Q1 FY27 call transcript flags strong scaffolding demand
TIIL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Technocraft reported Q1 FY27 segment revenue of Rs 240 crore from steel scaffolding and Rs 165 crore from Mach One aluminium formwork. Management expects strong US project demand to sustain scaffolding volumes for at least two quarters. Sustainable margin guidance remains above 15 percent for scaffolding and engineering and above 30 percent for drum closures; 43 percent is not seen as normal. No major new capital spending is planned this year. Defence orders total about Rs 20 to 21 crore.
Demand visibility and defence orders support earnings, but capacity use and Middle East weakness limit gains; 43 percent margin is not sustainable.