Time Technoplast Unveils Ambitious Growth Targets for FY26 Aug 13, 2025
Time Technoplast Reports Strong Q1 Results, Targets 20% Growth Over Next 3 Years Aug 11, 2025
Time Technoplast Announces 1:1 Bonus Share Issue and Reports Strong Q1 Results Aug 11, 2025
More news about Time Technoplast
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.
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.