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 ₹ 5,664 Cr.
- Current Price ₹ 2,498
- High / Low ₹ 3,567 / 1,868
- Stock P/E 16.7
- Book Value ₹ 892
- Dividend Yield 0.80 %
- ROCE 16.3 %
- ROE 15.3 %
- Face Value ₹ 10.0
Pros
Cons
- Dividend payout has been low at 11.2% 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1,029 | 921 | 936 | 1,184 | 1,313 | 1,352 | 1,295 | 1,911 | 1,985 | 2,182 | 2,596 | 2,759 | 2,931 | |
| 894 | 770 | 790 | 1,010 | 1,116 | 1,148 | 1,092 | 1,519 | 1,581 | 1,783 | 2,180 | 2,283 | 2,397 | |
| Operating Profit | 135 | 151 | 146 | 175 | 198 | 204 | 203 | 392 | 403 | 399 | 416 | 476 | 534 |
| OPM % | 13% | 16% | 16% | 15% | 15% | 15% | 16% | 21% | 20% | 18% | 16% | 17% | 18% |
| 15 | 32 | 41 | 47 | 37 | 45 | 68 | 52 | 54 | 80 | 100 | 94 | 103 | |
| Interest | 9 | 10 | 19 | 23 | 32 | 37 | 29 | 21 | 28 | 40 | 55 | 58 | 58 |
| Depreciation | 32 | 26 | 24 | 29 | 38 | 52 | 68 | 63 | 64 | 68 | 108 | 123 | 124 |
| Profit before tax | 109 | 147 | 144 | 170 | 164 | 159 | 175 | 360 | 366 | 372 | 353 | 388 | 455 |
| Tax % | 31% | 32% | 30% | 29% | 27% | 21% | 23% | 24% | 24% | 25% | 26% | 24% | |
| 75 | 100 | 101 | 120 | 119 | 126 | 134 | 274 | 278 | 279 | 263 | 293 | 348 | |
| EPS in Rs | 23.85 | 38.17 | 39.14 | 48.84 | 47.73 | 50.18 | 53.19 | 109.31 | 116.32 | 115.06 | 112.99 | 125.84 | 149.78 |
| Dividend Payout % | 21% | 8% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 18% | 16% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 12% |
| 5 Years: | 16% |
| 3 Years: | 12% |
| TTM: | 12% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 11% |
| 5 Years: | 19% |
| 3 Years: | 3% |
| TTM: | 33% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 20% |
| 5 Years: | 23% |
| 3 Years: | 6% |
| 1 Year: | -1% |
| Return on Equity | |
|---|---|
| 10 Years: | 16% |
| 5 Years: | 17% |
| 3 Years: | 16% |
| Last Year: | 15% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| 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 | 589 | 555 | 663 | 684 | 803 | 920 | 1,048 | 1,312 | 1,393 | 1,652 | 1,750 | 2,000 |
| 222 | 334 | 345 | 514 | 642 | 658 | 467 | 506 | 656 | 675 | 846 | 819 | |
| 147 | 91 | 120 | 164 | 157 | 214 | 237 | 268 | 292 | 342 | 378 | 408 | |
| Total Liabilities | 991 | 1,006 | 1,154 | 1,387 | 1,626 | 1,816 | 1,776 | 2,111 | 2,364 | 2,692 | 2,996 | 3,249 |
| 158 | 163 | 203 | 245 | 319 | 480 | 424 | 420 | 438 | 738 | 855 | 858 | |
| CWIP | 4 | 12 | 17 | 53 | 54 | 20 | 12 | 17 | 40 | 14 | 33 | 14 |
| Investments | 196 | 268 | 279 | 237 | 263 | 271 | 334 | 420 | 331 | 410 | 435 | 468 |
| 633 | 563 | 655 | 851 | 989 | 1,044 | 1,005 | 1,253 | 1,555 | 1,531 | 1,673 | 1,909 | |
| Total Assets | 991 | 1,006 | 1,154 | 1,387 | 1,626 | 1,816 | 1,776 | 2,111 | 2,364 | 2,692 | 2,996 | 3,249 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 64 | 145 | 54 | -27 | 26 | 201 | 258 | 108 | 136 | 308 | 276 | 243 | |
| -91 | -42 | -49 | -41 | -117 | -165 | -30 | -132 | 22 | -338 | -185 | -116 | |
| 39 | -67 | -7 | 53 | 98 | -25 | -215 | 20 | -61 | -21 | -45 | -131 | |
| Net Cash Flow | 13 | 35 | -2 | -14 | 8 | 12 | 13 | -4 | 97 | -52 | 47 | -4 |
| Free Cash Flow | 18 | 100 | 3 | -133 | -81 | 29 | 245 | 56 | 43 | 6 | 75 | 140 |
| CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit | 81% | 119% | 64% | 6% | 40% | 116% | 141% | 48% | 57% | 100% | 86% | 71% |
Ratios
Consolidated / View Standalone
| 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 | 86 | 72 | 74 | 85 | 91 | 92 | 97 | 87 | 77 | 76 | 76 | 88 |
| Inventory Days | 148 | 187 | 298 | 259 | 291 | 357 | 316 | 249 | 371 | 271 | 228 | 251 |
| Days Payable | 45 | 14 | 39 | 36 | 27 | 45 | 77 | 64 | 68 | 35 | 35 | 33 |
| Cash Conversion Cycle | 190 | 244 | 334 | 308 | 354 | 404 | 337 | 272 | 380 | 312 | 269 | 306 |
| Working Capital Days | 70 | 37 | 60 | 54 | 55 | 70 | 98 | 88 | 84 | 93 | 75 | 98 |
| ROCE % | 15% | 18% | 17% | 17% | 15% | 13% | 12% | 22% | 20% | 19% | 16% | 16% |
Insights
In beta| Mar 2019 | Mar 2020 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Drum Closures Sales Volume Lakhs Sets |
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| Garments Sales Volume Lakhs Pcs |
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| Scaffoldings Sales Volume MT |
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| Yarn Sales Volume MT |
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| Aluminium Formwork (MachOne) Sales Volume Sq mtr |
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| Aluminium Extrusion Installed Capacity MT per month |
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| Aluminium Formwork Installed Capacity sqm per month |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Credit Rating
- CRISIL ESG Ratings assigned Technocraft an ESG score of 56 on October 16, 2026.
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
- RTA confirmed Regulation 74(5) compliance for quarter ended 30 September 2026; no shareholder requests.
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Announcement under Regulation 30 (LODR)-Updates on Acquisition
- Technocraft will not acquire Technosoft Integrated Solutions K.K.; discussions terminated, no material financial implications.
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Announcement under Regulation 30 (LODR)-Change in Management
- Board approved internal role changes for nine senior management personnel effective October 1, 2026.
- Shareholder Meeting / Postal Ballot-Scrutinizer''s Report
Annual reports
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Annual Report 2026
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Annual Report 2025
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Annual Report 2024
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Annual Report 2023
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Annual Report 2022
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Annual Report 2021
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Annual Report 2020
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Annual Report 2019
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Annual Report 2018
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Annual Report 2017
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Annual Report 2016
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Annual Report 2015
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Annual Report 2014
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Annual Report 2013
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Annual Report 2012
from bse
Concalls
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Aug 2026Transcript PPT REC
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Jun 2026Transcript PPT
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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 2021PPT
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Sep 2020PPT
Product Overview:
a) Scaffolding and Formwork:[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.
About Scaffolding:[2]
Scaffolding is a temporary structure
that supports people and materials in
the construction industries, real estate,
and other large structures.