Technocraft Industries (India) Ltd.

BSE: TIIL532804ISIN INE545H01011

Industrials
Iron & Steel Products
BSE 1000

Share price

₹2,719.40+85.45 (+3.24%)

as of 4 Nov 2026

Prices adjusted for splits and bonuses; cash dividends excluded. Volume shows actual shares traded.

52W high: ₹3,567.05
52W low: ₹1,870.00
Off 52W high: -23.76%
1M return: -3.64%
3M return: +3.46%
6M return: +7.35%
1Y return: +12.14%
20D avg volume: 4,649
50 DMA: ₹2,914.65
200 DMA: ₹2,552.38

Key ratios Consolidated

Market cap: ₹6,166 Cr
Current price: ₹2,719.40
52W high / low: ₹3,567.05 / ₹1,870.00
Face value: ₹10.00
P/E: 17.69
P/B: 3.05
EPS (TTM): ₹153.71
Book value / share: ₹891.92
ROE: —
ROCE: 19.30%
Operating margin: —
Net margin: —
Debt / equity: 0.40
Net debt: ₹659.00 Cr
Interest cover: 7.65
Dividend yield: 0.74%
Dividend / share (TTM): ₹20.00
Payout: 13.01%
Cash conversion cycle: 178.7 days

Financials

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24
Income statement
	804.97	711.70	662.43	752.00	632.85	702.28	644.33	628.56	620.40	592.55	512.67	519.90
	40.39	13.68	28.11	21.30	38.78	28.84	6.22	35.28	30.16	33.00	25.59	16.92
	845.36	725.38	690.53	773.29	671.63	731.12	650.56	663.85	650.56	625.55	538.26	536.82
	670.40	619.97	616.85	672.02	564.05	639.62	592.74	570.94	539.54	536.19	456.98	444.33
	359.47	272.19	340.47	309.48	301.11	335.42	290.07	299.81	261.30	232.96	218.39	200.56
	6.23	2.94	1.91	0.02	2.89	8.66	9.50	13.88	12.83	10.24	3.49	6.61
	110.59	107.74	100.24	102.83	91.99	80.86	86.06	85.89	79.74	71.57	76.08	73.70
	14.18	14.84	15.23	14.00	14.23	17.91	12.07	13.89	10.95	9.46	9.07	9.74
	28.89	32.77	32.08	29.89	28.69	29.78	28.79	25.12	24.14	18.23	17.23	16.59
	209.63	203.85	169.63	170.60	152.61	180.12	152.63	154.72	132.16	148.75	117.87	114.25
	174.96	105.41	73.69	101.28	107.58	91.50	57.82	92.91	111.02	89.36	81.28	92.48
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-8.76	0.00	0.00
	174.96	105.41	73.69	101.28	107.58	91.50	57.82	92.91	111.02	80.61	81.28	92.48
	37.21	27.67	19.86	22.11	25.24	25.09	16.38	21.70	27.13	23.24	19.70	22.31
