DDEV PLASTIKS

Date: 03 September, 2024

To
The Manager,
Listing Department,
BSE Limited,
PJ Towers, Dalal Street,
Mumbai - 400 001.

Scrip Code: 543547/ ISIN: INEOHR601026

Dear Sirs

Sub: Presentation as placed at Analyst / Institutional Investor meetings held on 03.09.2024

Ref: Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Pursuant to Regulation 30(6) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
(“SEBI Listing Obligations”) read with Part A of Schedule IIl to the SEBI Listing Obligations, we wish to inform
you that the Analyst/Investors Meeting, as intimated vide letter dated 27.08.2024, was held on 03.09.2024.

The presentation used by the Management team at the said event is enclosed herewith and the same will also
be available on the website of the Company at [Link].

No unpublished price sensitive information pertaining to the Company was shared with the Analysts/ Investors.

This is for your information and records.

Thanking You,

Yours faithfully,
For Ddev Plastiks Industries Limited

TANVI Digitally signed by

TANVI GOENKA

GOENKA Date: 2024.09.03

[Link] +05'30'
Tanvi Goenka (Membership No. ACS 31176)
Company Secretary

Ddev Plastiks Industries Limited

Regd. Office : 2B, Pretoria Street, Kolkata - 700 071
Tel : +91-33-2282 3744/45/3671/99, E-mail : kolkata@[Link], [Link]
Mumbai Office : 106, Laxmi Plaza, Laxmi Industrial Estate, New Link Road, Andheri (West), Mumbai - 400 053, India
Tel : +91-22-67021470/71/72, E-mail : mumbai@[Link]
CIN : L24290WB2020PLC241791
Leading Manufacturer Of Compounds

Earning Presentation
1QFY25

Visit Our Website

[Link]
 Disclaimer

This presentation contains statements that contain “forward looking statements” including, but without limitation, statements relating to the
implementation of strategic initiatives, and other statements relating to Ddev Plastiks Industries Ltd.'s (“Ddev Plastiks” or “DPIL” or the
Company) future business developments and economic performance.
While these forward looking statements indicate our assessment and future expectations concerning the development of our business, a
number of risks, uncertainties and other unknown factors could cause actual developments and results to differ materially from our
expectations.
These factors include, but are not limited to, general market, macro-economic, governmental and regulatory trends, movements in currency
exchange and interest rates, competitive pressures, technological developments, changes in the financial conditions of third parties dealing
with us, legislative developments, and other key factors that could affect our business and financial performance.
Ddev Plastiks Industries Ltd undertakes no obligation to publicly revise any forward looking statements to reflect future / likely events or
circumstances.

Note- Numbers are rounded off to the nearest digit. Financials discussed in the presentation are consolidated. 2
About Us
4-10
 Ddev Plastiks : India’s Largest Manufacturer of Polymer Compounds

o 4 Decade of Operations – current capacity 2,33,400 MTPA (as of June, 2024). FY24 Financial Performance
o 5 manufacturing units with state-of-the art machinery, infrastructure, equipment,
and R&D facilities. Rs.2,431 cr 28%
o Diverse product portfolio with more than 200+ compounds. Revenue ROE

o Proven track record: FY20-FY24 CAGR

Revenue – 9%, EBITDA – 36%, PAT-60% (Consolidated) Rs.282 cr 11%

o India’s largest and leading manufacturer of XLPE compounds, product portfolio EBITDA EBITDA Margin
further extended to High Voltage PE based Cable Compounds and HFFR
Compounds.
Rs.182 cr 7%
o 1QFY25 financial performance PAT PAT Margin
Revenue – INR625cr, EBITDA- INR65cr, PAT- INR42cr

CRISIL A/Positive & CRISIL A1 ~INR 300cr 200+ 400+ 50+countries

Capex Products Employees Geographical Presence
Long term & Short term Credit Rating Over the next three years

Note: EBITDA includes Other Income. ROCE is calculated as Earning before Interest and Tax divided by Capital Employed (i.e. Total Assets less Current Liabilities). ROE is calculated as Profit after tax divided by Total Equity (i.e. Equity Share Capital+ Reserve and
Surplus+ Money Received against Share Warrants). Net Debt to Equity is calculated as Long and Short-term borrowing less Cash and Cash Equivalents divided by Total Equity.
4
1QFY25 Management Commentary

