TPI India

What does TPI India do?

TPI India Ltd specializes in polymer-based packaging products and operates in the micro-cap segment of the packaging industry. As of March 2025, it reported net sales of 8 Cr and a market cap of Rs 69 Cr.

Overview: <BR>TPI India Ltd is engaged in the business of polymer-based packaging products and operates within the micro-cap segment of the packaging industry.<BR><BR>History: <BR>TPI India Limited was incorporated in April 1982 as Tarapur Packaging Industries Pvt Ltd, later becoming a public company and changing its name to TPI India Limited in October 1990. The most recent quarterly results reported net sales and net profit for the period ending March 2025.<BR><BR>Financial Snapshot: <BR>Net Sales: 8 Cr (Quarterly Results - Mar 2025) <BR>Net Profit: 0 Cr (Quarterly Results - Mar 2025) <BR>Market Cap: Rs 69 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 74.00 <BR>Industry P/E: 21 <BR>Dividend Yield: 0.00% <BR>Debt Equity: -1.17 <BR>Return on Equity: -2.46% <BR>Price to Book: -5.07<BR><BR>Contact Details: <BR>Address: J-61 Additional MIDC Area, Murbad Thane Maharashtra : 421401 <BR>Tel: 91-022-22873078/22843293 <BR>Email: ir@tpiindia.in <BR>Website: http://www.plexconcil.org/tpi

Has TPI India declared dividend?

No Dividend History Available

Who are the peers of the TPI India?

TPI India's peers include EPL Ltd, AGI Greenpac, Uflex, Polyplex Corpn, TCPL Packaging, Innovative Tech, Rollatainers, Jumbo Bag, and Mega Flex Plast. Polyplex Corpn leads in 1-year returns at 66.57%, while TPI India has a return of -9.74%.

Peers: The peers of TPI India are EPL Ltd, AGI Greenpac, Uflex, Polyplex Corpn, TCPL Packaging, Innovative Tech, Rollatainers, Jumbo Bag, Mega Flex Plast.<BR><BR>Quality Snapshot: Excellent management risk is observed at EPL Ltd and D.K. Enterprises, while Good management risk is found at TCPL Packaging. Average management risk is present at AGI Greenpac, Uflex, and Polyplex Corpn, while Below Average management risk is noted at Innovative Tech, Rollatainers, Jumbo Bag, and Mega Flex Plast. For Growth, Good growth is seen at TCPL Packaging, while Average growth is found at AGI Greenpac, and Below Average growth is observed at EPL Ltd, Uflex, Polyplex Corpn, Innovative Tech, Rollatainers, and Jumbo Bag. Capital Structure ratings show Excellent at Polyplex Corpn, Good at EPL Ltd and Mega Flex Plast, Average at AGI Greenpac and TCPL Packaging, and Below Average at Uflex, Innovative Tech, Rollatainers, and Jumbo Bag.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Polyplex Corpn at 66.57%, while the lowest is Rollatainers at -52.03%. TPI India's own 1-year return is -9.74%, which is higher than Rollatainers but lower than all other peers. Additionally, the six-month return is negative for EPL Ltd, AGI Greenpac, Uflex, Innovative Tech, Rollatainers, and Jumbo Bag.

Is TPI India overvalued or undervalued?

As of February 26, 2024, TPI India is considered overvalued and risky due to its high PE ratio of 72.99 and poor stock performance, lagging behind the Sensex, with a year-to-date return of -16.25%.

As of 26 February 2024, TPI India's valuation grade has moved from does not qualify to risky, indicating a significant shift in its perceived investment quality. The company appears to be overvalued based on its high PE ratio of 72.99, an EV to EBIT of 53.97, and an EV to EBITDA of 39.02, which are substantially higher than its peers. For instance, Garware Hi Tech has a PE ratio of 31.43 and an EV to EBITDA of 22.16, while AGI Greenpac stands at a much lower PE of 17.02 and an EV to EBITDA of 9.19, highlighting TPI India's relative overvaluation.<BR><BR>Additionally, TPI India's negative price-to-book value and a PEG ratio of 0.59 further reinforce the notion of overvaluation, especially when compared to peers like Uflex, which has a PEG of 0.16. The company's recent stock performance has also lagged behind the Sensex, with a year-to-date return of -16.25% compared to the Sensex's 5.65%, suggesting that investor sentiment may be cautious. Overall, TPI India is currently overvalued in the packaging industry.

