TIIL

Technocraft Industries (India) Limited

Steel scaffolding, drum closures and formwork systems manufacturer

Industrials›Capital Goods›Industrial Products›Iron & Steel Products

technocraftgroup.com(opens the company website in a new tab)
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Key metrics

Price as of 2026-10-16

Stock price
₹2630.40
Market cap
5,964 Cr
Stock P/E
17.6
P/B
2.95
Dividend yield
0.8%
ROE (FY26)
13.8%
ROCE (FY26)
15.5%
Operating margin (FY26)
12.5%
Debt / equity (FY26)
0.41
OCF / EBITDA (FY26)
52.0%
OCF / EBITDA (3Y)
64.6%

Full years shown; sign in free for the trailing twelve months. Learn about these metrics →

Price & valuation

Share price and valuation multiples (P/E, P/B and more) over time.

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Compare with peers

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What you need to know

TIIL (Technocraft Industries) makes steel scaffolding, aluminium formwork and steel and plastic drum closures for construction and industrial packaging customers, exporting a large part of its output, and also runs an engineering and design services business and a textile arm.

Company snapshot

14thBy market cap

Ranked among 64 companies in Iron & Steel Products.

Segment mix

Reportable segments as of 2024-12-31 (Consolidated). Revenue share = segment revenue ÷ total revenue.

Largest segment: 49.2% of revenue

SegmentRevenue shareRevenuePBTAssets
Drum Closure Division
23.8%
451 Cr155 Cr—
Engineering & Design
8.2%
155 Cr22 Cr—
Fabric Division
8.7%
165 Cr-12 Cr—
Others—0 Cr0.03 Cr—
Scaffoldings Division
49.2%
931 Cr131 Cr—
Yarn Division
13.1%
247 Cr-20 Cr—

Shares add up to 103% because segment revenues are before inter-segment eliminations.

Statement tables · Consolidated

Switches quarterly, P&L, balance sheet, and cash flow. Key metrics and ratios stay on consolidated when available.

Amounts in ₹ Cr · tap + to expand rows

Quarterly results

Quarterly · ₹ Cr · tap + rows to expand

MetricSept 2023Dec 2023Mar 2024Jun 2024Sept 2024Dec 2024Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026Jun 2026
Sales520 Cr513 Cr593 Cr620 Cr629 Cr644 Cr702 Cr633 Cr752 Cr662 Cr712 Cr805 Cr
Operating expenses (approx.)418 Cr431 Cr508 Cr504 Cr532 Cr552 Cr592 Cr521 Cr628 Cr570 Cr572 Cr627 Cr
EBITDA102 Cr82 Cr84 Cr116 Cr97 Cr92 Cr110 Cr112 Cr124 Cr93 Cr139 Cr178 Cr
OPM %19.6%16.0%14.2%18.7%15.4%14.3%15.7%17.7%16.5%14.0%19.6%22.1%
Other income17 Cr26 Cr33 Cr30 Cr35 Cr6 Cr29 Cr39 Cr21 Cr28 Cr14 Cr40 Cr
Interest10 Cr9 Cr9 Cr11 Cr14 Cr12 Cr18 Cr14 Cr14 Cr15 Cr15 Cr14 Cr
Depreciation17 Cr17 Cr18 Cr24 Cr25 Cr29 Cr30 Cr29 Cr30 Cr32 Cr33 Cr29 Cr
Profit before tax92 Cr81 Cr81 Cr111 Cr93 Cr58 Cr92 Cr108 Cr101 Cr74 Cr105 Cr175 Cr
Tax %24.1%24.2%28.8%24.4%23.4%28.3%27.4%23.5%21.8%27.0%26.2%21.3%
Net profit70 Cr61 Cr57 Cr84 Cr71 Cr41 Cr66 Cr82 Cr79 Cr54 Cr78 Cr138 Cr
EPS (₹)₹28.73₹25.39₹23.89₹35.04₹30.16₹18.03₹29.09₹35.02₹33.80₹23.46₹33.56₹58.97

Profit & loss (annual)

