T
TPI India Ltd
TPIINDIALTD NSE
TPI India Ltd
Industrial ProductsNSE: TPIINDIALTD BSE: TPINDIA Packaging
Key Fundamentals
MicrocapPackagingIndustrial ProductsMarket Cap
₹104 Cr
Volatility
High Risk
P/E Ratio
34.7
EBITDA
₹4.08 Cr
Return on Equity
-2.46%
Debt to Equity
0
Book Value
₹-2.72
EPS
₹0
52W High
₹24.9
52W Low
₹13.06
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view TPI India Ltd insights
28 extracted metrics + investor summaries across FY14–FY25.
Tapetide Score
Data-driven rating, 0–100. How it works →
Technical Indicators
Key Insights
Weaknesses
2- Debtor days have increased from 35.4 to 46.8 days.
- Promoter holding has decreased over last 3 years: -34.8%
Growth Rate
Revenue Growth
12.58% ↗
Net Income Growth
733.33% ↗
Cash Flow Change
135.06% ↗
ROE
-22.15% ↘
ROCE
-79.70% ↘
EBITDA Margin (Avg.)
53.55% ↗
Quarterly Results
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 5.23 | 5.32 | 6.07 | 7.12 | 6.27 | 7.63 | 8.19 | 8.09 | 6.84 | 8.93 | 8.39 | 9.85 | 8.71 |
| Expenses | 4.9 | 5.51 | 6.04 | 7.09 | 6.05 | 7 | 7.48 | 7.34 | 6.49 | 8.25 | 7.45 | 7.73 | 7.91 |
| Operating Profit | 0.33 | -0.19 | 0.03 | 0.03 | 0.22 | 0.63 | 0.71 | 0.75 | 0.35 | 0.68 | 0.94 | 2.12 | 0.8 |
| OPM % | 6.31% | -3.57% | 0.49% | 0.42% | 3.51% | 8.26% | 8.67% | 9.27% | 5.12% | 7.61% | 11.2% | 21.52% | 9.18% |
| Other Income | 2.08 | 0 | -0.04 | 0.21 | 0 | 0 | 0 | 0.01 | 0.01 | 0 | 0.01 | 0.26 | 0 |
| Interest | 0.35 | 0.37 | 0.39 | 0.44 | 0.28 | 0.32 | 0.37 | 0.36 | 0.33 | 0.32 | 0.29 | 0.24 | 0.27 |
| Depreciation | 0.06 | 0.06 | 0.07 | 0.09 | 0.15 | 0.16 | 0.17 | 0.16 | 0.13 | 0.14 | 0.14 | 0.14 | 0.14 |
| PBT | 2 | -0.62 | -0.47 | -0.29 | -0.21 | 0.15 | 0.17 | 0.24 | -0.1 | 0.22 | 0.52 | 2 | 0.39 |
| Tax % | 21.5% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 6.5% | 0% |
| Net Profit | 1.57 | -0.62 | -0.47 | -0.29 | -0.21 | 0.15 | 0.17 | 0.24 | -0.11 | 0.22 | 0.51 | 1.87 | 0.39 |
| EPS in Rs | 0.37 | -0.14 | -0.11 | -0.07 | -0.05 | 0.03 | 0.04 | 0.06 | -0.03 | 0.05 | 0.12 | 0.44 | 0.09 |
Profit & Loss
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 31.88 | 34.86 | 40.56 | 27.46 | 22.79 | 16.75 | 18.33 | 22.81 | 21.3 | 23.75 | 30.18 | 34 | 35.88 |
| Expenses | 28.33 | 32.34 | 45.38 | 30.18 | 29.89 | 18.48 | 19.63 | 22.95 | 20.63 | 23.44 | 27.86 | 29.92 | 31.34 |
| Operating Profit | 3.55 | 2.52 | -4.82 | -2.72 | -7.1 | -1.73 | -1.3 | -0.14 | 0.67 | 0.31 | 2.32 | 4.08 | 4.54 |
| OPM % | 11.14% | 7.23% | -11.88% | -9.91% | -31.15% | -10.33% | -7.09% | -0.61% | 3.15% | 1.31% | 7.69% | 12% | 12.65% |
| Other Income | 0.03 | 0.33 | 0.06 | 0.1 | 0.02 | 0.01 | 0.06 | 0.09 | 16.28 | 1.98 | 0.01 | 0.28 | 0.27 |
| Interest | 2.69 | 3.67 | 1.05 | 1.03 | 0.71 | 0.6 | 0.64 | 0.66 | 0.82 | 1.55 | 1.33 | 1.18 | 1.12 |
| Depreciation | 0.61 | 0.64 | 0.4 | 0.72 | 0.68 | 0.66 | 0.45 | 0.26 | 0.23 | 0.28 | 0.65 | 0.55 | 0.56 |
| PBT | 0.28 | -1.46 | -6.21 | -4.37 | -8.47 | -2.98 | -2.33 | -0.97 | 15.9 | 0.46 | 0.35 | 2.63 | 3.13 |
