TCPL Packaging Limited — Earnings Release 2026

Feb 9, 2026

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February 9, 2026

The Bombay Stock Exchange Ltd Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai 400 001 Security Code:-523301

The National Stock Exchange of India Ltd Exchange Plaza, Plot No. C/1, G Block Bandra Kurla Complex, Bandra East, Mumbai 400 051 Trading Symbol:- TCPLPACK

Dear Sir(s),

Re:- Press Release

We wish to inform you that Board of Directors of the company in their Meeting held today, inter-alia considered and approved the Un-audited Financial Results of the Company (Standalone and Consolidated) for the quarter and nine months ended December 31, 2025.

Attached is a press release on financial results of the Company for the Q3 & 9M FY2026. We request you to take the above on your records in the interest of general public at large.

Thanking You

For TCPL Packaging Limited

Harish Venkappa Digitally signed by Harish Venkappa Anchan Anchan Date: 2026.02.09 18:24:53 +05'30'

Compliance Officer

Encl. As above

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CIN: L22210MH1987PLC044505

Corporate office: Empire Mills Complex, 414, Senapati Bapat Marg, Lower Parel, Mumbai, Maharashtra 400013 India

PRESS RELEASE

TCPL announces Q3 & 9M FY2026 Financial Results

Q3 FY26 (Consolidated)

Total Revenue stood at Rs. 471.2 crore

EBITDA stood at Rs. 81.0 crore, margin at 17.2% Cash PAT stood at Rs. 56.5 crore

Mumbai, February 09, 2026 : TCPL Packaging Limited (TCPL), one of India’s leading producers of sustainable packaging solutions for customers across industries, has announced its financial results for the period ended December 31, 2025.

Financial Performance Highlights:

Particulars (Rs. crore)	Consolidated	Consolidated	Consolidated	Standalone	Standalone	Standalone
	Q3FY26	Q3FY25	YoY %	Q3FY26	Q3FY25	YoY %
Total Revenues	471.2	479.7	-2%	452.9	457.6	-1%
EBITDA	81.0	70.6	14.7%	78.6	70.2	12%
EBITDA Margin (%)	17.2%	14.7%	247bps	17.4%	15.3%	201 bps
Profit Before Tax	46.7	48.3	-3%	46.3	48.8	-5%
Profit After Tax	25.0	37.7	-34%	25.0	38.2	-35%
Cash Profit	56.5	67.6	-16%	55.4	67.4	-18%
EPS (Rs.)	27.5	41.5	-34%	27.4	42.0	-35%

Particulars (Rs. crore)	Consolidated	Consolidated	Consolidated	Standalone	Standalone	Standalone
	9MFY26	9MFY25	YoY %	9MFY26	9MFY25	YoY %
Total Revenues	1,356.4	1,347.9	1%	1,300.1	1,286.7	1%
EBITDA	223.0	218.9	2%	216.9	215.7	1%
EBITDA Margin (%)	16.4%	16.2%	20 bps	16.7%	16.8%	-7bps
Profit Before Tax	112.7	134.2	-16%	112.4	135.2	-17%
Profit After Tax	76.1	105.0	-28%	76.0	106.0	-28%
Cash Profit	163.8	191.3	-14%	161.2	190.3	-15%
EPS (Rs.)	83.6	115.4	-28%	83.5	116.4	-28%

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Commenting on the performance for Q3 & 9M FY2026 Mr. Saket Kanoria, Managing Director, TCPL Packaging Limited said:

“Our performance during the quarter was led by a strong domestic business, which delivered healthy growth and helped offset lower export volumes amid a subdued global environment. Consolidated revenues for Q3 FY26 stood at Rs. 471 crore. EBITDA increased by 15% YoY, with margins expanding over 240 basis points to 17%, primarily driven by gross margin improvement and operating efficiencies.

Exports were impacted during the quarter, largely due to a high base and continued softness in overseas markets. We remain focused on strengthening customer relationships across markets while taking a calibrated approach to exports.

I am pleased to announce the commissioning of our gravure cylinder manufacturing facility at Silvassa. The facility enhances our control over a key input, supports improved print precision, and enables faster response to customer requirements. It strengthens our backward integration and is expected to contribute to better operational efficiency and quality consistency across our packaging solutions.

