Captain Polyplast Ltd generates surplus revenue

| | Indore
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Captain Polyplast Ltd generates surplus revenue

Monday, 21 June 2021 | PNS | Indore

BSE listed Captain Polyplast Limited (CPL) (BSE: 536974) one of the leading brands in micro irrigation industry with its excellent quality products and strong distribution network has announced excellent results with revenues  from operations up from `3990.20 lakhs (Q3FY21) to `6482.44 Lakhs (Q4FY21) and PAT rose from `177.56 Lakhs (Q3FY21) to `258.52 Lakhs (Q4FY21) CPL.

The company has announced a dividend also.It has a complete range of micro irrigation solutions with manufacturing facilities at Rajkot (Gujarat) and Kurnool (Andhra Pradesh). The company has marketing and distribution network across 16 states in India which cover 90% of micro irrigation market in India. CPL exports its products to countries in Africa, Latin America and Middle East.

The company deals in 4 main business segments, which are, Drip Irrigation system, Sprinkler Irrigation Systems, Polymer marketing (IOCL) and others (Solar, Water soluble fertilizers). The company manufacturers complete range of micro irrigation systems and have also added ancillary products like solar pumps, rooftop solar, water soluble fertilizer, etc. selling through existing distribution network.

Captain Polyplast offers superior sprinkler irrigation system that is designed considering the crops grown, availability of water and its composition, type of soil, elevation, temperature, humidity and wind velocity in order to get the best possible results. Mini sprinklers simplicity and modular design allows for easy accessory options making them adaptable to almost any application and crop.

Designed by Captain Polyplast, Solar water pumps are considered simple and clean alternative to fuel burning engines as well as generators of domestic water, irrigation and livestock requirements.

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