	137.75	77.74	53.83	79.17	82.34	66.42	41.44	71.21	83.89	57.37	61.06	70.17
	58.97	33.56	23.46	33.80	35.02	29.09	18.03	30.16	35.04	23.89	25.61	28.73
Key metrics
	218.03	153.02	121.00	145.17	150.50	139.19	98.68	131.92	146.11	108.30	107.58	118.81
	27.10%	21.50%	18.30%	19.30%	23.80%	19.80%	15.30%	21.00%	23.60%	18.30%	21.00%	22.90%
	17.10%	10.90%	8.10%	10.50%	13.00%	9.50%	6.40%	11.30%	13.50%	9.70%	11.90%	13.50%
	—	5.20%	—	5.20%	—	5.20%	—	—	—	—	—	—
	27.20%	1.30%	2.80%	19.60%	2.00%	18.50%	25.70%	20.90%	—	—	—	—
	67.30%	17.00%	29.90%	11.20%	-1.80%	15.80%	-32.10%	1.50%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	2,931	2,759	2,596	2,182	1,985	1,911
	103.48	101.86	100.50	89.91	50.37	47.45
	3,035	2,861	2,696	2,272	2,035	1,959
	2,579	2,473	2,343	1,891	1,673	1,603
	1,282	1,223	1,183	884.65	957.75	844.12
	11.10	7.76	44.87	26.68	30.68	37.90
	421.40	402.79	332.56	283.83	215.12	193.18
	58.25	58.30	54.82	39.67	27.93	21.27
	123.63	123.43	107.84	67.69	64.02	62.91
	753.71	696.69	623.42	510.26	571.48	503.53
	455.34	387.97	353.25	380.91	361.77	355.34
	0.00	0.00	0.00	-8.76	0.00	4.74
	455.34	387.97	353.25	372.15	361.77	360.07
	106.85	94.88	90.29	92.39	87.23	85.50
	348.49	293.08	262.96	279.24	278.28	274.45
	149.79	125.84	112.32	115.28	109.43	109.36
Key metrics
	637.22	569.70	515.91	479.51	453.72	444.25
	21.74%	20.60%	19.90%	22.00%	22.90%	23.20%
	11.89%	10.60%	10.10%	12.80%	14.00%	14.40%
	—	19.30%	19.50%	—	—	—
	12.39%	6.30%	19.00%	9.90%	3.80%	—
	33.31%	11.50%	-5.80%	0.30%	1.40%	—
	—	243.48	276.29	—	—	—
	—	0.83	1.05	—	—	—
	—	0.40	0.47	—	—	—
	—	659.00	682.06	—	—	—
	—	178.7	164.1	—	—	—
Balance sheet
	—	3,249	2,996	—	—	—
	—	1,902	1,641	—	—	—
	—	160.09	163.70	—	—	—
	—	667.24	538.45	—	—	—
	—	786.32	741.72	—	—	—
	—	202.56	133.74	—	—	—
	—	786.94	786.62	—	—	—
	—	102.44	112.82	—	—	—
	—	933.86	908.03	—	—	—
	—	819.09	845.76	—	—	—
	—	651.18	651.89	—	—	—
	—	167.91	193.87	—	—	—
	—	2,066	1,814	—	—	—
Cash flow
	—	243.48	276.29	—	—	—
	—	-116.42	-184.78	—	—	—
	—	-130.68	-44.89	—	—	—
	—	0.00	0.00	—	—	—

