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 ₹ 7,372 Cr.
- Current Price ₹ 3,250
- High / Low ₹ 3,567 / 1,868
- Stock P/E 21.7
- Book Value ₹ 892
- Dividend Yield 0.62 %
- 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 1000 BSE Industrials
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: | 25% |
| 5 Years: | 31% |
| 3 Years: | 16% |
| 1 Year: | 25% |
| 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/OP | 81% | 119% | 64% | 6% | 40% | 116% | 141% | 48% | 57% | 100% | 86% | 71% |
Ratios
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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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Letter To Shareholders
- 34th AGM scheduled for 28 September 2026; annual report and e-voting details shared.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
- Technocraft Industries (India) Limited hereby submits the newspaper publication regarding the 34th Annual General Meeting of the Company
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Business Responsibility and Sustainability Reporting (BRSR)
- Submitted Business Responsibility and Sustainability Report for FY 2025-26.
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Reg. 34 (1) Annual Report.
- Technocraft issued FY26 annual report; AGM on Sept 28, seeks approval for ₹600 crore RPT and ₹10 crore loan/guarantee.
- Shareholder Meeting - AGM 28/09/2026
Annual reports
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Annual Report 2026
from bse
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Annual Report 2025
from bse
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Annual Report 2024
from bse
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Annual Report 2023
from bse
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Annual Report 2022
from bse
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Annual Report 2021
from bse
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Annual Report 2020
from bse
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Annual Report 2019
from bse
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Annual Report 2018
from bse
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Annual Report 2017
from bse
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Annual Report 2016
from bse
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Annual Report 2015
from bse
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Annual Report 2014
from bse
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Annual Report 2013
from bse
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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 2021TranscriptAI SummaryPPT
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Sep 2020TranscriptAI SummaryPPT
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.