Time Technoplast Q1 FY27 Share Price & Earnings Call Analysis
- Market cap
- ₹7,817 Cr
- P/E
- 15.96
- ROE
- 13.14%
- PEG
- 0.58
- Price to sales
- 1.20
- Debt to equity
- 0.18
- 52W high / low
- ₹216 / ₹155
- Sales growth (5Y)
- 15.23%
- EBITDA margin
- 14.30%
- Net profit margin
- 7.64%
- Promoter holding
- 47.47%
- Sales (last year)
- ₹6,445 Cr
Time Technoplast is a multinational conglomerate involved in the manufacturing of technology and innovation driven polymer & composite products.(Source : 202003-01 Annual Report Page No:74)
Guidance scorecard · Q1 FY27 call
What Time Technoplast Ltd's management guided
and where it ranks in Industrial Products
RevenueQ4 FY26 call
40%+- Targeting 15% volume growth per annum on a consolidated basis.
- Composite products expected to grow over 25%, outpacing overall growth.
- Overall sales estimated to increase from INR600 crores to over INR750 crores, a 25%+ growth projection for the year.
- Value-added products recorded 18% growth in FY '26; contribution increased to 29% of total sales.
- New product developments (hydrogen cylinders, fire extinguishers, air receiver tanks) expected to fuel future growth.
2 more points from Time Technoplast Ltd's call on revenue
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MarginsQ4 FY26 call
FlatSee what Time Technoplast Ltd said on margins — free account, 30 seconds.
CapexQ4 FY26 call
Planned- Investment in automation and re-engineering targeting 1.5% to 2% annual ROCE improvement.
- Completion of ongoing investments expected by September FY '27.
- Expansion projects in FY '27 include units for PE pipes (Sanand, Gujarat; Cuttack, Odisha), Packaging products (Chiplun, Maharashtra), recycling units planned in North and South India, and packaging plant in Saudi, Dammam.
- Target to increase green energy use to 75% of power consumption over next 2 years through solar partnerships.
FundraisingQ4 FY26 call
PlannedSee what Time Technoplast Ltd said on fundraising — free account, 30 seconds.
Order bookQ4 FY26 call
Rising- Composite and packaging business order book in India and overseas is over INR 900 crores.
- Growth in composite products expected to exceed 25% due to expansion and new product development.
- Overall order book spread includes value-added products contributing INR 1,741 crores (~29% of revenue) in FY '26.
2 more points from Time Technoplast Ltd's call on the order book
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Ranges are what management guided for revenue growth and margins on the latest earnings call. Not investment advice, and not a forecast of returns.
Potential multibaggers · Q2 FY27
Potential multibaggers in Industrial Products
on management's own guidance
- Strong growth2
- Strong growth1
- Strong growth3
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Peers
Industrial Products companies ranked on guidance
| # | Company | Revenue guided | Margin guided | Market cap | P/E |
|---|---|---|---|---|---|
| 1 | 40%+ | Up 2%+ | ₹532 Cr | 21.2 | |
| 2 | 40%+ | Up 2%+ | ₹450 Cr | 13.2 | |
| 3 | 40%+ | Up 2%+ | ₹371 Cr | 26.1 | |
| 4 | 40%+ | Up 0–2% | ₹1,340 Cr | 32.9 | |
| 5 | 40%+ | Up 0–2% | ₹1,196 Cr | 14.1 | |
| 6 | 40%+ | Flat | ₹966 Cr | 25.0 |
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Pro shows every company guiding 40%+ revenue growth →Full Industrial Products rankingTime Technoplast Ltd announcements
All announcements →- Acquisition / mergerNotableTime Technoplast board approves TPL Plastech merger, subject to approvals
- Acquisition / mergerNotableTime Technoplast board approves merger of TPL Plastech; Appointed Date April 1, 2026
