Technocraft Industries (India) Limited (TIIL) - Net Assets
Based on the latest financial reports, Technocraft Industries (India) Limited (TIIL) has net assets worth Rs20.66 Billion INR (≈ $223.47 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs32.49 Billion ≈ $351.40 Million USD) and total liabilities (Rs11.83 Billion ≈ $127.94 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Technocraft Industries (India) Limited PP&E and investment ratio to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs20.66 Billion |
| % of Total Assets | 63.59% |
| Annual Growth Rate | 11.8% |
| 5-Year Change | 52.54% |
| 10-Year Change | 198.28% |
| Growth Volatility | 13.48 |
Technocraft Industries (India) Limited - Net Assets Trend (2005–2026)
This chart illustrates how Technocraft Industries (India) Limited's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see TIIL company net worth.
Annual Net Assets for Technocraft Industries (India) Limited (2005–2026)
The table below shows the annual net assets of Technocraft Industries (India) Limited from 2005 to 2026. Also explore Technocraft Industries (India) Limited equity growth rate to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | Rs20.66 Billion ≈ $223.47 Million |
+13.94% |
| 2025-03-31 | Rs18.14 Billion ≈ $196.13 Million |
+5.82% |
| 2024-03-31 | Rs17.14 Billion ≈ $185.34 Million |
+18.82% |
| 2023-03-31 | Rs14.42 Billion ≈ $155.99 Million |
+6.48% |
| 2022-03-31 | Rs13.55 Billion ≈ $146.50 Million |
+24.92% |
| 2021-03-31 | Rs10.84 Billion ≈ $117.28 Million |
+13.89% |
| 2020-03-31 | Rs9.52 Billion ≈ $102.97 Million |
+14.25% |
| 2019-03-31 | Rs8.33 Billion ≈ $90.13 Million |
+16.93% |
| 2018-03-31 | Rs7.13 Billion ≈ $77.08 Million |
+2.89% |
| 2017-03-31 | Rs6.93 Billion ≈ $74.92 Million |
+22.64% |
| 2016-03-31 | Rs5.65 Billion ≈ $61.09 Million |
-9.83% |
| 2015-03-31 | Rs6.26 Billion ≈ $67.74 Million |
+9.29% |
| 2014-03-31 | Rs5.73 Billion ≈ $61.99 Million |
+14.15% |
| 2013-03-31 | Rs5.02 Billion ≈ $54.30 Million |
+14.30% |
| 2012-03-31 | Rs4.39 Billion ≈ $47.51 Million |
+4.07% |
| 2011-03-31 | Rs4.22 Billion ≈ $45.65 Million |
+9.18% |
| 2010-03-31 | Rs3.87 Billion ≈ $41.82 Million |
+9.75% |
| 2009-03-31 | Rs3.52 Billion ≈ $38.10 Million |
+6.50% |
| 2008-03-31 | Rs3.31 Billion ≈ $35.78 Million |
+8.49% |
| 2007-03-31 | Rs3.05 Billion ≈ $32.98 Million |
+61.13% |
| 2006-03-31 | Rs1.89 Billion ≈ $20.47 Million |
-4.78% |
| 2005-03-31 | Rs1.99 Billion ≈ $21.49 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Technocraft Industries (India) Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 0.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2026)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Rs226.73 Million | 1.12% |
| Other Components | Rs20.00 Billion | 98.88% |
| Total Equity | Rs20.22 Billion | 100.00% |
Technocraft Industries (India) Limited Competitors by Market Cap
The table below lists competitors of Technocraft Industries (India) Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Haining China Leather Market Co Ltd
SHE:002344
|
$748.87 Million |
|
Volaris
NYSE:VLRS
|
$749.48 Million |
|
Aucma Co Ltd
SHG:600336
|
$749.69 Million |
|
Washington Trust Bancorp Inc
NASDAQ:WASH
|
$749.81 Million |
|
Sajodongaone Co Ltd
KO:008040
|
$748.86 Million |
|
Anhui Zhonghuan Environmental Protection Technology Co Ltd
SHE:300692
|
$748.74 Million |
|
Telesat Corp
TO:TSAT
|
$748.64 Million |
|
Chung Hung Steel Corp
TW:2014
|
$748.52 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Technocraft Industries (India) Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 17,723,147,000 to 20,222,401,000, a change of 2,499,254,000 (14.1%).
- Net income of 2,853,081,000 contributed positively to equity growth.
- Dividend payments of 453,456,000 reduced retained earnings.
- Other comprehensive income decreased equity by 1,341,112,000.
