T

Time Technoplast Limited

TIMETECHNONSE
Market snapshot · 2026-08-11 12:29 UTC

207.28

+₹0.39 (+0.19%)

MARKET CAP

₹10.23K Cr

STOCK P/E

18.3x

52W HIGH

₹249.15

52W LOW

₹154.00

BOOK VALUE

₹82.80

EPS

₹11.30

ROE

SECTOR

Materials

DEBT/EQUITY

17.61

VOLUME

36.66L

P/B RATIO

2.50x

PEG RATIO

1.50

Sector

Materials

Themes

Plastic ProductsAjay Upadhyay Portfolio3P India Equity Fund PortfolioTop 20 Investors in India Portfolio
D
Dividend
S
Split
₹239.82₹220.14₹200.45₹180.77₹161.08VolumeDSSAug '25Sep '25Nov '25Jan '26Mar '26Apr '26Jun '26Aug '26

AI Summary

✦ Clartha

Time Technoplast is a polymer-products manufacturer serving industrial, infrastructure, and energy markets. TECHPACK packaging, Max’M HDPE and DWC pipes, and MaxLife VRLA batteries drive revenue across chemicals, FMCG, utilities, railways, and solar. Composite-segment acceleration highlighted in Q1 FY2027 could improve growth, although its margin contribution requires monitoring. Profit growth of 20.8% exceeded 11.9% revenue growth, while margins remained stable; ROE is unavailable, limiting returns analysis. Debt-to-equity of 17.61 implies substantial leverage, which can amplify ROE but increases interest and refinancing risk. At 18.1x earnings, valuation appears fair relative to current growth, rather than discounted. The open question is whether composite demand and infrastructure spending can sustain earnings growth without further balance-sheet pressure.

Forecast

Analyst targets, estimate history, and probabilistic forward ranges for TIMETECHNO.

1.00 analysts

Price Forecast

Current
₹207.28
High Target
₹280.00
▲ +35.1%
Median Target
₹280.00
▲ +35.1%
Low Target
₹280.00
▲ +35.1%
Now₹207.28High ₹280.00Median ₹280.00Low ₹280.00Aug '25Now12M Target
Price history (1Y)
Analyst target range
1 analysts

Probabilistic Range

Probabilistic lognormal cone using 1Y realized volatility and analyst-target drift when available.

Time horizonRange ()Probability
3M₹167.42 - ₹268.0880%
6M₹155.22 - ₹302.0680%
12M₹141.26 - ₹362.2080%
Realized vol: +36.7% · Drift: +15.5%

Revenue Forecast

₹ Cr
Dec '25Current₹690.0
Sep 2026 ETrend estimate range
High₹850.7Base₹787.7Low₹724.7
Mar '25: ₹712.0 · Jun '25: ₹642.0 · Sep '25: ₹740.0 · Dec '25: ₹690.0 · Sep '26: ₹787.7 · Dec '26: ₹734.5
Mar '25Jun '25Sep '25Dec '25Sep '26 EDec '26 E712.0642.0740.0690.0787.7734.5
PastCurrentTrend estimate: Low / Base / High

EPS Forecast

₹ / share
Dec '25Current₹1.11
Sep 2026 ETrend estimate range
High₹1.17Base₹1.05Low₹0.92
Mar '25: ₹2.20 · Jun '25: ₹1.98 · Sep '25: ₹1.28 · Dec '25: ₹1.11 · Sep '26: ₹1.05 · Dec '26: ₹0.91
Mar '25Jun '25Sep '25Dec '25Sep '26 EDec '26 E2.201.981.281.111.050.91
PastCurrentTrend estimate: Low / Base / High
Market Intelligence

Multi-factor synthesis of 5 key dimensions

Overall Outlook
Neutral
61%
Analyst Consensus
Positive

From 1 analysts

Mean upside+35.1%

Fundamentals

Moderate

Fundamentals institutional score is 57 using growth durability 56.6.

Valuation

Premium valuation

Valuation institutional score is 24 using relative multiple z-scores where peer dispersion is available.

Analyst Consensus

Positive

Analyst View institutional score is 99 using mean target upside 35.1%; dispersion penalty 0; recommendation breadth from available consensus.

Technical Structure

Strong Trend

Technicals institutional score is 75 using EMA-20 continuation within 5% tolerance; VCP range/volume contraction proxy.

Market Sentiment

Neutral backdrop

Recent news flow is balanced or not decisive enough to tilt the tape. Based on 1 recent ticker-linked news items.

Signal Summary

Market intelligence remains Neutral. analyst consensus and technical structure provide support, while valuation and market sentiment remain considerations.

Composite weights: Fundamentals 25%, Valuation 20%, Analyst Consensus 20%, Technical Structure 20%, Market Sentiment 15%.

Fundamentals ModerateValuation Premium valuationAnalyst Consensus PositiveTechnical Structure Strong TrendMarket Sentiment Neutral backdrop

Key Data Points

Mean Target Price280 target
Mean Upside+35.1%
Technical Score75%
Fundamental Score57%
Data CoverageHigh

Important Note: This is market intelligence, not investment advice. Always conduct your own research and consider your financial goals and risk tolerance.

