Dashboard/TPLPLASTEH

TPLPLASTEH

FAIRLY_VALUED

TPL Plastech Limited

IT · NSE

8.3% vs fair value

52W Low

50

+23.5% from low

52W High

94

-34.3% from high

News sentiment (1 articles)
0 bull0 neutral1 bear

Valuation Gauge

FAIRLY_VALUED-8.3% Margin of Safety
OVERVALUEDFAIRLY VALUEDUNDERVALUED

Current Price

₹62

Fair Value

₹57

Fair Value Analysis

₹57

Based on earnings growth potential for IT sector companies | ROCE improving (latest 21.1%) — capital allocation becoming more efficient.

Low confidence

Growth Valuation

100% weight

₹57

Price vs Market

TPLPLASTEH
Nifty 50

Shareholding Pattern

Stock Health Score

B+

Financially Healthy

7.3 / 10

Profitability

8/10

ROE of 15.8% is acceptable for IT sector (benchmark: 20%)

Debt & Leverage

10/10

D/E ratio of 0.1x is well within the IT sector norm of 0.8x — strong balance sheet

Valuation vs Peers

10/10

P/E of 19.2x trades at a 64% discount to IT sector median (53x) — attractively valued

Cash Flow

1/10

Negative FCF of ₹-8 Cr — company is consuming more cash than it generates

Earnings Growth

8/10

5yr EPS CAGR of 21.1% is in line with the IT sector average of 14.2%

Dividend

9/10

Dividend yield of 1.7% provides strong shareholder returns (benchmark: 1.5%)

Sentiment Trend — Last 30 Days

Historical Returns

Key Ratios & Growth

FCF Yield

-1.3%

Free cash flow / market cap

Revenue Growth (YoY)

+7.2%

Year-on-year revenue change

Profit Growth (YoY)

+35.5%

Year-on-year PAT change

Operating Cash Flow

₹16 Cr

TTM cash from operations

Key Financials

EPS (TTM)

₹3.1

P/E Ratio

19.2x

P/B Ratio

3.1x

ROE

15.8%

ROCE

21.8%

Debt / Equity

0.14x

Beta

-0.17

Div Yield

1.6%

FCF (Cr)

₹-8 Cr

Revenue (Cr)

₹349 Cr

EPS Growth 5Y

21.1%

Mkt Cap (Cr)

₹466 Cr

52W High

₹94

52W Low

₹50

Book Value/Share

₹19.5

Financial History

PeriodRevenueOp ProfitOPM%PATEPS
TTM₹401 Cr₹47 Cr12.0%₹28 Cr₹3.57
2025-03-31₹349 Cr₹41 Cr12.0%₹24 Cr₹3.02
2024-03-31₹313 Cr₹36 Cr12.0%₹20 Cr₹2.54
2023-03-31₹271 Cr₹30 Cr11.0%₹16 Cr₹2.06
2021-03-31₹170 Cr₹20 Cr12.0%₹8 Cr₹1.03
2020-03-31₹216 Cr₹24 Cr11.0%₹11 Cr₹1.38
2019-03-31₹226 Cr₹26 Cr11.0%₹11 Cr₹1.47
2018-03-31₹193 Cr₹24 Cr13.0%₹12 Cr₹1.56
2017-03-31₹180 Cr₹22 Cr12.0%₹11 Cr₹1.45

Compounded Growth Rates

Sales Growth

3Y+14.0%
5Y+13.2%
10Y

Profit Growth

3Y+20.5%
5Y+20.5%
10Y

EPS Growth

3Y+20.1%
5Y+20.9%
10Y

Peer Comparison

IT
StockPriceFair ValueMoS%P/EROESignal

Dolat Algotech Limited

₹72₹550.4+86.9%10.320.4%UNDERVALUED

Ceinsys Tech Limited

₹995₹4,355.2+77.2%16.525.5%UNDERVALUED

Shilchar Technologies Limited

₹4,058.1₹14,624.9+72.3%24.643.9%UNDERVALUED

Kellton Tech Solutions Limited

₹15.2₹50.5+70.0%8.712.7%UNDERVALUED

Onward Technologies Limited

₹232₹669.5+65.3%11.619.3%UNDERVALUED

Radhika Jeweltech Limited

₹57.9₹159.1+63.6%8.318.7%UNDERVALUED

Cigniti Technologies Limited

₹1,202.5₹2,990.5+59.8%1126.8%UNDERVALUED

Ducon Infratechnologies Limited

₹3.3₹6.6+49.2%7.710.1%UNDERVALUED

Institutional Activity

Bulk deals, block deals, short selling & delivery volume — NSE data

Insider Trading

Community Pulse

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