Time Technoplast Ltd
Time Technoplast is a multinational conglomerate involved in the manufacturing of technology and innovation driven polymer & composite products.(Source : 202003-01 Annual Report Page No:74)
- Market Cap ₹ 10,790 Cr.
- Current Price ₹ 476
- High / Low ₹ 514 / 162
- Stock P/E 58.1
- Book Value ₹ 79.7
- Dividend Yield 0.41 %
- ROCE 10.7 %
- ROE 8.92 %
- Face Value ₹ 1.00
Pros
- Company has been maintaining a healthy dividend payout of 17.0%
Cons
- Stock is trading at 5.94 times its book value
- Company has a low return on equity of 7.54% over last 3 years.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Plastic products Industry: Plastics Products
Part of BSE Allcap BSE SmallCap BSE Industrials Nifty Microcap 250 Nifty Total Market
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1,049 | 1,191 | 1,318 | 1,342 | 1,596 | 1,808 | 2,117 | 2,141 | 1,725 | 2,031 | 2,242 | 2,633 | 2,805 | |
855 | 1,008 | 1,116 | 1,131 | 1,348 | 1,517 | 1,796 | 1,849 | 1,509 | 1,751 | 1,934 | 2,266 | 2,411 | |
Operating Profit | 194 | 183 | 202 | 211 | 248 | 291 | 320 | 292 | 217 | 280 | 309 | 367 | 394 |
OPM % | 18% | 15% | 15% | 16% | 16% | 16% | 15% | 14% | 13% | 14% | 14% | 14% | 14% |
4 | 23 | 1 | 36 | 2 | 2 | 2 | 2 | 2 | 3 | 2 | 14 | 16 | |
Interest | 56 | 61 | 65 | 62 | 56 | 54 | 60 | 63 | 56 | 53 | 56 | 58 | 58 |
Depreciation | 40 | 44 | 44 | 55 | 66 | 85 | 90 | 95 | 93 | 97 | 106 | 108 | 102 |
Profit before tax | 102 | 101 | 94 | 130 | 127 | 154 | 173 | 135 | 69 | 133 | 149 | 215 | 250 |
Tax % | 26% | 21% | 25% | 24% | 25% | 26% | 27% | 28% | 26% | 26% | 26% | 26% | |
76 | 80 | 70 | 99 | 95 | 113 | 126 | 98 | 51 | 99 | 111 | 160 | 186 | |
EPS in Rs | 3.60 | 3.82 | 3.33 | 4.71 | 4.20 | 5.01 | 5.58 | 4.32 | 2.27 | 4.39 | 4.92 | 7.03 | 8.19 |
Dividend Payout % | 13% | 12% | 15% | 12% | 15% | 16% | 16% | 22% | 31% | 23% | 25% | 3% |
Compounded Sales Growth | |
---|---|
10 Years: | 8% |
5 Years: | 4% |
3 Years: | 15% |
TTM: | 17% |
Compounded Profit Growth | |
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10 Years: | 7% |
5 Years: | 4% |
3 Years: | 44% |
TTM: | 42% |
Stock Price CAGR | |
---|---|
10 Years: | 24% |
5 Years: | 57% |
3 Years: | 88% |
1 Year: | 170% |
Return on Equity | |
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10 Years: | 8% |
5 Years: | 7% |
3 Years: | 8% |
Last Year: | 9% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 21 | 21 | 21 | 21 | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 |
Reserves | 680 | 748 | 804 | 903 | 1,133 | 1,229 | 1,337 | 1,413 | 1,443 | 1,525 | 1,612 | 1,746 | 1,786 |
468 | 504 | 491 | 534 | 572 | 629 | 668 | 741 | 715 | 746 | 767 | 722 | 683 | |
217 | 233 | 245 | 277 | 292 | 360 | 393 | 364 | 318 | 473 | 450 | 484 | 477 | |
Total Liabilities | 1,386 | 1,506 | 1,561 | 1,736 | 2,020 | 2,241 | 2,421 | 2,540 | 2,498 | 2,766 | 2,853 | 2,974 | 2,969 |
483 | 580 | 607 | 654 | 754 | 872 | 960 | 1,028 | 976 | 1,013 | 1,080 | 1,027 | 1,007 | |
