TPI India Ltd (TPINDIA) · mywealthgrid

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About

TPI India Ltd operates in Packaging within the Industrials sector.

Face value: ₹1

Market cap

₹78 Cr

P/E

222.9×

P/B

—

Dividend yield

ROE

—

ROCE

—

Debt / equity

—

OPM

12%

EPS (TTM)

₹0.1

Book value

₹-2.7

52-week high

—

52-week low

—

708 historical price candles were omitted because the exchange source has not been verified.

₹18.1+1.3%1Y

Quick read

rule-based

Pros

No positive flags triggered.

Cons

−Profit declined 46.1% a year over the last 3 years
−Expensive at 222.9× trailing earnings
−Promoter holding fell 16.3 pts over the last year

Research score

Structured signal from quality, growth, valuation and momentum.

21/100

Business quality: 20
Growth: 43
Valuation: 0

Revenue & net profit

₹ crore, by fiscal year

RevenuePAT

Margins

% of revenue, by fiscal year

OPMPAT margin

Peers

Comparable companies from the narrowest available industry classification.

Screen this industry Compare top 5 side-by-side

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Financials

Reported profit and loss, balance sheet, cash flow and growth history.

Annual Quarterly

Standalone figures · ₹ crore · years without a filed annual are summed from quarters

₹ Cr	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	35	36	27	23	17	18	23	21	24	30	34
COGS	-25	-31	-22	-19	-13	15	17	15	16	21	23
Gross profit	—	—	—	—	—	3	5	7	7	9	11
	57	68	51	49	32	5	6	6	7	7	7
	3	-1	-3	-7	-2	-1	-0	1	0	2	4
OPM %	8%	-3.1%	-10.4%	-31.2%	-10.4%	-7.1%	-0.6%	3.2%	1.3%	7.7%	12%
Depreciation	1	1	1	1	1	0	0	0	0	1	1
Interest	4	5	1	1	1	1	1	1	2	1	1
	—	—	—	—	—	0	0	16	2	0	0
Profit before tax	-1	-4	-4	-8	-3	-2	-1	16	0	0	3
Tax	—	—	—	—	—	0	0	0	0	0	0
Tax %	—	—	—	—	—	0%	0%	0%	0%	0%	4.9%
	-1	-4	-4	-8	-3	-2	-1	16	0	0	2
PAT margin %	-4%	-12%	-16.4%	-37.2%	-17.8%	-12.7%	-4.3%	74.5%	1.9%	1.2%	7.3%
EPS (₹)	—	—	-1	-2	-0.7	-0.5	-0.2	—	0.1	0.1	0.6
EPS adjusted (₹)	—	—	—	—	—	—	-0.2	3.7	0.1	0.1	0.6
Annual report	Annual report for Mar 2016	Annual report for Mar 2017	Annual report for Mar 2018	Annual report for Mar 2019	Annual report for Mar 2020	Annual report for Mar 2021	Annual report for Mar 2022	Annual report for Mar 2023	Annual report for Mar 2024	Annual report for Mar 2025	—

₹ Cr	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity capital	—	4	4	4	4	4
Reserves	—	-35	-19	-19	-18	-16
	—	22	12	15	16	15
	9	16	10	8	7	9
Total equity & liabilities	9	8	7	9	9	13
	—	3	3	4	3	3
CWIP	—	0	—	—	—	—
Investments	0	0	0	0	0	0
	9	5	4	5	6	9
Total assets	9	8	7	9	9	13

₹ Cr	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	1	1	11	-3	1	3
	-0	-0	-0	1	-0	-1
	-1	-1	-11	2	-1	-2
Net cash flow	-0	-0	-0	0	-0	0
Free cash flow	1	1	—	-3	1	2
CFO / Operating profit %	—	—	—	-809.7%	37.9%	69.4%

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Ratios

Annual operating, return, leverage and working-capital ratios.

