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    TPL Plastech Limited

    Capital Goods
    Industrials

    Overview

    Price

    Market Cap

    ₹600 Cr

    Sector

    Capital Goods

    Industrials

    Rank

    Performance

    Financials

    Income Statement

    Financial Trajectories

    11
    Quarterly

    Balance Sheet

    Balance Sheet

    ₹ Cr · Annual
    Line itemFY20FY21FY22FY23FY24FY25FY26FY26
    LiabilitiesEquity Capital88161616161616
    Reserves798487100115132137153
    Borrowings3929204431462219
    Other Liabilities6870846571527668
    Total Liabilities194190207224232245250256
    AssetsFixed Assets6158605684939490
    CWIP779241366
    Investments10000011
    Other Assets124124138144147149149159
    Total Assets194190207224232245250256

    Cash Flow

    Cash Flow

    ₹ Cr · Annual
    Line itemFY19FY20FY21FY22FY23FY24FY25FY26
    ActivitiesCash from Operating9312123-22916
    Cash from Investing-3-3-4-4-10-6-22
    Cash from Financing-7-28-19-1912-246
    SummaryCapital Expenditure
    Free Cash Flow6281719-1224-6
    FCF Margin

    Valuation

    Assumptions

    Current — TPLPLASTEH
    Price
    ₹80
    EPS (TTM)
    ₹3.72
    PE (TTM)
    21.4
    Profit growth
    25.1%

    The Earnings Per Share over the last 12 months.

    %

    Your assumption of the company's expected yearly EPS growth (e.g., 6 for 6%).

    Pre-filled with the lower of median (22.9×) and current (21.4×) PE — the conservative anchor.

    %

    The annualized return you aim to achieve. We solve for the price that delivers it, then compare to today's price.

    Valuation

    Current price
    ₹80
    vs
    Fair value · 15% return
    ₹110
    38%Undervalued

    At 25.1% growth and a 21× exit, ₹80 only delivers your return if you pay ₹110. The price is currently baking in 18% growth.

    EPS grows 25.1%/yr for 5 years, then fades to 6% over 2, exits at 21×.

    YearGrowthEPS (₹)
    FY2725.1%4.65
    FY2825.1%5.82
    FY2925.1%7.28
    FY3025.1%9.11
    FY3125.1%11.40
    FY3215.6% ·fade13.17
    FY336.0% ·fade13.96

    Methodology: we discount normalized net profit as a proxy for owner earnings (an earnings-power approximation — not full free cash flow). Terminal growth is capped at 6% (≈ nominal GDP) regardless of the required return. This is an analytical tool, not investment advice.

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