NSEPress Release4d ago · 5 Nov 2026, 06:48 pm
Press Release
TCPL Packaging Limited · TCPLPACK
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TCPL Packaging Limited has announced its financial results for Q2 & H1 FY2027, with a 20% YoY growth in consolidated total income to Rs. 564.6 crore and a 58% YoY growth in PAT to Rs. 45.3 crore.
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Full Announcement
TCPL Packaging Limited has informed the Exchange regarding a press release dated November 05, 2026, titled "financial results of the Company for the Q2 & H1 FY2027.".
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November 5, 2026
The Bombay Stock Exchange Ltd The National Stock Exchange of India Ltd
Phiroze Jeejeebhoy Towers, Exchange Plaza, Plot No. C/1, G Block
Dalal Street, Bandra Kurla Complex,
Mumbai 400 001 Bandra East, Mumbai 400 051
Security Code:-523301 Trading Symbol:- TCPLPACK
Dear Sir(s),
Re:- Press Release – Unaudited Financial Results for Q2 & H1 FY2027
We wish to inform you that the Board of Directors of the Company, at its meeting held
today, inter alia considered and approved the Unaudited Financial Results (Standalone
and Consolidated) for the quarter and half-year ended September 30, 2026.
Attached is press release on financial results of the Company for the Q2 & H1 FY2027.
We request you to take this information on your records.
Thanking You
For TCPL Packaging Limited
Compliance Officer
Encl. As above
CIN: L22210MH1987PLC044505
Corporate office: Empire Mills Complex, 414, Senapati Bapat Marg, Lower Parel, Mumbai, Maharashtra
400013 India
PRESS RELEASE
TCPL announces Q2 & H1 FY2027 Financial Results
Q2 FY27 (Consolidated)
Total Income stood at Rs. 564.6 crore, up 20%
EBITDA (Incl. Other Income) came in at Rs. 100.1 crore, translating
into an EBITDA margin of 17.7%
PAT stood at Rs. 45.3 crore, up 58%
Cash PAT stood at Rs. 84.9 crore, up 44%
Mumbai, November 05, 2026: TCPL Packaging Limited (TCPL), one of India’s leading producers
of sustainable packaging solutions for customers across industries, has announced its financial
results for the period ended September 30, 2026.
Financial Performance Highlights:
Consolidated Standalone
Particulars (Rs. crore)
Q2FY27 Q2FY26 YoY % Q2FY27 Q2FY26 YoY %
Total Income 564.6 469.6 20.2% 544.1 447.2 21.7%
EBITDA (Incl. Other Income) 100.1 78.5 27.5% 98.4 76.5 28.5%
EBITDA Margin (%) 17.7% 16.7% 101 bps 18.1% 17.1% 97 bps
Profit Before Tax 61.8 37.2 66.0% 61.6 36.8 67.2%
Profit After Tax 45.3 28.7 57.7% 45.1 28.3 59.1%
Cash Profit 84.9 58.9 44.2% 83.7 57.5 45.6%
EPS (Rs.) 49.8 31.6 57.7% 49.6 31.1 59.2%
Consolidated Standalone
Particulars (Rs. crore)
H1FY27 H1FY26 YoY % H1FY27 H1FY26 YoY %
Total Income 1,059.5 896.6 18.2% 1,020.9 859.5 18.8%
EBITDA (Incl. Other Income) 188.0 153.4 22.5% 182.4 150.6 21.1%
EBITDA Margin (%) 17.7% 17.1% 63 bps 17.9% 17.5% 34 bps
Profit Before Tax 114.5 66.0 73.3% 111.9 66.1 69.3%
Profit After Tax 85.3 51.0 67.2% 82.7 51.1 62.0%
Cash Profit 160.5 107.3 49.5% 156.0 105.7 47.5%
EPS (Rs.) 93.7 56.1 67.1% 90.9 56.1 62.0%
Commenting on the performance for Q2 & H1 FY2027 Mr. Saket Kanoria, Managing
Director, TCPL Packaging Limited said:
“We are very pleased to report a strong performance in Q2 FY27, achieving the milestones of
crossing Rs. 500 crore in quarterly total income and Rs. 100 crore in EBITDA for the first time.
Consolidated total income stood at Rs. 565 crore, reflecting growth of 20% YoY, while EBITDA
stood at Rs. 100 crore, with a margin of 17.7%. PAT grew by a healthy 58% YoY to Rs. 45 crore.
