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 ₹ 5,621 Cr.
- Current Price ₹ 2,479
- High / Low ₹ 3,392 / 1,868
- Stock P/E 19.7
- Book Value ₹ 892
- Dividend Yield 0.81 %
- ROCE 16.1 %
- ROE 15.0 %
- 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1,029 | 921 | 936 | 1,184 | 1,313 | 1,352 | 1,295 | 1,911 | 1,985 | 2,182 | 2,596 | 2,759 | |
| 894 | 770 | 790 | 1,010 | 1,116 | 1,148 | 1,092 | 1,519 | 1,581 | 1,783 | 2,180 | 2,291 | |
| Operating Profit | 135 | 151 | 146 | 175 | 198 | 204 | 203 | 392 | 403 | 399 | 416 | 468 |
| OPM % | 13% | 16% | 16% | 15% | 15% | 15% | 16% | 21% | 20% | 18% | 16% | 17% |
| 15 | 32 | 41 | 47 | 37 | 45 | 68 | 52 | 54 | 80 | 100 | 102 | |
| Interest | 9 | 10 | 19 | 23 | 32 | 37 | 29 | 21 | 28 | 40 | 55 | 58 |
| Depreciation | 32 | 26 | 24 | 29 | 38 | 52 | 68 | 63 | 64 | 68 | 108 | 123 |
| Profit before tax | 109 | 147 | 144 | 170 | 164 | 159 | 175 | 360 | 366 | 372 | 353 | 388 |
| 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 | |
| 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 |
| 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: | 6% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 11% |
| 5 Years: | 19% |
| 3 Years: | 2% |
| TTM: | 15% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 25% |
| 5 Years: | 33% |
| 3 Years: | 14% |
| 1 Year: | -22% |
| 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 | 133 |
| CFO/OP | 81% | 119% | 64% | 6% | 40% | 116% | 141% | 48% | 57% | 100% | 86% | 72% |
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 | 241 |
| Days Payable | 45 | 14 | 39 | 36 | 27 | 45 | 77 | 64 | 68 | 35 | 35 | 31 |
| Cash Conversion Cycle | 190 | 244 | 334 | 308 | 354 | 404 | 337 | 272 | 380 | 312 | 269 | 298 |
| Working Capital Days | 70 | 37 | 60 | 54 | 55 | 70 | 98 | 88 | 84 | 93 | 75 | 104 |
| 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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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
7 Jul - Submitted Regulation 74(5) compliance certificate for quarter ended June 30, 2026.
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Closure of Trading Window
23 Jun - Trading window closed from July 1, 2026 until 48 hours after Q1 FY27 results.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
10 Jun - Technocraft Industries to attend Systematix Promoters and Founders Forum 2026 on 16 June 2026 in Mumbai.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
3 Jun - Q4 FY26 earnings call transcript; management discussed demand, margins, capex, AI, and segment outlook.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
29 May - Audio recording shared for FY26 Q4 and year-ended March 31, 2026 results call.
Annual reports
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Financial Year 2025
from bse
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Financial Year 2024
from bse
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Financial Year 2023
from bse
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Financial Year 2022
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Financial Year 2021
from bse
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Financial Year 2020
from bse
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Financial Year 2019
from bse
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Financial Year 2018
from bse
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Financial Year 2017
from bse
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Financial Year 2016
from bse
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Financial Year 2015
from bse
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Financial Year 2014
from bse
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Financial Year 2013
from bse
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Financial Year 2012
from bse
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Financial Year 2011
from nse
Concalls
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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
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.