TCPL Packaging Limited (TCPLPACK) AI Stock Analysis

• Market Cap: ₹30.90B
• Dividend Yield: 0.88%
• Average Volume (3M): 515.00
• Price to Earnings (P/E): 23.1
• Beta (1Y): 0.64
• Revenue Growth: 13.56%
• EPS Growth: 22.14%
• Country: IN
• Employees: 2,228
• Sector: Consumer Defensive
• Sector Strength: 67
• Industry: Packaging & Containers
• EPS (TTM): 25.00
• Shares Outstanding: 9,100,000
• 10 Day Avg. Volume: 786
• 30 Day Avg. Volume: 515
• PEG Ratio: 0.67
• Price to Book (P/B): 6.12
• Price to Sales (P/S): 2.23
• P/FCF Ratio: -49.12
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹3,928.00
• Price Target Upside: 17.73% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 65 Neutral
• Price Target: ₹3,928.00 ▲(17.73% Upside)

The stock of TCPL Packaging Limited receives a score of 65, driven by strong financial performance, despite cash flow challenges. Technical analysis indicates bearish momentum, while valuation metrics suggest a moderately priced stock with limited dividend yield. The absence of earnings call insights and notable corporate events leaves the financial performance and valuation as the primary factors influencing the score.

TCPL Packaging Limited Business Overview & Revenue Model

Company Description

TCPL Packaging Limited (TCPLPACK) is a leading company in the packaging sector, specializing in the production of printed folding cartons, printed blanks, and outer packaging materials. The company caters to a diverse range of industries including fast-moving consumer goods (FMCG), pharmaceuticals, and food and beverage sectors. TCPL Packaging is known for its commitment to innovation and sustainability, providing high-quality packaging solutions that meet the evolving needs of its clients.

How the Company Makes Money

TCPL Packaging Limited generates revenue primarily through the sale of its packaging products to various industries. The company's key revenue streams include the production and sale of printed folding cartons and flexible packaging solutions. Significant partnerships with major FMCG companies and other industries drive consistent demand for TCPL's products. Additionally, TCPL invests in state-of-the-art technology and sustainable practices, which enhances its competitive edge and attracts environmentally conscious clients, contributing further to its revenue.

TCPL Packaging Limited Financial Statement Overview

Summary

TCPL Packaging Limited shows strong revenue growth and improving profit margins, indicating robust financial performance. However, cash flow challenges due to high capital expenditures and negative free cash flow pose potential liquidity risks.

Income Statement

TCPL Packaging Limited demonstrates strong revenue growth with a 14.85% increase from 2024 to 2025. The gross profit margin improved to 29.41% in 2025 from 17.06% in 2024, indicating enhanced cost management. Net profit margin also increased to 8.08% in 2025, reflecting improved profitability. However, the EBITDA margin remained relatively stable at 17.36%. Overall, the company shows a positive growth trajectory with increasing profitability.

Balance Sheet

The balance sheet reflects a moderate debt-to-equity ratio of 1.01, suggesting a balanced capital structure. The equity ratio improved to 39.93% in 2025, indicating a stronger equity position relative to assets. Return on equity increased to 22.22%, showcasing efficient use of equity to generate profits. While leverage is moderate, the improvement in equity ratio suggests a strengthening financial position.

Cash Flow

The operating cash flow to net income ratio decreased to 0.55 in 2025, indicating a drop in cash generation relative to net income. Free cash flow turned negative in 2025, primarily due to high capital expenditures. However, free cash flow to net income ratio is negative, indicating potential challenges in covering investments with generated cash. The cash flow situation requires close monitoring due to its potential impact on liquidity.

Breakdown	TTM	Dec 2025	Dec 2023	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	17.41B	17.70B	14.42B	15.41B	10.65B	8.86B
Gross Profit	5.65B	5.21B	5.54B	2.63B	2.93B	2.49B
EBITDA	3.01B	3.07B	2.62B	2.59B	1.58B	1.36B
Net Income	1.34B	1.43B	1.11B	1.01B	473.47M	334.74M
Balance Sheet
Total Assets	0.00	16.12B	12.18B	13.28B	10.72B	8.38B
Cash, Cash Equivalents and Short-Term Investments	306.59M	200.81M	79.14M	218.33M	97.58M	49.43M
Total Debt	0.00	6.51B	5.01B	5.04B	4.63B	3.49B
Total Liabilities	-5.70B	9.68B	7.75B	8.02B	7.29B	5.38B
Stockholders Equity	5.70B	6.44B	4.42B	5.26B	3.40B	3.00B
Cash Flow
Free Cash Flow	0.00	-802.25M	93.99M	880.57M	-923.85M	598.28M
Operating Cash Flow	0.00	786.37M	1.09B	2.34B	969.72M	1.15B
Investing Cash Flow	0.00	-1.51B	-899.61M	-1.57B	-1.95B	-458.10M
Financing Cash Flow	0.00	730.62M	-217.33M	-760.88M	1.01B	-667.19M

TCPL Packaging Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 3336.40
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:TCPLPACK, the sentiment is Negative. The current price of 3336.4 is below the 20-day moving average (MA) of 3636.22, below the 50-day MA of 3681.32, and below the 200-day MA of 3602.61, indicating a bearish trend. The MACD of -68.15 indicates Positive momentum. The RSI at 39.73 is Neutral, neither overbought nor oversold. The STOCH value of 16.95 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:TCPLPACK.

TCPL Packaging Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TCPLPACK	65 Neutral	₹30.90B	23.12		0.88%	13.56%	22.14%
HUHTAMAKI	63 Neutral	₹16.09B	21.60		0.96%	-0.87%	-82.44%
ORIENTELEC	63 Neutral	₹44.93B	52.01		0.71%	8.62%	23.56%
BOROLTD	58 Neutral	₹39.92B	53.64		―	0.46%	-3.14%
LUXIND	56 Neutral	₹38.30B	23.17		0.15%	13.87%	5.50%
JISLDVREQS	56 Neutral	₹33.69B	55.95		―	-1.30%	-52.73%
Sector *	53 Neutral	C$5.41B	6.76	11.95%	3.33%	4.99%	-1.01%

TCPL Packaging Limited Corporate Events

TCPL Packaging Limited’s 37th AGM Approves All Business Items

TCPL Packaging Limited, a company listed on the Bombay Stock Exchange and the National Stock Exchange of India, held its 37th Annual General Meeting (AGM) on July 31, 2025, via video conferencing. During the meeting, all items of business were approved by the shareholders with the requisite majority, as confirmed by the scrutinizer’s report. The company provided remote e-voting and insta vote facilities to its shareholders, ensuring compliance with relevant regulations.