Captain Polyplast Limited (CPL)
Latest quarterly results (Q1 FY27)
In its latest reported quarter, Q1 FY27, Captain Polyplast's revenue was ₹81.2 Cr (+16.4% year on year, -42.6% on the previous quarter), and net profit ₹4.7 Cr (+12.1% year on year); the operating margin was 11.5%.
| Q1 FY27 (₹ Cr) | Value | YoY vs Q1 FY26 | QoQ |
|---|---|---|---|
| Revenue | ₹81.2 | +16.4% | -42.6% |
| Operating profit | ₹9.4 | +28.2% | -30.3% |
| Net profit | ₹4.7 | +12.1% | -51.6% |
| EPS (₹) | 0.78 | +11.4% | -51.2% |
| Operating margin | 11.5% | — | — |
CPL delivery percentage
NSE end-of-day data for
On Fri, 16 Oct 2026, 69.98% of the CPL shares traded on NSE were taken to delivery, against the stock's own 20-session average of 48.08%. That is close to its usual level. Turnover was only ₹13 lakh, so a handful of trades can move this figure. Volume was 0.4 times its average, well below normal.
Delivery in the last 5 sessions: 76.9% · 62.2% · 75.5% · 78.5% · 70.0%
A description of what the exchange published, not a recommendation. Names such as "accumulation" or "long buildup" label a pattern in the numbers. How delivery is analysed
📢 Recent Corporate Announcements
Captain Polyplast Limited has secured an order worth approximately ₹47 Crores (inclusive of GST) from Maharashtra State Electricity Distribution Company Limited (MSEDCL). The contract entails the design, supply, installation, testing, and commissioning of 2,000 Off-Grid DC Solar Photovoltaic Water Pumping Systems under the PM Kusum B Scheme. The project is scheduled to be completed within 60 days from the issuance of NTP/Work Order/JSR approval. Relative to Q1 FY27 revenue of ₹81.16 Cr, the order represents a substantial ~58% of a single quarter's top line.
- Order value of approximately ₹47 Crores (including GST) from MSEDCL
- Scope covers 2,000 Off-Grid DC Solar Photovoltaic Water Pumping Systems of 3HP, 5HP & 7.5HP capacity
- Execution timeline requires installation within 60 days from NTP/Work Order/JSR approval
- Includes 5-year warranty, repair & maintenance, and Remote Monitoring System (RMS)
- Represents company's largest single solar EPC order to date
Captain Polyplast Limited has issued a communication providing the web-link for its Notice of the 29th Annual General Meeting (AGM) and Integrated Annual Report for FY 2025-26 to shareholders whose email addresses are not registered. The 29th AGM is scheduled to take place on Saturday, September 26, 2026, at 11:00 AM IST via Video Conferencing/Other Audio-Visual Means. This is a procedural compliance filing under Regulation 36(1)(b) of SEBI LODR Regulations.
- 29th Annual General Meeting scheduled for September 26, 2026, at 11:00 AM IST via VC/OAVM
- Intimation under Regulation 36(1)(b) of SEBI LODR Regulations for sending annual report web-links
- Applicable for shareholders with unregistered email IDs with RTA/Depository Participants
- Letter dated August 28, 2026 released via exchange on September 01, 2026
Captain Polyplast Limited has issued the notice for its 29th Annual General Meeting (AGM) scheduled for September 26, 2026, via video conferencing. The remote e-voting window will be open from September 23 to September 25, 2026, with the cut-off date fixed as September 19, 2026. Ordinary and special business include adopting FY26 audited financial statements, re-appointing Whole-time Director Mr. Ritesh Rameshbhai Khichadia, and ratifying FY27 cost auditor remuneration of Rs 40,000 plus GST.
- 29th AGM scheduled for Saturday, September 26, 2026, at 11:00 AM IST via VC/OAVM
- Cut-off date for determining voting eligibility set as Saturday, September 19, 2026
- Remote e-voting window runs from September 23, 2026 (9:00 AM) to September 25, 2026 (5:00 PM)
- Proposed ratification of Rs 40,000 plus GST remuneration for Cost Auditor M/s M. C. Bambhroliya & Associates for FY27
- Re-appointment of Whole-time Director Mr. Ritesh Rameshbhai Khichadia (holding 2,042,740 shares as of March 31, 2026) retiring by rotation
Captain Polyplast Limited has announced the schedule for its 29th Annual General Meeting (AGM), which will be held via video conferencing on September 26, 2026, at 11:00 AM IST. The company has fixed September 19, 2026, as the cut-off date to determine shareholder eligibility for voting. The Register of Members and Share Transfer Books will remain closed from September 20 to September 26, 2026. Remote e-voting will run from September 23 to September 25, 2026.
- 29th AGM scheduled for September 26, 2026, at 11:00 AM via VC/OAVM
- Cut-off date for AGM e-voting fixed as September 19, 2026
- Share transfer books and register closed from September 20 to September 26, 2026
- Remote e-voting window open from September 23 (9:00 AM) to September 25, 2026 (5:00 PM)
Captain Polyplast reported a 16.3% YoY increase in Q1 FY27 total income to Rs 81.66 crore, while EBITDA grew 26.7% to Rs 9.86 crore with margin expanding 99 bps to 12.07%. Net profit for the quarter stood at Rs 4.66 crore with a diluted EPS of Rs 0.78. In its solar EPC segment, the company secured 1,500 solar pump orders under PM-KUSUM in the first four months of FY27, having executed 800 units with 700 pending. Additionally, the company commenced production at its new 70,000 sq ft manufacturing facility near Ahmedabad to support component manufacturing.
