TPL Plastech Limited

BSE: TPLPLASTEH526582ISIN INE413G01022

Industrials
Packaging

Share price

₹66.78+2.46 (+3.82%)

as of 4 Nov 2026

Prices adjusted for splits and bonuses; cash dividends excluded. Volume shows actual shares traded.

52W high: ₹89.80
52W low: ₹51.09
Off 52W high: -25.63%
1M return: -1.40%
3M return: -14.75%
6M return: -1.21%
1Y return: -5.25%
20D avg volume: 6,096
50 DMA: ₹68.06
200 DMA: ₹68.71

Key ratios Consolidated

Market cap: ₹520.90 Cr
Current price: ₹66.78
52W high / low: ₹89.80 / ₹51.09
Face value: ₹2.00
P/E: 17.29
P/B: 3.08
EPS (TTM): ₹3.86
Book value / share: ₹21.65
ROE: —
ROCE: 23.50%
Operating margin: —
Net margin: —
Debt / equity: 0.10
Net debt: ₹17.52 Cr
Interest cover: 8.24
Dividend yield: 1.95%
Dividend / share (TTM): ₹1.30
Payout: 33.68%
Cash conversion cycle: 67.8 days

Financials

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24
Income statement
	124.38	114.07	111.22	106.87	90.40	92.18	91.04	88.95	77.16	82.73
	0.02	0.06	0.02	0.02	0.02	0.02	0.02	0.02	0.01	0.47
	124.40	114.12	111.24	106.89	90.41	92.20	91.06	88.97	77.17	83.21
	115.87	104.00	100.53	97.73	83.10	83.66	82.65	81.82	71.15	75.51
	101.35	94.29	86.76	86.26	72.92	73.43	72.04	74.03	59.69	65.11
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—
	2.85	2.76	2.59	2.70	2.67	2.04	2.38	2.36	2.26	2.64
	1.22	1.24	1.29	1.31	1.31	1.46	1.22	1.18	1.18	1.32
	1.56	1.56	1.54	1.43	1.41	1.34	1.34	1.42	1.38	1.20
	6.74	6.62	6.08	6.44	5.74	5.98	5.47	5.41	5.12	5.25
	8.53	10.13	10.71	9.15	7.32	8.54	8.41	7.15	6.02	7.70
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	8.53	10.13	10.71	9.15	7.32	8.54	8.41	7.15	6.02	7.70
	2.01	2.07	2.02	2.30	1.84	1.72	1.48	1.79	1.54	1.64
	6.52	8.05	8.69	6.85	5.47	6.83	6.93	5.36	4.48	6.07
	0.84	1.03	1.11	0.88	0.70	0.88	0.89	0.69	0.57	0.78
Key metrics
	11.31	12.93	13.54	11.89	10.04	11.34	10.97	9.75	8.58	10.22
	9.10%	11.30%	12.20%	11.10%	11.10%	12.30%	12.00%	11.00%	11.10%	12.40%
	5.20%	7.10%	7.80%	6.40%	6.10%	7.40%	7.60%	6.00%	5.80%	7.30%
	—	6.30%	—	6.30%	—	6.10%	—	—	—	—
	37.60%	23.70%	22.20%	20.10%	17.20%	11.40%	—	—	—	—
	19.20%	17.90%	25.40%	27.80%	22.10%	12.50%	—	—	—	—

Metric	TTM	FY26	FY25	FY24
Income statement
	456.54	422.55	349.34	312.91
	0.12	0.11	0.07	0.49
	456.65	422.66	349.40	313.40
	418.13	385.36	319.28	287.92
	368.66	340.23	279.19	248.62
	0.00	0.00	0.00	—
	10.90	10.72	9.05	8.97
	5.06	5.15	5.04	5.44
	6.09	5.93	5.49	5.62
	25.88	24.88	21.99	19.94
	38.52	37.30	30.12	25.48
	0.00	0.00	0.00	0.00
	38.52	37.30	30.12	25.48
	8.40	8.23	6.53	5.63
	30.11	29.07	23.59	19.85
	3.86	3.73	3.02	2.54
Key metrics
	49.67	48.38	40.65	36.54
	10.88%	11.40%	11.60%	11.70%
	6.60%	6.90%	6.80%	6.30%
	—	23.50%	21.50%	—
	25.92%	21.00%	11.60%	—
	22.45%	23.20%	18.80%	—
	—	36.43	-8.02	—
	—	1.58	0.69	—
	—	0.10	0.30	—
	—	17.52	43.42	—
	—	67.8	88.2	—
Balance sheet
	—	256.02	245.35	—
	—	149.60	139.81	—
	—	0.11	0.14	—
	—	62.60	59.57	—
	—	68.27	61.93	—
	—	12.97	12.84	—
	—	89.78	92.76	—
	—	52.48	37.04	—
	—	75.46	81.88	—
	—	17.63	43.56	—
	—	16.26	38.69	—
	—	1.37	4.87	—
	—	168.90	147.60	—
Cash flow
	—	45.83	16.32	—
	—	-6.21	-22.45	—
	—	-39.64	6.12	—
	—	9.40	24.34	—

