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Teamtech Formwork Solutions Limited - machinery and equipment in Hyderabad, Telangana, India. FY 2026 financials & compliance.
Active Listed - NSE: TEAMTECH Public Limited Company machinery and equipment DPIIT Startup MSME · Small
Market Cap
₹456 Cr
TEAMTECH-ST · NSE
Share Price
₹132.05
0.00% today
Revenue
₹53.66 Cr
FY 2025-26 · +64.1% YoY
EBITDA
₹17.51 Cr
Margin 32.6%
Net Profit
₹11.59 Cr
FY 2025-26 · +47.8% YoY
ROE
42.3%
ROCE 40.5%
Debt / Equity
0.51
Interest cover 6.6x
Authorised capital
₹12.5 Cr
Registered with MCA
About Teamtech Formwork Solutions Limited
Data last updated:
Teamtech Formwork Solutions Limited is a public limited company based in Hyderabad, Telangana, India, recognised as a startup by DPIIT. It operates in the construction machinery and equipment segment of the machinery and industrial equipment sector. It was incorporated on 12 November 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U29190TG2018PLC128233. Its GSTIN is 36AAHCT0276D1ZH (Telangana). The company holds 3 GST registrations, of which 2 are active. It is a listed company as per MCA records. Its shares are listed on NSE: TEAMTECH.
The company has an authorised share capital of ₹12.5 Cr and a paid-up capital of ₹2.56 Cr. It was formerly known as Teamtech Formwork Solutions Private Limited. It is led by directors including Eldo Varghese (Managing Director) and Chaitanya Prakash Kotagiri (Whole-Time Director).
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 1050/1 Matrusri Nagar Miyapur, Hyderabad, Telangana, India – 500049.
As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹53.66 Cr, a growth of 64% compared to the previous year. For the same year it recorded a net profit of ₹11.59 Cr (net margin 21.6%) and EBITDA of ₹17.51 Cr (EBITDA margin 32.6%). The net worth stands at ₹33.22 Cr (up 53.6% YoY). Total assets are valued at ₹50.78 Cr (up 52.7% YoY).
The company has about 58 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹20.54 Cr and satisfied charges of ₹1.92 Cr on record. The company has 3 deals on record (1 funding round, 1 secondary share transfer, 1 ipo), with disclosed funding of ₹56 Lakh; the latest was in May 2026.
Teamtech Formwork Solutions Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-AP-06-0008456). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website teamtechengg.com.
Company details
CIN U29190TG2018PLC128233
Registration Number 128233
Incorporation Date 12 November 2018
ROC Hyderabad
Listing Status Listed (NSE: TEAMTECH)
Company Status Active
Date of Last AGM 29 September 2025
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Small
Udyam Registration UDYAM-AP-06-0008456
CIN history
Teamtech Formwork Solutions has one previous CIN (Corporate Identification Number): U29190TG2018PTC128233. The current CIN is U29190TG2018PLC128233, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29190TG2018PLC128233 | Current |
| U29190TG2018PTC128233 | Previous |
Key People
Eldo Varghese Managing Director Chaitanya Prakash Kotagiri Whole-Time Director Binu George Cfo Recognitions & Rankings of Teamtech Formwork Solutions
MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-AP-06-0008456
Contact details
Teamtech Formwork Solutions Limited's registered office is in Hyderabad, Telangana.
- Social Media
- Registered Address1050/1 Matrusri Nagar Miyapur, Hyderabad, Telangana, India – 500049
- IndustryMachinery and Equipment, Construction Machinery & Equipment
Comprehensive company report
Teamtech Formwork Solutions Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
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Secure checkout · GST invoice included
Business activity
The main business activities of Teamtech Formwork Solutions are manufacturing and construction. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment and demolition & site preparation, electrical, plumbing & other specialized construction activities. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | |
| F | Construction | F3 | Demolition & site preparation, Electrical, plumbing & other Specialized construction Activities |
To see the full business activity and turnover split of Teamtech Formwork Solutions Limited, buy the company report.
