Time Technoplast
Stock Snapshot
Price Performance
Vista Outlook
View Technicals Analysis →Basis of our Recommendation
Time Technoplast's management has expressed a confident outlook, driven by operational excellence and a strategic focus on higher-margin value-added products, particularly in the composite segment. The company is leveraging its B2B pricing model and automation initiatives to mitigate inflationary pressures, while also consolidating manufacturing units to enhance efficiency. Vista's financial outlook reflects stable revenue growth and margins, supported by a robust order book and strategic capacity expansions, including new composite and recycling plants. Despite geopolitical tensions affecting raw material costs, the company's disciplined capital allocation and focus on operational leverage position it well for long-term growth. The packaging industry is experiencing a mixed environment, with strong demand for sustainable solutions but ongoing supply chain disruptions. Over the next 12-24 months, key opportunities include scaling the composite cylinder business and expanding into new markets, while watchpoints include potential margin volatility from raw material price fluctuations and geopolitical uncertainties
Why We Like This Stock
- Management's focus on higher-margin value-added products is expected to enhance profitability
- Strong order book visibility and strategic capacity expansions support revenue growth
- Operational efficiencies through automation and consolidation are likely to protect margins
Things To Watch Out For
- Geopolitical tensions may lead to raw material cost volatility and project delays
- Competitive pricing pressures could limit margin expansion in the packaging sector
- Supply chain disruptions continue to pose risks to operational stability and cost management
Key Parameters
Financial Snapshot
| Actuals | Forecast | ||||
|---|---|---|---|---|---|
| FY24 | FY25 | FY26 | FY27 | FY28 | |
| Revenue (Cr.) | 4,992 | 5,457 | 6,105 | 6,819 | 7,598 |
| Profit Before Tax (Cr.) | 420 | 528 | 638 | 697 | 793 |
| PBT Margin | 8.4% | 9.7% | 1045.0% | 10.2% | 10.4% |
| Net Profit (Cr.) | 308 | 393 | 477 | 523 | 585 |
| Earnings Per Share | 6.1 | 7.8 | 9.5 | 10.4 | 11.8 |
Analyst Recommendations
| Broker | Recommendation | Target Price | Date |
|---|---|---|---|
| Motilal Oswal | ▲ Buy | 280 | 10-Aug-2026 |
Company Overview
Show Company Profile
Time Technoplast Limited manufactures and sells polymer products in India. It operates in two segments, Polymer and Composite. The company offers industrial packaging products under TECHPACK brand, including drums; containers; pails; PET sheets; jerry cans used in chemicals, FMCG, and other industries; infrastructure solutions, such as high-density polyethylene (HDPE) pipes under Max'M brand used in water supply, drainage and sewage, power dust, etc.; and valve-regulated lead-acid (VRLA) batteries under MaxLife brand supplied to railways and solar industries; as well as DWC pipes and energy storage devices. It also provides technical and lifestyle products, including turf solutions under Duro Wipe, Duro Soft, Duro Turf, and Duro Comfort brands; matting solutions under Meadowz brand; and disposal bins under Dumpo Bins brand; as well as moulded furniture that includes sofas, five position reclining chairs, monoblocs, executive and baby chairs, chairs with writing desk, tables, trolleys, and stools under Regal brand name for use in homes, hotels, restaurants, hospitals, clubs, airlines, auditoriums, and tent houses. In addition, the company offers auto components, such as deaeration/radiator tanks under Tech DAT brand; spray suppression systems under 3S Rainflaps brand; fuel tanks under TechTank brand name; and air ducts. Further, the company provides value-added products, including composite cylinders, comprising LiteSafe LPG cylinders, NEX-G CNG cascades, and cylinders for hydrogen and oxygen; MOX which include cross laminated films, bags, and raincoats under Techpaulin brand; and intermediate bulk containers under GNX brand; as well as provides hi-tech products, such as DEF (urea), composite air, and hydraulic oil tanks. Additionally, it offers material handling products comprising crates and pallets; and kavach face shields. Time Technoplast Limited was incorporated in 1989 and is headquartered in Mumbai, India.