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 ₹ 8,366 Cr.
- Current Price ₹ 169
- High / Low ₹ 249 / 154
- Stock P/E 17.8
- Book Value ₹ 82.8
- Dividend Yield 0.74 %
- ROCE 16.7 %
- ROE 13.4 %
- Face Value ₹ 1.00
Pros
- Company has delivered good profit growth of 35.3% CAGR over last 5 years
Cons
- Company has a low return on equity of 13.4% 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2,447 | 2,396 | 2,755 | 3,103 | 3,564 | 3,578 | 3,005 | 3,650 | 4,289 | 4,992 | 5,457 | 6,105 | |
| 2,108 | 2,048 | 2,350 | 2,630 | 3,040 | 3,079 | 2,618 | 3,144 | 3,712 | 4,302 | 4,672 | 5,213 | |
| Operating Profit | 339 | 348 | 404 | 473 | 524 | 499 | 387 | 506 | 577 | 691 | 785 | 892 |
| OPM % | 14% | 15% | 15% | 15% | 15% | 14% | 13% | 14% | 13% | 14% | 14% | 15% |
| 4 | 22 | 2 | 2 | 3 | 2 | 4 | 3 | 4 | 14 | 5 | 9 | |
| Interest | 104 | 96 | 90 | 88 | 99 | 108 | 98 | 92 | 105 | 101 | 92 | 80 |
| Depreciation | 87 | 99 | 116 | 137 | 146 | 156 | 151 | 157 | 171 | 173 | 170 | 183 |
| Profit before tax | 150 | 174 | 201 | 250 | 282 | 237 | 142 | 259 | 305 | 431 | 529 | 638 |
| Tax % | 25% | 19% | 25% | 26% | 26% | 26% | 26% | 26% | 27% | 27% | 25% | 25% |
| 113 | 142 | 151 | 185 | 209 | 175 | 106 | 192 | 224 | 316 | 394 | 477 | |
| 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 | 9.50 |
| Dividend Payout % | 10% | 8% | 10% | 10% | 10% | 13% | 15% | 12% | 13% | 15% | 15% | 16% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 10% |
| 5 Years: | 15% |
| 3 Years: | 12% |
| TTM: | 12% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 13% |
| 5 Years: | 35% |
| 3 Years: | 29% |
| TTM: | 21% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 21% |
| 5 Years: | 32% |
| 3 Years: | 43% |
| 1 Year: | -23% |
| Return on Equity | |
|---|---|
| 10 Years: | 11% |
| 5 Years: | 12% |
| 3 Years: | 13% |
| Last Year: | 13% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| 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 | 1,016 | 1,147 | 1,304 | 1,461 | 1,647 | 1,792 | 1,880 | 2,050 | 2,247 | 2,530 | 2,869 | 4,039 |
| 804 | 746 | 722 | 777 | 840 | 890 | 863 | 906 | 900 | 829 | 732 | 733 | |
| 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 |
| 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 |
| 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 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 269 | 289 | 188 | 303 | 281 | 301 | 257 | 291 | 370 | 406 | 431 | 233 | |
| -98 | -120 | -212 | -244 | -231 | -138 | -105 | -179 | -216 | -187 | -147 | -446 | |
| -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% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| 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 | 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 | 104 | 96 | 93 | 106 | 127 |
| ROCE % | 13% | 14% | 14% | 15% | 16% | 13% | 9% | 12% | 13% | 16% | 17% | 17% |
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 |
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| Revenue Mix - India : Overseas Ratio |
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| Consolidated Volume - Composite LPG Cylinders (Nos) Numbers |
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| Consolidated Volume - Established Products (MT) Metric Tonnes |
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| Consolidated Volume - IBC (Nos) Numbers |
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| Manufacturing Capacity - CNG Cascades Cascades per annum |
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| Market Share - Domestic Industrial Packaging Percentage ・Standalone data |
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| Order Book - CNG Cascades INR Million |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Acquisition
10 Jun - Time Technoplast executed SPA to acquire 76% of Systoverse Private Limited for about Rs. 25 crore.
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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.
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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.
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
3 Jun - Transcript of the Conference Call held on May 29, 2026
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
29 May - Audio recording link for Q4 and FY2026 results conference call posted on company website.
Annual reports
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Financial Year 2025
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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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Concalls
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May 2026Transcript PPT REC
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Feb 2026Transcript PPT REC
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Nov 2025Transcript PPT REC
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Aug 2025Transcript PPT
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May 2025Transcript PPT REC
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Nov 2024Transcript PPT REC
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Aug 2024Transcript PPT REC
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May 2024Transcript PPT REC
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Feb 2024Transcript PPT
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Nov 2023Transcript PPT REC
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Nov 2022Transcript PPT
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Nov 2021Transcript PPT
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Aug 2021Transcript PPT
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Jun 2021Transcript PPT
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Feb 2021TranscriptAI SummaryPPT
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Nov 2020Transcript PPT
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Nov 2020TranscriptPPT
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Aug 2020Transcript PPT
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Jun 2020Transcript PPT
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Feb 2020TranscriptAI SummaryPPT
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Feb 2020TranscriptAI SummaryPPT
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Nov 2019Transcript PPT
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Aug 2019Transcript PPT
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May 2019Transcript PPT
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Feb 2019Transcript PPT
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Nov 2018Transcript PPT
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Aug 2018TranscriptAI SummaryPPT
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Aug 2018Transcript PPT
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May 2018TranscriptAI SummaryPPT
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May 2018TranscriptAI SummaryPPT
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May 2018Transcript PPT
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Feb 2018Transcript PPT
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Nov 2017Transcript PPT
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Aug 2017Transcript PPT
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May 2017TranscriptAI SummaryPPT
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Feb 2017Transcript PPT
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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.