Time Technoplast Analyst Meet Update - Focus On Better Product Mix For Quality Earnings: ICICI Direct

Infrastructure products manufactured by Time Technoplast Ltd. (Source: Company website)

Time Technoplast Analyst Meet Update - Focus On Better Product Mix For Quality Earnings: ICICI Direct

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BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

ICICI Direct Report

Time Technoplast Ltd., in its recently concluded analyst meet, laid out plans to achieve Rs 5000 crore revenues by FY25 (implied compound annual growth rate of 14% in FY21-25).

The growth is expected to be largely driven by value added products (~20% of revenue), which is likely to grow at ~16% CAGR in FY21-25.

The established products segment (~80% of revenue) will likely grow ~13% in FY21-25E driven by improved demand of packaging products and recovery in polyethylene pipe demand backed by government flagship schemes like ‘Nal se Jal’.

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ICICI Direct Time Techno Analyst Meet Update.pdf

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