TPI India Ltd (TPINDIA) — Share Price, Financials & Ratios

Technical Indicators

Key Insights

Weaknesses

2

Company has low interest coverage ratio.
Promoter holding has decreased over last 3 years: -34.8%

Growth Rate

Revenue Growth

10.00% →

Net Income Growth

400.00% →

Cash Flow Change

-

ROE

-

ROCE

-

EBITDA Margin (Avg.)

-

Quarterly Results

	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025
Depreciation	0.06	0.04	0.06	0.06	0.07	0.09	0.15	0.16	0.17	0.16	0.13	0.14	0.14
EPS in Rs	-0.03	3.7	0.37	-0.14	-0.11	-0.07	-0.05	0.03	0.04	0.06	-0.03	0.05	0.12
Expenses	4.36	4.66	4.9	5.51	6.04	7.09	6.05	7	7.48	7.34	6.49	8.25	7.45
Interest	0.17	0.31	0.35	0.37	0.39	0.44	0.28	0.32	0.37	0.36	0.33	0.32	0.29
Net Profit	-0.14	15.9	1.57	-0.62	-0.47	-0.29	-0.21	0.15	0.17	0.24	-0.11	0.22	0.51
OPM %	2.02%	-0.43%	6.31%	-3.57%	0.49%	0.42%	3.51%	8.26%	8.67%	9.27%	5.12%	7.61%	11.2%
Operating Profit	0.09	-0.02	0.33	-0.19	0.03	0.03	0.22	0.63	0.71	0.75	0.35	0.68	0.94
Other Income	0	16.27	2.08	0	-0.04	0.21	0	0	0	0.01	0.01	0	0.01
PBT	-0.14	15.9	2	-0.62	-0.47	-0.29	-0.21	0.15	0.17	0.24	-0.1	0.22	0.52
Sales	4.45	4.64	5.23	5.32	6.07	7.12	6.27	7.63	8.19	8.09	6.84	8.93	8.39
Tax %	0%	0%	21.5%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%

Profit & Loss

	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	TTM
Depreciation	0.78	0.61	0.64	0.4	0.72	0.68	0.66	0.45	0.26	0.23	0.28	0.65	0.57
Div. Payout %	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	—
EPS in Rs	0.02	0.07	-0.34	-1.45	-1.02	-1.97	-0.69	-0.54	-0.23	3.7	0.11	0.08	0.2
Expenses	20.19	28.33	32.34	45.38	30.18	29.89	18.48	19.63	22.95	20.63	23.44	27.86	29.53
Interest	2.04	2.69	3.67	1.05	1.03	0.71	0.6	0.64	0.66	0.82	1.55	1.33	1.3
Net Profit	0.09	0.28	-1.46	-6.21	-4.37	-8.47	-2.98	-2.33	-0.97	15.9	0.46	0.35	0.86
OPM %	12.45%	11.14%	7.23%	-11.88%	-9.91%	-31.15%	-10.33%	-7.09%	-0.61%	3.15%	1.31%	7.69%	8.43%
Operating Profit	2.87	3.55	2.52	-4.82	-2.72	-7.1	-1.73	-1.3	-0.14	0.67	0.31	2.32	2.72
Other Income	0.04	0.03	0.33	0.06	0.1	0.02	0.01	0.06	0.09	16.28	1.98	0.01	0.03
PBT	0.09	0.28	-1.46	-6.21	-4.37	-8.47	-2.98	-2.33	-0.97	15.9	0.46	0.35	0.88
Sales	23.06	31.88	34.86	40.56	27.46	22.79	16.75	18.33	22.81	21.3	23.75	30.18	32.25
Tax %	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	—

Balance Sheet

	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Sep 2025
Borrowings	20.48	25.45	27.36	26.45	22.71	22.12	22.01	22.23	22.34	12.54	15.49	16.66	17.36
CWIP	0	0	0	0	0	0	0	0	0	0	0	0	0
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	4.3
Fixed Assets	6.97	5.87	5.64	5.49	4.84	4.16	3.5	3.15	2.93	2.76	3.76	3.32	3.11
Investments	0.06	0.07	0.07	0.07	0.07	0.07	0.08	0.09	0.09	0.09	0.09	0.09	0.09
Other Assets	13.57	18.59	21.04	18.28	14.05	6.35	4.42	5.59	4.77	4.03	5.03	5.92	7.28
Other Liabilities	2.28	2.04	3.81	9.17	12.4	13.09	13.6	16.54	16.36	9.35	7.94	6.86	7.2
Reserves	-6.46	-7.26	-8.72	-16.08	-20.45	-28.93	-31.91	-34.24	-35.21	-19.31	-18.85	-18.49	-18.38
Total Assets	20.6	24.53	26.75	23.84	18.96	10.58	8	8.83	7.79	6.88	8.88	9.33	10.48
Total Liabilities	20.6	24.53	26.75	23.84	18.96	10.58	8	8.83	7.79	6.88	8.88	9.33	10.48

Cash Flow

	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
CFO/OP	34	-38	52	-76	19	-19	-39	-53	-893	1,587	-810	38
Financing	-0.29	1.56	-0.7	-3.46	-0.24	-1.26	-0.76	-0.63	-1.25	-10.58	1.72	-0.71
Investing	-0.58	0.49	-0.69	-0.22	0.03	0.03	0	-0.09	-0.03	-0.07	0.85	-0.2
Operating	0.97	-1.36	1.31	3.68	-0.53	1.33	0.68	0.69	1.25	10.63	-2.51	0.88
Free Cash Flow	0.48	-0.87	0.62	3.42	-0.59	1.33	0.68	0.59	1.21	10.56	-1.66	0.68
Net Cash Flow	0.1	0.69	-0.08	0.01	-0.74	0.1	-0.09	-0.03	-0.03	-0.01	0.06	-0.03

