BSECompany Update3d ago · 11 Aug 2026, 03:06 pm
Press Release on Un-Audited Financial Results for the Q1 FY2027
TCPL Packaging Ltd-$ · 523301
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TCPL Packaging Ltd has announced its un-audited financial results for Q1 FY2027, with a 15.9% y-o-y increase in total income to Rs. 494.9 crore, and a 79.2% y-o-y increase in profit after tax to Rs. 40.0 crore. The company's EPS for Q1 FY2027 stood at Rs. 44.0, a 79.3% y-o-y increase.
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TCPL Packaging Ltd-$ - 523301 - Press Release On Un-Audited Financial Results For The Q1 FY2027
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August 11, 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 on Un-Audited Financial Results for the Q1 FY2027
We wish to inform you that Board of Directors of the company at their Meeting held
today, inter-alia considered and approved the Un-audited Financial Results of the
Company (Standalone and Consolidated) for the first quarter ended June 30, 2026.
Attached is the press release on financial results of the Company for the Q1 FY2027.
We request you to take the same on records in the interest of general public at large.
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 Q1 FY2027 Financial Results
Q1 FY27 (Consolidated)
Total Income stood at Rs. 494.9 crore, up 15.9% y-o-y
EBITDA (Incl. Other Income) stood at Rs. 87.9 crore, margin at 17.8%
PAT increased 79% y-o-y to Rs. 40.0 crore
Cash PAT stood at Rs. 75.6 crore, up 56% y-o-y
Mumbai, August 11, 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 June 30, 2026.
Financial Performance Highlights:
Consolidated Standalone
Particulars (Rs. crore)
Q1FY27 Q1FY26 YoY % Q1FY27 Q1FY26 YoY %
Total Income 494.9 427.0 15.9% 476.8 412.2 15.7%
EBITDA (Incl. Other Income) 87.9 74.9 17.3% 84.0 74.1 13.4%
EBITDA Margin (%) 17.8% 17.5% 21 bps 17.6% 18.0% -36 bps
Profit Before Tax 52.7 28.8 82.6% 50.3 29.3 71.8%
Profit After Tax 40.0 22.3 79.2% 37.6 22.8 65.4%
Cash Profit 75.6 48.5 56.0% 72.3 48.3 49.8%
EPS (Rs.) 44.0 24.5 79.3% 41.4 25.0 65.5%
Consolidated Standalone
Particulars (Rs. crore)
FY26 FY25 YoY % FY26 FY25 YoY %
Total Income 1,835.6 1,784.6 2.9% 1,763.4 1,711.8 3.0%
EBITDA (Incl. Other Income) 317.7 307.4 3.3% 310.9 301.8 3.0%
EBITDA Margin (%) 17.3% 17.2% 8 bps 17.6% 17.6% nil
Profit Before Tax 155.1 173.7 -10.7% 154.3 172.7 -10.6%
Profit After Tax 97.8 143.0 -31.6% 97.2 141.3 -31.2%
Cash Profit 224.6 249.2 -9.9% 220.4 245.4 -10.2%
EPS (Rs.) 107.5 157.2 -31.6% 106.8 155.2 -31.2%
Commenting on the record performance for Q1 FY2027 Mr. Saket Kanoria, Chairman &
Managing Director, TCPL Packaging Limited said:
“FY2027 has commenced on a strong note, with TCPL delivering broad-based and profitable
growth. During the quarter, revenue increased by 16% Y-o-Y, EBITDA grew by 17% and cash
profit increased by 56%, reflecting healthy demand, particularly in the domestic market, due to
improved operating performance and the benefits of our sustained investments and disciplined
execution.
Both our Folding Cartons and Flexible Packaging businesses performed exceptionally well,
enabling us to continue growing ahead of the market and gain share across key segments. With
our existing Flexible Packaging facility now operating at optimal utilisation, we are investing in an
additional high speed and capacity line to support the next phase of growth. We will continue to
invest across technology, capacity and value-added solutions to deepen customer relationships
and further strengthen our competitive position.
Packaging remains the cornerstone of TCPL and the principal focus of our investment and
expansion plans. We see strong potential to further build our position by broadening our offerings
and deepening relationships with customers in India and overseas. Alongside the continued
expansion of our core packaging business, we are pleased to announce strategic entry into the
battery materials business through a subsidiary proposed to be incorporated for the manufacture
of lithium-ion battery separator films. This represents an attractive long-term opportunity in a
rapidly growing sector and provides the TCPL Group with an additional platform for future growth.
With healthy momentum across our packaging businesses, ongoing investments and the addition
of new growth opportunities, we remain confident of sustaining our strong performance and
creating long-term value for all our stakeholders.”
Key Developments
Expansion of Flexible Packaging Capacity
• With the existing Flexible Packaging facility operating at optimal levels, TCPL is adding a
new manufacturing line to support continued growth, enhance capacity and strengthen its
market position
• The expansion will create headroom to address growing requirements from existing
customers, pursue new business opportunities and increase the share of value-added
products
Foray into Lithium-Ion Battery Separator Films
• Strategic entry into the Advanced Chemistry Cell (ACC) battery materials value chain,
creating a new growth platform in advanced energy materials
• Leverages the Group’s core competencies in specialised films, polymer processing,
precision manufacturing, R&D, process control and quality assurance
• Investment of ~₹125 crore to be deployed over the next 18 months, through a subsidiary
proposed to be incorporated for the project, with commercial production targeted for Q4
FY2028
• Phased approach to establish capabilities across the separator film value chain, with initial
manufacturing capacity of 70 million sq. metres per annum, supporting 6–8 GWh of
lithium-ion cell production annually
• Long-term expansion plans to manufacture approximately 500 million sq. metres per
annum (supporting ~50 GWh) over the next 5-7 years, subject to customer demand and
market developments
• Positions TCPL Group to participate in India's rapidly growing EV and energy storage
ecosystem while supporting domestic battery component manufacturing and reducing
import dependence
- 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 10 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 CDR,
TCPL Packaging Limited 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.