MarketFriction

Technocraft Industries (India) Ltd

NSE TIIL · BSE 532804 · Iron & Steel Products
₹2,893.80 -0.24%
NSE close2026-10-01
52 week range1,868.50 - 3,565.30
Market cap₹6,635 Cr.
P/E19.5
Price band 20% Delivery 42.9%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Consolidated, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales520513593620629644702633752662712805
Expenses418431508504532552592521628570572627
Operating Profit1028284116979211011212493139178
OPM %20%16%14%19%15%14%16%18%16%14%20%22%
Other Income17252430356293921281440
Interest1099111412181414151514
Depreciation171718242529302930323329
Profit before tax92818111193589210810174105175
Tax %24%24%29%24%23%28%27%23%22%27%26%21%
Net Profit7061578471416682795478138
EPS in Rs28.7325.3923.9035.0430.5017.9129.1035.0233.8023.4633.5658.96
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales9219361,1841,3131,3521,2951,9111,9852,1822,5962,7592,931
Expenses7707901,0101,1161,1481,0921,5191,5811,7832,1802,2832,397
Operating Profit151146175198204203392403399416476534
OPM %16%16%15%15%15%16%21%20%18%16%17%18%
Other Income32414737456852548010094103
Interest101923323729212840555858
Depreciation262429385268636468108123124
Profit before tax147144170164159175360366372353388455
Tax %32%30%29%27%21%23%24%24%25%26%24%
Net Profit100101120119126134274278279263293348
EPS in Rs38.1739.1448.8447.7350.1853.19109.31116.32115.06112.99125.84149.78
Dividend Payout %8%0%0%0%0%0%0%0%0%18%16%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth12%16%12%12%
Compounded Profit Growth11%19%3%33%
Stock Price CAGR24%29%13%33%
Return on Equity16%17%16%15%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital322626242424242423232323
Reserves5895556636848039201,0481,3121,3931,6521,7502,000
Borrowings222334345514642658467506656675846819
Other Liabilities14791120164157214237268292342378408
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
Mar 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
CFO/OP81%119%64%6%40%116%141%48%57%100%86%71%
Mar 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 %15%18%17%17%15%13%12%22%20%19%16%16%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters74.61%74.61%74.61%74.61%74.74%74.74%74.74%74.74%74.74%74.74%74.74%74.74%
FIIs0.69%0.65%0.63%0.69%0.62%0.45%0.39%0.48%0.51%0.44%0.40%0.40%
DIIs4.17%4.05%3.97%6.31%6.85%6.92%7.02%6.61%6.97%7.00%6.85%7.18%
Public20.52%20.68%20.77%18.37%17.78%17.87%17.83%18.16%17.77%17.82%18.00%17.66%
No. of Shareholders12,91913,18513,78314,41674,90566,31960,16356,04952,07149,55947,36446,501

