Time Technoplast Limited has released its Earnings Presentation for the Unaudited Consolidated & Standalone Financial Results for the Quarter and Half Year ended September 30, 2025. Key highlights include: * Financial Performance (Q2 & H1 FY2026): * Q2 FY2026: Total Income increased by 10.3% YoY to ₹1,512.2 crore. EBITDA grew by 13.5% YoY to ₹223.8 crore with a margin of 14.8%. Profit After Tax (PAT) rose by 17.4% YoY to ₹115.4 crore. * H1 FY2026: Total Income increased by 10.1% YoY to ₹2,865.8 crore. EBITDA grew by 12.7% YoY to ₹419.6 crore with a margin of 14.6%. PAT increased by 18.5% YoY to ₹210.5 crore. * Value-added products saw significant growth, increasing by 18% in Q2 FY2026 and 17% in H1 FY2026. * Return on Capital Employed (ROCE) improved to 18.1% in H1 FY2026, up 110 bps from H1 FY2025, with a target of 20% for FY2026. * Total Debt (Net of Cash) reduced by ₹56.4 crore in H1 FY2026. * Net Cash from Operating Activities in H1 FY2026 was ₹225.6 crore. * Bonus Shares: The Board allotted 226.929 lakh fully paid-up equity shares of ₹1 each on September 24, 2025, in a 1:1 ratio by capitalizing ₹22.69 crore from the Securities Premium Account. The record date was September 23, 2025. * Qualified Institutional Placement (QIP): The company successfully completed an ₹800 crore QIP, issuing 397.77 lakh equity shares at ₹201.12 per share. The allotment was made on November 11, 2025, increasing the paid-up equity share capital from ₹45.3858 crore to ₹49.3636 crore. Proceeds will be used for debt repayment (₹400 crore), capital expenditure (₹89.37 crore), investment in Time Ecotech (₹54.89 crore), de-odorizing equipment (₹14.79 crore), and general corporate purposes (₹240.95 crore). * Strategic Initiatives & New Products: * Sustainability: Committed to converting 75% of electricity consumption to green energy within two years. Incorporated Time Ecotech Private Limited (TEPL), a wholly-owned subsidiary, to invest approximately ₹120 crore over three years in fully automated plastic recycling plants across India with a capacity of up to 60,000 MT annually. * HDPE Pipe Business: Received Bureau of Indian Standards (BIS) approval for HDPE Pipes for Gas Distribution and secured an order worth approximately ₹190 crore, bringing the PE Pipe Order Book to ₹280 crore. * E-Rickshaw Batteries: Subsidiary Power Build Batteries Private Limited received International Centre for Automotive Technology (ICAT) approval for its low-cost, high-performance E-Rickshaw battery, 'e-START with SELENIUM,' targeting an estimated ₹6,400 crore market. * Product Development: Continued development of Composite Fire Extinguishers, Power Sector OP-Z Batteries, higher capacity Composite CNG and Hydrogen Cylinders, and 14.2kg+ Composite LPG Cylinders. * Order Book: Strong order books for Composite Cylinders (CNG Cascades) at ₹195 crore and PE Pipes at ₹280 crore. Received confirmed tender for packaging products worth ₹450 crore. * Shareholding Pattern (Post-QIP as of November 11, 2025): Promoters hold 47.46%, DIIs 16.63%, FIIs 11.05%, and Public 24.86%.
