Fin Cascade

Prices as of 9 Oct 2026 close · Not investment advice

Technocraft Industries (India) Limited

NSE: TIILIron & Steel Products

Share price

₹2,631.10

+1.91% close of 9 Oct 2026

Market cap ₹6,052 CrP/E 17.8

Price-based ratios (P/B, dividend yield, EV/EBITDA) are as of 8 Oct 2026, the close above is 9 Oct 2026.

Business score

How strong the business is, in one number. The parts behind it are in Pro.

68

out of 100 · worked out 8 Oct 2026

Your ratios

The numbers you want to see first. Tap Edit to change them.

Market cap

₹6,052 Cr

P/E ratio

17.8

P/B ratio

2.9

ROCE

16.3%

ROE

15.3%

Dividend yield

0.8%

Price & valuation chart

How the share price and its valuation have moved. Hover over the chart to see any day. Prices as of the last close.

Prices as of 9 Oct 2026 close52-week high ₹3,454.9052-week low ₹1,907.00

Answers

Simple answers to the questions investors ask most, from the company's own numbers.

How fast it has been growing

Sales grew 12.4% over the past year, and 12.3% a year over its longer record. Meanwhile what it keeps of every 100 rupees of sales slipped from 19.7% to 18.0% over the last four years.

Whether it grew faster than its sector

It grew 12.3% a year against a sector median of 10.6% — 1.7 percentage points faster.

Room to re-rate, or risk of de-rating

At 17.8× earnings against a market that pays 24.1× across 2199 companies we can price. Its own industry sits at 30.2×, across 5 companies. It is against its own five-year median of 19.0×, the 46th percentile of its own range.

Whether growth justifies the valuation

Priced at 5.9 times its growth rate, on earnings growth of 3%.

Profit growthPrice per ₹1 profitPer 1% growth
Technocraft Industries (India) Limited — this one3%/yr17.8×₹5.9
Welspun Corp Limited119%/yr30.2×—
APL Apollo Tubes Limited23%/yr48.2×₹2.1
Shyam Metalics and Energy Limited9%/yr26.2×₹2.9
Ratnamani Metals & Tubes Limited-1%/yr40.3×—
Jindal Saw Limited14%/yr26.4×₹1.9

Compared with companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

How it compares with its peers

Against companies the exchange files under the same label (Iron & Steel Products), it ranks 24 of 70 on returns, 32 of 68 on growth, 14 of 70 on margin. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

What makes it hard to beat — and is that still true?

A narrow advantage: it earns 16.3% on capital, ahead of 66% of companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

Whether its growth pays for itself

Yes — Over the last five years it made ₹1071 crore of cash from the business, spent ₹751 crore on plant and equipment, and returned ₹238 crore to lenders and shareholders. And the profit is real: of every 100 rupees it reported over 12 years, about 83 arrived as cash. Its cash comes back more slowly than it used to: it went from being waiting 88 days for its cash to waiting 98 days for its cash.

Profit reality check

Is the profit real cash? Simple checks on the accounts. Facts only, not advice.

8 of 9 checks clear · 89%

Latest result · Q1 FY27

What the last results showed. Whether management kept its word is in Pro.

Profit jumped 68% on record drum-closure margins that management says will not last.

Announced 13 Aug 2026 · Consolidated · Unaudited

Revenue

₹805 Cr

Revenue vs last year

+27.2%

Revenue vs last quarter

+13.1%

Net profit

₹138 Cr

Profit vs last year

+68.0%

Profit vs last quarter

+76.6%

Net margin

17.1%

EPS

₹58.97

Earnings call transcript · 17 Aug 2026

Checklist before you investPRO

Points for and against, in one list.

Key numbers & peers

The main numbers grouped by topic, and how the company compares with similar ones.

Price

Market cap
₹6,052 Cr
Prev close
₹2,631.10
52w High
₹3,565
52w Low
₹1,869
Enterprise value
₹6,634 Cr
Beta
1.1
Price CAGR 1y
22.0%
Price CAGR 3y
11.0%
Price CAGR 5y
27.0%
Price CAGR 10y
22.0%

Ratios

Return on assets
9.0%
PEG ratio
5.8
P/E ratio
17.8
P/B ratio
2.9
EV / EBITDA
12.4
Industry P/E
24.8
ROCE
16.3%
ROCE 5y average
18.6%
ROE
15.3%
Debt / Equity
0.4
Interest coverage
7.7
Dividend yield
0.8%
ROE 3y average
16.0%
ROE last year
15.0%

