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TPL Plastech Limited Earnings Release 2026
61273_rns_2026-05-26_06c43bc1-0c47-4349-97df-973ec38a2925.pdf
Earnings Release
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TPL
May 26, 2026
To,
National Stock Exchange of India Ltd
Exchange Plaza, 5th Floor,
Plot No. C-1, Block G,
Bandra – Kurla Complex,
Bandra (East), Mumbai – 400 051
Symbol: TPLPLASTEH
BSE Limited
1st Floor, New Trading Ring,
Rotunda Building,
P.J. Towers, Dalal Street,
Fort, Mumbai – 400 001
Scrip Code: 526582
Dear Sir/Madam,
Sub: Press Release dated May 26, 2026 for Audited Financial Results of the Company for the Quarter and Financial Year ended 31st March, 2026
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed a copy of the Press Release dated May 26, 2026, with respect to the Audited Financial Results of the Company for the Quarter and Financial Year ended 31st March, 2026.
The same is also available on the website of the Company at www.tplplastech.in
Please take the same on record.
Thanking you,
Yours Faithfully,
For TPL Plastech Limited
Hemant Soni
HEMANT KUMAR SONI
Digitally signed by HEMANT KUMAR SONI
Date: 2026.05.26
21:16:48 +05'30'
VP-Legal & Company Secretary & Compliance Officer
TPL Plastech Ltd.
Registered Office : 102, 1st Floor, Centre Point, Somnath Daman Road, Somnath, Dabhel, Nani Daman, Daman - 396 210 • CIN : L25209DD1992PLC004656
Corporate Office: 203, Centre Point, J. B. Nagar, Andheri-Kurla Road, Near J. B. Nagar Chakala Metro Station, Andheri East, Mumbai - 400 059. • Tel : 022-6852 4200 • E-mail : [email protected] • Website : www.tplplastech.in
TPL
Investor Release
TPL Plastech Limited Reports FY26 & Q4 Results (A subsidiary of Time Technoplast Ltd)
Mumbai, 26th May 2026: TPL Plastech Limited (NSE: TPLPLASTEH, BSE Code: 526582), a manufacturer of technology-based Industrial Packaging products, has reported its audited Financial Results for the quarter and full year ended March 31, 2026.
| FY26 Performance (Y-o-Y) | ||||
|---|---|---|---|---|
| Revenue from Operations | EBITDA | Profit After Tax | ||
| Volume | ||||
| ~21.0% | ₹ 4,227 Mn | |||
| +20.9% | ₹ 484 Mn | |||
| +19.0% | ₹ 291 Mn | |||
| +23.2% | ||||
| Q4 FY26 Performance (Y-o-Y) | ||||
| Revenue from Operations | EBITDA | Profit After Tax | ||
| ₹ 1,141 Mn | ||||
| +23.7% | ₹ 129 Mn | |||
| +13.9% | ₹ 81 Mn | |||
| +17.9% | ||||
| Key Financial Performance | ||||
| --- | --- | --- | --- | --- |
| Particulars (₹ Mn) | FY26 | FY25 | Y-o-Y | Q4 FY26 |
| Revenue from Operations | 4,226.6 | 3,494.0 | 20.9% | 1,141.2 |
| EBITDA | 483.9 | 406.5 | 19.0% | 129.3 |
| EBITDA Margin (%) | 11.44% | 11.6% | - | 11.33% |
| PAT | 290.9 | 234.9 | 23.2% | 80.8 |
| PAT Margin | 6.87% | 6.7% | - | 7.06% |
Key Highlights:
☑ A strong 21% volume growth in FY26 (Y-o-Y) was driven by the ramp-up of our Dahej Greenfield facility and rising market demand, together enhancing capacity, productivity, and supply capability.
☑ Total Debt reduced by ₹260 Mn in FY26 compared to FY25.
☑ The Board recommends FY26 dividend of ₹1.30 per share (vs ₹1.0 per share in FY25), subject to shareholder approval at the upcoming AGM. The dividend payout for the company has increased by 6% reaching 35% in FY26 from 33% in FY25.