Annual · last column is TTM · ₹ Cr · tap + to expand

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales944 Cr1,188 Cr1,313 Cr1,359 Cr1,295 Cr1,911 Cr1,985 Cr2,182 Cr2,596 Cr2,759 CrSign in free for the trailing twelve months
Operating expenses (approx.)798 Cr1,018 Cr1,116 Cr1,149 Cr1,079 Cr1,519 Cr1,581 Cr1,783 Cr2,180 Cr2,291 CrSign in free for the trailing twelve months
EBITDA146 Cr170 Cr197 Cr210 Cr215 Cr392 Cr403 Cr398 Cr415 Cr468 CrSign in free for the trailing twelve months
OPM %15.5%14.3%15.0%15.5%16.6%20.5%20.3%18.3%16.0%17.0%Sign in free for the trailing twelve months
Other income41 Cr52 Cr37 Cr42 Cr58 Cr47 Cr50 Cr90 Cr101 Cr102 CrSign in free for the trailing twelve months
Interest19 Cr23 Cr32 Cr37 Cr29 Cr21 Cr28 Cr40 Cr55 Cr58 CrSign in free for the trailing twelve months
Depreciation24 Cr29 Cr38 Cr54 Cr68 Cr63 Cr64 Cr68 Cr108 Cr123 CrSign in free for the trailing twelve months
Profit before tax144 Cr170 Cr164 Cr161 Cr170 Cr360 Cr367 Cr371 Cr353 Cr388 CrSign in free for the trailing twelve months
Tax %29.7%29.4%27.5%21.7%21.3%23.7%24.1%24.8%25.6%24.5%Sign in free for the trailing twelve months
Net profit101 Cr120 Cr119 Cr126 Cr134 Cr274 Cr278 Cr279 Cr263 Cr293 CrSign in free for the trailing twelve months
EPS (₹)₹39.14₹45.69₹47.73₹50.19₹53.19₹109.31₹110.98₹115.06₹112.32₹125.84Sign in free for the trailing twelve months
Dividend payout %————0.0%0.2%0.4%0.0%0.0%15.5%Sign in free for the trailing twelve months
Sign in free for the trailing twelve months

The latest four quarters added up, next to each full year

Balance sheet

Annual · ₹ Cr · tap + rows to expand

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity capital26 Cr24 Cr24 Cr24 Cr24 Cr24 Cr23 Cr23 Cr23 Cr23 Cr
Reserves663 Cr684 Cr803 Cr920 Cr1,048 Cr1,312 Cr1,393 Cr1,652 Cr1,750 Cr2,000 Cr
Borrowings335 Cr503 Cr625 Cr635 Cr437 Cr506 Cr656 Cr675 Cr846 Cr819 Cr
Other liabilities126 Cr171 Cr167 Cr229 Cr255 Cr250 Cr266 Cr304 Cr337 Cr364 Cr
Total liabilities1,154 Cr1,387 Cr1,626 Cr1,816 Cr1,776 Cr2,111 Cr2,364 Cr2,692 Cr2,996 Cr3,249 Cr
Fixed assets (net)173 Cr213 Cr270 Cr431 Cr379 Cr376 Cr417 Cr668 Cr787 Cr787 Cr
CWIP17 Cr53 Cr54 Cr20 Cr12 Cr17 Cr40 Cr14 Cr33 Cr14 Cr
Investments279 Cr237 Cr304 Cr312 Cr373 Cr457 Cr344 Cr422 Cr445 Cr483 Cr
Loans & advances——3 Cr3 Cr3 Cr25 Cr14 Cr8 Cr6 Cr6 Cr
Inventories309 Cr391 Cr478 Cr528 Cr462 Cr550 Cr790 Cr714 Cr742 Cr786 Cr
Trade receivables190 Cr277 Cr326 Cr342 Cr346 Cr457 Cr420 Cr454 Cr538 Cr667 Cr
Cash & bank57 Cr42 Cr50 Cr62 Cr75 Cr72 Cr169 Cr117 Cr164 Cr160 Cr
Other assets129 Cr173 Cr141 Cr116 Cr125 Cr158 Cr171 Cr295 Cr282 Cr345 Cr
Total assets1,154 Cr1,387 Cr1,626 Cr1,816 Cr1,776 Cr2,111 Cr2,364 Cr2,692 Cr2,996 Cr3,249 Cr

Cash flows

Annual · ₹ Cr · tap + rows to expand · last column includes FCF

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from operating activity54 Cr-27 Cr26 Cr201 Cr258 Cr108 Cr136 Cr308 Cr276 Cr243 Cr
Cash from investing-49 Cr-41 Cr-117 Cr-165 Cr-30 Cr-132 Cr22 Cr-339 Cr-185 Cr-116 Cr
Cash from financing-7 Cr53 Cr98 Cr-25 Cr-215 Cr20 Cr-61 Cr-21 Cr-45 Cr-131 Cr
Net cash flow-2 Cr-14 Cr8 Cr12 Cr13 Cr-4 Cr97 Cr-52 Cr47 Cr-4 Cr
Free cash flow (OCF − Capex)-2 Cr-126 Cr-85 Cr28 Cr223 Cr43 Cr33 Cr0.54 Cr48 Cr134 Cr

Ratios

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROCE %15.9%15.9%13.5%12.5%13.1%20.5%18.8%17.2%15.3%15.5%
ROE %14.9%16.8%14.0%12.9%12.0%19.7%18.5%15.4%14.1%13.8%
Debtor days73859092978777767688
Inventory days242241258294347237300295228234
Days payable31342437536455383530
Cash conversion cycle283292324349392260322333269292
OCF / EBITDA %37.1%-15.6%13.4%95.8%120.0%27.4%33.7%77.2%66.5%52.0%
OCF / EBITDA % (3 years)——10.5%34.8%78.0%69.4%49.6%46.2%59.1%64.6%
Debt / equity0.490.710.760.670.410.380.460.400.480.41
Current ratio1.941.641.551.732.112.101.801.971.812.04
Net debt / EBITDA1.91—2.912.721.681.111.211.401.641.41