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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
TCPL Packaging Limited is an India-based packaging company. The Company is a manufacturer of printed packaging materials, such as cartons, boxes, shells, hinge lid blanks and is also a manufacturer of flexible packaging materials. It manufactures folding cartons, printed…
Weekly engine runs — movement reflects the numbers, not analyst opinion.
A middling, stagnant business, priced for perfection.
TCPL Packaging is scored on the general / industrial framework. It keeps a slim 5.3% of every rupee of sales as net profit. Those profits are backed by real cash — operating cash flow runs 2.77× reported profit. Free cash flow is worth about 3.2% of its market value.
Over the last 3 years revenue compounded at 7%/yr and profit at -4%/yr. Book value itself has compounded 18%/yr — the hallmark of a genuine compounder. Return on equity is a healthy 16.9%. In the latest quarter profit grew 84% versus the prior quarter.
At 41× earnings, the stock sits at the 98th percentile of its own 3.6-year range — the expensive end of where it has historically traded. Today's price implies ~15%/yr earnings growth for a decade. The books come through clean — a forensic grade of A, and Altman puts distress risk in the safe zone.
A plain-English restatement of the figures on this page — rules-based, for education and research context, not investment advice or a recommendation.
| Ratio | Company | Sector | Read |
|---|---|---|---|
| P/E | 30.53 | 20.28 | worse |
| P/B | 5.15 | 2.32 | worse |
| EV/EBITDA | 14.07 | 21.23 | better |
| ROE | 16.87 | 6.4 | better |
| ROCE | 17.42 | 10.58 | better |
| ROA | 7.31 | 4.88 | better |
| Quick Ratio | 0.87 | 1.83 | worse |
| Peer | P/E | P/B | ROE |
|---|---|---|---|
| INOX India | 65.4 | 13.9 | 21.2% |
| Garware Hi-tech Films | 41.7 | 6.1 | 14.7% |
| EPL | 17.8 | 2.3 | 12.5% |
Revenue has grown every year across all 4 financial years shown. 7% CAGR — growing but slowly. Growth is decelerating — latest year grew slower than the year before.
Revenue is outpacing profit (7% vs -4%) — costs are rising faster than the top line. The latest year saw a -32% swing — check if it's a one-off or structural.
Operating margins have been stable around 8% — no major structural shift.
ROE at 14% — a respectable return on shareholder capital. Capital efficiency declining — ROE down 11pp.
EPS dropped in the latest year despite possible profit changes — dilution or a profit dip could be at play. -4% EPS CAGR — this is the rate at which each share's claim on earnings is compounding.
Operating cash flow has been positive every year — the business generates real cash, not just accounting profit. Cash conversion at 2.8× PAT — earnings are well-backed by cash; strong accrual quality. Heavy investing spend every year, but operations generate enough to cover it — the business self-funds its growth.
When operating cash keeps pace with reported profit, earnings are cash-backed; a persistent shortfall is a quality flag.
Revenue rose 6% sequentially — momentum is building. Low quarterly variance (6% spread) — a predictable, non-seasonal revenue stream.
Profit jumped 84% QoQ — check if this is operating leverage or a one-off item.
How today's P/E compares to the stock's own historical range. Dashed line = the 3.6y median.
Promoter holding at 55.7% — majority control intact.
Produced by a rules-based engine over licensed exchange fundamentals — every sentence above is derived from the numbers shown, no analyst or AI opinion involved. Education and research context, not investment advice. We are not SEBI-registered as an Investment Adviser or Research Analyst.