Technocraft Industries (India) Profile
Key Indicators
- Authorised Capital ₹ 40.00 Cr
- Paid Up Capital ₹ 22.96 Cr
- Company Age 32 Year, 3 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 706.42 Cr
- Satisfied Charges ₹ 608.29 Cr
- Revenue Growth 9.69%
- Profit Growth -14.23%
- Ebitda -11.65%
- Net Worth 0.58%
- Total Assets 9.24%
About Technocraft Industries (India)
Technocraft Industries (India) Limited (TIIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 28 October 1992 and has a history of 32 years and three months. Its registered office is in Mumbai, Maharashtra, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 532804 and on the National Stock Exchange(NSE) under TIIL.
The Company is engaged in the Machinery And Equipment Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 40.00 Cr and a paid-up capital of Rs 22.96 Cr.
The company currently has active open charges totaling ₹706.42 Cr. The company has closed loans amounting to ₹608.29 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Technocraft Industries (India) Limited India are Navneet Saraf as Ceo, Neeraj Rai as Company Secretary, and Ashishkumar Saraf as Cfo. Ashishkumar Saraf, Navneet Saraf, Sudarshankumar Saraf, and Seven other members serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
Industry
What products or services does Technocraft Industries (India) Limited offer?
Technocraft Industries (India) Limited offers a wide range of products and services, including Scaffolding Pipes and Fittings, Scaffolding Systems, Scaffolding Fittings, Scaffoldings, Casting Dies, Precision Dies, Communication Towers, Scaffolding Clamp, Clamps, Wire Clamps.
Who are the key members and board of directors at Technocraft Industries (India)?
Executive Team (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Navneet Saraf  | CEO | 10-Nov-2017 | Current |
| Ashishkumar Saraf | CFO | 27-May-2015 | Current |
| Sudarshankumar Saraf | Managing Director | 28-Oct-1992 | Current |
| Sharad Saraf | Managing Director | 28-Oct-1992 | Current |
| Neeraj Rai | Company Secretary | 16-Mar-2015 | Current |
Board Members (8)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Vinod Agarwala | Director | 29-Sep-2015 | Current |
| Navneet Saraf | Whole-Time Director and Ceo | 14-Sep-2001 | Current |
| Jagdeesh Mehta | Director | 19-Dec-2013 | Current |
| Ashishkumar Saraf | Whole-Time Director and Cfo | 06-Feb-2015 | Current |
| Vishwambhar Saraf | Director | 29-Sep-2015 | Current |
| Atanu Choudhary | Whole-Time Director | 24-Oct-2008 | Current |
Financial Performance of Technocraft Industries (India).
Technocraft Industries (India) Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 9.69% increase. The company also saw a substantial fall in profitability, with a 14.23% decrease in profit. The company's net worth moved up by a moderate rise of 0.58%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Technocraft Industries (India)?
In 2022, Technocraft Industries (India) had a promoter holding of 74.68% and a public holding of 25.33%. The company had 7 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
The Cotton Textiles Export Promotion CouncilSharad Saraf is a mutual person
Sbm Chemicals And Instruments Private LimitedVinod Agarwala is a mutual person
Paithan Eco Foods Private LimitedSudarshankumar Saraf and Sharad Saraf are mutual person
Mangalam Organics LimitedSharad Saraf is a mutual person
Technocraft Fashions LimitedAshishkumar Saraf, Navneet Saraf and 1 more are mutual person
- Technocraft Tabla Formwork Systems Private Limited
Navneet Saraf and Sharad Saraf are mutual person
Charges (Loans)
₹706.42 Cr
₹608.29 Cr
Charges Breakdown by Lending Institutions
- Others : 340.32 Cr
- Citi Bank N.A. : 123.10 Cr
- Hdfc Bank Limited : 120.00 Cr
- The Hongkong And Shanghai Banking Corporation Limited : 60.00 Cr
- Dbs Bank Ltd : 41.00 Cr
- Others : 22.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 08 Feb 2023 | Hdfc Bank Limited | ₹20.00 Cr | Open |
| 07 Oct 2020 | Others | ₹145.00 Cr | Open |
| 27 Jun 2019 | Others | ₹40.00 Cr | Open |
| 13 Mar 2019 | The Hongkong And Shanghai Banking Corporation Limited | ₹60.00 Cr | Open |
| 01 Oct 2018 | Others | ₹154.36 Cr | Open |
How Many Employees Work at Technocraft Industries (India)?
Technocraft Industries (India) has a workforce of 1550 employees as of May 06, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Technocraft Industries (India), offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Technocraft Industries (India)'s trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
