B&B Triplewall Containers Limited (BBTCL)
₹221.50 +0.70% last close, 16 Oct
Latest quarterly results (Q4 FY26)
In its latest reported quarter, Q4 FY26, B&B Triplewall's revenue was ₹162 Cr (+14.7% year on year, +4.4% on the previous quarter), and net profit ₹8.9 Cr (against a loss a year earlier); the operating margin was 17.4%.
| Q4 FY26 (₹ Cr) | Value | YoY vs Q4 FY25 | QoQ |
|---|---|---|---|
| Revenue | ₹162 | +14.7% | +4.4% |
| Operating profit | ₹28.3 | +78.9% | +25.6% |
| Net profit | ₹8.9 | from loss | +89.3% |
| EPS (₹) | 4.43 | from loss | -54.0% |
| Operating margin | 17.4% | — | — |
BBTCL delivery percentage
NSE end-of-day data for
On Fri, 16 Oct 2026, 59.47% of the BBTCL shares traded on NSE were taken to delivery, against the stock's own 20-session average of 68.93%. That is close to its usual level. Turnover was only ₹3 lakh, so a handful of trades can move this figure. Volume was 0.2 times its average, well below normal.
Delivery in the last 5 sessions: 64.6% · 62.4% · 76.5% · 83.6% · 59.5%
A description of what the exchange published, not a recommendation. Names such as "accumulation" or "long buildup" label a pattern in the numbers. How delivery is analysed
📢 Recent Corporate Announcements
B&B Triplewall Containers Limited has submitted the quarterly compliance certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended September 30, 2026. The certificate issued by Registrar and Share Transfer Agent (RTA) Purva Sharegistry (India) Pvt. Ltd. confirms that all dematerialisation requests received during the period were processed as per prescribed timelines. Notably, the table of dematerialised share certificates shows NIL entries between July 1, 2026, and September 30, 2026. This is a purely procedural regulatory filing with no financial or operational impact.
- Compliance certificate submitted for the quarter ended September 30, 2026
- Issued by RTA Purva Sharegistry (India) Pvt. Ltd. on October 1, 2026
- Reported NIL share certificates dematerialised from 01/07/2026 to 30/09/2026
- Submission confirmed under Regulation 74(5) of SEBI Regulations, 2018
B&B Triplewall Containers Limited announced the voting results and scrutinizer's report for its 15th Annual General Meeting held on September 30, 2026. Shareholders approved all four ordinary resolutions, including the adoption of FY26 financial statements and the re-appointment of Director Alok Agarwal. Additionally, a final dividend of Rs 1 per equity share (face value Rs 10) and a 1.50% dividend on preference shares of Rs 100 each were approved with nearly 100% favorable votes. A total of 87,40,909 votes were polled across 21 voting members.
- Final dividend of Rs 1 per equity share (face value Rs 10) approved for FY26
- Final dividend of 1.50% declared on Preference Shares of Rs 100 each
- Total of 87,40,909 votes polled representing 42.61% of total outstanding shares (2,05,11,240 shares)
- Adoption of FY26 Audited Financial Statements and director re-appointment passed with 100% approval
- Cut-off date for voting eligibility was September 23, 2026, across 3,083 total shareholders
B&B Triplewall Containers Limited conducted its 15th Annual General Meeting on September 30, 2026, with 30 members attending. The ordinary business included the adoption of FY26 audited financial statements and the re-appointment of director Mr. Alok Agarwal. Additionally, the AGM tabled declarations for a final equity dividend of ₹1.00 per share (face value ₹10) and a preference dividend of 1.50% per share (face value ₹1,000). The final voting results will be declared separately following the Scrutinizer's report.
- 15th Annual General Meeting held on September 30, 2026, with 30 members present
- Proposed final dividend of ₹1.00 per equity share (face value ₹10) for FY26
- Proposed dividend on preference share capital at 1.50% per share (face value ₹1,000)
- Remote e-voting window was open from September 26, 2026, to September 29, 2026
B&B Triplewall Containers Limited has disclosed the resignation of Mr. Bipin Chandrakant Betigeri from his position as General Manager Unit-1, effective September 09, 2026. Mr. Betigeri, classified as Senior Management Personnel, stepped down citing personal reasons. This administrative change does not directly alter the financial operations of the company, which reported TTM revenue of Rs 616 Cr and TTM PAT of Rs 20 Cr.