Commenting on the Performance, Narrindra Suranna, Chairman and Managing

Director said:

“I am pleased to announce that Ddev Plastiks has commenced FY25 with a strong
performance. On a consolidated basis, we achieved an EBITDA of INR 65 crores,
with a double digit EBITDA margin of 10%. Additionally, our PAT increased by 11%
yoy, reaching INR 42 crores for the quarter. Our sustained focus on value-added
niche products continues to strengthen our resilience, positioning the company for
even greater success with improved margins.

Looking ahead, we remain dedicated to leveraging our operational strengths,

driving innovation, and enhancing our market presence. We are committed to
creating exceptional value for our stakeholders, with a clear focus on achieving our
ambitious revenue target of INR 5,000 crores by FY2030.”

01
[Link] |
5
Our Business Model

• PVC Resin
• Polymer
Heating

Sourcing of raw
materials
Mixing
Compounding
Process

Grafting in case of XLPE

Pelletizing

Wire and Cable Compounds, White Good Engineering Plastics,

Engineering Compounds, Packaging Compounds , Footwear
Compounds
Key USP’s

01 02 03
Operating in five high growth Diversified Revenue Structure; Multi-location setup minimizing
categories. Leading supplier of cable transportation costs.
compounds in India

04 05 06
Strong R&D Infrastructure. Customisation of products with Highly competitive globally.
200+SKU’s.

7
 Operating in 5 High Growth Categories with 200+SKU’s

Antifab/Filled Halogen Free Flame

Sioplas/XLPE Engineering Plastic
Compounds/Master PVC Compounds Retardant
Compounds/Semicons Compounds
Batches (HFFR)
• Niche product with high • Global leader in XLPE and • Widely used in White
• Widely used in packaging • Amongst the two
margin business. EHV compounds since Goods and FMEG Industry.
industry like woven bag producers of HFFR in
1980.
and cement bag. India.
• Widely used in Wire & • High growth market with
Cable Industry, • Only player in country to very limited players in
• Ddev Plastiks stands as the • HFFR is expected to
Construction Industry. offer products from the India.
leading organized player replace PVC house wiring
range of 66kv to 132kv.
in the highly fragmented cables and the govt
• Global polymer • White Goods market is
unorganized market. mandate has come to
compounding market is • Major revenue contributor. estimated to cross $21bn
use/replace in mall, metro
expected to reach ~50% market share in by 2025 expanding at a
• Margins- ~3-5% stations, hospitals, schools.
USD115bn by FY30. Sioplas and ~33% in XLPE CAGR of 11%.
compounds.
• Margins: 10-12%
• Margins- ~4-6% • Margins- ~8-12% • Margins- ~10-15%

Source - [Link] 8
Our Organization & Business Structure
Value unlocked by the de-merger

Post Demerger Organization & Business Structure

Simplified Corporate Structure

Kkalpana Industries (India) Ltd

Maximizing Shareholders Value

Demerger Ratio 1:1

Kkalpana Industries Ddev Plastiks

(Listed on CSE &BSE) (Listed on BSE)

Focused Operations
Reprocessing & Recycling Polymer Compounding
Business

9
Largest Supplier of Cable Compounds in India
Revenue by Geography (INR Cr) Revenue distribution by sector (%)

Overseas
24%
Others
INR 18%
625

Packaging
Industry Revenue
India 3% Distribution
76%
according
Sales 1QFY25 to top three
sectors
Revenue by Product Category (INR Cr)
Wires and
Cable
Others Industry
Poly Vinyl 79%
13% Chloride
(PVC)
INR 11%
625 Polymer compounding is a preferred material to electrical
industry due to properties such as electrical insulation,
Polythylene(PE) corrosion inhibition, excellent heat resistance, high tensile and
76% durability and low density.

