Companies›Industrials›Capital Goods›Industrial Products
NSE:TPLPLASTEH

TPL PLASTECH LIMITED

Capital Goods › Industrial Products
₹63.11
at close · 27 Oct 2026
▲ 1.11 (+1.79%)

Latest filings

  1. TPL Plastech files quarterly demat confirmation certificate for Q2 FY27 · Compliance
  2. Trading window closure for Q2 FY26 results period · Compliance
  3. TPL Plastech board approves merger with Time Technoplast; ratio 403:1000 · Strategic Transactions
All filings ↓
Ask Nexa about TPL PLASTECH LIMITED

Snapshot

What the business is, and whether it's a good one at a fair price.

AI · written from filings

Makes industrial packaging products, with its operations tracked under two segment names — Composite Products and Polymer Products — and its consolidated business classified as a single Industrial Packaging segment. Products are sold to chemicals, specialty chemicals and pharmaceutical customers. Key production is concentrated at the Dahej Greenfield facility in Gujarat, whose ramp-up during FY26 supported volume growth. FY26 revenue from operations was Rs 422.55 cr (up 21% YoY) and net profit was Rs 29.07 cr (up about 23%), with EBITDA margin of 11.45%. Materials — polymers and composites — are the dominant cost at 80.5% of revenue, with employees at 2.5%, other operating expenses at 5.9%, depreciation at 1.4% and capex at 2.2% of revenue. Outstanding borrowing was Rs 4.87 cr as of March 2026 with a CRISIL A+/Stable rating, and the Board recommended a final dividend of Rs 1.30 per equity share for FY26.

Operating scale
FY26 volume growth
~21%FY26
Dahej Greenfield facility
Key Gujarat facility whose ramp-up drove FY26 volume growthFY26
ROCE
22.5%FY26
Credit rating
CRISIL A+/StableFY26
Outstanding borrowing
Rs 4.87 crMarch 2026
Gujarat solar shift plan
75% of Gujarat operations on solar, ~Rs 5 cr investment, ~Rs 4 cr annual savings target
Who pays it
Chemicals, specialty chemicals and pharmaceutical companies
Biggest cost
Materials (polymers and composites) at 80.5% of revenue
Kind of business
Single-segment industrial packaging manufacturer
Where it sits
Classified under Industrials / Capital Goods / Industrial Products / Packaging
Market Cap
₹492 Cr
P / E (TTM)
16.4×
EV / EBITDA
10.3×
Div Yield
1.58%
Growth
19.9%▲
Revenue 5y CAGR
PAT +29.4% · EBITDA +19.0%
Quality
23.5%▲
ROCE (FY26)
ROE 17.2% · margin 11.5%
Leverage
0.10·
Debt / Equity · low
Net debt ₹18 Cr
Revenue FY19→FY26
1.9×▲
Margin +1.8 pts
₹226 Cr → ₹423 Cr
Cash conversion
1.39×▲
Operating cash ÷ profit · 4 yrs
₹112 Cr on ₹81 Cr
Moves on a normal day
1.33%·
Median daily move
Last 268 sessions · the yardstick for filing-day moves
Where it sits among 72 Packaging peersBar = share of peers beaten · tick = industry median · latest reported figures
P/E (TTM)#32/64
P/B#49/61
ROCE#4/68
ROE#5/61
Debt / Equity#17/61
EBITDA margin#42/62
Revenue growth#9/61
Profit growth#33/60

Scorecard

Measured from the filed financials, judged against its Packaging peers · as of FY26 — not investment advice

Strengths
Revenue compounding 20% a year over 5 years
Profit compounding 29% a year over 5 years
Returns on capital 23.5%
#4 of 68 in Packaging on the latest reported figures
Debt at 0.10× equity
lower than 73% of its 61 Packaging peers
Over 4 years it reported ₹81 Cr of profit and ₹112 Cr of operating cash — 1.39×
Profit is converting into cash
Pays out 27% of profit as dividend
Concerns
EPS grew slower than profit — the share count rose (bonus or dilution)

Charts

How has the market priced it — with filings on the timeline?

TPLPLASTEH · price

Loading chart…

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

Peers

How does it stack up on valuation, returns and growth?

Loading peers…

Financials

Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.

Loading financials…

Ownership

Who owns it — and is the promoter stake clean?

Loading shareholding…

Sign up to see the full company file

Governance, sustainability, compliance, earnings calls, presentations, events, reactions and the full filings feed — free with an account.

Common questions

Answered from TPL PLASTECH LIMITED's filed financials and exchange disclosures

What does TPL PLASTECH LIMITED do?

TPL PLASTECH LIMITED is a Industrial Products company listed on NSE and BSE, trading under the symbol TPLPLASTEH.

Is TPL PLASTECH LIMITED profitable?

Yes. Over the trailing twelve months TPL PLASTECH LIMITED reported a net profit of ₹30 Cr on revenue of ₹457 Cr.

Does TPL PLASTECH LIMITED pay a dividend?

Yes. The dividend yield is 1.58% at the current price. It paid out 27% of its profit as dividend in FY26.

Is TPL PLASTECH LIMITED debt-free?

No. It reported borrowings of ₹18 Cr on its 31 Mar 2026 balance sheet, or net debt of ₹18 Cr after cash. Debt stands at 0.10× equity. That is lower than 73% of its 61 Packaging peers.

Is TPL PLASTECH LIMITED expensive compared with its peers?

On trailing P/E, TPL PLASTECH LIMITED ranks 32 of 64 in Packaging — cheaper than 51% of them, against an industry median of 16.6×. This is a position, not a valuation judgement.

How much does the TPL PLASTECH LIMITED share price move in a day?

On a typical session TPL PLASTECH LIMITED moves 1.33% — that is the median absolute close-to-close move across its last 268 trading days. MarketPing measures each filing's price reaction against it.

Where can I track TPL PLASTECH LIMITED's announcements?

Every NSE and BSE filing by TPL PLASTECH LIMITED appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.

Figures are as last reported and may lag the latest filing. Not investment advice.