TPL Plastech Reports Q2 FY26 Financial Results; Announces Director Appointment and AGM Details

TPL Plastech Reports Q2 FY26 Financial Results; Announces Director Appointment and AGM Details

TPL Plastech Reports Q2 FY26 Financial Results; Announces Director Appointment and AGM Details​

TPL Plastech Limited announced its unaudited financial results for the quarter ending June 30, 2026, following a Board of Directors meeting held on August 4, 2026. The company also detailed the appointment of Mr. Pradip Kumar Das as an Additional Independent Director and set key dates for its upcoming Annual General Meeting (AGM).

The unaudited financial results cover both standalone and consolidated entities. A Limited Review Report for the quarter was issued by M/s Raman S Shah & Associates, Chartered Accountants.

Financial Performance Highlights (Unaudited Standalone)​

TPL Plastech's operations fall under a single segment: Industrial Packaging, in accordance with Indian Accounting Standard IND AS 108. The financial performance details for the quarter ended June 30, 2026, and related periods are provided below (figures are in Rs. Lakhs):

ParticularsQtr Ended 30.06.2026Qtr Ended March 2026Year Ended
Revenue from Operations (Net of Taxes)12,438.0211,406.8142,255.33
Total Income12,439.97-12,439.97
Cost of Materials Consumed10,134.809,428.9434,022.93
Employee Benefits Expenses285.39275.801,071.83
Profit Before Tax (PBT)855.411,012.853,730.48
Profit After Tax (PAT)654.39805.642,907.24
Basic and Diluted EPS0.841.033.73

Consolidated Financial Status​

The consolidated results for the quarter ended June 30, 2026, are as follows (figures are in Rs. Lakhs):

ParticularsQtr Ended 30.06.2026Qtr Ended March 2026Year Ended
Revenue from Operations (Net of Taxes)12,438.0211,406.8142,255.33
Total Income12,438.029,041.31-
Cost of Materials Consumed10,134.809,428.9434,022.93
Profit Before Tax (PBT)853.41731.583,730.31
Profit After Tax (PAT)652.39547.452,907.07
Basic and Diluted EPS0.840.703.73

Key Corporate Decisions and Appointments​

The company announced the appointment of Mr. Pradip Kumar Das (DIN: 06593113) as an Additional Director, designated as a Non-Executive Independent Director, effective from August 4, 2026. This appointment is for a term of five consecutive years and is subject to approval by the Members at the ensuing Annual General Meeting.

Mr. Das, who has 41 years of experience across public and private banking sectors, was appointed following the recommendation of the Nomination and Remuneration Committee. He is noted as not being related to any Director or Promoter of TPL Plastech Limited.

The company also conducted a thorough review and re-constitution of its key oversight bodies:
  • Audit Committee: The committee includes Mr. Deepak Bakhshi (Chairperson) and Mr. Pradip Kumar Das (Additional - Non-Executive Independent Director), along with Mr. Mangesh Sarfare.
  • Nomination and Remuneration Committee: This committee is also chaired by Mr. Deepak Bakhshi, and includes Mr. Pradeep Kumar Das and Mr. Mangesh Sarfare.

Annual General Meeting and Related Party Limits​

The 33rd Annual General Meeting (AGM) of the company's members has been scheduled for Tuesday, September 22, 2026, at 12:00 Noon, which will be held via Video Conferencing/Other Audio Visual Means. The Record Date set to determine members eligible to receive the Final Dividend for the financial year ended March 31, 2026, is Tuesday, September 15, 2026.

Furthermore, the limits of Material Related Party Transactions for the financial year 2027-2028 were approved by the Board and require approval at the AGM:

Related PartyRelationship TypeMaximum Aggregate Amount Approved
Time Technoplast LimitedHolding CompanyRs. 500 Crores
Avion Exim Private LimitedCommon ControlRs. 150 Crores

TPLPLASTEH Stock Price Movement​

Shares of TPL Plastech Limited closed lower today, shedding 2.04% to settle at ₹80.37. The stock recorded a total trading volume of 80,407 shares during the session.
 

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