BSECompany Update3d ago · 4 Nov 2026, 09:10 pm
Press Release dated November 04, 2026 for Unaudited Financial Results of the Company for the Quarter and Half Year ended 30th September, 2026.
TPL Plastech Ltd · 526582
✦ AI Summary▲ PositiveResults
TPL Plastech Ltd reported unaudited Consolidated Financial Results for Q2 & H1 FY27, with volume growth of 15% YoY and revenue increase of 39.9% YoY, driven by strong performance in the IBC segment and sustained demand across other packaging products.
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Growth Catalyst6/10
Governance Concern2/10
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Balance Sheet Risk3/10
Liquidity Impact9/10
Market Sentiment8/10
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TPL Plastech Ltd - 526582 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
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er 04, 2026
National Stock Exchange of India Ltd BSEL imited
Exchange Plaza, 5th Floor, lst Floor, New Trading Ring,
Plot No. C-1, Block G, Rotunda Building,
Bandra – Kurla Complex, P.J.T owers, DalaI Street,
Bandra (East), Mumbai – 400 051 Fort, Mumbai – 400 001
Symbol: TPLPLASTEH Scrip Code: 526582
Dear Sir/Madam,
Sub: PressR eleased ated November 04, 2026 for Unaudited Financial Results of the Company for
the Quarter and Half Year ended 30th September, 2026
Pursuant to Regulation 30 of the SEBI( Listing Obligations and Disclosure Requirements) Regulations,
2015, please find enclosed a copy of the PressR eleased ated November 04, 2026, with respect to
the Unaudited Financial Results of the Company for the Quarter and Half Year ended 30th
September, 2026.
The samei s also available on the website of the Companya t www.tplplastech.in
Pleaset ake the same on record.
Thanking you,
VP-Legal& Company Secretary & Compliance Officer
TPL Plastech Ltd,
Registered Office : 102. 1s t Floor. Centre Point, Somnath Daman Road. Somnath, Dabhel, Nani Daman,
Daman - 396 210 . CIN : L25209DD1992PLC004656
Corporate Office : 203, Centre Potnt, J. B. Nagar. Andheri - Kurla Road, Near J. B. Nagar Chakala Metro Station, Andheri East,
Mumbai - 400 059 ' Tel : 022- 6852 4200 ' E-mail : Info@tplptastech.in ' Website : www.tplplastech.i n
Investor Release
TPL Plastech Limited Reports Q2 & H1 FY27 Results
(A subsidiary of Time TechnoplastLtd)
Mumbai, 04th November 2026: TPL Plastech Limited (NSE: TPLPLASTEH, BSE Code: 526582), a manufacturer of
technology-based Industrial Packaging products, has reported its unaudited Consolidated Financial Results for the
quarterendedSeptember30,2026.
Q2 FY27 Performance (Y-o-Y)
Volume Growth 15.0%
Revenue from Operations EBITDA Profit After Tax
₹ 1,495.2 Mn ₹ 138.6 Mn ₹ 83.8 Mn
+39.9% +16.7% +22.3%
H1 FY27 Performance (Y-o-Y)
Volume Growth 13.7%
Revenue from Operations EBITDA Profit After Tax
₹ 2,740.7 Mn ₹ 253.3 Mn ₹ 150.5 Mn
+38.8% +15.6% +22.2%
Key Financial Performance
Key Financial Performance
Particulars (₹ Mn) Q2 FY27 Q2 FY26 Y-o-Y H1 FY27 H1 FY26 Y-o-Y
Revenue from Opera(cid:415)ons 1,495.2 1,068.8 39.9% 2,740.6 1,972.9 38.8%
EBITDA 138.6 118.8 16.7% 253.3 219.2 15.6%
EBITDA Margin (%) 9.3% 11.1% 9.2% 11.1%
PAT 83.8 68.5 22.3% 150.5 123.2 22.2%
PAT Margin 5.6% 6.4% - 5.5% 6.2%
KeyHighlights:
A Volume growth of 15% YoY in Q2 FY27 was primarily driven by strong performance in the IBC segment, supported by sustained
demandacrossotherpackagingproducts,contributingtoa40%YoYgrowthinRevenuefromOperationsinQ2FY27.
TPL through its wholly owned subsidiary commenced commercial operations within committed timeline at Bhuj (Gujarat) for
manufacturingofindustrialpackagingproducts,includingIBCs.Thenewfacilityisexpectedtogenerateadditionalannualrevenueof~
₹100Crinaperiodof3years.
ROCEimprovedfrom21.0%inH1FY26,to22.6%inH1FY27,anincreaseof160bps,targetinganincreaseof1.5–2%p.a.
