Time technoplast
Undergoing time correction in last 8 months
PE ~25 (from 30-31 earlier)
CAGR Growth in last 3 years 27%
Going in value zone
1. Announcement on Bonus Shares: 1:1 bonus will be decided on 11sep AGM.
2. Sale of Non-Core Assets: Company had identified non-core assets for disposal with an estimated realization value of Rs. 125 Crores (approx.) which has now reduced to Rs. 47 Crores being balance amount alreadyrealized
3. Focus on Improving ROCE: Targeting a ROCE of 20% for FY26. This will be driven by our continued focus on cost reduction through automation, re-engineering of machinery and moulds, and optimization of the working capital cycle—initiatives strategically aimed at enhancing net earnings and overall capital efficiency
4. Consolidation of Products and Manufacturing Units: The Company has made a strategic decision to consolidate its products and manufacturing units. This includes Brownfield expansion and adding New Units, which will better align withevolving market demands while optimizing operational costs
5. Qualified Institutional Placement (QIP): Qualified Institutions Placement (QIP) for an amount notexceeding ₹1,000 Crores which is valid till November 27, 2025
6. MOU Signed between Time Technoplast Ltd. and Drone Stark Technologies (OPC) Pvt. Ltd.: In a strategic step towards advancing sustainable technologies, Time Technoplast Limited has signed a Memorandum of Understanding (MoU) with Drone Stark Technologies (OPC) PrivateLimited (DSTPL). The agreement, initially for three years and extendable by mutual consent, aims to develop hydrogen-powered Drones using Composite Hydrogen Cylinders and fuel celltechnology.
7. Green Energy- Conversion of Electricity Units consumed to Solar Power: The Company has committed to transform 75% of its electricity consumption to green energy within the next two years by tie up with solar power generating Companies.
8. Launch of E-Rickshaw Batteries by Power Build Batteries Private Ltd: Our subsidiary i.e. Power Build Batteries Private Limited has developed a low cost, high-performance E-Rickshaw battery in the brand name of “e-START with SELENIUM”. With advancedlead-acid technology and enhanced with selenium, these batteries offer superior performance, safety and efficiency. The growing demand for e-rickshaws is supported by eco-friendlypolicies.
9. New Sustainability-Focused Subsidiary: Time Ecotech: The Company has incorporated Time Ecotech Private Limited (TEPL), a wholly owned subsidiary in India, focused on recycling and reprocessing industrial plastic packaging. In Phase I, a greenfield facility will be set up in Gujarat, launching a nationwide green recycling initiative. The long-term plan in a period of 3-4 years involves an investment of approx. ₹120 crores in fully automated recycling plants across key Indian regions (West, North, South, East) with the capacity to process up to 60,000 MT of plastic annually.
10. Impact of Tariff on USA operations: Revenue contribution from US manufacturing operations is around 8% of consolidated revenue of the company. The company is having manufacturing operations to serve the localindustry considering the voluminous product and all the major inputs is sourced from local manufacturer, therefore tariff effect will not affect the revenue and margin of US operations
Established Products: HM-HDPE plastic Drums/Jerry Cans and Pails, Polyethylene (PE)pipes, Turf & Mattings, Disposable Bins, Energy storage devices, Auto Products and SteelDrums.
Revenue % -->74%
Value Added Products: Intermediate Bulk Containers (IBC), Composite Cylinders (LPG,Oxygen & CNG) and MOX Films
Revenue % -->26%
₹ 425cr Confirm Tender received for Supply of Packaging Products
₹ 175cr Strong order book- Composite Cylinders (CNG Cascades)
₹ 170cr Strong order book- PE Pipes
Time technoplast
One more stock crossing 5x
not easy to hold in drawdowns in last 2 years---but we did hold
#timetechno