Standalone figures

Ratio	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	—	—	18.7%	23.7%	31.1%	31.2%	30.5%	33.1%
EBITDA margin %	-31.2%	-10.4%	-7.1%	-0.6%	3.2%	1.3%	7.7%	12%
EBIT margin %	-34.2%	-14.3%	-9.5%	-1.7%	2%	0.1%	5.5%	10.4%
PAT margin %	-37.2%	-17.8%	-12.7%	-4.3%	74.5%	1.9%	1.2%	7.3%
Working capital
Receivable days	—	—	—	32	27	28	32	47
Inventory days	—	—	64	49	51	59	46	60
Payable days	—	—	—	59	50	37	62	72
NWC days	—	—	—	22	27	50	16	35
Leverage
Current ratio	—	—	0.16	0.14	0.31	0.45	0.35	0.45
Debt to EBITDA	—	—	—	—	17.99	48.87	6.95	3.71
Debt to equity	—	—	—	-0.72	-0.81	-1.04	-1.14	-1.29
Interest coverage	-11	-4	-2.6	-0.4	20.4	0.1	1.3	3.2
Asset turnover	—	—	2.07	2.93	3.1	2.67	3.23	2.7
Return ratios
Return on assets %	—	—	-26.4%	-12.5%	230.7%	5.2%	3.8%	19.7%
Return on capital employed %	—	—	6.8%	1.2%	-302.5%	-8.2%	-23.9%	-56.9%
Return on equity %	—	—	—	3.1%	-105.7%	-3.2%	-2.5%	-21.3%

Derived from reported annual statements. ROCE uses EBIT over capital employed (total assets less current liabilities). Day counts average the opening and closing balance; receivables turn on revenue, inventory and payables on cost of goods sold.

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Shareholding

Quarterly ownership, named holders, insider transactions and disclosed deals.

Quarterly Annual

Every quarter filed · % of equity

Holder (%)	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	93.51%	93.51%	93.51%	75%	75%	75%	75%	75%	58.71%	58.71%	58.71%	58.71%
FII	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%
Government	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
	6.47%	6.47%	6.47%	24.98%	24.98%	24.98%	24.98%	24.98%	41.27%	41.27%	41.27%	41.27%
No. of shareholders	—	—	—	—	—	—	—	—	8,776	8,702	8,528	8,577

Promoter holding down 34.8 percentage points since Sep 2023.

49 deals · 7 May 2024 – 19 Aug 2026

Date	Client	Type	Venue	Side	Quantity	Price	Value
19 Aug 2026	SHRENI SHARES LTD	Bulk	BSE	Sell	5,00,000	₹22.44	₹1.12 Cr
19 Aug 2026	PARMANAND KEJRIWAL & SONS PRIVATE LIMITED	Bulk	BSE	Buy	5,00,000	₹22.44	₹1.12 Cr
19 Aug 2026	L7 HITECH PRIVATE LIMITED	Bulk	BSE	Buy	3,03,000	₹22.43	₹0.68 Cr
19 Aug 2026	JAGID VANITABEN RAJENDRAPRASAD	Bulk	BSE	Sell	2,24,026	₹22.44	₹0.50 Cr
19 Aug 2026	JAGID VANITABEN RAJENDRAPRASAD	Bulk	BSE	Buy	2,24,026	₹22.35	₹0.50 Cr
19 Aug 2026	L7 HITECH PRIVATE LIMITED	Bulk	BSE	Sell	87,059	₹22.44	₹0.20 Cr
22 May 2026	VVJ CAPITAL STOCK BROKING	Bulk	BSE	Buy	3,10,700	₹21.00	₹0.65 Cr
21 May 2026	SAMAY ARUNKUMAR PRAJAPATI	Bulk	BSE	Buy	2,80,000	₹20.94	₹0.59 Cr
20 May 2026	MANSUKHBHAI GORDHANBHAI BHUT	Bulk	BSE	Sell	3,25,000	₹18.00	₹0.59 Cr
20 May 2026	PANKAJKUMAR JAYANTILAL PATEL	Bulk	BSE	Sell	2,35,000	₹17.55	₹0.41 Cr

1–10 of 49

1 / 5

Bharat ParekhManaging Director
Ishan Dilipkumar SelarkaDirector
Ravindra ShuklaDirector
Sanjana KanthimathinathanWoman Director
Ms. Punam NyaynirguneNon - Executive Non -Independent Director
Mahesh KhapareChief Financial Officer
Mr. Hardik JainCompany Secretary & Compliance Officer

Current officeholders as filed with BSE. A person holding two offices is listed once per office.

