Technocraft Industries (India) Ltd
Technocraft Industries was incorporated in 1992. It has presence in five main business industries viz., Drum Closures, Scaffolding systems, Cotton Yarn, Fabric, Garments and Engineering Services.
Company has manufacturing facilities in India and China.[1]
- Market Cap ₹ 5,655 Cr.
- Current Price ₹ 2,502
- High / Low ₹ 3,392 / 1,868
- Stock P/E 24.0
- Book Value ₹ 662
- Dividend Yield 0.80 %
- ROCE 19.2 %
- ROE 17.4 %
- Face Value ₹ 10.0
Pros
- Company's working capital requirements have reduced from 66.3 days to 38.0 days
Cons
- Dividend payout has been low at 6.18% of profits over last 3 years
* 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
Industrials Capital Goods Industrial Products Iron & Steel Products
Part of BSE Industrials BSE 1000
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 838 | 789 | 766 | 864 | 1,010 | 1,151 | 1,181 | 995 | 1,667 | 1,825 | 1,643 | 2,091 | 2,104 | |
| 719 | 667 | 630 | 729 | 861 | 983 | 1,017 | 834 | 1,358 | 1,553 | 1,399 | 1,757 | 1,802 | |
| Operating Profit | 120 | 122 | 135 | 135 | 150 | 168 | 164 | 162 | 308 | 272 | 243 | 334 | 301 |
| OPM % | 14% | 15% | 18% | 16% | 15% | 15% | 14% | 16% | 18% | 15% | 15% | 16% | 14% |
| 28 | 13 | 29 | 36 | 46 | 34 | 41 | 55 | 56 | 55 | 64 | 75 | 98 | |
| Interest | 4 | 5 | 6 | 15 | 17 | 29 | 32 | 24 | 17 | 23 | 30 | 33 | 34 |
| Depreciation | 23 | 27 | 21 | 19 | 23 | 31 | 45 | 59 | 55 | 54 | 54 | 54 | 52 |
| Profit before tax | 121 | 102 | 137 | 137 | 156 | 142 | 129 | 134 | 292 | 251 | 224 | 322 | 313 |
| Tax % | 32% | 31% | 33% | 29% | 30% | 28% | 21% | 26% | 24% | 24% | 25% | 24% | |
| 82 | 70 | 92 | 97 | 109 | 102 | 103 | 99 | 222 | 190 | 169 | 244 | 235 | |
| EPS in Rs | 26.06 | 22.17 | 35.10 | 37.00 | 44.40 | 41.84 | 41.98 | 40.59 | 90.64 | 82.82 | 73.46 | 107.78 | 103.73 |
| Dividend Payout % | 19% | 23% | 9% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 19% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 10% |
| 5 Years: | 12% |
| 3 Years: | 8% |
| TTM: | 6% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 13% |
| 5 Years: | 19% |
| 3 Years: | 4% |
| TTM: | 5% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 28% |
| 5 Years: | 44% |
| 3 Years: | 19% |
| 1 Year: | -5% |
| Return on Equity | |
|---|---|
| 10 Years: | 16% |
| 5 Years: | 16% |
| 3 Years: | 16% |
| Last Year: | 17% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 32 | 32 | 26 | 26 | 24 | 24 | 24 | 24 | 24 | 23 | 23 | 23 | 23 |
| Reserves | 507 | 556 | 514 | 612 | 623 | 725 | 828 | 928 | 1,148 | 1,156 | 1,324 | 1,408 | 1,478 |
| 112 | 160 | 262 | 276 | 404 | 507 | 527 | 343 | 368 | 522 | 392 | 491 | 371 | |
| 91 | 105 | 87 | 105 | 162 | 128 | 185 | 185 | 232 | 236 | 275 | 295 | 279 | |
| Total Liabilities | 742 | 853 | 890 | 1,019 | 1,214 | 1,384 | 1,564 | 1,480 | 1,772 | 1,936 | 2,014 | 2,217 | 2,151 |
| 104 | 103 | 115 | 144 | 182 | 246 | 398 | 348 | 335 | 344 | 355 | 348 | 334 | |
| CWIP | 0 | 4 | 12 | 10 | 31 | 35 | 16 | 7 | 17 | 38 | 10 | 8 | 18 |
| Investments | 158 | 216 | 283 | 301 | 258 | 272 | 276 | 319 | 390 | 301 | 544 | 605 | 592 |
| 480 | 530 | 481 | 564 | 744 | 832 | 874 | 806 | 1,030 | 1,252 | 1,105 | 1,257 | 1,207 | |