CWIP | 106 | 40 | 29 | 48 | 60 | 57 | 49 | 41 | 25 | 37 | 37 | 39 | 55 |
Investments | 145 | 150 | 150 | 135 | 151 | 160 | 160 | 160 | 165 | 165 | 165 | 166 | 166 |
652 | 736 | 775 | 898 | 1,056 | 1,152 | 1,252 | 1,312 | 1,332 | 1,552 | 1,571 | 1,743 | 1,741 | |
Total Assets | 1,386 | 1,506 | 1,561 | 1,736 | 2,020 | 2,241 | 2,421 | 2,540 | 2,498 | 2,766 | 2,853 | 2,974 | 2,969 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
94 | 99 | 144 | 100 | 72 | 235 | 210 | 162 | 160 | 171 | 227 | 242 | |
-74 | -57 | -61 | -72 | -191 | -207 | -167 | -116 | -67 | -132 | -166 | -112 | |
-16 | -37 | -89 | -31 | 115 | -14 | -42 | -45 | -104 | -38 | -61 | -128 | |
Net Cash Flow | 4 | 6 | -6 | -2 | -4 | 13 | 1 | 0 | -10 | 0 | 0 | 2 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 78 | 82 | 79 | 94 | 96 | 95 | 90 | 96 | 117 | 110 | 107 | 98 |
Inventory Days | 109 | 101 | 101 | 106 | 110 | 112 | 106 | 105 | 128 | 125 | 114 | 107 |
Days Payable | 68 | 67 | 61 | 70 | 62 | 72 | 63 | 52 | 55 | 80 | 66 | 57 |
Cash Conversion Cycle | 119 | 117 | 119 | 131 | 144 | 135 | 132 | 150 | 190 | 154 | 155 | 148 |
Working Capital Days | 124 | 128 | 126 | 148 | 163 | 147 | 138 | 158 | 222 | 196 | 187 | 169 |
ROCE % | 14% | 13% | 12% | 11% | 11% | 12% | 12% | 9% | 6% | 8% | 9% | 11% |
Documents
Announcements
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Intimation of Repayment of Commercial Paper (CP)
18 Dec - Repayment of commercial paper due on December 18, 2024.
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Shareholder Meeting / Postal Ballot-Scrutinizer"s Report
29 Nov - Shareholders approved Rs. 1,000 Crore capital raising via QIP.
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Approval Received For The Manufacture Of TYPE-3 FULLY WRAPPED FIBRE REINFORCED COMPOSITE CYLINDERS FOR HYDROGEN POWERED FUEL CELL, UNMANNED AERIAL VEHICLES (UAV'S) & DRONES From The Petroleum And Explosives Safety Organization (PESO), Nodal Agency Of The Government Of India
23 Nov - Approval for manufacturing hydrogen-powered UAV cylinders.
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
18 Nov - Transcript of Q2 & H1FY25 results conference call.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
13 Nov - Newspaper Advertisement for Publication of Unaudited Financial Results (Consolidated & Standalone) for the Quarter and Half Year ended 30th September, 2024.
Annual reports
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Concalls
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Nov 2024Transcript PPT REC
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Market Leadership
The company holds a market share of over 55% in the domestic industrial packaging segment. It is the largest manufacturer of large-size plastic drums, the 2nd largest manufacturer of composite cylinders, and the 3rd largest manufacturer of Intermediate Bulk Containers (IBCs) globally. Additionally, it is the 2nd largest manufacturer of MOX film in India and a market leader in 9 out of the 11 countries where it operates. [1]