Time Technoplast boosts shareholder returns, targets strategic growth with acquisition

Time Technoplast Limited held its 35th Annual General Meeting (AGM) on September 11, 2025, where shareholders approved a dividend of ₹2.50 per equity share (250%) for FY25 and a 1:1 bonus share issue. This marks the first bonus issue since the company's 2007 listing, reflecting robust performance with consolidated revenue of ₹5,462 Cr in FY25, EBITDA of ₹790 Cr, and PAT of ₹388 Cr. The company also reported strong Q1 FY26 results, with revenue of ₹1,354 Cr, EBITDA of ₹196 Cr, and PAT of ₹95 Cr.

The AGM also highlighted key growth initiatives, including a significant capital expenditure of ₹195 Cr in FY25 for expansion and value-added solutions. The board approved raising up to ₹1,000 Cr through a Qualified Institutional Placement (QIP) to fund debt repayment, capital investments in high-growth products like IBCs and composite cylinders, automation, and organic/inorganic growth.

Furthermore, Time Technoplast signed an MoU to acquire a 74% equity stake in Ebullient Packaging Private Limited (EPPL) for an estimated enterprise value of ₹200 Cr. This acquisition strengthens its packaging portfolio and provides entry into the high-growth FIBC market, projected to grow from ₹7,000 Cr to ₹12,000 Cr by 2030.