TRIPF Tri-Pack Films Limited

Tri-Pack Films Limited (TRIPF) financial ratios

Tri-Pack Films Limited earned a net margin of -1.2% in FY2025 against a five-year average of 2.1% (Miscellaneous median 7.2%). Return on equity was -7.4%, compared with a sector median of 12.0%. The current ratio stood at 0.76× and debt was 398.0% of equity. Cash took about 41 days to cycle through receivables, inventory and payables.

FY2025 vs the Miscellaneous median

Gross margin: 14.3%; Sector median 32.7%
Operating margin: 6.9%; Sector median 11.8%
Net margin: -1.2%; Sector median 7.2%
Return on equity (ROE): -7.4%; Sector median 12.0%
Return on assets (ROA): -1.1%; Sector median 5.4%
Current ratio: 0.76×; Sector median 1.13×
Debt to equity: 398.0%; Sector median 32.5%
Asset turnover: 0.92×; Sector median 0.55×

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

TRIPF financial ratios (annual) (Rs mn)
Rs mn	FY2025 Jan – Dec 2025	FY2024 Jan – Dec 2024	FY2023 Jan – Dec 2023	FY2022 Jan – Dec 2022	FY2021 Jan – Dec 2021	FY2020 Jan – Dec 2020	FY2019 Jan – Dec 2019	FY2018 Jan – Dec 2018	FY2017 Jan – Dec 2017	FY2016 Jan – Dec 2016	FY2015 Jan – Dec 2015	FY2014 Jan – Dec 2014	FY2013 Jan – Dec 2013	FY2012 Jan – Dec 2012	FY2011 Jan – Dec 2011	FY2010 Jan – Dec 2010	FY2009 Jan – Dec 2009	FY2008 Jan – Dec 2008	FY2007 Jan – Dec 2007	FY2006 Jan – Dec 2006
Profitability
Gross margin	14.3%	12.8%	16.1%	15.8%	16.8%	16.2%	10.1%	10.4%	14.4%	17.2%	15.5%	9.0%	9.8%	14.8%	17.5%	16.0%	17.4%	17.2%	20.4%	13.3%
EBITDA margin	12.0%	10.7%	13.3%	14.0%	16.2%	14.4%	9.1%	10.3%	14.5%	16.5%	15.5%	8.9%	11.5%	13.6%	16.6%	16.9%	19.1%	18.6%	20.2%	12.4%
Operating margin	6.9%	6.8%	10.0%	10.6%	11.9%	9.8%	4.8%	5.5%	9.5%	11.6%	10.5%	3.9%	5.3%	10.0%	13.0%	12.1%	13.3%	14.1%	14.8%	6.4%
Pre-tax margin	(0.8%)	(1.6%)	6.7%	5.7%	7.4%	5.1%	(0.1%)	1.7%	6.6%	7.8%	3.9%	(2.4%)	0.3%	8.4%	12.0%	9.5%	9.8%	12.3%	14.8%	6.4%
Net margin	(1.2%)	(1.5%)	3.9%	3.6%	5.5%	4.1%	(2.1%)	1.2%	4.7%	6.4%	4.2%	(1.5%)	0.2%	5.7%	7.8%	6.5%	8.9%	8.2%	9.7%	4.4%
Effective tax rate	—	—	41.7%	37.5%	26.4%	20.6%	—	28.5%	29.4%	17.4%	(5.5%)	—	29.3%	32.5%	34.7%	31.6%	9.2%	33.3%	34.7%	31.3%
Returns
Return on equity (ROE)	(7.4%)	(7.8%)	18.0%	17.7%	24.3%	17.2%	(8.9%)	4.1%	14.8%	25.5%	26.6%	(11.6%)	1.3%	26.3%	39.0%	29.2%	34.9%	37.7%	37.7%	16.2%
Return on assets (ROA)	(1.1%)	(1.4%)	4.4%	5.2%	7.0%	4.8%	(2.5%)	1.3%	5.1%	6.7%	4.1%	(1.5%)	0.2%	6.6%	14.8%	11.1%	11.5%	12.6%	14.3%	6.0%
