Time Technoplast FY26 Profit Jumps 20.8% to ₹476.6 Cr, Proposes ₹1.50 Dividend

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AuthorAarav Shah|Published at:
Time Technoplast FY26 Profit Jumps 20.8% to ₹476.6 Cr, Proposes ₹1.50 Dividend
Overview

Time Technoplast Ltd. reported a strong fiscal year 2026, with consolidated net profit climbing 20.8% to ₹476.61 crore on revenue of ₹6,105.20 crore. The company's board recommended a final dividend of ₹1.50 per share for shareholders.

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Time Technoplast Reports Strong FY26 Results, Recommends Final Dividend

Time Technoplast Ltd. announced its audited financial results for the fiscal year ending March 31, 2026, showcasing significant growth. Consolidated net profit reached ₹476.61 crore, a 20.8% increase from ₹394.45 crore in the previous year. Consolidated revenue also saw a healthy rise of 11.9%, totaling ₹6,105.20 crore compared to ₹5,457.04 crore.

On a standalone basis, the company's net profit grew to ₹218.07 crore from ₹174.33 crore, with revenue increasing to ₹2,880.42 crore from ₹2,662.67 crore. The Board of Directors recommended a final dividend of ₹1.50 per equity share, pending shareholder approval at the upcoming Annual General Meeting. The company's financial statements received an unmodified opinion from its statutory auditors, confirming their accuracy and transparency.

This robust financial performance highlights Time Technoplast's expanding top and bottom lines. The proposed dividend offers shareholders a direct return on their investment, supported by positive cash flow. The unmodified auditor's opinion adds a layer of assurance to the company's financial reporting.

Unutilized QIP Funds

Time Technoplast had previously raised ₹800 crore through a Qualified Institutions Placement (QIP) on November 11, 2025. As of March 31, 2026, ₹356.41 crore of these funds remained unutilized and were temporarily invested in bank deposits. The management plans to deploy these remaining proceeds for strategic growth initiatives.

Looking Ahead

Investors will be closely watching how Time Technoplast strategically deploys the unutilized ₹356.41 crore from the QIP. The effective and timely utilization of these funds will be crucial for driving future growth. The company's future performance and its success in executing these strategic plans will be key factors to monitor in the coming quarters.

Key Financials for FY26:

  • Consolidated Revenue: ₹6,105.20 crore
  • Consolidated Net Profit: ₹476.61 crore
  • Standalone Revenue: ₹2,880.42 crore
  • Standalone Net Profit: ₹218.07 crore
  • Recommended Final Dividend: ₹1.50 per share
  • Unutilized QIP Proceeds (as of March 31, 2026): ₹356.41 crore

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