Technocraft Industries (India) (TIIL) had a P/E of 18.2× on 6 Nov 2026, below the industry P/E of 22.6×, and the shares are 24% below their 52-week high. It earns ROCE of 19% and ROE of 15%, and sales and net profit grew 12% and 2.2% a year over 3 years. Its dividend yield is 0.7%, and debt is 0.40× equity. It is a small-cap company with a market cap of ₹6,182 Cr, ranked 7th of 31 Tools & Accessories companies by market cap; the shares rose 14% over the past year.
- ₹2,750.00
- ₹2,750.00
- ₹2,650.00
- ₹2,770.10
- 17.7K
Health check
- ReturnsIn line
+14.3% over a year, better than 4 of 7 peers.
- Price tagCheaper
P/E 18.2 vs industry 22.6.
- GrowthStrong
Sales +12.2%, profit +2.2% a year over 3 years.
- ProfitabilityAverage
ROCE 19.1% vs peer median 24.8%.
- Balance sheetSolid
Debt 0.40× equity, interest covered 8.2×, Piotroski 7 of 9.
- Red flagsNone found
No warning signs in the headline numbers.
Small cap
Defensive
Key metrics
- Market cap
- ₹6,182 Cr
- Small cap
- P/E
- 18.2
- Industry 22.6
- Price to book
- 3.06
- Peers 7.34
- Dividend yield
- 0.73%
- ROE
- 15.0%
- Peers 15.4%
- ROCE
- 19.1%
- Peers 24.8%
- Debt to equity
- 0.40
- Debt ₹830 Cr
- EPS (TTM)
- ₹149.78
- Face value ₹10
- OPM (TTM)
- 18.2%
- Net margin 11.6%
- Sales growth
- +27.2%
- Latest quarter vs a year ago
- Profit growth
- +68.4%
- Latest quarter vs a year ago
- Price to sales
- 2.11
- EV/EBITDA 12.7
Strengths and risks
Strengths
- Quarterly profit up 68.4% on a year ago.
- Quarterly sales up 27.2% on a year ago.
- Positive operating cash flow in each of the last 4 years.
About Technocraft Industries (India)
Technocraft Industries (India) Limited engages in scaffolding business in India and internationally. It operates through Drum Closures, Scaffoldings, Yarn, Fabric, Engineering & Design, and Others segments. The company offers drum closures, nylon and plastic plugs, capseal closures, canseal clousures, dies and tools, and clamps; and scaffolding products, such as techring, techlok, teck stage, mach plus, access frames, couplers, shoring props, scaffolding…
- Headquarters
- Mumbai
- Employees
- 1,716
- Sector
- Industrials
- ISIN
- INE545H01011
- Website
- technocraftgroup.com
Price range
- Avg volume (3M)
- 52.8K
- 1-year return
- plus 14.3%
- From 52-week high
- minus 23.5%
Peers · Tools & Accessories
| Company | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| TIMKENTimken India | 3,057.80 | minus 2.14% | 23,000 | 50.7 | 35.4 | 18.5% | 18.5% | 0.00 | 7.5% | plus 2.4% |
| CARBORUNIVCarborundum Universal | 1,041.30 | minus 3.99% | 19,838 | 134.0 | 32.9 | 7.1% | 8.4% | 0.12 | 3.8% | plus 21.1% |
| SKFINDUSSKF India (Industrial) | 2,343.60 | minus 2.47% | 11,586 | 49.4 | – | – | 10.3% | 0.00 | – | minus 13.0% |
| KENNAMETKennametal India | 3,585.60 | minus 5.65% | 7,881 | 40.2 | 26.1 | 31.2% | 23.9% | 0.00 | 11.4% | plus 44.8% |
