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IDBI Capital Report
We visited TCPL Packaging Ltd.'s flexible packaging plant at Dapada and carton packaging plant at Masat in Silvassa to understand technical nitty-gritty of manufacturing process.
We were amazed to see the automation of the plants, accuracy of products being manufactured and standardisation of the whole operations at both the plants.
Incorporated in 1989 by Mr. KK Kanoria with a single unit in Silvassa, TCPL currently boasts of eight state of the art manufacturing plants spread across the country. It is one of India's largest manufacturers of folding cartons and largest standalone converter of paperboard.
The company's net sales/Ebitda/profit after tax grew at healthy compund annual growth rate of 11.7%/16.2%/23.4% over FY18-22 respectively.
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