Technocraft Industries (india) Limited · NSE:TIIL
Technocraft Industries (india) — Q1 FY25 Earnings Presentation
59 slides from Technocraft Industries (india)'s earnings presentation, Aug 13, 2024
Slide 1: Technocraft Industries (India) Limited
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 Q1 Q4 FY25 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: Technocraft was established in 1972 with manufacturing of Steel Drum Closures
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: Drum Closures – Product Range
DRUM CLOSURES – PRODUCT RANGE Aluminum Steel Drum Gaskets for Stainless Steel Lacquered Metal Cap-seal Flanges & Cap- Flanges & Plugs Flanges & Plugs Closures System Closures System seal Leak lock plugs Lever Latches for Metal & SS Tag for reconditioning Paint Plugs Hybrid Plugs Vent Plugs Locking R
Slide 12: 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 13: Scaffolding Systems – Products
SCAFFOLDING SYSTEMS – PRODUCTS Technocraft Industries, India Ltd. | www.technocraftgroup.com
Slide 14: Scaffolding Systems – Products
SCAFFOLDING SYSTEMS – PRODUCTS Technocraft Industries, India Ltd. | www.technocraftgroup.com
Slide 15: 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 16: 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 17: 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 18: 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 19: Technocraft Extrusions & Formworks – Artistic View of Factory
TECHNOCRAFT EXTRUSIONS PVT LTD & TECHNOCRAFT FORMWORKS PVT LTD - ARTISTIC VIEW OF FACTORY BUILDING (NEW PROJECT)
Slide 20: Technocraft Industries, India Ltd. | www.technocraftgroup.com
Technocraft Industries, India Ltd. | www.technocraftgroup.com
Slide 21: Scaffolding Systems – 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 22: Scaffolding Systems – 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 23: Mach Deck, Mach One, Pier Head, Mach AluPly
Mach Deck Mach One Technocraft Industries, India Ltd. | www.technocraftgroup.com Pier Head Segment Mach AluPly
Slide 24: Project examples: USA, Australia, New Zealand
USA : Casino in Oklahoma Technocraft Industries, India Ltd. | www.technocraftgroup.com Australia : Underground Railway station Project New Zealand : Building Project
Slide 25: 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 26: Textile – Products
TEXTILE – PRODUCTS Technocraft Industries, India Ltd. | www.technocraftgroup.com
Slide 27: Textiles – 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. from 31,000 spindles The Ne
Slide 28: Exhibitions & Customer Visit
EXHIBITIONS & CUSTOMER VISIT Technocraft Industries, India Ltd. | www.technocraftgroup.com
Slide 29: 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 30: Technosoft Engineering Projects Ltd. – Industry Verticals
TECHNOSOFT ENGINEERING PROJECTS LTD. – INDUSTRY VERTICALS Empowering Industries Through Innovative Solutions Technocraft Industries, India Ltd. | www.technocraftgroup.com
Slide 31: Technosoft Engineering Projects Ltd. – Industry Focus
TECHNOSOFT ENGINEERING PROJECTS LTD. – INDUSTRY FOCUS Technocraft Industries, India Ltd. | www.technocraftgroup.com
Slide 32: New Technology – AI Based Visual Defect Detection System
NEW TECHNOLOGY - AI BASED VISUAL DEFECT DETECTION SYSTEM Development of AI/ML-Based Vision Defect Detection System Technosoft is developing an advanced AI-powered Visual Defect Detection System designed to revolutionize the inspection process of various parts and products. By leveraging AI algorithm
Slide 33: Exhibitions – ASOD Meet – South Korea, April 24
EXHIBITIONS – ASOD MEET – SOUTH KOREA, APRIL 24 Technocraft Industries, India Ltd. | www.technocraftgroup.com
Slide 34: Exhibitions – Chemexpo 2024 in Mumbai
