Technocraft IND Ltd
NSE: TIIL · Iron & Steel Products · sector
Key numbers
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 118 companies in Iron & Steel Products (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹237 cr vs borrowings ₹819 cr (FY26): borrowings are higher by ₹582 cr.
- Operating profit covered interest 8.8x in the last 12 months.
- No promoter shares are pledged.
- Operating cash flow was below net profit in 3 of the last 5 years (FY26, FY23, FY22).
- Revenue was higher than a year earlier in 4 of the last 4 quarters.
- Other income was 30% of net profit in the last 12 months.
- Debtor days went from 76 (FY24) to 88 (FY26).
- Dividend paid in 1 of the last 5 financial years.
- Price ₹2,538.60 on 2026-10-26: -28.8% from the 52-week high, +35.9% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 629 | 644 | 702 | 633 | 752 | 662 | 712 | 805 |
| EBITDA | 97 | 92 | 110 | 112 | 124 | 93 | 139 | 178 |
| OPM % | 15.4% | 14.3% | 15.7% | 17.7% | 16.5% | 14.0% | 19.6% | 22.1% |
| Other income | 35 | 6 | 29 | 39 | 21 | 28 | 14 | 40 |
| Net profit | 69 | 41 | 66 | 79 | 77 | 53 | 76 | 134 |
| EPS (₹) | 30.16 | 18.03 | 29.09 | 35.02 | 33.80 | 23.46 | 33.56 | 58.97 |
| Revenue YoY | +19.6% | +2.8% | +1.3% | +27.2% | ||||
| Profit YoY | +10.8% | +31.0% | +15.8% | +68.4% |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 1,911 | 1,985 | 2,182 | 2,596 | 2,759 | 2,931 |
| EBITDA | 397 | 403 | 390 | 415 | 468 | 534 |
| Net profit | 267 | 267 | 264 | 256 | 285 | 340 |
| EPS (₹) | 109.31 | 110.98 | 115.06 | 112.32 | 125.84 | 149.79 |
| Revenue growth | +3.8% | +9.9% | +19.0% | +6.3% | +12.4% | |
| Profit growth | -0.1% | -1.1% | -3.0% | +11.4% | +33.2% | |
| Dividend / share (₹) | – | – | – | – | 20.00 |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | +11.6% | +16.3% | +12.4% |
| Net profit | +2.2% | +17.0% | +33.2% |
| EPS | +4.3% | +18.8% | – |
| Share price | – | -11.1% (2y) | +1.7% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 1,416 | 1,675 | 1,772 | 2,022 |
| Borrowings | – | 656 | 675 | 846 | 819 |
| Cash & equivalents | – | 224 | 217 | 214 | 237 |
| Total assets | – | 2,364 | 2,692 | 2,996 | 3,249 |
| Fixed assets | – | 417 | 668 | 787 | 787 |
| Capital work in progress | – | 40 | 14 | 33 | 14 |
| Investments | – | 288 | 353 | 393 | 426 |
| Receivables | – | 420 | 454 | 538 | 667 |
| Inventory | – | 790 | 714 | 742 | 786 |
| Payables | – | 145 | 92 | 113 | 102 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | 108 | 136 | 308 | 276 | 243 |
| Cash from investing | -132 | 22 | -339 | -185 | -116 |
| Cash from financing | 20 | -61 | -21 | -45 | -131 |
| Capex | 65 | 102 | 307 | 228 | 110 |
| Free cash flow | 43 | 33 | 1 | 48 | 134 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | 18.9% | 15.8% | 14.5% | 14.1% |
| ROCE % | – | 18.8% | 17.5% | 15.6% | 15.7% |
| Debtor days | – | 77 | 76 | 76 | 88 |
| Inventory days | – | 363 | 264 | 221 | 241 |
| Payable days | – | 66 | 34 | 34 | 31 |
| Cash conversion cycle (days) | – | 374 | 306 | 263 | 298 |
| Working capital days | – | 126 | 125 | 103 | 128 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 74.75% |
| FIIs | 0.71% |
| DIIs | 6.38% |
| of which Mutual funds | 1.79% |
| Public (non-institutions) | 18.16% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 74.75% | 74.75% | 74.75% | 74.75% | 74.75% | 74.75% | 74.75% | 74.75% |
| Promoter group | % |
|---|---|
| Sudarshankumar Saraf | 28.06% |
| Shakuntala Saraf | 21.35% |
| Sharadkumar Madhoprasad Saraf Huf | 9.11% |
| Navneet Kumar Saraf | 5.84% |
| Nidhi Saraf | 2.24% |
| Ashish Kumar Saraf | 2.09% |
| Priyanka Ashish Saraf | 2.06% |
| Sharadkumar Saraf | 1.68% |
| Ashrit Holdings Limited | 0.87% |
| Ritu Saraf | 0.65% |
| Suman Saraf | 0.48% |
| Sudarshankumar Madhoprasad Saraf Huf | 0.31% |
| Public holders above 1% | % |
|---|---|
| Abakkus Emerging Opportunities Fund-1 | 2.21% |
| Inuit U.S. Holdings INC. | 1.70% |
| HDFC Value Fund | 1.45% |
| Cybage Software Private Limited | 1.11% |
44,550 shareholders. Pledged: 0.00% of promoter shares.