Sales 1QFY25

Apar, Havells, KEC, KEI, Paramount and Polycab contribute to ~22% of Total Revenue. 10
Investment Thesis
12-28
 Renewables has emerged as the new unprecedented catalyst
Polymer compounding is a preferred material to electrical industry due to properties such as electrical insulation, corrosion inhibition,
excellent heat resistance, high tensile and durability and low density.

50% Indian Cable and Wire

817 GW India’s power Cumulative electric Transmission Market Industry projected to
requirement by 2030 power installed to be ~INR60,000cr grow ~2x of India’s
green by 2030 GDP

1,20,000 41
11%
CAGR
16%
CAGR
80,000
65,000
15
33,500

FY15 FY22 FY24 FY27 FY23 FY30E

Anticipated Growth in the Indian Wires and Cables Market Value (INR cr) Anticipated Addition of Transmission Lines in India (‘000 km)

o ~2.5ltpa size of cable compounding industry in India; ~1/3rd of market share with Ddev Plastiks.
o Direct co-relationship cable industry growth and demand for Polymer Compounds.

Source - [Link]
[Link]
[Link] 12
Sectoral Tailwinds to support growth

Demand Global Polymer Compounding Market Growth (in USD bn) Government Polices

• Urbanization • National Infrastructure

• Changing consumer Pipeline
behavior • Har Ghar Bijlee
115
• Increasing per capita • Capex cycle uptick
income CAGR
• Electrification
• Premiumization 6.5% • Smart cities
• GDP growth • Plastic Parks
67

Sectoral ripple effect Global Trends

• Renewable Energy
• Substitution effect for
• Wires and Cables
natural raw materials.
• Electric mobility
• Industrial applications
• Real Estate
• China +1
• Infra push
• Furniture applications 2023 2031

The current opportunity landscape presents a fertile ground for businesses to achieve exponential growth in the medium-to-long term

13
Strategically located manufacturing capabilities
Installed
Name of the Plant Products manufactured
Capacity (MTPA)
Anti fibrillation Compound 12,000
Dhulagarh – West Bengal Sioplas & Semicon 15,000
PVC Compound 6,000
PVC Compounds Cables 38,000
Dadra and Silvasa - Dadra Plant 1
2 Nagar Haveli HFFR 5,000
Silvasa - Dadra Plant 2 Semicon Compounds 2,500
EP Compounds 2,400
Daman, Daman & Diu Sioplas 8,000
Anti fibrillation Compound 8,500
Semicon 8,400
Surangi, Dadra and Daman, UT Sioplas 92,600
Peroxide 35,000
Total 2,33,400
o Largest manufacture of polymer compounds in India with Installed capacity of
2,33,400 MT as of June,2024

o Five modern state of art manufacturing plants situated in the state of West Bengal,
3 West Bengal Daman & Diu and Dadra & Nagar Haveli
1 Daman & Diu
o Strategically located at both East & West coast of India results in lower freight costs

o World class R&D set up under the supervision of highly competent professionals

o Science & technology collaboration with leading institutes like IIT Kharagpur,
University Institute of Chemical Technology (Mumbai) etc.

o Judicious choice of equipment from Germany, Switzerland, Italy, Taiwan etc.

14
Strong R&D Infrastructure
Strong R&D Capabilities enabling innovation and new products launches

Product Pipeline

• XLPE Compound suitable for Insulation for Cables upto

132kv to be launched in the next few month.
• Next focus would be going up to 220Kv.

Powered by robust R&D

• Experienced R&D Engineers.

• Certificates from Domestic and International Labs.
• Large R&D center at Surangi

R&D centre at Surangi

15
Profit 6x in 5 years: Focus on High Margin Products
Net Revenue (INR Cr) EBITDA (Rs Cr) & EBITDA Margin %
~4,500-5,000 CAGR 282
CAGR
9% 36%
12% 10%
186
2,504 128
2,227
2,000 7%
1,711 1,534 6%
82 5% 74 5% 65
625

FY20 FY21 FY22 FY23 FY24 1QFY25 FY30 FY20 FY21 FY22 FY23 FY24 1QFY25

EBITDA EBITDA Margin

PAT (INR Cr) & PAT Margin % Production Volumes (in MT) & Product Wise Volume Split (%)

