- CEO
- Rameshbhai Devraj Khichadia
- Full Time Employees
- 493
- Sector
- Industrials
- Industry
- Manufacturing - Miscellaneous
- Address
- Survey No. 267 Rajkot MH India 360024
- IPO Date
- Dec 30, 2024
- Business
- Captain Polyplast Limited manufactures and exports micro irrigation systems and allied products, including drip irrigation systems, sprinkler irrigation systems, HDPE pipes, PVC pipes, uPVC pipes and fittings, compression fittings, valves, irrigation filters such as disc, screen, hydro-cyclone and sand filters, fertilizer tanks, digital controllers, pressure gauges, venturi injectors, mini sprinkler systems, greenhouses, solar systems and polymer products; the company also engages in solar EPC services and provides agronomical support and installation services to farmers. Founded in 1997 and headquartered in Rajkot, Gujarat, India, with manufacturing facilities in Rajkot and Kurnool, it operates a distribution network across 16 states in India with over 750 dealers and exports to international markets. In recent developments, the company reports FY24 consolidated revenue of Rs 297.70 crore from micro irrigation and allied products, up 31% year-over-year, with net profit surging 195% to Rs 17.78 crore; it acquires industrial land near Ahmedabad for expansion, commences factory construction there targeting commercial production by end-FY25, secures empanelment as a vendor with the Ministry of New and Renewable Energy for government solar projects, and receives orders such as one from Maharashtra State Electricity Distribution Company Limited.