What we do Time Technoplast Ltd is a global leader in polymer and composite manufacturing, pioneering PE drums, IBCs, composite gas cylinders, and advanced packaging products. |
Founded in 1,989 |
Market share Dominant in India with over 55% market share in industrial packaging; market leader in multiple countries and global top producer of plastic drums and IBCs. |
Problem solved Replaces traditional steel packaging with innovative, lightweight, durable polymer solutions improving logistics, safety, and sustainability for various industries. |
Top clients or who we serve Serves industrial, automotive, infrastructure, pharmaceutical, and consumer sectors globally; B2B focus with marquee multinational clients. |
Key management - |
Our journey and innovations Founded in 1989, expanded manufacturing across India and globally; first in India to launch PE drums, IBCs, composite cylinders for LPG, CNG and hydrogen; strong R&D focus. |
Where we operate India, UAE, USA, Malaysia, Czech Republic, Singapore, Bahrain, Thailand, Taiwan, Indonesia, Vietnam, Egypt and more. |
Top products or what we offer Plastic Drums, Jerry Cans, IBCs, Composite Gas Cylinders (LPG, CNG, Oxygen, Hydrogen), PE Pipes, MOX Films, Energy Storage Devices, Auto components. |
Top brands Meadowz, DuroTurf, Regal, Litesafe Composite Cylinders, Techpaulin MOX film. |
Raw materials needed Polymers such as HDPE, carbon fibers for composites, and chemicals for battery manufacturing. |
Raw materials supplier Various global and domestic polymer and chemical suppliers. |
Recurring vs cyclical contribution Mix of recurring industrial packaging sales and cyclical infrastructure and automotive product demand. |
Our industry position Market leader in large plastic drums, IBCs, and composite cylinders in India and significant global presence in composites and polymers. |
Financial highlights FY25 consolidated revenue Rs. 54,570 mn with PAT Rs. 3,944 mn; consistent revenue growth over 9%; ROCE of 18.6%. |
Geographical revenue split ~64% revenue from India, ~36% from overseas markets including USA, Middle East, and Asia. |
Order book Strong order books in composite cylinders (Rs. 1,650 mn), PE pipes (Rs. 2,750 mn), and packaging products (Rs. 4,250 mn). |
Whats driving growth Innovation in composite cylinders, expansion of value-added products, geographic expansion, cost efficiencies, recycling initiatives, and green energy adoption. |
Our future plans Capacity expansion in IBCs, composite cylinders, recycling plants, greenfield projects in India and USA, focusing on cost reduction and sustainability. |
Our green promise Commitment to 75% renewable electricity via solar, waste recycling plants, 10% carbon footprint reduction initiatives, and circular economy goals. |
Our people and values Diverse workforce across 20+ manufacturing locations, fostering innovation, safety, corporate governance, and sustainability. |
Key challenges ahead Managing raw material costs, global economic conditions, regulatory approvals, competitive pressures, and successful integration of expansions. |
Interesting facts First Indian company to receive PESO approval for Type-IV composite cylinders for Hydrogen; developed India's first hydrogen-powered drone. |
Risks and strategy Mitigates raw material price volatility through backward integration and recycling; expands globally to diversify risks; focuses on innovation and cost optimization. |
