Time Technoplast
211.49
+1.85(+0.88%)
Market Cap₹9,598.60 Cr
PE Ratio23.36
Company Performance:
1D+0.88%
1M-4.84%
6M+22.94%
1Y+4.59%
5Y+952.19%
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More news about Time Technoplast
09Sept 25
Time Technoplast Announces 1:1 Bonus Share Issue, Sets Record Date
Time Technoplast Limited has declared a bonus share issue in a 1:1 ratio, offering one new fully paid-up equity share for every existing share held. The record date is set for September 15, 2025, with shareholder approval to be sought at the Annual General Meeting on September 11, 2025. The bonus shares will have a face value of ₹1.00 per share. This action aims to increase share liquidity without affecting the company's market capitalization. The company has informed stock exchanges about this corporate action, adhering to regulatory requirements.
06Sept 25
Time Technoplast to Acquire 74% Stake in Ebullient Packaging, Expanding into Flexible Industrial Packaging
Time Technoplast Limited (TTL) has signed an MoU to acquire a 74% equity stake in Ebullient Packaging Private Limited (EPPL) at an enterprise value of approximately ₹200 crore. EPPL specializes in manufacturing Flexible Intermediate Bulk Containers (FIBCs) and other packaging products. The acquisition is expected to be completed in 4 to 6 months, subject to due diligence. EPPL projects revenue of ₹250 crore for FY 2025-26 with an expected EBITDA margin of 10%. This strategic move marks TTL's entry into the flexible industrial packaging segment, complementing its existing rigid packaging portfolio and expanding its market presence.
13Aug 25
Time Technoplast Unveils Ambitious Growth Targets for FY26
Time Technoplast projects 10-12% growth in packaging and 28-30% in composite products. The company targets a 20% return on capital and expects ₹125-150 crore revenue from energy storage devices, including ₹35-50 crore from e-rickshaw batteries. CNG and hydrogen cylinder business aims for ₹700 crore revenue. The company's 35th AGM will consider a final dividend for FY2024-2025, with September 4, 2025, as the record date.
11Aug 25
Time Technoplast Reports Strong Q1 Results, Targets 20% Growth Over Next 3 Years
Time Technoplast, a polymer and composite products manufacturer, reported robust Q1 financial results with a 10% increase in total income to ₹13,536.00 million and a 20% jump in PAT to ₹951.00 million. The company aims for over 20% growth in the next three years, focusing on hydrogen cylinders, CNG products, and composite products. Time Technoplast plans to increase green energy usage, establish a recycling subsidiary, and has approved a 1:1 bonus share issue.
11Aug 25
Time Technoplast Announces 1:1 Bonus Share Issue and Reports Strong Q1 Results
Time Technoplast Limited has approved a 1:1 bonus share issue and plans to increase authorized share capital from ₹52.50 crores to ₹100.00 crores. Q1 financial results show 10% revenue growth to ₹1,352.65 crores and 20% net profit increase to ₹96.55 crores. EPS improved to ₹4.19. The company demonstrated strong performance across polymer and composite product segments with EBITDA margins of 13.90% and 15.40% respectively. Operating EBITDA margin stood at 14.47%, current ratio at 2.92, and debt-to-equity ratio decreased to 0.20. The board has re-appointed three whole-time directors. Time Technoplast aims for 20% ROCE in the fiscal year and is consolidating products and manufacturing units for cost optimization.
11Aug 25
Time Technoplast Reports 20% Surge in Q1 Net Profit, Announces 1:1 Bonus Share Issue
Time Technoplast's Q1 consolidated net profit increased by 20% to ₹951.00 million, with revenue growing 10% to ₹13.25 billion. The company's EBITDA margin improved to 14.5%. The Board approved a 1:1 bonus share issue, subject to shareholder approval. Strategic initiatives include improving ROCE to 20% for FY2026, launching a sustainability-focused subsidiary, partnering for hydrogen-powered drones, and committing to 75% green energy consumption within two years.
07Aug 25
Time Technoplast Partners with Drone Stark Technologies for Hydrogen-Powered Drone Development
Time Technoplast has signed a three-year MoU with Drone Stark Technologies to develop hydrogen-powered drones using composite hydrogen cylinders and fuel cell technology. The partnership aims to enhance drone performance metrics like flight endurance and energy efficiency. Time Technoplast brings its expertise in high-pressure hydrogen cylinders, while Drone Stark contributes its UAV platform knowledge. This collaboration aligns with the Make-in-India initiative and targets the growing global drone market, projected to reach $75 billion by 2033.
28May 25
Time Technoplast Sets Ambitious 20% ROCE Target for FY26 Amid Strong Financial Performance
Time Technoplast, a leading polymer products manufacturer, has set a target of 20% Return on Capital Employed (ROCE) for FY 2026. The company's FY 2024 results show significant growth with revenue up 16.62% to Rs 5,006.60 crore, EBITDA increasing 21.36% to Rs 705.00 crore, and net profit rising 41.15% to Rs 315.90 crore. Operating profit margin improved to 13.84%. The company's focus on revenue growth, cost management, and strategic capital allocation supports its ambitious ROCE goal.
27May 25
Time Technoplast Reports Strong Q4 Results, Recommends Dividend
Time Technoplast, a leading polymer product manufacturer, reported strong Q4 results with a 19.05% increase in consolidated net profit to ₹1.10 billion. Revenue grew by 5.45% to ₹14.70 billion, while EBITDA rose to ₹2.14 billion with an improved margin of 14.55%. The company's board has recommended a final dividend of ₹2.50 per equity share.
15May 25
Time Technoplast Secures Approval for Hydrogen Composite Cylinder
Time Technoplast has received approval from Bureau Veritas for its Type IV composite cylinder designed for hydrogen applications. The certified cylinder has a capacity of 150.00 litres. This milestone positions the company to potentially capitalize on the growing demand for hydrogen infrastructure and storage technologies in the clean energy sector.
04Mar 25
Time Technoplast Expands into Gas Distribution with New PE Pipe Offering
Time Technoplast Limited announces expansion into polyethylene (PE) pipes for gas distribution. The company plans to invest Rs 8 crore, targeting public and private sector clients. Product development and BIS approval expected within four months, with benefits anticipated from Q2 FY2025-26. This move aligns with India's infrastructure initiatives and is projected to contribute to the company's 30% growth forecast in its PE pipe segment.
03Mar 25
Time Technoplast Expands into Gas Distribution Pipes, Targeting 30% Growth in PE Pipe Segment
Time Technoplast, a polymer product manufacturer, is expanding its polyethylene (PE) pipe business with a new product line for gas distribution. The company is investing Rs 8 crore in this venture, expecting to see benefits from Q2 FY2025-26. This move aligns with India's infrastructure development and the growing global PE pipe market, projected to reach $13.7 billion by 2029. Time Technoplast forecasts 30% growth in its PE pipe segment and plans to leverage its existing infrastructure and clientele of over 20 gas distribution companies. The expansion supports national initiatives like PM Ujjwala Yojana and Smart City projects.
Time Technoplast
211.49
+1.85
(+0.88%)
1 Year Returns:+4.59%
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