TCPL Packaging Limited
₹4,403.95+₹0.60 (0.0%)
Last close · Data as of Oct 30, 2026
- Market cap
- ₹2,575 Cr
- P/E
- 20.7x
- EV / EBITDA
- 11.3x
- Revenue
- ₹1,696 Cr
- Net margin
- 6.8%
- ROCE
- 24.6%
Price chart
Technical chartScreen technicals →+31.4% over the last year
Daily closes.
Go deeper
Technical chart: candles, 9 moving averages, RSI, MACD and drawing tools
Performance
Price change over each period, before dividends.
- 1M
- +7.4%
- 3M
- +38.9%
- 6M
- +64.2%
- 1Y
- +31.4%
- 5Y
- +709.7%
52-week range
Day change +₹0.60 (0.0%) from ₹4,403 to ₹4,404 · Last close Oct 30, 2026
Best weekday to invest, historically
The same weekly amount in TCPLPACK, bought on each weekday since 2021.
AI Summary
Indian StockStrengths1
- Strong 5-year net profit CAGR of 22.5%
Concerns1
- Negative free cash flow (₹17 Cr)
Rule-based from financial data. Not advice.
About the company
TCPL Packaging Limited manufactures and sells paperboard-based packaging materials and flexible packaging products in India.
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TCPL Packaging Limited manufactures and sells paperboard-based packaging materials and flexible packaging products in India. It offers folding cartons, printed blanks and outers, litho-laminated cartons, blister packs, plastic cartons, and shelf-ready packaging products; food and pharma packaging products; flexible packaging products, such as laminates, shrink sleeves, wrap-around labels, pouches, and printed cork-tipping papers; and rigid box and specialty gift packaging products. The company also exports its products. It serves tobacco, FMCG, food and beverage, liquor, and pharmaceutical industries. The company was formerly known as Twenty First Century Printers Ltd and changed its name to TCPL Packaging Limited in September 2008. The company was incorporated in 1987 and is headquartered in Mumbai, India.
- Sector
- Industrials
- Shares outstanding
- 90.9 L shares
- ISIN
- INE822C01015
- BSE code
- 523301
Key statistics
Screen fundamentals →Valuation, profitability, growth and solvency at the latest close; hover a label for its meaning.
Valuation
- Market cap
- ₹2,575 Cr
- P/E
- 20.7x
- P/B
- 3.8x
- EV / EBITDA
- 11.3x
- EV / Sales
- 2.0x
- P/S
- 1.7x
- Earnings yield
- 4.8%
- 52-week high
- ₹4,484.50
- 52-week low
- ₹2,218.05
Profitability
- Operating margin
- 16.7%
- Net margin
- 6.8%
- EBITDA margin
- 17.4%
- ROE
- 19.2%
- ROCE
- 24.6%
- ROA
- 7.8%
- Dividend payout
- 20.0%
- Tax rate
- 26.0%
- Other income, % of PBT
- 8.0%
Growth
- RevenueLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹1,696 Cr
- Revenue growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 13.7%
- Revenue CAGR, 5YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 10.9%
- EBITDALatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹260 Cr
- EBITDA growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- -1.1%
- Net profit growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 38.2%
- Net profit CAGR, 5YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 22.5%
- Cash from operationsLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹236 Cr
- CFO growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 98.3%
- Free cash flowLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹2.00 Cr
- Asset growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 12.2%
Solvency and efficiency
- Current ratio
- 2.26
- Debt / Equity
- 0.91
- Debt / Assets
- 0.37
- Debt / EBITDA
- 1.86
- Interest coverage
- 4.61
- Financial leverage
- 2.46
- CFO / Net profit
- 2.31
- Cash / Market cap
- 23.6%
- Cash per share
- ₹667.58
- Asset turnover
- 1.14
- Fixed asset turnover
- 2.32
- Capital intensity
- 0.43
- Debtor days
- 84 days
- Inventory turnover
- 4.35
- Cash conversion cycle
- 93 days
Where the revenue went
Of every ₹100 of FY2025 revenue, ₹8 was left as net profit.
| From | To | Amount |
|---|---|---|
| Sales | Expenses | ₹1,409 Cr |
| Sales | Operating profit | ₹287 Cr |
| Operating profit | Interest | ₹56 Cr |
| Operating profit | Depreciation | ₹73 Cr |
| Operating profit | Profit before tax | ₹158 Cr |
| Other income | Profit before tax | ₹15 Cr |
| Profit before tax | Tax and other | ₹32 Cr |
| Profit before tax | Net profit | ₹141 Cr |
Revenue and net profit
Revenue grew 13.7% in FY2025; net profit is the dashed line.
| Date | Revenue | Net profit |
|---|---|---|
| FY2021 | ₹904 Cr | ₹34 Cr |
| FY2022 | ₹1,076 Cr | ₹49 Cr |
| FY2023 | ₹1,432 Cr | ₹118 Cr |
| FY2024 | ₹1,491 Cr | ₹102 Cr |
| FY2025 | ₹1,696 Cr | ₹141 Cr |
Cash flows
FY2025: ₹140 Cr from operations, -₹17.0 Cr free after investment (dashed).
| Date | Operating cash flow | Free cash flow |
|---|---|---|
| FY2021 | ₹115 Cr | ₹69 Cr |
| FY2022 | ₹77 Cr | -₹61 Cr |
| FY2023 | ₹119 Cr | ₹18 Cr |
| FY2024 | ₹236 Cr | ₹54 Cr |
| FY2025 | ₹140 Cr | -₹17 Cr |
Growth
Latest fiscal year FY2025 (ending March): each figure with its change over the year before.
