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Prices as of 9 Oct 2026 close · Not investment advice

Time Technoplast Limited

NSE: TIMETECHNOPlastic Products - Industrial

Share price

₹176.35

-1.85% close of 9 Oct 2026

Market cap ₹8,641 CrP/E 17.7

Price-based ratios (P/B, dividend yield, EV/EBITDA) are as of 8 Oct 2026, the close above is 9 Oct 2026.

Business score

How strong the business is, in one number. The parts behind it are in Pro.

70

out of 100 · worked out 9 Oct 2026

How the business score works

Your ratios

The numbers you want to see first. Tap Edit to change them.

Market cap

₹8,641 Cr

P/E ratio

17.7

P/B ratio

2.1

ROCE

16.5%

ROE

13.2%

Dividend yield

0.8%

Price & valuation chart

How the share price and its valuation have moved. Hover over the chart to see any day. Prices as of the last close.

Prices as of 9 Oct 2026 close52-week high ₹223.5752-week low ₹155.27

Answers

Simple answers to the questions investors ask most, from the company's own numbers.

How fast it has been growing

Sales grew 15.5% over the past year, and 11.6% a year over its longer record. Meanwhile what it keeps of every 100 rupees of sales improved from 13.8% to 14.3% over the last four years.

Whether it grew faster than its sector

It grew 11.6% a year against a sector median of 10.6% — 1.0 percentage points faster.

Room to re-rate, or risk of de-rating

At 17.7× earnings against a market that pays 24.1× across 2199 companies we can price. Its own industry sits at 41.5×, across 5 companies. It is against its own five-year median of 18.2×, the 47th percentile of its own range.

Whether growth justifies the valuation

Priced at 0.6 times its growth rate, on earnings growth of 28%.

Profit growthPrice per ₹1 profitPer 1% growth
Time Technoplast Limited — this one28%/yr17.7×₹0.63
Supreme Industries Limited3%/yr42.0×₹14.0
Astral Limited6%/yr64.3×₹10.7
Garware Hi-Tech Films Limited27%/yr41.5×₹1.5
Finolex Industries Limited33%/yr15.2×₹0.46
Kingfa Science & Technology (India) Limited32%/yr41.1×₹1.3

Compared with companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

How it compares with its peers

Against companies the exchange files under the same label (Plastic Products - Industrial), it ranks 10 of 24 on returns, 8 of 22 on growth, 8 of 24 on margin. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

What makes it hard to beat — and is that still true?

A narrow advantage: it earns 16.5% on capital, ahead of 58% of companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

Whether its growth pays for itself

Yes — Over the last five years it made ₹1731 crore of cash from the business, spent ₹1131 crore on plant and equipment, and returned ₹80 crore to lenders and shareholders. And the profit is real: of every 100 rupees it reported over 12 years, about 135 arrived as cash (before interest, which is why it can exceed the profit). Its cash comes back more slowly than it used to: it went from being waiting 98 days for its cash to waiting 127 days for its cash.

Profit reality check

Is the profit real cash? Simple checks on the accounts. Facts only, not advice.

9 of 10 checks clear · 90%

How the profit check works

Latest result · Q1 FY27

What the last results showed. Whether management kept its word is in Pro.

Revenue up 25% and profit up 22%, with volume growth running below the 15% promised

Announced 5 Aug 2026 · Consolidated · Unaudited

Revenue

₹1,693 Cr

Revenue vs last year

+25.1%

Revenue vs last quarter

+0.9%

Net profit

₹118 Cr

Profit vs last year

+21.5%

Profit vs last quarter

-12.0%

Net margin

7.0%

EPS

₹2.35

Earnings call transcript · 6 Aug 2026

Checklist before you investPRO

Points for and against, in one list.

Key numbers & peers

The main numbers grouped by topic, and how the company compares with similar ones.

Price

Market cap
₹8,641 Cr
Prev close
₹176.35
52w High
₹228
52w Low
₹154
Enterprise value
₹8,794 Cr
Beta
1.7
Price CAGR 1y
-17.0%
Price CAGR 3y
38.0%
Price CAGR 5y
39.0%
Price CAGR 10y
15.0%

Ratios

Return on assets
8.5%
PEG ratio
0.6
P/E ratio
17.7
P/B ratio
2.1
EV / EBITDA
9.5
Industry P/E
23.8
ROCE
16.5%
ROCE 5y average
15.0%
ROE
13.2%
Debt / Equity
0.2
Interest coverage
9.0
Dividend yield
0.8%
ROE 3y average
13.0%
ROE last year
13.0%