Fundamentals

Market Cap₹ 6,635 Cr.
Current Price₹ 2,926
Stock P/E19.5
Book Value₹ 892
ROCE16.3 %
ROE15.3 %
Dividend Yield0.68 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)12%
Compounded Profit Growth (TTM)33%
Consolidated figures.
Valuation
Market capRs 6,561 Cr
Enterprise valueRs 7,185 Cr
P/E (TTM)19.32x
Price to book3.24x
Price to sales2.24x
EV / EBITDA11.28x
EV / EBIT13.99x
EV / sales2.45x
Price to cash flow26.95x
Earnings yield5.18%
Dividend yield0.69%
P/E, 3-year average19.27x
P/B, 3-year average2.84x
P/E, 5-year average15.45x
P/B, 5-year average2.46x
Profitability
Operating margin (excl. other income)17.26%
Operating margin (incl. other income)20.65%
EBITDA margin21.74%
Pre-tax margin15.53%
Net profit margin11.59%
Net margin, latest quarter16.61%
ROE15.04%
ROCE16.35%
ROA9.14%
ROE, 3-year average15.67%
ROCE, 3-year average17.13%
ROA, 3-year average9.53%
ROE, 5-year average17.72%
ROCE, 5-year average18.80%
ROA, 5-year average10.86%
ROIC (approx.)14.66%
Tax rate24.46%
Other income / net worth4.63%
Growth
Sales growth (latest year)6.30%
Profit growth (latest year)11.37%
Sales CAGR, 3 years11.61%
Sales CAGR, 5 years16.34%
Profit CAGR, 3 years2.22%
Profit CAGR, 5 years17.00%
Sales growth QoQ13.11%
Profit growth QoQ75.72%
Sales growth YoY (latest quarter)27.20%
Profit growth YoY (latest quarter)68.38%
Per share
EPS (TTM)Rs 149.78
EPS (latest year)Rs 125.84
EPS (latest quarter)Rs 58.96
EPS, 3-year averageRs 117.96
EPS, 5-year averageRs 115.91
Book value per shareRs 891.92
Sales per shareRs 1,292.78
Cash flow per shareRs 107.39
Free cash flow per shareRs 61.75
Dividend per share (latest year)Rs 20.00
Dividend per share, 3-year averageRs 20.00
Dividend per share, 5-year averageRs 20.00
Dividends
Dividend payout15.89%
Dividend payout, 3-year average16.79%
Dividend payout, 5-year average16.79%
Efficiency
Asset turnover0.85x
Fixed asset turnover3.22x
Inventory turnover2.03x
Inventory days180 days
Debtor days88 days
Debtors turnover4.13x
Creditor days33 days
Cash conversion cycle306 days
Working capital days98 days
Leverage
Total debtRs 819 Cr
Cash and bankRs 195 Cr
Net debtRs 624 Cr
Debt to equity0.41x
Net debt / EBITDA0.98x
Interest coverage8.82x
Current ratio (filing 2026-03-31)2.04x
Quick ratio (filing 2026-03-31)1.20x
Trade payables (filing 2026-03-31)Rs 102 Cr
Owners' fund to total sources62.24%
Debt to assets25.21%
Cash flow
Cash from Operating Activity (latest year)Rs 243 Cr
Cash from Investing Activity (latest year)Rs -116 Cr
Cash from Financing Activity (latest year)Rs -131 Cr
Net Cash Flow (latest year)Rs -4 Cr
Free cash flow (latest year)Rs 140 Cr
FCFE (approx.: FCF + change in debt)Rs 113 Cr
Cash from ops / profit, 5 years0.77x
Sales to cash flow11.33x
Statement figures
Net sales (TTM)Rs 2,931 Cr
Net sales (latest year)Rs 2,759 Cr
Sales (latest quarter)Rs 805 Cr
Operating profit excl. other income (latest year)Rs 476 Cr
Operating profit (latest quarter)Rs 178 Cr
Other income (TTM)Rs 103 Cr
EBITDA (TTM)Rs 637 Cr
PBDT (TTM)Rs 579 Cr
Profit before tax (TTM)Rs 455 Cr
Tax (latest year)Rs 95 Cr
Net profit (TTM)Rs 340 Cr
Net profit (latest year)Rs 285 Cr
Net profit (latest quarter)Rs 134 Cr
Depreciation (TTM)Rs 124 Cr
Depreciation (latest quarter)Rs 29 Cr
Interest (TTM)Rs 58 Cr
Cost of goods sold (latest year)Rs 1,595 Cr
Total expenditure (latest year)Rs 2,283 Cr
Total income (latest year)Rs 2,853 Cr
Share capitalRs 23 Cr
ReservesRs 2,000 Cr
Shareholders' fundsRs 2,022 Cr
Total assetsRs 3,249 Cr
Net blockRs 858 Cr
Capital work in progressRs 14 Cr
InvestmentsRs 468 Cr
ReceivablesRs 667 Cr
InventoryRs 786 Cr
Other liabilitiesRs 408 Cr
Shares outstanding (crore)2.27
Ownership
Promoter holding74.74% (+0.00 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 19.3 is at the 73th percentile of its own 9.4-year range (median 11.9, low 3.5, high 31.8).
P/B 3.24 is at the 80th percentile (median 1.78).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
PeriodTIILNifty 50Difference
1 week-4.6%-2.8% -1.8 pts
1 month-11.4%-6.8% -4.6 pts
3 months+15.3%-7.6% +22.9 pts
6 months+32.3%+0.4% +31.8 pts
1 year+21.3%-9.9% +31.3 pts
2 years-7.4%-13.6% +6.1 pts
3 years+44.5%+14.2% +30.3 pts
5 years+255.4%+27.9% +227.5 pts
7 mutual fund schemes hold about ₹134 Cr. Over three months 2 bought more and 3 sold (share counts, price move removed).
FundWeightEst. Cr3m shares
HDFC Children's Fund(Lock in)0.54%58 +9%
HDFC Value Fund0.60%50 +2%
Mahindra Manulife Manufacturing Fund2.33%16 -6%
Mahindra Manulife Multi Asset Allocation Fund0.64%8 -7%
Mahindra Manulife Equity Savings Fund(Q0.54%3 +0%
Motilal Oswal BSE 1000 Index Fund0.01%0 +12%
Mahindra Manulife Business Cycle Fund0.00%0 -100%

Red flags

F-score 6 of 8
No red flags in the latest statements and filings.
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Sales ₹805 Cr +27.2% vs Jun 2025. Net profit ₹138 Cr +68.3%.