Financials of Teamtech Formwork Solutions Limited
FY 2025-26 filings availableTeamtech Formwork Solutions Limited reported revenue of ₹53.66 Cr (up 64% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · StandaloneRevenue
₹53.66 Cr
+64.0% YoY
EBITDA
₹17.51 Cr
+89.3% YoY
Profit After Tax
₹11.59 Cr
+47.8% YoY
Net Worth
₹33.22 Cr
+53.6% YoY
Total Assets
₹50.78 Cr
+52.7% YoY
Total Debt
₹16.68 Cr
+50.3% YoY
Revenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Income statement | |||||
| Revenue | 53.66 | 32.71 | 30.30 | 20.06 | 11.67 |
| Revenue growth | +64.1% | +8.0% | +51.1% | +71.9% | - |
| EBITDA | 17.51 | 9.25 | 9.12 | 4.20 | 1.80 |
| EBITDA margin | +32.6% | +28.3% | +30.1% | +20.9% | +15.4% |
| Profit before tax | 15.91 | 8.01 | 8.01 | 3.34 | 1.02 |
| Net profit | 11.59 | 7.84 | 7.70 | 2.95 | 0.76 |
| Net profit margin | +21.6% | +24.0% | +25.4% | +14.7% | +6.5% |
| EPS (₹) | 5.26 | 30.62 | 30.06 | 11.53 | 2.98 |
| Balance sheet | |||||
| Total assets | 50.78 | 33.25 | 17.79 | 9.78 | 6.27 |
| Net worth | 33.22 | 21.63 | 13.79 | 6.35 | 3.40 |
| Total debt | 16.68 | 11.10 | 3.63 | 3.23 | 2.87 |
| Cash & bank | 0.02 | 0.14 | 0.04 | 0.03 | 0.00 |
| Net working capital | 22.47 | 9.78 | 7.09 | 3.06 | 0.94 |
| Cash flow | |||||
| Cash from operations | 2.76 | 5.71 | 3.66 | 0.39 | 1.36 |
| Cash from investing | (7.39) | (12.44) | (3.20) | (0.08) | (0.86) |
| Cash from financing | 4.51 | 6.83 | (0.46) | (0.28) | (0.51) |
| Particulars | Mar 2026 | Dec 2025 |
|---|---|---|
| Revenue | 21.92 | 31.74 |
| Other income | 0.57 | 0.00 |
| Total expenses | 15.13 | 21.03 |
| EBITDA | 6.79 | 10.71 |
| EBITDA margin | +31.0% | +33.7% |
| Depreciation | 0.28 | 0.80 |
| Interest | 0.31 | 0.76 |
| Profit before tax | 6.77 | 9.15 |
| Tax | 2.50 | 1.82 |
Financial Statements
Figures in ₹ Cr; negatives in brackets. Updated 28 Oct 2026
| Particulars | Mar 2026 | Dec 2025 |
|---|---|---|
| Revenue | 21.92 | 31.74 |
| Other income | 0.57 | 0.00 |
| Total expenses | 15.13 | 21.03 |
| EBITDA | 6.79 | 10.71 |
| EBITDA margin | +31.0% | +33.7% |
| Depreciation | 0.28 | 0.80 |
| Interest | 0.31 | 0.76 |
| Profit before tax | 6.77 | 9.15 |
| Tax | 2.50 | 1.82 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Revenue | 53.66 | 32.71 | 30.30 | 20.06 | 11.67 |
| Revenue growth | +64.1% | +8.0% | +51.1% | +71.9% | - |
| Other income | 0.57 | 0.27 | 0.01 | 0.00 | 0.00 |
| Total expenses | 36.15 | 23.46 | 21.18 | 15.86 | 9.87 |
| Employee cost | 4.81 | 4.35 | 2.79 | 1.03 | 1.41 |
| EBITDA | 17.51 | 9.25 | 9.12 | 4.20 | 1.80 |
| EBITDA margin | +32.6% | +28.3% | +30.1% | +20.9% | +15.4% |
| Depreciation | 1.08 | 0.87 | 0.51 | 0.48 | 0.47 |
| Interest | 1.09 | 0.64 | 0.61 | 0.38 | 0.31 |
| Profit before tax | 15.91 | 8.01 | 8.01 | 3.34 | 1.02 |
| Tax | 4.32 | 0.17 | 0.31 | 0.39 | 0.26 |
| Net profit | 11.59 | 7.84 | 7.70 | 2.95 | 0.76 |
| Net profit margin | +21.6% | +24.0% | +25.4% | +14.7% | +6.5% |
| EPS (₹) | 5.26 | 30.62 | 30.06 | 11.53 | 2.98 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Equity & liabilities | |||||
| Share capital | 11.01 | 2.56 | 2.56 | 2.56 | 2.56 |
| Reserves & surplus | 22.21 | 19.07 | 11.23 | 3.79 | 0.84 |
| Shareholders' funds (net worth) | 33.22 | 21.63 | 13.79 | 6.35 | 3.40 |
| Secured loans | 16.68 | 11.10 | 3.61 | 3.11 | 2.85 |
| Unsecured loans | 0.00 | 0.00 | 0.02 | 0.12 | 0.02 |
| Total debt | 16.68 | 11.10 | 3.63 | 3.23 | 2.87 |
| Total liabilities | 50.78 | 33.25 | 17.79 | 9.78 | 6.27 |
| Assets | |||||
| Gross block | 23.85 | 22.28 | 11.49 | 8.39 | 6.66 |
| Net block | 19.31 | 18.82 | 8.89 | 6.30 | 5.42 |
| Capital work in progress | 7.50 | 1.69 | 0.10 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Inventories | 4.33 | 7.53 | 5.26 | 2.43 | 0.80 |