Looking ahead, with domestic demand expected to remain healthy and the trade deals made by India with the EU and USA, our focus is on expanding our footprint, broadening our product portfolio, and driving growth through diversification. Backed by a strong balance sheet and disciplined capital allocation, we are well positioned to benefit from the shift towards organised players and deliver sustained long-term value.”

Key Developments

Board Confers Chairman Emeritus Title on Mr. K. K. Kanoria

• Mr. K. K. Kanoria, Founder and Chairman, has decided to relinquish his executive responsibilities in view of his advanced age

• On the recommendation of the Nomination and Remuneration Committee, the Board of Directors, at its meeting held today, conferred upon him the honorary title of Chairman Emeritus, recognising his long-standing contribution and leadership

• In this role, Mr. K. K. Kanoria will continue to support the Company in an advisory and mentoring capacity, enabling TCPL to benefit from his experience and guidance from time to time

• The Board has also approved the appointment of Mr. Saket Kanoria, Managing Director, as Chairman and Managing Director, with effect from 10[th] February 2026.

Commissioning of Gravure Cylinder manufacturing facility at Silvassa

• Facility established in Q3FY26, under wholly owned subsidiary, Accura Technik Private Limited, to strengthen backward integration by bringing a critical input in-house and reducing dependence on external sourcing

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• Enhances process control, print precision, and quality consistency across packaging formats, while supporting faster turnaround times and improved operational efficiency, enabling higher design accuracy, repeatability, and better responsiveness to customer requirements

• Designed with surplus capacity to cater to external demand over time, with the potential to evolve into an additional revenue stream

Awards & Accolades Received in Q3FY26

• TCPL was honoured with the Most Preferred Workplace Award 2025–2026 (Manufacturing Category, 4th Edition), presented by Team Marksmen in partnership with Times Now and Business Standard

• The award was conferred at the 4th Marksmen Network Conference held on 11 December 2025 at Novotel Mumbai, recognising organisations that demonstrate excellence in workplace culture, employee engagement, leadership, and futureready people practices.

• This achievement reflects TCPL’s strong commitment to a people-centric culture, where employees feel valued and included, collaboration and growth thrive, continuous learning is encouraged, well-being remains a priority, and innovation drives performance

• TCPL secured six wins at the IFCA Star Awards 2025, reaffirming its leadership in innovative and creative packaging.

• ENDS -

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About TCPL Packaging Limited

TCPL Packaging Limited (TCPL) (BSE: 523301, NSE: TCPLPACK), is one of India’s leading producers of sustainable packaging solutions for customers across industries. The Company partners with customers to provide paperboard-based packaging solutions including folding cartons, printed blanks and outers, litho-lamination, plastic cartons, blister packs, and shelf-ready packaging. TCPL has also ventured into the flexible packaging industry, with the capability to produce laminates, sleeves, and wrap-around labels.

Headquartered in Mumbai, India, TCPL has a PAN India presence with 10 state-of-the-art manufacturing facilities and marketing offices in key metro cities. Over the years, the Company has effectively diversified and broadened its operations to service a wide range of packaging products, while consistently adding new customers and increasing its share of business in established customers and markets.

For further information on the Company, please visit www.tcpl.in or contact:

Vivek Dave Anoop Poojari / Jenny Rose Kunnappally TCPL Packaging Limited CDR, India Tel: +91 70454 57686 Tel: +91 98330 90434 / +91 86899 72124 Email: vivek.dave@tcpl.in / investors@tcpl.in Email: anoop@cdr-india.com jenny@cdr-india.com

DISCLAIMER:

Certain statements and opinions with respect to the anticipated future performance of TCPL Packaging Limited (TCPL) in the press release may be forward-looking statements. Such forward-looking statements are subject to certain risks and uncertainties like significant changes in economic environment in India and overseas, tax laws, import duties, litigation, labour relations etc. Actual results might differ substantially from those expressed or implied. TCPL will not be in any way responsible for any action taken based on such statements and discussions; and undertakes no obligation to publicly update these forward-looking statements to reflect subsequent events or circumstances.

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