Captain Polyplast
- Market cap
- ₹ 347 Cr.
- P/E
- 12.3x
- P/B
- 1.83x
- 52-week range
- 53.9 – 75.74
- ROE
- 16%
- ROCE
- 18%
- Dividend yield
- 0%
- Debt / equity
- 0.47
- Sector
- Industrial Products
- Industry
- Plastic Products - Industrial
- Listed on
- NSE, BSE
About
Captain Polyplast Limited is an India-based company, which is engaged in the business of manufacturing and selling micro-irrigation systems and allied products. The Company is also engaged in carrying out business activities on docker certified associate (DCA) cum company secretary (CS) basis of Indian Oil Corporation Ltd. (IOCL) of Polymer Business. The Company has two segments: Manufacturing of Micro Irrigation Systems & Allied Products, and DCA cum CS of Indian Oil Corporation Ltd. (IOCL)-Polymer Business. The Company is a manufacturer, exporter and trading company of supreme quality high-density polyethylene (HDPE) pipes and irrigation equipment, including drip irrigation systems, sprinkler irrigation systems, disc filters, screen filters, hydro-cyclone filters, sand (gravel) filters, compression fittings, valves (electric and mechanical), fertilizer tanks, digital controllers, pressure gauges, and other. Its manufacturing facilities are located at Shapar (Veraval), Rajkot.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Plastic Products - Industrial: 78 companies →Captain Polyplast against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)12.3 against a typical 21.4: cheaper than most peers (1st = cheapest).20th of 76
- Sales growth+16.4% against a typical +14.5% from a year earlier.32nd of 66
- Profit growth+8.4% against a typical +15.3% from a year earlier.31st of 55
- Share price, 3 months−23% against a typical −8.7%.52nd of 61
- Size₹ 346.5 Cr. market value against a typical ₹ 104.4 Cr. (1st = largest).16th of 68
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
Moderate safety, with caution
Rated BBB by Infomerics- No warnings from the agency.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| Infomerics | IVR BBB | Stable | 17 Mar 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 17 Mar 2026 | Reaffirmed | IVR BBB | — | Infomerics | ₹ 129.96 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 31 Oct 2026Upcoming | Financial Results | To consider and approve the financial results for the period ended September 30, 2026 |
| 8 Aug 2026 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2026 |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 70 | 83 | 69 | 65 | 53 | 90 | 78 | 70 | 80 | 126 | 141 | 81 |
| Expenses | 63 | 74 | 60 | 59 | 47 | 79 | 71 | 62 | 72 | 111 | 128 | 72 |
| Operating Profit | 7 | 9 | 9 | 6 | 6 | 11 | 8 | 7 | 8 | 15 | 13 | 9 |
| OPM % | 9.9% | 10.7% | 12.5% | 9.3% | 11% | 12.5% | 10.1% | 10.5% | 9.9% | 12.1% | 9.5% | 11.5% |
| Other Income | 1 | 1 | 1 | 1 | 17 | 1 | 1 | 1 | 0 | 1 | 1 | 1 |
| Interest | 3 | 3 | 3 | 3 | 3 | 2 | 1 | 2 | 2 | 3 | 1 | 2 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Profit before tax | 5 | 7 | 6 | 4 | 19 | 9 | 7 | 6 | 6 | 13 | 13 | 7 |
| Tax % | 19.5% | 24.5% | 21.2% | 22.7% | 15.4% | 25.6% | 24.8% | 22% | 28% | 25.2% | 24.5% | 32.8% |
| Net Profit | 4 | 5 | 5 | 3 | 16 | 7 | 5 | 4 | 4 | 9 | 10 | 5 |
| EPS in Rs | 0.75 | 0.99 | 0.95 | 0.58 | 2.94 | 1.22 | 0.89 | 0.72 | 0.71 | 1.58 | 1.62 | 0.77 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 12%
- 5 Years
- 19%
- 3 Years
- 23%
- TTM
- 47%
- 10 Years
- 22%
- 5 Years
- 25%
- 3 Years
- 66%
- TTM
- 46%
- 10 Years
- 11%
- 5 Years
- 20%
- 3 Years
- 39%
- TTM
- —
- 10 Years
- 16%
- 5 Years
- 14%
- 3 Years
- 17%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Captain Polyplast | ₹ 56.21 | ₹ 347 Cr. | 12.3x | 1.8x | 16% | — |
| VA Tech Wabag | ₹ 1,713.55 | ₹ 10,716 Cr. | 28.5x | 4.8x | 15.7% | 9.4% |
| JITF Infralogistics | ₹ 238.35 | ₹ 613 Cr. | — | — | — | −0.4% |
Management
- Rameshbhai Devrajbhai Khichadia
- Chairman of the Board, Managing Director
- Kaushik V. Mori
- Chief Financial Officer
- Khyati Sunil Mehta
- Compliance Officer, Company Secretary
- Gopalbhai Devrajbhai Khichadia
- Whole Time Director
- Ritesh Rameshbhai Khichadia
- Whole Time Director
Prices are delayed and for information only. Nothing on this page is investment advice.