Captain Pipes Ltd Management Discussions

1. INDUSTRY OUTLOOK:

During the period under review economy was growing very fast. There were tremendous poten ti al growth of these. As ours is

the agriculture based products, there is lot of poten ti al demand for the next years.

2. OPPORTUNITIES AND THREATS

The company envisaged remarkable growth over previous years. Company s turn over shows increasing trends due to expansion. Government is providing various incen five s to agricultural industries. Also company has inivated solar and green house ac ti vity, for which also many government assistance is available. At the same ti me, there is intense price pressure from the compe fit ors and interna ti onal financial crisis. Due to almost three decades experience in manufacturing and interna ti onal marke ti ng, the Customers also growing rapidly. We have always maintain high quality standard and also make a good track record.

3. INITIATIVES:

The iniva five s are being taken by the Company for improving the quality standards and reduc ti on of costs at appropriate level. Machineries were properly installed to provide be er result and to cope up with changing requirement of the industry. The employees at all levels are being made aware of the changing condi ti ons and the challenges of the open market condi ti ons and to train the personnel to tackle the di cult situa ti ons which will improve the overall produc ti vity, pro tability. Also iniva five s were taken by company to direct touch with customers and also providing them quality services and knowledge.

4. RISKS ANDCONCERNS :

Fluctua ti on in the raw material price and stringent market condi ti ons can affect the companys performance. Product risk, risk of uctua ti on in the raw material price, government policies, and financial risk can affect the company, which requires con ti nuous follow up.

5. DISCUSSION ON FINANCIAL PERFORMANCE WITH RESPECT TO OPERATIONAL PERFORMANCE

During the year under review company has total revenue of Rs.7674.92 lakhs as against the previous year turnover of Rs. 7634.77 lakhs which shows increase of 0.5% in comparison with the previous year. Pro t before tax increased by 7.8% as compared to previous year. The net profit a er tax of the company is also increased by 10.8% as compared to previous year. Pro t A er Tax (PAT) experienced a increase by 10.80% from Rs. 398.22 Lakhs in FY24 to Rs. 441.03 Lakhs in FY25, underscoring our sustained commitment to opera ti onal excellence and fiscal prudence.

6. PERFORMANCE SNAPSHOT :

Signi cant financial highlights in F.Y. 2024-2025 are as follows:-

Key Financial Ra ti os

Reasons for Variances

(A) There is an increase in inventories and decrease in trade payables.

(B) Companies has availed long term debt to fund seng up of ne w manufacturing plant at Ahmedabad.

(C) Average capital employed has increased on account of debt and equity raised to fund the Ahmedabad unit.