- Mr. Bipin Chandrakant Betigeri resigned as General Manager Unit-1 w.e.f. September 09, 2026
- Resignation was tendered citing personal reasons
- Formal intimation filed with the exchanges on September 10, 2026 under Regulation 30
B&B Triplewall Containers Limited has issued a tax deduction at source (TDS) intimation to shareholders regarding its recommended final dividend of ₹1.00 per equity share (face value ₹10) for FY 2025-26. The dividend was recommended by the Board on August 14, 2026, and is subject to shareholder approval at the upcoming 15th AGM. The record date to determine eligibility for the dividend payout has been fixed for September 18, 2026. Shareholders seeking lower or zero withholding rates must submit tax exemption forms by September 23, 2026.
- Final dividend recommended at ₹1.00 per equity share of face value ₹10
- Record date for dividend entitlement set as Friday, September 18, 2026
- Deadline to submit Form 121 / tax declarations to avoid higher TDS is September 23, 2026
- Applicable standard TDS rate is 10% for resident individuals with PAN on dividends exceeding ₹10,000, and 20% without PAN
B&B Triplewall Containers Limited has fixed September 18, 2026, as the record date for determining shareholder eligibility for its final dividend for FY 2025-26. The dividend remains subject to approval by shareholders at the ensuing Annual General Meeting. In FY26, the company reported a net profit of ₹19.70 Cr on revenue of ₹616.35 Cr. The exact per-share dividend quantum was not specified in this filing.
- Record date fixed as September 18, 2026, for FY26 final dividend entitlement
- Final dividend payout is subject to approval at the upcoming Annual General Meeting
- Company posted FY26 net profit of ₹19.70 Cr against revenue of ₹616.35 Cr
- Per-share dividend amount not disclosed in this specific filing
B&B Triplewall Containers Limited (BBTCL) has announced that its Board of Directors approved the disinvestment of its entire 27% equity stake in M/s. Sharvesh Power Projects Private Limited. The investment was originally undertaken pursuant to a Power Purchase Agreement (PPA) for electricity procurement for BBTCL's operations, which has now been rescinded. The investee company contributed Nil revenue, turnover, or net worth to BBTCL during FY 2025-26. The financial consideration and buyer details for the divestment have not been disclosed at this stage.
- Approved disinvestment of the entire 27% equity shareholding in Sharvesh Power Projects Private Limited.
- Decision follows the rescission of the Power Purchase Agreement for operational power procurement.
- Target entity contributed Nil turnover/revenue and Nil net worth to BBTCL in FY 2025-26.
- Initial acquisition was previously intimated to exchanges on November 14, 2025.
B&B Triplewall Containers Limited has issued physical letters containing weblinks to the FY 2025-26 Annual Report and Notice of the 15th Annual General Meeting (AGM) to shareholders whose email addresses are not registered. The 15th AGM is scheduled to take place on Wednesday, September 30, 2026, at 3:00 PM at the company's registered office in Bangalore. This dispatch complies with Regulation 36(1)(b) of the SEBI LODR Regulations for shareholders on record as of August 28, 2026.
- 15th Annual General Meeting (AGM) scheduled for Wednesday, September 30, 2026 at 3:00 PM
- Physical notice dispatched to shareholders with unregistered emails as of August 28, 2026
- Contains exact access path and weblink to the FY 2025-26 Annual Report and AGM Notice
B&B Triplewall Containers Limited has issued notice for its 15th Annual General Meeting scheduled for September 30, 2026, alongside submitting its FY 2025-26 Annual Report. The Board has recommended a final equity dividend of ₹1.00 per share (10% on face value of ₹10) and a 1.50% dividend on preference shares of ₹1,000 face value. The aggregate proposed dividend payout stands at ₹2.06 Cr (₹2,05,93,245), which represents approximately 10.3% of TTM PAT (₹20 Cr).
- 15th Annual General Meeting scheduled for September 30, 2026 at 3:00 PM.
- Board recommended a final dividend of ₹1.00 per equity share (10% of ₹10 face value).
- Total dividend payout across equity and preference shares is ₹2,05,93,245.
- Annual report highlights backward integration into kraft paper (1,08,000 MTPA capacity) and micro fluted cartons (500 TPM).
B&B Triplewall Containers Limited has announced the resignation of Ms. Jagrati Varshney from the position of Company Secretary and Compliance Officer (Key Managerial Personnel) citing personal reasons. The resignation will take effect from October 17, 2026, after the close of business hours. The company will be required to appoint a successor to oversee statutory compliance and secretarial functions. This administrative transition has no material bearing on the company's operational or financial performance (TTM revenue of Rs 616 Cr).
