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 ₹ 5,593 Cr.
- Current Price ₹ 2,460
- High / Low ₹ 3,392 / 1,868
- Stock P/E 22.8
- Book Value ₹ 719
- Dividend Yield 0.84 %
- ROCE 18.2 %
- ROE 16.0 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
Cons
- Dividend payout has been low at 12.4% 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 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 789 | 766 | 864 | 1,010 | 1,151 | 1,181 | 995 | 1,667 | 1,825 | 1,643 | 2,091 | 2,030 | |
| 667 | 630 | 729 | 861 | 983 | 1,017 | 834 | 1,358 | 1,553 | 1,399 | 1,757 | 1,722 | |
| Operating Profit | 122 | 135 | 135 | 150 | 168 | 164 | 162 | 308 | 272 | 243 | 334 | 308 |
| OPM % | 15% | 18% | 16% | 15% | 15% | 14% | 16% | 18% | 15% | 15% | 16% | 15% |
| 13 | 29 | 36 | 46 | 34 | 41 | 55 | 56 | 55 | 64 | 75 | 99 | |
| Interest | 5 | 6 | 15 | 17 | 29 | 32 | 24 | 17 | 23 | 30 | 33 | 30 |
| Depreciation | 27 | 21 | 19 | 23 | 31 | 45 | 59 | 55 | 54 | 54 | 54 | 52 |
| Profit before tax | 102 | 137 | 137 | 156 | 142 | 129 | 134 | 292 | 251 | 224 | 322 | 326 |
| Tax % | 31% | 33% | 29% | 30% | 28% | 21% | 26% | 24% | 24% | 25% | 24% | 25% |
| 70 | 92 | 97 | 109 | 102 | 103 | 99 | 222 | 190 | 169 | 244 | 245 | |
| EPS in Rs | 22.17 | 35.10 | 37.00 | 44.40 | 41.84 | 41.98 | 40.59 | 90.64 | 82.82 | 73.46 | 107.78 | 108.04 |
| Dividend Payout % | 23% | 9% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 19% | 19% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 10% |
| 5 Years: | 15% |
| 3 Years: | 4% |
| TTM: | -3% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 10% |
| 5 Years: | 22% |
| 3 Years: | 9% |
| TTM: | 1% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 26% |
| 5 Years: | 41% |
| 3 Years: | 17% |
| 1 Year: | -17% |
| Return on Equity | |
|---|---|
| 10 Years: | 16% |
| 5 Years: | 17% |
| 3 Years: | 16% |
| Last Year: | 16% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 32 | 26 | 26 | 24 | 24 | 24 | 24 | 24 | 23 | 23 | 23 | 23 |
| Reserves | 556 | 514 | 612 | 623 | 725 | 828 | 928 | 1,148 | 1,156 | 1,324 | 1,408 | 1,607 |
| 160 | 262 | 276 | 404 | 507 | 527 | 343 | 368 | 522 | 392 | 491 | 360 | |
| 105 | 87 | 105 | 162 | 128 | 185 | 185 | 232 | 236 | 275 | 295 | 281 | |
| Total Liabilities | 853 | 890 | 1,019 | 1,214 | 1,384 | 1,564 | 1,480 | 1,772 | 1,936 | 2,014 | 2,217 | 2,271 |
| 103 | 115 | 144 | 182 | 246 | 398 | 348 | 335 | 344 | 355 | 348 | 341 | |
| CWIP | 4 | 12 | 10 | 31 | 35 | 16 | 7 | 17 | 38 | 10 | 8 | 5 |
| Investments | 216 | 283 | 301 | 258 | 272 | 276 | 319 | 390 | 301 | 544 | 605 | 590 |
| 530 | 481 | 564 | 744 | 832 | 874 | 806 | 1,030 | 1,252 | 1,105 | 1,257 | 1,335 | |
| Total Assets | 853 | 890 | 1,019 | 1,214 | 1,384 | 1,564 | 1,480 | 1,772 | 1,936 | 2,014 | 2,217 | 2,271 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 47 | 137 | 29 | -7 | 24 | 186 | 230 | 99 | 75 | 285 | 346 | 162 | |
| -61 | -37 | -36 | -20 | -94 | -155 | -14 | -112 | 45 | -192 | -210 | 28 | |
| 26 | -71 | -1 | 17 | 77 | -18 | -210 | 15 | -51 | -157 | -91 | -201 | |
| Net Cash Flow | 12 | 29 | -8 | -9 | 6 | 12 | 7 | 2 | 70 | -64 | 45 | -10 |
| Free Cash Flow | 14 | 95 | -12 | -85 | -72 | 17 | 219 | 56 | -0 | 267 | 323 | 125 |
| CFO/OP | 74% | 126% | 49% | 17% | 45% | 130% | 157% | 55% | 54% | 142% | 123% | 78% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 96 | 85 | 103 | 116 | 116 | 133 | 142 | 108 | 121 | 111 | 91 | 112 |
| Inventory Days | 146 | 142 | 158 | 171 | 174 | 184 | 205 | 145 | 141 | 157 | 114 | 111 |
| Days Payable | 37 | 30 | 38 | 44 | 18 | 37 | 82 | 68 | 59 | 58 | 49 | 44 |
| Cash Conversion Cycle | 205 | 197 | 224 | 243 | 272 | 280 | 265 | 185 | 203 | 210 | 156 | 179 |
| Working Capital Days | 93 | 45 | 70 | 70 | 69 | 80 | 124 | 91 | 76 | 85 | 38 | 88 |
| ROCE % | 15% | 18% | 18% | 18% | 15% | 12% | 11% | 21% | 17% | 15% | 19% | 18% |
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 |
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| Global Drum Closure Market Share (Ex-China) % |
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| Textile Spindle Capacity Numbers |
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| Cotton Yarn Sales Volume MT |
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| Drum Closure Sales Volume Lakh Sets |
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| Scaffolding Sales Volume MT |
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| MachOne Sales Volume Sq mtr |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
3 Jun - Q4 FY26 earnings call transcript; management discussed demand, margins, capex, AI, and segment outlook.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
29 May - Audio recording shared for FY26 Q4 and year-ended March 31, 2026 results call.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
29 May - Technocraft Industries (India) Limited hereby submits the copy of newspaper publication
- Financial Results For The Financial Year Ended March 31, 2026 28 May
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Compliances-Reg.24(A)-Annual Secretarial Compliance
28 May - Technocraft Industries filed its FY2026 secretarial compliance report; no material non-compliances were reported.
Annual reports
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Financial Year 2025
from bse
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Financial Year 2024
from bse
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Financial Year 2023
from bse
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Financial Year 2022
from bse
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Financial Year 2021
from bse
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Financial Year 2020
from bse
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Financial Year 2019
from bse
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Financial Year 2018
from bse
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Financial Year 2017
from bse
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Financial Year 2016
from bse
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Financial Year 2015
from bse
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Financial Year 2014
from bse
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Financial Year 2013
from bse
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Financial Year 2012
from bse
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Financial Year 2011
from nse
Concalls
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May 2026TranscriptAI SummaryPPT
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Feb 2026Transcript PPT REC
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Nov 2025Transcript PPT
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Aug 2025Transcript PPT
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Jun 2025Transcript PPT
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Feb 2025Transcript PPT
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Nov 2024Transcript PPT REC
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Aug 2024Transcript PPT
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May 2024Transcript PPT
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Feb 2021TranscriptAI SummaryPPT
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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.