Time Technoplast Limited
Time Technoplast Limited manufactures and sells polymer products in India. It operates in two segments, Polymer and Composite. The company offers industrial packaging products under TECHPACK brand, including drums; containers; pails; PET sheets; jerry cans used in chemicals, FMCG, and other industries; infrastructure solutions, such as high-density polyethylene (HDPE) pipes under Max'M brand used in water supply, drainage and sewage, power dust, etc.; and valve-regulated lead-acid (VRLA) batteries under MaxLife brand supplied to railways and solar industries; as well as DWC pipes and energy storage devices. It also provides technical and lifestyle products, including turf solutions under Duro Wipe, Duro Soft, Duro Turf, and Duro Comfort brands; matting solutions under Meadowz brand; and disposal bins under Dumpo Bins brand; as well as moulded furniture that includes sofas, five position reclining chairs, monoblocs, executive and baby chairs, chairs with writing desk, tables, trolleys, and stools under Regal brand name for use in homes, hotels, restaurants, hospitals, clubs, airlines, auditoriums, and tent houses. In addition, the company offers auto components, such as deaeration/radiator tanks under Tech DAT brand; spray suppression systems under 3S Rainflaps brand; fuel tanks under TechTank brand name; and air ducts. Further, the company provides value-added products, including composite cylinders, comprising LiteSafe LPG cylinders, NEX-G CNG cascades, and cylinders for hydrogen and oxygen; MOX which include cross laminated films, bags, and raincoats under Techpaulin brand; and intermediate bulk containers under GNX brand; as well as provides hi-tech products, such as DEF (urea), composite air, and hydraulic oil tanks. Additionally, it offers material handling products comprising crates and pallets; and kavach face shields. Time Technoplast Limited was incorporated in 1989 and is headquartered in Mumbai, India.
Valuation
Profitability
Returns
Solvency
AI Summary
Indian StockStrengths1
- Maintains healthy dividend payout of 28.0%
Concerns1
- Low return on equity of 9.0%
Rule-based from financial data. Not advice.
Monthly Returns
Year-to-Date ROI
Historical Volatility
Historical Performance
Revenue, profitability, and cash flow trends (βΉ Crores)
Revenue (10Y)
Operating Income (10Y)
Net Profit (10Y)
Operating Margin % (10Y)
Dividend Payout % (10Y)
Free Cash Flow (10Y)
Growth Summary
Latest fiscal year: Mar 2025
Historical Growth
Year-by-year revenue, profitability, and cash flow (βΉ Crores, last 10 years)
| Year | Revenue | Op. Income | Net Profit | CFO | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|---|
| Mar 2025 | βΉ2.66 K Cr | β | βΉ174.00 Cr | β | β | 9.2% | 1.1% | 8.7% |
| Mar 2024 | βΉ2.63 K Cr | β | βΉ160.00 Cr | β | β | 9.0% | 17.4% | 44.1% |
| Mar 2023 | βΉ2.24 K Cr | β | βΉ111.00 Cr | β | β | 6.8% | 10.4% | 12.1% |
| Mar 2022 | βΉ2.03 K Cr | β | βΉ99.00 Cr | β | β | 6.4% | 17.7% | 94.1% |
| Mar 2021 | βΉ1.73 K Cr | β | βΉ51.00 Cr | β | β | 3.5% | -19.4% | -48.0% |
| Mar 2020 | βΉ2.14 K Cr | β | βΉ98.00 Cr | β | β | 6.8% | 1.1% | -22.2% |
| Mar 2019 | βΉ2.12 K Cr | β | βΉ126.00 Cr | β | β | 9.3% | 17.1% | 11.5% |
| Mar 2018 | βΉ1.81 K Cr | β | βΉ113.00 Cr | β | β | 9.0% | 13.3% | 18.9% |
| Mar 2017 | βΉ1.60 K Cr | β | βΉ95.00 Cr | β | β | 8.2% | 18.9% | -4.0% |
| Mar 2016 | βΉ1.34 K Cr | β | βΉ99.00 Cr | β | β | 10.7% | 1.8% | 41.4% |
Financial Statements
Income statement, balance sheet, and cash flow (βΉ Crores, as reported)
Consolidated Figures in USD Millions.
| Unnamed: 0 | TTM |
|---|---|
| Revenue / Net Sales | 2,704 |
| Total Expenses | 2,305 |
| EBIT / Operating Profit | 400 |
| OPM % | 15% |
| Other Income | 13 |
| Finance Costs | 55 |
| Depreciation & Amortisation | 105 |
| Profit Before Tax | 254 |
| Tax % | - |
| Net Profit / PAT | 191 |
| EPS (βΉ) | 4.21 |
| Dividend Payout % | - |
Peer Comparison
Industrials sector peers, ranked by market cap
| Company | Market Cap | Revenue | P/E | P/B | EV/EBITDA | Rev G 1Y |
|---|---|---|---|---|---|---|
| Time Technoplast Limitedthis co. | βΉ8.90 K Cr | βΉ2.66 K Cr | 46.60 | 4.21 | 24.34 | 1.1% |
| Larsen & Toubro Limited | βΉ5.35 L Cr | βΉ1.43 L Cr | 52.20 | 7.87 | 34.29 | 12.9% |
| Adani Ports and Special Economic Zone Ltd | βΉ3.29 L Cr | βΉ7.91 K Cr | 159.00 | 10.36 | 62.82 | 16.2% |
| Solar Industries India Limited | βΉ1.15 L Cr | βΉ4.46 K Cr | 121.00 | 32.81 | 128.61 | 19.9% |
| Polycab India Limited | βΉ1.14 L Cr | βΉ21.91 K Cr | 46.90 | 10.84 | 42.32 | 21.4% |
| Cummins India Ltd. | βΉ1.10 L Cr | βΉ10.34 K Cr | 49.50 | 15.01 | 47.01 | 15.4% |
| Ashok Leyland Ltd. | βΉ1.09 L Cr | βΉ38.75 K Cr | 32.00 | 9.49 | 22.91 | 1.0% |
| Industry Average | β | βΉ5.40 K Cr | 57.83 | 7.16 | 40.88 | 45.0% |