Time Technoplast Limited is pleased to announce a significant technological and commercial milestone with the successful development and flight trials of an in-house hydrogen-powered drone, integrated with a Type-III Fully Wrapped Composite Hydrogen Cylinder and Hydrogen fuelcell system. This achievement positions the Company at the forefront of next-generation cleanenergy aviation platforms, unlocking a high-growth application segment for composite hydrogen storage solutions.
The hydrogen-powered drone has successfully completed initial performance trials and validation tests, meeting all targeted endurance, payload, and operational parameters. This represents the first successful integration in India of Composite Hydrogen Cylinders made in India, with fuel-cellpowered unmanned aerial platforms, establishing a strong foundation for commercial deployment across civilian, industrial, and defence applications.
This development follows the Company becoming the first Indian manufacturer to receive the Petroleum and Explosives Safety Organization (PESO) approval for Type-III Hydrogen Composite Cylinders and the Memorandum of Understanding with Drone Stark Technologies Private Limited announced on August 07, 2025. The project has been executed and validated within the committed timeline, reinforcing the Company's ability to translate advanced clean-energy technologies into deployable solutions.
Clear Advantage Over Battery-Powered Drones
Hydrogen-powered drones deliver compelling operational and commercial advantages over battery-based systems, including 3-5× longer flight endurance, rapid refuelling in minutes, higher payload capability, consistent power output, lower lifecycle operating costs, and zero-emission operation. These benefits make hydrogen propulsion particularly suited for long-range, highutilisation, and mission-critical applications, where battery-powered drones face inherent scalability and endurance limitations.
Commercial and Market Implications
The successful trials materially expand the Company's addressable market within the rapidly growing global drone ecosystem. With the global drone market estimated at ~US$30 billion today and projected to reach ~US$70 billion by 2033, demand is accelerating for high-performance, longendurance, and sustainable propulsion solutions. Hydrogen-powered drones are expected to see increasing adoption across agriculture, surveillance, defence, logistics, emergency response, infrastructure inspection, and environmental monitoring.
This initiative aligns closely with the Government of India's Green Hydrogen Mission and the "Make-in-India, Make-for-the-World" vision, while creating meaningful opportunities for commercial uses of hydrogen composite cylinders and fuel-cell systems. Time Technoplast Limited remains committed to scaling its clean-energy technologies and capturing emerging opportunities in the global energy-transition and UAV markets.
Shares of Time Technoplast Limited was last trading in BSE at Rs. 185.45 as compared to the previous close of Rs. 184.10. The total number of shares traded during the day was 63068 in over 1292 trades.
The stock hit an intraday high of Rs. 189.85 and intraday low of 185.05. The net turnover during the day was Rs. 11794763.00.