DDev Plastiks (DDEVPLSTIK)
CyclicalFairStock Score: 55/100 — STEADY
Score breakdown: P/E: 2/3 · ROCE: 2/2 · Growth: 1/2 · Dividend: 0/1
Key Financials
| Current Price | ₹276.95 |
| Market Cap | ₹2,865.79 Cr |
| P/E Ratio | 14.2 |
| ROCE | 33.92% |
| ROE | 27.02% |
| Dividend Yield | 0.63% |
| Profit Growth | 22.2% |
| Debt/Equity | 0.06 |
| Sales Growth | 28.6% |
| Promoter Holding | 75% |
| 52-Week Range | ₹185.15 — ₹317.3 |
| Sector | Chemicals & Petrochemicals |
| Book Value | ₹97.95 |
AI Analysis
AI-generated, general educational analysis — not personal investment advice.
When I look at DDev Plastiks, I see a specialty chemicals business with the kind of balance sheet that makes a value investor smile. Earning 27% on equity and 33.9% on capital employed, with debt at just 0.05 times equity, this is a company that is putting its shareholders' money to excellent work. The Piotroski F-score of 7/9 further confirms a sound financial position, and a promoter holding of 75% shows owners are heavily invested alongside us. Sales grew a respectable 10.91%, but profit growth lagged at only 3.09% – that gap bothers me. If margins are under pressure, today's earnings power may not be as strong as the ROE suggests. At ₹242.75, I'm paying 14.09 times earnings and 3.38 times book value. For a company with modest profit growth, that PEG of 2.01 tells me I'm not getting a bargain. The stock has fallen from a 52-week high of ₹360, offering some cushion, but a 0.65% dividend yield means I'm not paid generously to wait. Graham would say: interesting business, but insufficient margin of safety. I admire the low debt and high returns, which hint at a niche moat in specialty chemicals. Yet, I need to see profit growth catch up with sales growth before I commit real capital. This is a good business – maybe an excellent one – but the price must match the reality. I'd let the earnings prove themselves in the coming quarters, keeping a close watch on margins and capital allocation. If the stock gets cheaper while fundamentals remain intact, this could become a very attractive investment. For now, I'd rather observe than act. The numbers just don't scream 'buy' yet.
The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.
Data from BSE/NSE filings. AI analysis is for educational purposes only — not investment advice. Scoring methodology · Disclaimer