Time Technoplast Limited has informed the Exchange about Update on Effect of Company s Current Manufacturing Operations in India and Overseas due to Ongoing War
TIMETECHNO · price
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Time Technoplast, a polymer and composite products maker with operations in 10 countries, reported 9MFY26 revenue of ~₹4,433 crore (up from ₹3,992 crore in 9MFY25), with India contributing 64% and overseas 36%. The company disclosed that polymer prices have risen ~20% in the past 45 days due to surging global oil and gas prices, alongside higher freight charges and FX fluctuations stemming from Middle East conflicts (Iran-US, Russia-Ukraine). Key segments include Industrial Packaging (74% of revenue), Composite Products including CNG/hydrogen cylinders (13%, expected ~30% CAGR), and Infrastructure (6%). Management stated that MENA operations remain normal, price hikes have been accepted by industrial customers, and negligible impact on revenue or margins is expected.
Shareholders can take comfort that management expects minimal financial impact thanks to its B2B pricing model, 60-70 days of inventory buffer, balanced local-import sourcing, and long-term supplier contracts. However, sustained input cost inflation and geopolitical escalation remain key risks to monitor.