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Last Updated: April 2, 2026, 3:49 am
Author: Getaka|Social: XLinkedIn
Stock Ticker - BSE: 532856 | NSE: TIMETECHNO

Time Technoplast Ltd: Intrinsic Value & Share Price Analysis

Fair Value

₹130.43Overvalued by 22.36%vs CMP ₹168.00

P/E (18.5) × ROE (14.2%) × BV (₹61.60) × DY (0.75%)

₹114.95Overvalued by 31.58%vs CMP ₹168.00
MoS: -46.2% (Negative)Confidence: 58/100 (Moderate)Models: 1 Under, 1 Fair, 7 Over
ModelCategoryValueWeightSignal
PE-ROEEarnings₹154.2123%Fair (-8.2%)
Graham NumberEarnings₹115.4117%Over (-31.3%)
Earnings PowerEarnings₹39.2011%Over (-76.7%)
DCFCash Flow₹197.6711%Under (+17.7%)
Net Asset ValueAssets₹61.827%Over (-63.2%)
EV/EBITDAEnterprise₹141.319%Over (-15.9%)
Earnings YieldEarnings₹96.107%Over (-42.8%)
ROCE CapitalReturns₹64.427%Over (-61.7%)
Revenue MultipleRevenue₹55.436%Over (-67%)
Consensus (9 models)₹114.95100%Overvalued
Key Drivers: Wide model spread (₹39–₹198) — high uncertainty.

PE-ROE · Graham · EPV · DCF · NAV · EV/EBITDA · DDM · Earnings Yield · ROCE Capital · Revenue Multiple | CoE: 12% · Terminal: 4% · EPS CAGR: 18.2%

*Investments are subject to market risks

Investment Snapshot

66
Time Technoplast Ltd scores 66/100 (Average)
Based on 5 dimensions: health, institutional flow, earnings quality, momentum, and peer comparison
Stock Health76/100 · Strong
ROCE 17.4% GoodROE 14.2% GoodD/E 0.35 ModerateInterest Coverage 0.0x RiskyProfitable 5/5 years Consistent
Smart Money70/100 · Strong
FII holding up 3.59% (6mo) AccumulatingDII holding up 3.71% MF buyingPromoter decreased by 4.11% Caution
Earnings Quality50/100 · Moderate
OPM stable around 14% Steady
Quarterly Momentum68/100 · Strong
Revenue (4Q): +10% YoY GrowingProfit (4Q): +21% YoY Positive
Industry Rank65/100 · Strong
P/E 18.5 vs industry 12.6 In-lineROCE 17.4% vs industry 12.9% Above peers3Y sales CAGR: 14% Moderate

Weights: Health 30% · Earnings Quality 25% · Momentum 20% · Industry Rank 15% · Smart Money 10%. Scores are computed from reported financials and recalculated daily. Not investment advice.

Share Price and Basic Stock Data

Last Updated: April 2, 2026, 3:49 am

Market Cap 8,270 Cr.
Current Price 168
Intrinsic Value₹114.95
High / Low 249/153
Stock P/E18.5
Book Value 61.6
Dividend Yield0.75 %
ROCE17.4 %
ROE14.2 %
Face Value 1.00
PEG Ratio1.01

Stock P/E, Current Price, and Intrinsic Value Over Time

View Share Price Target for Time Technoplast Ltd

Competitors

Stock Name Market Cap Current Price High / Low Stock P/E Book Value Dividend Yield ROCE ROE Face Value
Time Technoplast Ltd 8,270 Cr. 168 249/15318.5 61.60.75 %17.4 %14.2 % 1.00
Huhtamaki India Ltd 1,219 Cr. 161 273/14910.4 1631.24 %13.0 %9.84 % 2.00
HCP Plastene Bulkpack Ltd 177 Cr. 166 216/88.88.84 63.40.60 %13.2 %17.5 % 10.0
Flexituff Ventures International Ltd 21.0 Cr. 6.39 44.0/6.04 7.080.00 %8.07 %% 10.0
Industry Average3,222.00 Cr125.3512.5873.770.65%12.92%13.85%5.75

