Time Technoplast is a leading manufacturer of polymer-based packaging and composite products, currently navigating a complex macro environment defined by volatile raw material costs and currency fluctuations. Investors will be looking for clarity on how the company's shift toward high-margin value-added products and recent deleveraging efforts are offsetting these external pressures.
| Results date | August 05, 2026 |
|---|---|
| Quarter | Q1 FY 2026-2027 |
| Previous quarter revenue | Rs. 1,567.1 Cr |
| Previous quarter PAT | Rs. 126.3 Cr |
| Previous quarter EBITDA margin | 15.0% |
| Market cap | Rs. 10,216.31 Cr |
| CMP | Rs. 207.05 |
The Board of Directors is scheduled to meet on August 05, 2026, to consider the audited financial results.
An earnings conference call is scheduled for August 06, 2026, at 16:00 IST, hosted by Kaviraj Securities.
The company faces a challenging margin environment this quarter as polymer input costs surged following the West Asia conflict, forcing a potential rise in the cost-of-materials ratio from the 74.5% level seen in Q4 FY26. While the company's 15% annual volume growth guidance remains a key benchmark, management will need to demonstrate how effectively they are passing through these costs and capturing market share from smaller, distressed players in the plastic manufacturing sector. The deployment of the remaining Rs. 356 Cr of QIP proceeds toward loan repayment is expected to provide a significant tailwind by lowering finance costs compared to the Rs. 26.5 Cr expense recorded in Q1 FY26. Investors should also monitor the first full quarter of commercial production from the new 66,000-cylinder capacity CNG plant and the company's progress toward its 35% revenue share target for value-added products.
Performance vs Guidance Tracking
QIP Utilisation and Debt Reduction
Strategic Capex and Capacity Ramp-up
Operating Metric Trajectory
Risks and Headwinds to Monitor
Management has stated that they maintain strong brand recognition through their GNX brand. They continue to project 18–20% growth in the segment despite the entry of new competitors like Schutz.
The expansion reached completion as of Q1 FY26. The company is now actively entering the automotive sector with this increased capacity.
Management guided that the utilisation of QIP proceeds would take approximately six months to impact the balance sheet. They indicated that results from these efforts would be visible starting from April 2026.
Yes, the company reported consistent revenue growth throughout FY26, with Q3 FY26 revenue reaching Rs. 1,567.1 Cr, representing a 12.8% YoY increase. This growth has been supported by strong volume performance, which grew 15.8% YoY in the same quarter.
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