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24
Income statement
	124.38	114.07	111.22	106.87	90.40	92.18	91.04	88.95	77.16	82.73	82.66	78.42
	0.02	0.06	0.02	0.02	0.02	0.02	0.02	0.02	0.01	0.47	—	0.01
	124.40	114.12	111.24	106.89	90.41	92.20	91.06	88.97	77.17	83.21	82.66	78.42
	115.85	104.00	100.53	97.73	83.10	83.66	82.65	81.82	71.15	75.51	75.50	72.70
	101.35	94.29	86.76	86.26	72.92	73.43	72.04	74.03	59.69	65.11	63.31	61.33
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—	—
	2.85	2.76	2.59	2.70	2.67	2.04	2.39	2.36	2.26	2.64	2.22	2.12
	1.22	1.24	1.29	1.31	1.31	1.46	1.22	1.18	1.18	1.32	1.41	1.45
	1.56	1.56	1.54	1.43	1.41	1.34	1.34	1.42	1.38	1.20	1.36	1.57
	6.72	6.62	6.08	6.44	5.74	5.98	5.47	5.41	5.12	5.25	5.38	4.90
	8.55	10.13	10.71	9.15	7.32	8.54	8.41	7.15	6.02	7.70	7.16	5.72
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—	—
	8.55	10.13	10.71	9.15	7.32	8.54	8.41	7.15	6.02	7.70	7.16	5.72
	2.01	2.07	2.02	2.30	1.84	1.72	1.48	1.79	1.54	1.64	1.28	1.46
	6.54	8.06	8.69	6.85	5.47	6.83	6.93	5.36	4.48	6.07	5.88	4.26
	0.84	1.03	1.11	0.88	0.70	0.88	0.89	0.69	0.57	0.78	0.75	0.55
Key metrics
	11.33	12.93	13.54	11.89	10.04	11.34	10.97	9.75	8.58	10.22	9.93	8.74
	9.10%	11.30%	12.20%	11.10%	11.10%	12.30%	12.00%	11.00%	11.10%	12.40%	12.00%	11.10%
	5.30%	7.10%	7.80%	6.40%	6.10%	7.40%	7.60%	6.00%	5.80%	7.30%	7.10%	5.40%
	—	6.30%	—	6.30%	—	6.10%	—	—	—	—	—	—
	37.60%	23.70%	22.20%	20.10%	17.20%	11.40%	10.10%	13.40%	—	—	—	—
	19.60%	18.00%	25.40%	27.80%	22.10%	12.50%	17.90%	25.80%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	456.54	422.55	349.34	312.91	270.59	228.68
	0.12	0.11	0.07	0.49	1.25	0.06
	456.65	422.66	349.40	313.40	271.84	228.74
	418.11	385.36	319.28	287.92	251.37	210.96
	368.66	340.23	279.19	248.62	211.93	179.17
	0.00	0.00	0.00	—	—	—
	10.90	10.72	9.05	8.97	8.06	7.48
	5.06	5.15	5.04	5.44	4.98	4.51
	6.09	5.93	5.49	5.62	5.48	4.47
	25.86	24.88	21.98	19.94	17.70	15.50
	38.54	37.30	30.13	25.48	20.47	17.79
	0.00	0.00	0.00	—	—	—
	38.54	37.30	30.13	25.48	20.47	17.79
	8.40	8.23	6.53	5.63	4.44	4.49
	30.14	29.07	23.60	19.85	16.03	13.30
	3.86	3.73	3.03	2.54	2.06	8.53
Key metrics
	49.69	48.38	40.66	36.54	30.93	26.77
	10.88%	11.40%	11.60%	11.70%	11.40%	11.70%
	6.60%	6.90%	6.80%	6.30%	5.90%	5.80%
	—	23.50%	21.50%	—	—	—
	25.92%	21.00%	11.60%	15.60%	18.30%	—
	22.57%	23.20%	18.90%	23.80%	20.50%	—
	—	36.43	-8.02	—	—	—
	—	1.58	0.69	—	—	—
	—	0.10	0.30	—	—	—
	—	17.56	43.47	—	—	—
	—	67.8	88.2	—	—	—
Balance sheet
	—	256.02	245.36	—	—	—
	—	149.56	139.76	—	—	—
	—	0.07	0.09	—	—	—
	—	62.60	59.57	—	—	—
	—	68.27	61.93	—	—	—
	—	12.97	12.84	—	—	—
	—	89.78	92.76	—	—	—
	—	52.48	37.04	—	—	—
	—	75.46	81.88	—	—	—
	—	17.63	43.56	—	—	—
	—	16.26	38.69	—	—	—
	—	1.37	4.87	—	—	—
	—	168.90	147.61	—	—	—
Cash flow
	—	45.83	16.32	—	—	—
	—	-6.21	-22.45	—	—	—
	—	-39.64	6.12	—	—	—
	—	9.40	24.34	—	—	—

