TCPL Packaging Ltd Share Price ₹2,519 | P/E 20.3

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Financials of TCPL Packaging Ltd

Quarter-by-quarter operating performance

	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025
Sales +	366	381	361	391	354	384	391	439	458	410	409	438	453
Expenses +	306	315	300	327	296	318	321	362	387	339	338	371	374
Operating Profit	60	66	60	64	59	66	69	76	70	70	71	67	79
OPM %	16%	17%	17%	16%	17%	17%	18%	17%	15%	17%	17%	15%	17%
Other Income +	3	1	1	4	2	5	3	1	12	2	3	10	-8
Interest	11	12	13	13	14	14	13	13	15	17	26	19	15
Depreciation	15	16	16	18	17	18	18	18	19	18	19	21	20
Profit before tax	37	39	33	37	30	39	42	45	49	37	29	37	35
Tax %	28%	29%	27%	22%	30%	25%	23%	20%	22%	6%	22%	23%	29%
Net Profit +	27	28	24	29	21	29	32	36	38	35	23	28	25
EPS in Rs	29.51	30.29	26.44	31.62	22.85	31.98	35.11	39.35	41.99	38.79	24.98	31.13	27.42

Financials of TCPL Packaging Ltd

Annual income statement trend

	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	TTM
Sales +	395	498	593	613	698	816	890	904	1,076	1,432	1,491	1,696	1,710
Expenses +	333	416	492	516	613	711	764	770	920	1,196	1,242	1,409	1,422
Operating Profit	61	82	101	97	85	105	126	134	156	236	249	287	287
OPM %	16%	17%	17%	16%	12%	13%	14%	15%	15%	16%	17%	17%	17%
Other Income +	-0	-0	-0	1	2	1	2	3	2	27	11	15	6
Interest	18	17	20	22	25	28	37	37	33	44	54	56	77
Depreciation	24	22	25	29	35	36	48	52	55	61	69	73	78
Profit before tax	20	43	55	46	27	42	42	48	70	158	137	173	139
Tax %	37%	25%	31%	30%	25%	31%	14%	29%	30%	26%	26%	18%
Net Profit +	12	32	38	32	20	29	37	34	49	118	102	141	111
EPS in Rs	14.37	37.00	44.00	37.32	22.22	31.81	40.13	37.08	54.13	129.16	111.58	155.24	122.32
Dividend Payout %	17%	16%	17%	17%	17%	16%	10%	20%	18%	15%	20%	19%

Financials of TCPL Packaging Ltd

Capital structure and asset base

	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Sep 2025
Equity Capital	9	9	9	9	9	9	9	9	9	9	9	9	9
Reserves	79	105	136	170	207	232	260	292	335	443	521	640	664
Borrowings +	158	180	235	303	298	320	356	321	421	459	484	614	654
Other Liabilities +	75	103	105	119	123	155	174	218	240	250	288	305	339
Total Liabilities	321	397	485	601	637	716	799	839	1,006	1,161	1,303	1,568	1,666
Fixed Assets +	183	228	282	365	358	418	452	448	504	496	644	703	737
CWIP	4	2	9	4	6	0	1	11	5	44	7	64	54
Investments	0	0	0	0	0	0	0	4	28	47	45	53	54
Other Assets +	134	168	194	231	273	298	346	375	468	574	607	747	822
Total Assets	321	397	485	601	637	716	799	839	1,006	1,161	1,303	1,568	1,666

Financials of TCPL Packaging Ltd

Operating, investing and financing cash movement

	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Cash from Operating Activity +	55	69	72	80	48	81	86	115	77	119	236	140
Cash from Investing Activity +	-43	-61	-86	-112	-33	-69	-72	-46	-138	-101	-182	-157
Cash from Financing Activity +	-12	-6	13	32	-15	-11	-16	-67	60	-18	-51	19
Net Cash Flow	0	2	-1	0	-0	2	-2	3	-1	-1	3	2
Free Cash Flow	11	9	-13	-29	18	-9	25	61	-27	30	64	-15
CFO/OP	99%	95%	81%	93%	63%	87%	75%	96%	60%	66%	110%	64%

Financials of TCPL Packaging Ltd

Working capital efficiency and return ratios

	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Debtor Days	68	60	60	61	69	66	66	72	78	74	84	96
Inventory Days	76	76	76	109	98	92	94	101	98	96	84	77
Days Payable	70	79	61	84	67	65	62	98	88	66	75	78
Cash Conversion Cycle	75	58	74	86	100	93	98	74	87	105	93	94
Working Capital Days	-12	-15	-13	-14	-3	-8	-2	2	4	16	20	24
ROCE %	16%	22%	22%	16%	11%	13%	13%	14%	15%	22%	20%	20%