- Acquisition / mergerNotableTime Technoplast Ltd announces Board Meeting to approve merger scheme with TPL Plastech
Financials of Time Technoplast Ltd
Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of Time Technoplast Ltd
Quarterly Results
Quarter-by-quarter operating performance
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 1,192 | 1,079 | 1,194 | 1,325 | 1,394 | 1,230 | 1,371 | 1,388 | 1,469 | 1,353 | 1,511 | 1,565 | 1,677 |
| Expenses + | 1,023 | 932 | 1,027 | 1,134 | 1,208 | 1,056 | 1,174 | 1,187 | 1,255 | 1,158 | 1,288 | 1,331 | 1,436 |
| Operating Profit | 169 | 147 | 167 | 191 | 186 | 174 | 196 | 201 | 214 | 195 | 223 | 234 | 241 |
| OPM % | 14% | 14% | 14% | 14% | 13% | 14% | 14% | 14% | 15% | 14% | 15% | 15% | 14% |
| Other Income + | 1 | 1 | 0 | 2 | 11 | 1 | 1 | 2 | 2 | 1 | 1 | 2 | 5 |
| Interest | 33 | 26 | 25 | 25 | 25 | 24 | 23 | 22 | 22 | 22 | 22 | 19 | 18 |
| Depreciation | 45 | 45 | 46 | 42 | 40 | 41 | 42 | 43 | 44 | 45 | 46 | 46 | 47 |
| Profit before tax | 92 | 76 | 96 | 126 | 133 | 110 | 133 | 137 | 150 | 129 | 157 | 171 | 181 |
| Tax % | 29% | 25% | 25% | 26% | 29% | 27% | 25% | 25% | 25% | 25% | 25% | 25% | 26% |
| Net Profit + | 65 | 57 | 71 | 93 | 94 | 80 | 100 | 102 | 112 | 97 | 117 | 129 | 134 |
| EPS in Rs | 1.41 | 1.24 | 1.56 | 2.02 | 2.03 | 1.75 | 2.17 | 2.22 | 2.41 | 2.10 | 2.54 | 2.56 | 2.67 |
Financials of Time Technoplast Ltd
Profit & Loss
Annual income statement trend
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 2,447 | 2,396 | 2,755 | 3,103 | 3,564 | 3,578 | 3,005 | 3,650 | 4,289 | 4,992 | 5,457 | 6,105 |
| Expenses + | 2,108 | 2,048 | 2,350 | 2,630 | 3,040 | 3,079 | 2,618 | 3,144 | 3,712 | 4,302 | 4,672 | 5,213 |
| Operating Profit | 339 | 348 | 404 | 473 | 524 | 499 | 387 | 506 | 577 | 691 | 785 | 892 |
| OPM % | 14% | 15% | 15% | 15% | 15% | 14% | 13% | 14% | 13% | 14% | 14% | 15% |
| Other Income + | 4 | 22 | 2 | 2 | 3 | 2 | 4 | 3 | 4 | 14 | 5 | 9 |
| Interest | 104 | 96 | 90 | 88 | 99 | 108 | 98 | 92 | 105 | 101 | 92 | 80 |
| Depreciation | 87 | 99 | 116 | 137 | 146 | 156 | 151 | 157 | 171 | 173 | 170 | 183 |
| Profit before tax | 150 | 174 | 201 | 250 | 282 | 237 | 142 | 259 | 305 | 431 | 529 | 638 |
| Tax % | 25% | 19% | 25% | 26% | 26% | 26% | 26% | 26% | 27% | 27% | 25% | 25% |
| Net Profit + | 113 | 142 | 151 | 185 | 209 | 175 | 106 | 192 | 224 | 316 | 394 | 477 |
| EPS in Rs | 2.61 | 3.29 | 3.25 | 3.99 | 4.48 | 3.74 | 2.29 | 4.16 | 4.84 | 6.84 | 8.55 | 9.50 |
| Dividend Payout % | 10% | 8% | 10% | 10% | 10% | 13% | 15% | 12% | 13% | 15% | 15% | 16% |
Financials of Time Technoplast Ltd
Balance Sheet
Capital structure and asset base
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 21 | 21 | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 49 |
| Reserves | 1,016 | 1,147 | 1,304 | 1,461 | 1,647 | 1,792 | 1,880 | 2,050 | 2,247 | 2,530 | 2,869 | 4,039 |
| Borrowings + | 804 | 746 | 722 | 777 | 840 | 890 | 863 | 906 | 900 | 829 | 732 | 733 |
| Other Liabilities + | 493 | 505 | 523 | 632 | 691 | 659 | 538 | 626 | 660 | 732 | 775 | 817 |
| Total Liabilities | 2,334 | 2,420 | 2,571 | 2,892 | 3,200 | 3,364 | 3,304 | 3,604 | 3,829 | 4,114 | 4,399 | 5,639 |
| Fixed Assets + | 1,154 | 1,147 | 1,100 | 1,200 | 1,279 | 1,349 | 1,281 | 1,314 | 1,383 | 1,368 | 1,373 | 1,435 |
| CWIP | 43 | 71 | 87 | 94 | 98 | 81 | 40 | 70 | 68 | 41 | 79 | 230 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 3 | 6 |
| Other Assets + | 1,138 | 1,202 | 1,384 | 1,598 | 1,822 | 1,934 | 1,983 | 2,220 | 2,379 | 2,703 | 2,943 | 3,968 |