CAGR
182 1,39,178 1,24,094 1,40,017 1,43,986 1,66,718 46,585
60% 7%
0.49% 1% 2%
7% 2% 2% 1%
4% 1%
PAT 0.23%
PAT Margin (%) 4%
56% 55% 60% 64%
104 69% 74%
2%
55
2% 1% 42 19% 13%
24% 15%
27 15%
21 25% 15%
17% 22% 19% 14% 9%
FY20 FY21 FY22 FY23 FY24 1QFY25 FY20 FY21 FY22 FY23 FY24 1QFY25
Antifab PVC Compunds XLPE Engineering Products HFFR 16
Focus on shareholder value creation
Margins (%) PAT (INR cr) and EPS (INR per share)
182
20%
18%

14%
13% 13% 13%
12% 104
10%

7%
6% 7% 55
5% 5% 7% 42
4% 27
21
2%
2% 1% 17.56
5.82 11.07
2.93 2.25 4.10
FY20 FY21 FY22 FY23 FY24 1QFY25 FY20 FY21 FY22 FY23 FY24 1QFY25
Gross Margin EBITDA Margin PAT Margin PAT EPS

Return Ratios (%)

36%
ROCE ROE
• Our margins have improved as we move towards more value-
28% 28%
added high growth products.
22%
21%
19%

14% 14%
• PAT has grown at CAGR of 60% from FY20-24 and EPS has
9%
grown 5.99x
6%

• Strong return ratios has translated into superior wealth creation.

FY20 FY21 FY22 FY23 FY24

Note: ROCE is calculated as Earning before Interest and Tax divided by Capital Employed (i.e. Total Assets less Current Liabilities). ROE is calculated as Profit after tax divided by Total Equity (i.e. Equity Share Capital+ Reserve and Surplus+ Money Received
against Share Warrants). EBIT and EBITDA margin include Other income. 17
Strong Balance Sheet to support future growth
Net-worth (INR cr) Leverage Ratios
660

494
1.3
1.2
392
337
316
0.7

0.3 0.3
0.2 0.2
0.1
0.0

FY20 FY21 FY22 FY23 FY24 0.0

FY20 FY21 FY22 FY23 FY24
Net debt to equity Net debt to EBITDA

• Strong Balance to support capex plans of ~INR300cr to be done in staggered manner over the next three years via brownfield
expansion of existing manufacturing facilities.

• We became net debt-free in 4QFY24 and are committed to maintaining this status through FY25.

Credit Ratings
Rating Agency Long Term Rating Short Term Rating

A/Positive A1

18
Strategic Priorities

1. 2. 3. 4.

Strong focus on new Maximizing Operating Market Penetration

product development Leverage Stakeholder value
creation
• Improve presence in
• Pioneering Product • Capacity and domestic and
Launches on the back Capability • Profitable growth and overseas markets.
of strong R&D. enhancements. sound Balance Sheet.
• Collaborative efforts
• Penetrating further in • ~INR300cr of Capex • Focus on continuing with domestic and
HFFR segment target over the next being Net debt free in international
three years. FY25 and beyond. customers to develop
enhanced products.

19
 Pioneering Product Launches Powered by Extensive R&D
• Started manufacturing of Anti • Received Third Party
Track (Track Resistant) approval for India’s
• Started Compound suitable for 36 first locally produced • R&D on • Next focus going
manufacturing KV. It will find big demand in Water Tree Retardant producing PE upto 220KV
PE compounds years to come for MVCC (WTR XLPE Insulation) compounds of
for 66 – 72 KV (Medium Voltage for Covered Compounds. 132 KV cables
cables. Conductor). • Introduced XL HFFR
compound for Solar
• Started manufacturing PE
compounds for 72KV cables. Cables.

• R&D on producing PE
compounds of 132KV cables
Going
2017 2022 2023 2024
2017 2022 2023 2024 Forward
Future

WTR XLPE (Water Tree Retardant XLPE) for the insulation of cables (72kv application) was primarily imported, however, DPIL has introduced an
exceptional version that has successfully passed a long-term test at a third-party laboratory

• A novel compound highly effective in reducing the growth of electrical treeing caused by water, making it a superior choice for insulation
purposes.

