TCPL Q3 PAT falls 35% YoY; K K Kanoria steps down, made Chairman Emeritus

Revenue DeclinePat NegativeExceptional ItemEbitda Margin CompressionResults View source PDF Explain this filing

TCPLPACK · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+14.3%Reaction day

₹2636.00

prior close

₹2642.00

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+1.0%+13.3% vs market

Packaging peers, median of 61sector+0.2%+14.1% vs sector

On the reaction day the stock moved 13.3 pts more than Nifty Microcap 250 and 14.1 pts more than its Packaging peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+3.6

10m

+4.5

15m

+4.2

30m

+4.5

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+14.3+1.0+13.3+0.2+14.1

Next day

+10.4+0.5+10.0+0.0+10.4

+8.2-0.0+8.3+0.6+7.7

+9.1-1.5+10.6-0.5+9.6

+13.8-2.2+16.1-1.9+15.7

+13.8-1.2+15.1-2.7+16.5

+7.8-2.4+10.2-2.5+10.3

15d

-3.2-8.8+5.6-10.5+7.3

-4.7-8.3+3.5-8.2+3.5

-5.2-3.5-1.6-4.9-0.3

+6.9+6.4+0.5-0.4+7.3

UpDownMarket · Nifty Microcap 250Sector · Packaging peers, median of 61Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

TCPL Packaging Q3 FY26 standalone revenue was Rs 446.95 crore vs Rs 450.40 crore YoY, with PAT falling 35% to Rs 24.95 crore. 9M PAT dropped 28% to Rs 76.01 crore. Results include a Rs 11.30 crore one-time exceptional charge from new Labour Codes notified in Nov 2025. Finance costs rose about 48% in 9M to Rs 59.77 crore. Separately, founder Chairman K K Kanoria (age 85) steps down and is named Chairman Emeritus; his son Saket Kanoria is elevated to Chairman and Managing Director from Feb 10, 2026. Auditors issued an unmodified review report.

Likely market impact

Weak Q3 with sharp PAT decline, rising finance costs, and one-time Labour Code charge may weigh on sentiment. Leadership transition looks smooth and well planned.