TCPL Packaging Q4 FY26: Revenue rises, margins steady, PAT falls

Consolidated total income in Q4 FY26 was 465.2 crore, EBITDA (including other income) was 80.8 crore, and PAT was 21.7 crore.

FY26 consolidated total income was 1,835.6 crore versus 1,784.6 crore in FY25, while PAT was 97.8 crore versus 143.0 crore in FY25.

Management stated margins were impacted by elevated raw material costs and the timing lag in passing on cost inflation.

The presentation reports net worth of 718.8 crore, cash and investments of 20.0 crore, net debt of 554.7 crore, and net working capital days of 96 (as of 31 March 2026).

TCPL stated it received an EcoVadis Bronze Medal in its first assessment (top 35 percent) and has a target of carbon neutrality for Scope 1 and Scope 2 emissions by 2040. It also participated in UN Global Compact Network India for Apr 2026 to Mar 2027.

The Board recommended a dividend of 25 per share for FY26, stated as the 26th consecutive year of uninterrupted payouts.

Management stated flexible packaging capacity utilisation was healthy and the last commissioned line operated at optimal levels, the Chenani greenfield facility continued to scale with customer traction, and the Silvassa gravure cylinder facility ramped up to strengthen backward integration.