Press release regarding Launch of new manufacturing facility at Ahmedabad
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Captain Polyplast Limited has commenced production at its newly constructed manufacturing facility near Ahmedabad, Gujarat. The 70,000 sq. ft. plant, built on a total land area of 3,30,000 sq. ft., enhances capacity for micro irrigation systems including driplines, sprinklers, and HDPE pipes. The facility enables backward integration by producing critical components in-house, which the company expects will improve cost efficiencies and profitability. The new plant complements existing facilities in Rajkot and Kurnool, and was completed as per planned timelines. In FY25, the company reported consolidated total income of ₹289.77 Crore with net profit of ₹31.32 Crore.
The new facility strengthens Captain Polyplast's manufacturing base and should support future revenue growth through increased capacity and better margins from backward integration. This is a positive development for shareholders as it expands operational capabilities without delays.