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Prices as of 9 Oct 2026 close · Not investment advice

TPL Plastech Limited

NSE: TPLPLASTEHPackaging

Share price

₹67.08

-0.90% close of 9 Oct 2026

Market cap ₹537 CrP/E 17.8

Price-based ratios (P/B, dividend yield, EV/EBITDA) are as of 8 Oct 2026, the close above is 9 Oct 2026.

Business score

How strong the business is, in one number. The parts behind it are in Pro.

78

out of 100 · worked out 8 Oct 2026

Your ratios

The numbers you want to see first. Tap Edit to change them.

Market cap

₹537 Cr

P/E ratio

17.8

P/B ratio

3.1

ROCE

22.3%

ROE

18.3%

Dividend yield

1.9%

Price & valuation chart

How the share price and its valuation have moved. Hover over the chart to see any day. Prices as of the last close.

Prices as of 9 Oct 2026 close52-week high ₹87.1652-week low ₹51.50

Answers

Simple answers to the questions investors ask most, from the company's own numbers.

How fast it has been growing

Sales grew 25.9% over the past year, and 16.8% a year over its longer record. Meanwhile what it keeps of every 100 rupees of sales slipped from 11.5% to 10.9% over the last two years.

Whether it grew faster than its sector

It grew 16.8% a year against a sector median of 10.6% — 6.2 percentage points faster.

Room to re-rate, or risk of de-rating

At 17.8× earnings against a market that pays 24.1× across 2199 companies we can price. Its own industry sits at 18.1×, across 5 companies. It is against its own five-year median of 27.6×, the 3rd percentile of its own range.

Whether growth justifies the valuation

Priced at 0.7 times its growth rate, on earnings growth of 24%.

Profit growthPrice per ₹1 profitPer 1% growth
TPL Plastech Limited — this one24%/yr17.8×₹0.74
EPL Limited22%/yr18.1×₹0.82
AGI Greenpac Limited—13.7×—
UFLEX Limited-17%/yr6.5×—
TCPL Packaging Limited3%/yr30.8×₹10.3
Polyplex Corporation Limited-60%/yr20.5×—

Compared with companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

How it compares with its peers

Against companies the exchange files under the same label (Packaging), it ranks 3 of 36 on returns, 6 of 35 on growth, 17 of 36 on margin. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

What makes it hard to beat — and is that still true?

A wide advantage: it earns 22.3% on capital, ahead of 92% of companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

Whether its growth pays for itself

Yes — Over the last five years it made ₹110 crore of cash from the business, spent ₹47 crore on plant and equipment, and returned ₹65 crore to lenders and shareholders. And the profit is real: of every 100 rupees it reported over 9 years, about 116 arrived as cash (before interest, which is why it can exceed the profit). Its cash comes back faster than it used to: it went from being waiting 72 days for its cash to waiting 59 days for its cash.

Profit reality check

Is the profit real cash? Simple checks on the accounts. Facts only, not advice.

9 of 9 checks clear · 100%

Latest result · Q1 FY27

What the last results showed. Whether management kept its word is in Pro.

Announced 4 Aug 2026 · Consolidated · Unaudited

Revenue

₹124 Cr

Revenue vs last year

+37.6%

Revenue vs last quarter

+9.0%

Net profit

₹7 Cr

Profit vs last year

+19.3%

Profit vs last quarter

-19.0%

Net margin

5.2%

EPS

₹0.84

Checklist before you investPRO

Points for and against, in one list.

Key numbers & peers

The main numbers grouped by topic, and how the company compares with similar ones.

Price

Market cap
₹537 Cr
Prev close
₹67.08
52w High
₹90.3
52w Low
₹50.0
Enterprise value
₹550 Cr
Beta
1.2
Price CAGR 1y
-3.0%
Price CAGR 3y
16.0%
Price CAGR 5y
14.0%
Price CAGR 10y
4.0%

Ratios

Return on assets
11.3%
PEG ratio
0.7
P/E ratio
17.8
P/B ratio
3.1
EV / EBITDA
11.1
Industry P/E
17.4
ROCE
22.3%
ROCE 5y average
18.8%
ROE
18.3%
Debt / Equity
0.1
Interest coverage
8.4
Dividend yield
1.9%
ROE 3y average
17.0%
ROE last year
18.0%

Annual P&L

Annual revenue
₹423 Cr
Annual profit
₹29 Cr
Operating margin
11.0%
Net profit margin
6.9%
EBITDA margin
11.3%
Sales growth 3y
16.0%
Sales growth 5y
14.4%
Profit growth 3y
24.0%
Profit growth 5y
29.0%
EPS
₹3.7
Sales growth TTM
26.0%
Profit growth TTM
22.0%
Dividend payout
35.0%