| Tax % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 4.94% | — |
| Net Profit | 0.28 | -1.46 | -6.21 | -4.37 | -8.47 | -2.98 | -2.33 | -0.97 | 15.9 | 0.46 | 0.35 | 2.49 | 2.99 |
| EPS in Rs | 0.07 | -0.34 | -1.45 | -1.02 | -1.97 | -0.69 | -0.54 | -0.23 | 3.7 | 0.11 | 0.08 | 0.58 | 0.7 |
| Div. Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | — |
Balance Sheet
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 4.3 | 4.3 | 4.3 | 4.3 | 4.3 | 4.3 | 4.3 | 4.3 | 4.3 | 4.3 | 4.3 | 4.3 |
| Reserves | -7.26 | -8.72 | -16.08 | -20.45 | -28.93 | -31.91 | -34.24 | -35.21 | -19.31 | -18.85 | -18.49 | -16 |
| Borrowings | 25.45 | 27.36 | 26.45 | 22.71 | 22.12 | 22.01 | 22.23 | 22.34 | 12.54 | 15.49 | 16.66 | 15.14 |
| Other Liabilities | 2.04 | 3.81 | 9.17 | 12.4 | 13.09 | 13.6 | 16.54 | 16.36 | 9.35 | 7.94 | 6.86 | 9.17 |
| Total Liabilities | 24.53 | 26.75 | 23.84 | 18.96 | 10.58 | 8 | 8.83 | 7.79 | 6.88 | 8.88 | 9.33 | 12.61 |
| Fixed Assets | 5.87 | 5.64 | 5.49 | 4.84 | 4.16 | 3.5 | 3.15 | 2.93 | 2.76 | 3.76 | 3.32 | 3.41 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0.07 | 0.07 | 0.07 | 0.07 | 0.07 | 0.08 | 0.09 | 0.09 | 0.09 | 0.09 | 0.09 | 0.1 |
| Other Assets | 18.59 | 21.04 | 18.28 | 14.05 | 6.35 | 4.42 | 5.59 | 4.77 | 4.03 | 5.03 | 5.92 | 9.1 |
| Total Assets | 24.53 | 26.75 | 23.84 | 18.96 | 10.58 | 8 | 8.83 | 7.79 | 6.88 | 8.88 | 9.33 | 12.61 |
Cash Flow
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | -1.36 | 1.31 | 3.68 | -0.53 | 1.33 | 0.68 | 0.69 | 1.25 | 10.63 | -2.51 | 0.88 | 2.83 |
| Investing | 0.49 | -0.69 | -0.22 | 0.03 | 0.03 | 0 | -0.09 | -0.03 | -0.07 | 0.85 | -0.2 | -0.65 |
| Financing | 1.56 | -0.7 | -3.46 | -0.24 | -1.26 | -0.76 | -0.63 | -1.25 | -10.58 | 1.72 | -0.71 | -2.16 |
| Net Cash Flow | 0.69 | -0.08 | 0.01 | -0.74 | 0.1 | -0.09 | -0.03 | -0.03 | -0.01 | 0.06 | -0.03 | 0.03 |
| Free Cash Flow | -0.87 | 0.62 | 3.42 | -0.59 | 1.33 | 0.68 | 0.59 | 1.21 | 10.56 | -1.66 | 0.68 | 2.19 |
| CFO/OP | -38 | 52 | -76 | 19 | -19 | -39 | -53 | -893 | 1,587 | -810 | 38 | 69 |
Ratios
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 101 | 128 | 102 | 101 | 42.92 | 23.97 | 32.86 | 31.52 | 26.56 | 27.66 | 31.69 | 46.81 |
| Inventory Days | 86.25 | 82.54 | 55.39 | 62.69 | 42.4 | 50.11 | 64.43 | 49.09 | 50.69 | 59.45 | 46.3 | 59.87 |
| Days Payable | 21.81 | 32.64 | 64 | 67.85 | 95.94 | 153 | 45.81 | 33.35 | 49.94 | 37.1 | 62.14 | 71.91 |
| Cash Conversion Cycle | 165 | 178 | 93.17 | 96 | -10.62 | -79.26 | 51.47 | 47.26 | 27.31 | 50.01 | 15.85 | 34.77 |
| Working Capital Days | 61.71 | 88.16 | -163 | -282 | -467 | -657 | -623 | -515 | -148 | -90.67 | -131 | -116 |
| ROCE % | 14.56% | 9.73% | -27.44% | -31.46% | -383.21% | — | — | — | — | — | 99.12% | 128.93% |
Documents
1
Announcement under Regulation 30 (LODR)-Newspaper Publication
14h - Results for the quarter and year ended March 31, 2026, published in The Free Press Journal and Navshakti. 14h - Results for the quarter and year ended March 31, 2026, published in The Free Press Journal and Navshakti.
