NSE: TIMETECHNO | BSE: 532856

Value Stock, Under Radar

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308.35 -6.25 (-1.99%)

39.96% Fall from 52W High

1.2M NSE+BSE Volume

NSE 09 May, 2025 3:31 PM (IST)

6,997.4

Market Cap

High in industry

1.6

Beta 1Year

Very High Volatility

Time Technoplast Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for TIMETECHNO, BSE:532856 Time Technoplast Ltd.

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Time Technoplast Ltd.

02 Jul 2024

308.35

-1.99%

Investment Idea

Accumulate: Time Technoplast Ltd.

Asit C Mehta Investment Intermediates

Time Technoplast holds a dominant market position with over 60% share in
domestic industrial packaging and is recognized as the world’s largest manufacturer of large-size plastic drums.

Time Technoplast Ltd. is trading below all available SMAs

Time Technoplast Ltd.

16 Nov 2022

308.35

-1.99%

Time TechnoPlast

Buy: Time Technoplast Ltd.

Recommendation Target

ICICI Direct

Time Technoplast Ltd. has an average target of 426.00 from 1 broker.

Time Technoplast Ltd.

01 Jun 2022

308.35

-1.99%

Time TechnoPlast

Hold: Time Technoplast Ltd.

ICICI Direct

Time Technoplast Ltd. has lost -23.88% in the last 6 Months

Time Technoplast Ltd.

17 Aug 2021

308.35

-1.99%

Time TechnoPlast

Buy: Time Technoplast Ltd.

ICICI Securities Limited

...

Time Technoplast Ltd. has lost -24.03% in the last 3 Months

Time Technoplast Ltd.

18 Jun 2021

308.35

-1.99%

Time TechnoPlast

Buy: Time Technoplast Ltd.

Target

ICICI Securities Limited

Higher contribution of valued added products to drive EBITDA The company has set a target to increase revenue contribution from value added product (VAP) categories from 20% in FY21 to 22% by FY25. Time Techno sees a strong revenue traction (of | 2200 crore/annum) from its newly launched CNG cascade business, going forward. Alongside, new products such as oxygen cylinder, air tanks (for commercial vehicles), hydrogen cylinder for fuel cell and composite water heater are in the approval stage. The increased revenue contribution of value added products...

Time Technoplast Ltd. is trading below all available SMAs

Time Technoplast Ltd.

05 Apr 2021

308.35

-1.99%

Time TechnoPlast

Buy: Time Technoplast Ltd.

Recommendation Target

ICICI Securities Limited

The CNG cascade cylinder for gas has a significant growth opportunity in India over the next 10 years, supported by increasing use of CNG as an alternate fuel. CNG cascade cylinders are lightweight (25% of steel cylinder), explosion proof and offer long service life (no corrosion/rusting). CNG Cascades are able to carry 2x CNG compared to equivalent cascade of steel cylinders. This will help reduce the operating cost by ~50% for gas distribution companies (due to larger carrying capacity of CNG and overall reduction in weight). Time Technoplast believes the current opportunity size...

Time Technoplast Ltd. is trading below all available SMAs

Time Technoplast Ltd.

18 Feb 2021

308.35

-1.99%

Time TechnoPlast

Hold: Time Technoplast Ltd.

Target

ICICI Securities Limited

Time Technoplast reported an improved QoQ recovery in Q3FY21 supported by improved demand from user industries. While the management expects pre-Covid level sales in Q4FY21 over Q4FY20, the FY21 revenue recovery is likely to be in the range of 75-80%. Going forward, the management anticipates a normalised FY22 with focus on increased revenue contribution from value added product (currently ~21% of topline) and execution of orders in the PE pipe segment (order book is ~| 250 crore). On the balance sheet front, the company is looking at RoCE of ~20% in the...

Time Technoplast Ltd. has lost -24.03% in the last 3 Months

Time Technoplast Ltd.

13 Nov 2020

308.35

-1.99%

Time TechnoPlast

Hold: Time Technoplast Ltd.

Recommendation Target

ICICI Securities Limited

Focus on increasing contribution from value added products Consolidated revenue fell 15% YoY to | 744 crore, largely due to polymer products (led by pipe segments), which fell 16% YoY to | 510 crore. The composite products segment reported ~10% YoY fall in revenue. Further, revenue contribution from valued added product categories increased to 21.8% in Q2FY21 (vs. 20.8% in Q2FY20). While demand for other products saw a recovery, piping segment demand stayed sluggish due to lower government spending various restrictions amid lockdowns. We expect a...

Time Technoplast Ltd. has an average target of 426.00 from 1 broker.

Time Technoplast Ltd.

20 Feb 2020

308.35

-1.99%

Time TechnoPlast

Sell: Time Technoplast Ltd.

Recommendation Target

ICICI Securities Limited

The company plans to launch new products composite air tanks, DEF (urea) tanks, composite leaf springs and CNG cylinders, CNG GASCADES, etc, for automotive segment. The management guided that revenue potential of...

Time Technoplast Ltd. has lost -24.03% in the last 3 Months

Time Technoplast Ltd.

24 Dec 2019

308.35

-1.99%

Time TechnoPlast

Hold: Time Technoplast Ltd.

Target

ICICI Securities Limited

Volume growth came in at 12% during H1FY20. This was largely led by strong volume growth in the composite cylinder, Mox films and pipes categories by 17%, 18% and 13% YoY, respectively. The management has reiterated the double digit volume growth (~11-12% in H2FY20) with strong order book of composite cylinder and piping divisions. We model revenue...

Time Technoplast Ltd. has lost -24.03% in the last 3 Months

Is Time Technoplast Ltd. worth buying?

343 Votes:

Buy 86.88%

Sell 7.58%

Hold 5.54%

RESEARCH REPORTS

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