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 ₹ 8,718 Cr.
- Current Price ₹ 177
- High / Low ₹ 249 / 154
- Stock P/E 40.0
- Book Value ₹ 57.6
- Dividend Yield 0.71 %
- ROCE 11.3 %
- ROE 9.21 %
- Face Value ₹ 1.00
Pros
- Company has delivered good profit growth of 33.7% CAGR over last 5 years
- Company has been maintaining a healthy dividend payout of 31.6%
Cons
- Stock is trading at 3.07 times its book value
- The company has delivered a poor sales growth of 10.8% over past five years.
- Company has a low return on equity of 9.21% over last 3 years.
- Promoter holding has decreased over last 3 years: -3.90%
* 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.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1,318 | 1,342 | 1,596 | 1,808 | 2,117 | 2,141 | 1,725 | 2,031 | 2,242 | 2,633 | 2,663 | 2,880 | |
| 1,116 | 1,131 | 1,348 | 1,517 | 1,796 | 1,849 | 1,509 | 1,751 | 1,934 | 2,266 | 2,275 | 2,475 | |
| Operating Profit | 202 | 211 | 248 | 291 | 320 | 292 | 217 | 280 | 309 | 367 | 388 | 405 |
| OPM % | 15% | 16% | 16% | 16% | 15% | 14% | 13% | 14% | 14% | 14% | 15% | 14% |
| 1 | 36 | 2 | 2 | 2 | 2 | 2 | 3 | 2 | 14 | 8 | 35 | |
| Interest | 65 | 62 | 56 | 54 | 60 | 63 | 56 | 53 | 56 | 58 | 56 | 51 |
| Depreciation | 44 | 55 | 66 | 85 | 90 | 95 | 93 | 97 | 106 | 108 | 106 | 100 |
| Profit before tax | 94 | 130 | 127 | 154 | 173 | 135 | 69 | 133 | 149 | 215 | 234 | 288 |
| Tax % | 25% | 24% | 25% | 26% | 27% | 28% | 26% | 26% | 26% | 26% | 25% | 24% |
| 70 | 99 | 95 | 113 | 126 | 98 | 51 | 99 | 111 | 160 | 174 | 218 | |
| EPS in Rs | 1.67 | 2.36 | 2.10 | 2.50 | 2.79 | 2.16 | 1.13 | 2.19 | 2.46 | 3.51 | 3.84 | 4.42 |
| Dividend Payout % | 15% | 12% | 15% | 16% | 16% | 22% | 31% | 23% | 25% | 28% | 33% | 34% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 8% |
| 5 Years: | 11% |
| 3 Years: | 9% |
| TTM: | 8% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 12% |
| 5 Years: | 34% |
| 3 Years: | 25% |
| TTM: | 25% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 22% |
| 5 Years: | 33% |
| 3 Years: | 44% |
| 1 Year: | -19% |
| Return on Equity | |
|---|---|
| 10 Years: | 8% |
| 5 Years: | 8% |
| 3 Years: | 9% |
| Last Year: | 9% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 21 | 21 | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 49 |
| Reserves | 804 | 903 | 1,133 | 1,229 | 1,337 | 1,413 | 1,443 | 1,525 | 1,612 | 1,746 | 1,874 | 2,792 |
| 491 | 534 | 572 | 629 | 668 | 741 | 715 | 746 | 767 | 722 | 624 | 647 | |
| 245 | 277 | 292 | 360 | 393 | 364 | 318 | 473 | 450 | 484 | 510 | 555 | |
| Total Liabilities | 1,561 | 1,736 | 2,020 | 2,241 | 2,421 | 2,540 | 2,498 | 2,766 | 2,853 | 2,974 | 3,030 | 4,042 |
| 607 | 654 | 754 | 872 | 960 | 1,028 | 976 | 1,013 | 1,080 | 1,027 | 1,022 | 1,165 | |
| CWIP | 29 | 48 | 60 | 57 | 49 | 41 | 25 | 37 | 37 | 39 | 54 | 179 |
| Investments | 150 | 135 | 151 | 160 | 160 | 160 | 165 | 165 | 165 | 166 | 168 | 174 |
| 775 | 898 | 1,056 | 1,152 | 1,252 | 1,312 | 1,332 | 1,552 | 1,571 | 1,743 | 1,787 | 2,524 | |
| Total Assets | 1,561 | 1,736 | 2,020 | 2,241 | 2,421 | 2,540 | 2,498 | 2,766 | 2,853 | 2,974 | 3,030 | 4,042 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 144 | 100 | 72 | 235 | 210 | 162 | 160 | 171 | 227 | 242 | 275 | 82 | |
| -61 | -72 | -191 | -207 | -167 | -116 | -67 | -132 | -166 | -112 | -66 | -403 | |
| -89 | -31 | 115 | -14 | -42 | -45 | -104 | -38 | -61 | -128 | -207 | 691 | |
| Net Cash Flow | -6 | -2 | -4 | 13 | 1 | 0 | -10 | 0 | 0 | 2 | 3 | 370 |
| Free Cash Flow | 82 | -21 | -105 | 34 | 41 | 44 | 98 | 26 | 53 | 116 | 165 | -243 |
| CFO/OP | 78% | 58% | 42% | 91% | 76% | 68% | 82% | 72% | 84% | 77% | 80% | 28% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 79 | 94 | 96 | 95 | 90 | 96 | 117 | 110 | 107 | 98 | 101 | 102 |
| Inventory Days | 101 | 106 | 110 | 112 | 106 | 105 | 128 | 125 | 114 | 107 | 112 | 129 |
| Days Payable | 61 | 70 | 62 | 72 | 63 | 52 | 55 | 80 | 66 | 57 | 61 | 58 |
