Time Technoplast Limited has informed the Exchange that Board of Directors at its meeting held on May 27, 2026, recommended Final Dividend of Rs. 1.50 per equity share.
TIMETECHNO · price
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Time Technoplast Limited's Board of Directors at its meeting on May 27, 2026 recommended a final dividend of Rs. 1.50 per equity share (150% on face value of Rs. 1/-) for the financial year ended March 31, 2026, subject to shareholders' approval at the ensuing AGM. The company reported strong consolidated financial performance with revenue from operations growing 12% year-over-year to Rs. 6,10,520 lakhs. Net profit after tax increased 21% to Rs. 47,661 lakhs compared to Rs. 39,445 lakhs in the previous year. Basic and diluted EPS stood at Rs. 9.99. The auditors issued an unmodified opinion on the financial results. Additionally, the company had raised Rs. 800 crore through a Qualified Institutions Placement (QIP) at Rs. 201.12 per share during the year.
The recommended dividend of Rs. 1.50 per share represents a positive return for shareholders. With the share price around Rs. 201 from the QIP, the dividend yield is approximately 0.75%, modest but indicating continued shareholder reward alongside strong profit growth.