TCPL Packaging Limited

NSEI:TCPLPACK Stock Report

Market Cap: ₹26.8b

TCPL Packaging Management

Management criteria checks 2/4

TCPL Packaging's CEO is Saket Kanoria, appointed in Feb 1991, has a tenure of 35.42 years. total yearly compensation is ₹64.20M, comprised of 16.6% salary and 83.4% bonuses, including company stock and options. directly owns 2.66% of the company’s shares, worth ₹712.88M. The average tenure of the management team and the board of directors is 7.5 years and 2.9 years respectively.

Key information

Saket Kanoria

Chief executive officer

₹64.2m

Total compensation

CEO salary percentage16.59%
CEO tenure35.4yrs
CEO ownership2.7%
Management average tenure7.5yrs
Board average tenure2.9yrs

Recent management updates

Analysis Article Jul 25

We Think Shareholders Are Less Likely To Approve A Large Pay Rise For TCPL Packaging Limited's (NSE:TCPLPACK) CEO For Now

Key Insights TCPL Packaging's Annual General Meeting to take place on 31st of July CEO Saket Kanoria's total...
Analysis Article Jul 24

We Think Some Shareholders May Hesitate To Increase TCPL Packaging Limited's (NSE:TCPLPACK) CEO Compensation

Key Insights TCPL Packaging's Annual General Meeting to take place on 30th of July Salary of ₹8.40m is part of CEO...

Recent updates

Analysis Article Jul 25

We Think Shareholders Are Less Likely To Approve A Large Pay Rise For TCPL Packaging Limited's (NSE:TCPLPACK) CEO For Now

Key Insights TCPL Packaging's Annual General Meeting to take place on 31st of July CEO Saket Kanoria's total...
Analysis Article Jul 17

TCPL Packaging's (NSE:TCPLPACK) Shareholders Will Receive A Bigger Dividend Than Last Year

TCPL Packaging Limited ( NSE:TCPLPACK ) will increase its dividend from last year's comparable payment on the 30th of...
Analysis Article Jun 02

TCPL Packaging's (NSE:TCPLPACK) Upcoming Dividend Will Be Larger Than Last Year's

TCPL Packaging Limited ( NSE:TCPLPACK ) has announced that it will be increasing its dividend from last year's...
Analysis Article May 27

Should You Be Adding TCPL Packaging (NSE:TCPLPACK) To Your Watchlist Today?

The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
Analysis Article Feb 24

TCPL Packaging Limited (NSE:TCPLPACK) Soars 28% But It's A Story Of Risk Vs Reward

TCPL Packaging Limited ( NSE:TCPLPACK ) shareholders have had their patience rewarded with a 28% share price jump in...
Analysis Article Feb 17

TCPL Packaging (NSE:TCPLPACK) Could Become A Multi-Bagger

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. One common...
Analysis Article Aug 03

Investors Still Aren't Entirely Convinced By TCPL Packaging Limited's (NSE:TCPLPACK) Earnings Despite 27% Price Jump

Despite an already strong run, TCPL Packaging Limited ( NSE:TCPLPACK ) shares have been powering on, with a gain of 27...
Analysis Article Jul 24

We Think Some Shareholders May Hesitate To Increase TCPL Packaging Limited's (NSE:TCPLPACK) CEO Compensation

Key Insights TCPL Packaging's Annual General Meeting to take place on 30th of July Salary of ₹8.40m is part of CEO...
Analysis Article Jul 20

TCPL Packaging (NSE:TCPLPACK) Is Increasing Its Dividend To ₹22.00

TCPL Packaging Limited's ( NSE:TCPLPACK ) dividend will be increasing from last year's payment of the same period to...
Analysis Article Jul 05

TCPL Packaging (NSE:TCPLPACK) Is Paying Out A Larger Dividend Than Last Year

TCPL Packaging Limited ( NSE:TCPLPACK ) has announced that it will be increasing its dividend from last year's...
Analysis Article Jun 20

TCPL Packaging (NSE:TCPLPACK) Has Announced That It Will Be Increasing Its Dividend To ₹22.00

TCPL Packaging Limited ( NSE:TCPLPACK ) has announced that it will be increasing its dividend from last year's...
Analysis Article Jun 19

Cautious Investors Not Rewarding TCPL Packaging Limited's (NSE:TCPLPACK) Performance Completely

TCPL Packaging Limited's ( NSE:TCPLPACK ) price-to-earnings (or "P/E") ratio of 21x might make it look like a buy right...
Analysis Article Jun 01

TCPL Packaging (NSE:TCPLPACK) Is Increasing Its Dividend To ₹22.00

The board of TCPL Packaging Limited ( NSE:TCPLPACK ) has announced that it will be increasing its dividend by 10% on...
Analysis Article Mar 08

Here's Why TCPL Packaging (NSE:TCPLPACK) Has A Meaningful Debt Burden

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article Jul 21

TCPL Packaging (NSE:TCPLPACK) Will Pay A Larger Dividend Than Last Year At ₹20.00

TCPL Packaging Limited ( NSE:TCPLPACK ) will increase its dividend from last year's comparable payment on the 3rd of...
Analysis Article Jul 14

These 4 Measures Indicate That TCPL Packaging (NSE:TCPLPACK) Is Using Debt Reasonably Well

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article Jun 01

TCPL Packaging (NSE:TCPLPACK) Will Pay A Larger Dividend Than Last Year At ₹20.00

TCPL Packaging Limited ( NSE:TCPLPACK ) will increase its dividend from last year's comparable payment on the 3rd of...
Analysis Article Nov 20

These 4 Measures Indicate That TCPL Packaging (NSE:TCPLPACK) Is Using Debt Reasonably Well

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article Oct 07

TCPL Packaging (NSE:TCPLPACK) Is Aiming To Keep Up Its Impressive Returns

What are the early trends we should look for to identify a stock that could multiply in value over the long term? One...
Analysis Article Aug 19

Should You Be Adding TCPL Packaging (NSE:TCPLPACK) To Your Watchlist Today?