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24
Income statement
	567.08	494.93	499.55	532.49	503.27	568.23	545.38	520.85	456.78	452.93	398.05	360.51
	23.54	20.96	24.36	24.28	29.62	19.39	10.19	25.71	19.82	30.08	18.08	15.12
	590.62	515.89	523.91	556.77	532.88	587.62	555.57	546.56	476.60	483.01	416.13	375.63
	476.80	413.13	452.83	482.80	455.14	497.53	488.99	463.27	394.64	421.12	364.31	320.45
	255.79	190.41	263.58	233.15	270.38	252.40	258.68	288.53	242.15	218.38	202.77	186.97
	50.11	54.99	35.27	51.05	19.28	45.17	31.25	12.93	13.41	11.55	2.98	2.28
	33.67	33.75	32.82	33.37	31.65	27.17	29.90	29.91	29.13	27.31	29.59	29.19
	6.39	6.88	7.04	7.19	8.88	11.18	6.66	6.85	8.18	6.36	6.68	7.88
	12.06	13.52	13.30	12.82	12.27	13.57	13.82	13.60	12.97	14.25	13.24	13.23
	128.56	121.20	109.84	120.42	115.57	137.49	120.41	128.90	111.92	133.85	100.99	98.98
	113.82	102.76	71.08	73.97	77.74	90.09	66.58	83.29	81.96	61.89	51.82	55.17
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	-8.76	—	—
	113.82	102.76	71.08	73.97	77.74	90.09	66.58	83.29	81.96	53.13	51.82	55.17
	27.83	26.71	17.72	17.67	18.48	23.82	16.51	18.43	18.79	13.81	13.83	11.16
	85.99	76.05	53.36	56.29	59.26	66.27	50.07	64.86	63.17	39.33	37.48	44.01
	37.93	33.54	23.54	24.82	26.14	29.21	22.12	28.29	27.51	17.12	16.55	19.16
Key metrics
	132.27	123.16	91.42	93.98	98.89	114.84	87.06	103.74	103.11	73.74	71.74	76.28
	23.30%	24.90%	18.30%	17.60%	19.60%	20.20%	16.00%	19.90%	22.60%	16.30%	18.00%	21.20%
	15.20%	15.40%	10.70%	10.60%	11.80%	11.70%	9.20%	12.50%	13.80%	8.70%	9.40%	12.20%
	—	6.50%	—	5.20%	—	6.80%	—	—	—	—	—	—
	12.70%	-12.90%	-8.40%	2.20%	10.20%	25.50%	37.00%	44.50%	—	—	—	—
	45.10%	14.80%	6.60%	-13.20%	-6.20%	68.50%	33.60%	47.40%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	2,094	2,030	2,091	1,643	1,825	1,667
	93.14	99.22	75.11	73.78	51.40	43.87
	2,187	2,129	2,166	1,717	1,876	1,711
	1,826	1,804	1,844	1,483	1,629	1,430
	942.93	934.03	1,019	833.48	923.68	804.48
	191.42	184.07	122.18	22.74	35.81	36.49
	133.61	131.59	116.10	115.05	106.26	100.48
	27.50	29.99	32.87	30.07	22.52	16.63
	51.70	51.91	53.96	53.53	53.60	55.26
	480.02	467.03	502.52	438.74	489.26	447.40
	361.63	325.55	321.91	233.30	247.76	280.38
	0.00	0.00	0.00	-8.76	—	11.95
	361.63	325.55	321.91	224.55	247.76	292.34
	89.93	80.59	77.54	55.35	61.32	70.49
	271.69	244.96	244.37	168.69	190.18	221.73
	119.83	108.04	107.13	73.68	77.47	90.69
Key metrics
	440.83	407.45	408.74	308.15	323.88	364.23
	21.05%	20.10%	19.50%	18.80%	17.70%	21.90%
	12.97%	12.10%	11.70%	10.30%	10.40%	13.30%
	—	21.10%	23.90%	—	—	—
	-2.04%	-2.90%	27.30%	-10.00%	9.50%	—
	12.99%	0.20%	44.90%	-11.30%	-14.20%	—
	—	162.32	345.63	—	—	—
	—	0.66	1.41	—	—	—
	—	0.22	0.34	—	—	—
	—	266.26	384.57	—	—	—
	—	148.9	125.7	—	—	—
Balance sheet
	—	2,271	2,217	—	—	—
	—	1,195	1,062	—	—	—
	—	93.98	104.04	—	—	—
	—	620.92	520.52	—	—	—
	—	343.07	350.92	—	—	—
	—	59.04	45.77	—	—	—
	—	326.86	335.98	—	—	—
	—	135.57	151.49	—	—	—
	—	589.86	734.15	—	—	—
	—	360.24	488.61	—	—	—
	—	360.24	488.61	—	—	—
	—	0.00	0.00	—	—	—
	—	1,629	1,431	—	—	—
Cash flow
	—	162.32	345.63	—	—	—
	—	28.25	-209.81	—	—	—
	—	-200.63	-90.83	—	—	—
	—	0.00	0.00	—	—	—

