Annual Report of Time Technoplast Limited for the Financial Year 2025-26.

TlmE7 August 31, 2026 National Stock Exchange of India Ltd. BSEL imited Exchange Plaza, 5th Floor, 1't Floor, New Trading Ring, Plot No. C-1, Block G, Rotunda Building, Bandra– Kurla Complex, P.J.T owers, DalaIS treet, Bandra (East), Mumbai – 400 051 Fort, Mumbai – 400 001 Symbol: TIMETECHNO Scrip Code: 532856 Dear Sir/Madam, Sub: Annual Report of Time Technoplast Limited ('the Company’) for the Financial year 2025_26 Pursuant to the provisions of Regulation 34(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('Listing Regulations’), please find enclosed herewith the Annual Report of the Company for the Financial Year 2025-26 along with the Notice of 36thA GM/ which has being sent through electronic mode to those Members whose email addresses are registered with the Company/Registrar and Share Transfer Agents ('RTA’)/Depository Participants ('DPs’). Further, in accordance with Regulation 36(1)(b) of the Listing Regulations/ the Company has also dispatched letters to those Members whose e-mail addresses are not registered with Company/RTA/DPsp roviding them with the web-link, including the exact path and Quick Response ('QR’) code, where complete details of the Annual Report for Financial Year 2025-26 are available. The 36th Annual General Meeting ('AGM’) of the Members of the Company is scheduled to be held on Tuesday,S eptember 22, 2026 at 04:00 p.m. (IST) through Video Conferencing( 'vc’)/ Other Audio-Visual Means ('OAVM’), without physical presence of the Members, in compliance with the relevant circulars issued by the Ministry of Corporate Affairs ('MCA’) and the Securities and ExchangeB oardo f India ('SEBl’). The Annual Report along with the Notice of 36thA GM is also available on the Company’s website and can be assesseda t https://www.timetechnoplast.com/investor-center/annual-report/ ThankingY ou, For Time Technoplast Limited Manoj Kumar nnewara Sr. VP Financea nd Company Secretary TIME TECHNOPLAST LTD With a vision for the future GIN : L27203DD1989PLC003240 Regd. Office : 101, lst Floor, Centre Point, Somnath Daman Road, Somnath, Dabhol, Nani Daman, Daman ' 396210 t.RW. Off. : 55, Corporate Avenue. 2nd Floor, Saki Uhar Road, Andheri (East), Mumbai - 4tH 072 INDIA Tel. : 91-22-7111 9999/9g)3 E-mail : tWmetocjastmm WebSIte : www.bmetechnollast.com Bangalore ' (080) 27735M6 / 47 BacIdl: 98167202020816820202/98167tXi202 Chennai (044) 4501 0019 /29 Delhi : (0120) 43261zK/42U%6 Hyderabad : 9849019428 Kolkata - (033) 659800:Y CONTENT WORLD WIDE PRESENCE 01 The People who manage Time 02 About Us 03 Portfolio 05 Growth at a Glance 06 BOARDS’ REPORT 07 Management Discussion & Analysis 33 Report on Corporate Governance 46 Business Responsibility & Sustainability Report 85 REPORTING TIME Standalone Information Auditors’ Report 124 Financial Statements 133 Consolidated Information Auditors’ Report 172 Financial Statements 180 Form AOC - 1 215 NOTICE 216 We don’t mind seeing competition ahead of us so long as they are at least a few laps behind. — Team Time TIME TECHNOPLAST LIMITED DIRECTORS’ REPORT To the Members, Your Directors have pleasure in presenng the Annual Report of Time Technoplast Limited (“the Company”) on the business and operaons of the Company together with the Audited Financial Statements (Standalone and Consolidated) for the Financial Year ended March 31, 2026. 1. Financial Summary and Highlights The Company’s financial performance for the year under review along with previous year’s figures are given hereunder ­ (` in Mn., Except EPS) Parculars Standalone Consolidated FY 2025­26 FY 2024­25 FY 2025­26 FY 2024­25 Revenue from Operaons 28,804.15 26,626.75 61,052.05 54,570.44 Other income 348.51 77.49 91.99 52.70 Total income 29,152.66 26,704.24 61,144.04 54,623.14 Profit before Interest, Depreciaon & tax 4,399.66 3,957.73 9,013.43 7,902.27 Interest & Finance Cost 513.44 561.89 797.83 915.31 Depreciaon and amorsaon expense 1,005.02 1,058.40 1,833.35 1,696.71 Profit before tax 2,881.20 2,337.44 6,382.25 5,290.25 Tax Expenses 700.51 594.10 1,616.11 1,345.79 Profit aer tax 2,180.69 1,743.34 4,766.14 3,944.46 Basic & Diluted EPS (in `) 4.65 3.84 9.99 8.55 Note: The above figures are extracted from the Audited Financial Statements for the year under review. Members are requested to refer to the Standalone and Consolidated Financial Statements forming part of this Annual Report for detailed line items and notes thereto. 