TCPL Packaging Reports Q1 FY2027 Results; Announces Entry into Lithium-Ion Battery Separator Films

TCPL Packaging Reports Q1 FY2027 Results; Announces Entry into Lithium-Ion Battery Separator Films​

TCPL Packaging Limited (TCPL) has announced its un-audited financial results for the first quarter of Fiscal Year 2027, ending June 30, 2026. The company highlighted a strong start to FY2027 across its packaging business while also detailing a strategic foray into the advanced energy materials sector.

The consolidated results showed Total Income reaching Rs. 494.9 crore, marking a 15.9% increase year-on-year (YoY). EBITDA (including other income) stood at Rs. 87.9 crore, achieving an EBITDA margin of 17.8%. Profit After Tax (PAT) increased 79% YoY to Rs. 40.0 crore, while Cash PAT reached Rs. 75.6 crore, up 56% compared to the previous year.

The company reported robust performance across its segments.

Financial Performance Summary​

The following table details the consolidated and standalone financial metrics for Q1 FY27:


Additionally, the company reported performance metrics comparing Q1 FY27 against the full fiscal year (FY) results for 2026:

Strategic Growth and Market Positioning​

Mr. Saket Kanoria, Chairman & Managing Director of TCPL Packaging Limited, commented on the results, stating that FY2027 has begun strongly with broad-based and profitable growth. He noted that revenue increased by 16% YoY, EBITDA grew by 17%, and cash profit rose by 56%, reflecting healthy domestic demand and improved operating performance alongside sustained investments.

Mr. Kanoria highlighted the exceptional performance of both the Folding Cartons and Flexible Packaging businesses, which positions TCPL to continue growing ahead of the market. With its existing Flexible Packaging facility operating at optimal utilization, the company is expanding capacity by adding a new high speed line to support future growth.

New Ventures in Advanced Materials​

Alongside strengthening core packaging operations, TCPL announced a strategic entry into the lithium-ion battery materials business through a proposed subsidiary. This venture aims to manufacture specialized lithium-ion battery separator films.

This move provides a long term opportunity in the rapidly growing advanced energy materials sector. The expansion plans include:

• Deployment of approximately ₹ 125 crore over the next 18 months through the proposed subsidiary.
• Initial manufacturing capacity set at 70 million sq metres per annum, capable of supporting 6 to 8 GWh of lithium-ion cell production annually.
• Long term plans anticipate expanding this manufacturing capability to approximately 500 million sq metres per annum (supporting ~50 GWh) over the next 5 to 7 years.

This strategic investment positions the TCPL Group within India's expanding EV and energy storage ecosystem, aiding domestic battery component manufacturing and reducing import dependence.

TCPL Packaging Limited is one of India's leading producers of sustainable packaging solutions, offering a range that includes folding cartons, plastic cartons, blister packs, laminates, and specialized packaging for various industries.

TCPLPACK Stock Price Movement​

Shares of TCPL Packaging Limited surged through the trading session, finishing with an 8.87% increase today as investors responded positively to recent company developments. The rally was exceptional, pushing the equity to hit its 52-week high mark while trade volumes measured nearly 47,724 shares.