| Total Assets | 742 | 853 | 890 | 1,019 | 1,214 | 1,384 | 1,564 | 1,480 | 1,772 | 1,936 | 2,014 | 2,217 | 2,151 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 54 | 47 | 137 | 29 | -7 | 24 | 186 | 230 | 99 | 75 | 285 | 346 | |
| -39 | -61 | -37 | -36 | -20 | -94 | -155 | -14 | -112 | 45 | -192 | -210 | |
| -13 | 26 | -71 | -1 | 17 | 77 | -18 | -210 | 15 | -51 | -157 | -91 | |
| Net Cash Flow | 2 | 12 | 29 | -8 | -9 | 6 | 12 | 7 | 2 | 70 | -64 | 45 |
| Free Cash Flow | 41 | 14 | 95 | -12 | -85 | -72 | 17 | 219 | 56 | -0 | 267 | 323 |
| CFO/OP | 83% | 74% | 126% | 49% | 17% | 45% | 130% | 157% | 55% | 54% | 142% | 123% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 96 | 96 | 85 | 103 | 116 | 116 | 133 | 142 | 108 | 121 | 111 | 91 |
| Inventory Days | 89 | 146 | 142 | 158 | 171 | 174 | 184 | 205 | 145 | 141 | 157 | 114 |
| Days Payable | 26 | 37 | 30 | 38 | 44 | 18 | 37 | 82 | 68 | 59 | 58 | 49 |
| Cash Conversion Cycle | 159 | 205 | 197 | 224 | 243 | 272 | 280 | 265 | 185 | 203 | 210 | 156 |
| Working Capital Days | 99 | 93 | 45 | 70 | 70 | 69 | 80 | 124 | 91 | 76 | 85 | 38 |
| ROCE % | 19% | 15% | 18% | 18% | 18% | 15% | 12% | 11% | 21% | 17% | 15% | 19% |
Insights
In beta| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Scaffolding Installed Capacity (India) MT |
|
|||||||||
| Global Drum Closure Market Share (Ex-China) % |
||||||||||
| Textile Spindle Capacity Numbers |
||||||||||
| Cotton Yarn Sales Volume MT |
||||||||||
| Drum Closure Sales Volume Lakh Sets |
||||||||||
| Scaffolding Sales Volume MT |
||||||||||
| MachOne Sales Volume Sq mtr |
||||||||||
Extracted by Screener AI
Documents
Announcements
-
Board Meeting Intimation for Approval Of Audited Financial Results For The Quarter/Year Ended March 31, 2026
21 Apr - Board to meet on May 28, 2026 to approve FY26 standalone and consolidated audited results.
-
Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
20 Apr - Technocraft confirms it is not a large corporate; outstanding borrowing nil as of March 31, 2026.
-
Announcement under Regulation 30 (LODR)-Credit Rating
10 Apr - CRISIL reaffirmed Technocraft’s bank facility ratings: AA-/Stable and A1+ on Rs. 976 crore loans.
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
6 Apr - Technocraft Industries (India) Limited hereby submits certificate under Reg 74(5) of SEBI (DP) Regulations
-
Closure of Trading Window
20 Mar - Trading window closed April 1, 2026 until 48 hours after audited results for Quarter/Year ending March 31, 2026.
Annual reports
-
Financial Year 2025
from bse
-
Financial Year 2024
from bse
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from bse
-
Financial Year 2012
from bse
-
Financial Year 2011
from nse
Concalls
-
Feb 2026Transcript PPT REC
-
Nov 2025Transcript PPT
-
Aug 2025Transcript PPT
-
Jun 2025Transcript PPT
-
Feb 2025Transcript PPT
-
Nov 2024Transcript PPT REC
-
Aug 2024Transcript PPT
-
May 2024Transcript PPT
-
Feb 2021TranscriptAI SummaryPPT
-
Sep 2020TranscriptAI SummaryPPT
Product Overview
1) Scaffolding and Formwork (48% of Q3FY25)[1]
Co. manufactures scaffolding systems and modular formworks, integrating in-house steel tube production. Its Aurangabad facility has 1,500 MT/month extrusion and 60,000 sqm/month formwork capacity. It also manufactures specialized solutions like self-climbing screen systems, heavy-duty posts, and shoring systems.