TCPL Packaging's Q1 FY 2025-26 Quarterly Results

Result Summary

• TCPL Packaging Ltd reported a 6.5% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Jun (Q1 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 4.9%.
• Its expenses for the quarter were up by 9.6% QoQ and 8.8% YoY.
• The net profit decreased 23.1% QoQ and decreased 29.6% YoY.
• The earnings per share (EPS) of TCPL Packaging Ltd stood at 24.5 during Q1 FY 2025-26.

Financial Statments for Q1 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

TCPL Packaging Ltd is a prominent player in the packaging industry, focusing on providing innovative and sustainable packaging solutions. The company is known for manufacturing a variety of packaging materials, including flexible and carton packaging, catering primarily to the fast-moving consumer goods (FMCG) sector. TCPL Packaging Ltd operates in a competitive market, serving a diverse clientele with its wide range of products. As of the latest data available, there are no specific recent major developments or changes in the company's strategic direction. However, the company continues to emphasize its commitment to quality and customer satisfaction.

Revenue

For the first quarter of the fiscal year 2026 (Q1FY26), TCPL Packaging Ltd reported a total income of ₹426.99 crores. This figure represents a 6.5% increase compared to the previous quarter (Q4FY25), where the total income was ₹401.04 crores. Additionally, when compared to the same quarter in the previous year (Q1FY25), which had a total income of ₹407.22 crores, there is a 4.9% year-over-year increase. The upward trend in total income indicates that the company experienced growth in its revenue streams over both the quarterly and yearly periods under review.

Profitability

During Q1FY26, TCPL Packaging Ltd's profit before tax amounted to ₹28.85 crores, a notable decrease from ₹37.69 crores in Q4FY25, marking a QoQ decline of 23.5%. Compared to the same quarter last year (Q1FY25), where the profit before tax was ₹41.31 crores, there is a YoY decline of 30.2%. The profit after tax for Q1FY26 stood at ₹22.32 crores, down from ₹29.03 crores in the previous quarter and ₹31.72 crores in Q1FY25, reflecting decreases of 23.1% QoQ and 29.6% YoY, respectively. Earnings per share followed a similar trend, declining to ₹24.50 in Q1FY26 from ₹31.90 in Q4FY25, and from ₹34.90 in Q1FY25, with respective declines of 23.2% QoQ and 29.8% YoY.

Operating Metrics

The total expenses for TCPL Packaging Ltd in Q1FY26 were ₹398.14 crores, an increase of 9.6% from ₹363.35 crores in the previous quarter and an increase of 8.8% from ₹365.91 crores in the same quarter of the previous year. The tax expense for Q1FY26 was ₹6.53 crores, reduced from ₹8.66 crores in Q4FY25 and ₹9.59 crores in Q1FY25, marking decreases of 24.6% QoQ and 31.9% YoY. These figures suggest that while the company managed to increase its total income, it also encountered rising expenses and tax reductions, which impacted its profitability metrics. The overall financial performance in terms of operating metrics highlights the dynamic shifts in cost management and revenue generation within the company's operations during the reviewed periods.