Captain Polyplast Ltd — earnings calls

Captain Polyplast reported Q1 FY'27 total income of Rs. 81.66 crores, up 16.3% year-on-year, with EBITDA growing 26.7% to Rs. 9.86 crores and EBITDA margin improving to 12.07%. Management cited two new solar pump orders from MSEDCL totalling 1,500 pumps in the first four months of the year and the commencement of a new 70,000 square foot manufacturing facility near Ahmedabad. The company also noted raw material price increases due to geopolitical factors and steps taken to pass these costs on to customers.

Captain Polyplast reported Q4 FY26 revenue of Rs 142 crore, up nearly 80% year-on-year, with EBITDA up 66% to Rs 14.16 crore and net profit up 91% to Rs 9.76 crore. For the full year, total income was Rs 419 crore, a 44% increase over FY25, with EBITDA margin at 11.03%. Management attributed the quarterly EBITDA margin decline to a sharp rise in raw material prices in March, and described progress in expanding the solar EPC business, improving the micro-irrigation revenue mix, and commissioning the Ahmedabad manufacturing facility.