TPL Plastech Ltd
- Market Cap ₹ 559 Cr.
- Current Price ₹ 71.7
- High / Low ₹ 95.5 / 50.0
- Stock P/E 20.1
- Book Value ₹ 19.5
- Dividend Yield 1.40 %
- 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.
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 | 401 | |
| 158 | 168 | 200 | 192 | 150 | 241 | 277 | 309 | 354 | |
| Operating Profit | 22 | 24 | 26 | 24 | 20 | 30 | 36 | 41 | 47 |
| 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 | 36 |
| Tax % | 23% | 26% | 28% | 28% | 28% | 22% | 22% | 22% | |
| 11 | 12 | 11 | 11 | 8 | 16 | 20 | 24 | 28 | |
| EPS in Rs | 1.45 | 1.56 | 1.47 | 1.38 | 1.03 | 2.06 | 2.54 | 3.02 | 3.57 |
| Dividend Payout % | 21% | 22% | 24% | 25% | 34% | 29% | 31% | 33% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 10% |
| 3 Years: | % |
| TTM: | 18% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 17% |
| 3 Years: | % |
| TTM: | 22% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 9% |
| 5 Years: | 31% |
| 3 Years: | 26% |
| 1 Year: | -18% |
| 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 |
| Free Cash Flow | -6 | -11 | 7 | 29 | 17 | -12 | 24 | -6 |
| CFO/OP | 30% | 54% | 52% | 146% | 111% | 14% | 98% | 57% |
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% |
Insights
In beta| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Capital Expenditure for Capacity/Automation INR Million ・Standalone data |
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| Number of Permanent Employees Employees ・Standalone data |
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| Number of Manufacturing Units Units ・Standalone data |
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| Installed Capacity MTPA |
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| Volume Growth % |
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| Production Volume MT |
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Extracted by Screener AI
Documents
Announcements
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
8 Apr - Regulation 74(5) depository confirmation certificate filed for quarter ended 31 March 2026.
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Closure of Trading Window
27 Mar - Trading window closed April 1, 2026 until 48 hours after audited results for quarter/year ended March 31, 2026.
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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.
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