EXHIBITIONS - CHEMEXPO 2024 IN MUMBAI 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 35: 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 36: 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 37: Consolidated Profit & Loss Statement – Quarterly Financial Results
CONSOLIDATED PROFIT & LOSS STATEMENT – QUARTERLY FINANCIAL RESULTS % Amount in INR Lakhs Change Particulars Apr- Jun 24 Jan - Mar 24 Apr - Jun 23 Y-o-Y Operating Revenue 62,040 59,255 55,651 11% Other Income 3,016 3,300 1,440 109% Total Revenue 65,056 62,555 57,091 14% Cost of Goods Sold 29,256 28,8
Slide 38: Consolidated Profit & Loss Statement – TTM
CONSOLIDATED PROFIT & LOSS STATEMENT – TTM Amount in INR Lakhs % Particulars Jul 23 - June 24 Jul 22 - June 23 Change Operating Revenue 2,24,552 2,00,233 12% Other Income 10,567 6,071 74% Total Revenue 2,35,119 2,06,304 14% Cost of Goods Sold 1,04,751 80,056 31% Employee benefits expense 30,109 22,6
Slide 39: Ratios
RATIOS TTM TTM Ratios Apr - Jun 24 Apr - Jun 23 Jul 23 – June 24 Jul 22 – June 23 Operating Margin 18% 21% 20% 23% Net Profit Margin 12% 15% 14% 16% Debt Equity Ratio 0.41 Times 0.47 Times 0.41 Times 0.47 Times Current Ratio 1.99 Times 1.91 Times 1.99 Times 1.91 Times Debtors (INR Lacs) 53,539 52,50
Slide 40: Consolidated Segmental Analysis – Revenue (Quarterly)
CONSOLIDATED SEGMENTAL ANALYSIS – REVENUE (QUARTERLY) % Income from continued Amount in INR Lakhs Change operations Apr - Jun 24 Jan - Mar 24 Apr - Jun 23 Y-o-Y Drum Closure Division 15,098 15,303 12,781 18% Scaffoldings Division 33,408 29,134 27,405 22% Textiles Division 10,420 11,107 13,942 -25% E
Slide 41: Consolidated Segmental Analysis: EBIT (Quarterly)
CONSOLIDATED SEGMENTAL ANALYSIS: EBIT (QUARTERLY) Segment Results Amount in INR Lakhs % Change Profit/(Loss) after Depreciation but Before Apr - Jun 24 Jan - Mar 24 Apr - Jun 23 Y-o-Y Finance Cost and Tax Drum Closure Division 5,571 5,557 4,043 38% Scaffoldings Division 5,301 2,707 7,715 -31% Textil
Slide 42: Consolidated Segmental Analysis: Revenue (TTM)
CONSOLIDATED SEGMENTAL ANALYSIS: REVENUE (TTM) Amount in INR Lakhs % Income from continued operations Change Jul 23 - June 24 Jul 22 - June 23 Drum Closure Division 56,620 50,971 11% Scaffoldings Division 1,09,243 93,098 18% Textiles Division 45,660 50,206 -9% Engineering & Designing Services 20,610
Slide 43: Consolidated Segmental Analysis: EBIT (TTM)
CONSOLIDATED SEGMENTAL ANALYSIS: EBIT (TTM) Segment Results Amount in INR Lakhs % Profit/(Loss) after Depreciation but Before Change Jul 23 - June 24 Jul 22 - June 23 Finance Cost, Tax Drum Closure Division 20,107 15,426 30% Scaffoldings Division 15,970 25,455 -37% Textiles Division -2,474 -3,830 35
Slide 44: Consolidated Financials Revenue, PBT & Margin
CONSOLIDATED FINANCIALS REVENUE, PBT & MARGIN Amount in INR Lakhs YoY TTM Particulars Jun-23 Jun-24 Jun-23 Jun-24 Income from Continuing Operations 55,651 62,040 2,00,233 2,24,552 Profit Before Tax (Before Exceptional Items) 11,178 11,102 38,780 37,414 Margins 21% 18% 19% 17% 70,000 25% 2,50,000 40%
Slide 45: Drum Closures Business – Volume
DRUM CLOSURES BUSINESS – VOLUME YoY TTM Sales Volume Sales Volume Jun-23 Jun-24 Jun-23 Jun-24 Drum Closures (Lakhs Sets) Drum Closures (Lakhs Sets) 160 176 585 671 (India + China) (India + China) Clamps (Lakhs Pcs) 57 64 Clamps (Lakhs Pcs) 194 260 Metal Capseals (Lakhs Pcs) 21 39 Metal Capseals (Lak
Slide 46: Drum Closures Business – Financials
DRUM CLOSURES BUSINESS – FINANCIALS INR Lakhs YoY TTM Consolidated Financials Consolidated Financials Jun-23 Jun-24 Jun-23 Jun-24 Revenue 12,781 15,098 Revenue 50,971 56,620 Segment Result - EBIT 4,043 5,571 Segment Result - EBIT 15,426 20,107 Margins 30% 36% Margins 32% 37% RoCE 67% 56% RoCE 71% 63
Slide 47: Scaffoldings & Formworks Business – Volume
