Time Technoplast Limited (TIMETECHNO) - Net Assets
Based on the latest financial reports, Time Technoplast Limited (TIMETECHNO) has net assets worth Rs41.66 Billion INR (≈ $450.56 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs56.39 Billion ≈ $609.80 Million USD) and total liabilities (Rs14.72 Billion ≈ $159.24 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Time Technoplast Limited PP&E and investment ratio to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs41.66 Billion |
| % of Total Assets | 73.89% |
| Annual Growth Rate | 20.7% |
| 5-Year Change | 95.96% |
| 10-Year Change | 205.24% |
| Growth Volatility | 22.79 |
Time Technoplast Limited - Net Assets Trend (2005–2026)
This chart illustrates how Time Technoplast Limited's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Time Technoplast Limited market cap and net worth.
Annual Net Assets for Time Technoplast Limited (2005–2026)
The table below shows the annual net assets of Time Technoplast Limited from 2005 to 2026. Also explore TIMETECHNO year-over-year net asset growth to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | Rs41.66 Billion ≈ $450.56 Million |
+40.65% |
| 2025-03-31 | Rs29.62 Billion ≈ $320.35 Million |
+13.22% |
| 2024-03-31 | Rs26.16 Billion ≈ $282.94 Million |
+12.41% |
| 2023-03-31 | Rs23.27 Billion ≈ $251.70 Million |
+9.47% |
| 2022-03-31 | Rs21.26 Billion ≈ $229.93 Million |
+8.97% |
| 2021-03-31 | Rs19.51 Billion ≈ $211.01 Million |
+4.49% |
| 2020-03-31 | Rs18.67 Billion ≈ $201.93 Million |
+8.85% |
| 2019-03-31 | Rs17.15 Billion ≈ $185.52 Million |
+12.59% |
| 2018-03-31 | Rs15.24 Billion ≈ $164.77 Million |
+11.63% |
| 2017-03-31 | Rs13.65 Billion ≈ $147.61 Million |
+10.99% |
| 2016-03-31 | Rs12.30 Billion ≈ $133.00 Million |
+10.54% |
| 2015-03-31 | Rs11.13 Billion ≈ $120.32 Million |
+11.22% |
| 2014-03-31 | Rs10.00 Billion ≈ $108.18 Million |
+12.32% |
| 2013-03-31 | Rs8.91 Billion ≈ $96.32 Million |
+8.92% |
| 2012-03-31 | Rs8.18 Billion ≈ $88.43 Million |
+14.99% |
| 2011-03-31 | Rs7.11 Billion ≈ $76.90 Million |
+17.27% |
| 2010-03-31 | Rs6.06 Billion ≈ $65.58 Million |
+17.16% |
| 2009-03-31 | Rs5.18 Billion ≈ $55.97 Million |
+24.66% |
| 2008-03-31 | Rs4.15 Billion ≈ $44.90 Million |
+94.13% |
| 2007-03-31 | Rs2.14 Billion ≈ $23.13 Million |
+59.15% |
| 2006-03-31 | Rs1.34 Billion ≈ $14.53 Million |
+67.56% |
| 2005-03-31 | Rs802.00 Million ≈ $8.67 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Time Technoplast Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 2934695100000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2026)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rs29.35 Billion | 71.78% |
| Common Stock | Rs493.60 Million | 1.21% |
| Other Comprehensive Income | Rs428.31 Million | 1.05% |
| Other Components | Rs10.61 Billion | 25.96% |
| Total Equity | Rs40.88 Billion | 100.00% |
Time Technoplast Limited Competitors by Market Cap
The table below lists competitors of Time Technoplast Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ORION Holdings Corp
KO:001800
|
$968.22 Million |
|
Guangzhou Guangri Stock Co Ltd
SHG:600894
|
$968.35 Million |
|
SEP Analytical (Shanghai) Co. Ltd.
SHE:301228
|
$968.42 Million |
|
O-Bank Co Ltd
TW:2897
|
$968.66 Million |
|
Hwaxin Environmental Co. Ltd. A
SHE:301265
|
$967.38 Million |
|
Sify Technologies Limited
NASDAQ:SIFY
|
$967.00 Million |
|
Dynamatic Technologies Limited
NSE:DYNAMATECH
|
$966.05 Million |
|
CHERVON HOLDINGS LTD
F:AZ9
|
$965.89 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Time Technoplast Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 28,921,400,000 to 40,883,000,000, a change of 11,961,600,000 (41.4%).
- Net income of 4,687,200,000 contributed positively to equity growth.
- Dividend payments of 588,500,000 reduced retained earnings.
- New share issuances of 8,000,000,000 increased equity.