- Revenue
- ₹1,696 Cr+13.7%1Y
- Net profit
- ₹141 Cr+38.2%1Y
- Cash from operations
- ₹140 Cr
- Free cash flow
- -₹17 Cr-131.5%1Y
- Revenue CAGR, 5Y
- 10.9%
- EBITDA CAGR, 5Y
- 15.2%
- Net profit CAGR, 5Y
- 22.5%
| Year | Revenue | Operating income | EBITDA | Net profit | CFO | FCF | ROE | Revenue growth 1Y | Net profit growth 1Y |
|---|---|---|---|---|---|---|---|---|---|
| FY2025 | ₹1,696 Cr | ₹287 Cr | — | ₹141 Cr | ₹140 Cr | -₹17 Cr | 21.7% | +13.7% | +38.2% |
Monthly returns
Month-by-month returns of TCPLPACK across the years, with the seasonal pattern.
Balance sheet
What the company owns and owes at the end of FY2025.
| Line | FY2025 |
|---|---|
| Liabilities and equity | ₹1,568 Cr |
| Equity capital | ₹9 Cr |
| Reserves | ₹640 Cr |
| Borrowings | ₹614 Cr |
| Other liabilities | ₹305 Cr |
| Assets | ₹1,568 Cr |
| Fixed assets | ₹703 Cr |
| Capital work in progress | ₹64 Cr |
| Investments | ₹53 Cr |
| Other assets | ₹747 Cr |
Market cap against peers
8 peers: same sector group, nearest by size.
P/E against peers
TCPLPACK trades at 20.7x earnings against a peer median of 38.3x (a 46% discount).
Peer comparison
Same-sector peers by market cap, with the median.
| Company | Market cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|
| TCPL Packaging LimitedTCPLPACKthis companyP/E ↓ discount | ₹2,575 Cr | 20.7x | 3.8x | 19.2% | 11.3x |
| Prince Pipes and Fittings LimitedPRINCEPIPE | ₹2,666 Cr | 115.0x | 1.7x | 11.8% | 7.5x |
| Patel Engineering LtdPATELENG | ₹2,633 Cr | 7.2x | 0.7x | 9.1% | 3.5x |
| MARSONS LIMITEDMARSONS | ₹2,580 Cr | 79.2x | 18.5x | — | — |
| Man Industries (India) LtdMANINDS | ₹2,574 Cr | 18.0x | 1.4x | 8.6% | 8.9x |
| Polyplex Corporation Ltd.POLYPLEX | ₹2,566 Cr | 27.3x | 3.5x | -1.3% | 73.6x |
| JASH ENGINEERING LIMITEDJASH | ₹2,536 Cr | 44.3x | 6.2x | 15.1% | 33.0x |
| Pennar Industries Ltd.PENIND | ₹2,535 Cr | 25.6x | 2.7x | 7.5% | 12.0x |
| TeamLease Services LimitedTEAMLEASE | ₹2,492 Cr | 26.8x | 2.7x | 13.9% | 15.5x |
| Peer median | — | 38.3x | 5.2x | 15.2% | 25.8x |
Year-to-date ROI
TCPLPACK since 1 January, against earlier years.
Historical volatility
TCPLPACK's day-to-day swings over 30, 60 and 180 days.
Financial statements
Income statement, balance sheet and cash flow as reported, in ₹ crore, grouped into plain-language lines.
Figures in ₹ crore as reported, fiscal years ending March, newest first; the trailing twelve months (TTM) last.
Operating margin by fiscal year
| Date | Operating margin |
|---|---|
| FY2021 | 15.0% |
| FY2022 | 15.0% |
| FY2023 | 16.0% |
| FY2024 | 17.0% |
| FY2025 | 17.0% |
| Line | FY2025 |
|---|---|
| RevenueSales | ₹1,696 Cr |
| Costs | |
| Interest | ₹56 Cr |
| Expenses | ₹1,409 Cr |
| Operating profitOperating Profit | ₹287 Cr |
| Other income and charges | |
| Profit before tax | ₹173 Cr |
| Tax | |
| Net profitNet Profit | ₹141 Cr |
| Per share |
| Line | FY2025 |
|---|---|
| Liabilities and equityTotal Liabilities | ₹1,568 Cr |
| Equity capitalEquity Capital | ₹9 Cr |
| Reserves | ₹640 Cr |
| Borrowings | ₹614 Cr |
| Other liabilitiesOther Liabilities | ₹305 Cr |
| AssetsTotal Assets | ₹1,568 Cr |
| Fixed assetsFixed Assets | ₹703 Cr |
| Capital work in progressCWIP | ₹64 Cr |
| Investments | ₹53 Cr |
| Other assetsOther Assets | ₹747 Cr |
| Line | FY2025 |
|---|---|
| Operating cash flowCash from Operating Activity | ₹140 Cr |
| Investing cash flowCash from Investing Activity | -₹157 Cr |
| Financing cash flowCash from Financing Activity | ₹19 Cr |
| Change in cashNet Cash Flow | ₹2 Cr |
Learn while you research
Academy chapters picked for TCPL Packaging Limited and the metrics on this page.
- 01 Taxes on Investments (India)LTCG, STCG, dividend tax, what every Indian investor needs.6 min read
- 02 Stock Valuation BasicsHow to think about what a fair price for a stock looks like.7 min read
- 03 Stock Market RisksSmall caps carry concentrated, idiosyncratic risk, learn to manage it.6 min read
- 04 Business Cycles & StocksThese cyclical sectors win and lose in different macro phases.6 min read
- 05 Essential Stock RatiosP/E, P/B, EV/EBITDA, what they mean and when to use each.7 min read
- 06 How to Read a Cash-Flow StatementProfit can be manipulated; cash flow rarely lies.7 min read