TPL Plastech Ltd
- Market Cap ₹ 481 Cr.
- Current Price ₹ 61.2
- High / Low ₹ 96.9 / 58.0
- Stock P/E 18.4
- Book Value ₹ 19.5
- Dividend Yield 1.63 %
- 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|
| 180 | 193 | 226 | 216 | 170 | 271 | 313 | 349 | 380 | |
| 158 | 168 | 200 | 192 | 150 | 241 | 277 | 309 | 336 | |
| Operating Profit | 22 | 24 | 26 | 24 | 20 | 30 | 36 | 41 | 44 |
| OPM % | 12% | 13% | 11% | 11% | 12% | 11% | 12% | 12% | 12% |
| 0 | 0 | 0 | 1 | 1 | 1 | 0 | 0 | 0 | |
| Interest | 4 | 5 | 6 | 6 | 6 | 5 | 5 | 5 | 5 |
| Depreciation | 3 | 3 | 4 | 4 | 4 | 5 | 6 | 5 | 6 |
| Profit before tax | 15 | 16 | 16 | 15 | 11 | 20 | 25 | 30 | 33 |
| Tax % | 23% | 26% | 28% | 28% | 28% | 22% | 22% | 22% | |
| 11 | 12 | 11 | 11 | 8 | 16 | 20 | 24 | 26 | |
| EPS in Rs | 1.45 | 1.56 | 1.47 | 1.38 | 1.03 | 2.06 | 2.54 | 3.02 | 3.35 |
| Dividend Payout % | 21% | 22% | 24% | 25% | 34% | 29% | 31% | 33% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 10% |
| 3 Years: | % |
| TTM: | 15% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 17% |
| 3 Years: | % |
| TTM: | 20% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 12% |
| 5 Years: | 32% |
| 3 Years: | 21% |
| 1 Year: | -34% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 15% |
| Last Year: | 17% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 8 | 8 | 8 | 8 | 8 | 16 | 16 | 16 | 16 |
| Reserves | 54 | 63 | 71 | 79 | 84 | 100 | 115 | 132 | 137 |
| 37 | 56 | 58 | 39 | 29 | 44 | 31 | 46 | 22 | |
| 50 | 69 | 70 | 75 | 70 | 65 | 71 | 52 | 76 | |
| Total Liabilities | 148 | 196 | 208 | 200 | 190 | 224 | 232 | 245 | 250 |
| 51 | 71 | 67 | 66 | 58 | 56 | 84 | 93 | 94 | |
| CWIP | 6 | 4 | 7 | 7 | 7 | 24 | 1 | 3 | 6 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 |
| 91 | 121 | 133 | 127 | 124 | 144 | 147 | 149 | 149 | |
| Total Assets | 148 | 196 | 208 | 200 | 190 | 224 | 232 | 245 | 250 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|
| 3 | 10 | 10 | 32 | 21 | -2 | 29 | 16 | |
| -10 | -21 | -3 | -2 | -4 | -10 | -6 | -22 | |
| 6 | 12 | -7 | -28 | -19 | 12 | -24 | 6 | |
| Net Cash Flow | -0 | 1 | -0 | 1 | -2 | -0 | 0 | -0 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|
| Debtor Days | 88 | 91 | 86 | 78 | 93 | 73 | 64 | 62 |
| Inventory Days | 79 | 131 | 122 | 124 | 150 | 101 | 103 | 81 |
| Days Payable | 101 | 140 | 115 | 133 | 157 | 85 | 83 | 49 |
| Cash Conversion Cycle | 66 | 82 | 93 | 69 | 86 | 89 | 83 | 95 |
| Working Capital Days | 30 | 27 | 26 | 35 | 72 | 79 | 72 | 62 |
| ROCE % | 19% | 17% | 16% | 14% | 19% | 20% |
Documents
Announcements
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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.
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
9 Jan - TPL Plastech confirms dematerialisation under Regulation 74(5) for quarter ended 31 Dec 2025; MUFG Intime certificate.
- Closure of Trading Window 31 Dec 2025
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
14 Nov 2025 - Newspaper advertisement for Unaudited Financial Results (Consolidated and Standalone) for the Quarter and Half Year ended 30th September, 2025
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
12 Nov 2025 - Q2 FY26: Revenue ₹1,069mn, EBITDA ₹119mn, PAT ₹69mn; H1 revenue ₹1,973mn; 23% volume growth.
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