Synopsis:
Tokyo Plast International Ltd reported a 16% increase in Q2 revenue to ₹21.1 crore QoQ, while its net profit grew 700% QoQ to ₹0.64 crore.
The shares of the micro-cap company specializing in the manufacturing and export of plastic thermo food containers and coolers. Their products include insulated casseroles, food warmers, water jugs, and cooler boxes, often sold under their Pinnacle brand, jumped by upto 5 percent following their Q2 results with a 700 percent rise in profit QoQ.
With a market capitalization of 119.72 Crores on Thursday, the shares of Tokyo Plast International Ltd jumped by upto 5.3 percent, reaching a high of Rs. 130.00 compared to its previous close of Rs. 123.40.
What Happened
Tokyo Plast International Ltd, engaged in the manufacturing and export of plastic thermo food containers and coolers. Their products include insulated casseroles, food warmers, water jugs, and cooler boxes, often sold under their Pinnacle brand, has announced their Q2 results as follows:
Its Revenue from operations rose by 14 percent YoY from Rs. 18.5 Crores in Q2FY25 to Rs. 21.1 Crores in Q2FY26, and it rose by 16 percent QoQ from Rs. 18.2 Crores in Q1FY26 to Rs. 21.1 Crores in Q2FY26.
Its Net Profit YoY rose by 64 percent from Rs. 0.39 Crores in Q2FY25 to Rs. 0.64 Crores in Q2FY26, and it rose by 700 percent QoQ from Rs. 0.08 Crores in Q1FY26 to Rs. 0.64 Crores in Q2FY26. The earnings per share (EPS) for the quarterly period stood at Rs. 0.67, compared to Rs. 0.09 in the previous quarter.
The company has shown strong financial performance with a PEG ratio of 0.76, indicating attractive growth potential relative to its price. It also has a healthy debt-to-equity ratio of 0.58, suggesting manageable leverage. Furthermore, the company has significantly improved its efficiency, reducing its working capital requirements from 83.2 days to 39.1 days, reflecting better operational management and cash flow management.
Company Overview & Others
Tokyo Plast International Ltd. is an Indian company established in 1992 that manufactures and exports plastic thermoware products, such as lunch boxes, food containers, and coolers, under the “Pinnacle” brand. With two manufacturing plants in Kandla (Gujarat) and Daman (Union Territory), the company primarily serves export markets and has been recognized by the Indian government as a “Star Export House”.
With a strong commitment to research and development, the company continuously enhances its product offerings, aiming to stay ahead in an increasingly competitive market. The company has established a robust global presence, expanding its footprint in key markets around the world. Tokyo Plast International Ltd. has earned the trust of its clients by ensuring reliable delivery, consistency in quality, and a customer-centric approach.
Written by Sridhar J
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