Time Technoplast Limited , a leading polymer product manufacturer, has reported strong financial results for the second quarter, showcasing significant growth across key metrics.

Financial Highlights

The company's consolidated performance for Q2 demonstrates substantial improvement:

All financial figures in billions of Indian Rupees, except for percentages

Key Performance Indicators

• Revenue Growth: Time Technoplast's revenue from operations increased to ₹151.11 billion, up from ₹137.05 billion in the same quarter last year, representing a 10.26% year-on-year growth.

• Profitability Surge: The company's net profit saw a significant rise of 17.43%, reaching ₹11.72 billion compared to ₹9.98 billion in the corresponding quarter of the previous year.

• Improved Operational Efficiency: EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) grew by 13.49% to ₹22.38 billion, with the EBITDA margin expanding to 14.80% from 14.38% in the corresponding quarter of the previous year.

Segment Performance

Time Technoplast's business is divided into two main segments:

1. Polymer Products:

   • Revenue: ₹92.72 billion
   • Segment Results: ₹10.15 billion

2. Composite Products:

   • Revenue: ₹58.40 billion
   • Segment Results: ₹7.55 billion

Both segments showed growth, contributing to the overall positive performance of the company.

Balance Sheet Strength

As of September 30, 2025, Time Technoplast's financial position remains robust:

• Total Assets: ₹451.63 billion
• Total Equity: ₹311.66 billion
• Debt-to-Equity Ratio: 0.20, indicating a conservative leverage position

Management Commentary

Bharat Kumar Vageria, Managing Director of Time Technoplast Limited, stated, "Our Q2 results reflect the company's resilience and strategic focus. The significant growth in revenue and profitability underscores our operational excellence and market leadership in the polymer industry."

Future Outlook

While the company has not provided specific forward-looking statements, the strong Q2 performance, coupled with improved operational metrics, suggests a positive trajectory for Time Technoplast. The company's ability to expand its margins indicates robust demand for its products and effective cost management.

Investors and analysts will likely watch for the company's continued performance in the coming quarters, particularly in light of global economic conditions and raw material price fluctuations that could impact the polymer industry.

Time Technoplast Limited, a leading polymer product manufacturer, has announced the opening of its Qualified Institutional Placement (QIP) of equity shares. The company's Committee of Directors has set the floor price at ₹211.70 per equity share, with the possibility of offering a discount of up to 5% on this price.

Key Details of the QIP

The floor price has been determined based on the pricing formula prescribed under Regulation 176 of the SEBI ICDR (Issue of Capital and Disclosure Requirements) Regulations, 2018. The final issue price will be decided in consultation with the lead manager appointed for the QIP.

Corporate Governance Measures

In line with the company's commitment to transparency and regulatory compliance, Time Technoplast has taken several steps:

1. The trading window for designated persons has been closed from October 1, 2025, until 48 hours after the declaration of quarterly financial results for the quarter ended September 30, 2025.
2. The company has approved and adopted a preliminary placement document dated November 6, 2025, along with a draft application form for the QIP.
3. The QIP is being conducted under Chapter VI of the SEBI ICDR Regulations and Section 42 of the Companies Act, 2013.

Management Commentary

Bharat Kumar Vageria, Managing Director of Time Technoplast, signed off on the regulatory filing, indicating the company's commitment to this capital raising initiative. The QIP is expected to strengthen the company's financial position and support its growth plans.

Investors and market participants will be closely watching the outcome of this QIP, as it may have implications for Time Technoplast's future expansion and market position in the polymer products industry.