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Stock Report
Time Technoplast Confirms Normal Operations Amid Geopolitical Tensions
Posted On : 2026-03-07 10:02:05( TIMEZONE : IST )
Time Technoplast Ltd. (NSE: TIMETECHNO, BSE: 532856), a leading manufacturer of polymer and composite products with operations across 10 countries, provided an update on its manufacturing activities amid ongoing geopolitical tensions, confirming all facilities are running normally.
In 9MFY26, the company reported consolidated revenues of ₹4,433 Cr, with India contributing ₹2,830 Cr (64%) and overseas operations ₹603 Cr (36%), primarily from the industrial packaging segment. The industrial packaging business, which accounts for 74% of revenue (₹3,300 Cr), maintains a balanced 50-50 split between India and international markets, featuring products like drums, jerry cans, and intermediate bulk containers.
The composite products segment (13% of revenue, ₹555 Cr) focuses on LPG, CNG, hydrogen cylinders, and fire extinguishers, all manufactured in India with expected 30% CAGR growth driven by CNG demand. Infrastructure products (6%, ₹280 Cr) include pipes and energy storage devices, also fully India-based, while other products like MOX films and automotive components (7%) are produced domestically with stable operations anticipated.
Polymer prices have risen 20% in the past 45 days due to global oil and gas surges, alongside freight cost increases from shipping disruptions and FX fluctuations tied to Middle East tensions, Iran-US conflict, and Russia-Ukraine war. Despite this, MENA region operations across three continents remain unaffected with adequate inventory, negligible revenue/margin impact, and accepted price hikes for industrial customers.
Risk mitigation includes 60-70 days inventory, 50-50 import-local sourcing, year-long supplier contracts, 25+ year relationships, local manufacturing per country, cross-facility support, price pass-through to maintain EBITDA, and a foreign exchange risk management policy.
Shares of Time Technoplast Limited was last trading in BSE at Rs. 176.65 as compared to the previous close of Rs. 178.50. The total number of shares traded during the day was 40781 in over 712 trades.
The stock hit an intraday high of Rs. 181.95 and intraday low of 176.00. The net turnover during the day was Rs. 7285376.00.
