Teamtech Formwork Solutions Ltd
Our Company operates on business-to-business ("B2B") model and is engaged in the manufacturing, refurbishing and renting of modular T formwork and customised formwork system used in the construction industry. Formwork systems serve as temporary moulds that support and shape concrete which is poured into it until it attains the desired structural form (It provides support until the concrete gains enough strength to sustain its own weight and any imposed loads), making them an essential component of modern construction activities. We provide modular T formwork systems, including customised design, and technical support for projects. In addition to manufacturing new formwork systems, we also undertake refurbishment and reconditioning of used formwork, activities enabling customers to extend product life. The Company also offers a rental model, allowing customers to access formwork solutions without capital expenditure.
Timeline
Subscription
Reports
Offer Details
Terms
Application Sizes
Managers & Registrar
Ownership & Proceeds
Shareholding
Objects of the Issue
- Funding of Capital Expenditure towards purchase of Plant and Machineries for new manufacturing unit
- Repayment/prepayment of all or certain of the borrowing availed by its company.
- To meet the working capital requirements
- General corporate purposes
Anchor Book
Financials
Profit & Loss
| Financial Year | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| RevenueCr | 12 | 20 | 30 | 33 | 54 |
| Operating ProfitCr | 2 | 4 | 9 | 9 | 18 |
| OPM% | 15.0 | 20.9 | 30.1 | 28.3 | 32.6 |
| PBTCr | 1 | 3 | 8 | 8 | 16 |
| PATCr | 1 | 3 | 8 | 8 | 12 |
| EPS | 3 | 6 | 4 | 4 | 5 |
Balance Sheet
| Financial Year | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Equity CapitalCr | 3 | 3 | 3 | 3 | 11 |
| ReservesCr | 1 | 4 | 11 | 19 | 22 |
| BorrowingsCr | 3 | 3 | 4 | 11 | 17 |
| Fixed AssetsCr | - | - | - | - | 19 |
| Total AssetsCr | 9 | 13 | 25 | 40 | 67 |
Cash Flow
| Financial Year | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Operating Cash FlowCr | 1 | 0 | 4 | 6 | 3 |
| Investing Cash FlowCr | -1 | 0 | -3 | -12 | -7 |
| Financing Cash FlowCr | -1 | 0 | 0 | 7 | 5 |
| Net Cash FlowCr | 0 | 0 | 0 | 0 | 0 |
Strengths & Risks
- Experienced Management.
- Integrated business model.
- Strong Engineering and Technical Capabilities.
- Established Manufacturing and Refurbishment Infrastructure.
- System-Driven and Quality-Focused Operations.
- Pan-India and International Market Presence.
- Expansion of Manufacturing Capacity.
- Strengthening Geographic Presence.
- Product Development Through Engineering Capabilities.
- Expansion into International Markets.
- Enhancement of Human Capital.
- Implementation of System-Driven Processes.
- The company business is dependent on the sale of its services to certain key Industries and certain customers including the company Promoter Group Companies. The negative change in industry and/or loss of any of these customers or loss of revenue from sales to these customers could have a material adverse effect on its business, financial condition, results of operations and cash flows.
- The Company may experience the effects of seasonality which may result in operating results fluctuating significantly.
- The company Promoter Group entity operates in the same line of business as that of its Company.
- The company does not own the premises in which its registered office is located and the same are on lease arrangement. Any termination of such lease/license and/or non-renewal thereof and attachment by Property Owner could adversely affect the company operations.
- Majority portion of the company sales is generated from its Standard Panel.
- The company has had negative cash flows from operating, investing and financing activities in the past in some of the recent years.