Is Time Technoplast the Best Stock in Its Sector? A Look at the Numbers

Time Technoplast CMP Rs 181 (09 Oct 2026). Market cap Rs 8,843 Cr. ROE 11.46%. P/E 17.76x versus Industry P/E 36.50x.

Is Time Technoplast the best stock in its sector? The stock trades on the NSE at Rs 181 as of 09 October 2026, within its 52-week range of Rs 154.00 to Rs 227.50. Time Technoplast Ltd makes industrial packaging, composite cylinders, intermediate bulk containers and MOX film, and reports a share of over 55% in the domestic industrial packaging market.

Time Technoplast sits in the Plastic Products sector, and its 11.46% ROE and 17.76x P/E give a starting point for judging where it stands against comparable listed names. The rest of this article compares those numbers against verified peers and the sector’s Industry P/E benchmark.

Also read – Is Abbott India the Best Stock in Its Sector? A Look at the Numbers

Click Here – Get Free Investment Predictions

About Time Technoplast

Time Technoplast Ltd makes industrial packaging, composite cylinders, intermediate bulk containers and MOX film, and reports a share of over 55% in the domestic industrial packaging market. The stock trades about 20 percent below its 52-week high and about 18 percent above its 52-week low. At a market capitalisation of Rs 8,843 Cr, it is tracked as part of the Plastic Products sector on Univest.

Is Time Technoplast the Best Stock in Its Sector?

Time Technoplast makes its case as the best stock in its sector primarily on valuation relative to its Industry P/E, combining a 11.46% ROE with a 17.76x P/E against the sector’s 36.50x Industry P/E. Time Technoplast’s 17.76x P/E is about half the 36.50x Industry P/E with an 11.46% ROE and a debt to equity of 0.18, though the stock is about 20 percent below its 52-week high.

Metric	Time Technoplast
CMP (NSE)	Rs 181.04
52-Week High / Low	Rs 227.50 / Rs 154.00
Market Cap	Rs 8,843 Cr
P/E (TTM) vs Industry P/E	17.76x vs 36.50x
P/B	2.16
ROE	11.46%
EPS (TTM)	Rs 10.09
Dividend Yield	0.84%
Debt to Equity	0.18

Compare Time Technoplast Against Other Plastic Products Sector Stocks

How Time Technoplast Compares Against Its Plastic Products Sector Peers

The table below sets Time Technoplast against 2 other Plastic Products sector names, using the same live data source for every company. A peer average row is included for P/E, ROE and debt to equity, calculated across the 2 peer companies.

Company	Market Cap (Rs Cr)	P/E	ROE	Debt to Equity
Time Technoplast	8,843	17.76	11.46%	0.18
Pyramid Technoplast	553	17.63	10.42%	0.67
Kanpur Plastipack	586	12.99	14.71%	0.42
Peer average (2 companies)	–	15.31	12.57%	0.55

Against this peer set, Time Technoplast’s 11.46% ROE is below the 12.57% peer average, and its P/E of 17.76x runs above the peer average of 15.31x. Time Technoplast’s 17.76x P/E is about half the 36.50x Industry P/E with an 11.46% ROE and a debt to equity of 0.18, though the stock is about 20 percent below its 52-week high.

What Makes Time Technoplast Worth Watching in Plastic Products

• Half the industry multiple: A 17.76x P/E against a 36.50x Industry P/E is a clear discount.
• Market leadership claim: The company reports over 55% of the domestic industrial packaging market, a position that supports pricing power.
• Low debt: A debt to equity ratio of 0.18 keeps the balance sheet conservative.

Time Technoplast Valuation: Is It Justified?

Time Technoplast’s 17.76x P/E is about half the 36.50x Industry P/E with an 11.46% ROE and a debt to equity of 0.18, though the stock is about 20 percent below its 52-week high. As with any single stock, investors should weigh this against their own valuation discipline and risk appetite rather than the sector label alone.

Also read – Is TCI Express the Best Stock in Its Sector? A Look at the Numbers

Download the Univest iOS App or Univest Android App to track Time Technoplast and other Plastic Products sector stocks.

