Time Technoplast shares closed at ₹204.88 as of August 7, 2026, showing a decline of 0.94% from the previous session. The stock is currently 17.77% below its 52-week high of ₹249.15 and 33.04% above its 52-week low of ₹154. The company maintains a market capitalisation of ₹10,209.37 crore with significant trading volume of 45.33 lakh shares during the session. According to latest market data, investment in Time Technoplast shares has grown by 56.94% over the past 30 days, indicating increased transactional activity and positive investor sentiment.
Motilal Oswal has issued a buy rating on Time Technoplast with a target price of ₹280 in its research report dated August 06, 2026. According to the brokerage's analysis, the stock presents attractive valuation prospects with a ~15x FY28E P/E ratio, warranting a healthy rerating in the market. The recommendation is based on the company's robust operational performance and strong fundamentals despite ongoing geopolitical tensions in West Asia.
Time Technoplast delivered healthy and in-line operating results for Q1FY27, demonstrating resilience against geopolitical challenges. As reported by Motilal Oswal, volume/revenue/EBITDA/PAT grew by 11%/25%/15%/22% YoY respectively. The strong revenue growth of 25% YoY was driven by healthy 11% YoY volume growth and improved realizations, supported by rising key polymer prices. However, EBITDA margin at 13.3% contracted 115bp YoY, impacted by gross margin pressures. According to latest financial data, net profit for Q1 FY27 stands at ₹117.86 crore with revenue of ₹1,692.71 crore.
The Indian business segment recorded volume/revenue growth of 10%/30% YoY, according to Motilal Oswal's analysis. Established Products' volume/revenue grew 10%/25% YoY with a low EBITDA margin of 11.7% (down 150bp YoY). In contrast, Value-added Products' volume/revenue grew ~12%/25% YoY with a stable EBITDA margin of 17.9% (flat YoY). This performance demonstrates the company's ability to maintain profitability across different product categories.
According to Motilal Oswal's report, CFO of ₹1.55 billion in Q1 was utilized strategically for debt reduction of ₹897 million and capital expenditure of ₹751 million. This financial discipline demonstrates the company's focus on strengthening its balance sheet while maintaining growth investments. The company has shown revenue growth of 5.4% per quarter over the last 5 quarters, with net profit declining for the last 2 quarters from ₹131.84 crore to ₹116.22 crore (average decrease of 11.9% per quarter). Foreign Institutions have decreased holdings from 10.88% to 8.53% in the June 2026 quarter, while Mutual Funds increased holdings from 13.36% to 13.49% during the same period.
Motilal Oswal maintains its BUY rating with an unchanged target price of ₹280, representing a 20x FY28E P/E multiple. The stock currently trades at a Price to Earnings ratio of 20.10x based on recent earnings. The robust outlook and attractive valuation warrant a healthy rerating in the market, supported by the company's strong operational performance, strategic capital allocation, and favorable market conditions despite geopolitical uncertainties. With promoters holding 47.56% and retail investors increasing their holdings from 24.19% to 26.33% in the June 2026 quarter, institutional confidence remains strong.
