Smallcap Agri And Solar EPC Stock Reports Strong Q4FY26 Results; Net Profit Jumps 91%

On Monday, the Indian equity benchmarks traded higher during the session, with the benchmark Nifty 50 index rising 1.08 per cent to 23,975.80. Smallcap agri and renewable energy stocks remained in focus following quarterly earnings announcements. In this segment, Captain Polyplast share price were trading higher by 0.99 per cent at Rs 80.88 after the company reported strong Q4FY26 and FY26 financial performance.

Captain Polyplast Q4FY26 Performance

Captain Polyplast Limited reported total income of Rs 142.22 crore during Q4FY26, registering a sharp growth of around 80 per cent YoY. EBITDA increased 66 per cent YoY to Rs 14.16 crore during the quarter.

Net profit for Q4FY26 surged 91 per cent YoY to Rs 9.76 crore, reflecting strong operational performance and healthy business momentum across segments.

Captain Polyplast FY26 Performance

For the financial year ended March 31, 2026, total income rose 45 per cent YoY to Rs 419.75 crore. EBITDA stood at Rs 46.32 crore during FY26, while net profit came in at Rs 27.78 crore.

The company clarified that FY25 profitability included exceptional gains, making direct year-on-year comparison less comparable on a like-for-like basis.

Solar EPC Business Expansion

The company’s solar EPC business emerged as a major growth driver during FY26. Captain Polyplast secured multiple projects under the PM-KUSUM scheme during the year.

Among the key orders, the company received an Rs 8.17 crore order from Maharashtra State Electricity Distribution Company Limited (MSEDCL) for supply and installation of 300 off-grid solar water pumps.

Micro-Irrigation Business Outlook

Captain Polyplast stated that its core micro-irrigation business continues to remain the backbone of operations. The recent reduction in GST from 12 per cent to 5 per cent on micro-irrigation products is expected to improve affordability and support wider farmer adoption.

The company is also focusing on growth opportunities in commercial sales, non-subsidy micro-irrigation products, PVC pipes, exports and solar EPC expansion.

About Captain Polyplast

Captain Polyplast Ltd is a Rajkot-based company engaged in manufacturing micro-irrigation systems, PVC pipes and fittings, while also operating in the solar EPC segment. The company caters primarily to the agriculture sector and has been expanding its renewable energy and irrigation solutions portfolio across India.

What are your views on Captain Polyplast’s strong Q4FY26 growth and expansion in the solar EPC business? Share your thoughts in the comments below.
Disclaimer: This article is for informational purposes only and not investment advice.