Time Technoplast Ltd logo

Time Technoplast Ltd

TIMETECHNO NSE

Key Fundamentals

MicrocapPlastic Products - IndustrialIndustrial Products
Market Cap
₹9,292 Cr
Volatility
Moderate
P/E Ratio
18.34
EBITDA
₹892 Cr
Return on Equity
13.32%
Debt to Equity
0.18
Book Value
₹82.82
EPS
₹14.7
52W High
₹249.15
52W Low
₹154

Insights

Beta

AI-extracted from concalls & annual reports · figures as reported, with sources

Log in to view Time Technoplast Ltd insights

50 extracted metrics + investor summaries across FY12–FY26.

Log in — free

Tapetide Score

Data-driven rating, 0–100. How it works →

Technical Indicators

Key Insights

Strengths

1
  • Company has delivered good profit growth of 35.3% CAGR over last 5 years

Weaknesses

2
  • Company has a low return on equity of 13.4% over last 3 years.
  • Promoter holding has decreased over last 3 years: -4.12%

Growth Rate

Revenue Growth
11.77%
Net Income Growth
20.84%
Cash Flow Change
5.98%
ROE
10.36%
ROCE
4.29%
EBITDA Margin (Avg.)
0.83%

AI Analysis — Bull vs Bear

Anthropic anthropic claude-opus-4.6 18d ago
AI opinion · based on fundamentals
Risk medium

Time Technoplast Ltd is a ₹10,345 Cr market-cap industrial products company that has delivered 35% profit CAGR over five years and 12% TTM sales growth, while trading at a PE of 21.6x. However, return on equity remains modest at ~13% over three years, promoter holding has declined by 4.13%, and the stock has corrected 11% over the past year despite strong long-term compounding.

Bull Case 8
  • Strong 5-year profit CAGR of 35%, significantly outpacing the 15% revenue CAGR over the same period, indicating margin expansion
  • Consolidated revenue grew 9.3% YoY to ₹54,570 Mn in FY25 from ₹49,925 Mn in FY24, showing consistent top-line momentum
  • Value-added products segment (IBCs, composite cylinders, MOX films) grew 18% in FY26 vs 10% growth in established products, signalling a favourable mix shift
  • Composite cylinder capacity being doubled from 30,000 to 66,000 units per year, with an order book of ₹924 Mn as of late 2025, tapping the global LPG/CNG transition
  • 3-year stock CAGR of 44% and 10-year CAGR of 21% reflect sustained long-term wealth creation
  • TTM profit growth of 21% continues to outpace TTM sales growth of 12%, indicating operating leverage is intact
  • Debt-to-equity ratio of approximately 0.18x as per recent filings indicates a relatively conservative balance sheet
  • Operations across 11 countries with roughly 50-50 India/international revenue split provides geographic diversification
Bear Case 8
  • Return on equity of only 13% over the last 3 years is below the 15%+ threshold typically expected for quality compounders
  • Promoter holding has decreased by 4.13% over the last 3 years, which may signal reduced promoter confidence or dilution
  • Stock has declined 11% over the past 1 year despite continued earnings growth, suggesting possible de-rating or market concerns
  • PE of 21.6x for a company generating only 13% ROE implies the valuation already prices in significant future improvement
  • 10-year profit CAGR of only 13% versus the recent 5-year CAGR of 35% shows that historical long-term growth was much slower, raising sustainability questions
  • Net profit margin stood at approximately 7.8% in Q4 FY25, which is modest for a manufacturing business at this scale
  • Dividend yield of 1.2% is low, indicating limited near-term cash return to shareholders
  • 10-year sales CAGR of 10% suggests underlying volume growth is moderate and recent acceleration may partly reflect price pass-throughs

This is AI-generated analysis, not financial advice. Do your own due diligence.

AI News Digest

Anthropic anthropic claude-opus-4.6 15d ago
Positives 1
  • ₹38Cr HPCL composite cylinder order Jul 17

    Secured ₹38.14 crore order from HPCL via GeM for 1,40,000 Type IV Composite LPG Cylinders, to be executed within six months. Order supports HPCL's new quick-commerce distribution model.

Neutral 2
  • Q1FY27 earnings call Aug 6 Jul 30

    Management will host Q1FY27 earnings conference call on August 6, 2026 at 16:00 IST to discuss quarterly performance.

  • Commercial paper repaid on time Jul 23

    Time Technoplast certified timely repayment of its commercial paper maturity amount on July 23, 2026, indicating no debt servicing stress.

TL;DR: Time Technoplast shows steady operational momentum with a ₹38.14 crore HPCL order reinforcing its composite LPG cylinder business tied to government distribution initiatives. No visible headwinds in recent news, and timely debt repayment signals healthy liquidity. The upcoming Q1FY27 earnings call on Aug 6 will be the next catalyst for re-rating or risk reassessment.

