TCPL Packaging share price today

TCPL Packaging Ltd's share price was ₹4,558.60 at the close on 5 November 2026. It has been rising for 13 weeks. That is 32.0% above its average price over the last 200 trading days. In the last 52 weeks it traded between ₹2,320 and ₹4,559, and at that close it was at the high of that range.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today TCPL Packaging Ltd is in stage 2. The phase helps read everything below.

Over the past 13 weeks it has done better than the NIFTY 500, and it has stayed ahead for 19 weeks in a row.

Over the last 11 years the share price moved +810% while the NIFTY 500 moved +251%, so it is ahead of the index over that whole period. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

Three changes stood out: profit grew again in the June 2026 quarter, indian funds and insurers (DIIs) raised their stake for 6 quarters in a row and highest quarterly profit in 15 quarters.

1. Profit grew again in the June 2026 quarter

   Profit was ₹40 crore, +81.8% on a year earlier (₹22 crore), after 4 quarters of decline.

   Why: Profit rose because flexible packaging grew faster than other businesses, helped by strong domestic demand.

   Next results: check whether repricing catches up after the stated lag without margin pressure.

   From the earnings call on 12 Aug 2026.

2. Indian funds and insurers (DIIs) raised their stake for 6 quarters in a row

   From 11.6% to 14.8% of the company by the September 2026 quarter.

3. Highest quarterly profit in 15 quarters

   Profit of ₹40 crore in the June 2026 quarter is the highest of the last 15 quarters.

For April to June 2026 (the quarter ended 30 June 2026), TCPL Packaging reported revenue of ₹493 crore, up 16.0% from ₹425 crore a year earlier, and a profit of ₹40.0 crore, up 81.8% from ₹22.0 crore.

TCPL Packaging results: April to June 2026 against a year earlier

The next results, for July to September 2026, are due by 14 November 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter).

TCPL Packaging's management discussed these results on a call held on 12 August 2026; what it said is further down this page.

From the company's reported quarterly results (quarter ended 30 June 2026). Revenue and profit in ₹ crore.

TCPL Packaging closed at ₹4,558.60 on 5 November 2026, up 37.1% from ₹3,325.35 a year earlier (7 November 2025) and up 738.1% over five years. Its highest weekly close since March 2016 was ₹4,666.60 on 7 March 2025.

TCPL Packaging share price: then and now

Weekly closing prices. Each change is the move from that price to the 5 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes.

561 weekly closes from 11 March 2016 to 5 November 2026.

5 Nov 2026: TCPL Packaging closed at ₹4,558.60, up 3.5% on the week and up 6.8% on the month. 12 Aug 2026: TCPL Packaging held its results call for April to June 2026. Management guided: Flexible packaging high-speed line planned for January-February next year, adding approximately 30% capacity; capital spending indicated at approximately ₹50-60 crore (transcription unclear)

Earlier

• 4 Aug 2026: ex-date for a dividend of ₹25 a share.
• Results for April to June 2026: Revenue up 16.0% and profit up 81.8% on a year earlier.

TCPL Packaging paid ₹25 a share in regular dividends in the 12 months to 5 November 2026 (1 payment), a yield of 0.55% at the ₹4,558.60 close on 5 November 2026. The last was a dividend of ₹25 a share, ex-date 4 August 2026.

TCPL Packaging dividends since 1 April 2021

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. The record date is the same day as the ex-date for every payment here.

Yes. TCPL Packaging Ltd paid out 23% of its profit as dividends in FY26, and it paid a dividend in each of its last 7 reported years.

From the NSE corporate-actions record, read 5 November 2026.

On the call for April to June 2026, held on 12 August 2026, TCPL Packaging's management guided: Flexible packaging high-speed line planned for January-February next year, adding approximately 30% capacity; capital spending indicated at approximately ₹50-60 crore (transcription unclear)

“The return arithmetic on this, based on our calculations, meets our criteria as a company very well. So, if it works out well, it can definitely be more attractive than the returns from our existing business because it is a very specialized field.”Saket Kanoria, MD & CEO, on the call for April to June 2026

What management guided

• Separator project spending approximately ₹125 crore over the next 18 months; commercial production planned for January to March 2028.
• Separator customer qualification and testing expected during FY29, with commercial supply commencing during that period as cell-makers scale.
• 500 million square meter vision discussed at around ₹1,100-1,200 crore, potentially ₹1,200-1,300 crore as prices evolve (estimate unclear)
• FY27 non-separator capital spending budget ₹100 crore; separator land spend adds approximately ₹30-40 crore, taking total FY27 capital spending to approximately ₹100-150 crore; FY28 expected at least similar and possibly higher depending on carton performance.

