Time Technoplast's Q1 FY 2025-26 Quarterly Results

Result Summary

• Time Technoplast Ltd reported a 3.7% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Jun (Q1 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 10.0%.
• Its expenses for the quarter were down by 3.8% QoQ and up 9.2% YoY.
• The net profit increased 2.4% QoQ and increased 20.0% YoY.
• The earnings per share (EPS) of Time Technoplast Ltd stood at 4.2 during Q1 FY 2025-26.

Financial Statments for Q1 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Time Technoplast Ltd is a leading multinational company primarily engaged in the manufacturing and sale of polymer and composite-based products. The company operates across various sectors, offering a diverse range of products, including industrial packaging solutions, lifestyle products, auto components, infrastructure-related products, and technical and medical applications. With a strong presence in the Asian and Middle Eastern markets, Time Technoplast Ltd continues to expand its footprint globally. Recent developments in the company focus on sustainable and innovative solutions, aligning with international standards for quality and environmental friendliness. The company is recognized for its commitment to research and development, continually enhancing its product offerings to meet evolving industry demands.

Revenue

In the first quarter of the fiscal year 2026 (Q1FY26), Time Technoplast Ltd reported a total income of ₹1,353.58 crores. This represents a 3.7% decline compared to the previous quarter (Q4FY25), where total income was ₹1,405.32 crores. However, on a year-over-year basis, there was a significant increase of 10.0% from Q1FY25, when the total income stood at ₹1,230.71 crores. This growth indicates an overall positive trend in revenue generation over the past year, despite the quarter-over-quarter decrease. The company's ability to increase its total income year-over-year demonstrates its resilience and adaptability in a competitive market environment.

Profitability

During Q1FY26, Time Technoplast Ltd achieved a profit before tax (PBT) of ₹129.34 crores, marking a slight decrease of 2.7% from the previous quarter's PBT of ₹132.97 crores. However, the PBT improved by 17.6% compared to the same quarter in the previous year (Q1FY25), where it was ₹109.98 crores. The tax expense for Q1FY26 was ₹32.79 crores, which decreased by 15.3% from Q4FY25 but increased by 11.1% year-over-year. The profit after tax (PAT) for Q1FY26 was ₹96.55 crores, reflecting a 2.4% increase quarter-over-quarter and a notable 20.0% rise year-over-year. Earnings per share (EPS) for Q1FY26 were ₹4.20, maintaining the same percentage increase as the PAT both quarterly and yearly.

Operating Metrics

Total expenses for Time Technoplast Ltd in Q1FY26 amounted to ₹1,224.24 crores, showing a reduction of 3.8% from the previous quarter's expenses of ₹1,272.35 crores. Compared to Q1FY25, total expenses increased by 9.2%, aligning with the overall growth in total income. The company's efficiency in managing its cost structure is evident with the quarter-over-quarter decrease in expenses, contributing positively to its profitability. The year-over-year increase in expenses is consistent with the revenue growth, suggesting effective scaling of operations. The financial data indicates a solid operational performance, with key metrics such as profit and expenses reflecting a robust management strategy.