- Other comprehensive income increased equity by 37,130,000.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs4.69 Billion | +11.46% |
| Dividends Paid | Rs588.50 Million | -1.44% |
| Share Issuances | Rs8.00 Billion | +19.57% |
| Other Comprehensive Income | Rs37.13 Million | +0.09% |
| Other Changes | Rs-174.23 Million | -0.43% |
| Total Change | Rs- | 41.36% |
Book Value vs Market Value Analysis
This analysis compares Time Technoplast Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 2.08x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 26.49x to 2.08x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-03-31 | Rs6.84 | Rs181.22 | x |
| 2006-03-31 | Rs3.21 | Rs181.22 | x |
| 2007-03-31 | Rs6.68 | Rs181.22 | x |
| 2008-03-31 | Rs9.88 | Rs181.22 | x |
| 2009-03-31 | Rs11.76 | Rs181.22 | x |
| 2010-03-31 | Rs13.58 | Rs181.22 | x |
| 2011-03-31 | Rs15.71 | Rs181.22 | x |
| 2012-03-31 | Rs17.75 | Rs181.22 | x |
| 2013-03-31 | Rs19.32 | Rs181.22 | x |
| 2014-03-31 | Rs21.62 | Rs181.22 | x |
| 2015-03-31 | Rs24.68 | Rs181.22 | x |
| 2016-03-31 | Rs54.91 | Rs181.22 | x |
| 2017-03-31 | Rs31.10 | Rs181.22 | x |
| 2018-03-31 | Rs32.79 | Rs181.22 | x |
| 2019-03-31 | Rs36.89 | Rs181.22 | x |
| 2020-03-31 | Rs40.05 | Rs181.22 | x |
| 2021-03-31 | Rs41.92 | Rs181.22 | x |
| 2022-03-31 | Rs45.68 | Rs181.22 | x |
| 2023-03-31 | Rs49.92 | Rs181.22 | x |
| 2024-03-31 | Rs56.20 | Rs181.22 | x |
| 2025-03-31 | Rs63.72 | Rs181.22 | x |
| 2026-03-31 | Rs87.14 | Rs181.22 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Time Technoplast Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 11.46%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.68%
- • Asset Turnover: 1.08x
- • Equity Multiplier: 1.38x
- Recent ROE (11.46%) is below the historical average (12.89%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 9.86% | 5.46% | 0.84x | 2.15x | Rs-1.16 Million |
| 2006 | 18.24% | 9.44% | 0.82x | 2.37x | Rs110.73 Million |
| 2007 | 19.55% | 10.33% | 0.92x | 2.06x | Rs201.44 Million |
| 2008 | 23.84% | 14.01% | 1.08x | 1.58x | Rs553.86 Million |
| 2009 | 15.38% | 9.65% | 0.82x | 1.95x | Rs266.63 Million |
| 2010 | 17.08% | 9.72% | 0.82x | 2.14x | Rs407.40 Million |
| 2011 | 16.58% | 8.71% | 0.82x | 2.33x | Rs440.38 Million |
| 2012 | 11.80% | 5.88% | 0.80x | 2.51x | Rs137.14 Million |
| 2013 | 12.47% | 5.76% | 0.86x | 2.51x | Rs204.71 Million |
| 2014 | 10.28% | 4.36% | 0.97x | 2.42x | Rs25.59 Million |
| 2015 | 10.57% | 4.43% | 1.06x | 2.25x | Rs58.75 Million |
| 2016 | 11.98% | 5.59% | 1.02x | 2.10x | Rs229.00 Million |
| 2017 | 11.09% | 5.34% | 1.07x | 1.94x | Rs144.53 Million |
| 2018 | 12.16% | 5.81% | 1.07x | 1.95x | Rs320.49 Million |
| 2019 | 12.15% | 5.69% | 1.11x | 1.92x | Rs358.20 Million |
| 2020 | 9.32% | 4.73% | 1.06x | 1.85x | Rs-123.84 Million |
| 2021 | 5.44% | 3.44% | 0.91x | 1.74x | Rs-868.54 Million |
| 2022 | 9.07% | 5.15% | 1.01x | 1.74x | Rs-192.53 Million |
| 2023 | 9.65% | 5.11% | 1.12x | 1.69x | Rs-78.89 Million |
| 2024 | 12.16% | 6.22% | 1.21x | 1.61x | Rs551.66 Million |
| 2025 | 13.41% | 7.11% | 1.24x | 1.52x | Rs987.36 Million |
| 2026 | 11.46% | 7.68% | 1.08x | 1.38x | Rs598.90 Million |
Industry Comparison
This section compares Time Technoplast Limited's net assets metrics with peer companies in the Packaging & Containers industry.
Industry Context
- Industry: Packaging & Containers
- Average net assets among peers: $2,372,328,748
- Average return on equity (ROE) among peers: 8.79%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Time Technoplast Limited (TIMETECHNO) | Rs41.66 Billion | 9.86% | 0.35x | $967.44 Million |
| AGI Greenpac Limited (AGI) | $15.13 Billion | 4.63% | 1.35x | $562.09 Million |
| AMD Industries Limited (AMDIND) | $1.09 Billion | 5.42% | 1.54x | $12.19 Million |
| Antarctica Limited (ANTGRAPHIC) | $166.90 Million | 0.22% | 0.20x | $1.19 Million |
| Arrow Greentech Limited (ARROWGREEN) | $979.79 Million | 33.86% | 0.06x | $147.80 Million |
| Balkrishna Paper Mills Limited (BALKRISHNA) | $-1.75 Billion | 0.00% | 0.00x | $5.58 Million |
| B&B Triplewall Containers Limited (BBTCL) | $884.20 Million | 27.64% | 1.04x | $50.80 Million |
| Bkm Industries Limited (BKMINDST) | $1.54 Billion | -18.96% | 1.49x | $1.28 Million |
| Borosil Scientific (BOROSCI) | $3.76 Billion | 6.26% | 0.31x | $111.16 Million |
| COMMERCIAL SYN BAGS ORD (BSE) (COMSYN) | $228.62 Million | 22.97% | 2.07x | $122.21 Million |
| Emmbi Industries Limited (EMMBI) | $1.70 Billion | 5.85% | 1.28x | $18.10 Million |
About Time Technoplast Limited
Time Technoplast Limited manufactures and sells composite and polymer products in India. It operates thorugh two segments, Polymer and Composite. The company offers industrial packaging products, including drums, containers, jerry cans, pails, and PET sheets under TECHPACK brand; infrastructure solutions, such as high-density polyethylene (HDPE) pipes under Max'M brand, as well as DWC pipes; and … Read more