TPL Plastech Limited
Incorporated in 1992, TPL PlastechLtd manufactures and sells PolymerProducts
What TPL files
- Others41
- Board Meeting12
- Updates11
- Dividend/Bonus3
- Important3
- Results2
Board gave in-principle nod for merger of TPL Plastech (Turnover ₹232 Cr) with parent Time Technoplast (Turnover ₹4,000 Cr). Aims to consolidate group structure, boost efficiency & synergy. New CFO appointed.
TPL Plastech commenced IBC manufacturing at its new Bhuj facility, with an annual capacity of 1,50,000 units. This strategic expansion is projected to generate an additional ₹100 Cr in revenue, strengthening its industrial packaging solutions and market presence.
TPL Plastech's Q1 FY27: Revenue +37.6% (₹124.39 Cr), PAT +19.6% (₹6.54 Cr), Volume +12.1%. Investing ₹5 Cr in solar (₹4 Cr annual savings) and ₹20 Cr for Bhuj expansion by Q3 FY27, targeting 15% p.a. volume growth.
TPL Plastech reported Q1 revenue of 124.38 Cr and PAT of 6.5 Cr. The board approved an Independent Director appointment and re-constituted committees. Limits for future related party transactions were set: 500 Cr with Time Technoplast and 150 Cr with Avion Exim.
TPL Plastech delivered strong Q3 results: Revenue up 22%, PAT up 25%, driven by 25% volume growth. Strategic investments of ₹15 Cr in automation and ₹5 Cr in solar target higher ROCE. Debt reduced by ₹26.8 Cr. A new automated facility by FY27 aims for 20% CAGR.