TCPL Packaging

Why is TCPL Packaging Ltd. falling/rising?

As of 30-Aug, TCPL Packaging Ltd. is experiencing a decline in its stock price, currently at 3,791.05, reflecting a -1.2% change. Recent underperformance, reduced investor participation, and a drop in profits are contributing to this downturn despite strong long-term growth.

As of 30-Aug, TCPL Packaging Ltd. is experiencing a decline in its stock price, currently at 3,791.05, which reflects a change of -46.2 or -1.2%. The stock has been underperforming, having fallen consecutively for the last five days, resulting in a total decline of -7.68% over the past week. This performance is notably worse than the Sensex, which has only decreased by -0.36% during the same period.<BR><BR>Despite a positive performance over the longer term, with a year-to-date increase of +25.57% and a three-year growth of +105.45%, the recent trend indicates a downturn. The stock is currently trading below its 5-day moving averages, although it remains above the 20-day, 50-day, 100-day, and 200-day moving averages. This suggests that while the stock has had a strong historical performance, it is currently facing short-term pressures.<BR><BR>Additionally, there has been a decline in investor participation, as evidenced by a drop in delivery volume, which fell by -1.21% against the 5-day average. This reduced liquidity may contribute to the stock's downward movement. Furthermore, while the company has demonstrated high management efficiency and consistent returns over the past three years, its profits have decreased by -6.5% over the last year, which may be impacting investor sentiment negatively.<BR><BR>In summary, the combination of recent underperformance, declining investor participation, and falling profits are contributing to the current decline in TCPL Packaging Ltd.'s stock price.

Which are the latest news on TCPL Packaging?

Who are in the management team of TCPL Packaging?

The management team of TCPL Packaging includes Managing Director Saket Kanoria, Executive Chairman K K Kanoria, and Executive Directors S G Nanavati, Akshay Kanoria, and Vidur Kanoria, along with several independent directors and key personnel like Company Secretary Harish Anchan. This team is responsible for the company's governance and strategic direction.

The management team of TCPL Packaging includes the following key members:<BR><BR>1. **Saket Kanoria** - Managing Director<BR>2. **K K Kanoria** - Executive Chairman<BR>3. **S G Nanavati** - Executive Director<BR>4. **Akshay Kanoria** - Executive Director<BR>5. **Vidur Kanoria** - Executive Director<BR><BR>Additionally, the board features several independent directors, including:<BR><BR>1. **Atul Sud** - Independent Director<BR>2. **Sudhir Merchant** - Independent Director<BR>3. **Rabindra Jhunjhunwala** - Independent Director<BR>4. **Sunil Talati** - Independent Director<BR>5. **Deepa Misra Harris** - Independent Director<BR>6. **Andreas Blaschke** - Independent Director<BR><BR>There is also **Harish Anchan**, who serves as the Company Secretary and Compliance Officer, and **Sanjiv Anand**, who is an Additional Director. <BR><BR>This diverse team plays a crucial role in the governance and strategic direction of TCPL Packaging.

What does TCPL Packaging do?

TCPL Packaging Ltd. is a leading Indian manufacturer of folding cartons and paperboard, incorporated in 1987. As of June 2026, it reported net sales of ₹493 Cr and a net profit of ₹40 Cr, with a market cap of ₹3,877 Cr.

Overview: <BR>TCPL Packaging Ltd. is one of India's largest folding carton manufacturers and convertors of paperboard, operating in the packaging industry within the small-cap market.<BR><BR>History: <BR>TCPL Packaging Ltd. was incorporated in August 1987 and was formerly known as Twenty-First Century Printers Limited until its name change in September 2008. The latest quarterly results reported net sales and net profit for June 2026.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: 493 Cr (Quarterly Results - Jun 2026) <BR>Most recent Net Profit: 40 Cr (Quarterly Results - Jun 2026) <BR>Market-cap value: INR 3,877 Cr (Small Cap)<BR><BR>Key Metrics: <BR>P/E: 31.00 <BR>Industry P/E: 21 <BR>Dividend Yield: 0.56% <BR>Debt-Equity: 0.85 <BR>Return on Equity: 14.92% <BR>Price to Book: 5.60<BR><BR>Contact Details: <BR>Address: Empire Mills Complex, 414 S B Marg Lower Parel (W) Mumbai Maharashtra : 400013 <BR>Tel: 91-22-61646000 <BR>Email: info@tcpl.in <BR>Website: http://www.tcpl.in

Who are the peers of the TCPL Packaging?

TCPL Packaging's peers include EPL Ltd, AGI Greenpac, Polyplex Corpn, Uflex, Jindal Poly Film, XPRO India, Cosmo First, Mold-Tek Pack., and Huhtamaki India. TCPL Packaging has the highest 1-year return at 27.38%, while AGI Greenpac has the lowest at -21.92%.