☑ TPL operates mainly in Gujarat and consumes ~2 Cr units annually. It plans to shift 75% to solar energy, requiring ~₹5 Cr investment, with <18 months payback and ~₹4 Cr annual savings, boosting ROCE.
☑ ROCE improved to 22.5% in FY26 from 20.3% in FY25, an increase of 220 bps as committed, targeting an increase of 1.5–2% p.a.
☑ We operate on a B2B model serving industries like Specialty Chemicals, FMCG, and Pharmaceuticals, with long-term industrial client relationships enabling a mutually agreed monthly pricing formula which enables us to maintain our margins.
TPL
Management Commentary: "TPL Plastech Ltd delivered a steady FY26 performance, supported by consistent demand from chemicals, specialty chemicals, and pharmaceuticals. For the year ended 31 March 2026, volumes increased 21.0% YoY, revenue grew 20.9% YoY, and EBITDA margin stood at 11.4%, reflecting continued operational stability. Global industrial packaging market projected to reach ~USD 97 bn by 2031 (5–6% CAGR), driven by rising demand for lightweight, recyclable IBC solutions across chemicals, food processing, and pharmaceuticals.
Consolidation & Cost Reduction: The company has been working on consolidation of products and facilities, along with reducing manpower and power costs, supported by automation, re-engineering of mould and machinery, and working capital optimization to enhance earnings and capital efficiency.
Growth Plan: Further, the Board has outlined a growth target of ~15% p.a. growth in both volume and value over the coming years, subject to fluctuations in key input costs. These trends position TPL Plastech Ltd well to capitalize on emerging opportunities and sustain long-term growth through its technology-driven packaging solutions."
About TPL Plastech Ltd:
TPL Plastech Ltd. (TPL) is a subsidiary (75%) of TIME TECHNOPLAST LTD. (Listed Company) and is engaged in manufacturing of technology-based polymer and composite products mainly Plastic Drums/Jerry Canes and Intermediate Bulk Containers (IBCs). The Company has manufacturing facilities at 5 locations including Silvassa, Ratlam, Bhuj, Vizag and Dahej and caters to customers in industries like Chemical & Petrochemicals, Specialty Chemicals, Plasticizers, Pharmaceutical, FMCG, Food products etc.
About Time Technoplast Ltd:
Time Technoplast Ltd (www.timetechnoplast.com) is a leading technology based innovative polymer and composite product Company. Over the years, Time Technoplast has emerged as a formidable player in the polymer and composite space with a product range that caters diverse segments like Industrial Packaging (Drums, Jerry Cans, Pails, and IBCs), Infrastructure (PE Pipes and Energy Storage Devices), Composite Cylinders (LPG, Oxygen, CNG and Hydrogen) and Auto Components. Time Technoplast is an aspiring Indian multinational having presence in India, Thailand, Taiwan, Indonesia, Vietnam, Malaysia, UAE, Bahrain, Saudi Arabia, Egypt and USA. The Company is market leader in 9 out of 11 countries it operates in.
Contact Details
| TPL Plastech Ltd TPL | Investor Relations: MUFG MUFG |
|---|---|
| Mr. Himanshu Upadhyay | |
| Sr. Manger – Finance & IR | |
| Email: [email protected] | Ms. Nidhi Vijaywargia |
| Email: [email protected] | |
| Mr. Bhaumin Shah | |
| Manger – Investor Relations | |
| Email: [email protected] | Mr. Aryan Sumra |
| Email: [email protected] | |
| Website: www.tplplastech.in |
Safe Harbor Statement
Certain statements in this document that are not historical facts are forward looking statements. Such forward-looking statements are subject to certain risks and uncertainties like government actions, local, political or economic developments, technological risks, and many other factors that could cause actual results to differ materially from those contemplated by the relevant forward-looking statements. TPL Plastech Ltd. will not be in any way responsible for any action taken based on such statements and undertakes no obligation to publicly update these forward-looking statements to reflect subsequent events or circumstances.