What we do TPL Plastech Limited manufactures high-density polyethylene containers, plastic drums, fuel tanks and industrial packaging products, serving chemicals, pharmaceuticals, automotive and related industries. |
Founded in 1,992 |
Market share A leading player in industrial plastic packaging with pan-India manufacturing presence and strong parentage under Time Technoplast Limited. |
Problem solved Provides durable, specialized plastic packaging solutions for chemical, pharmaceutical, explosive and automotive sectors to safely contain and transport materials. |
Top clients or who we serve B2B clients in chemicals, pharmaceuticals, petrochemicals, automotive industries, and packaging sectors across India. |
Key management - |
Our journey and innovations Incorporated in 1992, expanded through new plants in Silvassa, Jammu, Pantnagar and Gujarat; acquired Ecotech Green Lifecycle in 2018; launched new Greenfield Dahej plant in 2023. |
Where we operate Operates primarily in India with six manufacturing plants across multiple states including Gujarat, Maharashtra, Jammu, and Uttarakhand. |
Top products or what we offer High-density polyethylene containers, plastic drums, fuel tanks for vehicles, Intermediate Bulk Containers (IBCs), jerry cans, specialized industrial packaging. |
Top brands - |
Raw materials needed High-molecular high-density polyethylene (HMHDPE) and other plastics for blow molding. |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue primarily recurring from manufacturing and sale of plastic packaging products to industrial clients. |
Our industry position Strong market position as subsidiary of Time Technoplast with diversified product offerings and expanding capacities. |
Financial highlights FY 2024-25 consolidated revenue ₹349.33 crore; net profit ₹23.59 crore; revenue up 11.64%, profit up 18.87% year over year. |
Geographical revenue split Revenue predominantly from Indian markets across various states served by multiple plants. |
Order book - |
Whats driving growth Capacity expansion, new product introductions, strategic acquisitions, and increasing demand from chemical and automotive sectors. |
Our future plans Expansion in Dahej Greenfield facility; commencement of wholly owned subsidiary Prokube Containers; continued capacity and product development. |
Our green promise Commits to environmentally friendly production, energy conservation, and sustainable manufacturing processes. |
Our people and values Focus on employee development, inclusive culture, and strong corporate governance with a board of diverse expertise. |
Key challenges ahead Market competition, raw material price volatility, economic fluctuations, and regulatory compliance in plastics sector. |
Interesting facts Introduced Employee Stock Option Plan 2024 to retain talent; maintains robust whistleblower policy and zero tolerance to harassment. |
Risks and strategy Mitigates risks through diversified product lines, strong risk management framework, and strategic expansions aligned with market demand. |
