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Technocraft Industries India Ltd. (India)

Main Activities: Forging and Stamping | Machine Shops; Turned Product; and Screw, Nut, and Bolt Manufacturing
Full name: Technocraft Industries India Ltd. Profile Updated: April 18, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Technocraft Industries India Ltd. is a company located in Mumbai, India. It was established in 1972 by two brothers, Mr. S.K. Saraf and Mr. S.M. Saraf, who are IIT Graduates & Technologists. The company initially focused on manufacturing high precision and sophisticated Drum Closures Products. In 1976, Technocraft expanded its market to include exports, despite India not being recognized as a reliable export nation at the time. In 1979, the company was recognized as an export house by the government of India. In 1994, Technocraft acquired "Maharashtra Steel Tubes Ltd" from SICOM, which manufactured Steel Pipes. The company's initial production after the acquisition was 500 metric tons per month, and Europe was a major importer of steel pipes during that time.

Legal Address
'Opus Centre',, 47, Central Road, MIDC, Opposite Tunga Paradise Hotel
Mumbai; Maharashtra; Postal Code: 400093

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Website: http://www.technocraftgroup.com

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
1992
Key Executives
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Chairman & Managing Director
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Co-Chairman & Managing Director
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Independent Director
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Independent Director
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Independent Director
Ownership Details
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74.61%
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13.56%
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7.22%
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3.97%
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0.63%
Subsidiaries
Anhui Reliable Steel Technology Co. Ltd.
100%
TIL Packaging Pvt.Ltd.
100%
Techno International Ltd
100%
Company Performance
Financial values in the chart are available after Technocraft Industries India Ltd. report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency INR. Absolute financial data is included in the purchased report.
Net sales revenue
17.08%
Total operating revenue
17.08%
Operating profit (EBIT)
10.03%
EBITDA
9.49%
Net Profit (Loss) for the Period
9.65%
Total equity
-6.13%
Operating Profit Margin (ROS)
-1.06%
Net Profit Margin
-0.95%
Return on Equity (ROE)
139.07%

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