On 6 Nov 2026, Tokyo Plast International was priced at ₹74.21, or 200.6× trailing earnings, against an industry P/E of 18.1×, and the shares are 41% below their 52-week high. Its ROCE of 4.5% is the second-lowest among the 7 largest Packaging & Containers peers, and sales grew 1.4% a year over 3 years. Debt is 0.77× equity. It is a small-cap company with a market cap of ₹71 Cr, ranked 49th of 83 Packaging & Containers companies by market cap; the shares fell 40% over the past year.
- ₹77.70
- ₹77.70
- ₹72.50
- ₹75.35
- 35
Health check
- ReturnsBehind
−39.6% over a year, better than 0 of 7 peers.
- Price tagPricier
P/E 200.6 vs industry 18.1.
- GrowthSlow
Sales +1.4% a year over 3 years.
- ProfitabilityWeak
ROCE 4.5% vs peer median 16.7%.
- Balance sheetStretched
Debt 0.77× equity, interest covered 1.4×, Piotroski 6 of 9.
- Red flags4 to check
Return on equity is low at 1.0%.
Small cap
Defensive
Key metrics
- Market cap
- ₹71 Cr
- Small cap
- P/E
- 200.6
- Industry 18.1
- Price to book
- 1.12
- Peers 2.06
- Dividend yield
- 0.00%
- ROE
- 1.0%
- Peers 14.4%
- ROCE
- 4.5%
- Peers 16.7%
- Debt to equity
- 0.77
- Debt ₹48 Cr
- EPS (TTM)
- ₹0.37
- Face value ₹10
- OPM (TTM)
- 7.5%
- Net margin 0.4%
- Sales growth
- +8.9%
- Latest quarter vs a year ago
- Profit growth
- −345.3%
- Latest quarter vs a year ago
- Price to sales
- 0.87
- EV/EBITDA 17.5
Strengths and risks
Strengths
- Positive operating cash flow in each of the last 4 years.
Risks to check
- Return on equity is low at 1.0%.
- Quarterly profit down 345.3% on a year ago.
- P/E of 200.6 against an industry P/E of 18.1.
- 41% below its 52-week high.
About Tokyo Plast International
Tokyo Plast International Limited manufactures and sells thermo food containers and coolers in India, the United States, Australia, and internationally. It offers plastic thermoware products, as well as houseware products; and insulated water jugs, ice chest, insulated casseroles, and food warmers. The company serves plastic industry. Tokyo Plast International Limited was incorporated in 1992 and is based in Mumbai, India.
- Headquarters
- Mumbai
- Employees
- 377
- Sector
- Consumer Cyclical
- ISIN
- INE932C01012
- Website
- tokyoplastint.in
Price range
- Avg volume (3M)
- 2K
- 1-year return
- minus 39.6%
- From 52-week high
- minus 40.9%
Peers · Packaging & Containers
| Company | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| TIMETECHNOTime Technoplast | 170.65 | minus 1.98% | 8,424 | 15.9 | 2.06 | 15.3% | 13.4% | 10.3% | 12.5% | 28.9% | 0.86% | minus 17.5% |
| EPLEPL | 221.31 | minus 3.61% | 7,101 | 18.1 | 2.26 | 16.7% | 14.9% | 19.8% | 8.5% | 19.7% | 2.26% | plus 13.4% |
