Khambatta Securities Ltd.
Founded in October 1998, Technocraft Ventures Ltd. is an infrastructure development firm specializing in end-to-end engineering, procurement, and construction (EPC) projects across northern India. The company mainly serves state governments and public agencies in regions such as Uttar Pradesh, Uttarakhand, Rajasthan, and New Delhi.
Technocraft Ventures executes essential development projects across several sectors, including water and wastewater management, roads, urban planning, power distribution, and underground pipeline installation. Over the years, the firm has delivered key public projects under major government initiatives—such as AMRUT, JNNURM, UIDSST, Namami Gange, JJM, and PMGSY—and successfully completed multilateral projects funded by the Asian Development Bank.
Its services cover a wide range of areas:
For the year/period ended (Rs. in Cr.)
| FY26 | FY25 | FY24 | |
|---|---|---|---|
| Total Revenue | 347.00 | 281.00 | 227.30 |
| Profit After Tax | 43.32 | 28.20 | 19.05 |
| EPS | 14.39 | 9.37 | 6.33 |
| EBITDA Margin (%) | 20.92 | 17.75 | 15.49 |
| PAT Margin (%) | 12.56 | 10.09 | 8.43 |
For year/ period ended ( in Cr.)
| Company Name | Market Cap (Cr.) | Price | P/BV | P/E | Sales (Cr.) FY26 |
Net Profits(Cr.) FY26 |
|---|---|---|---|---|---|---|
| Technocraft Venture Limited | 839.65* | 212 | 3.91 | 19.38 | 347 | 43.32 |
| EMS Limited | 2282 | 411 | 2.18 | 25.2 | 733 | 91 |
| VA Tech Wabag Limited | 12337 | 1977 | 4.78 | 33.0 | 3944 | 370 |
| Enviro Infra Engineers Limited | 3897 | 222 | 3.13 | 20.6 | 1146 | 188 |
| Denta Water and Infra Solutions Limited | 957 | 358 | 2.06 | 15.7 | 250 | 61 |
*Market cap @upper band
The Company TECHNOCRAFT VENTURES LIMITED IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
At the upper band of IPO Rs. 212, the stock is valued at 19.38 P/E multiple. Hence, well-informed investors subscribe for medium to long term perspective.