Time Technoplast commissions Bhilad packaging plant with 6,000-tonne capacity
- Time Technoplast commissions Bhilad packaging plant
- Facility has 6,000-tonne annual capacity
- Investment stands at approximately ₹24 crore
- Production starts September 25, 2026
- Expected turnover is ₹100 crore at 90% utilization
*this image is generated using AI for illustrative purposes only.
Time Technoplast has commissioned 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 |
|---|---|---|---|---|---|
| -1.85% | -1.85% | -5.46% | -2.14% | -20.38% | +397.46% |
How will the fully automated, robotics-driven setup impact Time Technoplast's gross margins compared to its existing manufacturing facilities?
What is the company's strategy for achieving the projected 90% capacity utilization within the first 12-18 months of operation?
Will this expansion into conical polymer pails cannibalize sales from existing product lines or primarily target new customer segments?
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