Ddev Plastiks Industries Limited has announced a capital expenditure plan of about INR 110 crore for FY26, as the company looks to expand capacity and sustain growth momentum after a strong first-quarter performance.
Aug 26, 2025
For Q1 FY26, the company reported revenue from operations of around INR 769 crore, a 23% year-on-year increase, supported by robust demand from the wire and cable industry and a 50 basis point improvement in average selling prices. EBITDA stood at INR 79 crore with a margin of 10%, while PAT came in at approximately INR 52 crore, reflecting a 7% margin.
Watch: Top Cable Companies in India
During the quarter, Ddev Plastiks commissioned 5,000 metric tonnes of new compound capacity in Eastern India, taking its total installed capacity to 2,38,400 metric tonnes per annum. Production volumes rose 11% year-on-year to nearly 52,000 tonnes, with capacity utilization improving to 87%.
Also Read: Ocean Networks Taps Prysmian and International Telecom for 740-km Hawaiian Subsea Cable System
Management emphasized that the INR 110 crore capex allocation for FY26 will be directed towards capacity enhancement and operational efficiency, reinforcing the company’s ability to capture growing demand in its end-user industries.
