Time Technoplast Limited, together with its subsidiaries, manufactures and markets a range of technology based polymer products in India and internationally. More Details
Undervalued with reasonable growth potential and pays a dividend.
Share Price & News
How has Time Technoplast's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: TIMETECHNO is not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: TIMETECHNO's weekly volatility (5%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: TIMETECHNO underperformed the Indian Packaging industry which returned 38.8% over the past year.
Return vs Market: TIMETECHNO underperformed the Indian Market which returned 8.9% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Time Technoplast's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 days ago | Simply Wall StHas Time Technoplast (NSE:TIMETECHNO) Got What It Takes To Become A Multi-Bagger?
2 weeks ago | Simply Wall StAt ₹39.55, Is It Time To Put Time Technoplast Limited (NSE:TIMETECHNO) On Your Watch List?
4 weeks ago | Simply Wall StDoes Time Technoplast Limited (NSE:TIMETECHNO) Have A Place In Your Dividend Portfolio?
Is Time Technoplast undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: TIMETECHNO (₹44.85) is trading below our estimate of fair value (₹64.43)
Significantly Below Fair Value: TIMETECHNO is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: TIMETECHNO is poor value based on its PE Ratio (10.4x) compared to the IN Packaging industry average (8.8x).
PE vs Market: TIMETECHNO is good value based on its PE Ratio (10.4x) compared to the Indian market (17.2x).
Price to Earnings Growth Ratio
PEG Ratio: TIMETECHNO is good value based on its PEG Ratio (0.2x)
Price to Book Ratio
PB vs Industry: TIMETECHNO is good value based on its PB Ratio (0.6x) compared to the IN Packaging industry average (0.7x).
How is Time Technoplast forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: TIMETECHNO's forecast earnings growth (67.2% per year) is above the savings rate (7.2%).
Earnings vs Market: TIMETECHNO's earnings (67.2% per year) are forecast to grow faster than the Indian market (24.2% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: TIMETECHNO's revenue (18.8% per year) is forecast to grow faster than the Indian market (11.5% per year).
High Growth Revenue: TIMETECHNO's revenue (18.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if TIMETECHNO's Return on Equity is forecast to be high in 3 years time
How has Time Technoplast performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TIMETECHNO has high quality earnings.
Growing Profit Margin: TIMETECHNO's current net profit margins (3.3%) are lower than last year (5.7%).
Past Earnings Growth Analysis
Earnings Trend: TIMETECHNO's earnings have grown by 6.2% per year over the past 5 years.
Accelerating Growth: TIMETECHNO's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: TIMETECHNO had negative earnings growth (-52.6%) over the past year, making it difficult to compare to the Packaging industry average (1.1%).
Return on Equity
High ROE: TIMETECHNO's Return on Equity (5.6%) is considered low.
How is Time Technoplast's financial position?
Financial Position Analysis
Short Term Liabilities: TIMETECHNO's short term assets (₹18.6B) exceed its short term liabilities (₹10.1B).
Long Term Liabilities: TIMETECHNO's short term assets (₹18.6B) exceed its long term liabilities (₹4.1B).
Debt to Equity History and Analysis
Debt Level: TIMETECHNO's debt to equity ratio (43.9%) is considered high.
Reducing Debt: TIMETECHNO's debt to equity ratio has reduced from 66.4% to 43.9% over the past 5 years.
Debt Coverage: TIMETECHNO's debt is well covered by operating cash flow (34.9%).
Interest Coverage: TIMETECHNO's interest payments on its debt are not well covered by EBIT (2.7x coverage).
What is Time Technoplast current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: TIMETECHNO's dividend (2.09%) is higher than the bottom 25% of dividend payers in the Indian market (0.53%).
High Dividend: TIMETECHNO's dividend (2.09%) is low compared to the top 25% of dividend payers in the Indian market (2.15%).
Stability and Growth of Payments
Stable Dividend: TIMETECHNO's dividends per share have been stable in the past 10 years.
Growing Dividend: TIMETECHNO's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (21.7%), TIMETECHNO's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Anil Jain (65 yo)
Mr. Anil Jain founded Time Technoplast Limited (Formerly Time Packaging Ltd.) and serves as its Managing Director and served as its Br Head until 2018. Mr. Jain joined Bharat Heavy Electricals Ltd (BHEL) i...
CEO Compensation Analysis
Compensation vs Market: Anil's total compensation ($USD70.22K) is above average for companies of similar size in the Indian market ($USD50.81K).
Compensation vs Earnings: Anil's compensation has been consistent with company performance over the past year.
|Founder||no data||₹5.20m||1.58% |
|Director of Finance||no data||₹4.38m||2.03% |
|Technical Director & Whole Time Director||14.33yrs||₹4.38m||2.02% |
|Director of Marketing & Whole Time Director||14.33yrs||₹4.38m||2.02% |
|Independent Chairman||no data||₹150.00k||0.0088% |
|Independent Non-Executive Director||no data||₹155.00k||0.031% |
|Independent Non-Executive Director||no data||₹370.00k||no data|
|Independent Non-Executive Director||4.5yrs||₹80.00k||no data|
|Independent Non-Executive Director||4.5yrs||₹135.00k||0.00013% |
Experienced Board: TIMETECHNO's board of directors are considered experienced (9.4 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Time Technoplast Limited's company bio, employee growth, exchange listings and data sources
- Name: Time Technoplast Limited
- Ticker: TIMETECHNO
- Exchange: NSEI
- Founded: 1989
- Industry: Metal and Glass Containers
- Sector: Materials
- Market Cap: ₹10.267b
- Shares outstanding: 226.15m
- Website: https://www.timetechnoplast.com
Number of Employees
- Time Technoplast Limited
- 55, Corporate Avenue
- 2nd Floor
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|532856||BSE (Mumbai Stock Exchange)||Yes||Equity Shares||IN||INR||Jun 2007|
|TIMETECHNO||NSEI (National Stock Exchange of India)||Yes||Equity Shares||IN||INR||Jun 2007|
Time Technoplast Limited, together with its subsidiaries, manufactures and markets a range of technology based polymer products in India and internationally. It operates in two segments, Polymer and Compos...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/11/25 12:51|
|End of Day Share Price||2020/11/25 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.