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Time Technoplast

TIMETECHNO
Small Cap
(%) 1D
1D1W1M3M6M1YMAX

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Time Technoplast Share price and Fundamental Analysis

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Time Technoplast Ltd is an India-based company, which is engaged in manufacturing of polymer & Composite products. The company has operations in local as well as in foreign countries. The company offers a range of technology based polymer products catering to the growing sectors of the Indian economy with Industrial and Consumer Packaging Solutions, Lifestyle Products, Auto Components, Healthcare Products and Construction / Infrastructure related products. Their product portfolio consists of packaging products including Drums / Containers, Pails, PET sheets, Entrance Matting, Turfs, Garden Furniture, Automotive Components, Auto Disabling Medical Disposables and Warning Nets.
Company Incorporation1989
ChairmanSanjaya Kulkarni
Head QuartersMumbai
Previous NameNA

Key Metrics

Market Cap (Cr)
9,313.17
PE Ratio
24
Industry P/E
46.91
PEG Ratio
0.96
ROE
13.41%
ROCE
17.12%
ROA
8.97%
Total Debt (Cr)
623.61
Debt to Equity
0.25
Dividend Yield
0.61%
EPS
17.1
Book Value & P/B
83.59 x 4.91
Face Value
1
Outstanding Shares(Cr)
22.69
Current Ratio
4.98
EV to Sales
1.81

Included In

Ajay UpadhyayaSuperstars
S&P BSE Small-CapIndex

Stock Returns

1 Week+9.86%
1 Month+33.1%
6 Months-16.13%
1 Year+44.63%
3 Years+293.48%
5 Years+950.96%

CAGR

1 Year CAGR

Revenue Growth

+16.39%

Net Profit Growth

+41.17%

Operating Profit Growth

+21.36%

Dividend Growth

-84%

Stock Returns CAGR

+44.63%
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3.1
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Mar 25

Promoters : 51.62%

FIIs : 8.07%

DIIs : 12.99%

Public : 27.32%

Promoter
FII/FPI
DII
Public
Promoter Pledge stands at 0.0% of holding in March 2025 Qtr
Promoter Shareholding Increased by 0.06% to 51.62% in March 2025 Qtr
FII Shareholding Increased by 0.42% to 8.07% in March 2025 Qtr
DII Shareholding Decreased by 0.21% to 12.99% in March 2025 Qtr

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Dividend History

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Time Technoplast Competitors

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Time Technoplast Management and History

Company Management

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Company History

Time Technoplast Ltd is an India-based company, which is engaged in manufacturing of polymer & Composite products. The company has operations in local as well as in foreign countries. The company offers a range of technology based polymer products catering to the growing sectors of the Indian economy with Industrial and Consumer Packaging Solutions, Lifestyle Products, Auto Components, Healthcare Products and Construction / Infrastructure related products. Their product portfolio consists of packaging products including Drums / Containers, Pails, PET sheets, Entrance Matting, Turfs, Garden Furniture, Automotive Components, Auto Disabling Medical Disposables and Warning Nets.

The company is having their manufacturing facilities located at Baddi in Himachal Pradesh, Pantnagar in Uttarakhand, Sahibabad in Uttar Pradesh, Mahad in Maharashtra, Hosur in Tamil Nadu, Daman & Diu and Silvassa. They are also having their manufacturing facilities in Sharjah.

Time Technoplast Ltd was incorporated on December 20 1989 in the name Time Packaging Pvt Ltd and in the year 1992; the name was changed to Time Packaging Ltd. In the same year, the company started their operations as a small-scale industry with production facility at Tarapur in Maharashtra. In the year 1993, they made a technical collaboration with Mauser Group.

In the year 1984, the company built a new production facility at Daman (UT) and started manufacturing of large size polymer drums. In the year 1995, they established their presence in South India through their production facility at Hosur in Tamil Nadu. In the year 1996, they started a plant at Baddi in Himachal Pradesh. They launched lifestyle products, namely Synthetic Turf & Matting under the brand 'Meadowz' and 'DuroTurf' in the year 1998 and in the next year, they launched Garden Furniture under the brand 'Regal'.

In the year 1999, the company expanded their plant at Daman by adding production facility for packaging product. In the year 2000, they added new facility at Sahibabad for Garden furniture. In the year 2001, they set up an additional plant for PET sheets at Daman and also started production of plastic pails, namely conipails. In the year 2004, the company established a joint venture company with Mauser for manufacture of Intermediate Bulk Containers. In the year 2005, the company set up a 100% subsidiary, namely lan Incorporated FZE in Sharjah (UAE).

