Time 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