MarketFriction

Time Technoplast Ltd

NSE TIMETECHNO · BSE 532856 · Plastic Products - Industrial
₹179.68 -1.47%
NSE close2026-10-01
52 week range154.00 - 227.50
Market cap₹9,079 Cr.
P/E18.5
Microcap 250 Price band 20% Delivery 38.8%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Consolidated, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales1,1941,3251,3941,2301,3711,3881,4691,3531,5111,5651,6771,693
Expenses1,0271,1341,2081,0561,1741,1871,2551,1581,2881,3311,4361,468
Operating Profit167191186174196201214195223234241224
OPM %14%14%13%14%14%14%15%14%15%15%14%13%
Other Income0211112211251
Interest252525242322222222191817
Depreciation464240414243444546464751
Profit before tax96126133110133137150129157171181158
Tax %25%26%29%27%25%25%25%25%25%25%26%25%
Net Profit7193948010010211297117129134118
EPS in Rs1.562.022.031.752.172.222.412.102.542.562.672.35
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales2,3962,7553,1033,5643,5783,0053,6504,2894,9925,4576,1056,445
Expenses2,0482,3502,6303,0403,0792,6183,1443,7124,3024,6725,2135,524
Operating Profit348404473524499387506577691785892922
OPM %15%15%15%15%14%13%14%13%14%14%15%14%
Other Income22223243414599
Interest969088991089892105101928075
Depreciation99116137146156151157171173170183190
Profit before tax174201250282237142259305431529638666
Tax %19%25%26%26%26%26%26%27%27%25%25%
Net Profit142151185209175106192224316394477498
EPS in Rs3.293.253.994.483.742.294.164.846.848.559.5010.12
Dividend Payout %8%10%10%10%13%15%12%13%15%15%16%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth10%15%12%16%
Compounded Profit Growth13%35%28%21%
Stock Price CAGR14%39%35%-12%
Return on Equity11%12%13%13%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital212123232323232323232349
Reserves1,0161,1471,3041,4611,6471,7921,8802,0502,2472,5302,8694,039
Borrowings804746722777840890863906900829732733
Other Liabilities493505523632691659538626660732775817
Total Liabilities2,3342,4202,5712,8923,2003,3643,3043,6043,8294,1144,3995,639
Fixed Assets1,1541,1471,1001,2001,2791,3491,2811,3141,3831,3681,3731,435
CWIP4371879498814070684179230
Investments000000000236
Other Assets1,1381,2021,3841,5981,8221,9341,9832,2202,3792,7032,9433,968
Total Assets2,3342,4202,5712,8923,2003,3643,3043,6043,8294,1144,3995,639
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity269289188303281301257291370406431233
Cash from Investing Activity-98-120-212-244-231-138-105-179-216-187-147-446
Cash from Financing Activity-172-16719-51-58-148-151-104-154-197-249624
Net Cash Flow-01-58-7161812235411
Free Cash Flow172173-245951164155104147251235-137
CFO/OP87%92%56%75%65%73%75%68%76%72%70%41%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days697577798084978780797887
Inventory Days102104104109107110132129117107108111
Days Payable677066746965565548454237
Cash Conversion Cycle104110115113118130173161150141143161
Working Capital Days192653616581111989693106127
ROCE %13%14%14%15%16%13%9%12%13%16%17%17%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters51.69%51.51%51.56%51.56%51.56%51.56%51.62%51.62%51.62%47.51%47.57%47.57%
FIIs5.96%5.70%6.18%6.78%6.69%7.65%8.07%8.29%8.41%11.66%10.88%8.54%
DIIs9.95%10.42%10.93%10.97%12.87%13.20%12.99%12.92%13.18%16.70%17.37%17.56%
Public32.39%32.37%31.32%30.67%28.88%27.60%27.32%27.16%26.79%24.13%24.18%26.33%
No. of Shareholders73,77974,10978,6321,02,5311,10,9831,22,3331,27,6051,37,3451,44,3201,49,6551,36,9621,40,298