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2026-06-04Interim Dividend - Rs 20 Per Share
2025-06-06Interim Dividend - Rs 20 Per Share
2024-08-27Buy Back
2023-09-22Annual General Meeting
2022-12-29Buy Back
2022-09-20Annual General Meeting
2021-09-22 Annual General Meeting
2020-09-24 Annual General Meeting
2019-09-16 Annual General Meeting
2018-09-24 Annual General Meeting
2018-01-11 Buyback
2017-09-21 Annual General Meeting
2016-09-22 Annual General Meeting
2016-03-17 Interim Dividend - Rs 3/- Per Share (Purpose Revised)
2016-01-07 Buyback Of Shares
2015-09-22 Annual General Meeting
2015-06-05Interim Dividend - Rs 5/- Per Share
2014-09-24Annual General Meeting
2014-05-30Interim Dividend - Rs 5/- Per Share
2013-09-23Annual General Meeting / Final Dividend - Rs 2/- Per Share
2012-11-21Interim Dividend Re 1 Per Share
2012-09-20Annual General Meeting/ Dividend Rs 1 Per Share
2011-09-22Annual General Meeting / Dividend - Re.1 Per Share
2010-09-08Annual General Meeting And Dividend Rs.1.50 Per Share
2009-09-22Agm/Div-Re.0.50 Per Share
2008-11-06Agm/Dividend - 10%
2007-08-30Dividend-15%
DateTypeWhat it says
2026-09-30General UpdatesUpdates on acquisition- Technosoft Integrated Solutions K.K.
2026-09-29Change in ManagementChanges in Senior Management Personnel of the Company
2026-09-28Shareholder meetingVoting results.
2026-09-28Shareholder meetingProceedings of Annual General Meeting held on September 28, 2026
2026-09-05UpdatesLetter sent to Shareholders providing the weblink to access the notice of 34th AGM and Annual Report for the F.Y 2025-26.
2026-09-02Shareholder meetingNotice of Annual General Meeting to be held on September 28, 2026
2026-08-19Concall / analyst meetTranscript
2026-08-17Concall / analyst meetLink of Recording
2026-08-13Investor PresentationInvestor Presentation
2026-08-13Board meeting outcomeTechnocraft Industries (India) Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
2026-08-10Concall / analyst meetReschedule of meet
2026-07-29Concall / analyst meetSchedule of meet
2026-07-20General UpdatesAcquisition of newly incorporated subsidiary in Japan
2026-07-20General UpdatesClosure of fabric division located at Murbad
2026-06-15Disclosure under SEBI TakeovTechnocraft Industries (India) Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board ...
2026-06-10Concall / analyst meetSchedule of meet
2026-06-03Concall / analyst meetTranscript
2026-05-29Concall / analyst meetLink of Recording
2026-05-28Investor PresentationInvestor Presentation
2026-05-28Record DateRecord date for the purpose of Dividend is 04-Jun-2026.
2026-05-28DividendBoard of Directors at its meeting held on May 28, 2026, declared Interim Dividend of Rs. 20 per equity share.
2026-05-28Board meeting outcomeTechnocraft Industries (India) Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
2026-05-26UpdatesE-mail to shareholders intimating about deduction of tax at source (TDS) on Interim Dividend ..
2026-05-11Concall / analyst meetSchedule of meet
2026-04-10Credit RatingCredit Rating
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.

Quick answers

What is the market cap of Technocraft Industries (India) Ltd?

Technocraft Industries (India) Ltd (TIIL) has a market capitalisation of Rs 6,635 Cr. at the 2026-10-01 close.

What is the P/E ratio of Technocraft Industries (India) Ltd?

Technocraft Industries (India) Ltd trades at a P/E of 19.5 on trailing twelve-month profit, at the 2026-10-01 close.

What were Technocraft Industries (India) Ltd's latest quarterly results?

In the Jun 2026 quarter, Technocraft Industries (India) Ltd sales was Rs 805 Cr (+27.2% vs Jun 2025) and net profit was Rs 138 Cr.

What is the 52-week high and low of Technocraft Industries (India) Ltd?

The 52-week high is Rs 3,565.30 and the 52-week low is Rs 1,868.50.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03