Time Technoplast

Q1 FY27Industrial Products

Time Technoplast Q1 FY27 Results & Concall Highlights: Revenue, Margins & Order Book

Q1 FY27 earnings call: what management guided on revenue, margins and order book.

Price₹185

Market cap₹9.3K Cr

P/E18.9

Updated25 Aug 2026

Read4 min read

The short version

Volume growth target: Above 15% annually over the next 3-4 years. Volume growth is expected to be above 15% annually, supporting sustained revenue increase.

From Time Technoplast's Q1 FY27 earnings-call transcript · updated 25 Aug 2026.

Revenue & Sales Performance

Volume growth target: Above 15% annually over the next 3-4 years.
Sales distribution across quarters: 22% in Q1, 24% in Q2, 26% in Q3, and 28% in Q4; about 45% sales in the first half and 55% in the second half.
Segment-wise growth:
- Composite products: 25%-30% growth expected, higher margin segment.
- PE pipes: 20%-25% growth, with 35%-40% sales in first half and 60%-65% in second half, peak in last quarter.
- Packaging: 11%-13% growth predicted.
- Other products: 10%-12% growth.
Overall, total revenue growth depends on raw material price stabilization, but volume growth remains robust.
Confirmed packaging orders for current calendar year around INR400 crores.
Capex planned: INR350 crores for FY27 to support growth and expansion.
Guidance unchanged for growth, margin, and PAT targets for next 3 years.

Profitability & Margins

Volume growth is expected to be above 15% annually, supporting sustained revenue increase.
EBITDA growth anticipated at 19% to 20%, driven by operational efficiencies, automation, cost savings in power, manpower, and finance costs.
PAT growth projected at 23% to 24%, reflecting improved margins and debt reduction.
Capex of around INR 350 crores planned for FY27, focused on capacity expansion, automation, and consolidation, with normal capex stabilizing at INR 200-250 crores thereafter.
Target to improve ROCE by 1.75% annually, reaching 24% in 3 years (from 19% in March 2026).
Growth driven by key segments: composite products (25-30%), PE pipes (20-25%), packaging (11-13%), and others (10-12%).
Overseas business (35% of revenue) expected to continue robust growth despite global uncertainties.
Company committed to fulfilling growth, margin, and PAT guidance for next 3 years.

See what Time Technoplast said on profitability & margins — free account, 30 seconds.

Capital Expenditure Plans

Planned capex of INR 350 crores for FY27 focused on consolidation of products and units, brownfield expansion, and automation.
Post FY27, annual capex expected around INR 200-250 crores (including INR 100 crores maintenance) to support 15% growth.
New plant in Dhule (PE pipe) to start commercial production from Q2 FY27.
Expansion projects in Gujarat (Sanand), Odisha, Maharashtra (Chiplun), and overseas locations including Georgia (USA) and Saudi Arabia underway or planned.
Continued focus on green energy conversion, including solar power use, targeting INR 12 crores savings this year and INR 35 crores next year in power costs.
Acquisition strategy is cautious; current acquisition (Ebullient Packaging Pvt Ltd) under review pending war situation stabilization.
Exploring inorganic growth and higher ROCE investment opportunities; possibility of share buybacks also considered.

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Ranked on what management guided this quarter

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Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.

Fundraising & Capital Structure

No specific new fundraising through debt or equity is mentioned currently.
The company is mostly debt-free overall, with some country-wise borrowing and non-fund-based bank guarantees continuing.
Cost of funds is around 8.5% in India and 6.5% overseas, with 70% borrowings in India and 30% overseas.
The company has unutilized QIP proceeds of INR342 crores kept in fixed deposits earning interest.
Management is exploring deployment options for surplus funds, including possible inorganic growth or strategic investments.
There is a mention of potential share buyback from FY27 onwards to enhance shareholder returns.
Capex plans of around INR350 crores for FY27 and normal capex of INR200-250 crores thereafter, funded from operations and existing resources.
Any future fundraising or investment will be discussed with the board and investors based on opportunities and market conditions.

See what Time Technoplast said on fundraising & capital structure — free account, 30 seconds.

Order Book & Pipeline

The company has a robust order book of approximately INR 185 crores, reflecting strong demand momentum in the composite product segment (Page 3).
Confirmed packaging orders for the current calendar year stand at approximately INR 400 crores, covering both domestic and international markets (Page 3).
In the PE pipes segment, orders are in hand with confirmed demand expected to lead to more than 20% growth in the year, showing strong future sales visibility (Page 13).
The company expects good demand in August and September with 75% capacity utilization anticipated in the PE pipes business (Page 13).

Time Technoplast — Quarterly revenue & net profit

Revenue Net profit

Dec 2024

Mar 2025

Jun 2025

Sep 2025

Dec 2025

Mar 2026

Reported quarterly figures (₹ Cr). Latest: revenue ₹1.7K Cr, net profit ₹134 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.

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What Time Technoplast Ltd's management said in earlier quarters

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Simplex Castings Ltd (Q1 FY27)
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Frequently Asked Questions

What were Time Technoplast Q1 FY27 results?

Volume growth target: Above 15% annually over the next 3-4 years. Volume growth is expected to be above 15% annually, supporting sustained revenue increase.

What is Time Technoplast share price analysis?

Time Technoplast currently shows a neutral. The stock trades at a P/E of 18.9 with a market cap of ₹9,255 Cr. Investors should review the full earnings analysis for detailed insights.

Is Time Technoplast planning capital expenditure?

Planned capex of INR 350 crores for FY27 focused on consolidation of products and units, brownfield expansion, and automation.

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This analysis is AI-generated based on publicly available earnings data and concall transcripts. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.