Time Technoplast Limited (TIMETECHNO) AI Stock Analysis

• Market Cap: ₹80.17B
• Dividend Yield: 0.67%
• Average Volume (3M): 76.39K
• Price to Earnings (P/E): 17.1
• Beta (1Y): 1.68
• Revenue Growth: 7.53%
• EPS Growth: 16.26%
• Country: IN
• Employees: 3,761
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Packaging & Containers
• EPS (TTM): 2.75
• Shares Outstanding: 493,635,380
• 10 Day Avg. Volume: 121,743
• 30 Day Avg. Volume: 76,390
• PEG Ratio: 1.02
• Price to Book (P/B): 3.36
• Price to Sales (P/S): 1.78
• P/FCF Ratio: 67.96
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): 14.7
• Revenue Forecast (FY): ₹60.65B

• Rating: 69 Neutral
• Price Target: ₹178.00 ▼(-9.39% Downside)
• Action: Reiterated Date: 10/24/25
• Date: Action: Reiterated 10/24/25

Time Technoplast Limited demonstrates strong financial performance with consistent revenue growth and improved profitability, which is the most significant factor in its overall score. However, the technical analysis indicates a bearish trend, and the valuation suggests the stock is moderately priced with a low dividend yield, which limits its attractiveness. The absence of earnings call data and notable corporate events means these factors do not influence the score.

Positive Factors

Consistent Revenue & Improving Margins

Sustained top-line growth and margin expansion over multiple years indicate durable product demand and improving operational efficiency. Higher net margin and steady gross margin support reinvestment, working capital needs and buffer against cyclical dips, strengthening long-term earnings power.

Stronger Balance Sheet and Lower Leverage

Material reduction in leverage and a healthy ROE reflect prudent capital management and lower financial risk. A stronger balance sheet increases strategic optionality for capex, exports or M&A, reduces refinancing stress in downturns and supports sustainable cash returns to stakeholders.

Positive Operating Cash Flow and Efficient Cash Conversion

Consistent positive operating cash flow and strong FCF-to-net-income show reliable cash generation from core operations. This underpins funding for maintenance capex, working capital and strategic investments without excessive external financing, supporting long-term financial resilience.

Negative Factors

Decline in Free Cash Flow Growth

A drop in FCF growth in 2025 signals potential stress in cash available for reinvestment, dividends or debt reduction if the trend persists. In a manufacturing business, sustained FCF erosion can constrain capacity expansion or force reliance on external funding, weakening financial flexibility.

Raw Material Price Exposure

High dependence on polymer/resin inputs makes margins sensitive to commodity price swings. If the firm cannot fully pass increased input costs to industrial customers, margin volatility will persist. This structural input-cost exposure is a recurring earnings risk across cycles.

Cyclicality of End Markets and Higher Sensitivity

Concentration in industrial end-markets ties revenue to cyclical capex and commodity cycles; an above-market beta indicates higher sensitivity to economic swings. Demand volatility can reduce utilization and pricing power, pressuring margins and earnings durability during downturns.

Time Technoplast Limited Business Overview & Revenue Model

Company Description

Time Technoplast Limited, together with its subsidiaries, manufactures and markets a range of technology-based polymer and composite products in India and internationally. It operates in two segments, Polymer and Composite. The company offers industrial packaging products, including drums and containers, such as narrow mouth polycans/drums, open top drums, XL-rings, medium packing products, and classic open top drums; conipails for inks, paints and distempers, chemicals, edible oils, greases, detergents, food and food products, and lubricating oils; and intermediate bulk containers, as well as value added services. It also provides lifestyle products comprising matting products; bins; and molded furniture, such as sofas, five position reclining chairs, monoblocs, executive and baby chairs, chairs with writing desk, tables, trolleys, and stools for use in homes, hotels, restaurants, hospitals, clubs, airlines, auditoriums and tent houses, and various other institutes; and automotive components, such as 3S rain flaps, deaeration tanks/radiator tanks, fuel tanks, and air ducts. In addition, the company offers material handling products consisting of plastic returnable transit packaging and material handling solutions, stackable containers, stack-nest containers, foldable small/large containers, plastic crates and pallets, and export pallets to retail, automotive, agriculture, processed food, apparel, pharmaceutical, FMCG, consumer durables, and logistics sectors. Further, it provides composite cylinders; and infrastructure products, including HDPE and DWC pipes, and energy storage devices, as well as techpaulin bags, raincoats, bike covers, and cross laminated films; and kavach face shield. Time Technoplast Limited was incorporated in 1989 and is headquartered in Mumbai, India.

How the Company Makes Money

The company makes money primarily by manufacturing and selling polymer-based industrial packaging products to business customers. Key revenue streams include: (1) Sale of industrial packaging units such as IBCs, plastic/HDPE drums, jerry cans, pails and other rigid containers used for storage and transportation of bulk and specialty liquids/chemicals; revenues are driven by order volumes, product mix (standard vs. specialized/UN-rated or high-performance packaging), and customer demand from end-user industries like chemicals, agrochemicals, lubricants, paints, and pharmaceuticals. (2) Sale of material-handling and industrial products made from polymers (where applicable in its portfolio), typically sold as manufactured goods through direct B2B sales and distribution channels. (3) Export sales in markets where the company supplies packaging and related products; export revenues depend on international demand and customer relationships. Earnings are influenced by raw material costs (polymer/resin prices), manufacturing utilization, and the company’s ability to pass through input cost changes via pricing, as well as long-term supply relationships with large industrial customers. Specific details on significant partnerships: null.

