Latest news with #TimeTechnoplast
Mint
9 hours ago
- Business
- Mint
Breakout stocks to buy or sell: Sumeet Bagadia recommends five shares to buy today — 21 August 2025
Breakout stocks to buy or sell: Extending their winning streak for the fifth straight session, Indian stock market benchmarks — the Sensex and Nifty 50 — closed with modest gains on Wednesday, August 20. Positive sentiment was driven by proposed GST reforms, an S&P Global upgrade of India's credit rating, and indications that the Russia-Ukraine conflict may be nearing resolution. However, gains were limited by concerns over the upcoming August 27 deadline for Trump's secondary tariffs. The Sensex climbed 213 points, or 0.26%, to close at 81,857.84, while the Nifty 50 gained 70 points, or 0.28%, to finish at 25,050.55. Meanwhile, the BSE Midcap and Smallcap indices advanced 0.39% and 0.30%, respectively. Sumeet Bagadia, Executive Director at Choice Broking, believes that Indian stock market sentiment has improved as the Nifty 50 index continues to sustain above the 50-DEMA support of 24,820 and it has closed above 25,000. Speaking on the outlook of Indian stock market, Bagadia said," The benchmark index is facing hurdle in 25,250 to 25,300 range. On breaking above this resistance in a closing basis would ensure a fresh bull trend on Dalal Street. So, one should maintain stock-specific approach and look at those stocks that are looking strong on the technical chart. Looking at breakout stocks can be a good option." Sumeet Bagadia recommends five breakout stocks to buy today: Parag Milk Foods, Centum Electronics, Time Technoplast, Honasa Consumer, and Divgi TorqTransfer Systems. 1] Parag Milk Foods: Buy at ₹ 244, target ₹ 261, stop loss ₹ 235; 2] Centum Electronics: Buy at ₹ 2847, target ₹ 3060, stop loss ₹ 2750; 3] Time Technoplast: Buy at ₹ 483.5, target ₹ 520, stop loss ₹ 466; 4] Honasa Consumer: Buy at ₹ 297.45, target ₹ 320, stop loss ₹ 286; 5] Divgi TorqTransfer Systems: Buy at ₹ 680, target ₹ 730, stop loss ₹ 655. Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions.
Business Standard
12-08-2025
- Business
- Business Standard
Time Technoplast consolidated net profit rises 19.91% in the June 2025 quarter
Sales rise 9.97% to Rs 1352.65 crore Net profit of Time Technoplast rose 19.91% to Rs 95.10 crore in the quarter ended June 2025 as against Rs 79.31 crore during the previous quarter ended June 2024. Sales rose 9.97% to Rs 1352.65 crore in the quarter ended June 2025 as against Rs 1230.05 crore during the previous quarter ended June 2024. Particulars Quarter Ended Jun. 2025 Jun. 2024 % Var. Sales 1352.651230.05 10 OPM % 14.4114.18 - PBDT 173.98150.87 15 PBT 129.34109.98 18 NP 95.1079.31 20
Business Standard
30-07-2025
- Business
- Business Standard
Time Technoplast jumps on bonus issue plan
Time Technoplast rose 3.22% to Rs 461.85 after the company announced that its board will meet on 11 August 2025 to consider a bonus share issue. The board will also review the unaudited standalone and consolidated financial results for the quarter ended 30 June 2025, along with the limited review report. The meeting will also address the re-appointment of Raghupathy Thyagarajan, promoter & co-founder, Naveen Kumar Jain, promoter & co-founder and Sanjeev Sharma, president - international operations as whole time directors of the company. Other items on the agenda include finalising the date, time, and venue for the companys 35th Annual General Meeting, along with approving the AGM notice and the Directors Report. Time Technoplast is a global manufacturer of polymer products with operations across multiple countries. Its portfolio spans industrial packaging solutions, lifestyle products, automotive components, infrastructure / construction related products, material handling solutions & composite cylinders. On a consolidated basis, net profit of Time Technoplast rose 18.59% to Rs 109.52 crore while net sales rose 5.34% to Rs 1468.74 crore in Q4 March 2025 over Q4 March 2024.
