Technocraft Industries (India) Limited — Investor Meet, 03-06-2026: Analysts/Institutional Investor Meet/Con. Call Updates

Technocraft anticipates a better FY27, citing strong US scaffolding momentum driven by AI/tech infrastructure and stable drum closures, with tariffs fully passed on. Scaffolding margins saw a one-time ~INR 20 Cr steel discount benefit; ongoing steel price hikes are managed. Engineering is growing 8-10% quarterly, investing heavily in AI. Formwork faces real estate project delays affecting dispatch but maintains a healthy order book and leverages backward integration. INR 150 Cr capex for formwork expansion is planned. Textiles are undergoing restructuring, with yarn showing improving trends. Management's tone signals cautious confidence, focusing on operational efficiency and managing market volatility.