Captain Polyplast Ltd
P&L
Quarterly Consolidated
vs Q3 FY25
Captain Polyplast Reports 76% Surge in FY25 Consolidated Net Profit; Net Profit Margin Expands to 10.8%
11 May 2025 · 11 May 2025, 01:16 pm
Summary
Captain Polyplast Limited, a leading manufacturer and exporter of micro irrigation solutions, reported a 76.14% YoY increase in net profit for FY25. The company's net profit margin expanded to 10.8%. The surge in profit was driven by a strong revival in the micro irrigation business in H2 and strong momentum in the solar EPC vertical. The company is optimistic about opportunities in both core and emerging business segments and is committed to driving sustainable growth through product innovation, operational efficiency, and customer-centric solutions.
Key Highlights
- 1
76.14% YoY increase in net profit for FY25
- 2
10.8% net profit margin in FY25
- 3
Strong revival in micro irrigation business in H2
- 4
Strong momentum in solar EPC vertical
- 5
Expected commencement of new Ahmedabad manufacturing plant before H1 FY26 end
Management Comments
Ritesh Khichadia
We ended the year on a healthy note with top line growth of 13.3% YoY in Q4 FY25. For the full year, we had two very different scenarios in both halves. In the first one, we faced a decline in revenue primarily due to challenges in the micro irrigation business on account of elections and extended monsoon. However, we saw strong revival in micro irrigation business in the H2. Also, throughout the year we witnessed strong momentum in the solar EPC vertical especially in residential and rooftop industrial projects. We expanded our network to multiple states in solar EPC during the year and will continue the same in FY26 as well. Looking ahead, we are optimistic about the opportunities in both our core and emerging business segments. The micro irrigation industry is poised for sustained growth, driven by increasing awareness, government support, and the need for water-efficient solutions. The PM Surya Ghar Yojna is providing a significant boost to residential rooftop projects which augurs well for our solar EPC vertical. We are also working towards a significant milestone with the new Ahmedabad manufacturing plant expected to commence before H1 FY26 end. We remain committed to driving sustainable growth through product innovation, operational efficiency, and customer-centric solutions. With a solid foundation in place and strong industry tailwinds, Captain Polyplast is well-positioned to create long-term value.
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