Time Technoplast Ltd.
NSE: TIMETECHNO · Plastic Products - Industrial · sector
₹158.82NSE close 2026-10-26
Key numbers
Market cap₹7,839 cr
Price₹158.82
52w high / low₹225 / ₹154
P/E15.4xSector median 15.7x
P/B1.9xSector median 1.6x
Book value₹82.8
Dividend yield0.75%Sector median 0.53%
ROE14.0%Sector median 9.1%
ROCE15.7%Sector median 11.5%
OPM14.3%Sector median 10.0%
Debt / equity0.16xSector median 0.16x
EV/EBITDA8.6xSector median 10.0x
Interest cover9.9x
Current ratio3.51x
Sales growth 3y+12.5%Sector median +6.0%
Profit growth 3y+28.9%Sector median +18.9%
PEG0.56x
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 51 companies in Plastic Products - Industrial (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹580 cr vs borrowings ₹639 cr (FY26): borrowings are higher by ₹60 cr.
- Borrowings fell in each of the last 3 years (₹810 cr → ₹639 cr).
- Operating profit covered interest 9.9x in the last 12 months.
- No promoter shares are pledged.
- Promoter holding fell by 4.15 percentage points in a year, to 47.47% (2026-09-30).
- Operating cash flow was below net profit in 1 of the last 5 years (FY26).
- Revenue was higher than a year earlier in 4 of the last 4 quarters.
- Other income was 2% of net profit in the last 12 months.
- Dividend paid in 5 of the last 5 financial years.
- Price ₹158.82 on 2026-10-26: -29.4% from the 52-week high, +3.1% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Weekly close · high ₹493.85 · low ₹155.27
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,371 | 1,388 | 1,469 | 1,353 | 1,511 | 1,565 | 1,677 | 1,693 |
| EBITDA | 196 | 201 | 214 | 195 | 223 | 234 | 241 | 224 |
| OPM % | 14.3% | 14.5% | 14.5% | 14.4% | 14.7% | 14.9% | 14.4% | 13.3% |
| Other income | 1 | 2 | 2 | 1 | 1 | 2 | 5 | 1 |
| Net profit | 98 | 101 | 110 | 95 | 115 | 126 | 132 | 116 |
| EPS (₹) | 2.17 | 2.22 | 2.42 | 2.10 | 2.54 | 2.75 | 2.67 | 2.35 |
| Revenue YoY | +10.3% | +12.8% | +14.2% | +25.1% | ||||
| Profit YoY | +17.4% | +25.4% | +20.4% | +22.2% |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 3,650 | 4,289 | 4,992 | 5,457 | 6,105 | 6,445 |
| EBITDA | 506 | 577 | 691 | 785 | 892 | 922 |
| Net profit | 188 | 219 | 310 | 388 | 469 | 490 |
| EPS (₹) | 4.16 | 4.84 | 6.86 | 8.55 | 9.99 | 10.31 |
| Revenue growth | +17.5% | +16.4% | +9.3% | +11.9% | +15.5% | |
| Profit growth | +16.5% | +41.7% | +25.0% | +20.8% | +21.3% | |
| Dividend / share (₹) | 0.70 | 1.00 | 1.25 | 2.00 | 2.50 |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | +12.5% | +15.2% | +15.5% |
| Net profit | +28.9% | +35.3% | +21.3% |
| EPS | +27.3% | +34.3% | – |
| Share price | – | -14.4% (2y) | -25.7% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 2,269 | 2,553 | 2,892 | 4,088 |
| Borrowings | – | 810 | 745 | 647 | 639 |
| Cash & equivalents | – | 101 | 153 | 178 | 580 |
| Total assets | – | 3,829 | 4,114 | 4,399 | 5,639 |
| Fixed assets | – | 1,383 | 1,368 | 1,372 | 1,435 |
| Capital work in progress | – | 68 | 41 | 79 | 230 |
| Investments | – | 0 | 2 | 3 | 6 |
| Receivables | – | 943 | 1,082 | 1,162 | 1,452 |
| Inventory | – | 995 | 1,050 | 1,148 | 1,328 |
| Payables | – | 406 | 444 | 451 | 446 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | 291 | 370 | 406 | 431 | 233 |
| Cash from investing | -179 | -216 | -187 | -147 | -446 |
| Cash from financing | -104 | -154 | -197 | -249 | 624 |
| Capex | 187 | 225 | 181 | 196 | 453 |
| Free cash flow | 104 | 146 | 225 | 235 | -220 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | 9.7% | 12.2% | 13.4% | 11.5% |
| ROCE % | – | 13.3% | 16.1% | 17.5% | 15.2% |
| Debtor days | – | 80 | 79 | 78 | 87 |
| Inventory days | – | 117 | 107 | 108 | 111 |
| Payable days | – | 48 | 45 | 42 | 37 |
| Cash conversion cycle (days) | – | 149 | 141 | 144 | 161 |
| Working capital days | – | 105 | 104 | 118 | 162 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 47.47% |
| FIIs | 9.16% |
| DIIs | 17.85% |
| of which Mutual funds | 13.67% |
| Government | 0.00% |
| Public (non-institutions) | 25.52% |
| Quarter | Jun 2025 | Sep 2025 | Sep 2025 | Nov 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 51.62% | 51.62% | 51.62% | 47.46% | 47.51% | 47.56% | 47.56% | 47.47% |
| Promoter group | % |
|---|---|
| Time Securities Services Private Limited | 17.36% |
| Vishwalaxmi Trading And Finance Pvt Ltd | 14.13% |
| Time Exports Private Limited | 9.07% |
| Bharat Kumar Vageria | 1.85% |
| Naveen Mahendra Kumar Jain | 1.78% |
| Raghupathy Thyagarajan | 1.76% |
| Ritu Jain | 1.44% |
| Aruna Bharat Vageria | 0.04% |
| Vishal Anil Jain | 0.04% |
| Public holders above 1% | % |
|---|---|
| Hsbc Mutual Fund - Hsbc Small Cap Fund | 4.50% |
| Tata Mutual Fund - Tata Small Cap Fund | 3.48% |
| Hdfc Trustee Company Ltd. A/C Hdfc Balanced Advantage Fund | 3.10% |
| 3p India Equity Fund 1 | 1.98% |
| Axis Mutual Fund Trustee Limited A/C Axis Mutual Fund A/C Axis Small Cap Fund | 1.61% |
| Kotak Funds - India Midcap Fund | 1.47% |
| Ajay Upadhyaya | 1.03% |
1,36,929 shareholders. Pledged: 0.00% of promoter shares.