| Sundry debtors | 29.77 | 7.37 | 7.66 | 1.99 | 2.20 |
| Cash & bank balances | 0.02 | 0.14 | 0.04 | 0.03 | 0.00 |
| Loans & advances | 3.72 | 0.92 | 0.81 | 1.21 | 1.02 |
| Total current assets | 37.84 | 15.96 | 13.77 | 5.66 | 4.02 |
| Total current liabilities | 15.37 | 6.18 | 6.68 | 2.60 | 3.08 |
| Net working capital | 22.47 | 9.78 | 7.09 | 3.06 | 0.94 |
| Total assets | 50.78 | 33.25 | 17.79 | 9.78 | 6.27 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Opening cash | 0.14 | 0.04 | 0.03 | 0.00 | 0.00 |
| Net cash from operating activities | 2.76 | 5.71 | 3.66 | 0.39 | 1.36 |
| Net cash from investing activities | (7.39) | (12.44) | (3.20) | (0.08) | (0.86) |
| Net cash from financing activities | 4.51 | 6.83 | (0.46) | (0.28) | (0.51) |
| Net change in cash | (0.12) | 0.10 | 0.01 | 0.03 | 0.00 |
| Closing cash | 0.02 | 0.14 | 0.04 | 0.03 | 0.00 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Growth | |||||
| Sales growth | +64.1% | +8.0% | +51.1% | +71.9% | - |
| EBITDA growth | +89.3% | +1.4% | +117.1% | +133.3% | - |
| PBT growth | +98.6% | 0.0% | +139.8% | +227.5% | +9997.0% |
| Net income growth | +47.8% | +1.8% | +161.0% | +288.2% | - |
| Revenue CAGR (3Y) | +38.8% | +41.0% | - | - | - |
| EBITDA CAGR (3Y) | +61.0% | +72.6% | - | - | - |
| Profitability & leverage | |||||
| Net income margin | +21.6% | +24.0% | +25.4% | +14.7% | +6.5% |
| Return on capital employed | +40.5% | +26.0% | +62.4% | +46.4% | +21.2% |
| Return on net worth | +42.3% | +36.3% | +76.4% | +60.5% | +22.4% |
| Debt / equity | 0.51 | 0.50 | 0.34 | 0.63 | 0.84 |
| Long-term debt / equity | 0.16 | -0.11 | 0.08 | 0.22 | 0.38 |
| Interest cover | 6.63 | 7.64 | 7.08 | 10.22 | 23.31 |
| Efficiency & per share | |||||
| Fixed asset turnover | 2.33 | 1.47 | 3.05 | 2.67 | 1.75 |
| Inventory turnover | 9.05 | 4.34 | 7.88 | 12.42 | 14.59 |
| Debtors turnover | 2.89 | 4.44 | 6.28 | 9.58 | 5.30 |
| EPS (₹) | 5.26 | 30.62 | 30.06 | 11.53 | 2.98 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 15.09 | 84.49 | 53.88 | 24.82 | 13.28 |
To see the full year-wise statements and ratios of Teamtech Formwork Solutions Limited, buy the company report.
Board of directors and KMP of Teamtech Formwork Solutions Limited
Teamtech Formwork Solutions Limited currently reports 3 directors and 1 key managerial person. 3 former directors have served the organization.
Current Directors and KMP
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chaitanya Prakash Kotagiri | Whole-Time Director | 12 Nov 2018 | 7 Years 11 Months | Current |
| Eldo Varghese | Managing Director | 12 Nov 2018 | 7 Years 11 Months | Current |
| Binu George Also directs: Ontips Consultancy Private Limited | Cfo | 13 Nov 2025 | 0 Years 11 Months | Current |
| Salinraj Kunnummal | Director | 20 Apr 2021 | 5 Years 6 Months | Current |
Charges & borrowings
Open charges
₹20.54 Cr
Satisfied charges
₹1.92 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Sep 2023 | 100815908 | Tata Capital Financial Services Limited | ₹60 Lakh | Open | |
| 15 Nov 2021 | 100500115 | Others | ₹19.94 Cr | Open | |
| 18 Jul 2020 | 100359086 | Others | ₹27 Lakh | Satisfied | |
| 02 Dec 2019 | 100311096 | The Catholic Syrian Bank Ltd | ₹15 Lakh | Satisfied | |
| 25 Jan 2019 | 100239065 | The Catholic Syrian Bank Ltd | ₹1.5 Cr | Satisfied |
To see the full charge records of Teamtech Formwork Solutions Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
Teamtech Formwork Solutions Limited has 3 deals on record (1 funding round, 1 secondary share transfer, 1 ipo), with disclosed funding of ₹56 Lakh; the latest was in May 2026.
