Manufactures rigid industrial packaging — polymer drums, Intermediate Bulk Containers (IBCs) and mild steel (MS) drums — across 9 manufacturing facilities in India. The product mix is shifting toward higher-value IBCs, which rose to 41% of revenue in FY26 from 34% the prior year, with management targeting 43–45% in FY27. Total installed capacity reached 76,931 metric tonnes per annum (MTPA) after a 22% YoY expansion, with the new WADA plant fully operational in FY26 and contributing ₹65 crore of revenue; phase-1 revenue potential is ₹200 crore. Capacity utilization stood at ~69% with a stated target of ~80% in FY27. Energy and input cost initiatives include a 13.25 MW solar project (commissioned in two stages, expecting ₹15 crore annual power savings) and a 5,000 MT plastic recycling plant awaiting Pollution Control Board clearance (target savings ≥₹5 crore/year plus subsidy). Revenue is driven by packaging volumes into India's chemical and agrochemical sectors, with raw materials (primarily polymers) accounting for 73.5% of revenue. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. IBC (Intermediate Bulk Containers) (41%), HDPE drums / polymer products, MS (Mild Steel) drums. Asset-heavy industrial packaging; single reporting segment
| ₹ crore · consolidated | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | 532 | 591 | 681 |
| EBITDA (ex other income) | 44 | 43 | 56 |
| margin % | 8.3 | 7.3 | 8.2 |
| Owners' profit | 29 | 27 | 29 |
| EPS, as reported (₹) | 8.49 | 7.38 | 7.93 |
| ROE % · ROCE % | 13.2 · 18.3 | 10.7 · 13.5 | 10.4 · 12.9 |
| Debt / equity (x) | 0.09 | 0.22 | 0.66 |
| Cash from operations | (4) | 35 | (41) |
| Capex | (44) | (69) | (76) |
| ₹ crore | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 133 | 153 | 171 | 164 | 161 | 161 | 195 | 222 |
| Profit before tax | 8 | 9 | 9 | 11 | 8 | 6 | 14 | 14 |
| Net profit | 6 | 7 | 7 | 8 | 6 | 5 | 10 | 10 |
| EPS (₹) | 1.56 | 1.85 | 1.90 | 4.32 | 1.67 | 1.30 | 2.80 | 2.85 |
| 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 % |
|---|---|---|---|---|
| 31 Aug 2026 · Newspaper ad for 28th AGM notice published | compliance | minimal | — | — |
| 31 Aug 2026 · Newspaper ad filed for 28th AGM notice sent to shareholders | compliance | minimal | — | — |
| 29 Aug 2026 · Annual Report FY25-26 web-link sent to shareholders without registered email | compliance | minimal | — | — |
| 29 Aug 2026 · 28th AGM on Sept 22, 2026; Final Dividend of Rs 0.50 per Share | board shareholder meetings | low | — | — |
| 26 Aug 2026 · Notice of 28th AGM published in newspapers - Sep 22, 2026 | compliance | minimal | — | — |
| 24 Aug 2026 · TDS communication on final dividend for FY 2025-26 | compliance | minimal | — | — |
| 21 Aug 2026 · Pyramid Technoplast fixes Sep 11 record date for Rs 0.50 final dividend | corporate actions | high | — | — |
| 18 Aug 2026 · Pyramid Technoplast Q1 FY27 earnings call transcript filed | investor communications | medium | — | — |
| 13 Aug 2026 · Pyramid Technoplast publishes Q1 FY27 results in newspapers | compliance | minimal | — | — |
| 12 Aug 2026 · Revised link for Q1 FY27 earnings call recording | investor communications | 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) | 18.6 | 17.6 | 36 of 69 | 49% |
| P/B | 2.1 | 1.4 | 41 of 61 | 33% |
| ROCE | 10.8 | 7.3 | 25 of 71 | 66% |
| ROE | 10.4 | 6.8 | 23 of 66 | 66% |
| Debt / Equity | 0.7 | 0.3 | 45 of 66 | 32% |
| EBITDA margin | 9.6 | 12.1 | 39 of 62 | 38% |
| Revenue growth | 35.8 | 14.0 | 11 of 61 | 83% |
| Profit growth | 32.1 | 23.4 | 29 of 60 | 53% |
| Market cap | 589 | 131 | 19 of 73 | 75% |
| 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.
