Key Quantitative Figures - Consolidated (FY ended March 31, 2026)
- Total Income: ₹61,144.0 million (₹6,114.4 crore)
- Net Profit After Tax: ₹4,766.1 million (₹476.61 crore)
- Earnings Per Share (Basic & Diluted): ₹9.99
- Paid-up Equity Share Capital: ₹493.6 million (₹49.36 crore) [Face Value ₹1 per share]
- Other Equity: ₹40,389.4 million (₹4,038.94 crore)
- Net Worth: ₹40,883.0 million (₹4,088.30 crore)
- Total Comprehensive Income: ₹4,805.6 million (₹480.56 crore)
- Tax Expenses: ₹1,616.1 million (₹161.61 crore)
Key Quantitative Figures - Standalone (FY ended March 31, 2026)
- Total Income: ₹29,152.7 million (₹2,915.27 crore)
- Profit After Tax: ₹2,180.7 million (₹218.07 crore)
- Earnings Per Share (Basic & Diluted): ₹4.65
- Paid-up Equity Share Capital: ₹493.6 million (₹49.36 crore)
- Other Equity: ₹27,915.1 million (₹2,791.51 crore)
- Total Equity: ₹28,408.7 million (₹2,840.87 crore)
- Total Comprehensive Income: ₹2,182.8 million (₹218.28 crore)
- Tax Expenses: ₹700.5 million (₹70.05 crore)
Dividend
- The Board recommended a final dividend of ₹1.50 (150%) per equity share of face value ₹1 each for the financial year ended March 31, 2026.
- This is subject to the approval of members at the ensuing 36th Annual General Meeting.
Re-appointment of Cost Auditor
- Based on the Audit Committee's recommendation, the Board approved the re-appointment of M/s. Darshan Vora & Co., Cost Accountants (FRN: 103886) as the Cost Auditor of the Company for the audit of cost records for FY 2026-2027.
- The remuneration is subject to ratification by shareholders at the ensuing AGM.
Auditors' Report
- The Joint Statutory Auditors, M/s. K P M R & Co. and M/s. Raman S. Shah & Co., Chartered Accountants, issued reports dated May 27, 2026, for the quarter and year ended March 31, 2026.
- The declaration confirms an unmodified (clean) opinion on both the consolidated and standalone financial results.
Capital Structure Impact
- The Board had previously approved and issued bonus shares in a 1:1 ratio (1 bonus share for every 1 share held) on September 24, 2025. This increased the share capital from 22,69,29,066 shares to 45,38,58,132 shares.
- On November 11, 2025, the Committee of Directors allotted 3,97,77,247 equity shares to Qualified Institutional Buyers (QIB) at an issue price of ₹201.12 per share (including a premium of ₹200.12), aggregating to ₹800 Crore.
- The company received net proceeds of ₹781.13 Crore (after deducting issue expenses of ₹18.87 Crore).
- Utilization of QIP proceeds as of March 31, 2026:
- ₹400.00 Crore utilized for repayment/pre-payment of borrowings.
- ₹222.06 Crore allocated for funding inorganic growth (acquisitions, strategic investments, JVs) and general corporate purposes remains unutilized.
- ₹1.59 Crore of the total issue expenses of ₹18.87 Crore remains unutilized.
- Total unutilized proceeds: ₹356.41 Crore, temporarily invested in fixed deposits and other bank accounts.
Segment-Wise Performance (Consolidated - FY26)
- Polymer Products Segment: Revenue ₹38,191.7 million; PBT ₹4,143.2 million.
- Composite Products Segment: Revenue ₹22,860.4 million; PBT ₹2,944.9 million.
Key Financial Ratios (Consolidated - FY26)
- Debt Equity Ratio: 0.16
- Current Ratio: 3.51
- Operating EBITDA Margin: 14.74%
- Net Profit Margin: 7.79%
- Debtors Turnover: 72 days
- Inventory Turnover: 68 days
Key Financial Ratios (Standalone - FY26)
- Debt Equity Ratio: 0.15
- Current Ratio: 2.65
- Operating EBITDA Margin: 15.09%
- Net Profit Margin: 7.48%
- Debtors Turnover: 85 days
- Inventory Turnover: 72 days
Effective Date of Board Decisions
May 27, 2026
Parties Involved
- Stock Exchanges: BSE Limited, National Stock Exchange of India Ltd.
- Statutory Auditors: M/s. K P M R & Co., M/s. Raman S. Shah & Co.
- Cost Auditor: M/s. Darshan Vora & Co.
- Subsidiaries/JV: Listed in Annexure I of the Auditors' Report (e.g., TPL Plastech Ltd., Powerbuild Batteries Pvt. Ltd., Time Ecotech Pvt. Ltd., etc.).
Notes to Financial Results
- The figures for the last quarter are balancing figures between the audited full year and the published unaudited nine-month figures.
- The company has accounted for an incremental liability for employees due to the new Labour Codes effective November 21, 2025, but it was not material to the financial results.
- Previous periods' figures have been re-grouped/re-classified where necessary.
Availability of Results
The results are available on the BSE website (www.bseindia.com), NSE website (www.nseindia.com), and the company's website (www.timetechnoplast.com).