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 ₹ 4,540 Cr.
- Current Price ₹ 1,977
- High / Low ₹ 2,750 / 1,166
- Stock P/E 25.8
- Book Value ₹ 553
- Dividend Yield 0.00 %
- ROCE 16.6 %
- ROE 16.1 %
- Face Value ₹ 10.0
Pros
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
* 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
Sector: Steel Industry: Steel - Medium / Small
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
552 | 648 | 838 | 789 | 766 | 864 | 1,010 | 1,151 | 1,181 | 995 | 1,667 | 1,825 | 1,627 | |
503 | 541 | 719 | 667 | 630 | 729 | 861 | 983 | 1,017 | 834 | 1,358 | 1,553 | 1,364 | |
Operating Profit | 49 | 106 | 120 | 122 | 135 | 135 | 150 | 168 | 164 | 162 | 308 | 272 | 263 |
OPM % | 9% | 16% | 14% | 15% | 18% | 16% | 15% | 15% | 14% | 16% | 18% | 15% | 16% |
18 | 22 | 28 | 13 | 29 | 36 | 46 | 34 | 41 | 55 | 56 | 55 | 52 | |
Interest | 7 | 6 | 4 | 5 | 6 | 15 | 17 | 29 | 32 | 24 | 17 | 23 | 30 |
Depreciation | 30 | 26 | 23 | 27 | 21 | 19 | 23 | 31 | 45 | 59 | 55 | 54 | 54 |
Profit before tax | 29 | 96 | 121 | 102 | 137 | 137 | 156 | 142 | 129 | 134 | 292 | 251 | 231 |
Tax % | 38% | 32% | 32% | 31% | 33% | 29% | 30% | 28% | 21% | 26% | 24% | 24% | |
18 | 65 | 82 | 70 | 92 | 97 | 109 | 102 | 103 | 99 | 222 | 190 | 175 | |
EPS in Rs | 5.80 | 20.53 | 26.06 | 22.17 | 35.10 | 37.00 | 44.40 | 41.84 | 41.98 | 40.59 | 90.64 | 82.82 | 76.36 |
Dividend Payout % | 17% | 15% | 19% | 23% | 9% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 11% |
5 Years: | 13% |
3 Years: | 16% |
TTM: | -13% |
Compounded Profit Growth | |
---|---|
10 Years: | 12% |
5 Years: | 12% |
3 Years: | 23% |
TTM: | -11% |
Stock Price CAGR | |
---|---|
10 Years: | 36% |
5 Years: | 29% |
3 Years: | 73% |
1 Year: | 67% |
Return on Equity | |
---|---|
10 Years: | 15% |
5 Years: | 15% |
3 Years: | 16% |
Last Year: | 16% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 32 | 32 | 32 | 32 | 26 | 26 | 24 | 24 | 24 | 24 | 24 | 23 | 23 |
Reserves | 393 | 446 | 507 | 556 | 514 | 612 | 623 | 725 | 828 | 928 | 1,148 | 1,156 | 1,248 |
84 | 91 | 112 | 160 | 262 | 276 | 404 | 507 | 527 | 343 | 368 | 522 | 436 | |
62 | 66 | 91 | 105 | 87 | 105 | 162 | 128 | 185 | 185 | 232 | 236 | 261 | |
Total Liabilities | 570 | 634 | 742 | 853 | 890 | 1,019 | 1,214 | 1,384 | 1,564 | 1,480 | 1,772 | 1,936 | 1,968 |
131 | 112 | 104 | 103 | 115 | 144 | 182 | 246 | 398 | 348 | 335 | 344 | 334 | |
CWIP | 2 | 0 | 0 | 4 | 12 | 10 | 31 | 35 | 16 | 7 | 17 | 38 | 47 |
Investments | 58 | 134 | 158 | 216 | 283 | 301 | 258 | 272 | 276 | 319 | 390 | 301 | 335 |
380 | 388 | 480 | 530 | 481 | 564 | 744 | 832 | 874 | 806 | 1,030 | 1,252 | 1,253 | |
Total Assets | 570 | 634 | 742 | 853 | 890 | 1,019 | 1,214 | 1,384 | 1,564 | 1,480 | 1,772 | 1,936 | 1,968 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
90 | 0 | 54 | 47 | 137 | 29 | -7 | 24 | 186 | 230 | 99 | 75 | |
-51 | -1 | -39 | -61 | -37 | -36 | -20 | -94 | -155 | -14 | -112 | 45 | |
-81 | -6 | -13 | 26 | -71 | -1 | 17 | 77 | -18 | -210 | 15 | -51 | |
Net Cash Flow | -42 | -7 | 2 | 12 | 29 | -8 | -9 | 6 | 12 | 7 | 2 | 70 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 90 | 99 | 96 | 96 | 85 | 103 | 116 | 116 | 133 | 142 | 108 | 121 |
Inventory Days | 100 | 136 | 89 | 146 | 142 | 158 | 171 | 174 | 184 | 205 | 145 | 141 |
Days Payable | 30 | 28 | 26 | 37 | 30 | 38 | 44 | 18 | 37 | 82 | 68 | 59 |
Cash Conversion Cycle | 160 | 206 | 159 | 205 | 197 | 224 | 243 | 272 | 280 | 265 | 185 | 203 |
Working Capital Days | 191 | 166 | 145 | 159 | 154 | 173 | 199 | 208 | 194 | 209 | 161 | 174 |
ROCE % | 6% | 18% | 19% | 15% | 18% | 18% | 18% | 15% | 12% | 11% | 21% | 17% |
Documents
Announcements
- Announcement Under Regulation 30(LODR) Regulations- Commencement Of Commercial Production Of Wholly Owned Subsidiary 8m
- Closure of Trading Window 24h
- Announcement Under Regulation 30 SEBI (LODR) - Commencement Of Commercial Production Of Wholly Owned Subsidiary. 2d
- Announcement Under Regulation 30 - Commencement Of Commercial Production Of Wholly Owned Subsidiary Of The Company. 22 Mar
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
14 Feb - Technocraft Industries hereby submits copy of Newspaper Publication of Financial Results for the Quarter/Period end December 31, 2023
Annual reports
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2011
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Financial Year 2010
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Product Overview
Scaffolding and Formwork (38%)
It comprises scaffolding, formwork and tower business with 75-80% of revenue accruing from the overseas markets. These products are supplied to industries such as oil & gas, power, refineries, petrochemical, infrastructure and commercial construction. [1] [2]