Time Technoplast Ltd Share Price – NSE /  BSE

Plastic products, Small Cap

In a regulatory filing, the company said approvals were granted by the Petroleum and Explosives Safety Organization and TUV Rheinland (India) for 2-litre capacity cylinders. The approval makes Time Technoplast the first Indian company cleared for multiple high-pressure gas categories.

The company already has approvals for composite oxygen and breathing air cylinders of 6.8-litre capacity. It also holds approvals for composite hydrogen cylinders in Type-3 (6.8 litres) and Type-4 (150 litres). These products are part of its value-added portfolio.

The PESO approval allows the cylinders to be used across several applications. These include hydrogen and oxygen transportation, cascade systems, hydrogen storage for drones, medical uses such as self-contained breathing apparatus and hospital oxygen, and laboratory and metalworking gases including nitrogen, helium, argon and carbon dioxide.

The company said the approval strengthens its position in advanced composite cylinder technology. It also aligns with the ?Make in India, For the World? initiative.

Time Technoplast highlighted growth opportunities in medical oxygen and drones. The global medical oxygen cylinder market was valued at about $2.55 billion in 2025 and is projected to reach $4.97 billion by 2032. The global drone market is expected to touch $40 billion by 2030.

The development follows the company?s December 2025 announcement on the successful trial of hydrogen-powered drones.

Time Technoplast is a global manufacturer of polymer products with operations across multiple countries. Its portfolio spans industrial packaging solutions, lifestyle products, automotive components, infrastructure / construction related products, material handling solutions & composite cylinders.

On a consolidated basis, net profit of Time Technoplast rose 17.04% to Rs 115.44 crore while net sales rose 10.3% to Rs 1,511.11 crore in Q2 FY26 over Q2 FY25.

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The order is for supply of rigid polymer packaging products, namely Conipack pails, to be delivered as per HPCL?s schedule. Payments under the contract will be secured through an appropriate financial instrument.

The supplies are to be dispatched in line with the delivery schedule over a period of up to two years. The company clarified that the order does not involve any promoter or promoter group interest and does not fall under related party transactions.

Time Technoplast is a global manufacturer of polymer products with operations across multiple countries. Its portfolio spans industrial packaging solutions, lifestyle products, automotive components, infrastructure / construction related products, material handling solutions & composite cylinders.

On a consolidated basis, net profit of Time Technoplast rose 17.04% to Rs 115.44 crore while net sales rose 10.3% to Rs 1,511.11 crore in Q2 FY26 over Q2 FY25.

Shares of Time Technoplast rose 0.49% to Rs 189 on the BSE.

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Time Technoplast announced that the Company, being the L1 supplier, has been awarded a contract from Hindustan Petroleum Petroleum Corporation (HPCL) valued at approximately Rs 51 crore, for the supply of Rigid Packaging Products (Conipack pails) in sizes ranging from 7.5 litres to 20 litres, to be dispatched as per their delivery schedule within a period of two years.

In FY25, the Industrial Packaging Business accounted for ~75% of the Company's consolidated revenue (with overseas manufacturing operations contributing ~37% and India Packaging Business at ~38%). Driven by robust global demand, the business remains well positioned to sustain this momentum, with annual volume growth of 12-14% CAGR expected going forward.

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Net profit of Time Technoplast rose 17.36% to Rs 115.44 crore in the quarter ended September 2025 as against Rs 98.36 crore during the previous quarter ended September 2024. Sales rose 10.26% to Rs 1511.11 crore in the quarter ended September 2025 as against Rs 1370.52 crore during the previous quarter ended September 2024.

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