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Awaiting price reaction for this filing.
Captain Polyplast Ltd has received an order worth ₹8.17 Crores (including GST) from Maharashtra State Electricity Distribution Company Limited (MSEDCL), a state government utility. The order is for 300 Off-Grid DC Solar Photovoltaic Water Pumping Systems (3HP, 5HP and 7.5HP) under the PM Kusum B Scheme's 'Magel Tyala Saur Krushi Pump' Yojana, with installation to be completed within 60 days. This is over and above the earlier 200-pump order received at the time of empanelment, bringing total MSEDCL orders to 500 pumps. The order is part of the company's diversification into the solar EPC vertical, alongside its core micro irrigation business.
Mildly positive for the stock — the order reinforces the company's solar EPC growth story and execution capabilities, but at ₹8.17 Cr it represents only about 2.8% of FY25 consolidated revenue of ₹289.7 Cr, so the immediate financial impact is modest.