Time Technoplast Limited
₹158.70-₹4.00 (-2.5%)
Last close · Data as of Oct 30, 2026
- Market cap
- ₹8,899 Cr
- P/E
- 46.6x
- EV / EBITDA
- 24.3x
- Revenue
- ₹2,663 Cr
- Net margin
- 6.1%
- ROCE
- 14.7%
Price chart
Technical chartScreen technicals →-23.7% over the last year
Daily closes.
Go deeper
Technical chart: candles, 9 moving averages, RSI, MACD and drawing tools
Performance
Price change over each period, before dividends.
- 1M
- -12.9%
- 3M
- -23.9%
- 6M
- -17.9%
- 1Y
- -23.7%
- 5Y
- +340.5%
52-week range
Day change -₹4.00 (-2.5%) from ₹163 to ₹159 · Last close Oct 30, 2026
Best weekday to invest, historically
The same weekly amount in TIMETECHNO, bought on each weekday since 2021.
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.
About the company
Time Technoplast Limited manufactures and sells polymer products in India. It operates in two segments, Polymer and Composite.
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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.
- Sector
- Industrials
- Shares outstanding
- 49.4 Cr shares
- ISIN
- INE508G01029
- BSE code
- 532856
Key statistics
Screen fundamentals →Valuation, profitability, growth and solvency at the latest close; hover a label for its meaning.
Valuation
- Market cap
- ₹8,899 Cr
- P/E
- 46.6x
- P/B
- 4.2x
- EV / EBITDA
- 24.3x
- EV / Sales
- 3.5x
- P/S
- 3.4x
- Earnings yield
- 2.1%
- 52-week high
- ₹224.40
- 52-week low
- ₹155.30
Profitability
- Operating margin
- 13.9%
- Net margin
- 6.1%
- EBITDA margin
- 14.5%
- ROE
- 9.0%
- ROCE
- 14.7%
- ROA
- 5.4%
- Dividend payout
- 28.0%
- Tax rate
- 26.0%
- Other income, % of PBT
- 6.5%
Growth
- RevenueLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹2,663 Cr
- Revenue growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 1.1%
- Revenue CAGR, 5YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 4.2%
- EBITDALatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹381 Cr
- EBITDA growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 22.5%
- Net profit growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 8.7%
- Net profit CAGR, 5YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 10.3%
- Cash from operationsLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹242 Cr
- CFO growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 6.6%
- Free cash flowLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹3.00 Cr
- Asset growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 4.2%
Solvency and efficiency
- Current ratio
- 3.94
- Debt / Equity
- 0.41
- Debt / Assets
- 0.24
- Debt / EBITDA
- 1.90
- Interest coverage
- 6.33
- Financial leverage
- 1.68
- CFO / Net profit
- 1.51
- Cash / Market cap
- 19.6%
- Cash per share
- ₹35.26
- Asset turnover
- 0.89
- Fixed asset turnover
- 2.56
- Capital intensity
- 0.39
- Debtor days
- 98 days
- Inventory turnover
- 3.41
- Cash conversion cycle
- 148 days
Where the revenue went
Of every ₹100 of FY2025 revenue, ₹7 was left as net profit.
| From | To | Amount |
|---|---|---|
| Sales | Expenses | ₹2,275 Cr |
| Sales | Operating profit | ₹388 Cr |
| Operating profit | Interest | ₹56 Cr |
| Operating profit | Depreciation | ₹106 Cr |
| Operating profit | Profit before tax | ₹226 Cr |
| Other income | Profit before tax | ₹8 Cr |
| Profit before tax | Tax and other | ₹60 Cr |
| Profit before tax | Net profit | ₹174 Cr |
Revenue and net profit
Revenue grew 1.1% in FY2025; net profit is the dashed line.
| Date | Revenue | Net profit |
|---|---|---|
| FY2021 | ₹1,725 Cr | ₹51 Cr |
| FY2022 | ₹2,031 Cr | ₹99 Cr |
| FY2023 | ₹2,242 Cr | ₹111 Cr |
| FY2024 | ₹2,633 Cr | ₹160 Cr |
| FY2025 | ₹2,663 Cr | ₹174 Cr |
Cash flows
FY2025: ₹275 Cr from operations, ₹209 Cr free after investment (dashed).
| Date | Operating cash flow | Free cash flow |
|---|---|---|
| FY2021 | ₹160 Cr | ₹93 Cr |
| FY2022 | ₹171 Cr | ₹39 Cr |
| FY2023 | ₹227 Cr | ₹61 Cr |
| FY2024 | ₹242 Cr | ₹130 Cr |
| FY2025 | ₹275 Cr | ₹209 Cr |
Growth
Latest fiscal year FY2025 (ending March): each figure with its change over the year before.
- Revenue
- ₹2,663 Cr+1.1%1Y
- Net profit
- ₹174 Cr+8.7%1Y
- Cash from operations
- ₹275 Cr
- Free cash flow
- ₹209 Cr+60.8%1Y
- Revenue CAGR, 5Y
- 4.2%
- EBITDA CAGR, 5Y
- 5.3%
- Net profit CAGR, 5Y
- 10.3%
| Year | Revenue | Operating income | EBITDA | Net profit | CFO | FCF | ROE | Revenue growth 1Y | Net profit growth 1Y |
|---|---|---|---|---|---|---|---|---|---|
| FY2025 | ₹2,663 Cr | ₹388 Cr | — | ₹174 Cr | ₹275 Cr | ₹209 Cr | 9.2% | +1.1% | +8.7% |
Monthly returns
Month-by-month returns of TIMETECHNO across the years, with the seasonal pattern.