Quarterly Results

  Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales
1,079
1,194
1,325
1,394
1,230
1,371
1,388
1,469
1,353
1,511
1,565
1,677
1,693
Expenses
932
1,027
1,134
1,208
1,056
1,174
1,187
1,255
1,158
1,288
1,331
1,436
1,468
Operating Profit
147
167
191
186
174
196
201
214
195
223
234
241
224
OPM %
14%
14%
14%
13%
14%
14%
14%
15%
14%
15%
15%
14%
13%
Other Income
1
0
2
11
1
1
2
2
1
1
2
5
1
Interest
26
25
25
25
24
23
22
22
22
22
19
18
17
Depreciation
45
46
42
40
41
42
43
44
45
46
46
47
51
PBT
76
96
126
133
110
133
137
150
129
157
171
181
158
Tax %
25%
25%
26%
29%
27%
25%
25%
25%
25%
25%
25%
26%
25%
Net Profit
57
71
93
94
80
100
102
112
97
117
129
134
118
EPS in Rs
1.24
1.56
2.02
2.03
1.75
2.17
2.22
2.41
2.1
2.54
2.56
2.67
2.35
Figures in ₹ Crores

Profit & Loss

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales
2,447
2,396
2,755
3,103
3,564
3,578
3,005
3,650
4,289
4,992
5,457
6,105
6,445
Expenses
2,108
2,048
2,350
2,630
3,040
3,079
2,618
3,144
3,712
4,302
4,672
5,213
5,524
Operating Profit
339
348
404
473
524
499
387
506
577
691
785
892
922
OPM %
14%
15%
15%
15%
15%
14%
13%
14%
13%
14%
14%
15%
14%
Other Income
4
22
2
2
3
2
4
3
4
14
5
9
9
Interest
104
96
90
88
99
108
98
92
105
101
92
80
75
Depreciation
87
99
116
137
146
156
151
157
171
173
170
183
190
PBT
150
174
201
250
282
237
142
259
305
431
529
638
666
Tax %
25%
19%
25%
26%
26%
26%
26%
26%
27%
27%
25%
25%
Net Profit
113
142
151
185
209
175
106
192
224
316
394
477
498
EPS in Rs
2.61
3.29
3.25
3.99
4.48
3.74
2.29
4.16
4.84
6.84
8.55
9.5
10.12
Div. Payout %
10%
8%
10%
10%
10%
13%
15%
12%
13%
15%
15%
16%
Figures in ₹ Crores

Balance Sheet

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital
21
21
23
23
23
23
23
23
23
23
23
49
Reserves
1,016
1,147
1,304
1,461
1,647
1,792
1,880
2,050
2,247
2,530
2,869
4,039
Borrowings
804
746
722
777
840
890
863
906
900
829
732
733
Other Liabilities
493
505
523
632
691
659
538
626
660
732
775
817
Total Liabilities
2,334
2,420
2,571
2,892
3,200
3,364
3,304
3,604
3,829
4,114
4,399
5,639
Fixed Assets
1,154
1,147
1,100
1,200
1,279
1,349
1,281
1,314
1,383
1,368
1,373
1,435
CWIP
43
71
87
94
98
81
40
70
68
41
79
230
Investments
0
0
0
0
0
0
0
0
0
2
3
6
Other Assets
1,138
1,202
1,384
1,598
1,822
1,934
1,983
2,220
2,379
2,703
2,943
3,968
Total Assets
2,334
2,420
2,571
2,892
3,200
3,364
3,304
3,604
3,829
4,114
4,399
5,639
Figures in ₹ Crores

Cash Flow

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating
269
289
188
303
281
301
257
291
370
406
431
233
Investing
-98
-120
-212
-244
-231
-138
-105
-179
-216
-187
-147
-446
Financing
-172
-167
19
-51
-58
-148
-151
-104
-154
-197
-249
624
Net Cash Flow
0
1
-5
8
-7
16
1
8
1
22
35
411
Free Cash Flow
172
173
-24
59
51
164
155
104
147
251
275
-137
CFO/OP
87
92
56
75
65
73
75
68
76
72
70
41
Figures in ₹ Crores

Ratios

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days
69
75
77
79
80
84
97
87
80
79
78
87
Inventory Days
102
104
104
109
107
110
132
129
117
107
108
111
Days Payable
67
70
66
74
69
65
56
55
48
45
42
37
Cash Conversion Cycle
104
110
115
113
118
130
173
161
150
141
143
161
Working Capital Days
19
26
53
61
65
81
111
98
96
93
106
127
ROCE %
13%
14%
14%
15%
16%
13%
9%
12%
13%
16%
17%
17%