• Successfully passed a two-year test on cable at a prestigious VDE laboratory, Germany.

• Reduced treeing result in better service life of the cable resulting into better returns for electrical distribution companies.

Note- Ddev Plastiks Ltd was part of Kkalpana Industries Ltd until 2022. 20
 Higher Capacity Utilization and Addition to drive future growth

Installed Capacity (MTPA) Utilization (%)

2,39,000
80%

2,37,500 70%
2,37,000 2,37,000
60% 59% 60%
52%

2,33,400
2,33,000

FY20 FY21 FY22 FY23 FY24 1QFY25

FY20 FY21 FY22 FY23 FY24 1QFY25
Antifab/Filled Compounds/Master Batches PVC Compounds
HFFR Engineering Plastics Compounds
Sioplas Compound/XLPE Compound/Semicons Engineering Plastics Compounds
Sioplas Compound/XLPE Compound/Semicons PVC Compounds
HFFR Total Installed Capacity
Antifab/Filled Compounds/Master Batches Total Utilization Rate

• High demand for Sioplas and XLPE/Sioplas compound from Wire and Cable Industry over the next decade.

• Full capacity utilization by FY26.

• INR300cr of capex to be incurred over the next three year.

• Decreasing utilization rates of PVC compounds and increasing utilization rates of XLPE compounds as the company reduces exposure from low
margin commodity products to value added high margin products. 21
Capex

125

2024:
Expansion of HFFR compounding capacity by 5,000 MTPA.
Debottlenecking.

2025:
New Greenfield Site at East & West 75
70
Debottlenecking.

2026:
Expansion of HFFR compounding capacity by 15,000 MTPA.
Building space for further capacity for all compounds. 30

2027:
Expansion of PE compounding capacity by 25,000 MTPA.

2024 2025 2026 2027

Planned Capex Targets (INR cr)
 Annual Operational Performance
FYE March, FY20 FY21 FY22 FY23 FY24
Antifab Installed Capacity 50,000 50,000 36,000 36,000 20,500
% Utilization 48% 55% 96% 76% 111%

PVC Compounds 40,000 44,000 44,000 44,000 44,000

% Utilization 84% 54% 42% 48% 57%

Sioplas/XLPE/Semicons 1,28,500 1,28,500 1,42,500 1,42,500 1,53,500

% Utilization 61% 53% 59% 65% 75%

Engineering Products 14,500 14,500 14,500 14,500 14,500

% Utilization 20% 36% 23% 13% 12%

HFFR - - - 2,000 5,000

% Utilization 35% 27%

Total Installed Capacity 2,33,000 2,37,000 2,37,000 2,39,000 2,37,500

% Utilization 60% 52% 59% 60% 70%
Note- There was shift of capacity from Antifab to Sioplas/XLPE/Semicons. 23
 Quarterly Operational Performance Trend
FYE March, 1QFY24 4QFY24 1QFY25
Antifab Installed Capacity 36,000 20,500 20,500
% Utilization 67% 98% 85%

PVC Compounds Installed Capacity 44,000 44,000 44,000

% Utilization 52% 63% 63%

Sioplas/XLPE/Semicons Capacity 1,42,500 1,53,500 1,61,500

% Utilization 74% 83% 85%

Engineering Products Capacity 14,500 14,500 2,400

% Utilization 15% 10% 17%

HFFR Capacity 2,000 5000 5,000

% Utilization 26% 48% 59%

Total Installed Capacity 2,39,000 2,37,500 2,33,400

% Utilization 65% 76% 80%

Note- There was shift of capacity from Antifab to Sioplas/XLPE/Semicons. 24

Penetrating in India and overseas markets
Geographical revenue structure (INR cr) Leading supplier across sectors
1823

1187
1063
968
905
787 Power Oil & Gas Construction Non Metal
671 608
476
349
267
149

FY20 FY21 FY22 FY23 FY24 1QFY25

Revenue from International Business Revenue from Domestic Business
IT Park Infrastructure Renewable Cement
Wallet Share from existing clients