- Ms. Jagrati Varshney (Membership No. A71197) resigned as Company Secretary & Compliance Officer.
- Cessation is effective from October 17, 2026, after business hours.
- The stated reason for departure is personal reasons.
B&B Triplewall Containers Limited's Board has recommended a final dividend of ₹1.00 per equity share (face value ₹10) and a 1.5% dividend on preference shares of ₹1,000 each for FY25-26. The record date to determine eligibility for the dividend payout has been fixed as September 18, 2026, subject to approval at the 15th AGM on September 30, 2026. In addition, the company appointed an Internal Auditor for FY27 and appointed two General Managers for Unit-I and Unit-IV to its senior management team.
- Final equity dividend recommended at ₹1.00 per share of ₹10 face value for FY25-26.
- Preference share dividend recommended at 1.5% on shares of ₹1,000 face value.
- Record date set for September 18, 2026; 15th AGM scheduled for September 30, 2026.
- Appointed Ms. Sonali M (GM Unit-I) and Mr. Deorao Jhadu Pathe (GM Unit-IV) in Senior Management effective August 14, 2026.
The Board of Directors of B&B Triplewall Containers Limited has recommended a final dividend of ₹1.00 per equity share (face value ₹10) and a 1.5% final dividend on preference shares (face value ₹1,000) for FY26, subject to shareholder approval. The company fixed September 18, 2026, as the record date for the dividend, with the 15th Annual General Meeting scheduled for September 30, 2026. Additionally, the company appointed Ms. Sonali M as General Manager of Unit-I and Mr. Deorao Jhadu Pathe as General Manager of Unit-IV as Senior Management Personnel, along with Mr. Yuvraj V as Internal Auditor for FY27.
- Recommended final dividend of ₹1.00 per equity share of face value ₹10 for FY26
- Recommended 1.5% final dividend on preference shares of ₹1,000 face value for FY26
- Set record date as September 18, 2026, and 15th AGM date as September 30, 2026
- Appointed Ms. Sonali M (20+ years experience) as GM Unit-I and Mr. Deorao Jhadu Pathe (24+ years corrugation experience) as GM Unit-IV
- Appointed Mr. Yuvraj V as Internal Auditor for FY 2026-27
B&B Triplewall Containers Limited announced that its Board has recommended a final dividend of ₹1.00 per equity share (face value ₹10) and a 1.5% dividend on preference shares of ₹1,000 each for FY26, subject to shareholder approval. The record date to determine dividend entitlement has been fixed as September 18, 2026, ahead of the 15th Annual General Meeting scheduled for September 30, 2026. Additionally, the company appointed Mr. Yuvraj V as Internal Auditor for FY27, alongside hiring two Senior Management personnel as General Managers for Unit-I and Unit-IV.
- Recommended final equity dividend of ₹1.00 per share (face value ₹10) for FY25–26.
- Recommended final preference dividend of 1.5% on preference shares of ₹1,000 face value.
- Fixed Friday, September 18, 2026 as the record date for dividend entitlement.
- Scheduled 15th AGM for Wednesday, September 30, 2026 at Bangalore registered office.
- Appointed Mr. Yuvraj V as Internal Auditor (FY27) and added two Unit General Managers in senior management.
B&B Triplewall Containers Limited's Board has recommended a final dividend of ₹1.00 per equity share (face value ₹10) and 1.5% on preference shares of ₹1,000 each for FY 2025-26. The record date for determining shareholder entitlement is set for September 18, 2026, subject to approval at the AGM on September 30, 2026. At the current share price of ₹244.6, the dividend translates to a modest dividend yield of ~0.41%. In addition, the company announced the appointment of two General Managers for Unit-I and Unit-IV.
- Recommended Final Dividend of ₹1.00 per equity share of ₹10 face value for FY 2025-26
- Recommended 1.5% Final Dividend on Preference Shares of ₹1,000 face value for FY 2025-26
- Record Date fixed as Friday, September 18, 2026, for dividend entitlement
- 15th Annual General Meeting scheduled for Wednesday, September 30, 2026
- Appointed General Managers for Unit-I and Unit-IV effective August 14, 2026
B&B Triplewall Containers Limited's Board of Directors has recommended a final dividend of ₹1.00 per equity share of face value ₹10 each for FY25-26, alongside a 1.5% dividend on preference shares of ₹1,000 each. The record date for dividend entitlement is fixed for September 18, 2026, subject to shareholder approval at the 15th AGM on September 30, 2026. The board also approved key senior management appointments, bringing in Ms. Sonali M as General Manager Unit-I and Mr. Deorao Jhadu Pathe as General Manager Unit-IV.
