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 StockRule-based from financial data. Not advice.
Historically, Apr has averaged the highest return (+14.6%); Sep the lowest (-4.7%).
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -4.2%Negative MonthJan 2026: -4.18% | +2.0%Positive MonthFeb 2026: +2.03% | -13.8%Negative MonthMar 2026: -13.83% | +22.1%Positive MonthApr 2026: +22.12% | -9.5%Negative MonthMay 2026: -9.55% | +2.8%Positive MonthJun 2026: +2.83% | +17.3%*Positive MonthJul 2026: +17.25% | β | β | β | β | β |
| 2025 | -18.8%Negative MonthJan 2025: -18.75% | -10.7%Negative MonthFeb 2025: -10.69% | +16.6%Positive MonthMar 2025: +16.61% | -19.3%Negative MonthApr 2025: -19.29% | +12.1%Positive MonthMay 2025: +12.10% | +17.4%Positive MonthJun 2025: +17.39% | +5.3%Positive MonthJul 2025: +5.32% | -2.3%Negative MonthAug 2025: -2.30% | -7.9%Negative MonthSep 2025: -7.90% | +2.4%Positive MonthOct 2025: +2.43% | -6.7%Negative MonthNov 2025: -6.67% | -6.5%Negative MonthDec 2025: -6.54% |
| 2024 | -1.3%Neutral MonthJan 2024: -1.27% | +24.4%Positive MonthFeb 2024: +24.45% | +14.9%Positive MonthMar 2024: +14.88% | +10.8%Positive MonthApr 2024: +10.85% | -0.3%Neutral MonthMay 2024: -0.33% | +16.9%Positive MonthJun 2024: +16.89% | +4.7%Positive MonthJul 2024: +4.70% | +18.7%Positive MonthAug 2024: +18.65% | -2.2%Negative MonthSep 2024: -2.25% | +8.3%Positive MonthOct 2024: +8.26% | +6.2%Positive MonthNov 2024: +6.19% | +9.8%Positive MonthDec 2024: +9.76% |
| 2023 | -5.7%Negative MonthJan 2023: -5.67% | -4.5%Negative MonthFeb 2023: -4.48% | -4.9%Negative MonthMar 2023: -4.87% | +9.2%Positive MonthApr 2023: +9.20% | +10.4%Positive MonthMay 2023: +10.37% | +27.5%Positive MonthJun 2023: +27.52% | +15.9%Positive MonthJul 2023: +15.92% | +8.0%Positive MonthAug 2023: +8.05% | +1.7%Neutral MonthSep 2023: +1.68% | +5.8%Positive MonthOct 2023: +5.83% | +10.6%Positive MonthNov 2023: +10.64% | +0.0%Neutral MonthDec 2023: +0.00% |
| 2022 | +11.4%Positive MonthJan 2022: +11.39% | -19.1%Negative MonthFeb 2022: -19.15% | -6.5%Negative MonthMar 2022: -6.51% | +50.0%Positive MonthApr 2022: +50.04% | +7.7%Positive MonthMay 2022: +7.66% | -0.1%Neutral MonthJun 2022: -0.15% | +3.8%Positive MonthJul 2022: +3.83% | +12.0%Positive MonthAug 2022: +11.95% | -11.1%Negative MonthSep 2022: -11.05% | -4.0%Negative MonthOct 2022: -3.98% | -5.2%Negative MonthNov 2022: -5.18% | -7.4%Negative MonthDec 2022: -7.36% |
| 2021 | β | β | β | β | β | +4.6%Positive MonthJun 2021: +4.60% | -9.5%Negative MonthJul 2021: -9.46% | -9.1%Negative MonthAug 2021: -9.11% | -4.2%Negative MonthSep 2021: -4.21% | -3.1%Negative MonthOct 2021: -3.07% | +5.9%Positive MonthNov 2021: +5.90% | +3.2%Positive MonthDec 2021: +3.19% |
| AvgΒ±SD |
Each cell is the percentage change in closing price from the end of the prior month to the end of this month. The bottom row shows the average return for that calendar month across the selected years, plus or minus one standard deviation β the range that historically contained roughly two-thirds of outcomes. Past monthly patterns are not a forecast of future returns.
This aggregates every month by calendar position β all Januaries together, all Februaries together, and so on β to show whether a given month has leaned positive or negative historically. βSimpleβ counts each month as +1 or β1. βWeightedβ gives larger moves more influence: +2 above +10%, β2 below β10%. With only 6 years of history for this asset, each monthβs score reflects a small number of observations β read it as a historical tendency, not a reliable seasonal pattern.
This tracks a running tally across the assetβs full price history: each month adds or subtracts based on whether it was positive or negative. A rising line means more positive months than negative so far; a flattening or falling line means recent months have leaned negative. This measures historical month-to-month consistency, not expected future performance.
Year-to-date return is calculated by dividing each dayβs closing price by the price on January 1st of that year (or the assetβs first available price if it began trading mid-year). The custom average line shows the mean YTD return at each calendar day across the selected years. The standard deviation band shows the range within which returns have historically fallen β at 1 SD, roughly two-thirds of years; at 2 SD, roughly 95%. Past year-to-date patterns do not predict future returns. The average and standard deviation band are computed from the year set chosen in βAverage fromβ, which is independent of which year lines are displayed. The current in-progress year is excluded from these calculations, since a partial year is not comparable to complete ones. Election-cycle groupings follow the US presidential calendar and are offered only for US and crypto assets.
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 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue / Net Sales | 1,191 | 1,318 | 1,342 | 1,596 | 1,808 | 2,117 | 2,141 | 1,725 | 2,031 | 2,242 | 2,633 | 2,663 | 2,704 |
| Total Expenses | 1,008 | 1,116 | 1,131 | 1,348 | 1,517 | 1,796 | 1,849 | 1,509 | 1,751 | 1,934 | 2,266 | 2,275 | 2,305 |
| EBIT / Operating Profit | 183 | 202 | 211 | 248 | 291 | 320 | 292 | 217 | 280 | 309 | 367 | 388 | 400 |
| OPM % | 15% | 15% | 16% | 16% | 16% | 15% | 14% | 13% | 14% | 14% | 14% | 15% | 15% |
| Other Income | 23 | 1 | 36 | 2 | 2 | 2 | 2 | 2 | 3 | 2 | 14 | 8 | 13 |
| Finance Costs | 61 | 65 | 62 | 56 | 54 | 60 | 63 | 56 | 53 | 56 | 58 | 56 | 55 |
| Depreciation & Amortisation | 44 | 44 | 55 | 66 | 85 | 90 | 95 | 93 | 97 | 106 | 108 | 106 | 105 |
| Profit Before Tax | 101 | 94 | 130 | 127 | 154 | 173 | 135 | 69 | 133 | 149 | 215 | 234 | 254 |
| Tax % | 21% | 25% | 24% | 25% | 26% | 27% | 28% | 26% | 26% | 26% | 26% | 25% | - |
| Net Profit / PAT | 80 | 70 | 99 | 95 | 113 | 126 | 98 | 51 | 99 | 111 | 160 | 174 | 191 |
| EPS (βΉ) | 1.91 | 1.67 | 2.36 | 2.10 | 2.50 | 2.79 | 2.16 | 1.13 | 2.19 | 2.46 | 3.51 | 3.84 | 4.21 |
| Dividend Payout % | 12% | 15% | 12% | 15% | 16% | 16% | 22% | 31% | 23% | 25% | 28% | 33% | - |
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% |
