Declared Dividend • Aug 07
Dividend of ₹1.50 announced Shareholders will receive a dividend of ₹1.50. Ex-date: 15th September 2026 Payment date: 22nd October 2026 Dividend yield will be 0.7%, which is lower than the industry average of 0.8%. Sustainability & Growth Dividend is covered by earnings (15% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 20% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 26% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Aug 06
First quarter 2027 earnings released: EPS: ₹2.35 (vs ₹2.10 in 1Q 2026) First quarter 2027 results: EPS: ₹2.35 (up from ₹2.10 in 1Q 2026). Revenue: ₹16.9b (up 25% from 1Q 2026). Net income: ₹1.16b (up 22% from 1Q 2026). Profit margin: 6.9% (down from 7.0% in 1Q 2026). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Packaging industry in India. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has increased by 45% per year, which means it is tracking significantly ahead of earnings growth. Duyuru • Jul 25
Time Technoplast Limited to Report Q1, 2027 Results on Aug 05, 2026 Time Technoplast Limited announced that they will report Q1, 2027 results on Aug 05, 2026 Reported Earnings • May 28
Full year 2026 earnings: EPS exceeds analyst expectations Full year 2026 results: EPS: ₹9.99 (up from ₹8.55 in FY 2025). Revenue: ₹61.1b (up 12% from FY 2025). Net income: ₹4.69b (up 21% from FY 2025). Profit margin: 7.7% (up from 7.1% in FY 2025). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 5.2%. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has increased by 55% per year, which means it is tracking significantly ahead of earnings growth. Duyuru • May 28
Time Technoplast Limited Recommends Final Dividend for the Financial Year Ended March 31, 2026 Time Technoplast Limited recommended final dividend of INR 1.50 per equity share of face value of INR 1 each for the financial year ended March 31, 2026. Duyuru • May 08
Time Technoplast Limited to Report Q4, 2026 Results on May 27, 2026 Time Technoplast Limited announced that they will report Q4, 2026 results on May 27, 2026 Duyuru • Apr 15
Time Technoplast Limited (NSEI:TIMETECHNO) entered into a Memorandum of Understanding to acquire 76% stake in Systoverse Private Limited. Time Technoplast Limited (NSEI:TIMETECHNO) entered into a Memorandum of Understanding to acquire 76% stake in Systoverse Private Limited from the promoters of Systoverse on April 14, 2026. A cash consideration will be paid by Time Technoplast Limited. The remaining 24% stake of Systoverse to be retained by existing shareholders.
The transaction is subject to customary due diligence, including financial, legal, tax, and regulatory assessment. The transaction is expected to complete within 60 days. Buy Or Sell Opportunity • Mar 30
Now 23% undervalued after recent price drop Over the last 90 days, the stock has fallen 13% to ₹158. The fair value is estimated to be ₹206, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 25%. Revenue is forecast to grow by 31% in 2 years. Earnings are forecast to grow by 51% in the next 2 years. Buy Or Sell Opportunity • Mar 13
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 14% to ₹161. The fair value is estimated to be ₹206, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 25%. Revenue is forecast to grow by 31% in 2 years. Earnings are forecast to grow by 51% in the next 2 years. Reported Earnings • Feb 14
Third quarter 2026 earnings released: EPS: ₹2.75 (vs ₹2.22 in 3Q 2025) Third quarter 2026 results: EPS: ₹2.75 (up from ₹2.22 in 3Q 2025). Revenue: ₹15.7b (up 13% from 3Q 2025). Net income: ₹1.26b (up 25% from 3Q 2025). Profit margin: 8.1% (up from 7.3% in 3Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has increased by 67% per year, which means it is tracking significantly ahead of earnings growth. Duyuru • Jan 29
Time Technoplast Limited to Report Q3, 2026 Results on Feb 12, 2026 Time Technoplast Limited announced that they will report Q3, 2026 results on Feb 12, 2026 Reported Earnings • Nov 16
Second quarter 2026 earnings released: EPS: ₹2.54 (vs ₹2.17 in 2Q 2025) Second quarter 2026 results: EPS: ₹2.54 (up from ₹2.17 in 2Q 2025). Revenue: ₹15.1b (up 10% from 2Q 2025). Net income: ₹1.15b (up 17% from 2Q 2025). Profit margin: 7.6% (up from 7.2% in 2Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Packaging industry in India. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has increased by 58% per year, which means it is tracking significantly ahead of earnings growth. Duyuru • Nov 12
Time Technoplast Limited to Report Q2, 2026 Results on Nov 14, 2025 Time Technoplast Limited announced that they will report Q2, 2026 results on Nov 14, 2025 Duyuru • Nov 06
Time Technoplast Limited has filed a Follow-on Equity Offering. Time Technoplast Limited has filed a Follow-on Equity Offering.