Aspartofitssustainabilityinitiatives,weplantosourceapproximately75%ofitspowerrequirementsthroughsolarenergywithan
estimated investment of ~₹5 Cr, generating an annual savings of ~₹4 Cr, and achieving payback period within 18 months, this will
contributeinenhancingtheROCE.
WeoperateinaninstitutionalbusinessmodelservingleadingindustriessuchasSpecialtyChemicals,FMCG,andPharmaceuticals,with
long-term customer relationships and mutually agreed pricing mechanisms that enable the pass-through of input cost fluctuations,
helpingmaintainmarginstability.
TheBoardhasapprovedtheSchemeofMergerbyAbsorptionofTPLPlastechLimited,asubsidiary,withTimeTechnoplastLimited(the
parent company, which holds 75% of TPL Plastech Limited), subject to requisite statutory and regulatory approvals. The proposed
mergerisaimedatstreamliningoperationsandenhancingefficienciesbycombiningthebusinessesofbothcompanieswitheffectfrom 1
April1,2026,subjecttoreceiptoftheorderoftheNCLT.
ManagementCommentary:“TPLPlastechLtddeliveredaresilientperformancetoQ2FY27,supportedbystable
demand across the chemicals, specialty chemicals, and pharmaceutical sectors. For the quarter ended 30
September 2026, volumes grew 15.0% YoY, revenue increased 39.9% YoY, and EBITDA growth of 16.7%,
highlighting operational consistency. The global industrial packaging market is expected to reach
approximatelyUSD97billionby2031,growingataCAGRof5-6%,drivenbyincreasingadoptionoflightweight
andrecyclableIBCsolutionsacrosschemicals,foodprocessing,andpharmaceuticals.
Consolidation & Cost Reduction: The company has been working on consolidation of products and facilities,
along with reducing manpower and power costs, supported by automation, re-engineering of mould and
machinery,andworkingcapitaloptimizationtoenhanceearningsandcapitalefficiency.
Growth Plan: Further,the Board has outlined a growthtarget of ~15% p.a. in volumes over the comingyears,
subject to fluctuations in key input costs.These trends position TPL Plastech Ltd well to capitalize onemerging
opportunitiesandsustainlong-termgrowththroughitstechnology-drivenpackagingsolutions.”
AboutTPLPlastechLtd:
TPL Plastech Ltd. (TPL) is a subsidiary (75%) of TIME TECHNOPLAST LTD. (Listed Company) and is engaged in
manufacturing of technology-based polymer and composite products mainly Plastic Drums/Jerry Cans and
IntermediateBulkContainers(IBCs).TheCompanyhasmanufacturingfacilitiesat5locationsincludingSilvassa,
Ratlam, Bhuj, Vizagand Dahej and catersto customers in industrieslike Chemical & Petrochemicals,Specialty
Chemicals,Plasticizers,Pharmaceutical,FMCG,Foodproductsetc.
AboutTimeTechnoplastLtd:
Time Technoplast Ltd (www.timetechnoplast.com) is a leading technology based innovative polymer and
composite product Company. Over the years, Time Technoplast has emerged as a formidable player in the
polymer and composite space with a product range that caters diverse segments like Industrial Packaging
(Drums,JerryCans,Pails,andIBCs),Infrastructure(PEPipesandEnergyStorageDevices),CompositeCylinders
(LPG,Oxygen,CNGandHydrogen)andAutoComponents.TimeTechnoplastisanaspiringIndianmultinational
having presence in India, Thailand, Taiwan, Indonesia, Vietnam, Malaysia, UAE, Bahrain, Saudi Arabia, Egypt
andUSA.TheCompanyismarketleaderin9outof11countriesitoperatesin.
ContactDetails
TPL Plastech Ltd Investor Relations:
Mr. Bhaumin Shah Mr. Aryan Sumra
Manager – Investor Relations Email: aryan.sumra@in.mpms.mufg.com
Email: IR@timetechnoplast.com
Website: www.tplplastech.in
SafeHarborStatement
Certainstatementsinthisdocumentthatarenothistoricalfactsareforwardlookingstatements.Suchforward-lookingstatementsare
subjecttocertainrisksanduncertaintieslikegovernmentactions,local,politicaloreconomicdevelopments,technologicalrisks,and
many other factors that could cause actual results to differ materially from those contemplated by the relevant forward-looking
statements. TPLPlastechLtd.will not beinany way responsible foranyactiontaken basedon suchstatementsand undertakes no
obligationtopubliclyupdatetheseforward-lookingstatementstoreflectsubsequenteventsorcircumstances.