ALPHA TRIBE

TCPL Packaging LimitedOthers, 07-07-2025: Shareholders meeting

07-07-2025 | 05:44 pm

TCPL Packaging Limited, a leader in India's packaging sector, operates nine advanced manufacturing facilities and serves diverse industries with paperboard and flexible packaging solutions. For FY 2024-25, it reported consolidated revenue from operations of ₹1770.26 Cr, a 15% increase, with EBITDA up 16.56% at ₹293.10 Cr and cash profit rising 20.9% to ₹249.2 Cr. The company’s strong financial position is supported by prudent capital management with a steady gearing ratio of 0.88. It expanded its manufacturing footprint with a new greenfield facility near Chennai and is establishing a gravure cylinder manufacturing plant to enhance backward integration. TCPL maintains a focused ESG strategy, achieving a 50% increase in renewable energy use, setting a carbon neutrality target for Scope 1 and 2 emissions by 2040, and sourcing 57.71% of raw materials as biodegradable. Investments are aligned towards sustainability, with 83% of capex dedicated to ESG-related technologies and 17% of R&D focused on environmental and social impact improvements. The company’s workforce comprises over 3,500 employees and workers with comprehensive training, strong health and safety systems, and inclusive policies. TCPL continues to deepen customer relationships, improve operational efficiencies, and pursue strategic growth opportunities domestically and internationally, including expanding exports which grew 31.18% to ₹604.14 Cr. The Board has recommended a record dividend of ₹30 per equity share.

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