DDev Plastiks Industries Ltd: Intrinsic Value & Share Price Analysis

Fair Value

₹218.38Overvalued by 11.94%vs CMP ₹248.00

P/E (12.7) × ROE (21.8%) × BV (₹97.90) × DY (0.71%)

₹236.80Fairly Valued by 4.52%vs CMP ₹248.00
MoS: -4.7% (Negative)Confidence: 43/100 (Low)Models: 1 Under, 3 Fair, 4 Over
ModelCategoryValueWeightSignal
PE-ROEEarnings₹256.7726%Fair (+3.5%)
Graham NumberEarnings₹205.8116%Over (-17%)
Earnings PowerEarnings₹131.4013%Over (-47%)
DCFCash Flow₹425.7413%Under (+71.7%)
Net Asset ValueAssets₹98.108%Over (-60.4%)
EV/EBITDAEnterprise₹270.4710%Fair (+9.1%)
Earnings YieldEarnings₹192.308%Over (-22.5%)
Revenue MultipleRevenue₹252.076%Fair (+1.6%)
Consensus (8 models)₹236.80100%Fairly Valued
Key Drivers: Wide model spread (₹98–₹426) — high uncertainty.

PE-ROE · Graham · EPV · DCF · NAV · EV/EBITDA · DDM · Earnings Yield · ROCE Capital · Revenue Multiple | CoE: 12% · Terminal: 4% · EPS CAGR: 17.6%

*Investments are subject to market risks

Analyst Summary

DDev Plastiks Industries Ltd operates in the Plastics - Plastic & Plastic Products segment, NSE: DDEVPLASTIK | BSE: 543547, current market price is ₹248.00, market cap is 2,561 Cr.. At a glance, stock P/E is 12.7, ROE is 21.8 %, ROCE is 31.0 %, book value is 97.9, dividend yield is 0.71 %. The latest intrinsic value estimate is ₹236.80, which is broadly in line with the current market price. On operating trend, latest reported sales are about ₹2,603 Cr versus the prior period change of 7.1%, while latest net profit is about ₹186 Cr with a prior-period change of 2.2%. The 52-week range shown on this page is 360/185, which helps frame where the current quote sits within its recent trading band. Business context: About the Company - Qualitative AnalysisDdev Plastiks Industries Ltd. is a Public Limited Listed company incorporated on 07/12/2020 and has its registered office in the State of West Bengal, India. Company's Corporate Identification Number(…

This summary is generated from the stock page data available for DDev Plastiks Industries Ltd: Intrinsic Value & Share Price Analysis and is refreshed automatically when the underlying metrics change.

Investment Snapshot

70
DDev Plastiks Industries Ltd scores 70/100 (Strong)
Based on 5 dimensions: health, institutional flow, earnings quality, momentum, and peer comparison
Stock Health72/100 · Strong
ROCE 31.0% ExcellentROE 21.8% ExcellentD/E 12.31 High debtInterest Coverage 0.0x RiskyProfitable 4/5 years Consistent
Smart Money60/100 · Moderate
FII holding up 0.54% (6mo) Slight increasePromoter holding at 75.0% Stable
Earnings Quality65/100 · Strong
OPM expanding (6% → 11%) Improving
Quarterly Momentum68/100 · Strong
Revenue (4Q): +19% YoY GrowingProfit (4Q): +2% YoY Positive
Industry Rank85/100 · Strong
P/E 12.7 vs industry 33.9 Cheaper than peersROCE 31.0% vs industry 13.1% Above peersROE 21.8% vs industry 9.8% Above peers3Y sales CAGR: 5% Slow

Weights: Health 30% · Earnings Quality 25% · Momentum 20% · Industry Rank 15% · Smart Money 10%. Scores are computed from reported financials and recalculated daily.

Share Price and Basic Stock Data

Last Updated: June 12, 2026, 8:18 am

Market Cap 2,561 Cr.
Current Price 248
Intrinsic Value₹236.80
High / Low 360/185
Stock P/E12.7
Book Value 97.9
Dividend Yield0.71 %
ROCE31.0 %
ROE21.8 %
Face Value 1.00
PEG Ratio0.72

Stock P/E, Current Price, and Intrinsic Value Over Time

View Share Price Target for DDev Plastiks Industries Ltd

Competitors

Stock Name Market Cap Current Price High / Low Stock P/E Book Value Dividend Yield ROCE ROE Face Value
DDev Plastiks Industries Ltd 2,561 Cr. 248 360/18512.7 97.90.71 %31.0 %21.8 % 1.00
Mold-Tek Packaging Ltd 2,233 Cr. 672 893/45430.9 2080.60 %13.3 %10.9 % 5.00
Arrow Greentech Ltd 865 Cr. 573 818/34218.3 1550.70 %30.4 %22.4 % 10.0
Dhunseri Ventures Ltd 818 Cr. 234 386/1768.97 9392.14 %4.57 %2.81 % 10.0
IIRM Holdings India Ltd 782 Cr. 115 129/68.032.0 23.00.00 %20.4 %16.9 % 5.00
Industry Average1,745.27 Cr492.0333.91189.700.34%13.06%9.82%7.69

