Solar EPC and micro irrigation company Captain Polyplast delivered exceptional Q4 FY26 results with total income of ₹141.47 crore, representing a remarkable 80% year-on-year growth. The company achieved net profit of ₹9.76 crore in Q4, marking a 90.6% YoY surge with a net profit margin of 6.87%. As per the company's latest financial statement, EBITDA grew 66% YoY to ₹14.16 crore with an EBITDA margin of 9.96%. Earnings per share increased 82% to ₹1.64 during the quarter, demonstrating strong operational leverage and improved scale. The strong PAT growth demonstrates improving operational leverage and business fundamentals, reflecting consistent business delivery during the January to March 2026 quarter.
For the full fiscal year 2025-26, Captain Polyplast reported total income of ₹419.75 crore, achieving a 45% year-on-year growth from the previous fiscal year. The company's net profit stood at ₹27.78 crore with a net profit margin of 6.62%. According to the company's statement, EBITDA reached ₹46.32 crore with an EBITDA margin of 11.03%, representing a 36% YoY growth. The company noted that the results are not comparable as FY25 results included exceptional gains.
The company attributed its strong performance primarily to its solar EPC segment, which served as the major driver of growth during the year. As reported by Captain Polyplast, the company secured multiple orders under the PM-KUSUM scheme during the year, contributing significantly to its overall performance. Additionally, the company received a ₹8.17 crore order from MSEDCL for the supply and installation of 300 off-grid solar water pumps. Whole Time Director Mr. Ritesh Khichadia noted that the solar segment accelerated execution and made it an emerging growth driver, with the company's expanding empanelment across states positioning it well to capture large opportunities.
As of May 25, 2026, Captain Polyplast shares were trading at ₹79.35 on the NSE/BSE, reflecting strong market confidence in the company's performance trajectory. The stock analysis indicates the company maintains average quality across financial and technical metrics, positioning it as a mid-range performer in the current market environment. The current trading price of ₹79.35 represents significant growth from the company's operational performance, with the stock price movement reflecting investor appreciation of the company's strong financial results and growth prospects.
