TickerSutra

NSE: TIMETECHNO · BSE: 532856 · ISIN INE508G01029

Time Technoplast Limited stock analysis

Time Technoplast Limited ranks #986 in the TickerSutra evidence-ranked universe with a score of 58/100 and 95% data confidence. The latest captured fundamentals show ROCE of 16.7%, quarterly sales growth of 25.1% and quarterly profit growth of 22.2%.
Complete evidence gate watch governance reviewUpdated 29 Sept 2026
TICKERSUTRA SCORE58/100

Monitor only

#986 of 5,430 ranked equities
Market capitalisation₹9,270.03cr
ROCE16.7%
Quarterly sales growth25.1%
Quarterly profit growth22.2%
P/E ratio18.9×
Promoter pledge0.0%

INVESTMENT EVIDENCE

What supports—and challenges—the thesis

Evidence in favour

  • Low debt/equity of 0.18×
  • Institutional ownership is rising
  • CWIP indicates an active capacity pipeline
  • No promoter shares are reported as pledged

Risks and constraints

  • CFO/EBITDA is below 0.6×

Still unresolved: Related-party exposure · Broad media sentiment

FINANCIAL TRAJECTORY

Recent operating history

PeriodRevenueOperating profitNet profitOperating margin
2022₹3,650cr₹506cr₹192cr14.0%
2023₹4,289cr₹577cr₹224cr13.0%
2024₹4,992cr₹691cr₹316cr14.0%
2025₹5,457cr₹785cr₹394cr14.0%
2026₹6,105cr₹892cr₹477cr15.0%
TTM₹6,445cr₹922cr₹498cr14.0%
Debt / equity0.18×
CFO / EBITDA0.26×
Operating margin14.0%
Free cash flow₹-137cr
Sales CAGR · 3Y12.5%
Profit CAGR · 3Y28.7%

EXCHANGE EVENT TRIGGERS

Latest corporate disclosures

0 positive catalysts0 negative catalysts9 routine filings

MANAGEMENT COMMENTARY

Signals from filed documents

Export growthHigh severity · 1 mention
Positive catalyst

Supplies to domesc original equipment manufacturers increased 16.3% to ₹6.63 lakh crore, while the aermarket expanded 9% to ₹1.08 lakh crore. Exports grew 5% to USD 24 billion, although imports increased 13% to USD 25.4 billion because of connued demand for advanced 38 technologies and specialised components. The industry has more than doubled in size over the past five years, registering a CAGR of approximately 17

Product approvalsHigh severity · 1 mention
Positive catalyst

Such efforts help the Company achieve its targets more effecvely and within a shorter me frame, while delivering improved quality products. This has also enhanced the Company's overall development capabilies, supported by its in­house R&D team of over 30 professionals with a combined experience of 450+ years, which connues to work on new product approvals, including for hydrogen, fire exnguishers, air receiver tank

Market share gainHigh severity · 1 mention
Positive catalyst

Driven by a relentless pursuit of excellence in innovaon, superior quality, and unparalleled customer sasfacon, Time Tech has connuously evolved, solidifying its posion as a forerunner in the polymer products industry. Its strategic focus on sustainable growth, coupled with an enduring commitment to technological advancements, underscores the company’s success in driving transformave changes across its diverse

Capacity expansion plansHigh severity · 10 mentions
Positive catalyst

It is a testament to the strength of the Company's long­standing customer relaonships, its balanced sourcing policy and prudent risk­migaon measures that it not only navigated these headwinds but converted them into a plaorm for record growth. The Board is pleased to report that the Company connued to strengthen its posion as a leading global manufacturer of polymer and composite products ­ powered by a growing

Margin expansionModerate severity · 2 mentions
Positive catalyst

TimeTech is also developing higher­capacity cylinders and applicaon­specific soluons aimed at improving usability, efficiency and safety. These iniaves are expected to strengthen the contribuon of value­ added products, support margin improvement and enhance capital efficiency. Building on its established composite­cylinder experse, the Company is well posioned to scale emerging applicaons and create sustainable l

Export market updatesModerate severity · 3 mentions
Constructive

Capex 25.06% 14.24% a) Investment in greenfield recycling infrastructure strengthened backward integraon and supported increased use of recycled raw material in the Company's packaging products, in line with its circular economy and Post­ Consumer Recycled (PCR) material adopon goals. b) Power Purchase Agreements for renewable/solar energy facilitated the transion to green energy, reducing reliance on convenonal e

Regulatory approvalModerate severity · 24 mentions
Positive catalyst

Government iniaves such as PMUY and PAHAL, together with India’s large domesc LPG consumer base, are expected to support long­term demand. The Company remains focused on expanding its internaonal customer base, securing regulatory approvals in new markets and strengthening its posion in next­generaon LPG storage soluons.  Compressed Natural Gas (CNG) The global CNG market is expanding as governments and fleet

Regulatory updatesModerate severity · 43 mentions
Constructive

Government iniaves such as PMUY and PAHAL, together with India’s large domesc LPG consumer base, are expected to support long­term demand. The Company remains focused on expanding its internaonal customer base, securing regulatory approvals in new markets and strengthening its posion in next­generaon LPG storage soluons.  Compressed Natural Gas (CNG) The global CNG market is expanding as governments and fleet

HOW TO READ THIS PAGE

Evidence, freshness and limitations

What does the TickerSutra score mean?

The score ranks captured evidence across financial quality, growth, moat and margins, regulatory catalysts, governance, institutional trend and valuation comfort. It is a research-prioritization tool—not a buy recommendation or price target.

Which sources support this page?

Financial history, ownership and pledge data, NSE and BSE filings, annual reports and available earnings-call transcripts are combined here. Use the source trail and original exchange document before relying on a decision-critical fact.

Why can an item be unresolved?

Unresolved means the current captured source window did not provide enough evidence for that check. It does not establish that a risk or relationship is absent.

Maintained by TickerSutra Research · Snapshot updated 29 Sept 2026 · Read the methodology · Read the disclaimer

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