Time Technoplast Limited: Business Overview, Financials & Competitive Analysis
Time Technoplast Limited scores 6/10 on the AskCyborg Cyborg Score (Solid). Market leader in niche polymer/composite products with recent regulatory approvals enabling entry into high-growth hydrogen and medical device markets, though historical growth has been modest. The company has delivered a poor sales growth of 8.81% over past five years with a low return on equity of 12.4% over last.
What is Time Technoplast Limited's industry? Time Technoplast Limited (timetechnoplast.com) operates in Polymer & Composite Products Manufacturing / Materials & Plastics. AskCyborg classifies Time Technoplast Limited under Polymer & Composite Products Manufacturing / Materials & Plastics in its company registry.
Time Technoplast is a multinational conglomerate involved in the manufacturing of technology and innovation driven polymer & composite products. The company's business includes industrial packaging like drums and cont...
Cyborg Score thesis
Market leader in niche polymer/composite products with recent regulatory approvals enabling entry into high-growth hydrogen and...
Read the full analyst-debate transcript →Get the Latest Time Technoplast Limited Report
Up-to-date AI-powered research, analyst debate audio & saved-company playlists
Get Current Report FreeTime Technoplast Limited Overview
Pro stress-test →Time Technoplast is a multinational conglomerate involved in the manufacturing of technology and innovation driven polymer & composite products. The company's business includes industrial packaging like drums and containers, infrastructure solutions like pipes, and various components for the auto industry, alongside high-tech value-added products such as 'LiteSafe' composite cylinders for LPG, CNG, oxygen, and hydrogen.
Strategic Profile
Pro stress-test →The company holds a market share of over 55% in the domestic industrial packaging segment, is the largest manufacturer of large-size plastic drums, the 2nd largest manufacturer of composite cylinders, and the 3rd largest manufacturer of Intermediate Bulk Containers (IBCs) globally, while being the 2nd largest manufacturer of MOX film in India and a market leader in 9 out of the 11 countries where it operates. As a multinational conglomerate with operations in 11 countries, it has become the world's second-largest manufacturer of composite cylinders, serving over 900 institutional customers.
Competitive Landscape
Pro stress-test →Time Technoplast leads the domestic industrial packaging segment with over 55% market share and is the largest manufacturer of large-size plastic drums globally, 2nd in composite cylinders and 3rd in IBCs. The company faces competition from regional and global packaging manufacturers, though its diversification into composite cylinders, VRLA batteries, and hydrogen solutions differentiates its portfolio.
Industry Context
Time Technoplast Limited operates in Polymer & Composite Products Manufacturing / Materials & Plastics.
Key facts
Founded: 1992 · Headquarters: Daman, India · Revenue: ₹54.61Bn (FY2025) · Market cap: ₹9,066Cr