Quarter P&L

Sales latest quarter
₹124 Cr
Profit latest quarter
₹7 Cr
YoY quarterly sales growth
37.6%
YoY quarterly profit growth
19.2%
OPM latest quarter
9.1%

Balance Sheet

Book Value
₹21.1
Face Value
₹2.0
Total debt
₹19 Cr
Total cash
₹6 Cr
Borrowings
₹19 Cr
Reserves / Equity
9.6

Cash Flow

Operating cash flow
₹46 Cr
Free cash flow
₹40 Cr
FCF yield
6.6%
Net cash flow
₹0 Cr

Shareholding

Promoter holding
74.9%
FII holding
0.5%
DII holding
0.0%
Public holding
24.6%

Peer comparison

CompanyPrice ₹P/EMkt cap ₹ CrDiv yield %Profit qtr ₹ CrProfit var %Sales qtr ₹ CrSales var %ROCE %
EPL Ltd232.0518.17,4451.10100.6-1.41,387.925.317.8
AGI Greenpac782.1513.75,0600.8899.612.1785.314.219.5
Uflex618.256.44,4640.48423.1629.65,366.037.67.0
TCPL Packaging3,986.8030.13,6280.6037.665.5474.015.817.9
Polyplex Corpn1,001.9020.33,1450.29171.1571.42,253.629.60.9
Jindal Poly Film636.2547.62,7860.00107.239.1695.8-23.8-2.0
XPRO India1,095.6578.72,5710.187.6244.9174.420.43.8
TPL Plastech68.0017.65301.906.519.2124.437.622.3
Median169.8519.85360.238.742.4139.222.512.9

Competes with: AGI Greenpac Limited, EPL Limited, Jindal Poly Films Limited, Knack Packaging Limited, Polyplex Corporation Limited, TCPL Packaging Limited, UFLEX Limited, Xpro India Limited

Quarterly results

Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.

Consolidated · to 30 Jun 2026
Line itemJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales697883837789919290107111114124
Expenses6170737369798081809598101113
Material Cost7373868794101
Change in Inventories-0.59-0.95-0.402.27-2.472.14
Purchases of Stock-in-Trade000000
Employee Cost2.042.672.702.592.762.85
Other Expenses5.985.746.446.086.626.74
Operating Profit7.638.739.939.758.579.7311111012141311
OPM %1111121211111212111112119.09
Other Income0.020.0100.470.010.020.020.020.020.020.020.060.02
Exceptional items (within Other Income)000000
Interest1.261.451.411.321.181.181.221.461.311.311.291.241.22
Depreciation1.491.571.361.201.381.421.341.341.411.431.541.561.56
Profit before tax4.905.727.167.706.027.158.428.547.319.1511108.54
Tax %26261821262518202525192024
Net Profit3.654.265.886.074.485.366.936.835.476.858.698.056.52
EPS in Rs0.470.550.750.780.570.690.890.880.700.881.111.030.84
Diluted EPS in Rs0.880.700.881.111.030.84

Profit & loss

Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.

Consolidated · to 31 Mar 2026
Line itemMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales180193226216170271313349423457
Expenses158168200192150241277309374407
Material Cost279340
Change in Inventories-1.47-1.55
Purchases of Stock-in-Trade00
Employee Cost9.0511
Other Expenses2225
Operating Profit22242624203036414850
OPM %12131111121112121111
Other Income0001110000
Exceptional items (within Other Income)00
Interest45666555.0455
Depreciation3344455.625.495.936
Profit before tax15161615112025303739
Tax %232628282822222222
Net Profit1112111181620242930
EPS in Rs1.451.561.471.381.032.062.543.023.733.86
Diluted EPS in Rs3.023.73
Dividend Payout %212224253429314335

Compounded growth

Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.

Compounded sales growth

10 years
—
5 years
14%
3 years
16%
TTM
26%

Compounded profit growth

10 years
—
5 years
29%
3 years
24%
TTM
22%

Stock price CAGR

10 years
4%
5 years
14%
3 years
16%
1 year
-3%

Return on equity

10 years
—
5 years
—
3 years
17%
Last year
18%

Balance sheet

What the company owns and what it owes, at the end of each year. ₹ crore.

Consolidated
Line itemMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital8888816161616
Reserves5463717984100115132153
Borrowings375658392944314619
Other Liabilities506970757065715268
Minority Interest00
Total Liabilities148196208200190224232245256
Fixed Assets517167665856849390
CWIP6477724136
Investments000000001
Other Assets91121133127124144147149160
Total Assets148196208200190224232245256

Cash flows

Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.

