What Tpl Plastech does

TPL Plastech Limited is a publicly listed Indian manufacturer (NSE: TPLPLAST) of industrial plastic drums and bulk packaging containers, headquartered in Mumbai. The company produces a comprehensive range of narrow mouth drums, narrow and wide mouth carboys, open top drums, QuBC and COBO intermediate bulk containers (IBCs), and small packs spanning 25L to 250L capacities. Its products are manufactured from a special grade of High Molecular Weight High Density Polyethylene (HM-HDPE), marketed for being lightweight, durable, chemically inert, and offering high Environmental Stress Cracking Resistance (ESCR).

The company operates seven manufacturing facilities across India — Silvassa (three units), Dahej (Gujarat), Uttarakhand, Kutch, Ratlam, and Visakhapatnam — and positions itself as India's second largest manufacturer of drums, particularly in the 210L to 250L bulk packaging segment. It caters to more than 250 customers across chemical & petrochemicals, specialty chemicals, pharmaceutical, and FMCG verticals through a direct B2B sales motion. In 2020, the NCLT approved the amalgamation of its wholly owned subsidiary Ecotech Green Lifecycle Limited (environmental/waste management) into the listed entity, signalling an early directional move into circular-economy services adjacent to plastic packaging. More recently (2024), the company commercialized a greenfield unit at Dahej, incorporated a new wholly owned subsidiary, and launched an Employee Stock Option Plan.

Name

Tpl Plastech

Legal name

TPL Plastech Limited

Website

https://tplplastech.in

Company type

Public

Founded year

1992

Operating status

Operating

Headcount range

101–250 employees

Short description

TPL Plastech Limited is an NSE-listed Indian manufacturer of HM-HDPE plastic drums and bulk packaging containers (25L-250L), operating seven plants across India and serving 250+ B2B customers in chemical, petrochemical, pharmaceutical, and FMCG industries.

Ownership category

akta.pro rank

Product category

Industrial Plastic Packaging

SIC

Plastics Products, Nec (3089)

akta.pro primary industry

Industrial & Chemical Rigid Plastic Packaging (Drums, Pails, Jerrycans) (IMALAAAG)

akta.pro secondary industry

Blow-Molded Drums, Barrels & IBC Components (IMANAGAE)

Keywords

• Industrial plastic drums
• Bulk packaging containers
• HDPE drums
• Intermediate bulk containers
• Chemical packaging solutions

Headquarters

HQ city

Mumbai

HQ country

India

HQ region

Asia

Offices7 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Infrastructure, Marketing or Sales, Technology or R&D

Revenue model

1. Plastic Drums and Containers Sales: The company generates revenue through manufacturing and selling plastic drums and containers including narrow mouth drums, wide mouth carboys, open top drums, QuBC and COBO IBC, and small packs. Products range from 25 Ltr to 250 Ltr capacity for bulk packaging applications.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

TPL Plastech Limited manufactures and sells plastic drums and bulk packaging containers made from special-grade High Molecular Weight High Density Polyethylene (HM-HDPE). The product range covers capacities from 25L to 250L, including narrow mouth drums, wide mouth carboys, open top drums, QuBC and COBO intermediate bulk containers, and small pack containers, sold primarily to chemical, petrochemical, pharmaceutical, and FMCG industrial customers across India.

Product overview

TPL Plastech Limited is a plastic packaging manufacturing company and India's second largest manufacturer of industrial drums, particularly Bulk Packaging containers (210L to 250L capacities). The company operates as a single-product-line manufacturer offering a comprehensive range of narrow mouth, wide mouth, and open top drums, all manufactured from High Molecular High Density Polyethylene. The product portfolio spans five main product lines: Narrow Mouth Drums, Narrow Mouth & Wide Mouth Carboys, Open Top Drums (Bulk & Medium), QuBC and COBO IBC (Intermediate Bulk Containers), and Small Pack solutions. Capacity ranges from 25 liters to 250 liters. The company serves over 250 customers across chemical & petrochemicals, specialty chemicals, pharmaceutical, and FMCG industries. The products are characterized by lightweight construction, durability, chemical inertness, stability, and high Environmental Stress Cracking Resistance (ESCR) quotient.