Peers: The peers of TCPL Packaging are EPL Ltd, AGI Greenpac, Polyplex Corpn, Uflex, Jindal Poly Film, XPRO India, Cosmo First, Mold-Tek Pack., and Huhtamaki India.<BR><BR>Quality Snapshot: Excellent management risk is observed at EPL Ltd, Mold-Tek Pack., and TCPL Packaging, while Average management risk is found at AGI Greenpac, Uflex, Jindal Poly Film, XPRO India, Cosmo First, and Huhtamaki India, and the rest. Below Average management risk is noted at Polyplex Corpn. All peers exhibit Below Average growth, except for Mold-Tek Pack., which has Average growth. Capital Structure ratings show Excellent at Polyplex Corpn and XPRO India, Good at EPL Ltd and Huhtamaki India, Average at TCPL Packaging, Jindal Poly Film, and Cosmo First, and Below Average at Uflex.<BR><BR>Return Snapshot: The peer with the highest 1-year return is TCPL Packaging at 27.38%, while AGI Greenpac has the lowest at -21.92%. TCPL Packaging's return is significantly higher than AGI Greenpac's. Additionally, Uflex and AGI Greenpac have negative six-month returns.

How big is TCPL Packaging?

As of 14th August, TCPL Packaging Ltd. has a market capitalization of 3,826.00 Cr, with net sales of 1,878.50 Cr and a net profit of 115.49 Cr in the latest four quarters.

As of 14th August, TCPL Packaging Ltd. has a market capitalization of 3,826.00 Cr, categorizing it as a Small Cap company.<BR><BR>In the latest four quarters, TCPL Packaging reported net sales of 1,878.50 Cr and a net profit of 115.49 Cr.<BR><BR>The latest annual period for the balance sheet is March 2026, with shareholder's funds amounting to 718.79 Cr and total assets of 1,716.16 Cr.

Should I buy, sell or hold TCPL Packaging Ltd.?

When is the next results date for TCPL Packaging Ltd.?

The next results date for TCPL Packaging Ltd. is 11 August 2026.

The next results date for TCPL Packaging Ltd. is scheduled for 11 August 2026.

Are TCPL Packaging Ltd. latest results good or bad?

TCPL Packaging Ltd.'s latest results are concerning, showing a 42.87% year-on-year decline in net profit despite a 7.45% revenue growth. The significant drop in profitability and compressed margins indicate serious operational challenges that the company needs to address.

The latest results for TCPL Packaging Ltd. present a mixed picture, but overall, they indicate significant challenges. In Q4 FY26, the company reported a net profit of ₹21.72 crores, which is a sharp decline of 42.87% year-on-year. This decline is concerning, especially as it follows a trend of decreasing profitability, with a 13.26% drop from the previous quarter.<BR><BR>While the company did achieve a revenue growth of 7.45% year-on-year, it experienced a sequential decline of 3.69% in net sales compared to the previous quarter. The profit after tax margin also compressed significantly to 4.79%, down from 9.0% in the same quarter last year, primarily due to an extraordinary increase in the effective tax rate to 46.01%, up from just 3.70% a year earlier.<BR><BR>The overall financial performance suggests that while there is some revenue growth, the underlying profitability is under severe pressure, driven by high tax burdens and margin compression. Additionally, the company's operating profit margin has also decreased, reflecting rising cost pressures that they have struggled to pass on to customers.<BR><BR>In summary, the latest results can be characterized as bad, particularly due to the substantial drop in net profit and the concerning trends in profitability and margins. The company faces significant operational challenges that need to be addressed to improve its financial health moving forward.

Is TCPL Packaging technically bullish or bearish?

As of November 14, 2025, TCPL Packaging's technical trend has shifted to a bearish stance, supported by bearish MACD, Bollinger Bands, and moving averages, indicating a negative outlook despite some mixed signals from the KST.

As of 14 November 2025, the technical trend for TCPL Packaging has changed from mildly bearish to bearish. The current stance is bearish with a moderate strength. Key indicators driving this assessment include a bearish MACD on the weekly timeframe, bearish Bollinger Bands on both weekly and monthly timeframes, and bearish moving averages on the daily timeframe. Additionally, the Dow Theory indicates a mildly bearish trend on both weekly and monthly levels, while the KST shows mixed signals with a mildly bullish weekly reading but a mildly bearish monthly reading. Overall, the technical indicators suggest a negative outlook for TCPL Packaging.

How has been the historical performance of TCPL Packaging?

