Time Technoplast has officially announced the successful completion of trials for India's first hydrogen-powered drone, integrated with Type-III fully wrapped composite hydrogen cylinders and hydrogen fuel-cell systems. The company made this announcement on December 22, 2025, through a regulatory filing, marking a significant technological and commercial milestone in clean aviation technology.

Official Trial Completion and Validation

The hydrogen-powered drone has successfully completed initial performance trials and validation tests, meeting all targeted endurance, payload, and operational parameters. This represents the first successful integration in India of composite hydrogen cylinders made in India with fuel-cell-powered unmanned aerial platforms.

Technological Advantages Over Battery Systems

The hydrogen-powered drone technology delivers compelling operational advantages over battery-based systems. These include 3-5 times longer flight endurance, rapid refueling capabilities within minutes, higher payload capacity, consistent power output, lower lifecycle operating costs, and zero-emission operation.

Market Opportunities and Commercial Implications

The successful trials materially expand the company's addressable market within the rapidly growing global drone ecosystem. With the global drone market estimated at USD 30.00 billion currently and projected to reach USD 70.00 billion by 2033, demand is accelerating for high-performance, long-endurance, and sustainable propulsion solutions.

Hydrogen-powered drones are expected to see increasing adoption across agriculture, surveillance, defence, logistics, emergency response, infrastructure inspection, and environmental monitoring applications. This initiative aligns with the Government of India's Green Hydrogen Mission and the Make-in-India vision.

Strategic Foundation and Future Outlook

This development follows Time Technoplast becoming the first Indian manufacturer to receive Petroleum and Explosives Safety Organization (PESO) approval for Type-III hydrogen composite cylinders. The project has been executed and validated within the committed timeline, reinforcing the company's ability to translate advanced clean-energy technologies into deployable solutions.

The successful demonstration establishes Time Technoplast as a pioneer in India's emerging hydrogen economy and positions the company at the forefront of next-generation clean-energy aviation platforms, unlocking a high-growth applications segment for composite hydrogen storage solutions.

Time Technoplast promoter, Time Exports Private Limited, has increased its stake in the company through an open market purchase. The acquisition highlights a slight increase in the promoter group's overall shareholding in Time Technoplast.

Key Details of the Transaction

Impact on Promoter Holding

The transaction resulted in a marginal increase of 0.03 percentage points in the promoter group's total holding in Time Technoplast Limited.

Significance

This open market purchase by Time Exports Private Limited demonstrates continued confidence in Time Technoplast by its promoter group. While the increase in stake is relatively small, it aligns with a common practice among promoters to gradually enhance their holdings in the company they manage.

Investors and market observers may view this development as a positive signal, potentially indicating the promoter's belief in the company's future prospects. However, it's important to note that share purchases by promoters can be motivated by various factors, and investors should consider this information alongside other financial and market indicators when making investment decisions.

As always, stakeholders are advised to conduct their own research and consult with financial advisors before making any investment choices based on promoter actions or other market news.