Economic Times
09-06-2025
- Business
- Economic Times
Motilal Oswal initiates coverage on Time Technoplast with ‘buy' rating, Rs 578 target price; stock up 9%
Time Technoplast shares: From FY21 to FY25, TIME achieved a CAGR of 16% in revenue, 19% in EBITDA, and 39% in PAT, with its EBITDA margin rising by 150 basis points to 14.4%. Looking ahead, the brokerage forecasts a 15% CAGR in revenue. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Backed by the company's strong growth prospects, improving return ratios, and attractive valuation, domestic brokerage firm Motilal Oswal has initiated coverage on smallcap company Time Technoplast (TIME). The brokerage has given a 'buy' rating and a target price of Rs 578 to the company, implying a nearly 41% upside potential from the stock's closing price on this update, the shares of Time Technoplast zoomed 8.8% to their intraday high of Rs 446.45 on the FY21 and FY25, TIME delivered a CAGR of 16% in revenue, 19% in EBITDA, and 39% in PAT, while its EBITDA margin improved by 150 basis points to 14.4%. Going forward, the brokerage projects a CAGR of 15% in revenue, 16% in EBITDA, and 23% in PAT over FY25–28E, with EBITDA margin expected to expand further to approximately 15%.'Our robust outlook is backed by moderate but stable growth in the established products segment (12% revenue CAGR, 13-14% EBITDA margin) and an anticipated strong results in VAP (20% revenue CAGR, 18%+ EBITDA margin),' Motilal Oswal said in its brokerage firm noted that TIME has consistently built capacity ahead of demand, strengthening its position as a reliable supplier. Between FY19–25, it invested Rs 11.7 billion (Rs 1.7 billion annually) in capacity expansion—35% of its current gross block—funded through internal accruals. Under VAP, it has diversified beyond LPG and CNG cylinders into hydrogen and oxygen an annual capex of Rs 1.7 billion, TIME's pre-tax RoCE/RoIC is expected to rise from 18.2% in FY25 to 23–26% by FY28, driven by higher operating results, improved efficiency (sales/gross block rising from 1.6x to 2.1x), and a tighter working capital cycle (down by 15 days). The company also aims to generate Rs 4 billion in annual FCF, helping pare debt and shift from net debt of ~Rs 6 billion in FY24 to net cash by TIME is undertaking asset monetization, business restructuring, and cost reduction initiatives to boost operational efficiency and strengthen its balance sheet. It plans to monetize non-core and underperforming assets worth Rs 1.25 billion—Rs 740 million of which has already been realized over the past two years, with the remainder targeted in FY26. TIME also intends to divest its stake in NED Energy once it scales read: MCX shares rise 4%, hit lifetime high on Sebi's nod for launch of electricity derivatives Through restructuring, the company aims to merge inefficient small units into larger, more efficient the cost front, it will install solar panels across plants in various states to save over Rs 250 million annually in power and fuel costs. Additionally, it plans to invest Rs 1.2 billion in polymer recycling plants across regions to improve raw material measures are expected to enhance RoCE and generate stronger cash Technoplast is the world's largest manufacturer of large-size plastic drums, with an impressive 50-60% market share in India and a significant share in 10 other countries. It was the first company to launch intermediate bulk containers (IBC) in India and is now the third largest IBC manufacturer worldwide. Additionally, TIME ranks as the second largest global manufacturer of Type-IV composite LPG and CNG company's Value-Added Products (VAP) segment is a high-growth (20–30% CAGR) and high-margin (18%+) business, comprising IBCs (13% of revenue), composite cylinders (11%), and MOX films (3%).Motilal Oswal also showed confidence in the company as its management sees strong potential in the composite cylinder segment due to its wide industrial applications and is actively developing new, high-margin FY25, VAP contributed 27% to total revenue, with a target to increase this to 35% over the next three years, growing at a 20–25% CAGR—well above the 12% CAGR for established products. A higher revenue share from VAP is expected to support margin expansion and boost overall read: Momentum Alert! June 10–11 to offer big moves, eyes on June 16 for trend shift: Harshubh Shah (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
