Time Technoplast Ltd is a multinational conglomerate involved in the manufacturing of technology and innovation driven polymer & composite products with operations in Bahrain, Egypt, Indonesia, India, Malaysia, U.A.E, Taiwan, Thailand, Vietnam, Saudi Arabia & USA. The company was incorporated on December 20, 1989 in the name Time Packaging Pvt Ltd and in the year 1992, the name was changed to Time Packaging Ltd. Since its inception in 1992, Time Tech has set itself apart from its competition by focusing on research and development, futuristic product designing, superior customer service by setting up 20 manufacturing units & 8 regional and marketing offices to meet the growing demand of Indian customers.
The Company's segments include Polymer Products and Composite Products. The company's portfolio consists of technically driven innovative products catering to growing industry segments like, Industrial Packaging Solutions, Lifestyle Products, Automotive Components, Infrastructure / Construction related products, Material Handling Solutions & Composite Cylinders.
It offers industrial packaging products that include Drums, Jerry cans & Pails; pipe/ infrastructure products include pressure pipes, prefabricated shelters, waste/refuse bins and energy storage devices; technical products; material handling products and composite cylinders. The company's products include drums, pails, containers, intermediate bulk containers, mox films, composite cylinders, HDPE pipes, DWC pipes, 3S rain flaps, radiator tanks, fuel tanks, air ducts, PET sheets, face shields, car mats, among others.
The company holds a market share of over 55% in the domestic industrial packaging segment. It is the largest manufacturer of large-size plastic drums, the 2nd largest manufacturer of composite cylinders, and the 3rd largest manufacturer of Intermediate Bulk Containers (IBCs) globally. Additionally, it is the 2nd largest manufacturer of MOX film in India and a market leader in 9 out of the 11 countries where it operates.
The Company has manufacturing facilities at approximately 30 locations across the globe (including 20 within India), while Time Tech group operates more than 40 production facilities across the globe and is recognized for its innovative plastic products. The company is having their manufacturing facilities located at Baddi in Himachal Pradesh, Pantnagar in Uttarakhand, Sahibabad in Uttar Pradesh, Mahad in Maharashtra, Hosur in Tamil Nadu, Daman & Diu and Silvassa. They are also having their manufacturing facilities in Sharjah.
Time Technoplast Ltd has a market capitalisation of Rs 9,833 crore as of June 2025. Time Technoplast's consolidated net profit increased by 18.59% to Rs 109.52 crore for Q4 FY2025, with sales rising 5.34% to Rs 1468.74 crore. For the full year, net profit rose 24.96% to Rs 387.94 crore, and sales increased by 9.30% to Rs 5457.04 crore.
Key Financial Highlights:
- Net profit rose 24.96% to Rs 387.94 crore in the year ended March 2025
- Sales rose 9.30% to Rs 5457.04 crore in the year ended March 2025
- Current dividend yield is 0.55%
- The current PE ratio of Time Technoplast Ltd (TIMETECHNO) is 24.00
- The current PB ratio of Time Technoplast Ltd (TIMETECHNO) is 3.22
Time Technoplast becomes the first Indian company to secure both PESO and Bureau Veritas approvals for 150-litre hydrogen composite cylinders, enhancing its position in the green energy market. Time Technoplast said that it has received final approval from Petroleum and Explosives Safety Organization (PESO) for manufacturing and supply of high-pressure type-iv composite cylinders for hydrogen.
We are proud to be the FIRST COMPANY IN INDIA to receive APPROVAL for the manufacturing and supply of Type-IV Composite Cylinders for Hydrogen, issued by the Government Authority. This achievement positions the company well in the emerging green energy sector and hydrogen economy.
Motilal Oswal has initiated coverage on Time Technoplast with a buy rating and a target price of Rs 578, citing strong growth prospects and improving financials. Last 12 Months: Time Technoplast Ltd share price moved up by 46.63% on BSE, while Last 3 Years: Time Technoplast Ltd share price moved up by 273.70% on BSE.
Promoter holding in Time Technoplast Ltd has gone up to 51.62 per cent as of Mar 2025 from 51.56 per cent as of Jun 2024, indicating stable promoter commitment.
Time Technoplast Ltd. is a leading manufacturer of plastic products and advanced polymer solutions in India. Specializing in packaging, automotive components, and industrial products, the company focuses on innovation and sustainability to meet diverse customer needs across various industries. An annual revenue growth of 9% is good, Pre-tax margin of 10% is healthy, ROE of 13% is good.
The company's diversified product portfolio and strong market position across multiple geographies provide it with competitive advantages in the polymer and composite products industry. Its focus on innovation, research and development, and strategic acquisitions have helped establish Time Technoplast as a leader in the industrial packaging segment globally.
