Time Technoplast (NSE:TIMETECHNO) ROIC %: 12.63% (As of Mar. 2026)

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NSE:TIMETECHNO Time Technoplast Ltd NSE:TIMETECHNO
86 GF Score
Price ₹199.40
GF Value ₹205.32
Valuation Fairly Valued
! 1 Warning Sign
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What is Time Technoplast ROIC %?

Time Technoplast NSE:TIMETECHNO +2.19% 86 ROIC % is 12.63% as of Mar. 2026. GuruFocus rates NSE:TIMETECHNO with a GF Score™ of 86/100 and a GF Value™ of ₹205.32 (Fairly Valued). The stock has 1 warning sign investors should review.

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. Time Technoplast's annualized return on invested capital (ROIC %) for the quarter that ended in Mar. 2026 was 12.63%.

As of today (2026-07-17), Time Technoplast's WACC % is 13.65%. Time Technoplast's ROIC % is 13.13% (calculated using TTM income statement data). Time Technoplast earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Time Technoplast  (NSE:TIMETECHNO) ROIC % Explanation

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.

There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.

Why is ROIC % important?

Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.

As of today, Time Technoplast's WACC % is 13.65%. Time Technoplast's ROIC % is 13.13% (calculated using TTM income statement data). Time Technoplast earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Be Aware

Like ROE % and ROA %, ROIC % is calculated with only 12 months of data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.


Time Technoplast ROIC % Related Terms


Time Technoplast ROIC % Historical Data

* Premium members only.

The historical data trend for Time Technoplast's ROIC % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Time Technoplast ROIC % Chart

Time Technoplast Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.71 9.41 11.27 12.76 12.79

Time Technoplast Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROIC % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 13.62 12.05 13.87 14.76 12.63

NSE:TIMETECHNO vs SW, PKG, IP: ROIC % Comparison

For the Packaging & Containers subindustry, Time Technoplast's ROIC %, along with its competitors' market caps and ROIC % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Time Technoplast ROIC % vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Time Technoplast's ROIC % distribution charts can be found below:

* The bar in red indicates where Time Technoplast's ROIC % falls into.


NSE:TIMETECHNO
86GF Score
Time Technoplast Ltd NSE:TIMETECHNO
ROIC % is just one metric. See GF Score™, valuation, warning signs, and more.
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Time Technoplast ROIC % Calculation

Time Technoplast's annualized Return on Invested Capital (ROIC %) for the fiscal year that ended in Mar. 2026 is calculated as:

ROIC % (A: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Mar. 2025 ) + Invested Capital (A: Mar. 2026 ))/ count )
=7088 * ( 1 - 25.32% )/( (37222.4 + 45524.9)/ 2 )
=5293.3184/41373.65
=12.79 %

where

Invested Capital(A: Mar. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=43987.545 - 4993.212 - ( 1771.933 - max(0, 10819.061 - 28998.519+1771.933))
=37222.4

Invested Capital(A: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=56386.5 - 5066.4 - ( 5795.2 - max(0, 10809.2 - 39260.3+5795.2))
=45524.9

Time Technoplast's annualized Return on Invested Capital (ROIC %) for the quarter that ended in Mar. 2026 is calculated as:

ROIC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=7760.8 * ( 1 - 25.91% )/( (0 + 45524.9)/ 1 )
=5749.97672/45524.9
=12.63 %

where

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=56386.5 - 5066.4 - ( 5795.2 - max(0, 10809.2 - 39260.3+5795.2))
=45524.9

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data. The tax rate is limited to between 0% and 100%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about ROIC % →
What does a ROIC % of 12.63% mean?
Time Technoplast (NSE:TIMETECHNO) has a ROIC % of 12.63% as of Mar. 2026. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on Time Technoplast and its competitors.
Is Time Technoplast's ROIC % too high?
Time Technoplast's current ROIC % is 12.63%. The Packaging & Containers industry median ROIC % is 4.22. Time Technoplast's value of 12.63% is 199.3% above this industry median. Overall, Time Technoplast has a GF Score™ of 86/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Time Technoplast's ROIC % compare to SW and PKG?
Time Technoplast's ROIC % of 12.63% can be compared against companies in the Packaging & Containers industry. The industry median ROIC % is 4.22. Time Technoplast's value of 12.63% is 199.3% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROIC % for a Packaging & Containers company?
The median ROIC % among Packaging & Containers companies is 4.22, based on 396 companies in the industry. Companies in the top quartile (top 25%) have a ROIC % significantly above this median, while those in the bottom quartile fall well below. However, ROIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Time Technoplast's current ROIC % of 12.63% is 199.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROIC % mean?
A high ROIC % can signal that a stock is expensive relative to its fundamentals. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on Time Technoplast and its competitors. For the Packaging & Containers industry, the median ROIC % is 4.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Time Technoplast's current ROIC % is 12.63%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Time Technoplast stock overvalued right now?
Based on GuruFocus' analysis, Time Technoplast (NSE:TIMETECHNO) is currently considered Fairly Valued. The stock's GF Value™ is ₹205.32, compared to a current price of ₹199.40 — trading 2.9% below its estimated fair value. The current ROIC % is 12.63% and 199.3% above the Packaging & Containers industry median of 4.22. Time Technoplast's overall GF Score™ is 86/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROIC % calculated?
ROIC % is calculated from a company's financial statements. For Time Technoplast (NSE:TIMETECHNO), the current ROIC % is 12.63% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Time Technoplast (NSE:TIMETECHNO) Overvalued in 2026?

Based on GuruFocus' analysis, Time Technoplast stock appears to be undervalued. The current stock price of ₹199.40 is trading 2.9% below its estimated GF Value™ of ₹205.32. GuruFocus considers Time Technoplast to be Fairly Valued.

Key valuation signals for NSE:TIMETECHNO:

  • ROIC %: 12.63%
  • GF Value™: ₹205.32 vs. price of ₹199.40 (2.9% below fair value)
  • GF Score™: 86/100 with 1 warning sign
  • Industry Position: 199.3% above the Packaging & Containers median

No single metric tells the full story. See the NSE:TIMETECHNO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Time Technoplast Business Description

Other Exchanges 532856:India
Address 55, Corporate Avenue, Saki Vihar Road, 2nd Floor, Andheri (East), Mumbai, MH, IND, 400072
Time Technoplast Ltd is a packaging solutions provider. The company's portfolio consists of technically driven products catering to growing industry segments like Industrial Packaging Solutions, Lifestyle Products, Automotive Components, Infrastructure / Construction-related products, Material Handling Solutions & Composite Cylinders. The Polymer segment is the company's core segment and generates maximum revenues. The Composite products segment provides products such as pressure pipes, prefabricated shelters, and energy storage devices. Apart from India. It has operational footprints in the UAE, Bahrain, Egypt, Thailand, Vietnam, Malaysia, Indonesia, the United States, and Taiwan.
86GF Score

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ROIC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹199.40
Price
₹205.32
GF Value