Formwork FY26 Revenue Target: 900 crore
On track to achieve annual formwork revenue target of 900 crore, with Q2 contributing ~402 crore driven by MAC1 sales increase.
Technocraft Industries (India) · forward-looking guidance across the available source record.
Guidance tracker
On track to achieve annual formwork revenue target of 900 crore, with Q2 contributing ~402 crore driven by MAC1 sales increase.
Expecting to reach quarterly revenue run rate of 75-80 crore by Q4 FY26 end, up from current levels, supported by new customer additions and better platform utilization.
Current capacity of 75,000 sqm/month will increase to 100,000 sqm by Q4 FY26, providing ~33% capacity uplift.
Planning to double extrusion capacity with ~150 crore capex in 2027, with corresponding formwork capacity increase in late FY27 or early FY28.
Management expects to return to 15% EBITDA margins in the scaffolding segment, citing tariff reductions and volume recovery as key drivers, assuming no major geopolitical disruptions.
On track to achieve Rs 900 crore from aluminium formwork business for FY26, with 9-month revenue already at Rs 550 crore.
Total revenue from scaffolding and aluminium formwork segment expected at Rs 1,400 crore for full year.
Management expressed confidence that the combined scaffolding and formwork segment will exceed Rs 2,000 crore revenue over the next three years, driven by India, South America, and US market growth.