The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
Analysis Article Jul 24

We Think That There Are Issues Underlying TCPL Packaging's (NSE:TCPLPACK) Earnings

Despite announcing strong earnings, TCPL Packaging Limited's ( NSE:TCPLPACK ) stock was sluggish. We think that the...
Analysis Article May 12

Does TCPL Packaging (NSE:TCPLPACK) Deserve A Spot On Your Watchlist?

Like a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...
Analysis Article Feb 08

These 4 Measures Indicate That TCPL Packaging (NSE:TCPLPACK) Is Using Debt Extensively

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article Nov 10

Returns On Capital Signal Tricky Times Ahead For TCPL Packaging (NSE:TCPLPACK)

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Amongst other...
Analysis Article Aug 20

Here's Why Shareholders May Want To Be Cautious With Increasing TCPL Packaging Limited's (NSE:TCPLPACK) CEO Pay Packet

CEO Saket Kanoria has done a decent job of delivering relatively good performance at TCPL Packaging Limited...

CEO Compensation Analysis

How has Saket Kanoria's remuneration changed compared to TCPL Packaging's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2026n/an/a

₹978m

Dec 31 2025n/an/a

₹1b

Sep 30 2025n/an/a

₹1b

Jun 30 2025n/an/a

₹1b

Mar 31 2025₹64m₹11m

₹1b

Dec 31 2024n/an/a

₹1b

Sep 30 2024n/an/a

₹1b

Jun 30 2024n/an/a

₹1b

Mar 31 2024₹55m₹8m

₹994m

Dec 31 2023n/an/a

₹966m

Sep 30 2023n/an/a

₹1b

Jun 30 2023n/an/a

₹1b

Mar 31 2023₹53m₹8m

₹1b

Dec 31 2022n/an/a

₹1b

Sep 30 2022n/an/a

₹931m

Jun 30 2022n/an/a

₹641m

Mar 31 2022₹29m₹6m

₹473m

Dec 31 2021n/an/a

₹428m

Sep 30 2021n/an/a

₹388m

Jun 30 2021n/an/a

₹387m

Mar 31 2021₹24m₹5m

₹335m

Dec 31 2020n/an/a

₹331m

Sep 30 2020n/an/a

₹338m

Jun 30 2020n/an/a

₹318m

Mar 31 2020₹18m₹5m

₹365m

Compensation vs Market: Saket's total compensation ($USD674.06K) is above average for companies of similar size in the Indian market ($USD168.76K).

Compensation vs Earnings: Saket's compensation has been consistent with company performance over the past year.


CEO

Saket Kanoria (62 yo)

35.4yrs
Tenure
₹64,196,000
Compensation

Mr. Saket Kahini Kanoria has been Managing Director of TCPL Packaging Limited since February 1991, serves as its Chairman of the Board since February 10, 2026 and serves as its Executive Director. Mr. Kano...


Leadership Team

NamePositionTenureCompensationOwnership
Saket Kanoria
MD & Chairman of the Board35.4yrs₹64.20m2.66%
₹ 712.9m
Sohan Nanavati
Executive Director & Nodal Officer3.2yrs₹8.05mno data
Akshay Kanoria
Executive Directorno data₹15.84m1.26%
₹ 338.0m
Vidur Kanoria
Executive Directorno data₹16.19m1.26%
₹ 338.0m
Jitendra Jain
CFO and VP of Finance & Accounts4.3yrsno datano data
Harish Anchan
Company Secretary & Compliance Officer10.8yrsno datano data
Amit Kar
Senior General Manager of Marketingno datano datano data
7.5yrs
Average Tenure
56yo
Average Age

Experienced Management: TCPLPACK's management team is seasoned and experienced (7.5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Saket Kanoria
MD & Chairman of the Boardless than a year₹64.20m2.66%
₹ 712.9m
Sohan Nanavati
Executive Director & Nodal Officer15.2yrs₹8.05mno data
Akshay Kanoria
Executive Director10.2yrs₹15.84m1.26%
₹ 338.0m
Vidur Kanoria
Executive Director3.2yrs₹16.19m1.26%
₹ 338.0m
Andreas Blaschke
Non-Executive Independent Director3.2yrs₹400.00kno data
Deepa Harris
Non-Executive Independent Director6.9yrs₹310.00kno data
Tarang Jain
Independent Director2.7yrs₹920.00kno data
Sanjiv Anand
Independent Director2.7yrs₹800.00kno data
Kailash Kanoria
Chairman Emeritusless than a year₹29.77m0.88%
₹ 235.7m
Rishav Kanoria
Non-Executive Director13.2yrsno data1.26%
₹ 338.0m
Aniket Talati
Non-Executive Independent Director1.5yrs₹200.00kno data
Ashish Razdan
Independent Director2.3yrs₹420.00kno data
2.9yrs
Average Tenure
62yo
Average Age

Experienced Board: TCPLPACK's board of directors are not considered experienced ( 2.9 years average tenure), which suggests a new board.


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/04 17:14
End of Day Share Price 2026/07/03 00:00
Earnings2026/03/31
Annual Earnings2026/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

TCPL Packaging Limited is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Lavita LasradoBOB Capital Markets Ltd.
Kameswari V. S. ChavaliFirstCall Research