TPL Plastech Limited (TPLPLASTEH) AI Stock Analysis

• Market Cap: ₹5.80B
• Dividend Yield: 1.34%
• Average Volume (3M): 3.89K
• Price to Earnings (P/E): 23.6
• Beta (1Y): 1.33
• Revenue Growth: 12.96%
• EPS Growth: 18.93%
• Country: IN
• Employees: 157
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Packaging & Containers
• EPS (TTM): 0.70
• Shares Outstanding: 78,003,000
• 10 Day Avg. Volume: 4,501
• 30 Day Avg. Volume: 3,892
• PEG Ratio: 1.36
• Price to Book (P/B): 4.12
• Price to Sales (P/S): 1.74
• P/FCF Ratio: -75.82
• 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: ₹83.00
• Price Target Upside: 11.68% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 68 Neutral
• Price Target: ₹83.00 ▲(11.68% Upside)

TPL Plastech Limited's overall stock score is driven by strong financial performance, reflecting consistent revenue growth and operational efficiency. However, technical indicators suggest a lack of strong momentum, and the valuation is moderate with limited dividend yield. Strategic focus on cash flow and leverage will be key to future success.

TPL Plastech Limited Business Overview & Revenue Model

Company Description

TPL Plastech Ltd. is a holding company, which engages in the manufacture of plastic and polymer products. The company is headquartered in Mumbai, Maharashtra. The firm's segment includes polymer products and all its business operations are in India. The firm offers narrow mouth drums of 210, 235 and 250 liters capacity. The company offers narrow mouth and wide mouth carboys with capacities of 25 and 35 liters narrow mouth, 50 liters rocket type, 50 liters wide mouth, 50 liters two opening, 100 liters narrow mouth and 100 liters wide mouth. The firm provides open top drums-bulk and medium with capacities of 35, 50, 60, 210 and 235 liters. The company also offers polyethylene (PE) pipes in various material grades, PE-63, PE-80 and PE-100, in range of 20 millimeter outer diameter (OD) to 280 millimeter OD. The firm's PE pipes are used in applications, such as portable water services or distribution lines, sewerage and drainage, cable ducting, natural gas distribution, irrigation, waste disposal, industrial application and offshore pipeline installation.

How the Company Makes Money

TPL Plastech Limited generates revenue through the sale of its diverse range of plastic packaging solutions. The company's key revenue streams include the manufacturing and distribution of HDPE drums and containers, which are widely used across multiple industries for their durability and reliability. TPL Plastech benefits from established relationships with major clients in the chemicals and pharmaceuticals sectors, which contribute significantly to its earnings. Additionally, the company may engage in strategic partnerships to expand its market reach and leverage its production capabilities, thereby enhancing its revenue potential.

TPL Plastech Limited Financial Statement Overview

Summary

TPL Plastech Limited demonstrates strong revenue growth and operational efficiency, with a stable financial position. Effective cost management and improved profitability are evident, though attention to debt levels and cash flow management is necessary for sustainable growth.

Income Statement

TPL Plastech Limited has demonstrated consistent revenue growth over the past few years, with a particularly strong increase in the most recent year. The gross profit margin is healthy, indicating effective cost management. The net profit margin has also improved, reflecting stronger profitability. EBIT and EBITDA margins are stable, showing efficient operations. However, there's room for improvement in further enhancing profitability.

Balance Sheet

The company maintains a solid balance sheet with a reasonable debt-to-equity ratio, indicating a balanced approach to leverage. Return on equity has shown improvement, suggesting increased profitability for shareholders. The equity ratio is strong, highlighting financial stability. However, the increase in total debt over the years poses a potential risk that needs careful monitoring.

Cash Flow

TPL Plastech Limited has experienced variability in cash flows, with a recent decline in free cash flow. The operating cash flow to net income ratio indicates good cash generation from operations, though the free cash flow to net income ratio is lower, pointing to capital expenditure impacts. The company should focus on improving free cash flow generation to support growth and financial flexibility.

Breakdown	TTM	Dec 2025	Dec 2023	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	3.49B	3.49B	2.71B	3.13B	2.28B	1.70B
Gross Profit	679.92M	716.80M	554.36M	502.70M	382.56M	308.40M
EBITDA	406.79M	406.47M	323.72M	367.87M	281.46M	209.13M
Net Income	235.93M	235.93M	160.34M	198.48M	133.01M	80.05M
Balance Sheet
Total Assets	2.45B	2.45B	2.24B	2.32B	2.07B	1.90B
Cash, Cash Equivalents and Short-Term Investments	54.81M	54.81M	47.96M	49.82M	39.48M	36.19M
Total Debt	457.46M	457.46M	441.21M	315.70M	201.91M	285.63M
Total Liabilities	977.50M	977.50M	1.09B	1.01B	1.04B	980.63M
Stockholders Equity	1.48B	1.48B	1.15B	1.30B	1.03B	919.19M
Cash Flow
Free Cash Flow	0.00	-80.14M	-192.47M	134.66M	174.45M	167.10M
Operating Cash Flow	0.00	163.21M	-17.58M	292.79M	229.94M	205.46M
Investing Cash Flow	0.00	-224.52M	-98.84M	-56.83M	-43.69M	-35.10M
Financing Cash Flow	0.00	61.23M	116.19M	-235.41M	-188.38M	-186.95M

TPL Plastech Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 74.32
• 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:TPLPLASTEH, the sentiment is Negative. The current price of 74.32 is below the 20-day moving average (MA) of 75.30, below the 50-day MA of 75.80, and below the 200-day MA of 82.45, indicating a bearish trend. The MACD of -0.47 indicates Positive momentum. The RSI at 44.70 is Neutral, neither overbought nor oversold. The STOCH value of 17.07 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:TPLPLASTEH.

TPL Plastech Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TPLPLASTEH	68 Neutral	₹5.80B	23.57	―	1.34%	12.96%	18.93%
KUANTUM	68 Neutral	₹9.70B	10.89	9.50%	2.70%	-11.03%	-43.24%
OCCL	68 Neutral	₹1.70B	16.19	3.91%	8.25%	-76.65%	-76.77%
DMCC	64 Neutral	₹7.64B	27.36	9.46%	0.82%	44.95%	184.17%
TOKYOPLAST	52 Neutral	₹1.18B	116.14	2.14%	―	4.73%	-23.53%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%