1. India Stocks

  2. •

    Consumer Cyclical

  3. •

    Packaging & Containers
TCPL Packaging Limited

TCPL Packaging Limited

TCPLPACK.NS
TCPL Packaging LimitedIN flagNational Stock Exchange of India
2,909.40
INR
-4.90
- -
26.42BMarket Cap
TCPL Packaging Limited
TCPLPACK.NS
(National Stock Exchange of India)

Recent

price

2,909.40

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
293.96
328.32
429.07
453.93
572.23
681.16
685.01
759.42
874.84
956.34
974.02
1,170.74
1,584.84
1,662.4
1,945.39
- -
1,966.17
Revenue per Share
7.69
8.93
15.52
14.37
37
44
37.32
22.58
31.82
40.13
36.78
52.03
122.05
109.22
157.16
- -
107.47
Basic EPS, GAAP
-2.05
-21.2
-9.32
12.63
10.16
-15.4
-33.45
19.56
-10.08
26.14
61.01
-101.52
10.33
96.77
-29.07
- -
- -
Free Cash Flow per Basic Share
1.71
1.7
2.32
3.1
2.92
7.22
8.85
6.07
3.7
5.25
4.16
7.35
10
20
22
- -
- -
Dividend per Share
10.72
12.5
13.33
13.29
31.57
65.07
82
95.41
121.21
154.36
187.14
229.56
341.57
431.5
565.64
- -
10
Book Value per Share
72.41
77.18
89.11
100.43
130.1
174.75
203.29
238.92
262.28
294.02
328.72
368.68
480.08
559.64
689.42
- -
769.21
Tangible Book Value per Share
8
9
9
9
9
9
9
9
9
9
9
9
9
9
9
- -
9
Basic Weighted Avg Shares
2,402
2,833
3,733
3,949
4,978
5,926
5,960
6,798
7,961
8,703
8,864
10,654
14,422
15,128
17,703
18,102
17,892
Sales/Revenue/Turnover
8.39
9.49
9.5
9.47
12.19
12.71
11.52
7.87
8.65
8.97
9.33
9.38
12.03
11.95
12.29
11.55
11.69
Operating Margin (%)
146
180
204
238
217
252
291
351
357
484
515
559
639
716
755
833
833
Depreciation Expense
63
77
135
125
322
383
325
202
290
365
335
473
1,111
994
1,430
978
978
Net Income, GAAP
35.11
32.38
33.61
36.63
25.21
30.69
29.77
25.43
30.54
13.64
29.3
30.83
27.14
26.15
17.66
30.81
30.81
Effective Tax Rate (%)
2.62
2.72
3.62
3.17
6.47
6.46
5.45
2.97
3.64
4.2
3.78
4.44
7.7
6.57
8.08
5.4
5.47
Profit Margin (%)
-47
-102
-150
-92
-141
-38
-137
84
-120
101
116
54
600
1,012
1,386
1,623
1,623
Working Capital
485
695
632
782
974
1,228
1,561
1,332
1,280
1,514
1,458
2,193
2,015
2,346
3,178
2,967
2,967
LT Debt
598
672
780
879
1,138
1,534
1,784
2,158
2,407
2,693
3,005
3,423
4,435
5,226
6,438
7,188
7,188
Total Equity
9.74
11.52
12.38
10.98
18.22
15.63
10.9
7.95
8.89
11.35
9.37
9.71
14.45
13.57
15.48
10.94
10.94
Return on Invested Capital (%)
14.6
7.39
10.49
15.87
26.18
21.57
13.83
9.93
11.15
13.98
11.44
12.01
19.25
16.15
18.52
16.88
16.88
Return on Capital (%)
69.72
78.83
120.64
107.98
164.96
91.07
50.75
25.8
29.59
29.13
21.54
24.97
42.74
28.26
31.52
37.34
37.34
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
3,761
- -
3,372
LT Borrowings
2,620
- -
2,439
LT Finance Leases
534
- -
529
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
9
- -
9
Market Capitalization
30,276
27,388
20,740

Working Capital

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
7,978
- -
7,927
Cash, Cash Equivalents & STI
154
- -
200
Accounts Receivable, Net
4,861
- -
4,600
Inventories
2,384
- -
2,429
Total Current Liabilities
6,868
- -
6,304
Payables & Accruals
- -
- -
- -
ST Debt
3,761
- -
3,372
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
16.84%
19.23%
11.65%
Free Cash Flow
-70.43%
-56.61%
-613.34%
Net Income, GAAP
18.59%
35.56%
-31.62%
Sales/Revenue/Turnover
12.26%
15.95%
2.26%
Total Cash Common Dividend
23.52%
51.81%
36.36%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
3,638
3,987
3,569
3,934
15,128
2025
3,986
4,555
4,723
4,224
17,703
2026
4,183
4,521
4,649
4,538
18,102

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
26.19
31.17
20.65
- -
109.22
2025
34.86
39.05
41.46
41.78
157.16
2026
24.52
31.56
27.52
23.87
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
20
2025
- -
- -
- -
- -
22
2026
- -
- -
- -
- -
- -
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Business
TCPL Packaging Limited operates as a prominent manufacturer and distributor of diverse packaging solutions across India and for international markets. The company specializes in a comprehensive range of paperboard-based offerings, including folding cartons, precise printed blanks and outers, litho-laminated products, specialty plastic cartons, and highly functional blister and shelf-ready packaging. Expanding its capabilities, TCPL also provides innovative flexible packaging, encompassing printed cork-tipping papers, various laminates, shrink sleeves, versatile pouches, and wrap-around labels. Serving a wide array of sectors, TCPL's clientele spans the tobacco, fast-moving consumer goods (FMCG), food and beverage, liquor, pharmaceuticals, consumer electronics, and agrochemical industries. With a strategic focus on sustainability, the company has made significant investments in renewable energy, installing rooftop solar panels across its manufacturing facilities and actively pursuing biodegradable alternatives to conventional plastics in food packaging and e-commerce. TCPL Packaging maintains a substantial national footprint with nine advanced manufacturing units and is headquartered in Mumbai, India. The organization, initially incorporated in 1987, continues its legacy as a leading converter of paperboard and an innovative force in the packaging sector.