Please find attached the Transcripts of Earnings Call held on 11.08.2026 for the 01st quarter ended 30.06.2026

“Ddev Plastiks Industries Limited Q1 FY27 Earnings Conference Call” August 11, 2026 MANAGEMENT: MR. NARRINDRA SURANNA – CHAIRMAN AND MANAGING DIRECTOR – DDEV PLASTIKS INDUSTRIES LIMITED MR. DDEV SURANNA – WHOLE-TIME DIRECTOR AND CHIEF FINANCIAL OFFICER – DDEV PLASTIKS INDUSTRIES LIMITED MR. RAJESH KOTHARI – WHOLE-TIME DIRECTOR – DDEV PLASTIKS INDUSTRIES LIMITED MR. ARIHANT BOTHRA – CHIEF FINANCIAL OFFICER – DDEV PLASTIKS INDUSTRIES LIMITED MODERATOR: MS. SALONI AJMERA – GO INDIA ADVISORS LIMITED Page 1 of 20 Ddev Plastiks Industries Limited August 11, 2026 Moderator: Ladies and gentlemen, good day, and welcome to Q1 FY27 Earnings Conference Call for Ddev Plastiks Limited. As a reminder, all participant lines will be in the listen-only mode and there will be an opportunity for you to ask questions after the presentation concludes. Should you need assistance during this conference call, please signal an operator by pressing star then zero on your touchtone phone. Please note that this conference is being recorded. I now hand the conference over to Ms. Saloni Ajmera from Go India Advisors Limited. Thank you, and over to you, ma'am. Saloni Ajmera: Good afternoon, everyone. On behalf of Go India Advisors, I welcome you all to first quarter of FY27 earnings conference call of Ddev Plastiks Industries Limited. Today from the management, we have Mr. Narrindra Suranna, Chairman and Managing Director; Mr. Ddev Surana, Whole Time Director and CEO; Mr. Rajesh Kothari, Whole Time Director; and Mr. Arihant Bothra, the CFO. I now hand over the conference to Mr. Ddev Surana for his opening remarks, and then we will open the floor for the question and answer. Over to you, sir. Ddev Surana: Thank you. Good afternoon, everyone. Thank you for joining us today for Q1 FY27 earnings call of Ddev Plastiks Industries Limited. We truly appreciate the continued interest and confidence of our investors, analysts and other stakeholders. During today's call, we will discuss the company's performance for the quarter ended June '26, along with the key strategic and operational and industrial developments that are shaping our growth trajectory. The financial results and statements and investor presentation for the quarter have been approved by the Board of Directors and available on the stock exchanges. FY27 has commenced against a rapidly evolving global and domestic macroeconomic drop. While the world continues to navigate shifting geopolitical and economical realities, India remains one of the most few large economies demonstrating structural resilience, policy continuity and sustained growth momentum. The domestic macro environment continues to be supported by healthy public investment, improved private sector participation, more balanced corporate and banking sector balance sheets and resilient consumption demand. Recent policy measures, including rationalization of GST rates, reforms in personal income taxation and a more accommodative monetary policy environment are expected to provide further support to growth demand. In addition, India's expanding trade architecture, particularly the India-EU FTA, which is expected to provide preferential access to more than 99% of Indian exports, represents a meaningful opportunity for the Indian manufacturing, exports, employment and investment formation as well. These developments are closely aligned with the government's long-term vision of Viksit Bharat 2047 where infrastructure creation, productivity enhancements, industrial expansion and global competitiveness remain central pillars of transformation. At a sectoral level, we believe India is entering a multi-decade electrification and infrastructure expansion cycle. Globally, rising urbanization, industrialization, power consumption and Page 2 of 20 Ddev Plastiks Industries Limited August 11, 2026 digitalization are accelerating investments across electricity generation, transmission and distribution networks. India's installed power generation capacity is expected to nearly double from approximately 442 gigawatts in FY24 to around 900 gigawatts by FY32, supported by substantial investments of INR9 trillion in the transmission infrastructure. This expansion across substations, power transmission lines, transformer capacity and grid infrastructure is expected to generate sustained demand for distribution, power and specialty transformers while also creating significant long- term opportunities and potential and demand for the wire and cable ecosystem. The rapid emergence of India's digital economy is creating an additional layer of structural demand. Investments in data centers, semiconductor ecosystems, renewable energy infrastructure, industrial corridors and advanced manufacturing are steadily increasing the need for high-performance, reliable and specialized cable solutions. This is driving a gradual but decisive shift from conventional low-voltage applications towards medium, high-voltage and extra high-voltage applications. These advanced applications require specialized polymer compounds stringent customer approvals and command superior realizations and create meaningful entry barriers for new and unorganized participants. This industry evolution plays directly to the strength of Ddev Plastiks with the legacy spanning over 4 decades and the leadership position as India's largest polymer compound manufacturer. The company is exceptionally well positioned to participate in the structural up-cycle. Our strong qualification credentials established by customer relationships, deep manufacturing expertise, global laboratory certifications and proven quality standards make us the preferred partner for leading wire and cable companies in India and overseas. Despite geopolitical disruptions in recent years with many wars, our exports has still grown at a CAGR of 16% between FY22 and FY26, reflecting the growing acceptance of our products in the international markets as well. Today, Ddev Plastiks stands as a scaled, diversified and innovation-led polymer compounding company. Over a journey of more than 4 decades, we have continuously expanded capacities, broadened our product portfolios and strengthened our leadership across key product categories. As of June 2026, our total installed capacity stands at 3,16,400 metric tons per annum. We offer more than 200 specialized compounds and continue to maintain strong positions in critical segments, including a market share of 50% in the Sioplas market and a leading presence in the HFFR compound market in India. Importantly, this growth has been achieved while maintaining zero rejections, a robust balance sheet and a consistent record of sustainable value creation. Building on this foundation, we are also making a focused and strategic entry into the battery energy storage systems. We see that as a natural extension of our understanding of the power ecosystem and as a compelling opportunity emerging from India's renewable energy transmission. Page 3 of 20 Ddev Plastiks Industries Limited August 11, 2026 As the share of renewable energy in India's energy mix increases, storage solutions will become increasingly critical for grid stability, energy reliability and efficient power deployment. With the experience, financial discipline, operational capabilities and a flexible approach, we believe Ddev Plastiks is well placed to build a meaningful presence in this emerging business vertical over the long term. Our growth philosophy remains disciplined forward-looking and value accretive. In FY27 and beyond, we remain committed to expand capacities, invest in product innovation and move further up the value chain in higher EV compounds, deepening our penetration in international markets. Simultaneously, we will scale the BESS business in a calibrated and disciplined manner, ensuring that growth is pursued with commercial prudence and balance sheet strength. Supported by powerful structural drivers such as infrastructure development, electrification, [Showing first 8,000 characters — download PDF for full document]