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 ₹ 5,304 Cr.
- Current Price ₹ 2,340
- High / Low ₹ 3,392 / 2,050
- Stock P/E 20.2
- Book Value ₹ 831
- Dividend Yield 0.85 %
- ROCE 15.8 %
- ROE 14.5 %
- Face Value ₹ 10.0
Pros
Cons
- Dividend payout has been low at 5.90% 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 SmallCap BSE Allcap BSE Industrials
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1,040 | 1,029 | 921 | 936 | 1,184 | 1,313 | 1,352 | 1,295 | 1,911 | 1,985 | 2,182 | 2,596 | 2,731 | |
| 905 | 894 | 770 | 790 | 1,010 | 1,116 | 1,148 | 1,092 | 1,519 | 1,581 | 1,783 | 2,180 | 2,293 | |
| Operating Profit | 135 | 135 | 151 | 146 | 175 | 198 | 204 | 203 | 392 | 403 | 399 | 416 | 438 |
| OPM % | 13% | 13% | 16% | 16% | 15% | 15% | 15% | 16% | 21% | 20% | 18% | 16% | 16% |
| 27 | 15 | 32 | 41 | 47 | 37 | 45 | 68 | 52 | 54 | 80 | 100 | 95 | |
| Interest | 5 | 9 | 10 | 19 | 23 | 32 | 37 | 29 | 21 | 28 | 40 | 55 | 58 |
| Depreciation | 27 | 32 | 26 | 24 | 29 | 38 | 52 | 68 | 63 | 64 | 68 | 108 | 117 |
| Profit before tax | 130 | 109 | 147 | 144 | 170 | 164 | 159 | 175 | 360 | 366 | 372 | 353 | 358 |
| Tax % | 31% | 31% | 32% | 30% | 29% | 27% | 21% | 23% | 24% | 24% | 25% | 26% | |
| 90 | 75 | 100 | 101 | 120 | 119 | 126 | 134 | 274 | 278 | 279 | 263 | 269 | |
| EPS in Rs | 28.43 | 23.85 | 38.17 | 39.14 | 48.84 | 47.73 | 50.18 | 53.19 | 109.31 | 116.32 | 115.06 | 112.99 | 115.83 |
| Dividend Payout % | 18% | 21% | 8% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 18% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 10% |
| 5 Years: | 14% |
| 3 Years: | 11% |
| TTM: | 16% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 13% |
| 5 Years: | 15% |
| 3 Years: | -2% |
| TTM: | -2% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 25% |
| 5 Years: | 50% |
| 3 Years: | 38% |
| 1 Year: | -8% |
| Return on Equity | |
|---|---|
| 10 Years: | 17% |
| 5 Years: | 17% |
| 3 Years: | 17% |
| Last Year: | 14% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| 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 | 537 | 589 | 555 | 663 | 684 | 803 | 920 | 1,048 | 1,312 | 1,393 | 1,652 | 1,750 | 1,861 |
| 159 | 222 | 334 | 345 | 514 | 642 | 658 | 467 | 506 | 656 | 675 | 846 | 823 | |
| 149 | 147 | 91 | 120 | 164 | 157 | 214 | 237 | 268 | 292 | 342 | 378 | 382 | |
| Total Liabilities | 876 | 991 | 1,006 | 1,154 | 1,387 | 1,626 | 1,816 | 1,776 | 2,111 | 2,364 | 2,692 | 2,996 | 3,089 |
| 150 | 158 | 163 | 203 | 245 | 319 | 480 | 424 | 420 | 438 | 738 | 855 | 863 | |
| CWIP | 0 | 4 | 12 | 17 | 53 | 54 | 20 | 12 | 17 | 40 | 14 | 33 | 33 |
| Investments | 146 | 196 | 268 | 279 | 237 | 263 | 271 | 334 | 420 | 331 | 410 | 435 | 462 |
| 580 | 633 | 563 | 655 | 851 | 989 | 1,044 | 1,005 | 1,253 | 1,555 | 1,531 | 1,673 | 1,731 | |
| Total Assets | 876 | 991 | 1,006 | 1,154 | 1,387 | 1,626 | 1,816 | 1,776 | 2,111 | 2,364 | 2,692 | 2,996 | 3,089 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 35 | 64 | 145 | 54 | -27 | 26 | 201 | 258 | 108 | 136 | 308 | 276 | |
| -50 | -91 | -42 | -49 | -41 | -117 | -165 | -30 | -132 | 22 | -338 | -185 | |
| 19 | 39 | -67 | -7 | 53 | 98 | -25 | -215 | 20 | -61 | -21 | -45 | |
| Net Cash Flow | 3 | 13 | 35 | -2 | -14 | 8 | 12 | 13 | -4 | 97 | -52 | 47 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| 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 | 98 | 86 | 72 | 74 | 85 | 91 | 92 | 97 | 87 | 77 | 76 | 76 |
| Inventory Days | 108 | 148 | 187 | 298 | 259 | 291 | 357 | 316 | 249 | 371 | 271 | 228 |
| Days Payable | 42 | 45 | 14 | 39 | 36 | 27 | 45 | 77 | 64 | 68 | 35 | 35 |
| Cash Conversion Cycle | 164 | 190 | 244 | 334 | 308 | 354 | 404 | 337 | 272 | 380 | 312 | 269 |
| Working Capital Days | 78 | 70 | 37 | 60 | 54 | 55 | 70 | 98 | 88 | 84 | 93 | 75 |
| ROCE % | 18% | 15% | 18% | 17% | 17% | 15% | 13% | 12% | 22% | 20% | 19% | 16% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
17 Nov - Technocraft Industries (India) Limited has informed about Schedule of meet
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
17 Nov - Transcript of Nov 14 Q2 FY26 earnings call for quarter ended Sep 30, 2025 uploaded Nov 17, 2025.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
14 Nov - Audio link for Q2 FY26 conference call on quarter ended September 30, 2025.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
14 Nov - Technocraft Industries (India) Ltd hereby submits copy of newspaper publication
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Announcement under Regulation 30 (LODR)-Investor Presentation
13 Nov - Technocraft Industries (India) Limited hereby submits Investor Presentation
Annual reports
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Financial Year 2025
from bse
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Financial Year 2024
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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
from bse
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Financial Year 2011
from nse
Concalls
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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 2021TranscriptNotesPPT
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Sep 2020TranscriptNotesPPT
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.