Peers in Plastic Products - Industrial
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| SUPREMEIND | ₹41,291 cr | 40.0x | 6.7x | 17.4% | 19.6% | 14.4% | +6.8% | 1.07% |
| ASTRAL | ₹36,288 cr | 63.0x | 8.9x | 15.0% | 20.0% | 16.0% | +8.4% | 0.28% |
| GRWRHITECH | ₹16,208 cr | 38.0x | 5.6x | 15.7% | 19.8% | 22.9% | +13.8% | 0.17% |
| KINGFA | ₹8,901 cr | 39.4x | 6.4x | 21.2% | 21.9% | 14.2% | +12.4% | 0.00% |
| FINPIPE | ₹8,775 cr | 14.2x | 1.4x | 10.0% | 12.1% | 17.5% | -2.2% | 2.53% |
| TIMETECHNO | ₹7,839 cr | 15.4x | 1.9x | 14.0% | 15.7% | 14.3% | +12.5% | 0.75% |
| PRINCEPIPE | ₹2,805 cr | 27.5x | 1.7x | 6.3% | 8.1% | 10.2% | -1.4% | 0.20% |
| JISLJALEQS | ₹1,701 cr | 56.5x | 0.3x | -0.9% | 4.5% | 11.2% | +3.6% | – |
| JAICORPLTD | ₹1,545 cr | 16.5x | 1.0x | 6.4% | 8.2% | 12.7% | -4.7% | 6.25% |
| APOLLOPIPE | ₹1,520 cr | – | 1.9x | -1.5% | -0.1% | 4.3% | +6.5% | 0.21% |
Business segments (FY26)
| Segment | Revenue | Share | EBIT | Margin |
|---|---|---|---|---|
| Polymer Products | ₹3,819 cr | 62.6% | ₹414 cr | 10.8% |
| Composite Products | ₹2,286 cr | 37.4% | ₹294 cr | 12.9% |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2026-09-15 | Dividend | Dividend - Rs 1.50 Per Share |
| 2025-09-23 | Bonus | Bonus 1:1 |
| 2025-09-04 | Dividend | Dividend - Rs 2.50 Per Share |
| 2024-09-20 | Dividend | Annual General Meeting/Dividend - Rs 2 Per Share |
| 2023-09-18 | Dividend | Annual General Meeting/Dividend - Rs 1.25 Per Share |
| 2022-09-20 | Dividend | Annual General Meeting/Dividend - Re 1 Per Share |
| 2021-09-21 | Dividend | Annual General Meeting/Dividend - Rs 0.70 Per Share |
| 2020-09-21 | Dividend | Annual General Meeting/Dividend - Rs 0.95 Per Share |
| 2019-09-19 | Dividend | Annual General Meeting/Dividend - Rs 0.90 Per Share |
| 2018-09-12 | Dividend | Dividend Re 0.80 Per Share |
| 2017-09-21 | Dividend | Annual General Meeting/Dividend - Rs 0.65 Per Share |
| 2016-09-21 | Dividend | Annual General Meeting/Dividend - Re 0.55 Per Share |
| 2015-09-16 | Dividend | Annual General Meeting/ Dividend - Re 0.50/- Per Share |
| 2014-09-23 | Dividend | Annual General Meeting And Dividend Re.0.45 Per Share |
| 2013-09-17 | Dividend | Annual General Meeting And Dividend Re.0.45 Per Share |
| 2012-09-20 | Dividend | Annual General Meeting/Dividend Re 0.45 Per Share |
| 2011-09-15 | Dividend | Annual General Meeting And Dividend Re.0.45 Per Share |
| 2010-09-16 | Dividend | Annual General Meeting And Final Dividend Re.0.40 Per Share |
| 2009-09-10 | Other | Agm/Div-Re.0.35 Per Share |
| 2008-10-29 | Split | Fv Split Rs.10/- To Re.1/Record Date Revised |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Annual report FY22
- Announcements NSE filings
- BRSR FY26
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
- Manufacturing of Composite & Polymer Products: Polymer Products: HM-HDPE plastic Drums/Jerry Cans and Pails, Polyethylene (PE) pipes, Turf & Mattings, Disposable Bins and MOX Films. Composite Products: Intermediate Bulk Containers (IBC), Composite Cylinders (LPG, Oxygen & CNG), Energy storage devices, Auto Products and Steel Drums.
| Sector | Industrials |
| Industry | Plastic Products - Industrial |
| Sub-industry | Plastic Products - Industrial |
| Symbol | TIMETECHNO |
| BSE code | 532856 |
| ISIN | INE508G01029 |
| Face value | ₹1.0 |
| Incorporated | 1989-12-20 |
| Website | www.timetechnoplast.com |
| Plants (India / abroad) | 24 / 0 |
From the company's filings (BRSR FY26).
Data built 2026-10-22 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.