TPL Plastech
- Market cap
- ₹ 487 Cr.
- P/E
- 16.1x
- P/B
- 2.99x
- 52-week range
- 50.01 – 90.33
- ROE
- 18%
- ROCE
- 22%
- Dividend yield
- 2%
- Debt / equity
- 0.12
- Sector
- Industrial Products
- Industry
- Packaging
- Listed on
- NSE, BSE
About
TPL Plastech Limited is an India-based company, which is involved in the manufacturing of polymer products. The Company's operations fall under a single segment, namely Industrial Packaging. The Company’s product portfolio consists of Narrow Mouth Drums, Narrow Mouth and Wide Mouth Carboys, Open Top Drums-Bulk and Medium, QuBC and COBO IBC, and Small Packs. Narrow Mouth Drums range from 210 liters to 250-liter capacity. Narrow mouth, wide mouth and open top drums range from 25-liters to 250-liter capacity. Open Top Drums-Bulk and Medium ranging from 35 liters to 235 liters is designed to pack viscous and powder having both metal/plastic ring provisions as per requirement. Its Small HDPE Packaging products range starts from 30 millimeters to 10 liters, using extrusion blow molding (EBM), injection blow molding (IBM) and injection molding (IM) technologies.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Packaging: 96 companies →TPL Plastech against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)16.1 against a typical 18.3: cheaper than most peers (1st = cheapest).40th of 95
- Sales growth+37.6% against a typical +22.9% from a year earlier.22nd of 74
- Profit growth+19.6% against a typical +25.3% from a year earlier.38th of 68
- Share price, 3 months−20.3% against a typical −1.8%.73rd of 87
- Size₹ 487.2 Cr. market value against a typical ₹ 116.3 Cr. (1st = largest).24th of 88
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
Adequate safety
Rated A+ by CRISIL- No warnings from the agency.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| CRISIL | Crisil A+/Watch Positive | Watch: Positive | 2 Sep 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 2 Sep 2026 | Reaffirmed | Crisil A+ → Crisil A+/Watch Positive | — | CRISIL | ₹ 117.7 Cr. | |
| 28 Jul 2026 | Reaffirmed | Crisil A+ | — | CRISIL | ₹ 117.7 Cr. | |
| 17 Oct 2025 | Reaffirmed | Crisil A+ | — | CRISIL | ₹ 117.7 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 29 Sep 2026 | Other business matters | Approval of the Proposed Scheme including valuation report and fairness opinion for Merger of TPL Plastech Limited with Time Technoplast Limited |
| 26 Aug 2026 | Other business matters | To consider and approve and discuss the proposal for merger of the Company (Transferor Company, i.e. TPL), into Time Technoplast Limited (Transferee Company, listed with BSE Limited & NSE), the holding company which holds a 74.86% stake in TPL, subject to obtaining all necessary statutory and regulatory approvals. |
| 4 Aug 2026 | Financial Results/Other business matters | To consider and approve the financial results for the period ended Jun 30, 2026 and other business matters |
| 26 May 2026 | Financial Results/Dividend | To consider and approve the financial results for the period ended March 31, 2026 and dividend |
| 11 Feb 2026 | Financial Results | To consider and approve the financial results for the period ended December 31, 2025 |
| 12 Nov 2025 | Financial Results | To consider and approve the financial results for the period ended September 30, 2025 |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 78 | 83 | 83 | 77 | 89 | 91 | 92 | 90 | 107 | 111 | 114 | 124 |
| Expenses | 70 | 73 | 73 | 69 | 79 | 80 | 81 | 80 | 95 | 98 | 101 | 113 |
| Operating Profit | 9 | 10 | 10 | 9 | 10 | 11 | 11 | 10 | 12 | 14 | 13 | 11 |
| OPM % | 11.1% | 12% | 11.8% | 11.1% | 10.9% | 12% | 12.3% | 11.1% | 11.1% | 12.2% | 11.3% | 9.1% |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Depreciation | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 2 |
| Profit before tax | 6 | 7 | 8 | 6 | 7 | 8 | 9 | 7 | 9 | 11 | 10 | 9 |
| Tax % | 25.5% | 17.9% | 21.1% | 25.6% | 25% | 17.6% | 20.1% | 25.2% | 25.1% | 18.9% | 20.4% | 23.5% |
| Net Profit | 4 | 6 | 6 | 4 | 5 | 7 | 7 | 5 | 7 | 9 | 8 | 7 |
| EPS in Rs | 0.55 | 0.75 | 0.78 | 0.57 | 0.69 | 0.89 | 0.88 | 0.7 | 0.88 | 1.11 | 1.03 | 0.84 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 9%
- 5 Years
- 20%
- 3 Years
- 16%
- TTM
- 26%
- 10 Years
- 13%
- 5 Years
- 29%
- 3 Years
- 24%
- TTM
- 23%
- 10 Years
- 6%
- 5 Years
- 22%
- 3 Years
- 26%
- TTM
- —
- 10 Years
- 15%
- 5 Years
- 16%
- 3 Years
- 17%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| TPL Plastech | ₹ 63.01 | ₹ 487 Cr. | 16.1x | 3x | 18% | — |
| Gujarat Fluorochemicals | ₹ 4,241.25 | ₹ 47,986 Cr. | 77.4x | 5.8x | 7.7% | 11.5% |
| DCM Shriram | ₹ 962.10 | ₹ 14,996 Cr. | 5.6x | 2.1x | 11.6% | 6% |
| Supreme Petrochem | ₹ 710.10 | ₹ 13,338 Cr. | 38.7x | 5.5x | 14.3% | 6.1% |
| Shaily Engineering Plastics | ₹ 2,953.20 | ₹ 13,594 Cr. | 75x | 17.7x | 26.9% | 17.2% |
| Styrenix Performance Materials | ₹ 1,944.00 | ₹ 3,417 Cr. | 21.2x | 2.9x | 14.7% | 5.4% |
Management
- Jayesh Ashar
- Chief Executive Officer
- Pawan Agarwal
- Chief Financial Officer
- Rahul Sharma
- Chief Operating Officer
- Hemant Soni
- Vice President - Legal and Company Secretary & Compliance Officer
Prices are delayed and for information only. Nothing on this page is investment advice.