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 ₹ 9,827 Cr.
- Current Price ₹ 433
- High / Low ₹ 514 / 284
- Stock P/E 25.3
- Book Value ₹ 127
- Dividend Yield 0.44 %
- ROCE 17.4 %
- ROE 14.2 %
- Face Value ₹ 1.00
Pros
- Company has delivered good profit growth of 18.1% CAGR over last 5 years
Cons
- The company has delivered a poor sales growth of 8.81% over past five years.
- Company has a low return on equity of 12.4% 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.
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2,155 | 2,447 | 2,396 | 2,755 | 3,103 | 3,564 | 3,578 | 3,005 | 3,650 | 4,289 | 4,992 | 5,457 | |
1,847 | 2,108 | 2,048 | 2,350 | 2,630 | 3,040 | 3,079 | 2,618 | 3,144 | 3,712 | 4,302 | 4,672 | |
Operating Profit | 308 | 339 | 348 | 404 | 473 | 524 | 499 | 387 | 506 | 577 | 691 | 785 |
OPM % | 14% | 14% | 15% | 15% | 15% | 15% | 14% | 13% | 14% | 13% | 14% | 14% |
6 | 4 | 22 | 2 | 2 | 3 | 2 | 4 | 3 | 4 | 14 | 5 | |
Interest | 99 | 104 | 96 | 90 | 88 | 99 | 108 | 98 | 92 | 105 | 101 | 92 |
Depreciation | 87 | 87 | 99 | 116 | 137 | 146 | 156 | 151 | 157 | 171 | 173 | 170 |
Profit before tax | 128 | 150 | 174 | 201 | 250 | 282 | 237 | 142 | 259 | 305 | 431 | 529 |
Tax % | 23% | 25% | 19% | 25% | 26% | 26% | 26% | 26% | 26% | 27% | 27% | 25% |
99 | 113 | 142 | 151 | 185 | 209 | 175 | 106 | 192 | 224 | 316 | 394 | |
EPS in Rs | 4.54 | 5.22 | 6.57 | 6.50 | 7.98 | 8.96 | 7.48 | 4.57 | 8.31 | 9.69 | 13.68 | 17.10 |
Dividend Payout % | 10% | 10% | 8% | 10% | 10% | 10% | 13% | 15% | 12% | 13% | 1% | 15% |
Compounded Sales Growth | |
---|---|
10 Years: | 8% |
5 Years: | 9% |
3 Years: | 14% |
TTM: | 9% |
Compounded Profit Growth | |
---|---|
10 Years: | 13% |
5 Years: | 18% |
3 Years: | 27% |
TTM: | 28% |
Stock Price CAGR | |
---|---|
10 Years: | 25% |
5 Years: | 62% |
3 Years: | 56% |
1 Year: | 55% |
Return on Equity | |
---|---|
10 Years: | 11% |
5 Years: | 11% |
3 Years: | 12% |
Last Year: | 14% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 21 | 21 | 21 | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 |
Reserves | 908 | 1,016 | 1,147 | 1,304 | 1,461 | 1,647 | 1,792 | 1,880 | 2,050 | 2,247 | 2,530 | 2,869 |
861 | 804 | 746 | 722 | 777 | 840 | 890 | 863 | 906 | 900 | 829 | 732 | |
460 | 493 | 505 | 523 | 632 | 691 | 659 | 538 | 626 | 660 | 732 | 775 | |
Total Liabilities | 2,250 | 2,334 | 2,420 | 2,571 | 2,892 | 3,200 | 3,364 | 3,304 | 3,604 | 3,829 | 4,114 | 4,399 |
1,145 | 1,154 | 1,147 | 1,100 | 1,200 | 1,279 | 1,349 | 1,281 | 1,314 | 1,383 | 1,368 | 1,373 | |
CWIP | 45 | 43 | 71 | 87 | 94 | 98 | 81 | 40 | 70 | 68 | 41 | 79 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 3 |
1,060 | 1,138 | 1,202 | 1,384 | 1,598 | 1,822 | 1,934 | 1,983 | 2,220 | 2,379 | 2,703 | 2,943 | |
Total Assets | 2,250 | 2,334 | 2,420 | 2,571 | 2,892 | 3,200 | 3,364 | 3,304 | 3,604 | 3,829 | 4,114 | 4,399 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
214 | 269 | 289 | 188 | 303 | 281 | 301 | 257 | 291 | 370 | 406 | 431 | |
-124 | -98 | -120 | -212 | -244 | -231 | -138 | -105 | -179 | -216 | -187 | -147 | |
-74 | -172 | -167 | 19 | -51 | -58 | -148 | -151 | -104 | -154 | -197 | -249 | |
Net Cash Flow | 16 | -0 | 1 | -5 | 8 | -7 | 16 | 1 | 8 | 1 | 22 | 35 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 73 | 69 | 75 | 77 | 79 | 80 | 84 | 97 | 87 | 80 | 79 | 78 |
Inventory Days | 104 | 102 | 104 | 104 | 109 | 107 | 110 | 132 | 129 | 117 | 107 | 108 |
Days Payable | 71 | 67 | 70 | 66 | 74 | 69 | 65 | 56 | 55 | 48 | 45 | 42 |
Cash Conversion Cycle | 106 | 104 | 110 | 115 | 113 | 118 | 130 | 173 | 161 | 150 | 141 | 143 |
Working Capital Days | 79 | 77 | 88 | 102 | 103 | 108 | 125 | 177 | 155 | 145 | 136 | 140 |
ROCE % | 13% | 13% | 14% | 14% | 15% | 16% | 13% | 9% | 12% | 13% | 16% | 17% |
Documents
Announcements
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Intimation of Repayment of Commercial Paper (CP)
6 Jun - Timely repayment of commercial paper maturing on June 6, 2025 confirmed by Time Technoplast.
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
30 May - Transcript of the Conference Call held on May 28, 2025 to discuss Q4 & FY25 Results.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
29 May - Newspaper advertisement for Audited Financials Results (Consolidated and Standalone) for the quarter and year ended 31st March, 2025.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
28 May - Audio recording of Q4 & FY25 results conference call available on company website.
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Announcement under Regulation 30 (LODR)-Investor Presentation
27 May - Earnings Presentation in respect of the Audited (Consolidated & Standalone) Financial Results declared for the Quarter and Financial Year ended March 31, 2025.
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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May 2025Transcript PPT REC
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Nov 2024Transcript PPT REC
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Jun 2021Transcript PPT
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Feb 2021TranscriptNotesPPT
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Nov 2020Transcript PPT
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Jun 2020Transcript PPT
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Nov 2019Transcript PPT
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Nov 2018Transcript PPT
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Aug 2018TranscriptNotesPPT
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Nov 2017Transcript PPT
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May 2017TranscriptNotesPPT
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Feb 2017Transcript PPT
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Oct 2016TranscriptNotesPPT
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]