- Other factors increased equity by 1,440,741,000.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs2.85 Billion | +14.11% |
| Dividends Paid | Rs453.46 Million | -2.24% |
| Other Comprehensive Income | Rs-1.34 Billion | -6.63% |
| Other Changes | Rs1.44 Billion | +7.12% |
| Total Change | Rs- | 14.10% |
Book Value vs Market Value Analysis
This analysis compares Technocraft Industries (India) Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 3.42x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 35.66x to 3.42x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-03-31 | Rs85.64 | Rs3054.10 | x |
| 2006-03-31 | Rs81.47 | Rs3054.10 | x |
| 2007-03-31 | Rs124.40 | Rs3054.10 | x |
| 2008-03-31 | Rs134.58 | Rs3054.10 | x |
| 2009-03-31 | Rs143.22 | Rs3054.10 | x |
| 2010-03-31 | Rs157.20 | Rs3054.10 | x |
| 2011-03-31 | Rs171.71 | Rs3054.10 | x |
| 2012-03-31 | Rs178.77 | Rs3054.10 | x |
| 2013-03-31 | Rs204.37 | Rs3054.10 | x |
| 2014-03-31 | Rs232.36 | Rs3054.10 | x |
| 2015-03-31 | Rs253.82 | Rs3054.10 | x |
| 2016-03-31 | Rs228.81 | Rs3054.10 | x |
| 2017-03-31 | Rs281.61 | Rs3054.10 | x |
| 2018-03-31 | Rs289.75 | Rs3054.10 | x |
| 2019-03-31 | Rs338.14 | Rs3054.10 | x |
| 2020-03-31 | Rs386.03 | Rs3054.10 | x |
| 2021-03-31 | Rs438.44 | Rs3054.10 | x |
| 2022-03-31 | Rs546.43 | Rs3054.10 | x |
| 2023-03-31 | Rs588.30 | Rs3054.10 | x |
| 2024-03-31 | Rs729.48 | Rs3054.10 | x |
| 2025-03-31 | Rs786.83 | Rs3054.10 | x |
| 2026-03-31 | Rs891.95 | Rs3054.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Technocraft Industries (India) Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 14.11%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.34%
- • Asset Turnover: 0.85x
- • Equity Multiplier: 1.61x
- Recent ROE (14.11%) is above the historical average (13.19%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 15.57% | 8.17% | 1.07x | 1.78x | Rs110.70 Million |
| 2006 | 16.18% | 8.51% | 1.06x | 1.79x | Rs116.86 Million |
| 2007 | 10.88% | 8.04% | 0.77x | 1.75x | Rs26.89 Million |
| 2008 | 10.35% | 7.67% | 0.69x | 1.96x | Rs11.43 Million |
| 2009 | 3.64% | 2.64% | 0.80x | 1.72x | Rs-222.65 Million |
| 2010 | 9.84% | 8.31% | 0.66x | 1.79x | Rs-6.02 Million |
| 2011 | 7.20% | 5.39% | 0.72x | 1.85x | Rs-117.78 Million |
| 2012 | 3.49% | 2.33% | 1.02x | 1.47x | Rs-284.63 Million |
| 2013 | 14.85% | 9.18% | 1.09x | 1.48x | Rs242.60 Million |
| 2014 | 15.77% | 8.58% | 1.19x | 1.54x | Rs327.97 Million |
| 2015 | 12.11% | 7.31% | 1.04x | 1.60x | Rs131.15 Million |
| 2016 | 16.03% | 9.74% | 0.94x | 1.76x | Rs337.38 Million |
| 2017 | 14.94% | 11.00% | 0.81x | 1.67x | Rs340.56 Million |
| 2018 | 16.85% | 10.09% | 0.85x | 1.96x | Rs485.83 Million |
| 2019 | 14.12% | 8.89% | 0.81x | 1.97x | Rs340.43 Million |
| 2020 | 13.00% | 9.03% | 0.75x | 1.92x | Rs283.32 Million |
| 2021 | 12.13% | 10.05% | 0.73x | 1.66x | Rs228.66 Million |
| 2022 | 20.00% | 13.99% | 0.91x | 1.58x | Rs1.34 Billion |
| 2023 | 18.87% | 13.46% | 0.84x | 1.67x | Rs1.26 Billion |
| 2024 | 15.77% | 12.11% | 0.81x | 1.61x | Rs967.04 Million |
| 2025 | 14.46% | 9.87% | 0.87x | 1.69x | Rs789.59 Million |
| 2026 | 14.11% | 10.34% | 0.85x | 1.61x | Rs830.84 Million |
Industry Comparison
This section compares Technocraft Industries (India) Limited's net assets metrics with peer companies in the Tools & Accessories industry.
Industry Context
- Industry: Tools & Accessories
- Average net assets among peers: $5,194,257,586
- Average return on equity (ROE) among peers: 10.00%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Technocraft Industries (India) Limited (TIIL) | Rs20.66 Billion | 15.57% | 0.57x | $748.86 Million |
| Lakshmi Precision Screws Limited (LAKPRE) | $1.12 Billion | 10.97% | 2.51x | $579.82K |
| NRB Industrial Bearings Limited (NIBL) | $357.00K | 0.00% | 0.11x | $8.12 Million |
| SKF India Limited (SKFINDIA) | $18.37 Billion | 16.10% | 0.33x | $830.10 Million |
| Sterling Tools Limited (STERTOOLS) | $3.07 Billion | 9.95% | 0.45x | $83.80 Million |
| Timken India Limited (TIMKEN) | $3.41 Billion | 12.96% | 0.99x | $2.54 Billion |
About Technocraft Industries (India) Limited
Technocraft Industries (India) Limited engages in scaffolding business in India and internationally. The company operates through Drum Closures, Scaffoldings, Yarn, Fabric, Engineering & Design, and Others segments. The company offers drum closures, nylon and plastic plugs, capseal closures, canseal clousures, insertion dies, and clamps; and scaffolding products, such as techring, techlok, teck s… Read more