Time Technoplast Commissions Automated Gujarat Manufacturing Facility

Investment in the project is around ₹24 crore.
Management targets nearly ₹100 crore annual revenue at 90% utilisation.

Reader Takeaway: Manufacturing capacity expands; successful production ramp-up will determine revenue contribution.

What just happened

Time Technoplast Limited has announced the completion of its greenfield manufacturing facility at Bhilad, Gujarat.

The plant has been established to manufacture conical polymer pails and injection-moulded products. Commercial production is scheduled to commence on September 25, 2026.

The company said the facility has an installed annual production capacity of 6,000 tonnes.

Why this matters

The new facility expands the company's manufacturing footprint and adds dedicated capacity for a growing product segment.

Management expects the plant to operate with a high degree of automation and robotics, reducing manual intervention and lowering administrative costs while improving production efficiency.

What changes now

According to the company, the project has been completed with an investment of around ₹24 crore.

Management expects the facility to achieve approximately 90% capacity utilisation and generate annual revenue of around ₹100 crore once operations stabilize.

The company believes automation will help improve operating efficiency and support optimal utilisation of installed capacity.

Risks to watch

The projected revenue and utilisation are management estimates and will depend on the pace of production ramp-up and customer demand.

Investors should monitor:

• Commercial production from September 25, 2026.
• Capacity utilisation over the coming quarters.
• Revenue contribution from the new facility.
• Any impact on operating margins resulting from increased automation.

What to track next

Future quarterly results will indicate how quickly the Bhilad facility reaches targeted utilisation and whether it delivers the expected annual revenue contribution outlined by management.