Technocraft Industries (india) Limited · NSE:TIIL
Technocraft Industries (india) — Q4 FY24 Earnings Presentation
54 slides from Technocraft Industries (india)'s earnings presentation, May 30, 2024
Slide 1: Cover letter to stock exchanges
Technocraft Industries (India) Limited Regd. Office: Technocraft House, A-25, Road No. 03, MIDC Industrial Estate, Andheri (East), Mumbai - 400093, Maharashtra, India Tel: 022-4098 2222; Fax No. 2836 7037; CIN No. L28120MH1992PLC069252 E-mail: investor@technocraftgroup.com ; website: www.technocraft
Slide 2: Where The Best Is Yet To Come
Where The Best Is Yet To Come INVESTOR PRESENTATION Q4 FY24 Restricted Circulation Technocraft Industries,(India) | Technocraft Ltd. | www.technocraftgroup.com Industries, India Ltd. | www.technocraftgroup.com
Slide 3: Disclaimer
DISCLAIMER This presentation and the following discussion may contain “forward looking statements” by Technocraft Industries (India) Ltd. (“TIIL” or “the company”) that are not historical in nature. These forward looking statements, which may include statements relating to future state of affairs, r
Slide 4: Technocraft Industries (India) Ltd.
TECHNOCRAFT INDUSTRIES (INDIA) LTD. A leading and well diversified Industrial Group. A Government recognized International Trading House accredited with National Award Trophy for outstanding export performance. Exports to more than 80 countries worldwide. Manufactures and exports multiple products l
Slide 5: Company history and diversification
Technocraft was established in Year 1972 with manufacturing of Steel Drum Closures and with constant innovation and expansion today it is second largest producer and exporter of Drum Closures in the world. In 1994 it diversified into manufacturing and exports of Steel Tubes which was later forward i
Slide 6: The Journey
THE JOURNEY 1972 1993 1994 1997 1998 2000 Setup of Drum Setup of 1st Acquisition Setup of 100% Setup of Foreign Setup of Technosoft Closures foreign subsidiary of Tube EOU Yarn Division subsidiary in (Engineering Division in UK Division Poland Services) 2015 2010 2008 2007 2006 2005 Acquired a US Sc
Slide 7: Group Chart
GROUP CHART Engineering Textiles Engineering Services [Manufacturing] Scaffoldings Consulting, Innovation, Drum Closures Systems Automation Etc. Metal Plastic Cotton Yarn Knitted Fabric Garment Drum Closures Drum Closures Scaffolding Infra Aluminium Formwork Systems Formwork (Mach one) Technocraft I
Slide 8: Geographical Presence
GEOGRAPHICAL PRESENCE India Canada New Zealand • Shivale Infraproducts Pvt. Ltd. • Technosoft Integrated Solutions Inc • Technocraft NZ Ltd • Techno Defence Pvt. Ltd. • Technocraft Fashions Ltd. • Technocraft Textiles Ltd. • Technocraft Formworks Pvt. Ltd. China Germany • Technocraft Extrusions Pvt.
