Captain Polyplast Reports 48 percent growth in Total Income and 23 percent rise in EBITDA in Q2 FY26

Rajkot (Gujarat) [India], November 10: Captain Polyplast Limited (CPL, BSE: 536974), is one of the leading manufacturer and exporter of micro irrigation solutions, and has diversified its operations into solar EPCsegment. The Company reported its unaudited financials for Q2 & H1FY26.

Key Consolidated Financial Highlights

Particulars (₹ Cr) Q2 FY26 Q2 FY25 H1 FY26 H1 FY25
Total Income 80.09 54.11 150.31 119.77
EBITDA 8.24 6.69 16.02 13.51
EBITDA Margin (%) 10.29 12.37 10.66 11.28
PBT (Excluding Exceptional Gain) 5.76 3.48 11.12 7.16
Net Profit* 4.24 16.27 8.54 19.48
Net Profit Margin (%) 5.30 30.08 5.68 16.26
Diluted EPS (₹) 0.71 2.94 1.42 3.52

Note*: The Net Profit in Q2 & H1 FY25 includes as exceptional gain of ₹15.61 Cr

Commenting on the performance Mr. Ritesh Khichadia, a Whole Time Director of Captain PolyplastLimited said, “In Q2, we focused on strengthening our operations and maintaining steady progress across our core segments. We have reported healthy revenue growth of 48% YoY and EBITDA growth of 23% YoY during the quarter on account of growth in both micro irrigation and solar EPC segment. We have continued to grow our solar EPC business by expanding our presence in both rooftop and solar pumps segment. We have secured vendor empanelment for supply of solar pumps under PM-KUSUM scheme in Maharashtra and Gujarat.

Looking ahead, we expect strong government support continuing to drive demand for irrigation and solar solutions. The reduction in GST from 12% to 5% on drip irrigation, sprinklers, and solar equipment has improved affordability which augurs well for demand.”

Q2 FY26 Key Business Highlights

Maharashtra Solar pump Received empanelment from MSEDCL under the “Magel Tyala Saur Krishi Pump” Yojna with initial order for supply of 200 off-grid solar water pumps worth ₹5.97 Cr
Gujarat

Solar pump

 Received LOA from Dakshin Gujarat Vij Company Ltd under the PM-KUSUM Scheme for empanelment to supply off-grid solar water pumps across Gujarat

If you object to the content of this press release, please notify us at [email protected]. We will respond and rectify the situation within 24 hours.

Sameer Sharma

Business Platinum Corp

Marking 1.75 million sq. ft of development, Platinum Corp. targets 3.5 million sq. ft in prime Western suburbs and revenues of Rs 3,500 cr.

Mumbai (Maharashtra) [India], January 8: In the fifteen years since its inception, Platinum Corp. has essayed a pivotal role in the transformation of Mumbai’s real estate landscape – backed by their strong ethos of blending luxury with value, the group has established a strong and consistent execution record that encompasses over 1.75 million sq. ft. […]

Read More
Business heritage saree brand Prayanvi Timeless Weaves

Prayanvi Unveils Its Digital Journey, Celebrating India’s Timeless Weaves and Living Traditions

Prayanvi – Celebrating India’s Timeless Weaves and Living Traditions Bhubaneswar (Odisha) [India], January 8: Prayanvi, a heritage-inspired saree brand dedicated to India’s traditional handwoven textiles, officially unveiled its website on Sunday, January 4, 2026, at Suryansh Hotels & Resorts, Bhubaneswar. The launch marks a significant milestone in the brand’s journey of preserving India’s rich weaving heritage […]

Read More
Business car transport delhi Delhi NCR office shifting packers movers delhi pet relocation Power 250 Secure Move

Secure Move – Professional Packing & Moving Service in Delhi NCR You Can Trust

Moving made secure with Secure Move New Delhi [India], January 8: Secure Move is always one stop, no. 1 destination for packing & moving needs in Delhi NCR. No matter how confident you are, moving shakes you a little. There’s always that moment when you pause, look at your household items, and feel the weight of […]

Read More
Powered by WordPress | WP Magazine by WP Mag Plus