Differentiator

Problem solved

Functional benefit

Products and services

• Narrow Mouth Drums Plastic drums with narrow mouth opening manufactured from High Molecular Weight High Density Polyethylene (HM-HDPE), ranging from 25L to 250L capacity. Lightweight, durable, chemically inert, and offering high Environmental Stress Cracking Resistance, designed for chemical, petrochemical, pharmaceutical, and FMCG bulk packaging applications.
• Narrow Mouth and Wide Mouth Carboys Carboy containers available in both narrow and wide mouth configurations, manufactured from HM-HDPE for storing and transporting liquids in various industrial applications across chemical, pharmaceutical, and FMCG sectors.
• Open Top Drums - Bulk and Medium Open top drums suitable for bulk and medium capacity storage, manufactured from special grade High Density Polyethylene for chemical and industrial use.
• QuBC and COBO IBC Intermediate Bulk Containers (IBC) in QuBC and COBO configurations for large-volume liquid storage and transport in industrial settings, particularly within the 210L to 250L bulk packaging range where TPL Plastech is India's second largest manufacturer.
• Small Pack Small capacity HM-HDPE packaging solutions for samples, retail, and limited quantity storage requirements across various industrial sectors including chemicals, pharmaceuticals, and FMCG.

Named customers4 records

Segments4 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Three partnerships are on record, tiered core and minor.

• Ecotech Green Lifecycle LimitedcoreStrategic or Co-development Partner · 8 December 2020Ecotech Green Lifecycle Limited was amalgamated with TPL Plastech Limited. The scheme of amalgamation received NCLT approval on December 8, 2020. This was a subsidiary amalgamation to streamline the corporate structure.
• MUFG Intime India Pvt. Ltd.minorOthersRegistrar and Transfer Agent providing share registry services, located at C 101, 247 Park, LBS Marg, Vikhroli West, Mumbai - 400 083.
• Orient CapitalminorOthersInvestor Relations Agency appointed by TPL Plastech for investor relations activities.

Scale indicators2 records

Recent moves9 records

Expansion highlights4 records

Broad incumbents

• Greif Inc: Global industrial packaging giant producing steel, plastic, and fibre drums plus IBCs. Highly comparable in rigid industrial container product category, but operates at vastly larger scale with geographically diversified manufacturing.
• Mauser Packaging Solutions: Global leader in industrial packaging (plastic and steel drums, IBCs, reconditioning). Comparable in product portfolio and target customers (chemical, petrochemical, pharma), but with worldwide footprint and broader portfolio than TPL's India-only, drums-focused operation.

Direct peers

• Schutz GmbH & Co. KGaA: Major global manufacturer of IBCs and plastic/steel drums serving the same chemical and food/liquid bulk end-markets as TPL. Directly competitive in IBC and bulk-container product lines.
• Time Technoplast Ltd: India's largest plastic drum and IBC manufacturer and apparent group/related party of TPL (shared contact email domain). Most directly comparable peer, operating in identical narrow-mouth/wide-mouth drums, IBCs, and HM-HDPE material technology across similar industrial end-markets.
• Manjushree Technopack Ltd: Leading Indian rigid plastic packaging manufacturer serving FMCG, food, and pharma with bottles, jars, and preforms. Comparable in customer verticals (FMCG, pharma) and HDPE/PET material technology, though focused on smaller rigid containers rather than bulk drums.
• Mold-Tek Packaging Ltd: Indian rigid plastic packaging company producing pails, containers, and specialty packaging for paints, lubes, and FMCG. Comparable as a domestic Indian competitor in rigid plastic containers, though with different end-market focus and product mix.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/tpl-plastech-limited---india

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Tpl Plastech