Time Technoplast has completed a greenfield plant at Bhilad, Gujarat, for conical polymer pails and other injection-moulded packaging products. The exchange filing says the automated facility has 6,000 tonnes of annual capacity and cost about ₹24 crore. Production is scheduled to begin on September 25.
What Time Technoplast Bhilad adds
Time Technoplast has completed a greenfield plant at Bhilad, Gujarat, for conical polymer pails and other injection-moulded packaging products. The exchange filing says the automated facility has 6,000 tonnes of annual capacity and cost about ₹24 crore. Production is scheduled to begin on September 25.
The plant uses robotics and is dedicated to this product line. That matters because automation can improve consistency and labour productivity, while dedicated capacity can shorten changeovers. Those benefits still depend on stable demand and reliable machine uptime.
How to read the ₹100 crore target
The company estimates roughly ₹100 crore of turnover at 90% capacity utilisation. That is a management estimate, not booked revenue. At nameplate capacity, production volume and realised price will vary with customer mix, resin costs and product specifications.
The useful conversion test is simple: how quickly the facility moves from startup to sustained utilisation. A ₹24 crore project supporting the stated turnover would look efficient if orders, yields and collections arrive as planned; delays or weak demand would change that picture.
Why conical pails are an operating product
Conical pails can nest when empty, reducing return-logistics and storage space. Injection moulding also allows repeatable dimensions and product formats. Customers, however, qualify packaging for strength, sealing and compatibility, so new capacity does not instantly translate into volume.
Time Technoplast Bhilad must demonstrate quality, cycle time and customer acceptance. Automation reduces some variability but creates its own maintenance and tooling requirements.
The numbers investors should watch
Track utilisation, segment revenue, margin, depreciation and working capital. Resin-price movements can change selling prices and inventory needs, while receivable days show whether new turnover converts into cash. The current disclosure does not name customers or committed order volumes.
A comparable discipline applies to BL Agro’s manufacturing-linked investment and Diamond Power’s utility order: announced scale matters only when operating output and collections follow.
What comes next
The September 25 production start is the first near-term milestone. Subsequent quarterly results should show whether utilisation rises toward the 90% assumption behind the ₹100 crore turnover estimate.
Time Technoplast Bhilad is a compact capacity expansion with clearly disclosed inputs. The story now moves from construction to operating proof: customer qualification, output, margins and cash conversion.
Time Technoplast: verified facts
| Item | Detail | Source |
|---|---|---|
| Investment | About ₹24 crore | Company filing; CNBC-TV18 |
| Annual capacity | 6,000 tonnes | Company filing; CNBC-TV18 |
| Products | Conical polymer pails and injection-moulded products | Company filing |
| Target turnover | About ₹100 crore at 90% utilisation | Company filing |
| Production start | 25 September 2026 | Company filing; ScanX |
Frequently asked questions
What will the Bhilad plant manufacture?
Conical polymer pails and other injection-moulded packaging products.
What did Time Technoplast invest?
The company disclosed an investment of about ₹24 crore.
When does production begin?
The company filing says production is scheduled to begin on September 25, 2026.
Is ₹100 crore guaranteed revenue?
No. It is the company’s approximate turnover estimate at 90% utilisation, not booked revenue.
Verified sources
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