Management’s own plans and goals, from our notes of the call. A plan is not a result.

Source: the call transcript.

From the call for April to June 2026, 12 August 2026.

When TCPL Packaging reports July to September 2026, these are the 4 checks that show whether the story is still on course. First: Packaging capacity execution - check the flagged flexible-line commissioning window and whether Chennai's improving ramp triggers the next expansion decision.

TCPL Packaging is on 2 of our India lists: Momentum stocks and 52 week high & low.

TCPL Packaging Ltd earned ₹40.0 Cr of net profit in the Jun 2026 quarter, +81.8% on the same quarter a year earlier. Full-year FY26 profit was ₹98.0 Cr. Over 6 years profit has grown 17.6% a year on average. That is 8.1% of the quarter's revenue. The same quarter a year earlier earned ₹22.0 Cr.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

For the full year, FY26 profit was ₹98.0 Cr (−31.5% on the year before).

Why profit moved: revenue changed +16.0% on a year earlier and the margin moved +0.0 percentage points. Sales did the work, and the margin was about flat.

On average over the last four quarters, profit changed −3.5% and revenue +5.3%. Profit is growing slower than sales: rising costs are taking part of the growth.

TCPL Packaging Ltd reported ₹493 Cr of revenue in the Jun 2026 quarter, +16.0% on the same quarter a year earlier. That is the 2nd quarter in a row with growth on the year before. Over 6 years it has grown 12.6% a year on average. The last full year, FY26, came in at ₹1,810 Cr.

Revenue is everything the company billed its customers in the period.

The last four reported quarters add to ₹1,878 Cr.

FY26 revenue was ₹1,810 Cr, +2.3% on the year before.

Recent pace: the last four quarters grew +5.3% on average, against 12.6% a year over the longer run, so this year is growing slower than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew +4.9%, against +9.1% a year over the last 8 quarters (rolling over); profit over the last 12 months grew −13.4%, against +3.6% a year (rolling over).

TCPL Packaging Ltd's operating margin was 17.0% in the Jun 2026 quarter, about the same as the same quarter a year ago. Across 7 years it has been between 14.0% and 17.0%. The latest quarter is within that range.

Operating margin is what is left from every ₹100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

In the latest quarter it moved +0.0 percentage points on the same quarter a year ago.

Why the margin moved: operating margin changed +0.3 percentage points on the year while gross margin changed −0.5 points. So the gain came mostly from the gross margin, which means input costs and prices charged.

Over the last 3 years, 188% of TCPL Packaging Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹271 Cr of operating cash against ₹98.0 Cr of profit. After ₹153 Cr of spending on assets, ₹118 Cr was left over as free cash.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

Why 188% of profit came in as cash: the cash cycle got 24 days longer between FY21 and FY26, so more of each rupee of profit waits in the business before it arrives.

What to look at next: the bigger use of cash is spending on new assets, at 2.2× depreciation over three years. The next section checks what that spending is building.

TCPL Packaging Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 98 days in FY26, up from 74 days in FY21. It spent ₹511 Cr on assets over the last 3 years. Customers take 93 days to pay, and stock sits for 85 days on average.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

At FY26 sales of ₹1,810 Cr, each day of that cycle ties up about ₹5.0 Cr, so roughly ₹486 Cr is tied up in the business at any time.

FY26: customers took 93 days to pay and stock sat for 85 days, about 2.8 months of sales sitting as stock, for a full cycle of 98 days, longer than FY21's 74.

The full loop: cash goes out to suppliers and production on day 0. Stock sits for 85 days. Customers pay about 93 days after that. Suppliers are paid at 80 days. Together that makes the 98-day cycle.

Spending on assets: ₹511 Cr over the last 3 years, against ₹230 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹10.0 Cr (FY26): assets paid for that are not earning yet.

In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns.

TCPL Packaging Ltd's P/E is 33.3×, about the highest it has ever been. Its usual P/E (the middle reading) is 19.1×, over 6.4 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many rupees the market pays for each rupee of yearly profit.

The P/E here, and its history, use a profit figure that can leave out one-off items, so it can differ from a P/E worked out on the quarterly results. Those results' earnings per share for the four quarters to Jun 2026 add up to ₹126.92.