1:1 Bonus Share: Small-Cap Company- Time Technoplast Ltd Receives Order Worth Rs 190 Crore from Reputed EPC Contractor

Time Technoplast Ltd. has announced a significant order receipt from a Reputed EPC Contractor for the supply of HDPE Pipe Products specifically for Power Duct Applications. The order is valued at approximately Rs 190 crore and pertains to projects being carried out by the Amaravathi Development Corporation Limited and the Andhra Pradesh Capital Region Development Authority. This domestic supply contract mandates the delivery of goods until the completion of the agreed delivery schedule, with payment secured through a Bank instrument. This new contract substantially boosts the company's existing Order Book for the HDPE Pipe segment, raising its cumulative order book to around Rs 280 crore. The company is well-positioned to execute this large order, as its current installed manufacturing capacity allows it to produce approximately Rs 2,450 crore worth of HDPE Pipe Products annually, utilising its four strategically located manufacturing facilities across India (Silvassa, GummidIPOondi, Medchal, and Amta).

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This substantial new order, which is nearly two-thirds of the Rs 283 crore revenue generated by the HDPE Pipe Products segment in FY 2024-25, underscores Time Technoplast's robust execution capabilities and ability to capture large infrastructure projects. The company is poised to capitalise on the increasing government focus and substantial investments in India's infrastructure and smart city development. They anticipate the Indian pipe market to experience a significant boom, forecasting a Compounded Annual Growth Rate (CAGR) exceeding 20 per cent. This strong anticipated market growth, combined with the current substantial order book, signals major opportunities for sustained expansion and continued market leadership for Time Technoplast in the coming years.

Additionally, the company ex-traded bonus shares in a 1:1 ratio, meaning shareholders will receive one new bonus share for every one fully paid-up share they currently hold. This issuance is subject to shareholder approval at the company's 35th Annual General Meeting on September 11, 2025. The record date for determining eligible shareholders was Monday, September 15, 2025.

About the Company

Time Technoplast Ltd, a multinational conglomerate, leads the market in the manufacturing of plastic drums and composite cylinders. Their focus is industrial packaging, with a strong domestic presence and cost-plus pricing. While they also produce infrastructure, lifestyle, and automotive components, their high-growth value-added products are particularly noteworthy. Composite cylinders, a key innovation, are lighter, more durable, and safer than traditional metal options, positioning Time Technoplast for a strong future in the evolving energy landscape.

The company has a market cap of over Rs 9,700 crore and reported positive numbers in its Quarterly Results (Q1FY26) and annual results (FY25). The stock gave multibagger returns over 1,000 per cent in just 2 years whereas the BSE Sensex Index is up by 113 per cent.

Disclaimer: The article is for informational purposes only and not investment advice.