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F&O

Current futures and options contracts with compact option-chain pages.

Not in the F&O segment

Only about 210 stocks have listed futures and options. Contracts appear here for those, refreshed after each close.

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Fund holders

Mutual-fund schemes that disclosed a holding in the company.

No fund holdings on record

No scheme among the 32 fund houses on record reported a position in TPI India Ltd. Portfolios are published monthly by each AMC; coverage is still partial.

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Documents

Annual reports, exchange filings, offer documents, ratings and earnings-call material.

Announcements

Annual reports

Documents link to external sources (exchange filings, company investor pages).

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Events

Upcoming dates and the company’s corporate-action history.

1

Board meeting to consider results14 Aug 2026

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Announcements

Latest exchange announcements, filings and downloadable documents.

1 month 3 months 6 months 1 year All

39 announcementsExport CSV

1 Oct 2026, 7:15 pmAGM/EGM

Shareholder Meeting / Postal Ballot-Scrutinizer''s Report

AGM PDF

29 Sept 2026, 8:45 pmAGM/EGM

Shareholder Meeting / Postal Ballot-Outcome of AGM

AGM PDF

8 Sept 2026, 12:46 pmCorp. Action

Intimation Of Cut-Off Date For Remote E-Voting And Closure Of Register Of Members & Share Transfer Books For The Purpose Of The 44Th Annual General Meeting (AGM).

Book Closure PDF

7 Sept 2026, 7:26 pmOthers

Reg. 34 (1) Annual Report.

Reg. 34 (1) Annual Report PDF

7 Sept 2026, 7:18 pmAGM/EGM

Submission Of Annual Report Of FY 2025-26 And Notice Of 44Th Annual General Meeting (AGM) Of TPI India Limited Under Regulation 34 Of SEBI (Listing Obligations And Disclosures Requirements) Regulations, 2015

AGM PDF

7 Sept 2026, 12:05 pmCompany Update

Announcement under Regulation 30 (LODR)-Newspaper Publication

Newspaper Publication PDF

4 Sept 2026, 5:53 pmCompany Update

Disclosure Of Board Meeting Held On Friday, September 4, 2026

General PDF

4 Sept 2026, 11:09 amCompany Update

Announcement under Regulation 30 (LODR)-Newspaper Publication

Newspaper Publication PDF

Date	Category	Subject	Filing
1 Oct 2026, 7:15 pm	AGM/EGM AGM	Shareholder Meeting / Postal Ballot-Scrutinizer''s Report	PDF
29 Sept 2026, 8:45 pm	AGM/EGM AGM	Shareholder Meeting / Postal Ballot-Outcome of AGM

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Ratio	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	—	—	18.7%	23.7%	31.1%	31.2%	30.5%	33.1%
EBITDA margin %	-31.2%	-10.4%	-7.1%	-0.6%	3.2%	1.3%	7.7%	12%
EBIT margin %	-34.2%	-14.3%	-9.5%	-1.7%	2%	0.1%	5.5%	10.4%
PAT margin %	-37.2%	-17.8%	-12.7%	-4.3%	74.5%	1.9%	1.2%	7.3%
Working capital
Receivable days	—	—	—	32	27	28	32	47
Inventory days	—	—	64	49	51	59	46	60
Payable days	—	—	—	59	50	37	62	72
NWC days	—	—	—	22	27	50	16	35
Leverage
Current ratio	—	—	0.16	0.14	0.31	0.45	0.35	0.45
Debt to EBITDA	—	—	—	—	17.99	48.87	6.95	3.71
Debt to equity	—	—	—	-0.72	-0.81	-1.04	-1.14	-1.29
Interest coverage	-11	-4	-2.6	-0.4	20.4	0.1	1.3	3.2
Asset turnover	—	—	2.07	2.93	3.1	2.67	3.23	2.7
Return ratios
Return on assets %	—	—	-26.4%	-12.5%	230.7%	5.2%	3.8%	19.7%
Return on capital employed %	—	—	6.8%	1.2%	-302.5%	-8.2%	-23.9%	-56.9%
Return on equity %	—	—	—	3.1%	-105.7%	-3.2%	-2.5%	-21.3%