Security Name: Equity Shares
Security Type: Common Stock
Price(minimum): INR 211.7
Transaction Features: Regulation S; Subsequent Direct Listing Upcoming Dividend • Aug 28
Upcoming dividend of ₹2.50 per share Eligible shareholders must have bought the stock before 04 September 2025. Payment date: 11 October 2025. Payout ratio is a comfortable 15% and this is well supported by cash flows. Trailing yield: 0.5%. Lower than top quartile of Indian dividend payers (1.3%). Lower than average of industry peers (0.9%). Reported Earnings • Aug 12
First quarter 2026 earnings released: EPS: ₹4.19 (vs ₹3.49 in 1Q 2025) First quarter 2026 results: EPS: ₹4.19 (up from ₹3.49 in 1Q 2025). Revenue: ₹13.5b (up 10.0% from 1Q 2025). Net income: ₹951.0m (up 20% from 1Q 2025). Profit margin: 7.0% (up from 6.4% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Packaging industry in India. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has increased by 63% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Jun 09
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹440, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 18x in the Packaging industry in India. Total returns to shareholders of 330% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹380 per share. Reported Earnings • May 28
Full year 2025 earnings: EPS and revenues miss analyst expectations Full year 2025 results: EPS: ₹17.10 (up from ₹13.71 in FY 2024). Revenue: ₹54.6b (up 9.3% from FY 2024). Net income: ₹3.88b (up 25% from FY 2024). Profit margin: 7.1% (up from 6.2% in FY 2024). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 2.3%. Earnings per share (EPS) also missed analyst estimates by 2.8%. Revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Packaging industry in India. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has increased by 53% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • May 16
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹358, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 18x in the Packaging industry in India. Total returns to shareholders of 268% over the past three years. New Risk • May 12
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (8.4% average weekly change). Buy Or Sell Opportunity • May 08
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 22% to ₹315. The fair value is estimated to be ₹401, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 25%. Revenue is forecast to grow by 32% in 2 years. Earnings are forecast to grow by 63% in the next 2 years. Valuation Update With 7 Day Price Move • Apr 08
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to ₹349, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 17x in the Packaging industry in India. Total returns to shareholders of 333% over the past three years. Reported Earnings • Feb 12
Third quarter 2025 earnings released: EPS: ₹4.44 (vs ₹4.05 in 3Q 2024) Third quarter 2025 results: EPS: ₹4.44 (up from ₹4.05 in 3Q 2024). Revenue: ₹13.9b (up 4.7% from 3Q 2024). Net income: ₹1.01b (up 10.0% from 3Q 2024). Profit margin: 7.3% (up from 6.9% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Packaging industry in India. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has increased by 70% per year, which means it is tracking significantly ahead of earnings growth. New Risk • Feb 11
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.7% average weekly change). New Risk • Nov 29
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.6% average weekly change). Valuation Update With 7 Day Price Move • Nov 26
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹425, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 21x in the Packaging industry in India. Total returns to shareholders of 490% over the past three years. Reported Earnings • Nov 12
Second quarter 2025 earnings released: EPS: ₹4.33 (vs ₹3.11 in 2Q 2024) Second quarter 2025 results: EPS: ₹4.33 (up from ₹3.11 in 2Q 2024). Revenue: ₹13.7b (up 15% from 2Q 2024). Net income: ₹983.6m (up 40% from 2Q 2024). Profit margin: 7.2% (up from 5.9% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Packaging industry in India. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has increased by 72% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Oct 14
