TPL Plastech (BOM:526582) Gross Margin %: 19.51% (As of Mar. 2026) — 14% Above Median


BOM:526582 TPL Plastech Ltd BOM:526582
81 GF Score
Price ₹86.94
GF Value ₹92.39
Valuation Fairly Valued
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What is TPL Plastech Gross Margin %?

TPL Plastech BOM:526582 +19.82% 81 Gross Margin % is 19.51% as of Mar. 2026, which is 14% above its 10-year median of 17.07. GuruFocus rates BOM:526582 with a GF Score™ of 81/100 and a GF Value™ of ₹92.39 (Fairly Valued). Among 379 Packaging & Containers companies, TPL Plastech ranks worse than 55.41% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. TPL Plastech's Gross Profit for the three months ended in Mar. 2026 was ₹223 Mil. TPL Plastech's Revenue for the three months ended in Mar. 2026 was ₹1,141 Mil. Therefore, TPL Plastech's Gross Margin % for the quarter that ended in Mar. 2026 was 19.51%.


The historical rank and industry rank for TPL Plastech's Gross Margin % or its related term are showing as below:

BOM:526582' s Gross Margin % Range Over the Past 10 Years
Min: 16.05   Med: 17.07   Max: 20.5
Current: 19.85


During the past 13 years, the highest Gross Margin % of TPL Plastech was 20.50%. The lowest was 16.05%. And the median was 17.07%.

BOM:526582's Gross Margin % is ranked worse than
55.41% of 379 companies
in the Packaging & Containers industry
Industry Median: 21.28 vs BOM:526582: 19.85

TPL Plastech had a gross margin of 19.51% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for TPL Plastech was 3.10% per year.


TPL Plastech  (BOM:526582) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

TPL Plastech had a gross margin of 19.51% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


TPL Plastech Gross Margin % Related Terms


TPL Plastech Gross Margin % Historical Data

* Premium members only.

The historical data trend for TPL Plastech's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

TPL Plastech Gross Margin % Chart

TPL Plastech Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.77 16.05 16.07 20.50 19.85

TPL Plastech Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 20.99 20.38 19.65 19.96 19.51

BOM:526582 vs SW, PKG, IP: Gross Margin % Comparison

For the Packaging & Containers subindustry, TPL Plastech's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


TPL Plastech Gross Margin % vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, TPL Plastech's Gross Margin % distribution charts can be found below:

* The bar in red indicates where TPL Plastech's Gross Margin % falls into.


BOM:526582
81GF Score
TPL Plastech Ltd BOM:526582
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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TPL Plastech Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

TPL Plastech's Gross Margin for the fiscal year that ended in Mar. 2026 is calculated as

Gross Margin % (A: Mar. 2026 )=Gross Profit (A: Mar. 2026 ) / Revenue (A: Mar. 2026 )
=838.8 / 4225.534
=(Revenue - Cost of Goods Sold) / Revenue
=(4225.534 - 3386.75) / 4225.534
=19.85 %

TPL Plastech's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=222.5 / 1140.681
=(Revenue - Cost of Goods Sold) / Revenue
=(1140.681 - 918.158) / 1140.681
=19.51 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 19.51% mean?
TPL Plastech (BOM:526582) has a Gross Margin % of 19.51% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on TPL Plastech and its competitors. This is 14% above median its historical median of 17.07. Over the past decade, TPL Plastech's Gross Margin % has ranged from 16.05 to 20.50. According to the industry distribution chart, TPL Plastech ranks #210 out of 379 companies in the Packaging & Containers industry, placing it in the top 55.4%.
Is TPL Plastech's Gross Margin % too high?
TPL Plastech's current Gross Margin % of 19.51% is 14% above median its 10-year median of 17.07. Over the past 10 years, this metric has ranged from a low of 16.05 to a high of 20.50. The Packaging & Containers industry median Gross Margin % is 21.28. TPL Plastech's value of 19.51% is 8.3% below this industry median. Based on the distribution chart, TPL Plastech ranks #210 out of 379 companies in the Packaging & Containers industry, which is below the industry midpoint. Overall, TPL Plastech has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does TPL Plastech's Gross Margin % compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, TPL Plastech ranks #210 out of 379 companies for Gross Margin %. This places TPL Plastech in the lower half of its industry. The industry median Gross Margin % is 21.28. TPL Plastech's value of 19.51% is 8.3% below this benchmark. Historically, TPL Plastech's own Gross Margin % has ranged from 16.05 to 20.50 over the past decade. While the company's 10-year median is 17.07 vs. the industry median of 21.28, TPL Plastech has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Packaging & Containers company?
The median Gross Margin % among Packaging & Containers companies is 21.28, based on 379 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. TPL Plastech's current Gross Margin % of 19.51% is 8.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on TPL Plastech and its competitors. For the Packaging & Containers industry, the median Gross Margin % is 21.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TPL Plastech's current Gross Margin % is 19.51%, which is 14% above median its own 10-year median of 17.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TPL Plastech stock overvalued right now?
Based on GuruFocus' analysis, TPL Plastech (BOM:526582) is currently considered Fairly Valued. The stock's GF Value™ is ₹92.39, compared to a current price of ₹86.94 — trading 5.9% below its estimated fair value. The current Gross Margin % is 19.51%, which is 14% above median its 10-year median of 17.07 and 8.3% below the Packaging & Containers industry median of 21.28. TPL Plastech's overall GF Score™ is 81/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For TPL Plastech (BOM:526582), the current Gross Margin % is 19.51% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is TPL Plastech (BOM:526582) Overvalued in 2026?

Based on GuruFocus' analysis, TPL Plastech stock appears to be undervalued. The current stock price of ₹86.94 is trading 5.9% below its estimated GF Value™ of ₹92.39. GuruFocus considers TPL Plastech to be Fairly Valued.

Key valuation signals for BOM:526582:

  • Gross Margin %: 19.51% (14% above median its 10-year median of 17.07)
  • GF Value™: ₹92.39 vs. price of ₹86.94 (5.9% below fair value)
  • GF Score™: 81/100
  • Industry Position: 8.3% below the Packaging & Containers median (#210 of 379)

No single metric tells the full story. See the BOM:526582 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


TPL Plastech Business Description

Other Exchanges TPLPLASTEH:India
Address Andheri Kurla Road, 203, 2nd Floor, Centre Point, Near J B Nagar Chakala Metro Station, J B Nagar, , Andheri (East), Mumbai, MH, IND, 400059
TPL Plastech Ltd is a manufacturer of plastic drums in India. The company's product includes Narrow mouth drums; Narrow mouth and Wide Mouth Carboys; Open Top Drums - Bulk and Medium; QuBC and COBO IBC and small pack. The Company's operates its business in India.
81GF Score

Get the complete analysis for BOM:526582

Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹86.94
Price
₹92.39
GF Value