TCPL Packaging Ltd is one of India's largest manufacturers of printed folding cartons.
Today, TCPL Packaging operates at six manufacturing units, three in Silvassa, two in Haridwar, one in Goa. All the plants are ISO 9001: 2008, ISO 22000 : 2005 certified and are also compliant with BRC/IoP Global Standard-Packaging Issue 3, which is suitable for direct food contact. In addition, plants at Silvassa and Haridwar are also FSC certified & SEDEX Compliant.
TCPL is one of the largest exporters of printed cartons from India. It regularly caters to consumers in countries like UK, The Netherlands, UAE, Bangladesh etc.
Exports constitute about 22% of TCPL's annual revenues.
TCPL manufactures following range of products:
Printed blanks & outers, Folding cartons, Litho Lamination, Plastic cartons, Blister paper, Shelf ready packaging.
Industries Served:
-- Liquor
-- Food & Beverages
-- FMCG
-- Pharma
The company is trading at CMP of 120, with EPS of 14.37 which looks very good. The P/E ratio is 8 v/s Industyr P/E of 21 which means it ie very undervalued. The results have been constantly good and dividends are paid regularly. The company has high debt, but its acceptable as it is a part of business model. It may follow Manjushree Technopack and may go to new heights. Please do your own research before investing.
Today, TCPL Packaging operates at six manufacturing units, three in Silvassa, two in Haridwar, one in Goa. All the plants are ISO 9001: 2008, ISO 22000 : 2005 certified and are also compliant with BRC/IoP Global Standard-Packaging Issue 3, which is suitable for direct food contact. In addition, plants at Silvassa and Haridwar are also FSC certified & SEDEX Compliant.
TCPL is one of the largest exporters of printed cartons from India. It regularly caters to consumers in countries like UK, The Netherlands, UAE, Bangladesh etc.
Exports constitute about 22% of TCPL's annual revenues.
TCPL manufactures following range of products:
Printed blanks & outers, Folding cartons, Litho Lamination, Plastic cartons, Blister paper, Shelf ready packaging.
Industries Served:
-- Liquor
-- Food & Beverages
-- FMCG
-- Pharma
The company is trading at CMP of 120, with EPS of 14.37 which looks very good. The P/E ratio is 8 v/s Industyr P/E of 21 which means it ie very undervalued. The results have been constantly good and dividends are paid regularly. The company has high debt, but its acceptable as it is a part of business model. It may follow Manjushree Technopack and may go to new heights. Please do your own research before investing.
TCPL standing firm with upper circuit even in tough situations when nifty was 500 down.....grab this gem guyss!!
ReplyDeleteHi, why you stopped posting new ideas?
ReplyDeleteKrishnaraj S
Hi Krishnaraj,
DeleteDue to strong regulations against posting stock recommendations by SEBI, I had to quit blogging. I hope you understand.
THanks