Slide 9: Drum Closures – Overview
DRUM CLOSURES – OVERVIEW The company specializes in manufacturing and supply of Steel Drum Closure. Manufacturing facilities are supplemented with good Research and Development facilities and facilities for Quality Control, Testing and Packaging. The Company is second largest manufacturer of steel d
Slide 10: Drum Closures – Strength
DRUM CLOSURES – STRENGTH Complete product portfolio 01 • Flanges, Gaskets, Epoxy and Phenolic Lacquered Closures • Stainless Steel Closures • Lever Latches for Fibre and Metal Drum Locking Rings Relationships 02 • Marketing & Distribution setup spreads to over 80 countries • Second largest market sh
Slide 11: Scaffolding Systems – Overview
SCAFFOLDING SYSTEMS – OVERVIEW The Company is into manufacturing of high quality and high-performance engineering modular panel shoring system which is used in residential and commercial building constructions, Industries, and Infrastructure. Company manufactures high quality steel tubes in-house wh
Slide 12: Scaffolding Systems – Products
SCAFFOLDING SYSTEMS – PRODUCTS Technocraft Industries, India Ltd. | www.technocraftgroup.com
Slide 13: Scaffolding Systems – Products
SCAFFOLDING SYSTEMS – PRODUCTS Technocraft Industries, India Ltd. | www.technocraftgroup.com
Slide 14: Scaffolding Systems – Projects Snap Shots
Scaffolding Systems – Projects snap shots SCAFFOLDING SYSTEMS – PROJECTS SNAP SHOTS Ringlock System used for Washington, USA Bridge repair Technocraft Industries, India Ltd. | www.technocraftgroup.com
Slide 15: Scaffolding Systems – Projects Snap Shots
SCAFFOLDING SYSTEMS – PROJECTS SNAP SHOTS Cuplock and Ringlock System used in Multiple projects at North and South America Technocraft Industries, India Ltd. | www.technocraftgroup.com
Slide 16: Scaffolding Systems – Projects Snap Shots
SCAFFOLDING SYSTEMS – PROJECTS SNAP SHOTS Ringlock + Machplus System used for Over head water tank construction at Qatar Technocraft Industries, India Ltd. | www.technocraftgroup.com
Slide 17: Scaffolding Systems – Use of Latest Technology
SCAFFOLDING SYSTEMS – USE OF LATEST TECHNOLOGY Robot welding at Scaffolding Dept. Pick & Place Robot Robot at Mach one (Aluminium Welding) Technocraft Industries, India Ltd. | www.technocraftgroup.com
Slide 18: New Project – Technocraft Extrusions Pvt Ltd
SCAFFOLDING SYSTEMS – NEW PROJECT – TECHNOCRAFT EXTRUSIONS PVT LTD The Company through its wholly owned subsidiary - Technocraft Extrusions Pvt. Ltd. (TEPL) has setup a state of Art Aluminum Extrusion manufacturing unit at Bidkin region of Aurangabad in Maharashtra. TIIL is already having Aluminum F
Slide 19: New Project – Technocraft Formworks Pvt Ltd
SCAFFOLDING SYSTEMS – NEW PROJECT – TECHNOCRAFT FORMWORKS PVT LTD The Company through its wholly owned subsidiary - Technocraft Formworks Pvt. Ltd. (TFPL) has setup a state of Art Aluminum Fabrication and Steel Fabrication manufacturing unit at Bidkin region of Aurangabad in Maharashtra. TIIL is alr
Slide 20: Textile – Overview
TEXTILE – OVERVIEW Company has integrated Textile plant for manufacturing Cotton Yarn, Fabric (Greige & Dyed) and Garments in India. A. Spinning – Cotton Yarn B. Knitted Fabric and Dyed Yarn C. Dyeing & Finishing D. Garments Company has units for Company is Manufacturing Equipped with Fabric dyeing
Slide 21: Textile – Products
TEXTILE – PRODUCTS Technocraft Industries, India Ltd. | www.technocraftgroup.com
Slide 22: New Project – Technocraft Textiles Ltd
