Want to see IN:DDEVPLSTIK full AI Analyst Report?
Top Page
Ddev Plastiks Industries Limited
(DDEVPLSTIK)
Select Model
Select Model
Rating:64Neutral
Price Target:
₹274.00
▲(12.18% Upside)
Action:Downgraded
Date:09/20/26
The score is driven primarily by solid financial fundamentals (strong growth and low leverage) offset by a meaningful cash-flow deterioration (negative free cash flow). Technicals further pressure the score due to weak momentum and the stock trading below key moving averages, while valuation is a supportive factor with a moderate P/E.
Positive Factors
Strong Revenue Growth
The sharp FY2026 revenue increase indicates substantial expansion in the company’s top line and market activity. Sustained growth can improve operating scale, support reinvestment, and strengthen competitive positioning, provided profitability and cash conversion remain controlled.
Negative Factors
Weak Cash Conversion
The steep decline in operating cash flow means reported earnings are converting into cash less effectively. Persistently weak conversion could constrain internally funded growth, increase reliance on working-capital management, and reduce the company’s ability to reinvest without additional financing.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong Revenue Growth
The sharp FY2026 revenue increase indicates substantial expansion in the company’s top line and market activity. Sustained growth can improve operating scale, support reinvestment, and strengthen competitive positioning, provided profitability and cash conversion remain controlled.
Read all positive factors
Ddev Plastiks Industries Limited (DDEVPLSTIK) vs. iShares MSCI India ETF (INDA)
Market Cap
₹25.08B
Dividend Yield0.73%
Average Volume (3M)5.90K
Price to Earnings (P/E)11.7
Beta (1Y)1.43
Revenue Growth15.33%
EPS Growth9.36%
CountryIN
Employees413
SectorGeneral
Sector StrengthN/A
IndustryChemicals
Share Statistics
EPS (TTM)20.63
Shares Outstanding103,476,660
10 Day Avg. Volume4,834
30 Day Avg. Volume5,899
Financial Highlights & Ratios
PEG Ratio1.11
Price to Book (P/B)1.93
Price to Sales (P/S)0.66
P/FCF Ratio-52.15
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)24.7
Revenue Forecast (FY)₹35.67B
Ddev Plastiks Industries Limited Business Overview & Revenue Model
Company Description
Ddev Plastiks Industries Limited specializes in the production and global distribution of bespoke plastic compounds. Its comprehensive product portfolio caters to a broad spectrum of industries. For the packaging sector, it supplies antifab compou...
Ddev Plastiks Industries Limited Financial Statement Overview
Summary
Income Statement
78
Positive
Balance Sheet
87
Very Positive
Cash Flow
42
Neutral
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 31.68B | 29.48B | 26.03B | 24.31B | 25.04B | 22.27B |
| Gross Profit | 5.22B | 4.58B | 4.68B | 4.64B | 3.48B | 2.86B |
| EBITDA | 3.32B | 3.20B | 2.81B | 2.75B | 1.61B | 1.21B |
| Net Income | 2.13B | 2.02B | 1.85B | 1.82B | 1.04B | 547.81M |
Balance Sheet | ||||||
| Total Assets | 0.00 | 14.44B | 11.55B | 9.95B | 9.12B | 9.29B |
| Cash, Cash Equivalents and Short-Term Investments | 586.86M | 644.90M | 1.04B | 766.90M | 69.52M | 60.50M |
| Total Debt | 0.00 | 568.27M | 462.95M | 662.75M | 561.66M | 1.30B |
| Total Liabilities | -10.13B | 4.30B | 3.20B | 3.35B | 4.18B | 5.37B |
| Stockholders Equity | 10.13B | 10.13B | 8.35B | 6.60B | 4.94B | 3.92B |
Cash Flow | ||||||
| Free Cash Flow | 551.46M | -375.42M | 794.98M | 931.89M | 1.17B | 78.02M |
| Operating Cash Flow | 773.19M | 582.25M | 1.37B | 1.16B | 1.45B | 264.91M |
| Investing Cash Flow | -431.17M | -426.23M | -1.14B | -179.35M | -351.69M | -180.15M |
| Financing Cash Flow | -310.63M | -152.17M | -566.13M | -284.52M | -1.09B | -100.04M |
Ddev Plastiks Industries Limited Technical Analysis
Negative
244.25
Price Trends
259.64
Negative
267.11
Negative
261.44
Negative
Market Momentum
-4.02
Positive
43.89
Neutral
16.20
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:DDEVPLSTIK, the sentiment is Negative. The current price of 244.25 is below the 20-day moving average (MA) of 250.28, below the 50-day MA of 259.64, and below the 200-day MA of 261.44, indicating a bearish trend. The MACD of -4.02 indicates Positive momentum. The RSI at 43.89 is Neutral, neither overbought nor oversold. The STOCH value of 16.20 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:DDEVPLSTIK.
Ddev Plastiks Industries Limited Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
73 Outperform | ₹127.22B | 23.93 | ― | 1.55% | 20.51% | 72.73% | |
71 Outperform | ₹26.44B | 11.90 | ― | 3.77% | 14.71% | 33.12% | |
66 Neutral | ₹8.89B | 6.00 | ― | 1.05% | 9.30% | 425.35% | |
64 Neutral | ₹25.08B | 11.74 | ― | 0.73% | 15.33% | 9.36% | |
56 Neutral | ₹16.36B | 20.03 | ― | 0.94% | -0.88% | 34.57% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
43 Neutral | ₹30.00B | -4.81 | ― | ― | -1.22% | -97.08% |
* General Sector Average
IN:DDEVPLSTIK
Ddev Plastiks Industries Limited
242.35
-56.53
-18.91%
IN:BEPL
Bhansali Engineering Polymers Ltd.
106.25
12.35
13.15%
IN:CHEMPLASTS
Chemplast Sanmar Limited
189.75
-209.20
-52.44%
IN:GULPOLY
Gulshan Polyols Limited
142.50
-7.92
-5.27%
IN:IGPL
IG Petrochemicals Ltd.
531.25
119.70
29.09%
IN:SPLPETRO
Supreme Petrochem Limited
676.55
-63.17
-8.54%
Ddev Plastiks Industries Limited Corporate Events
Ddev Plastiks Independent Director Ramya Hariharan Resigns, Exits Key Board Committees
Jul 27, 2026
Ddev Plastiks Industries Limited has announced the resignation of non-executive independent director Ramya Hariharan, effective July 27, 2026, citing professional commitments and preoccupation as the reason for stepping down. The company has clari...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.