Annual P&L

Annual revenue
₹6,105 Cr
Annual profit
₹477 Cr
Operating margin
15.0%
Net profit margin
7.8%
EBITDA margin
14.6%
Sales growth 3y
12.5%
Sales growth 5y
15.2%
Profit growth 3y
28.0%
Profit growth 5y
35.0%
EPS
₹9.5
Sales growth TTM
16.0%
Profit growth TTM
21.0%
Dividend payout
16.0%

Quarter P&L

Sales latest quarter
₹1,693 Cr
Profit latest quarter
₹118 Cr
YoY quarterly sales growth
25.1%
YoY quarterly profit growth
21.6%
OPM latest quarter
13.3%

Balance Sheet

Book Value
₹83.4
Face Value
₹1.0
Total debt
₹733 Cr
Total cash
₹580 Cr
Borrowings
₹733 Cr
Reserves / Equity
82.4

Cash Flow

Operating cash flow
₹233 Cr
Free cash flow
-₹137 Cr
FCF yield
-2.5%
Net cash flow
₹411 Cr

Shareholding

Promoter holding
47.6%
FII holding
8.5%
DII holding
17.6%
Public holding
26.3%

Peer comparison

CompanyPrice ₹P/EMkt cap ₹ CrDiv yield %Profit qtr ₹ CrProfit var %Sales qtr ₹ CrSales var %ROCE %
Supreme Inds.3,500.0043.044,4591.00280.738.82,717.74.220.7
Astral1,417.1064.338,0710.28120.248.21,578.015.919.2
Garware Hi Tech6,964.2041.716,1800.17132.759.8633.127.918.1
Finolex Inds.150.4515.29,3351.31114.516.7883.6-15.311.8
Kingfa Science6,819.0040.99,2410.2980.2101.6688.649.123.2
Time Technoplast179.4018.18,8560.82117.922.21,692.725.116.5
Prince Pipes250.4026.62,7680.3933.8600.2609.45.06.0
Median179.4022.22940.005.322.2101.116.314.9

Competes with: Apollo Pipes Limited, Astral Limited, Bright Brothers Limited, Captain Polyplast Limited, Dhabriya Polywood Limited, Finolex Industries Limited, Garware Hi-Tech Films Limited, Hindustan Adhesives Limited, Jai Corp Limited, Jain Irrigation Systems Limited, Jain Irrigation Systems Limited, Kingfa Science & Technology (India) Limited, Kriti Industries (India) Limited, Manika Plastech Limited, Prakash Pipes Limited, Premier Polyfilm Limited, Prince Pipes And Fittings Limited, R M Drip and Sprinklers Systems Limited, Shaily Engineering Plastics Limited, Sri KPR Industries Limited, Supreme Industries Limited, Tainwala Chemical and Plastic (I) Limited, Texmo Pipes and Products Limited, Tijaria Polypipes Limited

Quarterly results

Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.

Consolidated · to 30 Jun 2026
Line itemJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales1,0791,1941,3251,3941,2301,3711,3881,4691,3531,5111,5651,6771,693
Expenses9321,0271,1341,2081,0561,1741,1871,2551,1581,2881,3311,4361,468
Material Cost1,0319611,0841,1211,2491,249
Change in Inventories6.027.08-5.43-8.06-524.12
Purchases of Stock-in-Trade000000
Employee Cost726773778578
Other Expenses146122137141153138
Operating Profit147167191186174196201214195223234241224
OPM %14141413141414151415151413
Other Income10211112211251
Exceptional items (within Other Income)000000
Interest26252525242322222222191817
Depreciation45464240414243444546464751
Profit before tax7696126133110133137150129157171181158
Tax %25252629272525252525252625
Net Profit577193948010010211297117129134118
EPS in Rs1.241.562.022.031.752.172.222.412.102.542.562.672.35
Diluted EPS in Rs4.834.192.542.752.672.35

Profit & loss

Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.

Consolidated · to 31 Mar 2026
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales2,4472,3962,7553,1033,5643,5783,0053,6504,2894,9925,4576,1056,445
Expenses2,1082,0482,3502,6303,0403,0792,6183,1443,7124,3024,6725,2135,524
Material Cost3,8894,415
Change in Inventories-2.81-58
Purchases of Stock-in-Trade00
Employee Cost265303
Other Expenses521553
Operating Profit339348404473524499387506577691785892922
OPM %14151515151413141314141514
Other Income422223243414599
Exceptional items (within Other Income)00
Interest104969088991089892105101928075
Depreciation8799116137146156151157171173170183190
Profit before tax150174201250282237142259305431529638666
Tax %251925262626262627272525
Net Profit113142151185209175106192224316394477498
EPS in Rs2.613.293.253.994.483.742.294.164.846.848.559.5010
Diluted EPS in Rs179.99
Dividend Payout %10810101013151213151516

Compounded growth

Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.