Compounded growth

Standalone

Sales CAGR 3Y: +16.02%
Sales CAGR 5Y: —
Profit CAGR 3Y: +21.95%
Profit CAGR 5Y: —
Sales YoY (TTM): +25.92%
Profit YoY (TTM): +22.57%

Consolidated

Sales CAGR 3Y: —
Sales CAGR 5Y: —
Profit CAGR 3Y: —
Profit CAGR 5Y: —
Sales YoY (TTM): +25.92%
Profit YoY (TTM): +22.45%

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Sep 2026

Promoter holding: 74.86%

Quarter	September 2026	June 2026
Promoter %	74.86%	74.86%

Holder	Type	Holding	Previous	Change
Time Technoplast Limited	Promoter	74.86%	74.86%	0.00%
Investor Education and Protection Fund Authority Ministry of Corporate Affairs	Public	3.48%	3.50%	-0.02%

Public shareholders are disclosed individually only above 1%.

Peer comparison

Company	Mkt cap (₹ Cr)	Price (₹)	P/E	ROCE	Sales YoY	Profit YoY	1Y return
EPL LIMITED	7,186	223.95	18.28	16.80%	+21.90% TTM	-4.65% TTM	+10.57%
AGI GREENPAC LIMITED	4,250	656.85	12.05	18.20%	+6.19% TTM	+0.21% TTM	-19.59%
Uflex Limited	4,198	581.30	6.15	8.00%	+10.36% TTM	+128.29% TTM	+8.24%
TCPL Packaging Limited	4,123	4,531.15	35.70	20.30%	+5.43% TTM	-13.56% TTM	+36.69%
JINDAL POLY FILMS LIMITED	3,059	698.60	-3.09	-17.10%	-58.49% TTM	-4,451.01% TTM	+24.89%
Polyplex Corporation Ltd.	2,883	918.30	10.61	1.00%	+9.55% TTM	+35.38% TTM	-2.79%
Xpro India Ltd.	2,588	1,102.75	74.18	3.40%	+12.17% TTM	+157.75% TTM	-0.55%
KNACK PACKAGING LIMITED	2,296	187.60	—	—	—	—	—
Mold-Tek Packaging Limited S	2,195	330.35	13.45	14.20%	+19.84% TTM	+20.42% TTM	-5.07%
Cosmo First Limited	2,094	797.55	9.57	10.80%	+41.30% TTM	+49.60% TTM	-9.65%
HUHTAMAKI INDIA LIMITED S	1,633	216.25	12.62	—	+11.70% TTM	+29.94% TTM	-12.47%
Arrow Greentech Limited	1,158	767.55	18.12	27.40%	+12.75% TTM	+18.91% TTM	+30.42%
Dhunseri Ventures Limited	949	270.95	4.96	-0.10%	-23.39% TTM	+32.93% TTM	-18.08%
Commercial Syn Bags Limited	937	232.20	32.80	18.20%	+12.22% TTM	+43.15% TTM	+50.78%
Ester Industries Ltd.	925	88.70	42.20	3.20%	+14.85% TTM	+470.83% TTM	-20.05%
Oricon Enterprises Ltd.	899	57.23	31.07	2.60%	-72.18% TTM	-79.84% TTM	-0.54%
Haldyn Glass Limited	708	131.75	23.89	11.90%	+18.93% TTM	+55.02% TTM	+37.35%
Hitech Corporation Limited	704	410.00	40.13	10.60%	+20.12% TTM	+79.08% TTM	+112.93%
Shree Rama Multi-tech Ltd. S	627	46.96	24.46	17.90%	+22.55% TTM	-54.52% TTM	-17.13%
Shri Jagdamba Polymers Ltd S	622	709.80	13.11	17.10%	-8.73% TTM	-7.89% TTM	-12.54%
SUBAM PAPERS LIMITED	617	224.50	—	5.30%	—	—	+52.20%
Kanpur Plastipack Limited	607	248.00	11.36	19.60%	+17.73% TTM	+117.32% TTM	+19.60%
Nahar Polyfilms Ltd.	583	237.10	6.91	10.50%	+7.93% TTM	+39.08% TTM	-24.60%
Pyramid Technoplast Limited S	545	148.10	17.38	12.90%	+19.00% TTM	+16.06% TTM	-8.01%
TPL Plastech Limited	521	66.78	17.29	23.50%	+25.92% TTM	+22.45% TTM	-5.25%