32% 32%
30%
28%
26%

20% Real Estate Telecom Railway Agriculture

19% 20%
18% 18%

7% 6% 6% 7% 6%

Data centers Auto Nuclear Energy

FY20 FY21 FY22 FY23 FY24

% of revenue from top clients % of revenue from top 5 clients % of revenue from top 10 clients
25
SWOT

Strengths Weakness Opportunity Threats

• Established market • Supply chain disruption. • Increased replacement of • Increasing wireless

position. conventional material in communication
• Volatility in raw material various sectors. technology.
• Capability of large scale prices.
operation allowing • Surging need of • Global economic
economies of scale. • Restricted end use market Polyethylene (PE),(LDPE) slowdown concerns.
(HDPE), in packaging.
• Diverse product portfolio • Geo-political tensions
• Rising demand for flame-
retardant materials.

26
 HFFR
During the times of fire HFFR insulated cables considerably reduces the amount of toxic and corrosive gas emitted during combustion. A
low-smoke cable is desirable because it reduces the amount and density of the smoke, which makes exiting a space easier for occupants
as well as increases the safety of firefighting operations.

5,000MTPA
FY24
• HFFR insulated wires are cleaner and greener chemistry and have received
approval from BIS, under the Electro Technical [Link] HFFR market is
poised to grow 7x from ~28,000 MT as of today to ~2 lakh MT by FY30.

• As of June,2024 Ddev Plastiks has an installed capacity of 5,000 MTPA for HFFR.
The company plans to gradually increase this capacity to 20,000 MTPA by FY26.
20,000 MTPA
FY26

In India to phase out PVC cables Ministry of Consumer Affairs & Environment Ministry, have come up with initiatives
for making HFFR cables a part of the National Building Code of India.

Source - [Link] [Link] | 27

[Link]
Way
Way Forward
Forward

Overall Industry Shift from unorganized Higher growth New product

growth of double digit to organized sector from recently launches
launched products
Looking ahead, we remain
steadfast in our commitment
to maintaining a growth and
target a revenue to be
~INR5,000cr by FY2030 in
normal business scenario.
Entering new Capacity addition and Improved Global market
geographies enhancement conditions

28

[Link] | 28
Financials
30-33
 1QFY25 Consolidated Key Result Highlights
Revenue (INR Cr) EBITDA (INR Cr)

-2% 6%
YoY YoY 65
638

• In the fiscal, we experienced strong

625
61
demand from the Cables segment,
and our ongoing efforts to shift the
product mix towards niche and
high-voltage products led to better
1QFY24 1QFY25 1QFY24 1QFY25
growth in volumes.
Profit Before Tax (INR Cr) Profit after Tax (INR Cr)
• Better Product mix, significant
12% reduction in Finance Cost has
11%
YoY 57
YoY 42 resulted in better margins and
improved bottom-line.

51 38

1QFY24 1QFY25 1QFY24 1QFY25

Note- Number are rounded of to the nearest digit. EBITDA includes Other Income. 30
 Consolidated Q1FY25 Financial Performance
Particulars (INR in Cr) Q1FY25 Q1FY24 YoY% FY24

Revenue from Operations 625 638 -2% 2,431

EBITDA 65 61 6% 282

EBITDA Margin % 10% 10% 74bps 12%

Depreciation 3 3 4% 14

Earnings Before Interest & Tax 61 58 6% 268

Interest 4 7 -38% 23

Profit Before Tax 57 51 12% 245

Tax 15 13 14% 63

Net Profit 42 38 11% 182

PAT Margin (%) 7% 6% 79bps 7%

Earnings Per Share Basic (INR) 4.10 3.65 12% 17.56

Earnings Per Share Diluted (INR) 4.10 3.65 12% 17.56

31
Note- Number are rounded of to the nearest digit .EBITDA and EBIT includes Other Income.
Historical Income Statement
Particulars (INR in Cr) FY 21 FY 22 FY 23 FY24

