Ddev Plastiks Industries Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for DDEVPLSTIK, BSE:543547 Ddev Plastiks Industries Ltd.

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Ddev Plastiks Industries Ltd.

12 Aug 2025

325.60

3.17%

Ddev Plastiks Industries: Q1FY26 Result Review

Buy: Ddev Plastiks Industries Ltd.

IDBI Capital

DDev Plastiks Industries Ltd (DDEVPLAS) reported a robust Q1FY26 earnings on key parameters. The company reported 9% YoY increase in NSR at Rs148/Kg, while sales volume increased by ~13% YoY to 51,733MT. The management remains committed to its long-term objective, targeting volume growth of approximately 10-15% and revenue growth of 12-13%. On a conservative basis, the company aims to achieve a revenue of about Rs4,500crs- Rs5,000crs by FY30. We believe DDEVPLAS is well poised to benefit from healthy demand outlook of domestic wires and cables industry. Given promising outlook by the...