Time Technoplast Limited operates in the Plastics products sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Time Technoplast Limited with three other
plastic product manufacturers in Asia:
Sanko Gosei Ltd
sales of 55.15 billion Japanese Yen [US$485.83 million]
of which 42%
Eastern Polymer Group PCL
(9.58 billion Thai Bahts [US$288.22 million]
of which 47%
was Automotive plastic), and
SKP Resources Bhd
based in MALAYSIA
(2.25 billion Malaysian Ringgits [US$542.44 million]
of which 100%
was Manufaturing of plastic products).
During the first
quarter of 2022, sales at Time Technoplast Limited totalled
7.54 billion Indian Rupees .
an increase of 58.7%
from the 4.75 billion Indian Rupees in sales at the company during the first quarter of 2021.
This was the biggest same quarter rise in sales at Time Technoplast Limited in the previous 34 quarters.
There appears to be at least some degree of seasonality in the sales at Time Technoplast Limited: during 8 of the previous 9
years, sales were highest during the fourth quarter.
The exception to this was during 2020, when the
third quarter was the best quarter, accounting for
26% of sales (during that same year, the
fourth quarter accounted for 26% of sales).
Time Technoplast Limited reported sales of 30.05 billion Indian Rupees (US$400.56 million)
March of 2021.
decrease of 16.0%
versus 2020, when the company's sales were 35.78 billion Indian Rupees .
Contributing to the drop in overall sales was the 16.8% decline
in Polymer Products, from 25.37 billion Indian Rupees to 21.10 billion Indian Rupees .
There were also decreases in sales in
Composite Products (down 14.1% to 8.95 billion Indian Rupees )