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Time Technoplast Overview

Time Technoplast Ltd is engaged in production plastics merchandise. The Company's segments consist of Polymer Products and Composite Products. It offers business packaging products, infrastructure products, technical products, material managing products and composite cylinders. The Company's rigid industrial packaging merchandise include high molecular high density polyethylene (HM-HDPE) drums, jerry-cans, pails and intermediate bulk packing containers (IBCs). It supplies a cross-section of industries, consisting of chemical substances, paints ...Read More

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Time Technoplast Key Financials

Market Cap ₹9429 Cr.

Stock P/E 23.9

P/B 2.4

Current Price ₹191

Book Value ₹ 80.5

Face Value 1

52W High ₹249

Dividend Yield 0.65%

52W Low ₹ 153.4

Time Technoplast Share Price

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Volume
Price

Time Technoplast Quarterly Price

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Time Technoplast Peer Comparison

Time Technoplast Quarterly Results

#(Fig in Cr.) Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025
Net Sales 1194 1325 1394 1230 1371 1388 1469 1353 1511 1565
Other Income 0 2 11 1 1 2 2 1 1 2
Total Income 1194 1327 1405 1231 1371 1389 1471 1354 1512 1567
Total Expenditure 1027 1134 1208 1056 1174 1187 1255 1158 1288 1331
Operating Profit 167 192 197 175 197 202 216 196 224 236
Interest 25 25 25 24 23 22 22 22 22 19
Depreciation 46 42 40 41 42 43 44 45 46 46
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 96 126 133 110 133 137 150 129 157 171
Provision for Tax 24 33 39 30 33 34 38 33 39 42
Profit After Tax 71 93 94 80 100 102 112 97 117 129
Adjustments -1 -2 -2 -1 -1 -2 -2 -1 -2 -2
Profit After Adjustments 70 92 92 79 98 101 110 95 115 126
Adjusted Earnings Per Share 1.6 2 2 1.7 2.2 2.2 2.4 2.1 2.5 2.6

Time Technoplast Profit & Loss

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 2476 2423 2755 3103 3564 3578 3005 3650 4289 4993 5457 5898
Other Income 4 2 2 2 3 2 4 3 4 14 5 6
Total Income 2480 2425 2757 3105 3567 3580 3009 3653 4293 5007 5462 5904
Total Expenditure 2138 2075 2350 2630 3040 3079 2618 3144 3712 4302 4672 5032
Operating Profit 342 350 406 475 527 501 391 509 581 705 790 872
Interest 104 96 90 88 99 108 98 92 105 101 92 85
Depreciation 87 99 115 137 146 156 151 157 171 173 170 181
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 150 155 201 250 282 237 142 259 305 431 529 607
Provision for Tax 37 33 49 65 73 62 36 67 81 115 135 152
Profit After Tax 113 122 151 185 209 175 106 192 224 316 394 455
Adjustments -4 16 -4 -5 -6 -6 -2 -4 -5 -5 -7 -7
Profit After Adjustments 110 138 147 180 203 169 103 188 219 310 388 446
Adjusted Earnings Per Share 2.6 3.3 3.3 4 4.5 3.7 2.3 4.2 4.8 6.8 8.5 9.6

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 9% 14% 9% 8%
Operating Profit CAGR 12% 16% 10% 9%
PAT CAGR 25% 27% 18% 13%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR 1% 66% 39% 23%
ROE Average 15% 13% 11% 11%
ROCE Average 18% 16% 14% 14%

Time Technoplast Balance Sheet

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 1037 1168 1326 1483 1669 1815 1903 2073 2269 2553 2892
Minority's Interest 75 76 38 40 46 52 48 53 58 64 70
Borrowings 265 196 258 330 318 331 262 253 246 165 147
Other Non-Current Liabilities 32 39 47 58 73 137 136 171 182 187 208
Total Current Liabilities 925 941 901 980 1093 1028 956 1055 1074 1146 1082
Total Liabilities 2334 2420 2571 2892 3200 3364 3304 3604 3829 4114 4399
Fixed Assets 1154 1147 1100 1200 1279 1349 1281 1314 1383 1368 1373
Other Non-Current Assets 58 86 104 116 126 110 69 106 102 81 126
Total Current Assets 1119 1185 1367 1576 1795 1905 1894 2131 2304 2574 2848
Total Assets 2334 2420 2571 2892 3200 3364 3304 3604 3829 4114 4399

Time Technoplast Cash Flow

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 70 69 70 66 74 67 60 61 68 69 91
Cash Flow from Operating Activities 269 289 188 303 281 301 257 291 370 406 431
Cash Flow from Investing Activities -98 -120 -212 -244 -231 -138 -105 -179 -216 -187 -147
Cash Flow from Financing Activities -172 -167 19 -51 -58 -148 -151 -104 -154 -197 -249
Net Cash Inflow / Outflow -0 1 -5 8 -7 16 1 8 1 22 35
Closing Cash & Cash Equivalent 69 70 66 74 67 82 61 68 69 91 126

