| Metric | Value (₹ Cr) | vs Q2 FY25 |
|---|---|---|
| Revenue | 20.66 | 63.8% |
| Total Income | 20.72 | 63.5% |
| Expenditure | 19.26 | 67.2% |
| PBT | 1.46 | 26.1% |
| Net Profit | 1.09 | 28.8% |
| OPM | 3.86% | 0.51pp |
| NPM | 5.28% | 1.43pp |
| EPS | 0.07 | 16.7% |
Captain Pipes Ltd Reports 7.4% YoY Increase in Profit After Tax for Q3 FY25
31 Jan 2025 · 31 Jan 2025, 10:51 pm
Summary
Captain Pipes Ltd, a leading company in the PVC Pipes industry, has reported a 7.4% year-on-year increase in Profit After Tax (PAT) for the quarter ended on 31 December 2024 (Q3 FY25). The revenue from operations for Q3 FY25 increased by 2% YoY to Rs. 2,066 Lakhs. However, the EBITDA decreased by 6.3% YoY to INR 199 lakhs due to decreased margins. The company is positive about improving demand in Q4 due to low PVC resin prices and anticipates the commencement of its new plant near Ahmedabad in Q4.
Key Highlights
- 1
Revenue from operations increased by 2% YoY to Rs. 2,066 Lakhs in Q3 FY25
- 2
EBITDA decreased by 6.3% YoY to INR 199 lakhs in Q3 FY25
- 3
Profit After Tax (PAT) increased by 7.4% YoY to Rs. 109 Lakhs in Q3 FY25
- 4
Construction of a new plant near Ahmedabad is on schedule with expected commissioning in Q4
- 5
New facility with 20,000 MTPA capacity is expected to enhance production capabilities
Management Comments
Mr. Gopal D. Khichadia (Managing Director)
During Q3 our revenue from operations increased by 2% year-on-year, reaching Rs. 2,066 Lakhs compared to Rs. 2,025 Lakhs in the same period last year. The revenue growth has remained muted due to adverse PVC resin price scenario and lower demand from the infra segment. Considering the current low levels of PVC resin price and reduced inventory level in the channel, we remain positive on improving demand in the Q4. Additionally, anti-dumping duty is awaited on imported PVC resin which may lead to improvement in channel sentiment. Our EBITDA decreased 6.3% year-on-year to INR 199 lakhs on account of decrease in margins by 90 BPS. The Profit After Tax (PAT) increased 7.4% year-on-year to Rs. 109 Lakhs in Q3FY25. We are glad to inform that the construction of our new plant near Ahmedabad in going as per schedule with expected commissioning in Q4. In addition to supporting our growth objectives, this new facility with 20,000 MTPA capacity is expected to further enhance our production capabilities.
Informational and educational content only. Not investment advice.