| Revenue growth | FY26 growth of 3% YoY; Q4 growth over 9%. |
|---|---|
| Margins | Q4 EBITDA margin at 17.4%; impacted by RM cost lag. |
| Demand visibility | Stable domestic demand; export visibility clouded by Middle East crisis. |
| Management confidence | Optimistic on domestic demand and long-term export recovery post-geopolitical stabilization. |
Growth
Q4 FY26 revenue grew 9% YoY to INR 465 crore; FY26 EBITDA reached INR 318 crore.
Outlook
Capex guidance of ~INR 100 crore for FY27; focusing on flexible packaging expansion and Chennai facility ramp-up.
Risks
Red Sea disruptions impacting exports, elevated raw material costs, and seasonal demand volatility due to climate change.
Last quarter's promises, checked
Delivered
- Guided Chennai plant improvement → scale-up started with new customer additions (= BEAT)
- Guided Silvassa gravure cylinder commissioning → facility operational Q3FY26 (= BEAT)
- Guided domestic volume growth → delivered low double-digit growth (= BEAT)
Partly delivered
- Guided FY26 Capex ~INR 100cr → FY26 actual spend was INR 150cr (= PARTIAL)
Missed
- Guided export recovery → volumes remained subdued/declined (= MISS)
Earnings Call filed with BSE, NSE: TCPLPACK. Summary written with AI assistance from the document.
TCPL Packaging Ltd: key numbers
- Share price
- ₹4,007.90
- Market cap
- ₹3,647 Cr
- Revenue (annual)
- ₹1,810 Cr
- Net profit (annual)
- ₹97.80 Cr
- P/E (TTM)
- 31.6×Sector 40.4×
- Promoter holding
- 55.74%+0.00% QoQ
- FII holding
- 1.01%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from TCPL Packaging Ltd
All →TCPL Packaging Capital Structure Change
Clarus Capital I and other entities acquired 2,339 shares of TCPL Packaging Ltd. This purchase increased their aggregate holding from 4.98% to 5.01%.
TCPL Packaging Promoter Selling (Off-Market)
Promoter Saket Kanoria disposed of 1,000 equity shares of TCPL Packaging Limited through an off-market inter-se transfer. His individual stake decreased from 0.47% to 0.46%.
TCPL Packaging Promoter Buying (Off-Market)
Promoter group member Veer Kanoria acquired 1,000 shares (0.01% stake) via an off-market gift transaction from Saket Kanoria. This internal transfer reallocates promoter group equity.
- Promoter stake change
- +0.01%
TCPL Packaging Merger & Restructuring Worth ₹10 Cr
TCPL Packaging has incorporated a new wholly owned subsidiary, TCPL Energy Materials Limited, to manufacture lithium-ion battery separator films.
- Value
- ₹10.00 Cr
TCPL Packaging Employee Stock Options
TCPL Packaging Limited's ESOP Trust transferred 219 equity shares to an employee following the exercise of stock options. This routine transaction aligns with the company's employee incentive plan.
TCPL Packaging Earnings Call Transcript: Key Takeaways
TCPL Packaging delivered record Q1 FY27 results with 16% revenue growth, while announcing a strategic diversification into lithium-ion battery separator films.