- Q1 FY27 total income grew 16.3% YoY to Rs 81.66 crore.
- EBITDA increased 26.7% YoY to Rs 9.86 crore with EBITDA margin reaching 12.07% (+99 bps).
- Secured orders for 1,500 solar pumps from MSEDCL in 4M FY27; 800 executed and 700 pending.
- Commenced production at a 70,000 sq ft facility near Ahmedabad for micro-irrigation components.
- Maintains an active network of ~750 dealers across 16 states.
Captain Polyplast Limited (CPL) has officially released the transcript of its earnings conference call conducted on August 11, 2026. The document has been made available on the company's website following the call. This is a standard regulatory disclosure aimed at providing transparency regarding management's discussion on recent financial performance. Investors can access the full text via the provided web link to review management commentary and Q&A sessions.
- Earnings call was conducted on August 11, 2026, following recent financial results.
- Transcript was formally uploaded and notified to exchanges on August 12, 2026.
- The document is accessible via the company's official announcement portal.
- The filing complies with SEBI Listing Obligations and Disclosure Requirements.
Captain Polyplast (CPL) reported Q1 FY27 revenue of ₹81.16 Cr with an EBITDA margin of 12.07%. The company recently completed its transition to the NSE Main Board on July 23, 2026. Growth is being driven by diversification into Solar EPC, highlighted by a recent ₹41.83 Cr order from MSEDCL for 1,500 solar pumps. While profitability is stable with a Q1 PAT of ₹4.66 Cr, the balance sheet shows high trade receivables of ₹241.05 Cr as of FY26.
- Reported Q1 FY27 Revenue of ₹81.16 Cr and Net Profit of ₹4.66 Cr.
- Secured a significant order worth ₹41.83 Cr from MSEDCL for 1,500 off-grid solar pumps.
- Successfully listed on the NSE Main Board effective July 23, 2026.
- Maintains a total dripline installed capacity of 170 million meters across 3 units.
- Debt-to-Equity ratio improved significantly to 0.47x in FY26 from 1.07x in FY24.
Captain Polyplast (CPL) reported a 16.3% YoY increase in total income to ₹81.66 Cr for Q1 FY27, driven by its micro-irrigation and solar EPC segments. EBITDA grew significantly by 26.7% YoY to ₹9.86 Cr, with margins expanding 99 bps to 12.07% due to cost optimization. A key operational milestone was the commencement of production at a new 70,000 sq. ft. facility near Ahmedabad, aimed at enhancing backward integration. Additionally, the company secured a ₹11.8 Cr solar pump order from MSEDCL, representing approximately 2.8% of its FY26 consolidated revenue.
- Total income increased 16.3% YoY to ₹81.66 Cr in Q1 FY27
- EBITDA grew 26.7% YoY to ₹9.86 Cr with margins expanding to 12.07%
- Commenced production at a new 70,000 sq. ft. manufacturing facility near Ahmedabad, Gujarat
- Secured a ₹11.8 Cr order for 500 solar pumps under the PM-KUSUM Scheme
- Listed on the National Stock Exchange (NSE) effective July 23, 2026
Captain Polyplast Limited (CPL) reported a 16.4% YoY increase in standalone revenue to ₹8,116.49 Lakhs for the quarter ended June 30, 2026. Standalone Net Profit grew 12.2% YoY to ₹465.32 Lakhs, while Consolidated Net Profit reached ₹466.32 Lakhs. The results show a typical seasonal decline compared to the preceding quarter (Q4 FY26), where revenue was ₹14,147.18 Lakhs. The core Micro Irrigation segment remains the dominant revenue contributor, accounting for over 99% of total segment revenue.
- Revenue from operations grew 16.4% YoY to ₹8,116.49 Lakhs from ₹6,974.20 Lakhs.
- Standalone Profit After Tax (PAT) increased 12.2% YoY to ₹465.32 Lakhs.
- Micro Irrigation segment revenue stood at ₹8,124.75 Lakhs, while the Polymer business contributed only ₹41.41 Lakhs.
- Finance costs rose 19% YoY to ₹217.79 Lakhs from ₹183.05 Lakhs.
- Total standalone assets increased to ₹36,060.03 Lakhs as of June 30, 2026, compared to ₹29,309.51 Lakhs in the previous year's June quarter.
Captain Polyplast Limited (CPL) has scheduled its earnings conference call for the first quarter of FY26-27 on August 11, 2026, at 4:00 PM IST. The call, hosted by Kirin Advisors, will feature management interaction led by Whole Time Director Mr. Ritesh Khichadia. This is a standard post-earnings procedure to discuss financial performance and business outlook with analysts and institutional investors.
- Earnings conference call scheduled for August 11, 2026, starting at 4:00 PM IST
- Interaction focused on Q1 FY26-27 financial results and operational performance
- Management representation includes Whole Time Director Mr. Ritesh Khichadia
- Call hosted by Kirin Advisors via virtual mode with universal dial-in +91 22 6280 1239
Financial Performance
Financial analysis data not yet available for this company.
Operational Drivers
Operational analysis data not yet available for this company.
Strategic Growth
Strategic growth analysis not yet available for this company.
External Factors
External factors analysis not yet available for this company.
Regulatory & Governance
Regulatory analysis not yet available for this company.
Risk Analysis
Risk analysis not yet available for this company.