All Competitor Stocks of Time Technoplast Ltd

Quarterly Result

MetricDec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Sales 1,1291,1921,0791,1941,3251,3941,2301,3711,3881,4691,3531,5111,565
Expenses 9781,0239321,0271,1341,2081,0561,1741,1871,2551,1581,2881,331
Operating Profit 151169147167191186174196201214195223234
OPM % 13%14%14%14%14%13%14%14%14%15%14%15%15%
Other Income 21102111122112
Interest 26332625252524232222222219
Depreciation 43454546424041424344454646
Profit before tax 84927696126133110133137150129157171
Tax % 26%29%25%25%26%29%27%25%25%25%25%25%25%
Net Profit 6365577193948010010211297117129
EPS in Rs 1.351.411.241.562.022.031.752.172.222.412.102.542.56

Last Updated: March 3, 2026, 2:10 pm

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: February 26, 2026, 5:16 am

MetricMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales 2,1552,4472,3962,7553,1033,5643,5783,0053,6504,2894,9925,4575,897
Expenses 1,8472,1082,0482,3502,6303,0403,0792,6183,1443,7124,3024,6725,032
Operating Profit 308339348404473524499387506577691785865
OPM % 14%14%15%15%15%15%14%13%14%13%14%14%15%
Other Income 642222324341456
Interest 991049690889910898921051019284
Depreciation 878799116137146156151157171173170180
Profit before tax 128150174201250282237142259305431529607
Tax % 23%25%19%25%26%26%26%26%26%27%27%25%
Net Profit 99113142151185209175106192224316394454
EPS in Rs 2.272.613.293.253.994.483.742.294.164.846.848.559.61
Dividend Payout % 10%10%8%10%10%10%13%15%12%13%15%15%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-20232023-20242024-2025
YoY Net Profit Growth (%)14.14%25.66%6.34%22.52%12.97%-16.27%-39.43%81.13%16.67%41.07%24.68%
Change in YoY Net Profit Growth (%)0.00%11.52%-19.33%16.18%-9.54%-29.24%-23.16%120.56%-64.47%24.40%-16.39%

Time Technoplast Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.

Growth

Compounded Sales Growth
10 Years:8%
5 Years:9%
3 Years:14%
TTM:8%
Compounded Profit Growth
10 Years:13%
5 Years:18%
3 Years:27%
TTM:21%
Stock Price CAGR
10 Years:25%
5 Years:63%
3 Years:57%
1 Year:12%
Return on Equity
10 Years:11%
5 Years:11%
3 Years:12%
Last Year:14%

Last Updated: September 5, 2025, 1:46 pm

Balance Sheet

Last Updated: December 4, 2025, 2:07 am

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital 21212123232323232323232345
Reserves 9081,0161,1471,3041,4611,6471,7921,8802,0502,2472,5302,8692,998
Borrowings 861804746722777840890863906900829732684
Other Liabilities 460493505523632691659538626660732775789
Total Liabilities 2,2502,3342,4202,5712,8923,2003,3643,3043,6043,8294,1144,3994,516
Fixed Assets 1,1451,1541,1471,1001,2001,2791,3491,2811,3141,3831,3681,3731,419
CWIP 45437187949881407068417960
Investments 0000000000234
Other Assets 1,0601,1381,2021,3841,5981,8221,9341,9832,2202,3792,7032,9433,032
Total Assets 2,2502,3342,4202,5712,8923,2003,3643,3043,6043,8294,1144,3994,516

Reserves and Borrowings Chart

Cash Flow

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity + 214269289188303281301257291370406431
Cash from Investing Activity + -124-98-120-212-244-231-138-105-179-216-187-147
Cash from Financing Activity + -74-172-16719-51-58-148-151-104-154-197-249
Net Cash Flow 16-01-58-7161812235
Free Cash Flow 91172173-245951164155104147251275
CFO/OP 79%87%92%56%75%65%73%75%68%76%72%70%

