TCPL Packaging Limited (IN:TCPLPACK)
:TCPLPACK
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TCPL Packaging Limited
(TCPLPACK)
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Rating:65Neutral
Price Target:
₹2,803.00
▼(-21.19% Downside)
Action:Reiterated
Date:05/29/26
The score is driven primarily by solid financial performance (growth and improved leverage), offset by mixed technicals showing below-average momentum and a negative MACD. Valuation is moderate with a modest dividend yield, providing some support but not enough to outweigh the weaker technical setup.
Positive Factors
Improved leverage and stronger balance sheet
A sharp decline in total debt while equity built meaningfully strengthens financial resilience. This durable improvement increases flexibility for capex, working-capital needs, or cyclical downturns and reduces refinancing risk over the next several quarters.
Negative Factors
Meaningful net income decline in 2026
A significant drop in net income despite stable operating profit suggests margin pressure below the operating line or one-off costs. Persistent earnings volatility undermines predictability of retained earnings, dividends, and the company’s ability to steadily de-lever over time.
Read all positive and negative factors
Positive Factors
Negative Factors
Improved leverage and stronger balance sheet
A sharp decline in total debt while equity built meaningfully strengthens financial resilience. This durable improvement increases flexibility for capex, working-capital needs, or cyclical downturns and reduces refinancing risk over the next several quarters.
Read all positive factors
TCPL Packaging Limited (TCPLPACK) vs. iShares MSCI India ETF (INDA)
Market Cap
₹23.29B
Dividend Yield1%
Average Volume (3M)195.00
Price to Earnings (P/E)23.8
Beta (1Y)0.86
Revenue Growth2.26%
EPS Growth-31.65%
CountryIN
Employees2,228
SectorConsumer Goods
Sector StrengthN/A
IndustryPackaging & Containers
Share Statistics
EPS (TTM)139.32
Shares Outstanding9,100,000
10 Day Avg. Volume177
30 Day Avg. Volume195
Financial Highlights & Ratios
PEG Ratio-0.67
Price to Book (P/B)2.89
Price to Sales (P/S)1.15
P/FCF Ratio33.41
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)183.2
Revenue Forecast (FY)₹21.89B
TCPL Packaging Limited Business Overview & Revenue Model
Company Description
TCPL Packaging Limited manufactures and sells packaging products in India. It offers folding cartons, printed blanks and outers, litho-lamination products, plastic cartons, and blister and shelf-ready packaging products, as well as printed cork-ti...
How the Company Makes Money
TCPL Packaging Limited primarily makes money by selling manufactured packaging products to business customers. Its core revenue stream comes from the production and sale of printed paperboard cartons and other paper-based packaging formats, typica...
TCPL Packaging Limited Financial Statement Overview
Summary
Income Statement
72
Positive
Balance Sheet
78
Positive
Cash Flow
70
Positive
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 17.73B | 18.10B | 17.70B | 15.23B | 14.59B | 10.73B |
| Gross Profit | 6.19B | 4.96B | 5.21B | 2.45B | 5.54B | 2.93B |
| EBITDA | 3.12B | 2.09B | 3.07B | 2.59B | 2.62B | 1.58B |
| Net Income | 1.27B | 977.96M | 1.43B | 1.01B | 1.11B | 473.47M |
Balance Sheet | ||||||
| Total Assets | 17.17B | 17.16B | 16.12B | 13.28B | 12.18B | 10.72B |
| Cash, Cash Equivalents and Short-Term Investments | 153.53M | 200.16M | 175.05M | 218.33M | 79.14M | 97.58M |
| Total Debt | 6.91B | 3.90B | 6.51B | 5.04B | 5.01B | 4.63B |
| Total Liabilities | 10.48B | 9.97B | 9.68B | 8.02B | 7.75B | 7.29B |
| Stockholders Equity | 6.69B | 7.19B | 6.44B | 5.26B | 4.42B | 3.40B |
Cash Flow | ||||||
| Free Cash Flow | 303.17M | 620.85M | -802.25M | 880.57M | 93.99M | -923.85M |
| Operating Cash Flow | 919.75M | 2.16B | 786.37M | 2.34B | 1.09B | 969.72M |
| Investing Cash Flow | -626.69M | -1.42B | -1.51B | -1.57B | -899.61M | -1.95B |
| Financing Cash Flow | -338.41M | -706.82M | 730.62M | -760.88M | -217.33M | 1.01B |
TCPL Packaging Limited Technical Analysis
Negative
3556.45
Price Trends
2551.87
Positive
2658.08
Negative
2977.63
Negative
Market Momentum
-11.78
Positive
45.23
Neutral
44.59
Neutral
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 3556.45 is above the 20-day moving average (MA) of 2652.58, above the 50-day MA of 2551.87, and above the 200-day MA of 2977.63, indicating a neutral trend. The MACD of -11.78 indicates Positive momentum. The RSI at 45.23 is Neutral, neither overbought nor oversold. The STOCH value of 44.59 is Neutral, 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
UnderperformOutperform
Sector (57)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
68 Neutral | ₹23.35B | 32.16 | ― | 0.67% | 13.48% | 20.34% | |
65 Neutral | ₹23.29B | 23.83 | ― | 1.00% | 2.26% | -31.65% | |
65 Neutral | ₹6.38B | 8.07 | ― | 0.41% | 5.75% | 66.42% | |
64 Neutral | ₹12.38B | 10.49 | ― | 0.95% | -1.92% | 33.51% | |
62 Neutral | ₹30.66B | 10.57 | ― | 0.62% | 3.49% | ― | |
57 Neutral | $3.13B | 9.23 | -34.32% | 3.14% | -25.56% | -353.61% | |
45 Neutral | ₹1.61B | 20.34 | ― | 0.29% | 12.71% | 18.94% |
* Consumer Goods Sector Average
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TCPL Packaging Limited Corporate Events
TCPL Packaging Injects Rs. 2.29 Crore into Subsidiary to Tap Mobile Phone Packaging Boom
Mar 24, 2026
TCPL Packaging Limited has invested Rs. 2.29 crore in the rights issue of its wholly owned subsidiary, Creative Offset Printers Private Limited, receiving 40,317 additional equity shares without altering its 100% ownership. The related-party trans...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.