TPL Plastech Share Price

TPL Plastech Limited is a leading manufacturer of rigid industrial plastic packaging solutions in India, primarily engaged in the production and sale of high-density polyethylene (HDPE) drums, intermediate bulk containers (IBCs), and carboys. The company supplies packaging products for the chemical, specialty chemical, agrochemical, and pharmaceutical sectors across India and select international markets.  The TPL Plastech share price on the NSE and BSE is a reflection of how market participants respond to a performance and broader business developments within its industry. It captures the company’s sentiment of the investors based on financial results, operational updates, macroeconomic factors, and trends specific to sectors. Movements in the share price͏ reveal how the market evaluates the company’s current position and its future prospects, making ͏it a key indicator of market perception across various industries. 

Market sentiment around the TPL Plastech price often mirrors shifts in industrial packaging demand, trends in the chemical and agrochemical industries, and investor views on the “China+1” supply chain diversification theme. Factors such as the pace of capacity expansion, competitive intensity from other packaging manufacturers, polymer price fluctuations, and government policies on plastic waste management influence near-term market valuation and medium-term earnings forecasts. All these factors must be closely monitored to have an idea about the TPL Plastech price movements. 

TPL Plastech live share price provides real-time information about the last price traded, bid price, ask price, and volume traded. These indicators represent trading activity and liquidity and the reaction of investors to corporate announcements, quarterly results, and sector news. Constant monitoring of TPL Plastech live price helps observe short-term price fluctuations and understand how the stock is moving in relation to the broader market. 

Furthermore, monitoring the TPL Plastech share price today helps investors understand real-time market sentiment, price volatility, and trading behaviour. It allows market participants to evaluate short-term performance, identify possible entry or exit points, and respond to news, quarterly results or sector trends that may affect the company’s valuation and overall investment outlook. 

TPL Plastech Limited Company Fundamentals 

a. Company Background 

TPL Plastech Limited was incorporated in 1992. The company’s registered office is located in Nani Daman, Daman and Diu, with a corporate office in Andheri East, Mumbai, Maharashtra. The company was originally known as Tainwala Polycontainers Limited and changed its name to TPL Plastech Limited in January 2007. TPL Plastech Limited is a subsidiary of Time Technoplast Limited, which holds a 75% stake in the company. The company’s primary activity involves the manufacture and sale of rigid industrial plastic packaging products, including HDPE drums, intermediate bulk containers (IBCs), and carboys. It initially focused on building a strong foothold in the domestic industrial packaging market before gradually expanding its product portfolio and manufacturing capacity. TPL Plastech supplies its packaging solutions primarily to the chemical, specialty chemical, agrochemical, and pharmaceutical industries. Over the years, TPL Plastech has significantly expanded its manufacturing footprint. It operates in a competitive environment, with pricing and production governed by market forces and client requirements. The company has consistently focused on enhancing its technological capabilities to meet the growing demand for rigid plastic packaging in India. TPL Plastech operates exclusively in one business segment—Industrial Packaging—designing and manufacturing rigid plastic packaging solutions. The company has one subsidiary, which has yet to commence operations, and no associates or joint ventures. 

b. Product Lines 

• HDPE (High-Density Polyethylene) drums for bulk packaging of specialty chemicals, paints and inks, pharmaceutical products, and FMCG goods, with container capacities ranging from 20 to 250 liters 

• Intermediate Bulk Containers (IBCs) under the QuBC brand name and re-bottled IBCs under the COBO brand name for efficient bulk liquid storage and transport 

• Narrow mouth drums for specialty chemical and adhesive industries 

• Narrow mouth and wide mouth carboys for packaging of specialty chemicals and adhesives 

• Open top drums in bulk and medium sizes for packing powder, paste type, and semi-liquid/solid products 

• HDPE packaging products including bottles for packing lubricant oil, pesticides, cosmetics, food and beverages, and cleaning and hygiene products 

• Small packaging products with container capacities ranging from 30 ml to 10 liters 

• Jerry cans for various industrial packaging applications 

• Caps and closures, small containers, and promotional packaging solutions 

• Packaging solutions for pharma and agro-based products, and cosmetics and personal care products 

