Time Technoplast Ltd.
Snapshot View

83.40 +1.85 ▲2.3%

03 August 2021, 04:00:00 P.M.
Volume: 43,923

Overview View Details

Sector Plastic Products Compare with Sector peers
Industry Plastic Products Compare with Industry peers
Website http://www.timetechnoplast.com
Financial Indicators
Market Cap 1,887.19 Cr.
Earnings per share (EPS) 4.57 Trailing Twelve Months Ending 2021-03
Price-Earning Ratio (PE) 18.25 Trailing Twelve Months Ending 2021-03
Industry PE 44.45 Trailing Twelve Months Ending 2021-03
Book Value / Share 83.89 Trailing Twelve Months Ending 2021-03
Price to Book Value 0.99 Calculated using Price: 83.45
Dividend Yield 0.84 Period Ending 2020-03
No. of Shares Subscribed 22.61 Cr. 226,146,750 Shares
FaceValue 1
Company Profile

Time Technoplast Ltd (Time Tech) is a multinational conglomerate with operations in Bahrain, Egypt, Indonesia, India, Malaysia, U.A.E, Taiwan, Thailand, Vietnam, Saudi Arabia & USA is a leading manufacturer of polymer products. The company’s portfolio consists of technically driven innovative products catering to growing industry segments like, Industrial Packaging Solutions, Lifestyle Products, Automotive Components, Healthcare Products, Infrastructure / Construction related products, Material Handling Solutions & Composite Cylinders. Since its inception in 1992, Time Tech has set itself apart from its competition by focusing on research and development, futuristic product designing, superior customer service by setting up several  manufacturing units & many regional and marketing offices to meet the growing demand of Indian customers & further to fill the need gap for global customers. Time Tech is promoted by qualified professionals with decades of experience who believe in working hard for the company, its customers, its suppliers, its employees and its shareholders.

Business area of the company

Time Technoplast is engaged in manufacturing plastics products. The Company's segments include Polymer Products and Composite Products. It offers industrial packaging products, infrastructure products, technical products, material handling products and composite cylinders.

Products of the company

  • Industrial Packaging- Under this space, company manufactures drums and containers, PET sheets, conipack pails and buckets.
  • Automotive Ancillaries- Company manufactures range of automotive ancillary products such as 3S rain flaps, deaeration tanks / radiator tanks, fuel tanks, air ducts and dash board.
  • Lifestyles products- Under this company manufacture matting products and furniture.
  • Health Care products- Under this the company manufactures products such as Reuse Prevention Syringes, Blood Samplers and Disposable Face Masks. It also manufactures ranges of fencing nets.

Milestone

  • 1992: the company started as a small scale industry with manufacturing plant located at Tarapur in Maharastra. Immediately in the next year, it formed a technical collaboration Mauser Group.
  • During 1994-96: TTL set manufacturing facilities at Damna, Hosur (Tamil Nadu) and Baddi (Himachal Pradesh). 
  • 1998: the company launched lifestyle products such as synthetic turf and matting and marketed under the brand ‘Meadowz’ and Duro Turf. 
  • 1999-2002: under lifestyle product company launched garden furniture under the brand ‘Regal’.
  • 1999-2002: TTL set up an additional units as well as it expanded the existing ones.  The company built additional unit at Daman, added new facilities for garden furniture, set up additional plant for PET sheet in Daman and increased production capacity of large size drums at Daman.  Company also started production of plastic pails under the brand ‘Conipails’.
  • 2004: it formed a joint venture with Mauser to manufacture intermediate bulk containers (IBCs). The company set up 100% subsidiary in UAE. 
  • 2006: the company also established 100 subsidiary in Poland. In the same year it amalgamated OMPL and SPPl with TTL, Acquired 75% stake in TPL Plastech and set up a Steel Drum project in Mharashtra under the name Time Mauser Industries.
  • 2009: set up additional manufacturing facility (packaging) in Eastern India (Amta, West Bengal).
  • 2009: Acquired competing business in Thailand, YPA (Thailand) Ltd. - Industrial Packaging.
  • 2009: Implemented Prefab and Shelters project at Silvassa.
  • 2010: Acquired composite gas cylinder business in Czech Republic, Komposite-Praha, advanced production facility in Pilsen.
  • 2010: Setting up Greenfield packaging project in Tianjin (North China), Guangzhou (South China).
  • 2010: Commenced manufacturing facility at Gummidipundi (Tamil Nadu) and Ahmedabad (Gujarat) - Industrial Packaging.
  • 2010: Commenced project for Industrial Packaging at Attaka (Egypt).
  • 2011: commenced manufacturing facility at Attaka (Egypt) - Industrial Packaging.
  • 2011: Started Industrial Packaging units in Pantnagar and Jammu, India.
  • 2011: Completed a Greenfield Industrial Packaging project (Drums, Jerry Cans, IBCs, Pallets & Accessories) in Tianjin (North China).
  • 2011: Implemented a pilot project for Composite Gas Cylinders in India.
  • 2012: commenced IBC manufacturing facility at Guangzhou (South China) - A Joint Venture.
  • 2012: Commenced GNX IBCs manufacturing unit in Daman, India.
  • 2012: Setting up a new manufacturing facility for Industrial Packaging at Panoli (Gujarat, India).
  • 2016: Started DWC Pipe manufacturing unit at Silvassa.
  • 2017: Started MOX Film manufacturing unit at Panoli. Set up a new manufacturing facility for Steel Drums at Vadodara (Gujarat, India).
  • 2017: Acquired Leading Industrial packaging company in UAE - Elan Incorporated FZE, Sharjah
  • 2018: Green field project for Industrial Packaging products in Malur, India. (IBC, Drums and Jerry cans).
  • 2018: Acquisition in Industrial Packaging Segment - Saudi Arabia.
  • 2018: Started Ducts pipe manufacturing.
  • 2019: Green field project for Industrial Packaging products in USA. (IBC, Drums and Jerry cans ).
  • 2019: Time Tech wins at the prestigious Economic Times Polymer Awards for Excellence in packaging & Excellence in General Category.
  • 2020: Time Technoplast has received approval from Government/Local Authorities in India to resume manufacturing operations of essential products with available manpower.

