Captain Pipes, one of the top companies in the PVC pipe sector, has become one of the most important wealth creators in recent history as a result of the rapid rise in Dalal Street’s share price.
Four years ago, the company’s stock was trading at Re 0.65. Today, it is worth ₹19, a 2823% rise. Outstanding yearly returns, including increases of 345% in CY21, 427% in CY22, and 22% in CY23, are part of this remarkable record.
The stock reached an all-time high of ₹36 in May 2023 after surpassing the ₹35 threshold. But after that, there was significant profit booking, which caused its value to drop 47% from its peak. Since March 2, 2023, the company’s shares have been trading ex-bonus (2:1) and ex-split (1:10). The shares was worth ₹640 each prior to this corporate action.
Captain Pipes Q2 Results
Captain Pipes Ltd.’s revenue in the second quarter of 2024–2025 was ₹12.68Cr, a decrease of -24.34% from the same time the previous year. Over the past three months, Captain Pipes Ltd.’s revenue has decreased by -39.13% on a quarterly growth basis. In the second quarter of 2024–2025, Captain Pipes Ltd.’s net profit dropped -18.27% from the same time the previous year to ₹0.85Cr. Over the past three months, Captain Pipes Ltd.’s net earnings have decreased by -46.2% on a quarterly growth basis.
The net profit margin of Captain Pipes Ltd. increased by 8.03% from the same period the previous year to 6.70% in the second quarter of 2024–2025. Over the past three months, Captain Pipes Ltd. has had a -11.62% decline in its net profit margins on a quarterly growth basis.
About the Company – Captain Pipes
The company was first registered as “Captain Pipes Private Limited” with the Gujarat, Dadra & Nagar Havelli Registrar of Companies on January 5, 2010. Later, on September 23, 2014, the Registrar of Companies, Gujarat, Ahmedabad, issued a new Certificate of Incorporation, changing the company’s name to “Captain Pipes Limited” and converting it to a Public Limited Company. Based in Rajkot, the company’s Vervaval plant produces and sells all kinds of UPVC pipes and fittings.
