TCPL Packaging TCPLPACK
Folding-carton and flexible packaging maker entering lithium-ion separator film
Mapped in 1 theme: Battery Storage (PLI-ACC).
Where TCPL Packaging sits in the supply chain
TCPL Packaging appears in 1 supply-chain layer in one theme, Battery Storage (PLI-ACC).
Battery Storage (PLI-ACC) › Battery foils & separators
Emerging entrantOther companies in this layer
Revenue and profit
| ₹ Cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 1,086 | 1,475 | 1,541 | 1,770 | 1,810 |
| Net profit | 47 | 110 | 99 | 143 | 98 |
Latest-year revenue ₹1,810 Cr (FY26, company-wide).
Note: Li-ion separator film (planned).
Strengths
- Board approved (11 Aug 2026) a ~₹125 Cr wet-process separator plant: 70 million m² a year, enough for 6-8 GWh of cells
- Plans to scale to ~500 million m² (~50 GWh) over 5-7 years
Risks
- Commercial production only targeted for early 2028
- New technology for a packaging company; needs cell-maker approval
Common questions
What does TCPL Packaging do?
Folding-carton and flexible packaging maker entering lithium-ion separator film.
Where does TCPL Packaging sit in the supply chain?
TCPL Packaging (NSE: TCPLPACK) is mapped in 1 supply-chain layer: Battery foils & separators (Battery Storage (PLI-ACC)).
Who are TCPL Packaging's peers?
In the Battery foils & separators layer of Battery Storage (PLI-ACC): Hindalco Industries.
What is TCPL Packaging's market cap and valuation?
As of 6 Nov 2026: market cap ₹4,036 Cr, P/E 28.6x, ROCE 17.7%, ROE 15.7%, dividend yield 0.56%.