All Competitor Stocks of DDev Plastiks Industries Ltd

Quarterly Result

MetricDec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Sales 655667638642554597625580661737769680733
Expenses 613601584582493513567517590660696616657
Operating Profit 42675460608458647076736476
OPM % 6%10%8%9%11%14%9%11%11%10%9%9%10%
Other Income 09753865436114
Interest 7876554576678
Depreciation 3333343444445
Profit before tax 32645157558257606469706467
Tax % 28%25%26%25%27%25%25%26%28%25%25%26%28%
Net Profit 23483842406242454752524748
EPS in Rs 2.204.673.654.083.875.954.104.324.505.005.044.554.64

Last Updated: March 3, 2026, 11:04 am

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: February 27, 2026, 3:10 am

MetricMar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales 02,2272,5042,4312,6032,919
Expenses 02,1212,3442,1732,3342,630
Operating Profit 0106160258270289
OPM % 5%6%11%10%10%
Other Income 02226241724
Interest 04133232126
Depreciation 01212141518
Profit before tax 076140245251269
Tax % 28%26%26%26%
Net Profit 055104182186199
EPS in Rs 10.0617.5617.9319.23
Dividend Payout % 4%9%9%10%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2022-20232023-20242024-2025
YoY Net Profit Growth (%)89.09%75.00%2.20%
Change in YoY Net Profit Growth (%)0.00%-14.09%-72.80%

DDev Plastiks Industries Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 3 years from 2022-2023 to 2024-2025.

Growth

Compounded Sales Growth
10 Years:%
5 Years:%
3 Years:5%
TTM:14%
Compounded Profit Growth
10 Years:%
5 Years:%
3 Years:50%
TTM:5%
Stock Price CAGR
10 Years:%
5 Years:%
3 Years:81%
1 Year:-8%
Return on Equity
10 Years:%
5 Years:%
3 Years:27%
Last Year:25%

Last Updated: September 5, 2025, 3:11 pm

Balance Sheet

Last Updated: June 1, 2026, 6:00 am

MonthMar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital 0.0199101010
Reserves 03824856508241,003
Borrowings 013056664657
Other Liabilities 0408362269274374
Total Liabilities 09299129951,1551,444
Fixed Assets 0207225231275304
CWIP 0213150
Investments 00006121
Other Assets 07206867618171,069
Total Assets 09299129951,1551,444

Reserves and Borrowings Chart

Cash Flow

MonthMar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity + 02614511613785
Cash from Investing Activity + 0-11-35-18-114-41
Cash from Financing Activity + 0-10-109-28-57-44
Net Cash Flow 06170-340
Free Cash Flow 081179480-11
CFO/OP 37%113%67%79%51%

Free Cash Flow

MonthMar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Free Cash Flow0.00-24.00104.00192.00224.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

MonthMar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days 57536065
Inventory Days 52373842
Days Payable 66493435
Cash Conversion Cycle 43416472
Working Capital Days 32405466
ROCE %45%32%42%34%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthMar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Promoters 74.84%74.84%74.84%74.85%74.97%74.97%74.99%74.99%74.99%74.99%74.99%74.99%
FIIs 0.00%0.14%0.17%0.12%0.01%0.02%0.03%0.03%0.36%0.36%1.13%0.90%
DIIs 0.00%0.00%0.00%0.25%0.24%0.31%0.26%0.49%0.52%1.15%0.80%0.96%
Public 25.15%25.01%24.98%24.78%24.77%24.69%24.71%24.48%24.11%23.49%23.07%23.14%
No. of Shareholders 13,20018,39824,07125,98127,15128,42237,38337,92438,53937,98535,40635,011

Shareholding Pattern Chart

No. of Shareholders

DDev Plastiks Industries Ltd: Intrinsic Value & Share Price Analysis - Shareholder trend analysis

This stock is not held by any mutual fund.