- Recommended final equity dividend of ₹1.00 per share (face value ₹10) for FY25–26
- Recommended final dividend of 1.5% on Preference Shares of ₹1,000 each
- Record date for dividend entitlement set to September 18, 2026
- 15th Annual General Meeting scheduled for Wednesday, September 30, 2026
- Appointed Ms. Sonali M (GM Unit-I) and Mr. Deorao Jhadu Pathe (GM Unit-IV) to Senior Management
Financial Performance
Revenue Growth by Segment
The company operates in a single business segment (Packaging). Total operating income grew 26.47% YoY to INR 489.8 Cr in FY25 from INR 387.3 Cr in FY24.
Geographic Revenue Split
Primarily based in Bengaluru, Karnataka, serving the domestic FMCG and e-commerce sectors. Specific regional % split is not disclosed.
Profitability Margins
PAT margins declined significantly from 4.96% in FY24 to -0.87% in FY25, resulting in a reported loss of INR 4.3 Cr compared to a profit of INR 19.2 Cr in the previous year.
EBITDA Margin
Estimated EBITDA margin was approximately 9.08% in FY25, down from approximately 10.14% in FY24, primarily due to stabilization issues at the new kraft paper unit.
Capital Expenditure
The company undertook large debt-funded capital expenditure for a new kraft paper unit and capacity expansion, leading to an increase in gearing from 1.28 times in FY24 to 1.62 times in FY25.
Credit Rating & Borrowing
Rated by CRISIL with a 'Stable' outlook. Interest coverage ratio dropped from 6.69 times in FY24 to 2.37 times in FY25. Estimated borrowing cost is approximately 9.4% based on finance costs of INR 17.66 Cr.
Operational Drivers
Raw Materials
Kraft paper is the primary raw material, now partially sourced internally through backward integration.
Capacity Expansion
Current operations include enhanced corrugated box capacities and a newly operational kraft paper manufacturing unit intended for backward integration.
Raw Material Costs
Raw material costs are a major component of the cost structure; margins were adversely impacted in FY25 by stabilization issues in the internal kraft paper unit.
Manufacturing Efficiency
Efficiency was temporarily hampered in FY25 due to stabilization issues at the new backward integration unit.
Strategic Growth
Expected Growth Rate
19%
Growth Strategy
Growth is targeted through the ramp-up of enhanced corrugated box capacities and the stabilization of the kraft paper unit to capture higher margins through backward integration and serving the growing FMCG and e-commerce sectors.
Products & Services
Corrugated boxes and Kraft paper.
Brand Portfolio
B&B Triplewall.
New Products/Services
Kraft paper (via the new manufacturing unit).
Market Expansion
Focusing on expanding supply to FMCG, processed food, and online retail segments.
External Factors
Industry Trends
The industrial paper packaging industry is growing due to e-commerce but remains highly fragmented, which limits the pricing power of individual players.
Competitive Landscape
Intense competition from numerous fragmented players in the corrugated box industry.
Competitive Moat
Moat is based on promoters' 20+ years of experience and established relationships with major FMCG clients; backward integration provides a potential cost advantage if stabilized.
Macro Economic Sensitivity
Highly sensitive to the growth of the FMCG and E-commerce sectors in India.
Consumer Behavior
Increasing shift toward online shopping and processed foods is driving demand for secondary and tertiary packaging.
Regulatory & Governance
Industry Regulations
Compliance with manufacturing standards for food-grade packaging and general industrial packaging norms.
Environmental Compliance
Subject to pollution control norms and environmental standards for paper and packaging manufacturing.
Risk Analysis
Key Uncertainties
Potential for cash accruals to remain below INR 30 Cr if the kraft unit does not ramp up as expected, which could trigger a credit rating downgrade.
Geographic Concentration Risk
Manufacturing operations are concentrated in Bengaluru.
Third Party Dependencies
High dependency on the top 5 customers who account for 45% of total revenue.
Technology Obsolescence Risk
Risk of shift toward alternative sustainable packaging materials if corrugated boxes lose market preference.
Credit & Counterparty Risk
Bank limit utilization is high at 79%, indicating limited liquidity cushion.
