Time Technoplast Secures Rs 38.14 Crore HPCL Order

21 Jul 2026 CW Team

Time Technoplast rose one point nine zero per cent to Rs 203.19 after securing an order valued at Rs 38.14 crore from Hindustan Petroleum Corporation. The contract covers the supply of 0.14 million (mn) 10-kg Type IV composite LPG cylinders and is to be executed within six months through the Government e-Marketplace. The order value converts to 381.4 million (mn) and the cylinder quantity equals 0.14 million (mn) units.

The company said the contract reflects accelerating adoption of composite cylinders by India's oil marketing companies, driven by enhanced safety, lightweight construction and improved consumer convenience. It said the award reinforces the group's leadership in the composite cylinder segment and supports the transition towards modern, customer-centric LPG distribution. The procurement route and delivery timeline underline institutional demand for alternative packaging technologies.

HPCL has recently rolled out a distribution model for composite cylinders via leading quick-commerce platforms to enable on-demand consumer deliveries, and Time Technoplast's participation aligns with that initiative. The firm described the order as consistent with its focus on delivering innovative and sustainable packaging solutions for the energy sector. Time Technoplast operates globally across multiple countries with a portfolio spanning industrial packaging solutions, lifestyle products, automotive components, infrastructure and material handling solutions and composite cylinders.

In financials, the company reported a 20.4 per cent rise in consolidated net profit to Rs 131.84 crore in Q4 FY26 on a 14.2 per cent increase in revenue from operations to Rs 1,676.67 crore versus Q4 FY25. The profit converts to 1,318.4 million (mn), equivalent to 1.3184 billion (bn), and the revenue converts to 16,766.7 million (mn), equivalent to 16.7667 billion (bn). The order will be executed within the stated tenure and will contribute to the company's segmental momentum.

Real Estate

21 Jul 2026

ANDPL launches AI assistant for Dharavi residents

Adani Navbharat Developers (ANDPL), the special purpose vehicle implementing the Dharavi Redevelopment Project (DRP), has launched Dharavi Didi, a 24x7 AI-powered digital assistant to provide residents with official information on the redevelopment programme.Accessible through video calls, voice calls and WhatsApp, the platform enables residents to obtain information on surveys, eligibility, documentation, rehabilitation and project updates in Hindi, Marathi and English. Support for Tamil, Telugu and Gujarati is planned in the coming months.According to ANDPL, the initiative is intended to imp..

Indobell Secures Domestic Order For Nodulated Wool

Indobell Insulations Limited (Indobell) has disclosed that it has secured a domestic order from Sundaram Brake Linings Limited (Sundaram Brake Linings) for the supply of nodulated wool valued at Rs 48.74 mn. The company submitted the disclosure to BSE Limited on 17 July 2026 under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015 and related circulars. The filing identified the purchaser as a domestic entity and described the contract as a standard supply agreement to be fulfilled over a specified timeline. The order carries payment terms of 45 days by..

PTC Secures BrahMos Order For Strategic Missile Subsystem

PTC Industries Limited has received a landmark order from BrahMos Aerospace Private Limited for development, integration and supply of a strategic missile sub-system for the BrahMos programme. The order marks the company’s first major assignment in systems-level integration and represents a strategic move further downstream in the aerospace and defence value chain. The award reflects BrahMos Aerospace's confidence in PTC’s engineering depth, manufacturing discipline, quality systems and execution capability. The development opens a new chapter as PTC transitions from supplying critical mat..