Filings & corporate actions

Recent announcements

Press Release dated November 04, 2026 for Unaudited Financial Results of the Company for the Quarter and Half Year ended 30th September, 2026.4 Nov 2026 · Company Update / Press Release / Media Release
Reconstitution of the Audit Committee, Nomination and Remuneration Committee, Stakeholders Relationship Committee and Corporate Social Responsibility Committee with effect from November 04, 2026.4 Nov 2026 · Company Update / General
Appointment of Mr. Mangesh Sarfare as a Chief Executive Officer for a period of two years with effect from December 01, 2026.4 Nov 2026 · Company Update / Change in Management
Considered and accepted the resignation of Mr. Mangesh Sarfare from the office of Non-Executive Director with effect from the close of business hours on November 04, 2026 consequent to ....4 Nov 2026 · Company Update / Resignation of Director
Resignation of Mr. Jayesh Ajitkumar Ashar from the position of Chief Executive Officer (CEO) of the Company with effect from the close of business hours on November 30, 2026.4 Nov 2026 · Company Update / Resignation of Chief Executive Officer (CEO)
Unaudited Financial Results for the Quarter and Half Year ended 30th September, 2026.4 Nov 2026 · Result / Financial Results
1. Considered and approved Unaudited Financial Results for the Quarter and Half Year ended 30th September, 2026 along with Limited Review Report. 2. Resignation of Mr. Jayesh Ajitkumar ....4 Nov 2026 · Board Meeting / Outcome of Board Meeting
TPL Plastech Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 04/11/2026 ,inter alia, to consider and approve Unaudited Financial Results (Standalone ....28 Oct 2026 · Board Meeting / Board Meeting
Certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended 30th September, 2026.12 Oct 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Trading window for dealing in securities of the Company shall remain closed with effect from October 01, 2026 till 48 hours after the declaration of Unaudited Financial Results of the company ....30 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
Scheme of amalgamation (merger by absorption) of TPL Plastech Limited with Time Technoplast Limited.29 Sep 2026 · Company Update / Scheme of Arrangement
We wish to inform you that the Audit Committee, the Committee of Independent Directors and the Board of Directors of TPL Plastech Limited at their meetings held today i.e. September 29, ....29 Sep 2026 · Board Meeting / Outcome of Board Meeting
TPL Plastech Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 29/09/2026 ,inter alia, to consider and approve Proposed Scheme including valuation ....24 Sep 2026 · Board Meeting / Board Meeting
Scrutinizer''s Report and Voting Result for the 33rd AGM of the company held on Tuesday, 22nd September, 202623 Sep 2026 · AGM/EGM / AGM
Summary of Proceedings of the 33rd Annual General Meeting of the Company held on Tuesday, 22nd September, 2026 at 12:00 Noon through Video Conferencing.22 Sep 2026 · AGM/EGM / AGM
Chairman Speech delivered at the 33rd Annual General Meeting of the Company held on Tuesday, 22nd September, 202622 Sep 2026 · Company Update / General
Fixes September 15, 2026 as the record date for determining the members eligible to receive the Final Dividend for the FY 2025-2026.4 Sep 2026 · Corp. Action / Record Date
Newspaper Intimation about dispatch of Annual Report, Notice of 33rd Annual General Meeting and other matters.31 Aug 2026 · Company Update / Newspaper Publication
Annual Report for the Financial Year 2025-202629 Aug 2026 · Others / Reg. 34 (1) Annual Report
Notice of the 33rd Annual General Meeting to be held on Tuesday, September 22, 2026 at 12:00 Noon through VC/OAVM.29 Aug 2026 · AGM/EGM / AGM
Newspaper Advertisement for the attention of the shareholders of the Company with respect to the 33rd Annual General Meeting to be held on September 22, 2026 at 12:00 Noon (IST) through VC/OAVM.28 Aug 2026 · Company Update / Newspaper Publication
