press release for starting commercial production at ahmedabad unit
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Captain Pipes Ltd has started commercial production at its new plant near Ahmedabad on 25th May 2025. The new unit has a manufacturing capacity of 20,000 metric tonnes (MT) per annum, adding to the company's existing PVC pipes and fittings operations. The company, listed on BSE (538817) and based in Rajkot, is a leading player in the PVC pipes industry serving agriculture and plumbing segments. Management has called this a significant milestone in the company's growth journey and expects it to support long-term value creation. The Ahmedabad plant is expected to strengthen the company's distribution reach and production capabilities across India.
Positive for shareholders — the new 20,000 MT capacity addition expands revenue potential and could support volume growth. Investors should watch for utilisation levels and revenue contribution from the new unit in upcoming quarterly results.