TCPL Packaging's Q2 FY 2025-26 Quarterly Results

Result Summary

• TCPL Packaging Ltd reported a 10.0% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 1.4%.
• Its expenses for the quarter were up by 8.6% QoQ and 3.3% YoY.
• The net profit increased 28.7% QoQ and decreased 19.2% YoY.
• The earnings per share (EPS) of TCPL Packaging Ltd stood at 31.56 during Q2 FY 2025-26.

Financial Statments for Q2 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, primarily focusing on the production of a wide range of packaging solutions. These include printed folding cartons, litho-laminated cartons, and flexible packaging. The company serves various sectors, including food and beverage, FMCG, and pharmaceuticals, providing tailored packaging solutions to meet diverse customer needs. TCPL Packaging Ltd has been recognized for its commitment to quality, innovation, and sustainability, ensuring that its products meet high standards while also contributing to environmental conservation. Recent developments in the company may include expansions, technological upgrades, or strategic partnerships, though specific details on such developments are not available in the provided data.

Revenue

In the second quarter of FY26, TCPL Packaging Ltd recorded a total income of ₹469.57 crores. This represented a 10.0% increase from the previous quarter's income of ₹426.99 crores and a 1.4% increase compared to the same quarter in the previous fiscal year, which was ₹463.27 crores. These figures highlight a positive movement in revenue, reflecting changes over both the quarter-over-quarter (QoQ) and year-over-year (YoY) periods. The rise in total income could be attributed to various factors such as increased demand for packaging solutions, price adjustments, or expanded market reach.

Profitability

The company's profitability in Q2FY26 displayed a mixed performance. Profit Before Tax (PBT) was ₹37.19 crores, showing a substantial QoQ increase of 28.9% from ₹28.85 crores in Q1FY26. However, there was a YoY decline of 16.6% from ₹44.60 crores in Q2FY25. The tax expense for the quarter was ₹8.47 crores, representing a 29.7% increase QoQ but a 6.5% decrease YoY. Consequently, Profit After Tax (PAT) stood at ₹28.72 crores, which was 28.7% higher than the previous quarter's ₹22.32 crores but 19.2% lower than the previous year's ₹35.54 crores. Earnings Per Share (EPS) followed a similar pattern, increasing QoQ to ₹31.56 from ₹24.52 but decreasing YoY from ₹39.05.

Operating Metrics

Total expenses for TCPL Packaging Ltd in Q2FY26 were ₹432.37 crores. This marked an 8.6% rise from the previous quarter's expenses of ₹398.14 crores and a 3.3% increase from ₹418.67 crores in Q2FY25. The increase in expenses over both time frames might reflect higher operational costs, which could include raw material prices, labor costs, or other overheads. Despite these rising expenses, the company managed to achieve a significant QoQ improvement in its PBT. The consistent increase in expenses highlights the company's operational challenges and financial strategies to manage costs while maintaining profitability.