Technocraft Industries (India) earnings calls.

Technocraft Industries reported a reasonably good Q2 FY26 across all four divisions amid turbulent global conditions. The formwork divisionCurrent reported value: formwork division. No comparable prior figure is available in the source record. delivered ~402 crore in Q2 and remains on track for the 900 crore FY26 target, with South American expansion outperforming expectations (Brazil, Mexico, Colombia orders) while Saudi Arabia faces regulatory delays. The Orurangabad plantCurrent reported value: Orurangabad plant. No comparable prior figure is available in the source record. reached EBITDA-positive status ahead of schedule. The scaffolding segmentCurrent reported value: scaffolding segment. No comparable prior figure is available in the source record. reported a 45-50% demand drop in the US from August-October due to tariff uncertainty, with Q3 expected to bear the bulk of impact, though November shows early recovery signals. E&R&DCurrent reported value: E&R&D. No comparable prior figure is available in the source record. is tracking toward a 75-80 crore quarterly run rate by Q4 exit. Drum closuresCurrent reported value: Drum closures. No comparable prior figure is available in the source record. face 50% US tariffs with only half pass-through achieved, risking 10% margin impact in Q3. The company remains capacity-constrained in formwork (95%Current 95%. Reported change: At maximum practical utilization. utilization) with 100,000 sqm/month capacity targeted by Q4. Management declined to provide scaffolding guidance citing extreme volatility from evolving tariff policies.