Time Technoplast completes ₹24 crore Bhilad plant; production set for September 25
As filed · Time Technoplast Limited has informed the Exchange about Completion of Greenfield Manufacturing Plant at Bhilad, Gujarat (India) and Commencement of Production
What happened
FactTime Technoplast completed its automated greenfield manufacturing plant at Bhilad, Gujarat, for conical polymer pails and injection-moulded products. The company said production is scheduled to begin on September 25, 2026.
Why it matters
CapitSignal interpretationNew capacity spends capital now for volume later; the commissioning date is the commitment that can be checked against subsequent filings.
Scale
- 0.8% of FY26 revenue
₹24 Cr stated in the filing against ₹2,880.42 Cr revenue (FY26, standalone)
Source: financial_facts · exchange_table
What management said before
Prior statements by this company that CapitSignal has recorded changing.
Capex
WithdrawnDuring the year, we invested ₹195 Cr (~US $ 23 Mn) in capital expenditure.
This includes Brownfield expansion and adding New Units, which will better align with evolving market demands while optimizing operational costs.
Change
FactImplication
CapitSignal interpretationWatch next
Fact- Stated commissioning date
- Capital outlay and how it is funded
- Expected asset turns at full utilisation
- We are driving a bold green energy transition with a commitment to source 75% of our electricity from solar wi (management committed by H1 FY27)
- The project is progressing on schedule and is expected to be completed by FY 2026-27. (management committed by FY27)
Evidence
- Time Technoplast Limited has informed the Exchange about Completion of Greenfield Manufacturing Plant at Bhilad, Gujarat (India) and Commencement of Production(opens the original filing in a new tab)
- Earlier statement · FY25
- Latest statement · Q1 FY26
- Earlier statement · FY25
How CapitSignal classified this
- Reasoning:
- The additional dedicated, fully automated facility expands the company’s manufacturing capacity for packaging products. The stated ₹100 crore expected turnover is conditional on achieving the estimated 90% capacity utilization.
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%