TPL TPL Corp Limited

TPL Corp Limited (TPL) financial ratios

TPL Corp Limited earned a net margin of -52.6% in FY2025 against a five-year average of -23.1% (Technology & Communication median 5.8%). Return on equity was -158.3%, compared with a sector median of 10.7%. The current ratio stood at 0.60× and debt was 164.2% of equity. Cash took about -111 days to cycle through receivables, inventory and payables.

FY2025 vs the Technology & Communication median

Gross margin: 27.4%; Sector median 27.9%
Operating margin: -24.1%; Sector median 8.2%
Net margin: -52.6%; Sector median 5.8%
Return on equity (ROE): -158.3%; Sector median 10.7%
Return on assets (ROA): -11.8%; Sector median 7.5%
Current ratio: 0.60×; Sector median 1.51×
Debt to equity: 164.2%; Sector median 18.3%
Asset turnover: 0.23×; Sector median 0.41×

Median of the 21 companies in the sector with the figure for their latest fiscal year.

TPL financial ratios (annual) (Rs mn)
Rs mn	FY2025 Jul 2024 – Jun 2025	FY2024 Jul 2023 – Jun 2024	FY2023 Jul 2022 – Jun 2023	FY2022 Jul 2021 – Jun 2022	FY2021 Jul 2020 – Jun 2021	FY2020 Jul 2019 – Jun 2020	FY2019 Jul 2018 – Jun 2019	FY2018 Jul 2017 – Jun 2018	FY2017 Jul 2016 – Jun 2017	FY2016 Jul 2015 – Jun 2016	FY2015 Jul 2014 – Jun 2015	FY2014 Jul 2013 – Jun 2014	FY2013 Jul 2012 – Jun 2013	FY2012 Jul 2011 – Jun 2012	FY2011 Jul 2010 – Jun 2011	FY2010 Jul 2009 – Jun 2010
Profitability
Gross margin	27.4%	(6.9%)	62.3%	65.3%	20.4%	27.5%	39.1%	43.5%	46.1%	54.4%	40.2%	40.8%	40.9%	44.2%	45.0%	50.8%
EBITDA margin	(15.8%)	(70.3%)	31.8%	46.5%	(9.4%)	0.4%	12.4%	12.9%	23.5%	31.4%	15.4%	16.5%	16.2%	22.2%	26.4%	19.9%
Operating margin	(24.1%)	(82.3%)	26.5%	41.3%	(17.9%)	(9.3%)	2.6%	5.7%	13.0%	20.7%	5.6%	7.8%	6.8%	12.3%	15.4%	19.9%
Pre-tax margin	(49.0%)	(101.3%)	15.2%	34.5%	(2.2%)	(21.8%)	4.2%	20.9%	14.4%	14.6%	20.2%	9.6%	7.3%	11.6%	11.1%	10.9%
Net margin	(52.6%)	(105.5%)	11.7%	34.6%	(3.6%)	(24.6%)	1.9%	19.1%	12.4%	11.4%	20.7%	6.4%	5.3%	6.5%	7.8%	7.2%
Effective tax rate	—	—	23.1%	(0.1%)	—	—	54.5%	8.2%	14.3%	22.0%	(2.5%)	33.9%	27.6%	43.6%	29.6%	34.6%
Returns
Return on equity (ROE)	(158.3%)	(108.6%)	(7.7%)	19.7%	(4.6%)	(39.8%)	(8.7%)	0.3%	0.7%	8.0%	16.1%	5.4%	3.6%	3.4%	—	—
Return on assets (ROA)	(11.8%)	(16.5%)	4.5%	16.3%	(0.9%)	(6.3%)	0.5%	4.5%	2.4%	2.4%	6.5%	3.0%	2.1%	2.2%	—	—
Return on invested capital (ROIC)	—	—	4.0%	11.8%	—	—	0.3%	3.7%	3.0%	6.2%	14.1%	5.6%	4.6%	4.7%	—	—
Liquidity
Current ratio	0.60×	0.75×	0.81×	1.12×	1.25×	0.76×	0.72×	0.93×	1.12×	1.27×	0.88×	1.31×	1.05×	1.00×	0.55×	—
Quick ratio	0.59×	0.73×	0.79×	1.07×	1.21×	0.73×	0.69×	0.88×	0.98×	1.13×	0.76×	1.09×	0.92×	0.93×	0.53×	—
Leverage
Debt to equity	164.2%	114.9%	96.8%	80.4%	109.7%	105.7%	85.9%	89.8%	62.7%	76.9%	91.4%	30.9%	22.8%	20.4%	31.0%	—
Debt to capital	62.2%	53.5%	49.2%	44.6%	52.3%	51.4%	46.2%	47.3%	38.5%	43.5%	47.8%	23.6%	18.5%	17.0%	23.7%	—
Debt to assets	35.1%	32.9%	35.5%	31.9%	38.7%	39.4%	36.4%	39.3%	35.2%	39.4%	39.2%	17.5%	14.4%	13.0%	17.0%	—
Assets to equity	3.97×	3.04×	2.63×	2.65×	2.76×	2.51×	2.32×	2.04×	1.86×	2.11×	2.10×	1.67×	1.57×	1.69×	—	—
Efficiency
Asset turnover	0.23×	0.16×	0.39×	0.47×	0.26×	0.25×	0.24×	0.24×	0.19×	0.21×	0.31×	0.47×	0.41×	0.34×	—	—
Receivable days days	282	406	151	132	273	261	239	212	241	213	168	146	174	194	—	—
Inventory days days	23	23	33	38	30	26	41	64	102	108	69	55	39	24	—	—
Payable days days	415	367	342	271	195	182	210	204	215	291	184	117	96	128	—	—
Cash conversion cycle days	(111)	62	(159)	(101)	107	105	69	72	128	29	52	84	116	89	—	—
Dividends
Dividend payout ratio	—	—	—	0.0%	—	—	—	571.6%	275.1%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Earnings retention rate	—	—	—	1.00×	—	—	—	(4.72×)	(1.75×)	1.00×	1.00×	1.00×	1.00×	1.00×	1.00×	1.00×

Ratios as reported for each fiscal year; returns are on average equity / assets. Debt ratios are percentages; turnover in times; working-capital measures in days.

TPL: frequently asked questions

What is TPL's EPS?

TPL Corp Limited reported basic earnings per share of Rs -8.30 for FY2025 (Jul 2024 – Jun 2025).

Does TPL pay dividends?

TPL Corp Limited did not declare a cash dividend for FY2025.

What was TPL's revenue and profit in FY2025?

TPL Corp Limited reported revenue of Rs 6.5 bn and profit attributable to shareholders of -Rs 2.2 bn for FY2025 (Jul 2024 – Jun 2025).

What is TPL's book value per share?

TPL Corp Limited's book value per share was Rs 1.58 at the end of FY2025. The shares trade at 12.92× book value.

Information only, not investment advice.