Was in the packaging industry but manufacturing operations have been suspended and its land, building and manufacturing facilities have been sold off. All activity is classified as discontinued operations, with revenue from operations reported as nil in recent quarters. The FY26 total income of Rs 111.97 lakhs came mainly from the sale of property, plant and equipment rather than operating activity. The company posted a net loss of Rs 35.81 lakhs for FY26 against a profit of Rs 90.52 lakhs in FY25, and its total equity turned negative at minus Rs 1,364.16 lakhs with long-term borrowings of Rs 1,367.87 lakhs. The auditor flagged that the financial statements are prepared on a realisable value basis, not on a going-concern basis, with no final business action plan in place. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Discontinued packaging operations, Sale of property, plant and equipment. Discontinued operations; former packaging manufacturer, facilities divested
| ₹ crore · consolidated | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 0 |
| EBITDA (ex other income) | (0) | (0) | (0) | (0) | (0) |
| margin % | — | — | — | — | — |
| Owners' profit | 1 | 0 | (0) | 1 | (0) |
| EPS, as reported (₹) | 2.43 | 1.40 | 1.40 | 4.28 | 1.69 |
| ROE % · ROCE % | (19.4) · (41.8) | (16.9) · (31.1) | 3.1 · 4.5 | 1639.9 · 628.2 | 2.6 · (85.4) |
| Debt / equity (x) | (0.48) | (0.41) | (0.27) | 1.45 | (1.00) |
| Cash from operations | 1 | 0 | 0 | (0) | (0) |
| Capex | 0 | 0 | 0 | 0 | 0 |
| ₹ crore | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | (0) | (0) | (0) | 1 | (0) | (0) | (0) | (0) |
| Net profit | (0) | (0) | (0) | 1 | (0) | (0) | (0) | (0) |
| EPS (₹) | (0.03) | (0.03) | (0.06) | 4.41 | 1.37 | 0.12 | 1.60 | 0.10 |
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| EPL LIMITED | 7,674 | 15.7 | 2.68 | 8.3 | 13.7 | 13.6 | 9.0 | 19.1 |
| AGI GREENPAC LIMITED | 4,943 | 13.7 | 2.05 | 7.5 | 14.6 | 16.5 | — | 23.4 |
| UFLEX LIMITED | 4,730 | 6.9 | 0.58 | 6.9 | 3.9 | 2.7 | 11.6 | 17.1 |
| POLYPLEX CORPORATION LTD | 3,541 | 22.8 | 0.50 | 9.5 | 0.6 | 0.3 | 7.6 | 14.3 |
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 29 Aug 2026 · Scrutinizer Report on 42nd AGM voting results | board shareholder meetings | low | — | — |
| 29 Aug 2026 · 42nd AGM held; financials adopted, director reappointed | board shareholder meetings | low | — | — |
| 5 Aug 2026 · Notice of 42nd Annual General Meeting | compliance | minimal | — | — |
| 4 Aug 2026 · 42nd AGM notice and FY26 annual report submitted to BSE | board shareholder meetings | low | — | — |
| 20 Jul 2026 · Compliance certificate under SEBI Reg 74(5) filed for Q1 FY27 | compliance | minimal | — | — |
| 18 Jul 2026 · Unaudited standalone results for quarter ended 30 June 2026 | results | high | — | — |
| 16 Jul 2026 · Deccan Polypacks Q1 FY27 net loss Rs 5.83L, no operating revenue | results | high | — | — |
| 16 Jul 2026 · Board approves Q1 FY27 results; AGM set for 29 August 2026 | results | high | — | — |
| 16 Jul 2026 · Deccan Polypacks Q1 FY27 Loss; Results Under Discontinued Operations | results | medium | — | — |
| 10 Jul 2026 · Board meeting on July 16, 2026 to consider Q1 results and 42nd AGM | results | low | — | — |
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions | an event is a fact; a rating is an opinion that requires SEBI RA registration |
| TCPL PACKAGING LIMITED |
| 3,515 |
| 30.4 |
| 4.89 |
| 13.4 |
| 13.6 |
| 13.0 |
| 15.4 |
| 17.8 |
| XPRO INDIA LIMITED | 3,028 | 91.7 | 3.79 | 64.6 | 2.4 | 2.8 | 6.2 | 11.4 |
| JINDAL POLY FILMS LIMITED | 2,936 | 143.6 | 0.72 | 10.0 | 0.6 | 0.8 | 8.5 | 23.0 |
| COSMO FIRST LIMITED | 2,294 | 13.6 | 1.42 | 8.0 | 9.6 | 6.4 | 9.8 | 12.6 |
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 7.2 | 17.6 | 13 of 69 | 82% |
| ROCE | (965.2) | 7.3 | 71 of 71 | 0% |
| ROE | 2.6 | 6.8 | 47 of 66 | 29% |
| Debt / Equity | (1.0) | 0.3 | 2 of 66 | 99% |
| Profit growth | (102.2) | 23.4 | 53 of 60 | 12% |
| Market cap | 5 | 131 | 72 of 73 | 1% |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.