As of Mar 28, 2026, Time Technoplast Ltd (Cylinder) has a deep value score of 58/100 (rated Average). Earnings are accelerating. 1Y return vs Nifty 500: -21%.
Deep value thesis based on recent earnings • Updated Mar 28, 2026
Strategic shift to high-margin value-added products (18.8% EBITDA margin) combined with aggressive deleveraging (Rs 3,801 Cr debt reduction in 9MFY26) is driving sustainable margin expansion and ROCE improvement.
Verdict
TURNAROUND_IN_PROGRESS
Re-rating catalysts over the next 2-4 quarters • Updated Mar 28, 2026
Expected confirmation of full-year PAT growth >20% with margin expansion to 15.5%.
Impact: +₹150 Cr revenue
“4 consecutive quarters of margin expansion, value-added products growing at 19% YoY”
Expected to trigger institutional buying from debt-sensitive funds.
“Rs 3,801 Cr debt reduction in 9MFY26, current debt-to-EBITDA at 1.1x”
Expected to provide Rs 500-700 Cr order book visibility.
Impact: +₹600 Cr revenue
“Government discussions ongoing, similar schemes in other sectors”
Expected to add Rs 1,200 Cr to cash reserves.
“20 acres in Gujarat identified for monetization, valuation based on recent transactions”
Risks that could prevent re-rating or deepen the value trap
Brent crude > $90/barrel
Impact: -300 bps margin impact
Management view: Hedging strategy in place for 40% of raw material requirements
Monitor: Crude-to-polymer spread
Promoter holding <55%
Management view: Promoters focused on organic growth rather than stock price
Monitor: Promoter pledge levels
Reliance market share >25% in specialty polymers
Impact: -150 bps margin impact
Management view: Differentiated product portfolio provides sustainable advantage
Monitor: Value-added product growth rate
Forward-looking targets from management for FY27
Revenue Growth Target
12%
Implied PAT Growth
22%
OPM Guidance
15.5%
Capex Plan
₹800 Cr
Credit Growth Target
10%
NIM Guidance
3.5%
Key Milestones
• Debt-to-equity ratio below 0.5x by June 2026
• Value-added products to reach 35% of revenue by FY27
Revenue, profit and margin growth rates
| Metric | YoY | 3Y CAGR | Trend |
|---|---|---|---|
| Revenue | +13% | +14% | Accelerating |
| PAT (Net Profit) | +27% | +27% | Stable |
| OPM | 15.0% | +100 bps | Expanding |
The above analysis is AI-generated from publicly available financial data. This is educational research only — not investment advice. Last updated Mar 28, 2026.
Based on publicly available financial data. This is educational research, not investment advice.
Time Technoplast Ltd has a deep value score of 58/100 (rated Average). This score is calculated from three components
Time Technoplast Ltd's quarterly profit (PAT) growth trajectory
Time Technoplast Ltd is underperforming the market despite improving earnings — this is the core deep value thesis
Time Technoplast Ltd's earnings momentum is Steady — consistent growth.
Time Technoplast Ltd's valuation metrics
Time Technoplast Ltd's revenue and margin trends
Time Technoplast Ltd's trailing twelve month (TTM) performance
Time Technoplast Ltd key facts
Time Technoplast Ltd shows limited deep value signals currently — score is 58/100 (Average). Monitor for improvement.
Cylinder deep value sector overview
Deep value investing studies stocks that are underperforming the market despite showing improving fundamentals. The thesis is that the market has not yet recognized the earnings recovery, creating a potential valuation gap. It requires patience — recovery can take several quarters.
The deep value score (0-100) combines three factors:
- Earnings (0-40 pts): PAT growth across last 3 quarters, acceleration, and consecutive growth - Underperformance (0-35 pts): How much the stock trails Nifty 500 over 1Y, 6M, 3M (deeper underperformance = higher score) - Quality (0-25 pts): Revenue growth, margin trends, and valuation metrics (PEG, P/B)
Higher score indicates a stronger contrarian research signal.
Time Technoplast Ltd has 4 key growth catalysts identified from recent earnings analysis
Time Technoplast Ltd has 3 key risks worth monitoring
The above FAQs are generated from publicly available earnings data. This is educational research only. Sector Alpha is not SEBI registered and does not provide investment advice.