Fundamentals

Market Cap₹ 9,079 Cr.
Current Price₹ 184
Stock P/E18.5
Book Value₹ 82.8
ROCE16.5 %
ROE13.1 %
Dividend Yield0.82 %
Face Value₹ 1.00
Compounded Sales Growth (TTM)16%
Compounded Profit Growth (TTM)21%
Consolidated figures.
Valuation
Market capRs 8,870 Cr
Enterprise valueRs 9,024 Cr
P/E (TTM)18.11x
Price to book2.17x
Price to sales1.38x
EV / EBITDA9.69x
EV / EBIT12.17x
EV / sales1.40x
Price to cash flow38.03x
Earnings yield5.52%
Dividend yield0.83%
P/E, 3-year average12.68x
P/B, 3-year average1.55x
P/E, 5-year average9.17x
P/B, 5-year average1.08x
Profitability
Operating margin (excl. other income)14.61%
Operating margin (incl. other income)14.76%
EBITDA margin14.44%
Pre-tax margin10.34%
Net profit margin7.60%
Net margin, latest quarter6.87%
ROE13.43%
ROCE17.00%
ROA9.34%
ROE, 3-year average13.52%
ROCE, 3-year average16.99%
ROA, 3-year average8.76%
ROE, 5-year average12.02%
ROCE, 5-year average15.31%
ROA, 5-year average7.52%
ROIC (approx.)13.05%
Tax rate25.32%
Other income / net worth0.23%
Growth
Sales growth (latest year)11.88%
Profit growth (latest year)20.82%
Sales CAGR, 3 years12.49%
Sales CAGR, 5 years15.23%
Profit CAGR, 3 years28.86%
Profit CAGR, 5 years35.29%
Sales growth QoQ0.96%
Profit growth QoQ-11.85%
Sales growth YoY (latest quarter)25.14%
Profit growth YoY (latest quarter)22.21%
Per share
EPS (TTM)Rs 9.92
EPS (latest year)Rs 9.50
EPS (latest quarter)Rs 2.35
EPS, 3-year averageRs 13.42
EPS, 5-year averageRs 11.65
Book value per shareRs 82.82
Sales per shareRs 130.57
Cash flow per shareRs 4.72
Free cash flow per shareRs -2.78
Dividend per share (latest year)Rs 1.50
Dividend per share, 3-year averageRs 2.00
Dividend per share, 5-year averageRs 1.65
Dividends
Dividend payout15.80%
Dividend payout, 3-year average15.01%
Dividend payout, 5-year average13.99%
Efficiency
Asset turnover1.08x
Fixed asset turnover4.25x
Inventory turnover3.49x
Inventory days105 days
Debtor days87 days
Debtors turnover4.20x
Creditor days37 days
Cash conversion cycle161 days
Working capital days127 days
Leverage
Total debtRs 733 Cr
Cash and bankRs 580 Cr
Net debtRs 154 Cr
Debt to equity0.18x
Net debt / EBITDA0.17x
Interest coverage9.91x
Current ratio (filing 2026-03-31)3.51x
Quick ratio (filing 2026-03-31)2.28x
Trade payables (filing 2026-03-31)Rs 446 Cr
Owners' fund to total sources72.50%
Debt to assets13.01%
Cash flow
Cash from Operating Activity (latest year)Rs 233 Cr
Cash from Investing Activity (latest year)Rs -446 Cr
Cash from Financing Activity (latest year)Rs 624 Cr
Net Cash Flow (latest year)Rs 411 Cr
Free cash flow (latest year)Rs -137 Cr
FCFE (approx.: FCF + change in debt)Rs -136 Cr
Cash from ops / profit, 5 years1.08x
Sales to cash flow26.18x
Statement figures
Net sales (TTM)Rs 6,445 Cr
Net sales (latest year)Rs 6,105 Cr
Sales (latest quarter)Rs 1,693 Cr
Operating profit excl. other income (latest year)Rs 892 Cr
Operating profit (latest quarter)Rs 224 Cr
Other income (TTM)Rs 9 Cr
EBITDA (TTM)Rs 931 Cr
PBDT (TTM)Rs 856 Cr
Profit before tax (TTM)Rs 666 Cr
Tax (latest year)Rs 162 Cr
Net profit (TTM)Rs 490 Cr
Net profit (latest year)Rs 469 Cr
Net profit (latest quarter)Rs 116 Cr
Depreciation (TTM)Rs 190 Cr
Depreciation (latest quarter)Rs 51 Cr
Interest (TTM)Rs 75 Cr
Cost of goods sold (latest year)Rs 4,633 Cr
Total expenditure (latest year)Rs 5,213 Cr
Total income (latest year)Rs 6,114 Cr
Share capitalRs 49 Cr
ReservesRs 4,039 Cr
Shareholders' fundsRs 4,088 Cr
Total assetsRs 5,639 Cr
Net blockRs 1,435 Cr
Capital work in progressRs 230 Cr
InvestmentsRs 6 Cr
ReceivablesRs 1,452 Cr
InventoryRs 1,328 Cr
Other liabilitiesRs 817 Cr
Shares outstanding (crore)49.36
Ownership
Promoter holding47.57% (-4.05 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 18.1 is at the 51th percentile of its own 9.4-year range (median 17.8, low 3.0, high 39.2).
P/B 2.17 is at the 58th percentile (median 1.68).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
PeriodTIMETECHNONifty 50Difference
1 week+0.2%-2.8% +3.0 pts
1 month-5.7%-6.8% +1.1 pts
3 months-0.8%-7.6% +6.9 pts
6 months+13.4%+0.4% +13.0 pts
1 year-19.5%-9.9% -9.6 pts
2 years-11.7%-13.6% +1.9 pts
3 years+138.2%+14.2% +124.1 pts
5 years+407.3%+27.9% +379.4 pts
23 mutual fund schemes hold about ₹1,264 Cr. Over three months 2 bought more and 6 sold (share counts, price move removed).
FundWeightEst. Cr3m shares
Tata Small Cap Fund2.03%266 +0%
HSBC Small Cap Fund1.34%255 -2%
HDFC Balanced Advantage Fund0.21%225 +4%
Axis Small Cap Fund0.47%149 +21%
HSBC Value Fund0.63%97 +1%
HDFC Manufacturing Fund0.57%61 -2%
Tata Value Fund(Div Trig Opt B-10%)Pay0.65%56 +1%
Bandhan Small Cap Fund0.11%36 -12%
HSBC Multi Cap Fund0.57%35 -5%
HSBC Business Cycles Fund1.25%15 +1%
Bajaj Finserv Small Cap Fund0.57%15 -12%
Motilal Oswal Nifty Microcap 250 Index Fund0.51%13 -2%
HSBC Balanced Advantage Fund0.74%11 -22%
Edelweiss Equity Savings Fund(M0.50%8 -9%
Edelweiss Equity Savings Fund(M0.50%8 -9%
Kotak Rural Opportunities Fund0.93%7 +100%
Taurus Ethical Fund1.55%7 -4%
Groww Nifty Total Market Index Fund0.02%0 +1%
Angel One Nifty Total Market Index Fund0.02%0 +1%
Mirae Asset Nifty Total Market Index Fund0.02%0 +1%
Bandhan Nifty Total Market Index Fund0.02%0 +1%
Motilal Oswal BSE 1000 Index Fund0.02%0 +1%
Edelweiss Aggressive Hybrid Fund0.00%0 -100%

