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ICICI Direct Report
Time Technoplast Ltd. is a leading manufacturer of polymer-based packaging & composite products with 34 production facilities in 11 countries.
Established products (industrial packaging, PE pipe, battery others) contribute ~80% to the topline while value added product category (IBC, composite cylinders, mox films) contribute 20% of revenue.
Focus is to increase revenue sharing from value added product category in the next five years from 20% to 22%.
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