• High-molecular-weight HDPE (HMHDPE) containers used for packaging chemicals, dyestuffs, bulk pharmaceuticals, explosives, and petrochemicals 

c. Company Revenue Model 

• Primary revenue from the Industrial Packaging segment, which includes manufacturing and sale of rigid plastic packaging products such as HDPE drums, IBCs, carboys, and small containers 

• Volume-driven revenue based on quantity of plastic packaging products sold to industrial clients across chemical, agrochemical, and pharmaceutical sectors 

• Pricing determined by raw material costs (HDPE, polypropylene, other polymers), product complexity, and volume commitments from clients 

• Revenue from both domestic Indian market serving chemical, agrochemical, and pharmaceutical industries, and select export markets 

• Expanding manufacturing capacity contributing to new revenue streams through higher production volumes and new product introductions 

• Focus on increasing value-added product share including IBCs and specialty containers to drive better margins 

• Investment in new manufacturing facilities including the Dahej greenfield facility (FY2023-24) and the Lote-Parshuram greenfield plant under construction 

• Revenue from institutional sales including bulk supply to industrial clients across multiple sectors 

• Raw material price fluctuations (polymer prices) and industrial demand cycles influencing revenue stability 

• Government policies on plastic manufacturing and waste management influencing revenue stability 

d. Geographic Presence 

• Headquartered in Nani Daman, Daman and Diu (registered office) with corporate office in Andheri East, Mumbai, Maharashtra 

• Manufacturing facilities located across India including six plants situated across the country 

• Greenfield manufacturing facility inaugurated at Dahej, Gujarat in FY2023-24, which was expanded in FY2024-25 with an additional IBC production line to meet rising demand in the western region 

• State-of-the-art greenfield plant under construction at Lote-Parshuram (MIDC), focusing on IBCs, drums, and jerry cans for agrochemicals, solar/PV chemicals, and fruit and juice sectors, with commissioning targeted for Q2 FY2027 

• Plant at Silvassa manufacturing high-molecular-weight HDPE containers 

• Strong domestic market presence across India serving chemical, specialty chemical, agrochemical, and pharmaceutical industries 

• Export presence to select international markets 

• Focus on expanding into new geographical areas across India through new manufacturing facilities and capacity additions 

• Operations primarily concentrated in western India with manufacturing based in Gujarat, Daman, and Maharashtra 

e. Key Milestones 

• 1992: Incorporated as Tainwala Polycontainers Limited 

• 2007: Name changed from Tainwala Polycontainers Limited to TPL Plastech Limited in January 2007 

• 2017: Parent company Time Technoplast Limited completed stake acquisition 

• 2023-24: Inaugurated greenfield manufacturing facility at Dahej, Gujarat 

• 2024-25: Expanded Dahej facility with additional IBC production line; commissioned construction of new greenfield plant at Lote-Parshuram (MIDC) with commissioning targeted for Q2 FY2027 

• 2025: Company reported revenue of ₹349.40 crore in FY2024-25 with net profit of ₹23.59 crore 

f. Industry Perspective 

TPL Plastech Limited operates in the industrial plastic packaging industry, which is part of India’s broader plastics sector. Globally, the plastic packaging market continues to expand. In India, the plastics industry is poised for substantial growth. According to Mordor Intelligence, the India plastic industry market is currently valued at USD 26.61 billion in 2025 and is forecast to reach USD 44.59 billion by 2030, translating to a 10.88% CAGR. According to GII Research, the India plastics market was valued at $38,045 million in 2024 and is projected to reach $75,300 million by 2035, growing at a CAGR of 6.5% during the forecast period (2025-2035). According to Research and Markets, the India Plastic Industry is expected to grow from USD 49.50 billion in 2025 to USD 67.82 billion by 2030, at a CAGR of greater than 6.5% during the forecast period (2025-2030). India’s plastics exports are projected to double to $20 billion by 2030. Strong public-sector incentives such as the Production-Linked Incentive (PLI) scheme, large-scale infrastructure programs, and accelerating consumer demand across packaging, construction, and mobility are sustaining this double-digit trajectory. Polyethylene retained a 34% slice of the India plastic industry market in 2024, anchored by film and blow-molded container demand. High-density polyethylene (HDPE) grades grew faster than low-density grades owing to pipe, cap, and closure applications. Key challenges include volatile feedstock costs (naphtha prices), single-use plastic ban enforcement escalating compliance costs, and rapid adoption of digital production controls shaping a sharper focus on operational efficiency and circularity. 