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹418, the stock trades at a trailing P/E ratio of 28.4x. Average trailing P/E is 27x in the Packaging industry in India. Total returns to shareholders of 474% over the past three years. Upcoming Dividend • Sep 13
Upcoming dividend of ₹2.00 per share Eligible shareholders must have bought the stock before 20 September 2024. Payment date: 27 October 2024. Payout ratio is a comfortable 15% and this is well supported by cash flows. Trailing yield: 0.5%. Lower than top quartile of Indian dividend payers (1.0%). Lower than average of industry peers (0.7%). Declared Dividend • Aug 14
Dividend increased to ₹2.00 Dividend of ₹2.00 is 60% higher than last year. Ex-date: 20th September 2024 Payment date: 27th October 2024 Dividend yield will be 0.5%, which is lower than the industry average of 0.8%. Sustainability & Growth Dividend is well covered by both earnings (15% earnings payout ratio) and cash flows (20% cash payout ratio). The dividend has increased by an average of 16% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 10% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Duyuru • Aug 13
Time Technoplast Limited, Annual General Meeting, Sep 27, 2024 Time Technoplast Limited, Annual General Meeting, Sep 27, 2024, at 16:00 Indian Standard Time. Reported Earnings • Aug 13
First quarter 2025 earnings released: EPS: ₹3.49 (vs ₹2.48 in 1Q 2024) First quarter 2025 results: EPS: ₹3.49 (up from ₹2.48 in 1Q 2024). Revenue: ₹12.3b (up 14% from 1Q 2024). Net income: ₹793.1m (up 41% from 1Q 2024). Profit margin: 6.4% (up from 5.2% in 1Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has increased by 65% per year, which means it is tracking significantly ahead of earnings growth. Duyuru • Jul 31
Time Technoplast Limited to Report Q1, 2025 Results on Aug 12, 2024 Time Technoplast Limited announced that they will report Q1, 2025 results on Aug 12, 2024 Recent Insider Transactions • Jun 25
Key Executive recently sold ₹19m worth of stock On the 20th of June, Naveen Mahendra Jain sold around 65k shares on-market at roughly ₹299 per share. This transaction amounted to 1.4% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Naveen Mahendra's only on-market trade for the last 12 months. Recent Insider Transactions • Jun 19
Insider recently sold ₹741k worth of stock On the 14th of June, Sandip Modi sold around 2k shares on-market at roughly ₹311 per share. This transaction amounted to 11% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth ₹2.9m. Insiders have been net sellers, collectively disposing of ₹7.6m more than they bought in the last 12 months. Duyuru • May 24
Time Technoplast Limited Recommends Final Dividend for the Financial Year Ended 31 March, 2024 Time Technoplast Limited announced that at the board meeting held on May 23, 2024 recommended final dividend of INR 2/- (200%) per equity share of face value of INR 1/- each for the financial year ended 31 March, 2024, subject to the approval of the Members at the up coming Annual General Meeting. Duyuru • May 12
Time Technoplast Limited to Report Q4, 2024 Results on May 23, 2024 Time Technoplast Limited announced that they will report Q4, 2024 results on May 23, 2024 Recent Insider Transactions • Apr 02
Key Executive recently sold ₹1.3m worth of stock On the 28th of March, Sanjaya Kulkarni sold around 5k shares on-market at roughly ₹255 per share. This transaction amounted to 7.1% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth ₹1.6m. This was Sanjaya's only on-market trade for the last 12 months. New Risk • Mar 26
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 9.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (9.0% average weekly change). Valuation Update With 7 Day Price Move • Mar 26
Investor sentiment improves as stock rises 29% After last week's 29% share price gain to ₹250, the stock trades at a trailing P/E ratio of 20.1x. Average trailing P/E is 21x in the Packaging industry in India. Total returns to shareholders of 331% over the past three years. Recent Insider Transactions • Feb 23
Board Member recently sold ₹1.6m worth of stock On the 20th of February, Sanjeev Sharma sold around 7k shares on-market at roughly ₹223 per share. This transaction amounted to 32% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹2.1m more than they bought in the last 12 months. Valuation Update With 7 Day Price Move • Feb 19
