Summary

Captain Polyplast Limited, a leading manufacturer and exporter of micro irrigation solutions and a player in the solar EPC segment, reported its unaudited financials for Q1 FY26. The company recorded a revenue growth of 7% YoY, expansion in EBITDA margins, and a standalone net profit growth of 51% YoY.

Key Highlights

1. 1

   Standalone net profit growth of 51% YoY

2. 2

   Revenue growth of 7% YoY

3. 3

   Expansion in EBITDA margins

4. 4

   Recent business update: Empanelment for supply of solar pumps under Component-B of the PM-KUSUM scheme by DGVCL in Gujarat

5. 5

   Credit rating upgrade from BBB- to BBB for long-term facilities and from A3 to A3+ for short-term facilities

6. 6

   Allotment of 21,30,000 equity shares upon conversion of warrants to promoter and non-promoter group

7. 7

   Upcoming Ahmedabad plant to commence operations in Q1 FY26, enhancing manufacturing efficiency and profitability

8. 8

   Company aims to increase the mix of commercial sales, expand network, and grow Solar EPC vertical