63% | 1,60,827 | 60.0 | 44.4 | 28.5% | 23.5% | 0.03 | 7.4% | plus 6.8% |
| LINDEINDIALinde India | 6,859.00 | plus 8.73% | 58,496 | 118.4 | 64.2 | 16.3% | 31.5% | 0.23 | – | plus 5.4% |
| BERGEPAINTBerger Paints India | 478.35 | minus 5.28% | 55,776 | 45.4 | 29.4 | 20.6% | 15.3% | 0.15 | 4.2% | minus 6.0% |
| FLUOROCHEMGujarat Fluorochemicals | 4,665.50 | minus 0.94% | 51,251 | 75.9 | 44.0 | 9.6% | 24.1% | 0.26 | −4.5% | plus 28.0% |
| ACUTAASAcutaas Chemicals | 3,786.60 | plus 0.42% | 31,001 | 70.9 | 64.1 | 27.7% | 39.4% | 0.01 | 29.4% | plus 105.6% |
| DDEVPLSTIKDdev Plastiks Industries | 251.08 | minus 3.28% | 2,598 | 12.2 | 8.6 | 27.7% | 9.6% | 0.06 | 5.6% | minus 12.6% |
| Median of 7 peers | – | 0.48% | 58,496 | 70.9 | 44.4 | 24.4% | 24.1% | 0.21 | 5.8% | 6.8% |
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| 769 | 680 | 733 | 766 | 989 | |
| 696 | 616 | 657 | 691 | 898 | |
| 72.9 | 63.9 | 75.6 | 74.3 | 91.2 | |
| 9.5% | 9.4% | 10.3% | 9.7% | 9.2% | |
| 6.5 | 10.8 | 4.4 | 11.9 | 9.7 | |
| 5.5 | 6.9 | 8.3 | 8.2 | 11.1 | |
| 4.1 | 4.2 | 4.8 | 4.7 | 4.8 | |
| 69.8 | 63.5 | 67 | 73.4 | 85 | |
| 25.2% | 25.9% | 28.3% | 25.0% | 25.0% | |
| 52.2 | 47.1 | 48 | 54.5 | 63.8 | |
| 5.04 | 4.55 | 4.64 | 5.27 | 6.16 |
Profit & loss
- Sales CAGR 3Y
- +5.6%
- Profit CAGR 3Y
- +24.7%
- EPS CAGR 3Y
- +28.7%
- ROE
- 21.8%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 2,504 | 2,431 | 2,603 | 2,948 | |
| – | minus 2.9% | +7.1% | +13.2% | |
| 2,338 | 2,169 | 2,331 | 2,646 | |
| 166 | 263 | 273 | 302 | |
| 6.6% | 10.8% | 10.5% | 10.2% | |
| 13.1 | 11.7 | 7.6 | 16.1 | |
| 25.5 | 16.3 | 14.9 | 16.2 | |
| 12.1 | 14.2 | 15 | 17.8 | |
| −1 | 0.9 | 0.5 | −10.3 | |
| 140 | 245 | 251 | 274 | |
| 25.8% | 25.7% | 26.0% | 26.2% | |
| 104 | 182 | 185 | 202 | |
| – | +74.5% | +2.1% | +8.8% | |
| 9.15 | 17.56 | 17.93 | 19.50 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 9.4 | 10.3 | 10.3 | 10.3 | |
| 485 | 650 | 824 | 1,003 | |
| 56.2 | 66.3 | 46.3 | 56.8 | |
| 362 | 269 | 274 | 374 | |
| 912 | 995 | 1,155 | 1,444 | |
| 226 | 234 | 281 | 365 | |
| 0.7 | 2.9 | 6 | 61 | |
| 13.7 | 10.1 | 11.5 | 7.6 | |
| 7 | 76.7 | 104 | 58.2 | |
| 665 | 671 | 752 | 952 | |
| 912 | 995 | 1,155 | 1,444 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 145 | 116 | 137 | 84.5 | |
| −35.2 | −17.9 | −114 | −40.6 | |
| −109 | −28.5 | −56.6 | −43.6 | |
| 0.9 | 69.8 | −33.8 | 0.4 | |
| −28.6 | −23 | −57.7 | −95.8 | |
| 117 | 93.2 | 79.5 | −11.3 | |
| −2.3 | −15.5 | −10.3 | −23.3 |
Shareholding pattern
- Promoters75.00%
- Public25.00%
| Quarter | Split | Promoters | Public | Promoter change |
|---|---|---|---|---|
| 30 Sep 2026 | 75.00% | 25.00% | 0.00 | |
| 30 Jun 2026 | 75.00% | 25.00% | 0.00 | |
| 31 Mar 2026 | 75.00% | 25.00% | 0.00 | |
| 31 Dec 2025 | 75.00% | 25.00% | 0.00 | |
| 30 Sep 2025 | 75.00% | 25.00% | – |
Major shareholders
Filings & events
News
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