By: ICN Bureau
Last updated : November 01, 2025 10:49 am
The company's cumulative order book for HDPE Pipe segment stands at around Rs. 280 crore
Time Technoplast Ltd has announced the receipt of a order from EPC (Engineering, Procurement, and Construction) Contractor for approximately Rs. 190 crore for the supply of HDPE pipe products in power duct application projects carried in Amaravathi Development Corporation Limited, and Andhra Pradesh Capital Region Development Authority.
Considering this order, the company's cumulative order book for HDPE Pipe segment stands at around Rs. 280 crore. The company's installed manufacturing capacity enables it to produce HDPE pipe products of Rs. 450 crore (approximately) annually.
In FY 2024-25, company's revenue from the HDPE pipe products segment stood at around Rs. 283 crore, reflecting robust demand and execution capabilities. With substantial investments undertaken by the Government authorities in India's infrastructure and smart city development projects, the company anticipates the Indian pipe market to grow at a Compounded Annual Growth Rate (CAGR) exceeding 20%, offering major opportunities for sustained growth and market expansion.