TPL Plastech Limited
NSE: TPLPLASTEH · Packaging · sector
Key numbers
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 63 companies in Packaging (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹6 cr vs borrowings ₹18 cr (FY26): borrowings are higher by ₹12 cr.
- Operating profit covered interest 8.6x in the last 12 months.
- Operating cash flow was below net profit in 2 of the last 5 years (FY25, FY23).
- Revenue was higher than a year earlier in 4 of the last 4 quarters.
- Other income was 0% of net profit in the last 12 months.
- Debtor days went from 64 (FY24) to 54 (FY26).
- Dividend paid in 5 of the last 5 financial years.
- Price ₹62.31 on 2026-10-26: -31.0% from the 52-week high, +24.6% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 89 | 91 | 92 | 90 | 107 | 111 | 114 | 124 |
| EBITDA | 10 | 11 | 11 | 10 | 12 | 14 | 13 | 11 |
| OPM % | 10.9% | 12.0% | 12.3% | 11.1% | 11.1% | 12.2% | 11.3% | 9.1% |
| Other income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net profit | 5 | 7 | 7 | 5 | 7 | 9 | 8 | 7 |
| EPS (₹) | 0.69 | 0.89 | 0.88 | 0.70 | 0.88 | 1.11 | 1.03 | 0.84 |
| Revenue YoY | +20.1% | +22.2% | +23.7% | +37.6% | ||||
| Profit YoY | +27.8% | +25.4% | +17.9% | +19.2% |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 229 | 271 | 313 | 349 | 423 | 457 |
| EBITDA | 27 | 30 | 36 | 41 | 48 | 50 |
| Net profit | 13 | 16 | 20 | 24 | 29 | 30 |
| EPS (₹) | 8.53 | 2.06 | 2.54 | 3.02 | 3.73 | 3.86 |
| Revenue growth | +18.3% | +15.6% | +11.6% | +21.0% | +25.9% | |
| Profit growth | +20.5% | +23.8% | +18.8% | +23.2% | +22.5% | |
| Dividend / share (₹) | 3.50 | 2.00 | 0.60 | 0.80 | 1.00 |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | +16.0% | +19.9% | +25.9% |
| Net profit | +21.9% | +29.4% | +22.5% |
| EPS | +21.9% | -18.3% | – |
| Share price | – | -18.5% (2y) | -3.4% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 115 | 130 | 148 | 169 |
| Borrowings | – | 38 | 25 | 44 | 18 |
| Cash & equivalents | – | 5 | 6 | 5 | 6 |
| Total assets | – | 224 | 232 | 245 | 256 |
| Fixed assets | – | 56 | 84 | 93 | 90 |
| Capital work in progress | – | 24 | 1 | 3 | 6 |
| Investments | – | 0 | 0 | 0 | 1 |
| Receivables | – | 54 | 55 | 60 | 63 |
| Inventory | – | 60 | 70 | 62 | 68 |
| Payables | – | 50 | 56 | 37 | 52 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | 23 | -2 | 29 | 16 | 46 |
| Cash from investing | -4 | -10 | -6 | -22 | -6 |
| Cash from financing | -19 | 12 | -24 | 6 | -40 |
| Capex | 6 | 17 | 16 | 24 | 9 |
| Free cash flow | 17 | -19 | 13 | -8 | 36 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | 13.9% | 15.2% | 16.0% | 17.2% |
| ROCE % | – | 16.6% | 19.9% | 18.4% | 22.8% |
| Debtor days | – | 73 | 64 | 62 | 54 |
| Inventory days | – | 101 | 103 | 81 | 74 |
| Payable days | – | 85 | 83 | 49 | 57 |
| Cash conversion cycle (days) | – | 89 | 84 | 94 | 71 |
| Working capital days | – | 75 | 74 | 61 | 64 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 74.86% |
| FIIs | 0.50% |
| DIIs | 0.04% |
| of which Mutual funds | 0.04% |
| Public (non-institutions) | 24.60% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 74.86% | 74.86% | 74.86% | 74.86% | 74.86% | 74.86% | 74.86% | 74.86% |
| Promoter group | % |
|---|---|
| Time Technoplast Limited | 74.86% |
| Public holders above 1% | % |
|---|---|
| Investor Education and Protection Fund Authority Ministry of Corporate Affairs | 3.48% |
29,305 shareholders. Pledged: – of promoter shares.
Peers in Packaging
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| EPL | ₹7,100 cr | 18.3x | 2.5x | 14.9% | 17.0% | 19.3% | +8.8% | 2.25% |
| AGI | ₹4,590 cr | 12.7x | 1.9x | 16.1% | 19.6% | 22.5% | +5.3% | 0.98% |
| UFLEX | ₹4,111 cr | 6.0x | 0.5x | 8.8% | 8.9% | 13.5% | +1.6% | 0.53% |
| TCPLPACK | ₹3,649 cr | 31.6x | 5.1x | 16.9% | 17.8% | 15.3% | +7.9% | 0.75% |
| JINDALPOLY | ₹2,976 cr | – | 1.0x | -27.6% | -17.5% | -78.1% | -14.4% | 0.87% |
| POLYPLEX | ₹2,943 cr | 18.9x | 0.7x | 3.9% | 6.9% | 7.8% | -2.5% | 1.55% |
| XPROINDIA | ₹2,278 cr | 69.0x | 3.0x | 4.8% | 5.2% | 9.3% | -0.4% | 0.20% |
| KNACK | ₹2,038 cr | – | – | – | – | – | – | – |
| MOLDTKPAC | ₹1,928 cr | 25.3x | 2.8x | 11.4% | 13.4% | 19.1% | +6.7% | 0.69% |
| TPLPLASTEH | ₹486 cr | 16.1x | 2.9x | 19.0% | 23.4% | 10.8% | +16.0% | 1.61% |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2026-09-15 | Dividend | Dividend - Rs 1.30 Per Share |
| 2025-09-02 | Dividend | Dividend - Re 1 Per Share |
| 2024-09-17 | Dividend | Annual General Meeting/Dividend - Re 0.80 Per Share |
| 2023-09-14 | Dividend | Annual General Meeting/Dividend - Re 0.60 Per Share |
| 2022-10-19 | Split | Face Value Split (Sub-Division) - From Rs 10/- Per Share To Rs 2/- Per Share |
| 2022-09-20 | Dividend | Annual General Meeting/Dividend - Rs 2 Per Share |
| 2021-09-16 | Bonus | Bonus 1:1 |
| 2021-09-01 | Dividend | Annual General Meeting/Dividend - Rs 3.50 Per Share |
| 2020-09-21 | Dividend | Annual General Meeting/Dividend - Rs 3.50 Per Share |
| 2019-09-19 | Dividend | Annual General Meeting/Dividend - Rs 3.50 Per Share |
| 2018-09-12 | Dividend | Annual General Meeting/Dividend Rs 3.50 Per Share (Purpose Revised) |
| 2017-09-21 | Dividend | Annual General Meeting/ Dividend - Rs 3.00 Per Share (Purpose Revised) |
| 2016-09-21 | Dividend | Annual General Meeting/Dividend - Rs 2.50 Per Share |
| 2015-09-16 | Dividend | Annual General Meeting/ Dividend - Rs 2/- Per Share |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Annual report FY22
- Announcements NSE filings
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
| Sector | Industrials |
| Industry | Packaging |
| Sub-industry | Packaging |
| Symbol | TPLPLASTEH |
| BSE code | 526582 |
| ISIN | INE413G01022 |
| Face value | ₹2.0 |
| Incorporated | – |
| Website | – |
| Plants (India / abroad) | – |
Data built 2026-10-23 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.