TPL Plastech Q1 FY27 preview: ₹104-120 cr range

Key trigger: Q1 FY27 results season approaches

TPL Plastech’s Q1 FY27 results are expected in the July-August 2026 window, in line with the broader NSE and BSE results season for the quarter ended June 2026. Market attention has increased as investors position ahead of the print, with multiple data points in circulation on the stock’s trading price and valuation metrics. In the provided information, the company is referenced at prices around ₹71 to ₹83 per share, with market capitalisation figures cited in a band of about ₹549 crore to ₹645 crore. A separate market snapshot table lists a P/E of 19.71, while a preview note describes the P/E as “not meaningful.”

What is consistent across the disclosures is the company’s recent operating momentum and the formal corporate actions announced after the FY26 close, including the recommendation of a final dividend for FY26. The board has also considered and approved the audited consolidated and standalone financial results for the quarter and year ended 31 March 2026.

Business profile and product mix

TPL Plastech Ltd is engaged in manufacturing extrusion blow moulded high molecular high density polyethylene (HDPE) containers and barrels in India. The company’s product set includes HDPE drum containers with capacities of 20 to 250 litres, used mainly for bulk packaging. End-use sectors mentioned include speciality chemicals, paints and inks, pharmaceutical products, and fast-moving consumer goods.

The data also highlights volume growth as a driver in recent quarters. One disclosure notes 20% year-on-year volume growth, attributed to ramp-up at a greenfield facility in Dahej, Gujarat.

Dividend: board recommendation for FY26

The Board recommended a final dividend of ₹1.30 per equity share (65%) of face value ₹2 each for the financial year ended 31 March 2026. A dividend data point is also shown as “1.3” with “65” (percent), consistent with the board recommendation.

Separately, the company has stated that its 32nd Annual General Meeting (AGM) will be held on September 9 at 12:00 noon through video conferencing. The book closure dates are set from September 3 to September 9 (both days inclusive) for AGM purposes and dividend payment.

What the preview expects for Q1 FY27

The provided preview framework uses the company’s Q1 FY26 base of ₹90 crore revenue and ₹5 crore net profit, and references Q4 FY26 as the most recent reported quarter used to build estimates. Ahead of the Q1 FY27 print, Q4 FY26 is cited at ₹114 crore revenue and ₹8 crore net profit.

The Q1 FY27 estimate range in the material is:

• Revenue: ₹104-120 crore
• PAT: ₹6-7 crore
• 12-month target range (Uniresearch estimate): ₹99-110

Recent reported performance: Q4 FY26 and FY26

An investor release dated 26 May 2026 reports audited results for Q4 and FY26. It lists FY26 revenue from operations at ₹422.66 crore and FY26 PAT at ₹29.09 crore. For Q4 FY26, revenue from operations is stated at ₹114.12 crore and PAT at ₹8.08 crore.

Another line item in the dataset also states “TPL Plastech Q4 net profit up 18.01% at ₹8.06 cr,” which is broadly consistent with the ₹8.08 crore figure reported in the investor release.

In addition, Q3 FY26 numbers are provided as revenue of ₹111.22 crore (also shown as ₹1,112.4 million and ₹11,122.21 lakh in different formats) and PAT of ₹8.69 crore (also shown as ₹86.93 million and ₹869.32 lakh).

Snapshot of key figures (as provided)

Stock and valuation references in the dataset

The material includes multiple snapshots of the share price and market cap. One preview note cites a trading price of ₹83 and a market capitalisation of ₹639 crore. Another snapshot lists current price around ₹71.1 and market cap around ₹549 crore, while another figure shows price of ₹82.71 and market cap of ₹645.16 crore.

A market table row for “TPL Plastech” lists CMP ₹71.13, P/E 19.71, market cap ₹548.62 crore, dividend yield 1.41%, quarterly net profit ₹8.69 crore, quarterly sales ₹111.22 crore, and ROCE 19.85%.

Related party transactions and shareholder approvals

The company has approved material related party transactions for the next financial year, subject to shareholder approval at the AGM. These include transactions with Time Technoplast Limited (the holding company) for an aggregate amount not exceeding ₹425.00 crore, and with Avion Exim Private Limited for an amount not exceeding ₹110.00 crore.

The dataset also states that shareholders have approved two significant related party transactions for FY 2025-26 through a postal ballot, involving Time Technoplast Limited and Avion Exim Private Limited.

Company identifiers and contact details

The company’s BSE scrip code is provided as 526582. The investor release also references an NSE identifier as “NSE: TPLPLASTEH” (as written in the source text).

Registered office details are listed as: 213 Sabari, Kachigam, Daman, Daman & Diu, 396210. Additional contact details cited in the material include telephone numbers such as 022-40624200 and 022-6852 4200, and website references including www.tplplastech.in.

Why this matters for investors tracking Q1 FY27

The key variables investors are likely to track into the July-August 2026 window are whether revenue lands inside the ₹104-120 crore range and whether profitability tracks the ₹6-7 crore PAT estimate range referenced in the preview. The dataset also links operational growth to capacity ramp-up, with volume growth cited as a contributor.

Alongside performance, the FY26 dividend recommendation of ₹1.30 per share and the AGM schedule create clear corporate action milestones on the calendar. Any updates tied to dividend approval and the company’s related party transaction agenda are also part of the information flow around this results season.

Conclusion

TPL Plastech enters the Q1 FY27 results window with FY26 audited numbers already disclosed and a board-recommended final dividend of ₹1.30 per share for FY26. The next milestone is the July-August 2026 results announcement, followed by the September 9 AGM and the September 3-9 book closure period for dividend processing.