In-principle approval for merger, subject to further approvals.26 Aug 2026 · Company Update / General
Accepted Resignation of CFO.26 Aug 2026 · Company Update / Resignation of Chief Financial Officer (CFO)
Appointment of CFO.26 Aug 2026 · Company Update / Change in Management
The Board of Directors of TPL Plastech Limited at its meeting held today i.e. on 26th August, 2026, inter-alia, transacted and approved the following businesses: 1. In-principle Approval ....26 Aug 2026 · Board Meeting / Outcome of Board Meeting
TPL Plastech Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 26/08/2026 ,inter alia, to consider and approve and discuss the proposal for merger ....21 Aug 2026 · Board Meeting / Board Meeting
The Company through its wholly owned subsidiary, has commenced operations for manufacturing of Intermediate Bulk Containers (IBCs) at Bhuj, Gujarat.20 Aug 2026 · Company Update / General
Newspaper Advertisement for Publication of Unaudited Financial Results (Consolidated & Standalone) for the Quarter ended June 30, 20266 Aug 2026 · Company Update / Newspaper Publication
Press Release dated 04th August, 2026 for Unaudited Financial Results for the Quarter ended 30th June, 2026.4 Aug 2026 · Company Update / Press Release / Media Release
Re-constituted the Audit Committee and the Nomination and Remuneration Committee with effect from 04th August, 2026.4 Aug 2026 · Company Update / General
Appointment of Mr. Pradip Kumar Das as an additional director, designated as a Non-Executive Independent Director of the Company, for a first term of 5 years.4 Aug 2026 · Company Update / Change in Directorate
Appointment of Mr. Pradip Kumar Das as an additional director, designated as a Non-Executive Independent Director of the company for a first term of 5 years.4 Aug 2026 · Company Update / Change in Management
The Unaudited (Standalone and Consolidated) Financial Results of the Company for the Quarter ended 30th June, 2026 and Limited Review Report thereon.4 Aug 2026 · Result / Financial Results
The Board of Directors of TPL Plastech Limited at its meeting held today i.e. on 04th August, 2026, approved the following businesses: 1. Unaudited Financial Results for Quarter ended ....4 Aug 2026 · Board Meeting / Outcome of Board Meeting
TPL Plastech Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 04/08/2026 ,inter alia, to consider and approve 1. Unaudited Standalone and Consolidated ....24 Jul 2026 · Board Meeting / Board Meeting
Certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended 30th June, 20268 Jul 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
The trading window for dealing in securities of the Company shall remain closed with effect from July 01, 2026 till 48 hours after the declaration of Unaudited Financial Results of the ....30 Jun 2026 · Insider Trading / SAST / Closure of Trading Window
Newspaper Advertisement for Publication of Audited Financial Results (Consolidated & Standalone) for the Quarter and Year ended March 31, 2026.28 May 2026 · Company Update / Newspaper Publication
Press Release dated May 26, 2026 for Audited Financial Results of the Company for the Quarter and Financial Year ended March 31, 202626 May 2026 · Company Update / Press Release / Media Release
The Board recommended final dividend of Rs. 1.30/- (65 percent) per equity share of Face Value of Rs. 2/- each for the financial year ended 31st March, 2026, subject to the approval of ....26 May 2026 · Corp. Action / Dividend

Corporate actions

Purpose	Ex date	Record date	Payment date
Final Dividend - Rs. - 1.3000	15 Sep 2026	15 Sep 2026	—
Final Dividend - Rs. - 1.0000	2 Sep 2025	2 Sep 2025	—
Final Dividend - Rs. - 0.8000	17 Sep 2024	—	—

Board meetings

4 Nov 2026 Board Meeting - Financial Results
4 Aug 2026 Board Meeting - Financial Results