Mumbai, January 31, 2025 – Captain Pipes Ltd. (BSE: 538817) has announced its standalone unaudited financial results for the quarter ended December 31, 2024, following the approval by the Board of Directors in a meeting held on January 31, 2025.
Key Financial Highlights (₹ in Lakhs)
| Particulars | Q3 FY25 (Dec 31, 2024) | Q2 FY25 (Sep 30, 2024) | Q3 FY24 (Dec 31, 2023) | 9M FY25 | 9M FY24 | FY24 (Mar 31, 2024) |
|---|---|---|---|---|---|---|
| Revenue from Operations | 2,065.57 | 1,261.27 | 2,024.56 | 5,404.28 | 5,608.64 | 7,634.77 |
| Total Income | 2,071.98 | 1,267.64 | 2,028.44 | 5,422.68 | 5,645.25 | 7,646.55 |
| Profit Before Tax (PBT) | 145.57 | 114.02 | 132.97 | 417.61 | 378.05 | 510.78 |
| Profit After Tax (PAT) | 109.49 | 85.02 | 101.97 | 352.16 | 307.70 | 398.22 |
| Total Comprehensive Income | 109.21 | 84.00 | 101.92 | 350.10 | 305.57 | 394.95 |
| EPS (Basic & Diluted) | 0.07 | 0.06 | 0.07 | 0.24 | 0.21 | 0.27 |
Quarterly Performance Overview
- Revenue Growth: The company posted ₹2,065.57 lakh in revenue, marking an increase of 63.80% QoQ and 2.02% YoY.
- Profitability: PAT stood at ₹109.49 lakh, up 28.80% QoQ but showing a marginal decrease of 2.43% YoY.
- EBITDA & Margins: While detailed EBITDA figures were not disclosed, the company's expenses remained stable, reflecting controlled operational costs.
Auditor’s Review
J.C. Ranpura & Co., the independent auditors, conducted a limited review of the financials. Their report confirms that the financial statements comply with SEBI's disclosure requirements and are free from material misstatements.Management Commentary
Gopal D. Khichadia, Managing Director of Captain Pipes Ltd., stated:Strategic Outlook
- The company continues to focus on expansion in the uPVC and CPVC segment, which remains its core business.
- No significant pending litigations or contingent liabilities were reported as of December 31, 2024.
- Captain Pipes Ltd. remains optimistic about demand recovery and plans to enhance its production capabilities.