TPL Plastech reported a 23.2% rise in net profit for the financial year ended March 31, 2026, reaching ₹291 Mn, driven by a 21% volume growth and robust operational performance. Revenue from operations for the year increased by 20.9% to ₹4,227 Mn from ₹3,494 Mn in the previous year. The board of directors recommended a final dividend of ₹1.30 per equity share, subject to shareholder approval at the ensuing annual general meeting.

Financial Performance

For the quarter ended March 31, 2026, the company recorded a net profit of ₹81 Mn, compared to ₹67 Mn in the corresponding period of the previous year. Revenue from operations for the quarter stood at ₹1,141 Mn, up from ₹922 Mn in the same period last year. EBITDA for the quarter came in at ₹129 Mn versus ₹114 Mn in the same period last year, while the EBITDA margin contracted to 11.33% from 12.3% year-on-year.

The statutory auditors, M/s. Raman S. Shah & Associates, Chartered Accountants, issued an unmodified opinion on the audited consolidated and standalone financial results. The auditors confirmed that the results provide a true and fair view in conformity with the recognition and measurement principles laid down in the Indian Accounting Standards.

Key Highlights and Outlook

The company's operations fall under a single segment, Industrial Packaging, in accordance with Indian Accounting Standard IND AS 108. A strong volume growth in FY26 was driven by the ramp-up of the Dahej Greenfield facility and rising market demand. Total debt reduced by ₹260 Mn in FY26 compared to FY25. ROCE improved to 22.5% in FY26 from 20.3% in FY25, an increase of 220 bps.

The board has outlined a growth target of ~15% p.a. growth in both volume and value over the coming years. TPL operates mainly in Gujarat and plans to shift 75% to solar energy, requiring ~₹5 Cr investment, with <18 months payback and ~₹4 Cr annual savings. The company operates on a B2B model serving industries like Specialty Chemicals, FMCG, and Pharmaceuticals.

The following table summarises the key consolidated financial metrics for the full year:

The following table highlights key quarterly performance indicators:

TPL Plastech Limited has informed the stock exchanges of an upcoming Board of Directors meeting scheduled for Tuesday, May 26, 2026, pursuant to Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The intimation was issued on May 08, 2026, and signed by Hemant Soni, VP-Legal & Company Secretary & Compliance Officer of the company.

Board Meeting Agenda

The board meeting has been convened to address key corporate and financial matters. The following items are on the agenda:

Trading Window Closure

In accordance with the SEBI (Prevention of Insider Trading) Regulations, 2015, and the company's Code of Conduct for Prevention of Insider Trading, TPL Plastech has closed its trading window for dealing in securities of the company. The closure is effective from April 01, 2026, and will remain in force up to 48 hours after the financial results are declared to the stock exchanges.

This measure is a standard regulatory compliance step undertaken by listed companies ahead of the announcement of material financial information, ensuring that insiders do not trade on unpublished price-sensitive information.

About the Filing

The intimation was submitted to both the National Stock Exchange of India Ltd. and BSE Limited as required under applicable listing regulations. TPL Plastech's corporate office is located at 203, Centre Point, J. B. Nagar, Andheri-Kurla Road, Andheri East, Mumbai – 400 059, while its registered office is situated at Nani Daman, Daman – 396 210.