| ESABINDIAEsab India | 5,004.00 | minus 2.18% | 7,703 | 34.7 | 28.1 | 60.8% | 18.4% | 0.01 | 11.4% | plus 4.8% |
| SKFINDIASKF India | 1,425.60 | plus 0.37% | 7,048 | 45.3 | 14.4 | 31.7% | 11.1% | 0.00 | −4.9% | minus 33.0% |
| TIILTechnocraft Industries (India) | 2,726.40 | minus 1.58% | 6,182 | 18.2 | 13.7 | 19.1% | 18.5% | 0.40 | 12.2% | plus 14.3% |
| HARSHAHarsha Engineers International | 457.15 | minus 2.41% | 4,162 | 26.9 | 17.7 | 14.1% | 14.6% | 0.27 | 5.8% | plus 17.9% |
| Median of 7 peers | – | −2.41% | 7,881 | 45.3 | 27.1 | 24.8% | 14.6% | 0.00 | 6.7% | 4.8% |
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| 633 | 752 | 662 | 712 | 805 | |
| 521 | 628 | 570 | 572 | 627 | |
| 112 | 124 | 92.9 | 139 | 178 | |
| 17.7% | 16.5% | 14.0% | 19.6% | 22.1% | |
| 38.8 | 21.3 | 28.1 | 13.7 | 40.4 | |
| 14.2 | 14 | 15.2 | 14.8 | 14.2 | |
| 28.7 | 29.9 | 32.1 | 32.8 | 28.9 | |
| 108 | 101 | 73.7 | 105 | 175 | |
| 23.5% | 21.8% | 27.0% | 26.2% | 21.3% | |
| 79.4 | 76.6 | 53.2 | 76.1 | 134 | |
| 35.02 | 33.80 | 23.45 | 33.56 | 58.97 |
Profit & loss
- Sales CAGR 3Y
- +12.2%
- Profit CAGR 3Y
- +2.2%
- EPS CAGR 3Y
- +4.3%
- ROE
- 15.0%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 1,857 | 2,061 | 2,449 | 2,622 | |
| – | +11.0% | +18.8% | +7.1% | |
| 1,444 | 1,647 | 2,015 | 2,125 | |
| 413 | 415 | 434 | 497 | |
| 22.2% | 20.1% | 17.7% | 19.0% | |
| 25.1 | 27.8 | 41 | 75.7 | |
| 25.6 | 37 | 51 | 54.1 | |
| 64 | 67.7 | 108 | 123 | |
| 13.5 | 34.2 | 36.9 | −7.4 | |
| 362 | 372 | 353 | 388 | |
| 24.1% | 24.8% | 25.6% | 24.5% | |
| 267 | 264 | 256 | 285 | |
| – | minus 1.1% | minus 3.0% | +11.4% | |
| 110.98 | 115.06 | 112.32 | 125.84 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 23 | 23 | 22.7 | 22.7 | |
| 1,393 | 1,652 | 1,750 | 2,000 | |
| 656 | 676 | 860 | 831 | |
| 292 | 342 | 363 | 396 | |
| 2,364 | 2,692 | 2,996 | 3,249 | |
| 478 | 712 | 825 | 805 | |
| 61.2 | 43.6 | 38.8 | 18.4 | |
| 288 | 353 | 393 | 426 | |
| 212 | 174 | 205 | 202 | |
| 1,325 | 1,410 | 1,533 | 1,798 | |
| 2,364 | 2,692 | 2,996 | 3,249 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 136 | 308 | 276 | 243 | |
| 22.3 | −339 | −185 | −116 | |
| −60.9 | −21.4 | −44.9 | −131 | |
| 97.3 | −52.3 | 46.6 | −3.6 | |
| −102 | −307 | −228 | −110 | |
| 33.5 | 0.5 | 47.9 | 134 | |
| −1.2 | – | – | −45.3 |
Shareholding pattern
- Promoters74.75%
- Public25.25%
| Quarter | Split | Promoters | Public | Promoter change |
|---|---|---|---|---|
| 30 Sep 2026 | 74.75% | 25.25% | 0.00 | |
| 30 Jun 2026 | 74.75% | 25.25% | 0.00 | |
| 31 Mar 2026 | 74.75% | 25.25% | 0.00 | |
| 31 Dec 2025 | 74.75% | 25.25% | 0.00 | |
| 30 Sep 2025 | 74.75% | 25.25% | – |
Major shareholders
Filings & events
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