Revenue from Operations 1,534 2,227 2,504 2,431

Gross Profit 199 291 355 475

EBITDA 74 128 186 282

EBITDA Margin % 5% 6% 7% 12%

Depreciation 11 12 12 14

Earnings Before Interest & Tax 64 116 174 268

Interest 35 41 33 23

Profit Before Tax 28 76 140 245

Tax 8 21 36 63

Net Profit 21 55 104 182

PAT Margin (%) 1% 2% 4% 7%

Earnings Per Share Basic (INR) 2.25 5.82 11.07 17.56

Earnings Per Share Diluted (INR) 2.25 5.82 11.07 17.56

Note- Number are rounded of to the nearest digit. EBITDA and EBIT includes Other Income 32
Historical Balance Sheet
Particulars (INR in Cr) FY 21 FY 22 FY 23 FY24 Particulars (INR in Cr) FY 21 FY 22 FY 23 FY24
(a) Equity Share Capital 9 9 9 10 Non-Current Assets
(b) Other Equity 328 382 485 650 Tangible Assets 201 206 225 231
Total Equity 337 392 494 660 Other Intangible Assets 0 0 0 0
Non-current Liabilities Capital Work in Progress 0 2 1 3
Financial Liabilities Right of use lease 0 1 1 0
(a) Borrowing 0 0.03 0 0 Other Financial Assets 0 7 15 11
(b) Lease Liability 0 0 0.22 0.06 Other Non-Current Assets 2 2 0 1
Provisions 0 3 3 4 Total Non-Current Asset 203 218 241 247
Deferred Tax Liabilities (Net) 23 24 24 23
Total Non-Current Liabilities 23 27 28 26 Current Assets
Inventories
Current Liabilities 228 276 218 205
Trade Receivables
Financial Liabilities 269 349 363 398
Cash and Cash Equivalents
(a) Borrowings 86 129 56 66 7 6 7 77
Other financial assets
(b) Lease Liabilities 0 0 0 0 0 2 4 5
Other current assets
77
(c) Trade Payables 0 351 291 181 78 80 63

Total Current Assets

(d) Other Financial Liabilities 0 11 29 38 581 711 671 748
Provisions 0 2 2 4
Other current liabilities 338 9 4 5
Current Tax Liabilities(net) 0 7 8 15
Total Current Liabilities 424 510 390 309
Total Equity and Liabilities 784 929 912 995 Total Assets 784 929 912 995 33
Note- Number are rounded of to the nearest digit.
Annexures
35-43
 Major Milestones Achieved
• Demerger of the two
businesses and listing post
Demrger.
• Set up of Engineering • Started manufacturing of
Plastic Compounding Anti Track (Track Resistant)
unit at Daman Compound suitable for 36
Started new factory Started new • Started manufacture KV. It will find big demand in
years to come for MVCC Increase of HFFR
Incorporated and Started new factory at Dhulagarh, factory at Surangi, of PE Compounds for
at Silvassa and Howrah, West Dadra & Nagar (Medium Voltage for capacity by
Set up Factory at
Kolkata Bengal Haveli (U.T.) 66-72 KV. Covered Conductor). 3,000MTPA
Daman

1985 1993 2004 2005 2010 2011 2013 2014 2017 2018 2022 2023 2024

Setting up of XLPE Setting up a new • Received Third Party

Listed on BSE Setting up of Merger of Alkom
factory at Bhasa, Speciality Compounding factory at Silvassa approval for India’s first
West Bengal Compounds Private facility at Surangi, for PE/PP locally produced Water
Limited Dadra & Nagar Compounds Tree Retardant (WTR XLPE
Haveli Insulation) Compounds.
• Introduced XL HFFR
compound for Solar Cables.
01

[Link] | 35
Experienced Board of Directors

Mr. Narrindra Suranna Mr. Ddev Surana

Chairman & Managing Director Whole Time Director and CEO
• Associated with Company since inception.
• Dynamic business leader and key driving force of
Wide experience in Plastic Industry,
Company.
Company has reached its present height
• [Link] (Hons.) from St. Xaviers, Kolkata, MSc from
under his leadership.
University of Warwick, UK and MBA from Babson
• [Link] (Hons.) and L.L.B from Calcutta
University, USA.
University.

