TPL Plastech Limited has announced its audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The company reported a net profit of ₹2,907.24 lakh for the financial year, compared to ₹2,907.49 lakh in the previous year. Total income from operations for the year stood at ₹42,266.31 lakh.

For the quarter ended March 31, 2026, the company posted a net profit of ₹805.64 lakh on a total income from operations of ₹11,412.39 lakh. The equity share capital remained constant at ₹1,560.06 lakh, with a face value of ₹2 each.

Financial Performance

The company's earnings per share (EPS) for the year was reported at ₹3.73, basic and diluted. Total comprehensive income for the year was ₹2,909.66 lakh. The figures were reviewed by the Audit Committee and approved by the Board of Directors in a meeting held on May 26, 2026.

Key Financial Metrics (Standalone)

The detailed financial results have been filed with the stock exchanges under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The full format of the results is available on the websites of BSE Limited and National Stock Exchange of India Limited, as well as the company's official website.

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: