Time Technoplast opens Bhilad packaging plant with 6,000-tonne capacity
- Time Technoplast completes greenfield plant in Bhilad, Gujarat
- Facility has annual capacity of 6,000 tonnes for polymer pails
- Investment stands at approximately ₹24 crore
- Production scheduled to begin on September 25, 2026
- Expected turnover is ₹100 crore at 90% utilization
*this image is generated using AI for illustrative purposes only.
Time Technoplast has completed its greenfield manufacturing facility in Bhilad, Gujarat. The company announced the completion on September 17, 2026, confirming that production will commence on September 25, 2026.
The new plant is dedicated to manufacturing conical polymer pails and injection moulded products. It represents a strategic expansion into a specific product line with a focus on automation.
Plant Specifications
The facility was established with an investment of approximately ₹24 crore. It features a fully automated setup using robotics to minimize human intervention and reduce administration costs.
| Metric | Details |
|---|---|
| Location | Bhilad, Gujarat |
| Annual Capacity | 6,000 tonnes |
| Investment | ₹24 crore (approx.) |
| Expected Turnover | ₹100 crore (at 90% utilization) |
| Production Start Date | September 25, 2026 |
Operational Outlook
Management expects the plant to generate a turnover of approximately ₹100 crore at an estimated capacity utilization of 90%. The deployment of modern technology aims to achieve maximum operating efficiency for this product line.
The installation of plant and machinery is complete. The project was executed within the scheduled timeline, as disclosed pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Historical Stock Returns for Time Technoplast
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.58% | -5.65% | -9.69% | +8.92% | -28.16% | +383.76% |
How will the ₹24 crore investment and automation-driven cost structure impact Time Technoplast's gross margins compared to its existing manufacturing facilities?
What is the projected timeline for the new Bhilad plant to reach the estimated 90% capacity utilization required to generate ₹100 crore in turnover?
Does this expansion into conical polymer pails signal a strategic shift towards higher-margin niche products, or is it primarily aimed at capturing volume in existing market segments?
19
Access Market Heat-map & Insights 
Create, Save & Share your Screener 
Use 200+ Screening Filters 