Mr. Rajesh Kothari Ms. Mamta Binani

Whole-Time-Director Independent Director
• 25+ years of experience in the areas of marketing, • 21+ years of experience in corporate consultation &
after sale service and market research. He started advisory, on Board of several companies like GPT
his career at Kanoria Chemicals & Industries and Infrastructure Ltd, Century Plyboards (India) Ltd, Anmol
been associated with the group since 1997. Biscuits ltd.
• [Link] from Rajasthan University, Ajmer. • [Link], Law graduate and Fellow member of the ICSI.

Mr. Samir Kumar Datta Ms. Ramya Hariharan

Independent Director Independent Director

• Served on multiple industries during his service • In past, worked with Amarchand Mangaldas and Argus
tenure of 4 decades and started his practice as a Partners. Founder of Citadel Law Chambers. On the board
Cost accountant since 2007. of various listed and unlisted companies.
• Science graduate from Calcutta University and • Qualified Company Secretary and LLB from Calcutta
Fellow Cost Accountant. University.

01
[Link] | 36
Leadership Team

Mr Arihant Bothra Ms. Tanvi Goenka

Chief Financial Officer Company Secretary
• He is an Associate member of Institute of
• She is a graduate in commerce and has received her
Chartered Accountants of India and an IIM
membership of Institute of Company Secretaries of
Calcutta Alumni. Vast working experience for
India in 2012. She holds working experience of over
more than a decade in the areas of Finance,
12 years on mergers and acquisitions compliances
Accounting, Insurance, Information System and
involving listed as well as unlisted companies. She
Project Financing.
also has experience in all forms of restructuring
• Graduated from Calcutta University in 2010
including by way of scheme of arrangement

01
[Link] | 37
Accreditations and Industry Recognition

ISO Certificates KEMA Approval CPRI Approval CACT Approval

VDE Approval XLPE ROHS TESTS POWERGRID Approval UL Approval

PVC ROHS REACH TESTS ERDA

01
[Link] | 38
Benefits of strong Research and Development Infrastructure

Developments of various grades of PVC & XLPE

Maintenance of leading position in the market 1. 8. compounds to meet changing market needs

Efficiency and yield improvement, loss 7. Increased output and labor saving
reduction and modernization
2.

Increased market share 3. 6. Import substitution

Better market penetration 4. 5. Expand in new business areas

Strong focus over development of compounds that have wider industrial applications, particularly in cable, piping, packaging and footwear
industries
39
Awards & Recognitions

Awarded
Awarded
“Excellence in Sub-Sector-
“Excellence in Exports-
Plastics Polymers & Polymer
Petrochemicals”
Processing / Compounding
Federation of Indian
Chemicals” Federation of
Chambers of Commerce
Indian Chambers of
and Industry (FlCCl)
Commerce and Industry
(FlCCl)

01
[Link] | 40
Sustainability at the Core

Distributed balanced nutrition food to Undertaken the CSR Initiative of

Planted over 500 trees
School Students at Surangi providing Nutrition Supplement to TB
at manufacturing units and schools
Govt. High School patients in Surangi Village.

Installed 1MW Solar Power Panels through

Eye check ups of 600 persons and Installed Solar Panels at Surangi Unit, PPA with Amplus Solar, the installed
distributed 300 eye drops and 100 reducing 80 MT carbon emissions per capacity now stands at 1.7MW 01
specs month [Link] | 41
Diversified Customers - Domestic
Top clientele constitutes of prominent domestic and global companies

Well established relationships with renowned clientele provide stability to revenues and drive business going forward

01

42
Diversified Customers - Exports

43
For further information, please get in touch with

Saloni Ajmera Tanvi Goenka, CS

Go India Advisors Ddev Plastiks Industries Ltd
Tel: +91-99305 77801 Email: [Link]@[Link]
Email: saloni@[Link]

Sheetal Khanduja
Go India Advisors Arihant Bothra, CFO
Tel: +91-97693 64166 Ddev Plastiks Industries Ltd
Email: sheetal@[Link] Email: abothra@[Link]

[Link] 44