TPL Plastech Ltd
- Market Cap ₹ 502 Cr.
- Current Price ₹ 64.4
- High / Low ₹ 95.5 / 58.0
- Stock P/E 18.0
- Book Value ₹ 19.5
- Dividend Yield 1.55 %
- ROCE 19.8 %
- ROE 17.0 %
- Face Value ₹ 2.00
Pros
- Company has reduced debt.
- Company has been maintaining a healthy dividend payout of 31.2%
Cons
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Industrials Capital Goods Industrial Products Packaging
Part of BSE Allcap BSE Industrials
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 190 | 182 | 178 | 180 | 192 | 219 | 209 | 170 | 229 | 271 | 313 | 349 | 401 | |
| 172 | 164 | 157 | 158 | 168 | 194 | 185 | 150 | 202 | 241 | 277 | 309 | 354 | |
| Operating Profit | 17 | 18 | 21 | 22 | 24 | 25 | 24 | 20 | 27 | 30 | 36 | 41 | 47 |
| OPM % | 9% | 10% | 12% | 12% | 13% | 12% | 11% | 12% | 12% | 11% | 12% | 12% | 12% |
| 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | |
| Interest | 5 | 5 | 5 | 4 | 5 | 6 | 6 | 5 | 5 | 5 | 5 | 5 | 5 |
| Depreciation | 4 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 5 | 6 | 5 | 6 |
| Profit before tax | 9 | 10 | 14 | 15 | 17 | 16 | 15 | 11 | 18 | 20 | 25 | 30 | 36 |
| Tax % | 16% | 24% | 37% | 23% | 26% | 28% | 28% | 28% | 25% | 22% | 22% | 22% | |
| 7 | 8 | 9 | 11 | 12 | 11 | 11 | 8 | 13 | 16 | 20 | 24 | 28 | |
| EPS in Rs | 0.92 | 0.98 | 1.10 | 1.45 | 1.59 | 1.46 | 1.36 | 1.03 | 1.71 | 2.06 | 2.54 | 3.03 | 3.57 |
| Dividend Payout % | 22% | 20% | 23% | 21% | 22% | 24% | 26% | 34% | 23% | 29% | 31% | 33% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 7% |
| 5 Years: | 11% |
| 3 Years: | 15% |
| TTM: | 18% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 12% |
| 5 Years: | 17% |
| 3 Years: | 21% |
| TTM: | 22% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 15% |
| 5 Years: | 30% |
| 3 Years: | 27% |
| 1 Year: | -12% |
| Return on Equity | |
|---|---|
| 10 Years: | 15% |
| 5 Years: | 14% |
| 3 Years: | 16% |
| Last Year: | 17% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 16 | 16 | 16 | 16 | 16 |
| Reserves | 30 | 36 | 45 | 54 | 63 | 72 | 79 | 84 | 87 | 100 | 115 | 132 | 137 |
| 43 | 42 | 24 | 37 | 56 | 58 | 39 | 29 | 20 | 44 | 31 | 46 | 22 | |
| 40 | 37 | 54 | 50 | 65 | 64 | 68 | 70 | 84 | 65 | 71 | 52 | 76 | |
| Total Liabilities | 121 | 123 | 130 | 148 | 192 | 202 | 194 | 190 | 207 | 224 | 232 | 245 | 250 |
| 47 | 45 | 49 | 51 | 66 | 63 | 61 | 58 | 60 | 56 | 84 | 93 | 94 | |
| CWIP | 0 | 0 | 1 | 6 | 4 | 7 | 7 | 7 | 9 | 24 | 1 | 3 | 6 |
| Investments | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 1 |
| 74 | 78 | 80 | 91 | 121 | 132 | 124 | 124 | 138 | 144 | 147 | 149 | 149 | |
| Total Assets | 121 | 123 | 130 | 148 | 192 | 202 | 194 | 190 | 207 | 224 | 232 | 245 | 250 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 5 | 9 | 33 | 3 | 6 | 9 | 31 | 21 | 23 | -2 | 29 | 16 | |
| -1 | -1 | -8 | -10 | -17 | -3 | -3 | -4 | -4 | -10 | -6 | -22 | |
| -5 | -8 | -25 | 6 | 12 | -7 | -28 | -19 | -19 | 12 | -24 | 6 | |
| Net Cash Flow | -1 | 0 | 0 | -0 | 1 | -0 | 0 | -2 | -0 | -0 | 0 | 0 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 82 | 71 | 89 | 88 | 90 | 86 | 78 | 93 | 80 | 73 | 64 | 62 |
| Inventory Days | 45 | 64 | 57 | 79 | 129 | 121 | 124 | 150 | 116 | 101 | 103 | 81 |
| Days Payable | 69 | 65 | 106 | 101 | 132 | 107 | 123 | 157 | 143 | 85 | 83 | 49 |
| Cash Conversion Cycle | 59 | 69 | 40 | 66 | 87 | 100 | 79 | 86 | 53 | 89 | 83 | 95 |
| Working Capital Days | 6 | 16 | 10 | 30 | 36 | 34 | 44 | 72 | 69 | 79 | 72 | 62 |
| ROCE % | 18% | 19% | 23% | 22% | 19% | 17% | 15% | 13% | 18% | 17% | 19% | 20% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
13 Feb - Newspaper Advertisement for Publication of Unaudited Financial Results (Consolidated & Standalone) for the Quarter and Nine Months ended 31st December, 2025
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
11 Feb - Q3 FY26 revenue ₹1,112m; 9M ₹3,085m; Q3 PAT ₹87m; volumes +25%.
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Unaudited Financial Results (Consolidated & Standalone) For The Quarter And Nine Months Ended 31St December, 2025
11 Feb - Board approved unaudited consolidated & standalone Q3/9M results for Dec 31, 2025; limited review dated Feb 11, 2026.
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Board Meeting Outcome for Board Meeting Held On February 11, 2026
11 Feb - Q3 FY26 consolidated & standalone unaudited results: Q3 revenue Rs11,122.21 lakh; PAT Rs869.32 lakh; limited review dated Feb 11, 2026.
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Board Meeting Intimation for Consideration And Approval Of Unaudited Financial Results For The Quarter And Nine Months Ended December 31, 2025
28 Jan - Board meeting Feb 11, 2026 to approve Q3/9M results for Dec 31, 2025; trading window closed from Jan 1, 2026.
Annual reports
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Financial Year 2025
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Business Overview:[1]
TPLPL is a part of Time Technoplast Ltd, which holds 75% stake in the company. It manufactures HDPE drum containers with container capacity of 20-250 litre, primarily used in bulk packaging of speciality chemicals, paints and inks, pharmaceutical products, and fast-moving consumer goods. Company also manufactures small packaging products with container capacity of 30ml to 10 litre