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
+2.27%
1 Week
+0.85%
1 Month
-7.23%
3 Month
+5.77%
6 Month
+58.56%
1 Year
+131.35%
2 Year
+6.99%
5 Year
+33.33%
9 years 2012-03 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03
Return on Equity (%) 13.42 13.82 11.44 11.69 13.02 12.25 13.27 13.31 10.11
Return on Capital Employed (%) 14.02 14.63 13.33 14.15 14.90 14.76 15.75 16.01 13.41
Return on Assets (%) 5.31 5.34 4.56 4.94 5.97 6.07 6.78 6.85 5.33

Balance Sheet View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Shh. Funds 761 830 929 1,037 1,168 1,326 1,483 1,669 1,815
Non Curr. Liab. 386 364 379 297 235 305 388 391 469
Curr. Liab. 708 832 871 925 941 901 980 1,093 1,028
Minority Int. 57 61 72 75 76 38 40 46 52
Equity & Liab. 1,911 2,086 2,250 2,334 2,420 2,571 2,892 3,200 3,364
Non Curr. Assets 1,066 1,171 1,205 1,211 1,233 1,204 1,316 1,405 1,459
Curr. Assets 841 910 1,040 1,119 1,185 1,367 1,576 1,795 1,905
Misc. Exp. not W/O 4 6 5 4 3
Total Assets 1,911 2,086 2,250 2,334 2,420 2,571 2,892 3,200 3,364

Profit Loss View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Net Sales 1,528 1,797 2,186 2,476 2,450 2,755 3,103 3,564 3,578
Other Income 4 5 6 4 2 2 2 3 2
Total Income 1,532 1,803 2,192 2,480 2,452 2,757 3,105 3,567 3,580
Total Expenditure -1,285 -1,506 -1,878 -2,138 -2,075 -2,350 -2,630 -3,040 -3,079
PBIDT 247 297 314 342 377 406 475 527 501
Interest -68 -89 -99 -104 -96 -90 -88 -99 -108
Depreciation -56 -68 -87 -87 -99 -116 -137 -146 -156
Taxation -31 -34 -30 -37 -40 -49 -65 -73 -62
Exceptional Items
PAT 92 107 99 113 142 151 185 209 175

Cash Flow View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Cash Fr. Operatn. 161 221 214 269 289 188 303 281 301
Cash Fr. Inv. -247 -190 -124 -98 -120 -212 -244 -231 -138
Cash Fr. Finan. 99 -44 -74 -172 -167 19 -51 -58 -148
Net Change 13 -13 16 0 1 -5 8 -7 16
Cash & Cash Eqvt 66 54 70 69 70 66 74 67 83

Shareholding Pattern View Details

9 Qtrs 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%)
Promoter 51.18 51.18 51.19 51.32 51.33 51.33 51.33 51.33 51.33
Public 48.82 48.82 48.81 48.68 48.67 48.67 48.67 48.67 48.67
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 16.72 16.72 21.03 34.76 34.76 34.76 23.45 8.22 8.18

Announcements View Details

Mon, 02 Aug 2021
Board Meeting Intimation for Consideration And Approval Of Un-Audited Standalone And Consolidated Financial Results For The Quarter Ended 30Th June 2021 And Limited Review Report Thereon; Decide The Date And Time And Approve Notice Of The 31St Annual General Meeting <BR>
TIME TECHNOPLAST LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 13/08/2021 inter alia to consider and approve 1. the Unaudited Standalone and Consolidated Financial Results of the Company for the Quarter ended 30th June 2021 and limited review report thereon.

2. To decide the date and time of the 31st Annual General Meeting of the Company.

3. To approve Notice of the 31st Annual General Meeting.

4. Any other item with the permission of the Chair.

Further in accordance with the SEBI (Prevention of Insider Trading) Regulations 2015 and the Companys Code of Conduct for Prevention of Insider Trading the Trading Window for dealing in securities of the Company has been closed from July 01 2021 and will open 48 hours after the said financial results are declared to the Stock Exchanges.

This is for your information and records.
Tue, 20 Jul 2021
Shareholding for the Period Ended June 30 2021
Time Technoplast Ltd has submitted to BSE the Shareholding Pattern for the Period Ended June 30 2021. For more details kindly Click here
Mon, 19 Jul 2021
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 we wish to inform you that the management of the Company will be virtually meeting with Institutional investors organized by Motilal Oswal Financial Services Limited on Tuesday July 20 2021 at 04:30 p.m.

Kindly take the above information on record.

Technical Scans View Details

Tue, 03 Aug 2021
Close Crossing Last Month Close From Below Close Crossing Last Month Close From Below
Making Higher Highs for 3 days Making Higher Highs for 3 days
Close Within 52 Week High Zone Close Within 52 Week High Zone
Increasing Relative Strength - Sectoral Index Increasing Relative Strength - Sectoral Index
Close Crossing 20 EMA From Below Close Crossing 20 EMA From Below

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