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to ₹215, the stock trades at a trailing P/E ratio of 17.4x. Average trailing P/E is 22x in the Packaging industry in India. Total returns to shareholders of 318% over the past three years. Buy Or Sell Opportunity • Feb 13
Now 29% overvalued after recent price rise Over the last 90 days, the stock has risen 15% to ₹200. The fair value is estimated to be ₹155, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Earnings per share has grown by 28%. Duyuru • Feb 06
Time Technoplast Limited to Report Q3, 2024 Results on Feb 12, 2024 Time Technoplast Limited announced that they will report Q3, 2024 results on Feb 12, 2024 Reported Earnings • Nov 11
Second quarter 2024 earnings released: EPS: ₹3.11 (vs ₹2.20 in 2Q 2023) Second quarter 2024 results: EPS: ₹3.11 (up from ₹2.20 in 2Q 2023). Revenue: ₹11.9b (up 17% from 2Q 2023). Net income: ₹704.0m (up 41% from 2Q 2023). Profit margin: 5.9% (up from 4.9% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has increased by 60% per year, which means it is tracking significantly ahead of earnings growth. Duyuru • Sep 28
Time Technoplast Limited Approves the Declaration of Dividend for the Financial Year Ended March 31, 2023 Time Technoplast Limited at its AGM held on September 26, 2023, approved the declaration of Dividend at the rate of INR 1.25 per equity share (125%) on the face value of INR 1 each for the financial year ended March 31, 2023. Upcoming Dividend • Sep 11
Upcoming dividend of ₹1.25 per share at 0.8% yield Eligible shareholders must have bought the stock before 18 September 2023. Payment date: 26 October 2023. Payout ratio is a comfortable 13% and this is well supported by cash flows. Trailing yield: 0.8%. Lower than top quartile of Indian dividend payers (1.3%). In line with average of industry peers (0.9%). Duyuru • Sep 05
Time Technoplast Limited Proposes Dividend for the Financial Year Ended 31 March, 2023 Time Technoplast Limited at the AGM held on 26 September, 2023 propsoed a dividend at the rate of INR 1.25 per equity share on the face value of INR 1 each for the financial year ended 31 March, 2023 and the same be paid as recommended by the Board of Directors of the Company, out of the profits of the Company for the Financial Year ended 31st March, 2023. Duyuru • Aug 11
Time Technoplast Limited, Annual General Meeting, Sep 26, 2023 Time Technoplast Limited, Annual General Meeting, Sep 26, 2023, at 16:00 Indian Standard Time. Reported Earnings • Aug 11
First quarter 2024 earnings released: EPS: ₹2.48 (vs ₹1.96 in 1Q 2023) First quarter 2024 results: EPS: ₹2.48 (up from ₹1.96 in 1Q 2023). Revenue: ₹10.8b (up 14% from 1Q 2023). Net income: ₹560.9m (up 26% from 1Q 2023). Profit margin: 5.2% (up from 4.7% in 1Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has increased by 51% per year, which means it is tracking significantly ahead of earnings growth. Duyuru • Jul 24
Time Technoplast Limited to Report Q1, 2024 Results on Aug 10, 2023 Time Technoplast Limited announced that they will report Q1, 2024 results on Aug 10, 2023 Valuation Update With 7 Day Price Move • Jun 05
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₹106, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 20x in the Packaging industry in India. Total returns to shareholders of 198% over the past three years. Reported Earnings • May 30
Full year 2023 earnings released: EPS: ₹9.69 (vs ₹8.31 in FY 2022) Full year 2023 results: EPS: ₹9.69 (up from ₹8.31 in FY 2022). Revenue: ₹42.9b (up 18% from FY 2022). Net income: ₹2.19b (up 17% from FY 2022). Profit margin: 5.1% (in line with FY 2022). Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has increased by 37% per year, which means it is tracking significantly ahead of earnings growth. Duyuru • May 30
Time Technoplast Limited Recommends Final Dividend for the Financial Year Ended 31 March, 2023 Time Technoplast Limited announced that at the board meeting held on May 29, 2023 recommended final dividend of INR 1.25 (125%) per equity share of face value of INR 1 each for the financial year ended 31 March, 2023, subject to the approval of the Members at the upcoming Annual General Meeting. Duyuru • May 19
