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 ₹ 4,522 Cr.
- Current Price ₹ 1,994
- High / Low ₹ 3,392 / 1,868
- Stock P/E 17.2
- Book Value ₹ 831
- Dividend Yield 1.00 %
- 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: | 41% |
| 3 Years: | 30% |
| 1 Year: | -23% |
| 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
21 Jan - Technocraft Industries (India) Ltd hereby Intimates for Conference Call to discuss financial performance of Third Quarter ended December 31, 2025
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Board Meeting Intimation for Approval Of Unaudited Financial Results For The Quarter/Period Ended 31St December, 2025
20 Jan - Board meeting on Feb 11, 2026 to approve unaudited results for quarter ended Dec 31, 2025.
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ESG Score By CFC Finlease Private Limited
16 Jan - CFC Finlease assigned ESG score 58; BSE submitted ESG disclosure on Jan 16, 2026.
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
7 Jan - RTA MUFG Intime confirms Regulation 74(5) compliance for quarter ended 31 Dec 2025.
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Closure of Trading Window
24 Dec 2025 - Trading window closed Jan 1, 2026 until 48 hours after Board approves unaudited results for quarter ended Dec 31, 2025.
Annual reports
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Financial Year 2025
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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
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Financial Year 2011
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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 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.