Growth momentum remains strong across both paperboard and flexible packaging, supported by
healthy customer demand and our continued focus on strengthening customer relationships and
expanding our product offerings. While the operating environment remains challenging due to
cost pressures, including higher raw material and logistics expenses, we have improved our
margins through appropriate pricing actions, operational efficiencies, and cost optimisation
initiatives.
On the strategic front, we have incorporated TCPL Energy Materials Limited, a wholly owned
subsidiary, to undertake our lithium-ion battery separator films business. We are making progress
in the initial stages of the project, with a focus on establishing the necessary manufacturing
infrastructure and building the capabilities required for this venture. This initiative represents an
important step towards creating an additional long-term growth platform, positioning us to
participate in the emerging opportunities within India's electric mobility and energy storage
ecosystem.
Looking ahead, we remain positive about the growth opportunities across our businesses. Our
focus will remain on strengthening our market position, enhancing our product portfolio and
executing our strategic investments. These initiatives are aimed at sustaining our historical
revenue growth trajectory while supporting profitable growth and long-term value creation.”
Key Developments
Incorporation of Subsidiary for Lithium-ion Battery Separator Films
Incorporated TCPL Energy Materials Limited (TEML) as a wholly owned subsidiary on
September 24, 2026
To manufacture lithium-ion battery separator films, catering to EVs, grid-scale energy
storage and other applications
₹10 crore initial authorised share capital, with 100% ownership by TCPL Packaging
Marks TCPL’s foray into the advanced battery materials segment
Recent Awards & Accolades Received
TCPL recognised as ‘Packaging Converter (F&B) of the Year’ at PrintWeek Awards 2026
TCPL Packaging Wins 4 Awards at India Star Awards 2026
o Secured four awards in the Folding Carton category at the India Star Awards 2026,
recognizing excellence in packaging design and innovation. The Award-Winning
Products were:
Folding Carton Category
Colgate Total 150g
Bicota 5 Kg Pouch
Nestlé Milky Bar Choo Pouch
Nestlé KitKat Valentine Heart-Shaped Pack
TCPL wins six honours at IFCA Awards 2026
o Secured six awards across Folding Cartons and Flexible Packaging categories at
the IFCA Awards 2026, recognised for excellence in innovative packaging
solutions, branding, design and creativity across leading consumer brands. The
Award-Winning Products were:
Folding Carton Category
Dove Damage Therapy – Pack of 5
Nykaa Kay Luxe Face Palette
Indica Xpress Crème – Natural Black Colour
Mars Galaxy Smooth Milk
Flexible Packaging Category
Daawat Golden Basmati Rice 5 kg – Flat Bottom Pouch
Accelerate Whey Protein – Flat Bottom Pouch
- ENDS -
About TCPL Packaging Limited
TCPL Packaging Limited (TCPL) (BSE: 523301, NSE: TCPLPACK), is one of India’s leading
producers of sustainable packaging solutions for customers across industries. The Company
partners with customers to provide paperboard-based packaging solutions including folding
cartons, printed blanks and outers, litho-lamination, plastic cartons, blister packs, and shelf-ready
packaging. TCPL has also ventured into the flexible packaging industry, with the capability to
produce laminates, sleeves, and wrap-around labels.
Headquartered in Mumbai, India, TCPL has a PAN India presence with 8 state-of-the-art
manufacturing facilities and marketing offices in key metro cities. Over the years, the Company
has effectively diversified and broadened its operations to service a wide range of packaging
products, while consistently adding new customers and increasing its share of business in
established customers and markets.
For further information on the Company, please visit www.tcpl.in or contact:
Vivek Dave Anoop Poojari / Jenny Rose Kunnappally
TCPL Packaging Limited CDR, India
Tel: +91 70454 57686 Tel: +91 98330 90434 / +91 86899 72124
Email: vivek.dave@tcpl.in / investors@tcpl.in Email: anoop@cdr-india.com
jenny@cdr-india.com
DISCLAIMER:
Certain statements and opinions with respect to the anticipated future performance of TCPL Packaging
Limited (TCPL) in the press release may be forward-looking statements. Such forward-looking statements
are subject to certain risks and uncertainties like significant changes in economic environment in India and
overseas, tax laws, import duties, litigation, labour relations etc. Actual results might differ substantially from
those expressed or implied. TCPL will not be in any way responsible for any action taken based on such
statements and discussions; and undertakes no obligation to publicly update these forward-looking
statements to reflect subsequent events or circumstances.