Shareholding Pattern

As of Jun 2026
Promoters 47.56%
Public 20.58%
DIIs 17.57%
FIIs 8.53%
Others 5.76%
Total 100.00%
  Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Nov 2025Dec 2025Mar 2026Jun 2026
Promoters
51.33%
51.33%
51.33%
51.33%
51.33%
51.33%
51.33%
51.33%
51.47%
51.69%
51.69%
51.51%
51.56%
51.56%
51.56%
51.56%
51.62%
51.62%
51.62%
47.46%
47.51%
47.56%
47.56%
FIIs
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
5.96%
5.70%
6.18%
6.79%
6.69%
7.64%
8.07%
8.29%
8.42%
11.05%
11.66%
10.88%
8.53%
DIIs
11.26%
11.23%
11.00%
10.04%
9.50%
9.00%
9.00%
8.94%
8.17%
4.73%
9.95%
10.43%
10.93%
10.97%
12.87%
13.20%
12.99%
12.92%
13.19%
16.63%
16.70%
17.37%
17.57%
Government
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
Public
11.84%
12.41%
14.48%
15.70%
16.91%
18.84%
20.18%
19.52%
20.11%
22.14%
21.35%
22.70%
23.32%
23.33%
21.73%
20.59%
20.51%
20.49%
20.22%
18.45%
19.28%
19.21%
20.58%
Others
25.56%
25.02%
23.19%
22.92%
22.26%
20.83%
19.49%
20.21%
20.26%
21.44%
11.05%
9.67%
8.01%
7.35%
7.14%
7.00%
6.81%
6.68%
6.56%
6.41%
4.85%
4.98%
5.76%
No. of Shareholders
37,029
52,025
58,876
66,937
72,127
88,949
98,960
92,428
86,656
77,998
73,779
74,109
78,632
1,02,531
1,10,983
1,22,333
1,27,605
1,37,345
1,41,457
1,46,565
1,49,655
1,36,962
1,40,298

Documents

Frequently Asked Questions about Time Technoplast Ltd

What does Time Technoplast Ltd do?
Time Technoplast is a multinational conglomerate involved in the manufacturing of technology and innovation driven polymer & composite products.(Source : 202003-01 Annual Report Page No:74)
Where is Time Technoplast Ltd (TIMETECHNO) listed?
Time Technoplast Ltd is listed on the Indian stock exchanges. It is listed on NSE: TIMETECHNO and BSE: 532856. You can view its live share price, financials, and ratios on Tapetide.
Which sector does Time Technoplast Ltd belong to?
Time Technoplast Ltd operates in the Industrials sector within the Industrial Products industry. Sector classification helps investors compare companies affected by similar economic conditions and regulatory changes.
What is the market capitalisation of Time Technoplast Ltd?
Time Technoplast Ltd has a market capitalisation of approximately ₹9291.70 Cr. Based on this, it is classified as a Mid Cap stock.
What is the PE ratio of Time Technoplast Ltd?
The Price-to-Earnings (PE) ratio of Time Technoplast Ltd is 18.34. The PE ratio compares a company's share price to its earnings per share and is commonly used to assess whether a stock is overvalued or undervalued relative to its peers.
What is the 52-week high and low of Time Technoplast Ltd?
Over the past 52 weeks, Time Technoplast Ltd has traded between a low of ₹154 and a high of ₹249.15. This range helps investors understand the stock's price volatility and recent trading levels.
Does Time Technoplast Ltd pay dividends?
Yes, Time Technoplast Ltd has a dividend yield of 0.79%. Dividend yield indicates the annual dividend income relative to the share price. A consistent dividend history can signal financial stability.
What is the Return on Equity (ROE) of Time Technoplast Ltd?
Time Technoplast Ltd has a Return on Equity (ROE) of 13.32%. ROE measures how effectively a company uses shareholders' equity to generate profits. A higher ROE generally indicates better capital efficiency.
How can I research Time Technoplast Ltd on Tapetide?
On Tapetide, you can view Time Technoplast Ltd's live share price, quarterly results, profit & loss statements, balance sheet, cash flow, key ratios, shareholding pattern, technical indicators, analyst ratings, and forecasts — all on a single page without needing to sign up.

Company Information

Time Technoplast is a multinational conglomerate involved in the manufacturing of technology and innovation driven polymer & composite products.(Source : 202003-01 Annual Report Page No:74)

CEO Mr. Bharat Kumar Vageria
Employees 3,657
Listed 2007-06-13
Face Value ₹ 1
Issued Size 49,36,35,379

Explore More