About
Captain Polyplast Limited manufactures, sells, exports, and trades in micro irrigation systems and allied products in India. The company also engaged on the DCA cum CS basis of Indian Oil Corporation Ltd. for Polymer Business. The company provides irrigation equipment, such as drip irrigation systems, drippers and laterals, and sprinklers; irrigation accessories comprising compression fittings, control valves, irrigation filters, fertigation equipment, greenhouses, and mulch films; solar systems consisting of solar water pumps, mulch films, solar fence energizers, solar water heaters, and solar streetlight systems; water-soluble fertilizers; and pipes and fittings. It also offers high density polyethylene, linear low density polyethylene, polypropylene homopolymer, and polypropylene copolymer polymer products under the Propel brand for various applications across packaging, pipes, films, and molding, etc. In addition, the company provides disc, screen, hydro-cyclone, and sand filters; fertilizer tanks; digital controllers; and pressure gauges, etc. Further, it installs micro-irrigation systems; and offers agronomical services. Captain Polyplast Limited was incorporated in 1997 and is headquartered in Rajkot, India.
Key Metrics
as of Sep 2026Market Cap374 Cr
P/E13.30
Div Yield0.00 %
Book Value₹31.80
52w High₹87.80
52w Low₹52.70
Face Value₹2.00
Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 81.16 | 141.47 | 126.33 | 79.73 | 69.74 | 78.45 | 90.25 | 53.26 | 64.89 | 68.77 | 82.60 | 70.33 | 72.62 |
| Expenses | 71.80 | 128.05 | 111.09 | 71.84 | 62.44 | 70.54 | 78.95 | 47.42 | 58.85 | 60.14 | 73.77 | 63.34 | 65.28 |
| Operating Profit | 9.36 | 13.42 | 15.24 | 7.89 | 7.30 | 7.91 | 11.30 | 5.84 | 6.04 | 8.63 | 8.83 | 6.99 | 7.34 |
| OPM % | 11.53 | 9.49 | 12.06 | 9.90 | 10.47 | 10.08 | 12.52 | 10.97 | 9.31 | 12.55 | 10.69 | 9.94 | 10.11 |
| Other Income | 0.50 | 0.74 | 0.89 | 0.36 | 0.48 | 0.65 | 0.65 | 16.46 | 0.78 | 1.02 | 0.86 | 0.69 | 0.80 |
| Depreciation | 0.76 | 0.67 | 0.68 | 0.66 | 0.59 | 0.65 | 0.65 | 0.62 | 0.59 | 0.62 | 0.61 | 0.59 | 0.58 |
| Interest | 2.18 | 0.72 | 2.87 | 1.82 | 1.83 | 1.26 | 2.42 | 2.59 | 2.55 | 2.93 | 2.84 | 2.65 | 2.53 |
| Profit before tax | 6.92 | 12.77 | 12.58 | 5.77 | 5.36 | 6.65 | 8.88 | 19.09 | 3.68 | 6.10 | 6.24 | 4.44 | 5.03 |
| Tax % | 32.80 | 24.82 | 25.36 | 28.60 | 22.57 | 25.41 | 26.13 | 15.56 | 25.54 | 22.13 | 25.80 | 20.72 | 26.24 |
| Net Profit | 4.65 | 9.61 | 9.39 | 4.12 | 4.15 | 4.96 | 6.56 | 16.12 | 2.74 | 4.75 | 4.63 | 3.52 | 3.70 |
| EPS in Rs | 0.77 | 1.60 | 1.57 | 0.69 | 0.70 | 0.86 | 1.18 | 2.91 | 0.49 | 0.90 | 0.92 | 0.70 | 0.73 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 417.00 | 287.00 | 294.00 | 225.00 | 185.00 | 178.00 | 186.00 | 149.00 | 125.00 | 115.00 | 119.00 | 89.00 |
| Expenses | 371.00 | 254.00 | 263.00 | 208.00 | 170.00 | 152.00 | 158.00 | 131.00 | 110.00 | 99.00 | 105.00 | 77.00 |
| Operating Profit | 46.00 | 33.00 | 32.00 | 17.00 | 15.00 | 26.00 | 28.00 | 18.00 | 15.00 | 16.00 | 14.00 | 12.00 |
| OPM % | 11.00 | 11.00 | 11.00 | 8.00 | 8.00 | 14.00 | 15.00 | 12.00 | 12.00 | 14.00 | 12.00 | 14.00 |
| Other Income | 2.00 | 19.00 | 3.00 | 3.00 | 2.00 | 1.00 | 3.00 | 1.00 | 2.00 | 0.00 | 1.00 | 0.00 |
| Interest | 9.00 | 10.00 | 11.00 | 9.00 | 10.00 | 10.00 | 10.00 | 7.00 | 6.00 | 6.00 | 7.00 | 6.00 |
| Depreciation | 3.00 | 2.00 | 2.00 | 3.00 | 4.00 | 4.00 | 4.00 | 2.00 | 2.00 | 2.00 | 3.00 | 3.00 |
| Profit before tax | 36.00 | 38.00 | 22.00 | 8.00 | 4.00 | 12.00 | 17.00 | 10.00 | 8.00 | 8.00 | 6.00 | 3.00 |
| Tax % | 25.00 | 21.00 | 24.00 | 28.00 | 28.00 | 27.00 | 27.00 | 27.00 | 34.00 | 35.00 | 33.00 | 34.00 |
| Net Profit | 27.00 | 30.00 | 17.00 | 6.00 | 3.00 | 9.00 | 13.00 | 7.00 | 6.00 | 5.00 | 4.00 | 2.00 |
| EPS in Rs | 4.53 | 5.28 | 3.14 | 1.09 | 0.55 | 1.80 | 2.50 | 1.43 | 1.09 | 0.98 | 0.76 | 0.45 |
