Captain Polyplast (CPL) has secured a Letter of Acceptance (LOA) for empanelment under the PM-KUSUM scheme in Gujarat.

This authorizes CPL to supply off-grid solar photovoltaic water pumping systems, significantly strengthening its solar EPC business and opening consistent revenue opportunities from government initiatives.

This development reinforces CPL's strategic diversification into clean energy beyond its micro irrigation operations.

For FY25, CPL reported consolidated Total Income of 289.77 Cr, EBITDA of 35.11 Cr, and a net profit of 31.32 Cr.