Peers in Iron & Steel Products
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| WELCORP | ₹61,798 cr | 26.7x | 6.8x | 27.8% | 19.2% | 13.9% | +19.8% | 0.21% |
| APLAPOLLO | ₹57,703 cr | 46.9x | 10.9x | 25.9% | 30.1% | 8.0% | +12.6% | 0.28% |
| SHYAMMETL | ₹31,351 cr | 28.0x | 2.7x | 7.8% | 14.2% | 12.9% | +13.7% | 0.36% |
| RATNAMANI | ₹16,345 cr | 37.8x | 4.0x | 11.2% | 15.7% | 16.7% | +0.1% | 0.60% |
| JINDALSAW | ₹14,824 cr | 26.9x | 1.2x | 4.4% | 7.2% | 9.5% | +0.1% | 0.86% |
| USHAMART | ₹14,192 cr | 27.9x | 4.3x | 16.8% | 20.1% | 19.6% | +4.1% | 0.64% |
| GALLANTT | ₹12,989 cr | 31.9x | 3.7x | 12.4% | 14.2% | 13.8% | +3.1% | 0.08% |
| GPIL | ₹11,769 cr | 14.6x | 2.0x | 15.1% | 18.7% | 21.4% | -2.2% | 0.54% |
| JAYNECOIND | ₹8,607 cr | 12.5x | 2.6x | 23.4% | 25.6% | 18.9% | +4.0% | – |
| TIIL | ₹5,756 cr | 16.9x | 2.9x | 17.9% | 18.1% | 18.2% | +11.6% | 0.79% |
Business segments (FY26)
| Segment | Revenue | Share | EBIT | Margin |
|---|---|---|---|---|
| Scaffoldings Division | ₹1,342 cr | 47.7% | ₹188 cr | 14.0% |
| Drum Closures Division | ₹636 cr | 22.6% | ₹233 cr | 36.7% |
| Yarn Division | ₹362 cr | 12.8% | ₹8 cr | 2.3% |
| Engineering & Design | ₹280 cr | 9.9% | ₹34 cr | 12.2% |
| Fabric Division | ₹194 cr | 6.9% | ₹-16 cr | -8.4% |
| Others | ₹1 cr | 0.0% | ₹0 cr | 21.6% |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2026-06-04 | Dividend | Interim Dividend - Rs 20 Per Share |
| 2025-06-06 | Dividend | Interim Dividend - Rs 20 Per Share |
| 2024-08-27 | Buyback | Buy Back |
| 2023-09-22 | Other | Annual General Meeting |
| 2022-12-29 | Buyback | Buy Back |
| 2022-09-20 | Other | Annual General Meeting |
| 2021-09-22 | Other | Annual General Meeting |
| 2020-09-24 | Other | Annual General Meeting |
| 2019-09-16 | Other | Annual General Meeting |
| 2018-09-24 | Other | Annual General Meeting |
| 2018-01-11 | Buyback | Buyback |
| 2017-09-21 | Other | Annual General Meeting |
| 2016-09-22 | Other | Annual General Meeting |
| 2016-03-17 | Dividend | Interim Dividend - Rs 3/- Per Share (Purpose Revised) |
| 2016-01-07 | Buyback | Buyback Of Shares |
| 2015-09-22 | Other | Annual General Meeting |
| 2015-06-05 | Dividend | Interim Dividend - Rs 5/- Per Share |
| 2014-09-24 | Other | Annual General Meeting |
| 2014-05-30 | Dividend | Interim Dividend - Rs 5/- Per Share |
| 2013-09-23 | Dividend | Annual General Meeting / Final Dividend - Rs 2/- Per Share |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Annual report FY22
- Announcements NSE filings
- BRSR FY26
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
- Manufacture of Drum Closures, Scaffoldings, Textile: Company is a predominant player in the precision engineering and textile areas.
| Sector | Industrials |
| Industry | Iron & Steel Products |
| Sub-industry | Iron & Steel Products |
| Symbol | TIIL |
| BSE code | 532804 |
| ISIN | INE545H01011 |
| Face value | ₹10.0 |
| Incorporated | 1992-10-22 |
| Website | www.technocraftgroup.com |
| Plants (India / abroad) | 4 / 0 |
From the company's filings (BRSR FY26).
Data built 2026-10-22 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.