Time Technoplast Limited Financial Statement Overview

Summary

Time Technoplast Limited exhibits strong financial health with consistent revenue growth and improved profitability margins. The balance sheet demonstrates reduced leverage and solid equity management. While cash flows remain positive, attention to Free Cash Flow growth is necessary to sustain long-term financial stability.

Income Statement

Time Technoplast Limited has shown consistent revenue growth, with a notable increase from 36,498 million to 54,570 million over the last five years. The company maintains a healthy Gross Profit Margin, averaging around 25%. The Net Profit Margin has improved to 7.1% in 2025 from 3.4% in 2021, indicating enhanced profitability. EBIT and EBITDA margins are stable, reflecting strong operational efficiency.

Balance Sheet

The company's Debt-to-Equity ratio has decreased over the years, from 0.48 in 2021 to 0.25 in 2025, showing reduced leverage risk. Return on Equity improved to 13.4% in 2025, showcasing effective use of equity. The Equity Ratio has also been consistently strong, reflecting a sound balance sheet structure.

Cash Flow

Operating Cash Flow has been positive and relatively stable, though there was a decline in 2025 compared to 2024. The Free Cash Flow to Net Income ratio is robust, indicating efficient cash generation relative to net income. However, Free Cash Flow Growth was negative in 2025, suggesting a potential area for improvement.

Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	57.20B	54.57B	49.93B	42.89B	36.50B	30.05B
Gross Profit	14.20B	11.36B	13.66B	11.88B	9.00B	7.46B
EBITDA	8.38B	7.90B	7.05B	5.81B	4.98B	3.91B
Net Income	4.21B	3.88B	3.10B	2.19B	1.88B	1.03B
Balance Sheet
Total Assets	45.16B	43.99B	41.14B	38.29B	36.04B	33.04B
Cash, Cash Equivalents and Short-Term Investments	1.89B	1.78B	1.53B	1.01B	935.09M	863.70M
Total Debt	6.84B	7.32B	8.29B	9.00B	9.14B	8.72B
Total Liabilities	14.00B	14.37B	14.98B	15.02B	14.78B	13.53B
Stockholders Equity	30.43B	28.92B	25.53B	22.69B	20.73B	19.03B
Cash Flow
Free Cash Flow	1.54B	1.43B	2.25B	1.46B	1.03B	1.55B
Operating Cash Flow	2.72B	3.39B	4.06B	3.70B	2.91B	2.57B
Investing Cash Flow	-1.08B	-1.47B	-1.87B	-2.16B	-1.79B	-1.02B
Financing Cash Flow	-1.53B	-1.57B	-1.97B	-1.54B	-1.04B	-1.51B

Time Technoplast Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 196.45
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:TIMETECHNO, the sentiment is Negative. The current price of 196.45 is above the 20-day moving average (MA) of 176.13, above the 50-day MA of 181.87, and below the 200-day MA of 206.94, indicating a bearish trend. The MACD of -7.32 indicates Positive momentum. The RSI at 31.47 is Neutral, neither overbought nor oversold. The STOCH value of 22.66 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:TIMETECHNO.

Time Technoplast Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TIMETECHNO	69 Neutral	₹80.17B	17.09	―	0.67%	7.53%	16.26%
JINDALSAW	69 Neutral	₹124.00B	10.37	―	1.18%	-13.69%	-30.57%
SHAILY	65 Neutral	₹110.14B	69.51	―	0.08%	31.18%	99.37%
PRIVISCL	64 Neutral	₹114.68B	35.11	―	0.15%	24.25%	96.45%
HEG	62 Neutral	₹96.15B	14.55	―	0.33%	3.93%	41.77%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
GRAPHITE	54 Neutral	₹118.61B	46.09	―	1.93%	-7.12%	-48.28%

Time Technoplast Limited Corporate Events

Time Technoplast Completes Successful Trials of Hydrogen-Powered Drone with Composite Cylinders

Time Technoplast Limited announced the successful development and flight trials of an in-house hydrogen-powered drone integrating its Type-III composite hydrogen cylinders with a hydrogen fuel-cell system, marking the first such India-made integration on an unmanned aerial platform. The drone has met targeted endurance, payload, and operational benchmarks, underscoring clear performance and cost advantages over battery-powered drones and positioning the company to tap commercial, industrial, and defence use cases. Building on its earlier PESO approval for Type-III hydrogen cylinders and a partnership with Drone Stark Technologies, this milestone significantly broadens Time Technoplast’s addressable market within the fast-growing global drone ecosystem and aligns the company with India’s Green Hydrogen Mission, enhancing its role in clean-energy and UAV value chains.