TCPL Packaging has shown consistent growth in net sales and profitability, with net sales increasing from INR 889.78 crore in March 2020 to INR 1,770.25 crore in March 2025, and profit after tax rising from INR 36.52 crore to INR 143.01 crore during the same period. The company's earnings per share also surged from INR 40.13 to INR 157.15, reflecting improved shareholder value.

Answer:<BR>The historical performance of TCPL Packaging shows a consistent growth trajectory in net sales and profitability over the years.<BR><BR>Breakdown:<BR>TCPL Packaging's net sales have increased significantly from INR 889.78 crore in March 2020 to INR 1,770.25 crore in March 2025, reflecting a robust growth trend. The total operating income followed a similar pattern, rising from INR 889.78 crore in March 2020 to INR 1,770.25 crore in March 2025. The company's operating profit (PBDIT) also demonstrated strong growth, climbing from INR 128.09 crore in March 2020 to INR 307.42 crore in March 2025. Profit before tax increased from INR 42.29 crore in March 2020 to INR 173.68 crore in March 2025, while profit after tax rose from INR 36.52 crore to INR 143.01 crore during the same period. The earnings per share (EPS) surged from INR 40.13 in March 2020 to INR 157.15 in March 2025, indicating improved shareholder value. On the balance sheet, total assets grew from INR 838.20 crore in March 2021 to INR 1,611.78 crore in March 2025, with total liabilities also increasing from INR 763.80 crore to INR 1,611.78 crore. The cash flow from operating activities showed fluctuations, peaking at INR 233 crore in March 2024 before declining to INR 132 crore in March 2025. Overall, TCPL Packaging has exhibited strong financial performance with significant growth in sales, profits, and assets over the years.

Is TCPL Packaging overvalued or undervalued?

As of August 11, 2025, TCPL Packaging is fairly valued with a PE ratio of 23.50, an EV to EBITDA of 12.90, and a ROE of 22.21%, outperforming the Sensex with an 11.97% return over the past year.

As of 11 August 2025, TCPL Packaging's valuation grade has moved from expensive to fair, indicating a more favorable assessment of its market position. The company is currently fairly valued. Key ratios include a PE ratio of 23.50, an EV to EBITDA of 12.90, and a ROE of 22.21%. <BR><BR>In comparison with peers, TCPL Packaging's PE ratio is higher than Garware Hi Tech's 20.29 but lower than AGI Greenpac's 17.05, which is rated very attractive. Additionally, its PEG ratio of 0.99 suggests that the stock is reasonably priced relative to its growth expectations. Notably, TCPL Packaging has outperformed the Sensex over the past year with a return of 11.97% compared to the Sensex's 1.13%, reinforcing its valuation story.

Who are the top shareholders of the TCPL Packaging?

The top shareholders of TCPL Packaging include Accuraform Private Limited with 21.32%, individual investors with 25.29%, and mutual funds holding 7.47%. Notably, Anil Kumar Goel is a significant public shareholder with 7.69%, and there are no pledged promoter holdings.

The top shareholders of TCPL Packaging include a mix of promoters, mutual funds, and individual investors. The majority shareholders are the promoters, with Accuraform Private Limited holding the highest stake at 21.32%. In addition, individual investors collectively own 25.29% of the shares. Mutual funds have a presence as well, with three schemes holding a total of 7.47%. Among public shareholders, Anil Kumar Goel stands out with a holding of 7.69%. Overall, the company has a diverse shareholder base, with no pledged promoter holdings reported.

Has TCPL Packaging declared dividend?

Yes, TCPL Packaging Ltd. has declared a 220% dividend, amounting to ₹22 per share, with an ex-date of July 23, 2024. The company has demonstrated strong total returns across various periods, reflecting robust financial performance.

TCPL Packaging Ltd. has declared a 220% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 220%<BR>- Amount per share: 22<BR>- Ex-date: 23 Jul 24<BR><BR>Dividend Yield: 0.58%.<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was 15.68%, with no dividend return, resulting in a total return of 15.68%.<BR><BR>Over the past year, the price return was 78.91%, with a dividend return of 1.04%, leading to a total return of 79.95%.<BR><BR>In the 2-year period, the price return reached 150.38%, with a dividend return of 2.88%, culminating in a total return of 153.26%.<BR><BR>For the 3-year period, the price return was 320.89%, alongside a dividend return of 6.50%, which resulted in a total return of 327.39%.<BR><BR>In the last 4 years, the price return was 676.9%, with a dividend return of 12.23%, leading to a total return of 689.13%.<BR><BR>Over the past 5 years, the price return soared to 1424.19%, with a dividend return of 24.28%, resulting in an impressive total return of 1448.47%.<BR><BR>Overall, TCPL Packaging Ltd. has declared a significant dividend and has shown strong total returns across all periods, indicating robust financial performance and shareholder value enhancement.