New Delhi, Nov. 5 -- Rajkot (Gujarat) [India], November 5: Captain Polyplast Limited (CPL, BSE: 536974), one of the leading manufacturer and exporter of micro irrigation solutions, and has diversified its operations into the fast-paced solar EPC and polymer markets, has reported its Unaudited financials for Q2 & H1 FY27.
Key Consolidated Financial Highlights
Q2 FY27
- Total Income of Rs.106.43 Cr, YoY growth of 32.89%
- EBITDA of Rs.10.28 Cr, YoY growth of 24.75%
- EBITDA Margin of 9.66%
- Net Profit of Rs.4.48 Cr, YoY growth of 5.55%
- Net Profit Margin of 4.21%
- EPS of Rs.0.75, YoY growth of 5.63%
H1 FY27
- Total Income of Rs.188.09 Cr, YoY growth of 25.14%
- EBITDA of Rs.20.14 Cr, YoY growth of 25.70%
- EBITDA Margin of 10.71%
- Net Profit of Rs.9.14 Cr, YoY growth of 7.02%
- Net Profit Margin of 4.86%
- EPS of Rs.1.53, YoY growth of 7.75%
Q2 FY27 Key Operational Highlights
About Captain Polyplast Limited (CPL)
Captain Polyplast Limited (CPL) is one of the leading players in the micro-irrigation industry, specializing in the manufacturing and export of equipment for a diverse range of agricultural applications. Established in 1997, the Company leverages over 25 years of expertise and operates manufacturing facilities in Rajkot (Gujarat) and Kurnool (Andhra Pradesh). It has built a strong distribution network spanning 16 states across India and exports to markets in Africa, Latin America, and the Middle East.
In recent years, CPL has diversified into the fast-growing solar EPC segment, focusing on solar water pumping systems and rooftop solar solutions, supported by strong government initiatives such as the PM-KUSUM scheme. The Company has also partnered with Indian Oil Corporation Limited (IOCL) for polymer product marketing in Gujarat, further strengthening its business portfolio.
The recently operational Ahmedabad plant, spanning ~70,000 sq. ft., is expected to enhance manufacturing efficiency and profitability by enabling in-house production of critical components, thereby improving capacity utilization.
Looking ahead, CPL aims to increase the share of commercial sales, including non-subsidy micro-irrigation, PVC pipes, and exports, to optimize working capital. It also plans to expand its domestic and international footprint, while growth in the solar EPC vertical is expected to further diversify the revenue mix.
With a strong focus on strategic partnerships, operational excellence, and product quality, CPL is well-positioned to enhance its manufacturing capabilities and strengthen its leadership in the micro-irrigation and renewable energy sectors.
In FY26 (Consolidated), Captain Polyplast Limited reported Total Income of Rs. 419.75 Cr, EBITDA of Rs. 46.32 Cr, and a net profit of Rs. 27.78 Cr.
Disclaimer
Certain statements in this document that are not historical facts are forward looking statements. Such forward-looking statements are subject to certain risks and uncertainties like government actions, local, political or economic developments, technological risks, and many other factors that could cause actual results to differ materially from those contemplated by the relevant forward-looking statements. The Company will not be in any way responsible for any action taken based on such statements and undertakes no obligation to publicly update these forward-looking statements to reflect subsequent events or circumstances.
Published by HT Digital Content Services with permission from PNN.