Ratios

	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Cash Conversion Cycle	194	165	178	93.17	96	-10.62	-79.26	51.47	47.26	27.31	50.01	15.85
Days Payable	41.19	21.81	32.64	64	67.85	95.94	153	45.81	33.35	49.94	37.1	62.14
Debtor Days	129	101	128	102	101	42.92	23.97	32.86	31.52	26.56	27.66	31.69
Inventory Days	106	86.25	82.54	55.39	62.69	42.4	50.11	64.43	49.09	50.69	59.45	46.3
ROCE %	12.06%	14.56%	9.73%	-27.44%	-31.46%	-383.21%	—	—	—	—	—	99.12%
Working Capital Days	86.11	61.71	88.16	-163	-282	-467	-657	-623	-515	-148	-90.67	-131

Shareholding Pattern

As of Mar 2026

Promoters 58.71%

Public 41.27%

DIIs 0.02%

Total 100.00%

DIIs Promoters Public

	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026
DIIs	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%
Promoters	93.51%	93.51%	93.51%	93.51%	75.00% ↓18.5	75.00%	75.00%	75.00%	75.00%	58.71% ↓16.3	58.71%	58.71%
Public	6.46%	6.46%	6.46%	6.47%	24.97% ↑18.5	24.98% ↑0.0	24.97% ↓0.0	24.98% ↑0.0	24.98%	41.28% ↑16.3	41.27%	41.27%
No. of Shareholders	6,826	6,829	6,829	6,782	7,424	7,651	7,834	7,819	7,841	8,776	8,702	8,528

As of Mar 2026

Promoters 58.71%

Public 41.27%

DIIs 0.02%

Total 100.00%

DIIs Promoters Public

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Dec 2020	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
DIIs	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%
Promoters	93.61%	93.61%	93.50% ↓0.1	93.50%	93.50%	93.51% ↑0.0	93.51%	93.51%	75.00% ↓18.5	58.71% ↓16.3
Public	6.37%	6.37%	6.48% ↑0.1	6.48%	6.48%	6.46% ↓0.0	6.46%	6.47%	24.98% ↑18.5	41.27% ↑16.3
No. of Shareholders	6,883	6,859	6,847	6,845	6,840	6,841	6,828	6,782	7,819	8,528

Documents

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.

Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 11 Apr - Filed Regulation 74(5) compliance certificate for quarter ended 31 March 2026.

11 Apr - Filed Regulation 74(5) compliance certificate for quarter ended 31 March 2026.

Board Meeting Outcome for Disclosure Of The Meeting Of The Board Held On Tuesday, April 07, 2026 7 Apr - Board postponed proposed rights issue on April 7, 2026 due to volatile market conditions.

7 Apr - Board postponed proposed rights issue on April 7, 2026 due to volatile market conditions.

Board Meeting Intimation for Prior-Intimation Under Regulation 29(1)(D) Of SEBI (LODR) Regulations For Meeting Of Board Of TPI India Limited To Be Held On Tuesday, April 07, 2026 2 Apr - Board meets April 7, 2026 to decide ₹16 crore rights issue terms, price, ratio and record date.

2 Apr - Board meets April 7, 2026 to decide ₹16 crore rights issue terms, price, ratio and record date.

Closure of Trading Window 24 Mar

Postponement Of The Board Meeting Due To Non-Receipt Of The In-Principle Approval For The Proposed Rights Issue Till 30/01/2026 30 Jan - Board meeting postponed pending stock-exchange approval for Rights Issue up to 1,600 Lakhs; scheduled Jan 30, 2026.

30 Jan - Board meeting postponed pending stock-exchange approval for Rights Issue up to 1,600 Lakhs; scheduled Jan 30, 2026.

Board Meeting Intimation for Notice Of Board Meeting Pursuant To Regulation 29 Of SEBI (Listing Obligation And Disclosure Requirement) Regulation, 2015 2 Feb - Board meeting Feb 6, 2026 to approve unaudited results for quarter and nine months ended Dec 31, 2025.

2 Feb - Board meeting Feb 6, 2026 to approve unaudited results for quarter and nine months ended Dec 31, 2025.

Board Meeting Outcome for Outcome Of Board Meeting Dated Held On February 6, 2026 And Unaudited Financial Results For December 31, 2025 As Per Regulation 33 SEBI (LODR) Regulations, 2015 6 Feb - Board approved IND-AS unaudited Q3/9M results to Dec 31, 2025; net worth fully eroded; limited review.

6 Feb - Board approved IND-AS unaudited Q3/9M results to Dec 31, 2025; net worth fully eroded; limited review.

Outcome Of Board Meeting Dated Held On February 6, 2026 And Unaudited Financial Results For December 31, 2025 As Per Regulation 33 SEBI (LODR) Regulations, 2015 6 Feb

Announcement under Regulation 30 (LODR)-Newspaper Publication 7 Feb - Unaudited Financial Result for the quarter and nine month ended December 31, 2025, published in The Free Press Journal and Navshakti.

7 Feb - Unaudited Financial Result for the quarter and nine month ended December 31, 2025, published in The Free Press Journal and Navshakti.

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 BSE: 500421. 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 Industrials sector within the Industrial Products industry. Sector classification helps investors compare companies affected by similar economic conditions and regulatory changes.

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.

TPI India Ltd