Consolidated
Line itemMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity310103221-2291646
Cash from Investing Activity-10-21-3-2-4-10-6-22-6
Cash from Financing Activity612-7-28-1912-246-40
Net Cash Flow-01-01-2-00-0-0
Free Cash Flow-6-1172917-1224-6.1240

Ratios

How fast customers pay, how long stock sits, and how well capital earns — year by year.

Consolidated
Line itemMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days889186789373646254
Inventory Days791311221241501011038174
Days Payable10114011513315785834957
Cash Conversion Cycle668293698689839571
Working Capital Days302726357279725559
ROCE %19171614192022

Shareholding pattern

Who owns the company — founders (promoters), foreign funds, Indian funds and the public. In %.

Consolidated · to 30 Jun 2026
Line itemSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters757575757575757575757575
FIIs000.010.120.260.0300.0200.450.500.47
DIIs0.080.080.080.080.080.080.080.080.080.080.040.04
Public252525252525252525252525
No. of Shareholders12,07313,80018,50421,93533,55933,74533,58532,90331,82930,56629,63029,037

Price trend

The price as a Renko brick chart: small moves drop out so the bigger path stands out.

Change over 1 year -5.5% (₹70.96 → ₹67.08)Brick size ₹3.20 (fixed)Bricks 29
₹60.00₹80.00₹67.08Jan '26Mar '26May '26Aug '26
Price moved up one brickPrice moved down one brickLast close ₹67.08 on 9 Oct 2026

Every brick is the same size, about one typical day's move. A new brick needs a full brick's move; turning the other way needs two. Bricks show where the price went, not where it will go.

Open interestPRO

Where option traders are positioned on this stock.

Industry numbers

The numbers that matter most in this industry, from the company's own filings.

1 when an audit qualification is filed as repetitive

0.00flag

2026-03-31

the company's own unlisted debt securities in default at period end

0.00cr

2026-06-30

the company's own loans / revolving facilities in default at period end (standalone filing)

0.00cr

2026-06-30

net debt from the filed balance sheet at the newest year end: Borrowings − Cash Equivalents − Investments (Current); negative = net cash

13.00inr_cr

2026-03-31

guarantees / comfort given for promoter, promoter group, directors and KMP

0.00cr

2026-03-31

loans outstanding to promoter, promoter group, directors and KMP (governance filing)

0.00cr

2026-03-31

security given for the borrowing of promoter, promoter group, directors and KMP

0.00cr

2026-03-31

News

News and filings about TPL Plastech Limited. Open one to see why it matters.

Supply chain

Who it buys from, sells to and competes with — as recorded in our map of company links.

Competes with

Uses as raw material

  • High-density polyethylene (HDPE/HMHDPE) polymer resin
  • Polypropylene (PP) polymer resin

Depends on the price of

  • Crude Oil Brent
  • fuel

Sells to

  • Time Technoplast Limited · strategic manufacturing collaboration at Dahej for IBCs under the GNX brand; TIMETECHNO is…

About

What the company is, from our own records: where it sits, where it makes things, and what it is made of.

Sector
Capital Goods
Industry
Packaging
Classification
Capital Goods › Packaging
ISIN
INE413G01022

Plants

  • TPL Plastech Bhuj facility · Bhuj, Gujarat
  • TPL Plastech Dahej facility · Dahej, Gujarat
  • TPL Plastech Lote-Parshuram greenfield facility
  • TPL Plastech Mahad facility
  • TPL Plastech Ratlam facility · Ratlam, Madhya Pradesh
  • TPL Plastech Silvassa I
  • TPL Plastech Silvassa II
  • TPL Plastech Vizag facility

News impact

Big market events that reach TPL Plastech Limited, and how the effect spreads.

No recent market events reach this company.

Dividends, splits & big trades

Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.

Dividends

15 Sep 2026unspecified₹1.3
2 Sep 2025unspecified₹1
17 Sep 2024unspecified₹0.8
14 Sep 2023unspecified₹0.6
19 Oct 2022split₹0
20 Sep 2022unspecified₹2
16 Sep 2021bonus₹0
1 Sep 2021unspecified₹3.5

Splits, bonuses & buybacks

  • daily-prices repair: 9 rows from NSE's archive (replace 1, delete 1, insert 7), 2016-10-30..2026-02-01 (docs/flat_day_repair.md)1× · 30 Oct 2016

Documents

Annual reports, results presentations and earnings calls, straight from the source.

Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.