Microcap stock engaged in manufacturing caps, closures, and many others catering to packaged drinking water, carbonated soft drink, and other beverage players in focus following 3500 percent jump in Net profits and capex plans worth Rs. 15 Crores.
Price Action
With a market capitalization of Rs. 877 Crores, the shares of Cool Caps Industries Limited were trading at Rs. 759 per equity share, up 1.22 percent from its previous day’s close price of Rs. 749.85.
Half Yearly Results
Its revenue from operations half yearly grew by 18 percent YoY from Rs. 81.53 Crores in H1FY24 to Rs. 96.19 Crores in H1FY25 and it grew by 34 percent HoH from Rs. 71.8 Crores in H2FY24 to Rs. 96.19 Crores in H1FY25.
Its net profit half yearly grew by 35 percent YoY from Rs. 3.78 Crores in H1FY24 to Rs. 5.09 Crores in H1FY25 and it grew by 3500 percent HoH from Rs. 14 Lakhs in H2FY24 to Rs. 5.09 Crores in H1FY25.
Capex Plan
The Board of Directors of Cool Caps Industries Limited has approved a capex of ~Rs. 15 Crores as promoter’s contribution in the Purv Packaging Pvt Ltd, a Wholly Owned Subsidiary of the company for setting up a manufacturing unit for plastic caps, pet preforms, and other allied products on the 8.475-acre land allotted by IDCO at Village Bisiapada in the district of Khurdha, Odisha, with a total 24,090MT capacity.
About the Company
Cool Caps Industries Limited is engaged in plastic caps and closures catering to the packaged drinking water and carbonated soft drink (CSD) industry in India. It offers personalized client solutions so that the final product stands out in the market.
It also provides embossing, debossing, and quality printing as per the customer’s requirement. It ensures minimum plastic wastage generation and recycling and reuse of plastic waste with its plastic recycling partners. Its clients include Bisleri International Pvt Ltd ,United Breweries Kingfisher, Foster, Rail Neer, Patanjali, Aqua Diamond, and many others.
Written by: Bharath K.S
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