Company	Mkt Cap	EV	Revenue	EBITDA	OPM	PAT	NPM	ROCE	ROE	WC Days
Epl LimitedEPLEPL	₹7,443 Cr	₹8,152 Cr	₹5,043 Cr	₹1,000 Cr	20.3%	₹388 Cr	8.3%	19.5%	14.9%	97
Agi Greenpac LimitedAGIAGI	₹5,116 Cr	₹5,355 Cr	₹2,763 Cr	₹628 Cr	22.3%	₹362 Cr	13.2%	18.6%	15.6%	188
Uflex LimitedUFLEXUFLEX	₹4,692 Cr	₹14,545 Cr	₹16,866 Cr	₹2,302 Cr	12.2%	₹682 Cr	2.1%	8.6%	4.1%	89
Tcpl Packaging LimitedTCPLPACKTCPLPACK	₹3,574 Cr	₹4,148 Cr	₹1,872 Cr	₹299 Cr	16.2%	₹115 Cr	5.4%	22.4%	14.4%	98
Polyplex Corporation LimitedPOLYPLEXPOLYPLEX	₹3,228 Cr	₹4,145 Cr	₹7,601 Cr	₹592 Cr	4.9%	₹155 Cr	0.6%	1.1%	1.1%	147
Jindal Poly Films LimitedJINDALPOLYJINDALPOLY	₹2,863 Cr	₹6,866 Cr	₹2,152 Cr	₹-613 Cr	-20.2%	₹-989 Cr	-36.6%	-2%	-29.6%	81
Xpro India LimitedXPROINDIAXPROINDIA	₹2,670 Cr	₹2,959 Cr	₹535 Cr	₹50 Cr	6.3%	₹33 Cr	3.9%	3.9%	2.8%	80
Knack Packaging LimitedKNACKKNACK	₹2,211 Cr	₹2,404 Cr	₹736 Cr	₹133 Cr	18.1%	₹74 Cr	10%	47.1%	41.5%	—
Mold-Tek Packaging LimitedMOLDTKPACMOLDTKPAC	₹2,187 Cr	₹2,231 Cr	₹631 Cr	₹121 Cr	19.1%	₹64 Cr	10.1%	24.3%	17.9%	148
Cosmo First LimitedCOSMOFIRSTCOSMOFIRST	₹2,166 Cr	₹3,752 Cr	₹4,004 Cr	₹428 Cr	10.5%	₹167 Cr	4.3%	11.6%	10.1%	10
Huhtamaki India LimitedHUHTAMAKIHUHTAMAKI	₹1,757 Cr	₹1,859 Cr	₹2,610 Cr	₹225 Cr	7.7%	₹136 Cr	4.8%	12.3%	9.5%	26
Arrow Greentech LimitedARROWGREENARROWGREEN	₹1,306 Cr	₹1,306 Cr	₹247 Cr	₹86 Cr	32.2%	₹64 Cr	23.6%	30.4%	22.4%	141

TPI India Ltd

About

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Ratios

Shareholding

F&O

Not in the F&O segment

Fund holders

No fund holdings on record

Documents

Announcements

Annual reports

Events

1

Announcements

Not in the F&O segment

No fund holdings on record

1

Announcements

Annual reports

Compounded sales growth

Compounded profit growth

TPI India Ltd

About

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Profit & loss

Balance sheet

Cash flow

Ratios

Ratio timeline

Shareholding

Quarterly record

Bulk & block deals

Board and management

F&O

Not in the F&O segment

Fund holders

No fund holdings on record

Documents

Announcements

Annual reports

Events

Board meetings1

Announcements

Ratio timeline

Not in the F&O segment

No fund holdings on record

Board meetings1

Quarterly record

Bulk & block deals

Board and management

Announcements

Annual reports

Profit & loss

Balance sheet

Cash flow

Compounded returns

Compounded sales growth

Compounded profit growth

1

1