Date: September 22, 2026

Financial Results (Standalone & Consolidated)

FY26 Performance:

  • Revenue reached ₹422.7 Cr in FY26, an increase of 20.9% from ₹349.4 Cr in FY25
  • Volume growth of 21% due to rising demand and capacity ramp up at Dahej greenfield facility
  • EBITDA grew 19.0% to ₹48.4 Cr
  • Profit After Tax grew 23.2% to ₹29.1 Cr
  • Return on Capital Employed improved to 22.5% in FY26 from 20.3% in FY25, an increase of 220 basis points
  • Total debt reduced by ₹26 Cr during the year

Q1 FY27 Performance:

  • Revenue of ₹124.4 Cr, up 37.6% year on year
  • Volume growth of 12.1% despite challenging geopolitical environment and polymer price volatility
  • EBITDA grew by 12.9% to ₹11.3 Cr
  • Profit After Tax grew by 19.5% to ₹6.5 Cr

Dividend Declaration

  • Board recommended a final dividend of ₹1.30 per equity share (65% of the face value of ₹2 each) for FY26
  • Increased from ₹1.00 per share (50%) in FY25
  • Dividend payout ratio increased to 35% of Profit After Tax from 33% in FY25
  • Continues uninterrupted dividend track record

Building for Tomorrow: Strategic Footprint Expansion

Manufacturing Locations:

  • Five manufacturing locations across India: Silvassa, Ratlam, Bhuj, Vizag and Dahej
  • Serving customers across Chemicals and Petrochemicals, Specialty Chemicals, Plasticizers, Pharmaceuticals, FMCG and Food Products

Dahej, Gujarat Facility:

  • Fully automated greenfield plant operating at scale
  • Primary driver of volume growth
  • Added dedicated IBC production line to meet strong demand from western region

Bhuj, Gujarat Facility (New Development):

  • Commenced operations through wholly owned subsidiary
  • Manufactures Intermediate Bulk Containers and Industrial Packaging Products
  • Installed capacity of approximately 1,50,000 IBCs per annum
  • Projected additional revenue potential of approximately ₹100 Cr
  • Strategic advantages: proximity to key customers in Bhuj and Kutch industrial clusters, shorter transportation distances, improved delivery lead times, enhanced supply reliability

Sustainability: Clean Energy Transition

  • Progressing toward sourcing approximately 75% of power requirements through solar energy
  • Estimated investment of approximately ₹5 Cr
  • Expected to generate recurring annual savings of approximately ₹4 Cr
  • Achieve payback within 18 months
  • Will reduce carbon footprint while strengthening returns

Transformational Value Creation; Merger with Time Technoplast Limited

  • Board granted in-principle approval for merger of TPL Plastech Limited into holding company Time Technoplast Limited
  • Merger under Sections 230 to 232 of the Companies Act, 2013
  • Upon Scheme becoming effective, TPL Plastech shares will be exchanged for shares in Time Technoplast Limited
  • Time Technoplast described as industry major manufacturing across 11 countries with market leadership in 9 countries
  • Time Technoplast product portfolios span industrial packaging, composite cylinders for LPG, CNG and Hydrogen, PE pipes, and energy storage systems
  • Expected benefits: removes operational redundancies, consolidates manufacturing/financial/management resources, integrates technological capabilities to win larger global mandates
  • Shareholders gain direct ownership in larger corporate entity with superior equity liquidity and institutional participation

Acknowledgement

  • Thanks to Board members for guidance
  • Recognition of employees' hard work
  • Thanks to bankers, vendors, and valued customers
  • Special thanks to shareholders for continued trust