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Time Technoplast Limited (TIMETECHNO) Fair Value & Analysis

Consumer Cyclical · IN · Market cap ₹87.6B

TT Time Technoplast Limited TIMETECHNO · NSE
Price₹204.04
Fair Value₹161.42
Upside-20.9%
Quality45/100
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Expensive Growth
Thin margins · 7.7% net margin
Low debt · negative free cash flow
0.83% dividend yield
Mixed vs. peers (6/13)
Moderate moat 49/100
Evidence: High Range ₹118.99 – ₹201.77 Share as image

Fair value as of: Aug 13, 2026

From 17 valuation models · updated yesterday

Share price +12.7% over the past month.

Below-average quality, and screening another 21% overvalued on our models.

What matters now

  • Solid but not exceptional quality (45/100) and above fair value, neither a clear bargain nor a standout compounder.
  • Our model range runs from ₹118.99 (bear) to ₹201.77 (bull), base ₹161.42. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 45/100 (below-average quality) with high evidence: the data supports the verdict.
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Price vs Fair Value (5 years)

₹248.00 ₹30.79 Fair Value ₹161.42 Apr 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.

How to read this chart

60‑month range ₹30.79 – ₹248.00 · fair‑value band ₹118.99 – ₹201.77 · the ₹204.04 price screens above the ₹161.42 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

Time Technoplast Limited (TIMETECHNO) currently trades at ₹204.04, while our model-based Fair Value estimate is ₹161.42, implying the stock looks roughly 20.9% overvalued today. The Quality Score stands at 45/100 (below-average quality), in the Consumer Cyclical sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: high).

Over the trailing twelve months, Time Technoplast Limited generated revenue of ₹61.1B at a net margin of 7.7%. Revenue grew 14.4% year over year. It earns a return on equity of 13.4%. Net debt stands at ₹1.5B. Fundamentals as of Aug 13, 2026

Our scenario range runs from ₹118.99 (bear case) to ₹201.77 (bull case); at ₹204.04, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 18% below its 52-week high and 32% above its 52-week low, currently above its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at -14% fair-value upside, at -21%, TIMETECHNO screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
Residual Income ₹75.48 ₹88.55 ₹186.77 76
ROIC Compounder ₹127.65 ₹173.36 ₹236.70 72
Gordon GGM ₹10.95 ₹22.76 ₹36.11 70
All 17 models by family
DCF Models
Owner Earnings ₹84.24 ₹149.74 ₹266.71 31
Earnings-Based
Graham-Dodd ₹64.57 ₹319.75 ₹441.00 54
Lynch FV ₹86.21 ₹123.15 ₹160.10 50
PEG = 1.0 ₹86.21 ₹123.15 ₹160.10 46
EPV ₹114.29 ₹131.88 ₹147.28 59
Dividend Discount
Gordon GGM ₹10.95 ₹22.76 ₹36.11 70
DDM Multi-Stage ₹10.95 ₹19.19 ₹23.89 61
Multiples
P/E Multiple ₹121.06 ₹161.42 ₹201.77 63
P/S Multiple ₹121.06 ₹161.42 ₹201.77 58
P/B Multiple ₹121.06 ₹161.42 ₹201.77 55
EV/EBIT ₹159.48 ₹209.74 ₹259.99 53
EV/EBITDA ₹144.26 ₹189.44 ₹234.62 54
EV/Revenue ₹138.58 ₹194.23 ₹249.89 43
Asset-Based
NCAV (Graham) ₹41.41 ₹55.49 ₹82.82 50
Economic Profit
Residual Income ₹75.48 ₹88.55 ₹186.77 76
ROIC Compounder ₹127.65 ₹173.36 ₹236.70 72
Growth Earnings
Growth-Adj P/E ₹118.99 ₹169.99 ₹220.98 68

Widest divergence: Growth Earnings (₹169.99) versus Dividend Discount (₹19.19). Highest evidence: Residual Income (76).

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Key figures & financial health

Revenue (TTM) ₹61.1B
Revenue growth (YoY) +14.4%
Net margin 7.7%
Return on equity 13.4%
Free cash flow −₹2.2B FY2026
P/E ratio 20.4
More key figures
Operating margin 11.8%
EPS (TTM) ₹9.99
Dividend yield 0.8%
EPS growth (YoY) +10.6%
Net debt ₹1.5B FY2026

Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 45/100

Of which business quality 45 · Market factors (momentum, volatility) 52

Profitability 53
Margins and returns on capital today
Quality Growth 40
Are margins and returns improving?
Cashflow 7
Earnings quality: real cash, not paper profit
Fin. Strength 76
Balance sheet, leverage, solvency risk
Investment 36
Disciplined investing over empire-building
Low Volatility 77
Calm price path (market factor)
Momentum 43
Price trend over the last 3–12 months (market factor)
52W Momentum 39
Distance to the 52-week high (market factor)
Net Issuance 60
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Time Technoplast Limited manufactures and sells polymer products in India. It operates in two segments, Polymer and Composite.

