Technocraft Industries (India) Balance Sheet Health
Financial Health criteria checks 6/6
Technocraft Industries (India) has a total shareholder equity of ₹17.1B and total debt of ₹7.4B, which brings its debt-to-equity ratio to 43.2%. Its total assets and total liabilities are ₹28.6B and ₹11.5B respectively. Technocraft Industries (India)'s EBIT is ₹3.1B making its interest coverage ratio 9.2. It has cash and short-term investments of ₹2.5B.
Key information
43.2%
Debt to equity ratio
₹7.38b
Debt
| Interest coverage ratio | 9.2x |
| Cash | ₹2.45b |
| Equity | ₹17.08b |
| Total liabilities | ₹11.52b |
| Total assets | ₹28.60b |
Recent financial health updates
We Think Technocraft Industries (India) (NSE:TIIL) Is Taking Some Risk With Its Debt
Sep 20
Is Technocraft Industries (India) (NSE:TIIL) Using Too Much Debt?
Dec 13Is Technocraft Industries (India) (NSE:TIIL) A Risky Investment?
Sep 06Technocraft Industries (India) (NSE:TIIL) Could Easily Take On More Debt
Jun 15Technocraft Industries (India) (NSE:TIIL) Seems To Use Debt Quite Sensibly
Jul 15Technocraft Industries (India) (NSE:TIIL) Has A Somewhat Strained Balance Sheet
Dec 08
Recent updates
Technocraft Industries (India) Limited (NSE:TIIL) Looks Inexpensive But Perhaps Not Attractive Enough
Dec 08Technocraft Industries (India)'s (NSE:TIIL) Problems Go Beyond Weak Profit
Nov 20Returns On Capital At Technocraft Industries (India) (NSE:TIIL) Have Hit The Brakes
Nov 14We Think Technocraft Industries (India) (NSE:TIIL) Is Taking Some Risk With Its Debt
Sep 20Why Investors Shouldn't Be Surprised By Technocraft Industries (India) Limited's (NSE:TIIL) 30% Share Price Surge
Jul 31Returns On Capital At Technocraft Industries (India) (NSE:TIIL) Have Stalled
Jul 27Even With A 27% Surge, Cautious Investors Are Not Rewarding Technocraft Industries (India) Limited's (NSE:TIIL) Performance Completely
Jun 09Even With A 40% Surge, Cautious Investors Are Not Rewarding Technocraft Industries (India) Limited's (NSE:TIIL) Performance Completely
Apr 19Investors Give Technocraft Industries (India) Limited (NSE:TIIL) Shares A 26% Hiding
Mar 05Technocraft Industries (India) (NSE:TIIL) Looks To Prolong Its Impressive Returns
Feb 15Further Upside For Technocraft Industries (India) Limited (NSE:TIIL) Shares Could Introduce Price Risks After 35% Bounce
Dec 18Is Technocraft Industries (India) (NSE:TIIL) Using Too Much Debt?
Dec 13Technocraft Industries (India) (NSE:TIIL) Is Very Good At Capital Allocation
Oct 21We Take A Look At Why Technocraft Industries (India) Limited's (NSE:TIIL) CEO Has Earned Their Pay Packet
Sep 21Is Technocraft Industries (India) (NSE:TIIL) A Risky Investment?
Sep 06Technocraft Industries (India) (NSE:TIIL) Could Become A Multi-Bagger
May 24We Ran A Stock Scan For Earnings Growth And Technocraft Industries (India) (NSE:TIIL) Passed With Ease
Apr 19Shareholders Would Not Be Objecting To Technocraft Industries (India) Limited's (NSE:TIIL) CEO Compensation And Here's Why
Sep 20Technocraft Industries (India) (NSE:TIIL) Could Easily Take On More Debt
Jun 15If You Like EPS Growth Then Check Out Technocraft Industries (India) (NSE:TIIL) Before It's Too Late
Apr 05A Look Into Technocraft Industries (India)'s (NSE:TIIL) Impressive Returns On Capital
Mar 03If You Like EPS Growth Then Check Out Technocraft Industries (India) (NSE:TIIL) Before It's Too Late
Nov 10Technocraft Industries (India) (NSE:TIIL) Will Want To Turn Around Its Return Trends
Aug 16Technocraft Industries (India) (NSE:TIIL) Seems To Use Debt Quite Sensibly
Jul 15If You Like EPS Growth Then Check Out Technocraft Industries (India) (NSE:TIIL) Before It's Too Late
Jun 30The Returns On Capital At Technocraft Industries (India) (NSE:TIIL) Don't Inspire Confidence
Mar 25Has Technocraft Industries (India) Limited's (NSE:TIIL) Impressive Stock Performance Got Anything to Do With Its Fundamentals?
Mar 08Do Insiders Own Lots Of Shares In Technocraft Industries (India) Limited (NSE:TIIL)?
Feb 17Is Now The Time To Put Technocraft Industries (India) (NSE:TIIL) On Your Watchlist?
Feb 02Is There More To The Story Than Technocraft Industries (India)'s (NSE:TIIL) Earnings Growth?
Jan 19Technocraft Industries (India) (NSE:TIIL) Share Prices Have Dropped 35% In The Last Three Years
Dec 29Technocraft Industries (India) (NSE:TIIL) Has A Somewhat Strained Balance Sheet
Dec 08Financial Position Analysis
Short Term Liabilities: TIIL's short term assets (₹16.3B) exceed its short term liabilities (₹8.9B).
Long Term Liabilities: TIIL's short term assets (₹16.3B) exceed its long term liabilities (₹2.6B).
Debt to Equity History and Analysis
Debt Level: TIIL's net debt to equity ratio (28.8%) is considered satisfactory.
Reducing Debt: TIIL's debt to equity ratio has reduced from 66.1% to 43.2% over the past 5 years.
Debt Coverage: TIIL's debt is well covered by operating cash flow (45.3%).
Interest Coverage: TIIL's interest payments on its debt are well covered by EBIT (9.2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/19 11:58 |
| End of Day Share Price | 2024/12/19 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Technocraft Industries (India) Limited is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Girish Solanki | Anand Rathi Shares and Stock Brokers Limited |
| Kameswari V. S. Chavali | FirstCall Research |