Compounded growth

Standalone

Sales CAGR 3Y: +3.61%
Sales CAGR 5Y: —
Profit CAGR 3Y: +8.80%
Profit CAGR 5Y: —
Sales YoY (TTM): -2.04%
Profit YoY (TTM): +12.99%

Consolidated

Sales CAGR 3Y: +11.61%
Sales CAGR 5Y: —
Profit CAGR 3Y: +1.74%
Profit CAGR 5Y: —
Sales YoY (TTM): +12.39%
Profit YoY (TTM): +33.31%

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Sep 2026

Promoter holding: 74.74%

Holder	Type	Holding	Previous	Change
Sudarshankumar Saraf	Promoter	28.06%	—	—
Shakuntala Saraf	Promoter Group	21.35%	—	—
Sharadkumar Madhoprasad Saraf Huf	Promoter Group	9.11%	—	—
Navneet Kumar Saraf	Promoter Group	5.84%	—	—
Nidhi Saraf	Promoter Group	2.24%	—	—
ABAKKUS EMERGING OPPORTUNITIES FUND-1	Public	2.21%	—	—
Ashish Kumar Saraf	Promoter Group	2.09%	—	—
Priyanka Ashish Saraf	Promoter Group	2.06%	—	—
INUIT U.S. HOLDINGS INC.	Public	1.70%	—	—
Sharadkumar Saraf	Promoter	1.68%	—	—
HDFC VALUE FUND	Public	1.45%	—	—
CYBAGE SOFTWARE PRIVATE LIMITED	Public	1.11%	—	—
Ashrit Holdings Limited	Promoter Group	0.87%	—	—
Ritu Saraf	Promoter Group	0.65%	—	—
Suman Saraf	Promoter Group	0.48%	—	—

Public shareholders are disclosed individually only above 1%.

Peer comparison

Company	Mkt cap (₹ Cr)	Price (₹)	P/E	ROCE	Sales YoY	Profit YoY	1Y return
Welspun Corp Limited	63,062	2,390.60	26.60	16.70%	+13.62% TTM	+9.55% TTM	+158.46%
APL Apollo Tubes Limited	61,038	2,198.30	46.60	28.20%	+15.83% TTM	+24.90% TTM	+23.52%
Shyam Metalics and Energy Limited S	34,361	1,231.00	58.56	12.00%	+6.12% TTM	+12.47% TTM	+38.81%
Ratnamani Metals & Tubes Ltd	17,199	2,453.80	33.44	16.30%	-16.31% TTM	-8.61% TTM	+0.53%
Jindal Saw Ltd.	16,202	253.35	32.58	10.80%	-0.73% TTM	-55.61% TTM	+48.64%
Usha Martin Ltd.	14,798	485.60	29.16	18.20%	+8.54% TTM	+25.85% TTM	+2.31%
GODAWARI POWER AND ISPAT LTD.	13,845	205.65	17.14	17.90%	+8.43% TTM	+8.78% TTM	-26.21%
GALLANTT ISPAT LIMITED	12,753	528.55	31.30	18.00%	+5.52% TTM	-17.31% TTM	-5.83%
Jayaswal Neco Industries Ltd S	8,906	91.72	12.94	24.20%	+18.34% TTM	+82.81% TTM	+21.19%
Aeroflex Industries Limited	7,504	567.10	83.87	16.50%	+55.03% TTM	+87.04% TTM	+210.65%
Maharashtra Seamless Ltd.	7,450	556.00	10.11	13.00%	-12.21% TTM	-16.12% TTM	-3.03%
Sunflag Iron & Steel Co. Ltd.	7,070	392.30	34.35	3.70%	+9.35% TTM	+4.58% TTM	+48.12%
Shivalik Bimetal Controls Ltd.	6,178	1,072.50	58.24	25.00%	+27.78% TTM	+33.44% TTM	+130.55%
Technocraft Industries (India) Ltd.	6,166	2,719.40	17.69	19.30%	+12.39% TTM	+33.31% TTM	+12.14%
Man Industries (India) Ltd	5,756	767.35	28.17	16.10%	+10.75% TTM	+26.33% TTM	+94.91%
Goodluck India Limited	5,412	542.70	24.86	19.40%	+18.76% TTM	+31.22% TTM	+32.51%
SAMBHV STEEL TUBES LIMITED	4,886	165.80	25.04	17.50%	—	—	+41.23%
Bansal Wire Industries Limited	4,681	59.80	5.97	16.20%	+20.27% TTM	+2.82% TTM	-2.99%
Surya Roshni Ltd.	4,492	206.40	14.41	15.00%	+11.69% TTM	+8.34% TTM	-31.93%
Electrosteel Castings Ltd.	4,241	68.60	35.12	5.10%	-15.69% TTM	-78.91% TTM	-23.36%
Venus Pipes & Tubes Limited S	3,813	1,840.60	40.76	22.80%	+21.73% TTM	+15.01% TTM	+45.10%
Kalyani Steels Ltd	3,774	864.65	13.40	16.20%	-1.11% TTM	+8.01% TTM	+1.58%
Kirloskar Industries Ltd	3,479	3,308.30	10.24	—	+3.82% TTM	-0.15% TTM	-12.15%
Vardhman Special Steels Ltd S	3,454	356.90	21.41	13.50%	+14.75% TTM	+68.58% TTM	+20.94%
Ratnaveer Precision Engineering Limited S	3,192	380.35	41.84	13.30%	+21.02% TTM	+45.53% TTM	—

