Captain Polyplast posts Rs 28 cr profit for FY26

Captain Polyplast reported a net profit of Rs 27.78 crore for 2025-26, with total income rising to Rs 419.75 crore, driven by solar EPC segment growth.

Solar EPC and micro irrigation company Captain.

Polyplast on Monday reported a net profit of Rs 27.78 crore for 2025-26 against Rs 31.32 crore in the previous fiscal.

Total income was Rs 419.75 crore in 2025-26 against Rs 289.77 crore in the previous fiscal, the Rajkot-based company said in a statement.

The results are not comparable as FY25 results included exceptional gains.

On its performance, the company said that solar EPC segment was the major driver of revenue growth as it secured multiple orders under the PM-KUSUM scheme during the year.

It also received a Rs 8.17 crore order from MSEDCL for the supply and installation of 300 off-grid solar water pumps.

The newly operational Ahmedabad manufacturing facility for critical micro irrigation components is expected to improve efficiency and profitability through backward integration, it said.