Rajkot: Captain Polyplast Limited (CPL, BSE: 536974), one of the leading manufacturer and exporter of micro irrigation solutions, and has diversified its operations into the fast-paced solar EPC and polymer markets, has reported its Unaudited financials for Q2 & H1 FY27.

Key Consolidated Financial Highlights

Q2 FY27

  • Total Income of ₹106.43 Cr, YoY growth of 32.89%
  • EBITDA of ₹10.28 Cr, YoY growth of 24.75%
  • EBITDA Margin of 9.66%
  • Net Profit of ₹4.48 Cr, YoY growth of 5.55%
  • Net Profit Margin of 4.21%
  • EPS of ₹0.75, YoY growth of 5.63%

H1 FY27

  • Total Income of ₹188.09 Cr, YoY growth of 25.14%
  • EBITDA of ₹20.14 Cr, YoY growth of 25.70%
  • EBITDA Margin of 10.71%
  • Net Profit of ₹9.14 Cr, YoY growth of 7.02%
  • Net Profit Margin of 4.86%
  • EPS of ₹1.53, YoY growth of 7.75%

Commenting on the performance Mr. Ritesh Khichadia, a Whole Time Director of Captain Polyplast Limited said, “I am pleased to share that the company continued to make progress during Q2 FY27, particularly in strengthening its Solar EPC business. During the quarter, we secured two repeat orders from MSEDCL under the PM-KUSUM Scheme for 3,000 solar pumps. Including the order received in May 2026, our FY27 order intake has reached ₹82.40 Cr for 3,500 solar pumps, reinforcing our execution capabilities and presence in the renewable energy segment.

Coming to our financial performance, on a consolidated basis, Q2 FY27 total income stood at ₹106.43 Cr, registering a YoY growth of 32.89%. EBITDA stood at ₹10.28 Cr, up 24.75%, while net profit stood at ₹4.48 Cr, registering a YoY growth of 5.55%. For H1 FY27, total income stood at ₹188.09 Cr, EBITDA at ₹20.14 Cr and net profit at ₹9.14 Cr, registering YoY growth of 25.14%, 25.70% and 7.02%, respectively.

Looking ahead, we remain focused on executing our solar pump orders, expanding Solar EPC operations across new states and strengthening our Micro Irrigation business through commercial sales, PVC pipes and exports. We will continue to leverage opportunities across renewable energy and irrigation segments to drive sustainable growth and create long-term value for our stakeholders.”

Q2 FY27 Key Operational Highlights

MSEDCL Solar Pump Order

  • Secured a ₹23.60 Cr MSEDCL order for 1,000 solar pumps
  • Secured a ₹47 Cr MSEDCL order for 2,000 solar pumps under PM-KUSUM Component-B, the company’s largest Solar EPC order to date

Solar EPC Order Momentum

  • Secured MSEDCL orders worth ₹70.60 Cr for 3,000 solar pumps under PM-KUSUM
  • FY27 order intake reached ₹82.40 Cr, covering 3,500 solar pumps, strengthening the Company’s Solar EPC business.