In the year 2006, the company started additional manufacturing facility for production of large size plastic drums at Mahad. They launched Genex medical devices and lifestyle products, namely Durosoft during the year. They also set up a 100% subsidiary, namely Novo Tech Spzo.o. at Poland for manufacturing Auto Components and Lifestyle Products at Kostryzn Slubice Special Economic Zone.

In the same year, the company entered into a MoU with Time Securities Services Pvt Ltd for acquisition of 49% stake in MHA, a joint venture with Mauser Group at Singapore. Also, they acquired 75% stake in TPL Plastech Ltd (formerly known as Tainwala Polycontainers Ltd). During the year, the group companies, namely Shalimar Packaging Pvt Ltd and Oxford Moulding Pvt Ltd merged with the company.

During the year 2007-08, the company acquired 71.48% equity stake in NED Energy Ltd, a closely held company engaged in manufacture of high technology Valve Regulated Lead Acid (VRLA) batteries based at Hyderabad. Also, NED Energy Ltd acquired Gulf Powerbeat WLL (GPW), Kingdom of Bahrain, which has state-of-the art production facility at South Alba Industrial Area, Manama, Bahrain for manufacture of high quality long life batteries.

In 2009, the company signed a MOU to acquire a Composite Cylinder Manufacturing Company in Czech Republic. In 2009, the Company entered into Joint Venture with M/s. Schoeller Arca Systems BV, (SAS) Netherlands to introduce a wide range of plastic Returnable Packaging (RTP) and material handling solutions. The joint venture will launch a broad range of small and large foldable containers, pallets, crates, etc. This will provide end to end material handling systems to sectors like retail, automotive, agriculture, beverages, processed food, apparels, Pharma, FMCG, consumer durables and logistics and help them reduce handling and transport costs. These products will provide long-term operational benefits, maximum efficiency and protection, optimum space utilization, create better logistics and supply chain.

In 2010, the company announced launch of High Tech Composite Cylinders. The company signed a share purchase agreement to acquire Solutia Plastic business during the year under review. In 2012, the company receives ESMA approval for composite LPG cylinders. In 2013, the company was accorded the 'Best Innovative Technology supplier award by TATA Motors'. The company also launched composite cylinder during the year under review. In 2015, the company won most innovative plastic product design award litesafe composite Cylinders.

During FY2018, the company successfully launched Double Walled Corrugated Pipes (DWC Pipes) with a capacity of 9,000 metric tonnes with a range of 100 mm to 1200 mm. It launched new generation multilayer pipes for power/communication cable ducts with silicone in lining. It also developed associated components to offer as a complete package. These technology driven innovative products conform to international standards and are used for high performance applications. Such pipes/ ducts are being introduced for the first time in the country and have substantial business potential.

The Brownfield expansion in Malaysia, Sharjah & Vietnam has been completed and now all the nine overseas locations have IBC manufacturing facilities. The total capacity of IBCs globally has gone up to 960,000 units in nine countries including India.

In Composite Cylinders, the company expended its capacity from 700,000 units to 1,400,000 units to further improve manufacturing efficiency and optimize production capacity. Besides, HPCL made a soft launch of Litesafe cylinders in Mumbai, Pune and Ahmedabad.

In FY 2018, the MOX film (Multi layer Multi axis Oriented Cross Laminated Film) launched last year under the brand 'Techpaulin' has taken off and has been received well in the market. The company enhanced its MOX film capacity from 6,000 Mt to 12,000 Mt. to further improve manufacturing efficiency and optimize production capacity

The capital expenditure incurred for the FY 2018 was Rs 2416 million, where regular and maintenance capital expenditure was Rs 1189 million and capex for value added products was Rs 1227 million.

The company's subsidiary TPL Plastech Ltd. has set up a green-field manufacturing facility for industrial Packaging products at Vizag (A.P.). In addition, it increased polymer-processing capacity by 24,000 Mt at various existing locations in FY 2018.

The capital expenditure incurred for the FY 2019 was Rs 2297 million, where established products for capacity expansion, re-engineering and automation was Rs 1,713 million and capex for value added products was Rs 584 million.

During FY19, the Company completed Greenfield expansion of manufacturing of Intermediate Bulk containers (IBC) in Chicago and Silvassa. In addition to the above, the company has increased its polymer processing capacity by 40,000 Mt at various existing locations.

During FY19, in the pipes front the company now launched a new generation multilayer pipes for power/communication cable ducts with silicone in lining and started supplying it. These technology driven innovative products conform to international standards and are used for high performance applications. Such pipes/ ducts are being introduced for the first time in the country and have substantial business potential especially in Smart Cities. The company has added DURO Gel, Duro Comfort, Duro Carpet and Duro Mat under Mats and Turf segments of the company.