SCAFFOLDINGS & FORMWORKS BUSINESS – VOLUME YoY TTM Sales Volume Sales Volume Jun-23 Jun-24 Jun-23 Jun-24 Scaffoldings (MT) 7,462 8,618 Scaffoldings (MT) 32,285 25,922 Formwork (MT) 1,543 440 Formwork (MT) 7,184 4,061 MachOne (MT) 1,916 2,933 MachOne (MT) 6,777 10,506 10000 35000 9000 30000 8000 7000
Slide 48: Scaffoldings & Formwork Business – Financials
SCAFFOLDINGS & FORMWORK BUSINESS – FINANCIALS INR Lakhs YoY TTM Consolidated Financials Consolidated Financials Jun-23 Jun-24 Jun-23 Jun-24 Revenue 27,405 33,408 Revenue 93,098 1,09,243 Segment Result - EBIT 7,715 5,301 Segment Result - EBIT 25,455 15,970 Margins 28% 16% Margins 27% 15% RoCE 29% 19%
Slide 49: Textile Business – Volume
TEXTILE BUSINESS – VOLUME YoY TTM Sales Volume Sales Volume Jun-23 Jun-24 Jun-23 Jun-24 Yarn - (MT) 2480 1697 Yarn - (MT) 8941 8091 Grey Fabric (MT) 103 265 Grey Fabric (MT) 359 487 Dyed Fabric (MT) 753 439 Dyed Fabric (MT) 2104 2446 Garments (Lakhs Pcs) 5 10 Garments (Lakhs Pcs) 31 34 3000 30 10000
Slide 50: Textile Business – Financials
TEXTILE BUSINESS – FINANCIALS INR Lakhs YoY TTM Consolidated Financials Consolidated Financials Jun-23 Jun-24 Jun-23 Jun-24 Revenue 13,942 10,420 Revenue 50,206 45,660 Segment Result - EBIT -447 -1,237 Segment Result - EBIT -3,830 -2,474 Margins -3% -12% Margins -8% -5% 16,000 0% 60,000 0% 14,000 -2
Slide 51: Engineering & Designing Services – Financials
ENGINEERING & DESIGNING SERVICES – FINANCIALS INR Lakhs YoY TTM Consolidated Financials Consolidated Financials Jun-23 Jun-24 Jun-23 Jun-24 Revenue 4,203 4,973 Revenue 14,749 20,610 Segment Result - EBIT 929 850 Segment Result - EBIT 3,178 3,703 Margins 22% 17% Margin 22% 18% RoCE 68% 49% RoCE 58% 5
Slide 52: Drum Closures – Segment Outlook
DRUM CLOSURES – SEGMENT OUTLOOK Revenue from Operations increased from ₹ 128 Crores to ₹ 151 Crores in Q1 on YoY basis. EBIT increased by 40% from ₹ 40 crores to ₹ 56 crores, supported by margin improvement and continuous process improvement. In-spite of disturbances caused by global geo-political d
Slide 53: Scaffoldings & Formworks – Segment Outlook
SCAFFOLDINGS & FORMWORKS – SEGMENT OUTLOOK Revenue from Operations increased from ₹ 274 Crores to ₹ 334 Crores in Q1 on YoY basis. However, EBIT reduced from ₹ 77 Crores to ₹ 53 Crores. Scaffolding business’s EBIT is reduced in Q1 on YoY Basis, due to pressure on margins caused by geo-political dist
Slide 54: Textile – Segment Outlook
TEXTILE – SEGMENT OUTLOOK Revenue from Operations of Textile (Fabric, Garment and Yarn) Division decreased from ₹ 139 Crores to ₹ 104 Crores in Q1 on YOY Basis amid challenging environment in Textile Segment. The Textile segment of the Company has been observing pressure from market forces from quit
Slide 55: Engineering Designing Services – Segment Outlook
ENGINEERING DESIGNING SERVICES – SEGMENT OUTLOOK Revenue from Operations increased from ₹ 42 Crores to ₹ 50 Crores in Q1 on YOY Basis (increase of 19%). EBIT have marginally reduced from ₹9.29 Crores to ₹ 8.50 Crores. Engineering Division of the Company has been growing steadily. Division has shown
Slide 56: 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 57: Shareholding & Equity Structure (as on 30.06.2024)
SHAREHOLDING & EQUITY STRUCTURE (as on 30.06.2024) 14.42 2.74 0.69 2.30 5.23 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 58: Share Price on BSE
SHARE PRICE ON BSE TIIL Share Price on BSE Sensex (Index of BSE) 3500 90000 80000 Sensex (Index of BSE) 3000 TIIL Share Price on BSE 70000 2500 60000 2000 50000 1500 40000 30000 1000 20000 500 10000 0 0 Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May June July 2023 - June 2024 Technocraft Industries, In
Slide 59: 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) — Q1 FY25 Earnings Presentation on 6ix