Rajkot : Captain Polyplast Limited (CPL, BSE: 536974), is one of the leading manufacturers and exporter of micro irrigation solutions, and has diversified its operations into the burgeoning solar EPC and polymer markets. The Company reported its Unaudited financials for Q3 FY25.
Q3 FY25 Consolidated Key Financial Highlights
- Total Income of ₹ 90.90 Cr, YoY growth of 8.90%
- EBITDA of ₹ 11.95 Cr, YoY growth of 23.30%
- EBITDA Margin (%) of 13.14%, YoY growth of 153 BPS
- Net Profit of ₹ 6.73 Cr, YoY growth of 35.46%
- Net Profit Margin (%) of 7.40%, YoY growth of 145 BPS
- EPS of ₹ 1.21, YoY growth of 23.47%
Commenting on the performance Mr. Ritesh Khichadia, a Whole Time Director of Captain Polyplast Limited said, We are pleased with our Q3 FY25 performance, which reflects steady growth and improved profitasbility. We have achieved the highest quarterly revenue in the company’s history at INR 90.90 crores which was driven by both our micro irrigation and solar EPC business.
In the MIS business, we saw improved demand from a few crucial states which is expected to continue in Q4 as well. In the solar EPC business, we got empanelled under PM Surya Ghar Yojna in Telangana and Andhra Pradesh increasing our presence to 6 states now in the project.
Our profitability improved during the quarter on account of lower input costs and our focus on operational efficiency. An important development during the quarter was a fundraise of INR 34.56 through preferential warrants. This fund raise will play a critical role in expediting our future growth.