Time Technoplast Ratios

# Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 2.61 3.29 3.25 3.99 4.48 3.74 2.29 4.16 4.84 6.84 8.55
CEPS(Rs) 4.77 5.26 5.9 7.13 7.84 7.32 5.68 7.73 8.73 10.76 12.43
DPS(Rs) 0.25 0.28 0.33 0.4 0.45 0.48 0.35 0.5 0.63 1 1.25
Book NAV/Share(Rs) 24.34 27.5 29.13 32.62 36.67 39.88 41.86 45.65 50.05 56.18 63.72
Core EBITDA Margin(%) 12.69 13.28 13.56 13.59 13.08 13.94 12.88 13.86 13.45 13.84 14.38
EBIT Margin(%) 9.55 9.59 9.76 9.71 9.51 9.64 7.99 9.63 9.56 10.66 11.37
Pre Tax Margin(%) 5.64 5.92 6.74 7.19 7.05 6.62 4.73 7.11 7.11 8.63 9.69
PAT Margin (%) 4.24 4.67 5.08 5.32 5.21 4.89 3.52 5.27 5.22 6.33 7.23
Cash Profit Margin (%) 7.52 8.45 8.95 9.26 8.86 9.26 8.55 9.58 9.2 9.78 10.34
ROA(%) 4.94 5.15 6.07 6.78 6.85 5.33 3.17 5.56 6.02 7.95 9.27
ROE(%) 11.69 11.23 12.25 13.27 13.31 10.11 5.73 9.71 10.34 13.13 14.5
ROCE(%) 14.15 13.47 14.76 15.75 16.01 13.41 8.97 12.54 13.73 16.71 18.16
Receivable days 61.15 66.66 65.49 65.45 66.34 81.86 98.33 83.26 77 74.03 75.06
Inventory Days 61.68 67.11 63.1 62.29 62.86 76.25 92.16 83.38 80.96 74.77 73.53
Payable days 64.15 68.61 63.53 66.35 66.28 66.93 66.65 50.23 46.54 43.11 42.03
PER(x) 9.33 7.26 19.03 20.01 11.47 3.34 13.2 7.69 7.96 18.23 24.43
Price/Book(x) 1 0.87 2.12 2.45 1.4 0.31 0.72 0.7 0.77 2.22 3.28
Dividend Yield(%) 1.03 1.15 0.53 0.5 0.88 3.81 1.16 1.56 1.62 0.8 0.6
EV/Net Sales(x) 0.71 0.69 1.25 1.39 0.87 0.37 0.69 0.6 0.57 1.25 1.82
EV/Core EBITDA(x) 5.14 4.8 8.5 9.07 5.88 2.62 5.34 4.28 4.22 8.87 12.59
Net Sales Growth(%) 13.26 -2.16 13.7 12.64 14.86 0.4 -16.02 21.46 17.52 16.39 9.3
EBIT Growth(%) 12.01 -1.39 15.86 16.16 12.61 -9.36 -30.43 46.42 16.68 29.86 16.56
PAT Growth(%) 14.49 8.13 23.78 22.34 12.54 -16.07 -39.53 81.61 16.42 41.17 24.87
EPS Growth(%) 14.86 26.02 -1.06 22.62 12.4 -16.58 -38.84 81.78 16.5 41.24 24.97
Debt/Equity(x) 0.79 0.65 0.55 0.53 0.51 0.46 0.43 0.4 0.36 0.29 0.22
Current Ratio(x) 1.21 1.26 1.52 1.61 1.64 1.85 1.98 2.02 2.15 2.25 2.63
Quick Ratio(x) 0.69 0.75 0.91 0.95 0.97 1.12 1.19 1.16 1.22 1.33 1.57
Interest Cover(x) 2.44 2.61 3.23 3.86 3.86 3.19 2.46 3.82 3.9 5.25 6.78
Total Debt/Mcap(x) 0.79 0.74 0.26 0.22 0.36 1.47 0.59 0.57 0.46 0.13 0.07

Time Technoplast Shareholding Pattern

# Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
Promoter 51.51 51.56 51.56 51.56 51.56 51.62 51.62 51.62 47.51 47.56
FII 5.7 6.18 6.79 6.69 7.64 8.07 8.29 8.42 11.66 10.88
DII 10.43 10.93 10.97 12.87 13.2 12.99 12.92 13.19 16.7 17.36
Public 32.37 31.33 30.68 28.88 27.6 27.32 27.17 26.78 24.13 24.19
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Time Technoplast News

Time Technoplast Pros & Cons

Pros

  • Debtor days have improved from 43.11 to 42.03days.
  • Company has reduced debt.
  • Company is almost debt free.

Cons

  • Promoter holding is low: 47.56%.
  • Company has a low return on equity of 13% over the last 3 years.
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