Compounded sales growth

10 years
10%
5 years
15%
3 years
12%
TTM
16%

Compounded profit growth

10 years
13%
5 years
35%
3 years
28%
TTM
21%

Stock price CAGR

10 years
15%
5 years
39%
3 years
38%
1 year
-17%

Return on equity

10 years
11%
5 years
12%
3 years
13%
Last year
13%

Balance sheet

What the company owns and what it owes, at the end of each year. ₹ crore.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital212123232323232323232349
Reserves1,0161,1471,3041,4611,6471,7921,8802,0502,2472,5302,8694,039
Borrowings804746722777840890863906900829732733
Other Liabilities493505523632691659538626660732775817
Minority Interest7078
Total Liabilities2,3342,4202,5712,8923,2003,3643,3043,6043,8294,1144,3995,639
Fixed Assets1,1541,1471,1001,2001,2791,3491,2811,3141,3831,3681,3731,435
CWIP4371879498814070684179230
Investments000000000236
Other Assets1,1381,2021,3841,5981,8221,9341,9832,2202,3792,7032,9433,968
Total Assets2,3342,4202,5712,8923,2003,3643,3043,6043,8294,1144,3995,639

Cash flows

Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity269289188303281301257291370406431233
Cash from Investing Activity-98-120-212-244-231-138-105-179-216-187-147-446
Cash from Financing Activity-172-16719-51-58-148-151-104-154-197-249624
Net Cash Flow-01-58-7161812235411
Free Cash Flow172173-245951164155104147251235-137

Ratios

How fast customers pay, how long stock sits, and how well capital earns — year by year.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days697577798084978780797887
Inventory Days102104104109107110132129117107108111
Days Payable677066746965565548454237
Cash Conversion Cycle104110115113118130173161150141143161
Working Capital Days192653616581111989693106127
ROCE %13141415161391213161717

Shareholding pattern

Who owns the company — founders (promoters), foreign funds, Indian funds and the public. In %.

Consolidated · to 30 Jun 2026
Line itemSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters525252525252525252484848
FIIs5.965.706.186.786.697.658.078.298.4112118.54
DIIs9.951011111313131313171718
Public323231312928272727242426
No. of Shareholders73,77974,10978,6321,02,5311,10,9831,22,3331,27,6051,37,3451,44,3201,49,6551,36,9621,40,298

Price trend

The price as a Renko brick chart: small moves drop out so the bigger path stands out.

Change over 1 year -20.6% (₹222.24 → ₹176.35)Brick size ₹5.46 (fixed)Bricks 46
₹160₹200₹220₹176Nov '25Jan '26Mar '26May '26Jul '26Sep '26
Price moved up one brickPrice moved down one brickLast close ₹176.35 on 9 Oct 2026

Every brick is the same size, about one typical day's move. A new brick needs a full brick's move; turning the other way needs two. Bricks show where the price went, not where it will go.

Open interestPRO

Where option traders are positioned on this stock.

Industry numbers

The numbers that matter most in this industry, from the company's own filings.

1 when an audit qualification is filed as repetitive

0.00flag

2026-03-31

the company's own unlisted debt securities in default at period end

0.00cr

2026-06-30

exports as % of revenue

35.00

the company's own loans / revolving facilities in default at period end (standalone filing)

0.00cr

2026-06-30

net debt from the filed balance sheet at the newest year end: Borrowings − Cash Equivalents − Investments (Current); negative = net cash

153inr_cr

2026-03-31

order book, Rs crore

185inr_cr

2026-06-30

guarantees / comfort given for promoter, promoter group, directors and KMP

0.00cr

2026-03-31

loans outstanding to promoter, promoter group, directors and KMP (governance filing)

0.00cr

2026-03-31

security given for the borrowing of promoter, promoter group, directors and KMP

0.00cr

2026-03-31

FY revenue / permanent employees + workers, same basis (calc)

85,65,031inr

2026-03-31

volume growth %

11.00pct

2026-06-30

News

News and filings about Time Technoplast Limited. Open one to see why it matters.

