TCPL Packaging Limited — PPTs, 14-11-2025: Investor Presentation

TCPL Packaging posted steady Q2 FY26 consolidated revenue of Rs. 460.5 Cr, largely flat year-on-year amidst a subdued demand environment and GST recalibrations. EBITDA was Rs. 69.4 Cr, down 9.7% YoY, with margins at 15.1%. Profit after tax (PAT) declined 19.1% to Rs. 28.7 Cr, impacted by higher depreciation and interest costs. Diluted EPS stood at Rs. 31.56.

The company's diversified portfolio across paperboard and flexible packaging helped maintain operational stability. A key growth driver is the newly commissioned Chennai Greenfield plant, which is ramping up well and strengthening its presence in Southern India. Management is focused on operational excellence, product mix expansion, and diversification for long-term value creation. They anticipate GST rationalization to boost underlying demand, and the Chennai plant aims for optimal utilization in coming quarters.