This small-cap stock engaged in manufacturing a diverse range of paperboard and flexible packaging solutions for various industries, such as liquor, food and beverages, consumer goods, and pharma, jumped 8% after inaugurating a new greenfield facility in Chennai.
Stock Price Movement:
With a market capitalization of Rs. 4,231.50 crores, the share of TCPL Packaging Limited has reached an intraday high of Rs. 4,679.70 per equity share, rising nearly around 8.25 percent from its previous day’s close price of Rs. 4,323.20. Since then, the stock has retreated and is currently trading at Rs. 4,632.30 per equity share.
What Happened:
TCPL Packaging has opened a new, advanced greenfield facility near Chennai to boost its presence in southern India. This new facility focuses on producing paperboard cartons and will help improve the company’s logistics and service capabilities.
This facility is a significant step in TCPL’s growth strategy, allowing for quicker and more efficient deliveries while meeting the rising demand for sustainable packaging. The expansion strengthens TCPL’s reach across India and supports its long-term business growth.
Management commentary :
Mr. Saket Kanoria, Managing Director, TCPL Packaging Limited, said that “The commissioning of our Chennai Greenfield facility marks a key milestone in our growth journey. This expansion augments our ability to serve customers in a high-potential market while supporting our long-term vision for scalability and industry leadership. The new plant will drive operational efficiency, improve service delivery, and further strengthen our position in the sustainable packaging industry.”
Products Offering:
The company specializes in paperboard-based packaging, including folding cartons, blister packs, and shelf-ready packaging. It also manufactures flexible packaging products like printed cork-tipping paper and laminates. The company serves diverse industries, including tobacco, liquor, food and beverages, consumer goods, pharmaceuticals, and electronics.
Manufacturing Facilities:
TCPL operates manufacturing facilities in Silvassa, Haridwar, Goa, Greater Noida, and Assam, along with marketing offices located across India, ensuring a strong national presence.
Recent quarter results:
TCPL Packaging Limited’s revenue has increased from Rs. 354 crore in Q3 FY24 to Rs. 458 crore in Q3 FY25, which has grown by 29.38 percent. The net profit has also grown by 80.95 percent from Rs. 21 crore in Q3 FY24 to Rs. 38 crore in Q3 FY25.
Written by – Nikhil Naik
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