Captain Polyplast Q2 FY27: revenue up 32.9% to ₹106 Cr, net profit up 8.7% to ₹5 Cr
Results · Finvezto · 2 Nov 2026 · Captain Polyplast (CPL)
Results Q2 FY27, ₹ Cr
| Q2 FY27 | ₹ Cr | QoQ | YoY |
|---|---|---|---|
| Revenue | 106 | - | +32.9% |
| Operating profit | 10 | - | +24.2% |
| Net profit | 5 | - | +8.7% |
| Operating margin | 9.3% | - | -0.6 pp |
| Net margin | 4.2% | - | -0.9 pp |
YoY is the company's own figure. QoQ shows where our quarterly series matches the filing.
Key points
- Consolidated total income for Q2 FY27 rose 32.89% year-on-year to INR 106.43 crores, while net profit grew 5.55% to INR 4.48 crores. Earnings call
- Operating EBITDA margins contracted year-on-year primarily due to a sharp escalation in raw material costs for polymers like HDPE and LLDPE. Earnings call
- Total order intake in the solar pump EPC business reached INR 82.4 crores for 3,500 pumps under the PM-KUSUM scheme, marking a record order win. Earnings call
What to watch
- Management on solar pump revenue recognition: We are expecting that these 3,500 pumps, the revenue would be recognized -- majority of that revenue would be recognized before the end of Q3.
- Management on non-subsidy sales mix: Right now that mix is around 10 percentage and we are expecting that as we go ahead this share will definitely improve from this low base of 10 percentage.
Links
Company page · Results tracker
Anand Ganapathy K | SEBI Registered Research Analyst | INH000016630.