Free Cash Flow

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Free Cash Flow-553.00-465.00-398.00-318.00-304.00-316.00-391.00-476.00-400.00-323.00-138.0053.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days 736975777980849787807978
Inventory Days 104102104104109107110132129117107108
Days Payable 716770667469655655484542
Cash Conversion Cycle 106104110115113118130173161150141143
Working Capital Days 17192653616581111989693106
ROCE %13%13%14%14%15%16%13%9%12%13%16%17%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthMar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Promoters 51.47%51.69%51.69%51.51%51.56%51.56%51.56%51.56%51.62%51.62%51.62%47.51%
FIIs 8.05%6.88%5.96%5.70%6.18%6.78%6.69%7.65%8.07%8.29%8.41%11.66%
DIIs 8.16%6.21%9.95%10.42%10.93%10.97%12.87%13.20%12.99%12.92%13.18%16.70%
Public 32.31%35.22%32.39%32.37%31.32%30.67%28.88%27.60%27.32%27.16%26.79%24.13%
No. of Shareholders 86,65677,99873,77974,10978,6321,02,5311,10,9831,22,3331,27,6051,37,3451,44,3201,49,655

Shareholding Pattern Chart

No. of Shareholders

Time Technoplast Ltd: Intrinsic Value & Share Price Analysis - Shareholder trend analysis

Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)Previous Number of SharesPrevious DatePercentage Change
Tata Small Cap Fund 14,203,058 2.44 261N/AN/AN/A
HSBC Small Cap Fund 13,621,000 1.63 250.3N/AN/AN/A
HDFC Balanced Advantage Fund 12,000,000 0.2 220.51N/AN/AN/A
Axis Small Cap Fund 6,424,073 0.45 118.056,181,5422026-03-11 13:08:073.92%
HSBC Value Fund 5,200,438 0.65 95.564,305,4502025-12-15 02:18:3820.79%
Tata Value Fund 3,000,000 0.63 55.13N/AN/AN/A
Bandhan Small Cap Fund 1,246,335 0.11 22.91,231,3352026-02-23 03:11:261.22%
Edelweiss Aggressive Hybrid Fund 859,684 0.45 15.81,243,0402026-03-11 19:58:49-30.84%
HSBC Business Cycles Fund 824,000 1.37 15.14193,5002025-11-02 07:29:11325.84%
HSBC Balanced Advantage Fund 800,000 0.96 14.7N/AN/AN/A

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 25Mar 24Mar 23Mar 22Mar 21
FaceValue 1.001.001.001.001.00
Basic EPS (Rs.) 17.1013.719.698.314.57
Diluted EPS (Rs.) 17.1013.679.648.294.56
Cash EPS (Rs.) 24.8621.5317.4515.4611.36
Book Value[Excl.RevalReserv]/Share (Rs.) 127.45112.39102.8193.8686.07
Book Value[Incl.RevalReserv]/Share (Rs.) 127.45112.49102.9294.0186.28
Revenue From Operations / Share (Rs.) 240.47220.00189.67161.39132.87
PBDIT / Share (Rs.) 34.8231.0725.6922.5017.29
PBIT / Share (Rs.) 27.3523.4618.1315.5410.61
PBT / Share (Rs.) 23.3118.9913.4811.476.29
Net Profit / Share (Rs.) 17.3813.929.898.504.68
NP After MI And SOA / Share (Rs.) 17.1013.689.698.314.57
PBDIT Margin (%) 14.4814.1213.5413.9313.01
PBIT Margin (%) 11.3710.669.559.627.98
PBT Margin (%) 9.698.637.107.104.73
Net Profit Margin (%) 7.226.325.215.263.52
NP After MI And SOA Margin (%) 7.106.215.105.153.44
Return on Networth / Equity (%) 13.4112.179.669.085.44
Return on Capital Employeed (%) 18.7017.9314.8713.7810.21
Return On Assets (%) 8.817.545.725.213.13
Long Term Debt / Equity (X) 0.050.060.100.120.13
Total Debt / Equity (X) 0.220.290.350.390.35
Asset Turnover Ratio (%) 1.281.261.150.660.58
Current Ratio (X) 2.682.332.182.072.04
Quick Ratio (X) 1.621.411.261.211.25
Inventory Turnover Ratio (X) 4.963.503.292.322.09
Dividend Payout Ratio (NP) (%) 12.129.4810.688.7821.43
Dividend Payout Ratio (CP) (%) 8.436.096.004.788.71
Earning Retention Ratio (%) 87.8890.5289.3291.2278.57
Cash Earning Retention Ratio (%) 91.5793.9194.0095.2291.29
Interest Coverage Ratio (X) 8.636.955.525.534.00
Interest Coverage Ratio (Post Tax) (X) 5.314.113.133.092.08
Enterprise Value (Cr.) 10016.336314.292510.592230.872003.43
EV / Net Operating Revenue (X) 1.841.260.580.610.66
EV / EBITDA (X) 12.688.964.324.385.12
MarketCap / Net Operating Revenue (X) 1.741.130.400.390.45
Retention Ratios (%) 87.8790.5189.3191.2178.56
Price / BV (X) 3.282.220.760.690.71
Price / Net Operating Revenue (X) 1.741.130.400.390.45
EarningsYield 0.040.050.120.130.07