| Dividend Payout % | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 2.00 | 2.00 | 3.00 | 4.00 | 8.00 | 10.00 | 0.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 12.00 | 12.00 | 11.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 9.00 |
| Reserves | 176.00 | 135.00 | 82.00 | 60.00 | 55.00 | 52.00 | 43.00 | 31.00 | 24.00 | 19.00 | 14.00 | 12.00 |
| Borrowings | 89.00 | 67.00 | 103.00 | 82.00 | 85.00 | 86.00 | 74.00 | 63.00 | 34.00 | 24.00 | 25.00 | 22.00 |
| Other Liabilities | 67.00 | 62.00 | 69.00 | 74.00 | 60.00 | 62.00 | 84.00 | 75.00 | 41.00 | 49.00 | 47.00 | 36.00 |
| Total Liabilities | 345.00 | 276.00 | 264.00 | 226.00 | 210.00 | 211.00 | 212.00 | 179.00 | 110.00 | 101.00 | 96.00 | 79.00 |
| Fixed Assets | 20.00 | 14.00 | 15.00 | 14.00 | 15.00 | 18.00 | 19.00 | 11.00 | 11.00 | 11.00 | 12.00 | 14.00 |
| CWIP | 4.00 | 3.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 7.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 2.00 | 2.00 | 2.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 2.00 | 2.00 |
| Other Assets | 321.00 | 258.00 | 247.00 | 210.00 | 193.00 | 187.00 | 188.00 | 155.00 | 94.00 | 85.00 | 82.00 | 63.00 |
| Total Assets | 345.00 | 276.00 | 264.00 | 226.00 | 210.00 | 211.00 | 212.00 | 179.00 | 110.00 | 101.00 | 96.00 | 79.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | -22.00 | 8.00 | -14.00 | 12.00 | 12.00 | 0.00 | 0.00 | -6.00 | -8.00 | 10.00 | 6.00 | 11.00 |
| Cash from Investing Activity | -7.00 | 14.00 | -2.00 | 2.00 | 4.00 | -1.00 | 1.00 | -8.00 | -1.00 | -4.00 | 0.00 | -3.00 |
| Cash from Financing Activity | 29.00 | -21.00 | 16.00 | -13.00 | -14.00 | 0.00 | 0.00 | 15.00 | 6.00 | -8.00 | -4.00 | -8.00 |
| Net Cash Flow | 0.00 | 1.00 | 0.00 | 0.00 | 2.00 | -1.00 | 2.00 | 0.00 | -3.00 | -1.00 | 1.00 | -1.00 |
| Free Cash Flow | -31.00 | 3.00 | -18.00 | 11.00 | 14.00 | -2.00 | -2.00 | -15.00 | -10.00 | 9.00 | 5.00 | 9.00 |
| CFO/OP % | -28.00 | 54.00 | -27.00 | 64.00 | 91.00 | 16.00 | 14.00 | -16.00 | -36.00 | 82.00 | 46.00 | 98.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 211.00 | 237.00 | 219.00 | 190.00 | 214.00 | 230.00 | 186.00 | 221.00 | 152.00 | 163.00 | 158.00 | 160.00 |
| Inventory Days | 49.00 | 71.00 | 61.00 | 96.00 | 100.00 | 106.00 | 105.00 | 112.00 | 95.00 | 111.00 | 100.00 | 100.00 |
| Days Payable | 59.00 | 84.00 | 87.00 | 120.00 | 105.00 | 122.00 | 215.00 | 176.00 | 127.00 | 187.00 | 188.00 | 187.00 |
| Cash Conversion Cycle | 200.00 | 224.00 | 193.00 | 166.00 | 209.00 | 214.00 | 76.00 | 158.00 | 120.00 | 87.00 | 70.00 | 73.00 |
| Working Capital Days | 142.00 | 163.00 | 104.00 | 108.00 | 126.00 | 107.00 | 63.00 | 44.00 | 45.00 | 30.00 | 30.00 | 39.00 |
| ROCE % | 19.00 | 16.00 | 19.00 | 11.00 | 9.00 | 16.00 | 24.00 | 20.00 | 24.00 | 27.00 | 26.00 | 22.00 |
Corporate Actions
10 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Dividend | 21 Sep 2021 | 22 Sep 2021 | — | 0.04 | |
| Dividend | 30 Sep 2020 | 02 Oct 2020 | — | 0.04 | |
| Dividend | 05 Sep 2019 | 07 Sep 2019 | — | 0.04 | |
| Split | 19 Sep 2018 | 21 Sep 2018 | 10:2 | — | |
| Dividend | 14 Aug 2018 | — | — | 0.20 | |
| Dividend | 13 Sep 2017 | — | — | 0.20 | |
| Dividend | 01 Dec 2016 | 02 Dec 2016 | — | 0.20 | |
| Dividend | 27 Nov 2015 | 30 Nov 2015 | — | 0.40 | |
| Bonus | 08 Oct 2015 | 10 Oct 2015 | 1:8 | — | |
| Bonus | 24 Jul 2014 | 26 Jul 2014 | 1:5 | — |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
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Rating update17 Mar from infomerics
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Rating update22 Sep 2023 from fitch
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Rating update30 Mar 2023 from fitch
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Rating update15 Mar 2022 from care
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Rating update15 Feb 2022 from fitch
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Rating update8 Feb 2021 from care