How to Track Time Technoplast Before You Invest

Before deciding whether Time Technoplast deserves its label as the best stock in its sector for your own portfolio, compare it directly against Plastic Products sector peers using the steps below.

1. Open the Univest Screener and search for Time Technoplast to view live price, valuation ratios, and peer comparisons within the Plastic Products sector.
2. Compare its P/E, P/B, and ROE against other Plastic Products sector stocks before deciding if the current valuation fits your strategy.
3. Set a price alert around key support and resistance zones using the Univest app so you are notified of meaningful moves.
4. Open a broking account on Univest if you decide to add the stock, and size the position based on your own risk appetite and portfolio allocation.

Conclusion

Time Technoplast earns a place in the best stock in its sector conversation on the strength of a 11.46% ROE and a P/E of 17.76x against a 36.50x Industry P/E, with named peer comparisons in this article backing up that picture. As with any individual stock decision, this analysis is educational and investors should do their own research or consult a SEBI-registered advisor before investing.

Is Time Technoplast the best stock in its sector?

Ans. Time Technoplast has a 11.46% ROE and trades at 17.76x P/E against a 36.50x Industry P/E, and compares below the peer average ROE of 12.57% in this article’s named comparison, so the answer depends on what an investor is prioritising.

What is the current share price of Time Technoplast?

Ans. Time Technoplast was trading at Rs 181.04 on the NSE as of 09 October 2026, within its 52-week range of Rs 154.00 to Rs 227.50.

What sector does Time Technoplast belong to?

Ans. Time Technoplast is classified under the Plastic Products sector on Univest.

How does Time Technoplast compare to its sector peers on P/E?

Ans. Time Technoplast’s P/E of 17.76x is above the 15.31x average of the 2 named peers compared in this article.

What is Time Technoplast’s return on equity?

Ans. Time Technoplast reported a return on equity of 11.46%, which is below the 12.57% average of its named peers in this comparison.

Should I invest in Time Technoplast based on its sector position?

Ans. Time Technoplast’s sector position and metrics make it worth researching further, but any investment decision should factor in your own risk appetite, its valuation relative to peers, and independent research or advice from a SEBI-registered advisor.

{“@context”: “https://schema.org”, “@type”: “FAQPage”, “mainEntity”: [{“@type”: “Question”, “name”: “Is Time Technoplast the best stock in its sector?”, “acceptedAnswer”: {“@type”: “Answer”, “text”: “Time Technoplast has a 11.46% ROE and trades at 17.76x P/E against a 36.50x Industry P/E, and compares below the peer average ROE of 12.57% in this article’s named comparison, so the answer depends on what an investor is prioritising.”}}, {“@type”: “Question”, “name”: “What is the current share price of Time Technoplast?”, “acceptedAnswer”: {“@type”: “Answer”, “text”: “Time Technoplast was trading at Rs 181.04 on the NSE as of 09 October 2026, within its 52-week range of Rs 154.00 to Rs 227.50.”}}, {“@type”: “Question”, “name”: “What sector does Time Technoplast belong to?”, “acceptedAnswer”: {“@type”: “Answer”, “text”: “Time Technoplast is classified under the Plastic Products sector on Univest.”}}, {“@type”: “Question”, “name”: “How does Time Technoplast compare to its sector peers on P/E?”, “acceptedAnswer”: {“@type”: “Answer”, “text”: “Time Technoplast’s P/E of 17.76x is above the 15.31x average of the 2 named peers compared in this article.”}}, {“@type”: “Question”, “name”: “What is Time Technoplast’s return on equity?”, “acceptedAnswer”: {“@type”: “Answer”, “text”: “Time Technoplast reported a return on equity of 11.46%, which is below the 12.57% average of its named peers in this comparison.”}}, {“@type”: “Question”, “name”: “Should I invest in Time Technoplast based on its sector position?”, “acceptedAnswer”: {“@type”: “Answer”, “text”: “Time Technoplast’s sector position and metrics make it worth researching further, but any investment decision should factor in your own risk appetite, its valuation relative to peers, and independent research or advice from a SEBI-registered advisor.”}}]}