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

Sleeply Enters India’s Mattress Industry backed by 36 years of expertise by Aadi Foam

New mattress brand combines Aadi Group’s manufacturing expertise with new-generation sleep innovation, including proprietary S5 Adaptive Zones technology New Delhi [India], August 25: Aadi Foam has announced the launch of Sleeply, its new mattress brand, marking the company’s entry into India’s evolving sleep and mattress market. Backed by over 36 years of experience in the […]

Read More
Business development management Dwarka Expressway gdv pipeline Gurugram Real Estate indiabulls limited october 2026 launch RERA

Indiabulls Adds Rs 3,700 Crore Dwarka Expressway Project; Total GDV Pipeline Rises to Rs 27,308 Crore

Mumbai (Maharashtra) [India], August 25: Indiabulls Limited (BSE: 533520 | NSE: IBULLSLTD), formerly known as Yaari Digital Integrated Services Limited, has expanded its real estate development pipeline with a new Development Management mandate for a premium residential project on the Dwarka Expressway in Gurugram. Under the agreement with a private landlord, the company will develop […]

Read More
Business

This Raksha Bandhan, Gift Your Sibling More Space for What They Love with Kingston Technology

Mumbai (Maharashtra) [India], August 25: Raksha Bandhan is a celebration of the bond between siblings—filled with familiar rituals, playful teasing and thoughtful gestures. This year, Kingston Technology, a world leader in memory products and technology solutions, is bringing a practical twist to the tradition of gifting, with technology that helps siblings make more room for the […]

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