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 ₹ 5,102 Cr.
- Current Price ₹ 2,222
- High / Low ₹ 2,750 / 1,400
- Stock P/E 19.7
- Book Value ₹ 682
- Dividend Yield 0.00 %
- ROCE 19.6 %
- ROE 19.3 %
- Face Value ₹ 10.0
Pros
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of 10.9% over past five 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
Sector: Steel Industry: Steel - Medium / Small
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
650 | 805 | 1,040 | 1,029 | 921 | 936 | 1,184 | 1,313 | 1,352 | 1,295 | 1,911 | 1,985 | 2,070 | |
599 | 683 | 905 | 894 | 770 | 790 | 1,010 | 1,116 | 1,148 | 1,092 | 1,519 | 1,581 | 1,668 | |
Operating Profit | 51 | 121 | 135 | 135 | 151 | 146 | 175 | 198 | 204 | 203 | 392 | 403 | 402 |
OPM % | 8% | 15% | 13% | 13% | 16% | 16% | 15% | 15% | 15% | 16% | 21% | 20% | 19% |
20 | 23 | 27 | 15 | 32 | 41 | 47 | 37 | 45 | 68 | 52 | 54 | 62 | |
Interest | 11 | 8 | 5 | 9 | 10 | 19 | 23 | 32 | 37 | 29 | 21 | 28 | 38 |
Depreciation | 33 | 30 | 27 | 32 | 26 | 24 | 29 | 38 | 52 | 68 | 63 | 64 | 68 |
Profit before tax | 27 | 107 | 130 | 109 | 147 | 144 | 170 | 164 | 159 | 175 | 360 | 366 | 359 |
Tax % | 44% | 31% | 31% | 31% | 32% | 30% | 29% | 27% | 21% | 23% | 24% | 24% | |
15 | 74 | 90 | 75 | 100 | 101 | 120 | 119 | 126 | 134 | 274 | 278 | 272 | |
EPS in Rs | 4.84 | 23.55 | 28.43 | 23.85 | 38.17 | 39.14 | 48.84 | 47.73 | 50.18 | 53.19 | 109.31 | 116.32 | 112.60 |
Dividend Payout % | 21% | 13% | 18% | 21% | 8% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 9% |
5 Years: | 11% |
3 Years: | 14% |
TTM: | 1% |
Compounded Profit Growth | |
---|---|
10 Years: | 14% |
5 Years: | 17% |
3 Years: | 29% |
TTM: | -9% |
Stock Price CAGR | |
---|---|
10 Years: | 35% |
5 Years: | 34% |
3 Years: | 83% |
1 Year: | 51% |
Return on Equity | |
---|---|
10 Years: | 17% |
5 Years: | 17% |
3 Years: | 18% |
Last Year: | 19% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 32 | 32 | 32 | 32 | 26 | 26 | 24 | 24 | 24 | 24 | 24 | 23 | 23 |
Reserves | 406 | 468 | 537 | 589 | 555 | 663 | 684 | 803 | 920 | 1,048 | 1,312 | 1,393 | 1,543 |
104 | 129 | 159 | 222 | 334 | 345 | 514 | 642 | 658 | 467 | 506 | 656 | 650 | |
104 | 112 | 149 | 147 | 91 | 120 | 164 | 157 | 214 | 237 | 268 | 292 | 366 | |
Total Liabilities | 645 | 742 | 876 | 991 | 1,006 | 1,154 | 1,387 | 1,626 | 1,816 | 1,776 | 2,111 | 2,364 | 2,582 |
167 | 150 | 150 | 158 | 163 | 203 | 245 | 319 | 480 | 424 | 420 | 438 | 517 | |
CWIP | 2 | 0 | 0 | 4 | 12 | 17 | 53 | 54 | 20 | 12 | 17 | 40 | 148 |
Investments | 48 | 122 | 146 | 196 | 268 | 279 | 237 | 263 | 271 | 334 | 420 | 331 | 321 |
428 | 469 | 580 | 633 | 563 | 655 | 851 | 989 | 1,044 | 1,005 | 1,253 | 1,555 | 1,596 | |
Total Assets | 645 | 742 | 876 | 991 | 1,006 | 1,154 | 1,387 | 1,626 | 1,816 | 1,776 | 2,111 | 2,364 | 2,582 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
28 | 52 | 35 | 64 | 145 | 54 | -27 | 26 | 201 | 258 | 108 | 136 | |
12 | -76 | -50 | -91 | -42 | -49 | -41 | -117 | -165 | -30 | -132 | 22 | |
-79 | 12 | 19 | 39 | -67 | -7 | 53 | 98 | -25 | -215 | 20 | -61 | |
Net Cash Flow | -38 | -12 | 3 | 13 | 35 | -2 | -14 | 8 | 12 | 13 | -4 | 97 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 85 | 99 | 98 | 86 | 72 | 74 | 85 | 91 | 92 | 97 | 87 | 77 |
Inventory Days | 109 | 138 | 108 | 148 | 187 | 298 | 259 | 291 | 357 | 316 | 249 | 371 |
Days Payable | 36 | 42 | 42 | 45 | 14 | 39 | 36 | 27 | 45 | 77 | 64 | 68 |
Cash Conversion Cycle | 158 | 195 | 164 | 190 | 244 | 334 | 308 | 354 | 404 | 337 | 272 | 380 |
Working Capital Days | 159 | 143 | 131 | 143 | 155 | 181 | 197 | 214 | 204 | 200 | 176 | 200 |
ROCE % | 6% | 19% | 18% | 15% | 18% | 17% | 17% | 15% | 13% | 12% | 22% | 20% |
Documents
Announcements
- Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 24h
- Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 12 Apr
- Announcement Under Regulation 30 - GST Demand 11 Apr
- Compliance Certificate Under Regulation 7(3) Of SEBI (LODR) Regulations, 2015 For The Year Ended 31St March, 2024 8 Apr
- Compliance Certificate By Practicing Company Secretary Under Regulation 40(9) Of The SEBI Listing Obligations & Disclosures Requirement Regulations, 2015 The Year Ended March 31, 2024 8 Apr
Annual reports
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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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Financial Year 2011
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Financial Year 2010
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Product Overview
Scaffolding and Formwork (38%)
It comprises scaffolding, formwork and tower business with 75-80% of revenue accruing from the overseas markets. These products are supplied to industries such as oil & gas, power, refineries, petrochemical, infrastructure and commercial construction. [1] [2]