Check Before You Invest : TPL Plastech Ltd

Q: Which industry/sub-sector does TPL Plastech Ltd belong to?

TPL Plastech Ltd belongs to the Chemicals & Fertilizers sector, operating specifically within the Plastic Products segment.

Q: Is TPL Plastech Ltd a good quality company?

TPL Plastech Ltd is a good quality company, based on a consistently good multi-year financial track record. This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

Q: Is TPL Plastech Ltd undervalued or overvalued?

TPL Plastech Ltd appears Fair, as its key valuation ratios are in line with their past averages. Based on the industry it operates in, the relevant valuation ratios include one of the following, P/E, P/BV, P/Sales, EV/EBITDA or a combination of two or more. Valuation Ratios. Price to Earnings, Current: 17.9, Historic Median: 21.69. Price to Book, Current: 3.1, Historic Median: 3.09. Price to Sales, Current: 1.24, Historic Median: 1.33. EV to EBITDA, Current: 10.96, Historic Median: 11.84

Q: Is TPL Plastech Ltd a good buy now?

TPL Plastech Ltd is a neutral opportunity now, based on stable price trend analysis suggesting prices may move sideways. However, you need to check its quality and valuation before making a decision

Q: Revenue growth of TPL Plastech Ltd?

TPL Plastech Ltd revenue growth is 11.6% for FY-2025, which is above its 5-year CAGR of 10.79%, indicating faster growth.

Q: Gross Profit margin of TPL Plastech Ltd?

TPL Plastech Ltd Gross profit margin which is the profit after deduction of direct costs, is 8.7% for FY-2025, which is in line with its 5-year median of 8.3%, indicating stable margins.

Q: Operating Profit Margin of TPL Plastech Ltd?

TPL Plastech Ltd Operating Profit Margin which is the profit after deduction of all operating costs, is 11.62% for FY-2025, which is in line with its 5-year median of 11.62% indicating stable margins.

Q: Net Profit Margin of TPL Plastech Ltd?

TPL Plastech Ltd Net Profit Margin is 6.76% for FY-2025, is above its 5-year median of 5.93%, indicating increasing margins. Profitability Metrics. Gross Profit Margin (%), Current: 8.7, Historic Median: 8.3. Operating Profit Margin (%), Current: 11.62, Historic Median: 11.62. Net Profit Margin (%), Current: 6.76, Historic Median: 5.93

Q: Return on Asset of TPL Plastech Ltd?

TPL Plastech Ltd Return on Asset is 9.89%, which is above its 5-year historical median of 7.44%, indicating improved asset utilization efficiency.

Q: Return on capital employed (ROCE) of TPL Plastech Ltd?

TPL Plastech Ltd Return on capital employed is 20.99% for FY-2025, which is above its 5-year historical median of 19.71%. The current ROCE is above its estimated weighted average cost of capital (WACC) of 14%, indicating value creation.

Check Before You Invest : TPL Plastech Ltd

Snapshot

Q.1 Which industry/sub-sector does TPL Plastech Ltd belong to?

TPL Plastech Ltd belongs to the Chemicals & Fertilizers sector, operating specifically within the Plastic Products segment.

Q.2 Is TPL Plastech Ltd a good quality company?

TPL Plastech Ltd is a good quality company, based on a consistently good multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

Q.3 Is TPL Plastech Ltd undervalued or overvalued?

TPL Plastech Ltd appears Fair, as its key valuation ratios are in line with their past averages.

Based on the industry it operates in, the relevant valuation ratios include one of the following, P/E, P/BV, P/Sales, EV/EBITDA or a combination of two or more.

Valuation Ratios	Current	5-year Historic Median
Price to Earnings	17.9	21.69
Price to Book	3.1	3.09
Price to Sales	1.24	1.33
EV to EBITDA	10.96	11.84

Q.4 Is TPL Plastech Ltd a good buy now?

TPL Plastech Ltd is a neutral opportunity now, based on stable price trend analysis suggesting prices may move sideways. However, you need to check its quality and valuation before making a decision

Performance Analysis

We have analysed the performance of the company on the following:

How has it performed on generating Profits?
By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.
How efficiently has it utilized Capital?
By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.
How is it managing its Debt?
By checking its Debt to Equity and Cash Flow from Operations.

A: What are the trends in revenue and profit margins?

Q.1 Revenue growth of TPL Plastech Ltd?

TPL Plastech Ltd revenue growth is 11.6% for FY-2025, which is above its 5-year CAGR of 10.79%, indicating faster growth.

Q.2 Gross Profit margin of TPL Plastech Ltd?

TPL Plastech Ltd Gross profit margin which is the profit after deduction of direct costs, is 8.7% for FY-2025, which is in line with its 5-year median of 8.3%, indicating stable margins.