Time Technoplast Limited to Report Q4, 2023 Results on May 29, 2023 Time Technoplast Limited announced that they will report Q4, 2023 results on May 29, 2023 Valuation Update With 7 Day Price Move • Apr 03
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹80.47, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 16x in the Packaging industry in India. Total returns to shareholders of 245% over the past three years. Buying Opportunity • Feb 20
Now 22% undervalued after recent price drop Over the last 90 days, the stock is down 9.6%. The fair value is estimated to be ₹108, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.4% over the last 3 years. Earnings per share has grown by 15%. Revenue is forecast to grow by 11% in a year. Earnings is forecast to grow by 32% in the next year. Reported Earnings • Feb 15
Third quarter 2023 earnings released: EPS: ₹2.71 (vs ₹2.38 in 3Q 2022) Third quarter 2023 results: EPS: ₹2.71 (up from ₹2.38 in 3Q 2022). Revenue: ₹11.3b (up 20% from 3Q 2022). Net income: ₹612.5m (up 14% from 3Q 2022). Profit margin: 5.4% (down from 5.7% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Packaging industry in India. Over the last 3 years on average, earnings per share has increased by 15% per year whereas the company’s share price has increased by 19% per year. Buying Opportunity • Feb 03
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 22%. The fair value is estimated to be ₹101, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 2.9% over the last 3 years. Earnings per share has grown by 6.0%. Revenue is forecast to grow by 13% in a year. Earnings is forecast to grow by 28% in the next year. Duyuru • Feb 02
Time Technoplast Limited to Report Q3, 2023 Results on Feb 14, 2023 Time Technoplast Limited announced that they will report Q3, 2023 results on Feb 14, 2023 Buying Opportunity • Jan 19
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 10%. The fair value is estimated to be ₹110, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 2.9% over the last 3 years. Earnings per share has grown by 6.0%. Revenue is forecast to grow by 13% in a year. Earnings is forecast to grow by 28% in the next year. Buying Opportunity • Nov 21
Now 29% undervalued after recent price drop Over the last 90 days, the stock is down 13%. The fair value is estimated to be ₹131, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 2.9% over the last 3 years. Earnings per share has grown by 6.0%. Revenue is forecast to grow by 13% in a year. Earnings is forecast to grow by 28% in the next year. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Chairman of the Board Sanjaya Kulkarni was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Duyuru • Nov 13
Time Technoplast Limited Approves the Appointment of Sanjeev Sharma as Whole Time Director The board of directors of Time Technoplast Limited at its meeting held on November 12, 2022, upon recommendation of nomination and remuneration committee, the board considered and approved the appointment of Mr. Sanjeev Sharma as a Whole Time Director (subject to the approval of members) of the company with effect from November 12, 2022 to hold office up to forthcoming General Meeting in terms of Section 161 of the Companies Act, 2013 read with Regulation 17(1C) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Mr. Sanjeev Sharma is associated with the company since last 26 years and is currently designated as President - International Operations. He is presently looking after North - East region of Company in 5 locations in India along with overseas operations in 10 countries. He has vast experience in operation activities, marketing with complete ownership including direct-to-consumer (DTC) marketing and brand/product licensing arrangements that generate wealth as well as significant network of executive colleagues in various industries. He has completed his B.Tech - Electrical in 1994 and Professional MBA in 2000 from IIM, Indore. Reported Earnings • Nov 13