Total deals
3
Funding round
1
Secondary share transfer
1
IPO
1
Disclosed funding
₹56 Lakh
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2026 | IPO | ₹50.15 Cr | Investors: Finavenue Capital Trust, Invicta Continuum Fund, Rigel Global Fund |
| May 2021 | Funding round | ₹56 Lakh | Investors: 2 individuals |
| Jan 2019 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Teamtech Formwork Solutions Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Teamtech Formwork Solutions Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Teamtech Formwork Solutions has 3 GST registrations: 2 active and 1 cancelled or inactive.
Total GSTINs
3
Active
2
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAHCT0276D1ZH | Telangana | Active | 12 Nov 2018 |
| 36AAHCT0276D2ZG | Telangana | Active | 01 Jun 2024 |
To see the full GST registrations and return filing status of Teamtech Formwork Solutions Limited, buy the company report.
Recent activity
Teamtech Formwork Solutions Limited has 7 board changes on record since 2018: 4 appointments and 3 cessations. The latest: Chaitanya Prakash Kotagiri ceased to be Director on 15 Jan 2026.
Filing
Teamtech Formwork Solutions Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Hyderabad.
Ceased
Chaitanya Prakash Kotagiri ceased to be Director.
Ceased
Eldo Varghese ceased to be Managing Director.
Appointed
Binu George was appointed as CFO.
Charges
A charge with Others of Rs. 19.94 Cr registered on 15 Nov 2021 with Charge ID 100500115 was modified on 31 Oct 2025.
AGM
Teamtech Formwork Solutions Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Charges
A charge with Tata Capital Financial Services Limited amounted to Rs. 0.60 Cr with Charge ID 100815908 was registered on 30 Sep 2023.
Charges
A charge with Others amounted to Rs. 19.94 Cr with Charge ID 100500115 was registered on 15 Nov 2021.
Ceased
Salinraj Kunnummal ceased to be Additional Director.
Charges
A charge registered on 18 Jul 2020 via Charge ID 100359086 with Others was fully satisfied on 27 Sep 2021.
Charges
A charge registered on 02 Dec 2019 via Charge ID 100311096 with The Catholic Syrian Bank Ltd was fully satisfied on 27 Sep 2021.
Charges
A charge registered on 25 Jan 2019 via Charge ID 100239065 with The Catholic Syrian Bank Ltd was fully satisfied on 27 Sep 2021.
7 earlier events are in the company report.
News
Frequently asked questions
Teamtech Formwork Solutions is an active public limited company based in Hyderabad, Telangana, India. The company works in construction machinery and equipment, within the machinery and equipment industry. It was incorporated on 12 November 2018 (8+ years old) and is registered under CIN U29190TG2018PLC128233. Listed on NSE: TEAMTECH.
Teamtech Formwork Solutions reported revenue of ₹53.66 Cr for FY 2025-26 (up 64% YoY) based on standalone financials.
Teamtech Formwork Solutions has 4 current directors and KMP:
- Eldo Varghese - Managing Director
- Chaitanya Prakash Kotagiri - Whole-Time Director
- Salinraj Kunnummal - Director
- Binu George - Cfo
The latest financial statements of Teamtech Formwork Solutions on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 29 September 2025. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Teamtech Formwork Solutions is 36AAHCT0276D1ZH, registered in Telangana. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 36AAHCT0276D2ZG (Telangana).
The CIN (Corporate Identification Number) of Teamtech Formwork Solutions is U29190TG2018PLC128233. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Teamtech Formwork Solutions is a listed company as per MCA records. Its shares are listed on NSE (symbol: TEAMTECH).
Teamtech Formwork Solutions was incorporated on 12 November 2018, making it 8+ years old. It is registered with the Registrar of Companies, Hyderabad.
Teamtech Formwork Solutions has 3 deals on record (1 funding round, 1 secondary share transfer, 1 ipo), with disclosed funding of ₹56 Lakh; the latest was in May 2026.
Chaitanya Prakash Kotagiri ceased to be Director on 15 Jan 2026. Eldo Varghese ceased to be Managing Director on 15 Jan 2026. Binu George was appointed as CFO on 13 Nov 2025. Teamtech Formwork Solutions has 7 board changes on record in total.