Q.3 Operating Profit Margin of TPL Plastech Ltd?

TPL Plastech Ltd Operating Profit Margin which is the profit after deduction of all operating costs, is 11.62% for FY-2025, which is in line with its 5-year median of 11.62% indicating stable margins.

Q.4 Net Profit Margin of TPL Plastech Ltd?

TPL Plastech Ltd Net Profit Margin is 6.76% for FY-2025, is above its 5-year median of 5.93%, indicating increasing margins.

	Current Level	5-year Historic Median
Gross Profit Margin (%)	8.7	8.3
Operating Profit Margin (%)	11.62	11.62
Net Profit Margin (%)	6.76	5.93

B: Does the business utilize capital efficiently?

Q.5 Return on Asset of TPL Plastech Ltd?

TPL Plastech Ltd Return on Asset is 9.89%, which is above its 5-year historical median of 7.44%, indicating improved asset utilization efficiency.

Q.6 Return on capital employed (ROCE) of TPL Plastech Ltd?

TPL Plastech Ltd Return on capital employed is 20.99% for FY-2025, which is above its 5-year historical median of 19.71%. The current ROCE is above its estimated weighted average cost of capital (WACC) of 14%, indicating value creation.

Q.7 Return on Equity (ROE) of TPL Plastech Ltd?

TPL Plastech Ltd Return on equity is 16.98% for FY-2025, which is above its 5-year historical median of 14.72%, indicating the business is making better use of its shareholders capital.

Q.8 Cash conversion cycle of TPL Plastech Ltd?

TPL Plastech Ltd Cash conversion cycle is 55 days, above its 5-year historical median of 41 days, indicating deteriorated working capital management. However, you need to compare this with its peers in the industry.

	Current Level	5-year Historic Median
Asset Turnover (x)	1.71	1.48
ROE (%)	16.98	14.72
ROCE (%)	20.99	19.71
Cash Conversion Cycle	55 days	41 days

C: How much debt does the business have and is it at a sustainable level?

Q.9 Debt to Equity ratio of TPL Plastech Ltd?

TPL Plastech Ltd Debt-to-Equity ratio is 0.30, which is above the industry average of 0.25, indicating higher debt levels in the industry.

Q.10 Debt to cash flow from operations of TPL Plastech Ltd?

TPL Plastech Ltd Debt to cash flow from operations is 2.67, which is at a moderate level.

Ownership & governance

D: Promoter shareholding and pledge status of TPL Plastech Ltd?

Q.1 Promoter shareholding and pledge status of TPL Plastech Ltd?

Promoters hold 74.86% of the TPL Plastech Ltd, with 0.00% of their stake pledged, indicating no pledge risk.

Peer comparison (industry-wise, mcap)

E: How does TPL Plastech Ltd performance compare with that of its Peers?

Q.1 Revenue growth of TPL Plastech Ltd vs industry peers?

TPL Plastech Ltd revenue CAGR is 10.79%, compared to the industry median CAGR of 4.71%, indicating faster growth and gaining its market share.

Profit Metrics

	Current Level	5-year Industry Median
Revenue Growth (%)	11.6	4.7
Gross Profit Growth (%)	16.1	14.3
Operating Profit Growth (%)	13.9	10.1
Net Profit Growth (%)	20	18.7

Operating Efficiency

	Current Level	5-year Industry Median
Asset Turnover (x)	1.71	1.06
ROE (%)	16.98	5.91
ROCE (%)	20.99	8.75
Cash Conversion Cycle (days)	54.84	77

Valuation & price assessment

Q.1 Stock return of TPL Plastech Ltd over the last decade?

Over the last 9 year(s), the stock has delivered a CAGR of 2.3% based on the current price.

	9Y	5Y	3Y	1Y
Share Price CAGR	2.3%	21.8%	15.7%	-25.8%

Q.2 Valuation ratios of TPL Plastech Ltd vs historical?

The current P/E ratio of 17.9 is lower than its historical median of 21.69, indicating that the stock is trading below its historical average valuation.

Q.3 How do the current valuation ratios compare with 5-year historical median and industry numbers?

Valuation Ratios	Current	5-year Historic Median	5-year Industry Median
Price to Earnings	17.9	21.69	22.05
Price to Book	3.1	3.09	1.89
Price to Sales	1.24	1.33	1.33
EV to EBITDA	10.96	11.84	10.86

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Check Before You Invest : TPL Plastech Ltd

Snapshot

Performance Analysis

Ownership & governance

Peer comparison (industry-wise, mcap)

Profit Metrics

Operating Efficiency

Valuation & price assessment

Check more companies

Check trending companies

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