**Technocraft Industries (TIIL) Q1 FY27 Update** **1. Business Performance:** TIIL delivered a strong Q1 FY27!

Consolidated operating revenue jumped 27% YoY to ₹804.97 Cr.

Profit Before Tax (PBT) surged 63% to ₹174.95 Cr, with EBITDA up 45% to ₹218.02 Cr.

Operating margin expanded to 23%. Scaffolding & Formworks led with 31% revenue growth to ₹405.08 Cr (EBIT +86%), boosted by its new Aluminum Extrusion plant.

Drum Closures also performed well, up 29% in revenue to ₹197.18 Cr (EBIT +39%). Engineering services grew 24%. Textiles significantly reduced its EBIT loss to ₹1.24 Cr. **2. Growth Drivers or Strategy:** Growth in Scaffolding is driven by infrastructure and housing demand.

Textiles is strategically shifting to value-added products and exploring new markets to overcome global uncertainties.

Engineering is investing in AI, anticipating higher demand for its offshore model. **3. Recent Developments:** A major highlight: Techno Defence, a Technocraft wing, successfully developed and is exporting indigenous miniature Joule-Thomson Cryocoolers, a crucial component for defense.

Scaffolding also installed rooftop solar panels. **4. Key Financial Metrics:** Consolidated Q1 FY27: Operating Revenue ₹804.97 Cr (+27% YoY), PBT ₹174.95 Cr (+63% YoY), EBITDA ₹218.02 Cr (+45% YoY), Operating Margin 23%. **5. Management Commentary / Outlook:** Management is optimistic across key divisions, expecting continued strong prospects from infrastructure growth and stable performance from Drum Closures.

They are adapting to geo-political shifts and AI trends in engineering services.