2. Company’s Performance & State of Affairs A Landmark Year ­ Scaling New Peaks Financial Year 2025­26 stands as the most successful year in the Company's history ­ a year in which Revenue, EBITDA, and Profit aer Tax each scaled all­me highs on both a Standalone and Consolidated basis. This landmark performance was achieved against a challenging global backdrop, marked by connuing geopolical tensions in West Asia and the ongoing Russia­Ukraine conflict, which drove volality in polymer prices, freight costs and foreign exchange rates through the year. It is a testament to the strength of the Company's long­standing customer relaonships, its balanced sourcing policy and prudent risk­migaon measures that it not only navigated these headwinds but converted them into a plaorm for record growth. The Board is pleased to report that the Company connued to strengthen its posion as a leading global manufacturer of polymer and composite products ­ powered by a growing share of value­added, higher­margin products, a meaningfully lower net debt posion, and sustained momentum on capacity expansion, automaon and sustainability iniaves. On a Standalone basis, Total Income grew by 9.2% to ` 29,152.66 Mn as against ` 26,704.24 Mn in the previous year, while Profit before Interest, Depreciaon and Tax grew by 11.2% to ` 4,399.66 Mn. Profit aer Tax registered a robust growth of 25.1%, rising to ` 2,180.69 Mn from ` 1,743.34 Mn in FY25, with the corresponding Basic & Diluted EPS improving to ` 4.65 from ` 3.84. On a Consolidated basis, Total Income grew by 11.9% to ` 61,144.04 Mn as compared to ` 54,623.14 Mn in FY25, driven by a healthy volume growth of 13.5% across the Company's diversified product porolio. EBITDA increased by 14% to ` 9,013.43 Mn, with the EBITDA margin improving to 14.7% from 14.5% in the previous year. Consolidated Profit aer Tax grew by 20.8% to ` 4,766.14 Mn as against ` 3,944.46 Mn in FY25, with the corresponding Consolidated EPS improving to ` 9.99 from ` 8.55. Value­added products ­ Composite Cylinders (LPG, CNG and Oxygen), Intermediate Bulk Containers (IBC), and MOX Films ­ remained the standout growth driver of the year, clocking an impressive 18% year­on­year revenue growth and liing their share of consolidated revenue to 29%, up from 27% in the previous year. This connued shi reaffirms the Company's strategic focus on higher­margin, technology­driven products as the foundaon for sustainable, profitable growth. Established Products, meanwhile, delivered a solid 10% growth, connuing to anchor the balance 71% of consolidated revenue. Geographically, the Company's diversified global footprint ­ spanning 11 countries ­ connued to prove its resilience, with a healthy revenue mix of 65% from India and 35% from overseas/internaonal operaons. The Company also strengthened its balance sheet during the year, with consolidated net debt (net of cash) reduced by ` 4,087 Mn and Return on Capital Employed (ROCE) at 18.9%. The Company connued to invest in capacity expansion and technological upgradaon, incurring a total capital expenditure of ` 3,704 Mn during the year towards Greenfield and Brownfield projects, which are expected to further strengthen the Company's operang leverage and margin trajectory going forward. 3. Transfer to Reserves Your Company does not propose to transfer any amount to the general reserves of the Company. 4. Dividend In terms of Regulaon 43A of the Securies and Exchange Board of India (Lisng Obligaons and Disclosure Requirement [Showing first 8,000 characters — download PDF for full document]