Time Technoplast Analyst Meet Update - Focus On Better Product Mix For Quality Earnings: ICICI Direct
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’.
Click on the attachment to read the full report:
This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.