Time Technoplast Ltd (TIMETECHNO)

Time Technoplast Ltd is an India-based Polymer Composite product manufacturing company with local and international operations. They offer a range of Industrial and Consumer Packaging Solutions, Lifestyle Products, Auto Components, Healthcare Products and Construction/Infrastructure related products. Their product portfolio includes Drums/Containers, Pails, PET sheets, Entrance Matting, Turfs, Garden Furniture, Automotive Components, Auto Disabling, Medical Disposables, Warning Nets, Synthetic Turf, Matting and Durosoft. They have twelve manufacturing facilities located in India and UAE, with an additional subsidiary in Poland and a JV with MAUSER Group in Singapore. The group also acquired 71.48% equity stake in NED Energy Ltd in 2008, and in 2009 entered into a joint venture with M/s Schoeller Arca Systems BV SAS Netherlands. In 2010 they added High Tech Composite Cylinders, and in 2012 gained ESMA approval for composite LPG cylinders. With additional capital expenditure, the company expanded their IBC capacity to 960,000, and their MOX film capacity from 6000 to 12,000 Mt. In 2018, they launched Double Walled Corrugated Pipes with an optimum range of 100mm-1200mm and doubled their Composite Cylinder capacity to 1,400,000. The company also introduced a number of value-added products such as Duro Gel, Duro Comfort, Duro Carpet and Duro Mat, with application potential in Smart Cities.

Share Price: ₹286.85 per share as on 16 May, 2024 04:01 PM
Market Capitalisation: ₹6,357.42Cr as of today
Revenue: ₹1,324.65Cr as on December 2023 (Q4 23)
Net Profit: ₹93.11Cr as on December 2023 (Q4 23)
Listing date: 13 Jun, 2007
Chairperson Name: Sanjaya Kulkarni