TCPL Packaging Ltd-$ — earnings calls

TCPL Packaging reported Q1 FY27 consolidated total income of INR 495 crore, up 16% year-on-year, with EBITDA growing 17% to INR 88 crore and margins improving to 18%. PAT grew nearly 79% year-on-year to INR 40 crore, driven by growth in both Folding Cartons and Flexible Packaging businesses. Management also announced a proposed entry into lithium-ion battery separator film manufacturing through a subsidiary, with an initial investment of approximately INR 125 crore targeted for commercial production in Q4 FY28.

TCPL Packaging reported Q4 FY26 consolidated total income of INR 465 crore, up over 9% year-on-year, with EBITDA including other income at INR 81 crore and a margin of 17.4%. For the full year, consolidated revenues were approximately INR 1,836 crore, up 3% year-on-year, with EBITDA of INR 318 crore and margins of 17.3%. Management attributed the margin pressure to elevated raw material costs and a lag in passing on cost inflation, while noting export markets were affected by disruptions in the Middle East and domestic volume growth outpaced the broader consumer market.