TPL Plastech Limited Stock Market Presence: Listings & Index Representation 

TPL Plastech is actively traded on India’s principal equity markets, with its shares listed on the National Stock Exchange of India (NSE) under the symbol TPLPLASTEH (NSE code TPLPLASTEHEQ) and on the Bombay Stock Exchange (BSE) with the scrip code 526582. Its listing on both exchanges ensures that the TPL Plastech price is accessible to a wide investor base, encompassing both retail and institutional market participants. The company forms part of several benchmark indices that represent broad market segments. TPL Plastech is included in BSE Industrials and BSE Group B2 indices. Being represented in indices enhances the visibility and liquidity of the TPL Plastech price, as index tracking funds and exchange traded strategies often adjust allocations in line with constituent revisions. It also allows investors to benchmark the company’s stock performance relative to broader market trends and peer groups, facilitating cross sectional comparisons within India’s plastic products landscape. The inclusion of TPL Plastech in these indices reflects its market capitalisation and trading depth, which are key factors market participants consider when evaluating long term investment prospects and the responsiveness of the TPL Plastech price to corporate and industry developments. The company’s ISIN code is INE413G01022 and face value is ₹2 per share. 

TPL Plastech Limited Stock Performance and Share Price History 

The TPL Plastech price has exhibited significant volatility over the past decade, shaped by the company’s operations in India’s industrial packaging sector and broader plastics industry cycles. The TPL Plastech share price recorded a total return of approximately -23.3% over the last 1 year and 27.8% over the last 3 years, with a 5-year return of 31.0% and a 10-year return of 13.7% according to Value Research Online as of April 2026. The TPL Plastech share price reached a 52-week high of ₹93.99 and a 52-week low of ₹50.01, indicating a wide trading range and substantial price fluctuations. The TPL Plastech share price recorded a strong rally in 2021, delivering a substantial positive annual return of 101.1%, while the subsequent period has seen the TPL Plastech stock price moderate and correct from its peak levels. The TPL Plastech share price has shown a 1-month return of approximately -11.5% and a 3-month return of -9.9% as of April 2026, indicating recent consolidation. 

The TPL Plastech price has been particularly responsive to quarterly earnings releases and corporate announcements. When the company reported a 22.4% year-on-year growth in Q1 FY2026 profit after tax to ₹5.5 crores, the TPL Plastech stock price showed a positive reaction. The TPL Plastech price has shown a pattern of strong positive momentum in periods when the company’s capacity expansion announcements exceeded expectations, while periods of earnings moderation or concerns over raw material costs have contributed to consolidation in the TPL Plastech price. Corporate developments, including strategic announcements such as the commissioning and expansion of the Dahej greenfield facility between FY2023-24 and FY2024-25, the construction of a new greenfield plant at Lote-Parshuram with commissioning targeted for Q2 FY2027, and the company’s focus on industrial packaging growth, have also influenced short-term fluctuations in the TPL Plastech price. The TPL Plastech share price has shown a 1-year return of approximately -23.3% as of April 2026, reflecting the significant correction from its 2024 highs. The TPL Plastech share price has shown a 10-year aggregate net profit of ₹134.99 crore according to Value Research Online, reflecting the company’s sustained profitability over the long term. The TPL Plastech share price reached its 52-week high of ₹93.99 before declining to its 52-week low of ₹50.01, reflecting the volatility inherent in the industrial packaging space. The TPL Plastech share price has shown a year-to-date return of approximately -11.7% as of April 2026, indicating pressure in the current fiscal year. Comprehending these patterns in the TPL Plastech share price is instrumental for investors seeking to contextualise long term performance trends vis à vis short term price dynamics, as the TPL Plastech stock price movements illustrate how industry fundamentals, raw material price cycles, and investor expectations converge in market pricing. 