| Total Assets | 2,334 | 2,420 | 2,571 | 2,892 | 3,200 | 3,364 | 3,304 | 3,604 | 3,829 | 4,114 | 4,399 | 5,639 |
Financials of Time Technoplast Ltd
Cash Flows
Operating, investing and financing cash movement
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 269 | 289 | 188 | 303 | 281 | 301 | 257 | 291 | 370 | 406 | 431 | |
| Cash from Investing Activity + | -98 | -120 | -212 | -244 | -231 | -138 | -105 | -179 | -216 | -187 | -147 | |
| Cash from Financing Activity + | -172 | -167 | 19 | -51 | -58 | -148 | -151 | -104 | -154 | -197 | -249 | |
| Net Cash Flow | -0 | 1 | -5 | 8 | -7 | 16 | 1 | 8 | 1 | 22 | 35 | |
| Free Cash Flow | 172 | 173 | -24 | 59 | 51 | 164 | 155 | 104 | 147 | 251 | 275 | |
| CFO/OP | 87% | 92% | 56% | 75% | 65% | 73% | 75% | 68% | 76% | 72% | 70% |
Financials of Time Technoplast Ltd
Ratios
Working capital efficiency and return ratios
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 69 | 75 | 77 | 79 | 80 | 84 | 97 | 87 | 80 | 79 | 78 | 87 |
| Inventory Days | 102 | 104 | 104 | 109 | 107 | 110 | 132 | 129 | 117 | 107 | 108 | 111 |
| Days Payable | 67 | 70 | 66 | 74 | 69 | 65 | 56 | 55 | 48 | 45 | 42 | 37 |
| Cash Conversion Cycle | 104 | 110 | 115 | 113 | 118 | 130 | 173 | 161 | 150 | 141 | 143 | 161 |
| Working Capital Days | 19 | 26 | 53 | 61 | 65 | 81 | 111 | 104 | 96 | 93 | 106 | 127 |
| ROCE % | 13% | 14% | 14% | 15% | 16% | 13% | 9% | 12% | 13% | 16% | 17% | 17% |
Guidance history
How Time Technoplast Ltd's guidance has moved, call by call
| Call | Revenue | Margins | Capex | Fundraising | Order book |
|---|---|---|---|---|---|
| Q4 FY26 call → | 40%+ | Flat | Planned | Planned | Rising |
| Q3 FY26 call → | 10–20% | Up 0–2% | Planned | None planned | Rising |
What management guided on each call, newest first. Not investment advice, and not a forecast of returns.
Momentum score · price trend
13 out of 100 — Cooling
Over the past year its share price has done worse than most of the stocks we track.
| Period | Share price change | Better than … of 1,910 stocks |
|---|---|---|
| Last 12 months | −23.7% | 33% |
| Last 6 months | −17.7% | 25% |
| Last 3 months | −23.9% | 13% |
The price is 35.6% below its all-time high of ₹246.75 (13 Dec 2024). Stocks more than 20% below their peak have their score halved, so 26 became 13.
How we calculate it
“Better than 30%” means that over that period the share price did better than 30 out of every 100 stocks we track (1,910 Indian companies worth ₹500 Cr or more, with at least a year of prices).
The score weighs the longer periods more: 40% × 12-month + 40% × 6-month + 20% × 3-month. For Time Technoplast Ltd: 0.4 × 33 + 0.4 × 25 + 0.2 × 13 = 26, halved to 13 because the price is more than 20% below its all-time high.
Strengthening is 70 and above, Steady 40 to 70, Cooling below 40. Scores are recalculated every night after the market closes.
Full methodology →This describes only how the share price has moved up to 30 Oct 2026, compared with other stocks. It says nothing about the business, and it is not a prediction, a price target or a recommendation to buy or sell.
Continue your research
What Time Technoplast Ltd's management said in earlier quarters
- Q1 FY27 earnings call analysis →
- Q3 FY26 earnings call analysis →
- Q4 FY25 earnings call analysis →
- Q1 FY26 earnings call analysis →
- Q2 FY26 earnings call →
- Q3 FY25 earnings call →
- Q2 FY25 earnings call →
- Q1 FY25 earnings call →
- Q4 FY24 earnings call →
- Q3 FY24 earnings call →
- Q2 FY24 earnings call →
- Q1 FY24 earnings call →
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