Time Technoplast Ltd
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)
- Market Cap ₹ 8,249 Cr.
- Current Price ₹ 364
- High / Low ₹ 514 / 244
- Stock P/E 46.1
- Book Value ₹ 79.7
- Dividend Yield 0.56 %
- ROCE 10.7 %
- ROE 8.92 %
- Face Value ₹ 1.00
Pros
- Company has been maintaining a healthy dividend payout of 17.0%
Cons
- Stock is trading at 4.60 times its book value
- Company has a low return on equity of 7.54% over last 3 years.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Plastic products Industry: Plastics Products
Part of BSE SmallCap BSE Allcap BSE Industrials Nifty Microcap 250 Nifty Total Market
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1,049 | 1,191 | 1,318 | 1,342 | 1,596 | 1,808 | 2,117 | 2,141 | 1,725 | 2,031 | 2,242 | 2,633 | 2,738 | |
855 | 1,008 | 1,116 | 1,131 | 1,348 | 1,517 | 1,796 | 1,849 | 1,509 | 1,751 | 1,934 | 2,266 | 2,355 | |
Operating Profit | 194 | 183 | 202 | 211 | 248 | 291 | 320 | 292 | 217 | 280 | 309 | 367 | 383 |
OPM % | 18% | 15% | 15% | 16% | 16% | 16% | 15% | 14% | 13% | 14% | 14% | 14% | 14% |
4 | 23 | 1 | 36 | 2 | 2 | 2 | 2 | 2 | 3 | 2 | 14 | 18 | |
Interest | 56 | 61 | 65 | 62 | 56 | 54 | 60 | 63 | 56 | 53 | 56 | 58 | 58 |
Depreciation | 40 | 44 | 44 | 55 | 66 | 85 | 90 | 95 | 93 | 97 | 106 | 108 | 103 |
Profit before tax | 102 | 101 | 94 | 130 | 127 | 154 | 173 | 135 | 69 | 133 | 149 | 215 | 240 |
Tax % | 26% | 21% | 25% | 24% | 25% | 26% | 27% | 28% | 26% | 26% | 26% | 26% | |
76 | 80 | 70 | 99 | 95 | 113 | 126 | 98 | 51 | 99 | 111 | 160 | 179 | |
EPS in Rs | 3.60 | 3.82 | 3.33 | 4.71 | 4.20 | 5.01 | 5.58 | 4.32 | 2.27 | 4.39 | 4.92 | 7.03 | 7.89 |
Dividend Payout % | 13% | 12% | 15% | 12% | 15% | 16% | 16% | 22% | 31% | 23% | 25% | 3% |
Compounded Sales Growth | |
---|---|
10 Years: | 8% |
5 Years: | 4% |
3 Years: | 15% |
TTM: | 9% |
Compounded Profit Growth | |
---|---|
10 Years: | 7% |
5 Years: | 4% |
3 Years: | 44% |
TTM: | 23% |
Stock Price CAGR | |
---|---|
10 Years: | 23% |
5 Years: | 67% |
3 Years: | 55% |
1 Year: | 28% |
Return on Equity | |
---|---|
10 Years: | 8% |
5 Years: | 7% |
3 Years: | 8% |
Last Year: | 9% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 21 | 21 | 21 | 21 | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 |
Reserves | 680 | 748 | 804 | 903 | 1,133 | 1,229 | 1,337 | 1,413 | 1,443 | 1,525 | 1,612 | 1,746 | 1,786 |
468 | 504 | 491 | 534 | 572 | 629 | 668 | 741 | 715 | 746 | 767 | 722 | 683 | |
217 | 233 | 245 | 277 | 292 | 360 | 393 | 364 | 318 | 473 | 450 | 484 | 477 | |
Total Liabilities | 1,386 | 1,506 | 1,561 | 1,736 | 2,020 | 2,241 | 2,421 | 2,540 | 2,498 | 2,766 | 2,853 | 2,974 | 2,969 |
483 | 580 | 607 | 654 | 754 | 872 | 960 | 1,028 | 976 | 1,013 | 1,080 | 1,027 | 1,007 | |
CWIP | 106 | 40 | 29 | 48 | 60 | 57 | 49 | 41 | 25 | 37 | 37 | 39 | 55 |
Investments | 145 | 150 | 150 | 135 | 151 | 160 | 160 | 160 | 165 | 165 | 165 | 166 | 166 |
652 | 736 | 775 | 898 | 1,056 | 1,152 | 1,252 | 1,312 | 1,332 | 1,552 | 1,571 | 1,743 | 1,741 | |
Total Assets | 1,386 | 1,506 | 1,561 | 1,736 | 2,020 | 2,241 | 2,421 | 2,540 | 2,498 | 2,766 | 2,853 | 2,974 | 2,969 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
94 | 99 | 144 | 100 | 72 | 235 | 210 | 162 | 160 | 171 | 227 | 242 | |
-74 | -57 | -61 | -72 | -191 | -207 | -167 | -116 | -67 | -132 | -166 | -112 | |
-16 | -37 | -89 | -31 | 115 | -14 | -42 | -45 | -104 | -38 | -61 | -128 | |
Net Cash Flow | 4 | 6 | -6 | -2 | -4 | 13 | 1 | 0 | -10 | 0 | 0 | 2 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 78 | 82 | 79 | 94 | 96 | 95 | 90 | 96 | 117 | 110 | 107 | 98 |
Inventory Days | 109 | 101 | 101 | 106 | 110 | 112 | 106 | 105 | 128 | 125 | 114 | 107 |
Days Payable | 68 | 67 | 61 | 70 | 62 | 72 | 63 | 52 | 55 | 80 | 66 | 57 |
Cash Conversion Cycle | 119 | 117 | 119 | 131 | 144 | 135 | 132 | 150 | 190 | 154 | 155 | 148 |
Working Capital Days | 124 | 128 | 126 | 148 | 163 | 147 | 138 | 158 | 222 | 196 | 187 | 169 |
ROCE % | 14% | 13% | 12% | 11% | 11% | 12% | 12% | 9% | 6% | 8% | 9% | 11% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
1d - Invitation for Q4 & FY25 earnings conference call on May 28, 2025 at 16:00 IST.
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Incorporation Of ELAN STEEL CONTAINERS (FZC), Step - Down Subsidiary At Sharjah Airport Free Zone (Saif Zone), UAE
1d - Incorporation of UAE subsidiary for steel drum manufacturing, expanding Middle East presence and product range.
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Board Meeting Intimation for Consideration And Approval Of The Audited Financial Results (Standalone And Consolidated) For The Quarter And Financial Year Ended 31St March, 2025 And Dividend.
15 May - Board meeting on May 27 to approve FY25 results and consider dividend; trading window closed since April 1.
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Approval Received From Bureau Veritas Services SAS, France (International Agency) For Fully Wrapped Fibre Reinforced Refillable Type IV Composite Cylinder For Hydrogen Application 150 Litres
15 May - Received Bureau Veritas approval for 150L Type IV Hydrogen Cylinder, enhancing global market access.
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Incorporation Of Wholly Owned Subsidiary
9 May - Incorporation of subsidiary for 2120 Cr recycling plants, processing 60,000 MT plastic waste annually.
Annual reports
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Concalls
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Market Leadership
The company holds a market share of over 55% in the domestic industrial packaging segment. It is the largest manufacturer of large-size plastic drums, the 2nd largest manufacturer of composite cylinders, and the 3rd largest manufacturer of Intermediate Bulk Containers (IBCs) globally. Additionally, it is the 2nd largest manufacturer of MOX film in India and a market leader in 9 out of the 11 countries where it operates. [1]