605 Per Cent Returns: Leading Polymer Manufacturer Posts 10 Per Cent PAT Growth; Sales Up 4.8 Per Cent
The company’s net profit (PAT) rose 10 per cent YoY to Rs 101 crore, compared to Rs 91.6 crore in the previous year.
Time Technoplast Limited reported a steady financial performance in Q3 FY25, with moderate revenue growth and a healthy increase in profitability. The company continues to maintain its dominant market position in industrial packaging and polymer-based products.
Financial Performance
The company’s revenue from operations grew by 4.8 per cent YoY to Rs 1,388 crore, compared to Rs 1,325 crore in Q3 FY24.
EBITDA increased 5.3 per cent YoY to Rs 201 crore, up from Rs 191 crore in the same quarter last year. The EBITDA margin expanded slightly to 14.5 per cent, compared to 14.4 per cent in Q3 FY24.
The company’s net profit (PAT) rose 10 per cent YoY to Rs 101 crore, compared to Rs 91.6 crore in the previous year.
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Stock Price Performance
Time Technoplast has delivered exceptional returns of 104.91 per cent over the past one year, significantly outperforming Nifty 50, which gained 6.41 per cent in the same period. Over the last five years, the company has provided multibagger returns of 605.83 per cent. The current market capitalization stands at Rs 8,400 crore.
About the Company
Time Technoplast Limited is a multinational conglomerate engaged in the manufacturing of technology-driven polymer and composite products. It commands a 55 per cent market share in the domestic industrial packaging segment and is a leading global player in plastic drums, composite cylinders, and Intermediate Bulk Containers (IBCs). Additionally, it is India’s second-largest manufacturer of MOX film and holds a market-leading position in nine out of the eleven countries where it operates.
Disclaimer: This article is for informational purposes only and not an investment advice.