Time Technoplast Share Price

Time Technoplast share price reflects investor sentiment toward the company and is impacted by various factors such as financial performance, market trends, and economic conditions. Share price is an indicator which shows the current value of the company's shares at which buyers or sellers can transact.

Time Technoplast Market Cap

Market capitalization of Time Technoplast indicates the total value of its outstanding shares. Marketcap is calculated by multiplying share price and outstanding shares of the company. It is a helpful metric for assessing the company's size and market Valuation. It also helps investors understand how Time Technoplast is valued compared to its competitors.

Time Technoplast PE Ratio

Time Technoplast PE ratio helps investors understand what is the market value of each stock compared to Time Technoplast 's earnings. A PE ratio higher than the average industry PE could indicate an overvaluation of the stock, whereas a lower PE compared to the average industry PE could indicate an undervaluation.

Time Technoplast PEG Ratio

The PEG ratio of Time Technoplast evaluates its PE ratio in relation to its growth rate. A PEG ratio of 1 indicates a fair value, a PEG ratio of less than 1 indicates undervaluation, and a PEG ratio of more than 1 indicates overvaluation.

Time Technoplast ROE (Return on Equity)

Return on Equity (ROE) measures how effectively Time Technoplast generates profit from shareholders' equity. A higher ROE of more than 20% indicates better financial performance in terms of profitability.

Time Technoplast ROCE (Return on Capital Employed)

Return on Capital Employed (ROCE) evaluates the profitability of Time Technoplast in relation to its capital employed. In simple terms, ROCE provides insight to investors as to how well the company is utilizing the capital deployed. A high ROCE of more than 20% shows that the business is making profitable use of its capital.

Time Technoplast Total Debt

Total debt of Time Technoplast shows how much the company owes to either banks or individual creditors. In simple terms, this is the amount the company has to repay. Total debt can be a very useful metric to show the financial health of the company. Total debt more than equity is considered to be a bad sign.

Time Technoplast Debt to Equity Ratio

The Debt-to-Equity (DE) ratio of Time Technoplast compares its total debt to shareholders' equity. A higher Debt to Equity ratio could indicate higher financial risk, while a lower ratio suggests that the company is managing its debt efficiently.

Time Technoplast CAGR (Compound Annual Growth Rate)

CAGR shows the consistent growth rate of Time Technoplast over a specific period, whether it is over a month, a year, or 10 years. It is a key metric to evaluate the company’s long-term growth potential. Main metrics for which CAGR is calculated are net sales, net profit, operating profit, and stock returns.

Time Technoplast Technical Analysis

Technical analysis of Time Technoplast helps investors get an insight into when they can enter or exit the stock. Key components of Time Technoplast Technical Analysis include:

Support Levels (S1, S2, S3)

There are usually multiple support levels, but the main support levels for a stock are S1, S2, S3. Support levels indicate price points where stock might get support from buyers, helping the stock stop falling and rise.

Resistance Levels (R1, R2, R3)

There are usually multiple resistance levels, but the main resistance levels for a stock are R1, R2, R3. Resistance levels represent price points where Time Technoplast shares often struggle to rise above due to selling pressure.

Time Technoplast Dividends

Dividends refer to the portion of the company’s profits distributed to its shareholders. Dividends are typically paid out in cash and reflect Time Technoplast ’s financial health and profitability.

Time Technoplast Bonus Shares

Bonus shares are usually given by companies to make the stock more affordable, increase liquidity, boost investor confidence, and more.

Time Technoplast Stock Split

Stock split increases the number of its outstanding shares by dividing each existing share into multiple shares. When the company offers a stock split, the face value of the stock reduces in the same proportion as the split ratio.

Time Technoplast Financials

The financials of Time Technoplast provide a complete view to investors about its net sales, net profit, operating profits, expenses, and overall financial health. Investors can analyze financial data to assess the company’s stability and also understand how the company has been growing financially.

Time Technoplast Profit and Loss Statements

The profit and loss statement of Time Technoplast highlights its net sales, net profit, total expenditure, and operating profits in the current financial year. This Profit and Loss statement is crucial for evaluating the profitability and financial stability of Time Technoplast .

Time Technoplast Balance Sheet

The balance sheet presents a snapshot of Time Technoplast ’s assets, liabilities, and equity of shareholders, providing insights into the financials of the company.

Time Technoplast Cashflow Statements

Cashflow statements track the company's cash inflows and outflows over a period. It is an essential tool for understanding how well the company manages its liquidity and finances.

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