Tokyo Plast International Reports Q3FY26 Results with Revenue Decline and Net Loss
Tokyo Plast International Limited reported Q3FY26 results showing revenue decline of 10.02% to ₹1,714.40 lakhs and a net loss of ₹1.07 lakhs versus profit of ₹8.12 lakhs in Q3FY25. However, nine-month performance was strong with revenue growth of 2.04% to ₹5,643.83 lakhs and net profit surge of 51.04% to ₹128.24 lakhs. The company operates in plastic thermoware products segment.

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Tokyo Plast International Limited announced its unaudited financial results for the quarter and nine months ended December 31, 2025. The company, which operates in the plastic thermoware products segment, reported mixed performance with quarterly revenue declining year-over-year while nine-month results showed improvement.
Quarterly Financial Performance
The company's standalone operations for Q3FY26 showed challenging performance compared to the previous year. Revenue from operations declined by 10.02% to ₹1,714.40 lakhs from ₹1,905.36 lakhs in Q3FY25. The quarter also witnessed a shift from profitability to loss, with the company reporting a net loss of ₹1.07 lakhs compared to a net profit of ₹8.12 lakhs in the corresponding quarter of the previous year.
| Metric | Q3FY26 | Q3FY25 | Change (%) |
|---|---|---|---|
| Revenue from Operations | ₹1,714.40 lakhs | ₹1,905.36 lakhs | -10.02% |
| Total Income | ₹1,714.58 lakhs | ₹1,905.57 lakhs | -10.02% |
| Profit Before Tax | ₹9.39 lakhs | ₹9.96 lakhs | -5.72% |
| Net Profit/(Loss) | ₹(1.07) lakhs | ₹8.12 lakhs | -113.18% |
| Basic EPS | ₹(0.01) | ₹0.09 | -111.11% |
Nine-Month Performance Analysis
Despite the quarterly challenges, the company's nine-month performance demonstrated resilience. Standalone revenue from operations for the nine months ended December 31, 2025, increased by 2.04% to ₹5,643.83 lakhs from ₹5,531.28 lakhs in the previous year. Net profit showed substantial growth of 51.04%, rising to ₹128.24 lakhs from ₹84.91 lakhs in the corresponding nine-month period of FY25.
| Parameter | 9M FY26 | 9M FY25 | Growth (%) |
|---|---|---|---|
| Revenue from Operations | ₹5,643.83 lakhs | ₹5,531.28 lakhs | +2.04% |
| Profit Before Tax | ₹155.24 lakhs | ₹104.18 lakhs | +49.01% |
| Net Profit | ₹128.24 lakhs | ₹84.91 lakhs | +51.04% |
| Basic EPS | ₹1.35 | ₹0.89 | +51.69% |
Operational Expenses and Margins
The company's cost structure showed mixed trends during Q3FY26. Cost of materials consumed decreased to ₹1,107.88 lakhs from ₹1,104.09 lakhs in Q3FY25. Employee benefit expenses increased to ₹422.37 lakhs from ₹392.98 lakhs, representing a 7.48% rise. Finance costs more than doubled to ₹78.29 lakhs from ₹37.19 lakhs in the previous year quarter, indicating higher borrowing costs.
Consolidated Results
The consolidated financial results, which include the subsidiary Pinnacle Drinkware Private Limited, showed similar trends. Consolidated revenue from operations remained at ₹1,714.40 lakhs for Q3FY26, identical to standalone figures. However, the consolidated net loss was higher at ₹13.31 lakhs compared to the standalone loss of ₹1.07 lakhs, primarily due to subsidiary losses.
Corporate Governance and Compliance
The Board of Directors approved these unaudited financial results at their meeting held on January 13, 2026. The results were reviewed by the Audit Committee and have been prepared in accordance with Indian Accounting Standards (Ind AS) prescribed under Section 133 of the Companies Act, 2013. The company maintains its paid-up equity share capital at ₹950.14 lakhs with a face value of ₹10 per share.
Historical Stock Returns for Tokyo Plast International
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +1.41% | -3.25% | -5.95% | -17.18% | -9.26% | +45.93% |

