Red flags

F-score 4 of 8
No red flags in the latest statements and filings.
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Sales ₹1,693 Cr +25.1% vs Jun 2025. Net profit ₹118 Cr +21.6%.

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2026-09-15Dividend - Rs 1.50 Per Share
2025-09-23Bonus 1:10.5000
2025-09-04Dividend - Rs 2.50 Per Share
2024-09-20Annual General Meeting/Dividend - Rs 2 Per Share
2023-09-18Annual General Meeting/Dividend - Rs 1.25 Per Share
2022-09-20Annual General Meeting/Dividend - Re 1 Per Share
2021-09-21 Annual General Meeting/Dividend - Rs 0.70 Per Share
2020-09-21 Annual General Meeting/Dividend - Rs 0.95 Per Share
2019-09-19 Annual General Meeting/Dividend - Rs 0.90 Per Share
2018-09-12 Dividend Re 0.80 Per Share
2017-09-21 Annual General Meeting/Dividend - Rs 0.65 Per Share
2016-09-21 Annual General Meeting/Dividend - Re 0.55 Per Share
2015-09-16 Annual General Meeting/ Dividend - Re 0.50/- Per Share
2014-09-23Annual General Meeting And Dividend Re.0.45 Per Share
2013-09-17Annual General Meeting And Dividend Re.0.45 Per Share
2012-09-20Annual General Meeting/Dividend Re 0.45 Per Share
2011-09-15Annual General Meeting And Dividend Re.0.45 Per Share
2010-09-16Annual General Meeting And Final Dividend Re.0.40 Per Share
2009-09-10Agm/Div-Re.0.35 Per Share
2008-10-29Fv Split Rs.10/- To Re.1/Record Date Revised0.1000
2008-09-23Agm/Dividend - 30%
2007-09-20Agm
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.

Quick answers

What is the market cap of Time Technoplast Ltd?

Time Technoplast Ltd (TIMETECHNO) has a market capitalisation of Rs 9,079 Cr. at the 2026-10-01 close.

What is the P/E ratio of Time Technoplast Ltd?

Time Technoplast Ltd trades at a P/E of 18.5 on trailing twelve-month profit, at the 2026-10-01 close.

What were Time Technoplast Ltd's latest quarterly results?

In the Jun 2026 quarter, Time Technoplast Ltd sales was Rs 1,693 Cr (+25.1% vs Jun 2025) and net profit was Rs 118 Cr.

What is the 52-week high and low of Time Technoplast Ltd?

The 52-week high is Rs 227.50 and the 52-week low is Rs 154.00.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03