The TPL Plastech share price has shown distinct seasonal patterns over the past decade. The best performing year historically was 2021 with a positive return of 102.13%, followed by 2024 with a positive return of 94.48% and 2023 with a positive return of 63.19%. Historically, the stock has shown positive annual returns in 6 out of the last 10 years. In terms of annual performance, the TPL Plastech share price delivered returns of 29.68% in 2020, 102.13% in 2021, -4.70% in 2022, 63.19% in 2023, 94.48% in 2024, and -32.74% in 2025. The TPL Plastech share price has demonstrated that the stock tends to perform better in periods of strong industrial demand and supportive economic policies, while underperforming during phases of raw material volatility and intense competition. The TPL Plastech stock price has shown a 3-year total return of 27.8%, indicating moderate wealth creation over this period. The TPL Plastech stock price has shown a 5-year total return of 31.0%, reflecting the company’s ability to deliver positive returns across market cycles. The TPL Plastech stock price has shown a 10-year total return of 13.7%, with the stock delivering a 5-year CAGR of 35.05% according to Ventura Securities. The TPL Plastech stock price continues to trade at a significant discount from its 52-week high of ₹93.99, standing at around ₹55-70 levels as of April 2026. 

TPL Plastech Limited Investor Relevance and Role in Portfolio 

TPL Plastech holds a significant position for portfolio investors who seek exposure to India’s industrial packaging sector with a focus on rigid plastic containers. The company’s presence as a subsidiary of Time Technoplast Limited aligns it with investment strategies that value industrial packaging growth, chemical sector demand, and the “China+1” theme. The TPL Plastech share price often mirrors how these themes resonate with investor portfolios, whereby both thematic and sector specific funds monitor capacity utilization, raw material costs, and order book trends when evaluating allocation decisions. 

Institutional stakeholders play a limited role in TPL Plastech’s ownership profile. As of December 2025, Promoters hold 74.86% of the company. Mutual funds hold 0.08% of the company. Foreign Institutional Investors (FIIs) hold 0.45% of the company, while Domestic Institutional Investors (DIIs) hold 0.08%. Retail and other shareholders hold approximately 24.62% of the company. These investors represent a retail-heavy ownership structure with limited institutional presence that contributes to the stock’s market liquidity within broader investment frameworks. 

Based on data, TPL Plastech exhibits varying levels of beta and volatility across different measurement periods. Based on data, the long-term beta stands at approximately 1.6046 according to FT Markets data, indicating that the stock is generally more volatile than the broader market over an extended period. Based on data, the daily-one month beta shows moderate correlation, while the daily-three month beta indicates moderate sensitivity. Based on data, the weekly-one year beta shows higher-than-market sensitivity in short-term trading. Based on data, the weekly-two year beta shows moderate correlation, and the 2 week-two year range beta is also moderate. Based on data, the monthly-two year beta continues to show moderate correlation. Supporting statistics include mean values across different periods and standard deviations indicating moderate variability. The weekly volatility stands at approximately 8-10%, which is higher than 75% of Indian stocks. Overall, TPL Plastech demonstrates a moderate-to-high volatility profile with beta values suggesting the stock tends to move with greater sensitivity to broader market direction over longer time frames. 

The TPL Plastech share price has shown periods of heightened responsiveness to sector-specific news and quarterly earnings releases. The TPL Plastech stock price’s beta reflects that the company’s established industrial client relationships and parent company support may provide some stability, though the industrial packaging sector remains sensitive to polymer price fluctuations and chemical industry demand cycles. 

TPL Plastech Limited Sectoral Relevance and Peer Positioning 

The sector relevance of TPL Plastech is anchored in its role within the broader Indian plastic products industry, where it competes with other plastic packaging manufacturers. As part of this industry, the company’s strategic positioning connects rigid industrial plastic packaging solutions to chemical, agrochemical, and pharmaceutical clients across India. Competitors in the plastic products segment include companies such as Arrow Greentech Ltd, Avro India Ltd, AVSL Industries Ltd, Axel Polymers Ltd, Time Technoplast Ltd (parent company), Supreme Industries Ltd, Astral Ltd, Finolex Industries Ltd, UFLEX Ltd, Polyplex Corporation Ltd, TCPL Packaging Ltd, Jindal Poly Films Ltd, Biopac India Corporation Ltd, Bright Brothers Ltd, Deep Polymers Ltd, Kingfa Science & Technology (India) Ltd, and other domestic players. Firms with parallels in either product range or manufacturing scale are often referenced when evaluating relative performance and operational positioning within the sector. 