Valuation Metrics

Trading 13.8% above historical median. Valuation is stable — currently in the strongly overvalued zone (z-score: +0.77). Confidence: 70%.

Live forward EPS implies next-12-month EPS of ₹14.00. Applying the stock's normalized valuation corridor produces a fair range of ₹167.44 to ₹252.84, with base value near ₹225.54 (+8.8% vs current price).

Forward Valuation Outlook

Live forward estimate anchored to the company's historical valuation corridor.

Inside normalized range

Forward EPS

₹14.00

Forward P/E

14.8x

Base Fair Value

₹225.54

Fair Range

₹167.44 - ₹252.84

Upside To Base

+8.8%

Estimate Source

Live forward EPS

Growth Estimate

+12.2%

P/E
Strongly Overvalued

5Y Average

10.83

Current

18.34

Overvalued

18.06

Undervalued

11.96

EV/EBITDA
Strongly Overvalued

5Y Average

6.63

Current

11.23

Overvalued

10.48

Undervalued

2.68

P/S
Strongly Overvalued

5Y Average

0.94

Current

1.59

Overvalued

1.08

Undervalued

0.80

Peers & Comparison

Sector: Materials · Theme: Plastic Products

Plastic Products Peers1 peer
Avg P/E: 42.1x
CompanyRev. GrowthMarginP/Evs Avg52W Perf.
SUPREME INDUSTRIES LTD
SUPREMEINDPlastic Products
+4.2%9.1%
42.1x
Fair
0% vs avg
-17.2%
WHY THESE PEERS

TIME TECHNOPLAST LTD. trades at a discount (18.3x vs peer avg 42.1x), suggesting potential undervaluation relative to the Plastic Products cohort. Peers include SUPREME INDUSTRIES LTD — selected based on business model, industry classification, market cap similarity, and business theme alignment.

Financials

Real statement data for revenue, earnings quality, conversion, and balance-sheet coverage. Monetary values are shown in Rs crore.

Latest revenue

₹690 CrDec 2025

Latest net profit

₹51 CrDec 2025

Latest EPS

₹1.11Dec 2025

Net margin

11.6%Dec 2025

Performance

Bars show revenue and net profit. The line shows net margin.

Rs crore + margin %
Q3 '25Q4 '25Q1 '26Q2 '26Q3 '260.0%3.0%6.0%9.0%12.0%0.00 Cr200 Cr400 Cr600 Cr800 Cr
  • Revenue
  • Net income
  • Net margin %

Earnings

Revenue is shown in crores. EPS is rupees per share.

Rs crore + Rs/share
Q3 '25Q4 '25Q1 '26Q2 '26Q3 '260.00 Cr200 Cr400 Cr600 Cr800 Cr₹0₹1₹1₹2₹2
  • Revenue
  • EPS

Revenue to profit conversion

Bridge from operating numbers to profit for the latest reported period.

Rs crore
RevenueExpensesDepreciationOperatingprofitOther incomeInterestProfitbefore taxTax & otherNet Profit0.00 Cr200 Cr400 Cr600 Cr800 Cr

Latest reported period: Dec 2025

Debt level and coverage

Debt, cash and free cash flow compared on the same crore scale.

Rs crore
Annual view
202120222023202420250.00 Cr200 Cr400 Cr600 Cr800 Cr
  • Debt
  • Free cash flow
  • Cash & equivalents

Results

MetricMar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Sales670544624677788625715610712642740690
Expenses571467537577685535614521604545635584
Operating Profit70.9548.257.5974.8878.1265.1674.5462.1380.3572.6979.6679.88
OPM %10.59%8.85%9.23%11.06%9.92%10.42%10.43%10.19%11.28%11.31%10.77%11.58%
Other Income0.123.510.55.322.40.0311.040.57
Interest15.9213.7514.2814.5415.2814.5714.0213.8513.7513.5813.4512.98
Depreciation28.5528.7429.4925.4324.7225.4826.1526.7227.524.9825.5625.88
Profit before tax55.1534.4546.8160.3473.3450.5965.8450.6866.6359.1177.2567.47
Tax %25.78%26.1%26.04%25.69%25.58%25.82%26.02%24.9%24.91%24.16%24.67%24.35%
Net Profit40.9325.4634.6244.8454.5837.5348.7138.0650.0344.8358.1951.04
EPS in Rs1.811.131.531.982.411.652.151.682.201.981.281.11

All values in Rs. Crore unless otherwise stated. Source: CMIE Prowess, Quarterly Interim Standalone.

Shareholding Pattern

HolderMar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoters51.62%51.62%51.62%47.51%47.56%
FII8.07%8.29%8.41%11.66%10.88%
DII12.99%12.92%13.18%16.70%17.37%
Public20.51%20.48%20.22%19.28%19.20%
Others6.81%6.69%6.57%4.85%4.99%
Mar 2026
Promoters
FII
DII
Public
Others