Time Technoplast Limited (TTL) has announced a strategic move to strengthen its position in the industrial packaging sector. The company has entered into a Memorandum of Understanding (MoU) to acquire a 74% equity stake in Ebullient Packaging Private Limited (EPPL) at an enterprise value of approximately ₹200 crore.

Acquisition Details

• Target Company: Ebullient Packaging Private Limited (EPPL)
• Stake: 74% equity
• Enterprise Value: Approximately ₹200 crore
• Expected Completion: 4 to 6 months, subject to due diligence

About Ebullient Packaging Private Limited

EPPL, established in 2003, specializes in manufacturing Flexible Intermediate Bulk Containers (FIBCs), polymer drums, jerry cans, and steel containers. The company serves various industries, including chemicals, pharmaceuticals, FMCG, agriculture, and food processing.

Financial Performance and Projections

EPPL has demonstrated strong growth, with a projected revenue of ₹250 crore for FY 2025-26 and an expected EBITDA margin of 10%. The company currently operates at about 70% capacity utilization.

Strategic Rationale

This acquisition marks TTL's entry into the flexible industrial packaging segment, complementing its existing rigid packaging portfolio. Key benefits include:

1. Product Diversification: Expansion into Flexible Intermediate Bulk Containers (FIBCs) market.
2. Market Expansion: Strengthening presence in Western India and export markets, particularly Europe.
3. Cross-Selling Opportunities: Leveraging overlapping customer bases across multiple industries.
4. Sustainability Focus: Aligning with TTL's commitment to circular economy principles through EPPL's reconditioning and refurbishing capabilities.

Market Outlook

The global FIBC market is currently valued at approximately ₹75,850 crore and is projected to reach ₹1.05 lakh crore by 2030. In India, the FIBC market is estimated at around ₹7,000 crore, with an expected CAGR of about 20%.

Transaction Details

• The consideration will be paid in cash.
• Final pricing will be determined based on due diligence findings.
• The acquisition is subject to customary reviews, including financial, legal, taxation, and regulatory assessments.

Bharat Kumar Vageria, Managing Director of Time Technoplast Limited, signed the disclosure, underlining the company's commitment to this strategic expansion. This move is expected to accelerate TTL's growth trajectory and strengthen its position in the industrial packaging sector, both domestically and internationally.

Time Technoplast , a leading polymer product manufacturer, has announced its growth projections for the fiscal year 2026, showcasing a robust outlook across its diverse business segments.

Packaging and Composite Products

The company has set its sights on impressive growth rates for its core business areas. Time Technoplast is targeting a 10-12% growth in its packaging segment, while the composite products division is expected to outperform with a projected growth of 28-30%.

Financial Targets

In a move that signals confidence in its operational efficiency, Time Technoplast aims to achieve a 20% return on capital. This target underscores the company's commitment to delivering value to its shareholders while maintaining a strong financial position.

Energy Storage Devices

Time Technoplast is making significant strides in the energy storage sector. The company anticipates revenue of ₹125-150 crore from its energy storage devices division. Notably, e-rickshaw batteries are expected to contribute ₹35-50 crore to this segment, highlighting the company's focus on sustainable transportation solutions.

CNG and Hydrogen Cylinders

Following its expansion plans, Time Technoplast has set an ambitious target for its CNG and hydrogen cylinder business. The company projects a substantial revenue of ₹700 crore from this segment, indicating a strong push into the alternative fuel storage market.

Recent Corporate Actions

According to the latest LODR (Listing Obligations and Disclosure Requirements) data, Time Technoplast has scheduled its 35th Annual General Meeting, where it will consider the declaration of a final dividend for the financial year 2024-2025. The company has set September 4, 2025, as the record date for determining member eligibility for this potential dividend.

Additionally, Time Technoplast recently held a conference call on August 12, 2025, to discuss its Q1FY26 results. The audio recording of this call has been made available on the company's website, demonstrating its commitment to transparency and shareholder communication.

As Time Technoplast positions itself for growth across multiple sectors, investors and industry observers will be keenly watching the company's progress towards these ambitious targets in the coming fiscal year.