Time Technoplast Ltd.
Snapshot View

90.90 -0.75 ▼-0.8%

25 May 2022, 04:01:00 PM
Volume: 182,424

Overview View Details

Sector Plastic Products Compare with Sector peers
Industry Plastic Products Compare with Industry peers
Website http://www.timetechnoplast.com
Market Cap 2,054.54 Cr.
Enterprise Value(EV) 2,676.94 Cr. 2021-09
Financial Indicators
Earnings per share (EPS) 8.17 Trailing Twelve Months Ending 2021-12
Price-Earning Ratio (PE) 11.13 Trailing Twelve Months Ending 2021-12
Industry PE 20.85 Trailing Twelve Months Ending 2021-12
Book Value / Share 89.17 Trailing Twelve Months Ending 2021-12
Price to Book Value 1.02 Calculated using Price: 90.90
Dividend Yield 0.77 Period Ending 2021-03
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
-0.82%
1 Week
-4.27%
1 Month
-8.14%
3 Month
+33.97%
6 Month
+10.92%
1 Year
+12.99%
2 Year
+221.20%
5 Year
-31.42%
10 Year
+80.18%
9 years 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03 2021-03
Return on Equity (%) 13.82 11.44 11.69 13.02 12.25 13.27 13.31 10.11 5.73
Return on Capital Employed (%) 14.63 13.33 14.15 14.90 14.76 15.75 16.01 13.41 8.97
Return on Assets (%) 5.34 4.56 4.94 5.97 6.07 6.78 6.85 5.33 3.17

Balance Sheet View Details

Particulars 10 years 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. 2021-03 Rs. Cr. 2021-09* Rs. Cr.
Shh. Funds 830 929 1,037 1,168 1,326 1,483 1,669 1,815 1,903 1,966
Non Curr. Liab. 364 379 297 235 305 388 391 469 398 356
Curr. Liab. 832 871 925 941 901 980 1,093 1,028 956 987
Minority Int. 61 72 75 76 38 40 46 52 48 50
Equity & Liab. 2,086 2,250 2,334 2,420 2,571 2,892 3,200 3,364 3,304 3,360
Non Curr. Assets 1,171 1,205 1,211 1,233 1,204 1,316 1,405 1,459 1,350 1,347
Curr. Assets 910 1,040 1,119 1,185 1,367 1,576 1,795 1,905 1,954 2,013
Misc. Exp. not W/O 6 5 4 3
Total Assets 2,086 2,250 2,334 2,420 2,571 2,892 3,200 3,364 3,304 3,360

Profit Loss View Details

Particulars 10 years 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. 2021-03 Rs. Cr. 2021-12 Rs. Cr. TTM
Net Sales 1,797 2,186 2,476 2,450 2,755 3,103 3,564 3,578 3,005 3,562
Other Income 5 6 4 2 2 2 3 2 4 4
Total Income 1,803 2,192 2,480 2,452 2,757 3,105 3,567 3,580 3,009 3,566
Total Expenditure -1,506 -1,878 -2,138 -2,075 -2,350 -2,630 -3,040 -3,079 -2,618 -3,066
PBIDT 297 314 342 377 406 475 527 501 391 500
Interest -89 -99 -104 -96 -90 -88 -99 -108 -98 -93
Depreciation -68 -87 -87 -99 -116 -137 -146 -156 -151 -155
Taxation -34 -30 -37 -40 -49 -65 -73 -62 -36 -64
Exceptional Items
PAT 107 99 113 142 151 185 209 175 106 187
Minority Interest -3 -3 -4 -4 -4 -5 -6 -6 -2 -2
Share Associate
Other Related Items
Consolidated Net Profit 103 95 110 138 147 180 203 169 103 185
Adjusted EPS 5 5 5 7 7 8 9 7 5 8

Cash Flow View Details

Particulars 10 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. 2021-03 Rs. Cr.
Cash Fr. Operatn. 161 221 214 269 289 188 303 281 301 257
Cash Fr. Inv. -247 -190 -124 -98 -120 -212 -244 -231 -138 -102
Cash Fr. Finan. 99 -44 -74 -172 -167 19 -51 -58 -148 -151
Net Change 13 -13 16 0 1 -5 8 -7 16 5
Cash & Cash Eqvt 66 54 70 69 70 66 74 67 83 87

Shareholding Pattern View Details

9 Qtrs 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%) 2021-09 (%) 2021-12 (%) 2022-03 (%)
Promoter 51.32 51.33 51.33 51.33 51.33 51.33 51.33 51.33 51.33
Public 48.68 48.67 48.67 48.67 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 (%) 34.76 34.76 34.76 23.45 8.22 8.18 8.18 8.18 8.18

Announcements View Details

Tue, 17 May 2022
Board Meeting Intimation for Consideration And Approval Of The Audited Standalone And Consolidated Financial Results For The Quarter And Financial Year Ended 31St March 2022
TIME TECHNOPLAST LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 28/05/2022 inter alia to consider and approve a) the Audited Standalone and Consolidated Financial Results for the quarter and financial year ended 31st March 2022.b) recommend dividend on equity shares if any for the financial year ended 31st March 2022.c) 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 for designated persons has been closed with effect from April 01 2022 upto 48 hours after the said financial results are declared to the Stock Exchanges.This is for your information and records.
Tue, 17 May 2022
Corporate Action-Board to consider Dividend
Pursuant to Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 Notice is hereby given that the Meeting of the Board of Directors of the Company is scheduled to be held on Saturday May 28 2022 inter alia to consider and recommend dividend on equity shares if any for the financial year ended 31st March 2022.This is for your information and records.
Tue, 17 May 2022
Compliances-Reg.24(A)-Annual Secretarial Compliance
Please find enclosed the Annual Secretarial Compliance Report for the year ended 31st March 2022 issued by Mr. Arun Dash proprietor of M/s Arun Dash & Associates Practicing Company Secretaries.

Technical Scans View Details

Wed, 25 May 2022
High Decrease 1 Month High Decrease 1 Month
High Increase 3 Months High Increase 3 Months
High Increase 2 Years High Increase 2 Years
MFI Trending Down MFI Trending Down
William %R Crossed -80 From Above William %R Crossed -80 From Above

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