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 25Mar 24Mar 23Mar 22Mar 21
FaceValue 1.001.001.001.0010.00
Basic EPS (Rs.) 17.9317.5611.075.82-3.50
Diluted EPS (Rs.) 17.9317.5611.075.82-3.50
Cash EPS (Rs.) 19.3818.9312.357.05-3.50
Book Value[Excl.RevalReserv]/Share (Rs.) 80.6763.7752.5441.666.50
Book Value[Incl.RevalReserv]/Share (Rs.) 80.6763.7752.5441.666.50
Dividend / Share (Rs.) 1.751.500.000.240.00
Revenue From Operations / Share (Rs.) 251.58234.95266.15236.720.00
PBDIT / Share (Rs.) 27.7327.2419.7413.59-3.50
PBIT / Share (Rs.) 26.2825.8718.4512.37-3.50
PBT / Share (Rs.) 24.2223.6414.928.04-3.50
Net Profit / Share (Rs.) 17.9317.5611.075.82-3.50
PBDIT Margin (%) 11.0211.597.415.740.00
PBIT Margin (%) 10.4411.016.935.220.00
PBT Margin (%) 9.6210.065.603.390.00
Net Profit Margin (%) 7.127.474.152.450.00
Return on Networth / Equity (%) 22.2227.5321.0613.97-53.84
Return on Capital Employeed (%) 31.3239.0133.2627.77-53.84
Return On Assets (%) 16.0618.2511.415.89-4.01
Total Debt / Equity (X) 0.050.100.110.3212.31
Asset Turnover Ratio (%) 2.422.552.724.790.00
Current Ratio (X) 3.012.421.721.391.08
Quick Ratio (X) 2.161.761.160.851.08
Inventory Turnover Ratio (X) 11.6311.498.680.000.00
Dividend Payout Ratio (NP) (%) 5.578.540.000.000.00
Dividend Payout Ratio (CP) (%) 5.167.920.000.000.00
Earning Retention Ratio (%) 94.4391.460.000.000.00
Cash Earning Retention Ratio (%) 94.8492.080.000.000.00
Interest Coverage Ratio (X) 13.4812.235.593.140.00
Interest Coverage Ratio (Post Tax) (X) 9.718.884.132.340.00
Enterprise Value (Cr.) 2639.741761.84791.800.000.00
EV / Net Operating Revenue (X) 1.010.720.310.000.00
EV / EBITDA (X) 9.206.254.260.000.00
MarketCap / Net Operating Revenue (X) 1.010.720.290.000.00
Retention Ratios (%) 94.4291.450.000.000.00
Price / BV (X) 3.162.691.500.000.00
Price / Net Operating Revenue (X) 1.010.720.290.000.00
EarningsYield 0.070.100.140.000.00

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

About the Company - Qualitative Analysis

Ddev Plastiks Industries Ltd. is a Public Limited Listed company incorporated on 07/12/2020 and has its registered office in the State of West Bengal, India. Company's Corporate Identification Number(CIN) is L24290WB2020PLC241791 and registration number is 241791. Currently Company is involved in the business activities of Manufacture of plastic in primary forms (includes amino-resins, polyurethanes etc.). Company's Total Operating Revenue is Rs. 2947.87 Cr. and Equity Capital is Rs. 10.35 Cr. for the Year ended 31/03/2026.
INDUSTRYADDRESSCONTACT
Plastics - Plastic & Plastic Products2B, Pretoria Street, Kolkata West Bengal 700071Contact not found
Management
NamePosition Held
Mr. Narrindra SurannaChairman & Managing Director
Mr. Ddev SurannaWholeTime Director & CEO
Mr. Rajesh KothariWhole Time Director
Ms. Mamta BinaniInd. Non-Executive Director
Ms. Ramya HariharanInd. Non-Executive Director
Mr. Samir Kumar DuttaInd. Non-Executive Director

FAQ

What is the intrinsic value of DDev Plastiks Industries Ltd and is it undervalued?

As of 12 June 2026, DDev Plastiks Industries Ltd's intrinsic value is ₹236.80, which is 4.52% lower than the current market price of ₹248.00, suggesting the stock is overvalued. This is calculated using the PE ratio method factoring in ROE (21.8 %), book value (₹97.9), dividend yield (0.71 %), and 5-year EPS CAGR.

What is the current share price and 52-week range of DDev Plastiks Industries Ltd?

DDev Plastiks Industries Ltd is trading at ₹248.00 as of 12 June 2026, with a FY2026-2027 high of ₹360 and low of ₹185. The stock is currently in the middle of its 52-week range. Market cap stands at ₹2,561 Cr..

How does DDev Plastiks Industries Ltd's P/E ratio compare to its industry?

DDev Plastiks Industries Ltd has a P/E ratio of 12.7, which is below the industry average of 33.91. Trading at a steep discount to peers could signal a value opportunity or reflect concerns about the company's fundamentals.

Is DDev Plastiks Industries Ltd financially healthy?

Key indicators for DDev Plastiks Industries Ltd: ROCE of 31.0 % indicates efficient capital utilization; ROE of 21.8 % shows strong shareholder returns. Dividend yield is 0.71 %.

Is DDev Plastiks Industries Ltd profitable and how is the profit trend?

DDev Plastiks Industries Ltd reported a net profit of ₹186 Cr in Mar 2025 on revenue of ₹2,603 Cr. Compared to ₹55 Cr in Mar 2022, the net profit shows an improving trend.

Does DDev Plastiks Industries Ltd pay dividends?

DDev Plastiks Industries Ltd has a dividend yield of 0.71 % at the current price of ₹248.00. The company pays dividends, though the yield is modest.

Last Updated: June 12, 2026, 8:18 am
Author: Getaka|Social: XLinkedIn
Stock Ticker - BSE: 543547 | NSE: DDEVPLASTIK
Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in DDev Plastiks Industries Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE