Minerva Capital Research Solutions

Time Technoplast

NSE: TIMETECHNOBSE: 532856
Compare with peers
₹ 161.50▼ 1.6 (−0.98%)28 Oct, 03:29 pm IST
Market cap
₹ 7,731 Cr.
P/E
15.8x
P/B
1.98x
52-week range
153.6 – 220
ROE
13%
ROCE
17%
Dividend yield
0.9%
Debt / equity
0.18
Sector
Industrial Products
Industry
Plastic Products - Industrial
Listed on
NSE, BSE

About

Time Technoplast Limited is an India-based company, which operates a multinational conglomerate and manufacturers technology-based polymer and composite products. The Company manufactures large-sized plastic drums, composite cylinders, and intermediate bulk containers. The Company's segments include Polymer Products and composite Products. It has manufacturing facilities at approximately 30 locations across the globe (including 20 within India). Its portfolio consists of technology-driven products catering to growing industry segments, such as industrial packaging solutions, lifestyle products, material handling solutions, composite cylinders, infrastructure/ construction related products, and automotive components. It offers industrial packaging products, including polymer drums/barrels, jerry cans and pails for varied packaging requirements. It uses technologies of polymer processing, such as blow molding, injection molding and extrusion molding to produce a range of products.

Quick check

The five things to look at first. Open one for more.

Compared with its industry

Plastic Products - Industrial: 78 companies →

Time Technoplast against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.

  • Valuation (P/E)15.8 against a typical 21.4: cheaper than most peers (1st = cheapest).29th of 76
  • Sales growth+25.1% against a typical +14.5% from a year earlier.20th of 66
  • Profit growth+21.6% against a typical +15.3% from a year earlier.26th of 55
  • Share price, 3 months−24.6% against a typical −8.7%.53rd of 61
  • Size₹ 7,731 Cr. market value against a typical ₹ 104.4 Cr. (1st = largest).5th of 68

Credit ratings

Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates

High safety

Rated AA- by CRISIL
AA-
DefaultRiskyModerateSafeVery safe
  • No warnings from the agency.
AgencyCurrent ratingOutlookAs of
CRISILCrisil AA-Stable28 Jul 2026
Credit rating actions
RatingDetails
28 Jul 2026
Reaffirmed
Crisil AA-—CRISIL₹ 1,700 Cr.
27 Mar 2026
Rating action
Crisil AA-—CRISIL₹ 1,705 Cr.

Board meetings

Results dates and other board meetings. Full calendar

Details
29 Sep 2026Other business mattersApproval of the proposed Scheme including valuation report and fairness opinion for Merger of TPL Plastech Limited with Time Technoplast Limited
26 Aug 2026Other business mattersTo consider and approve and discuss the proposal for merger of TPL Plastech Limited (Transferor Company, listed with BSE Limited & NSE), a subsidiary in which Time Technoplast Limited (Transferee Company) holds a 74.86% stake, subject to obtaining all necessary statutory and regulatory approvals
5 Aug 2026Financial Results/Other business mattersTo consider and approve the financial results for the period ended Jun 30, 2026 and other business matters
27 May 2026Financial Results/DividendTo consider and approve the financial results for the period ended March 31, 2026 and dividend
12 Feb 2026Financial ResultsTo consider and approve the financial results for the period ended December 31, 2025
14 Nov 2025Financial ResultsTo consider and approve the financial results for the period ended September 30, 2025

Share price

1Y change −25.39%
Volume (shares)Price (₹)
Close price

Financials

Consolidated figures in ₹ crore.

Quarterly results
₹ Cr.Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales1,1941,3251,3941,2301,3711,3881,4691,3531,5111,5651,6771,693
Expenses1,0271,1341,2081,0561,1741,1871,2551,1581,2881,3311,4361,468
Operating Profit167191186174196201214195223234241224
OPM %14%14%13%14%14%14%15%14%15%15%14%13%
Other Income0211112211251
Interest252525242322222222191817
Depreciation464240414243444546464751
Profit before tax96126133110133137150129157171181158
Tax %25%26%29%27%25%25%25%25%25%25%26%25%
Net Profit7193948010010211297117129134118
EPS in Rs1.562.022.031.752.172.222.412.12.542.562.672.35

Growth and returns

Compounded yearly rates over each period.

Compounded Sales Growth
10 Years
10%
5 Years
15%
3 Years
12%
TTM
16%
Compounded Profit Growth
10 Years
13%
5 Years
35%
3 Years
29%
TTM
21%
Stock Price CAGR
10 Years
17%
5 Years
39%
3 Years
38%
TTM
—
Return on Equity
10 Years
11%
5 Years
12%
3 Years
13%
TTM
—

Shareholding

Latest: Jun 2026.

Promoters
47.57%
−4.05 pts in a year
FIIs
8.54%
+0.25 pts in a year
DIIs
17.56%
+4.64 pts in a year
Public
26.33%
−0.83 pts in a year

P/E and EPS over time

Daily P/E and trailing 12-month EPS. EPS updates with each result.

P/E 15.8xEPS (12 months) ₹ 10.13Median P/E 11.8x
P/E (times)EPS (₹)

Peers

Listed companies in the same business.

Peer comparison
Time Technoplast₹ 161.50₹ 7,731 Cr.15.8x2x13%—
Supreme Industries₹ 3,450.00₹ 43,824 Cr.45.6x7.1x16.1%8.5%
Astral₹ 1,353.00₹ 36,348 Cr.66.9x9.1x14%8.1%
PG Electroplast₹ 472.00₹ 13,535 Cr.90.6x5.8x6.7%3.7%
Garware Hi-Tech Films₹ 7,037.90₹ 16,351 Cr.149.7x6.1x13.5%16%
Tega Industries₹ 1,721.60₹ 12,919 Cr.79x3.6x5.9%8.4%

Management

Bharat Kumar Vageria
Chief Financial Officer, Managing Director, Executive Director
Manoj Kumar Mewara
Senior Vice President - Finance, Compliance Officer, Company Secretary
Naveen Kumar Jain
Whole Time Director
Sanjeev Sharma
Whole Time Director
Ragupathy Thyagarajan
Whole Time Director

Prices are delayed and for information only. Nothing on this page is investment advice.