Second quarter 2023 earnings released: EPS: ₹2.20 (vs ₹2.22 in 2Q 2022) Second quarter 2023 results: EPS: ₹2.20 (down from ₹2.22 in 2Q 2022). Revenue: ₹10.2b (up 12% from 2Q 2022). Net income: ₹498.3m (flat on 2Q 2022). Profit margin: 4.9% (down from 5.5% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Packaging industry in India. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 18% per year, which means it is tracking significantly ahead of earnings growth. Duyuru • Sep 29
Time Technoplast Limited Approves Final Dividend for the Financial Year Ended 31 March, 2022 Time Technoplast Limited approved final dividend at INR 1 per share (100%) on face value of INR 1 each for the financial year ended 31 March, 2022 at its annual general meeting held on 28 September 2022. Buying Opportunity • Sep 23
Now 21% undervalued Over the last 90 days, the stock is up 4.2%. The fair value is estimated to be ₹136, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue is forecast to grow by 10% in a year. Earnings is forecast to grow by 18% in the next year. Upcoming Dividend • Sep 13
Upcoming dividend of ₹1.00 per share Eligible shareholders must have bought the stock before 20 September 2022. Payment date: 28 October 2022. Payout ratio is a comfortable 11% and this is well supported by cash flows. Trailing yield: 0.8%. Lower than top quartile of Indian dividend payers (1.5%). Lower than average of industry peers (1.1%). Valuation Update With 7 Day Price Move • Aug 29
Investor sentiment improved over the past week After last week's 15% share price gain to ₹122, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 18x in the Packaging industry in India. Total returns to shareholders of 110% over the past three years. Buying Opportunity • Aug 19
Now 21% undervalued Over the last 90 days, the stock is up 5.0%. The fair value is estimated to be ₹132, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue is forecast to grow by 10% in a year. Earnings is forecast to grow by 18% in the next year. Reported Earnings • Aug 18
First quarter 2023 earnings released: EPS: ₹1.96 (vs ₹1.26 in 1Q 2022) First quarter 2023 results: EPS: ₹1.96 (up from ₹1.26 in 1Q 2022). Revenue: ₹9.45b (up 25% from 1Q 2022). Net income: ₹443.9m (up 56% from 1Q 2022). Profit margin: 4.7% (up from 3.8% in 1Q 2022). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 10%, compared to a 13% growth forecast for the Packaging industry in India. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 23% per year, which means it is well ahead of earnings. Duyuru • Jul 31
Time Technoplast Limited to Report Q1, 2023 Results on Aug 13, 2022 Time Technoplast Limited announced that they will report Q1, 2023 results on Aug 13, 2022 Valuation Update With 7 Day Price Move • Jun 09
Investor sentiment improved over the past week After last week's 15% share price gain to ₹116, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 12x in the Packaging industry in Asia. Total returns to shareholders of 27% over the past three years. Reported Earnings • May 30
Full year 2022 earnings: EPS and revenues miss analyst expectations Full year 2022 results: EPS: ₹8.31 (up from ₹4.57 in FY 2021). Revenue: ₹36.5b (up 21% from FY 2021). Net income: ₹1.88b (up 82% from FY 2021). Profit margin: 5.1% (up from 3.4% in FY 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 100%. Earnings per share (EPS) also missed analyst estimates by 100%. Over the next year, revenue is forecast to grow 11%, compared to a 12% growth forecast for the industry in India. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Duyuru • May 18
Time Technoplast Limited to Report Q4, 2022 Results on May 28, 2022 Time Technoplast Limited announced that they will report Q4, 2022 results on May 28, 2022 Price Target Changed • Apr 27
Price target decreased to ₹85.00 Down from ₹101, the current price target is provided by 1 analyst. New target price is 13% below last closing price of ₹98.10. Stock is up 25% over the past year. The company is forecast to post earnings per share of ₹8.80 for next year compared to ₹4.57 last year. Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment improved over the past week After last week's 24% share price gain to ₹79.10, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 20x in the Packaging industry in India. Total loss to shareholders of 14% over the past three years. Valuation Update With 7 Day Price Move • Feb 24
