NSE: TOKYOPLAST · BSE: 500418
TOKYO PLAST INTL LTD
Makes stainless steel and plastic drinkware products for sale through distribution channels. FY26 standalone revenue was Rs 79.3135 crore, up 9.4% YoY. The company operated a wholly owned subsidiary called Pinnacle Drinkware, which recorded zero revenue in FY26 and was closed, dragging consolidated net profit down to Rs 0.6305 crore from a higher standalone figure. A new wholly owned subsidiary, Pinnacle Retail Private Limited, has been incorporated to handle retail distribution of the company's drinkware products, with paid-up capital of Rs 4,99,990 across 49,999 equity shares at Rs 10 each. In Q1 FY27, standalone revenue rose to Rs 1,982.83 lakhs from Rs 1,820.73 lakhs a year earlier, and standalone profit after tax climbed to Rs 39.48 lakhs from Rs 10.14 lakhs. The cost structure is dominated by raw materials at Rs 40.9594 crore (51.6% of revenue), followed by employee costs at Rs 16.315 crore (20.6%) and other operating expenses at Rs 17.5124 crore (22.1%); depreciation was Rs 3.0472 crore (3.8%). AR · MarketPing reader · 2026-08-03
Revenue streams, as the annual report describes them. Drinkware products. Small-cap consumer goods manufacturer of plastic and stainless steel drinkware
Exhibit 1: Financial summary, FY20–FY26 (all audited; no estimate years)
| ₹ crore · consolidated | FY20 | FY21 | FY22 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 61 | 63 | 80 | 72 | 79 |
| EBITDA (ex other income) | 4 | 4 | 4 | 7 | 7 |
| margin % | 6.3 | 5.7 | 5.0 | 9.1 | 8.8 |
| Owners' profit | 0 | 0 | 0 | 0 | 0 |
| EPS, as reported (₹) | 0.79 | 0.63 | (0.16) | 1.38 | 0.66 |
| ROE % · ROCE % | 1.3 · 1.8 | 0.2 · 1.5 | (0.3) · 1.7 | 2.1 · 5.7 | 1.0 · 5.0 |
| Debt / equity (x) | 0.21 | 0.16 | 0.26 | 0.40 | 0.74 |
| Cash from operations | — | 1 | 4 | 5 | 9 |
| Capex | — | (4) | (3) | (12) | (23) |
Exhibit 2: Quarterly performance, last 8 quarters
| ₹ crore | Q3 FY23 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 16 | 19 | 17 | 18 | 21 | 17 | 23 | 20 |
| Profit before tax | (1) | 0 | 1 | 0 | 1 | (0) | 0 | (0) |
| Net profit | (1) | 0 | 0 | 0 | 1 | (0) | 0 | (0) |
| EPS (₹) | (0.95) | 0.09 | 0.49 | 0.09 | 1.34 | (0.14) | 0.05 | (0.21) |
Exhibit 3: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | Next day % | 5-day % |
|---|---|---|---|---|
| 27 Oct 2026 · Board to approve September 2026 quarterly and half-year results | results | low | — | — |
| 9 Oct 2026 · Reg 74(5) compliance certificate submitted for Sep 2026 quarter | compliance | minimal | — | — |
| 2 Oct 2026 · 33rd AGM results: all 5 resolutions passed with over 99.99% approval | board shareholder meetings | low | — | — |
| 30 Sept 2026 · Tokyo Plast 33rd AGM held via video conferencing, five resolutions tabled | board shareholder meetings | low | — | — |
| 22 Sept 2026 · Trading Window Closure from Oct 1, 2026 for Q2 Results | compliance | minimal | — | — |
| 8 Sept 2026 · Newspaper ad of 33rd AGM notice and e-voting information | compliance | minimal | — | — |
| 7 Sept 2026 · 33rd AGM notice and FY26 annual report - 30 Sept 2026 | board shareholder meetings | medium | — | — |
| 7 Sept 2026 · Newspaper advertisement filed for 33rd AGM on September 30, 2026 | compliance | minimal | — | — |
| 5 Sept 2026 · 33rd AGM scheduled for September 30, 2026 via video conferencing | board shareholder meetings | low | — | — |
| 20 Aug 2026 · Corrigendum: CS Sonal Gandhi resignation letter filed after BSE query | management changes | medium | — | — |
How to read this document
| 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 |
| 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 |
Sources, method and disclosures
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.