What is the technical trend for TPI India?

As of June 5, 2025, TPI India's technical trend is sideways with mixed signals; the weekly MACD is mildly bullish, the monthly MACD is mildly bearish, and daily moving averages are also mildly bearish, indicating uncertainty and a lack of clear direction.

As of 5 June 2025, the technical trend for TPI India has changed from mildly bearish to sideways. The current stance is neutral with a mixed strength. The weekly MACD indicates a mildly bullish sentiment, while the monthly MACD is mildly bearish, suggesting conflicting signals. The daily moving averages are mildly bearish, which adds to the uncertainty. The Bollinger Bands show a sideways trend on the weekly chart, while the monthly chart is bullish, indicating potential for upward movement but lacking immediate momentum. The Dow Theory reflects a mildly bullish outlook on the weekly timeframe, but no trend on the monthly. Overall, the indicators suggest a lack of clear direction, reinforcing the sideways trend.

Who are in the management team of TPI India?

As of March 2018, the management team of TPI India includes Bharat C Parekh (Managing Director), Akshay Bhatt, Darshana B Parekh (Non Executive Directors), and independent directors Ravindra Shukla and Ishan D Selarkar.

As of March 2018, the management team of TPI India includes the following individuals:<BR><BR>1. Bharat C Parekh - Managing Director<BR>2. Akshay Bhatt - Non Executive Director<BR>3. Ravindra Shukla - Non Executive Independent Director<BR>4. Ishan D Selarkar - Non Executive Independent Director<BR>5. Darshana B Parekh - Non Executive Director<BR><BR>These members play various roles within the company's governance structure.

Who are the top shareholders of the TPI India?

The top shareholder of TPI India is Bharat Chimanlal Parekh, holding 64.74%, with no pledged promoter holdings. Public shareholders include Sunrise Gilts & Securities at 3.3% and individual investors at 16.34%, while mutual funds and foreign institutional investors have minimal holdings.

The top shareholders of TPI India include the promoters, with Bharat Chimanlal Parekh holding the largest share at 64.74%. There are no pledged promoter holdings. In terms of public shareholders, Sunrise Gilts & Securities Private Limited is the highest, holding 3.3%. Additionally, individual investors collectively hold 16.34% of the shares. Mutual funds and foreign institutional investors currently do not have significant holdings in the company.

How big is TPI India?

As of 24th July, TPI India Ltd has a market capitalization of 68.00 Cr, with recent net sales of 30.75 Cr and a net profit of 0.45 Cr. The balance sheet for March 2024 shows shareholder's funds at a loss of 14.55 Cr and total assets valued at 8.89 Cr.

As of 24th July, TPI India Ltd has a market capitalization of 68.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, TPI India reported Net Sales of 30.75 Cr and a Net Profit of 0.45 Cr.<BR><BR>The latest annual period for the balance sheet is March 2024, showing Shareholder's Funds at a loss of 14.55 Cr and Total Assets valued at 8.89 Cr.

How has been the historical performance of TPI India?

TPI India has shown consistent growth in net sales, increasing from 18.33 crore in March 2021 to 30.18 crore in March 2025, alongside improved operating profit, despite ongoing challenges with profitability and negative cash flow in recent years. Total liabilities and assets have both risen, reflecting the company's gradual operational efficiency improvements.