| AGIAGI Greenpac | 645.55 | minus 3.31% | 4,177 | 11.8 | 1.65 | 18.2% | 14.9% | 22.0% | 5.5% | 10.4% | 1.08% | minus 18.3% |
| UFLEXUFLEX | 575.30 | minus 2.13% | 4,154 | 6.1 | 0.51 | 7.5% | 4.1% | 14.0% | 1.4% | −12.9% | 0.52% | plus 9.1% |
| TCPLPACKTCPL Packaging | 4,431.10 | minus 2.80% | 4,024 | 34.9 | 5.61 | 18.3% | 14.4% | 12.8% | 7.3% | −4.2% | 0.55% | plus 37.9% |
| JINDALPOLYJindal Poly Films | 697.50 | minus 0.11% | 3,054 | – | 1.00 | −18.2% | −29.9% | −36.5% | −15.6% | – | 0.00% | plus 25.0% |
| KNACKKnack Packaging | 199.71 | plus 1.42% | 2,444 | 21.6 | 3.34 | 38.3% | 35.5% | 17.8% | 16.6% | 67.1% | 0.00% | plus 9.1% |
| TOKYOPLASTTokyo Plast International | 74.21 | minus 1.51% | 71 | 200.6 | 1.12 | 4.5% | 1.0% | 1.8% | 1.4% | – | 0.00% | minus 39.6% |
| Median of 7 peers | – | −2.13% | 4,154 | 17.0 | 2.06 | 16.7% | 14.4% | 14.0% | 7.3% | 15.0% | 0.55% | 9.1% |
Quarterly results
| ₹ Cr | Mar 25 | Jun 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| 17.2 | 18.2 | 17.1 | 22.9 | 19.8 | |
| – | – | – | +33.3% | +8.9% | |
| 14.8 | 16.7 | 15.6 | 21.2 | 18.7 | |
| 2.3 | 1.5 | 1.5 | 1.7 | 1.1 | |
| 13.5% | 8.3% | 9.0% | 7.5% | 5.5% | |
| 0.2 | 0 | 0 | 0 | 0 | |
| 1.1 | 0.7 | 0.8 | 0.8 | 0.5 | |
| 0.8 | 0.8 | 0.8 | 0.8 | 0.7 | |
| 0.7 | 0.1 | −0 | 0.2 | −0.1 | |
| 30.5% | 18.4% | −367.0% | 80.1% | −55.9% | |
| 0.5 | 0.1 | −0.1 | 0 | −0.2 | |
| – | – | – | minus 90.6% | minus 345.3% | |
| 0.49 | 0.09 | -0.14 | 0.05 | -0.21 |
Profit & loss
- Sales CAGR 3Y
- +1.4%
- ROE
- 1.0%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 75.5 | 66.1 | 72.4 | 78.7 | |
| – | minus 12.4% | +9.4% | +8.8% | |
| 70.5 | 61.2 | 67.6 | 71.5 | |
| 5 | 5 | 4.8 | 7.3 | |
| 6.6% | 7.5% | 6.6% | 9.2% | |
| 0.1 | 0.3 | 1.6 | −0.5 | |
| 1.1 | 1 | 1.4 | 2.4 | |
| 3.2 | 2.8 | 3 | 3 | |
| −0.6 | −0.2 | −0.3 | −0.2 | |
| 0.2 | 1.3 | 1.7 | 1.1 | |
| 166.2% | 21.9% | 23.2% | 41.5% | |
| −0.1 | 1 | 1.3 | 0.6 | |
| – | – | +31.0% | minus 52.0% | |
| -0.13 | 1.06 | 1.38 | 0.66 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 9.5 | 9.5 | 9.5 | 9.5 | |
| 49.4 | 50.6 | 52 | 53.2 | |
| 14.6 | 19.3 | 26.9 | 48.4 | |
| 12.2 | 13.1 | 15.1 | 24.7 | |
| 85.7 | 92.6 | 103 | 136 | |
| 37.7 | 46.1 | 55.7 | 71.8 | |
| 22.5 | 6.9 | 15.7 | 32.8 | |
| 0 | 0 | 0 | 0 | |
| 0.8 | 1.4 | 1 | 5.3 | |
| 24.7 | 38.1 | 31 | 25.9 | |
| 85.7 | 92.6 | 103 | 136 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 18.9 | 8.7 | 5.3 | 9 | |
| −13.4 | −11.8 | −12.1 | −23.9 | |
| −5.4 | 3.7 | 6.3 | 19.2 | |
| 0.1 | 0.6 | −0.4 | 4.3 | |
| −13.1 | −12.1 | −12.3 | −23.3 | |
| 5.8 | −3.5 | −7 | −14.3 |
Shareholding pattern
NSE hasn’t returned a shareholding pattern for this company.
Major shareholders
Filings & events
News
No recent news coverage found.