TCPL Packaging Ltd (TCPLPACK) — shareholding pattern, promoter holding, financials and share price
About TCPL Packaging Ltd (TCPLPACK)
TCPL Packaging Ltd operates in the Packaging industry, within the Capital Goods sector. It trades on the NSE as TCPLPACK and on the BSE under scrip code 523301. Its ISIN is INE822C01015.
Incorporated in 1987, TCPL Packaging Ltd manufactures paperboard-based packaging materials and flexible packaging products [1]
TCPL Packaging Limited is a leading Indian paperboard and flexible packaging manufacturer providing folding cartons, printed blanks, litho-lamination, laminates, sleeves and wrap-around labels to FMCG, tobacco and consumer electronics customers across India and overseas, operating through multiple subsidiaries and a pan-India manufacturing footprint with recent additions in Silvassa and Chennai.
Despite a small YoY revenue decline in Q3 FY26 (consolidated Rs. 471.2 crore, -1.8%), TCPL delivered strong margin recovery: consolidated EBITDA rose ~15% YoY to Rs. 81 crore and margins expanded by about 240 bps to 17.2%, driven by improved product mix, operating efficiencies and gross margin improvement, even as cash profit and PAT were impacted by one-time and financing effects.
Listed peers in Packaging: XPRO India Ltd, Polyplex Corporation Ltd, Uflex Ltd, Jindal Poly Films Ltd, Knack Packaging Ltd, Cosmo First Ltd.
Valuation & Returns
10 Jul 2026At ₹3,024 a share on 10 Jul 2026, TCPL Packaging Ltd (TCPLPACK) was valued at a price-to-earnings ratio of 28.14x against an industry P/E of 37x and a price-to-book of 4.27x on a book value of ₹707.43 per share as of Mar 2025. Solomo computes return on equity of 15.19% and return on capital employed of 17.04% from filed results. Earnings ratios use consolidated results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 28.14x
- Industry P/E
- 37x
- P/B
- 4.27x
- EPS (TTM)
- ₹107.47
- Book value / share
- ₹707.43
- ROE
- 15.19%
- ROCE
- 17.04%
- ROA
- 6.07%
- Debt / equity
- 1.01x
- Dividend yield
- 0.99%
- EBITDA margin
- 16.93%
- 52-week range
- ₹2,205 – ₹3,950
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, TCPL Packaging Ltd (TCPLPACK) reported revenue of ₹1,810 crore, net profit of ₹98 crore and earnings per share of ₹107.47. That compares with revenue of ₹1,770 crore and net profit of ₹143 crore in Mar 2025. Figures are consolidated, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹454 crore and net profit ₹22 crore (consolidated).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 1,086 | 1,475 | 1,541 | 1,770 | 1,810 |
| Net profit (₹ cr) | 47 | 110 | 99 | 143 | 98 |
| EPS (₹) | 52.03 | 122.05 | 109.22 | 157.15 | 107.47 |
| Measure | 10Y | 5Y | 3Y | 1Y |
|---|---|---|---|---|
| Sales growth | 11.47% | 13.78% | 16.39% | 14.85% |
| Profit growth | 15.61% | 31.07% | 42.08% | 43.89% |
| Stock price CAGR | 17% | 44% | 27% | -16% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 55.74% of TCPL Packaging Ltd (TCPLPACK) (unchanged from the previous quarter), foreign institutional investors (FII) hold 1.02% and domestic institutional investors (DII) hold 13.69%. Market capitalisation was ₹2,752 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Mar 2001.
Largest disclosed public shareholders in Jun 2026: Anil Kumar Goel 7.69%, Dsp Small Cap Fund 7.06%, Clarus Capital I 3.9%, Investor Education and Protection Fund (IEPF) 1.74%, Molecular Trading And Mercantile Pvt Ltd 1.6%, Seema Goel 1.36%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 55.74% | - | 1.02% | 13.69% | 44.06% |
| Mar 2026 | 55.74% | - | 1.04% | 13.57% | 44.05% |
| Dec 2025 | 55.74% | - | 0.96% | 12.67% | 44.05% |
| Sep 2025 | 55.74% | - | 0.92% | 12.15% | 44.04% |
| Jun 2025 | 55.74% | - | 0.94% | 11.63% | 44.04% |
| Mar 2025 | 55.74% | - | 1.18% | 11.55% | 44.04% |
| Dec 2024 | 55.74% | - | 0.92% | 11.68% | 44.03% |
| Sep 2024 | 55.74% | - | 0.93% | 11.35% | 44.03% |