Answer:<BR>The historical performance of TPI India shows a gradual improvement in net sales and operating profit over the years, with a notable increase in recent periods.<BR><BR>Breakdown:<BR>TPI India's net sales have shown a consistent upward trend, rising from 18.33 crore in March 2021 to 30.18 crore in March 2025. This growth is accompanied by a significant reduction in total expenditure, which decreased from 29.89 crore in March 2019 to 27.86 crore in March 2025. The operating profit (PBDIT) has also improved, moving from a loss of 1.50 crore in March 2020 to a profit of 2.34 crore in March 2025. Despite these gains, the company has faced challenges with profitability, as evidenced by fluctuating profit before tax figures, which were negative in earlier years but reached 0.35 crore in March 2025. The profit after tax has similarly fluctuated, with a loss of 2.76 crore in March 2020 turning into a profit of 0.35 crore in March 2025. On the balance sheet, TPI India has seen its total liabilities increase from 8.00 crore in March 2020 to 9.33 crore in March 2025, while total assets have also risen from 8.00 crore to 9.33 crore in the same period. Cash flow from operating activities has been negative in recent years, but the company has managed to maintain a stable cash position with no cash inflow or outflow reported in the latest periods. Overall, TPI India has made strides in improving its sales and operational efficiency, although it continues to navigate challenges related to profitability and cash flow management.

When is the next results date for TPI India Ltd?

The next results date for TPI India Ltd is 06 February 2026.

The next results date for TPI India Ltd is scheduled for 06 February 2026.

Are TPI India Ltd latest results good or bad?

TPI India Ltd's latest results show strong quarterly profit growth and improved operating margins, but significant concerns remain due to a negative book value, shareholder funds deficit, and high valuation multiples, indicating caution for potential investors. Overall, the outlook appears speculative rather than solid.

TPI India Ltd's latest results present a mixed picture. On one hand, the company has shown impressive quarterly profit growth, with a net profit of ₹0.51 crores in Q3 FY26, representing a 200% increase year-on-year and a 131.82% increase quarter-on-quarter. Additionally, the operating profit margin improved to 11.08%, the highest in seven quarters, indicating better operational efficiency.<BR><BR>However, there are significant concerns that overshadow these positive developments. The company operates with a negative book value of ₹-3.30 per share and has a shareholder funds deficit of ₹14.19 crores, reflecting years of accumulated losses and a weak capital structure. This negative net worth raises serious questions about the company's financial health and sustainability.<BR><BR>Moreover, TPI India has negligible institutional ownership at 0.02% and has not paid dividends, which could indicate a lack of confidence from professional investors. The stock trades at an extremely high price-to-earnings ratio of 158.15, suggesting that the market may be pricing in overly optimistic growth expectations that may not be justified given the company's financial challenges.<BR><BR>In summary, while the quarterly profit growth and margin expansion are positive signs, the underlying balance sheet issues and high valuation multiples suggest caution for potential investors. The overall assessment leans towards a speculative turnaround rather than a solid investment opportunity.

Why is TPI India Ltd falling/rising?

As of 16-Mar, TPI India Ltd's stock price is at 16.50, down 2.42%, with a recent trend of consecutive declines and underperformance compared to the Sensex. Despite a year-to-date increase of 7.00%, the stock has seen significant recent losses, indicating a bearish trend and reduced investor interest.

As of 16-Mar, TPI India Ltd's stock price is falling, currently at 16.50, reflecting a decrease of 0.41 or 2.42%. The stock has underperformed its sector by 2.88% today and has experienced consecutive declines over the last two days, resulting in a total drop of 4.35% during this period. Additionally, the stock's performance over the past week shows a decline of 2.94%, which is worse than the Sensex's decline of 2.66%. <BR><BR>Over the past month, TPI India Ltd has fallen by 13.88%, significantly more than the Sensex's 9.34% drop. Although the stock has shown a year-to-date increase of 7.00%, this is contrasted by a 1-month decline, indicating recent negative momentum. The stock's moving averages indicate that it is currently lower than the 5-day, 20-day, 50-day, and 200-day moving averages, suggesting a bearish trend. Furthermore, there has been a notable decrease in investor participation, with delivery volume dropping by 45.48% compared to the 5-day average, which may reflect reduced interest from investors. Overall, these factors contribute to the stock's current downward trajectory.

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