| Metric | Value (₹ Cr) | vs Q2 FY25 |
|---|---|---|
| Revenue | 91.04 | 2.4% |
| Total Income | 91.06 | 2.4% |
| Expenditure | 82.65 | 1.0% |
| PBT | 8.41 | 17.7% |
| Net Profit | 6.93 | 29.4% |
| OPM | 6.41% | 1.32pp |
| NPM | 7.61% | 1.59pp |
| EPS | 0.89 | 29.0% |
TPL Plastech Reports 10.17% Y-o-Y Revenue Increase and 12.06% EBITDA Margin for Q3 FY25
11 Feb 2025 · 11 Feb 2025, 01:44 am
Summary
TPL Plastech Limited, a manufacturer of technology-based Industrial Packaging products, has reported its Unaudited Financial Results for the quarter ended December 31, 2024. The company saw a 10.17% Y-o-Y increase in revenue and a 12.06% EBITDA margin for Q3 FY25. The volume growth of ~14% can be attributed to the enhanced operational momentum at the Greenfield unit in Dahej (Gujarat). The company is also focusing on maintaining its Return on Capital Employed (ROCE) and is strategically positioned to cater to the increasing demand from industries like agrochemicals, as well as emerging sectors. The company is estimating to complete its new Greenfield manufacturing facility in FY 2025-26.
Key Highlights
- 1
Revenue from Operations for Q3 FY25 stood at INR 109.79 Mn, showing a Y-o-Y increase of 10.17%
- 2
EBITDA Profit After Tax for Q3 FY25 was INR 69.33 Mn, with a Y-o-Y increase of 17.97%
- 3
The volume growth of ~14% in Q3 FY25 can be attributed to the enhanced operational momentum at the Greenfield unit in Dahej (Gujarat)
- 4
The company is focusing on maintaining its Return on Capital Employed (ROCE) which stood at ~20% in FY24
- 5
TPL Plastech is strategically positioned to cater to the increasing demand from industries like agrochemicals, as well as emerging sectors
Management Comments
TPL Plastech Ltd.
Driven by sustained demand across core sectors such as chemicals, specialty chemicals, and pharmaceuticals, we have adeptly met the growing need for industrial packaging solutions. For the quarter ending 31st December 2024, our volume surged by 14.26% YoY, while total revenue increased by 10.17% YoY. Our EBITDA margin rose to 12.06% in Q3 FY25. For the 9M FY25, we recorded a 15.76% growth in volume, an 11.73% rise in revenue, and 11.39% EBITDA margins, with expectations for further improvement as demand for high-value Intermediate Bulk Containers (IBCs) strengthens. Looking ahead, the Industrial Packaging market is set for steady growth, driven by expanding demand in emerging markets and evolving regulatory standards surrounding packaging safety and quality. The swift advancement of automation and digitalization in packaging processes is improving operational efficiency, reducing labor costs, and enhancing traceability—critical factors for industries like pharmaceuticals and chemicals. Moreover, as chemical manufacturing shifts from China to other Asian economies, particularly India, significant opportunities are emerging in the region. With these favorable trends, the global industrial packaging market is projected to surpass $104 billion by 2028, positioning us for sustained growth and continued value creation.
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