Image Source: Chem Analyst
Time Technoplast Ltd posted strong Q3 FY26 results: revenue from operations hit 15.65 billion rupees, up 13%, while net profit soared 25% to 1.26 billion rupees. EBITDA rose 17% with 15% margins. 9MFY26 showed 11% income growth to 44.3 billion rupees and 21% PAT gain, fueled by value-added products and debt reduction.
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Time Technoplast Ltd reported robust Q3 FY26 results, with consolidated revenue from operations climbing to 15.65 billion rupees and net profit jumping 25 percent year-over-year to 1.26 billion rupees. Key growth stemmed from value-added products and operational efficiencies, alongside strong 9-month figures boosting investor confidence in industrial packaging solutions.
Financial Highlights
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Total income rose 13 percent to 15,671 million rupees from 13,893 million rupees last year.
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EBITDA increased 17 percent to 2,358 million rupees, lifting margins to 15.0 percent.
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9MFY26 total income hit 44,328 million rupees, up 11 percent, with PAT at 3,369 million rupees, a 21 percent gain.
Growth Drivers
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Value-added products saw 19 percent volume growth in Q3 FY26, outpacing established products at 11 percent.
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ROCE improved to 18.6 percent for 9MFY26, targeting 20 percent for full FY26.
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Debt reduced by 3,801 million rupees using QIP proceeds.
Strategic Outlook
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Order book stands strong at 1,650 million rupees for composite cylinders and 2,750 million rupees for PE pipes, plus 4,250 million rupees in packaging tenders.
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Future targets include 25-30 percent growth in composites like LPG, CNG, hydrogen, and 20-25 percent in PE pipes.
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Sustainability push aims for 75 percent solar power conversion in two years.
Sources: Reuters (RTRS), Investywise Earnings Presentation
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