Technocraft Industries (India) Limited — Investor Meet, 14-08-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Technocraft's Q1 FY26 saw stable performance amid US tariff turbulence. Scaffolding sales were flat QoQ, impacted by US demand slowdown and new reciprocal tariffs. Management expects to pass on scaffolding duties but will absorb extra tariffs on drum closures. Textile exports to the US face significant challenges, exploring alternative manufacturing. India's formwork (Mach One) demand is robust, targeting INR900 Cr revenue this year, driving overall growth. Engineering services also show strong long-term potential. The company's diversified business mix and growing Indian market are expected to offset US-related headwinds, aiming for flat to slight overall growth.