Filings & corporate actions

Recent announcements

Technocraft Industries (India) Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 13/11/2026 ,inter alia, to consider and approve the un-audited ....26 Oct 2026 · Board Meeting / Board Meeting
ESG Score assigned by CRISIL ESG Ratings & Analytics Limited17 Oct 2026 · Company Update / Credit Rating
Technocraft Industries (India) Limited hereby submits the certificate under Regulation 74(5) of the SEBI (DP) Regulations, 20186 Oct 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Updates on Acquisition- Technosoft Integrated Solutions K.K.30 Sep 2026 · Company Update / Acquisition
Technocraft Industries (India) Limited has informed the exchange about the changes in Senior Management Personnel of the Company29 Sep 2026 · Company Update / Change in Management
Technocraft Industries (India) Limited has submitted the Exchange a copy of Scrutinizers Report of Annual General Meeting held on September 28, 2026. Further, the Company has informed the ....28 Sep 2026 · AGM/EGM / AGM
Technocraft Industries (India) Limited has informed the exchange regarding proceedings of Annual General Meeting held on September 28, 202628 Sep 2026 · AGM/EGM / AGM
Technocraft Industries (India) Limited has informed the exchange regarding the trading window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 201524 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
The Company has sent a letter providing the weblink to access the notice of the 34th AGM and the Annual Report for F.Y 2025-26 to the shareholders who have not registered their email address ....5 Sep 2026 · Company Update / General
Technocraft Industries (India) Limited hereby submits the newspaper publication regarding the 34th Annual General Meeting of the Company5 Sep 2026 · Company Update / Newspaper Publication
Technocraft Industries (India ) Limited hereby submits the Business Responsibility and Sustainability Report for the Financial year 2025-262 Sep 2026 · Others / Business Responsibility and Sustainability Reporting (BRSR)
Technocraft Industries (India) Limited hereby submits the Annual Report for the Financial Year 2025-262 Sep 2026 · Others / Reg. 34 (1) Annual Report
Technocraft Industries (India) Limited hereby submits the Notice of 34th Annual General Meeting of the Company to be held on September 28, 20262 Sep 2026 · AGM/EGM / AGM
Technocraft Industries (India) Limited hereby submits the copy of newspaper publication regarding the information on 34th Annual General Meeting of the Company2 Sep 2026 · Company Update / Newspaper Publication
Technocraft Industries (India) Limited hereby submits the copy of newspaper publication regarding the information on 34th Annual General Meeting of the Company1 Sep 2026 · Company Update / Newspaper Publication
Technocraft Industries (India) Limited has informed the exchange about the transcript of Conference Call19 Aug 2026 · Company Update / Earnings Call Transcript
Technocraft Industries (India) Limited has informed the Exchange about Link of Recording17 Aug 2026 · Company Update / Analyst / Investor Meet
Technocraft Industries (India) Limited hereby submits the copy of newspaper publication of the financial results for the quarter ended June 30, 202614 Aug 2026 · Company Update / Newspaper Publication
Technocraft Industries (India) Limited hereby submits the investor presentation for the quarter ended June 30, 202613 Aug 2026 · Company Update / Investor Presentation
Technocraft Industries (India) Limited hereby submits the Standalone and Consolidated Financial Results for the quarter ended June 30, 2026 along with the limited review report13 Aug 2026 · Result / Financial Results
Technocraft Industries (India) Limited hereby submits the Unaudited Standalone and Consolidated Financial Results for the quarter ending June 30, 2026 along with the limited review report13 Aug 2026 · Board Meeting / Outcome of Board Meeting