| Cash Conversion Cycle | 119 | 131 | 144 | 135 | 132 | 150 | 190 | 154 | 155 | 148 | 152 | 172 |
| Working Capital Days | 58 | 70 | 99 | 84 | 79 | 93 | 120 | 105 | 99 | 94 | 113 | 136 |
| ROCE % | 12% | 11% | 11% | 12% | 12% | 9% | 6% | 8% | 9% | 11% | 12% | 11% |
Insights
In beta| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Number of Global Manufacturing Locations Units |
|
|||||||||||
| Revenue Mix - India : Overseas Ratio |
||||||||||||
| Consolidated Volume - Composite LPG Cylinders (Nos) Numbers |
||||||||||||
| Consolidated Volume - Established Products (MT) Metric Tonnes |
||||||||||||
| Consolidated Volume - IBC (Nos) Numbers |
||||||||||||
| Manufacturing Capacity - CNG Cascades Cascades per annum |
||||||||||||
| Market Share - Domestic Industrial Packaging Percentage |
||||||||||||
| Order Book - CNG Cascades INR Million |
||||||||||||
Extracted by Screener AI
Documents
Announcements
-
Disclosures under Reg. 10(5) in respect of acquisition under Reg. 10(1)(a) of SEBI (SAST) Regulations, 2011
15 Jun - Time Technoplast promoters plan inter-se transfer of up to 10.5 lakh shares on 22 June 2026; holding unchanged at 47.56%.
-
Disclosure Of INTER-SE TRANSFER OF SHARES BETWEEN PROMOTERS In Accordance With Regulation 10(5) Of The SEBI (Substantial Acquisition Of Shares And Takeovers) Regulations, 2011
15 Jun - Promoters disclose inter-se transfer of 10.5 lakh shares on 22 June 2026; promoter holding stays 47.56%.
-
Announcement under Regulation 30 (LODR)-Acquisition
10 Jun - Time Technoplast executed SPA to acquire 76% of Systoverse Private Limited for about Rs. 25 crore.
-
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
10 Jun - Intimation of Schedule of Analyst/Institutional Investor Meeting to be held on June 16, 2026.
-
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
3 Jun - Time Technoplast will attend ICICI Securities India Investor Conference 2026 in Mumbai on June 9, 2026.
Annual reports
-
Financial Year 2025
from bse
-
Financial Year 2024
from bse
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from bse
-
Financial Year 2013
from nse
-
Financial Year 2012
from bse
Concalls
-
May 2026Transcript PPT REC
-
Feb 2026Transcript PPT REC
-
Nov 2025Transcript PPT REC
-
Aug 2025Transcript PPT
-
May 2025Transcript PPT REC
-
Feb 2025Transcript PPT
-
Nov 2024Transcript PPT REC
-
Aug 2024Transcript PPT REC
-
May 2024Transcript PPT REC
-
Feb 2024Transcript PPT
-
Nov 2023Transcript PPT REC
-
Aug 2023Transcript PPT
-
May 2023Transcript PPT
-
Feb 2023Transcript PPT
-
Nov 2022Transcript PPT
-
Aug 2022Transcript PPT
-
May 2022Transcript PPT
-
Feb 2022Transcript PPT
-
Nov 2021Transcript PPT
-
Aug 2021Transcript PPT
-
Jun 2021Transcript PPT
-
Feb 2021TranscriptAI SummaryPPT
-
Nov 2020Transcript PPT
-
Nov 2020TranscriptPPT
-
Aug 2020Transcript PPT
-
Jun 2020Transcript PPT
-
Feb 2020TranscriptAI SummaryPPT
-
Feb 2020TranscriptAI SummaryPPT
-
Nov 2019Transcript PPT
-
Aug 2019Transcript PPT
-
May 2019Transcript PPT
-
Feb 2019Transcript PPT
-
Nov 2018Transcript PPT
-
Aug 2018TranscriptAI SummaryPPT
-
Aug 2018Transcript PPT
-
May 2018TranscriptAI SummaryPPT
-
May 2018TranscriptAI SummaryPPT
-
May 2018Transcript PPT
-
Feb 2018Transcript PPT
-
Nov 2017Transcript PPT
-
Aug 2017Transcript PPT
-
May 2017TranscriptAI SummaryPPT
-
Feb 2017Transcript PPT
-
Oct 2016TranscriptAI SummaryPPT
Market Leadership[1]
The company is a leading global industrial packaging player with a 55% market share in India's industrial packaging segment and is the world's largest manufacturer of large-size plastic drums. It is India's first manufacturer of Type-IV composite cylinders for LPG, CNG, and hydrogen, the world's 2nd-largest composite cylinder producer, the 2nd-largest MOX film manufacturer in India, a major HDPE pipe manufacturer, and the 3rd-largest IBC manufacturer globally. The company also holds a market-leading position in 9 of the 11 countries where it operates.