Captain Pipes Ltd — Updates, 10-05-2025: Company Update

Captain Pipes Ltd. has announced a board meeting approving the financial results for the quarter and half-year. Revenue from operations grew 12.1% year-on-year to Rs. 22.71 Cr in Q4FY25, though growth was below expectations due to muted PVC demand and increased competition. EBITDA declined 19.1% to Rs. 1.67 Cr, impacted by a 283 bps margin drop due to falling PVC resin prices. PAT slipped 1.8% to Rs. 0.89 Cr. On a consolidated basis, FY25 PAT doubled to Rs. 8.76 Cr, boosted by share of profit from an associate. The new plant near Ahmedabad with 20,000 MTPA capacity is nearing trial production, supporting future growth and capacity expansion.