Technocraft Industries (India) Limited has informed the Exchange about Reschedule of meet10 Aug 2026 · Company Update / Analyst / Investor Meet
Technocraft Industries (India) Limited has informed the Exchange about the Schedule of meet29 Jul 2026 · Company Update / Analyst / Investor Meet
Technocraft Industries (India) Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 13/08/2026 ,inter alia, to consider and approve Unaudited Financial ....22 Jul 2026 · Board Meeting / Board Meeting
Technocraft Industries (India) Limited has informed the exchange about acquisition of newly incorporated subsidiary in Japan20 Jul 2026 · Company Update / Acquisition
Technocraft Industries (India) Limited has informed the exchange about the closure of Fabric Division located at Murbad20 Jul 2026 · Company Update / General
Technocraft Industries (India) Limited hereby submits certificate under Regulation 74(5) of the SEBI (DP), Regulations, 20187 Jul 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Technocraft Industries India Limited has informed the Exchange regarding the trading window closure pursuant to SEBI ( Prohibition of Insider Trading ) Regulations, 201523 Jun 2026 · Insider Trading / SAST / Closure of Trading Window
Technocraft Industries (India) Limited hereby Intimates the investors/analyst meeting on June 16, 202610 Jun 2026 · Company Update / Analyst / Investor Meet
Technocraft Industries (India) Limited hereby submits transcripts of Conference Call held for discussion of financial performance of Fourth Quarter ended March 31, 20263 Jun 2026 · Company Update / Analyst / Investor Meet
Technocraft Industries (India) Limited hereby submits Call Recording of Conference Call held for discussion of financial performance of Fourth Quarter/Period ended March 31, 202629 May 2026 · Company Update / Analyst / Investor Meet
Technocraft Industries (India) Limited hereby submits the copy of newspaper publication29 May 2026 · Company Update / Newspaper Publication
Technocraft Industries India Limited hereby submits the Standalone and Consolidated Financial Results for the Quarter and Financial Year ended March 31, 202628 May 2026 · Result / Financial Results
Technocraft Industries India Limited hereby submits the Annual Secretarial Compliance Report for the Financial year 2025-2628 May 2026 · Company Update / Reg.24(A)-Annual Secretarial Compliance
Technocraft Industries India Limited hereby submits the investor presentation for the Quarter and Financial Year ended March 31, 202628 May 2026 · Company Update / Investor Presentation
The record date fixed for the purpose of interim dividend is June 4, 202628 May 2026 · Corp. Action / Record Date
Audited Financial Statements for the Financial Year ended March 31, 2026 and declaration of interim dividend28 May 2026 · Board Meeting / Outcome of Board Meeting
Technocraft Industries (India) Limited hereby intimates regarding e-mail to shareholders about deduction of Tax at Source (TDS) on interim dividend26 May 2026 · Company Update / General
Technocraft Industries (India) Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 28/05/2026 ,inter alia, to consider and approve In its meeting ....20 May 2026 · Board Meeting / Board Meeting
Technocraft Industries (India) Limited hereby Intimates the Conference Call to discuss the financial performance of Fourth Quarter ended March 31, 202611 May 2026 · Company Update / Analyst / Investor Meet

Corporate actions

Purpose	Ex date	Record date	Payment date
Interim Dividend - Rs. - 20.0000	4 Jun 2026	4 Jun 2026	—
Interim Dividend - Rs. - 20.0000	6 Jun 2025	6 Jun 2025	—
Buy Back of Shares	27 Aug 2024	27 Aug 2024	—

Board meetings

13 Nov 2026 Board Meeting - Financial Results
13 Aug 2026 Board Meeting - Financial Results