TCPL Packaging (TCPLPACK)

FairStock Score: 40/100 — MIXED

Score breakdown: P/E: 1/3 · ROCE: 1/2 · Growth: 0/2 · Dividend: 0/1

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

Let me start with what I like. TCPL Packaging earns a return on equity of 19.28% and ROCE of 20.03%—those are respectable figures. Promoters own 55.74%, so interests are aligned. There is also a dividend, though modest at 1.13%. But as Graham taught, past returns are not enough. Sales growth is negative at -1.02%, and profit growth has fallen -14.84%. The latest quarter shows net profit of ₹25 Cr on sales of ₹453 Cr, so margins are under pressure. At ₹2,630, the stock trades at 20.39 times earnings and 4.13 times book value. That is not a bargain for a business whose earnings are shrinking. Book value is ₹636.17, but you are paying over four times that. Debt/equity of 1.03 is acceptable, but the Piotroski F-score of 3/9 is a red flag—it tells me operating efficiency and balance-sheet quality are deteriorating. The independent FairStock score of 9/100 says 'Risky'. I do not need to be clever. When profit and sales are both going backward, paying a premium multiple is the opposite of a margin of safety. The 52-week range of ₹2,200 to ₹4,427 shows real volatility; just because the stock is down from its peak does not make it cheap. I would wait for evidence of stabilisation—positive quarterly sales growth, better profit margins, and an improving F-score—before considering this. Packaging can be a decent business, but the current numbers do not demonstrate a moat strong enough to protect earnings. I will pass for now.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data from BSE/NSE filings. AI analysis is for educational purposes only — not investment advice. Scoring methodology · Disclaimer