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

About the Company - Qualitative Analysis

Time Technoplast Ltd. is a Public Limited Listed company incorporated on 20/12/1989 and has its registered office in the State of Daman & Diu, India. Company's Corporate Identification Number(CIN) is L27203DD1989PLC003240 and registration number is 003240. Currently Company is involved in the business activities of Manufacture of plastics products. Company's Total Operating Revenue is Rs. 2662.68 Cr. and Equity Capital is Rs. 22.69 Cr. for the Year ended 31/03/2025.
INDUSTRYADDRESSCONTACT
Packaging & Containers101, 1st Floor, Centre Point, Daman Daman & Diu 396210Contact not found
Management
NamePosition Held
Mr. Sanjaya KulkarniChairman (Non - Executive) & Non Independent Direc
Mr. Bharat Kumar VageriaManaging Director & CFO
Mr. Naveen Kumar JainWhole Time Director
Mr. Raghupathy ThyagarajanWhole Time Director
Mr. Sanjeev SharmaWhole Time Director
Mr. Vishal JainNon Exe.Non Ind.Director
Mr. Mahinder Kumar WadhwaInd. Non-Executive Director
Ms. Triveni MakhijaniInd. Non-Executive Director
Mr. Praveen Kumar AgarwalInd. Non-Executive Director
Mr. Pradip Kumar DasInd. Non-Executive Director
Mr. Deepak BakhshiInd. Non-Executive Director

FAQ

What is the intrinsic value of Time Technoplast Ltd and is it undervalued?

As of 12 April 2026, Time Technoplast Ltd's intrinsic value is ₹114.95, which is 31.58% lower than the current market price of ₹168.00, suggesting the stock is overvalued. This is calculated using the PE ratio method factoring in ROE (14.2 %), book value (₹61.6), dividend yield (0.75 %), and 5-year EPS CAGR.

What is the current share price and 52-week range of Time Technoplast Ltd?

Time Technoplast Ltd is trading at ₹168.00 as of 12 April 2026, with a FY2026-2027 high of ₹249 and low of ₹153. The stock is currently near its 52-week low. Market cap stands at ₹8,270 Cr..

How does Time Technoplast Ltd's P/E ratio compare to its industry?

Time Technoplast Ltd has a P/E ratio of 18.5, which is above the industry average of 12.58. The premium over industry average may reflect growth expectations or speculative interest.

Is Time Technoplast Ltd financially healthy?

Key indicators for Time Technoplast Ltd: ROCE of 17.4 % indicates efficient capital utilization. Dividend yield is 0.75 %.

Is Time Technoplast Ltd profitable and how is the profit trend?

Time Technoplast Ltd reported a net profit of ₹394 Cr in Mar 2025 on revenue of ₹5,457 Cr. Compared to ₹192 Cr in Mar 2022, the net profit shows an improving trend.

Does Time Technoplast Ltd pay dividends?

Time Technoplast Ltd has a dividend yield of 0.75 % at the current price of ₹168.00. The company pays dividends, though the yield is modest.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Time Technoplast Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE