3 Industrial Plastic and Packaging Stocks With a Strong Future Roadmap: Time Technoplast, Nilkamal and Knack Packaging
- October 8, 2026
- Posted by: Kunal Singla
- Category: Best Stocks
Time Technoplast Rs 183.62, P/E 18.21. Nilkamal Rs 1,831.70, P/E 21.86. Knack Packaging Rs 211.86, P/E 26.04. Closing prices of 7 Oct 2026.
Quick Answer
Industrial plastic and packaging stocks with the clearest long-term roadmaps today include Time Technoplast in industrial plastic drums, composite cylinders and moulded products, Nilkamal in moulded plastic furniture and material handling products and Knack Packaging in packaging for cosmetics, pharma and consumer brands. FY26 revenue growth was 11.9% at Time Technoplast, 14.1% at Nilkamal and 12.9% at Knack Packaging. P/E stands at 18.21 for Time Technoplast (industry 36.21), 21.86 for Nilkamal (industry 36.21) and 26.04 for Knack Packaging (industry 22.71). Demand cycles, input costs and valuation decide how much of that growth the market keeps paying for, so each company’s risks need equal attention.
Industrial plastic and packaging stocks give investors exposure to makers of plastic drums, moulded furniture and branded packs that sell to factories, retailers and consumer companies. Results depend on polymer prices, industrial activity and brand customers, which is why operating margins matter as much as headline growth.
This list covers three moulded plastic product stocks: Time Technoplast for industrial plastic drums, composite cylinders and moulded products, Nilkamal for moulded plastic furniture and material handling products and Knack Packaging for packaging for cosmetics, pharma and consumer brands. Every figure comes from the latest reported financials and the 7 October 2026 market close. Companies without complete current figures were left out.
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What Are Industrial Plastic and Packaging Stocks?
Industrial plastic and packaging stocks are shares of companies that mould plastic into drums, crates, furniture and consumer packaging. Results depend on polymer costs, industrial demand, customer mix and operating margin, so a broad customer list and steady pass-through of costs separate the stronger names.
Industrial Plastic and Packaging Stocks at a Glance
The table compares size, valuation, return on equity and debt for the three industrial plastic and packaging stocks as of the 7 October 2026 close.
| Company | CMP (Rs) | Market Cap (Rs Cr) | P/E | Industry P/E | ROE | Debt to Equity |
|---|---|---|---|---|---|---|
| Time Technoplast | 183.62 | 9,071 | 18.21 | 36.21 | 11.46% | 0.18 |
| Nilkamal | 1,831.70 | 2,736 | 21.86 | 36.21 | 8.05% | 0.27 |
| Knack Packaging | 211.86 | 2,415 | 26.04 | 22.71 | 30.09% | 0.67 |
Among moulded plastic product stocks, Time Technoplast and Nilkamal trade below the industry P/E, while Knack Packaging trades at a premium to the industry multiple.
Why Do Industrial Plastic and Packaging Stocks Have a Strong Roadmap in India?
Industrial plastic and packaging stocks have a strong roadmap in India because manufacturing is expanding, organised retail is growing and brands want better packaging. Three drivers stand out.
- Manufacturing growth: Chemical, paint and food plants need drums and containers.
- Organised retail: Moulded furniture and storage gain share from unbranded goods.
- Brand packaging: Cosmetic and pharma brands outsource packaging.
Time Technoplast: Industrial Drums and Composite Cylinders Anchor the Roadmap
Time Technoplast’s roadmap rests on industrial plastic drums, composite cylinders and moulded products, with new plants and overseas units supporting volumes.
Revenue grew from Rs 3,652.80 crore in FY22 to Rs 6,114.40 crore in FY26, a 67.4% rise, and FY26 revenue was 11.9% higher than FY25. FY26 net profit rose 20.8% to Rs 476.61 crore. Over four years, net profit rose from Rs 192.20 crore in FY22 to Rs 476.61 crore. In Q1 FY27, revenue grew 25.1% to Rs 1,693.80 crore, and net profit rose 22.1% to Rs 117.86 crore. Operating margin was 14.76% in FY26 and 13.32% in Q1 FY27 against 14.48% a year earlier.
Debt to equity is 0.18 and return on equity is 11.46%. FY26 operating cash flow was Rs 233.24 crore against capital expenditure of Rs 370.41 crore. Time Technoplast paid a dividend of Rs 1.5 per share for FY26, a yield of 0.82%. At a P/E of 18.21 against an industry P/E of 36.21, the stock trades below its industry multiple.
What to watch: FY26 capex of Rs 370.41 Cr was above operating cash flow of Rs 233.24 Cr, and return on equity of 11.46% is modest.
Nilkamal: Moulded Furniture and Material Handling Drive the Pipeline
Nilkamal’s roadmap rests on moulded plastic furniture and material handling products, with a wide retail network and new product ranges supporting sales.
Revenue grew from Rs 2,741.95 crore in FY22 to Rs 3,792.48 crore in FY26, a 38.3% rise, and FY26 revenue was 14.1% higher than FY25. FY26 net profit rose 8.7% to Rs 116.07 crore. Over four years, net profit rose from Rs 83.42 crore in FY22 to Rs 116.07 crore. In Q1 FY27, revenue declined 7.1% to Rs 824.22 crore, and net profit rose 59.2% to Rs 24.40 crore. Operating margin was 9.02% in FY26 and 9.99% in Q1 FY27 against 7.28% a year earlier.
Debt to equity is 0.27 and return on equity is 8.05%. FY26 operating cash flow was Rs 305.56 crore against capital expenditure of Rs 152.76 crore. Nilkamal paid a dividend of Rs 20 per share for FY26, a yield of 1.09%. At a P/E of 21.86 against an industry P/E of 36.21, the stock trades below its industry multiple.
What to watch: Q1 FY27 revenue of Rs 824.22 Cr was 7.1% lower than a year earlier, and FY25 net profit of Rs 106.81 Cr was lower than the Rs 122.43 Cr of FY24.
Knack Packaging: Packaging for Consumer and Pharma Brands Builds the Next Leg
Knack Packaging’s roadmap rests on packaging for cosmetics, pharma and consumer brands, with new customers and added capacity supporting revenue.
FY26 revenue was Rs 843.77 crore, 12.9% higher than FY25. FY26 net profit rose 25.6% to Rs 92.72 crore. In Q1 FY27, revenue grew 41.5% to Rs 264.77 crore, and net profit rose 47.9% to Rs 30.53 crore.
Debt to equity is 0.67 and return on equity is 30.09%. At a P/E of 26.04 against an industry P/E of 22.71, the stock trades above its industry multiple.
What to watch: A market cap of Rs 2,415 Cr means the share price can swing sharply. The P/E of 26.04 sits above the industry P/E of 22.71, so earnings delivery matters for the valuation.
Best Industrial Plastic and Packaging Stocks in India: Time Technoplast vs Nilkamal vs Knack Packaging on Key Financials
Among the best industrial plastic and packaging stocks in India, Time Technoplast leads on FY26 operating margin and five-year revenue growth; Knack Packaging leads on Q1 FY27 revenue growth and return on equity. The table puts the numbers side by side.
| Metric | Time Technoplast | Nilkamal | Knack Packaging |
|---|---|---|---|
| FY26 revenue (Rs Cr) | 6,114.40 | 3,792.48 | 843.77 |
| FY26 revenue growth | 11.9% | 14.1% | 12.9% |
| FY26 net profit (Rs Cr) | 476.61 | 116.07 | 92.72 |
| FY26 net profit growth | 20.8% | 8.7% | 25.6% |
| Q1 FY27 revenue growth (YoY) | 25.1% | -7.1% | 41.5% |
| Q1 FY27 net profit growth (YoY) | 22.1% | 59.2% | 47.9% |
| Return on equity | 11.46% | 8.05% | 30.09% |
| P/E ratio | 18.21 | 21.86 | 26.04 |
| Debt to equity | 0.18 | 0.27 | 0.67 |
| Dividend yield | 0.82% | 1.09% | 0.00% |
Plastic and packaging earnings follow polymer costs and industrial demand, so full-year numbers and quarterly trends together give a better view.
How to Evaluate Plastic Storage and Packaging Stocks to Buy Before You Invest
A short checklist keeps the research consistent when you screen industrial plastic and packaging stocks and shortlist plastic storage and packaging stocks to buy.
- Compare each stock’s P/E with its industry P/E, which differs by stock.
- Track operating margin across several quarters, because input costs can move faster than prices.
- Check whether revenue growth is turning into profit growth, not only sales.
- Read operating cash flow against capital expenditure to see how growth is funded.
- Watch debt to equity and interest cover before sizing a position.
- Spread exposure across companies and business lines instead of one demand cycle.
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Risks to Consider Before Investing in Industrial Plastic and Packaging Stocks
- Polymer prices: Resin swings can squeeze margins.
- Capex: Time Technoplast’s FY26 capex of Rs 370.41 Cr was above its operating cash flow of Rs 233.24 Cr.
- Modest returns: Nilkamal’s ROE is 8.05% and Time Technoplast’s 11.46%.
- Debt: Knack Packaging has debt to equity of 0.67.
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Final Take: Which Stock Has the Strongest Roadmap?
These three plastic storage and packaging stocks cover industrial drums and cylinders, moulded furniture and material handling, and consumer and pharma packaging. Time Technoplast leads on FY26 operating margin and five-year revenue growth; Knack Packaging leads on Q1 FY27 revenue growth and return on equity.
Across moulded plastic product stocks, each roadmap still has to turn growth into steady profit, so independent research and position sizing matter. Investors should consult a SEBI-registered advisor before acting on any of the plastic storage and packaging stocks to buy discussed here.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
FAQs on Industrial Plastic and Packaging Stocks
Which are the best industrial plastic and packaging stocks in India with a strong roadmap?
Ans. Time Technoplast, Nilkamal and Knack Packaging stand out for their roadmaps in plastic drums, moulded furniture and packaging. FY26 revenue growth was 11.9% at Time Technoplast, 14.1% at Nilkamal and 12.9% at Knack Packaging, and return on equity ranges from 8.05% to 30.09%.
Is Time Technoplast a good stock to buy now?
Ans. Time Technoplast has a debt to equity ratio of 0.18, a return on equity of 11.46% and a P/E of 18.21 against an industry P/E of 36.21. Polymer prices, capex and modest returns move results. This article is not investment advice, so consult a SEBI-registered advisor before deciding.
What is the P/E ratio of Time Technoplast, Nilkamal and Knack Packaging?
Ans. The P/E ratio is 18.21 for Time Technoplast (industry 36.21), 21.86 for Nilkamal (industry 36.21) and 26.04 for Knack Packaging (industry 22.71). Only Knack Packaging trades at or above the industry multiple.
Which of these industrial plastic and packaging stocks has the highest return on equity?
Ans. Knack Packaging has the highest return on equity at 30.09%, followed by Time Technoplast at 11.46% and Nilkamal at 8.05%.
What are the risks of investing in industrial plastic and packaging stocks?
Ans. The main risks are polymer price swings, capex ahead of cash flow, modest returns on equity and debt at one firm. Time Technoplast’s FY26 capex of Rs 370.41 Cr was above its operating cash flow of Rs 233.24 Cr.
How did Time Technoplast, Nilkamal and Knack Packaging perform in Q1 FY27?
Ans. Time Technoplast reported revenue of Rs 1,693.80 crore, up 25.1% year on year, and net profit rose 22.1% to Rs 117.86 crore. Nilkamal reported revenue of Rs 824.22 crore, down 7.1% year on year, and net profit rose 59.2% to Rs 24.40 crore. Knack Packaging reported revenue of Rs 264.77 crore, up 41.5% year on year, and net profit rose 47.9% to Rs 30.53 crore.
Do industrial plastic and packaging stocks pay dividends?
Ans. Dividend payouts differ across the three companies. The dividend yield is 0.82% for Time Technoplast, 1.09% for Nilkamal and 0.00% for Knack Packaging, based on dividends declared for FY26.
How can I invest in industrial plastic and packaging stocks in India?
Ans. You can buy industrial plastic and packaging stocks through a demat and trading account on NSE or BSE after checking each company’s financials, margins and valuation. The Univest Screener lets you compare fundamentals before placing an order. Investments in securities are subject to market risk, so consider your risk profile first.