Annual P&L

Annual revenue
₹2,759 Cr
Annual profit
₹293 Cr
Operating margin
17.0%
Net profit margin
10.6%
EBITDA margin
17.3%
Sales growth 3y
11.6%
Sales growth 5y
16.3%
Profit growth 3y
3.0%
Profit growth 5y
19.0%
EPS
₹126
Sales growth TTM
12.0%
Profit growth TTM
33.0%
Dividend payout
16.0%

Quarter P&L

Sales latest quarter
₹805 Cr
Profit latest quarter
₹138 Cr
YoY quarterly sales growth
27.2%
YoY quarterly profit growth
68.3%
OPM latest quarter
22.1%

Balance Sheet

Book Value
₹880
Face Value
₹10.0
Total debt
₹819 Cr
Total cash
₹195 Cr
Borrowings
₹819 Cr
Reserves / Equity
87.0

Cash Flow

Operating cash flow
₹243 Cr
Free cash flow
₹140 Cr
FCF yield
1.4%
Net cash flow
-₹4 Cr

Shareholding

Promoter holding
74.7%
FII holding
0.4%
DII holding
7.2%
Public holding
17.7%

Peer comparison

CompanyPrice ₹P/EMkt cap ₹ CrDiv yield %Profit qtr ₹ CrProfit var %Sales qtr ₹ CrSales var %ROCE %
Welspun Corp2,650.7030.369,9230.181,047.9198.64,081.114.922.9
APL Apollo Tubes2,066.3046.657,3730.40263.110.95,606.78.431.8
Shyam Metalics1,067.6026.629,8000.42350.718.15,455.123.413.0
Ratnamani Metals2,478.7539.517,3740.40107.0-37.7971.6-15.617.9
Jindal Saw270.1526.417,2760.7190.8-75.44,452.39.010.4
Usha Martin504.1528.315,3640.73142.040.71,033.016.419.5
Godawari Power205.7516.913,8520.47222.42.71,750.532.320.5
Technocraf.Inds.2,583.7517.25,8580.75137.868.4805.027.216.3
Median167.2022.69620.0014.328.3213.216.613.0

Competes with: APL Apollo Tubes Limited, Gallantt Ispat Limited, Godawari Power And Ispat limited, Jindal Saw Limited, Ratnamani Metals & Tubes Limited, Shyam Metalics and Energy Limited, Usha Martin Limited, Welspun Corp Limited

Quarterly results

Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.

Consolidated · to 30 Jun 2026
Line itemJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales557520513593620629644702633752662712805
Expenses426418431508504532552592521628570572627
Material Cost335301309340272359
Change in Inventories-13-2745-43-14-59
Purchases of Stock-in-Trade8.662.890.021.912.946.23
Employee Cost8192103100108111
Other Expenses180153171170204210
Operating Profit1301028284116979211011212493139178
OPM %23201614191514161816142022
Other Income1417252430356293921281440
Exceptional items (within Other Income)000000
Interest111099111412181414151514
Depreciation16171718242529302930323329
Profit before tax11892818111193589210810174105175
Tax %23242429242328272322272621
Net Profit917061578471416682795478138
EPS in Rs37292524353118293534233459
Diluted EPS in Rs293534233459

Profit & loss

Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.

Consolidated · to 31 Mar 2026
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales1,0299219361,1841,3131,3521,2951,9111,9852,1822,5962,7592,931
Expenses8947707901,0101,1161,1481,0921,5191,5811,7832,1802,2832,397
Material Cost1,1831,223
Change in Inventories-3.48-39
Purchases of Stock-in-Trade457.76
Employee Cost333403
Other Expenses623697
Operating Profit135151146175198204203392403399416476534
OPM %13161615151516212018161718
Other Income1532414737456852548010094103
Exceptional items (within Other Income)00
Interest9101923323729212840555858
Depreciation32262429385268636468108123124
Profit before tax109147144170164159175360366372353388455
Tax %313230292721232424252624
Net Profit75100101120119126134274278279263293348
EPS in Rs24383949485053109116115113126150
Diluted EPS in Rs112126
Dividend Payout %218-0-0-0-0-0-0-0-01816

Compounded growth

Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.

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
22%
5 years
27%
3 years
11%
1 year
22%

Return on equity

10 years
16%
5 years
17%
3 years
16%
Last year
15%

Balance sheet

What the company owns and what it owes, at the end of each year. ₹ crore.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital322626242424242423232323
Reserves5895556636848039201,0481,3121,3931,6521,7502,000
Borrowings222334345514642658467506656675846819
Other Liabilities14791120164157214237268292342378408
Minority Interest4144
Total Liabilities9911,0061,1541,3871,6261,8161,7762,1112,3642,6922,9963,249
Fixed Assets158163203245319480424420438738855858
CWIP41217535420121740143314
Investments196268279237263271334420331410435468
Other Assets6335636558519891,0441,0051,2531,5551,5311,6731,909
Total Assets9911,0061,1541,3871,6261,8161,7762,1112,3642,6922,9963,249

