Teamtech Formwork Solutions Ltd
Incorporated in November 2018,
Teamtech Formwork Solutions
Limited operates on a business
-to-business model, manufacturing,
refurbishing, and renting modular T
-formwork and customised formwork
systems for the construction industry.[1]
- Market Cap ₹ 218 Cr.
- Current Price ₹ 72.8
- High / Low ₹ 76.8 / 71.2
- Stock P/E 18.8
- Book Value ₹
- Dividend Yield 0.00 %
- ROCE 41.2 %
- ROE 42.3 %
- Face Value ₹ 5.00
Pros
- Company has a good return on equity (ROE) track record: 3 Years ROE 49.1%
Cons
- Company might be capitalizing the interest cost
- Company has high debtors of 204 days.
- Working capital days have increased from 45.0 days to 92.4 days
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| 20 | 30 | 33 | 53 | |
| 16 | 21 | 23 | 36 | |
| Operating Profit | 4 | 9 | 9 | 18 |
| OPM % | 21% | 30% | 28% | 33% |
| 0 | 0 | 0 | 1 | |
| Interest | 0 | 1 | 1 | 1 |
| Depreciation | 0 | 1 | 1 | 1 |
| Profit before tax | 3 | 8 | 8 | 16 |
| Tax % | 12% | 4% | 2% | 27% |
| 3 | 8 | 8 | 12 | |
| EPS in Rs | 11.52 | 30.04 | 30.62 | 5.26 |
| Dividend Payout % | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 38% |
| TTM: | 62% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 58% |
| TTM: | 48% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 49% |
| Last Year: | 42% |
Balance Sheet
Figures in Rs. Crores
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| Equity Capital | 3 | 3 | 3 | 11 |
| Reserves | 4 | 11 | 19 | 22 |
| 3 | 4 | 11 | 17 | |
| 3 | 8 | 7 | 17 | |
| Total Liabilities | 13 | 25 | 40 | 67 |
| 6 | 9 | 19 | 19 | |
| CWIP | 0 | 0 | 2 | 8 |
| Investments | 0 | 0 | 0 | 0 |
| 6 | 16 | 19 | 40 | |
| Total Assets | 13 | 25 | 40 | 67 |
Cash Flows
Figures in Rs. Crores
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| 0 | 4 | 6 | 3 | |
| -0 | -3 | -12 | -7 | |
| -0 | -0 | 7 | 5 | |
| Net Cash Flow | 0 | 0 | 0 | -0 |
| Free Cash Flow | 0 | 0 | -7 | -5 |
| CFO/OP | 25% | 57% | 77% | 31% |
Ratios
Figures in Rs. Crores
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| Debtor Days | 36 | 92 | 82 | 204 |
| Inventory Days | 69 | 119 | 184 | 63 |
| Days Payable | 34 | 88 | 101 | 147 |
| Cash Conversion Cycle | 71 | 123 | 165 | 121 |
| Working Capital Days | 12 | 50 | -7 | 92 |
| ROCE % | 64% | 34% | 41% |
Documents
Announcements
No data available.
Business Profile:[1]
Teamtech Formwork Solutions Limited
operates on a B2B model and is engaged
in the manufacturing, refurbishment, and
rental of modular T-formwork systems
used in the construction industry. The
company provides engineered formwork solutions for vertical concrete structures
such as foundations, walls, shafts, tanks,
bridges, circular walls, and infrastructure projects. Apart from manufacturing, the
company also offers refurbishment services
and a rental model, enabling customers
to reduce upfront capital expenditure.