All Time Plastics Ltd(ALLTIME)

NSE: ALLTIMEBSE: 544479

₹ 180-4.36%refreshed 26 Oct, 03:30 pm ISTMarket cap: ₹ 1,179 crNext results: 4 Nov 2026Website: www.alltimeplastics.comUpdated: 27 Oct 2026

About

All Time Plastics Ltd is an Indian manufacturer of plastic houseware products, supplying large global retailers on an OEM basis while building its own All Time brand for the domestic market. In FY26 it generated revenue of ₹610.53 cr and processed 26,300 MT of polymer. It runs three manufacturing locations, including the newly established facility at Khatalwada.^[1][2][3]

Revenue and geographic mix

Export markets contributed ~84% of revenue in Q3 FY26, with domestic India at 16%; domestic share rose to 17% for full-year FY26 from 14% in FY25.^[4]
United States contributed ~19% of Q1 FY27 revenue, up from ~12% for full-year FY26.^[5]
All Time branded products accounted for ~15% of revenue in FY26; B2C contribution stood at 14%.^[2]

Manufacturing capacity and utilisation

The company runs three manufacturing locations as of FY26, including the newly established facility at Khatalwada.^[3]
Installed plastic processing capacity stood at 39,000 MT as of FY26 (up from 33,000 MT in FY25), with an additional 2,000 MT under installation taking total to 41,000 MT.^[2]
Full-year FY26 capacity utilisation was 67.4%, with 26,300 MT processed, broadly flat versus 26,230 MT in FY25.^[2]

Key operating numbers

Polymer processed in Q1 FY27 was 6,323 MT, up 25% from 5,056 MT in Q4 FY26; sales volume was 6,090 MT in Q1 FY27.^[5]
Gross margin was 39.5% in Q1 FY27 vs 41.9% in Q4 FY26, as polymer prices rose 40 - 50% due to the West Asia crisis.^[5]
Recycled polymer volume was 8,022 MT in FY26 vs 7,136 MT in FY25.^[2]
Net working capital days were 60 in Q1 FY27 vs 57 at close of FY26 and 74 in FY25.^[5]

Customers and distribution

IKEA is the largest customer, contributing 55% of revenue in Q4 FY26 vs 57% in Q4 FY25; the top customer contributed 63% in Q2 FY26.^[2]
The third-largest customer grew ~225% YoY in FY26, while the second-largest was flat or slightly down.^[2]
New export customers were onboarded in the Netherlands, Denmark, Australia and Japan during FY26; Australia and Japan were first entries into those markets.^[4]

Domestic market development

Domestic revenue grew more than 30% YoY in the nine months to December 2025; All Time branded share of revenue rose from 9% to 10% over the period.^[4]
In Q1 FY27, domestic revenue was ~16% of total (~₹26 cr) and was temporarily flat as the company enforced a full price reset.^[5]
Management targets domestic/B2C revenue share of 22 - 25% within 1 - 1.5 years from FY26; the largest customer plans 20 - 25 India stores.^[2]

Bamboo business expansion

A 75,000 sq ft facility was signed at Madanpur, Guwahati (effective May 2026) for bamboo boards; Phase 1 capacity is 3,000 CBM per annum with capex of ~₹15 cr.^[2]
Machinery from China was expected by mid-August 2026, with installation targeted by end-September 2026 and commercial contribution expected from Q4 FY27.^[5]
Full utilisation of Phase 1 is estimated at ~₹60 cr revenue; boards are made at Guwahati and finished at Khatalwada.^[2]
Group subsidiaries as of FY26 include All Time Bamboo Private Limited and All Time Plastics PTE Limited, Singapore.^[3]
The company was empanelled as a product market development partner for engineered bamboo with the North East Cane and Bamboo Development Council.^[4]

Plastic capacity additions

14 new injection moulding machines were ordered in Q1 FY27, adding ~1,500 MT capacity expected on stream in Q4 FY27.^[5]
A further ~4,000 MT of planned additions was deferred pending demand visibility, with ordering expected in Q3 FY27.^[5]
The final 6,000 MT tranche (which would take total capacity to 52,500 MT) remains deferred pending product mix and demand clarity.^[2]
Silicone products and blow moulding capabilities are being added to the product category set.^[6]

Recent developments

West Asia disruption in late Q4 FY26 caused port congestion and a 40 - 50% polymer price spike, pushing an estimated ₹3 - 5 cr of shipments from March into April 2026.^[2]
The JV agreement with Dragon Bridge was amended in Q3 FY26 to let the company directly service overseas customers where Dragon Bridge had no major marketing role.^[4]
Walker Chandiok was reappointed as statutory auditor for a second 5-year term to the 31st AGM, per the FY26 annual report.^[3]
Promoter Nilesh Shah holds 23.32% as of FY26 and is a partner in Bombay Traders, Pyramid Plastics and B.T. Plastics and Allied Industries.^[3]

Market Cap

₹1,179 Cr

High / Low

₹315 / 171

Stock P/E

35.6

Price / Book

2.0

Book Value

₹94

EPS

₹5.4

No. of Shares

6.55 Cr

ROCE

9.7%

ROE

5.8%

OPM

11.0%

Debt / Equity

0.13

Sales

₹611 Cr

Net Profit

₹35 Cr

Promoter holding

70.2%

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