Full company description

Time Technoplast Limited manufactures and sells polymer products in India. It operates in two segments, Polymer and Composite. The company offers industrial packaging products under TECHPACK brand, including drums; containers; pails; PET sheets; jerry cans used in chemicals, FMCG, and other industries; infrastructure solutions, such as high-density polyethylene (HDPE) pipes under Max'M brand used in water supply, drainage and sewage, power dust, etc.; and valve-regulated lead-acid (VRLA) batteries under MaxLife brand supplied to railways and solar industries; as well as DWC pipes and energy storage devices. It also provides technical and lifestyle products, including turf solutions under Duro Wipe, Duro Soft, Duro Turf, and Duro Comfort brands; matting solutions under Meadowz brand; and disposal bins under Dumpo Bins brand; as well as moulded furniture that includes sofas, five position reclining chairs, monoblocs, executive and baby chairs, chairs with writing desk, tables, trolleys, and stools under Regal brand name for use in homes, hotels, restaurants, hospitals, clubs, airlines, auditoriums, and tent houses. In addition, the company offers auto components, such as deaeration/radiator tanks under Tech DAT brand; spray suppression systems under 3S Rainflaps brand; fuel tanks under TechTank brand name; and air ducts. Further, the company provides value-added products, including composite cylinders, comprising LiteSafe LPG cylinders, NEX-G CNG cascades, and cylinders for hydrogen and oxygen; MOX which include cross laminated films, bags, and raincoats under Techpaulin brand; and intermediate bulk containers under GNX brand; as well as provides hi-tech products, such as DEF (urea), composite air, and hydraulic oil tanks. Additionally, it offers material handling products comprising crates and pallets; and kavach face shields. Time Technoplast Limited was incorporated in 1989 and is headquartered in Mumbai, India.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Time Technoplast Limited reported revenue of ₹61.1B in FY2026 versus ₹36.5B in FY2022, a compound +13.7%/yr. Reported net income was ₹4.7B in FY2026, compounding +25.7%/yr from FY2022.

Growth Quality 62/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2026)
₹61.1B
Latest YoY
+11.9%
Avg. growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+12.5%
Avg. growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+15.2%
Avg. growth/yr (21Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+19.5%
Revenue +13.7%/yr
FY22 ₹36.5B
FY23 ₹42.9B
FY24 ₹49.9B
FY25 ₹54.6B
FY26 ₹61.1B
Net income +25.7%/yr
FY22 ₹1.9B
FY23 ₹2.2B
FY24 ₹3.1B
FY25 ₹3.9B
FY26 ₹4.7B
Character of growth · EPS growth decomposed (2015-2026) +9.5 % p.a.
Revenue per share +5.7 pp

of which total revenue +8.9 pp · buybacks/dilution −3.2 pp

EBIT margin +1.1 pp
Tax rate −0.4 pp
Residual (interest, one-offs) +3.1 pp

Absolute contributions in percentage points per year; they sum to the EPS growth rate. Start and end points are 3-year averages (details on hover).

TIMETECHNO screens 21% overvalued. Compare with Stora Enso Oyj →

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Cite: Fair Value Calculator (2026). "Time Technoplast Limited Fair Value". https://www.fairvalue-calculator.com/stock/TIMETECHNO

Peer Group

Packaging & Containers · 274 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 45 · Below median
Fair Value upside −21% · Below median
Return on equity (TTM) 13% · Top 25%
Return on assets 9% · Top 25%
Net margin (TTM) 8% · Top 25%
Operating margin (TTM) 12% · Top 25%
Revenue growth 14% · Top 25%
Dividend yield (TTM) 0.8% · Below median
Debt / equity 0.04× · Lower than median

Valuation Multiples vs Packaging & Containers median · lower = cheaper

P/E (TTM) 20.4× · Pricier than median
P/B 2.14× · Pricier than 75% of peers
P/S (TTM) 1.43× · Pricier than 75% of peers
EV/EBITDA 9.2× · Pricier than median

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 5 · sector 8
FUTURE 72 · sector 0
PAST 53 · sector 21
HEALTH 98 · sector 93
DIVIDEND 17 · sector 42

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Packaging & Containers stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

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PT Fajar Surya Wisesa Tbk, FASW 5,312 IDR 1,193 IDR -78%
Taiwan Hon Chuan Enterprise Co 9939 134.00 TWD 127.06 TWD -5%
EPL Limited 500135 ₹247.30 ₹111.65 -55%
Dongwon Systems Corporation 014820 21,650 KRW 31,473 KRW +45%
PT Panca Budi Idaman Tbk, PBID 525.00 IDR 774.13 IDR +47%
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Frequently asked questions

Is Time Technoplast Limited (TIMETECHNO) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of ₹161.42 versus a price of ₹204.04, about −21% (overvalued).
What is the fair value of TIMETECHNO?
Our model-based fair value for Time Technoplast Limited is ₹161.42 (as of Aug 13, 2026), built from audited fundamentals. The current price is ₹204.04.
What is the quality score of TIMETECHNO?
Time Technoplast Limited has a Quality Score of 45/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of Time Technoplast Limited (TIMETECHNO)?
Time Technoplast Limited reported trailing-twelve-month revenue of about ₹61.1B (latest available figure, as of Aug 13, 2026).
What is the net profit margin of TIMETECHNO?
The net profit margin of Time Technoplast Limited is about 7.7%, meaning it keeps roughly 7.7% of revenue as net income. Based on the latest reported figures.
Does Time Technoplast Limited pay a dividend?
Time Technoplast Limited currently shows a dividend yield of about 0.83% relative to its recent price (as of Aug 13, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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