TEXTILES – NEW PROJECT – TECHNOCRAFT TEXTILES LTD The Company through its wholly owned subsidiary - Technocraft Textiles Ltd. (TTL) has setup a state of Art cotton Yarn manufacturing unit at Amravati region of Maharashtra. Capacity for the project: Spinning 7300 Tons p.a. The New Plant at Amravati h
Slide 23: Technosoft Engineering Projects Ltd. – Overview
TECHNOSOFT ENGINEERING PROJECTS LTD. – OVERVIEW Technosoft Engineering Projects Limited is a subsidiary of Technocraft Industries (India) Ltd. It is a global technology services company offering broad-based engineering, designing and IT services using a variety of client-partnership models for deliv
Slide 24: Technosoft Engineering Projects Ltd. – Services
TECHNOSOFT ENGINEERING PROJECTS LTD. – SERVICES Product Engineering Plant Engineering Digital Manufacturing & Turnkey Solutions Consulting Software Solutions Data Services Advanced Engineering Services Technocraft Industries, India Ltd. | www.technocraftgroup.com
Slide 25: Exhibitions – ASOD Meet, South Korea
EXHIBITIONS – ASOD MEET – SOUTH KOREA, APRIL 24 Technocraft Industries, India Ltd. | www.technocraftgroup.com
Slide 26: Exhibitions – Seoul, South Korea
EXHIBITIONS – SEOUL, SOUTH KOREA The Seoul Exhibition, Preview 2023: A remarkable convergence of fashion and diplomacy, showcasing the power of creativity and collaboration. The Embassy of India Seoul team including the Deputy Chief of Mission - Mr. Nishi Kant Singh visiting our stall Jamie Kay, New
Slide 27: Exhibitions – Chemexpo/Chemprotech
EXHIBITIONS – CHEMEXPO/CHEMPROTECH Participation in Chemexpo/Chemprotech, 2024 exhibition held in April 24 in Mumbai, showcasing our entire product range of Drum Closures, getting good response from new end users. Technocraft Industries, India Ltd. | www.technocraftgroup.com
Slide 28: Exhibitions – Dhaka
EXHIBITIONS - DHAKA Participation in Dhaka Exhibition for Yarns, Fabrics & Garments. Technocraft Industries, India Ltd. | www.technocraftgroup.com
Slide 29: Corporate Social Responsibility
CORPORATE SOCIAL RESPONSIBILITY Technocraft Promoted “Technocraft Centre for IIT Bombay inaugurates TCA2I to promote Applied Artificial Intelligence (TCA2I)” in IIT research in AI campus, Mumbai by donating Rs. 15 crores to IIT Bombay Technocraft Industries, India Ltd. | www.technocraftgroup.com
Slide 30: Corporate Social Responsibility
CORPORATE SOCIAL RESPONSIBILITY Shanti Seva Nidhi Shanti Seva Nidhi (SSN), a public charitable Trust, is a CSR activity of Technocraft. It was established in 1994 with the view to develop technology in the region and with objectives of running Educational Institutes, providing Medical Assistance, ar
Slide 31: Quality, Environment, Occupational Health and Safety Management System Policy
QUALITY, ENVIRONMENT, OCCUPATIONAL HEALTH AND SAFETY MANAGEMENT SYSTEM POLICY Technocraft Industries (India) Limited understands that even if one piece of drum closure is wrongly employed or bad in one million sets, for the end user, it is going to be one defective assembly that may spill hazardous
Slide 32: Consolidated Profit & Loss Statement – Quarterly Financial Results
CONSOLIDATED PROFIT & LOSS STATEMENT – QUARTERLY FINANCIAL RESULTS Amount in INR Lakhs % Particulars Change Oct - Dec 23 Jan - Mar 24 Jan - Mar 23 Y-o-Y Operating Revenue 51,267 59,255 48,049 23% Other Income 2,559 3,300 575 474% Total Revenue 53,827 62,555 48,624 29% Cost of Goods Sold 23,673 28,81
Slide 33: Consolidated Profit & Loss Statement – For the Year
CONSOLIDATED PROFIT & LOSS STATEMENT – FOR THE YEAR Amount in INR Lakhs % Particulars Change Apr - Mar24 Apr - Mar23 Operating Revenue 2,18,163 1,98,453 10% Other Income 8,991 5,037 79% Total Revenue 2,27,154 2,03,490 12% Cost of Goods Sold 98,918 79,457 24% Employee benefits expense 28,383 21,512 3