Cash flows

Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity6414554-2726201258108136308276243
Cash from Investing Activity-91-42-49-41-117-165-30-13222-338-185-116
Cash from Financing Activity39-67-75398-25-21520-61-21-45-131
Net Cash Flow1335-2-1481213-497-5247-4
Free Cash Flow181003-133-81292455643675140

Ratios

How fast customers pay, how long stock sits, and how well capital earns — year by year.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days867274859192978777767688
Inventory Days148187298259291357316249371271228251
Days Payable451439362745776468353533
Cash Conversion Cycle190244334308354404337272380312269306
Working Capital Days703760545570988884937598
ROCE %151817171513122220191616

Shareholding pattern

Who owns the company — founders (promoters), foreign funds, Indian funds and the public. In %.

Consolidated · to 30 Jun 2026
Line itemSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters757575757575757575757575
FIIs0.690.650.630.690.620.450.390.480.510.440.400.40
DIIs4.174.053.976.316.856.927.026.616.9776.857.18
Public212121181818181818181818
No. of Shareholders12,91913,18513,78314,41674,90566,31960,16356,04952,07149,55947,36446,501

Price trend

The price as a Renko brick chart: small moves drop out so the bigger path stands out.

Change over 1 year +14.2% (₹2,303.50 → ₹2,631.10)Brick size ₹120.26 (fixed)Bricks 26
₹2,000₹3,000₹2,631Dec '25Mar '26Aug '26
Price moved up one brickPrice moved down one brickLast close ₹2,631.10 on 9 Oct 2026

Every brick is the same size, about one typical day's move. A new brick needs a full brick's move; turning the other way needs two. Bricks show where the price went, not where it will go.

Open interestPRO

Where option traders are positioned on this stock.

Industry numbers

The numbers that matter most in this industry, from the company's own filings.

1 when an audit qualification is filed as repetitive

0.00flag

2026-03-31

the company's own unlisted debt securities in default at period end

0.00cr

2026-06-30

the company's own loans / revolving facilities in default at period end (standalone filing)

0.00cr

2026-06-30

net debt from the filed balance sheet at the newest year end: Borrowings − Cash Equivalents − Investments (Current); negative = net cash

582inr_cr

2026-03-31

guarantees / comfort given for promoter, promoter group, directors and KMP

0.00cr

2026-03-31

loans outstanding to promoter, promoter group, directors and KMP (governance filing)

0.00cr

2026-03-31

security given for the borrowing of promoter, promoter group, directors and KMP

0.00cr

2026-03-31

FY revenue / permanent employees + workers, same basis (calc)

1,18,31,178inr

2026-03-31

News

News and filings about Technocraft Industries (India) Limited. Open one to see why it matters.

No recent news for this company.

Supply chain

Who it buys from, sells to and competes with — as recorded in our map of company links.

Uses as raw material

  • aluminium billets/inputs for aluminium extrusion and formwork systems
  • cotton fibre for cotton yarn
  • dyes, processing chemicals and elastane/lycra inputs for fabrics/garments
  • steel / steel tubes / steel inputs for drum closures, scaffolding, formwork and towers

Depends on the price of

  • aluminium
  • cotton
  • steel

Sells to

About

What the company is, from our own records: where it sits, where it makes things, and what it is made of.

Sector
Capital Goods
Industry
Iron & Steel Products
Classification
Capital Goods › Iron & Steel Products
ISIN
INE545H01011

Business segments

  • Scaffoldings Division · 48%
  • Drum Closures Division · 23%
  • Yarn Division · 13%
  • Engineering & Design · 10%
  • Fabric Division · 7%
  • Others · 0%

Plants

  • Anhui Reliable Steel Technology Co Ltd (China)
  • Aurangabad scaffolding/formwork & aluminium extrusion facility (Technocraft Extrusions)
  • Tower division manufacturing facility · Murbad, Maharashtra

News impact

Big market events that reach Technocraft Industries (India) Limited, and how the effect spreads.

No recent market events reach this company.

Dividends, splits & big trades

Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.

Dividends

4 Jun 2026interim₹20
6 Jun 2025interim₹20
17 Mar 2016interim₹3
5 Jun 2015interim₹5
30 May 2014interim₹5
23 Sep 2013final₹2

Splits, bonuses & buybacks

  • daily-prices repair: 8 rows from NSE's archive (replace 1, delete 0, insert 7), 2016-10-30..2026-02-01 (docs/flat_day_repair.md)1× · 30 Oct 2016

Documents

Annual reports, results presentations and earnings calls, straight from the source.

Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.