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Service
7-day production
Standard lead time once order is confirmed.
Samples available
Sample lead time: 3-5 days
Highlights at a glance
✓Brand: Teamtech
✓Category: Construction
✓Made in Surendranagar, GJ, India
✓Minimum order: 2,000 units
✓Lead time: 7 days
✓Certified: ISO 9001, ISO 14001, ISO 45001
Description
Modular T-formwork systems with customised design, engineering, technical support, refurbishment, and rental solutions for vertical concrete structures such as walls, shafts, tanks, bridges, foundations, and circular walls.
Competitive Strength
Experienced Management Team
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
Diversified Revenue Streams
Long-Term Customer Relationships
Company Financials (Restated)
Teamtech Formwork Solutions Ltd.'s revenue increased by 64% and profit after tax (PAT) rose by 48% between the financial year ending with March 31, 2026 and March 31, 2025. Period Ended 31 Mar 2026 31 Mar 2025 31 Mar 2024 Assets 66.75 40.00 24.96 Total Income 54.23 32.98 30.31 Profit After Tax 11.59 7.84 7.69 EBITDA 17.50 9.24 9.11 NET Worth 33.22 21.63 13.79 Reserves and Surplus 22.21 19.07 11.23 Total Borrowing 16.68 11.10 3.64 Amount in ₹ Crore
IPO Objects of the Issue
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects: # Issue Objects Est Amt (₹ Cr.) 1 Funding of Capital Expenditure towards purchase of Plant and Machineries for new manufacturing unit 11.92 2 Repayment/prepayment of all or certain of the borrowing availed by your company 15.50 3 To meet the working capital requirements 13.77 4 General Corporate Purpose Total 41.19
Key Performance Indicator (KPI)
KPI Mar 31, 2026 ROE 42.26% ROCE 40.92% Debt/Equity 0.50 RoNW 34.89% PAT Margin 21.60% EBITDA Margin 32.61% Price to Book Value 4.17 Pre IPO Post IPO EPS (₹) 5.26 3.87 P/E (x) 11.97 16.29 Promoter Holding 81.25% Market Cap ₹ 188.85 Cr.
Key attributes
Category
Construction
Brand
Teamtech
Model number
TFS-MFS-001
Place of origin
Surendranagar, GJ, India
Minimum order
2,000 units
Lead time
7 days
OEM / ODM
Available
Trade & shipping terms
Set by AASTHA SPINTEX LIMITED — the supplier's own terms.
Payment terms
UPI, ASBA
Packaging
Standard panels, customised panels, and formwork accessories & supporting components
Customisation
Customised design, engineering, technical support, refurbishment, and rental solutions
Delivery port
Hyderabad
Sample lead time
3-5 days
Certificates
ISO 9001
ISO 14001
ISO 45001
Reviews
Questions & answers
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