Slide 34: Ratios
RATIOS Amount in INR Lakhs Ratios Apr – Mar 24 Apr – Mar 23 Jan - Mar 24 Jan - Mar 23 Operating Margin 19% 20% 17% 16% Net Profit Margin 13% 14% 10% 10% Debt Equity Ratio 0.40 Times 0.46 Times 0.40 Times 0.46 Times Current Ratio 1.97 Times 1.80 Times 1.97 Times 1.80 Times Debtors 45,394 41,962 45,39
Slide 35: Consolidated Segmental Analysis – Revenue (Quarterly)
CONSOLIDATED SEGMENTAL ANALYSIS – REVENUE (QUARTERLY) Amount in INR Lakhs % Income from continued operations Change Oct - Dec 23 Jan - Mar 24 Jan - Mar 23 Y-o-Y Drum Closure Division 12,549 15,303 12,753 20% Scaffoldings Division 23,206 29,134 21,395 36% Textiles Division 12,206 11,107 12,261 (9%) E
Slide 36: Consolidated Segmental Analysis: EBIT (Quarterly)
CONSOLIDATED SEGMENTAL ANALYSIS: EBIT (QUARTERLY) Segment Results Amount in INR Lakhs % Change Profit/(Loss) after Depreciation but Before Oct - Dec 23 Jan - Mar 24 Jan - Mar 23 Y-o-Y Finance Cost and Tax Drum Closure Division 4,167 5,557 4,284 30% Scaffoldings Division 3,414 2,707 3,557 (24%) Texti
Slide 37: Consolidated Segmental Analysis: Revenue (For the Year)
CONSOLIDATED SEGMENTAL ANALYSIS: REVENUE (FOR THE YEAR) Amount in INR Lakhs % Income from continued operations Change Apr – Mar 24 Apr – Mar 23 Drum Closure Division 54,303 53,478 2% Scaffoldings Division 1,03,240 88,944 16% Textiles Division 49,181 52,414 (6%) Engineering & Designing Services 19,84
Slide 38: Consolidated Segmental Analysis: EBIT (For the Year)
CONSOLIDATED SEGMENTAL ANALYSIS: EBIT (FOR THE YEAR) Segment Results Amount in INR Lakhs % Profit/(Loss) after Depreciation but Before Change Apr – Mar 24 Apr – Mar 23 Finance Cost, Tax Drum Closure Division 18,578 16,252 14% Scaffoldings Division 18,384 22,725 (19%) Textiles Division (1,684) (3,013
Slide 39: Consolidated Financials Revenue, PBT & Margin
CONSOLIDATED FINANCIALS REVENUE, PBT & MARGIN Amount in INR Lakhs YoY Annual Particulars Mar-23 Mar-24 Mar-23 Mar-24 Income from Continuing Operations 48,049 59,255 1,98,453 2,18,163 Profit Before Tax (Before Exceptional Items) 6,781 8,936 36,177 38,091 Margins 14% 15% 18% 17% 2,50,000 40% 70,000 25
Slide 40: Drum Closures Business – Volume
DRUM CLOSURES BUSINESS – VOLUME YoY Annual Sales Volume Sales Volume Mar 23 Mar 24 Mar 23 Mar 24 Drum Closures (Lakhs Sets) Drum Closures (Lakhs Sets) 139 172 587 655 (India + China) (India + China) Clamps (Lakhs Pcs) 47 81 Clamps (Lakhs Pcs) 198 253 Metal Capseals (Lakhs Pcs) 24 40 Metal Capseals (
Slide 41: Drum Closures Business – Financials
DRUM CLOSURES BUSINESS – FINANCIALS INR Lakhs YoY Annual Consolidated Financials Consolidated Financials Mar 23 Mar 24 Mar 23 Mar 24 Revenue 12,753 15,303 Revenue 53,478 54,303 Segment Result - EBIT 4,284 5,557 Segment Result - EBIT 16,252 18,578 Margins 30% 34% Margins 34% 36% RoCE 62% 53% RoCE 66%
Slide 42: Scaffoldings & Formworks Business – Volume
SCAFFOLDINGS & FORMWORKS BUSINESS – VOLUME YoY Annual Sales Volume Sales Volume Mar 23 Mar 24 Mar 23 Mar 24 Scaffoldings (MT) 8,317 6,890 Scaffoldings (MT) 32,241 24,766 Formwork (MT) 2,197 1,396 Formwork (MT) 7,471 5,164 MachOne (MT) 1,890 2,891 MachOne (MT) 5,668 9,489 9000 35000 8000 30000 7000 2
Slide 43: Scaffoldings & Formwork Business – Financials
SCAFFOLDINGS & FORMWORK BUSINESS – FINANCIALS INR Lakhs YoY Annual Consolidated Financials Consolidated Financials Mar 23 Mar 24 Mar 23 Mar 24 Revenue 21,395 29,134 Revenue 88,944 1,03,240 Segment Result - EBIT 3,557 2,707 Segment Result - EBIT 22,725 18,384 Margins 17% 9% Margins 26% 18% RoCE 14% 1