Time of India
09-06-2025
- Business
- Time of India
Motilal Oswal initiates coverage on Time Technoplast with ‘buy' rating, Rs 578 target price; stock up 9%
Live Events (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel Backed by the company's strong growth prospects, improving return ratios, and attractive valuation, domestic brokerage firm Motilal Oswal has initiated coverage on smallcap company Time Technoplast (TIME). The brokerage has given a 'buy' rating and a target price of Rs 578 to the company, implying a nearly 41% upside potential from the stock's closing price on this update, the shares of Time Technoplast zoomed 8.8% to their intraday high of Rs 446.45 on the FY21 and FY25, TIME delivered a CAGR of 16% in revenue, 19% in EBITDA, and 39% in PAT, while its EBITDA margin improved by 150 basis points to 14.4%. Going forward, the brokerage projects a CAGR of 15% in revenue, 16% in EBITDA, and 23% in PAT over FY25–28E, with EBITDA margin expected to expand further to approximately 15%.'Our robust outlook is backed by moderate but stable growth in the established products segment (12% revenue CAGR, 13-14% EBITDA margin) and an anticipated strong results in VAP (20% revenue CAGR, 18%+ EBITDA margin),' Motilal Oswal said in its brokerage firm noted that TIME has consistently built capacity ahead of demand, strengthening its position as a reliable supplier. Between FY19–25, it invested Rs 11.7 billion (Rs 1.7 billion annually) in capacity expansion—35% of its current gross block—funded through internal accruals. Under VAP, it has diversified beyond LPG and CNG cylinders into hydrogen and oxygen an annual capex of Rs 1.7 billion, TIME's pre-tax RoCE/RoIC is expected to rise from 18.2% in FY25 to 23–26% by FY28, driven by higher operating results, improved efficiency (sales/gross block rising from 1.6x to 2.1x), and a tighter working capital cycle (down by 15 days). The company also aims to generate Rs 4 billion in annual FCF, helping pare debt and shift from net debt of ~Rs 6 billion in FY24 to net cash by TIME is undertaking asset monetization, business restructuring, and cost reduction initiatives to boost operational efficiency and strengthen its balance sheet. It plans to monetize non-core and underperforming assets worth Rs 1.25 billion—Rs 740 million of which has already been realized over the past two years, with the remainder targeted in FY26. TIME also intends to divest its stake in NED Energy once it scales read: MCX shares rise 4%, hit lifetime high on Sebi's nod for launch of electricity derivatives Through restructuring, the company aims to merge inefficient small units into larger, more efficient the cost front, it will install solar panels across plants in various states to save over Rs 250 million annually in power and fuel costs. Additionally, it plans to invest Rs 1.2 billion in polymer recycling plants across regions to improve raw material measures are expected to enhance RoCE and generate stronger cash Technoplast is the world's largest manufacturer of large-size plastic drums, with an impressive 50-60% market share in India and a significant share in 10 other countries. It was the first company to launch intermediate bulk containers (IBC) in India and is now the third largest IBC manufacturer worldwide. Additionally, TIME ranks as the second largest global manufacturer of Type-IV composite LPG and CNG company's Value-Added Products (VAP) segment is a high-growth (20–30% CAGR) and high-margin (18%+) business, comprising IBCs (13% of revenue), composite cylinders (11%), and MOX films (3%).Motilal Oswal also showed confidence in the company as its management sees strong potential in the composite cylinder segment due to its wide industrial applications and is actively developing new, high-margin FY25, VAP contributed 27% to total revenue, with a target to increase this to 35% over the next three years, growing at a 20–25% CAGR—well above the 12% CAGR for established products. A higher revenue share from VAP is expected to support margin expansion and boost overall read: Momentum Alert! June 10–11 to offer big moves, eyes on June 16 for trend shift: Harshubh Shah (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
