NSE: TIMETECHNO | BSE: 532856

Mid-range Performer

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199.49 -1.03 (-0.51%)

30.13% Gain from 52W Low

884.4K NSE+BSE Volume

NSE 01 Dec, 2025 1:11 PM (IST)

9,847.5

Market Cap

High in industry

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.

Time Technoplast Ltd.

24 Dec 2019

199.49

-0.51%

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. is trading below all available SMAs

Time Technoplast Ltd.

22 Nov 2019

199.49

-0.51%

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. On the other hand, despite lower industrial activities (including auto industry) the plastic division recorded a volume growth of 12% YoY during H1FY20. The management has reiterated the double digit volume growth in H2FY20 with recovery in demand of plastic division and strong order book of composite...

Time Technoplast Ltd. is trading below all available SMAs

Time Technoplast Ltd.

16 Aug 2019

199.49

-0.51%

Time TechnoPlast

Hold: Time Technoplast Ltd.

Target

ICICI Securities Limited

The lower industrial activities (including auto industry) weigh on performance of plastic division of the company. Though management has guided for a demand recovery in the plastic drums business (shift in Chinese trades towards India due to US-China trade issues, which would benefit domestic packaging companies). Also, apart from pipes, strong order book position in the composite cylinder, IBC business and mox films give revenue visibility for FY20E-21E. We model revenue CAGR of 11% (lower than management guidance of ~15%) for FY19-21E led by 18% growth in the...

Time Technoplast Ltd. is trading below all available SMAs

Time Technoplast Ltd.

29 May 2019

199.49

-0.51%

Time TechnoPlast

Results Update: Time Technoplast Ltd.

ICICI Securities Limited

Revenue growth of ~15% YoY driven by PE pipes and composite cylinders categories where topline grew 42% and 29% YoY, respectively. The management has reiterated strong order book position in these categories while the growth momentum would continue in FY20E. Plastic product category (contributes ~70% in topline) grew ~12% YoY led by a revival in demand of plastic drums from the chemical sector. We model revenue CAGR of ~13% in FY19-21E (lower than management guidance of 15%) led by ~20% and 10% revenue CAGR in the VAP and established product...

Time Technoplast Ltd. is trading below all available SMAs

Time Technoplast Ltd.

19 Feb 2019

199.49

-0.51%

Time TechnoPlast

Hold: Time Technoplast Ltd.

Target

ICICI Securities Limited

TTL recorded consolidated sales growth of ~16% YoY led by volume growth of ~15% YoY in Q3FY19. Value added product categories (VAPs) recorded sales growth of ~19% YoY led by sharp growth in revenue (1.6x jump) of Mox films. Also, established products (EPs) category (~80% of topline) recorded sales growth of ~15% YoY driven by sales growth (2.7x jump YoY) in PE pipes category while plastic product category grew at ~8% YoY during Q3FY19. We model revenue CAGR of 13% in FY18-21E led by 21% and 11%...

Time Technoplast Ltd. is trading below all available SMAs

Time Technoplast Ltd.

31 Dec 2018, 12:00AM

199.49

-0.51%

Time Techno

Buy: Time Technoplast Ltd.

Target

Kotak Securities

The management expects revenue growth of 15% and modestly higher EBITDA margins in FY20 aided by increasing share of value-added products. At CMP, TTL is trading at P/E of 12.4x and 9.4x FY19E and FY20E earnings respectively, which is attractive as it is at a discount to midcap index valuation. In recent months, the TTL stock has been derated in line with 1) general sell-off in the midcaps and smallcaps universe 2) Weak Q2FY19 results and 3) concerns on promoter stake sales. At the current price, valuations are attractive. Hence, we continue to maintain our positive...

Time Technoplast Ltd. is trading below all available SMAs

Time Technoplast Ltd.

12 Dec 2018

199.49

-0.51%

Time Technoplast Ltd. - Q2FY19 Result Update - Value added offerings to drive growth

Buy: Time Technoplast Ltd.

Target

Religare

Time Technoplast Ltd (TTL) Q2FY19 net revenue increased by 14.2% YoY in Q2FY19, driven by 9% growth in volumes. However, EBITDA declined by 1.6% YoY, while EBITDA margins contracted 209bps YoY to 13%, impacted by input cost inflation and rupee depreciation. Further, decline in the other income and higher depreciation, interest & tax expense resulted in 24.7% YoY decline in PAT.

Time Technoplast Ltd. is trading below all available SMAs

Time Technoplast Ltd.

22 Nov 2018

199.49

-0.51%

Time Techno

Buy: Time Technoplast Ltd.

Target

Kotak Securities

Time Technoplast reported weak numbers for the quarter as increase in commodity prices and INR depreciation led to decline in gross margins. Increase in cost of borrowings aided to decline in profits....

Time Technoplast Ltd. is trading below all available SMAs

Time Technoplast Ltd.

19 Nov 2018

199.49

-0.51%

Time TechnoPlast

Hold: Time Technoplast Ltd.

Recommendation Target

ICICI Securities Limited

TTL recorded consolidated sales growth of ~14% YoY led by volume growth of ~9% YoY in Q2FY19. Value added product categories (VAPs) recorded sales growth of ~21% YoY led by sharp growth in revenue (1.8x jump) of Mox films. Also, established products (EPs) category (topline contribution ~80%) recorded sales growth of ~12% YoY driven by sales growth of ~11% and ~27% YoY in the plastic product and PE pipes category, respectively. Under the established product category, the performance of the piping...

Time Technoplast Ltd. is trading below all available SMAs

Time Technoplast Ltd.

06 Aug 2018

199.49

-0.51%

Time Techno

Buy: Time Technoplast Ltd.

Kotak Securities

The company reported volume growth of 14% in Q1FY19 The share of value added products has risen to 19% of the total sales in Q1FY19 as against 17% in the corresponding quarter of previous year....

Time Technoplast Ltd. is trading below all available SMAs

Is Time Technoplast Ltd. worth buying?

371 Votes:

Buy 87.06%

Sell 7.28%

Hold 5.66%

RESEARCH REPORTS

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