Investor sentiment deteriorated over the past week After last week's 16% share price decline to ₹64.30, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 17x in the Packaging industry in India. Total loss to shareholders of 24% over the past three years. Buying Opportunity • Feb 17
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 4.6%. The fair value is estimated to be ₹97.11, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 3.4% per annum over the last 3 years. Earnings per share has declined by 14% per annum over the last 3 years. Reported Earnings • Feb 15
Third quarter 2022 earnings: EPS exceeds analyst expectations Third quarter 2022 results: EPS: ₹2.38 (up from ₹1.70 in 3Q 2021). Revenue: ₹9.43b (up 13% from 3Q 2021). Net income: ₹537.2m (up 40% from 3Q 2021). Profit margin: 5.7% (up from 4.6% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 2.5%. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings. Duyuru • Feb 07
Time Technoplast Ltd. Announces Demise of its Managing Director Anil Jain Time Technoplast Ltd. announced the sudden demise of its Managing Director Mr. Anil Jain, on the 6 February, 2022. Mr. Anil Jain was one of the Co-Founder /Promoter Director of the Company and played crucial leadership roles in the growth of Time and its Group entities. Mr. Anil Jain was on the Board of the Company since inception and the Company has immensely benefitted from his vision and leadership during his tenure. Valuation Update With 7 Day Price Move • Nov 17
Investor sentiment improved over the past week After last week's 21% share price gain to ₹85.80, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 22x in the Packaging industry in India. Total loss to shareholders of 20% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹88.48 per share. Upcoming Dividend • Sep 14
Upcoming dividend of ₹0.70 per share Eligible shareholders must have bought the stock before 21 September 2021. Payment date: 29 October 2021. Trailing yield: 1.0%. Lower than top quartile of Indian dividend payers (1.5%). In line with average of industry peers (1.1%). Valuation Update With 7 Day Price Move • Aug 23
Investor sentiment deteriorated over the past week After last week's 15% share price decline to ₹67.65, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 19x in the Packaging industry in India. Total loss to shareholders of 54% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹78.60 per share. Executive Departure • Aug 19
Independent Chairman Kuthoore Venkatasubramanian has left the company On the 13th of August, Kuthoore Venkatasubramanian's tenure as Independent Chairman ended. We don't have any record of a personal shareholding under Kuthoore's name. Kuthoore is the only executive to leave the company over the last 12 months. Reported Earnings • Aug 18
First quarter 2022 earnings released: EPS ₹1.26 (vs ₹0.52 loss in 1Q 2021) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: ₹7.55b (up 59% from 1Q 2021). Net income: ₹285.2m (up ₹401.9m from 1Q 2021). Profit margin: 3.8% (up from net loss in 1Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 21% per year whereas the company’s share price has fallen by 20% per year. Reported Earnings • Jun 01
Full year 2021 earnings released: EPS ₹4.57 (vs ₹7.48 in FY 2020) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: ₹30.1b (down 16% from FY 2020). Net income: ₹1.03b (down 39% from FY 2020). Profit margin: 3.4% (down from 4.7% in FY 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 21% per year whereas the company’s share price has fallen by 16% per year. Duyuru • May 29
Time Technoplast Limited Recommends Final Dividend for the Financial Year Ended March 31, 2021 Time Technoplast Limited, at its SBM held on May 28, 2021, the board of directors recommended final dividend of INR 0.70 per equity shares of face value of INR 1.00 each being 70%, for the financial year ended March 31, 2021, subject to the approval of the Shareholders at the upcoming Annual General Meeting. Price Target Changed • May 26
Price target increased to ₹88.50 Up from ₹68.00, the current price target is provided by 1 analyst. New target price is 10% above last closing price of ₹80.45. Stock is up 181% over the past year. 