Return on invested capital (ROIC)	—	—	8.8%	11.8%	12.3%	12.7%	—	5.0%	9.0%	13.1%	12.2%	—	4.7%	10.5%	26.4%	22.1%	23.4%	21.9%	21.7%	11.9%
Liquidity
Current ratio	0.76×	0.94×	1.00×	1.11×	1.12×	0.98×	0.80×	0.87×	0.91×	1.05×	0.84×	0.86×	0.87×	0.99×	1.06×	1.26×	1.19×	1.18×	1.28×	1.27×
Quick ratio	0.47×	0.64×	0.67×	0.66×	0.60×	0.58×	0.52×	0.52×	0.57×	0.66×	0.54×	0.56×	0.49×	0.45×	0.53×	0.62×	0.60×	0.57×	0.70×	0.81×
Leverage
Debt to equity	398.0%	382.2%	240.4%	147.4%	188.2%	119.4%	149.4%	181.8%	131.9%	109.9%	321.6%	562.4%	461.4%	308.5%	72.2%	50.5%	89.6%	128.8%	60.4%	89.8%
Debt to capital	79.9%	79.3%	70.6%	59.6%	65.3%	54.4%	59.9%	64.5%	56.9%	52.4%	76.3%	84.9%	82.2%	75.5%	41.9%	33.5%	47.3%	56.3%	37.6%	47.3%
Debt to assets	56.7%	61.3%	49.5%	44.8%	52.9%	35.2%	39.5%	53.8%	46.6%	37.5%	60.1%	70.3%	61.2%	59.7%	25.9%	20.5%	31.7%	39.2%	22.6%	34.6%
Assets to equity	6.61×	5.50×	4.13×	3.42×	3.48×	3.57×	3.57×	3.10×	2.88×	3.80×	6.51×	7.76×	6.24×	3.97×	2.64×	2.63×	3.04×	2.98×	2.64×	2.69×
Efficiency
Asset turnover	0.92×	0.97×	1.11×	1.44×	1.28×	1.18×	1.18×	1.11×	1.10×	1.05×	0.98×	1.02×	0.95×	1.17×	1.89×	1.71×	1.29×	1.53×	1.48×	1.37×
Receivable days days	83	90	84	70	80	87	94	92	83	81	84	74	61	45	35	43	53	38	40	41
Inventory days days	64	61	71	74	81	68	66	68	63	64	67	70	90	95	70	71	91	72	60	45
Payable days days	106	95	88	49	70	106	75	29	31	33	5	4	4	4	3	3	4	4	3	4
Cash conversion cycle days	41	56	67	96	91	48	85	131	116	112	146	140	148	136	102	111	139	106	97	82
Dividends
Dividend payout ratio	—	—	19.8%	58.4%	18.6%	0.0%	—	246.6%	67.8%	51.4%	30.1%	—	0.0%	51.5%	76.7%	60.6%	59.1%	87.0%	68.2%	89.3%
Earnings retention rate	—	—	0.80×	0.42×	0.81×	1.00×	—	(1.47×)	0.32×	0.49×	0.70×	—	1.00×	0.49×	0.23×	0.39×	0.41×	0.13×	0.32×	0.11×

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.

TRIPF: frequently asked questions

What is TRIPF's EPS?

Tri-Pack Films Limited reported basic earnings per share of Rs -9.45 for FY2025 (Jan – Dec 2025).

Does TRIPF pay dividends?

Tri-Pack Films Limited did not declare a cash dividend for FY2025.

What was TRIPF's revenue and profit in FY2025?

Tri-Pack Films Limited reported revenue of Rs 30.2 bn and profit attributable to shareholders of -Rs 366.7 mn for FY2025 (Jan – Dec 2025).

What is TRIPF's book value per share?

Tri-Pack Films Limited's book value per share was Rs 122.86 at the end of FY2025. The shares trade at 1.03× book value.

Information only, not investment advice.