Time Technoplast Ltd (BOM:532856)
₹ 180.9 -4.1 (-2.22%) Market Cap: 89.30 Bil Enterprise Value: 91.62 Bil PE Ratio: 17.55 PB Ratio: 2.18 GF Score: 83/100

Q2 2025 Time Technoplast Ltd Earnings Call Transcript

Nov 12, 2024 / 10:30AM GMT
Release Date Price: ₹197.15 (-2.15%)

Key Points

Positve
  • Time Technoplast Ltd (BOM:532856) reported a year-on-year growth of 17% in volume and 15% in revenue for Q2 FY25.
  • The company's profit after tax for Q2 demonstrated an impressive year-on-year increase of 40%.
  • The demand for type four composite cylinders for CNG cascade remained strong, with a current order book of approximately INR185 crores.
  • The company achieved a 21% growth in value-added products in H1 FY25 compared to H1 FY24.
  • Time Technoplast Ltd (BOM:532856) is focusing on debt reduction, having reduced debt by INR52 crores in the first half of FY25.
Negative
  • The company faces challenges due to fluctuating prices, which have impacted revenue growth.
  • There are uncertainties related to the timing of new product developments, such as hydrogen cylinders.
  • The company has experienced delays in expansion projects due to external factors like geopolitical tensions.
  • Working capital cycle days remain high, with efforts ongoing to reduce them from 120 to 85-90 days over the next two years.
  • The depreciation cost has decreased, which may indicate aging assets that could require future investment.
Operator

Good evening to one and all present here with us. We welcome you to the Time Technoplast, Q2 and H1 F Y25 earnings conference call hosted by Kaviraj Securities Private Limited. This conference may contain forward-looking statements about the company which are based on beliefs, opinions, and expectations of the company. As on the date of this call, these statements are not the guarantee of future performances and involve risk and uncertainties that are difficult to predict as a reminder, all participants line will be in the listen-only mode and there will be an opportunity for you to ask question after the presentation concludes. Should you need assistance during the conference call. Please signal an operator by pressing star then zero on your touchtone phone. Please note that this conference is being recorded. I now hand the conference over to Mr. Abhijeet Purohit from Kaviraj Securities Private Limited. Thank you and over to you, sir.

Abhijeet Purohit
Kaviraj Securities Private Limited - Analyst

Thank you. Good evening, ladies and gentlemen, Karra Securities

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