Time Technoplast delivered strong financial results for the quarter and nine months.

Q3 revenue grew 13% to ₹1,567.1 Cr, with EBITDA up 17% to ₹235.8 Cr (15.0% margin) and PAT rising 25% to ₹126.3 Cr.

Nine-month revenue increased 11% to ₹4,432.8 Cr, EBITDA by 14% to ₹655.4 Cr (14.8% margin), and PAT by 21% to ₹336.9 Cr.

Value-added products were a key driver, increasing 19% in Q3 and 17% in 9M. ROCE reached 18.6%. The company is strategically focused on high-growth segments like Composites (25-30% expected growth) and PE Pipes (20-25%). Key initiatives include operational efficiencies, cost reduction, and improving working capital, targeting 90 days.

They're also committed to green energy, aiming for 75% solar power within two years.

Significant debt reduction of ₹380.1 Cr was achieved in nine months, bringing total debt to ₹266.4 Cr, supported by strong operating cash flow of ₹332.3 Cr.

A successful ₹800 Cr QIP bolstered finances.

Order books are robust, including ₹165 Cr for Composite Cylinders and ₹275 Cr for PE Pipes.

Recent developments include a hydrogen-powered drone and partnerships for hydrogen system solutions.

New projects like a composite CNG plant and recycling facilities are underway.

Management targets 20% ROCE for FY26.