Slide 44: Textile Business – Volume
TEXTILE BUSINESS – VOLUME YoY Annual Sales Volume Sales Volume Mar 23 Mar 24 Mar 23 Mar 24 Yarn - (MT) 2546 1816 Yarn - (MT) 8681 8874 Grey Fabric (MT) 68 93 Grey Fabric (MT) 632 325 Dyed Fabric (MT) 407 678 Dyed Fabric (MT) 1877 2760 Garments (Lakhs Pcs) 8 8 Garments (Lakhs Pcs) 38 29 3000 30 10000
Slide 45: Textile Business – Financials
TEXTILE BUSINESS – FINANCIALS INR Lakhs YoY Annual Consolidated Financials Consolidated Financials Mar 23 Mar 24 Mar 23 Mar 24 Revenue 12,261 11,107 Revenue 52,414 49,181 Segment Result - EBIT (589) 242 Segment Result - EBIT (3013) (1684) Margins (5%) 2% Margins (7%) (4%) 14,000 5% 60,000 0.00% 12,0
Slide 46: Engineering & Designing Services – Financials
ENGINEERING & DESIGNING SERVICES – FINANCIALS INR Lakhs YoY Annual Consolidated Financials Consolidated Financials Mar 23 Mar 24 Mar 23 Mar 24 Revenue 3,691 4,936 Revenue 13,622 19,840 Segment Result - EBIT 746 765 Segment Result - EBIT 2,721 3,782 Margins 20% 15% Margin 20% 19% RoCE 55% 46% RoCE 51
Slide 47: Drum Closures – Segment Outlook
DRUM CLOSURES – SEGMENT OUTLOOK Revenue from Operations increased from ₹ 128 Crores to ₹ 153 Crores in Q4 on YoY basis. Profit Before Tax and Finance Cost but after Depreciation increased substantially by 30% from ₹ 43 crores to ₹ 55 crores, supported by margin improvement. In-spite of disturbances
Slide 48: Scaffoldings & Formworks – Segment Outlook
SCAFFOLDINGS & FORMWORKS – SEGMENT OUTLOOK Revenue from Operations increased from ₹ 214 Crores to ₹ 291 Crores in Q4 on YoY basis. However, Profit Before Tax and Finance Cost but after Depreciation reduced from ₹ 36 Crores to ₹ 27 Crores. Scaffolding business’s Profit is reduced in Q4 on YoY Basis,
Slide 49: Textile – Segment Outlook
TEXTILE – SEGMENT OUTLOOK Revenue from Operations of Textile (Fabric, Garment and Yarn) Division decreased from ₹ 122 Crores to ₹ 111 Crores in Q4 on YOY Basis amid challenging environment in Textile Segment. This Division had earned profit Before Tax and Finance Cost but after Depreciation of ₹ 2.5
Slide 50: Engineering Designing Services – Segment Outlook
ENGINEERING DESIGNING SERVICES – SEGMENT OUTLOOK Revenue from Operations increased substantially from ₹ 37 Crores to ₹ 49 Crores in Q4 on YOY Basis (increase of 33%). Profit Before Tax and Finance Cost but after Depreciation increased from ₹7.45 Crores to ₹ 7.65 Crores. Engineering Division of the C
Slide 51: Credit Rating
CREDIT RATING Total Bank Loan Long Term Rating : Short Term Rating : Facilities Rated : CRISIL AA-/ Stable CRISIL A1+ Rs. 976 crore Technocraft Industries, India Ltd. | www.technocraftgroup.com
Slide 52: Shareholding & Equity Structure (as on 31.03.2024)
SHAREHOLDING & EQUITY STRUCTURE (as on 31.03.2024) 14.87 3.61 2.30 0.63 3.97 74.61 Promoters Alternate Investment Funds Foreign Portfolio Investors Foreign Body Corporate and NRI Indian Body Corporate Others Public Technocraft Industries, India Ltd. | www.technocraftgroup.com
Slide 53: Share Price on BSE
SHARE PRICE ON BSE TIIL Share Price on BSE Sensex (Index of BSE) 3000 80000 70000 Sensex (Index of BSE) 2500 TIIL Share Price on BSE 60000 2000 50000 1500 40000 30000 1000 20000 500 10000 0 0 Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar April 2023 - March 2024 Technocraft Industries, India Ltd. |
Slide 54: Thank You
THANK YOU For any clarifications, pls contact: Mr. Anil Gadodia. Head – Finance. anil.gadodia@technocraftgroup.com Technocraft Industries, India Ltd. | www.technocraftgroup.com
Technocraft Industries (India) — Q4 FY24 Earnings Presentation on 6ix