Balance sheet
What the company owns and owes at the end of FY2025.
| Line | FY2025 |
|---|---|
| Liabilities and equity | ₹3,030 Cr |
| Equity capital | ₹23 Cr |
| Reserves | ₹1,874 Cr |
| Borrowings | ₹624 Cr |
| Other liabilities | ₹510 Cr |
| Assets | ₹3,030 Cr |
| Fixed assets | ₹1,022 Cr |
| Capital work in progress | ₹54 Cr |
| Investments | ₹168 Cr |
| Other assets | ₹1,787 Cr |
Market cap against peers
8 peers: same sector group, nearest by size.
P/E against peers
TIMETECHNO trades at 46.6x earnings against a peer median of 38.3x (a 22% premium).
Peer comparison
Same-sector peers by market cap, with the median.
| Company | Market cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|
| Time Technoplast LimitedTIMETECHNOthis companyP/E ↑ premium | ₹8,899 Cr | 46.6x | 4.2x | 9.0% | 24.3x |
| G R Infraprojects LimitedGRINFRA | ₹9,104 Cr | 10.6x | 1.1x | 27.5% | 3.2x |
| Vesuvius India Ltd.VESUVIUS | ₹9,019 Cr | 37.0x | 5.9x | — | — |
| Elecon Engineering Co.Ltd.ELECON | ₹8,982 Cr | 24.1x | 4.7x | 22.5% | 19.5x |
| ramkrishna forgings Ltd.RKFORGE | ₹8,975 Cr | 36.6x | 2.9x | 10.5% | 12.4x |
| Apollo Micro Systems LimitedAPOLLO | ₹8,888 Cr | 104.0x | 7.7x | 6.2% | 103.9x |
| Shakti Pumps (India) Ltd.SHAKTIPUMP | ₹8,888 Cr | 22.6x | 5.9x | 17.3% | 45.0x |
| Gujarat Pipavav Port LimitedGPPL | ₹8,872 Cr | 20.6x | 4.1x | — | — |
| Esab India Ltd.ESABINDIA | ₹8,659 Cr | 47.1x | 20.8x | — | — |
| Peer median | — | 38.3x | 5.2x | 15.2% | 25.8x |
Year-to-date ROI
TIMETECHNO since 1 January, against earlier years.
Historical volatility
TIMETECHNO's day-to-day swings over 30, 60 and 180 days.
Financial statements
Income statement, balance sheet and cash flow as reported, in ₹ crore, grouped into plain-language lines.
Figures in ₹ crore as reported, fiscal years ending March, newest first; the trailing twelve months (TTM) last.
Operating margin by fiscal year
| Date | Operating margin |
|---|---|
| FY2021 | 13.0% |
| FY2022 | 14.0% |
| FY2023 | 14.0% |
| FY2024 | 14.0% |
| FY2025 | 15.0% |
| Line | FY2025 |
|---|---|
| RevenueSales | ₹2,663 Cr |
| Costs | |
| Interest | ₹56 Cr |
| Expenses | ₹2,275 Cr |
| Operating profitOperating Profit | ₹388 Cr |
| Other income and charges | |
| Profit before tax | ₹234 Cr |
| Tax | |
| Net profitNet Profit | ₹174 Cr |
| Per share |
| Line | FY2025 |
|---|---|
| Liabilities and equityTotal Liabilities | ₹3,030 Cr |
| Equity capitalEquity Capital | ₹23 Cr |
| Reserves | ₹1,874 Cr |
| Borrowings | ₹624 Cr |
| Other liabilitiesOther Liabilities | ₹510 Cr |
| AssetsTotal Assets | ₹3,030 Cr |
| Fixed assetsFixed Assets | ₹1,022 Cr |
| Capital work in progressCWIP | ₹54 Cr |
| Investments | ₹168 Cr |
| Other assetsOther Assets | ₹1,787 Cr |
| Line | FY2025 |
|---|---|
| Operating cash flowCash from Operating Activity | ₹275 Cr |
| Investing cash flowCash from Investing Activity | -₹66 Cr |
| Financing cash flowCash from Financing Activity | -₹207 Cr |
| Change in cashNet Cash Flow | ₹3 Cr |
Learn while you research
Academy chapters picked for Time Technoplast Limited and the metrics on this page.
- 01 Taxes on Investments (India)LTCG, STCG, dividend tax, what every Indian investor needs.6 min read
- 02 Stock Valuation BasicsHow to think about what a fair price for a stock looks like.7 min read
- 03 Valuation Multiples ExplainedThis stock trades at a P/E of 46.6, learn when high multiples are justified.6 min read
- 04 Stock Market RisksSmall caps carry concentrated, idiosyncratic risk, learn to manage it.6 min read
- 05 Business Cycles & StocksThese cyclical sectors win and lose in different macro phases.6 min read
- 06 Essential Stock RatiosP/E, P/B, EV/EBITDA, what they mean and when to use each.7 min read