Supply chain

Who it buys from, sells to and competes with — as recorded in our map of company links.

Competes with

Uses as raw material

  • High-density polyethylene (HDPE) resin
  • Low-density polyethylene (LDPE) resin
  • Polypropylene (PP) resin
  • carbon black & anti-oxidant additives

Depends on the price of

  • Crude Oil Brent

Sells to

Buys from

  • TPL Plastech Limited · strategic manufacturing collaboration at Dahej for IBCs under the GNX brand; TIMETECHNO is…

About

What the company is, from our own records: where it sits, where it makes things, and what it is made of.

Sector
Capital Goods
Industry
Plastic Products - Industrial
Classification
Capital Goods › Plastic Products - Industrial
ISIN
INE508G01029

Business segments

  • Polymer Products · 63%
  • Composite Products · 37%

Plants

  • Bhilad greenfield recycling plant (Time Ecotech)
  • Daman composite cylinder plant
  • Morai (Vapi) automated CNG cascade plant
  • Silvassa HDPE pipe & composite cylinder plant

News impact

Big market events that reach Time Technoplast Limited, and how the effect spreads.

Who it hits first

  • Captain Polyplast (CPL) won an MSEDCL order to design, make, supply, install, test and commission off-grid solar water pumps for Maharashtra farmers — fresh order backlog, though no value, quantity or timeline was disclosed.
  • MSEDCL, the Maharashtra state power distributor (unlisted), is the buyer, so there is no listed-company impact on the buyer side.

Who may gain

  • Captain Polyplast alone gains assured business from this tender; pipe peers Astral, Supreme Industries, Time Technoplast and Garware Hi-Tech Films missed this order but the size is too small to hurt their far larger sales.

Along the supply chain

Downstream

Maharashtra farmers receive solar pumps that cut diesel and grid-power pumping costs; no listed downstream company is affected.

Upstream

CPL will buy more solar panels, pump sets, pipes and fittings to execute the order — a small demand lift for its component suppliers.

Where demand moves

Business

MSEDCL's solar-pump demand flows to Captain Polyplast instead of rival bidders; component demand (panels, pumps, pipes) rises mildly for CPL's unnamed suppliers.

Capital

Small speculative buying may lift micro-cap CPL on the news; far too small to pull money out of large pipe peers, so no sector rotation.

How it spreads across sectors

Capital Goods

Negligible at sector level — a single small order for a micro-cap does not move the sector.

Power

Off-grid solar pumps marginally slow farm power-demand growth for distributors over time, but this order's scale is tiny; mildly positive for the distributed-solar theme with no thermal displacement.

Commodity angle

Cc skip reason

no_commodity_link

A pattern seen before

Cascade chain

  • MSEDCL orders off-grid DC solar pumps from Captain Polyplast for Maharashtra farmers
  • Distributed-solar demand signal mildly positive for solar EPC and pump makers; order scale undisclosed so read-through is limited
  • No thermal-power displacement at this scale — incremental off-grid capacity for farm use

Pattern name

Energy Transition Cascade

Sectors queried

  • Capital Goods
  • Power

When it plays out

Immediate

CPL likely opens firm on the order news within 1-7 days; thin trading (~Rs 76 lakh/day) can exaggerate the move both ways; peers flat.

Medium term

Over 1-6 months installation progress, order margins and any repeat MSEDCL tenders decide whether gains hold.

Short term

Over 1-4 weeks follow-through depends on the company disclosing the order value — without numbers the early pop typically fades, as past contract wins show.

Dividends, splits & big trades

Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.

Dividends

15 Sep 2026unspecified₹1.5
23 Sep 2025bonus₹0
4 Sep 2025unspecified₹2.5
20 Sep 2024unspecified₹2
18 Sep 2023unspecified₹1.25
20 Sep 2022unspecified₹1
21 Sep 2021unspecified₹0.7
21 Sep 2020unspecified₹0.95

Splits, bonuses & buybacks

  • daily-prices repair: 9 rows from NSE's archive (replace 1, delete 1, insert 7), 2016-10-30..2026-02-01 (docs/flat_day_repair.md)1× · 30 Oct 2016

Insider trades

DisclosedWhoTypeSharesValue ₹ Cr
25 Sep 2026Sanjeev Sharma · Designated PersonBUY4,50,0002.25
25 Sep 2026Vishwalaxmi Trading and Finance Private Limited · PromoterSELL4,50,0002.25

Documents

Annual reports, results presentations and earnings calls, straight from the source.

Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.