TCPL Packaging Q4 FY26: PAT drops 43%, dividend ₹25

Q4 FY26 earnings set the tone

TCPL Packaging Ltd reported a sharp year-on-year decline in profitability for the quarter ended March 2026, even as its operating metrics showed mixed movement. Net profit for Q4 FY26 stood at ₹21.72 crore, down 42.87% compared with the same quarter last year. The company also reported a sequential decline, with profit down 13.26% versus the previous quarter.

The March 2026 quarter numbers matter because they close out the FY26 reporting cycle and shape how investors read into the next set of results. For TCPL Packaging, the immediate focus is on how costs and operating margins moved alongside revenue and EBIT. The company has also outlined near-term investor communication, with a scheduled results announcement and conference call in August 2026.

Key quarterly financials for March 2026

For the quarter ended March 2026, TCPL Packaging reported Total Income of ₹465.24 crore. Total Expenses were ₹407.25 crore, resulting in EBIT of ₹57.99 crore. EBIT margin for the quarter was 12.47%.

On a sequential basis, the company disclosed that Total Income declined 1.80% and Total Expenses declined 3.78%. EBIT rose 14.71% quarter-on-quarter in March 2026. However, Profit after Tax (PAT) fell to ₹21.72 crore, reflecting the decline in bottom line despite higher EBIT.

Profit trajectory: YoY and QoQ pressure

TCPL Packaging’s net profit fell 42.87% year-on-year to ₹21.72 crore in Q4 FY26. The company also recorded a 13.26% fall in net profit on a quarterly growth basis.

The quarterly trend in the provided financial table shows PAT of ₹25.04 crore in Dec 2025, ₹28.72 crore in Sep 2025, ₹22.32 crore in Jun 2025, and ₹38.02 crore in Mar 2025. Over the same periods, the PAT growth (%) line reflects volatility: -12.83% (Dec 2025), 28.71% (Sep 2025), -41.31% (Jun 2025), and 0.77% (Mar 2025).

Income, expenses, and operating margin snapshot

The March 2026 quarter shows a slight decline in Total Income (₹465.24 crore) compared with Dec 2025 (₹473.79 crore). Expenses also fell from ₹423.24 crore in Dec 2025 to ₹407.25 crore in Mar 2026.

EBIT improved to ₹57.99 crore from ₹50.56 crore in Dec 2025, and EBIT margin increased to 12.47% from 10.67%. Despite that, the reported PAT was lower, underscoring that items below the EBIT line influenced the quarter’s final profit outcome.

Dividend declared: ₹25 per share

In the quarter ending March 2026, TCPL Packaging declared a dividend of ₹25.00 per share on 28 May 2026. The dividend translates to a dividend yield of 1.75%, as stated in the provided information.

Dividend announcements are typically tracked closely when earnings are volatile. In this case, the declared dividend provides an additional data point for shareholders reviewing FY26 performance and expectations from upcoming quarters.

FY26 scale: total income and profitability

For the full year FY26, TCPL Packaging’s total income reached ₹1,835.6 crore. The company reported this as a 3% year-on-year increase from ₹1,784.6 crore in FY25.

The FY26 EBITDA (including other income) was ₹317.7 crore, also up 3% year-on-year from ₹307.4 crore in FY25. Separately, the provided text also notes that revenue reached ₹1,835.59 crore and profit touched ₹97.8 crore for FY2026–2027, as stated in the source material.

Recent quarter disclosures: Q1 FY26 and Q3 FY26

The data set also references Q1 FY26 performance, where TCPL Packaging reported consolidated revenues of ₹424.7 crore, up 5% year-on-year, with domestic demand described as resilient despite market uncertainties.

For Q3 FY26 un-audited results, the company reported standalone revenue of ₹446.95 crore (down 0.77% YoY) and PAT of ₹24.95 crore (down 34.72% YoY). Consolidated revenue was ₹464.95 crore (down 1.55% YoY) with PAT at ₹25.04 crore (down 33.63% YoY). The Q3 FY26 summary also includes: revenue ₹471.2 crore vs ₹479.7 crore in Q3 FY25 (change -2%), EBITDA ₹81 crore vs ₹70.6 crore (change 15%), PBT ₹46.7 crore vs ₹48.3 crore (change -3%), PAT ₹25 crore vs ₹37.7 crore (change -34%), and EPS of ₹27.5 for Q3 FY26.

Q1 FY27 schedule: results and investor call

TCPL Packaging Limited announced its conference call schedule for Q1 FY27 financial results. The company is set to release its financial results on August 11, 2026, followed by an investor conference call on August 12, 2026, at 2:30 PM IST.

The dial-in details provided include +91 22 6280 1141 and +91 22 7115 8042. This schedule sets a clear near-term milestone for investors tracking quarter-on-quarter changes after the March 2026 earnings.

Market snapshot: market cap and share price prints

As of Jun 2026, TCPL Packaging’s market capitalisation stood at ₹2,865.50 crore. The stock price was stated as ₹3,255.00 as on 11 Aug, 2026, 09:42 AM IST. The provided material also includes a separate line stating the current share price of TCPL Packaging as ₹2,628.

These data points indicate the levels cited in the source set around the August 2026 timeline, alongside the scheduled Q1 FY27 results communication.

Key data table: March 2026 quarter metrics

The following table summarises the key operational and profitability line items for March 2026 from the provided quarterly financial snapshot.

What investors may track next

With Q4 FY26 showing a year-on-year PAT decline of 42.87% and a sequential drop of 13.26%, the next key checkpoint is the Q1 FY27 results slated for August 11, 2026, and the follow-up call on August 12. The FY26 annual totals of ₹1,835.6 crore in total income and ₹317.7 crore in EBITDA (including other income) provide context on scale, but quarter-level profit volatility remains central.

Another area of attention is the relationship between EBIT movement and net profit movement, especially since March 2026 recorded higher EBIT versus December 2025 but lower PAT. The declared dividend of ₹25 per share, with a stated yield of 1.75%, is also likely to remain part of shareholder discussions alongside the company’s upcoming quarterly commentary.