Time Technoplast Ltd. has received a major order worth ₹1.9 billion, reinforcing its position in the polymer and composite product segment. The deal is expected to significantly contribute to its revenue pipeline and reflects strong demand across industrial and infrastructure sectors.
Time Technoplast Ltd., a leading manufacturer of polymer-based industrial packaging and composite products, announced the receipt of a ₹1.9 billion order from a reputed client. The order spans high-performance industrial containers and composite cylinders, which are widely used in sectors such as chemicals, infrastructure, and energy.
This development aligns with the company’s strategic focus on expanding its high-margin Value-Added Products (VAP) segment, which includes Intermediate Bulk Containers (IBC), CNG and LPG composite cylinders, and multilayer pipes. The company has been reporting consistent growth in VAP revenue, which contributes significantly to its EBITDA margins.
The order will be executed over the next few quarters and is expected to enhance capacity utilization across its 30+ manufacturing facilities globally, including 20 in India.
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Order value: ₹1.9 billion
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Product scope: Industrial containers, composite cylinders
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Strategic focus: High-margin Value-Added Products (VAP)
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Execution timeline: Over upcoming quarters
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Operational footprint: 30+ facilities worldwide, 20 in India
Sources: Sainath Investment, Trendlyne, GEPL Capital