Financial Performance Highlights (Standalone & Consolidated)
Half Year Ended September 30, 2026 (H1 FY27) vs H1 FY26:
- Operating Income: ₹192.98 crore (vs ₹150.98 crore in H1 FY26) - growth of 27.82%
- EBITDA: ₹37.91 crore (vs ₹26.89 crore in H1 FY26) - growth of 40.98%
- PBT: ₹29.71 crore (vs ₹20.90 crore in H1 FY26) - growth of 42.15%
- PAT: ₹21.70 crore (vs ₹15.55 crore in H1 FY26) - growth of 39.51%
The growth is attributed to increased operating income driven by slightly higher execution of works.
Management Commentary
Mr. Sanjay Tyagi, Managing Director, stated that the company has witnessed growth in revenues and profits during the half year and quarter ended September 30, 2026. The growing orderbook size reflects the company's extensive expertise in sewerage solutions and water supply systems and demonstrates growing confidence in their capabilities as a turnkey EPC player.
Mr. Tyagi highlighted that infrastructure development remains a key focus area for the Government to bolster economic growth, enhance connectivity, and improve quality of life. Substantial funds allocated to infrastructure projects in the latest budget, particularly in water supply and sewerage systems, align with the goal of creating sustainable urban infrastructure.
The company foresees significantly growing order book size in the future and expects ample opportunities to leverage their expertise for significant growth in upcoming quarters.
New Contracts Awarded
During the quarter ended September 2026, the company received Letter of Award for:
- Sewer line work valued at ₹19,646.80 lakhs (excluding GST) (₹196.47 crore)
- Work involves providing, laying and jointing sewer lines of various diameters ranging from 300mm dia to 630mm OD internal and peripheral sewer lines including House Service Connection at Bajitpur Thakran & Auchandi Goc in Bawana AC (under network package -7)
Company Background
Technocraft Ventures Limited is a multidisciplinary public infrastructure development company engaged in execution of turnkey Engineering, Procurement and Construction (EPC) contracts across various segments including:
- Wastewater Treatment (WWT)
- Operation and Maintenance (O&M) of public utilities
- Water Supply Scheme Projects (WSSPs)
- Electrical transmission and distribution networks
- Construction of substations
- Road and highway works
- Micro tunneling
- Renewable energy
- Housing and residential buildings
- Sector-level urban development
The company operates on a project-based model through competitive bidding and tender processes, with project sites located across different states based on awarded work orders.
Incorporated in 1998, the company has demonstrated consistent growth through strategic expansions, beginning in Uttar Pradesh with construction of housing and residential buildings, development of planned residential areas, and execution of road construction projects under Public Works Departments (PWD).
Key Operational Achievements:
- Successfully laid and commissioned over 1,000 kilometers of sewerage pipelines in cities including Ghaziabad, Agra, Udaipur, Jaunpur, Etah, Pilakhuwa and Shahjahanpur
- Portfolio includes Sewage Treatment Plants (STPs) with capacities up to 56 MLD in Ghaziabad and 40 MLD in Shahjahanpur
- These facilities cater to municipal and industrial applications and adhere to latest effluent discharge standards
Geographic Presence: Primarily operates in northern India with projects concentrated in Uttar Pradesh, Uttarakhand, Rajasthan, and NCT of Delhi.
Client Base: Mainly consists of state governments and their respective agencies.