Time Technoplast Ltd
About
Time Technoplast Ltd (Time Tech) is a multinational conglomerate with operations in Asia, UAE & the USA . The company is a leading manufacturer of polymer products and its portfolio consists of technically driven innovative products catering to growing industry. The firm has ventured into segments like, Industrial Packaging Solutions, Lifestyle Products, Automotive Components, Infrastructure /Construction related products, Material Handling Solutions & Composite Cylinders. Time Tech group operates more than 40 production facilities across the globe . Since its inception in 1992, the firm has focused on research anddevelopment, futuristic product designing, superior customer service by setting up 20 manufacturing units & 8 regional and marketing offices.
Featured In Fortune India Ranking
Financial Data 2024
Financial Data
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (INR Cr) | 4986 15.2% | 4327 17.9% | 3670 22.4% | 2998 -16.4% | 3585 -0.9% | 3617 15.2% | 3139 13.4% | 2767 13.5% | 2438 -3.3% | 2520 14.2% | 2206 19.0% | 1855 19.2% | 1556 18.1% | 1317 32.8% | 992 30.4% | 761 - |
| Net Operating Income (INR Cr) | 4993 16.39% | 4289 17.52% | 3650 21.46% | 3005 -16.02% | 3578 0.40% | 3564 14.86% | 3103 12.64% | 2755 13.70% | 2423 -2.16% | 2476 13.26% | 2186 21.64% | 1797 17.62% | 1528 19.83% | 1275 26.09% | 1011 28.06% | 790 15.86% |
| Profit (INR Cr) | 310 41.7% | 219 16.5% | 188 81.8% | 103 -38.8% | 169 -16.6% | 203 12.4% | 180 22.6% | 147 6.5% | 138 26.0% | 110 14.9% | 95 -7.8% | 103 15.2% | 90 -19.1% | 111 22.2% | 91 31.7% | 69 - |
| Assets (INR Cr) | 3446 6.8% | 3228 6.5% | 3032 7.7% | 2814 2.1% | 2757 7.9% | 2555 11.1% | 2301 10.2% | 2087 4.9% | 1990 3.8% | 1917 3.0% | 1861 8.5% | 1715 8.1% | 1586 22.0% | 1300 24.3% | 1046 25.0% | 837 - |
| Net Worth (INR Cr) | 2550 12.5% | 2267 9.6% | 2069 9.0% | 1898 4.9% | 1809 8.8% | 1662 12.7% | 1475 12.0% | 1318 13.8% | 1158 12.9% | 1026 12.0% | 917 11.7% | 821 12.0% | 733 13.5% | 646 17.7% | 549 17.9% | 466 16.4% |
| Employee Cost (INR Cr) | 237 14.9% | 206 13.0% | 183 14.6% | 159 -6.5% | 170 4.0% | 164 13.0% | 145 9.0% | 133 12.8% | 118 5.4% | 112 4.3% | 107 15.8% | 93 26.5% | 73 35.5% | 54 44.5% | 37 51.0% | 25 - |
| Interest Cost (INR Cr) | 101 | 105 | 92 | 98 | 108 | 99 | 88 | 90 | 96 | 104 | 99 | 89 | 68 | 45 | 33 | 27 |
| Cash & Bank Balance (INR Cr) | 153 | 101 | 94 | 87 | 83 | 67 | 74 | 66 | 70 | 69 | 70 | 54 | 66 | 54 | 43 | 50 |
| Total Debt (INR Cr) | 829 | 900 | 906 | 863 | 890 | 840 | 777 | 722 | 746 | 804 | 861 | 825 | 769 | 589 | 440 | 320 |
Key Financial Ratios
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profit As % Of Revenues | 6.2% | 5.1% | 5.1% | 3.5% | 4.7% | 5.6% | 5.8% | 5.3% | 5.7% | 4.4% | 4.3% | 5.6% | 5.8% | 8.4% | 9.2% | 9.1% |
| Profit As % Of Assets | 9.0% | 6.8% | 6.2% | 3.7% | 6.1% | 7.9% | 7.8% | 7.1% | 6.9% | 5.7% | 5.1% | 6.0% | 5.7% | 8.5% | 8.7% | 8.2% |
| Profit As % Of Networth | 12.2% | 9.7% | 9.1% | 5.5% | 9.4% | 12.2% | 12.2% | 11.2% | 11.9% | 10.7% | 10.4% | 12.6% | 12.3% | 17.2% | 16.6% | 14.8% |
| Interest Cost to EBITDA % | 14.7% | 18.2% | 18.2% | 25.3% | 21.7% | 18.8% | 18.5% | 22.3% | 27.7% | 30.8% | 32.1% | 30.4% | 28.2% | 19.1% | 17.1% | 17.4% |
| Debt to Equity Ratio | 0.33 | 0.40 | 0.44 | 0.45 | 0.49 | 0.51 | 0.53 | 0.55 | 0.64 | 0.78 | 0.94 | 1.00 | 1.05 | 0.91 | 0.80 | 0.69 |
| RONW | 13.1% | 10.3% | 9.7% | 5.7% | 10.1% | 13.3% | 13.3% | 12.2% | 13.0% | 11.7% | 11.4% | 13.3% | 12.5% | 18.4% | 18.4% | 16.9% |
| ROCE | 16.3% | 13.4% | 12.3% | 8.8% | 13.3% | 16.0% | 15.8% | 14.8% | 14.5% | 14.1% | 13.3% | 14.3% | 13.5% | 17.2% | 17.7% | 18.2% |