2
Board Meeting Intimation for Notice Of Board Meeting Pursuant To Regulation 29 Of SEBI (Listing Obligation And Disclosure Requirement) Regulation, 2015
2 May - Board meeting on May 8, 2026 to approve audited standalone results for FY2026 and half-year assets/liabilities. 2 May - Board meeting on May 8, 2026 to approve audited standalone results for FY2026 and half-year assets/liabilities.
3
Board Meeting Outcome for Outcome Of Board Meeting Dated Held On May 8, 2026 And Audited Financial Results For March 31, 2026 As Per Regulation 33 SEBI (LODR) Regulations, 2015
8 May - Board approved standalone audited FY26 results, assets-liabilities and cash flow statements on 8 May 2026, with modified opinion. 8 May - Board approved standalone audited FY26 results, assets-liabilities and cash flow statements on 8 May 2026, with modified opinion.
5
Board Meeting Intimation for Notice Of Board Meeting Pursuant To Regulation 29 Of SEBI (Listing Obligation And Disclosure Requirement) Regulation, 2015
2 May - Board meeting on May 8, 2026 to approve audited standalone results for FY2026 and half-year assets/liabilities. 2 May - Board meeting on May 8, 2026 to approve audited standalone results for FY2026 and half-year assets/liabilities.
Frequently Asked Questions about TPI India Ltd
What does TPI India Ltd do?
Incorporated in 1982, TPI India Ltd manufactures Polymer based packing products[1]
Where is TPI India Ltd (TPINDIA) listed?
TPI India Ltd is listed on the Indian stock exchanges. It is listed on NSE: TPIINDIALTD and BSE: TPINDIA. You can view its live share price, financials, and ratios on Tapetide.
Which sector does TPI India Ltd belong to?
TPI India Ltd operates in the Industrial Products sector within the Packaging industry. Sector classification helps investors compare companies affected by similar economic conditions and regulatory changes.
What is the market capitalisation of TPI India Ltd?
TPI India Ltd has a market capitalisation of approximately ₹104.21 Cr. Based on this, it is classified as a Small Cap stock.
What is the PE ratio of TPI India Ltd?
The Price-to-Earnings (PE) ratio of TPI India Ltd is 34.70. The PE ratio compares a company's share price to its earnings per share and is commonly used to assess whether a stock is overvalued or undervalued relative to its peers.
What is the 52-week high and low of TPI India Ltd?
Over the past 52 weeks, TPI India Ltd has traded between a low of ₹13.06 and a high of ₹24.9. This range helps investors understand the stock's price volatility and recent trading levels.
What is the Return on Equity (ROE) of TPI India Ltd?
TPI India Ltd has a Return on Equity (ROE) of -2.46%. ROE measures how effectively a company uses shareholders' equity to generate profits. A higher ROE generally indicates better capital efficiency.
How can I research TPI India Ltd on Tapetide?
On Tapetide, you can view TPI India Ltd's live share price, quarterly results, profit & loss statements, balance sheet, cash flow, key ratios, shareholding pattern, technical indicators, analyst ratings, and forecasts — all on a single page without needing to sign up.
Company Information
Incorporated in 1982, TPI India Ltd manufactures Polymer based packing products[1]