In valuation terms, factors like the TPL Plastech P/E ratio have shown variations over different periods. The current P/E ratio stands at approximately 16.5-19.3 across different sources, lower than its industry P/E of 52.23-53.15, representing a significant discount. The mean historical P/E Ratio over the last five years has fluctuated, with the stock’s P/E ratio having changed with respect to the historical average. Periods when investors perceived improvements in profitability or earnings sustainability have corresponded with expansion in valuation multiples, whereas phases of moderation in earnings momentum or industry cyclicality have seen valuation contraction. TPL Plastech P/E ratio decreased in certain periods and increased in others following earnings growth. 

Similarly, TPL Plastech EPS has shown variation according to how operational performance aligns with industry demand cycles and cost structures. Structural gains from capacity expansion and new facility additions supported directional improvement in earnings per share during favourable conditions, while cyclical headwinds from polymer price volatility and competitive pressures have moderated EPS momentum. TPL Plastech earnings have shown a trajectory that responded to both volume growth and margin pressures over the analysed period. TPL Plastech market cap has fluctuated in line with investor perceptions of the company’s growth potential in a competitive and evolving plastic products market. 

Over years, the TPL Plastech market cap has followed a pattern of growth followed by moderation. The market cap increased from ₹313 crore in FY2023 to ₹349 crore in FY2024 and to ₹349 crore in FY2025. As of April 2026, the market cap stands at approximately ₹449-537 crore across different sources. This growth mirrors the trend in the TPL Plastech share price and the broader performance of the plastic products sector relative to broader market indices. 

TPL Plastech earnings over the past several years have been characterised by a period of consistent growth. Net income increased from ₹16.03 crore in FY2023 to ₹19.85 crore in FY2024 (18.89% growth) and to ₹23.59 crore in FY2025 (18.84% growth). The company’s revenue grew from ₹271.84 crore in FY2023 to ₹313.40 crore in FY2024 (15.64% growth) and to ₹349.40 crore in FY2025 (11.49% growth). For the trailing twelve months (TTM) as of March 2026, revenue was ₹401 crore with net profit of ₹28 crore. According to Dhan data, revenue for FY2024-25 was ₹349.40 crore (11.64% growth) and net profit was ₹23.59 crore (18.89% growth). According to Torus Digital, annual revenue for TPL Plastech Ltd increased by 11.49% to ₹349.40 crore in FY 2025 from ₹313.40 crore in FY 2024, and annual net profit increased by 18.89% to ₹23.60 crore in FY 2025 from ₹19.85 crore in FY 2024. 

TPL Plastech EPS has shown variation over the past decade. The diluted EPS stood at ₹1.47 in 2019, ₹1.38 in 2020, ₹1.03 in 2021, ₹2.06 in 2023, ₹2.54 in 2024, ₹3.02 in 2025, and ₹3.57 TTM. The EPS growth rate has shown significant variation, with the company delivering a growth rate of 49.54% in FY2025 but a decline of -463.63% in FY2024. The EPS (TTM) as of March 2026 was ₹3.57 according to Screener. According to Screener data, TTM EPS stood at ₹3.57 as of March 2026, with sales growth of 10% over 5 years and profit growth of 11% over 5 years. 

The TPL Plastech P/E ratio has shown fluctuations over the available period. At the end of recent fiscal years, the P/E ratio varied, with current levels at 16.5-19.3x across different sources, while the industry P/E stands at approximately 52.23-53.15. The mean historical P/E ratio over the last five years has been in the range of 15-20x. The current P/E ratio compared to the historical average reflects that investor expectations are adjusting to near-term earnings momentum. The TPL Plastech share price has been influenced by these valuation metrics. The TPL Plastech stock price continues to be evaluated in the context of its earnings potential and market position. 

Summary 

TPL Plastech Limited is a leading industrial plastic packaging manufacturer listed on both the NSE and BSE, where the TPL Plastech share price reflects industrial packaging demand trends, polymer costs, and capacity expansion within the plastic products sector. Its representation on stock exchanges supports market visibility, while investor interest is shaped by earnings trends, valuation narratives, and broader packaging industry themes. Within the sector, the company’s competitive context and earnings dynamics provide key perspectives on its role in India’s industrial packaging market.