Captain Polyplas

BSE: CPL · Plastic Products - Industrial

52W Range₹53 ₹88

Snapshot

Unlock Captain Polyplas's vital signs

Growth · Profitability · Valuation · Strength · Conviction

Company Overview

Business

Captain Polyplast Ltd. specialises in the manufacturing, exporting, and trading of micro irrigation systems and related agricultural products. The company also operates as a Del-Credere Agent (DCA) and Consignment Stockist (CS) for the polymer business of Indian Oil Corporation Ltd.

Business Model

The company generates revenue through the direct sale of irrigation equipment and by acting as a distribution partner for polymer products. Its business model leverages both manufacturing capabilities and strategic supply chain partnerships within the petrochemical sector.

Growth Outlook

Growth is primarily driven by the increasing adoption of micro-irrigation technology in Indian agriculture to improve water efficiency. The company continues to capitalise on its long-standing association with Indian Oil Corporation to maintain its market presence.

Key Risks

  • Raw Material Price Volatility. Fluctuations in polymer prices directly impact the company's manufacturing costs and profit margins.
  • Dependence on Government Policy. The micro-irrigation sector is highly sensitive to government subsidies and agricultural support schemes.
  • Competitive Pressure. The industrial plastic products market is highly fragmented, leading to intense price competition from both organised and unorganised players.
  • Concentration Risk. Heavy reliance on a single partner for the polymer trading segment poses a risk to revenue stability if the partnership terms change.

Start your research today

Unlock AI insights, financials, peers and live data on Captain Polyplas and 5,000+ companies — free.

Start your research

Key Metrics

REVENUE

₹417 Cr

TTM · consolidated

+45.5%YoY

NET PROFIT

₹28 Cr

TTM · consolidated

-11.3%YoY

EPS

₹4.67

TTM · consolidated

-17.8%YoY

RETURN ON EQUITY

16.3%

TTM · consolidated

-4.7 ppYoY

RETURN ON CAPITAL EMPLOYED

24.0%

TTM · consolidated

-6.0 ppYoY

P/E

13.3x

Q4 FY26 · consolidated

13.3 vs 48.7x5Y avg

EV/EBITDA

10.0x

Q4 FY26 · consolidated

10.0 vs 19.2x5Y avg

EBITDA MARGIN

11.1%

TTM · consolidated

-1.1 ppYoY

NET PROFIT MARGIN

6.9%

Q4 FY26 · consolidated

+0.4 ppYoY

DEBT TO EQUITY

0.5x

Q4 FY26 · consolidated

+0.02xYoY

Peers · Plastic Products - Industrial

CompanyMkt CapP/EEV/EBITDARev Gr YoYEBITDA MgnROEROCE1Y Return
Captain PolyplasCPL
₹374 Cr13.309.9745.5%11.1%16.3%24.0%-9.7%
Prakash PipesPPL
₹627 Cr12.697.436.1%10.2%10.7%14.7%-19.0%
Dhabriya Polywood LimitedDHABRIYA
₹545 Cr18.0810.9714.4%21.2%28.1%34.1%+30.9%
Shish IndustriesSHISHIND
₹544 Cr67.8932.7315.6%13.3%6.3%8.8%+37.8%
Candour TechtexCANDOUR
₹157 Cr42.6615.76-69.1%18.9%4.5%6.7%-9.7%
Jain Irrigation Systems LimitedJISLDVREQS
₹42 Cr15.664.819.9%12.7%0.1%6.8%-33.6%

As of Q4 FY26

Financials